The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1869-08-05
Business Prospects.


The question is frequently and aoxiouSly
asked, aWill business revive this hll?'-
la looking over the whole field, one really
cannot SEQ why there should not ho a fair
aud prosperous business done IN all the
branches 81 legitimate trade. The crops Of
the country, with scarcely an exception, are
good beyond many previous years, traits
arc alunIamt; hay Is in large quantity
wheat aud oats and barley are more than
abundant, and although too early 10 deter
mine fully yet corn and potatoes promise
plentiinlly. The tendency OF prices will
probably be downward to such an extent
that a large export Of grain may be reason
ably expected. Beef aud pork also give
tokens Of decline in price. Butter and
cheese, from their abundance, must neces-
sariy be cheaper. This will tend to lower
the price Of labor, and bring everything
back To more substantial basis, with less
iiuctpauon in prices. The cotton crop, ne
corling 20 the latest adyiceS from all parts
Of the South, gives ilalicring evidence of
ABUNDANCE, and as this is one of the great
staples OF export, with the ruling high pri-
ces throughout the world, It's value will add
largely to our prosperity and wealth. This
one production viii largely stimulate trade,
particularly in this city The clip of wool,
large in quantity, is this year bringing re-
munerative price, and enrichng the farmers
who produce it. The amount of precious
metals mined this year in this country, will
reach full eighty million dollars, aud the
emigration from the old countries in so large
numbers, will do its full share for trade.
The amount Of money brought here by emf.
grants aggregates large figures. With so
many favored surroundings, one eau hardly
see how trade can be slack or even unproiit-
able. One thing must be borne in mind,
however, by all business men, and that Is,
| The tendency of the times to greater econo.
my in living--in dress and in all the rela
tons of life. Money is not so easily made
as it was during the war, aud almost every
! family is admonished that curtailnent in
living is dire necessity.
Another thing is needinl to move on IN
business smoothly, and that is an increase
of currency to meet the extended demands
OF trade. Business increases faster than the
facilities Tor moving it. Ii by any means
the currency could be Increased 500, 600.
600 to gather in the crops South and West,
and promptly bring them to this city, the
great centre Of all markets, every class Of
business would feel its beneficial effects, and
instead ofini!ating the prices of agricultural
products. the tendency would be TO lower
them, by competition and prevention of nc
cumulation in the hands of spectators.
Many are expecting to see large depre.
citation in real estate in this city this fall,
but they will probably see their mistake ere
long Real estate may not be as active rs
it was last year, but there is no reason to
suppose that much change in price will take
place. As general thing, the owners are
| able to hold on, even though for protract
ed period the demand should be slack. On
the whole, and after full survey of the en-
tire field, we may come to the conclusion
that tie fall business throughout the eoun
try will DO large and profitable, and that thi.
city, as usual, will command its full share,
1t will not do to expect the profits Of bust.
ness to be what they were before and during
the war, for the reason that the con,ribu.
tons TO the government are so large in the
| shape Of taxation, that net profits mus
necessarily be restricted until relief comes
from government contributions.-N. l.
Express.