The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-01-03
NONETARY Il COMMERCIAL,
From the N. Y. Economist, Dec. q.
Annual Review or the Dry Goods
Trade with Comparative Prices.

Trade with Comparative Prices.
Aswe have now reached the closing
week of another year, jobbers. are taking
stock and finding the state of their stock
with the profits and losses of the past year;
there are many who have not made so
much as they anticipated at the opening OF
the season TO realize. The present year
opened under apparently very ir pros
poets and many firms, who had made
money during the war, felt very confident,
and the ge eral prospect was so good that
there wa O good deal of recklessneSs mark
ed in the actions of some houses early in
the season. The rents have been of the
most extravagant nature, and such In
their extent as to eat up the profits of a
former years business of the same houses.
There are some goods which have paid
quite liberal profits, and many others have
hardly paid the expense of manufacturing.
Brown heeetings have been thrown about
pretty freely. and at some times they have
so d with IL fair margin of profit, while
mo of the time. as at present, they are
sold at prices lin many cases they are be-
ing job ed) for less than at the present
price. of cotton they could be made for.
Fine browns have had a good run, and
have sold for print cloths and TO be
bleached, which at some times made them
quiz scarce. Bleaclied goods, are articles
on which a good deal of money has been
made, and they have sold q great way
above tn cir lcgii innate value. Some ofthe
corporations which made these goods
have declared enormous dividends, and in
some other instances have made very
ones, purely from. the clear profits, with
out disturbing their invested capital.
They are now down to about their real
value. and are selling with much more
freedom, The trade believing that the
goods have gotto where they may take
them with confidence. 49,. ~ 8 .
Prints have been IN fair request, and the
years business in these might be said to
be of q very favorable character, at times
they have been sold far ahead, and here.
/ as is generally the case, somewhat above
as ,fNl In
have been quite regular, and the printers
have been satisfied with a fair profit,
(when they could do no better, and the
tone of the market has been governed a
/ kept goods pretty well down to where they
should be. The year closes with prints on
and Vet high enough other cotton goods
which sell according to their particl lar
season have enjoyed their usual amount
of attention. and tire stock of cotton fab
RIGS at the end of The season Is not so large
as in many cases ii may be anticipated.
Woollen goods have been drag all the
year there has been no time during the
/ present year when it might be said that a
fair demand existed for sTw00len goods.
| . aSSimereS have sold as 1t were n fits and
starts, the clothiers who bought early in
/ the season got bits badly that they did
| not buy again unless they had things all
| helr own way, which they did have
toward the last and many goods were sold
al price which did not approach near 10
| fairs cannot be said to have changed
| much up to the present time, and goods
are still very difficult to place. elaInes
have Eeen in good REQUEST, a nd printers OF
| these goods have made money; the mar
ket closes with rather light stocks and
| firm prices. Hosiery has been n drag all
| the year, and but little satisfaction has
/ marked the production or disposal of this
| article for the p styear. The sad effe"ts OF
| the ever production and increase of mills
| and other evils are 100 fresh i'll the minds
readers rehearsal
| present. Let every one take warning and
| example, SO that they may be able to shun
| the shallow aces and sail clear OF the
the mosf judicious XII d, lest they share
! their Iate.
/ People are more Inclined to take goods
| than was the case some weeks ago, and a
much more comfortable spirit pervadeS
1 the buying community generally, as they
begin to see that goods are getting down to
about their real value. The market bears
\ a very healthy appearance, and the trade
| IL entirely VOID of any thing in the way OF
| speculation, with a demand for present use
| month ahead, but has an inclination to lay
| in for present wants; this appears to be
very general, and makes holders feel better
/ 10 regard to the ultimate issue of affairs.
/ People are quite ready to buy just as soon
| as they find prices at such a basis as they
| caHdepend upon, and this is growing more
| to be the case every day,eso that we may
| hope, before another new year, to find our-
4 selves again with prices at about the mar
| gin they-used to be, and as steady, sure
though, perhaps not SO very quick No. for
| the present salts iactOry -demarld as has
/ been tsie case the past few years. There
| are some who are making large sales, at
liberal CONCESSIONS, to close the season
/ and are letting go pretty freely, but This is
! We annex comparative table of prices
| current of a few of the various articles
now and atstIle corresponding period last
| year, which may prove interesting:
Il Dec. 30. Dec 2S. De-