75. Mr. RICHARDSONasked the Secretary for Mines what was the total output of the mines in the County of Durham: the total amount received for 2265 the sale of the coal produced; and the amount of profit per ton raised, together with the amounts paid for wages to the workmen, for royalties and wayleaves, and for directors' fees for the year 1924?
§ Major Sir HARRY BARNSTON (for Colonel LANE-FOX)As the reply involves a statistical statement, I will, with the hon. Member's permission, circulate it in the OFFICIAL REPORT.
§ The information is as follows:
— | Total Amount (estimated). | Amount per ton of Saleable Coal raised. | |
Tons | |||
Output of Saleable Coal. | 36,675,000 | — | |
Costs of Production: | £ | s. | d. |
Wages | 21,734,000 | 11 | 10¼ |
Royalties and Way-leaves (including the rental value of freehold minerals where worked by the proprietor). | 918,000 | 6 | |
Other Costs | 9,308,000 | 5 | 1 |
Total Costs | 31,960,000 | 17 | 5¼ |
Proceeds from Sale of Coal. | 33,918,000 | 18 | 6 |
Credit Balance* | 1,958,000 | 1 | 0¾ |
Separate lnformation is not available with regard to Directors' fees; the amount is included with "Other Costs." | |||
* These figures represent profits before deduction of such items as loan interest and taxation. |