New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-04
MILLIONS OF SPINDLES TO STOP
RESULT OF THE MOVEMENT TO CURTAIL
COTTON CLOTH PRODUCTION.

Fall River. Mass. July 3.-Thc following official
letter regarding the closing Of the cotton mills in
New-E England was given out this afternoon by Mr
Rounseville secretary OF the Fail River Cotton
Manufacturers Association:
Boston. July g. lsss.-T'he committee appointed on
the 25th ut to inquire whether the cotton manu-
ldctu'tIs ol HeW-Cngldhl woud geheraHy Good
crate IN a movement 10 curtaN production curing
the months OF July and August, would report that
agreements TO curfai have been drawn up ana nave
been signed BY the managers Of over 100000 spndles
In Massa chuse;ts, Rhode Island and Connecticut be-
short time in NewEngand and the Middle States
10 ons tnv agsegas 1t up & 70 Gyfr SgV gro
y G., sey; that at meeting Of Southern manu-
facturers. held June 20 resolutions were passed urg
ing miH-oWTIers TO reduce production 90 per cent In
the next two months. and 1co establishments havc
already acquiesced in this stoppage.
e coSAR6AS 3 R6fNsE1iHE E1hGI seeITna9; seerGtarp;
TO William c. Lowering. president Of the Ark
The signing Of the agreement has caused great
sense of relief among manufacturers. For two
weeks Messrs Rounsevile and Baker have worked
unremit;ingly among Boston and Providence men,
well among treasurers In this city. but until
o'clock this afternoon they could not really say
the movement 10 curtan would be successful. The
Seaconet Mills signed this afternoon. and within
half an hour Mr. Rounseville secured the signatures
Of the Union Pocassett, Durfee and Narragansett
mills, and the letter 70 the ArkwriEnt Club was
sent.
The only factories in this city that Will not cur
tail under the agreement are The Parker and Har-
graves where a strike OF four weeks ended short
time ago: the Kerr Thread Mil. the Globe Yarn
MIL the Sanford spinning mills the Stevens Manu-
featuring Company and the Bourne and Fall River
Iron Works mills. In all 225o0Oo spiadles will re-
main idle. and about % 900 operatives will have no
work
About one-thrd OF the mills signed an agreement
10 close tonight for one or two weeks Since the
curtailment became certain the cloth market has
al in rrice nd ie believed quotations
will reach 25s cents for 6ixsFs before the month
ends
The price Of G4xs4's advanced 70 2ls cents today
and 81 900 pieces sold at the advanced quota
ton The market was dull for the week pending
the result OF the efforts TO efec: united curtai!-
rnent OF production which seems assured. The
stock on hand is still accommodating steadily while
the production shows decrease i'Jr Juy only
c. 900 pieces are sold for weekly delivery.
The weekly statement follows: Production. moo
deliveries. $4,000; stock or hand. Ll3r0' odds N9-
OO 64x64s o44 900; last es stoch. lCs9ooo: sales.
s6COO Odds ZOO s4xs4s 800 spots. GOOo futures.
22OOo Sold for weekly delivery in Juy, 5000; Au-
gust 81 CO., September. 1900 October. 2,0Co; No
vernber 1000: December. 1850. Market firm. Price
1lt cents for sivs4s.
M-n9oward. secretary OF the sp.nners' Union has
issued circular letter TO spinners bearing on the
proposed curtailment OF production. Among many
other things ne says
Being on the eve OF a general shutdown Of the
mills we deem it advisable TO inform you that Rule
a. relating stoppage pay, reads: That in the
event OF a majority Of the mills being shut down. the
r1,l4 shall stand suspended" Therefore. wh cever
may be in receipt Of stoppage pay when the majority
OF The mills shut down. will not b. entitled 10 any
more pay under said law until ne nils res IN e
steady work and the law Is put in force again The
ofi,ers are quite willing to do without salaries f0r
the time the mills are stopped and ciose the Offices
up II II Is agreeable 20 members
DaniAlson Conn July 3-The mills Of the Quine-
baug Company and the Danielson Cotton Company.
OF this place: Wauregan Mills. Of Wauregan and
tho Wi,liamsv1lle NILS, At Ki.Nngly, VII reduce
working time from sixty hours 10 forty hours week
IN July and August. This affects over 1900 hands