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-MINE OWNERS' PROfiTS,

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 MINE OWNERS' PROfiTS, What Ton of Coal Costs. WAR TIME INCREASES. (Special to the" Leader.") LONDON, Tuesday. The first public sitting of the Coal Com- mission opened this morning in the King's lvobing Room at the House of Lords. There were present representatives of the coalowners, miners, and the Govern- ment, assisted by specialists. Mr. Justice Sankey, in opening the pro- ceedings, said the Commission yesterday decided on the course of procedure. They would sit 60 as to be in a position to pre- sent an interim report on March 20th. Any persons, companies, or bodies desir- ous of giving evidence were requested to send the proof or an epitome of evidence to the Secretary, 2, Queen Anne's Gate Buildings, Westminster. The secretary would then give information as to when attendance would be necessary. At pre- sent the conference would not require the attendance of counsel or of solicitors. COMPARATIVE OUTPUT. Before the first witness was called, Mr. Hodges, secretary of the Miners' Federa- tion, asked Mr. Guthrie, secretary of the Northumberlancl, and Durham Coalowners' Aíation, a question as to the compara- tive output per hewer per shift in Dur- ham compared with the rest of the country. Mr. Guthrie replied that he could pro- duce the Durham figures in a few days, but could not say anything as to the rest of the kingdom. Mr. Hodges said he would get the matter fro melsewhere. ¡ Further questions followed as to wages and explosives' accounts. AVERAGE OF 270,000,000 TONS. I Mr. Arthur L. Dickinson, chartered ac- countant, and partner in Price, Water- ] house and Co., and adviser to the Coal; Control Board, replying to the Chairman, I gave statistical information as to the number of coal-owners and mines. He described the arrangements made as to the method of control after the outbreak of war. Eighty per cent, of excess profits went to the Inland Revenue; 15 to the Coal Control; and five to the owners. Taking an average of five years, with r 1913 as a fair basis of pre-war conditions, the average output was 270.000,000 tons per annum. I 8s. 9d. AT PIT H E AD. 1 he average value a.t the pithead was 8s. 9d. per ton. The profit before charg- ing royalties and ititei-est was nineteen millions. .Frdrn that bad to be deducted royal- ties which still amounted to six millions a year, so that the profits to mine owners on the share and loan capital were twelve to thirteen millions. This was equivalent to just under one shilling per. ton on the 270 million tons raised. Taking the average of 1912 and 1913 the figures were 274 million tons value at pit- head 9s. dd.; profit Is. lid. ner ton. WAR TIME INCREASES. -I In 1914 the value at pit head was 98. ll^d., and the profit equivalent to Is. 1-,I(i. per ton. Jn 1915 the figures were 12s. 5id and Is. 8d. In 1916 pithead prices rose to 15s. ld., and the profits after deducting royalties were just under 38 millions com- pared with the pre-war average. The profits per ton were 2s. lid. compared wtih the pre-war average. The profits per ton were 2s. lid. compared with the pre-war figure of 16. in 1916. The increase was almost entirely dtae to the very high export prees, and to the fact that bye-products produced far more than before in the nature of war profits. EFFECT OF 1917 WAR WAGE. I In 1917 the war wage and an additional 2s. 6d. per thousand raised the average of cost for the whole year proportionately. Questioned by Mr. Smillie, witness said the falling off in tonnage in 1917, owing to the submarine menace was a very material factor in the coal situation. At that time the Coal Controller could not have kept the pits continuously at work. IDLE TRUCKS IN WALES. I At one time 11,000 full wagons were standing in South Wales owing to the lack of ships. The conditions were to a great extent remedied by control. (Proceeding.)

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