New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-30
ALCOHOL AND REFINED PETROLEUM.

ALCOHOL AND REFINED PEIHOLEt j.
TWO TRADES THAT ARE NOT GREATLY AFFECTED
by THE OBSERVATION-DISCLOSURES And DEALERS
HOPEFUL
Inquiries made yesterday among leading
rectIfers and dIstiIlers of alcohol and liquors and
among refners Of petroleum elected the fact that this
class a. manufacturers feeling the present financial
depression less than those Of any other considerable
branch Of trade. The trade IN distilled liquors was
never better, according TO data obtained by TRIBUNE
reportor and the fact is brought prominently 70 view
that the monetary strngcocY has little or no influence
upon the drinking habits Of the people
J. H. Cuthbert Co., recters OF alcohol cologne, spr-
it, &C. Of Nos sc and 80 Burng-slip have recfying
capacity OF 5000 gallons per day, and are working full
force OF men upon full time. They report falling OF
I'm trade except small percentage occasoned by their
own cauon with gard 20 extending credits as hereto
fore their present orders being largely In excess OF
stock on hand. Their western and Southern trade has
been the source OF anxiety IN the matter OF coec-
uous but as yet not single draft has been returned
from those sections They have idea Of reducing
their working force at present, and although expecting
some duness in trade tho coming Winter. will keep all
of their men mt work IN anticipation OF tho Spring trade
Their only ia that IL the suspension OF manu-
factories in other Of trade becomes general it VIII
cause depression in the sale OF alcohol and hne Spirits
because these commodities largely used for manu-
featuring and pharmaceutical purposes.
Ioh Tracy and Co. OF No Is Beaycrst In the same
line OF business and give especial attention to the dis
tlation OF liquors They are entirely satisfied with
business prospects, have experienced no falling
oa In trade and behind in filling orders already re-
celyed They also find collections much better than
onld ne have had drafts dishonored and an
tcpate no difficulty between themselves ana their GUS
,ers The only appreelabe effect OF the panic upon their
hsiess il An apparent disposition on the part OF Gus
toners 20 demand longer credits than usual and con
scount necessity the part OF the hrm 10 discriminate
in the matter OF credit transactions
Griffith Curtis a Co., secthers and Wholesale liquor
dealers Of No 10 Beayers have all the business they
can do and feel effect OF the financial disturbance
exeept An seeming necessity for giving longer credits
than formerly but this is scarcely apprecisbe as their
husnes B 90 nearly q cash basis that credits are not
burdepsome This firm did not find so easT, however
10 balance country accounts many notes having been re-
turned They will discharge workmeD this Winter,
n being their Intention TO keep their whole fore on hand
| whether business be dull or prosperous.
Messrs. W. G. r. Gregory. rerners Of petroleum
and dealers IN naval at No 125 MdeAane think
that the financial disturbances have not yet had any
considerable effect upon their line OF trade, from the
fact that the exports OF oil for the months of September
October and November will be mostly from stock which
s generally contracted for In advance Of the shipping
season This will most OF the large transactions
up 10 the closing Of the Fall trade that depression
| may be expected except In the local trade,
amount Of foreign shipments II the export de-
mand. however should fall of there viii be reduction
Ia prices. the reduction must necessarily be small
AZ petroleum Ia selling below the cost OF nroducton
and the only prOt IL In the business OF re-
lining which margin not affected by rise fall IN
The price OF the crude OIL This nrm declare that the
refining business Ia healthier condition than
now tIst collections entirely satisfactory aud that
they have tu to mud with any present aspect OF he
oil refining business. They predict depreciation VI 2,
per cent In spirits OF turpenne and rosb. They VIII
| discharge no wOrkmen this Winter.
Charles Pratt Go. OF No l0s Fulton ST., renners OF
petroleIn and manufacturers OF Pratts astral oil. EN-
poy 900 whom they intend 20 keep At work fhis
Winter whatever phase may be assumed bv business Az
present they feel III effect from the hnspasl dfoui
lies although they expect that the Winter trade Will be
dulIer than that Of former years The local TRADE IN
their speciality has fallen of about 40 cent and the
souIberu and South Western trade has also fallen ON
some what because OF difficulty In procuring exehange
The general oil trade be said 10 % even better THAN
ANAL because of tho disposition Of buyers % sccuAu
late unusually LARGE stocks ~ view Of the ow pricet no"
|