New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-15
THE HAY TRADE.
TlIs BUSINESS COMPARATIVELY LITTLE AFFECTED
RY TILE EINANCIAL DEPRESsION.

Ills BUSINESS COMPARATIVELY LITTLE AttECIED
by THE FINANCIAL DEPRESSION.
The wholesale hay trade, which is pnnci-
pay in the hands Of few firms, has become centored
within the last few years, at Thrty-fourth-st. and
Elevonth-aye, opposite Manhattan Market. Here lie
landed the greater portion of the hay consumed in and
shipped from this CITY, The business seems compare
lively little affected by the general depression. OIL Will
sey Co. say that the receipts OF hay at this time
about onc-hird lighter than they two weeks ago,
although apparently equal to the present demand The
price Of the best quality is little lower, varying
from s. TO 81 40 hundred, from $40 to SIS
a ton there being at present inquiry for
shipping grades. The average receipts at this
market about tons dayabout threef0urths Of
al that is consumed in this city and Brooklyn. The
business gives employment for about 600 men, whose
averages are 81 o day for teamsters and hay rollers
Of whom have been discharged account OF the
financial depression. Wisey & Co. believe that the
market will improve during the remainder of this month
that prices will range trfe higher and that there Will
be- . uniform market during the Winter The business
somewhat depressed from the scarcity of currency
ana the diffculty OF making collections. They say
among the dealere, and all are seemingly doing
safe business. They complain that there
the hay trade aud that many shippers experience great
disadvantage from not knowing the different grades OF
queuty paw either price for miscellaneous lots,
make difference OF only 81 or 81 ton This is usually
time the dealers expecting their harvest, and
trade is now little or no better than during the
summer, the dullest season OF the year.
William Afleck Co. report that they have on hand
hay than they had last year while in the market
generally there is so per cent less. The price Of the
prime quality 81 so against 81 65d 70 at this time
year and the price 81 ton more than before the
panic This firm say they are doing about the same
amount OF business they did year ago, but that col
iections rather slow.
Stall that business is dull. 10 usually IL
at this Of the yeartne Winter being their busiest
that II is good two months
Prime they report at 81 co. against 81 40 last year at
this time Rye straw quoted at 81 49, against IS cents
a year ago They say that farmers are now holding
back their supplies; that they ask $40 to SIS, while it
-hOuld bought for $l4 10 $50. Their supplies come
from Duchcss County and alODgthe line OF the New
York Central Railroad, and some from Illinois, They
report collections good as ever
w. j. Holmes d co. report prime hay at 81 40, against
20 last year this time, and that IL shows slight
falling or in price since the panic began. They state
that they doing twice much business they were
D year
j. Frazeo & Co. say the demaud is not good as at
this period last year Prime hay, which then sell
for 81 so and 81 co. is bringing now VI 40 to so rye
straw which brings 30 IS cents sold then for 81 10
.Os1 se Collections, they say, are rather slow. Their
supplies come from Boston. Montreal, and along the
sog-lOrk Central Railroad. They think the demand
ought 20 be good from till the close Of navigation
but the business Is naturally uctuatngfar
enc aud dull the nextbut that their sales not
ser.Ously aIt Cted by the panic.