Omaha daily bee., 1885-11-14

Nf'fH' H3.h- q 49, w 49, ~ .n'. o.. NN. Az"
for money he will generally sacrifice u
good deal"
"When a man comes in with some arti.
Gle which he wishes TO diSpOsc OF for cash
or in trade for something else, how do
You 20 about placing u value upon it:'
I'VE always ask him what he wants Tor
Vt. md when he sets his price if il sults us
we take it, and If not, we tell him we
don't wan IL at that price,
"BUt what | mean is, when he leaves il
for you to Judge oil its value, do YOU
place it according to It's utility or its con
dillon in comparison to II new article Of
the same description"
mo, sir; We Judge by the worth Of the
material only"
"But the materials OF which some arti.
Giles are composed are worthless in them
selves"
We'll, in that case we give rs nearly
nothing for it rs wc can prevail upon II
man 10 take"
Is that the way Won place the value
when You come to sell it2"
No, sir; that Is not our way OF dong
business. When we sell We sell for profit
Just rs other merchants do, hut we can
sell at n mucn lower figure On account of
having obtained II cheaper
You ask rs much rs you dare for it?n
Yes, 50 rs - be lower than the retail
stores generally"
NDM, lOI tflNt'lliGt, Sdlt llC lNllbIltIt
taking Il watch from his pocket and plac-
ing il in the hand of the secondhand
commits ion merchant, chow much would
you give me for that? 1t cost SE2.jO
new"
That was n good while ago," said the
pawnbrOSor, scanning the watch care.
fully
Yes, not very recently, and yet, it
runs rs well rs ever, and keeps perfect
time. Now what is The most you could
he prevailed upon to give for it?"
"One DOLLAR nc replied handing it
back.
NO more than that?'
Not q cent more. We would pay for
nothing but the silver"
Then what would you expect to ask
for II when you came to sell it,"
Prom $lO TO $40; whatever We could
get along there
Making from 50 to Sll prodt?"
"Hes."
~ see you have some books here.
When you buy them yo9 don't judge
their worth according to the material 20
we just do. We ouy books only by
weight and ply at the curreAt rate per
pound for paper"
"You advertise money to loan. What
rate of interest do you charger"
ut is owing TO how much n man wants
and for what length of time"
We'll, for instance | sluIld wan TO
borrow so for two months?"
1T would cost you Sd"
what. Ten per cent per month";"
Yes, and plenty OF people are wiling
to pay it on small mounts for u short
time"
What security do you reGpiro?"
we take real estate mortgages or
chatLel mortgages on clothes and iewelry, |
but nothing else"
II think you pawn brokers ought to
grow rich ?"
We manage to make a living, but we
don make a larger profit than some
other people. Let me tell you an in
stance with reference TO music stores.
A young man brought me a violin that
$50 for it at one of the leading music
stores in this city, and that the noXt day
after he purchased it, he was told ut the
store that II mistake had been made in
placing the price tar upon it, and that
the real price was S 70, but SIS he had been
dealing with them right along they
would let HIM keep it at $50. They had
| asked him what he would tax for
it, and he said he would take So, Tor it,
as he had been using it nearly y year and
was willing to sacrifice So. told him he
had better take it back to the store whore
Ire had bought it and see if they wouldn {
Dny IL DaSk. Iley ntu I'D lay III IL SiocA
OF Yiolins from some quarter, and if they
didn't buy of him they would have to
buy OF some one else. He said he didn'G
think they would take any instruments |
back except IN exchange for something
of equal cost or Il little higher, SO that he
would have to pay II balance. What he
wanted was to get hold of some cash and
not lay any out. | told him they surely
Onght to take it, as they had to buy any
way and often rented Instruments, and If
he would take SO for it that would be
S. rent for the year, besides their
having had the use OF his money, $50. for
that length OF time, and rs the instru-
ment was still bright and IN perfect or
der, even better than when he bought it, |
for a violin improves with use, and they
could sell it again for $40, it wOuld be II
profitable deal for them. Well, he went
back and talked with them about it, and
went TO several music and secondhand
stores with it. The store where he had
purchased it wouidn t take it back Mt
any price in cash, and the highest offer
he could get anywhere was 81. | told
him then that be had an opportunity TO
figure out what it cost them and what
their profit was on their deal with him, |
and that it was nothing less than $50, if
not more, and ii they had sold it at $i6, |
which they said was the real price, their
profit would have been $40.
so You Bee," he concluded, that
pawnbrOkcrs are not the worst people ia
the world after ALL"
Finest display of m]eerehaum and