The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1875-09-30
The GOOD a'lhE cQliNi.


The Philadelphia Ledger money
column has leading article on the sub
ject Of the future business, which is
good reading just at this time. The
Ledger says there are evidences in al
most every walk Of trade that the
necessary demand has caught up with
production. Everybody for now nearly
two years past has been economizing
something, and manufacturing industry
has been so narrowed that there is little
over-supply. With prospective large
crops for the current year, the point Of
time would seem near at hand for fav-
orable change. And, indeed, signs Of
such are not wanting The following
facts from New England sources are
then gwen:
The Nashua News says the hard times
has not seriously affected either Machester
or Nashua, the two largest towns in New
Hamshire. In Manchester the Amoskeag
Company are spending half q million Of
| dollars in diverting the course Of a river
for building purposes, while q new mill,
| erected last year, will soon be ready for
occupation, and will employ nearly 500
hands. The Stark Mills are changing
over their spinning at considerable cost
and erecting buildings alongside the canal,
while the Manchester corporation is en-
larging its mills zee. Nashua also reports a
healthy look financially, and great hopes
are entertained Of fair business for the
win, er......The Nashua Lock Company is
doing more business than ever before; the
Indian Head Mills intend to run right
along; the Nashua Manufacturing Com
pany, which employs 1,100 hands, has
ample work for the winter, and no pros.
pect of either reducing wages or help; the
shoe factoriesreport the same thing, while
card and glazed paper company, tho
furniture factories, sospstone works, boiler
factory, machine shops and foundries all
tell favorable tale. In some instances
the wages have been reduced, but not one
factory or shop anticipates shutdown.
The trsdesmen there are hopeful, but At
the same time careful and invest their
money slowly and surely .....The Stanford,
Ct, Manufacturing Company are pushing
things, with larger force ofmen than they
have ever employed at any time. The Cove
Mills fairly hum with industrious workmen
......The Bethel, Ct, comb factory is in
creasing its number of hands every day,
and an addition will soor be in demand...-
At Dover Me-, the woolen mills which sus-
pended work few weeks ago were to start
up again about September I......The Lewis.
ton cotton mills run full hours and employ
all the help that can be obtained in their
weaving rooms. More cloth would be pro-
duced but for the lack Of help. Hand-knit
goods manufacturers have agreed to hold
their goods for higher Irices :. The manu-.
facture of horn jewelry and comas at
Loeminster, Mass, has taken q new inl-
petus, and several new firms have gone
at Burri)lville, r. l., are in operation, and
some Of them run extra hours Nearly ell
of the small mills in the State are doing
we'll.
All the above are the clippings of
single morning from one section of the
Union, and give encouraging signs of a
revival Of business SO long awaited.
The provisions and breadstuffs of the
year promise unusual abundance, the
effect of which will be to lessen the
cost of living; this will warrant lower
prices for the product Of skilled work >
men, and lower prices will invite to
larger consumption, so that the net
profits of the rewards of labor will not be
lessened, and may be in the aggregate
considerably increased. Add to all
this that the great staples. cotton, coal
and steel, are in ready command at low
prices, there would seem to be little in
the way of an early revival of all the
industries. We say, therefore, says the
Ledger, be encouraged; the good time
coming, there is reason to believe, is on
its way, and may soon be here. Let
each resolve that there shall be no
croakers, and to that end do not listen
to any such.