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HOLIDAY
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-v.r.-‘.' ‘. -'-'1 “r" “JV";
.5: ’3‘. 1.372%. 3/ V
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.. ’3 *1") -}
£ . . . -‘ r; ‘ ’ . ‘ 5' : -‘- , ~,. .-:-'_ V’ “1.7112. 2m . .,
.r " , 7 : .L».'.~:,‘ I - ‘66 3'» .3, ,l’. :’ '.;-"-._..i‘1;l 91‘ ' 4’ i W. -'H .‘_
was enough: “an. the shelves eta-the: :New-York 1 ' f
‘ mm. "'naieocibs. '
( runnennons Gnow'rn AND nnvnn.=
OPMENT IN THE LAST FEW YEARS.
anon-r nosmnss SKILL Aim STRATEGY 1m-
-. cumin) :1: maomEM—nm-m
xi ~ wee-'Know new so a:-
" ‘ *mcr cusron.
“Peace hath her victories, no less renowned
mm: war.” and u may he said with equal fen-nth
that the man ofpeace, the man upon whom falls.
the demands of .a people _‘for the supplies which;
enter into its daily life, must have much in com-é
men with the great general if he would succeed:
In these days of keen competition and alertness. _
In no business is this more powerfully demon—_g
strated than in that of retail :drygoods, where;
the tremendous growth and development of »re-’»:
cent years has created fidelharidstd meet which
the purveyor must have unusual and far-reach:
lug qualifications. Like the general on the bat-f.
tie-field, ‘he has constantly under :his supervision.
an army of peopler'and though'his army is bent:
on conquest less-gory and terrible than that of »:
the ‘military leader, ghe'-m»ust'»surchar.ge it; with}
his own enterprise and energy unless he would;
see his rivals reap the fruits of trade. The time;
of littlestores, when the proprietor himself was
able to meet all of his
attend to their wants, has long been past, but it
is no less necessary today than it was -tW¢IIt.V---i 'sur - ‘ . . ., . .. - , ,,
. » _ g _- . . ., . _, go up. and down the aisles like lines of busy
.fivc years ago that the custgigigrtigetll trill? figfigrfiants hurrying to and from their nests.
fldc'nce. in the salesman,
should feel a. personal responsibility in catering?
to his wants. To inject this quality into even the
huinblest of his employsesds a paramount neces-
sity for the successful drygoods merch-antpof to-
day. His own magnetism, his own energy and
the perseverance which has enabled him to enter
into a business of such vast proportions must be;
reflected in his salespeople, it he would succeed,
in the same manner and in like degree to that
which must come from the general on the field
it he would have his army win battles.
ABILITIES REQUIRED.
The resemblance does not cease here. With
conditions in'the retail. trade as they exist to—
day, it is highly necessary that the merchant
should be‘a strategist also.
fall and Winter campaign, his spring and sum-
mer business. many months ahead of .time.- He
must study the, wants of the people and be pre-
pared to meet them;' he' must in a measure
gauge-the quantities of goods that will be re-
quired for his business, or he may find himself
overstocked; with ruin staring him in the face,‘
for styles change and goods become almost
val-neless. * _' - _ . ’ ' '
Then, ’again,'=itod' little Stock is as bad as too
much. The customer who goes away once un-.
satisfied may never come back again, and the
merchant must be prepared to satisfy all comers.
Then, too, he must be ready to ‘adapt'his
stock to every change in the trade, and all;
kinds of competition. He must have the brain ; .had' little money-to spend, ‘and'th'e'y were forced
and t‘he'qu‘ickness of thought to meet opposition ; ‘
merchants in the open field of trade. For every‘
point. 'they'score and every trick they turn he
must score likewise. For» every bargain they.
offer he must in his turn offer one as good or
better, and it must be done at once, in touch
with the season and the day's demand. It is
because the New-York merchants make a sci-
ence of their business thatpwe have in this city
some of the most remarkable retail establish-
ments in the world. The great retail houses
which are thronged daily by thousandsof shop-i *fine‘ goods are sold are bu‘sie’r,‘ and there is' a:
pers not only of this‘city, but from 'all. over ;
the'cou'ntry, are ordinarily referred: to as .m-
velsn-eand' phenomenons. . l ___—.___..__._. '- ’ as
T yare neither. They are simply the tang - 1 " _ - ' _ ‘
hie, logical :ontcomes of hard, patient, parse-Q . - ‘ - COTTON 17.09138; . -
vering effort and thought. They are the re-1.' » . ___-____...
suits- of persistent effort and wide-reselling.
knowledge. . ,1 _ , ..
' VAST ASSORTMENTS, er GOODS.
The timejWhee as paper of pins and a. bolt of: .
cloth modem) 3. _drygoods stock has gone with ,- _.houses were mostly centred in Boston,".for the;
It is generally conceded"
the age of miracles.
that this is an age of specialism, but to the
drygoods trade this does not apply. The dry»
goods stock of to-day is heterogeneous, the dry- E
goods merchant. in order to succeed must add'
to his knowledge of finance and of business a
knowledge of many things, themselves .of suf-
ficient importance to form individual stocks:
for merchants who do not deal in general lines.
To illustrate what is meant, it may be cited, for
example, that the important retail drygoods
stores of New-York to—day do not by any means
confine themselves to articles of dress. Under
the same roofs where are to be found all varie-
ties of wearing apparel, one may buy pictures
and pottery, art furniture and bric-‘a—bra-c, not
meretriclous but artistic goods, the knowledge
aid which alone demands specialism of a high:
0 er.
It is true that such departments are ordinarily '
under the supervision of individuals who make:
that particular line a. study, but the proprietors
themselves must be in a measure familiar-with '
all departments to estimate their advantages to '_
the general volume of his business. When one
enters an up-to-date drygoods store in New-~
TYork he cannot but be impressed with the mag— 1
nitude of the business, and the rows of counters.
and shelves teem with an endlessvariety of
every conceivable class of goods. The list would ,
comprise the richest products of every clime,
and anything that cannot be found must be
of such an antique description as to be worth-
less. .The looms of=Lyons, Crefeld, Vienna and
many other. cities sen-d their newest silks to be
offered in competition with those of American
lndustry.": ._ :- . - »
The tendency-:which lsapparent on the part:
of the‘American-zbuyer to take the best goods
that- can be made .has incited manufacturers to
renewedefforts to meet the grciwing demands.
The demand for ‘fancy silks is met by the New-’
York merchantsgwith stocks of indescribable-
beauty and variety, and in all grades of goods,
including web line.» as taffeta, raye and ombre,
satin raye on barre grounds, damas ,—ombre,_'
plain barres andpekin moire. In tafietas, for.
evening and street effects, there are in the,
shops a bewildering assortment in such colors
as military blue, National .blue, bluet, violet,~
perru-che, lavender, lilac, Nile, silver gray and
cardinal. In plain silks, also, one may find all’
of the classical weaves, such as satin duchesse,
Dean de sole, Luxor and rhadames.
VELVETS AND RIBBONS.
In velvets and velveteens the local firms are
as usual fully prepared to meet- all demands._
end so it is in all departments. There are rib-
, gains inspecial lines-me isthe first to :see them.
' and mills, if not directly, at least by reason of?
; his customers advantages which would be ilm-‘
" the big retail drygoods houses in the Sunday;
' papers are scanned often with more eagerness
’:a.-nd Monday-rimming finds all of (the suburban _.
= trains which converge into New—York, the ferry—-
j boats and trolleys, filled to overflowing with;
‘ ions to get a. share of the 'gOOfl things which the:
customers and in person:
He must plan hiSE'season will 7 mark an epoch in the history of
. market. A visit to three markets necessarily
‘Tdrygoodsv‘storesvto girdle an area of enormous -
proportions. A distinct feature to which many,
of the establishments pay particular attention
is the white goodsand linen departments; which -
' offer enceptioual advantages to buyers in those . ‘. -
lines.
In this, as well as in-almostreverrother line,-E
the New-York merchant hes the distinct .ad-'
vantage of being on the ground. If the com-
mission merchants or the jobbers‘ have bar-
He is constantly in touch with the factories;
his proximity to the agents and ‘refipresentae‘
fives in this the great distributing centre of:
the country. For this reason he can often offer;
possible elsewhere. If sumpthln'g is asked for‘
which he does not happen to have in stock. lie2
has a large field close at hand from which to;
procure Fit» . I: ‘ ' ' '
' ,‘Bargain day in-New—York is looked forward,“
to "not only with eager- longing" by the women
of this City; but also -by the feminine papilla--
than: for miles around. The advertisements of;
than news of» National Significance. "The house-
‘wife has leaned to know that here "merchants
'will put forth their most tempting ”bargains,
women who are rushing toward the great dry-j
goods stores eager for the. tray and each anx-.
energy and enterprise of the retail merchants:
place before them. . _ - ~ . .
The casual observer whowanders into. any of
these stores‘=cannot-‘"bult be impressed with they.
‘ magnitude of the business-done. The throngs:
Buyers;
and sellers alike are full 20f enthusiasm. It is}
almost impossible to estimate the "number of
persons who enter such .an establishment. .A.
crude attempt was made some time ago. A girl2
was :sta‘tionedat each door with a pin cushion
and many papers of pins. As cach'person en-z
tered the girl stuck a pin in the cushion. In.
that one store the estimate was placed at fifty:
thousand for a. single day. While. the number
of persons who enter a store by no means gives
an idea of the business done, the fact’that in.
one stores-lone some fifty thousand persons ien-.
tered is suggestive of the attractiveness of the;
establishments. ' _ ’ ‘
pensions or loo-par.-
‘ the drygoods business in New—York. Large as
. has been the business in the past, the signs of:
f returning prosperity point to a future of even
greater activity. Merchants who make a study
of trade conditions say that therelsfunmistab
able evidence of greater .liberality on the part.
'of their customers, and a gratifying fact is
noted in the demand for goods of 'the' better‘
class. The desire for cheap goods, irrespective
_ of quality, no longer seems paramount. The
; depression which existed for several years was:
j largely responsible 'for the demand for cheap
articles, no matter how poorly'made. People
to consider price before quality.- In this respect
the merchants say. they note a. decided improve"
» ment. Their customers no longer accept what-;
ever is offered, irrespective of its ~rfierit. Its;
comparative value, its utility and durability are‘
points that are carefully considered, but, not-2,
withstanding, money is being spent more freely.
and with better grace. " "’3‘
Persons who formerly bought only such arti-
cles as were absolutely necessary, now indulge
in occasional luxuries. The departments where.
correslaonding improvement noticeable in all.
other departments.‘ ‘ .. - .. "
REMA‘RKABLE srnmns use him mnnsr-fnr;
' mew—roux run CENTRE or .msrmsuriox.“ ‘
sale of domestic cottons principally, including
such goods as brown and bleached shirtings,
Shootings, ticking and prints. Philadelphia'wa's-
headquarters for checks, denims, stripes and the,
line generally known as “blue goods." The met-f
chants from all over the country who wished .to
purchase cotton goods found it necessary to visit:
both markets. They were obliged to go to Bos-
ton to buy their brown and bleached .sheetings
and shirts, as well as most of their calicoes.
After completing their purchases they usually
came to N ew-Iork, where they bought their im-
ported goods, stopping in Philadelphia. on their
way heme to complete their stocks with "the
stripes, ticks, denims and check cottons of thatf
entailed considerable extra expense'and loss of
time. and it was that: proposed that the inter-
ests of the country houses would be best served
it the commission houses of Boston and Phila-
delphia would establish agencies here. This
naturally was opposed at first by the merchants
in those cities, and only a few ofvthe Boston.
men opened small offices in lgew-YOrk. But be--
fore long it became apparent. that in the small
offices a. larger business was transactedvinthe'
same given time than was done by the home
offices they represented, and one by one the
concerns fell into line and-opened agencies in
this city for the sale of-the goods they repre-
sented or manufactured. until New-York as-
sumed the first rank as a-market for. cotton
goods. - . — ,. . , ., .>
It is estimated that the world uses about-stif-
teen million bales of cotton annually..The yearly
consumption of cotton goods _ in the United
States is stated --to be about fifteen pounds per:
head, and of the entire world between three ._and
four pounds per head. ~ . .
In the development of the cotton goods indus-_
try there have been remarkable strides made in
this country, and the firms at Fall River and
the Southern mills produce, goods which have
no superior in the markets of the world.
The common cotton fabrics of England, fiel-
gium and Germany no longer find many buyers
in the United States, whereas. on the other
hand, our exports in cotton goods show the same
healthy conditions which are apparent in our,
other export trade. The calicoes produced. in
the United States for the masses are better. of»
finer color and offer a. broader'range of pat-
: The general indications are om the coming, _
tenfold, but the business can he'done at present.
with only five times the stock that was formers!
About fifty years ago the dry-goods cornni‘is-rsicnj~
new-Yon}: is run opincrivn POINT row-2,
' Ann ware}: snow run ennui-Jon's
or THE WORLD. ’ , ' .
”It would be impossible to overestimate the?
importance ofthe‘ New-'it'orkl'market as a centre
"of supplies of silks and dress goods. It is the,
—0bjective—-point toward which fiow the products:
of all parts of the world. and from which they“;
are distributed over as: area-o! more "than three;
and a half million {square miles afar the u§e off
.a population of seventy million people, whose:
average wealth and almond ,_expenditune are
greater than those of any other country in the
,wor‘ld. In order to meet this «demand .theNew-i
York market must at» all times be read-yon sup-
ply the goods, and it is therefore essential that
in thisimarket a" large supply always be 'kévt on
'hand..‘ ~ » ..___ .- -’
.'With the unequalled facilities for transport»;
tio‘n enjoyed by this city, and within-"e many.
industries permitting rapid production, the prob;
ments in dresses and. clothing of the ‘people' of.
the United States through this one; central:
point ls solved. "Twenty-intro years ago the.
. cannons wnouonrr. . ., .
The market has, however,~shaped itself to the,
newer cofiitlouofthings. and ,work .tflhatfiforj-
merly occupied‘m‘onths oflpreparation isfnpwf
carried out 1-979- few'weeks. An muses-none;
dress‘goodsand silks. While in some linesdorr-
eign ’fgoo’ds still compete with,_ those of domestic‘
manufacture, the conditions are now such as to
make the former more easily obtainable to the
buyer than was once the case. While the-fam-
cilities for production are‘such-.that it is not;
nec‘es’Sary' taiorder goods from nine to twelve}
months in advance, and while a. relative amount:
of stock that had to be kept ready formerly oni
account of the difficulties of transportation can
. now be dispensed with, these facts in no way “retail stores of the town or city in which they
‘ detract "from the importance oerew~York as a.
-. these goods. In this cityare no less than six .
distributor and warehouse of supplies. _ ,
The quantity of goods handled has increased
ly required. The relation :otl-ncreasc between:
what may be termed the work to be dome-die;
tributing the goods and being ready to meet-
all requirements—and the means of doing so—v'
the stock always ready—has not been in the?
direct ratio, but still the volume of business.
enormously. w . .-
.In dressgoods the looms of New-England.
New-Jersey and other. manufacturing States?
Work for the New-York market. 'Mills in .the‘
,West sell their production through this city,
and even the Pacific Coast .man'ufacturers sell
agents. In competition with the domestic man-
Greiz, etc, find their only means of entrance
into the United States through the New-York
market. ~
. DOMESTIC SILKS.
In silks it is the same, and the outputs of the:
looms of Paterson, Union .Hill, New-York City,~
New-England, Pennsylvania and other pro-
ducing States are sold here, and meet in the
open market the product from Lyons, zurich,
,Creteld, cemo and various other foreign points.
In fact, it may be said with no attempt at exag-t
_ In no other country is there any one city:
which-acts in anything like an equal degree as
.tensive, and Wideeembraclng Saline-.‘Inymer-
-chandise.” . _ ,.. .. » .,; :3 12.0..
To; make up a British. may-m, district;
Similar .to that ’of NeweYork. would require por-
tions of London, Manchester, Bradford; Mac-‘-
clesfield, Nottingham, Leicester, Glasgow and
have to be combinedand in Germany it would:
'be necessary to join Leipzig,
Chemnitz and Plauen to. offer. such a market as
New-York affords. In ._all. these countries the.
buyer ofdrygoods is compelledto go to each'
in his stock, whereas in Newdfork within the
radius of a few blocks a merchant would have.
no difficulty in buying a stock sufficiently -.d=l-’
versified to meet all the requirements of even
the largest business. » ‘
BENEFITS OF CENTRALIZATION;
In other words, _the buyer of large quantities
in Europe is compelled to travelrthundreds of
miles from one market to another, iwhile the
American buyer who comes to New-York'nced'
do no more than walk a few blocks.» ,. .. . ,
2 If foreign goods are wanted the buyer finds
here a full representation of all important lines,
and side by side with. American-made goods
may be seen the products of Great Britain,-
France, Germany. Italy, Switzerland, India and
Japan. .These are facts which make New-York
the Mecca. for buyers from all parts of the coon-z
try, who Come here yearafter year and season=
after season to» buy‘their stock. In ‘addition,
that none of the trade may be neglected the:
manufacturers, merchants and agents in this
city" send out an army of travelling salesmeh
to gamer~in-~the business from, all points, large
and'small,‘north,'south, eastand west. f _ " '.
With‘ the retUm of prosperity, -which lsflalé’
ready being felt, the men who represent‘ the
dressgoods line anticipate a spring trade of ext
tremely large proportions. That they will be
ready to meet all demands is indicated by what
they have done in the past. There is no line 013 .-
merchandise more full of possibilities for manna
facturer, jobber and retailer, and no' line in:
which New-York may feel mcre proud 0' her
achievements. The dressgoods, men .liave done:
a. large share in building up the general "busi—
ness of New-York, and their prosperity is a»
result of energy and enterprise which have been
_beneficial to many lines of trade. ‘ ' ‘
_ LIKEN GOODS. ._
"While the quantity of linen goods sold in the
United States represents a business of large}
proportions, only a'small part of it. is ,manu-z
Elli-mfg but the Americans themselves an}:
E-‘; that they have not been able to reach the paint“ .. .».
91 perfection attained by their European pom-
improvements in the mechanical adjuncts of '-all_: ,_
lem of supplying 95 :per cent of all the'mqulre-i" ~
problemjwas a difficult one, on account of the; ‘
' . cans , - ' '»- commutation. ,. , _ .
“my”. 1:: - of production and ‘~ fiance [throughout the country there is a depart-
this fact 1.335% {build in; £119.1Fmdé déYQtedfi"... many other features or :t‘he_'drygoods trade, un- "
done through this central market has increased,
' ' --business is exceedingly flattering. ."The general
their goods. through. :New-York commission:
ufacturers the looms of Sedan, Roubaix. Tour-i
coing, -B'radford, Leeds, Manchester. Gl-auchau,‘
‘ big sleeves and then small ones: from tight-fit- ‘.
thehanker, warehouser and esteem, an for sock-L
Belfast. ‘ In France certain districts of Ron-i
baix. Calais, Lyons, Lille 'and_.Gr'enoble~would=
Crefeld, Ger-u, ;
of the cities named and to various others to lay;
-‘ years, It is believed by {those in touch with the
a'I‘exas, California, Wyoming, Colorado and the
vpe‘titors. ii‘heimporting of linen to. table ser-
vice, handkerchiefs and Womenis fine undergar-
ments is conducted on a big scale, and the com.-
.mi‘ssion houses and manufacturers’ agents -in
«New-York can be enmeuted by the hundreds. _-
These handle the biggest part of the trade, and
_the buying for the interior cities ls done in this
city. ., ‘ '
-.-.T.he American. 11' he cannot competent the ,.
linen patronage, has devoted his attention t0
making cotton imitations or linger-such rare
yak-ill and genuine merit that a large industry has
been built up in this department. Most of these-
plants are-located in. New-’England.~»-and-.=their e
specialty to cotton handkerchiefs, which are
”turned out by the tens or thousands. ' ' . ,,
;.Accordlng to the report of the Bureau of Sta-
tistics at Washington, the quantity of linen in
the piece exported tease-43mm States from the
United Kingdom alone for the nine monthssend-V-
dug in September, 1898. was 62,138,4(I) yards. ’
having in mine Mild-12,615. _Fer the sonic
period in 1897 the exports. were over 85,000,000
fiyards, eta value of £1,500,900. Besides this.
--li-n~en ya;n.,_h'aabeen hneught from the United,
limgdom to the amount of £891,200 in 1898. . '
. .. . , ;. ~‘r , I. .5
- CLOAKS; SUITS AND WAIS‘TS.
a van Impos'mr. ammo EMPIDYMENT 1v-
moons-us ma mvoL'vma mm,-
.. , _IONS or amid ' ‘ "' ‘ ..
In every retail drygoods store of unimpor-
menhifor'cloalrs, suits and Wallets. .So important" "
has this branch of the. business become that it is '
looked upon as one of the essential factors in a .
successful business. ‘Il‘rom‘ lowly beginnings,
.ycars:"'zago. the industrth-as been outstripping '
til at the present time there are invested vast ' '
sums in capital. with an annual output of tre-
..mendous proportions. . ‘ ' ' ' '- '
From an artistic standpoint the articles made ‘
are of distinctive .merit and value. ThOusands
of women who in former years have had their ‘
clothes 'made .to' order now find perfect satis'fac- " 7
tlon in the ready-made garments on sale in the
live. New-York ls thefilt‘feeca for the buyer of ‘
hundred wholesalehouses devoting their time ,
and attention to the requirements of the trade.
-'So‘me of these houses do an annual business of ‘
$2,000,006. - Out of the total number there are -
1'50 firms with a capital 013253004230}: and 30 .,,'
with .a. capital of $50,000. The business requires ,
the employment of fifty thousand persons who
live lathe city. « - .
One of _the largest manufacturers of cloaks ,
and suitings states that the present, outlook for ,
public have no idea..’,’ he remarked,~ “of the .
processes; involved in _the manufacture ofour I
goods. From the raw material to themills, to ,_
theelothcommission'houses, to the importer and .
wholesaler, to the manufacturer, and, finally, to ,
the retail store, 'the.,,garment-s oasethrough in- '
numerable hands. The business is one requiring ,
the greatest judgment and business "acumen."
Every season the styles are changing, and the .
-manufacturer, to keep pace with competition, .
must be up and doing all the time. First it is
ting waists to blouse effects the fashion goes, and
it requires some one tobe continually studying]
the fashion-plates to know just what is going to
happen. Thenthe question of material is an all— 5'
important one.” In our establishment we make; .
oods that sell in the 'fiores‘all _‘the way from
£5 up to mend $35 apiece. In the‘be-‘tter grades?
imported cloths are required. Then there are ‘ .
Certain grades which are trimmed with furs and» ,
other materials of a different nature from the
geratlonv that no -..distribut-ing, centre of; the cloth of the garment. .
“’0’?“ can '¢°mpar°.‘i"1th Q1“ 9W.” in the volumef- “The subject or linings ’saiid ‘trhnrnings be. ,
; :variety and extento‘f its busxness. » loom-es a big item' '1!‘ theorist, 01 manufacture- :
The business in most, of our representative“ f
houses is Operated according to a careful sys-w
item. The cloths which go into cloaks. suits and
éiwais-ts are , :a‘ll' carefully examined and prepared» ,,
for the cutter. These men are most‘skilful, and j
earn big wages. Upon them depends the style j
and attractiveness of the finished garment. _T-he
sewing is done partly in the factories and partly
on the outside by a small army of Hebrews, who ‘
call for the cut pieces and carry them to their
homes, where they are put together. This is on
the cheaper grades. The finishing and trim-hing "
are all done in a separate department. The busi-
ness during the present year has been good 1
through the West. where the farmers have been . \
enjoying prosperity as _a result or the big prices
received for their last year’s wheat. Jobbing
houses all through that section report the best “
kind of a business.” ' ‘ ‘ ..
-—-—-—-——-—-—-§——-—— ' i
.. WOOL AND WOOL STOCK. “
In wool and woe] supplies New-York is amply
prepared to take care of the interests which find-
. their market here. While the wool business has
by no means been so flourishing as in some past -
trade that the depression is. only temporary, and .
all] signs point to a speedy return to healthy and
prosperous conditions. The general course, .of
American commerce “to-day is undeniably up-_
:Ward and onward, and in consideration of the
fact that trade expansion and territorial eke
pansion :go hand in hand, the successful termi-
nation of the war with Spain may be taken as
an indication of renewed activity in all lines.»
‘In the general prosperity the wool trade wail
undoubtedly share.
The wool business in this city is largely done _
on the commission basis, andjarge quantities of '
’tvool are annually consigned to New-York from
Territories.- The importation of wool into New- ‘
York lies largely in the line otcoarse or carpet
wool. - - - ’ g * ‘ ‘
New—York is the largest port of entry for ear-
pet wows-and nearly all of the Russian and so- '
called -Mediterranczn wool used in this country
comes into this port. Several New-York firms--
are also large importers of Cape'wool, which -
comes from South Africa. The largest propor-'
_tion of this wool is used by Canadian manor .
facturers, and their business is transacted -
through the New-York merchants. There are
also a number of merchants in this city who
are large buyers and handlers. whose goods
never reach the local market, but are sold in-
Boston and other wool centres. This city lsalso
'_the home for a large number of brokers whose“
Wool for Philadelphia. and Boston concerns;
These men do not handle any stock. but confine
their operations entirely to brokerage. They do '
factored in thlscountry. Therehas been a great
terns and style: than those made in Europa
dear-o! capital invested in enterprises of this
a large snare of business. and add materially t.
grog volume of the wool made at
or ' “ "
Norwalk Chronicler