HC Deb 18 March 1925 vol 181 cc2264-5

asked the Secretary for Mines what was the total output of the mines in the County of Durham: the total amount received for 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.
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
Proceeds from Sale of Coal. 33,918,000 18 6
Credit Balance* 1,958,000 1
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.