The New York herald., 1873-11-05
Saturday night, including some Of tneir Oldest

SATURDAY nlgnt, lncuung some ol tneir Oiues
hands,
THE Boor,AND SHOE TRADE AT ALBANY N. Y.
The boot and shoe trade OF Albany has not sui
fered materially by the panic. At this time OF yea
considerable falling on In orders s usually ex
perienced and the present time is no exception II
that respect, but no worse than In former years.
THE PROVIDENCE X. l., JEWELLERS.
The providence Press OF November says: Ill
this city the manufacturing Jewelers. very large
interest-are either working on short time or witt
reduced force, while some shops have shut dowr
following In the same direction.
THE LOCOMOTIVE WORKS IN SCHENECTADY, N. Y.
The schenectady star OF November says:-The
Locomotive works. employing about 500 men, nave
made q reduction In wages OF one shilling a day
which amounts to almost five per cent. In few
cases the reduction Is twenty-five cents per man.
WHAT BROUGHT THE sPRAGUEs TO GRIEF.
The Hartford Times OF November says:-Not
long ago tue spragues who owned "trotting
park" savings bank and, we believe, a Sunday
school at Cranston and clam-baKe grove the bay,
purchased @ Soo acres at big prices, at Narragansett
Pier, and punt there $350, 900 summer mansion.
THE NEW YORK CANALS.
Prospects 90 not indicate very favorable sea-
son for canal boatmen. The lumber business is
paper remarks:-Canal business does not seem to
be lively. The canals are in good condition and
boats move more freely, but freights do not seem
MASSACHUSETTS wooLLEN MILLS.
The woollen mills OF 5. Bakinton d Son, at
panys and Glen woollen Uompany's mills, at
North Adams, Mass, commence running three
quarters - time me tms week One-thrd OF me ma, ma
Deen stopped and the remainder is running on
three-quarters time.
THE SHAWL BUSINESS IN SCHENECTADY, N. Y.
The Schenectady star OF November says:-
James Roy Sons shawl factory, in this city,
goes ON half time to-day, IN consequence OF the
including boys, about 200 persons. About fifty OF
TINS number, too are women. How long the
present arrangement viii remain In Iorce Will de-
no furn
take.
INCREASE OF WAGES IN THE FACE OF THE HARD
TINES.
The Portland Me) Advertiser, OF November 3
says:-On Friday the girls employed by the cloth
ing dealers on Fore street struck for higher pay
and proceeded IN body to the counting room,
when they made statement OF their demand and
the reasons thereof. The proprietor received them
kindly and after listening patiently to what they
had to say, generously acceded TO their reques;
and raised their wages.
Low PRICE OF COTTON.
The Augusta (Ga) Chronicle recommends the
Southern planters to cease planting cotton until
there Is prospect for more remunerative prices
II says:.When the present depression passes
away and The losses incurred by low prices have
been temporarily met by going deeper into debt,
we lear that our planters will not be convinced OF
the folly OF sacrificing everything else in order to
make q large crop of cotton. Surely the present
ruinous prices should deter every sensible man
from policy which, II persisted In, must bank
rupt our people, The receipts from the sale OF the
present crop will not pay our planters out Of
debt-those OF them who planted on credit.
THE SPRA6UE MILLS AT AUGUSTA. ME.
The failure OF the great Rhode Island house Of
A. w. Sprague and its efrect upon their rela
tions with the city OF Augusta, where they have
acquired possession Of the water power and in
augurated Improvements on q large scale, form
the subject OF an editorial in the KenneoeG
Journal OF Saturday. 1t expresses the regret o
the community at the disaster which has overtaken
a nrm so largely engaged in developing the local
resources for manufacturing, but says that beyond
temporary suspension OF business at the factories
and upon the works OF the company no serious
detrment to the interests OF the city will probably
occur.
THE ROME, WATERFOWL AND 0GDENsBURG RAILROAD
The Rome correspondent OF the Utica Herald
says:-The Rome, Watertown and Ogdensburg
Railroad Company, following the example OF many
other railroads, are working their employees on
short time or reduced wages. The men in the rail.
road shops are cut down from ten to nine hours
per day, and their pay reduced In proportion, and
In addition TO this reduction ten per cent is de-
Quoted from the sum thus paid for the nine hours
work. The pay Of the engineers running coal en-.
gines is cut down SO per month, and fremen SIS q
month; this pay brings them down to what has
been paid engineers and 1remen OF wood engines
whose pay is not reduced. This reduction com
menced November L The number of men EN-
ployed has not been reduced.