New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-08
WORKINGMEN'S PROSPECTS
THE WINTER OUTLOOK.


will be cut of employment this Winter. there Is no oeca'
sion for apprshe nson there s TO be anything Ike
general or widespread desttuou among workmen
several bandcra;ts largely followed In this city
Tsere present very little trouble between the
mon aud bosses. The bTieklayers. who were recently
engaged in struggle with the builders In consequence
of the attcrs effort reduce from TO IS 80 per
day, have boon entirely successful there oclns io"
bricSlsycrs 10 the city at work for less 'han VIC
scale price OF s. for eight hours. genera s''iNo
OF this class Of workmen would have maze no pri0u'
disturbance the DddiDg interest at this time ~ Tue
Fa obs arc nearly all done aud there would have been
uttlo distress among the men In Consequence OF
strike from the fact that fund Is provided LOT NY inc
National Bricksyers' Union. from which the New-fork
branch would be entitled to draw S24o0 per week Mach
interest has been manifested in this contest by several
other handcrafts connected with tho building interest,"
iuasmueh as the reduce brcklayers wages was
believed 10 be the entering wedge OF general
attempt to reduce the price OF labor Builders COM
planned OF the Guness OF the times aud argued
that a reduction IN the wages Of briekayers would
enable them lower their estimates SO rs TO attract
capital An intelligent workman, in conversation with
the reporter Illustrated the alacy OF this argument by
stating that Tor the building OF ordinary s35Oootcne-
mont house II requires at liberal estimate, only eight
masOns ana many laboIers II working days Tue
saving q, the builder OF s9J by tins means lie
considered TOO Insignificant TO be recsoned an im-
portaut inducemcat for capitalists to Invest
In improvements real estate "orA
In this nne generally suspended here about Nov 10
OF year and bricklayes either 40 South OF are co
pelcd TO be idle Understanding this fact those work
men who Intend 70 remain make due provision for the
o by savings from their earnings Of the rest OF
tho year Twenty five hundred OF the 1900 brckayers
IA this city arc st work and as the past year has
than its three predecessors very itte II any
ptlvation may be expected among them this Winter.
Work dun among the journeyuen stonecutters, only
ouerd Of the 500 members Of that association
hqi INC nov al vuVx q OF a
business day, 9ud there &c az present ne dl'
- - rerween bosses ana meG A workman who has
beon At the trade % years In N6wYork inort1sd the
ropcricr that no strike undertaken by tue sto"e-
~cnftSFs with that time had failed Tue men arc
usually busy IN Winter about ope-ha!t OF tne 1De, y
there is little prospect 81 work TINS yea" ueS '',,
TOW ,-oois longer he thinks however, that puulne'
and a consequent demand for cut s'ohe "" NC ~
,ily brisk I'm The Surug az Al Has "eeh nls th
atter each period OF collapse IN stock anu Oluci
ncnstiye transact there follows larhel "c'lNly
IN reai estate improvements IN consequence "i e'un
M cYwta 10 more legitimate ehanneis OF iuNeStn'n1'
u ere hos been dearth OF work an sUunyI nc $50
and workmen IN prepared TO meet tne og gi
Winter he therefore anticipates eOnsidefaDe suh1tlns
year past and their business Is nov quite nat lGeie
bong also PROBABILITY OF WORK uutl % t1y, tis ess
nj Workueu arr decidedly gloomy over ilc NIntT ul'.
pect 10 il inevitable that some o. lhem lnu,' snhI ~
assistance not rendered Their Union y lo p'1 3
ASSOCIATION, and 10 relief csh Dc cNlcet" HV" 'h"'
VIE carpcnters are not SO Thoroughly organized as
some Of their Gnd have therefore failed
70 resist tie demands q the bosses Nor6 IA teli ine
Whatever o is offered without regard TO wages or hours
oflabor OF nc 5000 CARPENTERS IN I cry Ip'g t p
a., c0urcctio with the extreme dulness Of tho past
.sSsVp, i Sumption q Guoug in ths spriug
The c0oVors make no coh i.ht. buslIehS WIN tnem
EewY1rk and yiciuity) work az prices ranging
from $ 10 g % ger day I9Sie T. 40 poD 1 and M
trouble between the Union ana employers - dntSl-
patcd. The cOopels Of Nc"-York heohg TO the
tCoopor,' International Uniou OF North america
which ORGANIZATION n.el'I's 'nut 800 90
well provioca With funds against any ordinary heeeS-
The ca6iuet ua,ers numbering about 100 are less
fortunate than tnc coOpe least oncbaf OF them be-
ngnow out OF work The rest have consented 10 reduc-
Ion cousegncnCe OF an utter dearth OF orders in
hands manufacturers AND ompromse offer on their
tor the sake Of keeping men IN employ, e
rass Of worknen being FOR the most part hIliE ana
prudent great desctutiou WI prooloy result from
Tne moldrrs number zoo aud doing better than
see no diclTion as vet Of serious falling Oh IN work.
she exers OF eommS9 Prsde e,o S alouoed'
rHE SAVINGS BANrc TEING DRAWN on FOR TIE
SUPPORT THE IA LIES Oh UNEMPLOYED La
BoRERs-NO DUnCUI y ANrCIPATED.
The fact that large number of the work
inqlnen OF New York out II employment, and that
very many have been without work for some time, has
led TO the superstition that those who had during the
time Of Their prosperity laid W portion OF their
IN the savings banks their support, bat thorough In
oury by TRIBUNE reporter at the savings banks, shows
that total deposits are larger than usual though the
amounts placed 10 trust generally small the depos-
itors reserying sufficient supply present necessities.
There seems also 20 be spirit OF accOnmoda-
tion among many ~ the depostors to assist
their friends who in need, and also slight
tendency and invest IN real estate or
tcmped by the rate OF interest which some
merchants are compelled give 10 order to raise funds
oh Uxrge frRaU fsuuffn
pay larger per cent than is given at the banks Yet
Al these causes have not led great withdrawal OF
deposs and almost all who gave the required notice In
september that they would draw their deposits have
aimee withdraw their notices 50 far as tue banks are
concerned they are not doing large business as
usual but are perfectly sound and are generally paying
al demands without requiring any previous notice. -
MI Brown, President OF the Bowery Savings Bank.
.ad that their depOstOrs very largely laborine
peope and that effect Of many OF them being de-
pryed Of their customary wages through lack OF work
was beginning 20 be felt many Of them having begun to
draw out small 8 and $40 at times During last
month they had paid out more than double the amount
oisbursed IN October ls72 Many, especially Gormans6
arc investing their money in real estate, not through
nuy lack Of confidence IN the bank but because they
ore receiving very few deposits business was dull aud
an inpr: ,ss9t so2ls hardly b s1gsets4 asDs
' At The a1si1 SeSeft Savings Bank It was ieafned
Ds. they doing much less business man ontb uSa as
hutfn q amount OF money drawn out
about 80 per cent less than thsl2Tay4 YI gginH 80
her Is79 Yet very many OF their deposors were 9W.
,sg ont ANAL sums to meet immediate expeosss aud
many instances had to their knowledge OF Money
,a'S drawn out 10 assist unfortunate friends while
fsq mad drawn their money 20 invest 10 where would
Ysld larger per cent There wac, however an excess
- denosits over the amounts paid out Renewed con,
Sdense In the banks had led their depostos VINO haa
given notice during the panic that they Woud Hi.nAm
ssbstr denoslts TO reconsider aud decide not 70
10 40 Inc President OF the seamans eaShSs
nora during october, 1873 than they md dnrips cno
sse month last year. and that very many peogae
drawing out snaii nI ~ sntrely cut OF the