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U.S. STEEL WORKERS

Big Firms Approached on Bargaining Policy (Received 5, 8.45 a-m.) NEW YORK, March 4. Forty CJ.O. organisers met at Pitts* burgh to plan a concerted - drive to attain a universal contract with all steel workera for a single huge industrial union whieh will xival in sizo the United Mine Workers. The employed steel workers now total 550,000. It is announced that the General Electric Company has agreed to hold a collective bargaining conference with the United Electrieal and Radio Workers affiliated with the C.I.O. on March 15 to establish a formula for a national agreement on a wage policy, union iscognition and working conditions for the company 's flfteen plants. Approximately 60,000 employees are ' affeeted. In one of the most bullish demonstra* tions in recent history itocks elfmbed over six points ac a result of heavy public buying through growing optimism regarding the labour situation in steel and other industries. Brokergi also reported a large increase in foreign buying. -United States Steel touched! 123, Allied Chemical 240 and Chryslerl 133 among stocks making notable gaina,) although the list as a whole respondedj to the improvement.

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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370305.2.113

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 42, 5 March 1937, Page 12

Word Count
188

U.S. STEEL WORKERS Hawke's Bay Herald-Tribune, Issue 42, 5 March 1937, Page 12

U.S. STEEL WORKERS Hawke's Bay Herald-Tribune, Issue 42, 5 March 1937, Page 12

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