350

THE COLLIERY GUARDIAN.

February 11, 1913.

THE FREIGHT MARKET.

The north-east coast outward freight market has been
very quiet this week. Mediterranean rates are rather
firmer, at from Ils. to Ils. 6d.» Tyne to Genoa, but figures
in other directions are easy at the following typical rates:—
Tyne to London, 3s. l|d. to 3s. 3d.; Hamburg, 3s. 9d.; and
Bordeaux, 5s. 9d. to 6s. At South Wales chartering has
been active. Mediterranean rates are rather easier. The
River Plate is steady. The Bay and coasting ports are
dull. A moderate business at steady rates is reported at
the Clyde. The Humber is fairly firm. Homewards, Black
Sea advices report a quiet market, the chief cause being the
low price of barley in consuming markets. Grain from the
interior is arriving very slowly. At the Azof and Danube
there is a small enquiry, and grain stocks are very low.
Eastern markets are dull and easy. The Mediterranean and
ore ports are active and firm. America shows some improve-
ment. The River Plate is firm, and tonnage offerings are
short of requirements.

Tyne to Algiers, 2,600, 9s. ; Bordeaux, 2,400, 5s. 9d. ;
2,300,6s., from Dunston; Catania, 3,000, Ils.; 1,800, Ils.
with 800 or Ils. 3d. with 500 delivery ; Genoa, 3,200,
Ils. 6d , river loading; 3,000, Ils.; 3,800, Ils ; Hamburg,
2,700, 3s. 9d., from Derwenthaugh; Lisbon, 1,300, 7s. 6d. ;
8s. ; 3,000, 7s. 6d. ; Las Palmas, 1,800, 9s. 6d. ; 2,500,
9s. 6d. ; London, 2,300, 3s. 3d.; 1,800, 3s. l|d.; Marseilles,
3,000, 10s.; 1,800, 10s. ; Messina, 2,000, Ils. 3d.; Naples,

5.100,	10s. 9d., 700 ; Piraeus, 3,000, 12s. 4|d.; 4,700,12s. 4£d.;
Porto Vecchio, 2,500, Ils. 9d., 500; Rouen, 1,000, 6s. 6d. ;
Rotterdam, 3,000, 3s. 6d. ; St. Nazaire, 2,000, 5s.4|d.; 1,600,
5s. 7|d.; Savona, 2,900, Ils.; 3,500, Ils.; Trieste, 5,200,
13s. 4|d., 500, 8d.

Cardiff to Alexandria, 6,200,12s. 6d., ppt.; 5,300. Ils. 10|d.;
5,000, 12s. 6d., February 14; 5,100,12s. 3d., 500, February 17;
Algiers, 4,700, 11| fr., February 17; 2,500, 11| fr., ppt.;

2,800,	11| fr., February 18; Arzew, 1,300, 13 fr.; Brest,

1.200,	5s. 4|d.; Bordeaux, 2,400, 7| fr.; 1,700, 71 fr.;
Barcelona, 3,200, Ils. 6d., February ; 1,750,11s. 6d.; Bayonne,
1,600, 81 fr., spot; Cherbourg, 900, 6s. l|d.; Chantenay,
1,250, 71 fr., February 14 ; Carthagena, 2,000,10s., f.t., spot;
Chatham, 2,400, 3s. 6d., Admiralty; Depots, 750, 5s.; Dieppe,
1,300, 5s. 9d., February 18 ; Felixstowe, 800, 4s. 6d.;
Falmouth, 480, 5s. 3d.; Genoa, 1,800, 12s.; 3,100, 12s„
February 17; 1,700, Ils.; 2,500, 12s., ppt.; 4,000. 12s., ppt.;

6,500,	Ils. 6d., ppt.; 4,000, Ils. 9d., ppt.; 4,800, Ils. 6d.,
February 17; 3,500, lie. 9d.; Gibraltar, 1,500, 9s., ppt.;
Helvcetsluis, 950, 6s. 3d.; Leghorn, 12s. 6d., 500, February ;
Lisbon, 3,400, 7s. 71d., 400, February 15 ; 2,900, 7s. 9d., 350,
January; 3,400, 7s. 6d.; 2,900, 8s. 3d., 500, February 16;

2.100,	8s. 6d.; Maddalena, 6,000, 13s. with 400, 12s. 3d. if
800 discharge; Malta, 6,000, 10s., ppt.; 3,500, 10s. 6d.;
6,000, 9s.; several steamers, 2.200-3,800, 9s 6d., Admiralty ;
5,000,9s., Admiralty ; 4,000,9s. 3d., Admiralty ; Monte Video,

4.200,	15s. 6d., February 18; 5,000, 15s. 4|d., February 22;
Naples, 12s. 6d., 500, February ; 4,100, 12s. 3d., 500,
February 14; 4,000, Ils. 6d. ; Nantes, 1,600, 7’62| fr ;
Portsmouth, 1,500, 3s. 9d., Admiralty; Pernambuco, 4,200,
19s. 6d., 200 milries, 5,400, i8s. 6d., 200, February ; Port Said,
6,400,11s. 7|d., ppt.; 5,500,11s. 7|d., February 17; 4,800,
Ils. 7|d.; River Plate, 6,000, 16s. 3d.; 3,900-4,300, 16s. 6d.,
February 17s., lower port; 6,800, 16s. 3d., February 28,
lower port; 5,500, 16s. 3d., February 18, lower port; Reggio,

2.800,	12s. 3d.; Rochefort, 400, 7f fr.; 1,200, 7| fr.; St.
Malo, 1,500, 5s. 4|d.; 1,250, 5s. 9d. ; Savona, 3,600, Ils. 9d.,
spot; 4,800, February 17 ; Sicily, 3,800, 12s., February 15 ;
2,700, 12s., February 17 ; St. Brieux, 700, 6s. 9d., ppt.; St.
Michaels, 3,300, 9s. 9d., February; Salerno, 2,500, 13s. 6d.;
St. Nazaire, 4,000, 6| fr., February 17; Taranto, 6,000,
12s. 6d.; 2,800, 12s. 6d., February 17; Torre Annunziata,
3,000, 12s. 9d.; Venice, 6,000, 13s. 9d., February 17; 5,000,
13s. 9d.; 4,000, 13s. 9d.

Glasgow to Trieste, 13s., 500, 8d.; Barcelona, 2,600,
10s. 10|d.; Bayonne, 1,600, 8| fr.

Immingham to Barcelona, 1,400, 10s. 9d.

Blyth to Bombay, 13s. 6d.; Lubeck, 2,000,6s. 3d.; Genoa,
2,900, Ils. 3d.; Savona, 2,900, Ils. 3d.; Piraeus, 3,000,
12s. 4jd.; Plymouth, 800, 5s. 9d.

Hartlepool to Leghorn, 3,000, Ils.; 3,800, Ils.

Port Talbot to Alexandria, 5,100, Ils. l|d, February 19;
Genoa, 2,500, 12s.; Bordeaux, 1,700, 7|fr., February 17.

Swansea to Venice, 4,200, 14s. 6d., 500, ppt.; 4,200,
14s. 3d. coal, 15s. fuel, ppt.; Ancona, 4,200, 14s. 6d., 500,
ppt.; La Rochelle, 1,500, 7ffr.; Rouen, 1,400, 6s. 7£d.,
ppt.; Skien, 750, 7s. 6d.; Genoa, 1,600. 12s.; 3.400, 12s.,
February 25; Tunis, 1,600, 16 fr. coal, 17 fr. fuel; Sousse,

1.500,	16 fr. coal, 17 fr. fuel; Bordeaux, 2,400, 7f fr.; Bilbao,

2.500,	7s., fuel; Nantes, 1,100, 7jfr.; Caen, 1,500 6s. l|d.;
Dieppe, 1,100, 6s.; Oran, 1,250, 12| fr. coal, 13|fr. fuel;
13|fr.; Tunis, 1,400, 16 fr.; Havre, 800, 6s.; Rochefort, 200,
8 fr., February 17; Belfast, 580, 4s

Liverpool to Sydney or Newcastle, N.S.W., sail, 19s.,
March.

Wear to Bordeaux, 2,200,5s. 9d.; 3,300,5s. 9d.; Halmstadt,

1.200,	6s.

Leith to Seville, 1,600, 9s. 6d.

Fife port to Rouen, 1,800, 6s. 3d.

Forth to Libau, 1,600, 5s. 7|d.; Genoa, 1,800, Ils.; Savona,

1.800,	Ils.; Leghorn, 1,800, Ils.

Hull to Genoa, 2,300, 10s. 9d., February 19; 4,000, 11s.,
ppt.; 2,800, Ils., ppt.

East Coast port to Cronstadt, contract, 20,000 tons in
several handy-sized steamers, 6s., commencing f.o.w.

Llanelly to Dieppe, 1,100, 5s. 10|d.

Newport to Alexandria, 5,000, 12s. 6d, ppt.; Palermo,
2,400, 13s 6d., February 27; Bordeaux, 1,700, 7|fr.,
February 18; Genoa, Ils. 9d., February; Buenos Ayres,
6,200-6,600, 16s., February.

Rotterdam to Bordeaux, 2,350, 5s. 10|d. coals, 6s. 7|d.
patent fuel, February 17 ; Constanza, 3,800. 12s. 9d., ppt.;
Marseilles, 2,300, 12|fr. with 600, or 121 fr. with 900, option
200 tons coke same freight, February 17 ; Barcelona, 3,000,
Ils. 4|d., February 17; 3,000, 11s. 3d., February 20 ; Genoa,
3,300, Ils. 3d., February 17; Livorno, 4,000, Ils. lid. coal,
Ils. 101d. briquettes, 13s. 51d. coke, February 22; Venice,

3.200,	12s. 9d. coal, 14s. 9d. coke, ppt. ; Buenos Ayres, 4,200,
16s. 6d., plus Is. 3d. for discharging; St. Nazaire, 3,500,
5s. 101d., Trignac terms, February 17; Algiers, 2,800, ll|fr.,
February 17.

Homeward charters Nicolaieff, 2,321 net, Rotterdam,
9s. 3d., February ; 3,500, London or Rotterdam, 9s. 6d.,
Hamburg, 10s., ppt. ; Kustendje, 3,800, Marseilles, 12 fr.,
ppt. ; 6,400, Antwerp or Rotterdam, 9s. 3d., ppt. ; 4,500,
9s. 3d., option Sulina loading 9s. 6d., option both loading

9s. 71d., with 3d. less barley, ppt. ; Rangoon, 2,768 net,
Hamburg, 31s. 6d., clean rice, March ; 2,391 net, Antwerp
or Rotterdam, Bremen or Hamburg, lump sum equal to
32s., February-March ; Calcutta, 2,395 net, Barcelona or
Rotterdam, 31s. 6d., d.w. basis, net terms, March 1-10 ;
Wilmington, 1,096 net, Liverpool or Bremen, 42s. 6d.,
February ; Buenos Ayres, 5,600,10 per cent., United King-
dom-Continent, 26s. o.c., option Barcelona (c.p.d.), or
Marseilles direct, 28s., February 20-March 15 ; 5,000, 10 per
cent., Glasgow, 25s., ppt. ; Buenos Ayres or La Plata, 5,500,
10 per cent., United Kingdom-Continent, 26s. o.c*, less 6d.,
option Genoa 2s. 6d. extra, February-March 15 ; 6,500, 10
percent., Barcelona, 28s. 6d., c p.d., February ; 4,200, 10 per
cent., United Kingdom-Continent, 26s. o.c., less 6d., option
San Lorenzo loading Is. 6d. more, option Mediterranean
discharge, 2s. 6d. extra one port, 3s. 3d. extra two ports,
February 10-March 10; Aguilas, 4,100, Rotterdam 6s., ppt.;
Huelva, 5,000, Northern States, 9s. 7|d , Tinto terms; 4,200,
Baltimore, Ils., f.d., March 1-15; Barreiro, 1,900, Rotterdam,
6s. 9d., February 24; Bilbao, 3,400, Rotterdam, 5s. 3d.,
February ; 3,200, 5s. 3d., ppt.; 2,600, Middlesbrough, 5s. 9d.,
ppt.; 1,700, 5s. 9d., February; Bahia Blanca, 4,800, 10 per
cent., United Kingdom-Continent, 26s. 3d. o.c., less 6d., ppt.;
5,100, 10 per cent., 27s. o.c., less 6d., March 30 ; 6,300,10 per
cent., 27s. 6d. o.c., no reduction, February-March; 7,000,
Mediterranean, 30s. one port, 30s. 6d. two ports, 31s. three
ports; Gulf timber port, sail, 10|dols. Rio de Janeiro;
Seriphos, 4,500, Glasgow, 8s. 3d.; 3,500, 7s. 9d., ppt.; New
York, 24 c., Algeria; time charter, 9s. 3d., one trip, Balti-
more or Virginia to Mediterranean ; Eupatoria coast, 4,500,
Riga, 17s., salt, mid-February ; Kurrachee, 1,916 net, United
Kingdom-Continent, p.p., 20s. one port, 20s. 6d. two ports,
less 2 per cent., end February ; Portland, Me., 25,000 qrs.,
10 per cent, Avonmouth, 3;'., March ; San Lorenzo, 5,200,
10 per cent., United Kingdom-Continent, 26s. o.c., less 6d.,
March 1-22 ; 4,100, 10 per cent., 26s. o.c , less 6d., March 5;
4,500, 10 per cent., 27s. o c., less 6d., cancelling March 23 ;
Rivadesella, 1,600, Middlesbrough,7s., February; Bordeaux,

2.400,	Cardiff, 6s. 3d , spot; nitrate ports, sail, 30s., United
Kingdom-Continent, August-September; 28s. 3d.,November-
December; 29s. 6d., September-October; Bombay, 24s. 3d.,
United Kingdom-Continent, two p.p., on d.w., March ;
Pensacola, 1,450 stds., London, 115s., March-April; Limiona,
7s. 6d., Glasgow ; time charter, Mediterranean trade, 5s. 3d.,
one round trip, delivery Wales, re-delivery U.K.-Cont.;
Novorossisk, 1,982 net, West Italy, 14|fr. one port, 14|fr.
two ports, 15 fr. 'three, February; South Australia, 2,469
net, United Kingdom-Continent, 38s. 9d., March; Colastine,

4.400,	10 per cent., United Kingdom-Continent, 25s. 6d. o.c.,
less 6d., March-April; Curtiembre, 4,200, 10 per cent.,
United Kingdom-Continent, 29s. o.c., less 6d., completing
below Is. less, March; Boston, Mass., 28,000 qrs., 10 per
cent., Copenhagen, 3s. 4|d., March; Galveston, 5,500,
Bremen 18s., Hamburg 18s. 6d., net form, ppt.; Carthagena,
4,300, Emden, 5s. 9d., 1,000-1,000, ppt.; Hornillo Bay, 5,800,
Rotterdam, 7s. 6d., ppt.; Newcastle, N.S.W., sail, 53s ,
West Coast South America and home to United Kingdom-
Continent; Portland, Or., sail, 33s. 9d., United Kingdom-
Continent, wheat, re-charter; time charter, New York to
River Plate, 7s. 6d., one^trip; Gulf, 60s,, United Kingdom-
Continent, two ports loading, February; Torrevieja, 10s.,
Calcutta, salt, March; Saigon, 6,500-7,000, Hamburg,
37s. 3d., rice meal, March-April; Santa Fe, 3,600, 10 per
cent., United Kingdom-Continent, 29s. o.c., less 6d., com-
pleting San Lorenzo Is. less, ppt.; Bahia Blanca, 2 705 net,
United Kingdom-Continent, 27s. 6d. o.c.. less 6d., February-
March 15; 2,433 net, 27s. o.c., less 6d., March ; 5,200, 10 per
cent., 21s. o.c., less 6d., cancelling March 31; Sapelo,
650 stds., 10 per cent., United Kingdom-Continent, 112s. 6d.
one port, 115s. two ports,March; Lisbon,2,100, Oslebsbausen,
5s. 3d , February-March ; Carthagena, 3,600, Middlesbrough,
6s. 9d., February ; Villaricos, 3,000, Rotterdam, 8s., f.t.,
February; Honaine, 5 500, Herrenwieck, 8s. 6d., February;
La Goulette, 3,000, West Hartlepool, Middlesbrough or
Jarrow, 9s., f.t., ppt.; Baltimore, sail, 13 dole., Buenos
Ayres; Baltimore, 3 dols., Martinique,end February; time
charter, States and West Indies, 6s. 4|d., one round trip;
5s. 6d., three or four months.

seen by United Kingdom makers of tin-plate, at the
Commercial Intelligence Branch of the Board of Trade, 73,
Basing hall-street, London, E.C.

Derby, February 19. — Turbo-alternator. — For one
2,000 kw. turbo-alternator, for the Corporation.

Finchley, February 17.—Engine.—For one 300-brake
horse power, two or three-cylinder, oil engine, speed not
exceeding 180 revolutions per minute, coupled to a 200-kw.
E.C.C. generator, for the Urban District Council.

Hornsey, February 24.—Meters <fyc.—For (1) electricity
meters; (2) cables, cable stores, &c., for the Corporation.

London, February 18.—Bridge Girders.—For about
125 tons of steel bridge girders and other iron and steel
work of British manufacture, for the Directors of the Great
Western Railway Company.

London, February 28.—Rails and Fishplates.—For the
following rails and fishplates, for the Agent-General for
Victoria, Australia:—Contract No. 24,472, approximately
7,888 tons of 80 lb. steel rails; Contract No. 24,472, approxi-
mately 704 tons of steel fishplates for 801b. rails.

Manchester, February 20.—Air Compressor.—For one
vertical compound steam-driven two-stage air compressor,
with surface condenser, coolers, pipes, valves, &c., for the
Waterworks Committee of the Corporation.

Newcastle-on-Tyne.—Jib Crane.—For 10-ton single
motor jib crane, travelling, lifting and slewing about 16 ft.,
overhead trolley, 110 volts continuous current, 4 ft. 8| in.
gauge. Apply for particulars to C. A. Parsons and Co.,
Heaton Works, Newcastle-on-Tyne.

Oldham, February 21.—Motor Alternators.—For two
500 kw. motor alternators, for the Corporation.

Rochdale.—Turbo-alternator, <Sfc.—For the following, for
the Corporation: Contract A 69, engine room extension,
new boiler house, &c. (1913) ; Contract A 70, turbo-alter-
nator (1913) ; Contract A 71, turbo-alternator condensing
plant (1913) ; Contract A 72, motor-alternator (1913) ;
Contract A 73, water-tube boilers and boiler house equip-
ment (1913).

Wellington (New Zealand), March 26.—Hoop Steel,
fyc.—Tenders are invited by the Wellington Harbour Board
for the supply and delivery of 277| tons of hoop steel and
3 tons of cast iron studs for wool-pressing purposes. A copy
of the specification and form of tender, together with a
sample stud, can be seen by makers in the United Kingdom
at the Commercial Intelligence Branch of the Board of
Trade, 73, Basinghall-street, London, E.C.

GONTRKCTS OPEN FOR COAL ARD COKE.

For Contracts Advertised in this issue received too late for
inclusion in this column, see Liadib and Last Whttv
pages.

Abstracts of Contracts Open.

Andover, February 24.—For 100 tons of best quality
unbroken large coke and 70 tons of best quality large
Cwmamman or Dowlais Merthyr steam coal, for the Cor-
poration.

Castlerea (Ireland), February 22.—For 7 tons of best
Wigan house coal (screened), for the Guardians.

Leeds, February 19.—For steam coal (small slack,
smudge, or similar material), for the Corporation.

Leith, February 17.—Alternative tenders for the supply
of (a) 2,500 tons washed singles, or (b) 10,000 tons washed
singles, for the Corporation.

Londonderry, February 21.—For coal, for the Com-
mittee of Management of Londonderry Asylum.

London, February 20.—For about 300 tons of Cambrian
mercantile coal, for the St. Mary, Islington, Guardians.

Rathmines (Dublin), February 18.—For 1,800 tons of
coal for use in their electric light works, for the Rathmines
and Rathgar Urban District Council.

Valletta (Malta), February 20.—For 3,000 tons of
coal to the Government of Malta.

The date given is the latest upon which tenders can be received,

CONTRACTS OPEN FOR ENGINEERING, IROi
ARD STEEL WORK. Ac.

Alnwick (Northumberland), February 22.—Pumping
Machinery.—For two shunt-wound direct-current motors of
50 E H.P. and two horizontal treble ram pumps, each
capable of delivering 12,000 gallons per hour, together with
the necessary connections, switchboards, &c, complete, for
the Urban District Council.

Bucharest (Roumania), February 26.—Tin-plates.—
Tenders are invited by the “ Regie des Monopoles de FEtat
Roumain ” for the supply and delivery of about 103 tons of
tin-plates. A copy of the specification (in French) can be

COAL. IRON AND ENGINEERING COMPANIES.

Bee, Bingham and Co. Limited.—This private company
has been registered with a capital of £20,000 in £1 shares,
to carry on the business of coal merchants and contractors,
colliery owners, wagon builders and owners, dealers in coke,
fuel, bricks, lime, &c., to acquire the business carried on at
Doncaster as Bee, Bingham and Co., and to adopt an
agreement with E. L. Bingham and R. Kinnear. The first
directors are E. L. Bingham and R. Kinnear (both
permanent, subject to holding .£3,000 shares). Solicitor,
A. Taylor, 23, Priory-terrace, Doncaster.

Bessemer (Henry) and Co. Limited.—The net profits for
1912 were .£32,236, and .£50.858 was brought forward. It is
proposed to write off for depreciation .£7,000, and pay a final
dividend on the ordinary shares of 7| per cent., making
10 per cent, for the year, and leaving .£58,594 to be carried
forward. Mr. Joseph Barton, after service of more than
50 years, has retired from the board.

Beyer, Peacock and Co. Limited.—The report states that
there was a profit on the trading for the year of .£50,552.
The amount brought forward was .£1,205. To this must be
added, after allowing for interest on the debenture stock
and reserve for depreciation, the net profit on revenue of
.£26,834, making a total of £28,040 for disposal. Deducting
from this sum .£8,250, the dividend on the 5| per cent,
cumulative preference shares paid on July 21, 1912, there
remains a balance of .£19,790. The final dividend on the
preference shares, amounting to .£8,250, was paid on
January 22, 1913, thus leaving a balance to be dealt with
of .£11,540. The directors recommend a dividend at the
rate of 5 per cent, for the year on the ordinary shares, free
of income-tax, leaving to be carried forward £1,540.

Birmingham Railway Carriage and Wagon Company
Limited.—The report for the year ended December 31 last
shows that after charging interest on debentures and
interim dividend paid, there remains an available balance
of £88,375. After allowing for preference dividend the
directors recommend a dividend of 12| per cent, per annum
on the original capital for the half-year, making 10 per
cent, for the year, and a bonus of 5 per cent, for the year;
to carry to reserve fund £20,000; write off for depreciation
of buildings, plant, &c., £15,000; leaving to the credit of
the revenue of the current year £35,193. Loans on deben-
ture now stand at £22,400, £150 became due and has been
repaid during the year. The company’s wagons are all let
at the present time.

Briggs (Henry) Son Co. Limited.—The directors have
declared interim dividends of 15s. per share on the A shares
and 10s. per share on the B shares, both free of income-tax.

Bristol and South Wales Railway Wagon Company
Limited.— Usual dividend of 10 per cent, for the year, with
a bonus of 6d. per share.

British Chain Manufacturing Company Limited.—This
company has been registered, with a capital of £60,000 in
£1 shares (34,000 preference), to act as chain, iron and steel
manufacturers, ironfounders, engineers, machinists, &c., to
acquire the business carried on by the British Chain Manu-
facturing Company Limited at South Hylton, near Sunder-
land. The first directors are : Mr. G. H. Rankin, Glasgow ;
Mr. M. C. James, Cullercoats; Mr. T. M. Turnbull. Whitby;
Mr. T. Eyton, sen., Newcastle-on-Tyne; and Mr. R. S.
Bagnall, Oxford.

British Wagon Company! Limited.—The report of the
directors states that the profits for the year, added to the
balance brought forward from last year, amount to
£65,805 9s. 5d., out of which debenture and other interest
has been paid, amounting to £41,390 16s. 5d., and it is pro-
posed that the balance should be applied as follows :—In an
interim dividend, paid July 31 last, of 4s. per share on the
shares with £3 paid up, and of Is. 4d. per share on the
shares with £1 paid up, less income-tax, £8,161 12s. 2d.; a