The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-08-22
Chicago Wholesale Houses
Report q Satisfactory Com
dition OF Affairs.
Collections Very Good and Failures
Few and Of Little
Significance,
The Business Of the Year Thus Far
Phenomenal and the Out
look Very Good
CHucAao. Aua "A.

CHICAGO, Aug. "a
Inquiries among the leading Chicago
houses demonstrate the fact that not only
was good average trade expected this fall,
but that the indications point 10 10 little
better business than usual. This predic-
tron was predicatsd on the assumed fact
that II would be In spite of aud not on ac-
count OF especially advantageous eondI-
tions. Most OF the people seen said that
their business W. one supplying the me-
cossities OF life. Farmers had TO be clothed
even II they did not ct good prices for
their crops, and the smaller merchants in
the smaller towns are forced to buy goods,
even IL they have to wait long time for
the payment
In short, the wholesale business Of Chi
cago In the dry goods aud clothing lines is
lust now extremely active. Manager Doug
las, Of the II. q. Dun Il Go. Mercantile
agency, said: We are receiving M sx-
more than We ever did before.
This, OF course, might mean that sellers
are extremely cautions, bat IL is more
likely TO Prove that orders to the Wholesale
honces are coming in faster than before.
and this idea Is further carried out by the
following report which the Dun agency has
inst turned Ia:
Interviews with the leading whole sale houses
of Chicago reveal an extremely "a isfactory
condition of trade. With few exceptions the
BUSINESS OF the year thus far IL said to have
been phenomenal and the outlook very gpod.
In some lines, particularly In clothing and
Goth. the orders which we're placed quite freely
for fall trade were oountsnnandsd, owing 20
drouth Ia seme quarters. but are again coming
in. Good weather and an increase in the price
OF cereals has restored confidence. The fali
trade has just begun. Buyers are Just coming
into market Collections are uniformly re-
ported satisfactory, and failures few and es
little Significance. Soma houses predict the
best business Of any year since 1874 What IL
satd of tho large houses can also De said og the
smaller onea.
The above IL good sample of the situa-
ton as found by q reporter, who covered
the same ground. Ths boot and shoe men
reported that they we're unable TO keep np
with their orders. There are many fac
tories ln Chicago, some OF them large ones.
bus they are all being worked to their fuil
capacity. The hat and cap trade 10 the
same. Dry goods show more than good
sale TIE demand is, Of course, mainly
for the heavier goods. La all three Of
these trades prices are slightly advanced,
nd In boots and shoes tha prediction Is
that they will 90 higher. la ready made
clothing fair market Is encountered aud
only an ordinary year is predictej. A
large number of the county stores are
fairly stocked with the cheaper goods, bnt
not 80 heavily as II generally supposed,
aud the demand for these staples ID conse-
quently not as great as might be. TIE
better class OF goods 10, however, in good
call and the wholesale houses expect a
prosperous winters trade, although they
are not looking for boom.