The story of Pittsburgh: Coal and coke

Coal and coke (Vol. 1, nr. 4)

Bibliographic data

Multivolume work

Identifikator:: 1831622599

Document type:: Multivolume work

Title:: The story of Pittsburgh

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1919-1930

Collection:: Economics Books

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Volume

Identifikator:: 1831622963

URN:: urn:nbn:de:zbw-retromon-239757

Document type:: Volume

Title:: Coal and coke

Volume count:: Vol. 1, nr. 4

Place of publication:: Pittsburgh

Publisher:: First National Bank

Year of publication:: 1920

Scope:: [ca. 16] Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: United States Stell Subsidiaries

Collection:: Economics Books

Accurately kept reports show that in the last 22 years, the vast total of 253,000,000 tons of coal were moved.on the surface of the Monongahela River. In the year 1919, the amount of coal shipped on the Monongahela River was 14,400,000 tons. Movement of coal and coke by water will be greally stimulated when the ship canal which is to connect the Ohio River with Lake Erie shall be finished, as this water- way would provide connection with the Great Lakes and the Ohio and Mississippi Valleys. This great project has been discussed for vears and awaits prover action by Con- gress. The First National Bank at Pittsburgh possesses ex- ceptional facilities for financing exports of coal and other products of the United States. The Foreign Exchange Department is directly connected with all commercial centers of the world, and handles promptly and economi- cally all documents pertaining to Foreign Commercial transactions. We issue drafts and make payments all over the globe. All languages are spoken in this depart- ment, and translations of documents are made for custo- mers. The officers and directors of this institution are experienced bankers and business men. and their advice is available at all times. The great progress made in the coal business of the United States is graphically told in the diagram printed on another page, showing the total consumption and per capita consumption of coal from 1850 to 1918, inclusive. Seventy years ago, the production of coal totalled 2,880,017 tons annually, and only twelve-one hundredths of a ton was used on an average by every person in the country. Fifty years later, in 1900, the annual output was 212,316,112 tons, and the per capita consumption had increased to 2.8 tons. The next decade saw an expansion to 417,111,142 tons, while the per capita consumption increased to a little more than 414 tons. The output grew steadily year by year until 1918 showed 585,883,000 tons of coal mined and the per capita consumption rose to 5.57 tons. This was the heaviest year of the great European war, when every effort was being made to stimulate production to meet the unprecedented demand

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