The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-10-08
TIE rA11 znADE IN NEW FORK.

Brisk Business nnd Cheering Pros
pects-Thc Southern Trade Trcbled-
York-Nhat Is Doing In Dry Goods,
Clothing, Boots nnd Shoes, Hardware
md other Lines.
Our merchants generally Viii read with in
tcrcst the following remarks OH the condition
Of the fall tradc in New York, which we find
In the New York Times Of Monday last:
EFFECT OF THE GOLD EXCITEMENT UPON GENE
RAJ TRADE.
The late excitement In Wall street has had
very little effect OIL the present fall trade pros
poets. The city was full or buyers from all
points when the speculative mania was ut Its
highest, anu with the exception Of the dry
goods business no branch of trade seemed to
be affected by It. This line Is more sensitive
than any other to changes of the financial
r',D Da'T,0me.er because OF It's sympathy with the
great extent regulated by the price of gold.
In the other lines OF trade dealers affirm that
no no material change Is apparent that can be
buyers perhaps did not purchase as exten-
sivcly rs rs they would have done had there
been no ilare-up In Wall street; but as the
season will doubtless be q long one, these will
further supplies when the financial atmosphere
shall have rcgalned its wOntcd serenity
MARKED feature OF trade this fall is the in
crease Of Southern buyers nntl thcs demand
very generally. among them. for first class
goods. in nearly. every branch, of business
this increase is noticeable, and Is d cheering
index OF the rccupcrativSsrrOercss going.on In
the Southern States. TIE clothing business
;fpnnsi|lIcSI ;a @ a, SSa RIG e e :! q }kst.
reached Its ucme In 1903
DRY GOODS.
The trade this year commenced .omewhat
late, owing to the tendency, moro and more
perceptlblc every year, to delay obtaining sup
plies until they are actually wanted, and this
Is encouraged byjncrcascd facilities of trans-
portation The South and Southwest were frat
In market, and they were the most important
purchasers, due to the large compensation OBJ
tained for the cotton crop, which this year was
received by the planters themselves. The
year before they sold their cotton at low prices,
SO that brokers and others availcd themselves
OF the subsequent large advance. The South
was bare of goods, and were liberal purchas-
crs. not, however, on scale that partook In
the least of speculation.
At the time OF the raid upOn Will street the
city was well filled with customers from oil
parts Of the Union, and there was good pros
pect OF satisfactory season. But the affair In
severity that many customers, unable to fathom
the extent OF the disaster, suddenly left the
city, and others whose visits are seldom omit
ted made light purchases at Chicago, st. Louis,
Cincinnati, Memphis and other distributing
points conveniently reached. The trade has
fallen oil In volume about thirty per cent. and
there has been some decline in cotton goods in
sympathy with tile full Of cotton which took
supplied, the season will be Heightened beyond
what Is usual. Many dealers suppose that the
relaxation which Is now going on. In the recent
severe demand for money In Wall street to
carry stocks at high prices, will have the effect
ultimately to make the trade of the season nc
tive.
BOOTS AND SHOES
The number Of buyers in this branch of
trade Is unusually large, especially from the
South and West. The number OF home buyers
is about the same as last year. About four
weeks ago the rush hither Of Southern and
western merchants began, and 1t very soon
became patent to prominent wholesalers in the
CITY tnat the trade for this season promised to
It is much better than 1t was Inst fall. The
stocks In market were quite large when the
business set In; but In many instances this
supply had to be supplemented by new manu-
stautly Increasing demands that were p,ade
upon the principal houses. A noticeable fact
In connection with this trade is the vast In
crease Of orders from the South, which are
now far In advance Of thoae Of any year since
the var. For the Southern market, too, o
better quality Of goods Is demanded than has
usually been asked for to supply that region.
An instance Of this may be mentioned.
prominent wholesale house in Murray street
roo6ived, tho other day, ON order from firm
IN Savannah to the following effect: Scents:
send s on as soon US possible twelve cases
best quality, for, as every negro in this neigh
borheod expects TO go to Congress, none others
are saleable:" There is no material deviation
ffOmlthe price list that sbtained last year, go
for as,sales have been made this season.
CLOTHING.
Thelbome demand for clothing this season
fs fair, though not In adE,lce Of lost fall; II
anything it Is loss urgent The Southern trade
Is looking up remarkably; saies, in most cases,
ton crop, which will bring payments generally
into january, 1870. This increase of Southern
frade la more observable On this branch OF
Mlsiness:than In any other. "A better class of
goods js:heIng shipped to the South than ever
before, and payments for tho last seasons
Baies arc coming In with exceeding prompt
ness.the, complaint OF seancity OF money,
which y, hos, for some years post been chronio
purchasers. Prices range abApt the sano as
average atruck in this respect ( must be at
sss s s Hx ana ls shsssss oi sSS aSSss si sh
sales to the West for this scason arc about
equal, IN tho aggregate, 10 those af last year,
the profits Eeeoon arc q tri6e less. This
has grown a up up ia ieiy T between % tie Western
cities and New York. Large clothing
ne houses have beer. establlshed In Chicago,
Cincinnatt and other places. from which
their supplies; and as these now csfablish.
ments have marked idoSn their goods 70 the
new York standard, tho wholesalers here have
been compelled to come down still lower, ia
heights are fSnarEsbIy low, tie Western trade
in 1893. In respect 20 the South the case is