BANKERS CAUTIOUS.
LITTLE MONEY FOR MINERS,
THE NEW CONFERENCE. (Bee. March 12, 10.15 p.m.) London, March 12. The South Wales owners, while unabntiligf in their opposition to the minimum ■wage, have agreed to be represented at the conference, it is expected that the executive of the Miners' Federation will meet tile coal-owners to-day. The bankers are cautious in advancing money to the miners' unions even on approved securily with an ample margin. One institution refused to advance J2150, 000 against Exchequer bonds, but the money was obtained elsewhere. The Lancashire-Cheshire Miners' Federation paid .£30,000 out for the first' week's strike benefits. Many firms, particularly in the engineering trade, in Lancashire, are using municipal electricity in order to l;cep their machinery going.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19120313.2.46
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 5, Issue 1387, 13 March 1912, Page 5
Word count
Tapeke kupu
121BANKERS CAUTIOUS. Dominion, Volume 5, Issue 1387, 13 March 1912, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in