AMERICAN ITEMS.

Hokitika Guardian, 16 November 1920, Page 2

AMERICAN ITEMS.

(Reuter’s Telegram.) MOVIE FIRE DISASTER. NEW YORK, November 14. , Six children were trampled to death and twenty children were seriously ia- | jured in a cinema theatre when a defective stove issued smoke, causing a panic among the youngsters whb largely filled the upperAgallery. DROP IN PRICES ' NEW YORK, November 15. A wave of price cutting and much unemployment continues in America. Coal, which has been selling at from eight to twenty dollars a ton, has been gradually reduced to the extent of between twenty five and fifty per cent. Coal production has increasedj and any fear of coal famine during the coming winter has been dispelled. Several important Colorado mines that are producing copper and zinc have paid off their workers. Four mines, which produced ten million tons of zinc monthly will reduce production by one half. Ibis is due to the fact that there has been no demand for zinc. The American woollen mills continue to close for various periods. Some ate operating for only three days per week. The railroads throughout the country have paid off one hundred thousand men. The automobile factories in one or two centres have discharged twenty-five per cent of their personnel. . PRICE OF PETROL. (Received This Day at 9.45 a.m.) NEW YORK, November 15. The Standard -Oil Coy. of New York and Louisianna, has announced a one cent reduction in the price of petrol. The price in New Orleans will now be 281 cents per gallon retail; New Jersey and New York between thirty and thirtytwo cents.