COAL PRICES AT HOME.
PROTEST BY EXPORTERS
OUTPUT MAY CAUSE A GLUT. (Received 5.5 p.m.) London, August 3.—The Coal Exporters’ Association has written to Mr Lloyd George protesting against the present high prices of coal, which they declare are contrary to the spirit of the coal-strike settlement, under which the Government provided £lO,000,000 in order to enable the collieries to recover the home export trade. The Association maintains that there is a danger of a glut owing to the present high output, which may lead to short time at the mines and to the precipitation of another crisis. The Ministry of Mines points out that prices now are entirely a matter of supply and demand. The Board of Trade reports that the output for the week ended July 23 amounted to 4,332,000 tons, compared with 3,935,000 in the previous week and 4,284,000 during the corresponding week in 1920. There are still 131 coal mines idle, involving 26,000 men.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WAG19210805.2.42
Bibliographic details
Wairarapa Age, 5 August 1921, Page 5
Word Count
158COAL PRICES AT HOME. Wairarapa Age, 5 August 1921, Page 5
Using This Item
National Media Ltd is the copyright owner for the Wairarapa Age. 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 National Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.