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John L Lewis — Part 26
Page 9
9 / 107
i
Adie na Poet, a
KE: JOON L. LEWIS, ET AL.
It is noted in each of the three years
time was in the sumer months, and the
It in noted that the average idle tine
of 16% days in Joly to @ low of 5 days in Decesber
pointed out, ELSHOFF began megotieting with Peabody
could be kept in operetions
Mr, REED advised, upon consulting bis corresposcencs fiie teat +
ELSHOPF came to him on December 28, 1937 to discuss purchasing
fron Peabody, KELSHOPF gave no reason for switching from Panther Creek
to Peabody, Ir. KRED stated be knew ELSHOFF was buying coal from
Panther Creek and for this reason wis besitent about agressively try
ing to get KLSHOFF'S business, ie related that to the beat of kis
recollection ELSHOFF told bin that the arrangezmt with Panther Creek
was temporarye He advised that he assumed RISHOFF was quitting
Panther Creek because of the wéll ince belief that Panther Creek
was in poor financial condition and had been expected to go bankrupt
for quite som time, If Pantber Creek went out of business ELSHOFF
would be without a supply of coal, whereas if be bought from Peabody
his supply would be assured,
¥
Mr, REED advised that on January 12, 1936 be mde ELSHOFF
the following proposition which was acceptedt
4, On sales to Railroads, Peabody would allow ELSHOFF a discomt
of &f of the selling price plus 63 omts per ton to cover
state sales tax, which ELSHOFF had to pay, The sales *
price was the price to the customer, At this tim, we.
war ere the sale price to Railroads ranged fron $2.00
Or. sales to customers other than railroads, Peabody would
allow ELSHOFF 8f of the selling price, plus 5¢ cents per
ton. Mr, REED stated that the allowance for sales tax
waa reduced from 64 to 5¢ cents per ton because this coal
was selling for about $1.90 per.ten. -;
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