New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-26
BUSINESS PROSPECTS.
THE STATE OF TRADE.


IMPROVEMENT IN THE MASSACHUSETTS, MILLS.
The gun mandatory of Boyd g. Stevens in
HYDE Park, Mass is doing quite largo business No
reduction in time pay. or force has been made, and
with large number of orders on hand the prospects
are good for brisk Winter In Abingdon there more
activity In the shoe manufacture and % hopeful
expectation OF fair trade In the Spring goods. TO com
at early day, Is felt among the manufacturers
BY the middle OF next MONTH It is thought, most OF the
manufactures will be in operation again In Webster
the mills Of 8. Slater Sons have started up again. all
fun time with q small reduction OF wages. The nu-
mills Of the GrOsyeuor Dale Company, after
vacation Of Ave weeks have started up ON full time al
round, with reduction OF 20 per cent ON wages JOSIAH
Perrys mill at Perry vile continues full time
without stopping. as also does the Messrs Buuns mn
In oxford Two of The largest establishments In Pea
body-Procer taDnery and JacOhss sheepskin factory
started on full time Monday There are signs also OF
an early resumption OF work at other places IN the tow"
RAILWAY sTRINGRNCY AT PORT JERvIs - TIE
TROUBLES OF MANUFACTURERS
IRON An OCCASIONAL CORRESPONDENT THE TRtBUsE.l
PoRT JERyIs, N. Y, Nov. 25.-AIthOugh this
village has been much affected by the late panic
other villages in hs county, the lack OF money mas
been quite severely felt Port Jeryis IA what Is known
railroad town. not relying on its manufactures
Of which contains but few but almost entirely on the
Erie Railway This road, while under the management
Of Gould and Fisk, made arrangement with its en-
poyes at the strike in 1869 pay them every
month on or before the 18TH This promise carried
out by them aud also by present management until
within past three months. The employees OF
the road, who comprise over one-hah OF tho
population OF tie village, receiving their wages
in this manner are accustomed to trade with the
merchants the credit system and the merchants rely
on the promptude Of the Company in paying its em-
ployes to meet their liabilities. II is when the Company
fails TO do this that the sringeney OF money is felt
The Company. instead OF living mp to the obligation
with its employees, failed them for the month Oh
September until the beginning OF the present month";
and has yet paid them for the month of October In
addition they have reduced the working hours OF the
mechanics employed at this ponin some OF the shops
to three time and others to nine hours When
they will get back to their usual routine II Is impossible
TO tell.
The manufactures in this place have been reducing
both their forces and the pay St. John Maven pro
prietors of a largo foundery and machine-shop have
been discharging Number Of men, and contemplate
still further reduction OF their force. They have also
reduced the pay OF all to so cents per day The
glove factory Of F. W. stowell which employs about
$50 men and women has thus far been doing u large
business but will close IN few weeks for the winter
The large tannery of Cooper Swascy at eparrO"bush
about miles from this place. has been more severely
Affected than any other establishment 10 this immediate
vicinity The prOpretors have made n large reduction
in their force and have worked the rest on hair me
The large steam saw-mil and annery at Giimans sta
ton, Sullivan County, stopped last week, ana
large force Of men thrown Of employment III VIII
PROBABLY resume before many weeks.
ANOTHER BANK FAILURE.
KANSAS CITY Nov. 25.-The First National
Bank of Kansas City, No, has gone into voluntary
liquidation.