New-York tribune., 1908-05-23
BETTER SIGNSIN TRADE
MORE ORDERS COMING IN.
Reports from Drygoods Retailers
Indicate Normal Business.

,-.~-...,,-..s ~, .vro Of the largest wholesale
and jobbing drygoods houses IN ene us, .
YESTERDAY that the last few days han oioNe
e,s-inct Improvement in trade. ano enaA 80
-,..,,as from their travelling salesmen were ho'
o,lv in considerably increased volume LIE
but that unsolicited orders were conihe ~ oe--s
The following statement OF tae
made by the H B. Cafiin Company;
Tho cotton goods business Is al pleseNe
.--o,ea- than II has been for some time soine "a
the gray goods have advanced oonsioeraoiE aHo
are in very much better demand 1here 10 su'.
tendency on the part Of some houses 10 Cu' -
the market prices Of staple gooos 1or 49,, auN ,
purposes but as the market gathers sIeneth res
attention will ne paid TO the cuts OF that hlno-
The new prices made in beached goods oF 'he
agents developed considerable strength IN INC ma
let and showed that large Buyers are reans u
place considerable orders at the new price ana.
An fact the market could have been very much
oversold Il al offers 10 purchase had oeen ao-
cepted.'
1t was added that retailers throughout the coon-
,-v pe-e having q normal business. and although
their stocks were large at the beginning Of the
year they had been much reduced and the urne
was drawing near when they would have TO come
into the market for fresh supplies Inc conunueo
strength Of the spot cotton market Tor sood oudi
.tv Of cotton. il was said. would prevent another
reaction in the price Of gray goods such as mao
fee, shown in the last three months. The auc-
ton sales recently OF printed goods, 1t was saiu
had cleared the market of q ,ot Of merchandise
that stood in the way Of conyerters and PRIMERS
turning out any quantity Of new goods, ana mao
had the effect Of settling prices in that line
Charles N. Allen, of Tefft, Weller & Co. SAID:
Sentiment. orders and collections are distinctly
better, and that sums up the SITUATION MOI oillS
are orders coming in in considerably increased VOL
urne from our travelling statesmen, but voluntary
or unsolicited orders daily making their ap-
rearance fair statement would be that last
weeks business increased about 20 per cent over
the week before, and this weeks about 20 per cent
over last weeks.
THE sale Of the stock OF the Arnold Print Works
on Tuesday was an unqualified success; and, what
Is enoourag ging featIre, the large quantity Of
goods disposed OF insufficient to ill the oe-
rrands of the buyers in town attend the SAFE
and they bought largely from jobbers and whole
salers.'
Speaking Of business conditions In general Nj
in evidence before the panic should be rapid
snd said thar recognition Of this had been shown
recently in the speculative markets He added
No immediate boom is possible As over four
hundred thousand idle the railroads Of
this country, and there is large number of
ployed iaborers in New York. Philadelphia and
New England, the purchasing power Of the people
has been impaired considerably. However. the
great body Of consumers through the agricultural
SECTIONS OF the country, enjoying continuance
OF unexampled prosperity. Instead OF being Dor
rowers they are investors. This is the
strength Of the present situation"