The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-08-17
COMMERCIAL AND FINANCIAL.
The new YORK Dry Goods market.

A very healthy condition of trade is
noticeable in the dry goods market,
which augurs we'll for the future.
There has certainly been no feverish
rush OF purchasers; but there has been
an increasing demand for all styles of
seasonable goods, which will doubtless
continue to increase during the next
six weeks. Small purchases to meet
the eXigenCies of business from day to
day are the rule at present; jobbers and
country dealers are alike cautious, and
the general disposition is to avoid an
accumulation of goods, under the im-
preston that lower prices are likely to
be made.
There is no anxiety evinced on the
part of manufacturers and the commits
SION houses to press sales, and prices
| for most kinds of domestics have
slightly advanced. We do not think
there Is likely to be any falling Oft in
prices during the season; for, while
money remains SO abundant as IL does
now, there can be no necessity for for
cling sales, and purchasers, owing TO the
| abundant harvests, are in a much bet
ter condition to supply themselves with
the goods which prosperity render nee
essary to the great mass of our people.
The commercial results OF emancipa-
ton are only now beginning 10 be mani
fest. The absence of a great number of
Impoverished southerners, whose lux
I
source of supply to our importers and
manufacturers, made u great void in
our markets, but their place will be
more than supplied by the ten fold
greater demand from the amancipated
blacks. This class of customers will be
more directly feltin the dry goods BUSH
ness than in any other department of
the trade; and, as the cotton crop is
gathered in, there will undoubtedly be
perceptible increace in this quarter.
But It Is too early now for 1t to be sem
sibly appreciated. Something of this
increase has probably been already
discounted by intelligent business men
at the South; but 1t Is an increase that
will extend so rapidly that it will be
difficult to keep pace with it.
AS to a reduction of prices in dry
goods, or any other description of mer-
chandise. il is unreasonable to look for
ANYTHING of the kind while taxes and
the cost OF producing the raw material
remain as they are now; and that they
mnAt remain SO Is certain while the
government extracts from the industry
OF the people four hundred millions of
dollars year. Just that moment, in
addition to local and State taxes, must
be added to the cost of all productions,
whether of raw material or manufac-
tured articles; and 1t will only be as
our population increases and the pro
rata OF taxation diminishes that there
can be any diminution OF the great bur-
den which must necessarily weigh upon
our commerce. o.. -2a
During The past week there have been
no changes calling for special notice.
No more failures having been reported,
credits have been extended more liber-
ally, and it is pretty generally conceded
that the worst has been seen already in
the present season.
In brown sheetings there has been
mi nRffrffu and HaGiFp hta anal
tiles have advanced about half n cent.
yard. In bleached goods the sales
have been heavy, stocks in the hands of
agents have sensibly diminished, and
prices of the Inferior grades have adj
vanced a trifie.
Drills and Jeans are without any
marked Improvement. Prints are
in increased demand. Merrimacks,
Spragues, Aliens and American Print
Works goods are readily taken at firm
prices. New and tasty styles of course
receiye most attention. GinghAms of
the better qualities are in good demand,
but the inferior grades are neglected.
Jaconets, silesias and cambrics are in
steady demand, but without any in
crease of prices. The exhibition of
American shawls this season is I'M
usually attractive; the demand for this
kind of goods is largely on the Increase,
and better prices are realized. In cloths
and cassImeres, as well as in Italians,
there is more activity, the demand from
the clothing houses being on the in
crease.
In foreign goods there is not much
change since our last report. The i'm
portations for the last week have been
large, but not quite equal to the impor-
tatinns of last season. Fancy cassi-
meres and the fiue qualities Of cloak
ings are in good demand, and plain
silks are held firmly. The choice styles
of dress Cnnds of which the snnnly is