The New York herald., 1878-10-12
PROSPERITY'S DAWN.

TRADE-LARoE SALES AND EVERYTHING
CHEAP INTERVIEWS WITH JUDGE HILTON
AND II. B. cLAFLIS.
Our streets, hotels and theatres bright, gay and
throneed Tho tide Is set from Europe and the water
ing places. Shades, curtains aud blinds in private
houses give unmistakable evidence OF reopcning
The devoted TO stores ana shops thronged
and the stores themselves are brstling with trade
TO the casual observer these are signs OF renewed
activity in business channels and in order that
con cuson might be confirmed dismissed tho opin-
ion OF expert, n the person Of Judge Hilton head
OF the house OF A. I. Stewart Co.. sought and
obtained for the HERALD, as iollows:-"Yes" +" said
Judge Hilton. 'there Is a marked improvement every
where and look for still more decided change In
the early future. Merchants are here from all
tions OF the country TO look At and purchase goods
They could buy SO reasonably as now; every
thing is At very low prcs&
sAre they buying as freely az heretoforef"
..Quite as freely aud much more closely. They
select great variety ana general thing buy goods
that are known necessaries. The consequence is
that the pulk greater than heretofore. More clerks
are needed handle and sell goods were needed
before"
"Wnat is the difference in figures between the popu-
lar prices OF 1877 and those OF 1852"
"We. about iko shis:-
cAsuxxREs
From 9oc to 81 Is From zoo. to 81
DKEss GOODS NOVELTIES
From 50 to 50 90 From 81 10 So So
ZANE cAxEI's HAis ooo.s.
From 81 80 to 81 So From 81 to 81 76
From lOc. 10 l2c. From &C. to &c.
snow that covers the necessities OF the average
buyer ana you soc what q tremendous difference
there Is.'
"But people need something beside elothes."
.'Csrtainiy they do; but look at potatoes and
apples-cheap art. Why, doesn't pay gather.
barrel and ship apples 10 market, and meats In
the samo decline. When bottom is reached we all
have 70 do as Adam dd-go to the earth for what
want And see what we get this ysar--fruits, vege-
tables, wheat, cotton In greater abundance than
ever"
ssHow about rents9 9n
"rhere il is againi Tho owners Of real estate
In trouble. l wouldn't guarantee an income from
the real estate OF New York, Its assessed vaua-
ton, over and above taxes and repairs, OF one per
cont Rents are very low, and hundreds of families
heretofore compelled to live tensmcnis or two and
four In one house, now AFFORD 10 take entire
house. They ind Il just as easy 10 1--we. With low
rent cheap rut, cheap vegetables ana cheap clothes
men ought to get on.'
"How about he laoorerY"
"weIi, his dollar will buy him nearly twice much
to-day as It would last year. 10 be sure many don't
1nd work more than half the time. Everything
seems TO be tending 10 our help Ever the yellow
pc ype forced 10 leave tue cities and fly TO tho
plantations There they seek and Obtain work
crop than we have ever had. Our wheat crop is also
immense aud there never was better market for It.
All tots Affects us favoraby We are besides, export
ing greatly 10 excess Of our imports.''
"Mhy Is thatT'
swell. reason is that SO many fabrics formerly
made across the water a-e made here, capots
silks, hosiery and dry goods. Working women can
get SUIT OF beautiful cotton dress eooas for nearly
the same money that print formerly coat"
show the calico trudeYU
.You mean prints Well. Imitation bourettes are
hur,lng them also whero formerly you would retail
IL 900 yards day you would sell but l,2U0.n
.'fneE, while general trade Is excellent and pro-
grsssng there are certain lines that are deprssssd"
show about glovesr
'rne price OF gloves follows gold, OF course. be-
iievc the general slc oil gloves Is unaffected. You
will notice that gentlemen 20 not wear gloves In
theatres aud pubic places 10 much as they used TO-
men 40 are Our summer climate Is not adapted TO
kid glove wearing"
s.How about tho SIX tradern
..lhc home man TACT Of silks has very greatly
interlcrsa with the foreign silk trade. IL IS very
difficult TO have abroad standard value OF silk. Ii
the tarn could be enforced It would bu different but
there seems 10 DO no standard oil foreign domestic
values Holdcrs need money and clear out their
STOCK because they nccd the money and must real
ize."
show is the carpet trade 2n
s.In good condiuon. Prices are lower from thirty
forty per cent than they year ago The fact
seyefy,nng is cneaper and cheap"
Gan good hotels are crowded Merchants, with
their families, on the way home from summer resorts
now stopping here TO purchase goods The same
sy stem that obtains dry goods seioc-
ton seems TO WORK IN hotel living Very little VINE
is sold Guests tha. used 70 average, say fifty cents
Gay, by tho huudrcds now average less than twenty
cents Tor vino and liquors. One hotel that know
two years since sold sac 700 worth OF year
s"Id less than 500 worth But the hotels full
and guests pay tneir balls promptly"
"How about the hosiery trade 20
prices are lower ABOUT thirty per cent. Ordinary
qualities largely a1e Quall.
ties and silks are mp0Tted.p
''Are fancy SILK hose in much demsndf"
"Certain styles always are. They range IRON 81
to $50 per pair IL IS dangerous stock 10 carry on
account oil the fashion IN tnts.n
.How will the elevated roads affect business ~
''Thsy are great nuisance to the streets on which
they are located but tney must benefit the side streets
great deal Rents VIII DO better there Retail traus
must follow Tue psope, just As the Wholesale houses
must follow the hotels. I"
NM. cLArLIs's viEws.
At the warehouse OF II. Is. Clsfin Il Co. Mr.. Claiin
psssauty received the HEBALD reporter, VINO asked,
'Does your experience thus lar TINS year warrant
your beef that better tunes arc dawningp'
"lt does, decidedly We are dong ano have done
better tnan last year at this time More goods have
been dis,rbucn IRON New York this season tns year
than there were last"
s.Dv buyers loei wei ~
.6etter than IN u long timc.n
''How IS the iancy goous tradeY
"By that you mean expensive goods, l supposeY
Well. the merchants now buying are selecting very
carefully. They hrst buy the goods tDat are aDso-
ueiy needed They easier TO deal with than they
were year or SO ago A little prosperity makes
tnem ieei nopoiuL Expensive kOOus arc nVt 50 Teau-
lily sold as they one time, but they 70 leera-
bly, we'll"
''Then you are OF the opinion that the bottom has
been reached ana matters are Frightening 7"
"Precissly. Confidence is more general, sales are
large, transactions are moro easily made bills are
paid promptly and regularly and the future LOOKS
weilD
In this connection II Is OF note the
streets on which the heavier dry goods stores
located are crowded with carts, express Wagons aud
drags, and that tho thoroughiares leading TO the
steamboat and railroad depots are lneo with vehicles
loaded with freight. Many Of the principal dealers
are forced 10 keep their clerks and porters far into
the evening preparing, shipping and Dng the goods
sold during tho uay. More clerks are employed this
season han were needed two years ago. In some
stores salaries been do~n nifty per cent, 10
others twenty-five aud 10 ali the great establish mens
thsre has bsen more or less reduction.