STATE COAL.

Dominion, Volume 1, Issue 258, 24 July 1908, Page 8

STATE COAL.

THE YEAR'S FIGURES. f , :c,'f he ! . report..'on.. the,working of •.the' State; coal-miiics- for tho, yonr ended March last' shows .that thei total quantity of coal shipped, including . i briquettes' ■ and' . eggettes, was 237,309 tons, ralued at £199,259. ! ■ i\ . The values of: the quantities'supplied from * the ' Point; Elizabeth;. Colliery 'were^as..;fol- 1 ' low £88,497.;' privat.e.\customers and shipping companies,: £35,95 i; - Govern-' ... • ment!; Departments: . other than Railways', . £41,493; maKng "a: total; of £165,943. '. . . The;values iof tho outputs from tho Sed-: *! donville: colliery were as followi—-Railways, £27,826; 'private" customers and ''shipping : companies,; £2779;, Government Departments v ■ other than;railways, £2709; .total' £33;315. It is : stated. that - the < i Christchnrch ; arid Wellington depot a did remarkably well. (11l r- -. . ing tho year, they " having 'iricrea'sed their; . sales by about ~' 8000 : tons . eachwhile ! at'- .: - AVangariui,. where a, depot had been estab- : . lished for eleven months, some 4500 tons ■'of coal had been disposed of. Vv "It is intended," says the report,, "to extend this class of . business where the circumstances warrant tho' establishment of depots, and an: endeavour is ■ being, inade to arrange with municipal, bodies to. undertake tho sale and distribution of coal in localities - where State depots'.could ; not be run!'with! ■ financial success." . ■■■' i _ The accounts of tho, Point Elizabeth colliery'show,a Inet profit of £15,481; for tho lear, whilst the Seddonville colliery'shows a ■ loss (including £1125 on,tho briquette plant) of . £5580. The net profit on the working, oftlic Wellington depot was.£29l, and on-the. ■ Christchurch; depot it was £417. . ! , Tho "Wanganui depot; showed a loss of £159. The net profit for the year on tho entire accouut is shown as £8440.