Huge Losses in Shipping Strike
8,000,000 Dollars A Day to Business PATIENCE OF EMPLOYERS AT BREAKING POINT United Press Association—By Electric Telegra ph.—Copyrlßh t, Received Friday, 9.20 p.nu LOS ANGELES, Jan. 21. The shipping strike is disastrous to California which is dependent largely on its import and export trade. The loss of transient tourists to and from tho Orient and Australia is serious. Tho Chamber of Commerce was preparing to entertain those attending the Coronation but fears its plans will be futile. Many industries dependent on imported raw materials are affected. Mr. Carvosso, representing tho foreign traders, stated that the losses to Pacific Coast business are estimated at 8,000,000 dollars a day since the strike started. In addition to 35.000 strikers, 10,000 other workers are unemployed and the wage losses to Los Angeles waterside workers alone amount to 50,000 dollars a day. The heaviest losses apart from shipping are in the cotton, fruit-canning, cereals, grapes, rice, lumber, iron and steel industries. The patience of employers, farmers and fruitgrowers is at breaking point.
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Manawatu Times, Volume 62, Issue 19, 23 January 1937, Page 5
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172Huge Losses in Shipping Strike Manawatu Times, Volume 62, Issue 19, 23 January 1937, Page 5
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