SHIPPING COMPANY'S SETBACK.
HIGHER WAGES AND SHORTER HOURS. By Toletrraph—Prcsa Association—Copxriebt (Rec. September 5, 9.35 p.m.) Melbourne) September 5. At tho half-yearly. meeting of tho Australian Steamship Company, Ltd., tho chairman regretted that tho figures did not warrant a dividend. Tho past six months' working bad resulted in a loss. Other fillip-owning companies lilt.c themselves had been surprised by the recent largo increaso in expenditure in coastal trade, duo to increases in wages and a decrease in tho working hours ol tho employees. ■ To make up a portion of this drift some of tho freight raleE wero increased last July, and probabh further increases/will bo forced upoi tho company.
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Dominion, Volume 6, Issue 1848, 6 September 1913, Page 5
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109SHIPPING COMPANY'S SETBACK. Dominion, Volume 6, Issue 1848, 6 September 1913, Page 5
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