Wage cuts loom as New England railroads plan staff drops
Railroads including Boston & Maine, New York New Haven & Hartford and Boston & Albany move to reduce unskilled wages effective April 4 or March conferences. Notices target station, platform, warehouse and maintenance workers with trains of layoffs looming at Readville shops amid revenue shortfalls. Union leaders push back citing low pay and high living costs, urging negotiations and highlighting worker hardship.
MENTIONED IN THIS ARTICLE
Railroad Labor Board
New England
New England Railroad
t+he
Boston & Maine
New York, New Haven & Hartford
Boston & Albany
Bangor & Aroostook
Vermont
Maine Central
Rutland
B. R. Pollock
Boston & Maine Railroad
New Haven
Boston
West Springfield
P. J. Coyle
Brotherhood of Railroad Station Employees
Associated Industries of Massachusetts
State Chamber of Commerce
Boston Chamber of Commerce
Readville
New Haven Railroad
Money market loan rates listed by brokers and customers
A historical money market snippet lists brokers loans at 7 percent, outside brokers call at 7 percent, individual collateral loans at 7 to 8 percent, customers commercial loans at 7 percent, and year money at 7 to 8 percent.
Securities Acceptance Corporation Notice to Stockholders
The annual meeting for the Election of Directors for the ensuing year will be held at the company office 616 Fifth Avenue New York City on Tuesday March 16 1921 at 2 oclock P M William Hutchison President a Bb ord Secretary.
MENTIONED IN THIS ARTICLE
Fifth Avenue
New York City
N. Y
William Hutchison
Boston Wholesale Prices List of assorted produce and meats
A comprehensive Boston market price rundown lists Baldwins apples and many fruit varieties, assorted nuts and grains, butter and cheese quotes, eggs by grade, flours and feeds, various meats and poultry prices, bay staple goods, fruits like oranges and cranberries, vegetables, and dairy items with per 100 pounds, per ton, or per case figures.
Kinney Seeks Reinstatement After Jumping Contract
Walter Kinney, a left handed pitcher, asked manager Mack at spring training in Lake Charles, Louisiana for reinstatement after leaving the Philadelphia American League club to join Franklin, Pennsylvania. He was told the move bars him from organized baseball for five years and that reinstatement requires Judge Landis. Kinney said he would contact the judge immediately. The fashion note about plaids is irrelevant to the baseball item.
MENTIONED IN THIS ARTICLE
Philadelphia
Walter Kinney
Franklin, Penn
Mack
Lake Charles
Landis
Kinney
Railroads Propose Wage Cuts for Laborers Continue debate
Continued from Kirst Page No hope of a reduction in passenger fares to commuters is held forth by the railroad managements as a result of the saving expected to result from the wage cuts.
Reductions in Pay to Be Decided After Conferences
The exact amount of the pay reductions will not be disclosed until after conferences with duly accredited representatives are completed.
MENTIONED IN THIS ARTICLE
Repre
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Eess
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Securities Acceptance Corporation
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