General Cut In Wages

Waltham, Mass., Jan. 4. - A general cut in wages in the iron foundry of Davis & Farnum of this city went into effect Friday. The cut ranges from 2 to 25 cents and affects more than 500 men. The fact that the large foundries in Pennsylvania and the west have commenced to do their own small work, making it impossible for this firm to compete, is given as the cause.