The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-01-05
THE LABOR OUTLOOK.
A Glance ~ So@e Of the Principal
Industries
Throughout the Country = Rather q
gloomy View
or the sI,na,ion In Some Quarters.

Tn, patient . worse, There Is no had
sympt0m ol Industry aud trade that has
not been Az rsytie1 hk the development nl
ihs last wsrk. Failures have incrrsssa,
mAuuinotuTiuH hss been curtailet, WAGES
fuFthFr reduced aud more capital placed
uuuer lock Rud key, Toe industrial de-
preston, Wtiah has been most marked ~
tue iron districts Of pcuuss lyania, has be
come oonsplculus IA New England, extend
log vera variety "a intrrtsts NAnuleo'
torres OF hish grade Ia Oonreu'icut ate
Vie dIHs 10 the ufts ucr There 10 no ~ b.
chine ahop Of better tcputs he the oounifi
hanthe Prau q whitney, oi Hartford
which has Just discharged 100 men anu
contemplate n reduction in lime, ghd
the br,ss woke Al Waterbury,, which
urs c1rinitng. nN II excellent rank'
Wupes, air, ady tow, are 20 he fedSced ~
some OF The cotton mills ~ Rn ide iulanu
the last Ut this month, aud the wooden
manufacturers are Co.'S INK about Tor s'ur
method II relief tue operatives In tue
| print cloth tsiils II New Bedford have nesn
subjected 10 n ree uction OF pay, aud experts
declare the same u y must be taken
~ Fail RIVER where n lhbureu are pro-
verbally i-alou0 oi their rightt, and ltsrly
| TO TesiGl The manufacturers ui New E1'
gland ,lanii'sI reluoiaHco 10 cut dow
wages, aud have no Cpubt postponed tho
| tax M nf that step - long M possible, but
/ the necessity Ct doinL something 20 make
ends meet now siHtes hem T. the bor,
Every expec alton Ui the improvement la
| tho iron trade has OeSg di-appuiu iru, sn1
the outlook nov N cr wursr rather tnhb
| better times. Sieel.rsil mHk'rs ife ssid To
hr eagerly competing tor bids a. s3j ton,
which !, ony g Hbu7s the h'glish price.
J rlis price gnru placed ngnins tlr $40 ~
. v icu they laid tte mHrset would stop
! several months ng0 !. pEiuiuiiy 'isniheani
They have secured reductions OF 10 O. 10
I ger cent M wages aud apparently tie lno-t
, they are NOW priying Tor N 90 be saved the
necessity IT q stnprage Ut thoiT mill. aud n
consequent deter nta' Ton OF their mhchin-
cry. There are 10 900 Hnle bodied men DO
longing TO the IRON and glass work, IN
PittsbufF out Of employment, ana ths
question OF measures for thor support In
now under consideration. The mai cont
/ paniss, with sil TIE kill they have shown
| In regu 4ting the martet, bavo found IL
ne cessary tn suspend tIr six we'k-. Coal
operators will be- somewhat relieved by the
partial stoppagc Of work, end the prospect
| OF trade IL little better
| A Chgntiy-improved demand has fol-
/ lowed me reduction la the prices Of cotton
goods out the leading feature OF the mar
/ Ike still is the close competition OF manu-.
/ lecturers, who seem determined TO make
trade whether there Is y pront in n or not.
]
WOODEN aud silk iudu'tries ara tribe hot
ter. too, u appears. OF the La dashtre
oattun industry 10 l. enough Co say that
| thousands ~ operatives are on strike.
The We Yas brought great rats ni
| failures alme IT which were import ant
/ II appears irpY the lists that trsdesmsn
| have 90 YET learned % mind their own
business and keep out ct -iock speculat' on
/ Lizzie consolation l., however 10 be de.
Q % he n %
aud the men who manage their aha 900
wrong principles That are gong down,
! TIA was equally true iu lS75-79 Inr'
/ al ures q-r unmistakable evidences Di lite
less markets Tor when trade is Duoyant
m my al the poor concerns manage 10 Keep
ailoat.
Depressing II huonce. are still predomi-
nRut ~ the stock market. IL IL easy TO
break prices; II is exceedingly difficult 10
advance them except wnen there isa large
I short Interest. The pTecGrlous condition
| of the railroad poole IN still the grenteEt
menace to the list, but no buoyanoy can
uf course ne "xpec, in the present oondi-
/ ton of general trsds. Much money that
would naturally be- used in the purchase
| Of stocks 10 favorable times 10 now seeking
employment "a other channels. Real ss-
ate in New York hee attracted n good deal
of attention lately, but The fact that there
nre a Thousand vacant ONCE. IN compare
lively new buildings south OF Wall street II
evidence that sven this method IT emplt y
Ing capital can pa overdone. The rsss for
money 10 England are little stronger
than they were las, wask. The nlacrity
with which the new Russian 8 per cant. 81
million gold loan has been taken, indicates
Doth the ease of the market there aud the
improving credit OF that country. IL Will
h. 4 remarkable aud encouraging thing II
Russia can follow Italy 10 spsoe payment.
-[Chiesgo Tribune