SOUTH WALES COAL MINES
OWNERS FARE BADLY. Preea Association—By Telegraph—Copyright. ? LONDON, May 2. •' (Received May 2, at 8.10 p.m.) The South Wales coal position shows a marked improvement, though the owners ; continue to fare badly. The disposable surplus over standard profits for March amounted to £227,857, of which the owners are entitled under the settlement agreement to al7 per cent, balance. This being insufficient to pay the agreed minimum •wages, the owners have sacrificed their ' share of the surplus, also giving £171,371 from the standard profits, which has ini’: 1 creased the loss since November to ■f '■ £1,300,000.—A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 18544, 3 May 1922, Page 6
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101SOUTH WALES COAL MINES Otago Daily Times, Issue 18544, 3 May 1922, Page 6
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