Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1875-03-17
BUSINESS PEICING.

Our exchanges in the larger cities speak with
cheerfulness of the prospect of a revival of bust
ness The New York Herald says;
| "All the indications point to cheerful spring
with fine business prospects and energy in trade
| The long winter is breaking, our people are re.
covering from the prostrating effects OF the panic
There is much activity in commercial circles. The
farmers are preparing for their crops: In every
branch Of industry and commerce we have cheer.
full signs 1t is time that this long strike as il
were, this long season Of depression, should come
| to an end. And there is no reason why it should
not end. All we want is energy, patience and
| confidence"
| The Boston Globe says
1.-The indications on all sides are that the gen
eral trade Of Boston is much better than it was
year ago this time, and that no doubt with the DIS
appearance of the snow and the advent OF mild,
settled weather, our merchants will experience a
| fair spring trade. The general merchandise mar
| kets from week to week slow decided tenden-
| cy for the better
The New York Times says:
| There seems to be nothing wanting but a
change in the weather to bring about that revival
in trade for which all our business men have long
been signing. The general conditions OF the time
are favorably enough. Old stocks in the hands OF
country dealers must be getting pretty low, and
week Of sunshine would set most people to the
work of touching up their houses and replenishing
their wardrobes. The demand for houses and real
estate would certainly become more brisk. The
stock-market is rising, and, however much we may
sometimes abuse the stock-market, ii is generally
an unfailing barometer OF the state OF trade lhere
are no verv disqueting political events IN the I'M
mediate future-at least none that can be foreseen
There is evidently to be determined push made
| this spring to increase our trade with the PaclhC
Coast, and to develop the immense riches Of the
territory lying between the Missouri river and the
western seaboard, which is at least one good result
| &c tho papifr Mail Spandal.''
| The Tribune says
ment in the weather combine to produce the re-
vival in business which New York has beer
anxiously awaiting for SO many months. Whole
| sale jobbers and importers report better demanc
| than they have had at any time since the pane
The statements to this effect recently detailed II
the Tribune in interviews fromy large number
of the more promi mt mercantile houses, are con
| frmed on every ha nd by the testimony OF others
and by the experience Of the past week or two
There Is also a greater disposition to embark IL
new enterprises. 1t has taken period OF eighteen
months or two years after every previous panic to
get confidence restored, and induce people to ac-
cept any ordinary employment for their idle capi-
tai. The same period having elapsed now, It Is
found that capitalists become FESTIVE, and the
great plethora of money and the extraordinary
price Of Governments tend to stimulate specula-
tive ventures.
| The Chicago Tribune also reports revival OF
| business in the West.
"The farmer class are said TO be in an excellen
condition, feeling better than at any time within
two years Capitalists are much more ready te
loan money than they have been of late Differ
ent branches of business, such as cereals, provls-
ions, lumber, dry goods, groceries, boot and shoe
ETC., all give in good reports. If the wheels OF
trade in the great centres once more get in motion
with their wonted activity, as the opening spring
signs now indicate, busy and profitable season
NAV be confidently looked for"