Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-11-11
CURRENCY AND LABOR.
A Better Prospect Ahead.

FROM various quarters II IS admitted that
somewhat better prospect is presented at th
beginning of this week in financial. bushes
and industrial circles Not all the factories am
industries have stopped by great many, anC
the majority OF those that are well managed ar
in no trouble. A correspondent OF the Boston
journal gives an encouraging account of tn
cotton and wooden manufacturers at Lewiston.
Maine. All OF the two hundred and fifty thou
sand spindles in that city are running as usual
with no knowledge on the part OF the managin-
agents who are in almost daily correspondence
with their chiefs, that any stoppage or curtail
ment is meditated. The wooden mills are doing
nearly their usual amount of work. In Pitts
burg, Pa, things are not nearly so bad as they
have been represented. All but one of the furn
aces are running, but wages have been reduced
10 per cent. There are said to be less than one
thousand men out of employment. The Monon-
gahela miners who are on strike, are expected
10 resume work at the old prices. At Johnstown
Pa, the Cambria Iron Company have reduced
wages 20 per cent. Very few hands have been
discharged. The Pennsylvania railroad com
pany at Altoona, Pa, employ usually three
Thousand i've hundred men. The hours have
been r. duced from ten to eight. In Harrisburg.
Pa, the manufacturers are stated to be in a
highly hourishing condition.
NEW YORK AND BROOKLYN WORKING MEN
-Four hundred iaborers were discharged yes
terday from the department of public works in
New York, and more will be discharged on
Saturday on account of the appropriations SET
aside for them being exhausted. At a meet
ing of the Aldermen of Brooklyn last evening
resolutions were adopted placing SIC 900 to the
of city works to Immediately employ the
recently discharged men ON the streets. At a
meeting of the tailors' central organization last
evening the visiting committee reported that
compromise had been effected, whereby The
workmen would suffer reduction Of only five
per cent, with the understanding that when
trade revived the old prices would be resumed.
THE STRIKE OF THE BUILDERS
still continues, and the men refuse to go {"
work until the employers and contractor
promise to pay the old rates. Building ha>
sod II 81 a,fs. NA. W.
a few contracts which are near completion ami
in one or two cases the contractors have sue
ceeded in obtaining enough non society men to
do the work. The greatest difficulty they tind
is in obtaining laborers and hod- carriers. H.
Broadway the men on strike congregated IL.
front of the Western Union Works, and at on
time 1t was thought raid was intended on tn
few iaborers employed in removing rubbish
but nothing occurred to interrupt them in their
work.
SPECIAL SESSION OF CONGRESS
The International workingmen's Association
held meeting SUNDAY, j. Cavanagh presiding.
Section IS reported that memorial to the com
mon council of Brooklyn had been presented by
them requesting the immediate construction OF
public works for the purpose Of giving work to
the masses now out OF work. A resolution was
adopted memorializing the President of the
gress to provide means of relieving the work
ingmen.
EFFECT OF THE PANIC ON EMIGRATION.
The panic has affected emigation to this
country to q marked extent. Not only are the
emigrants arriving in less numbers, but they
find it much more difficult to find employment
The Germans and Scandinavian however, are
generally exempt from all the effects of the
panic, because they are nearly all destined for
special points in the interior, and know jus.
where they will join friends, or gain employ.
ment, or invest in farms before they start from
Europe. Besides, they are frugal, and bring
our bond coupons or something that represents
more or less gold to each emigrant.
RETURN OF LABOR TO ENGLAND.
The New York Journal of Commerce saws: Ia
view Of a great scarcity of work and fears OF
consequent suffering during the coming winter
In this city and throughout the country general
iy, the Society of Amalgamated Carpenters ii;
is stately are ling large numbers Of English
workmen belonging TO their society, some OF
when have recently landed in this country
back to England to work there during the period
OF depression of business on this side or tn.
water. 1t is stated by members of the societ,
that there is good demand for carpenters ON III.
other side.
DROP DOWN IN DRY GOODS.
This week promises to see much lower prices
for many descriptions of merchandise, under .
pressure Of sales, for cash. ii. b. Claim Il Co.
Of New York, lead on to-day, by throWins tbei,
entire stock Of goods, both foreign and domestic.
on the market, ct such prices As it viii fetch
NO credits will be given beyond thirty days
tbs stock OF goods Is valued at six milfienso o.
dollars, and the effect OF this summary disposi
uon OF u, on the dry goods trade generally, will
DC watched with interest.
FAILURE IN THE TEA TRADE.
Inc tea hrm OF Butterrhail * Co., of New
fork, whose transacsions, says the Tribune,
generally aggregated &l,ooo,oo0 per annum,
Jailed yesterday.