New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-01
BUSINESS REVlVlNG.
THE OUTLOOK ENCOCRAGING'
NETWORK MERCHANTS TALK ABDUL
THE IMPROVED SITUATION
EXTENSIVE PREPARATIONS TO MEET The
GROWING TRADE-wHAT THE Ght"l

GROWING TRADE-wHAT THE GREAT
HOUSES HAVE DONE
After months OF inactivity and business depression
during which time al was gloom III 'he vi
district of New York, after time OF unrest anu "'
certainty as to the ability of houses ola IN '',e
and conservative In their methods 10 pull 'nioue'
ana q, a time when great financial concerns had 10
come TO the rescue OF houses on the verge Oh u'sa
ter which they did nothing TO pfing aoo".' az,
profits became so small and business so lBh. ''a'
every scheme looking toward retrenchmen' ""u -
exhausted: when working forces had peeh reuu'eu
70 tho Lowest possble number, 1t is only hd'ufa'
that the change In business for the better ana the
revival of trade should have more than Pass"is
notice. .,,oss
-. - ,o,,ce tho change The sidewalks Uttered
a,i,b hacking eases bearing the marks OF ali par
of the country the hurry and hustle OF the ou'sae
workers porters. draymen ana heipers' anu .-
smiling faces Of the statesmen on the store noo' a..
indicative of business. The stores which "eio
$50. o,osod At dusk for months brightly illu-
minated iii late at night and through the open
doors come the hum and buzz OF actNi'y' II,
notes most frequented by buyers are cro"ue'
and In the evening swarm with "drummers o" Wv
lookout for the country buyer. At the theatres anu
80 n,ocss of amusement the merchants from the
west and South are in large numbers ana
even during the inclement weather OF last WIEN
these signs of returning activity in business were
abundantly in evidence
EXPERIENCE OF HOlEl- MAN.
"Rusiness is as good as ever we knew 1t to be al
this season Of the year said downtown ho'ei
man. "Our house is usually full but some time
90 merchants came and stayed only day or so
ord went away feeling that they had come 10 IN"
market to no purpose The drumners had haiu
time to get a man TO remain over Jay "
Its ond altogether there seemed to be no life
O. business even If our rooms were hlicd with
,rasts Rut now" he added. there's snap IN ou'i-
ess. merchants stay their regular time; they seem
a. no buyng more freely If the signs at the cares
can be depended and It looks 10 me as IL '"e
hard times were pretty nearly over.
A. ono OF the hotels near the Grand Centrai ota-
.,o, 4, was said: I'VE can the change Tor the
ho,,or IN business and the difference between now
and last spring b. the way our guests act ror III
stance Last spring, when people came " 'o"" va
their way to some watering place OF 10 Eu'opo'
they timed themselves as 10 spend as htt'e ''"e
and money-!n New-York as possible Times are
hard they would say. and we must economize'
Well those same people. returning 10 to"r vi
their way home feel rich enough now u S''! ="
few days and have good time lay II all 10 'he
fact that with the adjournment OF congress "ie
scare ended 1870,
,rho sreo. six sale a few days ago at the auction
roou,s ~ Townsend & Mon;ant. No ST Leonard-st.'
demonstrated the fact that the pahicAy iee'''s
has vanished from the whoesae drysooos uis"''''
A great quantity Of foreign and domestic SIX was
sod at good prices about 100000 was realized ana
.ro,ar,s from, AL par,s OF the country bid spirit
ed:y for goods which could not be moved d IL"
weeks ago.
THE II b. CLAFLIN COMPANY
Horace I Fairchi.d of the II. b. Cabin Company
4, snaaklng of the business situation said: since
the asst week in August, there mas oeeh' "i'"o"'
any doubt a great revival ana actVl'! III d w
..-,.,ons NJ business This Is positively the case
with the drygoods jobbing trade. In which Inc os-
tr,bu,on Of merchandise 10 a. parts OF inc country
has hsen going on upon a scale which has rare.y
been exceeded ,
LAS 10 the causes which have led to TINS revival
II NAV be said that whatever ones views may oe
al regards the questions involved respecting the
,,riff itself the settlement of the question was sum
Glen, 10 terminate the .ong period o: de.aT whic'
had existed and for which settlement ohy '.iei
chants had long been deferrlng operations Aadeo
70 this" Mr.. Fsirchild sad. prices OF a" ki'a'
of merchandise were on an exceedingly %" oiss
and the merchant who came to New-fork 10 pur
chase goods was quick to find that he never before
got SO great value for his money To what extent
the supply distributed 10 distant parts OF me couh
try Wi: be sufficient 70 meet the wno'e season
requirements remains 10 be seen. and pruoeht mel
cannot forget that the consuming power OF many
actions has been .arge.y reduced by strikes D'
forest fires and excessive drouths
"These facts may on the hand offset the ow
rr,ce. ~ goods while on the other these low price:
r,ust Of themselves tend largely to increase con
sumption When the farmer begins TO see that nj
bushe, Of wheat has a buying power in the Eastern
market nearly. II not quite, equal 10 what II wal
wben II WAS bringing him much higher price, HI
will discover also that 1t Is not his product onl,
which has declined
f. 8. JAFFRAY & co
Nr Jaffray OF f s. Jaffray Co.. NJ 80 Broad
nv said. Trade is far ahead OF wha; il was il
1saa hnt there is no boom in business. The settle
rren, Of the tariff question and the scarcity OF good
rad much TO do with the revival OF business Their
4. a scarcity Of goods in many lines, ana that ma!
have a tendency to drive prices up somewhat ph
tho mills are busy and We have all reason 10 1901
forward to good trade in October and November
"It needs no great mind 20 see that II ten penn
uhistles are wanted and only six can be had ina
tho price Will 20 up, just IL would go down
there were more for sale than there was deman
for
7 n Sweetser OF Sweeser. Pembroke Co
wholesale drygoods No. 374 Broadway, said: "Busi
ness has been active with US for the last six week
because customers throughout the country feel tina
now they know exactly the bearing that the ne'
tariff has on the business OF the country
,hnk there have been more merchants in New
York than there have been for several years be
cause the stocks throughout the whole country ar
remarkably low.
Mr. Sweetser thought that there was little specu
,atye buying done in the drygoods line. ar
that purchasers were tempted by low price:
He said purchases made with great an
conservatism"
But the wholesale dealer Is not the only one VII
sees a change In business. The shopping distric
TRADE MARK