730 THE COLLIERY GUARDIAN April 13, 1917. fairly uniform, but it was not possible to establish a correlation between the individual coal seams of the various basins. During the deposition of the lime- stones and the “ black metals,” the conditions in each of, the basins must have been somewhat similar, and it was reasonable to suppose that the basins were then connected. This would point to uniform subsidence over the whole district while these beds were being formed, and was rather against the theory of deep- seated cores. It was difficult to see how the rigidity due to the supposed cores could have been alternately operative and inoperative. Again, it was undoubt- edly the case that the correlation of the coal seams of the coal measures series could be established with a reasonable degree of certainty. This fact would indi- cate that in the coal measures period the subsidences were more or less regular through the whole area of the central valley, and were not affected by the sup- posed cores. Mr. Ferguson had considered this aspect of the problem, and had put forward an explanation which appeared to be reasonable, but he (Mr. Dron) was not prepared to agree that this explanation covered the whole facts of the case, until he had an opportunity to make a more detailed investigation than was possible under the present circumstances. To his mind, the facts pointed more to fluidity than to rigidity along the ridges mentioned by the author. That was to say, the ridges, instead of being supported by rigid cores, might rather have been zones of more or less fluid strata, which were being forced upward by the weight of the accumulating deposits in the adjoining basins. This feature was well known in such great marginal areas as the West Coast of South America. These scientific theories had a most impor- tant economic bearing on the future of the Scottish coal and iron industry. The development, or at least the exploration of the carboniferous limestone series of coals in the Clyde Valley area, could not safely be delayed much longer. The great additions which were being made to the iron and steel works in Lanarkshire had made the early consideration of this question more imperative. One of the most urgent requirements for the future success of these works was the supply of suitable fuel at reasonable cost. The Lanarkshire splint coal, on which the Scottish blast furnaces were established, was almost exhausted, and it must be replaced by coals from which coke could be manufac- tured. Whatever the reason might be, the carboni- ferous limestone series in the districts to the north and east of Lanarkshire contained coal seams, with coke making qualities, such as were not found in the coa] measures seams at present being worked in the Clyde Valley. In the Glasgow, Cleland/Airdrie district out- lined by the author, the carboniferous limestone coal seams, which were probably of coking quality, were lying at a workable depth. When collieries for work- ing these seams were established in proximity to the iron works, the whole value of the by-products and the oven gases would be recovered in the most economical way. If Mr. Ferguson’s explanation of the thinning- out of these seams in the area between Lesmahagow and East Kilbride was correct, the expectation of find- ing them of good quality and thickness in the Clyde Valley area was much enhanced. The only way to settle this question was by a series of deep bores. Hitherto one of the chief difficulties had been that the coal field was divided among numerous small lease- holders, and a combined scheme of boring had not been practicable. This was clearly a subject which should be dealt with by the State, now that it had become the owner of all the collieries. In relation to the interests which were at stake, the expenditure on the necessary bores would be quite insignificant. During the last three years there had been a great awakening as to the duties and responsibilities of the State. As matters now stood, it would be quite easy for the Government to extend its operations of control so as to take posses- sion of the deep seams in an area of about 50 square miles-—an area which probably contained four or five hundred million tons of coal. Having proved this area by deep boring, arrangements could be made to lease it out in large blocks on terms which would be fair and equitable to the present owners. Considering the amount of capital involved in the iron and steel industry, and the importance of putting the fuel supply of these works on a sound basis for the future, it seemed to him that this was a subject which should receive most earnest attention. Regarding . the theories which the author had put forward about the origin of coal seams, he (Mr. Dron) did not wish to discuss the subject at this time beyond stating that, in his opinion, sufficient evidence had not been put forward to disprove the in situ theory. Mr. James Black (Shettleston) said that the amount of discussion that had taken place on this paper was nothing like commensurate to its worth, and he trusted the author would view the situation in its true perspec- tive, and not consider the members of the institute either unappreciative or ungrateful. The paper was one which most of them were quite content to learn from without feeling the least disposed to be critical. Personally, he had studied the paper carefully, and he had learned a great deal from it regarding the form and structure of the coal fields of Scotland. The geological investigator was often to a great extent dependent for his calculations upon circumstantial evidence; indeed, there was probably no other prac- tical science in which conjecture was so frequently requisitioned. The consequence was that unless the investigator was a geologist of great experience, he might end, in many cases, in formulating wrong theories. The various theories advanced by the author, however, were so forcibly and logically expounded as to be almost incontrovertible. That part of his paper which dealt with the deposition of coal in past years was particularly worthy of- note, and his treatment of the subject formed a striking contrast to that usually given in the ordinary text-books. Two theories were advanced, and both of them by eminent authorities, to account for the deposition of coal. Mr. Ferguson seemed to be a strong advocate of the drift theory, because, as he explained, the in situ theory was only consistent in a small percentage of cases. No doubt the trend of modern opinion favoured that view to which the author inclined. Mr. Ferguson had undoubtedly contributed largely to the wealth of their knowledge on the form and structure of the coal fields of Scotland, and for a long time to come his paper would form a standard work of reference on the subject. The President, touching upon the views the author had expressed in relation to the drift and in situ theories, said he did not altogether endorse Mr. Ferguson’s conclusions on that point. It did not appear to him that the rate of subsidence was so uniform in the carboniferous limestone series as in the coal measures series. Further, it was rather difficult to imagine that drifting could take place to the extent Mr. Ferguson suggested, without destroying the uniformity in the seams. Mr. J. A. Masterton, H.M. inspector of mines, enquired whether this paper would remain open for further discussion. The President having replied in the affirmative, the meeting terminated. BOOK NOTICES. The Mining Manual and Mining Year Book, 1917. By Walter R. Skinner. 960 pp. 8^ in. x 5|in. London : Walter R. Skinner, 11-12, Clements-lane, E.C.; and Financial Time's, 12, Coleman-street, E.C. Price, 15s. net. The present issue of this useful manual is the 31st consecutive yearly issue of a publication which has long been recognised as the standard reference work on mines. It is pointed out in the preface that the war, widespread as are its consequences, has only indirectly affected the operations of mines known to the British public. As might have been expected, from the Treasury restrictions on company promotion during the war, there have been but few new mining flotations during the past year. A useful principle followed by the compiler has been to keep continually in touch with a company from its birth until its demise. To maintain this policy, but at the same time to avoid the work becoming unwieldy, the supple- mentary index (which is separated from the index proper and placed at the end of the book) fulfils a valuable function. The supplementary index con- tains the names of those companies which, although still in existence, have either ceased to be of public interest, or are in too dormant a state to justify their inclusion in the body of the work. By turning to that one of the previous volumes set opposite the respective names of such companies, sufficient infor- mation for most practical purposes can be obtained. Thus, while full particulars are supplied in the 1917 edition of the Mining Manual and Mining Year Book of 1,710 companies, the supplementary index, with its reference to earlier volumes, covers no less than 2,286 additional companies. By a glance through the two indices, an executor or a solicitor engaged in winding- up an estate is able with the least possible labour to ascertain whether old mining scrip represents a pro- perty still in being, or whether the mine may be assumed to have gone into liquidation or been struck off the register of joint stock companies. By this ingenious plan, each Mining Manual preserves its utility even after the issue of a new volume; and a file of these yearly volumes becomes a valuable store- house of information, which, instead of being buried, as so often happens in the case of many out-of-date annuals, is always readily accessible. There are no important innovations in this year’s production, which retains all the valuable features which, as a result of long experience, have been from time to time initiated. The Mining Manual and Mining Year Book has become a recognised indispensable work of reference for mining engineers, stock brokers, mine managers, bankers, mining investors, solicitors, and everyone interested in the mining industry. It contains par- , ticulars, alphabetically- arranged, concerning 1,710 companies operating in all parts of the world—gold, diamond, silver, copper, tin, iron, and other mines, collieries, exploration and mining investment com- panies, with supplementary index giving the names of private, dormant, or companies that have ceased to be of public interest. The particulars of each com- pany include’the directors and other officials, date of establishment, seat of operations, description of the property, purchase consideration, plant erected or in course of erection, present working results, ore reserves, details of capital, calls, dividends paid, and the financial position as disclosed by the accounts, also highest and lowest prices of the shares for the last four years, and the latest price. Crushing returns and gold outputs from the principal mines are given, showing tons treated monthly, results obtained, and yield per ton, also annual yields. There is also a com- plete list of directors (3,925) and secretaries (890), with their addresses and descriptions, and names of the companies with which each particular director or secretary is connected. In addition to this, the work contains the names and addresses of 1,040 mining and consulting engineers, mine managers, and agents, with names of the various companies in which they are referred to throughout the book; the nature of their connection with such companies can be ascertained by turning to the companies mentioned. Finally, atten- tion is called to the dictionary of mining terms. The use of technical phraseology in mining reports is a frequent source of trouble to the investor, but by refer- ence to the dictionary of mining terms the full mean- ing of each term can be grasped, and the progress of mine development intelligently followed. The dic- tionary, which contains 437 mining terms, is the most up-to-date, and for its scope the most complete glossary published. An appendix will be found also in the Manual con- taining the latest registrations of new companies and other particulars completing the information in the body of the work to within a few days of publication. The style of the book is too familiar to need further description. Hayward’s Percentage and Discount Tables. By J. G. Hayward, l per cent, to 30L per cent.; with an addi- tional table for 40 A per cent, for colliery use. 4^in. X 4^ in. Part 1, 6d. net. Ditto, Parts 1 and 2, including Percentages of the Maximum and Minimum Wage, Is. net. Newport (Mon.) : Southall and Com- pany Limited. These tables are well known as aids for the calcula- tion of colliery wages. The 40^ per cent, table has been inserted particularly for the use of colliery offi- cials and employees. It is an additional advantage that the percentages of the maximum and minimum wage have been certified by Mr. C. E. Parsons, char- tered accountant and official auditor of the Miners’ Federation. To provide for the 7J per cent, for lamps which is given in some collieries, an additional number of tables have been inserted. Pay clerks will find their calculations greatly simplified by the use of these tables, which are thoroughly trustworthy, and excel- lently printed in black and red. The tables are capable of being used beyond the given range by the simple process of addition. THE AMERICAN COAL TRADE. A sharp break has occurred in bituminous price.-] (says the Coal Age of March 31). Supplies are suffi- cient to meet immediate requirements, but there is still enough uncertainty to cause uneasiness. Along- side Boston the quotations for Clearfield coal is 8 to 8*75 dols., and for Cambridge and Somerset 8-50 to 9 dols. f.o.b. Pocahontas and New River are quoted at 5-50 to 6 dols. f.o.b. Norfolk and Newport News, Virginia, for spot coal, and 10 to 10-50 dols. on cars Boston or Providence for inland delivery. Following the settlement of labour troubles, prices in Philadelphia declined to 5-75 to 6 dols. for Georges Creek Big Vein and South Fork Miller Vein, 5-25 to 5-50 dols. for Clearfield (ordinary) and Somerset (ordi- nary), and 4-50 to 4-75 dols. for Fairmont mine-run and slack. Baltimore reports a comparatively light demand. Quotations at the mines for delivery to the trade are about as follow: Georges Creek Tyson, 4*75 dols.; Somerset, 4-25 dols. ; Quemahoning, 4-50 dols.; Clear- field, 4 to 4-25 dols. ; Freeport, 4 dols.; Fairmont gas, three-quarter, 4-25 dols. ; run-of-mine, same, 4 dols. ; slack, same, 4 dols. An improvement in car supply and general trans- port has affected prices at Hampton Roads. Contract prices for Pocahontas and New River run-of-mine for the year beginning April 1 range from 3-25 to 3*50 dols. per net ton f.o.b. mines. Two colliers, “Ulysses” and “Achilles,” are being converted to oil burners. The Palmer fleet of schooners, well-known in the coal trade, is said to have been sold for 500,000 dols. The full summer discount of 50c. is now allowed on anthracite domestic sizes, greatly to the surprise of the trade. The Philadelphia quotations for shipment in April are as follow:—Egg, 3-65 dols. ; stove, 3-60 dols.; nut, 4 dols.; pea, 2-30 dols. Following the usual practice, the discount will be eliminated at the rate of 10c. per month until the full winter circular is in effect, as follows:—Egg, 4-15 dols.; stove, 4*10 dols.; nut, 4-50 dols.; pea, 2-80 dols. With all prospect of severe weather past, the dealers here practically cancelled all their orders for the pre- pared sizes, such as egg, stove, and nut. Freight rates are 55-20 to 62-40 dols. for West Coast of Italy and Marseilles, and 27-60 dols. for Spanish (Atlantic) ports. Spot coke is weaker, owing to better supplies, but furnaces are not obtaining all they need. A movement is on foot to suggest to the Coal Controller that all coals should be sold by their colliery name, and not as Derby brights, or house coal, or cobbles, etc. Coal Controller and Merchants’ Profits.—At the request of the Controller of Coal Mines, a meeting was held on Wednesday at the Cannon-street Hotel, E.C., under the auspices of the Railborne Coal Factors’ and Wholesale Merchants’ Association, to consider the agreement with the Board of Trade as to the margin of profits. Three definite allegations had been made before the meeting to the effect that colliery companies are charging more than the recognised 4s. advance on pre-war prices; that factors and merchants are passing coal through the hands of two or more persons, and the recognised Is. 6d. per ton extra has been thereby increased very considerably; and that coal usually sent to London has been diverted to shipping centres, in order that the higher prices permissible might be secured, thereby robbing the London area of its legiti- mate quantity of fuel. Mr. George Rose (Myers, Rose and Company), president of the association, presided, and there were present nearly 120 members of the association and outside merchants, representing the leading wholesale houses. A resolution was unanimously passed confirming the basis of agreement with the Board of Trade, and deciding that the existing margin of profits shall be main- tained during the continuance of the war.