New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-09-05

the ranks of the unemployed will be swelled by ex-
tensive accessons from the furniture shops.
STATEMENTS OF WHOLESALE GROCERS.
L. b. Thurber of the firm of III. X. Thurber
Co.. whose business goes to every State and Territory
in the Union remarked with regard to the wholesale Fall
trade in groceries that buyers were purchasing in
prudent and conservative spirit Enough OF them had
come tho city with orders OF fair size to make good
trade confined to distribution for legitimate consump-
tion There speculative attempts, and no dealers
are laying in very heavy stocks. No section shows
marked embarrassment in this trade so far as the e1
perence of this firm goes trade appearing to be more
healthy because carried with more caution than in
more active There have been fewer failures
this year the grocery trade said Mr. Thurber than
during any Of several years preceding, and the firm
has lost less that In the past six months than
in the corresponding period OF last year. 80 far as see
there has been much falling off in the number OF
buyers hitherto as compared with last year; and while
they rather shun fancy goods at fancy prices which
could sold In other seasons there Is no special ten
dency Of orders to cheap goods Good goods sell pretty
we'll and at prices about the those OF year ago.
fairly encouraging volume OF trade may Justly be ex
pected, though there is lack Of the veness known In
speculative While prices in general have not
varied those of last August, there has been
fall of about IS per cent in coees. Nearly two years
ago few large houses combined to control the coffee
market and by creating artificial scarcity they sent
I'D prices so and rs per cent above their real value but
this years crop too heavy for them to control Mr.
Thurber remarked in conclusion that the recent increase
In the business facilities Of his firm might have kept
trade with them than with other firms, and other
large Wholesale houses might take somewhat less
favorable view Of the situation.
Henry Welsh, at Westinghouse and Frankllnst, also
does very large general trade In groceries In all
tions OF the country. Mr.. Welsh stated that his
house had doing prosperous business, but from
Wallc of xuhn hQh hon
and from he learned from the experience OF other
wholesale grocers he led to conclude that there
buyers In town than wont to be here at this
time and that very cautious policy Is shown by them.
There is apparent expectation OF good crops throughout
the West but merchants are inclined to hold back till
they are there will be serious disasters to the
wheat and corn and till they confident that they
can sell all that they buy They disappointed, too,
that lower prices do not prevail All of them have been
carrying very light stocks. due partly perhaps TO the
fact that they had not money enough on hand TO take
large stock and don't think that they have money
enough buy very heavy stocks this Fall, until the
crops are harvested The Southern trade s improving
yearly-except in seasons when tho crops sufer-be-
cause Of the tendency to plant and not to de-
pend so entirely for their food the product Of the
sale OF the cotton CROP II the crops not hurt there
Will not improbaby be squirt Of business activity for
week two later In the season, with buying from the
South and West but 1t likely that most mer
chants instead OF making large purchases at once suf
cient to keep them supplied for months, will purchase
I'm smaller quantities from time to time they require for
immediate consumption. Mr. Welsh also declared that
there had few failures among grocers this
account OF caution Of the retailers and the strp
gency OF the wholesale houses in giving credits.
Moore, jenkins & Co., at West Broadway and Frank
Inst, do large Southern trade in groceries The
senior member OF the firm told quesoner that In July
and up to August 10th there confident expectations
shal
gave excellent promise. Since then drouth mas
the tobacco and injured cotton good deal
in several sections. In Kentucky there Will be only
small percentage OF the average tobacco crop while the
growing section OF Tennessee and the Virginia
crop are heavily impaired. or the prospect for
selling groceries in those States Is seriously affected.
The Caroinas do not seem To be much damaged by the
drouth, aud from them, and from Texas, Georgia and
OF great volume The Southern trade late, and there
are not buyers In town as Is usual at this time.
There may DO some activity late IN the season. Men
must and drink and II dealers don't buy groceries
one day they must at another. Not many failures are
feared for the trade Is much sounder than t two
three years ago The weak dealers and the shysters"
have been weeded out 10 considerable extent,
and class OF men come " New York To buy than
came formerly. They do prudent business, and VIII
not buy unless they their way clear TO paying for
what they buy.
Carhart Brother at No 50 Park place. also do an ex.
tensve Southern business member OF the firm
claimed that number OF their buyers thus far In Fall
transactions had been about up to the standard OF
year and that they have represented better class
OF and healthier trade than IN other years.
While there have been few failures this year the
ton In the OF extended time In Texas the trade
has increased both In the number OF buyers and tho
Of their orders, but there has been falling OF
In Alabama " counterpalhnGa t6ls u Msassipp tue