Monday, Jun. 01, 1931

Wage Front

Great Paramount-Publix Corp. reduced its dividend last month. Last week it announced the wages of all employes and executives will be cut on a graded scale ranging from 5% to 25%. The move is expected to save the company from $2,000,000 to $3,000,000 a year, will be effective until September 1932.

Other news from the wage front last week included:

Warner Bros, pictures planned a 20% salary reduction.

Local No. 134 of the Electrician's Union, Chicago, voted not to accept a raise of 25-c- a day due them under a five-year contract with the telephone company.

J. & P. Coats dropped an employe bonus plan.

Oxford Paper Co. ordered a 10% reduction.

Hecla Mining Co. sliced wages 25-c- a day.

Chicago & Alton called 1,000 men back to work.

The Bedford plant of Fisk Rubber Co. went from a five-day week to a six.

Viscose Co. added five working hours a week at its Roanoke plant.

A strike occurred in the plant of Mishawaka Rubber & Woolen Manufacturing Co.

In Greenwich, Conn., 500 laborers stormed the town hall, demanded work.

During the week 14 labor disputes were reported to the Department of Labor, two settled. A total of 45 strikes and 23 controversies are awaiting Federal action.

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