New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-01
rom Cohoes to Buffalo which showed the least hosita-
ton in giving all the information asked for
pusrNFsS UOPFruI

OF employment here The coming Winter, ana the re-
mander will have work on shorter time reduced
wages. The report the NewYork papers by the
Associated Press that 1000 5000 persons had already
been thrown out of employment here is emphatoally
denied. Business men here and elsewhere with whom
your correspondent cOnyersed agree saying that
the country in better condition TO stand
panic and temporary suspension Of business than
Most OF them Of the opinion that il will be good
thing for the country In teaching the people TO
economic within their means The deposits in
savings banks throughout the State have been
within the past years. and laborers and mechanics
who have been prudent better able stand
loss OF employ ment than now. Two savings banks IN
this city, the Erie County and the Buffalo, have upwards
OF t8OOoOOo deposit, and there three or four
smaller Institutions proporuonally prosperous
The INDUSTRIES OF PATERSON. n. j.
a LARGE NUMBER OF MIN OUT OF EMPLOYMENT
THEIR PROSPECT FOR THE wINTER-REDUC-
TfONs IN TINE AND DISCHARGE OF EMPLOYEES IN
THE LOCOMOTIVE wORKs-THE SITUATION IN
OTHER ESTABLISHMENTS.
IFROM SPECIAL CORRESPONDENT OF THE TRIBUNE.l
PATERSON, Oct. 31.-A tour through the
manufacturing of this city is not cheerful.
Where few weeks ago was the hustle Of remnerauye
industry Is now comparative quiet After
dark the change ia more noticeable than dur
ing the day, and the traveller passes factory
after factory which entirely unliChted' or
have only story end lighted. In other parts
OF the city the effects the general stagnation in bus
present themselves hardly less srikngy Groups
OF robust healthy stand street corners or in
front OF the stores wearing the stess aspect which be-
longs the ider from compuson rather than choice
Among all classes with whom your correspondent has
cOnversed there feeling of gloom and of intense anx'
iety in regard TO the future
De Grasse b. Fowler is the present Governor OF the
society for Establishing Useful Manufactures" which
incOrt,ortted in l7gf organization of
which Alexander Hamilton was especially active. This
society holds fee Of nearly all the waterpowers
and adjacent lands in the city, the mill
owners holding long leases OF the prop
erty occupied and used by them. Mr.
Fowler is therefore, well prepared to take compre
hensve view OF the manufacturing interests of Pater
any could be, though not prepared TO enter
in details in reference 10 the several manufacturing
firms. He told your correspondent this afternoon
that he had been very hopeful, not only
in respect to the future but In respect to the present
until he saw Of sprage's troubles He felt
that their embarrassment terrible disaster. and
very fur reaching in results the firms with which
the 5pragues connected Identified with
branch OF industry In Rhode Island, and their
troubles would extend the feeling of doubt and
uneasness which already pervaded all departments Of
commerce and manufacture. He thought that not less
than 5000 working already out OF employ
Paterson and their number could not fail to be
largely increased from week to week. The wages Of
most Of them had been good In the past and he thought
it probable that many had laid money aside; but with
many the Winter would be a very hard one, and he
feared it would be with all before business reyves.
He would urge every eXpedent for taking OF them
and he believed that steps would be taken 10 prevent
any suffering Work would have TO be made for the
uuomDoy aDOrers as in 1857, when the city
employment in grading streets &C. TO all who were will
ing TO take IL at low wages Other persons with whom
have talked have placed the number Of abOrers at
eutO ont Of work "a lower than Fowler
only from official statements from the superintendent
OF the several works correct estimate be reached
TTrB LOCOMOTIVE WORKS NEARLY AT A sTANDsTILL.
The most important interest OF Paterson is the
facture of locomotives. The Paterson the Grant the
Rogers aud the Danforth Works have fur
niShed an average OF locomotive a day
FOR several years. The business has nearly reached
a complete standstill Mr.. Bauyelt, superintendent OF
the Danorh Works. said that they manufactured loco
motives, and cotton, silk and sugar machinery. The
demand for cotton machinery was good as usual and
no orders for locomotives had been countermanded
the trouble the railroads did not want their
orders filled just yet, they unable to pay for
them at present. The Company did not wish TO com
plete the orders and have so much capital
locked up on their hands. They had orders
Tor 50 engines from the Chesapeake and Ohio
Railroad. some Of which were partly finished,
aud they had stopped work them Seven locomotives
have been flushed for different roads and waiting
orders for shipment and one yesterday 10
Western railroad; 25 have been recently shipped to
the BALTIMORE and Ohio Railroad, and few others
RAPIDLY approaching completion. No orders are
coming H. and Blauvet said that unless there is
decided change they cannot keep running much longer
Their business 10 this branch is entirely dependent
upon the prosperity the railroads, and they form
no opinion reference 10 the future till they learn what
l. 10 he the result OF the railway panic Before the pane
the Danforth Works employed 754 men 10 hours day;
fbey now employ CO hours each day. thrngt
hotter 70 distribute the loss among their hands than 10
ital invested IN these works Is estimated az ab0ut
81 ODOO ana probably that OF tue four locomotive man
ufacfories above named Is not less than 100000
The Rogers Locomotive Works are the largest IN the
country with the exception of one establishment in
Phiadep hia. In good times they employ from l6gO 10
100 men; but they have now reduced their force
~ ZOO whom they employ on full time.
They mud the difficulty 81 which
Mr. Blauyelt spoke. The companies ordering lOc0mO-
future ability is too uncertain for the man
ufacturers TO feel authorized TO 90 on
accumulate 50 large amount OF unprOductve stock
for an indeh1ie period Tie Superintendent said that
he could say nothing OF the future movements OF the
Company except that they would 20 GU until compelled
10 stop from want Of orders.
The Grant Locomotive Works have discharged 800 ont
of 700 wOrku and are finishing up some work they
sad on hand when the panic came on They have pro
duced from Is TO IA locomotives month, but
fne railroad companies from whom they now
have orders ready TO pay for their engines and
fbev are satisfied they cannot Keep up manufacturing
more than two weeks longer unless there Is decided
change Tor Tue De'tOi'O VI "N'0" 'NO4O '' Nv '"" o.
Tbe three manufactures situated close together,
near tie upper mIrtce, and MI Fowler called atteu-
ron 10 the quiet and deserted Streets saying thd IN
GOOD times he often found It difficult 10 get around with
S carriage on account OF the engines which were pass
ing their 70 be shipped ana pieces vi H"chDey
going from one building 10 announcer
REFLECTION OF TINE AND WAGES lSioTHER 'EsrABLisH'