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Show WAGE RAISES MORE GENERAL NEW YORK, Nov. 10 (UK) Wage increases in the steel and automobile industries, spurred by the new federal tax on undistributed undistri-buted corporation earnings, were expected in Wall Street today to reach 1,000.000 workers soon, placing- their hourly earnings at a higher level than in 1929. The steel industry led the way last Friday with a 10 per cent increase for 500,000 wage-earners; j the Ch)ysler corporation announced announc-ed a $4,000,000 bonus for em- ployes, and the Standard Oil Co., of Indiana set aside $4,500,000 for its workers. Today the gates were let down by the General Motors corp., with a wage increase of 5 cents an hour for 200,000 workers, amount-dition amount-dition to a Christmas bonus of ing- to $20,000,000 a year, in ail-$10,000,000. ail-$10,000,000. ' |