New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-07-20
LOCAL MISCELLANY.
GREAT SALE OF FLANNELS.
OVER 10000 900 IN VALUE GOING Ar AUCTION
PRICES REALIZRD-KFFECTs ON TRADE


OVER So 600 900 IN VALUE GOING Ar AUCTION
PRICES REAIIzRD-KFrEcTs ON TRADE
The largest auction sale Of flaDnels ever
held in this country was begun yesterday morning and
will continue through to-day at the stores OF Messrs
Faulkner, Page & Co.. at Nos &c and 6S Leonard-sr
The lots offered for sale comprise about $4,000 packages
OF standard goods valued at between s2ooo'ooo anu
SO 900 900: very large number OF buyers was pres
emit Yesterday from all parts of the country There
hardly city OF Importance either in the United states
or Canada the leading dry goods houses OF which were
not represented The prices obtained ranged from
IL TO 90 per cent than at private sales in January
last; and Nj Page Of Faulkner, Page Co remarked'
These goods never sold low as they are selling
now" The bulk Of the sales were made 10 Leading
Western houses and bidding was frequently very orsk
when some wellknown standard brand was offered The
terms Of sale follows Approved Endorsed notes.
satisfactory TO sellers at four months for ali sums over
800 payabe In the City OF NewYork; and al sums I'M
der $780, cash without discount seven per cent per
annum discount allowed for cash on bills OF 800 ana
over. The following are some of the sales;
six hundred ard thrtyhye yards plain orange flannel
$40 wards do 24c; G26l2 yards do 26c; 669ii yards
d., 3@c' 976a wards plain blue flannel, 1l4e.; $50
e arqs s do l 7a ards Do 2c 6s . wards light do
224c; 67sa yards plain DARK blue hannei 2sG; 6loi
yards do 29c. ia yards pam mixed Manuel p'eN,
lie; 6s8 yards 40, zoe; 6i2 yards cadet, 2Ol4c
C&s brands sold in many instances at good figures
go cases marked g. brought 80 and 81 cents; 10
cases Of gray lie coOred to suit purchasers brought
32l9 cents; cases, marked b. b.. 81 cents and 80
cases scarlet twiled marked f. Co., sold at 33S and
33i9 cents.
The flannel market has been among the dullest fea-
lures in the dry goods for the last year. OWING to
the fact that the Winter Of 1s15-76 was exceedingly
mild all over the country, and merchants who carried
large stock of flannel goods in anticipation of severe
Winter still loaded with from half to threeiths OF
their old stock The general depression OF trade las peeh
felt among the flannel manufacturers as In all othel
branches Of business aud g. per cent OF the machinery
OF the 2s mills represented the sale il not working
variety OF opinions expressed by buyers III REFER
ence TO the sale usually to the effect tia; II was forcing
an enormous quantity o goods upon the market Jobrs
and commission merchants OF this city seem To ihnh
generally that the forcing OF the sale was injurious rs
buyers all parts OF the country were present. ana
the piccs obtained would 60 through the rcah trade
interests Of obbcrs all the United states
Some of the leading lobbing houses maintain. however
that taking into consideration the great reduction III the
price Of wool-lO to II cents less than ysH at"-al
the reduction IN the price OF wages; the prices oo'nt
wer, good and probably better than would haIr been
offered at private sale Many city houses feel that the
sale preinatulc--i0chng ic couEU! WIN ~" " ~,
least % day before the usual iEe "hcn I''Itrs
would tu,-aud that the mills could produce the same
leading Scw-York dry goods house, however expressed
the opinion that 10 was e"oo tnhS ,o IA, 49, M
rid of their pTcscn; STOCK "l'hou' p'N- 50 20 '
tcC buyers and to take long NOTES Tor lhr ool 20
! member pi the npl-f 81 Idilnii'
Isee a TO- said that the intended 10 BRING man
uartuIeg~ and Du tDycilcr; tLat the great mJui
OF outof;pW4 buyers afraid OF each 't"r ANA l
no; understand the manufacturers. sale e" iii, li
would c,tIp,u basis for iuturc operations; dbi II Ur
nrcr, r. sch that the Iilll. could out goods on q:
Margin Tie. cnIld continue work II too low they would
nave 10 contract still farther.
The following airy goods dealers among TIE rur-
cEaS,is: FIELD I.iicr & Co. and ). T. faIW,h * Co. 81
Chicago; Dold. Blown Co.. -. Loui, john o. Mey-
err, Albany; john >Iilit0 u CO., Cincinnati; blfne,,
Bancroft 4 CO.. Buffalo; \. I. stewart Coz l. : Jli-
FRAY 4 Coz CisiliH e. o. Willis Bros, Ia nc, spring,
Dale a CO.. aud Aiuau,s, Robbins * Co., NcN-l orS.