London, May 16.
The conference of representatives of coal-owners and miners, in ac~ cordance with the recommendation of the recent Court of Inquiry, resulted in an agreement to-day on the subject of wages on terms which will be submitted to a conference of the men's delegates on May 29.
Later.
The main provisions of the proposed coal agreement allow for standard profits to consist of 15 per cent. of the standard wages instead of 17 per cent. as at present. The minimum rate of wages would be increased to 331 per cent. and the division of surplus profits would be 88 per cent. to wages and 12 per cent, to profits. No able-bodied adult's wages would fall below 40 per cent. of the lowest paid class day wage of the workmen in the particular district Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.