coal trade bulletin - Clpdigital.org
coal trade bulletin - Clpdigital.org
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