Weekly Courier, The (Newspaper) - June 21, 1923, Connellsville, Pennsylvania Authority on Coke Trade Circulates Wherever Cote Is Manufactured or Used VOL 45 NO 51 PA THURSDAY 21 1923 SIX PAGES Prices and Prospects Contracting for Third Quarter Furnace Coke Now Practically Ended Review of the Connellsville Coke Trade Statistical DISTRICT lasted a Time But In- Smaller Tonnage Than Was Expected RANGE WAS Uncovered Consumers are likely to Boy From Spot Prices Foundry In Demand Coal to The Courier j June trading movement in third quarter- is now practically ed In point of time the movement wu ol much longer duration that In second quarter coke while in I point of quantity It Involved a con- less tonnage Another in line with the first ference Is that tho trond ol prices downward tils while the it was Incidentally It is to be that the trade is not as well i ed this as the time ing the individual transactions eluding tonnage and price The man have been secretive asj to the details of their sales and buyers have not been iny more com- j The scope isj and the successive done but no detailed analysis with I tonnage can he made the tions at the various One generalization can be made that wiles at above and below exceptional were one or STat the beginning at to the lake movement I t i k v one or two become somewhat congested so The buyers made mistake of paying too much just as FREIGHT HATES The rates oa coke from the includes what JS officially known as ths region sometimes called the basin dis- and the villo district often called the Klondike and sometimes the district to principal points Cor shipment are as lows of 2.000 pounds effective July 1 Destination Rate Baltimore Buffalo 3.28 Canton 2.52 Chicago 4.11 Cleveland 2.7 Columbua 2.7 Detroit E St Louis Erie 2.77 Jollet Louisville 4.10 Milwaukee 4.79 New York 4.7 J Philadelphia 3.53 1.51 Port Henry X Part Out -S Reading Va B Richmond Va P K 4.70 South Bethlehem 3.63 3.53 Toledo O 3.28 Wheeling 2.27 Valley 2.27 For Export From Philadelphia F O B sels Baltimore K O B vessels 3.02 From Philadelphia F O B sels 3.33 Baltimore IF O B vessels 3 33 Loner Totals I Ovens i WEEK 16 1923 Out WEEK 1923 In Tons Ovens In Out Tons FURNACE OVENS toner Totals MERCHANT OVENS Lower Totals 11.216 11.186 j 498 Fair Play for Industry Is Vital Need Coal Operators Told at Notable Gathering Closer Co-Operation Stressed at Dinner to 250 at Summit RAILWAY MEN Fair play for industry might be termed the running through a series of addresses at the most gathering its kind in tho history of county Thursday night when 250 coal and coke j tors of Western and West Virginia assembled ai j Of Bituminous that 1C we t re not molested we I will give it j to ths coal and business Mr said he that during last 10 or 12 years it had been as handled and as well as any in the country Operations of the Bituminous Op- serial Commit tee was de- tailed by of thai com- i J C of j county to tne enactment of the of mg ine i irt finding legislation and th OUTPUT OF CAPACITY GAIN IN BY-PRODUCT COKE 3.8 PER CENT IN MONTH OF MAY Total Tons nn Increase of Over April Second Gain Since the tion Due to Memorial Day Observance FURNACE PLANTS LEAD Fire Up SO Additional Ovens and In- crease Output Tons ants Only Subtly tar Keeps Above 100 Per Cent did one or two buyers contracted late in February or in nant and the situation IB attracting j lions of the railroads who were mJt Hotel for a dinner and discussion made possible because off gested sol Of problems confronting U tne National Cosl and Tne report ot the United shippers are not buying as was voiced by the speakers in behalf representing moM than 90 per cent Stati Survey shows that freely as two or three weeks ago j ot the industry and the le j of the production of by-product coke In May Jhe pig iron market continues message was carried by j union and net tons an increase union and and tons or 3 8 per cent over members of the National Coat he April output This gala was In the case of dut to the greater number oC industry which in- effect was ins days and partly to an increase to indicted before tia public by the average legislation up the fft coke of the capacity of plants Sermon of jin existence The total count of plants co u it f el in c run try orf in: ration af its own thp presentation of the and glared as by Mr rcf to the of hr> union in and bv union in its case oC It Apparently the course of coke duction is toward the mark or at least a close approach thereto Following the restoration of the rate of the week preceding Day last week's production advanced the total well toward the regional total which ruled during the latter part of April and the first in May The increase of 6 tons last week swelled the total to tons which is within tons of the output of the week of April 14 about which time the easing In demand made necessary a slowing down at the merchant plants Differing from week ended June 9 when the furnace ovens shoved a falling off in production as compared with the merchants which made a gam last week's to the output was quite evenly divided beraeen the interests the having been tons at and at merchant plants Inasmuch firing up of 50 additional confined ly to plants of the H C Prick Coke Company the larger production re- from the belter average ning time at the merchant plants when they for third quarter j attention seeing that it is EO to the conference at at the the general near the third quarter Cor which little i Eighty-seven per of the movement la second quarter As to business has been done in this produced in Western Pennsylvania iHT sales at less thaa district The southern furnaces i and 90 per cent of coal In the all insist that the coke sold UP for third and the j district represented in W not standard and will not have a fair volume gathering la which the aa pig as hut the Western of the western part of the and Valley furnaces do not State and many from WfSi a great deal more tonnage on Men n tbe the of probability books coal and coke and in the average of all the On small lot sales Bessemer iron of the country we made up to date for quarter is is off 50 cents in the week Basic as tn not more thatt a cents away from iron is offered by middle interests in The for second various sized tonnages at ThiB te to Iis nominal asking price of there a of vital in- No be made furnaces yet it does not interest to the total amount of contracting buyers who indeed are making no is made bods at all Foundry and malleable now fip two formerly reported and been consolidated done though that would run as low is tons and brought to coal and Coke operators there a terest to the Industry Two members the Operators Special committee are off 51 a small with chan ton merely on the coal industry s cea that oa a foro the United Coal Com- in of publicity Or the dream of world in industry o John L I owls trip to and Of 63 active and sU idle j The production of beehive coke also in May The output saw net ions as compared with tons in April Thus the Lai output oE all coke was I tons ot which by-product coke con- 61.5 cent and beehive 1 coke 15.5 per j The monthly average production of roke during the six years preceding tne oast three months of 1923 at ANOTHER BUYING MW PREDICTS While a few still a weekly lay-off day and still fewer observe two the region as a whole is keeping closer to a full time schedule than tor weeks past Tins condition has been brought out by what regarded as a more state of the and the 1 generally shared opinion that tha months will develop less than the usual seasonal falling oft in The closing third ter contracts has had a to remoTe the element of uncertainty from the price situation standing the volume of tonnage for wbich commitments have been made are rather smaller than was ed This will leave a spot market of greater absorptive capacity with the possibility may prove more attractive or more able than contract particularly as the quarter begins to wane and for the fourth quarter begin to be entered upon If there were necessity for speeding up production to what would be more nearly the present capacity of the re- gion the operators would no doubt find it easy to do so The car supply i which until recently has been a rent to both regular and large 1 duction IK no longer a source ot 1 trouble complaint and un- less it be the regret which arises 1 not having orders of such size as will permit all the available cars j being loaded Distribution to be in excess of 100 per cent for both coal and coke shipments Rare 35 day now when the dis- fails as low as 100 per cent Lart week the average was 110 for coke and 103 for coal This week were 111 per cant coke 123 coal on Monday coke and 120 coal on Tuesday and 124 coke and 113 coal Wednesday The estimated production of during the week ended Saturday June 16 was tons the two districts as f Con- the cor sumption s likely to be less as consumption will be Bessemer heavy in the third qu rter as it averaged in the now ending j Malleable i territory were nn the One or two furnaces gone and others are talking of going pig iron soon becomes much more saleable than it is at the ment Consumers who hare not covered for third quarter are likely to buy from month to though there is j a bare possibility they may depend I on the spot market It is traditional j for the spot market tc advance just before Independence Day and having this in mind may decide It is safer to buy for ths month The spot market is not quotably changed Thus far tils week U has been dull but there has been no standard coke pressing the market though is plenty of program during the evening The conference was held inder the 529.00 of the Coal These prices are f o b Valley Producers Association and of thp mands th it f an mad hp 1 Union beehive ovens was as s in nft tons and exclusive of and i rh freight to than MORE BITUMINOUS COAL BEING MINED BEEHIVE COKE GAIN being j was represented by j score of coal and coke men j Because of the many problems confronting them the vital need of operators organizing was stressed Calling attention to a quotation on the front of the program reading Industry is best nurtured by the milk of human T cerned with W Gutnrie president of the Killman foal be taade i of lhat find jf.o He thp of the I three m embers being non- union three m ambers and the seventh be Ins with tions divided between he un- ion and thr fields operator is con the to the D Battle traffic 2.54 O P fi 9.000 The consumed in the ture of coke in May is estimated at net tons of which tons were used JQ by-product ovens and j tons in beehive ovens The table below presents for comparison the average monthly consumption of is LI miti S Coke Company the first ot for during the past Former Bate bearing Tons i speaker indicated that there Is not replying an made a few i s a yield in anything like an oversupply of the i before by d railroad repre aforementioned milk for the coal In- tha the man need not I j Total for May Tons An Increase of 8 Per Cent Preliminary estimates of soft coal dustry and declared that it behooves produced in the week ended June 9 j operators to look after their interests Indicates a total including coal coked j by action chantable of 69.6 per cent of charged In by-product and 1917 lignite and mine fuel of j net tons an increase of tons medium this goin very substantial estimate for the Spot foundry coke has d shown no new The best ri grades are generally bringing 56.00 i Survey or 36 25 with paici in cases that Early returns on car loadings may be regarded as exceptional while week of June Indicate ordinary brands standard j a slight increase in the rate of can be had down to The market I auction and a probable total output as a whole is s Spot furnace Contract furnace the week Estimates based on railroad ments place the total output of soft coke MW Including and or shipment is of very coal coked the mines Je As third Jons an cent erate ter contracts consumers in the east over the April production and a de- tavo been taWnS hold to an while consumers are Ing no interest to buy in the spot markut or for periods There was a moderate tive production to May 31 was tons Production of beehive coke in of contracting for the week ended June 9 was restored to I the Day rate On the basis of the number of cars loaded on the principal coke carrying railroads the total output is estimated at 000 net tons The recovery is shown principally in the figures for the and West Virginia districts According to The Courier production in the Connellsville region increased from 293.330 to 295.640 tons Pi eduction by states compared with the corresponding week of 1922 was as Quarter and with he declining spot market these did not urn out very for the Buyers who are now committing to ft policy of avoiding A ot operators named third contract prices one of these seiag while another is The Pittsburg coal market bas turned easier afte r its recent which was of very brief Steam mine-run in the spot is back to a of 52.00 to 52.10 with predictions That if demand j Joes not improve 52.00 be shaded a considerable margin Best product coal Is quotable at around i 2.35 though there some higher prices which may fce paid Some coal Is joins In spot lets well under i The softening in steam coal is I 341 ono and Ohio Virginia Kentucky and Virginia Colorado and Xew Mexico Washington and Utah S 23.000 The Industry has reached the Mr Guthrie said where in- dividual effort has met its tions Now must come joint effort If we are secure the attention we deserve U must bo by cooperative action There never was a time in the the consumer has to pay smt in rid ot his The must be Mr Battle said because the t operator for j In after the coal mine Generally he the con- J 1923 sumer figures that the operator gets i per cent in beehive ovens it all A car shortage forecast by G in September was transportation of Mr Guthrie said when there was the I tho Baltimore Railroad The necessity for harmony of action i supply should be souti during July 000 706.000 tory ol the coal and coke among the operators that exists j and August he said and he also gave day It Is hardly necessary to assurance that there is little he went on that we have the labor j hood of acute scarcity of cars that situation The local branch of the Progressive Miners Union is active he said and consequently the The coal industry and the had teen the experience oE tile re- cent years Opposing Syndicalism Laws of the States The American Civil Liberties Union and various affiliated labor ator cannot allow himself to stand idly by must take counsel and stand lie declared or we will be overcome He referred to legislation aimed at industry saying no less than 40 bills inimical to it were before the Legislature in the closed Mr Gurhrie he had no criticism to make of the efforts of the labor interests but that in the face of facts the operators tions are carrying on a determined movement in nearly every state of the country against so-called criminal were characterized I syndicalism laws Harry Ward of by Mr as gold dust j New York president of the union twins Forty per cent of the i declared in a free and right road tonnage he said is coal and j of public assembly meeting at coke on the Ohio Pittsburg recently road the 3 50 Many of those who attended the eight per cent the coal is used j meeting were delegates to by the railroads he added j Miners international com- The arc endeavoring to which held a two days con- keep abreast of the times Mr Curren ference j said They should he declared spend Taking Freely More Rumors of Price Production Off to YORK ican Metal Market and Iron Steel Report will review the steel and iron trade tomorrow as Consumers of steel products are taking their deliveries so well tbat some steel sellers are now predicting another buying movement to after midsummer All finish steel products are now dull commitments of any consequence be- ing exceptional Specifications en fairly heavy and are being furnished lo mills on limp but not of time as was capo early in There are few cancellations postponements ID connection old orders and the of si not sufficient to have market ence The familiar rumors of price ting have been appearing Some of the are found to be tions Others are correct but have no market significance about 15 per cent of the nage is sold at concessions the ket is affected All the rumors o concessions added together but a email fraction of 15 per cent the remaining sales being at full prices Tf concessions were really these purchases would not be made Production of iteel has been ing off somewhat on account of weather conditions and this be felt more as the weeks In addition some mills ill close for ths first week or two of July so that altogether buyers are not to be asked to as heavy shipments as formerly and important support is thus given to the general Buyers of all commodities In very conservative mood and the fact that they deliveries nevertheless good testimony to vitality of the consumption Pig iron continues extremely dull and there is a little disposition lot merchant to blow cut in of tir total of 6.760 Lone as compared a net j increase of tons during the pre- ceding week j By interests the production Furnace a gain of tons merchant a gain of tons as with a loss of a gain of tons respectively during the week ended June 9 i The SO newly fired ovens were at Frick plants as Bitner 10 four Central and jeon one each Collier IS No 2 11 Mammoth 10 Shoaf 22 United three Production by the two interests and the total compared with the week in 1922 IE shown 13 3 SI 125.470 SSO IS 112.321 June SSO June P 133 600 June 16 115.030 Jan j Jan Feb i Feb i Mar i I m Mav 25 132.970 133.650 135.190 144.110 157.500 161 430 163.710 165 171 176.340 177.640 1S1.060 330 170.400 183.350 350 1 5.400 TotHL 217 850 226.360 345 244.100 266.360 261.070 285150 290.210 297 302 306.200 297.720 233 302.400 1923 88 915 30.350 SO 195 91.620 102.590 112710 125960 124028 134.415 810 64980 57 48 470 must be prepared to defend a In improvements selves and this he emphasized can to do this They making a mighty Engineers Add to Bank Purchases best be done by more efficient effort the demands made operation on them and will succeed he Discussing the problems of the j sied iC not unfairly hampered railroads H C Cleavenger coal Talking of Baltimore Ohio The Brotherhood of Locomotive freight agent of the Pennsylvania menu Mr Curren said the company Engineers has purchased a Railroad expressed the belief that if now owns cars an increase offing interest in the Federated Bank the carriers are left alone to work 1100 per cent 1910 Trust Company of Birmingham Ala out their problems without so much Throughout the discussions was proposes to make it the central interference they will be able to turn i an emphasis upon the trend for banking headquarters of a system to the trick of giving first-class service i lation and invest gation in all lines j De established throughout the Rates fo Charges on coke In loads from various in United States destined Cananea hare beer by Mio not fo be unreasonable p result the complaint of the Copper has been to the public in every Hue I want i industry particularly the coa you to believe with us that new i dustry and the railroads is no more the George president of tha road's for lie said What i -ene Coal Producers we all want is service and I feel con- Continued Pass Three in- i bank was organized among j the labor unions of Birmingham mg tne last year with a capital of i Operations have been er- successful Attack foal The Northwest Coal Operators has filed s brief with the Interstate at- Sacking the reasonableness nf the freight rates on coal from th head of Lake Superior to interior P R R to Pav An agreement to pay into the ury has been made by the Pennsylvania railroad as a final between the railroad and the government of all accounts arising out of the federal control Law Mine Foremen Testa Governor has approved th's for ths appointment of a of to examine for certificates of as mine mine foremen and fire in bituminous coal mines The new law provides that uprm petition of the mine inspector ot district court of common pleas in any county in the district shall point an examining Board of three persons consisting of a mine tor a miner and an operator or all of bs citizens of the state The miner raust had at least 10 years ence in the bituminous mines of tbs state and be in practice as a minar Applicants for certificates of qualification as mine foremen and assistant mine foremen shall be zens of United af least 23 years of age and shall have had at least five years experience as miners or mining engineers or men of work Inside the mines Applicants for fire bosses cates must Lave had five years ex- also as or men ot in bituminous mines that generate explosive gas A fee 52 is to be paid by all applicants and each successful applicant must pay an additional fee of 53 before ing a
