The Archive · 1936

Chinese Commodity Prices in Sharp Rise

REOPENING OF LOCAL — COTTON MILLS

New Record for Yarn Quotations: Cotton Pricegoods, Working Hours Increased by Flour and Wheat All Go Up Two Concerns In view of the grest demand for cotton yar and the rise in cotton yarn and cotton prices, more mills have increased their working hours. The following two cotton mills Iocated in Yulin Road district have resumed. their normal working period, that is six days and seven ights' a week; the Wel Tung mill, 545 Lay Road, which employs 1.348 hands and the Ewo mill, 670 Yongtszepoo Road, which has 1,500 hands.

Arrangement has been made between the Shun Shing Mills and the Bank of China and the Shanghai Commercial and Savings Bank. to re-open the No, 2 and No. mills An administrative committee. consisting of delegates from the two banks and the mills has. been organized. The No. 2 mill is expected to re-open in the middle of ext month.

As a result of picketing by the dismissed employees and strikers, a number of hands of the Hung Tsang cotton mil, 681 Markham Road, were prevented from reporting for uty on Oct, 29. Altogether 400 of the day shift hands were absent the morning.

The dispute between the workers end the management arose when the latter dismissed two employees for their attempt to organize a labour union. The Bureau of Social Affairs will convene a meeting toto° discuss the issue,

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

Your account