New-York tribune., 1874-04-15

activity In the late spring trade the weather has b"ns
so uDfavorabe TO early stockngup Retailers procure
enough for immediate consumption only but do not
seem TO think the public have grown too economical u
take the choicest clothing In the retail city trade there
is not 40 marked decline as In wholesale busne..,
probably not more than is per cent.
member OF the firm OF James wilde, jr., & Co. said
their business about 3 per cent less this thar
last Some other houses had suffered more There havs
not been many Southern buyers in NewYork and thoss
who have come have bought sparingy. Many Western
men have made their small prchases m Chicago aud
oe H. L'%s Who s S & oqy &
orders. Collcctions are slow; many merchants wan,
time accommodation. aud several Southern accounts
must be carried over uDtil FaL
THE GROCERY TRADE
II is matter of general testimony among dealers that
the disposition ecouomIze which attends aud follow,
times Of financial sringeacy is manifest In articles Of
Dress and other forms of outlay and more largely
than In restricting expenditures upon the table. The
general dulness OF last Fall Winter seriously
affected the wholesale gocers Their Spring trade has
position the part OF buyers 10 down their orders
for the choicest kinds OF goods which go for table lux
laying in large stocks tilI general business /.
of in the number OF buyers when the tardines.
OF the seasons activity s taken into account. except
that fewer orders are coming from the South. As retail
era In general have carried themselves cautiously
through the Winter. and have not been prone Of las
years TO lay IN larger stocks than they can bear there
are not many failures expected IN the country trade.
The wholesale firms use extra caution In giving credit
and. TO some extent country collections come In slowly
and with friction. Representatives, several important
houses, however, exrf.
csed with regard the rustworhness OF patrons that
they hnd no great trouble In securing what due them
The Older and more Independent firms have cut OF
larger number Of doubtful customers from this seasons
trade than for years before The city trade Is said 10 be
active aud pretty satisfactory.
The senior member OF the arm OF Woodru1, Spencer
Stout considers the pressure OF trade little Backward
and that there has been diminished demand for eI
ward freely now, and giving larger orders.
The importers of the costest groceries have In some
cases been heavy losers but ooth the whoiesale and
retail dealers have forward prudenty aud are not
taken much at disadvantage The pfo1ts IN who'esse
groceries are always small but have not been seriously
diminished this year.
Hepry Welsh. one Of the most considerable OF the
wholesale gr0c6rs OF NewYork, says that city trade
brisk and little inferior to that OF last season The
country sales have been backward and have tendeds
cOarser grades but IN all quarters the prospect I'M
proving Caution in giving credits has prevented much
trouble In collections by the wholesale dealers who do
not now expect many faiures In the country trade
There large number Of sueh failures Ia the highs
OF the PANE emu now ns t % ~ "a At,S aud ,S
in their sales there appeared very te fang Oh IN the
demand for the finest kinds Peop9 W,ui econ0mze IN
dress much sooner than IN tOon ne IOund cOlecuons
fairly easy his house had cut OIL shaky customer.
had not confined themselves 10 legitimate business. or
who weak thai they ought to have iaiad long
F. b. Tnurber OF II. X. Thurber & Co. SAID that fewer
buyers have from tine South and those who have
come have invested very cautiously. From the West
there falling off n numbers, but all over tho coun
try retailers avoid anything like speculation. ana take
every precaut0n TO protect themelyes In the uuoer
tanty as to financial basis VI trace. They meet then
obligations with reasonable prompthess, ana many iaf
The tea trade Is asserted in sound and healthy
condition. aud to display considerable aetVlty' haryy
Farrington OF H. & G. h. Farrlngton, who are large tea
dealers states that Is a good general demand.
The trade has been affected more or less by the general
ably Owing 10 recent large arrivals. the market he
fallen somewhat for green teas and ooongs, while in
strong for Japans In December ana January many 0
the large sales made aud at this time the country
trade sets In. IL Opens well this year, and, IN my
TcadrnSers will have plenty OF good 10 tight
times. Wholesale houses are cautious about Credits In
81. f..ga n
feeling throughout the trade which appears to be oa
sounder basis than for three or four years past during
which there have been number OF failures Oi weak
houses. Such houses forced ~ sell at demorazns
prices to realize money Tor the payment OF ndeStea
| ness and in this way broke down the market IAero
has been considerable clearing away OF sueh hOuses
leaving the trade on sarer footing. OsheT
| views Of Mr. Harrington.
DULLNEsS IN THE IRON TRADE.
Three OF the large iron works Of NewYOrk are pretv
we'll occupied with steamer contracts; some Others ma
partial work big jobs undertaken before the panic
but the general voice of the ron-masers of New-Yorh
speaks idleness in the present aud gloom In the near
future Tue prosration OF the building enterprise
which much of the iron industry OF this city depends
before the panic The raw material i5 comparatively
cheap, because there so light demand Tor l ana tu
| expected that IL will be kept down until Fall Coleo
| tions are reported TO be slow and difficult.
Secretary Reed OF the j. L. Mott Iron Works said that
because OF the extreme dulness III New-fOfk Dulidng
trades the demand for piping and other ronwork iof
buildings-of which this company are very extensive
mlkers-cOmes almost entirely from outside the city,
and is very small compared with last In the
call for iron ornaments such as gure etc. thee IS not
marked decline, because this comes from persods
OF wealth. who 1t may be supposed, were not embar-
rassed by the panic. The panic made the trade Ia
ana Winter, and the Mott Works, with other nanufae
turers have carried large stocks The Spring trade
there is not an unexpected late trade, it will be
wretched for workers in ron although raw mate
there is much difficulty in making collections. Dealers
who have been among the promptest before now wsni
time. There especial difficulty ia Chicago where two
three houses which have been considered safe have
recently gone down. They have been doing business 80
fast in Chicago, and building so RAPIDLY that IL Is hard
for them meet their OBLIGATIONS. In the South trade
very slow. Tue cotton from Texas and other states
has been ardy, and business languishes We are en-
! ploying as many men az before the panic, Dut u
because the range OF our manufacturing has been en-
j. B. Cornell of the firm Of J. B. J. NJ Cornell stated
le tbe IRON trade depeHdipe upon them very slack
There is also much less building IN progress throughout
the country Al this time there have been usually In
town large numbers OF iron from various parts oi
the country TO inquire, look about, discuss prospects
now employing OF the had before
the panic have not heard or any lronnastefs IN Tue
city who have restored the number OF their workmcD
which had been reduced on account Of the panic Raw
material Is from Is to Is cent cheaper than asl
viii be no revival Of activity before the Fail our nrn
finds serious difficulty IN collections, though some
patrons are slow. Lack Of orders is the main dnouV
AT the Morgan Iron Works the reporter told that
reductions in had 0een made since the
panic, OF contracts which 1t will take
| four or five months to complete. No new men rave
been TAKEN however. Iron working IN general IS very
dull and, outside OF the establishments engaged upon
steamer contracts fractional forces working AZ
time the rule. There isno Spring activity no nns
up with men, aud there 10 be prospect oi any
revival before Summer or Fall. The dullness Is due, ID
part the OF building, aud III part to the genera
| disarrangement VI business.
At the Excelsior Iron Works one-haf the number o.
! men who at work before the panic Is employea
at three-quarters time. These WORKS aepenu @ naiy y
upon building enterprises here, and the 2 y
that as there s little else than dwelling houses 10 ocn
sruction In the city, iron works are almost iu anu
don't expect much 10 do before Summer at earliest
ttha Aroh,t Iron WDr IL. there ara