Word: coalmen
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Dates: during 1930-1939
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...Relaunched its stalled drive to establish minimum coal prices. Last December the Bituminous Coal Commission established a set of minima, but after coalmen brought suit, charging the Commission's methods were too dictatorial, these minima were shelved, B. C. C. Chairman Charles Franklin Hosford Jr. resigned and there was a general collapse of the coal price structure (TIME, Dec. 27, et seq.). Since then the Commission has wearily begun all over again, this time under the guidance of Percy Tetlow. Last week, with data for new minima almost complete and with Sunshine Anthracite Coal Co. of Arkansas filing...
Iron Fireman has been for twelve years one of the few things for which coalmen could be thankful. In 1923, two years before the big anthracite strike that set the industry staggering, two Portland contractors, Thomas Harry Banfield and Cyrus Jury Parker, took over a small local iron works and with it a clumsy automatic stoker which they improved and called Iron Fireman...
Meanwhile, people were putting oil burners in their basements. Oil burners, compared to the ordinary coal furnace then in use, could be run almost as cheaply, more efficiently, with considerably less fuss. Grateful coalmen reflect that without Iron Fireman their entire market might have been lost to oil. Few Iron Fireman stokers were put into new homes but they were attached to old coal furnaces for less than $500 in 1926, $275 now. They conveyed the coal mechanically from the coal bin to the furnace, and because they fed it in beneath the fire instead of dumping...
...Reading Railroad's coal properties. For the first few years after 1923, it is safe to say that PRC's bankers, Drexel & Co., were not especially proud of these properties. Production fell off, profits came hard, sometimes did not come at all. In the opinion of coalmen, statisticians and investors, PRC was definitely on the downgrade. Now Drexel-Partner Newhall is very apt to feel proud when he points to PRC maps. A noble experiment seems to be working...