| |
| |
Caption: Board of Trustees Minutes - 1918
This is a reduced-resolution page image for fast online browsing.
EXTRACTED TEXT FROM PAGE:
292 BOARD OF TRUSTEES [May I, the putting into storage before next winter of IO,OQD tons of coal and arranging means for storing and reclaiming same, all as set forth in the letter of the Supervising Architect attached. Very truly yours, W. L. ABBOTT Mr. W. L. Abbott, DEAR SIR: 72 W. Adams St., Chicago, Illinois I noticed by the Board minutes of April 4 that a special committee was authorized to purchase coal and provide the necessary storage therefor, and thinking that you may wish to make a report at the next meeting, I am enclosing the facts, which will serve as a basis. T h e following contracts have been entered into: With the Sharon) Coal Co v for 10,000 tons of screened lump or nut for delivery before September 1, at a price of $2.20 f. o. b. power plant. One consideration in the placing of this order was the fact that as we have a contract with them for their entire output of screenings until September 1 at $1.18^2 delivered, we will be increasing their output for delivery on the old contract by about 3300 tons. The second contract was entered} into with the same company for 15,000 tons of screenings, for delivery from September 1 to April 1, at $I-75 per ton, f. o. b. power plant, to be delivered in amounts as ordered, with a proviso that if the output of screenings does not equal that quantity, they shall make up the total tonnage by delivering some other grade of coal at the same price. On both these orders the operators are protected against an advance in cost of mining. Since entering into the contract the miners have been allowed an advance which will probably increase the above contract prices about $.25 a ton. Two thousand tons mine run have been purchased at Fairmont for summer delivery at $1.75 per ton, delivered, on the basis of the advanced wages for the miners. In addition to this 27,000 tons, we expect to receive on our this year's contract with the Sharon mine between April 1 and September 1, 5,000 tons of screenings, making a total coal supply from April 1 to April 1, of 32,000 tons, which we estimate will leave enough in storage April 1 to carry us until the first of July. The total estimated cost of this coal is $63,000, and of this amount $15,000 will have to be paid out prior to July 1. W e have arranged to store this coal in the places used during the past season, and on the ground adjacent to the street car right of way between Goodwin and Harvey streets, where we shall probably store about twothirds of the amount. The easiest way to unload the coal is to dump it into the coal hopper in the boiler house, and then to carry it up in the conve}'or to the cinder bin, from which it can be spouted into dump wagons for hauling into storage.
| |
