The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-09-09
II BUSINESS BOOM.

THE BUSINESS BOOM.
AdvIccs from Various Points East and
WeSt-Great Rush In the boot and Shoe
Trade-SanguIne Iron MeH
New York Bulletin Of yesterday.
The healthy aspects of the fall trade in
New York, as set. forth in the Bulletin re-
view a few days since, We tludare fully re-
Elected at all the other business centres.
From a random reading Of our latest re.
ceived commercial exchanges, We have evil
denCe Of the fact which cannot be mis-
taken. What our Western contemporaries
call the business "boom," would seem TO
have partly struck the Eastern States. The
Boston commercial writers, in their re.
views OF the weeks trade, at all events, are
unanimous in saying that the autumn
could not open more a~uspiciously. The
Shipping Lit and Prices Current says: "All
the leading branches OF trade have started
up, and in several instances the season is
at least two weeks earlier than usual. The
activity in the boot and shoe market is
something phenomenal almost, and ship.
ments the present week have been the
largest known in the history Of the in
dustry."
The Commercial Bulletin, writing in the
same vein, adds: Anything Of the kind
which has been available has been sought
after, and the result has been n material
reduction in stocks" The hardware trade
opens likewise with marked activity, and
the upward tendency OF goods is inducing
buyers to anticipate their wants. 'The
outlook now is better all around than for
quite q number Of years, with stocks re-
markably short. Manufacturers are busy
with orders and are refusing TO take more
at the old figures, especially in heavy iron
lines" At Philadelphia, all OF the iaCtO.
ries arc running on full time, and manu-
~facturers are straining every point to have
the goods ready in time for delivery from
the LIST to the 18th OF September. The
Shoe and Leather Reporter says: "Thc job.
bers have all that they can possibly get
through with. The greater part Of the
shipments now go to the nearby States
and up through the mining districts OF
Pennsylvania, The daily reports from the
coal and iron centres are highly pleasing,
and speak volumes in favor Of better times
IN those sections"
At Chicago great activity" is reported
in nearly all departments Of the jobbing
trade. One OF the Tribtme'S reporters has
been interviewing representatives OF vari-
GUS wholesale branches of trade in that
city, ahd the result all around is highly
satisfactory. All lines OF business report
increased demand and an improvement in
prices, while collections are good and fail
ures, apparently, are events OF the past.
The iron manufacturers and dealers were
probably more jubilant than members of
other trades, ZONE OF them appearing to
have been completely carried away blythe
sudden upward movement in iron. One
firm states its belief that there will not be
iron enough to meet the demand, which
is beyond the present capacity, and in re-
ply to question whether they regarded
this as permanent prosperity or spasmodic
activity, replied: ut is strong and perma-
nent. Iron will not DO q fraction lower
between now and the LIST OF January. It
may be higher. We have had customers
begging for accommodations, but we are
unable to furnish them the goods" The
same firm considered there was no danger
otthe market being glutted with English
goods, even il prices advanced to points
which enabled British manufacturers 10
compete. within the next I've wears
25,OOO miles Of railway would be built in
the State, and that alone would have a
great effect on the market" Other firms
were equally confident.
The West Is famous Tor its enthusiasm
in trade matters as in other things, bat il
is to DO hoped that events will demon.
strate that there is something more sui.
SANTA! than mere enthusiasm in these
Quotations. The Minnesota papers all
write in a jubilant vein. ''The city is full
o. visitors" says the St. Paul Pioneer
Pres Of the Sd, land business in every
line is booming. The warehouses are
t!hronged with customers, and out-of.town
dealersare selecting very large stocks" At
Minneapolis, according to the same au.
thortty, wholesale houses report a very
large trade during the week, with promise
OF a fall trade surprising any former sea.
SON."
The Detroit Free Pre.s with reference to
iron and hardware, remarks: Casual OBJ
servers have been astonished by tho i'm
provements reported, but those directly
interested and fully posted as to the de-
mand and supply have accepted the same
as inevitable. 4 better feeling has pre-
vailed among jobbers, who are Of the gem
eral belief that the era OF depression that
has prevailed for several years past has
given way to a period Of prosperity. Men
Of means, several whose interests have
heretofore been confined to Board ofTrade
and banking circles, have manifested their
In an improvement by purchas.
ing large stocks to hold" The outlook
throughout Canada has not been very
cheering otlate, but the fog Is beginning.
to lift, "There Is now no doubt" accord.
ing tothe Montreal Herald, shat there il
more activity in trade than has been no.
hceable for some time, and though the
movement is not onalarge scale, yetthere
Is q turn for the better In many lines both
In the demand and in tho prices obtaipa.
ble, which causes the mercantile com.
munity to look forward with greater CON.
lidencei in the future.
AppNsAS non,aE 6n 49, n.. o.