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i STEAM COAL - Clpdigital.org

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THE <strong>COAL</strong> TRADE BULLETIN. 15<br />

INDUSTRIAL NOTES. 2<br />

A compendium of coal mining machinery, well<br />

worth careful perusal, is the No. 52 catalogue just<br />

issued by the Ingersoll-Sergeant Drill Co., of New<br />

York. It contains 136 pages filled with information<br />

and illustrations of such an exceptionally<br />

practical nature that it will be found useful for<br />

reference if for nothing else. The various air<br />

compressors, coal cutteis, drills and other mining<br />

equipment and appurtenances manufactured by<br />

the Ingersoll-Sergeant company are described in<br />

detail, and with accompanying instructions and<br />

suggestions which will be appreciated by patrons.<br />

Pneumatic haulage is also treated at considerable<br />

length. The neatness of the typography and the<br />

quality of the illustrations, coupled with the large<br />

amount of succinct information provided on mining<br />

machinery in general, makes the catalogue<br />

particularly attractive. O O O<br />

The Municipal Record is the latest addition to<br />

Pittsburgh journalism. It is a weekly publication<br />

devoted to banking, real estate, building and<br />

municipal affairs. It is issued in tabloid form<br />

and the typography is exceptionally neat. It is<br />

published by the Municipal Record Co., whose<br />

offices are in the House building. The staff is<br />

composed of Paul W. Hyde, editor; Edward Allen,<br />

associate editor, and H. L. Stockbridge. business<br />

manager.<br />

TENNESSEE <strong>COAL</strong> AND IRON STATEMENT.<br />

The accompanying" statement of earnings from<br />

January 1 to September 30, 1904, has been issued<br />

by the Tennessee Coal, Iron & Railroad Co. The<br />

net earnings during this period amounted to $1,-<br />

191,075. Interest and other charges amounted to<br />

$584,171, leaving a balance of $606,904. Out of<br />

this sum $211,635 was appropriated for improvements<br />

and depreciation and $14,440 went to pay<br />

the dividends on the preferred stock. The remaining<br />

surplus amounted to $380,829. The general<br />

balance sheet of September 30, 1904, is:<br />

RESOURCES.<br />

Land account $26,084,837<br />

Plant account 10,000,783<br />

Deferred charges to operations 31,894<br />

Investments (proprietary land cost)... 292,638<br />

Trustees of sinking funds 52,940<br />

Treasury securities 638,000<br />

Cash 429,430<br />

Bills receivable 207,923<br />

Accounts receivable 1,113,345<br />

Inventory of products and supplies on<br />

hand 1,419,836<br />

Total $40,271,625<br />

LIABILITIES.<br />

Common stock $22,552,800<br />

Preferred 248,300<br />

Bonded debt 12,927,000<br />

Guaranteed pf. stock Ala. Steel & Ship<br />

Bldg. Co 440,000<br />

Reserve funds 243,459<br />

Bulletin A, describing the novel coal and ashes Depreciation funds 214,191<br />

distribution system of the Scioto Valley Traction Bills payable 825,000<br />

Co.'s power plant at Reese's Station, Ohio, is the Accrued interest and unpresented coup. 215.416<br />

first of a numlier of special illustrated brochures Audited vouchers, pay rolls and current<br />

to be issued by the Jeffrey Manufacturing Co. A accounts payable 490.469<br />

complete detailed description of the machinery Profit and loss, 1904 380,829<br />

used and the method of operation, together with<br />

numerous illustrations makes the brochure par­<br />

Surplus priod to 1904 1,734,162<br />

ticularly attractive.<br />

Total $40,271,625<br />

Air Power is the name of a periodical pamphlet,<br />

the first number of which has just been issued by Large deposits of coal have been discovered in<br />

the Rand Drill Co. It is to appear quarterly and the state of Santa Catharina, Brazil. The field<br />

in addition to keeping the company's friends and is said to extend over a length of more than 400<br />

patrons posted on what it is doing will contain miles, and the coal is reported to be of a very good<br />

articles and matter of particular interest to users quality. Keen interest is taken in this discovery<br />

of compressed air. It is neatly and tastefully<br />

gotten up and well illustrated.<br />

in Rio de Janeiro, which city imports every year<br />

over 1,000,000 tons of coal from England. A railroad<br />

is to be constructed to the port oi Massiambu,<br />

to connect with the coal field.<br />

A very neat calendar of convenient size for office<br />

use is that issued by the Watt Mining Car Wheel<br />

Co. It bears a number of handsome illustrations The Lehigh Coal & Navigation Co. has placed<br />

of river and railroad mining plants and sections of m operation at its No. 10 mine the largest and<br />

plants, as well as the pictures of different types most modern breaker in the world. The plant has<br />

of cars equipped with Watt wheels.<br />

a capacity of 1,500 tons per day.

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