The Coal Mining Industry - Output Reduced But Efforts Made on a Wide Front to Maintain Competitive Position

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 9
- File Size:
- 1186 KB
- Publication Date:
- Jan 1, 1939
Abstract
FOR the first time in 1938, bituminous coal production for the week ending Nov. 19 surpassed that of the corresponding week in 1937, and indexes of industrial activity indicated the possibility that the remaining weeks of 1938 would run ahead of the corresponding weeks of the preceding year. But regardless of this year-end pickup, total production in 1938 was approximately 25 per cent less than in 1937. The estimate of 340 million tons for 1938 places the bituminous industry slightly above the production level of 1933 and approximately 10 per cent above the modem low of 1932. Anthracite production is not subject to the same extent as is bituminous coal to fluctuations arising out of the rate of industrial activity, hence the decline from 1937 has not been so great being approximately 14 per cent under 1937. The estimate for 1938 production is approximately 45 million tons, but this represents the lowest level reached in the last fifty years with the possible exception of several strike years.
Citation
APA:
(1939) The Coal Mining Industry - Output Reduced But Efforts Made on a Wide Front to Maintain Competitive PositionMLA: The Coal Mining Industry - Output Reduced But Efforts Made on a Wide Front to Maintain Competitive Position. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1939.