The weekly hawk-eye. [volume] (Burlington, Iowa) 1858-1860, 1858-11-02
tEroin the New York Independent
THE WEST.

Ne part OF the county has suffered 60 much
during the long consinusd commercial deranxs
msnts with which the nation has been afflicted
~ the West Her movements, Of late years
have been too rapid. Not satisfied with
steady growth, nor with even sxtrsordiuar,
prosperity, she has plunged into reckless spec.
utations in wild lands, city lots, railroad stock,
and bonds-svsrythins which promised a shor
cut to fortune. No part of the country ha,
more real enterprise than the West, and non.
which can present 80 many tempting incident.
to labor. With lands by millions upon million,
OF acres, the richest, perhaps, in the world, no
man who exs.ts himself need fear of having
enough and to spare" We wonder not,
therefore, at the rapid recovery 10 that section
from late troubles. 1t will require yet more
time to bring things all right again, but that
they Will come right speedily. 10 now certain
Light il already dawning, Our merchants re-
port, OF late, better collections from shat quar-
ter, and also "A better business. Thousands of
good men are embarrassed more or less, but
with courage, cbeerfulness, aud retr.nchmsnt
OF expenses, they will fad land not far ahead.
We would say to Western merchants a. this
critical time, shoe your pluck, vour back bcns
Your Eastern creditors want to hear TO more
whining or complaints of bad weather, short
crops, or the scarcity of money. They want to
knom that you have your shoulder at the rheel,
and that there you intend to keep it, until YOU
are once again in comfortable circumstances
single word more. II you have paper under
protest. get il up if possible, or make the at
tempt to do so, before you sleep another night.
II you can's pay all, pay q part; and if you
cant pay dime TO day, but have q reasonable
prospect that you can pay soon, renew ysur
notes, keep them aiiss. and pay az fast as You
can. Wake up and contribute your share to
hasten that new era OF prosperity" now SO
devoutly looked for.
REAL ESTATE
Real estate is now beginning to feel the infu
snce OF an easy money market. Extensive sales,
for the season, are being msdc Tor mercantile
uses also for investment. Many heavy capital.
lists, not being able to Use their money except
At very low rates, are of the opinion that they
can in no better way promote their interests
shan to buy good real propersy-tka, winch
will not run away, burn up, or, like merchan-
disc of Some descriptions, 60 out Of fashion,
In this decision they show great wisdom. 1t 10
a fact we'll known hereabouts, that most, if not
all OF our retired millionaires have made their
money in real estate transs stions. With 4 fair
capital TO start with, made perhaps in CONNER
cial pursuits, thoy, on retiring from active bus
mess, have invested their money in this way, 10
their very great pscuniary advantage. We be-
lsvs that there never was . sins when money,
judciously invested in real estate, promised .
more abundant reward. Capital 10 increasing
day by day, both in this country and in all Eu-
rope. Hundreds Of milliens in the aggregate,
all over the world, are now lying idle, seeking
investment. Railroad bends are not wanted
They are drug in the market, all Of them, with
few exceptions Cart loads can be had in Wall
street almost for the price Of the paper on which
they were printed. A host Of other Stocks"
~ oh kA0 hal tnA a. 49,
crutchss Of operators" or rather gamblers, in
oil quarters, have found low levsl-se low that
they never will soc day light again. The cry
now 10, on oil sides, give us something tangible,
real, something that 10 netnall mosnshlns.
DRY GOODS.
There has been q fair business transacted
since our last report, and the week has been
rather y more active one than the former. I'm.
porters are pressing their remaining stock on
tho market, which has the effect Of weakening
prices. The demand for French goods from
first hands has almost ceased; but with the
jobbsrs there 10 still considerable inquiry for
plain merinees aud staple silks. and few styles
Of fancy robes and silks. Ribbons are very
drll, but millinery goods generally, especially
velvets for bonnet trimmings, are quicker OF
sale. Shawls are comparatively inactive for
the season, A. cloth cloaks are the prevailing
fashion for women. Linen goods are frmer,
ewing to the increased cost Of importation from
8 rise in the price Of flax, but are nevertheless
dull while the supply Of old stock is large
Domestic goods are quiet. Heavy shestings
and shirsings are dull and heavy, With an Ac-'
stock, and the prospect Of lower
prices Of the raw laatsral. Prints and de-
LANES have fallen off in activity Of demand, but
as the stocks Of desirable styles are reduced,
prices are steady. Cloths and cassimeres are
very inactive, and At irregular and heavy prices.
A few styles of fancy cassimerss alone sell we'll.
Spring goods are csming in, and are being
bought by clolhiers for the spring trade. As
sure OF the large overstoek of goods. especially
in heavy woolens. prices will tpring up again,
Is the cost Of production 10 above the market
prices Tor old goods.