The Middlebury register and Addison County journal. [volume] (Middlebury, Vt.) 1883-1885, 1885-07-24
4 BUSINESS REVIVAL.
Unusual Activity in Many Eastern
Branches of Trade.
Manufacturers Receiving Heavy
Orders From the South.

Boston dispatch says that an unusual &c
tivity has prevailed in the boot and shoe trade
during the past few weeks, and this has in
creased within ten days to such degree as to
give encouragement to manufacturers
throughout Massachusetts,. In speaking of
this matter to a Globe reporter, General A.
p. Martin said that this was generally
dull month, but that duplicate,
trplicate, and even quadruplex orders
have been coming in from the South so fast
that dealers here had all they could attend to.
The business has been gradually improving
for four or five months, but the rush has
come, he said, within ten days 1t signifies
that stocks of goods have been small through
out the country, and buyers are now obliged
to supply themselves for the fall trade, and
general improvement of business must result.
People are not buying for speculation, but
because they need the goods
81 have always observed throughout my
business experience" said General Martin,
THAT when we have had good demand from
the South it has inevitably been followed by
improved business all over the country. They
do not manufacture the goods there. They
buy what they need when they need it. These
recorders mean simply large consumption of
raw material from all parts of the country
of hides, wool, cotton and all classes of goods
when people are employed they spend money
freely
Lieutenant Governor Oliver Amas spoke
very positively reg lrdng the gradual i'm
provement now in progress, although he did
not believe there would be whas is generally
known as boom. In regard t. the basis of
his belief in Improvement he said: eve
have already seen it in some quarters. In the
shovel bu ,iness the record for June, 1883. was
batter than for the corresponding month
of the previous year. The stock mar
ket regard as a significant fac
tor. Stocks have greatly improved
within three weeks, and in my Judgment will
continue to do So This is a most important
fact No matter how rich man may be or
how large his income, if his money is invested
in stocks when stocks are low he will feel
poor. When stocks are high he will feel bet
ter and cease to economic. 1t makes money
plentier, and introduces n more satisfactory
sentiment at once when the stock market be
gins to improve. For my part believe the
change of the last few weeks has been n sig
niticant onen
a man who was present at a recent confer
ence of dry goods men and cotton and wool
en- manufacturers said that every one who
expressed himself upon the ject was max
ing preparations to meet an increasing de
mand, and firmly expected that machinery
would he in active operation in every New
England mill before many months in order
to meet that demand, and some merchants
are already calling back statesmen and clerks
Who hal been sent away early in the season.
In the lead, paint and oil business the con-
sumption has greatly increased, although
prices have not advanced much. One man
int rested in the manufacture of these articles
said: 81 do not think we will have a boom.
We do not want boom; but believe there
is going to be a fair, healthy steadily in
creasing trade. OF course we feel it sooner
than retailers After depression the manu-
facturers feel the improvement first and then
the wholesalers, but it takes some time to get
around to the retailers These men consti-
tute majority, and that fact perhaps ac-
counts for so much complaint of dull times :"
In reviewing the situation the Globe says:
This means the starting up of the factories,
the employment of many hands, and a re-
action in the dull markets of the raw mate
rails. Men of sound judgment will not see in
this merely accidental, isolated, or temporary
improvement, but, realizing that all our com
merclal enterprises are governed by the same
laws and subject TO the same influences, will
undertand that this is but the forerunner of
general return of confidence and activity