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Show decline in business shoy;njybethlehem NKW TORK. Mr.h 13 Oroaa aalra and aarnlnaa of tha lllhlhm Kiaat corporalloa for lI0 iff, $274.411. it, a darrvaaa of 17.11 7I. acrordlnc to iho raport laavrd Mondar. Total nt aarnlnaa of IK 111. (.'.4 ahad a ocraa of It til Kl. and lha l Incoaio of 114 4f. or I II par rant. aa laa by lMU. Valua of nrt-n al tha and of l! Calibrated liai.l;. aaainat 1204.. 1II.IH In Hilt, and 111.14041 In 117. It aa aialad. however, lhal ordera for new rnneiniriion will keep tha priori, pal ahlpbulldlng planta employed for Ihe year. Iluaineaa rontrarted moal aharply In , tha laat quarter of !:. lha value of unfilled ordera let-ember II being 1141 244 117. a comparad with 1261.. 421141 la i. Although lha average number of em -P-oyea In l:a waa far under that of lha t we preceding year a, lha rata of pay waa higher. Kegardlng Induatrial rendlilona. lha aiaiement of Chairman C'harlea M. rxhwab and iTealdent K u. Uraca aald: "Tha rapid contraction of bualneaa and tha decline la tha market prlcea hava neceaaliatad a larga derreaea In tha number of employee, together with reduction of wage ratea. In thla readjustment re-adjustment repraeentativea of tha em ployea hara met lha management In a fair and cooperative apirit." |