Buchanan County bulletin. [volume] (Independence, Iowa) 1869-1891, 1877-08-17
THE FALL TRADE.
The New York Merchants All Agree that
1t Will be Good.
New York Herald, Aug. Il.


New York Herald, Aug. Il.
All the indications are that the fall
trade this year will prove the best and
largest that has been transacted since
1873, the year of the last panic. By
the fall trade to which this article re-
fers is meant the wholesale business
done in this city with the jobbing houses
by merchants from the South and West.
1t is at this time-the beginning and
middle OF August-the country buyers
commence to arrive and start their pur-
chasing OF fall and winter goods and of
countless miscellaneous articles besides
that are ..salable all the year round
BY coming in August those who live at
distant points of the South and West
are enabled to have their purchases sent
home in time for the season. The great
retail trade OF this city never begins be-
fore October. The reports of the large
jobblng houses furnish very fair index
OF the condition at least of the agricul-
tural part or back bone of the country
The great majority of those upon whom
the Herald reporter called yesterday
and the day before gave it as their de-
clded conviction that business would be
good the coming season-better than for
several years past; and, from the cheer
ful and sanguine faces of the merchants
and their clerks, it would be hard to in
Ter anything else than hopeful and
buoyant spirit prevailing among them.
An old customer or two might be seen
in most Of the stores, reminding one of
the few and early robins that come as
harbingers OF spring. So these oc-
caslOnal customers indicated that the
fall trade had opened All the stores
appeared to have full supply of goods
on hand.
Mr.. Dunn, partner in the house of H.
b. Clafin Il Co., said in thoughtful,
measured manner: 1--WE expect good
fall business, but nothing extraordinary,
for that would be next to impossible.
The indications are that the country is
rounding slowly to better times, and
that is the way it should be; when we
finally reach by gradual and easy stages
something like the same degree of pros
perity we enjoyed before the war we
shall feel we are ON solid ground. That
is what all OF us are striving to reach.
The people of the West have had, ac-
cording to all of our advices, an unusu-
ally abundant yield from the soil, ex-
cept in few of the bottom lands of the
Missouri Valley, where the rains have
lodged and done damage to the crops.
but on the whole, the West has been ex-
ccptionally blessed. From the South,
from every section of it, we have re-
ceived most encouraging advices not
the least among them being those from
South Carolina and Louisiana. South
ern buyers are here in our store to-day
from both these States, and we expect
more Southern trade this fall than
any time since the war.
The extravaganza in buying which
was once characteristic of the West,
and whereby New York merchants lost
millions of dollars, has ceased in a great
degree. The West looms up to-day
with most enormous reservoir Of
wealth in the products of her soil that
Europe is even now calling for, and this
makes us feel that despite riots, strikes,
panics and everything else, the future
prosperity of America is assured be-
yond peradventure. | might say that
we feel perfectly satisfied with the
prospect Of trade this fall"
Mr. Dunn spoke further about the
credit system, which was the bane of
trade between New York and other sec
tons of the country, but there has been
great curtailment of this, and much
sounder basis of business transactions
now prevail all over the United States
In fact, the principle of cash down or
bound to be down at certain date, is