The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1876-08-17
Business.

Business.
We have the high authority OF Shak-
Bpeare for saying that cit never yet did
hurt to lay down likelihoods, and forms
Ofhope." Accordingly, though not as
Suming to have any gilt of prophecy, nor
any special power OF forecasting the fu-
ture OF business, we deem it no intru-
sion upon the domains OF fate to "lay
down likelihoods" concerning the imme-
date future OF business in this country.
And in doing so, we teel warranted, by
legitimate circumstantial evidence, in
assuming ''forms of hope"
Among the first items of this evidence,
and certainly not the least important, is
the fact, now we'll determined, that the
agricultural products Of the country are
most abundant. One of the most intelli-
gent farmers OF Hamilton County recent
ly stated to us that, in all his life,
mostly spent in the Miami Valley, he
had never known such abundant
crops as the present year has here pro-
duced. This bountiful production is
found in every other section. From
Texas to Maine, from Florida to Oregon,
fat fields have made plethoric the gar
ners and cribs of the farmers. Such a
harvest Of grain and grass, of tobacco
and cotton, of potatoes and corn, OF
fruits and vegetables, has seldom if ever
before been gathered in any land beneath
the sun. This unwonted abundance Of
Rll the staples of lite and sources o.
wealth can not fail to give a favorable
Impetus to every department of trade.
Under such an impulse, revival OF
activity in business seems to be in.
evitable.
1t can not be expected, however, that
business will Immediately start into that
feVerish activity which was character
istic OF ante-panic times. Nor is it de-
sirable that it should. The revival may
be gradual and more moderate, but it
will also be more healthful and perma-
nent.
Already are the indications of this
coming activity perceived and felt in
the great commercial cities of the East.
A Boston paper of recent date says, las
autumn approaches the business situa-
tion begin to revive, and the outlook is
really quite encouraging. We expect to
realize fair trade during the autumn
months. Dry goods and boots and shoes
have taken decided start, and the man
ufacturers OF cotton and wooden goods
are quite generally starting up their
machinery, which has been idle for
months"
Similar views are expressed in regard
to the business of other cities. Recent
sales of textile goods in New York by
general auction have settled prices in
that line, so that the trade is satisfied
that no further shrinkage can be feared; /;
and buyers are consequently more nu-
merous and liberal in their orders. 1t is
Rscertained that the supply of cotton
goods is now below the minimum de-
mand of any season for the last ten
years; and country dealers are but light
ly supplied.
Woolen goods are also short of the
usual supply. Wool is consequently
sought for by manufacturers with un-
common activity. Within five weeks
past nearly seventeen millions of pounds
were sold to Boston manufacturers
alone. This unquestionably means bust
ness. Meanwhile our foreign exports
are, increasing in amount TO a most
promising degree. Since the first OF
January, the exports of our raw mate
rial and manufactured commodities from
Boston only foot up $4,000, 900; and an
other regular weekly steamship line has
been added in order to meet the demand
for transportation.
These facts, and many others of like
import that might be cited as Indications
from other cities, certainly warrant us
In the conclusion that the business out.
look is replete with 'lormS of hope" for
The approaching autumn.