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Newspaper Page Text
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" HOW LONG WILL OU;COALrAST?
Special Dispatches to The Day Book fronv Great Coal Centers
Tell the Stojy. ' ,'
How long can' American man
ufacturing and transportation
stand a strike of hard and soft
, That is the great industrial
Question today, east of the Rock
ies. i Hard and soft coal operators
say they have smaller stocks of
coal than ever before at this time
of year. They blarhe the extreme
cold and Idng winter.
i It has been baTely possible 'for
them to keep up with the de
mand, and very little coal .has
been added to the surplus piles at
the mines and at storage points.
Miners say the small piles are
an indication that operators will
have to give in or the .nation's
coal bucket will be empty, and an
empty national bucket means a
coaPfamine and a vast industrial
Big corporations, railroads,
and all heavy users of coal
throughout the , territory con
trolled by union mine workers,
have prepared for a suspension of
work at the mines, hut even at
that, dispatches to The Day
Book, received from correspond
ents in the coal centers, indicate
that there are few concerns who
will have more than a 90 days'
stock ahead, after April 1. A
good many of' the smaller con
cerns "haye scarcely two weeks'
Reports below show' how va
rious coal.centers stand:
1 Chicago All the big concerns
here at Chicago Have made de's
perate effqrts to .fill their coal
buckets,, .The Common Wealth
Edison Cp. using 3,000 tons a
day, has' enough' to last 60 days,
after April first. The Otis Eleva
tor Co. are likewise fjxed.
The Burlington 'railroad has
bought 4,000 cars of eastern coal.
The Chicago, Milwaukee & St.
Paul' bought up 1,800 cars. All
other railroad's entering Chicago
have stored thousands of cars,"
but in no 'instance has a single
road got . enough coal 'to last it
through three' months at the out
side. 'Retail prices have not advanced
so far, but the usual spring dis
counts will not be offered..
New York Dealers are pay
ing froni 50 cents to a dollar a ton
premium for -immediate ship
ment. All hut regular customers
are being refused. On account of
the (English strike, many ocean
steamships are buying coal here
for both going and coming trips.
The New York Central have
bought several thousand cars.
The textile mills of New Eng
land, The American Locomotive
Co., The General Electric Co.,
and Xhe International Paper Co.,
are all being hit hard. by the lack