Millheim Journal. [volume] (Millheim, Pa.) 1876-1984, 1885-01-15
Miscellaneous News.
RENEWED LIFE IN DIFFERENT I
BRANCHES OF TRADE WITH THE
New YEAR.

The New York World presents in
teryiews with many business men of
that city, which shows Il better outlook
for trade. There is better feeling pre-
vailing and it would not be at all sur
prising if the opening spring would wit
ness a general REVIVAL of trade and a
frightening up of traffic in many d.
rections. No business man, be he ever
So sanguine, is rash enough to look for
boom of any kind worthy the name.
The exchanges are ali in state of ac-
tivity, but opinions on them are apt to
vary by sharp differences, according rs
the person spoken to has made or miss
ed good hit of trading.
John Claflin spoke for lis father, Mr..
Fl. B. Claflin, and for the dry goods
trade in general. lie said that the
question was beginning to be whether
there was any depression at all. The
last two weeks he continued, have
made quite change in the outlook of
things. Then we could get what we
wanted easy enough, now sellers are
holding on to their goods, which is al
ways sign that prices are about to go
up. Stocks are very low and the ac-
cumulation brought about by overpro-
duction is fast disappearing. That
means the starting up of the mills and
plenty of work for all hands. There
has been perhaps little staving off
here and there in the number and salar-
les of clerks in the dry goods trade, but
it has not amounted to any general re-
duction. 1t is safe to say that while
no particular boom is anticipated for
the spring trade the outlook is cOnsd-
erably better than 1t was two weeks a.
ge.'
Gardner r. Colby, of the firm Of
Harding, Colby & Co., one of the larg-
est commission houses in Leonard
street, said Z: we act as agents for
several large New England mills and
am therefore in position to know that
the outlook is favorable both for good
spring trade and for the employment of
the hitherto idle mill hands. Stocks
are low and prices cheap and the result
is that the goods on hand are rapidly
selling and manufacturers are making
preparations to supply tn market with
new fabrics. 1 don't say that there is
going to be very brisk trade, but the
general outlook is better than it has
been for some time past
III. X. Thurber, of the firm of Thur
ber, Wyland " Co.. spoke for the gro.
Gerry trade. Stocks are way down. he
said; formerly the warehouses were
bulging with goods and it was difficult
to obtain storage room, but within the
last few weeks the piles have been di-
minishing until now great vacant spac-
eS stare the warehousemen IN the face
and they are skirmishing around for
merchandise to put on storage and are
Offering very low rates. This is a good
sign for the demand in trade. Collec-
tions, too, are coming in easily, and
the few failures that have taken place
are the result of speculation rather than
of tht depression which has prevailed.
With all this, prices in groceries were
meyer so low as now. Coffee and tea are
equally cheap. Cheap goods means
rapid consumption and this in turn
necessitates the supplying of the con-
sumed stock and work for all. There
have been no reductions in the number
or salary of the men employed in the
grocery trade. believe the depression
is about over and that there are good
times ah aad.'