St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-29
A Revival Of Confidence In
All Branches of st. Paul
Jobbing,
AS the Result Of Cpop-En-
n riched Farmers Paying
.lh ALI Claims.
That the Entire Fall Trade
Will Meet Fondest Ex-
pectatiOnS,
Is the General Sentiment
e Expressed to the Globe
by the Jobbers.

For the past two or three years poor
or Indifferent crops have had bad
effect upon all sorts of business in st.
Paul. There is no use in concealing the
fact that st. Paul is dependent almost
entirely upon agricultural interests for
its prosperity. When there are poor
crops in Minnesota, Dakota and Iowa
times are quiet in st. Paul, while good
crop produces lively times. The crops
have not been good during the last two
or three years, while this year the crop
has been splendid in almost all parts of
the territory tributary to st. Paul. All
wholesale merchants report that their
customers are meeting their obliga-
tons in manner that is entirely
satisfactory. The wheat has scarcely
begun to move yet, as the farmers real
1ze that better prices can be had later
on, but the crop has been so good that
the merchants are feeling easy in the
confidence that the farmers will settle
up inside of the next month. They are
therefore meeting obligations that have
been outstanding for some time. and
this has created feeling of decided
sale men. All of the latter are looking
forward to good fall and winter bust
ness, and report trade now as all that
they could desire. The country mer-
chants as rule have learned that they
cannot get credit as easily as they used
to be able to, and the effect of this has
been that their orders have been for
what they really need, and have had
little of the speculative element,
Mast, Buford & Burwell, Agricultural
ImplementS-In our particular line of
business trade is always dull at this time
of the year. Our business runs in sea-
sons more than any other. and this is
just the dullest time of the year. PeO-
pie buy carriages and carts in the
spring and early summer, but wait un-
til the frost comes before they buy
sleighs, The years business has been
good with US, and though business is
light at present. the prospects are first
rate. Business i'll the country appears
TO be good, and though we expect no
have every reason to believe that the
country merchants are we'll off and can
meet their obligations without diff
Guilty.
! Foot, SchulZe & Co.. Boots and Shoes
The prospect for fall and winter trade
is first-rate. The country merchants
are meeting their obligations Ill a most
satisfactory way. Last year they over
stocked, but this cannot be said of them
this year. as their orders are almost
universally for goods that are ALSO
futely necessary for immediate bust
ness. There has been a good crop in
most parts of the country, and whole
salers will feel the result as soon as the
farmers get their produce sold. We
can say that the prospect for this fall is
better than it has been for many years.
Allen, Moon & Co., GrOcers-We have
had no better business in eight years
than we are having now. Though
river country, it is better in the South
west. We are placing good orders
everywhere. and money is as rule
coming in we'll. The country merch-
ants are meeting their obligations
well, and we are confident that the fall
business will be better than the average.
Our custom erS are meeting their OBJ
legations well, and we have nothing to
complain of.
P. E. l.. Hardenbergh-Leath bust
ness with us is better than it has been
for some time. The prospects for the
fall and winter are most encouraging.
Collections are very good and the cOun-
try merchants are paying up we'll. Last
fall we had to take the notes of num-
Der of men, but these are all being
taken up this year. This is most IA
vorable Indication, and shows the result
of the education we have been giving
these mep. They used to be able to get
credit altogether too cheap. but we have
been teaching them that they must trade
in moro huSiuacC-liL<Q ypaU rrhov ORC
fast approaching this fact. and finding
they cannot get all the credit they want,
are only ordering what they can pay
for.
CIV. Hackett g. Co., Hardware-Bus-
inneSS was never better in our particu-
lar line-that of hardware. The mer-
chants throughout the country seem to
be strongly fixed financially, and are
meeting their obligations with unusual
promptitude. Collections are fair, and
the prospects seem to be improving as
fall draws near. The prospect for the
win ter was never better.
7. Moves Bros. & Cutler. Drugs-Our
business has been better than it was
last year. Though some of our custom
ers complain that the farmers are not
selling their grain, and that this Keeps
their collections back, they are remit
tfIlS Ill way bfldJ 10 Nci1 Satisfactory,
taking everything into consideration.
While in some districts the crop has
been light, i'm the majority of cases it
has been above the average, and our
customers are paying up well. In Min
neSota and Dakota the crops have been
good. but in South Dakota, where they
have fallen behind to some extent, col
lectionS are not so good. Everything
depends on the price of wheat; if the
farmers get good figure, business will
be good. The merchants through the
country have been holding their stocks
down, having learned a salutary lesson
from previous years. Credits are not
nearly so large as usual, and collections
are better than in former years. We
have every confidence of good BUSH
ness for the fall and winter.
+ The Powers Dry Goods Co.-Trade is
as good as usual, il not better. Our
sales have been ahead of most years.
The country merchants are buying eau
tiously and with no tendency to Specu-
latiOn. They are not anticipating their
wants, but are simply buying the goods
they actually need. Collections are
slow and will continue so until the
6 wheat begins to move. We have great
! confidence i'll the outlook for steady
| fall and winter trade. In our line this
warm weather is rather against US, but,
of course, that we cannot help. 1t
makes our sales of wooden goods light,
/ but our prospect for winter business is
! decidedly ahead of most years.
ID. A. Monfort, of the Second National
Bank-How is trade? Well, sir, | may
truthfully remark that trade is infinitely
better than it has been for several years
past, and indications are for return of
the old rushing order of trade that the
city has known in the past. Undoubt-
eddy the good crops have had good
deal to do with the change, though
scarcely a kernel of grain has been
marketed as yet The revival is in an
/ ticipation, however, and is none the
less a good Indication. Collections are
not yet what they should be, but hold
ers have the satisfaction of knowing
that settlement is now but matter of
few weeks, for as soon as the farmers
begin to sell there will be millions of
dollars turned loose that are now in the
xuhoof hinc