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Show SENATORS TOLD OF GAINS MADE BY COAL CONCERNS WASHINGTON, Jan IT The senate sen-ate committee Invest ifraitng the coal industry turned today to the field of retail coal distribution As .1 preliminary prelim-inary step It sought to ascertain ruling rul-ing wholesale prlcti on anthracite. Francis Walker, a federal trade Commission economist, testified thai the aveage wholesale selling prlo. ;it anthracite mr.ics around Reading, Pa , lael Friday, was $.".;hi n ton. Il -plaincd that the actual cost reports today were not being secured bj the commission. "We know that the National Coal association brought ult to prevent the collection of the eost statistics.'' Chairman calder Interrupted, and that as u result the price of coal went up." l'r. Walker estimated that the average aver-age operating profit on anthracite would be 1114.46 pr 100 tons. Asked as to retail dealers' profit mafglnSi Hr Walker was allowed to put in a Commissi in report for 1917, showing lhal a margin of two dOllart a lou aboVS wholesale and freight costs had heen declared sufficient. |