The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-04-03
EVERY OTHER MERCHANT WOULD,

| uoAa S@seSo cutst u0 COulu Ouly bA.
EVERY OTHER MERCHANT WOULD,
and that was that trade had droppet
down TO 80 low q point during the presen
condition OF things, there was what
might be called little or nothing doing
country merchants purchased onI,
wnat was required for present necessi
tles,, ana dared not attempt to carry
l. stocks 80 long as the present uncertainty
existing prevailed. But few have made
within flfty per cent OF their old pur
chases, and 1t would be only after 9
complete adjustment OF matters tha
they would come forward. Taking
next the
TOBACCO TRADE.
A detour was made to the large and
extensive store OF Louis Meyer Il Sone
on Common street, near Camp. Mr.
Meyer stated that he had examined and
compared his books OF this year with
those OF last, and the falling off In the
amount OF purchases made by those
who were still his customers was re.
markable. His trade Is very extensive
In North Louisiana, and in every parish
there he has a strong and early buyer,
but this spring, owing entirely to the
POLITICAL SITUATION.
most Of those who have hitherto
made heavy purchases now buy only
sufficiently to meet present demands. A
careful comparison with last years busi-
ness is sufficient to show what q fearful
effect the complex situation at present
disturbing the State has upon trade In
general.
FoLGER & CO.,
whose large hardware establishment
Is so well known, and which Is sit
uated on Magazine street, opposite
st. James Hotel, was next visited.
Here, as ct all other wholesale depots,
there was reiteration OF the old story,
!" Unless this thing is closed, trade will
must be our Governor or business is
gone. You can't get over the fact that
people are now buying only from hand
to mouth, simply because they don't
know how the cat will jump. Satisfy
them and we will have brisker sum-
mer trade than we have had for many a
long day."
At FINLAY & co.'s.
who are our heaviest drug dealers, the
same opinion was expressed. They re-
ported that sales had dropped off amaz-
ingly under the pressure OF politics,
and that country dealers hesitated
about laying In any large stocks, for
people were holding back their money,
not knowing what to expect and feeling
whether or not they might
not have to emigrate. as Packard's
success would surely force them
to do. AS was said, people will
have medicine even when they
can't get anything else, but now, under
the political pressure, they are afraid
TO invest even In medicines. II Gov.
Nichols was recognized there could be
no question but what they would send
forward their orders freely. Even
now,' as the leader of this extensive
concern expressed himself, "after all
this delay, IL Gov. Nichols Is recog-
nized, we can safely count upon brisk
and unusual summer trade"
1t was the same story everywhere. In
factories, In foundries. in machine.
shops, In retail stores and In little corner
stores, came the re-echo OF this opinion,
and In the long and extensive tour Of
The reporter not o single opinion In the
least contradictory to those given above
could be CLEANED.
IN THE COTTON TRADE,
dependent as it is on the solution of
the Eastern question and the consump-
ion OF the spinners Of Manchester, sin
yular to say, Louisiana's troubles have
wlought their effects there. Buyers
have become more wary and hesitate
about sending out their capital 80 long
rs the present condition Of things last,
and consequently the. trade feel 1t.
Our largest cotton factors have very
natural hesitancy about making adj
vances to their clientele In the country
parishes until such a time rs the gov
may have been settled. In
other years the merchant felt safe
UNDER THE Law
n his security on the crop Of his
planter; now there Is disposition
70 look we'll before sending forth
funds that may never come back
Il the true State government be not
recognized. This prudence and care is
not exceptional here, and shows how
affairs. As the situation Is at present
The banks are full Of exchange, and
hey find considerable difficulty In ne
yotiating sight.on British banks, as the
financiers on the other side are on the
lookout as to how
LOUISIANA MATTERS WILL END.
In the cotton market this unsettled
condition OF things has brought about
nesitancy, and some Of those who have
orders for 1000 bales a week hold off,
solution Of the question.
After the above and the many other
interviews held with the most promi-
nent business men of the city, there
can now be no doubt but what capital,
labor and skill need, and most hungrily
need, the speedy recognition of our
government and its fullness of power.
was visited, and from everywhere came
The same story. The wrongs, the disas-
sers and the direful sufferings wrought
upon this people were never more
clearly depicted, and the millionaire
and the poor man were one in their pc
.itions for clear sky and an early
recognition OF Gov, Nichols.
In good old times imp rtations of Piper-Heid-