The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-09-07
A BUSINESS REVIVAL.
More Activity and Better Outlook than at
Any Time for Five Years Past.

NEW YORK, Sept 6.-The Times says: New
York merchants, jobbers and commission men,
are generally satisfied with the condition of
trade. Business is picking up, and shows in
most cases a very decided improvement Buy
ers for the fall trade have been, and continue
numerous, aud in many kinds of business very late
hours have to be kept by employees top pack IN and
forward the goods ordered. The long arrays of
boxes and cases piled up in front of business
houses down town, awaiting their turn to be
carted off, give strong ocular demonstration Of
busy season. Inquiries among merchants cor
roboIate the testimony of the mute witnesses
A noted feature is in the increase of orders from
athe South and Southwest. They are ordering
from there not only large quantities of goods,
but they are also demanding the finer grades
Dry goods men say that the outlook For the fall
trade with them is unusually bright In the
way of wholesale transactions the week
Just closed has been the largest of the season
Merchants from the West and South have nearly
finished their fall buying Only few of them
were left in the city yesterday, and their places
are being taken By merchants from less remote
sections of the country. The States of Ohio
Indiana Illinois, Michigan, Iowa, Wisconsin
and Minnesota are largely represented by the
merchants now in the market Almost without
account of the better outlook in their business
and firmer prices of goods. Prices for general
dry goods sufficiently firm to inspire conf
dence. Wholesale clothing houses report busi-
better than for several years past. The
most notable increase in demand is from the
South. Merchants estimate this increase at
fully 33 1.3 per cent The demand for clothing
in the Western States is also reported good
Boot and shoe houses say Taking it
all around, there is more doing this
season than at any previour time
for FIVE years. The wholesale his > and
leather trade reports business brisk at about old
prices Dealers in the glassware and crockery
trade feel very comfortable over the outlook for
the fall and winter. There has been no extra
ordinary demand for goods from any section,
but the tendency all over is toward better buy
ing and increased consumption. In tine iron
trade the one report is that business is flourish
ing. Manufacturers are busy; there is brisk
demand, and good prices prevail There is no
indication of a big boom, but big BOOM said
a leading iron man yesterday is not wanted
When trade is good we can keep our mills
steadily employed up to their limit. and we are
content. That is the now. We have
business that is remunerative business that
we believe has come to stay 1t does not par
take OF the boom character but rather is quiet
and on a solvent basis. It isn't to Ee
ephemeral and pass away, as booms do as
soon as they are first discovered. Present
prosperity Is going to last The leading com
panes report large inquiries for next year, and
at the office of one leading mill director on Sat
urdav, it was stated that nearly or quite all of
the steel rail manufacturers locomotive and gen
eral machinery builders now have not only
enough orders booked to keep them busy all this
year. b1t enough to insure business we'll into
1887 Big orders have been refused within the
last week for rails. The pig iron trade never
better than now, were the words used on Satur-
day by magnate in that line. Other related
industries are reported brisk and remuneratiye
The iron, steel and metal trades generally are
working now in perfect harmony. There is no
cutting Of rates There seems to be enough and
more than enough, for all to do. Large orders
for rails may have to 60 to England to
be filled, railroads here demanding supplies
faster than the crowded American mills can
turn out the product Hardware will be cheap
and abundant, and the volume of business prom
ises to be quite as good as last years Prices
have reached level which dealers claim to be as
low as that in England, and there is no prospect
of RISE The state of affairs has put a check
upon production. Manufacturers say they in.
tend to go slow. The wholesale grocers quote
trade better than it has been at this season of
the year in a long time. The tobacco and cigar
business holds its own. One of the most ex-
tensive dealers in watches in Maiden Lane said
yesterday that the watch and jewelry trade,
which is the frat to be affected by hard times
and the last to come up, is in better condition
than 1t has been for many years Inquiry
among the leading representatives Of the busi-
ness shows very encouraging state Of things"