London, Feb. 3.
A telegram from New York states that the Standard Oil Company is putting an end to the 10 per cent. war bonus to all its employees. The railway companies are appealing to Congress for leave to follow suit. Recent)reductions in the pay of workers in other industries include: textile, 22 per cent.; steel, 15 per cent.; copper-mines, 20 per cent., and sewing-machines, 20 per cent.
In Great Britain, the tin miners of Cornwall have had their wages cut 10 per cent., and the jute workers will shortly have theirs reduced by 25 per cent.—Reuter. specting wells in Derbyshire, North Staffordshire and Scotland have made steady-progress, and most of the wells have now reached a great depth. The total number of feet drilled was 7.670. Six wells have reached a depth of 3,000 feet or over, the deepest being that at Tronville, Derbyshire, viz: 4,006 feet.
The Hardstoft well has continued to produce oil at the rate of a ton daily. In order to relieve the accumulation, 500 tons of oil in storage at Hardstoft have been sold to the Anglo-American Oil Ca. at £22 10s. per ton, and of this quantity 325 tons have been delivered.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.