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56 IHE COAL TRADE BULLETIN. r-CLYDE COAL COMPANY, 1 MINERS AND SHIPPERS OF CELEBRATED CLYDE COAL SHIPMENTS BY RIVER STEAMERS "CLYDE" AND "ELEANOR." CLYDE MINE, FREDERIC KTOWN, PA, DAILY CAPACITY OF MINES 3,000 TONS. GENERAL OFFICES: CONESTOGA BUILDING, PITTSBURGH PA. J. H. SANFORD, GENERAL MANAGER. BELL PHONE, 2S17 COURT. P. A A. PHONE, 2125 MAIN.
COAL TRADE BULLETIN^ Vol. XII. PITTSBURGH, PA., MARCH 15, 1905. No. 8. THE COAL TRADE BULLETIN; PUBLISHED TWICE A MONTH. Copyrighted by THE COAL TRADE COMPANV, 1904 A. R. HAMILTON, Proprietor and Publisher, H. J. STRAUB, Managing Editor. SUBSCRIPTION, - - - - $2.00 A YEAR. Correspondence and communications upon all matters relating to coal or coal production are invited. All communications and remittances to THK COAL TRADK COMPANY. 926-930 PARK BUILDING, PITTSBURGH, PA. Long Distance Telephone 250 Grant. [Entered at the Post Office at Pittsburgh, Pa., as Second Class Mail Matter.] THE PRACTICAL PROFIT-SHARING PLAN AND EMPLOYES' INSURANCE AND PEN SIONS, AS PRESENTED IN AN ADDRESS DELIVERED BY COMPTROLLER J. B. L. HORNBERGER, OF THE PITTSBURGH COAL CO., BEFORE THE EQUALITY CLUB, OF BUFFALO. The subject on which I am to speak this evening may now he said to be a broad one; that this is the case is one of the most hopeful and encouraging signs of the times. A comparatively few years ago profit sharing in any form, employes' insurance and pensions were so exceptional that the history of what had been done and what was being done, could be covered in a small volume or told in a short speech; it is not so to-day. Many and varied form of practical profit sharing have been put into successful operation; in large railway, industrial and mercantile companies relief departments may be said to be the rule rather than the exception, and while machinery for the accumulation and distribution of pension funds has not been so generally set up there are notable organizations of this kind also, such as the pension funds of the Pennsylvania, Baltimore & Ohio and Philadelphia & Reading railroads, and others. including that of the Pittsburgh Coal Co. I am not prepared to speak at length on this subject in a broad and general way. I believe I made clear to your president, at the time of accepting his kind invitation to address you, that my remarks would be confined, more or less, to what has been done by the Pittsburgh Coal Co. in co-operation with its employes along the lines of practical profit sharing, insurance and pensions. It will not be amiss at this time to tell those present who may not be fully informed concerning the Pittsburgh Coal Co. that it is the largest coal producing corporation in the world, with assets valued at upwards of $100,000,000, embracing 160,000 acres of Pittsburgh gas and steam coals and Southwestern Connellsville district coking coal, in addition to controlling interest in 40,000 acres of the same class of coals of the Monongahela River Consolidated Coal & Coke Co., 13S operating mines, 600 coke ovens, 4,000 miners' houses, 30 miles of operating railroads in the Pittsburgh district, 6.000 modern railroad coal cars and 1,000 of the same leased, docks and modern coal unloading machinery, owred or leased. at Cleveland, Ashtabula, Fairport and Erie, fueling docks at Sandwich and Amherstburg, Ontario, Detroit and Sault Ste. Marie, Mich., and storage and re-shipping docks at Chicago, Waukegan, Milwaukee, Sheboygan, Ashland. Escanaba, Manitowoc, Gladstone, Superior and Duluth, also controlling interest, through stock ownership, in 80 steamboats, 4,000 coal boats and barges, ship yards and landings on the Monongahela, Ohio and Mississippi rivers, and storage and distributing yards at Cincinnati, Louisville, Memphis, Vicksburg, Baton Rouge and New Orleans. It has, since its organization, distributed $11,164,963.79 in dividends and has left a balance, of earnings undivided, of $4,221,613.51, together with a renewal fund of $1,938,319.93, in addition to which the Monongahela River Consolidated Coal & Coke Co. has distributed $2,900,000.00 in dividends and has a balance of $1,700,000.00 earnings undivided. It has 8,400 acres of the best coal lands in fee and 3,000 acres of the same under lease in the Hocking district of Ohio in which there are six mines in operation with an
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Commendable altruism was shown by t
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The King Knob Coal Co. has been inc
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Colonist Tickets to the West and No
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RAILROAD TRAFFIC FROM THE COAL TRAD
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The railways of this country are ch
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the public pay for coal if governme
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putting in the holes preparatory to
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PITTSBURGH COAL CO. GETS LARGEST CO
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ANTHRACITE MINERS DIVIDED ON THE EI
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Bulletin 53-A, describing the vario
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w ' » ) E. E. WALLING, GEN-L SALES
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TEXT OF THE NEW WAGE AGREEMENT FOR
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The color line shall not be a bar t
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UNITED STATES SUPREME COURT DECIDES
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OFFICIAL ANNOUNCEMENT OF THE HECLA
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INTERNATIONAL STEAM PUMP CO. NAMES
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Edward Zollinger has engaged in the
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dom to the common weal, to be of th
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PROGRESS OF MACHINE MINED COAL, 189
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y the use of vile language and oppr
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