New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-02

business spreads into other Streets rs 1t Is boud 10
do, decline will certainly take place. :, -.
There are four banks in Leadville. all OF whleh
are doing large and profitable business Their de,
posits range from 1900, 900 to 100000 eaeh ana
the ordinary rate of discounts is from 1l2 to per
cent month. An officer Of one of these lnstltu-
tiOns has told that at the end of the first wear
Of ITS existence the bank with which he is con,
nected viii have realized profits equal To Its capital
stock. The business done by the banks OF this CITY
over then counters is enormous. From the opening
of the banks TO their close, long line OF customers
may be seen in each, waiting their turn TO De
served. One, the Bank OF Leadyille, has an a.
tractiye brick building elegantly furnished, on tho
corner of Chestnut-st. and HaTrisOn-aye., ana an
other, the First National Bank, is building hne
brick banking house on the other side OF the street
Every kind of legitimate business here seems 70
be successful have visited a number OF the lead
ing mercantile houses and gathered some statistics
OF their trade which may be interesting as mus,
tratiye of the magical growth OF chs wonderful
camp One retail grocery finn employs eighteen
clerks and its cash sales amount to from S1OO 70
$1,000 day, in addition TO its book accounts,
which are much larger ana arc settled weekly
There three or four other firms, each OF winch
sell an equal amount of goods. No goods except
those of the best quality can be sold here Al
though the miners appear rough ana are accuS-
toned to hardshlps and prlYatOn they VIII not Duy
cheap or sec0nd-class groceries. In looking over
some accounts with mining camps, found charged
the best quality of patent process Colorado flour,
imported pickles the highest-prced sugars, potted
meats. California canned fruits and similar articles
such are bought IN large quantities only Dy
Daniels, Fisher & Go. are the leading dry goods
firm of LoadyIllc, and the amount OF business done
by thom IS exceeded by only one house in Denver.
They employ twelve clerks and carry q larger stock
Of goods than any other dry goods firm III the state
Besides the ordinary lines of dry goods, they Keep
carpets, ladies' SUITS hats and bOnnets and fancy
gOs. Their stock consists almost entirely OF hrst-
class articles. there being less demand for those OF
a cheaper quality here than In Denver. Ii man
carpets his house here purchases blankets Tor his
log cabin, he wants goods of the best qual1ty ana
the most expensive pattern. | was informed az
Mesers Daniels, Fisher Il Co.'S that they rarely sod
lady's suit for less than 500, and that the few
ladies in Leadyille paid fabulous prices Tor their
hats and bonnets. This demand for hlgh-priced
goods is one of the features of Leadvle trade IN all
It's branches. Every branch OF business seems now
to be pretty full.
The citizens OF LeadvIlle are a reading people.
They support three daily newspapers, two OF which,
published IN the morning, contain no news except
a little gossip picked up about the camp, the re-
mainder of their space being filled up with mlscel-
laneOus selections not of ncwsy character lhe
evening newspaper receives brief dispatches from
the Associated Press Besides these, great numbers
of New-York. Chicago, st. Louis, Denver and san
Francisco daily and weekly newspapers are sold.
The trade in New-YorlI daily journals, and cspe-
cially in THE TRIBUNE, TO be greater IN Lead
vile than IN Denver or even than in Charleston,
South Carolina. The Post Office here Is one of the
busiest IN the Western States outside Of few large
cities One letter is received daily for every two
inhabitants, and almost an equal number IL sent
out The sales of stamps and the money order bust
ness are also prOportlonally large. z. L. W.