August 14, 1914. THE COLLIERY GUARDIAN. 381 The committee think it necessary that each mine should have its own rescue corps, as promptitude in rescue work is obviously of the first importance, therefore a brigade of five men should be formed on each mine. Exemption might be granted by the inspector of mines to small collieries, situated close together to combine to form one team. Pro- vided their physical and mental condition are equal to it, it should be made compulsory by law for every white miner in Natal to be made liable to undergo training in rescue work. The committee considers it preferable that white persons only should be trained in rescue work; at the same time there are some coloured persons on the mines who would make efficient and useful members of a rescue corps, if they were to receive training. Again, at small mines it may not be found possible to organise a corps of five trained white men, and in such a case as this, the manager should be allowed to have coloured persons trained in rescue work. With slight modifications the latest British regula- tions as regards rescue stations and appliances should be followed, men undergoing training or attending practices should be paid by their respective employers at the full rates they obtain for their ordinary duties. To ensure uniformity, all expenses connected with rescue work, except as otherwise specified, should in the first instance be borne by the central rescue station, and where mines must have their own liquid air producing plants, the cost of such should also be charged up to the central rescue station. The central rescue station should supply and maintain all the necessary equipment to all the mines, which equipment should be paid for on a tonnage basis or otherwise, as may be decided by the committee of management. All collieries should be compelled to contribute. It is estimated that once the station is in working order, the upkeep would amount to about .£1,000 per annum, made up as under :—Salary of instructor, £400; salary of assistant, £180; three natives at £3 per month (say), £100; renewals, contingencies, repairs, cost of running motor, £200; cost of power (say) £10 per month, £120; total £1,000. The committee, how- z ever, are in agreement with the report of the committee appointed in 1911 to enquire into explosions of gas and dust in Natal collieries, recommending that the Union Government might well bear the first cost of erecting and equipping the station, all costs afterwards to be borne by the Natal collieries. They estimate that the cost of the station would be roughly £6,000, made up as under :— Erection of station and training gallery, £2,000; erection of instructor’s house, £500; motor car, £750; power plant, £300; six sets of apparatus, £175; four small liquid air plants for outlying collieries (say), £750; four storage cylinders, £80; unforeseen contingencies, £320; main liquid air plant, £1,125; total, £6,000. The committee are of opinion that one make of apparatus only should be used in Natal. Of the various types of apparatus submitted they think the liquid air apparatus, Draeger and Proto, are all good, but have decided to recommend the liquid air apparatus for the following reasons :—(1) It has the largest reserve of oxygen, and by means of a simple fitting persons found alive in a mine could be taken out through a poisonous atmosphere; (2) it is being adopted in several of the most modern rescue stations in Great Britain; (3) it is beyond the control and interference of the worker; (4) it is cool; (5) it is light and simple; (6) the cost for practice is con- siderably less than that of the other types of apparatus; (7) it requires practically no chemicals. The disadvantages of the apparatus are the heavy initial cost of the plant, and the rapid evaporation of the liquid air. As many of the collieries are widely separated, the outlying mines should manufacture their own liquid air; the price of a small plant for this purpose would be approximately £180. It would not be economical to manufacture liquid air at Hatting Spruit for transport to outlying mines, as the rapid evapora- tion and difficulties of transport would necessitate the constant sending to and fro of cylinders. Natal Coal Trade.—Our correspondent writes : The Natal collieries, although on the whole maintaining their position, cannot at the present time be said to be busy, as in several instances only four days per week are being worked on the average. No doubt, to some extent, this is due to the inability of the Natal collieries to compete with the Transvaal collieries at Cape Town, since the recent reduc- tion in railway rates for the carriage of coal from Transvaal to the Cape, the effect in some quarters being estimated as a loss in sales to Natal of'over 100,000 tons per year as far as Cape Town is concerned. The revision of railway rates has, however, enabled the Natal collieries to send increased quantities to some parts of the Cape Province, as far as Kingwilliamstown on the one hand, and even to places as far distant as Saldanha Bay. The Natal collieries, however, urge that the present low rate for conveying coal to Cape Town by rail from the Transvaal must be an unprofitable one for the railway, but this is denied by the Railway Administration, who point out that such a low rate as ’148d. per ton per mile is necessary to enable Transvaal coal to compete with Welsh coal at Cape Town. The position of the Natal coal trade may be illustrated by the following figures. Output in 1913, 2,608,409 tons; bunkered at Durban, 1,080,208 tons; exported by sea, 615,530 tons; sent overland by rail or consumed in Natal, 469,145 tons; and consumed by railways and harbour in Natal, 443,506 tons. Since the Dundee Coal Company absorbed the St. George’s Colliery, it has occupied the premier position as regards output, but closely followed by the Natal Navigation Collieries, the next leading producers being Utrecht, Durban Navigation, Hlobane, Elandslaagte, and Glencoe Collieries. Australia. Proposed State Mines in New South Wales.—On the question of a State coal mine, says our Sydney correspon- dent, the Minister for Mines states that the Government’s requirements amount to a million and a quarter tons yearly, and are steadily increasing, and he considers that if the whole of the coal requirements of the Government are to be supplied by the State itself, it will be necessary to establish four separate mines, two in the South, one in the North and one in the West. At the present time the con- tracts entered into for Western District Railway supplv, amount to 346,000 tons of large and 72,000 tons of small, at average prices of 6s. 9d. and 4s. 9d. respectively. The Northern requirements are 274,000 tons of large and 14,000 tons of small at the average price of 10s. 2d. and 4s. lid. respectively. Canada. The summary report of the Geological Survey of Canada for 1912, just issued, contains a report by Mr. Charles H. Clapp of a geological examination on Graham Island of the Queen Charlotte Group, British Columbia, made at the request of companies engaged in prospecting for coal. The island has a total area of some 2,500 sq. miles, the portion covered by the examination being a strip running through the centre, about 300 sq. miles in extent. Cretaceous coals were found at several places, the more important of which were Cowgitz and vicinity and Camps Robertson and Anthracite, where the coal ranged from a semi-anthracite to a rather high carbon bituminous, and Camp Wilson, where the coal was a good quality low carbon bituminous. The actual coal reserve was estimated at 6,900,000 tons, but the probable or possible reserve is much greater, a conserva- tive estimate being about 293,000,000 long tons. In addi- tion, the lignites known to occur on the north-eastern part of the island have an actual reserve estimated at 60,000,000 long tons at Skonun Point, the probable lignite reserve of Graham Island being put at 1,000,000,000 long tons of fair quality. THE FREIGHT MARKET. The outward freight market is still in a state of suspen- sion, although prospects have brightened considerably during the week, and hopes are entertained that the resumption of chartering will early be possible. The only fixtures mentioned during the last few days have been :— A 1,000-ton vessel from Goole to Plymouth at 8s.; a vessel from Tyne to Barcelona at 13s. 6d.; another from Tyne to St. Nazaire at 10s.; and a fourth from Tyne to Bordeaux at 9s. IJd. These are, of course, very much higher rates than prevailed prior to the war, and are proportionate to the risk which the owners will run. During the last few days the Admiralty has taken up a large number of steamers for transport services. These vessels have been requisitioned hurriedly—by telegraph in most cases—and without the formality of a charter, on the understanding that the rate of payment would be fixed afterwards. A Board of Arbitration for that purpose has now been constituted. One of the greatest obstacles to shipping business at the present moment is the Customs’ insistence on the triple value cargo bond. Shippers are to be mulcted in three times the value of the goods if the master of the vessel fails to deliver the cargo to the port mentioned in the charter party—a condition which, if insisted upon, would spell the negation of chartering altogether. Happily, however, thanks to the efforts of Tyneside commercial men, we understand that the Board of Customs is preparing a modified form of bond, which, it is hoped, will meet the case, without unduly harassing those who are desirous of resuscitating the shipping industry. Then again, the decision of the Government to reinsure • the King’s enemy risks to the extent of 80 per cent, should vastly help to restore the confidence of owners. The rates for insurance of war risk for new voyages as from the 7th inst. are to be 1| per cent, on the value of the hull for the voyage, including all ports on such voyage, and 2J per cent, for the round voyage. A “ voyage ” is defined as follows :—“ A ship shall be deemed to be on a voyage from the time when she ships cargo or passengers for the voyage, or, if in ballast, from the time when she clears in ballast for the voyage.” It will be seen that this flat rate imposes a serious handicap on steamers engaged in short voyages. A rate of 2J per cent, on the value of the hull for a round voyage, in the case of coasting and North European trades, is excessive, and efforts are being made to induce the Admiralty to agree to a flat rate of 1 per cent, for a month, instead of the 2J per cent, now demanded for the round voyage. Another matter which tends in the right direction is that the same Newcastle gentlemen who have succeeded in securing the promise of a relaxation of the bond have obtained the concession for shippers generally that, as far as the exportation of coal to Norway, Sweden, Italy, and other neutral ports is concerned, applications for permission to export particular cargoes may be addressed to the local Customs officer, who shall telegraph for instructions in each case, and that these applications, in the absence of special reasons to the contrary, will be granted. The Admiralty makes it perfectly clear that under no circumstances must any exporter give any facilities to the country’s foe, and that the clearest proof of the bona-fides of shippers and con- signees must be forthcoming. Whilst desirous of assisting in every way the continuance of business, the Admiralty rightly insists that, if there should be proof that coal is reaching the enemy through unscrupulous consignees, the facilities now given will be withdrawn. Of course, there are still other difficulties in the way of shippers. The question of payment for cargoes is a very real barrier to business. Coal exporters and collieries are now compelled by the exigencies of the financial situation to insist that cash shall be paid against documents, and there are not a great many foreign clients who are in a position to do this. Again, the embargo in coals on the export of large steams has been extended to unscreened varieties, which include a good proportion of large coal. Substantially, therefore, the export of steam coals, except- ing for smalls, is out of the question at present, and. it may be that the Government will yet find it necessary to extend its veto to include large coals of any description whatever, for it cannot be denied that, for steam raising purposes, even gas or coking coals would be thankfully commandeered by an enemy who had run short of fuel. Happily, however, that veto has not yet been found necessary, and exporters are hoping that some decisive naval, action will shortly ensue, which will clear the seas of our enemies and enable the waterborne traffic in fuel to be resumed in full without let or hindrance. Hull Coal Imports.—According to the.returns compiled by the Corporation’s coal inspector, Mr. W. Herbert Truman, the quantity of coal brought into the port during July amounted to 762,013 tons—714,663 by rail and 47.350 by river — as against 766,604 tons in the corresponding period of 1913. The total imports for the first seven months of the year were 3.885,596 tons, compared with 4,808.253 in 1913. Shipments coastwise in July reached 77,205 tons, against 474.892 tons in July 1913. Shipments of Bunker Coals.—During July the quantity of coal, etc., shipped for the use of steamers engaged in the foreign trade amounted to 1,919,433 tons, compared with I, 883,676 tons in July 1913, and 1,632,501 tons in July 1912. The aggregate so shipped during the first seven months of the present year was 12,101.590 tons, as against II. 970,713 tons and 9.758,398 tons in the corresponding periods of 1913 and 1912 respectively. COAL, IRON AND ENGINEERING COMPANIES. REPORTS AND DIVIDENDS. Antrim Iron Ore Company Limited.—Interim dividend of Is. per share. Campbell Gas Engine Company Limited.—The directors recommend a dividend of 10 per cent., free of income-tax, placing £5,000 to the reserve fund, making it £30,000, and carrying £3,705 forward. Glencoe (Natal) Collieries Limited. — The directors announce that payment of the dividend of 2| per cent, has been postponed. Guest, Keen and Nettlefolds Limited. — The directors announce that at the annual meeting of shareholders, which is fixed to take place on August 27, they will recommend the payment of final dividends as follows :—On the pre- ference shares, at the rate of 5 per cent, per annum for the half-year ended June 30, and on the ordinary shares at the rate of 10 per cent, per annum for the half-year ended June 30, together with a bonus of Is. per share on the ordinary shares, all free of income-tax. Hadfields Limited.—The directors have decided that an interim dividend of Is. per share, free of tax, on the} ordi- nary shares be paid on the 22nd inst. out of the profits for the half-year ending June 30. Mr. J. P. Crosbie has been appointed a director of the company. North’s Navigation Collieries (1889) Limited.—In con- sequence of the interruption of trade caused by the war, the directors deem it advisable to temporarily postpone the issue of warrants for the interim dividend recently declared, but will at once issue warrants for 6d. per share on the ordinary shares, being at the rate of 5 per cent, per annum. The preference dividend will be paid as announced. Sheffield Forge and Rolling Mills Company Limited.—The net profits of the Sheffield Forge and Rolling Mills Com- pany Limited for the past year, after providing for interest and other charges, were £19,726, and £6,970 was brought forward. The directors have added £3,000 to the deprecia- tion fund, and £5,000 to the reserve, and recommend a dividend of 2| per cent., free of tax, carrving forward £6,196. Spencer (John) and Sons Limited.—The directors recom- mend a final dividend on the ordinary shares for the half- year ended June 30 last at the rate of 7 per cent, per annum. Stephenson (Robert) and Company Limited.—The report of the directors states that the business and assets of the company have been in possession of the receiver and manager for the 4 per cent, debenture holders for the past five years. Pursuant to an order of the High Court of Justice, all the properties and assets have been sold to a new company, which has been formed under the style of Robert Stephenson and Company (1914) Limited, for a consideration which is insufficient to pay the 4 per cent, debenture stock- holders the principal and interest due to them. The direc- tors regret that in the circumstances there is no possibility of any return being made to the “A” debenture holders or the preference and ordinary shareholders of the old company. Waste Heat and Gas Electrical Generating Stations Limited.—The directors have declared an interim dividend of 2J per cent, on the issued capital in respect of the half- year ended July 31 last, less income-tax, payable August 31. Wigan Coal and Iron Company Limited.—The directors have notified the shareholders that “ after carefully con- sidering the general situation and the outlook,” they had determined that it is inadvisable to distribute any interim dividend in respect of the half-year ended June 30 last. The company has regularly paid an interim dividend for a generation, last year’s interim dividend being at the rate of 5 per cent, per annum, and the dividend for the full year 7 per cent, per annum. Workington Iron and Steel Company Limited. — The directors have declared a final dividend of 34 per cent, on the ordinary shares, making 6 per cent, for the year ended June 30. NEW COMPANIES. Allen (William) (Manchester) Limited. — Private com- pany. Registered July 31. Engineers, brass and iron founders, manufacturers of hot water valves and taps. Nominal capital, £20,000 in £1 shares (10,000 preference and 10,000 ordinary). Directors :—W. and A. A. Allen, G. H. Taylor, R. Sharpies, G. H. Pearson. North-East Coast Institution of Engineers and Ship- builders Incorporated (the word “ Limited ” being omitted by licence of the Board of Trade).—Registered August 7. To take over the assets and liabilities and continue work of the unincorporated institution known as the North-East Coast Institution of Engineers and Shipbuilders, established in 1884. In event of the institution being wound up, each member undertakes to contribute a sum not exceeding £1. Number of members declared to be unlimited. Directors and subscribers :—Wm. Bovd, Benton House. The Park, Cheltenham, engineer: Sir Chas. A. Parsons, K.C.B., Rav House, Kirkwhelpington, Newcastle-on-Tyne. engineer: Col. R. Saxton White, Shirley, Jesmond. Newcastle-on-Tyne, shipbuilder: Summers Hunter, 1. Manor-terrace, Tyne- mouth, engineer; Sir W. T. Doxford, Sunderland, ship- builder: W. H. Dugdale, Wearcourt, Roker, Sunderland, shipbuilder; W. G. Spence, 4, Woodside, Sunderland, engineer; and 37 other directors. R. W. Company Limited.—Private company Registered July 30. To carry on business of acquiring and building or manufacturing railway carriages and wagons, carts, trucks, locomotives, engines, etc. Nominal capital. £10.000 in £1 shares. Directors :—H. N. Hoare, S. C Gothard, and A. B. Miller. Schofield Syndicate Limited.—Private company. Regis- tered office, 38, Masterman-road. East Ham, Essex. Registered August 1. To carry on the business of engineers of any description. Nominal capital. £1.000 to £1 shares. Directors :—C. Schofield. Gershan. Forest Hall. Northum- berland. engineer; J. Davey. 39. Masterman-road. East Ham, engineer; J. W. Wills, Tennant-street, Hebburn-on- Tyne, engineer. Speakman (John) and Sons Limited.—Private company. Registered August 1. To acquire business carried on at Leigh (Lancs') and at New Brighton (Chester) as John Speakman and Sons, and carry on business as colliery pro- prietors. iron and steel masters, brick, tile, and flag makers, wagon and truck builders, etc. Nominal capital. £125.000 in 12,500 £10 shares. Directors and subscribers (one share