1937-04-13 — Page 17

THE CHINA MAIL, APRIL 13, 1937,

£25,000,000 MORE IN WAGES

NEW BRITISH

RECORDS

SUPPLY OF

Last year, 3,000,000 workers in Bri- SKILLED

tain received £25,000,000* more ̈ ́in

wages than in the previous year. ENGINEERS

In addition, more people found em-

In December the Home branch mem- ployment, the average number of. in- sured workers during the year rising bership of the Amalgamated Engin- 519,000 to the record-level of 10,896,000. eering Union increased from 247,062 These figures are given in the "Min-to 248,209 and the Colonial branch istry of Labour Gazette." The upward membership from 27,230 to 27,235, The tendency in the general level of wage number of members in receipt of sick rates, it is stated, which began in 1934 benefit increased from 3,166 to 3,407 and continued during the following and the number in receipt of superan- year, became much more marked innuation benefit decreased from 13,987 1936.

to 13,961.. The number of members in donation benefit increased receipt of

;

Three Per Cent. Increase

In those industries for which detail-from 2,057 to 2,164, and the total num- from of ber of unemployed members ed statistics of changes in rates wages are regularly compiled, the 7,435 to 7,501. changes, reported during that year re-

The writer of the editorial notes în sulted in an aggregate net increase of the January issue of the Amalgamated about £487,000 in the weekly full-time Engineering Union's Journal says that rates of wages of more than 4,000,000 in view of the Ministry of Labour's work-people.

This was the largest number of per sons affected by increases since 1920, and the highest weekly advance in wages since 1924.

unemployment returns for the various areas, it is "somewhat puzzling to find the First Lord of the Admiralty dwell- ing upon the shortage of skilled la bour as he did in addressing the Na- "Only 425 work-people were report- tional Union of Manufacturers. ed as having sustained net reductions

Skilled Labour Shortage

of "Speaking

the defence in wage-rates during the year," it is

pro added. "In all the industries-includ÷gramme, the Journal's contributor for which informa- says, "Sir Samuel Hoare remarked, that ing agriculture tion is available, the average level of there were several difficult problems to weekly full-time rates. of wages is es-solve. One was the fact that many timated to have risen during 1936 by industries had lost their skilled labour in the bad time. Whose fault is that? about three per cent."

Certainly, the responsibility does not Over and over: lie with the unions.

"

BANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated-by Boyal Charter," 1968,

HEAD OFFICE: LONDON

Paid-up Capital Reserve Fund Reserve Liability of Pro- -

prietors

▾

$8,000,000 $3,000,000.

,000,000

Rangoon

Saigon Samarang Seremban '

Agencies and Branches:

Alor Star

Shanghai

Amritsar Bangkok Batavia

Boilo Ipoh

Karnobi

Klang

Bombay

Fobe

Caloutta

Kuala Lumpur

Singapore

Canton

Knoblig

Sitiawan

Cawnpore

Madras

Bourabaya

Cabu

Manila

Tarping

Medan

Tientsin

New York

Tongkah

Peiping

(Bhuket)

(Poking)

Tsingtao

Penang

Yokohama

Zamboanga

Colombo Delbi Haiphong Hamborg

Hankow Harbin ' Hog Kar

Foreign Exchange and General Banking business transected.

Current &ccounts opened and Fixed Deposits" received for one year or shorter periods at ratos which will be quoted on application.

The Bank's Head Office In Landon undertakes Executor and Trustee business, and claimsTM recovery of British Income Tax overpaid, on terms which may be ascertained at any of its Agencies and Branches.

A. BREARLEY,

Manager. Hong Kong, 1st January, 1985.

London's Distinction Among the principal trade in which wages increased during 1936 were: again in our own case we have insisted

Coal Mining, Iron and Steel, Ship-upon the importance, during the per: THE BANK OF EAST ASIA, LTD. building. Docks, Cotton Spinning Rail-iod of depression, of looking ahead as ways, Shipping, Tramways, Engineer- an industry to the state of affairs that Authorised Capital ing, Wool Textiles.

would arise when the demand for skill Paid-up Capital... the ed engineers revived."

Reserve and Undivided There was a slight increase in

Profits An aspect of the problem that Min- hours, of labour of 150 workers, but 133,000 had an average reduction ofisters concerned with the supply of 24 hours per week.

skilled labour to such industries as en-

•

$10,000,000.90 $5,598,600,00

.$ 2,776,726.76

HEAD OFFICE: HONG KONG. 10, Des Vaux Road Central.

Yun

BOARD OF DIRECTORS :--- Six Shou-san Chow, Chairman; Li Koon

WORK Esq., F.-K. Kwok, Euq.

"Wong Chu Son, Eng., and Kan Ying Chan Ching Shok, Esq., Li Lan

Kab Tang Po, Esq., Chist Manager. L Toe Fong, Bar, Manager.

BRANCHES AND AGENCIES :-

The number of trade disputes begun gineering should take into considera- in 1936 in Great Britain and Northern tion is concerned, the writer goes on t Ireland was 808, the highest recorded say, with training and recruitment. Hon. since 1920. The majority of last. "We do not want to see," he says, "the Chun, year's disputes, however, were of short engineering industry, or Ministers and long duration, and the aggregate time lost Government departments

getting Po, Esq. was less than in 1935.

into a panic about the supply of skill- The average proportion of insured ed labour. Let us consider the ques- persons unemployed during the year tion of recruiting workers for the skill- was 13.2 per cent. compared with 15.5ed trades, by all means. per cent. in 1935. Last year's per

"Let us discuss training schemes, but do centage was the lowest since 1929.

not let us commit again. the London had the smallest proportion mistakes that were committed during of unemployed, having gained the lead the war years when the engineering in- from the South-Eastern division. The dustry faced the same sort of difficul- average rate among insured persons ties that are developing to-day. last year was 7.2 for London and 7.3 Provised methods are not the right for the South-Eastern division. In methods to use. 1935 the respective' figures were and 8.1.

8.5

MERCANTILE BANK

REPORT

Manila Malbourne Nagisaki

Seattle

Im-

Amoy Batavia Bombay Caloutta Canton Haiphong Hankow Bonolaim Kobe Kowloon London

Semarang

Shanghel

Now

York

Eingsporú

Bourabaya

Paris

Swatow:

Peiping

Sydney

Fenang

Talkoku

Tientaln

Bai 200 Bar Francisco

Tckyo

VanoGures

Youahama

Industry Flooded "A White Paper published recently embodying a report of the discussions Every description of. Banking at Exchange bumin ass transmotod. Loans granted on approved that have taken place between the scurities. Minister of Labour and representatives Current Accounts opened in Local Currency of a number of industries, including hurter periods in Local and Foreign Currencies

and Fixed Deposits received for engineering, claims that a valuable on terms which will be quoted an application. body of industrial information has been Safe Deposit Boxes To Let.

The Annual Report of the Mer-made available to the Government on cantile Bank of India was present-such questions as these: What is the ed to the shareholders on March size and nature of the supply of labour 23 in London.

The balance of Profit and Loss Account for the year amounts to £181,782 28. 8d. and the amount available after adding £174,097 58. ld. brought forward from last Ac- count is $355,829 78. 9d. From this sum has to be deducted £63,000 being the Interim Dividend of 6 per cent., less Income Tax, on the "A" "B" and "C" Shares paid in September last.

one year or

KAN TUNG PO

Chief Manager.

THE WING ON BANK, LTD.

upon which particular industries, draw; ployment in the industries; are the de- what is the degree and kind of unem-

Head Office: Hong Kong. mands for labour fully met; does it

26, Des Voeux Road, Central. attract a sufficient number of young

Authorised Capital $10,000,000 persons; what is the position with res- pect to training and apprenticeship; is

LONDON BANKERS:- the future labour supply of the indus- Westminster Bank, Ltd. try sufficiently provided for, and so on. Foreign Exchange and every des- "With such information at its dis-cription of banking business transact- Posal, in regard to the engineering ed trades, the Government should be able Current Accounts and Savings Ac- to lay down a policy that the workers' counts opened. Mixed Deposits. re- and employers' organisations can pro-ceived at rates which will be quoted fitably discuss with a view to meeting on application.

The Directors have added $12,000 such difficulties as beset the industry. Trusteeship- & Executorship under- to the Officers' Pension Fund, writ- claim that neither the curriculum of

The Journal's contributor goes on to taken. Safe Deposit Boxes for hire. ten £20,000 off: Freehold Banking Government training centres nor the Premises, (and made an additional period of training given-can produce

allocation of £25,000, to. Contin- skilled engineers. "The studious flood- ing of the industry,” he says, "with gencies Account. They recommend cheap, unskilled labour, must of neces a Final Dividend on the “A," "B" and "C" Shares of 6 per cent., less Income Tax (making 12 p

per cent for the year); leaving a balance of £172,829 78. 9d. to be carried for ward.

·COPPER SHORTAGE SOON OVERCOME

sity be met with serious opposition by those who have invested their working life in the industry and have the future. to safeguard.... Ordered apprenticeship training and the regulation thereof are essential to the future welfare of the industry. The conception of many em- ployers that an apprentice is sacrosanct must be dispelled if the lad is to pe ceive the ready assistance and guid- ance from the men in the workshop to contribute to his training and future Sir Auckland Geddes, chairman of well-being Regulation and control of the Rio Tinto Co., which owns the big apprentices must not alone be the func- Spanish copper mines, expressed the tion of the employer."Engineering. view that the present shortage of cop- per would soon be overcome.

ponsible for the production of copper. Speaking at the annual dinner of the for which I can speak more than any Institute of Metals, held at the Troca other metal-that it should run away dero. Restaurant, he said that at pre-fin price as it has been doing recently sent the metal Industries were: hard put to meet the demanda.

"For a little while it is not possible to bring forward the vast quantities of metal required to keep the market

"I can assure you,” he added, "that it is no part of the policy of those, res- steady but it is coming."

PHILIP GOCKCHIN, Chief Manager:

TEENJORE

For Eczema, Iteh, Impetigo, Pimple, Hong Kong: Foot. A Proven' Success 37, Des Voeux Road, Central or CHINA EMPORIUM, LTD.

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Issued and Fully-Paid- #20,000,000 Reserve Funds: Cer

Sterling

Hong Kong

Currency

* Beserve

500,000

$10,000,000

20,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE, HONG KONG,

BOARD OF DIRECTORS.

G. Miskin, Esq.,

* Chairman.

Hon. Mr. M. T. Johnson, Deputy Chairman..

J. E. Bougfald, Esq. A. II. Compton, Esq., S. H. Dodwell, Esq.,

: J. B. Masson, Esq.,

AMOY

DAIREN

K. S. Morrison, Esq.

Hon. Mr. J. J. Paterson, T. E. Pearoo, Esq., A. L. Shields, Esq.,

V. M. Grayburn, Esq., Chief Manager.

BANGKOK BATAVIA BOMBAY CALUUTTA CANTON CHEFOO COLOMBO FOOCHOW HAIPHONG HAMBURG HANKOW HARBIN HONGKEW. ILOILO ІРОН JOHORE

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TOEXO TSINGTAO

YOKOHAMA

Current Accounts opened in Local Currancy and

Fixed Deposits, received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted an application.

ALSO up to date SAFE DEPOSIT BOXES in- rorious sizes TO LET.

Hong Kong, 1st March, 1987.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK ING CORPORATION....... Bules may be obtained on application;

FOR THE HONG KONG AND BHANGHAI BANKING CORPORATION.

M. GBAYBUEN,

Chiaf-Managez

Hong Kong, 1st March, 18772

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880

Capital (fully paid-up) Yen.100,000,000 Reserve Fund --:~Yen.182,650,000

Head Office: YOKOHAMA Branches and Agencies at

Alexandria Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Moji

Nagasaki

Nagoya New York Osaka Dtern

Paris

Peiping

Fengtien (Mukden), Rangoon

Hamburg

Hankow

Harbin

Hong Kong

· Honolulu.

Hsinking Karachi

Kobe

London Manila

Los Angeles:

Rio de Janeiro

San Francisco

Seattle

Semarang. “Shangbai

Singapore

Sourabaya

Sydney

Tientsin

Tokyo Tsingtau

Yingkow

Interest, allowed, for Current Ac-

counts.

Deposits

at rates tions...:

obtained on applica-

Med for fixed periods

Y. KANO,

Manager.

Hong Kong, 10th March, 1987...

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED- (Incorporated in China).

Capital paid up

Reserves.

$5,000,000.

$7,500,000.

Capital Savings Dept. $500,000.. Reserve Savings Dept. $600,000: Head Office-Shanghai

A Bank having as its missien the industrial development -on- China and the fostering y her commercial relations abroa Hong Kong Office---

6, Queen's Road, Central Phone 81118.