, 1875-03-08


nesa at a'!. tho only sign Of depression being
that raised BY speculatora in Vail sttcet for liz
| purpose ot influencing stockb. Tho trade ii tho
house during tho latter portion Of last year was
much better than maoy would have o1rocted
under the outcry thst had been raiaej. ati tho
collections had batn excellent. Tia January
trade Of thih year VAS very good indeed and tho
apftnR trade had oponed With encouraging xigor.
great dc'naud. which was far In c1cess Of tho
supply, ttln mi1Is having orders for thirty ]avs
ahe.d. Tho demand for foreign goods had
not been no grcnt In consequence OF tho 1uc.
diBtr1lst would soon ba removed, and = steady
trado be induced. 1'uyera wero making purc.,aaeb
with care, and only buying What they felt theY
lad noed Of, bnt "a the old stock had boen to !
very 'arge e1tont cleared out. rho bills Of goods
1ro consequently large. and encouraging. 4
large number Of reputable country dealers were
In town, and The Irresponsible buyers Ind bcop
got I'D OF. The regular dexlera wcIo therefore
greatly encouraged Ia making purchases in tho
hops that fair profits would bo realized, and that
their bnainfHs would not DO Injured ly the action
Of mushroom operators.
4 large jobbsug-l,ouxo In tho ccntro Of tho
"drg goods district" reported very hopeful
state Of aflalrs. Tho spring trade, sa far as de-
ve!oped, lad bsan very good. and the settlement M int
OF MS last years. accounts had shown a morn
aolid bnsls for bustnees. Tho buyers wcro not
worry speculative. but ~ out-of-to~n stocks xera
generally low. ths purchases, although carefully
!
tic goodH had created trade tlioroin, and buyers
were purchasing freely, often in advance Of tho
stock % baud. A lull hsd taken place IN foreign
goods; for under tho belief tllat tho high price
hsd been crcasod from tho fear shat tho rate Of
premium might bo reduced before tho goods
could be Disposed OF, and 4 fall take place In
prices. It WAS believed that this dstrust was
not 1ustit!ed. and that. beforo = yczy long tImo
elapsod, tho demand for foreign goods would bo
Increased to legitimate amount. It WAS net
exncctcd that many reckless purchases would 10
made but, instead. = susy steady, healthy buHi-
neaa would DO transacted during tho present
spring. Tho Irresponsible dealers bad been
driven out TO groat oxtcnt during last summer.
and honest dealeta ll8d 4 better chauce Of traus-
acting bus1oosa without the danger Of some ut.
known pcrsoa undertaking i'll tue Immediate
vicinity.
v1Ews or pRonrcz MERCHANTS.
The feeling among tho produce dealers ia ono
OF encouraging hopafuIuess, ~ tho opening Of
SPRING has brought rorivEl Of business, aud
caused many artlclos Of tratlo to move that had
was said to hare beon caused principally By in
padimcuta to navigation iu tic ha;bor and not
BY any actuet depression OF business and now
thss TIE haFbor is freed li7e1y export trade Ia
David Dows, Of David Dovs l. Co., grain
dealers At No. 20 South stroot said that tho
prospects Of = good export tsalo ihiH ep.,nr
were encouraging; The domard from abroad
Hoaa0 W very 4A!Tt GApGclAlf30 30r Cofu REu Erain
and a. there was good supply In the hAs,da of
farmers, and comparatively little stoc. iu this
city, that trade aons would sot o:hcr things ii,
notion. The farmers Lad done sell on hoca
mud the demand for lard 1as good. With tho
railroads bringing tho grain to marriott ut = low
rate for freight, and With ateady oxpost. ho
SAT- no reason for any depression Of feeling, TIC
pEico for wheat would not be high, but ho be-
AeTed = market could bo found for 1t at fair
rAtn.
Armour. r1ankinton { Co., producc-dealcss In
Broad Btrect, sa!d tho spring trado had upcnod
well for produce, and M encouraging demand
for export mas made. They had no fear ~ to
tho result Of tho trade. from tho present out
look, although 0 dull ttmo had lately been fut
because tho harbor had boen cholscd With ice.
Franklin Edison. Presi ant at the Produce E1-
change, said that tho expUrt trade during spring
for corn, barley, oats, ETC.. would be very good
aud tho prospects wefu worry encouraging. Al
several European countries Ind had D very
largo whest-csop. the prices for wheat must nec-
essArilJ range low II tue American farmers c1.
pectcd to compete with other nations for tho
market OF tho world. II tic farmers uoro d.
termtnsa to hold back their wheat, they would
find that, instead OF being gamers by tho opcra-
ttonE, they would really be losors. Taking tho
whole prospects Of tho produce ttado for tho
spring At = glance, ho felt convinced that they
had healthy look.
The general reports Of tho dairy nroduce
deaorB wore that brisk revival of the trn4o lid
beou felt during tho past week, although prices
Toro not 10 htgh ~ they bad beou last fail, It
was too ehriy to form any correct Judgment Of
tae spring ttale, or even OF ita prospects.