Curtailment of business.
--We understand that though this is the time for commencing the spring work, the large clothing firms of this city are materially curtailing their business, in some cases to the extent of one-half. One firm who usually employed seventeen cutters have discharged nine, while a very large number of journeymen tailors are vainly attempting to obtain work.
A month or two since, some shipwrights remarked that unusually large orders had been sent South for timber for shipbuilding purposes.
We understand, however, that many of these orders have been countermanded within a few weeks.
The decrease of business is beginning to be felt in the receipts of the various railroads.
In order, as far as possible, to avert the evils of a hard winter, people who can afford it should make their expenditures for needed improvements, which can now be completed at a comparatively light cost.
On the other hand, the working classes should be as economical as possible, in order that their savings may carry them safely through the crisis which is upon us.--Boston Traveller.