New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-24
THE STATE OF BUSINESS.

REDUCTION or TIME AND WAGES IN The MissA-
CHUsETTs MILLS.
The running time of the American Print
Works at Fail River Mas, has been reduced one-haI
owing 10 the dulness OF tho market The product
OF the Atlantic Mills. I'm Lawrence will
I've reduced Onc-haf and the works run only
four days week for the present The tack works at
Taunton, By vote Of the combination will run only
three days week. Several OF tho jcwery establish
ments in Attleborough have discharged some OF their
wortmen and others running only four days In the
week II Is claimed that this condition OF affairs is
due TO lack Of business hit 10 lack OF unds IL Ia
beneVed that this condition OF affairs will last long.
The agents OF the Lowell mills have taken no steps
toward the reduction OF time most or tho
corporations are believed 10 no IN a good condition TO
stand the dull times. Most OF the mills manufacture
variety OF goods, and II one article is dull others may
Company Is running some OF its looms on extra
time TO supply the demand for its print
CamDridgepor IN consequence of tho scarcity OF money
has bottled TO its employees 900 In numberl that for
few weeks but half wages would be paid and the men
have accepted the proposition. The Company expect,
In short time to resume regular payments and pay all
arrears.
CONDITION OF THE CONNECTICUT MILLS AND MANU-
FACTORIES.
A number of wooden mills in the vicinity of
Norwich. Comp have stopped. and have short
ened the number OF hours work. The mills Of Yantic
Versailles and Pequot are reported among the number
but the stOppage is likely TO be OF short dura ton The
Taftville Manufacturing Company which owns the
largest cotton mill in the world, will its works only
three days in each week. The Naugatuck manufacto-
ries, with exception, running
full time. and have heavy orders gen
orally Goodyears Inda-rubber Glove Com
pany building addition TO the largest OF its lower
factories Lne %TtaS are e o an n
its orders for goods The Seymour Paper COMPANY at
Windsor Locks Conn rs running lts wofss naent ana
ton, running on full Time All the single mon at
Durham Co.'s WOODEN mills have been discharged, on
account OF the dizziness OF trade ana scarcity OF money
PROSPECTS or THE NEw-YoRK MANUFACTURERS OF
KNIT GOoDs-THE TROY IRON WORKS.
Some of the knit goods manufacturers of
Cohoes ~ Y. have given their employees the privilege
OF working full time for so cents day or leaving One
manufactures said to reporter of The Troy Wing on
Wednesday that he would not be surprised TO SEQ com
plcte stoppaGe OF the COhOes WOODEN mills by the
middle of next December. This he said, would
he forced upon tho manufacturers by the COM
mission houses . Of New-York, which refuse
10 advance funds goods after the Ist of November
The custom has been To advance TO twobiris OF the
Vaue OF the goods in store.
The general reduction wages in the several iron
mills at Troy resulted in strike on the part OF the work
Burdens blast furnace is the only establishment now IN
operation
DISCHARGE OF EMPLOYEES IN PENNSYLVANIA.
Orders have been given by the Lehigh Val
ley Railroad Company for the discharge OF 200 men from
the Packerton Shops and tho stopping OF all new WORK
not absolutely necessary to be completed at
present. One hundred and fifty men have also
been dscharg d from the several trackrepair
ing gangs b'tween Maucb Chunk and Easton,
Penn. The firm OF Cole Helman, boiler
makers at Allentown, have discharged 80 man because
OF the withdrawal OF heavy order from New-YoTk
Messrs Burnley d Sons, who are the plOpretOrs OF
cotton ana wooden mll in Mlddetown township, Della
County, Penn, near L3nnl where they inanulac-
tlIre leans &C. having been affected by the present
financial strngency. offered their operators work at
reduction of Is per cent They refused and IN Conse-
queuce the mill Will suspend operations
THE PRICE OF BAR IRON REDUCED At PITTSBURGH.
The Western Bar Iron Association, at It's
meeting Pittsburgh TUESDAY agreed to reduce the
price Of iron fyeenths Of cent making the present
card rates $40 cents pound. Under an arrangement
regarding wages, this action of tho Association viii
cause "A reduction OF from "a TO 12t per cent
in pay of all skilled workers in iron. A
reduction OF 10 per also made
on the price Of nncassfed labor. such engineers.
fremen, roll hands laDOrers. &C.. and men VINO nave
been working under the sliding scale of prices VIII
have to submit TO similar reduction Some OF te man
ufaeurers present at the meeting reported that
orders plenty, while others maze gloomy reports
The Association decided TO keep the iron mills IN opera
ton for the present.
SUSPENSION OF COAL MINING
PoTTsvILLE, Oct. 23.-0wing to the recent
heavy rains many OF the collieres in the schuylkill
region have been compelled to suspend mining opera
tons being completely drowned out in many instances
the miners having but little time in which to the
mules usually kept under ground. prominent coal
operator the upper section OF the county
there would be a heavy decline the shipment OF coal
duriHg the present week aud as other regions are III
Ike situation, the market viii be seriously Affected.
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4 POLITICAL COMPROMISE