Search results
Results From The WOW.Com Content Network
Selling, carrying, bringing, or taking coal(s) to Newcastle is an idiom of British origin describing a pointless action. [1] It refers to the fact that, historically, the economy of Newcastle upon Tyne in north-eastern England was heavily dependent on the distribution and sale of coal and therefore any attempt to sell coal to Newcastle would be foolhardy as supply would be greater there than ...
Since 1855 there have been various price fixing arrangements in the Newcastle coal fields that were effective for a period in raising prices and restricting production before waning over time. [5] In 1872 a cartel described as the Coal Vend formed and was effective in raising the price of coal from 7 shillings to 14 shillings a ton until it ...
Coal prices from other exporters Indonesia, Australia and South Africa have jumped this week, with benchmark Newcastle coal hitting a record $274.50 a tonne on Monday, a 15% rise, in the wake of ...
An empty coal train heads west through Maitland bound for the coal mines. The Hunter Valley Coal Chain (HVCC) is the chain of coal delivery in New South Wales, Australia from (mainly open-cut) coal mines in the Hunter Region to the Port of Newcastle and domestic coal-fired power stations in the Hunter Valley.
In 1637 Charles I, in an attempt to raise revenue, doubled the tax on Tyneside coal in return for allowing the Hostmen to regulate production and set the price of the coal. The London coal importers and the East Anglian ship-owners were outraged and resolved to boycott Tyneside coal. As a result, the price of coal rose and the royal revenues ...
Chronological Table of and Index to the Statutes. Vol. 1: To the End of the Session 59 Vict. Sess. 2 (1895) (13th ed.). London: Her Majesty's Stationery Office. 1896. pp. 104– 105 – via Google Books. "Acts of the Parliament of Great Britain from 1737". legislation.gov.uk. The National Archives.
The port was the first commercial export port in Australia and is the world's busiest coal export port. Annual exports of coal from Newcastle exceeded A$15 billion in 2012–13. Newcastle berthed more than 2,200 ships a year in 2012–13. [5] The port's harbourmaster is the Port Authority of New South Wales.
The colonial government was not able to manage coal production efficiently. [8] On 3 May 1833 the company received land grants at Newcastle totaling 777 ha (1,920 acres) plus a 31-year monopoly on that town's coal traffic. The company became the largest exporter of coal from Newcastle for many decades.