New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-31

Ia N mel
GENERAL PROSPECTS IN THE NEW-ENG-
LAND AND MIDDLE STATES
REFLECTIONS AT FALL RIVER AND oAhh" ''N'''
CHUsETTs TOWNS. -.
. neet;np of representatives from the dlt-
,rent cotton manufacturing corporations IN ran hNoi
was heid ut The Board OF Trade Rooms "eunesu1S
,r for the purpose Of considering the question OF re-
ao,, che working time In tho mills. The mlis were
nearly all represented After hearing reports from di
fereDt establishments and discussion on inc sueos"
was voted that on and after Tuesday, Nov o. tne ni'
shall be run on half timo-four DAYS eacn "eoh'
eight hours day. All tho miLs' " ~
number. come into this arrangement, except the
Mechanics and Border CITY, winch have contracts LOT
the month OF November. and the Robenson ana ran
River Print Works mill These mills employ about lioCO
operatives and when in full operation thelr moh'ny
payrols amount 70 about $46o0Oo The NO MIL OF tne
Border City Corporation IL now In full operation haVng
Started the last OF s 300 last week This mil mas
been fully started the least time since lie foundaton
was laid Of any mill which has been bullt IN ran I s
during the past three years. ana tnfeo or lOur
mont more would have been saved had hot hoou opo
third ~ its foreign machinery been lost 10 the steamer
been replaced The mill Is now In full operation, ana
with good contract for al Its production until De'
The Boston and Providence Railroad Company has dis-
charged about forty OF ITS employs TINS Week smu Of
lack OF business. report that the NaumkeaR 2Soam
Cotton Company would run us mills on na , I linz
as usual The LenOx iron furnace has blown out LOT
the Winter and the glass factory pr have
suspended work. About $40 operatives are tnr Si S
Of w95s At the S AZ sf and the
Construction Department will probably discourage nan
q Their epCyes MSIve p1 KyoE have also reduced
their working force
oNE-uAIP THE MILL OPERATIVES or GERMANTOWN,
PENN, OUT OF EMPLOYMENT.
Tho effect of the panic in monetary circles
and the consequent sagnaOn In business has been 10
throw about half OF the mil operatives In Germantown
Penn, out OF employment Few Of those who have
work are making full time. There is little demand for
goods and the prospect for the Winter Is not encourag
ing The annexed statements will give some idea OF the
present condition of this branch OF the trade IN German
town: Buttons mill Is working up TO o'clock at night
on fancy goods and hosiery The spinning department
is making about FIVE days In the week. About 800
hands, men, women and children, have steady
work In this establishment, with fair prospect OF
work for some time 20 come. The goods which are now
being turned out are principally from back orders
There has reduction In wages, and no difcuty
has yet been experienced In obtaining sufficient money
from the banks to satisfy the payroll Bronsons mill Is
running four and half days IN the week on hosiery
Abont tyothlrds the usual number OF hands are en-
noyed The prospect for continuation Of work - fair
Joseph Thurman RS n Is running on I h Of
hands n tho weather continues oold the mill will prob
ably run q month longer. Mr.. Thurman has paid his
hands regularly during toe fnaUcla troubles. Aaron
Jones & Sons are running on three.qu1r-
lers time, with aoOut half the usual force.
ters time IN some branches. and full time IN
others. They working about half their hands, and
sell. Benjamin Allen Brother are employing nearly
their regular force on threequarters time. they are
turning out only such goods the market needs Tor
present supply Robert Cartledge glove manufacturer
working seven hands his usual force on fu ana over
time Scatchards spinning mill is running one out OF
four sets Of hands All tho other mills are running In
the and any or all OF them may smut
down within u week.
PARTIAL CLOSING OF THE IRON AND WOODEN MILLS
AT PORT SCHUYLER. N. Y
The works of James Ray g. Co. of Port
Schuyler n Y, which include three iron mills, two
wooden mills and one worsted mill, have not escaped
the effects Of the panic. Two Of their iron mills arc
closed Zone since last Fal, and is running on half
time The wooden mills also running on half time,
and the worsted mill Axs days week. There
about $50 hands employed in all tho works most Of
whom boys and girls only few are men command
ing large wages The monthly payroll Is about $1,000
At tho wooden mills shawlsaro manufactured aud in the
worsted mills fancy worsteds made. This mill runs
FIVE days week, and will probably continue TO do so till
about Christmas supply quite large Winter trade In
that article The iron mills used TO make hinges
butts bolt rves, &c. The trade in these articles is
quite wen supplied at present Inc partial suspension
ORDERS persons who deal In such goods as ara manu-
featured BY the firm cannot make coleotlons ana are
er9te demands Goods cannot DO stored by firms In
anticipation Of orders as the market Is very unsteady
THE FURNACES OF WESTERN PENNSYLVANIA.
The Lake Superior Company's furnaces,
Harbaugh, Matthias & owens; the Clinton furnaces.
Messrs Graft Bennett Co.; the Eliza furnaces, Messrs
Laughln Co. and the Isabella furnaces Messrs. Klo-
man Co.. at Pittsburgh. again in blast and running
without interruption the men having accepted the re-
ducton Of 10 per cent In their wages The Lucy fur
mace, Carnegie & Co.. has ceased objectionable
at fha reHu WA Tod
Tuesday that tho men would go to work. but that
the owners unwilling they should resume. even at
the 10 per cent reduction. There opposition to the
duction AZ Soho furnace Messrs MOorehead Coz, and
also at SchOenbergers, but whether they Will out OF
blast altogether continue will depend upon the
action OF the workmen They cannot run without their
stand idle than to work at the reduction, then the fur
The roling,miii Of Rogers g. Burohfeld at Apollo,
Penn, suspended work Monday, throwing 400 men
out OF employment The susPTnsion s supposed to be
is still in operation.
BUSINESS IN GLovERJvnLE.
To the Edttor Of Ths Tribune.
SIR ! read in the correspondence of The
TRIBUNE Of the 2sth inst. tho following statement,
which, ~ uncorrectcd might do serious harm to
community: ~ am informed that the town Of Goyers-
vile. In which every house is workshop for the manu-
facture Of gloves thrown into ideness by
effects Of the panic" Please let say that this lie
strictly accurate. Our manufactures not all close
neither the laborers OF every dwelling house OF
employment. Much Is being done in manufacturing
and most Of employees have constant work yet This
will continue with about month longer Some OF
manufacturers. having got through for the year.
have closed their business for the season. preparatory
TO settling up and Of our firms will occupy
two months in this. usiDess will be resumed again
about the first OF January, II there Is further draw
hack trade little town feels the effect the
panic az any manufacturing district. In their business
Collections and yet IL is not UGH depressed either
regards business its collections: as some would
have the public believe. An OLD MANUFACTURER.
GLopsFsvtLe, n. \. Oct 20. 1878.
THE DARKEST SIDE OF THE PANIC.
THE POORER CLASSES SUFFERING FROM WANT or