New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-08

Inv soe for tho purpose Of putting In new nachinery'
and by others In Of the money panic Iheo
are four OF these factories, the Hammer h"cnoi
eagle" and Penn" OF which only tue bihher 10
now running They small concerns however. Gun
ploying altogether only 1oo hands, mostly girls Thero
are also two small wooden mills, both running as usual
There are 81 oil Of which In operation WIN
be usual force There are Is anneTes, employing rom
IS to 20 each, in Of which has there peeh '
reduction OF time, wages, or number oil hhuus' i''
business Is represented as dull, there Doing i''o
mand except for oak-tanned sole ioa.nor
There are 6s glass factories about ohe-'ni
OF which are engaged in the manufacture
OF window glass; one-third IN making bottles anu one
third in table glass. chimneys. &c These iaotoiio'
always stop for month OF six weeks In Tue o""o' rvs
repairs. After the repairs were MADE ths ounnio '"o
EMPLOYERS in window glass factories inlorneu eno ~
TINT thew could not continue to pay the same wages
they had DONE which were from 30 to 90 per cent ns
than wore paid by the Eastern manufacturers ana H.
sisted Oh reduction OF 10 per cent ana some oio
The men refused to accept it ana nave ocen ou' VI
employ ever since. Consequently the windo"-R"ss
manufacture has ceased since july There are aoou'
20 OF these factories averaging about 40 men TO each
tory The bottle factories all running TIL yes'er
day when the one factory refused 10 aCoePs :"
reduction OF l2 per cent In wages andare now out
remainder Of the glass works are running WIN inc
usual force. Glass blowers here nave oeeh so'''"e
500 and s22S per month, while EsstoIn o'o"o.'
only get sl25. All the men engaeeu IN '',o
industry that are out Of employ resume WORK any
day by accepting reduction OF wages There are eisn'
white lead fac ores here, employing about b men oac"
ali Of which are running usual with reference W 'o
other manufactures OF which thero are great hunpof'
a. may be stated generally that they are all In operation
but the largo majority have made some redncuon III
time or wages. good many OF the large concerns VI
Ptisburgh paid their last month hai CURRENCY a"u
cave them credit for the other half No notes or que
bills have been issued.
TO sum up the situation there have been but very
few persons turned out Of employment thus fur IN tb'
city in consequence OF the panic Those who are out
we're either out before the panic commenced or have
voluntarily left rather than accept reduced wages
How long this favorable state OF things VIII continue no
one pretends predict II the pressure continues ior
GO days longer 1t Is the opinion OF most employers that
there will have 10 BIO large reduction In force or ah
entire stoppage OF manufactures But prospects have
somewhat frightened within week, aud business men
generally are looking for revival Of trade. Banks here
have paid checks depostors in greenbacks all through
the panic aud have discounted 10 regular customers
when needed for legitimate business. but have given no
accommodation speeulators or outsiders. business
men generally favor an expansion OF the currency
while the banks oppose II. desire to express my
ACKNOWLEDGEMENTS to Messrs. +. Woods aud JOS d.
Weeks OF The American Manufacturer IN this CITY Tor
statistics and valuable information.