The Washington herald., 1921-08-15
1921 COAL EXPORTS
500 PCT. GREATER
THAN BEFORE WAR
Value Equals $434, 563, 600
For Fiscal Year Just
Ended. Il.
$4,000, 900 IN YEAR 1914
Tremendous Increase Is Due
Partly to Higher Prices,
Says Report.
$50, GOO, 900 IN YEAR 1914

States In the fiscal year just ended
were I'VE times as much in value
as in the year preceding the war
and nearly double those of 1920.
The total value of coal sent out Of
the country In the year ending with
June, 1921, was s434,5s3,o00 against
s2s1. 900. 900 In 1920 and $4,000, 900
in the year preceding the war.
Never until the fiscal year 1917,
says the Trade Record issued by the
National City Bank of New York.
had the value of our coal exports
reached as much as 500, 000, 900.
Prior to. the war they averaged
about $s0.0o0.0o0 q year (including
the bunker" coal supplied to .yes-
sells engaged in the foreign trade),
slowly Increasing during the war
and standing at S141,000.0eo in its
closing year. 1918, s231.o00, 900 in
1920 and $4,000. 900 in 1921
Higher Prices Factor.
While this tremendous increase in
values, adds the banks statement,
is due in part to higher prices, the
quantity also shows big gains, the
total quantity of bituminous ex-
ported in 1921 having been 139 per
cent greater than in 1915, while
bunker" and anthracite also
showed marked increases in guam
uty. While export prices were ex-
tremely high in the early part Of
the fiscal year 1921, they declined
rapidly in recent months. the av-
erage monthly export price of, BIZ
luminous having fallen from $1o.S7
Fer ton in October, 1890, to s5.6s in
June, 1891.
This big increase in our coal ex-
ports in 1891 Is, of course, due in
part to the fact that British coal
exports have been greatly reduced
during the, past year, her total
exports Of coal exclusive of
'bunker'D having been in the year
ending with June. 1891, but 16,5ee.-
900 tons against 100000 in 1890
ard 100000 tons, in the like period
of 1g12-1s13. British coal exports
Exclusive OF "bunker'') in the
twelve months ending with June,
1921, were less than one-haIf as
much as those Of the United States,
while in 1913 her exports were
three and one-haR times as much
as ours. The United States and
Great Britain are now the WORLDS
chief coal exporting countries. the
quantities supplied to world trade
by the other coal exporting ma
tions-Canada, Japan and Australia
about 100000 tons
each. while Germany, formerly a
large coal exporter, will have little
to spare in excess Of her coal obli-
cations to France and Italy under
the Spa agreement.
Big Demand on U. 9.
This shortage of British and other
coal for export has been followed
by very large demands upon the
United States from countries which
formerly relied upon Great Britain.
Our exports of bituminous to the
i've principal coal importing coun-
tries of Europe-France, Italy, Bel
GUM, Sweden and Switzerland
were 100000 tons in 1891 against
100000 in 1890 and less than
100000 in 1919, and the 1921 value
Of bituminous sent to these five
countries standing at $4,000. geo
against $3,500.c00 In 1919. South
America. which formerly took most
of its coal from Great Britain. now
takes large quantities from us, the
value Of our bituminous coal ex-
ported to Argentina, Brazil. Uru-
quay and Chile alone having been
in 1921 $3s.0o0,o against $4,000
900 in 1890, and little over $1,000
900 in 1913. Canada continues our
largest single customer for coal.
the value Of bituminous sent to
Canada in 1921 having been $4,000
600 against s43,0o0,00o IL 1920,
NH 81, oil -
worth of anthracite exported in 1921
bituminous exports of 1921 nearly
one-half- went to Canada, about
one-fourth to Europe and most OF
the remainder to Latin America,
with. extremely small quantities to
Africa, Asia and Oceania. p.
Bunker coal supplied by the
United States to vessels In the for
eign trade has greatly; Increased,
especially since the close of the
war, the quantity having advanced
year. 1915 to 9.435.000 in 1891, and
to SIS, 900. 900 in 1921. The average
price Of bunker coal supplied to
vessels In, the year 1921 was sS.6s
pSE tOH dkdlHsI AT average Ot So.6
for the bituminous coal consigned
to foreign countries.
OF the 4S.T37.000 tens of coal sent
out Of the United States in the fiscal
year 1891, 34.4S4.000 tons were BIZ
luminous consigned to foreign
countries. = ~
OF the 4s.7s7.Ooo tons of coal sent
Gut of the United States in the
fiscal year 1891. 534.434.0o0 tons were
bituminous CONSIGNED to foreign
countries. s,435,o0o tons bunker"
and 4,s7S.oo0 tons anthracite, Even
this unusually large eSportation
formed but about 10 per centof the
quantity turned ont. by our mines
IN the same : period. No alarm
need be felt. adds the banks state4
rent. as to the effect of this large
coal, expectation upon our available
supply, since we have over one-hslf
the known coal reserve" of the
world. and all OF the 1856. od0. 900
tons mined by us, in the past cen-
fury has taken out but about Q per
cent of our available supply. 3.