COAL - Clpdigital.org
COAL - Clpdigital.org
COAL - Clpdigital.org
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
42 THE <strong>COAL</strong> TRADE BULLETIN.<br />
ENGINEERS ORDERED NEW<br />
CHARTS OF THE OHIO RIVER.<br />
The conference of United States engineers to<br />
consider and report on plans for improving the<br />
Ohio river was begun on June 8 at the headquarters<br />
of Col. E. H. Ruffner at Cincinnati, 'the<br />
officials in attendance were Lieutenant-Colonel D.<br />
W. Lockwood, Lieutenant-Colonel Clinton B. Sears,<br />
Colonel Ruffner, Major W. L. Sibert, of Pittsburgh,<br />
and Major H. Zinn, all of whom are connected<br />
with the government's river department.<br />
The task before them was to report on the practicability<br />
of improving the Ohio by giving it a<br />
six-foot stage or a nine-foot stage of water; to<br />
define ways and means for carrying out such improvements,<br />
the probable expense and the resulting<br />
influence the improvement would have on<br />
river traffic and on industries within tne river<br />
district. The conference was in session for several<br />
days. To get information accurate enough as a<br />
basis for Congress to act on at its next session.<br />
it was decided to order a number of new surveys<br />
of various sections of the river in addition to those<br />
at present in progress. The Cincinnati department<br />
will have charge of several of these. It<br />
was not considered necessary by the engineers to<br />
give any hearing to the business bodies or the<br />
steamboat interests to settle what improvements<br />
are most needed. The report of the engineers<br />
will be transmitted to Washington and will be the<br />
basis of further action in the line of river improvements.<br />
REPORT OF THE ZEIGLER DISASTER.<br />
The report of the board which investigated the<br />
Zeigler mine disaster that caused the loss of 51<br />
lives, has just been made public by Governor<br />
Deneen of Illinois. The findings are somewhat<br />
severe on the owners, the report stating ,.iat the<br />
mine had not been submitted to daily inspection<br />
as required, cross-cuts had not been made every<br />
60 feet and a large quantity of powder had been<br />
stored in one of the passages, which was contrary<br />
to the law. Legal action is likely to follow the<br />
report, but its immediate effect will be to cause<br />
a stricter enforcement of the mining laws in<br />
Illinois.<br />
The Jones & Laughlin Steel Co.. through the<br />
Vesta Coal Co., has purchased 10,000 acres of<br />
Washington county (Pa.) coal. The price announced<br />
is in the neighborhood of $3,000,000. This<br />
included two or three tracts of surface land which<br />
were purchased with the coal. The average price<br />
for the coal was somewhat less than $300 an acre.<br />
The property lies in the fifth pool of the Monongahela.<br />
"Large space pays better than small space," says<br />
a successful advertiser of 20 years' experience.<br />
"True, it costs more money, but the returns are<br />
invariably greater in proportion to the increased<br />
cost. You wouldn't expect a salesman to make<br />
sales if he didn't talk above a whisper, neither<br />
can you expect an advertisement to bring results<br />
unless it is large enough to compel attention so<br />
that he who runs may read and be convinced."<br />
— o —<br />
Down in Tennessee there is an editor who, waxing<br />
eloquent over the outlook for river improvement,<br />
opines that "when tidewater is brought to<br />
Tennessee's mines, they can be transported and<br />
marketed the world over." The best business<br />
practice of the present time restricts the transportation<br />
to the output and the stock certificates.<br />
Peddling coal mines on either boats or push carts<br />
is not considered good form.<br />
— o —<br />
A United States government engineer reports<br />
having discovered an "inexhaustible" vein of coal<br />
in the Panama canal strip ceded to this country.<br />
It was to be expected that the vein would be<br />
"inexhaustible"—they always are; but coming so<br />
quickly after the demand that the government<br />
specifications for coal for Panama be modified, the<br />
discovery looks a trifle suspicious.<br />
— o —<br />
The fakir, like the poor, we have ever with us.<br />
The latest coal plant is of English origin and<br />
warns the English people that the Standard Oil<br />
Co.. H. C. Frick and an indefinite number of other<br />
Americans are trying to gobble the British coal<br />
mines, effect a consolidation and corner the market.<br />
— o —<br />
The "Knights of Pythias of North America,<br />
South America, Europe, Asia, Africa and Australia"<br />
was incorporated recently at Washington, D.<br />
C. The reader will be permitted to do his own<br />
speculating as to the significance of this coup.<br />
— o —<br />
The controversy being waged over the state and<br />
national figures on last year's coal production<br />
serves to prove that even if figures can't lie there<br />
is nothing to prevent those who set them down<br />
from doing so.<br />
— o —<br />
At last the affairs of the Equitable seem likely<br />
to be settled on an equitable basis.<br />
The report of the Columbus & Hocking Coal &<br />
Iron Co. for the year ended March 31, 1905, shows<br />
a deficit of $39,500, compared with a surplus of<br />
$72,968 for the preceding year.