Deseret Evening News | 1899-03-10 | Page 3 | Evening Edition, Anthracite Coal Deal

AMTIIIICllr toll IICAL Will Klreel lilolir In Hili figuring and 110 o lnNrh IIrooll New York Man h > The Time oalI Urowlng ralth In the anthracite coal 1 deal brought nlml much commUlon Iniua buying or Ihe group Tho return re-turn or J I Morgan ropon that Mr Morgan haa ncrclwd hi option on the Tucker male or Uhlgh Valley pluck and o IHve nirrtloni or well Informed lhal the atilhrai coal deal li no long r n n hUI I II furl were Iho bull j lnii cm Ihe Pharrp Thu eiercliN 1 or Mr I Morgana opilon on Uhlgh Valley give 1 him complete control con-trol of Iho pruiirriy It 1 li I the Intimation Intima-tion In high quarter thai Ihl li I n long Plep In the plan ror the itabllhmeni or very cloeo relallonhlp between the lleudlng Iho Jerp < y Central and Ihe tehluh Valle t a plan which Mr Mor Ilion I-lion h 11I wllh nurolnl tr u long time pail II I l Ileved lhal IhU mean lhat Ihe Jcrey Central will income n Moigan iiroptrlir nnd 1 will hereafter bo controlled by Mr Morgan jul u Itiadliig I and lxhl h Valley are now controll d I Wall trc ha I recently done much figuring n1 I al 1 ulatlng on Hie benefit which Ihe pcvrul coal earning com punle aro li pecurn through Ihe new anthracite ilonl 1 II I epilmutod by eoal trude uuthorltlii lhal through Ihe gen crnl 1 agreiment atxiul foriy cenl a Ion will ho I paved I In the prixlucllim nnd markiilng or coal I Ilwn Ihe bail ot n Muiooa Ion output annually thli IIan 1OIOIOC nuIII Jr1I rr Ih nl Thl III C u l nIl Ih7m in Iho ratio of their Ir cvlilago or Ib oulpul lleudlng pruduiip about i i > cr cent which mean a laving ror that com tMiny or niiro than IIIMOOOI annually I I Uhlkh Valley i p n outage U roughly ppeaklng In and Jerny Crnlrnl IIS A nn Int in f uhal Ihl economy nAn lo Hi 1 lompnlilr tlm Ut ler road In I a KIHII lllutruilon Jeri y Central will oil IhU bnli inve In Iho priMJuctlim and marketing or II coal porno 1100100 l r annum l ci > car Iho compiiny caine < l for II Plock II OJOIIO Th 1011 II I ng ai lhnil of lait year and eeoiid nl nl Ih 1 C r > nl < r lUll iihwSl ± nbt rortvi how 11 rln IIIoLI Iu 11 Idenl on Jeriiey irnlrul Plock or IIi u Ohhh I I I ont uu J CIal 120110O Ill AIII Ihl i ulaiion dora not lake Inlo 0ldoll 11 AdAnco In Ih Ir < or u1 I