The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-08-15

will be taken from circulation by the
loss in wages. Other mills will follow
their example, and some which are
nominallY running have many idle
looms. The shortage in currency is
the immediate cause of the shut down.
In many and perhaps in the majority
of cases the poor state of trade is the
greater cause and the one which will
more pOtently affect the length of time
the mills will be idle.
Julius Keene, cabinet dealer; John
B McGeorge, stock and bond broker;
South Brooklyn Dock and Warehouse
Company the Worthington Company;
Bowman & Co, and q number of other
large concerns failed in New York City
on the 4th.
RICHMOND, Va, Aug. ga Lynch
burg special says: The bank of Abing-
ton and the Exchange and Deposit
bank both closed down this morning.
All IS quiet, but steady Withdrawing
weeks, and inability to collect is the
cause. Both banks are entirely SOL
vent.
The Boston Manufacturing Co., of
Waltham, closed it's works to night for
two weeks. The agent says he hopes
that at the end of the two weeks his
company will resume business again
with a full force and on full time. This
is a great improvement over the pros
pect that had been In view and the en-
ployees of the concern, numbering
about 2, 900, are much encouraged,
The Pacific, Everett. Washington,
Atlantic, Arlington and Pemberton
mills, Of Lawrence, have now an
nounced shutdowns for from two to
four weeks. The Pacific employs 5000
persons and the enforced vacations
means a loss to them of SIS, 900.
In addition to Bennett Mill No. 1 and
Potomska Mill No. 1, one mill of the
Rowland corporation and-all of the
WamsUtta mills will suspend opera
Wamsutta shut down this moor and
the Rowland will close next week.
PITTsBURG, Pa, Aug. 5.-The La
Belle Steel Works, one of the largest
steel works in Allegheny, was closed
to day in all but three departments,
which will be kept in operation until
present orders are finished. The reason
given is scarcity of orders. ALI en-
ployees, 600 in NUMBER, will be paid in
full on August ID.
The Liggate Spring and Axle Works
in Allegheny have closed down indefi.
nitely. Nearly all of the Cambria Iron
Company mills in jamestown shut
down yesterday and fully three thou,
sand men are idle. Four hundred of
the Gautier steel workers are idle,
while the balance are working one
third time. There is no intimatiOn as
to when work will resume.
NATION, Ill, Aug. 5.-All of the
machinists and boiler makers in the
Peoria, Decatur and Evansville shops
in this city quit worRyesterday on &C:
count of a ten per CENT reduction OF
their wages,
Efforts are being made to enlist the
trainmen in the strike, which, II sue.
cessful, will result in a SUSPENSION or
traffic over the road. Some time a92
Superintendent Starbuck asked the
engineers and conductors to submit to
a reduction of wages, but the propo-
sition was refused. It is now consid-
cred that in case the shopmen are not
put back to work the trainmen will
strike also.
CEDAR RAPIDS, Iowa, Aug. 5.-An
order has been issued from tire general
offices of thu Burlington, Cedar Rapids
and Northern road to the effect that
beginning with to day the clerks will
not work on Saturdays and that there
will be a corresponding reduction OF
all salaries.
The time at the shops has been cut
down to eight hours each day and the
men who have been doing extra work
have been laid off.