New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-14
WAITING FOR CONGRESS TO ACT.
BUSINESS MEN TIMID ABOUT NEW ENTERPRISES
MANY ORDERS FOR MACHINERY

Chicago. Nov. 10 (spcciaD.-A dispatch from
rostoria. Ohio. says: "This city IS already feeling
the effect of Democratic success. The Fostora
Shade and Lamp Company, the largest manufacturers
OF lamp shades in the United states. have been com
PEELED TO put their on half time. Glass joobcr'
refuse 10 purchase until It becomes known what
Congress, will do with the tariff glass. and the
propricors do not propose 20 be caught with ais;
stock The Consolidated window Glass Company today
gave notice 10 their employees that hereafter they VIII
work only Oh order The pay roll Of the two iactor
is $4,000 month. The employees are feeling blue
at the outlook. although many Of them are Democrat
Boston Nov. 10 tSpecialj-The shock TO TIE bu'i-
ness interests of this country by the election
Of the Democratic National ticket ard the
consequent expectation Of a disturbance OF the manu-
featuring enterprises OF the United states Is already
hearing fruit In Boston yesterday manufacturing
stocks failed to find any purchasers. 40 one was
willing to bid at the regular sales Of securities which
have generally found ready customers Fitchburg
paper SAYS: I'VE are obliged TO confess defeat Mr..
Cleveland is elected the Country Is too big and
too prosperous for one man 10 wreck it, but there
cannot fail to be q period Of uncertainty and falling
of In trade Here Is an instance: man arrived III
this city on Wednesday 10 close a 100000 order
for machinery negotiated for some time ago. He
WAS Informed that the firm would not now want
the machinery. the contemplated additions would be
abandoned This that probably 80 hands
/
not feeling confident OF continued and Increasing
demand for their products. The salesman said that
he had another conditional order for $4,000 worth OF
machinery which he knew he would not now OBJ
taIn If the same fear and uncertainty prevail every
where among manufactures IN these two cases trade
must necessarily suffer-
A leading manufacturer today said that textile
fabric concern with capital Of 100000 had Just been
abandoned in this state owing to the business M
certainty At landlord & Kellys banking rooms,
New Bedford Saturday, their auction sale OF stocks
especially mill corporations. carried OH with little
onimatlon. stocks declined Ia 10 "a points on the
sales Of week ago. city manufacturing company's
shares dropped 81, and the best bid obalnable on
| Potomska Mills stock was 1O7 81. The
| last previous sale At 100. This
decline IS attributed to lack Of confidence in the
business outlook OF the country. A New-York manu-
iactur.r who had intended to erect a mill In Fair
Haven, Mass has since election announced that the
whole matter Is OF. The ROtch Milling Company,
which Intended build another warn mill In the spring
has gIven up the project 10 await developments. A
| prominent mill owner Of New-Bcdfod VINO is doubt
i,ss Republican, said this afternoon that the mills
In process OF erection would be finished. but that
New Bedford would not another new mill built In
the next ten years T.. D. jones' sons Co., OF Pitts
field have received dispatch canceilg order for
marhnery for 100000 paper mill in Ncw-YO rl
state for which foundation had already been laid The
! projectors have decided not TO go owing 10 Clevc
| lands election