The Washington herald., 1908-02-13

New York. Feb IA remarkable re-
covery Of business confidence through
out the country and a bright outlook for
all the trades during the spring season
are now realities which are arousing big
manufacturing concerns here and else
where to unusual effort after months Of
trying depression, Leading wholesale
houses of the city are overrun with buy
ers from the West and South, and the
quantity of goods being purchased daily
is likely to force at an early date full
force operations at all the plants where
articles OF various kinds are manufac-
tured
An army of at least $3.50 eager buyers
is at present camped in this city, and
it is growing almost hourly. Several
firms found IL necessary 10 keep their
stores open to-day-a hoIiday-to handle
the great volume Of business, which has
many of the characteristics Of a tidal
wave.
"A vice president of one of the big de-
partment stores was enthusiastic over the
outlook, and declared with emphasis that
business would continue 10 improve If the
calamity howlers would only keep their
hands off.
The confidence of the people ia the
Middle West and South has been COM
pletely restored, he said.
Have Ready Money.
The invaders, with ready money, are
here in greater numbers than in other
years. and the big manufacturers are
happy indeed over the forecast of pros
perity. Coming swift on the heels OF a
period during which cash was scarce and
confidence way below par, che new i'm
petus given to trade has caught many
manufacturers short of goods Hurry
orders for a quick replenishment Of stock
have gone out. and II is predicted that
thousands of men and women who were
forced into idleness several months ago.
when there was d general iay-off Of help.
viii soon be working full hours at the
old wage In fact, the movement back
20 work has already set in, as has been
indicated in dispatches from many man
utacturing centers
Business is so prosperous in the West
that buyers have found It necessary 10
come here sooner than usual to stock up
for the spring trade
Dbillt OF the DIX " eSIeTn houses nave
sold ont almost all of the goods they had.
and this means q great era OF prosperity.
according TO those who keep their fingers
on the country's business pulse.
SSO,OOO,OOO Coming.
1t is generally agreed among city mer-
chants that the average amount spent by
each buyer is SlO0e0. This practically
means that with the ordinary trade $50
100000 will be spent IN this city by the
buyers for the spring trade.
Despite the fact that thousands of buy
ers have taken advantage Of the Mer-
chants Association excursion. with its
special railroad rate, manufacturers here
say that there are hundreds Of new faces
The regulars have been re-enforced by
the representatives Of concerns which or
dinarily do not show such unusual ac-
tivity at this period Of the year. The new
arrivals report that the country banks
are almost fully recovered from the re-
cent panic. and are beginning TO make
loans. After Starving themselves for
many months so far as goods are con-
cerned, Western merchants with money
in pocket from accommodating banks, are
now gorging themselves with apparent
glee.
Il Is generally agreed among buyers
frcm all over the country that in less
than a month the financial furry will
have been entirely forgotten