Resources of Labor Banks Reach 127 Million at Year End
Resources of labor banks at the close of 1926 totaled nearly 127 million dollars, with two banks discontinued and one large bank sold. The largest bank by profits is the Brotherhood of Locomotive Engineers National Bank of Cleveland at 25.5 million, followed by the Federation Bank of New York at 18.6 million. There are 36 labor banks in the United States.
MENTIONED IN THIS ARTICLE
International Labor News Service
New York City
Princeton University
Federation Bank and Trust Company of
New York
Brotherhood of Locomotive Engineers
Co- Operative National Bank of Cleveland
Federation Bank of New York
Labor National Bank of
Jersey City
Brotherhood National Bank of
San Francisco
Labor
United States
Federation Bank and Trust Company
Piappingstakessinn
Amalgamated Bank of
Amalgamated Trust and Buyings Bank
Chicago
Brotherhood of Locomotive Engineers’ National Bank
Boston
Brotherhood of Locomotive Engineers’ Bank and Trust
Birmingham
Labor National Bank
Great Falls
Mont
Employment Lags In Vehicles In January 1927
Washington reports both employment and payroll totals down slightly from January 1926 by just over three percent. Inventory taking and repairs slowed factory activity in January, with carriage and wagon jobs dropping about one third and automobile work down about one fifth. Other declines hit agricultural implements and various metal and textile industries while leather and paper sectors showed gains.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Chinese Leader Presses for Independence and Tariff Autonomy
Sao-ke Alfred Sze, Chinese minister, told a Washington luncheon the Chinese will press for independence and tariff autonomy. He compared China’s losses to British dominions and warned foreign settlements in major cities enjoy near independent status with their own laws and police. He argued powers have long constrained China’s sovereignty and hindered a strong unified government.
MENTIONED IN THIS ARTICLE
Washington
Sao-ke Alfred Sze
Great Britain
China
Britain
New York City Central Labor Body Ousts Communist Union Wreckers
The Central Trades and Labor Council expelled twenty three delegates from fur workers and ladies' garment workers locals for communist influence. Leaders Ben Gold and S Zimmerman were named as part of the alleged wrecking campaign. The federation vowed to purge communist elements, with William Green urging union-wide action and Mayor Walker to be shown evidence of collusion with police and bribes. The International Ladies' Garment Workers' Union seeks to recover properties, while former joint boards face legal actions over debt.
MENTIONED IN THIS ARTICLE
New York City Central Labor Body
Communist Union Wreckers
New York City
Ladies’ Garment Workers
Central Trades and Labor Council
Ben Gold
S. Zimmerman
A. F. of
Joseph P. Ryan
International Labor News
New York
William Green
A. F. of L
Green
Walker
Nnst
America
James O'Neal
International Ladies’ Garment Workers’ Union
Tts
International Union Bank
Cloakmakers’ Joint Board
Ineals
The Five Day Week Will Expand Across U S By 1930
In New York City custom drives a shift toward a five day work week with two days off. Garment trades already observe Saturdays off in summer, while other industries such as printing, sugar refining, and law may follow as cities like Paris show two days off. The trend hinges on worker habits and travel costs. By 1930 major U S industries are expected to adopt a five day week.
MENTIONED IN THIS ARTICLE
International Labor News Service
New York City
Paris
United States
Barber License Bill Backed by Journeymen and Masters
In Chicago the Journeymen Barbers International and the Master Barbers of America, with Associated Master Barbers, urge state legislatures to enact a model barber license law. The bill creates a three member board of examiners appointed by the governor, all practical barbers with five years in the trade. Applicants must be 18 or older with 18 months apprenticeship. failure to pass requires six additional months. Apprentices must be 16 1/2 with a completed eighth grade diploma or equivalent.
MENTIONED IN THIS ARTICLE
International Labor News Serv
Chicago
Journeymen Barbers
Ilinois
General Assembly
Journeymen Barbers’ International Master Barbers of America
Associated Master Barbers of America
Psaee
Union Labor Life Passes Goal With Over $750000 Raised
Washington DC report notes Union Labor Life Insurance Company closed its stock books after exceeding a $750000 goal with about 3 percent costs. President Matthew Woll stated late applications would be declined, praising the move as a low-cost funding record and a sign of future work in serving working people.
MENTIONED IN THIS ARTICLE
International Labor News Service
Washington, D. C
Union Labor Life Insurance Company
Iabor
Matthew Woll
Passaic Strike Ends After Company Concession
Textile strikers in Passaic have accepted a president letter as a basis for peace and voted to end the strike. The letter stops short of recognizing the United Textile Workers Union but marks a concession and signals a shift away from the previous anti union stance. Other mills in Passaic and nearby towns also suspend strikes on similar terms, though tension remains at Botany Mills and several others as workers prepare to challenge unionization again. The dispute began over a 10 percent wage cut with police and authorities aiding the employers in attempts to break solidarity.
MENTIONED IN THIS ARTICLE
Passaic
Fortemann & Huffmann Mille
Citizens' Committee
Forstmann
United Textile Workers’ Union
Porstmann & Hoffman Company
Gora Worsted
Dexsey Worsted and Spinning Company
Botany Mis
Passaic Worsted
Garfield and Durdee
Botany
Labor bosses back Crow in bitter party clash
InternationaI Labor News Service reports East St. Louis Judge George A. Crow receives no endorsements from St. Clair county Republican committeemen. Labor groups label him anti labor for jailing youths without trial and cite his Illinois law violations. Trade allies urge active efforts to defeat his renomination at the April 9 convention.
MENTIONED IN THIS ARTICLE
Internaational Labor News Service
Chicago
Organized Labor
George A. Crow
East St. Louis
St. Cliie County
Crow
Third Judicial Vnrent
Republican
East St. Louis Central Labor Weien
Belleville Trades and Labor Assembly
Judge Crow
Ilinois
Monsers
Ragdolyl
Munrov
St. Clair
Madieur
Bowl
Washington
Perry Sour
Akron Typograph Union Signs Three Year Pact
Akron Ohio report states local Typograph Union signs a three year contract with one newspaper publisher dated October 25. Wages begin at 150 dollars per week through near October with advances to 250 dollars in the second year and 490 dollars total for the three year term.
MENTIONED IN THIS ARTICLE
Akron
Ohio
Unie
Also Mentioned on This Page
Ellers
Sellers
Krebs
Congress
Woll
Federation
Furmiers
the International
Red Guards
Joint Board
69Th Regiment
American Federation of Labor
Banjo Club
Sinbeld Music Store
Hamilton
South Third