January 3, 1913. THE COLLIERY GUARDIAN. 11 fully half a million tons the total for 1911. A good deal of interest has been shown in the opening of the Immingham Dock, from which during the six months there were shipped approaching one million tons, but the new venture has been entirely against the progress of Grimsby, whereas Hull, as already indicated, has not been prejudicially affected. The year has again shown very clearly that the best district coal is not going largely for export, and the increased trade shown by the figures at Hull has been almost entirely due to the demand for bunker purposes. At Hull, the deficiency for the months of March and April was about 360,000 tons, and at Grimsby 160,000 tons. But taking the returns for the 11 months ending November last, it is found that whilst at Hull there was a net increase in business to the extent of 277,250 tons, at Grimsby there was a deficiency for the same period of 179,467 tons. The proportion of the tonnage used for bunker purposes at Hull is shown by the fact that, of the total—about 6J million tons for the 11 months ending November last—3 J millions went to foreign markets and about 900,000 tons was re-shipped to home ports, about half of this traffic going to London. During the month of June there was remarkable activity shown in nearly every direction, North Russia took about 78,000 tons more, Sweden 20,000 tons more, Germany 58,000 tons more, and Denmark 23,000 tons extra. Business continued to boom during July, and by the end of August the trade of the year up to that date exceeded that for the corresponding period of 1911. The increased business was still done in the same direction, North Russia taking one-third of the total, larger demands by South America, Denmark, Germany, Holland and Sweden combining to give largely increased figures compared with previous year ; but the rate of expansion was not maintained during October, although the trade with Germany was still on the increase. There continued to be a slight increase during November, and though the year’s total may reach about 3J million tons, it will not be equal to the previous record, of 1910 when nearly 3J million tons were exported from Hull. It seemed almost certain that the trade with North Russia will have equalled 1 million tons during the year, which is probably a record for the port and equal to 25 per cent, of the entire export to Russia from Britain. On the other hand, a good deal of trade with Sweden has been lost to this district, the total for the year being about 100,000 tons short of what was sent during 1910. The remainder of the shortage is largely explained by the fact that the export through the Dutch ports was far below the experience of two years ago. The bulk of the coal still continues to be supplied by the larger and newer collieries in the Doncaster district, and at certain periods of the year very strong competition has existed between the Denaby and Cadeby Main collieries, and the newer pits of Grimethorpe and Frickley, for the leading position. At the close of March the Denaby and Cadeby Main held a considerable lead, and the two joint firms mentioned were the only contributors over 100,000 tons during the quarter. Though the older collieries still maintained the premier position at the close of the first half-year, they had a big reverse on the year’s trading, and in September the Grimethorpe and Frickley combination took the lead—a fact which was possibly due to the stoppage of the Cadeby Colliery. At the end of November, when about half a-million tons increased business had been done, the Grimethorpe and Frickley collieries show an increase of nearly 200,000 tons. The Bentley Colliery had sent about 85,000 tons more. The new colliery at Bulcroft, which was only opened during the year, sent about 40,000 tons. Maltby, anothei* of the new large pits, had sent over 70,000 tons, whilst the other large collieries which were opened a few years back just about maintained their position in relation to the trade at the port. Although the Denaby and Cadeby collieries held a safe lead, they sent over 200,000 tons less than during 1911. Taking the year all through, the prices for large steam coal have varied a great deal, but the general experience cannot be regarded other than of a satisfactory character. The settlement of the railway companies’ contracts, which are of increased bulk every year, and consequently assumes greater importance, was con- sidered to be fairly satisfactory. During 1911 the railway companies paid 8s. 9d. per ton for the best quality coal, but they were obtaining larger supplies of fuel at 8s. per ton. In consideration of the added costs which were in prospect for the past year, coalowners were able to obtain an advance of Is. 3d. per ton, making 10s. per ton. The run of prices during the year have all been in favour of the railway companies, having regard to the advance of wages which were granted to the men, in addition to the effect of the Minimum Wage Act, and to say nothing of the boom in the trade. Coalowners thus were in a very strong position to demand an advance in proportion with the state of affairs ; and although arrangements have been completed on the basis of Ils. per ton for the best hards over 1913, there is a great deal of dissatisfaction felt. The advance of Is. 6d. per ton which is to be paid compares very unfavour- ably with the increase of 2s. 6d. to 2s. 9d. per ton which has been granted by the North-Eastern Railway Com- pany to collieries on the northern part of their system. No doubt had the South Yorkshire owners stood firm they would have been able to have secured an equality of treatment such as has been obtained by the northern colliery owners. The fact that business was in such a vigorous state at the period when the renewal of contracts was under consideration, naturally led the railway companies to effect a speedy settlement, as did also the steam trawler companies at Hull and Grimsby, who are stated to consume about 1 million tons per year. In the case of some of the trawler companies, where coal is taken by keel on the canal, 12s. per ton is being paid. It is also noteworthy that shippers were more generally disposed to fix up contracts for 1913, but they were too late. During the early part of December they had offers in their hands on the same basis as the railway companies, but they adopted a waiting policy, and towards the close of the month, when they wished to accept the offer of Ils. 6d. per ton, coal- owners refused to entertain this, and, so far as business on export account for 1913 is concerned, very little has been done. The railway companies have also paid about the same rate of advance for Parkgate and Shafton coal, the bigger proportion of which is being used for branch trains, and collieries producing this quality of coal have no doubt done very well in obtaining an increase in the same pro- portion to the sellers of the better-class fuel. At the opening of the year large steams were quoted at 10s. 3d. per ton, with seconds from 6d. to 9d. per ton less. Subsequently the scare of a strike became very much felt, and prices advanced something like 2s. to 2s. 6d. per ton, whilst shipping was handicapped owing to high freights. During February collieries had a great deal of trouble, owing to the scarcity of wagons and the congested state of affairs on the railways, and towards the end of the month bigger prices prevailed, coal being secured when it was an absolute necessity, regardless of price. During the period of the strike in March fabulous prices were obtained for any fuel which was available, but the steam trawlers were laid up, and export trade was practically at a standstill. From 25s. to 30s. per ton was paid for bunker coal at Hull, and it was freely stated that the Cadeby Main Colliery Company, who had a large ground stock, were obtaining £2 per ton for steam coal at Liverpool. It was only after a considerable period, when the pits had restarted, that prices began to fall, and possibly the values for large steams became the first affected, because exporters found it convenient to hold their hands until business became something like a normal character. However, in May, when the pits had been at work a month after the strike, best hards were quoted at 15s. per ton, but they quickly fell to Ils. 6d. to 12s. per ton in the middle of May. Shippers had the advantage until June, when the general home demand enabled coal- owners to take a much firmer stand. In June 11s. 6d. per ton was refused foi' the best hards beyond the end of that month, but the scarcity of shipping tonnage continued to keep the position in favour of exporters. However, the rush of trade had to come, and there were marked developments during August, when prices of best steams went up to 12s. per ton, and to the end of the year exporters have had to pay what they considered to be exceptionally high prices, the extra demand for Russia being a very strong feature in favour of sellers. During the latter part of the year it was a somewhat remarkable feature that the Derbyshire best steam coal was making a higher price at Hull than South York- shire coal, but this position subsequently became altered and the district coal resumed its usual position. It was reported at the end of August a 12 months contract was made for best hards at Ils. per ton pit for the coming year, and another important contract was secured to the district in October, when the Carlton Main Colliery Company, the owners of the new collieries at Grimethorpe and Frickley, accepted the contract of the Cunard Steamship Company to supply a quarter of a-million tons over the year of large washed nuts and slacks at, it is stated, about 10s. 6d. per ton. The contract came to the district a few years ago, having been previously held in South Wales, but the present holders have taken it for the first time, and having regard to the price which is to be paid for next year for small coal alone, the buyers have evidently made a very good bargain. The experience of shippers of large steam coal has been a very unenviable one, for in addition to having to pay the marked advance which, has taken place in the prices of coal, freights have in most cases doubled during the year and exporters selling on the c.i.f. basis have been very hard hit. Coalowners however feel that in normal times they have been exploited in a serious degree by the middle- men, and would be glad to see this class of trade reduced to a very considerable extent. Manufacturing Fuel. The experience of the year in regard to this class of coal has probably never been equalled in the history of the trade. Although the collieries in this district have worked so regularly, the development of the general trade of the country has been such that the supply of small steam coal can never have been said to be ample during the latter part of the year to meet the requirements, and during the closing months of the year there something like a famine prevailed, despite the efforts of coalowners to produce as large a quantity as they possibly could. It was somewhat remarkable to find that during November and onwards the best washed nuts were making an equal price to the best large, whilst the arrangements for 1913 in regard to small coal are of such a description as to be truly remarkable. The explanation of the boom is generally agreed to be found in the fact that for a considerable period both the engineering and the textile industries have been working overtime for a continuous period with only ordinary contracts running for coal supplies, and under such conditions the loss of a month’s output due to the strike has never been recovered. Another material factor in the situation is the continued development of coke manufacture, which is now so extensive as to require one-sixth of the total output, whilst collieries have established by-product plants to such a degree that they cannot produce sufficient small coal to supply their own requirements. At the opening of the year best nuts were making 8s. per ton and secondary qualities 9d. to Is. per ton less, whilst the best grade of slacks were being sold at 6s. per ton and rougher qualities up to 5s. per ton. After the effect of the strike had passed away, the extent of the demand became so large and was so well sustained, that coalowners were able to take a very decided stand, and insisted on an advance of from 2s. to 2s. 6d. per ton on all contracts to be renewed for small coal. Subsequent experience proved how well founded was their action, and only a short period later consumers who refused to pay this amount found not a little difficulty in placing their contracts. From this time to the end of the year consumers had one constant struggle to obtain adequate and regular deliveries at their works,’ and where it was necessary to purchase extra tonnage in the open market, much higher prices than ever were thought of have had to be paid. During August business was done at the following figures:— Best washed nuts 10s. to 10s. 6d. per ton, best slacks 7s. 9d. to 8s. per ton. During September prices went up fully Is. per ton, and as already stated, towards the end of the year coalowners with surplus fuel were enabled to secure a very extensive increase—in fact, during December consumers could not obtain supplies and had to meet the situation by purchasing secondary qualities of house nuts, which were more freely to be obtained, but which commanded an increase from about Is. 6d. per ton more than the contract rates for the best slacks. The outlook for 1913 is unparalleled, and there seems little reason to doubt the oft-repeated statement that nearly the whole output of small coal for the year is already under contract at prices which show an advance of 2s. 6d. to 3s. per ton on contracts which were made in June last. House Coal. This section of the trade, which yearly becomes of lessened importance so far as the bulk of the business of the district is concerned, has been affected in a very considerable degree by the varying conditions during the year. The bulk of the output is produced from the Barnsley bed, which at the same operation produces steam as well as the soft quality fuel which has largely been of secondary consideration in regard to the working of the collieries. In this way stocks have accumulated at various times, and in this respect collieries have perhaps been more affected owing to the panic buying of the public. With the more rapid developments of the coal area in the Midlands, the volume of trade with London and the south has hardly been maintained, though the better quality Silkstone and Haigh Moor coal, which is only produced to a limited extent in South Yorkshire, has been fully an average one. The local fuel continues to be more readily disposed of in the nearer markets, and the West Yorkshire industrial districts, owing to the price at which it can be sold, compared with the more valuable house fuel produced in West Yorkshire. In January