St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-06
JOBBERS ARE JOYOUS
The History Of st. Paul Never
Duplicated the Business Of
August.
from Every Quarter Tribu-
AIRY to the City Come Rays
Of Brightness.
Harbingers Of the Best Times
We Ever Saw Are Apparent
Everywhere.
st. Paul Jobbers Jubiantly
Give Voice to the Buoyant
Hopes.

the heaviest months business from
Aug l to 81, that they have ever done
in the history of wholesaling in this
city. The prospect is that the present
month Will exceed the one just past in
the magnitude of the business done. In
fact, trade has taken wonderful rise.
To use the expressive phrase applied by
a jubilant wholesaler yesterday after
noon, it is Tout of sight" a GLOBE
representative yesterday made run OF
the wholesale houses, and everywhere
the verdict was the same. "Things are
booming; we haven't done as heavy a
business since our establishment"
That is what everyone says in
the jobbing trades. Not dis
sentieut voice from end to
end of the line. Last spring, when
questioned as to the outlook, wholesale
merchants shook their heads and looked
dubious. Collections were bad. ST. Paul
jObbers were heavy holders of Dakota
paper. North and South. and the out
look for anything like speedy realIZa-
ton on these holdings was gloomy
one. Only one thing could put Da-
kota merchants in a position to pay
their bills, and that was first rate crop.
There had been failure after failure.
Farmers could not pay, country mer-
chants couldn't collect cent. and the
burden fell on the wholesale men of st.
Paul and Minneapolis. Then there
came the cry from the stricken district:
Help us to get seed and we will pay
our debts. dollar for dollar
The railroad companies, backed by
the wholesalers of st. Paul and Mime
apOliS, respond. In week they raised
$3.50, 900 and the Dakotas were cropped.
The result has exceeded The most san
guine expectations. There never has
been such crop since Dakota became
a territory. In TWO weeks from to-day,
according to the statements of the men
best capable of judging, the railroads
will be totally incapable of moving the
crop. There is more than the combined
railway capacity of the two states can
carry, with the tendency now
noticeable to move the newly
threShed grain at once. There is
not cloud in sight in the trade horizon.
The sky is perfectly clear, and the men
who stayed by the stricken counties in
North and South Dakota are reaping
the reward that is their due.
a Roseate View.
Finch, Van Slyke, Young IL Co., as
representative of the dry goods trade,
report that August was the biggest
month for them since their establish
ment. George r. Finch told the GLOBE
man yesterday afternoon that there was
prosperity in the air. The Minnesota
harvest was revelation. Where farm
ers looked for twenty bushels of wheat
to the acre they threshed out twenty
five or thirty. The agricultural inter-
estS OF the state were never in so pros
porous a condition.
"Our firm said Mr.. Finch stayed by the
merchants in the poorer Dakota counties,
North and South. whom everything looked
black for them. They were furnished with
what goods they absolutely needed TO supply
their trade. They could sell nothingl but
the most absolute necessaries. Now the
DakotaS are i'll the ascendant. Their crop
Is marvel The farmers can and are pay
ing their debts, and the merchants are able
TO meet all their old obligations and con-
tract any new debts they choose with the
fun prospect of being able to pay to the
minute when their notes come due. We
have twenty-five men out now and are, as
already stated handling the heaviest trade
we have ever had. Our prospects for the
fall are brilliant, and the turn of events we
have SO patiently waited for, has come"
Rest i'm History.
Gordon g. Ferguson, hats, caps, furs,
etc, are equally elated at the situation.
Paul ID. Ferguson, IN speaking of the
outlook last evening, said:
TRADE is the best in our history. The diff
ference between this fall and last is lust as
different as the difference between night and
day. No other comparison can be made.
Last season the country dealer dared not buy.
The reason was that no one could buy from
him. His customers the farmers, already
owed him heavy bills, and he in turn had
notes drawing interest with the wholesaler
Now all this is changed. Every farmer In
Minnesota has good crop. Every farmer
III the two Dakotas has the same. The differ
ence Is apparent with us. Lines of goods
from which we have not SOLD a dollars worth
10 Dakota merchants in three years past are
now going ike not cakes. Ii IS all we can
do TO supply our trade. The tide of fortune
has turned, and the world is ours
Money Pouring Hn.
In every line it is the same, but To
quote the representatives of the large
houses is perhaps the most convincing
argument.
NJ. w. Fitzgerald, of the wholesale
leather firm OF Hardenburgh 81 Co.,
says:
The transformation is wonderful. In
Ramsey, Nelson and Eddy counties, North
Dakota, and Brown, Edwards and McPher-
son counties, South Dakota, there had bee n
up to this year, repeated crop failures. The
severity or the situation was magnified
somewhat, but it was bad enough, and anoth
er failure would have depopulated the
stricken counties. All the merchants in the
towns up North there had Old bills to meet,
and they had reached the limit of endurance.
Severity by the wholesalers here would
have precipitated ruin in hundred,
of instances. They held off. and now the,
are in position TO get their money and 10
more with it, In Hand Beadle and kingsley
counties the crops were total failure, anC
seml-starvation was the order there through
20 ~ M ar,re tneO
will thresh over twenty bushels of wheat TO
every acre seeded this year There is more
money in sight in Minnesota and Dakots
than ever before since 49, and SO. l know
from the reports of my men on the road tina
farmers are threshing from 2j TO 40 bushels il
all the hitherto depressed districts. Thi:
firm never did as much business IN any TIVE
months as it did in the month of Angus
just closed. 1t will do a heavier business
still this month and next Collections have
been good since the crop began TO move
There is not chance for complaint any
where.
Schliek & Co., wholesale boots anC
shoes, duplicate the statements of the
other lines. Their trade for August ex
ceeded the widest estimate.
A Wonderful Boom.
Col.W .Granger. of the firm of Griggs
Cooper d Co., speaking for the grocer,
trade, says:
"In the past thirty days trade has taken
wonderful boom. The Dakota trade is tn,
best and safest since the territory was first
named. Collections are good aud will bt
better. Hard times have driven out thu
poorer merchants in the country districts
and only the best and safest are left. Gu
trade this fall will be the largest for tel
years.
In hardware. light and heavy. and tn
lighter lines of trade, millinery, etc.
the answers to questions on the state O
trade are all the same. st. Paul, Min
neapolis and the Northwest are on tn
eve of an era of prosperity to excee,
anything experienced for dozen year
past. The result of the harvesting O
the immense crop will not be fully fel
in other business walks for thirty day
yet. Then when the money the farme
gets for his wheat is put in circulation
look out for a boom in everything. |
may be added, that despite "the circu
lar" farmers are not holding thei
wheat minute longer than is neeessar,
to get it threshed and to market. The
have notes bearing interest. and the