Evening Republican, Volume 59, Number 86, Rensselaer, Jasper County, 2 May 1917 — Predicted That Coal Will Soar In Price. [ARTICLE]
Predicted That Coal Will Soar In Price.
We are not -boosting for the coal dealers, but giving a friendly tip that is -based on the judgment of experts. Buy your coal now for next winter. Don’t put it off till next fall like you usually do or you may have to pay fancy prices for it. From present indications the price is going to advance within the next few weeks, and continue to advance until them is no telling where the price will stop. Until the war is over, in the opinion of those in a position to -know, there will be no more cheap coal in the United States. Some extremists even predict that the -ruling price of S4O a ton in England may prevail here -before the war ends. If the consumer has to pay the advance in wages granted the miners in the anthracite fields last week it alone will mean the adding of about one-fifth to the normal price of hard -coal. The government is using about one-third of the anthracite and best grades of -bituminous coals on ships- and in government munition plants. A -la-nge per cent of the coal miners will be taken awav from their employment by the conscription bill, which witll mean a smaller production of coal. Everything points to higher coal prices and the wise householder will lav in his coal while the layingls good.
