, 1874-08-15
CHICAGO COMMERCE..

manufacturing md mercantile lntorcate of Cli-
cngo during tho pat hnlt-aozen years that, In
comment, oile Is ct loss whoro to commence,
md, were 1t not tho determination OF THE TR1B-
usR to writo up III detnil enoh and overy bugi-
mesa interest OF tho city, another than
THE WOOLEN INTEREST
might bo aoleoted at this timo.
Comparison boing tue true standard OF mea8-
rcn1ont Of oil business Interests, VIC will employ
1t at this tlmo In determining the. development
Ing tho past dozen years. Up to tho commence
n,ent Of tho Into noboiIton, tho manufacturing
Of aoo1on goods, as also tho diatrfbntion OF that
fabric. WINS almost entirely conllned to tho East"
bong the more prominent distributing contrea.
But IA tho vnst oxranae of country Waet Of tho
Allegheny range became moro donsoly popu-'
lated. and the great Miasiastppi Valley do7e!-
opod Its faoiites for wool-gro"tng aud manu-
foaturing,
TUE nAsE or OPERATION IN wooLEN GOODS
gradually changed, and Chicago began to assert
her rights aa tho legitimate point Of diatrihr-
tion Of this clA9s Of merchandise for tho North-l
woolon mauufaotorios ostabished at points con-
AgNoua TO tAe place q production of the raw
material, tho products Of which, as also The pro-
nre aont to thia market centre for distribution.
It might be atatcd, without the 1oast exaggera-
ton,
THAT, UP TO 1869.
fully four-ffths Of all tho woolon goods oon-
eu1ned in tho West wero distributed by tho
Eastern markets. This was especially true as
folatea to tho finer fabrica, "a up to that tino
worry little beyond tho moro common qualities
woro handloa in this market. 4 sweeping
changp, however, has taken place In this respect,
and the older markets 1t tho East are forced to
roaiizo tho fact that in Chicago, tho great Mo-
tropolia OF tho Wont, they find competitor In
this, rs vol aa all other, departmcots OF mer-
chnnlise, that is rapidly diminishing thoir buHi-
x,nna m hrnrfvsnfp TIM Nnrtfuapt "a.
They not only soc tho moat costly fabrics Of
their own looms passing from tho handa OF mnn-
utacturera te thoao q chloagoM M M1obbers, but thoy
torios Of tho Western Btatog supplying vast
volume Of goods that wore heretofore drawn
from their direction. They SEQ aud rcaizc tho
fact TINT
CHICAGO 1opnEns HAVE FACILITIES
for tho rapid distribution Of goods to interior
points not possessed by tho eoGboard markets.
They also realize tho fact that, Us tmo advances,
q system OF economy Is boing practfoed By both
an ys% tas
ous to tho points where tho raw material Is pro-
ducod, "a also il buying IN such markets "a offer
the groatcBt advantages in the Way Of prices aud
transportation. Horotofote. thn business IN
conducted on tho ''elow-shaling" principle.
THAT ia to say, while Tho soaboard contrea mo-
nopolizcd the trade, it was tho custom OF WoHt-
ern rotail merchants to make yearly Or scnai-
yenrly pilgrimages to tho Beaboard mnrkota, for
tlls purpose Of yalecting stocks, which had to be
carried until distributed, under sil the dHaayan-
tages Of t1uctuating values. Dut now, under :,
THE NEUTRALITY-SUSPICIOUS." " sIsTEM,
they are supplied with goods by Chicago jobbers,
from day to day, woaR TO wcok, and month. to
month, in ouch quantitlos as they may desire.
thereby avoiding al danger Of ehrlnkage in value
go common in carrying large etoeka. Chicago
1,onHepeos nm alyantare in this rogpcct above all
at]por orI market m centros On II this Continent, and
lenco ia tho undisputed maeter Of tho Bitnatiou.
up 70 1861
thore Snra Int Il yorv fow houBes in Chicago
t1,ot 1nnin xvnn,on rnn1a n sneoinltv. hanco bI1t
iittIo Intention was paid to tho budding Of tue
tlner rroauotlous Of domestic and foreign looms.
Since that time, however, tho attention. Of OH:
carn inhbcrs hns haen d}rnotod ia tia tireotfon
Of , ,workinc IN md deyeIoping that interest nnd
to ooen soos haTo beon 0e hop
promipont among these mar be mentioned that
p1Dp1u noYD,,
I yearN aso o. this house onparkea in business Ut 45
and II Lake street, whore they occupied q prom
vas here they laid the foundation Tor tho pres-
e1,t prospcrous trsdo they onioy In common
with others. their business iii 1871 met With
temporary interruption, by tho fro Of Oct. 9 yet
smoke OF The conflagration passed hway, whom
wo goe them again With their busineaa banner
tlrowu Ia the breeze at their proseut eligible
r1artora To such Of our roadera as aro not IA
niar With tic firm and itH location, wa will here
etnto that they occupy throo storles and baae-
ment Of buililing No. 574 East Madison street.
Tlleyaro surrounded, az itworo, by tho prominent
Wholesale intoreste Of tho city, beIng within
ono hlock OF the wholesale houses Of j. Y. Far
well ( CO.: Field. Letter i Co.; Stottauor
Bros. < Co. Carson, pirio, Scott Z Co.; Hen.
- NJ 1Ionaorsnn X "a :. III. D. Wells l. Co.
Fargo ! c., aua . large number a . of other losa
p3oA''0oAs rIry Ann 1onATEp
bnitt Chicago. Tho bascmont Of their building
Uic, il 9h5 11 feet In fiopth is 1nainly ocoupiet
for tho atorine % md hacking OF goods, as il Ii
horo M 81 eucL Goods as lave passed through tht
Haason witbomt sale ara stored until tley arE
wantod. ~ N
rho inafn or first door Of the building Ia do
voted to the Iaulliug Of English, Scotch, ans
French cap1,moros. and domestic and fano,
cloths, including coatinga, auitineg, oto. q'h'
second floor is maiuly used for . tn.
hanilinr of doeBkiuB. rnohairs, talora
Trimmings, and, In fact, al foreign cloths OF ths