REPORT TO THE PRESIDENT
The PRESIDENT,
 The W~hite Housae.
 SmR: This is a report of the hearing on the Code of Fair Competi-
tion for the Paper Disc M~ilk Bottle Ca~p Industry, conducted in
WaC'shingtoni on November 27, 1933, in accordance with provisions
of Title I of the National Industrial Recovery Act.

 HOURS AND WVAGES

 This Code. provides a standard 40-hour week for factory w~orkiers
withl a wreekly~ tolerance of eight hours to be paid for as overtime.
The ulsuln ex-cePtions a re made in regard to noniproductive employees.
Office employees are limited to an average of 40 hours per week
over an eight-week p~eriod.
 The minimum wage in t~he North for hourly paid employees is 410$
per hour for males and 350 per hour for females. In t~he South the
minimuum wage rate for hourly paid employees is 35$ per hour for
males and 300 per hour for females. Office employees will receive
a2 mlinimuml'l wagRLe of $16.00 per weelk in the North and $14.00 per
week in the South.
 OPEN PRICE PLAN
 A~n onPn n'pric plan of shelling is provided, and selling below cost,
except to meet competition, is prohibited.
 OTHER PROVISIONS

 Provision is masde for furnishing the Administrator with such
sbtatistical data as he may require.

 ECONOMIIC EFFECT OF THE CODE

 The Industry employed about 4150 people in 1929. Figures sub-
mitt~ed by 19 of the 23 plants in the Indust~ry show about the same
number of employees in M~arch 1929 and in M~arch 1933 at which
timne over 63S9 of the employees worked 45 hours per week or
longer. The effect of the Code will be to employ about 90 addi-
tional p~ersons.
 In Rlarch 1933, 34% of the male labor received less than 400
per hour and 98%~ of the female labor less than 35e per hour. The
total increase in pay rolls as a result of the Code will be approxi-
mately 7.5%b.
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