GENERAL CABLE NEWS

Gisborne Times, Volume LXXXII, Issue 12537, 26 April 1935, Page 2

GENERAL CABLE NEWS

TRAGEDY IN A MINE (U.P.A. by Elec. Tel. Copyright) (Received April 25, 8 p.m.) CAPETOWN, April 24. Three Europeans and .forty natives were di'owned in the Machavie mine, 15 miles from Potchefstroom, which had been re-opened after the union had abandoned gold-blasting. The old workings were holed and the water suddenly rushed through, overtaking the workers. It is believed that the three miners could have escaped but returned in an effort to- rescue the natives. ’ ABYSSINIAN DISPUTE. (U.P.A. by Elec. Tel. Copyright) (Reo. April 24. 8 pun.) LONDON, April 24. The Daily Telegraphy Rome correspondent says that Abyssinia has formally agreed to th© Commission of Conciliation which Italy has proposed and will appoint two neutral delegates. The Commission will sit in a neutral country. MOTOR INDUSTRY HOLD-UP. (U.P.A. by Elec. Tel. Copyright.) MONTREAL, April 24. A message from Toledo says thatover 2000 employees in the Chevrolet Motor Company’s riant there walked Out on strike today, following the collapse of negotiations with General Motors Company’s executives. The interest of the entire car industry is focussed' on the strike, it being the first major hold-up of its kind in .the present era of labor conflict and being viewed as a possible test of strength between unions and ■ employers. While wages and conditions are in dispute, the real hone of contention is the demand of the union to -90 per cent representation among the Chevolot employees.

U.S. INCREASES PRICE OF SILVER, (U.P.A. by Elec. TeL Copyright) Glee. April 25, 5 p.m.) WASHINGTON, April 24 President Roosevelt issued a.proclamation tonight fixing the Government’ sprice .of : newly mined domestic, silver at 77.57. cents per Oz., compared with the 71.11 price proclaimed on April 10. This action followed the continue 1 - 1 rise in the world price-, which today exceeded that paid to domestic, producers. It is interpreted by silver purbase advocates a-s forecasting a continuation of an aggressive programme for the accumulation of that metal. Today’s proclamation,. in effect, retains the old statutory price, hut has reduced the seigniorage charge to 40 per cent. SHOCKS IN PERSIA. HUNDREDS OF DEATHS. (U.P.A. by Elec. Tel. Coi ./right) TEHERAN, April 23. Recurrent earthquake shocks have been .felt since April 12 over a wide area an the province -of Madanderan. Many buildings have been destroyed, and 483 bodies have been recovered. The exact nmubr of victims has not been ascertained, as communication with several districts has been cut off. *