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Connellsville Weekly Courier
Connellsville Weekly Courier

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Connellsville Weekly Courier

   Weekly Courier, The (Newspaper) - December 20, 1923, Connellsville, Pennsylvania                               Authority OH Coke Trade Circulates Coke is Manufactured or Used f NO 25 PA THURSDAY MORNING DECEMBER 20 1923 SIX PAGES Prices and Prospects Review of the Connellsville Coke Trade Buying of Spot Furnace Has Not Developed According to Usual Custom Market Prices Become shade I Kasier But Hie Still Iv t air I IMPROVEMENT EXPECTED of and Steel are to Pick first Quarter V al tu Tl e V e 19 of spot coke that j develops just Christmas been absent from the tnis being disclosed bv the fact that tie spot is a shad easier this the UKh it has not re acted altogether to he thd pre jailed in the part of and the ore pait ol V hile the price is a pool one it is at any rate not the the market has seen The absence of demand for spot furnace coke at this is at- to the full made on contracts The Cour er re port last week that the time m quite a all furnace were heir g specified up to their Somet mes the furnaces without rece the tull ments but this time they have receiving all the to ce asked for Instead of expecting tbe to advance sharply o i account of ths holidays wl n-h used to bo practically a procedure are now talking of improvement in the market about the HAThS The on coke from li M 1 al Ha cue tho din na er called and district j to principal points for al aa fol ton of 2000 pounds 1 re in Columbus Detroit i fat trie Joliet lie 28 18 277 a M 277 16 3 Pi tbb UE 1 Port Henry 1 ft i OtiL 3 Heading Va B O 4 69 Richmond Vn P R R Bethlehem 3 53 3 O S -S 2 Points Export From district IF O B 2 Ba t more FOB 3 02 from d a FOB 3 FOB Statistical Summary BECliMBJCa 15 ENDING 8 1 ons DISTRICT 8 Lower Limer loUls soin 18.056 The Demand 1 MERCHANT OVENS 1 1.257 1 I SIC r SOFTER PRICES A SIGNAL COAL LEGISLATION AWAITS ENDING OF COMMITTEE HilK ill I Ri Bj Coal Commission GOV PINCHOT'S PET PLAN state Commerce Commission shou cl no jurisdiction to an order or recommendation ot the codl di islon i 2 The au should do brr it ui lawful for tin e in hi ind d of In e to un fair cs to charge un pr ces to create monopolies In or TF j strain commerce In coal or tn in practice not m in commerce which anr unreasonable d against i Interstate in coal BY-PRODUCT OUTPUT DROPPED BEHIND IN Which Operators Find It fo Heed Tear Close ith Total or More limn that of last Irar total Nas Tons or live Per Cent October LOSS GREATER ther saleH of gas slack ma be made at 75 tout tnis middle January both because pig iron and be steel markets are to pick up Thp pig ron then and because there will be more huf ices are hem Tho re u arc e dlsposItlOB on the aart ol botn coke care c coal to anticipate u e of of a st ike at the union rf arger L and possibility coal mines April 1 The ordinary asking price on spot stm must hu but or prompt furnace now they are inactive nd consumption of merchant requirements who a at a time Dec er The eon of the ra In Congress engaged the attention of both thus far no attempt has made by committees to tarte i p coal tion the of tho Cn To and publish the In to coal the mak on affecting fH To anj subject ted with the I coati ued to sag coil mdt f O o art should autior hf the of n 10 issue or Black Diamond fow its recom House on ion the public interest and foreign which b orders si ould bo handle coal legislation In tbe House issued onU for i will to be controlled bj con hearing fcj orders is tn the margin will be or condition ot In so slender as to make action at timos should be uncertain There were two tn rr can nn committee and righ boJi of the new members are order ild HP limited to as conservatives are Ir the absence of Tht report the burvey that th production of bj product i November and HIU nn w uuu tf or five per cpnt le B than Lb it n A ton part of the dpc me wa- d e to ths er Dumber of dayb In November dna lie output increased tons or 1 I truit Of 70 bj product plan now 111 ex 63 were a md five were Idle The iet the was Sll ppr of the to fix price of ical etc br total capacity of all It has become qu te that the pre Hoi dav Increase m coke nt Is to be a most ex Jv to taking fuil in s at oi part al requirements on con trin I is mam ost to the that there js o be no large iast mo aim et ng of spot in anticipi ton o a n in produc ion as a result of the I FO inconsiderable of by tbe work j preceding months verv t rs of the region b tbe This the situation as it has dp mon vs ef thp pre en jear during the past 10 here wan a total well no need to a 13 000 0 and more than production as has not double that of latt trad it waa an factor to cui b on ex land 11 j JIG absence ot a pre n ea i l the price tor spot coke at softening wh eh at lime acts at A wh eh it is prudent LO heed Ihai the tonnage gain declined irom 7 in week o jU last week in- meates tue extent to hich a tea Lion was i aad to the Kverv t clear y hai December tion main am tbe average of ibe recent weeks which bas been in ex- ass of iby tons Ills is mai h tons a December The b s the middle ot with a cer has been compared the 1 een In Tears was almost invariably coun d upon to take place in hilp t here was h JL pro at pr activity last tt an for t nd not on ions as to material v d j to the gam WRS only 1040 is f Srn inns HP T ha tj was 1 tons at and tons at merchant plants that producing it rie or o en their output to le degree feUs that il Leen d v or pro nun ed toward the of r it hns not tr n attended th is d night have occurred under ances The pr average in o at th not so much 10 prod in A a st was u rh a rn prp Christ n PTV ot o np i 1 k rdt r P af coke Si D Si ro tons cred red Production of i of and of North Dakota committee on committees refused to approve tho selection of Representative Beck of whose the radicals Tn tion or in of H and control j S ii Provisions be for appeal oC thp coal tn Stites L 1 1 At 000 net This i of 000 or 145 per put The total output of both s of coke was -i tons a de- hao bj product I Bituminous Trend plice tbe Connpl 1 f f o Wi art j t u- demanded j of als as in the case of n 144000 ions and M 00 but tbe cases m which shading and consumption of merchant the radicals Tn there will from the Federal Trade COTI f October Js possible are so numerous that pjg iron arg as nme Demo j m fb from Soorte feut there are still SOTIC on this Instead o 15 Or on should be think firm bids of would oring furnace it require an and six Democrats is tn bv out coke but thia would hardly be inj m perhaps a the past M t on in 1 igh the of anything but small and scattered to bring in anyi as a the commit and 15 cents the fair the furnaces now The market tee Mr s tn range making 53 80 to 00 as tne as followa j R bv the 423.00 radicals he radicals iride Definitely Toward Lower Production nn oo oo VOLUME SMALL LOT BUTO OF STEEL SHOWS AN INCREASE quotable market One or two additional furnace coke contracts lor have closed but are carefully prices are f o b Valley guarded from whix h the trade is to being Jl C rather disposed to assume the con cession from common asking price of 25 considerable claimed in fact that some fairly good cokes could be at 00 tor the quarter but this is not sub when qu is considered For January shipment alone it would be another matter All told some tracts are closed covering furnace coke deliveries the first quarter but at least one ot these is an old contract starting run or the pres out quarter ao that there is no pres ent in such business There Is dispute as to hoir much B quarter coke has I een done at 40 One contract ing a n ell know n is to hsue In the Senat s HP to tlu In the jp 1 irds ict of 1921 Mi introduced an 1 re creator gain in the personnel of tho ferred to the on on interstate commerce and incl ido two which handle some coal leg la of M tion although in tbe past session most of it went to the on and labor of which Senator Borah 1 I af screen mgs Tnd he i thh pn dm ms in 191 1 both md dur ng thp is of r U dnd uiber 1923 jean is fu c I 0 U U 1 6 on are Good ng of Idaho How ell of of Michigan con- ain I for Tarl Pe of Ohio an 1 ot Ke New Pig Iron Dull Holds in the President thp to fc arf anj embargo when he shall find it the public m i PO re The other de Now members of the Senate thit at 1 in production and rhs tribu ton of coil lute a ind mal ea it to export A bj R Rico also oF provides an ards of Dill of ington Bruie of intl Maj Held of Texas Democrats Of tr 1 l l i 4 1 111 000 t 0 t i -3 of thf 1 J IS 1 I 1 f O spec a 10 courtr oC Texas Democrat UL u Ot pur tj of domestic N Amer Cou f by Representative ean and Dailj Iron A- Dirand arc ot tie w U review the and expected o line ip with a same ob cct ind provides it be ft of the cr ng ron fade as follows one Ibe of steel members of the committee in lots has m mem ci of thn Senate com ed furrier in the past on md Tabor closed at It seems cert nn the improvement is not great Dalp a Republican con that the 40 price involves than u quite lent to prove that Tnd Terns of Michigan and total close 1 js m tread n market o o-l A As a matter ot fad not a grea mam tj not much o this comm are regard ract ng for deliveries over the first cd n 1 berMs there is enough to make j nils the As a matter of fact the j Moa s i or is not seeking contracts I tion havo not been od is vr u ire drafted 1 of members nf Sen to thr or tbe month md vc n as heen an of a are 1 o h np on e UTV ing not to il ip until Jao t ob jert of tho is to keep the material out nf the annual m tnu a result is to present tha of mi I of tc Ke pi f q ol enal Used m if m a df i lint i it is L thai tho il coal bv thp coke md ir Nc v pml nr ifS 000 not ol whir i 4 000 tons JD pi L ind 1 740 tons in ovens On this basis approximated 9 ppr cen of the November coal product nn is made into ng a of the of in L t e Ol b9 b per nf Lne bureau under the Inter in bv p an 1 M ue Commerce Commission with I cen m oven thi to apportion an Grage n ion of coil between tae states In C It iS lib hi i ea i uo 000 per ir d director of the receive a salary af the six ht opera ing are us ng so tha the j total of business A be done s not a shou ng without Into the market Taus far there is no orders Sign of this tJ ere are hopes M aclual there nas been nw h hand to buying of late or 1 foi a ngle month at a time It s doubtful whether there oe much more Quarter contracting First quarter pr ces have been set on several additional brands of coke commis Cor Of last three months follows odi coal and ha Employes Decrease 111 1919 13 0 li L b p emter t Lobe r N 10 00 2 OOU 3 401 OOL 3 000 1 4 000 1 000 4 1 OOJ 4 000 2 000 n res oon 06 OOf 1 om OuO 2 33 OOd 1 40000 range thn of coil convulsion s I he OL eoa leg station vas bv Pinchot ot at conferences dunns the past week with Senators Borib The average umber ot employes in September was who receiv ness is now piling up at mills Pinchot went over with the ct a toui of in a as decrease opera the outlines of his proposal 137 otal ely in the latter part of this month for federal legislation which would QOl 000 less than thit of August corresponding j increase nude for far reaching control of and these rices run of haa Norris o Ise wue 2 Ss or 14 c few rt on tbe laili ember than in j to report or the Interstate TIerpe Commission dealing with The Carregie and September coal have merged in the was tne firSt month since the first stocl pi DP 000 tons in of he year ID which railroad employ of which John A Bell of ment has shown a decrease the dom in each Is president Hrst Week of tailed to Same Trae oi TA IS Thp of ih In ed e Orological Sui s dt tiie pro of ro 1 r s t ha e defi nt i downward The tntal output n wtk ef is TOW i ed t COO uci tons me tiding mine fuel coil e d lines And local il vv Th v ppk bis w is an increase of r ton 1 it it uis iOO t tin in jh I No pr tl f of the erk lJ n d titr a dec ea P in to LIU lion with ih tor he be j 100 und 1 nOO MO tent Production tl e fit ii ng of U- was i t J iv h en has been 1 but vear 1 PI i was 30 1 OMO ind uhon it u is oo Pu The pro o beehive afier Dav jut tht wael ended DPI tuber S f u ed to sho f Jll t me flip toil output is nou to ind a flt tons an ner of 12 ODi tons over the ho div pre crd rg and il UP e is n the ended er -4 1 he w as Colorado and hei a v as deci fisr 0 T IP Pour PT on i to 381 02 The 1 dui ng 1123 to Dec M n 1 it 1 OCO nei 1 nr the voar Dcrp i brtr cc n on has been 17 1 o ions as with IT ton in 5161 ino tons In 21 r i tons ibi np tl lliS r ere i mi 3 is t c nip re i HI mcr i f of 2 ur n w ion I C 1 M Of 1 of i l rui i c no o ac i v pi n s IP e f Pows ir f -i Nell 1 2 Out I ni r f thp TC r f 1 100 tons 1 n n i MA been 10 IS o 1 uko r The Den n im g f he iv o interests and he ro nr red vv th in 1 2 here IOI w uj Total The 00 aga two partici favorite pi ices are strict Iv main and several contracts kave been closed a them While the an is now wider actual ln steel out- in mdt s rv bv a put fall belou that of November w hen In cot production w as it 37 250 Pine hot which 00 tons i wh le Tim is like n the near fut Iv to do than ain the owing iv steel 1 dee now look to a s Governor Artive three lie now ac t ve in A abama decreased coV e holds up at the ruling for being ed for rautio 13 hut ire rpi mp famine of particle b-v the fi weik during ho Irst two or three furnace quotable is fo lo The is months or tbo A e tr h n n-h ent o narn tbp 1 l d It R loulu fo the brt of ro I m in a Hi A com j i -i TT i h be m Cleveland Heights Corporation ure will con O r To Take Over Dunbar Furnace Put in Modem Plant Report 90 31 520 6 360 510 61 liS 20 s 12 100 Sj 180 1 4 i 0 11 41 3 0 149 960 05 10 134 420 ig 3 Production bv stat he as follow s ast A r i er i ami Wash and I Slight Increase work of razing the old stacks is is some open to run tn order to ont production for slack The slack in all there was am itself refuses to the advance price the market Is now for as i result of the end fiTner and the present outlook ic thit of the lake It worked tike care of np to 51 5 but hi the Pic is dull In nil market but the has been ho dint up 01 a year a two half in unite he courts order to Commence Commission BOOH exit Improvements ii when coa rates j the present of coa cars or repula small with one open an 1 the efforts of tions ot affecting the COA modern are thin hoth the present bu otherwise no within the next tie new larger and that attorney of the to the e tlie obb rue t on has ely advanced holding Ha well carriers e The be in operation In Unemployment A ri IE hp nun or persons in tie United S on e 3 com pared with thp ne month previous is r T e records o 1428 large employ nc the decrease WELS OTe halr ot one tent In seven P In ob i L non an 1 t t icrs w ere slight In the month Redii lit w inp fort w erf n etl ii i w iar and i mi of au L Ahead of Tie 1 d n t e ndf i V in ic 1 h r o er J Ir r t co t to i u i i i coil d i IP In 10 co re T 286 ton O not i HL uid il irgo coal H he   

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