The morning journal-courier., 1908-10-03

Stamford were run upon reduced time md a smaller force Of operatives Since August, however there has been a steady advance and the opinion pre- walls among leading manufacturers that conditions will gradually Improve until next spring, when they will be as pros porous s before the slump.
 The only Industry In this town which entirely suspended was that of the Stamford Manufacturing Co., the Cove mills, which mako tanning extracts ana various dyes, The business of the com pany was naturally affected by dullness In the leather trade, and u the textile industry. A revival In these was noted the latter part of the summer. and q few weeks the mills started again with smaller force than q year ago bus With prospects of gradual increase. The head of thIs concern Is General William W. SkIddy.
 The Yale X Towne Manufacturing Co., which manufactures locks. bulld- CTS hardware, etc., was run on short time in most departments for t good part Ur T1Te year. TTS T0TCe WAS TedUCeT about one-third. Several weeks ago business in its lines picked up, Some or the departments are now running on full time, and 1t IS expected that the others will shortly resume the old schc- dule, When running full, the company employs about 2.500 men,
 With the exception of a brief season or dullness, there has been as much demand as ever for motor boats, ana locaI factories at which these are made have felt the depression very little
 Inquiry shows that there Is notable improvement in every branch of lndus- try. The Yale X Towne establishment was affected by the season of dullness in the building industry in very much the same way as the Cove mills were affected by dullness in tanneries and textile mills Stamford, however, ! boasts Of variety of industries. The business depression had little effect upon those which make women's wear 1 ing apparel was temporarily felt In the piano factories, where condi- lions are gradually becoming normal | The shoe factory found a scarcity In orders for three or four months, but fall trade opens up well. The type writer industry was dull for a while, but things are looking bright again at the Bllckensderfer factory Con- ceris which make engines and machin- ! cry have been kept busy.
 The extensive woodworking establish i ments here were run on short time for some months, but recently have been | getting business. As much of the work they turn out Is for New York city and suburban towns, sudden cessa ] ton of new building operations affect ed them. All the builders hereabouts are predicting a boom in the spring, and plans have been made for many new buildings. business and residential ] Stamford is Joking for a renewal of the 1 boom of two years ago.
 This town Is noted for it's conservat- l ism in business. There have been no failures of Importance in the last wear ! While many men were on short time few were idle The banks report a withdrawal of many small deposits, the amount of which is insignificant as compared to the whole, and expect the | savings to return in the spring
 IL Is probable that Stamford is unlike any town in Connecticut that may be cclassed as a manufacturing center There are, perhaps, l,b00 persons em- ploycd in It's factories, and yet the measure to the fact that fl has beer chosen as the homo of well-to-do New York people desirous of living within easy, reach of the me. of the town has been madc more attractive by the equipment oi the New Haven road between Stamford and New York with electricity. Stam ford belng at present the eastern ter minus of the electric system. il has reaped some substantial advantages from the change, one of which Is tho addition to Its population of a con siderable number of skilled mechanics
 The most hopeful sign in the businesl situation al present is that plans ar' being seriously made for property de velopment and Improvement whicl would not be considered last spring Real estate values have stinened con siderably within the last few weeks and there capitalists are more willing to make loca Investments.
 Some people, Of course, attribute tn, improvement to an expectation that tht country will be safe because of the bal lotinR hee on the first Tuesday in No venber AS matter of fact, Stamford industries are dependent upon othe
 industries outside for their prosperty and Stamford business is affected b, conditions in New York, Some of th
 wea althiest men hercahOuts were hi very hard In the money panic, but ever, one of them has recovered from tn
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