Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1873-11-05
Manufacturing Interests as Affected by the
Financial Crisis.

The New York papers still continue TO
publish accounts of labor troubles, reduc-
ton of wages, suspensions and want of
employment in that city and elsewhere.
The New York Tribune estimates that
about 80, 600 persons are thrown out of
work there. Philadelphia, it is stated, is
also suffering severely. One of the strange
features of the situation, says the New
York Express, is that while thousands are
being discharged throughout the country
the puddlers of the great iron mills on the
Troy IN. NJ flats who have received an
average of s. per day, are on strike to
secure fifteen cents moro refnsod by the
employers. Below we summarize state
| ment of the trouble in various parts OF tile
country.
NEW YORK.
Messrs. Weber & Co, piano makers. are
running their establishment on half time.
The actual falling off in trade as due to the
panic they estimate at 20 to % per cent.
j. p. Hall, piano manufacturer, has dis
continued work thus throwing out OF
| work five hundred and fifty men.
| Wood, Brothers & Co., carriage makers
| put the falling off in their business at 90
| per cent. The hands are still retained with
the proviso that so per cent. OF their wages
will be retained until spring.
! Steinhart Brothers d Schonlank, cigar
makers, state that they will turn off
| large number of hands on account ol
| gloomy prospects.
The workmen of J. NJ. Mora & Co., man
| ufacturers of Cuban cigars, at No. "
| Water street, are now on strike. The
| firm have $500, 600 worth of cigars on hand
and seeing no necessity for continuing
work in the manufacturing department.,
| and nevertheless, being unwilling TO turn
| their workmen adrift, propose to them
return to last years prices, about ten per
cent less than recently paid. This the
workmen refuse to do, ana they are now
on a strike by order of ia Protectora"
Cigar Makers Union to which they be-
long.
SiIbermaun. Hildemann & Co., at whose
mandatory, on Tenth avenue are ordina-
rily employed from two hundred to four
hundred hands, and some sixty-hVe looms
and fifty other machines in the manufac-
ture of ribbons dress trimmings, cords,
tassels, &C., are now running on half time
with a greatly reduced fore of workmen,
and expect to discontinue work altogether
in few days unless business prospects
brighten. Their trade they state, has fall
en- Off eighty per cent.
H. w. Collender's billiard table and bill
lard furnishing manufactory has not as
vet sustained falling off in trade of more
than ten per cent, and he has not as
charged a man from his factory. his local
trade has thus far sustained most OF the de-
crease, shipments to the California agency
| and trade in the West lnules anu 'oouIh
tAmerica continuing uninterrupted.
MASSACHUSETTS.
In Massachusetts the case may be sum-
med up as follows One-third of the looms
of the Hamilton Manufacturing Com
pany, Lowell Massachusetts, are run -four
/ evenings each week till nine o'clock, tc
supply demand for goods. =.
Further results of the panic are the dls
charge of workmen in the jewelry estao
lishments of Attleboro, Mass, ana th'
t running of factories only four days IN th'
= week.
The Chicopee Mass Manufacturing
/ Company, at the Falls shut down forty
f their night looms last week.
[ NEW HAMPSHIRE.
r In New Hampshire the Great Falls Man
: ufacturing Company pays its operative
) $3.50, 900 a year Last week the company
, paid its hands in full putting nearly $40,
t 0OO in circulation, and relieving the strin
t gency of the money market in Great Fall
e at least.
4 There has been partial suspension 9
: the shoe factories in Dover, owing to diff
Guilty experienced by the proprletors in get
/ dig discounted the long notes they have
t take.
o What is called the Beaver steam mil