, 1873-10-11
CHICAGO SATURDAY, H. 1878

hnvo passed. through is not long fot by them.
After a1t, tho panic seemed to affect only tho
larger institutions Of tho country, the batlks
anu bankors. Tho credit Of our merchants did
not Hlifer during tho trouble.
J. Aoporter-Then you arc quito satisfied with
the present Btato Of affAtra md tho prospect?
ar. spragno-I aln moro than satiBlea, II am
Nil. BARNARD.
Tho noxt l,ouHo yiBitod was also In tho whole
salo grocery lino tho establishment OF Tranklin
McVoagh T. Co. IIoro Mr. Barnard, q mon,bor
o. tho firm, na he was roady to supply any III
sno,s Sn t tie rcportor9 pump wss
tory results: MIR. Dannnrd considered that trato
had got baclt Just whoro 1t would havo boon at
tho present time l,a.l no pa,,io occurred. Dtsi-
noss % could hardly be better than 1t Inns been
THIS pleasant atato Of affairs to tho Exposition.
uo considered 1t tho natural courao of ovonts,
The Jnbioo ho thought did moro for Wholesale
business than tho Exposition, which was doing
business of tho city. He thought Chcago Ind
mover before Boon as good trade aB that she was
enjoying nt the commencement Of tho bank
panic. business at tho present timo ia
21o 2eaf aa S0oa Il as ,han. n tho a. mS qat
much hottor. Ho complained OF tho country
'bankerH, some Of whom, ho Raid aro holding
hack colloctions, giving as their REASONS for 80
doing TINT Chicago. baukors arc hanglng On to
monoy TINT comoa in thc'r possession, and they
intend dong tho same. As clnss, tic country
grocery merchants aro vol tixod. They do 4
safe. comfortable business, and aro very prompt
payers. They haye got into. good habits In
tranaacting their business, md 1t would tnko
moro thau the recent occurrence to disturb tho
oven tonor Of their way. Ho expressed himself
aa we'll satisfied With tho present condition OF
affnfrB.
showed that tho general opinion Of tho grocors
with regard to tho aspect Of things comedies prot
ty thoroughly with theirs. An interview with tile
firm firm Of g Il. Fargo l. Co. shows how thoy look
Reporter-How ia the boot and Bhoo trade pro-
s'MsIs'"i Mr: fargo-wo aro worry busy, which
may partially bo duo to the Exposition. All
domand for goods. Last wook WIS tho best Of
tho year.
Reporter is very happy condition Of
things so soon after tho la:e pai,io.
Nlr. Fargo-lt iB. Another thing which gives
an impetus to our tralo is tho fact that hthorto,
Mt this time Of ycar, thcro has invariably boon
on hand, In the country, large supply OF mons
heavy boots. This was not tho caao this year.
Neporter--How do you find businoss aH COM
pared with that being done before the panic :
Mr. Fargo-pcople WHO held of buying during
tho panio seem to think all trouble il oyer, and
are buying freely. Collections arc coming In a.
woll as ever they u1d. ono effect Of tho panic is
TINT country merchants are buying moro caro-
fully. Tho trade, altogether ia 10 better shape
now than year ago: a healthy feeling of con-
Horvats!n is prevailing which, if 1t lasts, will
rendor tho panic boon rathor than otherwise.
Noporter--1Iow was the ante-panio trade na
compared with that Of lust ycar2
Mr. Fargo-Be1ore the panic trade WnB ahead
Of lust years.
Koportor-And now
Mr. Fnrgo-Now it IL aa good az before the
pnnio. stocks generally aro lighter than year
ago, Collections just now arc fair, not what
they weroa ysar since, but, as whole, the colln-
try merchantH arc not as much behind ~ might
DO anticipated because just before tho panic col
lectfons were particularly good.
Heportor-Whnt do you think Of things gem
orally. at present
hlr: targo-l am very we'll satisfied with tho
position. Ihlngs aro worklng into worry satis-
factory condition.
an interview with 4 member Of tho boot aud
shoo manufacturing 1lEn OF U. n. Henderson Il
20. was rewarded with the Intelligence that trade
IL as good )uat now al could havo beon antlcipat
cd before the panic. Customers haye continued
paying US we'll "a over, even during tho pauic and
when they got the money which must soon como to
them they Will pay oven better. Business be-
fore the panic was probably 20 per cent better
than ct present. Tho proBonce of tho EXPOSE
ton may havo good elect upon trade. Tho
present stnte OF trade III quite satisfactory.
IAe 1collng among
THE pnY GOODS MEN
fo f s;t ~ asy eqod ostaoshments N tue city