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coal trade bulletin - Clpdigital.org

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48 THE COAL TRADE BULLETIN.<br />

cents per long ton. From these two South Wales<br />

ports yvere sent in 1913 to Bordeaux 349,000 tons,<br />

Rouen 207.00(1 tons, La Rochelle 53,000 tons,<br />

Nantes 159,000 tons, at freight rates averaging<br />

about $1.30, such rates at the end of February,<br />

1914, having fallen to $1 to $1.10. To Marseille<br />

yvere sent from Cardiff and Newport 789.000 tons,<br />

at an average freight rate of $2.10, compared with<br />

$1.54 in February, 1914.<br />

To Portugal, exclusive of its colonies, yvere shiplied<br />

in 1913, 1,200,000 long tons from the United<br />

Kingdom, of which 7S2.000 yvere sent from the<br />

South Wales ports. Part of this <strong>coal</strong> was delivered<br />

under contracts for state railways. For<br />

delivery in 1914 one contract for 93,000 tons of<br />

small steam <strong>coal</strong>s yvas closed in Cardiff in Dec-ember,<br />

1913, at $4.34 c. i. f. Lisbon. Freights aver<br />

aged $1.70 in 1913, but were nearer $1.30 at tbe<br />

time this contract yvas made. The Portuguese<br />

railways use a low-quality <strong>coal</strong>, and a small contract<br />

was closed at the end of the year at prices<br />

which left little more than $2 per long ton to the<br />

seller. Lisbon took 559,000 tons in 1913 from Cardiff<br />

and Newport, and Oporto 135.000 tons. Tbe<br />

average freight to the latter port in 1913 w-as<br />

$2.02; rates February, 1914, were $1.51.<br />

Spain exclusive of its colonies received from<br />

the United Kingdom in 1913 2,500,000<br />

I.OXO TONS<br />

of <strong>coal</strong>, nearly all from South Wales ports. Cardiff<br />

and Newport sent to the northern ports Bilbao.<br />

Santander, etc., about 100,000 tons; average<br />

freight in 1913 $1.60; freight in February, 1914.<br />

$1.35. To Barcelona were shipped 343,000 tons:<br />

to Malaga, 46,000 tons; to Cadiz, 43,000 tons, at<br />

freights averaging in 1913 $2.36 to the first named<br />

port doyvn to $2.10 to Cadiz. Rates to Barcelona<br />

in February, 1914, were $1.80.<br />

Italy imported 9,600,000 long tons from the<br />

United Kingdom in 1913, of which 5.600.000 tons<br />

were shipped from the South Wales ports. About<br />

2,000,000 tons of the Italian imports are small<br />

<strong>coal</strong>s for the state railways, contracted for at<br />

prices ranging from $2 to $3. There is a heavyimport<br />

also of <strong>coal</strong> for domestic use at prices<br />

someyvhat higher. Genoa took in 1913 from Cardiff<br />

and Newport 1,500,000 tons, average freight<br />

$2.20, February, 1914, freight rates, $1.57: Civlta<br />

Vecchia. 205,000 tons, average freight, 1913, $2.38,<br />

February, 1914, freight rates, $1.94; Messina, 126,<br />

000 tons; Palermo, 77,000 tons; Leghorn, 279,000<br />

fons. at average freight rates closely approximating<br />

those to Civita Vecchia; ruling rates in February,<br />

1914, were 30 cents to 50 cent slower.<br />

Egypt is an annual importer of more than 3,-<br />

000,000 tons of <strong>coal</strong> from the South "Wales ports.<br />

The bulk of this goes to British depots at Port<br />

Said. Shipments from Cardiff and Newport in<br />

1913 to Alexandria amounted to 500,000 tons,<br />

nearly all for state and railway purposes and of<br />

high quality, large, approximating $4 f. o. b. Cardiff;<br />

average freight, 1913, $2.39; February, 1914,<br />

$1.82. Algeria ancl Tunis imported in 1913 1,-<br />

336,000 tons, of yvhich the bulk went to the first<br />

named. Shipments from Cardiff and Neyvport<br />

to Algiers were 613,000 tons, at freights averaging<br />

in 1914 $1.94; February, 1914, $1.35; rates to Tunis<br />

are a fraction higher.<br />

To French West African ports were shipped 350,-<br />

000 tons, all from South Wales, freight rates to<br />

Dakar averaging $2.37; to Portuguese West Africa,<br />

218,000 tons; to British West Africa, 100.000 tons;<br />

freight rates to Sierra Leone averaging $2.43 per<br />

ton in 1913: in February, 1914, the shipping rate<br />

was $2.25.<br />

The Canary- Islands are consumers of over 1,-<br />

000,000 tons of British <strong>coal</strong>, of which more than<br />

half comes from the South Wales field; Madeira<br />

lakes 100,00 tons, the Azores 20,000 tons.<br />

FREIGHTS TO THESE ISLANDS<br />

in 1913 averaged $2.12 and yvere 50 cents less in<br />

February, 1914.<br />

Brazil was a buyer in 1913 from the United<br />

Kingdom of 1,900,000 tons of <strong>coal</strong>, of yvhich 1,600,-<br />

000 were shipped from South Wales ports. A<br />

limited proportion of shipments to South American<br />

countries is of high-grade Admiralties, a large<br />

proportion for state railways, some for domestic<br />

purposes, and some for ooaiing ships. F. o. b.<br />

prices at Cardiff vary from something under $3<br />

lo neaily $5 per ton, according to quality. Rio de<br />

Janeiro receives about half the Brazilian imports;<br />

fi eights from Cardiff and Newport, 1913, $4.09;<br />

charters have been fixed in February, 1914, at<br />

$3.28. Freights to Para rule from 25 cents to<br />

30 cents below those to Rio de Janeiro: to Bahia<br />

somewhat higher; and to Rio Grande do Sul considerably<br />

higher, averaging nearly $7 in 1913.<br />

Uruguay imported over 700,000 tons from the<br />

United Kingdom in 1913, of yvhich over 600,000<br />

were shipped from South Wales ports to Montevideo<br />

at freight rates averaging $4.09; February, 1914,<br />

late, $3.28.<br />

Argentina imported 3,700,000 tons, of which over<br />

3,000,000 came from South Wales ports. Freights<br />

to La Plata river were the same as those to Rio<br />

de Janeiro. Freights to Bahia Blanca, which<br />

took 400,000 tons in 1913 from Cardiff and Neyvport,<br />

ranged about 50 cents in excess of those to<br />

La Plata river.<br />

Chile was an importer of 600,000 tons from the<br />

United Kingdom, of yvhich two-thirds were shipped<br />

from South Wales ports, but only a small part

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