New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-09-05
DULLNESS IN THE FURNITURE TRADE.
At the establishment of Warren Ward q


DULLNESS IN THE FURNITURE TRADE.
At the establishment of Warren Ward q
Co. the reporter informed concerning the wholesale
furniture trade that had been VERY dull all Summer.
but little Improvement has now begun and though tho
Fall trade Is very backward thus far tolerable trade
hoped for before Winter IN There are yet few
buyers In town. and they give small orders, seeking
rather substantial than the most elegant styles OF
furniture The falling of In demand seems 70 be
general and not much in any one section
OF country than another. Retailers carrying light
stocks and manufacturers have hestated In production
There have been fe failures this year. but unless mat
ters mend there retailers and manufacturers toe
who must go under. The foreign trade, as well as the
domestic has been much reduced. this year. great
deal Of American furniture, in the main supplied by
New-York manufacturers, has been shipped to South
America and the West indies but since the crisis ship
ments have been very small It would seem that there
must be financial troubles South America well as in
this country because the Spring exports or furniture
only small percentage Of those Of last year.
there has very small quantity sent during the
Summer months. In wholesale prices there has been
general of about ten cent but on the cost
goods the has been considerably greater on
account of the diminished for them This house
has large stock on hand. having kept up manu-
featuring AVOID turning adrft the large number OF
men who have worked faithfully in the service OF the
the Summer with only short pauses for repairs until
fortnight ago, wheD as the firm felt that they had an
Overplus OF stock hand and stopped Work Tor two
weeks, arting az ain Monday morning.
AT the office OF j. 4. Allen * Co., at NOS le5 ana lT
frnnre extending over a great part OF the couutryt
stated that the Fall trade was mucn Oehlnuhabu'
though week there was little me- cOnslderaDlo
number OF buyers beng IN town. But they want less
luxurious furniture than before the crisis and are apt
are making a their regular rates Our Gus
toners complain OF great difficulty In making eoloc-
hutt ha ia
harvested Buyers say however that there appears
to be little money IN peoples hands ano @nat tney 10
have, New England dealer remarAed to-Gy,
they cling 70 If they expected 10 take IL WIN ihen
after There hope OF considerable activity later
IN the season, and this firm is expecting Fan trade
q good deal like their Spring trade, which ia Volume
of shipments equaled that OF 1873, but IN returns e
much below it, because the goods demanded were OF
lower grade and prices were weaker. Inc southern
trade il now mainly In the line OF cheap furniture and
tins house, which makes only the finer classes OF iurn
ture smaller Southern trade tnan some years ago.
The Western trade of New-York been
cut into by establishment Of furniture manufactures
in different parts OF the West These are increasing IN
humber and are beginning turn out excellent goods.
An agency for the sale of Western-Inade
lately opened IN New YORK, wnlcn seems nAe CAR
rying Goals to Newcastle indeed
MIR Ingersoll of the P0ttier stymus Manufacturing
Company, at Lexington-ave. aud Forty -nrst-st SAID
tuaU their establishments chiefly occupied with large
orders several OF which taken before the crisis
This Company take orders from all parts OF the country
for fitting building from top To bottom ana putting
In tine woodwork. tie bulk OF their business IN thai
line is however, In New-York There has been falling
Oft in this year, especially In small orders sncs
as range from 5000 but the contracts now ID
hand Viii keep the 500 men whom the Company employ
occupied until la the general wholesale trade IN
furniture Mr.. IngersOll remarked that there Is htts
life. Very few buyers have been III town yet, and
good many houses doing hardly anything; but, as 10
is yet early the greater part OF tue buyers do not
reach NewYork Till the MIDDLE or latter part OF septem-
Der 10 be confidently asserted that Fall tr1n>c
tons Will small present appearances Indicate.
Prices have declined 10 is cent although the cost
OF materials has fallen away very little. Wages are
per cent lower than last year.
The senior member of the firm OF Edward W. Baxter
SAID that there Is little STIR in the trade after the
utter dizziness OF the past two MONTHS but the prospect
is ANYTHING but bright for September, commonly the
month greatest activity. Buyers give smaller orders
than year want cheaper grades u goods, ana re-
dure modest prices for those AT the best there cannot
DO expected than threefOurths Of the volume OF
Fall trade there the before the panic
and at unremuneTdtye rates. The depression IN tue
trade seems 10 extend TO every part % the country
The want Of houses and other buildings has much
TO diminished demand for turEiture and the
exorbitant demands of wOrklngmen have been a great
embarra manufacturers. Now there great
many OF employ and there probably Will be
more idle before long, They compelled to aDite
something OF their requirements, bu wien brisk tines
return they will probably show themselves graspng
as before Manufacturers have been producing very
lightly and there have been few failures TINS year 10
either the Wholesale trade but IL Is To be feared
that there not u few TO come.