Morning journal and courier., 1882-01-06
CORRESPONDENCE.
Business, It's Present Condition and Pros-
 pect-New Haven Manufacturing Inter-

Business. It's Present Condition and Pros-
 pect-Nevv Haven Manufacturing Inter-
 ests.
 ON THE CARS, Jan. 4.
 To the Editor Qf the JOURNAL COURIER:
 On starting out to begin the business of
 another year it is well to take 6 look back
 ward as well as forward and baso plans for
 the future upon the experience of the past.
 From all that can be gathered by observation
 and reading the year of 1881 was one of the
 most prosperous this country ever saw and
 in the general benefits New England had 8
 liberal share. Nor was our own city an ex-
 ception, for all branches of business were
 fairly "burdened" with prosperity A single
 illustration will give'your numerous readers
 an idea of the truth of this statement. in our
 business we wished to build quantity of
 new machinery, the patents on which we
 control, and after getting the proper draw
 ings made we looked in vain for several
 weeks to find single machine shop that was
 not so fllsd with orders ahead that they declined to take new contracts even at much advanced price. Let several parties, bringing almost word for word alike one expression, and all with the answer before stated. Every kind of estab- lished manufacturing is, and has been, driven to work overtime and still the stock of manufactured goods has found a ready mar ket The best reason for supposing this will continue for awhile longer is that there is no particular advance in prices so long as spec ulation does not govern production there will be no danger of trouble. Goods are sold to- day at such prices as to pay fair margin to those who make them, both to the labor and the capital employed, and therefore so long as this continues and goods are sold for con- l sumption and not held for speculation, mat ters will continue to go on smoothly and proSperously.
 To day, travelling through the valley of the l Connecticut, careful inquiry proved most l healthy condition of every kind of business l there engaged in, with much encouragement for the coming year. The dry goods trade, with which the writer has the most dealing, all report their sales for the holidays, not withstanding the unfavorable weather as very good and highly satisfactory, and they were ready in nearly every case to place new orders for the coming season at least month ahead of last year. Another fact that shows general prosperity is that in our own busi- ness not dollar has been lost in the past 1 year by failure, although we have had some narrow escapes. We have in common with l many of our New Haven manufacturers, been obliged by our increasing business to enlarge our quarters and add to our producing capac- 1 ity, which from the present outlook will again be too limited for our demands New Haven, which has been the mother of inyen- tiions in our line, is to-day putting upon the
 market the very best and most improved ma- chimes, which the larger cities have been fore ed to adopt in order to come into successful competition, and in the general progress of things all manufacturers are alive to obtain all modern improvements, as their whole suc-
 cess turnss upon that single point. To-day New Haven takes more prominent position as manufacturing city than ever before and if still more liberal spirit of enterprise was allowed to influence some of it's moneyed men it might go still further to the front in that direction. M 0. $.