COAL PIERS AT NEWPORT NEWS, VA.
In the handling of coal one of the principal difficulties is
the lack of storage facilities. Neither at the mines nor at the
terminals is there provision for reserves. The mines cannot produce
any more coal in any given day than the railroads can provide
cars for its removal. Nor can the railroads haul more coal in
a given day than the ultimate consumer can use. The result is
that there is no real reservoir at either end, and the industry
always has a hand-to-mouth existence. If storage facilities for
coal, such as are used in the iron-ore trade, could be utilized
the industry could better adjust itself to the working of the
law of supply and demand. Some of the newer coaling plants can
load 2,000 tons of coal into the hold of a ship in an hour. When
it is remembered that it costs $1,000 a day to keep a 10,000-ton
ship in commission, it will be seen how important rapid loading
and unloading operations are.
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