New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-30
EFFECT ON THE TRADES.
THE HARDWARE TRADE.

Mr.. Ernst Hilger of the firm of Hilger g.
sons large importers of hardware No 81 Chambersst,
stated that the panic had had percepbe influence
upou their trade; it had not as yet operated IN the
least disadvantageouy them the only particular IN
which any difference apparent was that customers
were perhaps ordering goods in smaller quantities, only
as needed immediate use but while not laying IN
large stocks they were purchasing more frequently, and
the average thus maintained III the matter Of col
lectons there was no change noticeable compared
with ordinary tunes.
MIR. Richard p BruI of the Russell & Erwin Manuiae-
turing Company, No. As Chambers-st one of the most
extensive hardware manufacturing establishments In
te country says that the panic has thus affected
only their local business in the city and vicinity. II any
influence has felt in the West aud South 1t IL not
vet apparent They think, however that II viii affect tho
general trade Of country from the fact that banks
in all directions may be obliged to suspend in conse-
ouence OF their inability meet the demands Of
their depostors. you cannot cripple the large
private banking Of New-York without it hens
felt in all parts Of the country, for they had thousands
of correspondents the only business OF many OF whom
was exchange on NewYOrk. These banks send 70 this
city for their Money the suspended houses cannot pay
it, the country banks compelled to refuse their
creditors, many of whom are depositors in small
amounts and the ramihcatons of the trouble wide
spread" ..,a.o,. uo,nr
c. VA. Schuyler. OF c. '. A. Schuyler Son, NO lol
Frontst stated that might be anticipated there was
Temporary depression In their business but not such
"a 10 excite particular comment He SAID 1t was the
general opinion this condition OF affairs would be
OF short duration, ana that inc ran o "ouIo Pio'e
unusually good.
Al Ives Beecher & Co.'S large importers, the same
opinion was expressed. Mr. Ives said the panic had
nroyed great check consumers were now ordering
goods sufficient only to meet their actual requirements
Ue exnected great reaction indeed business was
atUif Tho,
Win thp OupffOWn trade. Tne future seemed more
encouRa gng, and hO anticipated Disk Fan business.
The counry generally speaking, hau not Deen In better
condition during the past htcen years thah at present
Mr. Lane OF George W. Lane & Co., No. % Front-st.,
authenticated the above. He said he dealt almost e1-
cusiyey in teas and that this particular trade had been
Greatly depressed for year past There had been little
danreciatou in prices during the present excitement,
and n,.pess was gradually improving He looked for
ward 70 better condition OF affairs ana that quickly
willard c. Ward d Co., wholesale dealers IN foreign
trits etc stated that with them there had been
falling off In business during the past week OF ten days
lint little or no depreciation In prices. The indications
for the Fall business particularly good UP TO the
rasent time business had been very good. and they
looked forward to IA renewal OF trade very soon
Mr. huntington of Huntington Dorm, wholesale
0rocers No 100 Frontst, stated that there was little
change in their trade either in the city or the country
and the market had remained particularly steady IL
WAS 80 In the provision business geheraiJ'
Mr. Brush Of Brush q Co., No. IS Front-st, wholesale
said that the financial excitement had in no
w,.e Influenced their business, and the market re-
manned steady The crisis could not have occurred at
better time he said regarded the provision houses
for it was at when the stock on hand was very
The prospects OF Fall trade were very promising
Mr. Condit Of the firm Of Acker. Merrall q condt
Wholesale and retail grocers. at chsmbers-st and Col
said that their business had been somewhat
affected by the events of the past ten days September
was always duh month in the business and the last
week In the month was the poorest Tor retail trade ior
,n~ raason ,ha, so many persons were paid on the
drst Of the month, and bills also fell due
nbot that time IL In their large orders that the
Inss ar hnsncss was felt the most People cut down
their orders as "a precautionary measure IL was not