UNECONOMIC USE OF COAL.
From remarks made by Mr. G. L. Denniston, chairman of the Westport Coal Company, the use of coal solely for heatraising is far too costly. He informed shareholders in the company yesterday that an analysis was recently made by the Government Research Department in Wellington on coal from one of the Westport Company's mines, and the result was as follows:—One ton of coal produced over 40 gallons of crude oil, besides valuable gas and about 15ewt of smokeless fuel. With this knowledge it looks as if the 17% millions of coal produced from the Westport mines since their inception have not realised their true value; but there are many million tons of coal still to be marketed from the company's mines, and for these a better sale may yet be obtained.
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Evening Post, Volume CVIII, Issue 128, 26 November 1929, Page 12
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135UNECONOMIC USE OF COAL. Evening Post, Volume CVIII, Issue 128, 26 November 1929, Page 12
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