Note 117 — XXI.
Reading edition
According to the reports of Mr. George Schuthe, governor of the little colony in the Straits of Magelhaen, some very valuable coal-strata exist near Punta Arenas. These, although difficult of access, would, nevertheless, fetch a high price, considering the high price of coal in the harbours along the east coast of South America. In Buenos Ayres and Monte Video, 12 to 15 days' sail distant, the average price of coal is 12 dollars (£2 10s.) per ton.