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John L Lewis — Part 26

107 pages · May 10, 2026 · Broad topic: General · Topic: John L Lewis · 106 pages OCR'd
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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. -; ae Scr th} o {
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