Year: 1873

branches OF trade was shown. To-day the results
OF inquiries among the dry goods dealers, leather
merchants and builders Is presented in the follow
ing reports.


Dry Goods.
The establishment OF the Prince OF dry goods
merchants was visited yesterday, as a rumor had
been current that the employees on one entire floor
had all been summarily dismissed. The Prince
who requested that his name might not be men
tioned-was in excellent spirits, considering these
"hard times" When asked whether the rumor
above mentioned had any foundation, he said none
whatever. He had neither discharged any OF his
hands-he employed about 500 in this city alone
nor had he reduced their wages, and he did not
anticipate doing SO during the winter When
asked whether the panic had affected his busi-
ness at all, he said: :-"My business is better now
than ii was before the panic. Instead of discharg-
ing any men have advertised for more men,
you can see from my advertisement in to-day'S
HERALD. BY the way,n he exclaimed, looking lost
at the reporters studs, II see am good deal
poorer than you.


you CAN AFFORD TO WEAR STUDS
and ! can't' (and he pointed at his plain shirt


ayes, you are getting to be quite poor"


ION plenty OF money; plenty OF money! ne
That's more than most others can say. We've
plenty OF money This panic does not AFFECT my
every panic. In 1887 / coined money: in 1857
made mints Of money, and now ! am making cent
or two."


General Manager, who said that they had averaged
5000 packages delivery per day. and that they had
They We're We're constantly M in want Of good men, and
would be glad TO employ them without dlsmissing
any Of thelr old hands: M Taking naI, the reporter
out the magnidcence of the establishment,
the like Of which, he said, the world would
never see again. Pointing at the women who
were sewing carpets. he said, 'TheSe women get
50 or $40 week; that's not bad" In regard to
the wages he said they were very high indeed,
the good men would average $1,000 year, but
some OF them had to be content with $l4 week.
At the same time they took no inexperienced men
Whatever--all their men had to be


EXPERIENCED, QUICK, PROMPT AND CIVIL.


''Why, regard to the other Establishments
Il DON'T know whether they are losing money;f
hope they are all making as much money as am;
more. Qaughing.) ! never regard them with
as cat does mouse. Why it's Just alter panic
that man can show how he understands the art
oil making money. Striking his breast.) We are
prepared 1or them (meaning the panic)-let them
Gomez


which he manufactured, but that he had discharged
OF the hands employ ed in these mills and had
no intention of doing SO. He always wanted good
men. II man stood there and rubbed his hands
and hemmed and hawed when a customer ad-
dressed him there was not much chance for him,
but II he up to the mark he (the Prince) would
never discharge him. He then told spicy little
story showing how he had served some stone





eight hours and the old pay but required them to
work with both hands at the same time and


AT 1T TOOTH AND NAIL.


This was too much for them and they had to re.
turn to the old system.


The reporter also called at the Office OF Arnold.
Constable h Co. He was told by one OF the man
ayers representing the firm that the number OF
hands employed mad not been reduced, all the
rumors to the contrary Notwithstanding, neither
had the wages been cut down. There would
probably be no reduction OF the number OF hands
until January, when all the dry goods houses OF
tine city had to dismiss many hands, as manufac-
turing ceased at that time. Generally they were
only one month out Of employment, as they were
not aected their business materially. ess EXCEPT in
very expensive goods. but the general trade was
very good, indeed. They employed 1000 hands,
quence OF the panic.


The Leather Trade.


HERALD reporter took a walk through the
"swamp' yesterday, looking after the condi-
tion OF the leather trade and the effect
OF money strngency upon It, He talked
with members or several leading houses,
and all told the same story OF dull business and
depression, with slight falling OF in prices OF
leather for cash. Sole leather is the staple OF the
swamp" Merchants in that trade need, in the
first place, fair amount or capital. They do a
quiet trade, do not dash make no display and
generally conduct their business with small
expenses. Hides, either from domestic saugh-
tering OF from import, are bought by the
swamp merchants and sent to the country tan
neres to be converted into sole leather. This takes
from eight months to year before they expect to
SELL that the trade is not liable to such sudden
changes as some other branches. New England
manu- acturers use most OF the sole leather made
for the swamp dealers at the large tanneres in
northern and western New York and Pennsyl-
vana, mainly along the line OF the Erie Railroad
near the great hemlock forests which furnish the
tanbark. New England Is holding back its orders
leather crop But this is not large nor coming in
rapidly. Most OF the dealers


HAVE SEEN THE STORM COMING,


kept their stocks in the watts small and not hur-
red the tanners about finishing up the cured
leather and sending it into market. Apparently
not more than hall the usual trade OF this season
OF the year is now going on at present yet the
merchants do not seem at all worried. They
not increasing their credits the leather Is good for
expects good times to succeed the depression.
Only one business failure has occurred In the
swamp since the pressure OF the money market
begun, and that was the result OF operations out
side OF leather No further stoppages are antici-
mated. The leather merchants leel able TO wait for
better times meanwhile doing a reduced busi-
ness 10 meet the great reduction In the shoe man
ufacture OF New England.


UPPER LEATHER.


The thinner leather, used for other parts OF boots
and shoes than the soles, does not enter largely
mostly at Boston and that vicinity the skins being
bought here from the butchers and importers. Oh
course. the manufacture OF this class OF leather has
also declined, In common with that oil sole leather,
from tile smaller activity OF the shoe manufacture.
Leather is not, as a general thing, sent from New
York 10 the West, that market being supplied by
the neighborhood tanneres and by large establish
ments IN Buffalo, Chicago aud Milwaukee. The
swamp, sells to the home manuiacturer, wnicn Is
toners by far are those great shops OF Lynn, Milford
and other New England towns


II was generally asserted that, for some time
prior to this year, the leather manufacture had
been rather overdone, and It appears that this
duced caution. Very much less hides have been
sent to the tanneries, and the leather trade is
less extended than many other branches OF COM
merce. Just now there Is limited demand for
leather for export to Europe, which, though not
very large or general, affords some relief to the
burdens borne 10y the capitalists of the swamp
who as class, are conservative, keep their
means employed in their own trade and do not
embark in Buchu enterprises They consider their
aofn n sid n laaf 10 not ~ fad