New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-31
LACEs AND MILLINERY GOODS.
TRADE FALLING BEInND-HoPEFUL PROPHECIES l.
REGARD To THE SPRING.

TRADE FALLING BEIIIND-HoPEFUL Prophecies N
REGARD To THE SPRING.
TRIBUNE reporter visited yesterday mum
tho retail dealers in laces, embro1cres and mil
nery goods ascertain what damage these branches
of business had sustained IN consequences OF tho recent
excitement In monetary circles. IL was generally ae-
knowledged by all that thor business was ourtaied In
measure yet not 10 that extent that many had antic
pated. Little Improvement was looked for In the near
future, but 1t the general opinion that with the
opening OF Spring better times would come.
Richard Brown OF No. $40 Broadway, dealing exclu-
sively in laces and embroderies remarked To the re-
porter business for the month had been from 30 20
Is per cent than during tho corresponding month Of
last year. Tne number OF customers probably mad been
no less, but their purchases had been confined TO
cheaper materials, and remarkable caution was mani.
tested by all 10 selecting laces. The very expensive
aoes vaenciennes ipOint, aud Brussels suffered mora
any other branch Of tho business. In all classes
there had been q marked reduction In prices.
They we're compelled to cut down prices. although thus
WAS not warranted by any reduction In tho
cost imported goods. The present season. no said
had proved exception TO the general rule In an ex
perieuce OF rs years in this business In Broadway dur
ing other panIcs and similar monetary excitement, he
had never known time when attractive prices would
not affect buyers yet such was the case atpresent
reduction OF from is 10 20 per cent brought the Increased
sales anticipated. He did not look for any Increase OF
business during the holidays; tho spirit of economy-a
Upon the WHOLE though, he thought cheerful future
awaited them and with the opening Of Spring would DO
met a much healthier market.
Miller 81 Grant, dealers IN lace and emhroideries at
No $40 Broadway stated that while they all were dis
appointed In their trade ut the present time. st when
compared that OF last year. 1t very little less
Until the present month IL had been considerably
larger. They had made extensive preparations for
tending their business, and with large stock hand,
they compelled to force their goods nto the trade
and at the prices gained the profits necessarily
small. 1t with most all the dealers. This class
OF goods had not in 80 years been offered at such arao
tive figures, aud still the demand limited. Tho
cost of production, tho contrary had considerably
increased, especially since the French war, ana the
foreign market would he thought. undergo change
although IL might be sg hty affected by tho diminished
demand from tins country Their ST. LOuls branch firm
was affected than the house here, and had
formerly done the leading business. stl they were
hopeful the worst was over and that they had
little to fear the future Mr. Grant remarked that 1t
true, as stated In The TRIBUNE OF recent issue
that the lace business suffering most from the
smuggling carried on, and that it fact Of
which the Government should take notice.
Mr.. Shaw OF shaw & Eaton OF No. 1,l05 Broadway
stated that their trade very dull he thought
that generally IL would prove pretty hard Winter for
dealers. But this condition of things could not last
long aud In his opinion the panic eventually would
benefit In putting all branches OF business upon
business had been IS good az IL was last year The hoi
day season, he expected, would bring about some i'm
proyement put trade would not compare with tnat OF
last year. With them as yet, there mad been small
In number but all seemed To DO making purchases ia
less quantities and Of less Ipensve material.
At George Richmond & Co.'S at Nos 1888 md 935 Broad
way little information was obtained. One OF the part
stated that business quiet, still they had
yet been forced " lower the prices OF goods
any great extent The present business far from
being good that OF last year. aud there small
chance for much Improvement at present. even during
the holiday season. 1t almost impossible to make
collections In the country and little improvement
could DO anticipated while money remained tight.
Stll they not grumbing; much greater business
might be done but they deemed themselves very fortu
nate In doing so well as they were.
j. DANIEL & Son. dealers In fancy goods. laoes, ana
millinery goods OF No. T5) Broadway. have more
cheerful OF the Winters business Their trade has
been much affected. In aces and embroiderles
they remarked that little was doing, though they had
made the same reductions In every quality.
H. ONeill 81 Co. VI Nos 39 and $40 bixthave., eIcu-
siye dealers In millinery goods and trimmings In
TO the question, stated that they selling
adopted strictly cash basis. Fortunately for them,
their stock hand selected at medium rates and
they only repenishng us circumstances actually
required stu there was reason for this great re-
duotion In the prcelist goods could DO bought
at wholesale at much lower rates than before tho panic
this II could hardly DO expected that there would
be any material advance In retail prices for time
They would perfectly satisfied IL business continual
it is for Notwithstanding the low rates Large and
ready sales for cash made ample amends
Miss Ella NJ. Bamber dealer in millinery Roods and
trimmings at No AL SIKH ave. stated that owing TO tho
unusually pleasant weather ana lne their bnaines,
was almost at u standstLL Within the past two or
three days. with tho coming OF cold weather there had
been sonic improvement. Little reduction In prioes
could be made without actual oss most OF tue trade