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The Price Of Dry-goods

The Price Of Dry-goods image
Parent Issue
Day
24
Month
November
Year
1865
Copyright
Public Domain
OCR Text

Tbo New York Dry GoocVa Reporter discoursee in this wise : " Slow iind sure have foreign gooda been fioding their way into the cbaiiuelg of oocsuiiipüon during the past four months, eveu uoder the high tariff, and we eannot arrive at the oncii!si:m that these goods havo been fetched hero lo soll at a loss, uut wc can form au opiuion that domestic producers have been realizing large profits, and now if thoy desire to i tt:iii tluit bold upoa the inaiket which they havo gained during the paft three yeure, then we say they had rnueh beller siuk a portion of the profits and give tha pooplo at large oheapar good. We waut uo war price auy lonuor. It will not do to teil us that hurnU are 011 a strike, and labor and everything 3 liigher thno ever. This lánguage sounds sírange iiuív idiiys, yet wc have the noivs from New Eaglaüd, tb it the Millvillo Mili iaclosod, as the operatives are on a strit:e for au advaneed salury of 10 per cent. Tlio fact of the matter is, prices of all crrttons and most woole ns have been too high this 8eason,.biH we cunuot hok manufacturera or thoir agents to accoun ibr thij, as many stylea o-pened compar atively low, until ;n active demaud am a groat scur ity of goods canicd price to unbouadcd lirnits, oontrary to our wislies. This completely oheoked OOQS'.iusplion, as iq prcdiet.ed, and wo are now forcod to wulïer the conscqucnces. We rju.-t tiii.'1'e-fiin; go back to Iha ror[■li c mditicm oi thiigs - tü rjti-s suffi cii-nlly luw tü inspire the trade vvith eo;íid'j!ieo that priecs wiil have touehed botlo.'ii, üud uut il wa do this, business wül remain sluggish even though the whole country needed tjoods. Ilecently vvo have been approacliing this s'.ate of thiügs very iaat, and already prices of somo tyles have fallen to figures sufficiently teaiptiug lo invite custom, even in November, which always, till last year, was known lo be a d uil inouth.

Article

Subjects
Old News
Michigan Argus