The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-07-14
THE TARIFF QUESTION
Republican Attempts TO stop the Revoiut,or
by Terror.
From The libdup Epentso Jonrnol
Ylpop's TURN NOW,

by Terror.
From hs ABanp Epsnis9 Jornol
IABoRs TURN NOW.
The millionaires have bad their panic. Tho
frightful shrinkage in the value oil the stocks
and bonds OF railroad and industrial corpora
tions, which began with the election OF Grover
Cleveland last November. eliminated In the
collapse OF May. Prices In Wall street may
work lower. but their downward course will be
may be placed at s2.oOo,OoO.Ooo The worst.
however. is over:
y 59 f bsas or Of ear s IN the
tress to wage Workers. The sriFpllne Of cani-
mereia as well as nanciaI instiutons and
wholesale p!oyment for labor
blow vi In the ciosing down to: day OF the Troy
Steel and Iron Companys sX! ftn PLant a on
sand sturdy workers. and the wives, mothera.
and chidron dsrendent upon theiF ITEh o but
West Troy in particular and likewise OF
serious, condition Of sifaIrs which conironts.
tho capitalists and laborsrs Of this section OF
aG ala eo @s TSH sss ssH a
failure would have been anlounced long ag ;;.
=
time being u uncos ctab e. Il has received no
tionine for the past two months
= The condition OF the Troy steel and Iron
~ e ssd"s
concerns in this portion Of the country. Dis
trust Of the future has NOT only caused nnan-
mouth policy on the part Of business men. who
fear disturbance in prices as the result OF
Washington. and who are determine ed to pursue
conservative course and prepare against
1t is best on many accounts to consider the
outlook as " is.
GLOOMY OUTLOOK FOR IRON MINERS.
From the Nep Fink TGmo.
CLEVELAND o.. July 1.-THE dull season on
the lakes Is becoming more notable every day
IN the increasing number of vessels tied up In
too scarce to make 1t possible for owners to pay
soats Of aa L e Valley Inc hn~e Sl1eady
been put In ordinary. as also have many OF the
SLOW and unless some eRanse . comes soon a
considerable part of the lake fleet will tie IN.
\. There is no prospect Of better times in ore.
region has closed down completely or laid off a
large nart Of its men. and the present outlook
brightens up and the mines resume operation
before tho long. ard bitter winter OF upper
e %n osep 1856
men are now reported idle.
MILLS SHUTTING DOWN.
from ne American Wool and Clifton Reporter.
The Salem Oilcloth Works. Salem, N. j., sus-
pended operations on the ] st inst.
On account OF orders received by the agent
OF the Norway Plains Manufacturing Com pany.
RochGster. \. H.. a partial shut down, will re-
suit. The company manufactures fine blankets
and cashmores. operating three large mills.
besides having smaller structures for the
manufacture OF boxes and the finishing OF
goods.
Tho Phoenix wooen mill. Chester. Pa. has
suspended operations Tor the present.
Tho Cohoes IN. ~ Knitting Compnny's mill
No. z shut down July for an indefinite period,
md 1t has al SO suspended operations tempo
rnrily at the leased mill ofthe National Hosiery
Company. Cancellations and backward orders
are given rs the reason.
1t is reported that two or three mills ut
Somers. Mass. ar" to shut down in the course
OF n week or so.
The HAMPSHIRE Mill. South IIadley Falls.
Mass. will resume work in its manufacturing
department in two weeks and in its finishing
department in three weeks. It means u good
vacation for the help.