, 1876-09-03
A Better State Of Feeling in All
Business Circles.
Progress Of the Government
Work at Hell Gate.
The Bottom Of the River to Be
Blown Out in September.
How the Breach Between Conking and
Morgan Was Healed.
The Veteran Thurlow "eec
Manipulates the Com
promise.

promise.
| Special Correspondence Of The Tribune
! New YoRK, Aug. 30.-From indications to be
| encountered in all OUT business streets, 1t Is
plain to be seen that the usual fall trade has set
| in. The streets are filed with draymen and
| great freight-wagons transporting to The depots
and wharves great piles OF boxes and bales,
freshly packed in our wholesale houses 1of
the 1obbing trade in other sections OF the coun"
| trv. Along the river-front the streets are fair
" blockaded from morning till night with teams
| OF all sorts, laden with outgoing goods, while
| trains and steamboats, are loaded down with
freight. It is only within the past week or ten
| days-since the cool and pleasant weather ser
in-that this activity in trade has been noticea-
| ble How long it will continue remains to be
seen. The prospect, however, promtsesa better
| fah trade than has been known for several
years. / find that business men generally
| anticipate larger trade than usual, and they
represent that the reality thus far even exceeds
| their antidpations- They argue that during the
hard times jobters and retailers have bought
light stocks, simply keeping pace with the de-
mands OF economically inclined consumers; that
the time has come when consumers must throw
aside their worn-out garments, and replenish
their wardrobes; that the curtailment OF domes-
tic and business expenses which has been going
on 50 generally has at last reached "hard-
pan u basis, upon which to erect new struct-
ure of business; that three years OF retrench-
ment have shown the business community just
where it stands, and just what is needed for
the future; that business men have grown tired
of stagnation, and are now prepared to put
forth their energies to build up once more
profitable trade. Appearances indicate that
this is q sound analysis Of the situation, and
that
A REVIVAL or BUSINESS HAS ALREADY SET IN.
It is not expected that it will, at bound, reach
the volume which it attained q few years ago,
but that it will be developed steadily
month by month until It has attained fair
proportions. Speculative transactions are not
encouraged. However anxious our merchants
are to sell their goods, they exercise, at the
same time, far greater caution than formerly,
and do not press their customers to buy more
than they have market for. A fair supply for
legitimate demand is their motto.
Whether the trade which has just begun is to
be very much greater than it was last year re-
mains to be seen. In an interview with PROM
inent drv-goods man yesterday, he told me that
the sales Of his firm during the past ten days
ten days Of last year. Yet this may be but
beginning the season ten days earlier than
last year, and bis trade may fall
oil correspondingly few weeks later: But he
also informed me that he is selling fully third
more goodstto the same customers than he did
last year. This is better sign Of better times
coming. know manufacturers Of some staple
goods who have already sold out their entire
trade, and are now running their factories night
and day to fill their accumulated orders. One
OF these informed me that be had more orders
than he could fill in the next sixty days.
spire the community with hopes Of prosperous
times near at hand. That they feel encouraged
is shown by the tone Of conversation On all
sides, instead Of the complaint that there is
o ten + ho
is addressed the question "How's businessa"
now answer, Il can't plain-picking up con-
sderably." All seem satisfied, hopeful, and en-
couraSed.
AN OFFSET
As an offset to this picture Of brighter days to
come, aud casting dark and uneasyShadoW up
on 1t, there still remains among us great army
of unemployed mechanics and laborers. An i'm
proved commerce may serve to inspire hope,
but until these willing workmen find employ
ment there eau be NO permanent prosperity.
When skilled artisans become strcet-loungers,
seeking odd jobs to keep them from starvation,
there may be seen in the background Of the
Silent machinery, and millions Of dollars Of ln-
productive capital. an increased demand for
me plouucts OF the factory anu the loom IS the
hrst step toward setting these III motion again,
ana si1 giving employment once more to those
NJ VINO are SO anAleusly Gus seeking II. Let
Us nope that the tau trade may consume
q goodly portion OF the "oVer-production
Mh.cn Is saia 70 De the cause OF stagnation, and
Lnat Tue sIl1nulus lnus gwen TO manu1actures
tories ap4tn in ftf sDrinr
DREAkI WINTER.
mere IS, however, put dreary prospect
rae aneau eh Ior the ~ UNEMPLOYED: how are they to
get tnrougn the com1hg winters For lew |
weeks TO come thcy VIII nave greater oppor-
LanlleS t, 1or employment than they had during |
the au months 81 summer, put alter that comes