The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-02-24
A AND BUSINESS
DRY GOODS.
THE NEW YORK MARKET.

AhE NEW 4ORA arm
The spring trade is not yet opened, but
there are signs of activity. The New York
Bulletin of the 18th inst. reviews the situa-
ton thus: The past week developed only a
slight increase of activity with the commits
sion houses, and the volume of transactions
was not large in the aggregate amount. The
trade from all sections of the west, south
west and south was numerously represented
by prospective buyers, but most of them
evince1 q remarkable ~indisposition to oper-
ate beyond supplying their immediate re-
q~uirements. The condition of the market
for cotton goods is at least partially respon-
sible tor this lukewarmness on the part of
buyers. Many of them regard present prices
as not sufficiently tempting to induce heavy
operations, and some of the western iobbers
at least are prepared to await the probable
revision OF current rates, owing to their
liberal purchases when goods were lower
at the close of the last and beginning of
this year. and a considerable portion of
which is as yet undistributed. The jobbing
branches were generally quiet, although du-
ring the week the prevailing dizziness was
somewhat relieved by the greater activity
displayed by the jobbers doing a southern
trade. The aggregate distribution through
the medium of jobbers, however, compared
unfavorably even with the corresponding
week of last spring-an usually backward
ne-bu this is in a measure owing to
the changed character of the jobbing
business in the city. Agents are'now rams
acting that portion of the package trade
which was formerly usurped by jobbers, and
~relinquished by them as a sequence of the
panic. The inactivity of the general trade,
at a period of the season when 2 brisk de-
mand is naturally look for, has created
further irregularities in the method of con-
Quoting business. The lessons of the panic
are no longer needed, and buyers in good
credit find little difficulty in obtaining, in
many quarters, price concessions, or their
equivalent in extra time. or discounts on va
riuos descriptions of goods, while,the equivo-
cal practices of datinginvoices ahead, placing
goods son memorandum" &c, have meas
urably resumed their former sway.
IMPORTED DRY GOODS.
The volume of dry goods imports at this
port continues to decrease as compared with
last year, being as follows:
IMPORTS OF DRY GOODS FOR THE WEEK.
Thrown upon market..--~~ 5,lQ,S57 4,0S2,lS7
Entered for consumption. 3,Sl5,4S5 2,744,Il6
The entries for consumption during the
week exhibit, in a striking manner, the less
expensive character Of the goods being
placed on the market, as there has been
llLblO VI III ohlAlho6O vi foAdOo 6b ~
centres of production abroad. Last week
1888 packages of goods, valued at s., IA, 1l6,
were entered for consumption, against
9,152 packages, valued at SS,Sl5,4l5, in the
same week of 1873. The total number of
packages thrown upon the market during
the week Including Withdrawals from
warehouse) amounted to 1921, against
Ii, 472 last year, but the value this year was
actually S1.073.7 40 below that of last
year, despite the increased number
of packages The entries for ware
housing show an increase in manufactures
of wool and flax, as compared with
last year, but a decrease in cotton and silk
fabrics and miscellaneous dry goods. The
traffic of the week was spasmodic and irreg-
ulaI. There was a slight increase of activity
in a few departments, but the customary
briskness of the season was lacking, and the
aggregate distribution from first hands was
comparatively light and unimportant.
Dress fabrics moved slowly during the