, 1873-10-04

both before tho crush and at preaont, but 1t iB
very difficult to make collections, honco tho nc"
cosslty of hniehig up oarIy. Mont Of tho men
having accepted tho reduction, their full COM
ploment Ia at work still, md thoro will ho no
changes made Until the short scaBon Is oyor
BOYER ConNEAu,
quarrymon Ut Lomont, docks at No. 478 Fifth
avenue and No. 2G4 South Market strcot, hayo
discharged only about fifty Of their mon, and
would not havo discharged tlsoso II they had no..
coptcd the reduction. Tho firm haye lot Of
land to strip that they would have talon stone
out Of anyhow. to savo 1t from injury by tho
frost, and thoy do not desire to turn Off single
man who likes to stny. Business has been good
with thon, but money was, and still In, hard to
get. Still, they expect to collect enough to go
right along without any serious hitch. Thoro Is
tho bost Of feeling between tho employers and
omployos, md tho boys" aro willing to trust to
tho bosses" paying thom as we'll as
they aro ablo. Orders nro still COM
ing in, and thoro are good prospects
OF easicr ttmoa for collection ahead.
They do not expect to close up before the usual
entl Of tho acason, whei1 thoy will bo compelled
by tho frost to flood tl'oir quarreg until spring.
Tho present iluultes will int ";
discharge Of Binglo matt, nor any reaucuon III
""e rI1E SINGER rAEcoTT BroNE COMPANY,
u,,arrymon, Lem0nt, Offices No. 316 Franklin
street, hayo discharged about half their men.
and nro paying tho balance tho reduction. Thls
Company hive more ortlors than they can I'LL,
and arc obliged to turn tho smallest over at
times to othor people but, having adopt.
Cd tho principle TINT 1t is bottor to
do . aafe business than 2 large ono, mo,
material required by folks who hnyo tho money
to nav for it. Thoy usually close their soason's
business with tho closo OF navigation, ana hol'o
to do 80 this year, and not before D'ls II y iEa
were yesterday able to rccomnonce making d.
posits in tho First National Bank. aud hope to
continue doing SO daily llcnccforth. :.
EDWIN WAIKEn,
quarryman, Lemont, Offices corner OF HarIBon
and Franklin stroets will close couple Of
weeks earler than usual. Business IL good
enough, but collections arc so slow that it is
almost impossible TO keep going. stin,
there e., ae nEEoz E1s ct # Clearing tnn YGuro sd Is unaao
Ho considers tho worst is past; but tue
effect on him has boon bad enough to dotormino
him to closo up rs soon as tho good orders now
in are satisfied, without keeping opon Tor tlo
few days that would bring him to lilo cnd OF the
soason. The year las boon fair ono, md Il
tic panic had not occurred when 1t did, no would
have dono even more than ordinarily well. Tho
men ho discharged have all found work ut Lo-
mont on tile second track that tie st. Louis .
Alton Road is building there; consequently
there will be no suffering on account Of tho
present difficulty. Tho men that aro still en-
pioycd have accepted the 25 per cent reduction,
working at 51.50 por day at tho quarry, aud 81 in
the yard.
THE ILLINOIS sToNE COMPANY
arc running just the same Us ever. They havo
not discharged any of their hands, and do not
expect to do so. They haye made tne same i.ea to,
to make any further changes. Tholr business
continues good, aud seems to DO almost I'm.
affected by tho panic. They havo no fear ot
being Obliged to closo up their yours DuH1neHa
uvtil nature does 1t for tlInm.
THE CLou0u eToHE COMPANY,
miners, manufacturers, anadoalers in Ohio build.
| ing, stone, who claim to havo put up two-tlirds
of the Cleveland Bani i-stoue fronts of Chicago
arc going on with tAeir contracts as usual and
havo neither discharged any hands
nor reduced their wages. Tic effect OF
the panic with them will simply be
to hasten the ond Of the season and tho close oi
existing contracts, aud to p7evcut new ones be-
ling entered into. Their Office III Ut No. 453 Fifth
i avenue.
wonrEISaTox 4 sosB,
| Qlnrrymcn aud manufacturers Of grind and
bullding stone, Chicago depot, No. 456 Ffth
avenue, are finishing I'LL existing contracts aud
will only be affected by the pauic enough to conf
pei the closing of thoir Season earlier than they
Il expected to hayo done.
i FOR PROTECTION.
The following circular OF the Htono-dealers Of
! Chicago and qnarrylnen Of Lenont will explain
itneIf. at u lneeting Of the stonc-dealors o1
CAicago, tho following resolution waH adopted ::
WHEREAS, Prompt payment being the foundation Of
healthy anil prosperous trade and 1t Is desirable thai
tho utoue trade Of Chtcago 6e conducted ulnn this
basis a rrorhpt monthly settlement Of all blla-tha
| from the neglect Of this rule: therefore bo 1t
Resolved, Thnt We. the Undersigned, members Of
protection to ourselves, aud in Justice to re-
aponsb1o contractors, hereby ngree to exchange q
18th day Of each mouth, and nl such customers that
returned on any niember'a lst. We hereby ngrea
not to sell to. unless they shall havn first paid se-
tied with the stoue-frm or company upon whose List
Of poor-raying customers they may be, even should
TREY offer to pay the cash III advance, or for my
other equivalent The list contemplated by this agree
| tnent shall commence from and include Ill bluH fot
| stone contracted since Aug. l. 1878.
THE ILLINOIS STONE COMPANY,
THE SINGER !: TALCorr STONE Co.,
TIE EXCELSIOR STONE COMPANY,
+ EDWIN WALEER,
Il BOYER l. ConNEAU,
u CLQWRY DAoB, RE1D,