BRITAIN TO BUY COAL ABROAD
STOCKS LOWER THAN EXPECTED LONDON, November 20. The Minister of Fuel (Mr Philip Ncel-Baker) announced in the House of Commons that British stocks of coal were 700,000 tons less than had been expected at the end of last month. “Britain will spend 20,000,000 to 25,000,000 dollars on coal from the United States and Poland during the coming winter,” says the “Daily Express.”
“Experts estimate the winter’s demand for foreign coal at 2,000,000 tons, which means that the present fuel crisis will cost nearly three times as much in imported coal as the crisis three years ago.
“The foreign coal is needed to meet the demands of the Home fires and will not he re-exported. After Christmas, household supplies will depend on the weather.
“Britain is buying coal,” says the “Daily Express,” “so that the National Coal Board can keep its own markets at prices up to 25s a ton higher than at Home. The Coal Board fears that markets freed now to foreign competitors may be lost for ever.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19501122.2.75
Bibliographic details
Ashburton Guardian, Volume 71, Issue 36, 22 November 1950, Page 8
Word Count
174BRITAIN TO BUY COAL ABROAD Ashburton Guardian, Volume 71, Issue 36, 22 November 1950, Page 8
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in