New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-06
HOPES or BUSINESS MEN.


| BUsINEsS-A FAVORABLE TIME FOR SPECIE PAY
| MFNrs-yIEws OF LEADING FIRMS.
The heads of many of the leading business
houses In this city are looking forward this year TO
marked renewal Of prosperity They base their opinions
both upon The facts under their own observation ana The
reports coming from their correspondents IN various
| parts OF the country Some Newlork merchants ana
bankers believe that the Improvement viii be very
gradual and that no sudden increase Of activity is to be
looked for while others think that strong impulse for
ward will be felt Immediately; but all who arc not
blinded by partisashp feel greatly relieved by the SET
lomont Of the Presidential contest aud are convinced
that the business Of the country will soon show change
for the better The views OF weknown business m ~
expressed in conversation with TRIBUNE reporters are
given herewith: - ,
Mr. Fisk the wcll.known banker Of No Nassanst''
said that the country had to be thankful for be-
sides the settlement of the Presidential matter The ia
OF gold had caused serious agitation and crops were
good There wero special indications Of revival OF
business "a yet and it perhaps too early to LOOK Tor
any lie thought that the bottom point In the fall OF
gold had been reached. Government bonds, when Tor
the past month had been irregular and unstable and rev
eIIsh, were steady and firm, and that was 4 g"ou
sign He expected the Improvement IN business 10 De
slow and steady; people looked for general change and
revival In 4 month, there would be undoubtedly dsaa
HARPER & BROTHERS.
atchcr Harper jr, said: " Our transactions hard
furnish bass for estimating those OF others, or Tor
publication houses generally We are manufacturers
Our business consists largely OF periodicals aud If
school books and the schools kept as usual dur
ing hard times II is fortunate that the Prcsldchtia
question is happily settled aud expect that IN the f
we will make good sales. do not look for any imme
date and marked Improvement but The Improvement
will come gradually and surely. We will, hore, emerge
entirely panic state in which We have been Tor
mr. ftur II
business everywhere. | haven't given any special
thought to this subject and have 40 views Of Importance
to xrrss but by the Fail at any rate expect to see
thriving trade"
Horace b. Claim. the welkuown dry goods merchant,
said that II was too early determine what effect the
present Administration probably would have upon the
branch Of business which hc was Interested but he
wa, highly gratied 10y the result o. the political
struggle, and firmly believed that IL would give trade an
upward turn lie regarded the present state of the i'm
port aud port trade highly favorable TO the speedy
return 10 specie payments The fact that the Prcodr-
ua had been settled, and that the result nd
been generally satisfactory, toge her with the near pros
pect the resumption Of specie payments. must act
bcucicially upon the dry goods business
H. X. 4 +. b. TIIURBER & CO.
H. X. Thurbcr wholesale dealer and importer OF gro
ccries said thai far lac was able to learn from bis
correspondents throughout the country the settlement
Of the Presidential question has satisfaction, and
the effect upon business would be- good Dealers had
been buying only what their customers wound readily
take off their hands. In many towns one or two firms
that had been doing FIJI cash business had been
gradually absorbing the trade and the Otnprs were
.orced to succmDb. export trade in a very
conra..Ing condition. a.d there great demand in
Europe for hrst-class American goods at low prices
The Improvement in exports would greatly facilitate
he return specie payments very soon. Among the
rs sent abroad from this country IN which there was
an extensive and expanding business were canned
fruits canned corned beef. and flour. Indications
generally were favorable to the passing away of tn
present depression and to the contryS advance to pros
MCKEssON ROBBINS.
John NcKessOn, OF MckcsSpn IL Robbins, whole
sale dealers in and importers Of drugs ana other mcT-
cAandise at No 81 Fdltonst remarked that the settle
en of the Presidential question would give an impulse
% trade that bring aud prosperity to those
Who had learned the lesson of the hard times" Bust
ness i'll this country now ut its lowest point down TO
nari-pan." the lOug credt system, which swallowed
alp - many who seemingly were fOurishing, had gen
rally been abolished. In its place much smaller
sh trade had been built up gradually and
,curcly Business men had been hoping Tor the
gaun specie bass and the prospect OF this was now
m more favorable than the past. The business our
ook had improved by the careful attention which
everybody WAS now paying to his own aGIi.s Economy
tho order OF the day Provisions were reduced in
price to large extent and everything else must follow.
lie exports Europe nave been extensively increasel
during past fe months and the demand continued
rhs was bringing much gold and silver 10 this country,
and specie payment shnud be resumed very soon.
DEyLIN tS co.
4 gentleman connected with DOWN & Co., the Broad
say cotniers said 1t is little early to predict
I'll ,in,ss outlook the Spring NctAcr wholesale
nor recall trade gins until 30 days Later. bu We dic
looking forward with great hOpculness. our orders
rom oul-oown customers are much larger than last
GEAR and everything seems to indicate good business
or this year. We have down orr own prices to sui
a tim = nit making up better stock Of goods than
yer; in that way at least proving our faith by
ar works We making every preparation for large
BOOT AND SHOE DEALERS.
The leading member Of the firm of A. D. Bates & Co.,
boot and shoe dealers. o No. i6 Warren-st, said that
they were ready for m extensive business and he
opcful that IL would The people had been wait
Ing the Presidential problem 10 b. solved anu now
.hat tho difficulty concluded he looked for an in
,rcse Of trade However purchasers bong ohy what
hey wanted to met present deintI' ana III iac' many
of them acre unable 10 ito more man AT =. .,
w'rrrn-st said mat he expected Business proceed
about ii had been for the present There was no
speculation, and It impossible to get people To buy
II all beyond their immediate The effect of TIC
decision favor Of Pres dent HAYES, he Thought mad
ncen discounted because 1t hal been expected Tor the
hts 60 days. There 10 be great demand for loco
,nI this dcioand woulI Stimulate the iron
Industries of the country. The leading lines would have
10 up IEor roads thoroughly in order to do the bu,i
ness OF them; II they refused to do 80 IL would
p,ct numerous other interests. On the whole Mr. Burt
tnongt this you'd be excellent yer for business
did expect his patrons come into his store ut
nee and buy goods but lie looked for gradual
Improvement. 49,
In many other business houses, In which different
branches Of trade represented there was general
expression Of satisfaction at the settlement Of the Pres
,ntIal question and confidence IN tho future Of Presl-
tent IIaScs's Administration Many wlO had voted for
me Democratic ticket expressed the belief that trade
vas Out take lons stride forward, ana rC.crrcd 10
letters from their CORES Oncnts in various ~ tteS bear
Ing uuuistakabe evidence of returning prosperity