The Archive · 1933

Labour Glut in Silk

CIRCLES:

50,000 Filature Hands Without Work:

Owing to seasonal influences and the general "business depression, jabour 50,000, employees of silk filatures in Greater Shanghai are idle at the present time. Of 113 such establishments functioning nor= mally, no less than 93 were closed yesteriny, the process of shut their doors having been a gradual lone, commenced at China New Year. Only 8,000 hands are in the mills now.

These conditions, combined with the shortening of hours and Jaying-eff in general of employees in cotton mills, make for_a large number fof unemployed in Shanghai, During May it is expected that the remaining. Afatures! shortage of cocoons, owing to will close," No great note of optimism is held out, however, for June, at which time Hangchow and Wuiih cocoons come Into local eiveles again. It is antic jeipated by those who axe well informed that ess than half of the Matures will be ina position to resume operations.

Text read from the printed page and cleaned; old type leaves the occasional error.

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