The Archive · 1940

Readjustment Efforts

The index figure is 242.47 for 1940, og against 119,00 In 1939 with a base of 100 in 1996. The rise is 14247 er cent, since 1996, This interesting fret "means that Chinese owned enterprises have made a real effort to make adjustments to meet rising cost of living. though regrettably not Sultielent to overcome the steep rise which has occurred.

The real wage index in November was 44.95, a considerable drop from the gute of $859 for 1999, That Is 1 say though the earnings have risen, the spending power of the money earned was, in November, 1405" jer cent, of what workers formerly earned, Wage figures for fore enterprises employing Chinese labour are fet available, though some progress toward a study of But enough table indicates the the last five years:

Index of Index of trid of Wing Wages The est of Jing. index for the whole see 1940 will not be as high therefore the real wane be a low ww 4485 for Shanghai, apanese authorities at Tol have released the Hellenic Trader owned by Mr. Emmanuel Greek company, Butterfield Swire, its agents here, announced today United. Press

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

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