The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-12-24
AUCTION SALES As A BUSINESS ELEMENT.

MOnths-Tbe Paw brOkcr aud the sheriff
ms Anctioneers-Aactio necring and = obbiDG-
Curious Notes nnd Statistics.
Within the last six weeks OF tho auction
business both wholesale and RETAIL has been 50 heavy
merit comment In tho way OF current imporiancs
as an element or trade and indication OF tho stag
nant and doa 81 condition OF business all its amiA
cations. AT the OF some dozens per day. from week
to week. occur tho usual retail auc ions OF tho essr
son--sherTs sales, sales in bankruptcy 10 behalf oS
creditors pawnbrokers' Gales constituting by far tho
greater proportion. or pawnbrokers sales especially
the lis, swcs from month to month as the ii mes Of
scarcity faro on, and may be takon an ind cattos
OF the straits TO which largo numbers OF poe.
plo have been reduced By tho comparative cesss~
ton OF demand for labor within the past s1
months During the two weeks past tho number
or pawnbroxers' sales has bccn near as can b
counted two hundred and twenty ono; the number -
persons sold out their establishments or have
been sold has boon one hun drsd and twenty ninA
and the number OF bankrupt sales thirty nine
some few adj onal sales Of lesser importance migh6
perhaps be added 70 ,hs list, but fear aud
paratively nnimporiant q, 70 be OF little elect on taS
s.ssrsl i,nalc OF retail sales shereIoss ~ which
statistics OF tho two weeks past stand - foi0ss;-
sslss o. house hold faruiiar. &c. "a
Sales In bankruptcy.
or these four hundred sales no general average =
value can 10 made. In three Or fonr cases properly
The amount OF two hundred thousand has been pus
the market and one sale Of iewery and fancy goode
place yesterday the value OF the stock being aOous
sixty thousand on which more than twenty live 20
cent were realized. or the whole number Of tal@s N
bankruptcy the general average OF stock may DO pus 9
ps ns Seen np1e
these figures which In accordance with the judy
e ssgf5s ne e. -.
Average value Of stock SIS oO0
Deduct twenty per nt...........'.-..... oSo'O0s
Amour, realized 50 $50, %
In their bearing upon trade details compare
lively onimpoant though they serve 70 exhibit SOM
Of pawnbrckers Gales and Of sales Of household Chests
through inability 20 ain,in an establishment answer
ing tho especial purpose OF exhibiting tho straits o! wAnb
20 which many hitherto stylish families have been re-
duced. More important is the general preva'ence q
and clothing considered In It's bearing trado AMI
its Indications Of the general EXCESS OF supply veg
rous zaion In this respect seems 10 hayo bee
tacitIy effected without perhaps. any COLLISION on
part Of the selling fratcrn.ty. Tuesdays aud frinS
great an extent four fths Of all the fer IN d.
eral wholesale anclloneoring take place on these
days q the week alone Alternately. on tuesday,.
termns Ion TO sell. matter ~ what sacrifice, -
into being. RACES ike an c.idemlc from ten o.
in morning until three o'clock In the afteraocuno
subsidies with the subsding OF business encrgy ~
day u groceries and provisions tho lots onsr -
comparatively few. Clothing ranks nrst and er,oy'
tho larger number Of auconeers dry goods ran 80
ond, imported fabrics forming the harden; boz an
misceI aucousIy made up-a Or n.san0e Of f.elr
fancy goods and Yankees notions. The manAemo
au,t oneefs Of advertising every hing a. hofsy rSseI
q OF DO 10 and sho . To dressitg Gag o.
lsa ma ~ aciure fr,m taskot OF Held ~
dozs !. Z Cologne, evcry.sns = d,payei x ~ an,
holiday presents 1T o lowest luna innbe fr:"k~
In 50 notes are not course inclusive Of SSYs0
r,nsacted 81 Ill Broadway Trinity LuId NJ whkssr
days Of week the din OF stg,ing," Ying~Sss
u,f~ y sOA ing IN or Q--i4 -
real esate matters a. TO any OF the unforita ~ ~
insist that they about 10 say somethn witt -
10 said On tho carpet for to-dH tcur srv IN
en ancos :slss $50 u los h 'o sc, r.s ne whites
always occur at Trinity builoine, the mart, $780,
bonds snd real estate In especial. vsit 49, uro1
yesterday oil cited little worth cmm s,Sstio
Tho attendance small and Tho bddir ~ =. s""ir
Nobody seemed to psrs cuariy whsd ~ \, 80
stock in the Southwest Pacific Rai rod or y, ~ - s~
son msy Tvs speculative sscu fsns ssrs hand q hs
sale BY Abors IL. Nicolay. IN which w, 1880
stocks and bonds was offered nnd p osy hopds
couple or Southwest Pacific Railroad 'owI any ,ncy
brought six per cent OF their face: o. VI ~. - VA
ssnd IN bonds OF this company rucs w Hor6s
New Jersey Volunteer Bounty bondSo. y amynsuse
In face thousand add nifty anissueu w Ia ~
Of hobcken the 0rst bid was nine per I'm ey wsns
potion being offered at ninety ~ eens sno"ssn{
: - Henry being tho holder .pon , w,,na COM,
shares Of the Ptlsburg and Martini ~ o,,s,rsd ana
pany ut $40 per SHARE, no bld ' sso.g a. mako roo
for other socts more stable Three hundred ss4
twenty shares OF hundred ~ snsIe, W "a 4 NJ
ss.rr, $500 h,roeeir ie over OF $4,000 WORTH -
stock IN hs Consolidated Coal ,onpany q NV. ~ ~
with to-day opens the EeneM ancsh ~, .svses Ia "a
work on the or swplv, bgiu IN u,n'ss ~ 80
foreign fahrcs. win DO regfned BUYERS are ~" 40.
Ids sys,enisc effort 20 lrce aoes further depressos
o. prices may DO antlcipapd.