New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-23
TO CURTAlL PRODUCTION.
ACTION OF THE COTTON CLOTH MANU-
FACTURERS.
Az AGREEMENT PROBABLE TO SHUT DOWN THE
MILLS TWO DAYS WEEK FOR THREE
MONTHS AFTER FEBRUARY /.

Important action. intended to raise prices ana
vtimulate sales Of cotton cloth in this country was
taken at meeting Of the Fall River Cotton Manu-
facturers' Association on Thursday III was a."
agreement TO shut down the mills for the manu-
facture Of print cloth for two days each week o q
period Of three months after February l, PROVIDE"
the agreement received the signatures OF manu-
facturers representing 100000 spindes.
There have been number OF conferences oe'"ee"
the large manufacturers Of cotton cioth receh'i!'
and The Tribune has published Information regard
ing efforts TO make combinations 10 reduce the pro-
duc,on Of nrInt cloth in this country. AT the meet
ing in Fall River on Thursday Andrew Borden
agent Of the Merchants Manufacturing Company
presided. Among the corporations represented were
the Union Cotton Manufacturing Company. saga
more Manufacturing Company. Barnard Manu-
featuring Company. Tecumseh Mills. Bourne MINIS
Fall River Mandatory Flint Mills, Cornell Mills.
Slade Mills Pocasset Manufacturing Company
Granite Mills. Mechanics Mills. Durfee Mills. Dor
den City Manufacturing Company. American Linen
Company. Stafford Mills. and the Chace. WeXtamoe
Shove & Robson Mills.
II was stated that NJ. C. u. Borden. who controls
the Iron Works Mills and the American Printing
Company. would come into the agreement. III was
believed. also. that the cooperation OF r. IS a H.
Knight. owning tventy-One mills in Massachusetts
and Rhode Island. could be counted on Manu-
facturers said that for many months the manufact-
OF print cloth and kindred fabrics had exceeded
the demand and that storehouses had been filed
with the manufactured goods. They were con-
WINGED that the overproduction had reached point
where the adoption of short-time schedule in the
mills absolutely necessary.
Matthew { d Borden. OF this city who Is the
largest individual manufacturer OF cotton cloth in
this country and has the largest individual inter-
ests in the manufacture. said yesterday that me
action OF the Manufacturers Association at ran
River Thursday due to the belief that there
has been an overproduction Of print cloth ana
kindred idbrics in this country me asree EEL i
would reduce the hours OF employment IN all the
mills making print cloth and kindred fabrics by
cutting off sixteen hours week, MI l5ofuer
said but it would keep all hands employed thirty
two hours a week. Such reduction IN the nouiS
OF labor for three months would decrease the
PRODUCTION of cloth OF which there has been an
overprOductOn. without throwing the hands OUT Oh
employment | presume the requisite numper OF
sigma lures will be obtained 10 the agreement mere
are about . $4,000 spndles in Fall River ana the
signatures for the remaining l.21OWO Wouiu coIle
from manufacturers In other parts OF the country
] there not many more tnan f.vVu.,o'
spindles used in the manufacture OF the cloth ne
erlndles used in the manufacture or All k!nus OF
cloth in the country number more than lo.VuW0'