Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1873-11-07
business Stagnation.

course hHeCL lTelButinR anu AhOo Va
transportation. In the cities the num-
Der out of employment is already large,
especially among the female operatives
and sewing girls in Brooklyn and New
York.
Many believe, however, that in two
months there will be an improvement.
We give few of the "gloomy notes,
to show what has become quite general,
as follows:
Twenty-Five lumber mills at Saginaw,
Mich. shut down with the close of last
week.
The Peoria Ill. iron works are on
half time, with reduction Of fifteen per
cent. wages.
In Nashua there is general reduc-
ton of help being made throughout the
mills and shops.
The shovel business in North Eas-
ton, Mass. has become very quiet, and
the works are run but four days week.
- The Salmon Falls, N. II. Manufac-
turing Company begin work in their
mills on the nine hour system this week.
Both iron works in Morristown, Pa.
are stopped, and 900 men are out of
work. The cotton mills there are also
stopped.
The Kearsage Mills, Portsmouth,
N. II. have decided to reduce wages
rather than to stop the mills wholly or
in part.
james Roy u Co. of Port Schuyler,
N. Y, have three iron mills, of which
two are closed and one is running on
half time.
- The Manchester, N. II. locomotive
works have turned off during the past
month over 200 men, and now employ
about 450.
- The Taunton Car Company has re-
duced wages % percent, and twenty
five of its carpenters are on strike in
consequence.
-One-third of the machinery of the
Uxbridge, Mass wooden mills has been
stopped, and the remainder is running
on three quarters time.
The railways which have head
quarters in Chicago have reduced the
wages and the working hours of the me-
chanics employed on the various roads.
- AT Germantown Pa, about one.half
of the mill operatives are out of EN- ploy-
ment. Bronson's mill is running four
days and half in the week ON hosiery
with about two-thiris the usual number
of hands.
No men have been discharged from
the workshop of the Erie Railroad, but
the force will be put on three-quarters
time from tue 1st of November, the ar
rangement to affect only those who re-
ceive 81 AS per day and over.
A great many of the shoemakers
of North Brookfield, Mass. are looking
for employment elsewhere, on account
of the dullness of work in the establish
ments there. The "big shop" is run
ming but nine hours day, and only
half the usual force of men is at work.
NOT SO GLOOMY.
Not all business " notes are so
gloomy as the above. Here are few /:
The Hopewell Mill at Taunton,
Mass. has orders that will keep it run
ming till Jan. LIST.
A sewing machine company has
purchased factory at Jersey City and
will give employment to 400 or 800
hands.
A new manufacturing company
known as the Etna Shear Company has
just been started in Milton, Coma. The
company at present employ twenty
hands.
The iron works at Phenixville, Pa.
are still running on full time. 1t en-
ploys 1900 men, and seven or eight hun
dred in the mines. A slight reduction
of wages has been cheerfully submitted
to by the men, and work will be furnish
ed all winter.
AT Waterbury, Conn. number of
shops have reduced their running time,
but, with two or three exceptions, have
made no reduction in the number of en-
ployees. Thirteen firms and companies
are running on full time.
TREASURER SPINNER's REPORT
Treasurer Spinner's report shows that
the amount outstanding at the close of
the fiscal year was $685., 424 $40. From
this amount should be allowed large
margin for the notes of all kinds that
have been destroyed and lost, and that
never will be presented for redemption.
The United States has replaced one note
in every 17a, and the national banks on
ly one note in so. 1t may be Judged
from these statements of the relative
condition of the two kinds of currency