New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-30
THE STATE OF BUSINESS.

PLoYEs GENERALLY ACQUIEsCENT IN TIE Nh-
DUCTToN or wAGEs-TuE SALT TRADE BETTER
THIS YEAR THAN LAST.
RRoN A SPECIAL CORRESPONDENT OF TIE TRibUNhi
ROCHESTER,, Oct. 2S.-Manufactuung busl-
ness o. all kinds I'm this city is less affected by
80 srtnrcncy Of the money market There is a general
reduction in the force employed, and reduction in
wages is anticipated. Tue leading manufacturing inter
st here boots and shoes and clothing the former in
duSry employing about hands, and the latter about
IeoO Taere is always a reduction of forco at this time
Of the year. but the reduction is greater this Fall than
Nsual The boot aud shoe nrms now running on
tine quarters time. and the clothing men on one-hau
uDouucl Burrill & Co, a representative firm In the
clothing business that they do not aDprchend per
maucnt depression in the business but they sha open
their shops for the Spring trade later than usual ana
.oably with smaller force and reduction OF ten per
rent IN wages which their employees are ready to ac-
ncpt Present orders are very light and collections
small hut they do not think the present depression IN
usues will lass longer than until the opening OF Spring
Another large industry in Rochester IS the manuiac
t,re OF machinery and edged tools which gives work 10
.eooor 2sCO men, Among the largest Is the " klod
trun works which has discharged threefourths OF ls
lands and is working the remainder on half time TINS
i.a fair sample OF the rest, D. r. Barton, tho Oldest
manufacturer in Rochester, is at present working his
hands on full force cOntempatesa reduction OF one
foprth IN time. The large carnage factory OF James
Cunningham employing 400 hands, has discharged one
half and reduced tho wages OF those VINO are reneu
lrSn 10 TO u per cont The furniture manufacturers
have also made reduction OF 10 per cent III ""Sos'
ere general acQuiescenco IN the reduction OF wages
among all classes Of employees II the manufacturers VIII
consent 60 keep going There j. one cotton mil mere
which was closed Saturday last IL is owned uy
WIN J. Garner & Co. Of New-NOrk, the own
ers Of the Harmony Mills at Cohoes, the mu
. at Nevbarch as Little Falls, and other places
md will probably be opened again, with the others, in
mo furnace Of Charlotte, at tine
month OF the Genesee River, is sti in operation, as is
also the Ontario furnace at Ontario, IA miles nom THIS
city, Tue nursery business. which employs ABOUT SUI
hands 10 and around the city, has not suffered materially
from the panic There has been some difficulty among
the Rochester manufacturers one or two occasions IN
getting currency 70 pay OF thor nelp but in no case mas
there been more than two three days delay in pay
ept The blnks discount very tte but in other ways
have done all they could facilitate business. General
trade among retailers is dull and purchases light and
everybody is waiting for the end Of what most people
here regard as a needless panic.
BUSINESS AT sYRACUsE
Passing through Syracuse, yesterday called upon
the Hon r. G. Alvord. who, from his familiarity WIN
the leading interest Of that city, has been den0ml1ated
~Od sllt" and from him learned that the Onondaga
salt busucss had been better this year than last not
wthstandng the reduction OF the tariff on foreign salt
The Improvement however solely due TO the great
reduction 10 the price OF freight from last year Inc
falling shipments 70 NeN-loik thAs ftol nus DO'A
moro tnan twohrds which Is attributed entirely to the
reduction in the tariff but the money saved in freight
on the shipments West has than counterbaanced
the loss Of trade with New-York. borrel Of salt can
now be shipped by canal from Syracuse TO Buffalo for
cents which last year cost so cents and from Buao
10 Chicago the propelers since the panic have been
fighting for the privilege Of carrying II for nothing IN
order 10 get ballast, while last year they demanded
from 20 70 30 cents per barrel The manufacture OF
coarse salt already ceased at Syracuse as 1t always
does at this time the year and the only effect OF the
panic on the salt interest will be the closing up OF the
fine salt works from three TO four weeks carrier than
usual.
Tie other manufacturing Industries Of Syracuse are
suffering very seriously WIhams's mower aud reaper
factory employing hands stopped Saturday night
last and discharged all its hands This is the time when
they usually begin work 10 full force for the Spring
trade C. c. Bradley's establishment for the manuac
tur OF general agricultural implements has also stopped
end discharged $50 hands The single rolling mill here
reduced ITS force half last week. discharging 20 men,
The Opondaga blast furnaces at Geddes. near this city
have also discharged half their The white ware
troekery factory, employing about so hands Is running
on half time. large steel factory, Just eompeedh here
BY Sweet Barnes Co., which was expected to 60 into
operation this Fa has been compelled 70 postpone H.
definitely on account Of the panic. The boot and shoe
business Of Syracuse which employs 100 800 hands is
on half time.
TIE MILLS AT AUBURN AND SENECA FALLS.
Auburn appears TO be less affected by tue panic
than any place have yet visited The four or five es-
Establishments for the manufacture OF the various KINDS
of reapefs and mowers are all running on full time and
In full force. D. NJ. Osborn d Co.. who employ two
thirds OF the men engaged in this busness-there arc
about go in a-have increased their force since the
panic; They have built up large trade for their ma
chimes I'm Germany within the last two three year,,
and their exceptional prosperity is attributed mainly
70 orders from abroad The other concerns however,
are doing well and none them contemplate any
tailrnent Of their business at present
The Auburn wooden mills employing about eco hands,
have also Increased their force recently. and have
idea Of stopping. The Auburn Tool Company, which
employs convicts large extent, running as usual
on contracts previously made for that kind OF labor
which cannot be annulled BARRIERS carpet factory,
poying 800 hands, keeps up the full time and force.
There If also large business done here in the manufac
OF shoes, which has received check as
yet from the tghtness Of the money market There is
general complaint here elsewhere, Of the scarcity
OF money and dizziness in the retail trade but with the
exception OF instances at the beginning OF
The panic the banks have able furnish currency
enough 10 DAY OF the operators employed in the work
chops.
Fsbies steam Are-engne works at this place are run
nine ON short time. There plenty OF orders but no
COLLECTIONS aud the company find II dhcuit TO get
nancy 10 pay Of their hands The engines are sold on
80 credit % cosporations and while the securities
annie II is impossible negotiate them for money
There Is also large business done In the manufacture
of puops which has been compelled TO cuTts its force
ON account the money The wooden factory
here has stopped entirely for the cause The et
mated force usually employed il the manufactures OF
seneca Falls is about 1000 hands, which is now reduced
70 CO.
MILL SUSPENSIONS IN RHODE ISLAND
~, ne,xc ov N,frrs coNTROIIVD RY THF SPRAGIIR