New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-05
GENERAL PROSPECTS.

RAILWAY LABORERs Observation-Disclosures RI
sUNIING wORK-THE SITUATION AT PITTSBURGH
PITTSBURGH, Nov. 4-FOur hundred laborers,
employed during the past season IN tie gravel pt ana
upon the roadway OF the Pittsburgh, Cincinnati ana ~
louis Railroad were paid of and discharged al Log'ns
port Ind, to-day TIE coal miners IN this vicinity VINO
have been on a strike FOR several months nave agreed
10 resume work at reduced wages. The Ulndow-gass-
blowers who have been ont since last Jl'y viii proha-
bly, soon resume work at the reduced rate oed by t1o
manufacturer. Few Pittsburgh manufacturing cstan-
Ushments have closed since tho monetary strin-
gency cyan There has been cOnsderanc reduction ~
es' r,"rcd M II is not Thought tncre viii bc any
thing like a universal suspension az business. Ile
Ccuerai condition is better Than might De expected
There was a conference Curu. tte Of rrnOOn
between the officers II tho road and hc enpoye. anu
Tonight the strikers are holding sect. session WIN
nrosDcct of settlement OF all trouble tomorrow
DIVIDENDS DECLARED By nIL,DWrHA bANh'.
PHILADELPHIA, NOy. 4.--Mos. OF the city
banks have declared dvidendsthe Southwark Bank, u
per cent; the Philadelphia percent; the Grrd Ger
mantown, Kensing.On, Corn Exchange, C0a'ohiai'ou'
and Peoples banks per cent eaeh tie 1cllr'ii 1o,
1880 IT'c,, t..r cont each. fue (ofu-
nerce and Manufacturers banks, per cent each, ana
the Bank OF the Republic, 80 per cent
RHODE ISLAND MANUFACTURING INTERESTS.
A MORE CHEERFUL FEELING NoIWIrnsrANDNG TIE
NEUTRALITY-SUSPICIOUS. OF rHE NlANUFAC-
TURERs-How THE sPRAGUE SUSPENSION Ar
FECTs BusINEss-PAgTAL SUSPENSION OF WORK
GENERALLY THE RULE
fFRoM SPECIAL CORRESPONDENTS or rHR TRiBuSE.l
PROVIDENCE, II. l., Nov. 4.-With the deepen
ing Of the depression in manufacturing more mills are
weekly added to the number OF those halftme, and
manufacturers stout in their resolution not to
close altogether They look upon total suspension
confession Of weakness and a pregnant with
trouble both to their operatives and 10 themselves. II
their hands dispersed By complete suspension they
will be hard 10 gather again when activity returns.
There ia still concert OF action among miowner-
Each after his fashion, keeps up work or rccncheS,
as the condition of his business relations advises. Many
express the hope that great lessenug of production
as caused by the many partial suspensions ~ mills,
and the entire closing Of others, will call out demand
BUYERS may be made fear that IL will be impossible To
have their orders filed after the exhaustion OF tho
present scanty stocks when trade reyyes, aud viii aim
TO secure a supply IN advance The manufacturers de
clare that they bear partial dencss least better
than consumers get along with secretly Of their
goods that the country which they more fn Of
wealth. and more varied and eNactiug In it, demands
than before cannot long endure the present small
supply of manufactured products. The embarTass-
ments of the A. W. sprague Manufacturing
Company do not much furry the mill owners.
The sprague interests rsmify widely into Rhode
Island industries that their bankruptcy would be pub
lie calamity. 1t Is generally understood that the
creditors thoroughly appreciate this fact and see that
such plan that proposed by tue Committee Of
Four, who Investigated the Sprague affairs offers the
only chance 10 them any large part OF what sdne
them aud 10 the activities OF Rhode Island from
trouble aud derangem This Ia plain that manu-
facturers and business generally are trapq"h'
confident that the embarrassed viii not be thrown
into bankruptcy.
The wooden mills OF the State delayed contraction
longer than the cotton mills even reduction Is Tar
more troublesome and process IN awooen than
In cotton MILL while total suspension Is 80 serious
loss that although demand for products has almost
disappeared wooden mill In inc STATE so FAR as has
been learned has shut its doors. Most OF them how
ever have reduced their RAINING time within a few
days The three wooden mills at Waterford by the
Massachusetts, line, went on half time yesterday These
are respectively controlled by Evans seaeroye the
.Delabarre WOODEN Company and c. f. Mason Co
They ts sets Of machinery In the mann
fscture OF fancy cassimeres, and employ about
1000 hands Mr.. Evans of Evans seagoye says thai
the three mills viii run half tune as long as they are