The New York herald., 1873-11-09
BUSINESS IN OHIO

The Want OF Money to Transport Mer-
ehandasc- -Fa7iure OF the Musical
Season ana the Cause-Hcavy Opera
tions In Dry Goods at Panic Prices.
CINCINNATI, Nov. s, 1873.
The worst feature that has yet appeared in the
mercantile community, showing the stringency
Of the times, the inability OF shippers TO either
pay freight upon goods or drayage TO or from the
railroad depots or the river which at this time is
at gooa stage Tor navigation. There is nearly half
milhon dollars worth OF merchandise lying at the
ra1roaa d-pots now, some or 1t coming
and some OF ~ going away, which
cannot absolutely be stmoyed for want Of
money. Tae railroads VIII not forward II on
credit or take chances Tor lreighage, the master
draymen cannot feed horses and pay drivers with
nothing, and the result Is as stated above. With
regard to the arrivals OF freight it may be said
that much OF it Is not the kind for instantaneous
use, and would therefore lie in depots until really
needed, that within the limit o. railroad freight
storage; but 1t Is in the freight composed OF STUFF
In daily demand that the stagnation noticed Is TO
be seen. And tins condition obtains all along the
various lines centring here or tributary 10 the
commerce OF the city. None OF the roads are do
ing much forwarding. Tie freight de-
pots, side tracks and switches make q big
show OF empty cars, and great many railroad
hands are thrown out OF employment In coAse-
quence. About month ago IL was seriously con-
tempiated by the railroad companies 70 withdraw
their track laDOrers or cut down the number to
hail the usual force; but
NOTE OF WARNING
was sounded IN the suggestion that that policy
would prove suicidal by letting the tracks run down
and leaving them to the mercy OF circumstances,
which are easily guessed when Management and
care are Withdrawn from railroad. There was
Also an ugl, growl heard from the men employ ed
on the roads in case they were thrown out OF EN-
Payment lust as winter Is coming on, winch closes
out many, II not all, otner sources oil outdoor
work the men who work for daily bread. me
IDEA Oi abandonment is worse 10 tnat class tnan
half pay or no pay At all Tor with deness comes
AM the demons OF Observation-Disclosures, theit and
worse crmes against society. Inc very instinct OF
lap0r has a SAVIOR Oi heaven in 1t, and honest men
move under It's Impulse. Tney icei that as long
as their employers give them work there IS
some hing to I've for, something 10 hope ior,
but when that ID cut on they have no recourse,
nothing to iall back upon, and then mischief be-
There might be pictures drawn OF groups OF idle
men lOunging around the little railroad depotS
along The various routes u travel; men standing
on the street corners ana loading in the whiskey
cuFslNo TIE HARD TINES
and the scarcity OF money ana the want oil work
and all that sort oil tang; uut such pictures are
not required; the reality presents tsel ON AL sides
and no one can help seeing II.
Tne condition OF analrs IN this city to-day is not
30 bad as the constitutional growers would have
1t, but 1t is bad enough. There IL great shrink
age oi values in dry goods on Pearl street.-the
great wholesale street--whcn must tell heavily on
tue stocs on nand. The sales since the panic have
necessarily been limited; but At IS also true that
be ore 1t struck the community the iall business
was pretty much over. lnefe has been great
loss on Old stocks OF PROVISIONS, pa ty produced
by the fal OF IN the Southern demand on account
oi the epidemic. This, however, has had q favor
packers aud uealers a chaHce 10 get aogs at low
prices thereby tn owing the loss on the producers
done are % but was ia
Bervatlve way. Collections were sood. Ihe houses
were not heavily stocked wnen The panic camo
and therefore the stoci Of leading staples was low
INV BANKS
worked more easily TO-DAY and the payments oil
maturing bills were more prompt, that IL in the
regolar banking bus ness. ihcre Is world for re-
nectiun upun the weakness and folly i'll human
natare N the enormous rush o n,s Snsness IN sne se
FIRST pace the leaenc re all houses have be II IN
duIglng III some extravaqant advertising, not only
as 10 the quantl Dutin The qualty VI the wOrdy at
fractions, ana they have lived up 20 the cxtravagant
promises. Great sacrifices have been made, and
the consequence is tnat the stores are crowded
with LADIES' from morning tiii night; the dashng
delivery wagons arc on the 80 constantly and
O Dadiestick.o
In the eeucral complaint about the stringency
THE srAGNATIoN or BUSINESS
and the scarcity Of money, one is astonshed TO
see how muca tine darhngs whose husbands or
fathers are loudest In complaints can shell out
Tor splendid silks ana lovely laces, regard
less ali the wnile bless their hearts, Of
the terrible comparisons and differences made
In the minds oI observers ana tatJlers the other
s.de oil the counters, or next door to themselves,
when the bulky packages are sent home. But
with all this there Is an economy Tor wnen women
turn economists they are the best IN The orld,
and to their credit this time be IL said they have
not punished their lorus and masters beyond
durance. for while gong in very teavily on the
bank account Tor dry goods bills, they have made
no demands at all on the score 0i music and the
drama.
THE MUSICAL SEASON
Thus far has been runous Thomas went away
disgusted and more empty IN pocket thah he came.
LuCca will not brave a similar tate, and Kellogg Is
taking the poor chances. The money Tor opera
has gone into tue pockets OF the dry goods men.
Tue time now comes Ior wondering how the dry
goods men can stand it---nOt the stream into their
pockets, but the enormous sacrifices OF stock that
produces 1t. VIII there not come day OF reckon
Ing with the importers and big houses In New
York when supply our dealers Are they Iuly
aware OF
THE WAY THINGS ARE GONG2
or Is II possible hat tncy are In cooperation with
our ietaiers to hood the country with the finest
iaOrics ana the most elegant man uactures at aDso-
luteiy panic pricesY One OF our largest dealers
SAD today that he bought big lot OF dry goods In
new YORK last week I0r sixty PEI cent OIL net
prices Tor cash. lf that Is all rIghi there 1t s all
r,eht here; and, Judging from the rush today,
there ~ plenty OF room for more extensive
operations.
The FEELING IN INDIANAPOLIS