WORK AND WAGES.

Stratford Evening Post, Volume XXXVI, Issue 51, 5 July 1913, Page 5

WORK AND WAGES.

A GRAVE POSITION

TBy Electric Telegraph- Copyright] [United Press Assoocuro-r i London, July 4.

It is calculated in the city that if the whole of the Rand is held up throughout July, the outlook will be serious, because tho London bullion market counted upon the arrival of three millions of gold which will be unavailable. The Bank of England will share this deficiency, probably £2,200,000. It is generally anticipated that the strike will be short-lived. (Received 8.8 a.m.) London, July 4.

It is estimated that the Rand Miners' Union fund is insufficient to yield even an exiguous strike pay beyond three weeks. The Government, which is deriving much revenue from the mines, is bound to do its utmost to effect a settlement. Large volumes of insurance have been effected in London to cover the mining buildings and storesi for a month, and in one or two caseo for six weeks.

Johannesburg, July 4

The authorities are arming the police and closing t-he drinking saloons.

STRIKE OF COTTON OPERATIVES

St. Petersburg, July I

Thirty- thousand cotton operatives at Lodez have struck for an increase of wages. A STRIKE WARNING. (Received 9.50 a.m.) London, July 4. The Black Country strike is waning. Many are conceding the workers' demands.

SOUTH WALES MINERS

(Received 9.40 a.m.) London, July 4

The South Wales Miners' Federation has tendered notices under the Minimum Wages Act to secure a revision of the wages rates and working rules.