COST OF COAL.
REVENUE UNDERESTIMATED,
LONDON. February 12.
In accordance with the promise made by Mr. Lloyd George to the Miners Fedefation, the report of the accountant Anointed by the Government to mves_S"S finances of the coal industry has been issued. In the report he finds that the estimates on which the increase f the Price of coal by 6/ a ton, subsent to the reduction by 10/ a Jon, L„* was underestimated to the exWof aW £30,000,000 due to under- , vS. nf evnorts and bunker coal. He valuation of e *P° r ; ncrcase of 3/ per ton ?"_£ of have sufficed, and instead 01 <v _ surplus on next of £6,000,000, whereas the March 31 ***£_ **__-_' the n et profit
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Bibliographic details
Auckland Star, Volume LI, Issue 38, 13 February 1920, Page 5
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118COST OF COAL. Auckland Star, Volume LI, Issue 38, 13 February 1920, Page 5
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