The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-04-13
4 POPULAR FURNITURE AND CARPET
WAREHOUSE.
Il. ID. Farreirs Furniture. Carpet. and he'd
ding Warehouse. ~ aud as Bowery.

z. d Farrell, the wellknown ami enterpridne furni
ture dealer. though comparatively young man. has
built up business and made himself name In his pc.
euar vocation that have required the exercise Of
personal diligence. and the employment Of moral and in
telleetua gifts that not often eonjoned In ndi
viduaL lie came TO this country at early age, pos
sessed OF abundant stock OF health, youthful vgor
perseverance, and determination He found the busi.
In which he decided engage with class
Of traders who devoid Of the requisite To
the accomplishment OF success
There numbers n with limited resources but
with capital sufficient TO enable them extend TO
the industrious OF slender and liberal well regular
lne9mes the seues that only persons Of ample capital
into existence and FARRELL seeing an opportunity To
cra circumstances but who were not In circumstances
10 command the cash on the Instant devised the method
which would contribute 20 their accommodation aud
abundant credit that would enable them to make cash
lie determined therefore to engage in the furniture
Sna az ugI'ss ~ ~ ',nP,' Sn VIZ. ~, gut
and sue, accommodating terms A. would enahle them 10
pay their nsaments without any apprehension Of en-.
barrassment Ms barge cash capital enabled hun to
tured too Tar from shore and who were unable e. make
port without throwing overheard mart of their freight
means Al once esiabished himself As The leading m"r'
chant in this rcvolutonary conmercai move,n~nt ia
which he has constantly adhered ever since 10 the In
and liberal but regular incomes Win hs large capital
he took advantage of the necessities OF rivals who had not
the facilities g. compete with hun
lie relieved HI, bankrupt compeutors by purchasing
|
nucleus OF cash and stock OF goods purchased below
cash prices His business kept pace with his industry
modaung terms ana never boing without cash capital
adequate for all his present and prospective engage
who needed H. without seriously csnAssing on ms capt.
tai or To furnish accommodations whenever the really
necesous might solicit It for the extension VI their
/ credit
This is the key FarrelS In the observance
o the insalmcut system Which he has adhered 10 with
out onprc ssnj customer pushing him to prompt
distress There have been many failures among iurni
| lure ana carmel merchants Mno could nut sonm"hd
| has seen rivals to bankruptcy by not having
the basis VI cash on which 20 conduct their enter
| 10 give timely Indulgence TO their customers when
necessity ceed for T. 1t was by adherng 10 this plan
modauous and has been constantly adding 10 bank &C
count that has made him indie enid nj of the fluctuations
Of trade ANA protected nm Aphsi me possibilities dis
trvss that oYerkc men OF husnessWho have no subsihn
ual basis tor their credit aud no sympathy TO eNcnd on
those Of their customers 10 whom Is often source Of
qualification Farrell as we view hn l. not an apolossl
for the nstamcnt system generally pursued, but
| OF that system he pursucs IT, rs tAtdcAhng mer
| chant aud a hcncV client member of society.
He gives every man VINO deals with Mn the nm value
for the money he pays lie sells ms goods AZ an Insignia
cant advance the sum they cost him and one Of MS
but never 10 lose sale provided he can sell without IN
CURING an absolute loss In TINS way he makes both Gus
grncc ana ne makes not onA lilwlhle ana remote as
well as present AMI future purchasers hut imprcssc'
them with tie conviction mat thcN have GAINED some
tnns 10y every Nnsho uon 70 when ne mas heth party
Ills prosecution oi the ,tment system has never been
attended with any apprunch To oppression
IL has been prompted 10y cunsdci auuns OF sound policy
as well a. by humanity and prohtN, and he cannot re
proach himself with the reflection that single inir
dealing and honest purchaser has bee distre
he has paid or and Mr. Farrell himself no doubt
entertAnS The most sincere gratitude Tor the liberal pat
public who have looked 10 his ample stores Tor thei
copous supplies Of household furniture -Atr