The Morning herald., 1876-08-03
rhe Eall 1FsAe
From the N. Y. Sum.

r.o de,iohtful weather of the last few
n"I hos already produced market and
l,:!sginc ua!1 % effect upon the general business
WAISTS WAISTS of the city. During the burning
,li'ih ni'at which for nearly month prostrated
ne"' u ooaryv and brought trade to stand
"; .u, There there were very serious misgivings
sonn,ernng Bum, the outlook for the immediate
Son c,.mra Now, the great activity which has
luIu, luIIenlv manifested itself throughout the
1rv goods trade seems likely to spread to
ol6er G interests. There are already goodly
ur number of buyers In the market from the
avtreme South and Southwest, attracted
,hus early by the great auction sales of do
nestle v" dry-goods. They have bought lib
arsIIv ' of ali articles necessary to make up
their tIe stock for the coming fall and winter.
These purchasers have given an increased
animation to certain class of prints and
cotton goods more especially adaped to the
Southern trade.
Noticeable features in the great auction
trade sale of fannels and blankets, con-
dncfed by Townsend, Montant 81 Co., last
week, we're the large attendance of first
class lry goods merchants from all parts of
The country, the quick aud spirited bidding,
and the very satisfactory prices realized,
which were GU an average from 5 to 81 per
cent. higher than those obtained for similar
Goods sold under like circumstances the
week previous. For most descriptions OF
goods offered the demand far outran the
supply, and every sample lot with it's dupli-
Gates was sold. 1t is understood that the
value of the packages sold exceeded 81 800
900.
The success of these sales and the gradual
rise in prices give abundant token Of return
inc confidence and reviving trade. The
manufacturers, relieved of heavy loads oil
stock, will replenish those lines OF domestics
a, such reduced cost OF labor and material
as will enable them to keep their mills
steadily running, and sell their manufac.
tured goods at remunerative rates. The
Fall River mills have again resumed opera
tons, and no further stoppage is looked for
during the present year. In fact, some OF
the mills have contracted in full or in part
for their production until next October,
while others have orders ahead which will
require full running time to that date.
Nearly all these mills have agencies in New
York, and by far the greater portion of their
productions are distributed from that CENTRE
Hhtu tlcy PloopcI, Ihc NCW Aoih uly SSouo
trade must flourish.
The farmers of the West and Northwest
are the great consumers of the American
manufactured goods. The enormous ex-
port of wheat, corn, pork and beef during
tie lest few years has placed them in
stronger financial condition than at any pre-
Yious line since the war. The splendid
haryests which now confront them bid fair
TO outrival in aggregate production any
thing the country has yet seen and it is al
most certain that our exports of wheat and
corn for lS76-n will exceed even those Of
the memorable year 1914, when they at
taincd their maximum, namely, los ,474 ,52S
bushels. Since 1874 vast regions of new
land have been planted in corn and wheat.
The farmer, then, will be able from the sur
plus products of his farm to crafty every
reasonable want. 1t is this healthy condi-
ton OF the agricultural interest which has
already given certain impetus to trade at
cur business centres.
The depression which had so long pre-
yailcl has given way to a feeling of hope
luIness, we might almost say buoyancy.
Should present anticipations as to the har-
vest be fully realized, it must greatly help
In restoring the business of the country to
is normal condition, and in lessening the
pressure Of indebtedness which is still seri-
ously felt among the trading classes of our
large communities.