New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-08-29
THE WHOLESALE CLOTHING TRADE.

THE WHOLESALE CLOIHlNG lhADE.
Edward Browning of the extensive firm OF
w. c. Browning & Co. remarked that the outlook for
sound Fall trade in clothing, fair in volume but not
large il pretty well defined The heaviest obDers from
the West and South have been in the city and made
most OF their purchases the smaller obbers and the
retail dealers will not appear in large numbers before
next week. The buyers who have invested thus far
have made reasonably extensive purchases but nave
shown cautious and moderate spirit. Nevertheless,
have not tended to the coarser grades
OF goods than in previous seasons. The demand
for clothing the agricultural sections OF the country
and especially the South and among the negroes has
shown steady progress toward finer classes Of goods,
and this tendency has not been done away with by the
results OF the panic. There have been larger number
Of buyers NewYork this year from Texas than In pre-
ceding seasons, including new firms. People seem TO
be migrating Texas frOm several States In South
Carolina and Georgia the condition OF things Is balm
the latter State crops have been injured by dr0uth
and they have sent few buyers. Louisiana has been
fairly represented and Mississippi in spite of her dis
turbed condition. has sent a small company OF pur-
chasers. The mining interest in Georgia and Alabama
has made something OF call for clothing, but in the
agricultural sections OF those states there IL nch de-
preston From extreme Western States hardly any
have yet appeared and the greater part OF
them go Chicago rather than to New York The
general trade clothing is about week later than last
wear aud does promise to be large two
ago Last August business was very Disk aud IL go con-
nued for little time after the panic set IN. and then
fell Hat. The cautious policy universally pursued has
put the trade on sound footing ana rev failures are
feared, but there mas Dten HaTuIy OF
growth of trade since S72 except perhaps In the South
to a small extent:
toner that he looked for no surplus or extrayagant
trade for healthy trade. up to the average In vol
ume and possibly little above II. As the trade OF this
firm in large measure the sale OF the hDest grades OF
clothing to retailers IN large cities the ac;y
are few clothing buyers in NewYOrk at present besides
obbers and retail dealers IN distant country trade II Is
EI' ana THOSE who have bonght have given fair
orders but have shown abundance OF caution and dis
elimination The plenty OF the crops IN the South and
there been other sectional troubles inspires
pectation Of many buyers yet To come. intending to
make considerable purchases but there Is
anticipate very large trade Caution has STAYED OFF the
pretty effectuai in that way Buyers fully as fine
goods they have wanted IN other years and this firm
DaSS, in their Stock as has been their custom but pr
cpally with the best domestic rather than foreign
sedng French and English the manufacture OF cloth
ing their quality having been vastly improved of late
tenance Of the demand for hghprced clothing is that
many men found reason in the effects OF the crisis
try goods instead Of the costly work OF
The experience of the firm of James Wilde, jr & Co.,
as detailed by Mr. Wilde shows that there numerous
have only just come and are looking about before pur
Wise showing Caution from their numbers, however.
and from what they say and from the expectation OF
OF hers to follow, fair Autumn trade Is looked for,
except In sections like Arkansas, where drouth or
other causes have caused depression. THIS house
e ess not because the G@ think
advisable exercise greater caution In giving credits
for the reason. they state that little money has
been made the clothing trade throughout the country
for months This lack OF profit they consider to
dealers have kept their stocks so low and guarded
their transactions so diligently that they may pull
bought before the crisis The people who have been
wearing nice clothes determined to still keep up a
were last August with slight reductions some lines
The Southern trade will undoubtedly be larger thus Fall
IN general win not be fairly started TIL Sep,
TENDER opens. Orders by telegraph. without visits
from buyers are becoming moro numerous yearly.
From j. b. Van wagenen of the firm OF Carhart. Whit
ford Co. obtained the opinion that In the
s epS sb sE2 Tssr weeks DsSG
buyers in town. but they hesitate before investing,
and the early trade will probably be light for that
reason Jobbers and retailers not willing to any
risks this year, having been warned by unfortunate
perence for three four in which they bought
freely in August and early Autumn and by Oct some
thing happened derange their calculations. This year
there hope OF good crops in the South and West but
and dealers feel that they be OF ground
before making anything but the lightest purchases.
they have carrying very light stocks for months
but they will not replenish largely till they confident
that they can dispose of the goods to advantage.
up by the lst of January next. said Mr. Van
Wagpnen think the returns will be found pretty good
was only an average year Ths arm has not made ready
so large stock as usual. and has put uncommon
stringency on credits. We don't care to open new ac
hasten their buying. Yet there is hardly reason to
moderate that generally speaking they have few back
TO make up. But In some parts of the
try they have been SO hardly used for long time that
bams for instance traders have had three bad
in Prices show small variation from those
cessons to force trade As TO the character goods
the effects OF the crisis have altered the
people finding that the best goods the cheapest
after all.