The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-09-07
BUSINESS PICKING UP.
ENCOURAGING OUTLOOK FOR
THE FALL TRADE.
New York JObbers ard Commission
Men Generally Satisfied With
Their Prospects.

NEW YORK, September 6.-Tbe Times
Gays: New York merchants, jobbers
and commission merchants are gener-
ally satisfied with the condit on OF
trade. Business is picking up and
shows in most cases q very decided
Improvement. Buyers for the fall
trade have been and continue numer-
GUS, and in many kinds OF business
very late hours have to be kept by
employers to psck up and forward
the goods ordered. The long arrays
of boxes and cases piled up in front of
business houses down town and await
ing their turn to be carted off give
stroug ocular demonstration OF busy
season. Inquiries among merchants
corroborate the testimony OF the mute
witnesses. A noted feature is ia the
increase of orders from the South and
Southwest. Tney are ordering from
there not only large quantities of goods
but they are also demanding the finer
grades. Dry gooCs men say the out
lock for the fail trade with them is I'M
usually bright In the wsy OF wholesale
transactions the week Just closed has
been the largest OF the season. Mer-
chants from the West and South have
nearly finished their fall buying. On
ly few of them were left in the city
yesterday Their places are being
taken by merchants from lees 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
exception the merchants are buying
freely on account of the better outlook
in their business and firmer prices of
goods. Prices for general dry goods
are sufficiently firm to inspire conf
dence. Wholesale clothing houses re-
port business better than for many
years past. The most notable increase
in demand is from the South. Mer-
chants estimate this increase at fully
1874 per cent TIE demand for cloth
ing in the Western States is also re-
ported good. Boot and shoe houses
say: "Taking it all around, there is
more doing this season than at any
time previous for five year,"
The wholesale hide and leather
trade reports business brisk at about
old prices.
Dealers in the glassware and crock
cry trade feel very comfortable over
the outlook fer the fall and winter.
There has been no extraordinary de-
mand for goods from any section, but
the tendency all over is toward better
buying and increased consumption.
In the iron trade the one report is
that business is fourishing. Manu-
facturers are busy; there is brisk de-
mand ard good prices prevail. There
is no indication of a big boom, but a
big boom, said leading iron man
yesterday, is not wanted. When trade
is good we can keep our mills steadily
employed up to their limit, and then
we are content. That is the case now.
We have business that is remunera-
tive-a business that we believe has
come to stay. 1t does rot partake of
the boom character, but rather is quiet
and on solvent basis. 1t is not to be
ephemersl and pass away rs
booms DO ss soon i as they are
first discovered. Present prosperity
is going to last. The leading COM
panles report large inquiries for next
year, and at the office of one leading
mill director Saturday it was stated
that nearly or quite all OF the steel rail
manufacturers, locomotive and general
machinery builders now have not only
enough orders booked to keep them |
busy all this year, but enough as we'll |
to insure we'll into 1887. Big orders
have been refused within the last
week for rails. ''The pig iron trade
was never bet er than now" were the |
words used Saturday by a magDate in |
that line. o her related industries |
are reported brisk and remunerative.
The iron, steel and metal trades gener-
ally are working now in perfect har-
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 go 10
Epglsnd to be filed, railroads here
supplies faster than
the crowded American mills can turn
out the product Hardware will be
cheap and abundant, and the volume
Of business promises to be quite as
good as last yeays. Prices have reached
q level which dealers claim to bs as
low as that in England. There lie no
prospect OF q rise. The state of affairs
hes put a check upon production.
Manufacturers say they intend to go
slow.
The wholesale grocers quote trade
better than it has been at this season
If the year in long time. The to-
oacco and cigar business holds It's
OWN.
One of the most extensive dealers
N watches in Maiden Lane said yes
;erday that the watch and jewelry
.rade, which is the first to be affected
by hard times, and the last to come
Up, is in better condition than it has
been for many years. Inquiry among
he leading representatives of the
business shows a very encouraging
\ ata of ihiV1Ou