July 16, 1915. 121 THE COLLIERY GUARDIAN ________________________________________________________________________________ are firmer, on the basis of 158 mk. for ordinary, and up to about 190 ink. for better qualities, ex works. The demand for bars and girders for building purposes suffers from the stagnation in the building trade; and no revival in this respect is to be expected for the present. Never- theless, on account of the increased cost of production, the basis price has been raised to 138mk., ex Dieden- hofen, for delivery up to October 1. Rivets, bolts, screws, etc., are also dearer, but meet a ready sale. ____________________________ TRADE AND THE WAR. The attention of the St. Pancras Electricity Committee has been called to the very heavy increase in the cost of coal of about 50 per cent., which will have to be met during the ensuing year. This, with the general increase of prices of raw materials, will operate in adversely affecting the financial results of the year’s working of the undertaking. Hence an increase of 10 per cent, is proposed in the charges for current. Lord Aberconway, presiding at the annual meeting of Messrs. John Brown and Company, Sheffield, last week, said the company were in a very difficult position as regards the price of coal. They must not suppose that the coal owners were trying to force prices up; they did not want to force them up unduly. If they took the average price of their coal contracts standing on their books on March 31, the last day of the financial year under review, they would find they were only 7d. per ton higher than the prices of coal on their books 12 months before. And yet all costs had been going up. The cost of pit wood had doubled, the cost of stores had increased, wages were higher, and now the recent war bonus given to the colliers had come as a very, very serious charge on an output which, so far as prices went, had not yet fully responded to this increased cost. As an illustration, he said he had the previous day the figures of a colliery before him. He found that the war bonus to the men for the month amounted to nearly 1-3,000, and yet the total profit of that pit for the month was less than £200. Nobody could say the coal owner was walking off with the bulk of the profit in that case. A general meeting was held in Sheffield the previous day of a company that had been established seven or eight years, with a large capital, and had never paid a dividend; this year its profit for the first time amounted to the gigantic sum of £400. They saw coal owners had to take the rough with the smooth, and all they asked was that they should get a fair return on the capital interest. There were schemes afloat for reducing excessive coal profits. He did not know himself whether they were very practicable or not, but he thought the proposal to limit the export of coal to foreign countries would be useful in that direction. It had undoubtedly knocked down the price of steam coal very considerably, and quite rightly too, but he hoped, on the other hand, care would be taken not to limit exports to countries from which necessary supplies were imported. What they wanted was better working on the part of their men left behind—less absenteeism. If they would work their full time and increase the output of coal, and if the Government would judiciously limit export to neutral countries, he believed coal prices would fall to a perfectly reasonable level, the consumer would be satisfied, and the coal owner would simply make a fair profit out of the trade. A copy of a circular sent to Swiss users of dyestuffs in the name of apparently all the firms engaged in the aniline dye trade in Germany illustrates the methods which the Germans are using to' bring pressure to bear on Swiss aniline dye manufacturers, indirectly through the Swiss users of dye- stuffs, with the object of stopping the export of Swiss manu- factured colours to this country. That object has been directly sought since the beginning of the war by the com- plete prohibition of the export from Germany of all possible raw materials that could be supposed to help the Swiss colour manufacturers, and the Swiss industry, as a matter of fact, has been kept working almost solely by British supplies of raw materials. The signatories demand that the production of dyes in Switzerland should be used in the first place to cover home requirements, and they refuse to execute further deliveries of dyes until absolute guarantees .are given against direct or indirect export of colours from Switzerland to Germany’s enemies. This refers also to all chemical pro- ducts which are in any way used for the manufacture of colours. Reporting to the Lambeth Borough Council recently as to the suggestion of the London County Council that public authorities might buy coal in the summer to sell in the winter to traders engaged in supplying small consumers, as it is believed that this would have a salutary effect in steady- ing prices, the General Purposes Committee stated :—“ With regard to the suggestion contained in the letter from the London County Council, it must not be forgotten that if the Borough Council were to purchase coal during the summer, to be sold during the winter, the cost of carting the coal from its storage place to the traders’ yards would have to be added to the price paid for it. Moreover, it does not appear certain at the present moment as to whether the Borough Council is legally empowered to take such a step. We think, there- fore, that the better course at the present juncture will be for the Borough Council to adjourn the consideration of the County Council’s proposal until later on, when the action of the Government shall have been determined.” This report was adopted without comment. It has come to the notice of the Home Secretary that some misunderstanding prevails as to the effect of the new regu- lations under the Defence of the Realm Acts, providing for exemptions from the Factory and Workshops Acts. The effect of the regulation is not wholly to exempt any factories from the protective provisions of those Acts, but to place the factories to which it applies in the same position as Crown factories and factories where Crown work is being done. That is to say, during the present emergency, exemptions, which must be applied for in advance, may be granted in regard to specified provisions of the Acts by order of the Home Secretary. If the occupier of any factory can show that his work is required in the national interest, and that by reason of the loss of men through enlistment and their trans- ference to Government service, and of other circumstances arising out of the war, it cannot be carried on without some exemption, he should apply to the district inspector of factories. Mr. Lloyd George, at Llandrindod Wells last week-end, was among the guests at an impromptu concert arranged by visitors towards providing comforts for soldiers at the front. At the close, the Minister for Munitions proposed a vote of thanks to the chairman (Mr. Thomas, J.P., Ynyshir), and, alluding to his connection with coal fields, remarked that the Army needed coal just as much as the Navy, because it was required to provide them with arms and explosives. Unless they had sufficient of these, they had not an equal chance in the great struggle now proceeding. Colliers, said Mr. Lloyd George, had shown themselves almost too patriotic, and some of the thousands who had enlisted were being badly missed in the coal fields. According to what he had learned from the front, these miners had made magni- ficent soldiers, continually displaying courage that amounted almost to recklessness. He hoped the miners left behind would work harder than ever, so that their comrades in the trenches would never be short of material to fight with. There was a large attendance of shareholders at the statutory meeting of British Dyes Limited, held in Man- chester on Tuesday, and both the tone of the chairman’s speech and the demeanour of his hearers indicated renewed confidence and determination in the great work which has been undertaken with Government assistance. Mr. James Falconer, M.P., presided, and stated that they had already received in cash from paid-up capital on the ordinary shares, and on loan from the Government, a sum of £1,018,000. The preliminary expenses were roughly £9,000. This left £1,009,000 cash available, and out of that they had paid, or it was estimated they would pay, a sum of £422,000 for the purchase of the Read Holliday undertaking, leaving a balance cash capital of £587,000. Their uncalled up capital, however, was £492,000, so that their total cash resources now amounted to £1,079,000. With regard to what had been done by the company at the Read Holliday works since they entered into possession, he remarked that they had already doubled the output in weight of dyes, compared with the average last year, and there was now in course of erection plant, which had almost entirely been delivered, which it was hoped would further- largely increase the output and produce a greater variety of dyes. But while this looked like a big step forward, it was, after all, but a comparatively small proportion of the needs of the country in normal times. Everyone knew the extent to which the market had been dependent on supplies from Germany, and therefore would not be misled into believing that the increased output at the Read Holliday works would be anything like adequate. Touching on the question of Swiss supplies, and Germany’s threat to withhold supplies from Switzerland if exports were made to England, the chairman acknowledged the friendly business relationships which had existed between the Swiss makers and their British customers in the past, and said he thought a threat of the kind mentioned, coming from Ger- many, was not likely to be received with favour in Switzer- land. With regard to the future policy of the company, he reminded the meeting that they had two objects in view :— (1) to deal with the existing emergency, and improve it as far as possible; and (2) to lay the foundation for a national supply of dyestuffs, so that in the future, permanently, they would be independent of a German supply. As to the first object, it was of prime importance to secure a supply of dyes for the country. Profits were a secondary consideration. The directors were satisfied that, besides the present extensions, they must establish new works, and set up an organisation capable of the best that could be done. Although there were difficulties as regards materials and plant, they did not con- sider those difficulties insuperable in respect of a large number of the products. Some it might not be possible to make until the war was over, but, as regards the bulk, according to advice received, they would be able to manufacture them during the course of the war, subject to possible delays in the matter of plant and some material. As to the question of a permanent supply, this, he admitted, was undoubtedly one of real difficulty. The directors, however, had resolved to.make a beginning, and they proposed to establish the best organisation for the purpose which could be found in the country. It was very largely a scientific question, and it was also an important practical question. The organisation would consist, in the first place, of a research department, for which they had a grant from the Government, and they had invited to become the head of that department, with the unanimous approval of the scientific experts consulted, Prof. Morgan, of the Royal College of Science, Dublin, who had had experience in the actual manufacture of dyes, and had, in Dublin, largely devoted himself to laboratory work on dye manufacture. In addition, they proposed a technical com- mittee of the four experts whose names had already been announced, who combined practical experience with theoretical knowledge. And as, in order to keep the lead, it was necessary to have constant research and a well-trained staff of chemists in the works, the heads of a number of university departments had been invited to form an advisory council. In addition to the company’s own research depart- ment, and separate laboratories in the works, he proceeded, it was proposed to take advantage of special arrangements in existence at the Leeds University in connection with study and experiment in the manufacture of dyes. On the subject of new works, he intimated that a site would soon have to be selected, for the directors were resolved to lose no time in the erection of new plant. ________________________________ Sulphate of Ammonia.—As was recently foreshadowed, there has been a substantial hardening of prices, even though the upward tendency has been manifested for some weeks past. In forward the position is very strong, and it remains to be seen whether the recent advances will accelerate American demands, since £14 17s. 6d. has been paid up to December. Closing prompt prices are :— Rise ( + ) or fall(-) on the week. London (ordinary makes) .... £14/17/6 ... +2/6 Beckton (25 per cent.) ...... £14/5 ... +7/6 Liverpool ................. £14/15 ... +2/6 Hull .................................... £14/12/6 ... +2/6 Middlesbrough ............ £14/7/6 ... +5/ Scotch ports ............. £15/—£15/10 ... +10/ Wales .................... £14/7/6 ... +7/6 Nitrate of soda (ord.) per cwt. 12/lj ... + /1| [Sulphate of ammonia, f.o.b. in bags, less 2| per cent, discount; 24 per cent, ammonia, good grey quality; allowance for refraction, nothing for excess.'] THE BY-PRODUCTS TRADE. Products. — There has been an advance and other grades continue firm. The weak Tar benzol, to be found in crude carbolic acid, which is the turn easier, although there has been no change in crystals. Other pro- ducts are all steady, and prices are well maintained. Nearest values are :— Benzols, 90’s ..... ............... ............................ 90’s North ............... 50’s ,, in 90’s point is ______ Trade Notes. The American market for sulphate of ammonia is just now of considerable interest, and also the estimation of proba- bilities of some moment. America is a big buyer, and of late has been holding off in a very marked way. There are various things that will partly account for this, apart from the rumoured increasing home production. Perhaps it was only natural to assume that the spread of recovery coking plants would mean a corresponding yield of sulphate of ammonia, though benzol production wTas obviously the primary cause for these extensions. There is another aspect, however, which must not be lost sight of, and that is the amount of ammonia that has been diverted to the production of nitrate, for explosives, which is calculated to cause a decreased output of sulphate of ammonia to the extent of some 25,000 to 30,000 tons during 1915. Provided crop conditions keep something like normal, this should mean a quickened demand for sulphate of ammonia from Great Britain. If this is not reflected in our export returns before long, it will be necessary to look more widely and more care- fully into economic conditions. Seeing how sharply sulphate of ammonia is rising in price, if America means to buy British sulphate of ammonia, she should soon be in the market. War or no war, will Austria be wanting sulphate of ammonia shortly or not? The gas works of Austria have always been laggards in sulphate of ammonia production, and now their Minister of Agriculture is urging illuminating gas producers to instal sulphate of ammonia plant. He points out that the capital cost is low, relatively, and does not take long to erect and get to work. As an inducement, he projects the idea that their agricultural societies should contract for all the sulphate of ammonia thus produced locally. As far as supplying their wants in sulphate of ammonia, we are out of it for very obvious and just reasons, but what about plant? Will that now have to be made contraband of war? Once or twice the state of affairs in the vitriol trade of the Swansea district has appeared contradictory of late. Now, to all accounts, this trade is brisk, and supplies of raw material arriving more freely; yet in about a fortnight’s time the modern plant for the special production of sulphuric acid, known as the Bryn Chemical Works, Llanelly, is to be put up to auction. What is more, it is not, apparently, to be sold as a going concern, but piecemeal. If the Govern- ment had better technical advice, surely this works would even now be turning out much-needed acid. Is there any likelihood of its coming under Government control or subsidy ? Truly it is depressing to see such things in the face of the plain teachings of such competent men as Sir William Ramsay and others, and especially the very pointed remarks of one who should be the greatest authority on such matters, namely, H.M. Chief Inspector of Alkali (and particularly Acid) Works. He boldly states that if we are to be equipped for coming international competition, it is essential that pro- duction should be worked up to the highest efficiency as regards low cost and high quality. He unhesitatingly avers that the importance of the properly qualified chemist, and the requisite training of the technical chemist, is not so fully apprehended as it ought to be in “ many quarters both inside and outside the industry.” It is a national characteristic for each manufacturer to pursue his own course, but we now have an almost complete volte face in our national prospects, and he strikes a rightly warning note when he states the need of weighing “ with the utmost seriousness the advan- tages and disadvantages of the pursuit of traditional methods.” He admits it is difficult to bring into line the existing varying and conflicting interests, but can it be so very difficult, if we really are British subjects, with our nation’s welfare at heart? Surely if ever it is nowT time we took warning from the old French proverb of letting each one look after himself in isolation, because nowadays that ends in the cry of sauve qui peut, and it is well known that the corollary to that is, and the devil take the hindermost. The Board of Agriculture seems to be just about where they were six months ago in the matter of helping to estab- lish sugar factories and encouraging the cultivation of sugar beet. These perpetual don’t-know-where-’e-are answers in Parliament are becoming monotonous. There is cause to hope for satisfactory export returns for sulphate of ammonia during last month, as the total exports of manures show an increase of about £53,000. The Altna Chemical Company, of New York, which was the first to exploit the Rittman processes, has now blossomed out with a company at Montreal, where the manufacture of explosives will be the main objective. Returns for the week are :—Pitch, 66 tons, £257, 104 casks, 5 barrels: tar, 84,376 gals., £32 . 20 drums, 31 packages; tar oil, £377; benzol, 50 tons Dieppe; toluene, 48 drums; and sulphate of ammonia, 2,395 tons. Rise (+) or fall (-) on the week. ... 4-/01 /Hl—1/ /10|-/ll 1/3—1/4 2/4 3/5—3/6 1/4—1/6 Toluol Carbolic Solvent 190 degs.), as in quality and package Solvent naphtha, north (90% at 190 degs.), as in quality and package Crude naphtha, north (in bulk) .... Creosote (for ordinary qualities) .... Pitch (f.o.b. east coast) ........... ,, (f.a.s. west coast) ........... Tar (per ton ex works) ........... [Benzols, toluol, creosote, solvent naphtha, carbolic acids, usually casks included unless otherwise stated, free on rails at maker's works or usual United Kingdom ports, net. Pitch f.o.b. net.] acid, crude (60 per cent.)... crystals (40 per cent.) naphtha, south (90% at 2/1—2/2 ... 2/1—2/2 /6-/6f /3-/3| 22/—23/ 20/—23/6 21/5—25/3 ________________________________ Cardiff Coal Sales Decision. — The Cardiff Chamber of Commerce have resolved that after January 1 next coal sales be net cash at 14 days, or cash against invoice, less | per cent., at the option of the seller. The present system is net cash at 30 days or cash against invoice, less J per cent., at the seller's option, the bulk of the business being done on the latter basis.