New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-02
NOTES on INDUSTRY AND TRADE.

No IRON STRIKE.-Dispatches from Pittsburg
Saturday night state that the manufacturers and
the representatives of the wOrkngmen signed last
years scale without any important modification,
and that tho danger of another strike has thus been
avertcd. This The tribune stated some time ago
would doubtless be the result Of the negotiations,
though the manufacturers afterward applied to
the courts for arbitration, which the men are not
disposed to grant Probably their object was In the
main accomplished by getting the Association on
record opposed to tho proposition for Arbitration
by dsinterested parties would probably lead to
redistribution Of the sum paid in wages so that
some workers would receive moro and others less
than they now receive In Cincinnati manufact-
uIers and workers will be governed by the arrange
ments made at Pittsburg but the mills there will
remain closed for q week or ten days Tor
repairs. There is possibility that the sign
ing by manufacturers, mentioned IN the PITTS
burg dispatches, was only by some Of the large
firms on their own account, and that the Assocla-
ton as such had not assented to the last years
scale. But if that be true, it is hardly probable
that there will be any long delay in agreement
after any of the important manufacturing concerns
have signed.
EASTERN Misunderstanding to late dispatches
from Boston, is believed there that any shortage
In the cat of Eastern lumber last winter will be felt
but little. because the supply will come on the
market early aud freely. With plenty of water
remarkably clean drive of logs Is being made In
Maine and the Provinces, and there viii naturally
be less loss well as less delay than usual. The
lumber market East is reported in good condition !;
possibly it could not have been improved materially
for Consumers even if Mr. Morrisons juggling tariff
bill had passed.
Trrt, To. 4 il
the unprecedented movement of wool last year, by
which the markets were overstocked andmanuiact-
urers were induced to push production beyond the
demand for consumption In the Boston marhet,
though the receipts last week were 5,601 bales
domestic and 200 foreign this was exceeded during
the corresponding week last year, when the re-
ceipts were 1850 domestic and ,0S2 foreign. At
that time it will be remembered the new tariff had
not taken effect Thus far in 1884 the receipts at
Boston have been 1891 bales domestic and 81 1851
foreign, against 1877, 400 domestic and 2o,2OI Tor
eign to the same date in 1888 and under the Old
rates of duty. The sales since January have been
II $50, 100 b, against 47,030,30 to the same date
last year. Some shrinkage in the talings for con-
sumption may be regarded with satisfaction as the
manufacture undoubtedly turned ont more goods
last year than could be sold but the fact that the
demand for consumption is still SO well maintained
seems to indicate that the excess of production,
whatever it may have been last year, was not 50
large rs many supposed. 1t is now stated however,
that several mills are to close on July on account
of the dulness of trade.
NATURAL GAs-At the Pittsburg meeting of the
Society of Mechanical Engineers an elaborate re-
port from committee was read on the wells of nat
ural gas by which cheap fuel for so many kinds of
manufacture has been secured in Western PannSy-
wanna. Ii was shown that the deeper wells were
generally the more durable and that, although some
had been in use as much twenty-five years there
seemed to be a gradual diminuto4 iii the supply III
most cases which the committee suggests may
often be due to partial closing OF pipes by deposits
of salt or parafline. The heating power of marsh
gaswas stated to be 81 units percubic foot against
1873 units for hydrogen, and 1913 for watergas from
coke. "