The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-06-21

business, Is as great now it was when their bust
ness was In its infancy. In opening boxes OF
havsna sugars, every strip and piece of hide is
carefully preserved to be sold to the glue makers
The nails and boards also carefully preserved to
De used over again, and nothing that can be turned
TO account is wasted. Robert attends to the in
door financial department. bank business, &C.
''Ihe two brothers yet in the prime and yio-
| or OF active manhood. They are both married and
neither has child to inherit their immense wealth
They are both liberal and public-spirited men
Tney quiz ac rstciass mouse for their mother in
Twenty-hfth street, near Fifth avenue supplied il
| with every comfort and the best attendance shn
| haVlng many years survived her husband and a
year or two since followed him tc the tomb While
she lived one or the other of her sons dned with
her every Sunday, and visited her in the week if
necessary. They themselves live in plain and sub
stantal and well arranged and furnished houses in
chambers street, in order to be convenient to their
great sugar refinery. They have pews in the Rev.
j. w. Alexander's church, corner of Nineteenth
street and Fifth avenue. They also agreed that if
the collections at the Academy of Music, used eve
ry Sunday evening for religious worship, did not
meet lhe at the rental of about S5 900 per
annum or at those rates while used for that pur-
pose, they would pay the difference The exnen
ses having, it is said, largely exceeded the coec-
tons, they promptly settled the difference"
Mr.. A. L. Stewart, the great Cresus of drv
goods, was born in the neghborhood of Belfast. Of
ocotch-lrsh parentage, came to the United States
When quite young, and early exhibited an aptitude
Tor commercial pursuits. In his youth he had re-
ceiVeo good education with careful parental dis
cipllne. New York being an important cnmmar
cial city, seemed to be suitable field for tba ever
clse OF his ability. With unremitted industry and
skl III MS pursuit, be soon began to evince symp-
toms oil progress and prosperity. He early intro
oueed the cash system in both buying and selling.
and was thus enabled to sell at comparatively low
rates, which attracted the best cash custom of the
town. He also banshed all .bantering' and Jew
ing, from his premises: Once his goods were
marked, the laws of the Medes and Persians were
not more fixed than were his prices This rule
saved time both to customers and clerks because
when the price was announced, nothing more was
10 De SAID If they suited, the goods were taken
and II not, they were left behind His business
con- continued @ TO prosper, and as he bought and
sold almost exclusively for cash, no revulsions
pank suspensions, hard times or good times
seemed to make any material difference in
his business. His house at present. taken in all its
pranches OF Wholesale and retail, is probably the
largest establishment of the kind in the world
Inc 1our-story marble palace which he occupies for
store, with recent additions, covers an immense
plat OF ground, extending, on Broadway. from
Chamoers to Reade street, and in the rear. on
onapers ana heaae streets, for over 100 feet The
SZO00,0OO, and the annual sales at about 81 600 OO0
MT. Stewarts wealth is estimated at between 81
OOO,OOO and 81, 900, 900. Mr. Stewart is married
man, put, unfortunately, without children. His
"noe 'iuie gwen up TO business, which requires
cool, clear and calculating head But he has
reduced 1T to such complete system that he often
appears like man of leisure looking round his
premises; Mr. Stewart is plain looking, we'll
dressed. but not "foppishly-dressed" man; always
neat, without being ga dandy" of about five faat
ten inches in height oflight sandy-colored hair and
whskers, and medium light, quick, expressive blue
eyes; though older, looks not over As or 80 vears
OF age. lie Is always gentlemanly and agreeable
In In MS manners, and often distinguished for great
hoeranty In his donations. Such man IS an
his ADOPTION Vi