New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-10
ALLENTOWN, PENN.

ALLENTOWN, PENN.
MANUFACTURERS BopEFUL OF THE VUTURE-GEN
ERiL REDUCTION IN FoRcE-ORDERs ALMOST
ENTIRELY DISCONTINUED woRKMgN WE'LL
SATISFIED WITH THEIR TREATMENT.
lFRoN A SPECIAL CORRESPONDENT OF THE TRIBUsEJ
ALLENTOWN, Penn, Nov. 8.--The word panic
as applied miners and manufacturers troubles In
this region is decidedly msnomer. There - no panic
among the capitalists among the workmeD; money
Is scarce and there is lack OF demand for the products
of capital and labor bat for the most part all classes look
the facts the face with perfect coOness and reason
back to the causes and forward TO the probable results
with more or less wisdom but with confidence that
few weeks or months will see prosperity estab-
lished on a sounder basis than that which they
have been enjoying for years past Some OF the manu-
facturers who 10 be most inurously affected by
the business depressions most cheerful and speak
with especial confidence OF the good which ~ 10 come
out of the present evil Some talk very freely and saw
that they have foreseen crash for years, and have
known that sooner later Il must come, and that II
would be the worse for a long postDoneDent fBey
have naturally been anxious 10 put OIL the cvf Gay "
long possible, but feel relieved now that suspense Is
changed TO certainty and they lind that they are not
injured az much they feared. They think that hen
business reviyes il will be established Oh firm basis,
or said that the prospects for arriving at har
pan bottom" better than ever.
This is not only the center OF large mining DIS
trict bat contains several important manufacturers
have visited the principal Of these. and have talked
freely both proprietors and operatives TIE sore'
Of sagnaton business and entire lack Of orders for
work have beeD on the whole dscOuraRine as those
heard anywhere IN the Of my inquiries bnL the
Cispostion everywhere 10 look at tbs brightest
of the prospect and the evidences OF harmony be
tween the masters and the men aud the confidence or
each in the other very pleasing and well
for the future.
LARGE FACTORY ABOUT TO DISCONTINUE
The Allentown Rolling Mill is Of the largest facto
ries In this valley. It las two blast furnaces, with roll
ing mills, machine shops, &c. The Company employ IN
good times 900 the works. aud have niDe mines
parts OF mues from which they take their ores. They
have blown out furnace stopped wok IN She rolling
mill railroad iron, and have reduced the force TO $50
worKmen. In few days they propose 10 stop all work
except little in the machine shop aud to order all
work stopped in tho mines. The Superintendent told
me that they accustomed TO work exclusively on
orders but they have none and have been wofAing
on stock When orders begin to come Ia they vail START
again, o. when wages come down to such nis,se that
they can work at profit, they Will iepienIsh their
stock He never expected, he said 10 see
prices so high they had bCon; maD9faetu-
rers had been getting too much for their iron
and had been paying much for labor. Tie price OF
iron had fallen-nobody had supposed that b. world keep
up-and now labor and other things must come down 10
meet It, He expected TO see these differences disappear
soon, and until they did they must wait rs patiently rs
possible He said that the men OF tie Allentown Roll
ing Mill and, indeed, OF the town generally were OF
superior class, aud many of them
situated that they could get through the
Winter without much suffering building
association was formed years ago, and through 10
many workmen had homes OF their own partially paid
for and from which there danger OF Their being
elected He thought that most OF hs men would wait
here for better and DO ready u take tneir old
places in the mill as soon as il opened again. He said
that doubtless many OF the merchants aud nlanuiac-
turers would try to keep business from settling
down until Congress should meet so 60 get that body
attempt to devise measure OF relief but III bis
opinion thing had better be left TO ADJUST Themselves
The Glen Iron Works manufacture bar iron Of All sizes
and small rails. In prosperous times they employ 100
men, and work up about 500 tons OF pig ara ssrap iron
each month, They worked With full force and full
wages up to Oct l. when they reduced "ares from !"
10 per cent About two weeks ago they stopped alto
gether but last Monday were about to Sirt again Wnen
the orders they proposed beginning on were counter
manded Tbey are repairing the works and getHns
ready TO start Monday though hey IA! not 40 3d.
as they depend entirely orders The superintendent
said that they were making ofort 10 get TO work
again on account their hands, who were not IN con-
dition TO remain idle At present prices the works
voud do better by remaining closed than BY beginning
work.
GENERAL CESSATION OF oRDERe.
VIM. f. Mosser & Co.'s axle works and machine shop
were found nearly idle Mr. Mosser said that they had
very little business now aud II It were not for patent
water wheel and patent heater, for which they hold
the right for the State they would have nothing to do
They work ORDERS aud these in their general work.
have fallen on entirely. Last Saturday they reduced
their force Of wormen from 65 10 10. enc cut down
wages 10 per cent the time reducing the work.
ing time to hours They have to keep The market
supplied with their heater aud therefore expect ~ work
on that all Winter
The Lehigh Valley Spike Works stopped work on eAt
urday week. A. W. Wilson, Que OF the prop'1'
eors told that they really stopped from want Oh Or
der. but the mon were glad Of rest They proposed TO
settle down little aud start again In the course OF
week hut they might able TO do 90 quite 40 soon
They employ about 20 men, and work both ON orders and
on stock They have DOW very few orders, and have
heen drssted 10 delay some Of those received Last
month"; business was good but this month 1t has fallen
an greatly Collections coming In fairly, and Ina
monev matters they have been very comfortable They
have been able 10 pay their cash down each pay
Sav At which Mr.. Wilson seemed specially graIfned as
,hcrs are few manufacturers who can say N
much talked with Of the men who we're Ieiter.
ing about the quiet shop. and they all expressed
themselves we'll pleased with their treatment "wo
feel very well satisfied under the sak
one who seemed 10 Nc Their spokesman Nj wilson saa