-451-


 For the newT budgetary year from L.arch ?,;, I?5 to
.:arch 25, 1936 the Code A-ithcirity estimated a probable sale of
65,000,000 labels, divided into 45,':-0,000 labels to be sold to
the 325 present members of the Ladies' Handbaj Ir.uztry pay in
assessments, and 20,000,000 to be sold to two new groups, (to 7it,
Imitation Leather & Kovelties Industry, and Shop-Ain. 3agc, Bathing
Bags, etc., Industry) expected soon to be included under the ad-
ministration of this Code Authority.

 The Ladies' Handbag Industry members subject to the
provisions of the Code vere stated to be 500 unit establishre-ints
consisting of 325 manufacturers and manufacturing jobbers and
175 contractors, the latter not being subject to assessment, with
total employment of 15,000 workers on an estimated annual payroll
(for 1934-1935) of $9,000,000.00

 Total Industry sales for 1934-1935 were estimated at
$35,000,000.00 against which assessments had been collected to
January 31, 1935 on net sales of "26,093,664.

 The mandatory use of labels became effective July 2, 1934
at $2.50 -oer thousand, but the first issu-mce of labels occurred
June 18, 1934. From that date to :1ay 3, 1935 when the records of
the Code Authority were inspected the folloVuing is a monthly tabu-
lation of regular labels sold to manufacturers pnd the ag-;regate of
sticker labels sold for merchandise on hand July 2, 1934.

 Unit Sales of Labels


1934


Regular Labels


June (from 18th)
July
August
September
October
Nove euber


1935


Re,-iIlar "Labol I .'


1,220,000 Jan. 3,543,000
2,154,000 Feb. 3,092, :-0
3,529,000 arch 3,754,000
3,487,000 April 4,571,00-'
4,044,500 1ay (to 3rd) 491,500
4,310,000 Total June 18,1934 to
 ];ay 3, 1935 36,607,000
 Total Sticker Label Sales 825,0'0
 Grand Total Label Unit Sales 37,432,000


The actual cost of labels to the Code Authority was:


Regular Labels first
 next
Sticker Labels first
 next
 last


30,000,000 at 400 per I. 2/10 E.O.IN.
10,000,000 at 27 " 2/10 E.0.II.
 500,000 at 19r "
 200,000 at 19 "
 200,000 at 25 "


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