The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1860-02-24
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The Trade Exchamge. -

Mr.. EDITOR The efforts of few gem
tlemen to inaugurate Trade Exchange
in this city is certainly commendabIe, and
none have shown more zeal and done more
service than the conductors of our city pa
pers, and for which they are deserving the
thanks of all who feel desire to advance
the business interests of our city. ,sgvS
The few sales that have been reported by
the few gentlemen that have attended the
Trade Exchange, fully demonstrate to all of
ness in produce and groceries in Wholesale
way, were fully reported, it would surprise
even the merchants of this place. We are
all well satisfied that it would make at
least a showing worthy of this young COM
mercial city but to make partial reports of
not one-fourth of the sales, is not calculated
to make even a respectable showing or to
elevate our mercantile Importance to its j1st
position. If the merchants generally do not
feel willing to give it their countenance and
support, the Trade Meetings bad better
be discontinued till Il more propitious time.
trust, however, the~ young, energetic,
and " go ahead " men of our city will not
let it die, but will take hold of it in good
earnest themselves, and make it one of the
" fixed institutions = four city. If could
recall twenty-five years of my life it should
be a ''living reality, if | had to visit
every mercantile house myself and gather
up the facts after my own days labor was
finished
The advantages of a Trade Exchange to a
business city are almost stindispensable. In the
first place it gives a fixed market value to
the leading staples of the place, which is
made known by means of the reported sales
and thereby enables the buyer and seller to
meet each other on a fair and known mar
ket value. -47s-
The information relative to trade and com
merce received and impaired in one hour at
an intelligent Trade Exchange" will post
any business man better than he can posi-
bly, inform himself without itin a week Let
the institution get once fairly under way,
and no man that has anything to sell, or
wants to purchase any staple article or who
does not want to fallsbehind his competitors,
will be absent from Change. M
The reports are an index of the market.
They are the most reliable % prices-current, ;"
as they are made up from actual and bona
ride transactions. t.--a
The facts thus recorded on the Exchange
books as matter of reference will be valu-
1 able hereafter, not only to compare the pro-
gress of business but the variations in price,
and will be as interesting twenty years
hence, if not more so, than at the present
time.
Finally, if we aspire to be the commercial
metropolis of Indiana it will not do to sleep
on our post. We must work and at the same
time make known to the world, that we
have here market where all kinds of pro-
duce can be sold at a remunerating price and
also to those wanting to purchase the staff
of life and the staples of the land, that just
here is the place to buy.
In conclusion, will say, if there are nine
| good business men in the city that are will
| ing to devote one hour day to this busi-
ness, will make the tenth, to make the
Trade Exchange reliable reporter of the
business of Evansville, for one year (if
should live so long,, by which time it will
be an indispensable institution to the bust
ness men of Evansville, as it is to every
other place of any commercial pretensions.
| NJ. W. FOSTER.