The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-13
DRY GOODS.

The Southern trade is drawing TO close. The pur
chases for that section Of the country have been large
and remuneratve prices to the jobbers here Domestic
goods which constitute the bulk of Southern consump-
ton, are frmer in prices since July. This is caused
partly by the large quantity taken for the South and
partly by the decreased production compared with
1857. In some styles of goods the agents have made
small advance on the July prices Although the advance
is more nominal than real, has succeeded,
tended by the agents in giving lveler tone to the
ket In all of advance in price discount continues
to be given equal TO the addition in price, Buyers in good
standing have difficulty in getting all they the
prices current in july The reductions granted,
fdentaly, in the shape Of discount allowance. Each
buyer strictly enoned TO secresy and emphaticay
sured that more can be delivered at same prices.
Flannels and blankets active demand the stock is
SMALL owing chiefly to the fewer number of manufac-
turers in that trade since 1857 Delanes selling WE'LL
the prices low from, think, unnecessary com
petition Many of the delaines and woolen shawls are
supersedng foreign goods with the better class of trade
The styles and patterns superior the foreign our
manufacturers possessing the advantage of all foreign
as,a ~ o o COPY rom a ana improve On 70 sun the
signs in time for the earliest trade In cotton prints and
deaines the consumption has been largely increased from
these causes The economy enforced many people by
the hard times has largely increased the number who
wear these instead of foreign fabrics The beauty of the
designs and superior wear compared with similar foreign
goods, will probably continue the consumption
permanently Of these domestic manufacturers in
MIXING since 1857, by using domestic fabrics
instead Of foreign. continuance in this wise and pru-
dent course will benefit the West and bring its credit
sound and specie point than large purchases Of
foreign articles of luxury and extravaganza long
dit The domestic dry goods trade is in very healthy
cond ton This caused by the prudent production and
the greater number who instead OF foreign goods
since the hard times Of 1857 The foreign importing
trade in marked contrast to the domestic The amount
continues to arrive weekly in excess of the largest import
on record that of the year 1857 The week ending Au
gust 20 per cent more than the correspond
ing week IN 1857. Prices unsettled for desra-
BILE GOODS What still greater evil, because perma-
nen injury to the safe system of doing business, the
terms and length Of credit equally unsettled Ten and
twelve months have been offered that is "eight months
are our only terms but date your notes to suit
yourselves making them fall due before scr We heard
OF obbers and houses being tempted by
extra time to increase the amount of their bills II ia
much to be depored as an injury to both buyer and sell
Ter. The Jobbers, however, body strictly adher-
ing to the safe, prudent course Of buying from hand to
mouth, combining their purchases just sufficient for the
both importer and jobber In many goods such rs TRIM
mgs, laces and embroderies they always depreciate
pay best-style and novelty not price, makes them SELL
Importers can stand loss on merchandise, for that is
part of their calculations But not the jobber The
jobber can never afford to lose merchandise, to
carry large stock The merchandise account OF job
Der ought always to pay good profit, otherwise SELL
ing, the risks he must take, he never succeed
In hard doubtful season, when probable glut in
the market crowds the auction rooms, jobbers only
hope for profit safety against on goods is TO buy
even auction just enough for Immediate sales Unless
the obber has very extensive miscellaneous connection
he will lose money by buying at auction In all auction
lots there is something undesirable which kills the
pccted profit. jobber is in good standing he can
always duplicate auction prices at private sale eight
wants This season, better than auction can be DONE
Even If jobber has to pay little he had better
do so than accumulate stock Jobbers should watch the
auctions and keep posted up to prcesbut above all
this, keep posted to what your trade will take from
you, that you may have hand always light stock
You can always get goods You cannot always get RID
them The AL Western buyers cautious than usual
They seem to think that the same rigid economy IN
dress practised 1857 will continue this fall Their
purchases fancy dry goods very light The aces,
embroidcries &c, which the West used 10 consume IN
till later in the season These goods if wanted win be
bought later and by express Our oboers must now
on 4 mnors q
goods which we been told weekly were all here and
would dwindle down to mere trie continue to arrive
in the same large excess over 1857. The official
custom house reports Of dry goods arriving hero
are the true and safe guides for jobbers
anonymous circulars and statements receive unanswer-
able replies from these weekly statistics Jobbers can
opinion the prudence Of buying bills for wants ahead
The present import of dry goods for 1859 is Millions
or about fifteen per cent more than for the same period in
1857, and hfty five millions about 40 per cent moro
than in 1858. II this import prove 70 be no moro
than the country can consume, h the interest Of
porers to wait till the jobbers trade is in the city, and
they can tell what they want The jobbers viii pay
better prices to the importers Under such circumstances
than they possibly can IN prudence be expected % do
Inc importers are aggravang the evils Of heavy inn
portauon by crowdng Off goods at auction, and forcing
them OIL at private sale by offers Of long credit under tho
subteruge OF permission 70 send In notes dated as tho
Jobbers please This the old story of long credits sig
nincant OF future trouble. The British government re-
ports Of trade for the six months ending June 30
show an immense increase in tho exports 70 the United
stuns three times mixed stufs SC, double, laces,
broideres, &C, than double, and similar increase
throughout every article clearly showing that the excess
is not all in German and French goods.