COAL - Clpdigital.org
COAL - Clpdigital.org
COAL - Clpdigital.org
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-Iii<br />
It is announced that Chief Roderick, of the department<br />
of mines, is in favor of an amendment<br />
to the miners' certificate law that will make the<br />
members of the miners' examining boards employes<br />
of the state, paid for their services instead<br />
of receiving a fee from each certificate issued, as<br />
is the case at present. It is believed that by this<br />
method the temptation to issue certificates for the<br />
sake of fees would be eliminated, and as the certificates<br />
would be issued by the state and with the<br />
state seal attached, there would be less liability of<br />
their being counterfeited. This method would also<br />
make somebody responsible for the issuance of the<br />
certificates.<br />
The Pennsylvania Coal & Coke Co., a Pennsyl<br />
vania corporation, operating mines in Blair, Cambria<br />
and Indiana counties, has filed a bill in equity<br />
asking the court to restrain the Pennsylvania Coal<br />
& Coke Co., of Pittsburgh, a corporation of the<br />
District of Columbia, from using its name. It is<br />
set forth that the defendant company has issued<br />
a circular to the public which, it is averred, was<br />
done for the purpose of attracting buyers for its<br />
capital and advertising its business, wherein it<br />
refers to itself as "The Pennsylvania Coal & Coke<br />
Co." An injunction is asked restraining the defendant<br />
from using the plaintiff's name.<br />
It is expected that the Truesdale breaker of the<br />
D., L. & W. will be completed about the middle<br />
of July. This new breaker will have a normal<br />
capacitv of l.uOO tons a day, and under pressure<br />
will be able to handle 5.000 tons, which is probably<br />
a greater capacity than that of any other<br />
breaker in the anthracite region. It is located<br />
below Wilkesbarre, on a 5,000-acre tract of undeveloped<br />
coal land, and is probably the first of two<br />
or three breakers to be erected on the property.<br />
It is announced that eastern capitalists who<br />
about a year ago purchased 2,000 acres of coal<br />
land at Manitou. Ky., a point on the Providence<br />
branch of the Louisville & Nashville railroad about<br />
six miles west of Madisonville, are preparing to<br />
develop their holdings at an early date. It is<br />
planned to open a mine that will be one of the<br />
largest producers in that part of the state.<br />
The formal <strong>org</strong>anization of the Consolidated Indiana<br />
Coal Co., formed recently by Rock Island-<br />
Frisco interests, with a capital of $4,t/.„,00li. has<br />
been completed with Robert Mather, president;<br />
Carl Scholz, vice-president; G. H. Crosly, secretary<br />
and treasurer; H. G. Rhodes, general sales<br />
manager, and H. S. Mikesell, general auditor.<br />
THE <strong>COAL</strong> TRADE BULLETIN.<br />
The Bessemer Coal Iron & Land Co., of birming-<br />
ham, Ala., has purchased the holdings of the<br />
Windrock Coal & Coke Co., consisting of some<br />
2.500 acres of land near Windrock, Anderson<br />
county, Tenn. Mines with a daily output of about<br />
1,000 tons are in operation on the property, which<br />
is located on the Cow Creek branch of the Louis<br />
ville & Nashville railroad.<br />
The statement of operations of the Alabama<br />
Consolidated Coal Co., made at the meeting of<br />
directors in New York, showed net earnings for<br />
the six months ending April 30, 1905, of $336,743.<br />
Alter setting aside all fixed charges and dividends<br />
on the preferred stock these figures indicate net<br />
earnings at the rate of about 20 per cent, on the<br />
common stock.<br />
De§ds were executed at Charleston, W. Va., re<br />
cently liy which the Forks Coal Co. came into<br />
possession of 11,012 acres of coal land, the greater<br />
part of which is located in Kanawha county. In<br />
addition, the company has secured mineral rights<br />
to 1,801 acres in the same district.<br />
Announcement is made of the appointment of<br />
Hunter W. Fincn & Co.. Chicago, and the Powhatan<br />
Coal Co., Toledo, O.. as sales agents of the<br />
Pittsburgh-Buffalo Co. in the territory east of Chicago<br />
and west of a line running north and south<br />
through Columbus, Ohio.<br />
Near Bellaire, O, on June 8, a miscreant exploded<br />
a stick of dynamite under a hoisting en<br />
gine at the new steel tipple of the Youghiogheny<br />
& Ohio Coal Co., completely obliterating the tipple<br />
and destroying much adjacent property.<br />
Welsh Miners Dissatisfied.<br />
The figures in the British national budget statement<br />
in regard to the coal tax are unsatisfactory<br />
to the Welsh miners. In 1904 the Bristol channel<br />
ports paid nearly $5,000,000 in coal tax. This<br />
duty has already driven Swansea, Llanelly and<br />
Port Talbot coal from several of the French markets.<br />
The exports from Cardiff and Newport,<br />
though not showing an actual decrease, have<br />
grown at a far slower pace than they did before<br />
the imposition of the tax, and where Wales has<br />
lost, Germany has gained. This is one of the<br />
penalties of the Boer war, and it was thought that<br />
the duty would be removed or modified this year—<br />
hence the disappointment. The coal trade of the<br />
country has been fairly satisfactory for some<br />
time, but it could have been, owing to the superior<br />
quality of the semi-bituminous coal, far<br />
better had it not been handicapped by what is<br />
regarded as the unfair shilling per ton duty.