The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-03
THE DRY GOODs TRADE.
Revival ~ Bu-iness Besur, ana n fros-
perons RnII rfnsen Indicated.

The prospects for the dry goods business
IN the coming season are more promising than
they were last year st this time. and the jObbine
trade already shows improvement. large
number Of Western merchants are In The city
OH their way to or from the Philadelphia Exhi-
bition. many OF whom have for the last six or
elsht years been In the habit OF buying stock In
Chicago and 81. Louis but this year they are
making large purchases m this city. The gene
raj tone Of the market has changed for the bet
ter, slight advauce has Deen established on
bleached cottons, the demand for cOlored cot
tons and alrUes has been steady, and the sales
OF wociIens for the past week have been active
An auction sale Of 1000 cases OF RIcamoDd
prints was m sde In order to ascertain what buy
ers were willing 10 give for new goods when sold
on short credit. Full market prices we're OBJ
tanned. Very few jobbers or retailers have this
year engaged In speculstiops except IN silks; the
retailers from the interior buying carefully to
supply the demand In the markets, either on
cash or ON very short credits. This, the whole
sale merchants regard as return TO q sound
trade.
In woonen goods the demand for foreign
cloths has greatly fallen OF. aud Is at prese ut
very weak, owing to the heavy import duties,
and the large stock OF domestic goods. The
larger houses have made no advance upon the
prices of silks, owing TO the large stock they
have on hdnd. but tue smaller aud retail houses
have already raised the prices from 10 GO 20 per
cent, aud are buying In anticipation OF still
higher rise. There are r. ports that the Chinese
SIX crop tuis year mas not been bad. and that
China will supply the dem nj for this material
In the Eirgpean market.
At Lord faylOr's MIR. Curtis, tho MANAGER,
said taat there are many strangers in the CITY
bu ing IlDeraly. southern aud western mer-
chants are already buying stock, aud retailers
from al parts Of the country are sendine or
dora la X4r a. Iluff M III.
ness men generally buying only 80 much az they
expect to dispose Of under tue present state Of
anairs. bis lie reg rds AZ good sign, and as
tneie Il PROMISE Of good crops. return TO a
healthy trade could he expected. WoOiens
are selling cheaper tnan las. year at this soa-
son, anu though tue demand Il steady IL ~ nOt
SO greatas to encourage raising of prices. The
nrm maintains their old prices ON silks, and are
content 10 ia Ike their usual protts on irger
sales than they would mike II prices advanced.
memoer of the arm Of IL. Is. Claim X Co.
SAID thst they were making numerous sales to
Southern and western merchants, and Guy 10
tdIlers were also buyiag moderately but steadily.
la IicatinR commencement OF revival ~ bns-
ness. Ihey hdd already advanced heir SILKS
fifteen er cent. aud expected further rise, ID
the demand Tor these goods Is active.
Al a. 1. Stewarts the retail trade ~ already
brisk, and ousy season Is xpec.ed Dy TIE mid
die VI september uext SIlks nave not advanced,
aud retailers AMI private persons arc conse-
quenLly buying liber.lly.
rhe IL lsys, Of Grand street, said they were
agrreabiy surprised by tue CONDITION of tue
market. During the last season prices had
reached the lowest poss bic eDb, ana the in-
creased demand will prUO bly, encourage -Itgnt
advance. their IT Yelling agents IN tue West
efn states report that retailers there nave
ne rly exhausted their stock, and that numer-
Gus orders may soon be expected. Many hope
that change of administration vii give y
Stimulus To tr de. In expectation OF a hvelier
trace they mad already CONTACTED with manu-
lecturers ~ tins country aud Europe Tor a large
stock al ola prices. Ibe gfeat advances on silks
ia Europe tncOufaaed an .dvdnco ~ this cOun-
try. E1stern retaiIeIs generally bought tbeil
stock later la the season.
Inc Grm of Garner Il Co. are receiving orders
for cotton from their customers, aud are ueiiv.
erIng as fast AS the mills tam out the goods.
Mr. Furstm an. Importer, aid tnat the demand
for mixed foreign woOllen cloths Is shm
though due cloths still fund fair mlTke ct
Ihi, arose, not out OF any preference Tor domes-
tic gooas, but from the hi tariff.