New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-02-15
WONLLEN MEN ORGANIZING
THE MARKET TO b.: BETTER MANAGED.
M.Nrr.crurrRs AND SELLERS TO FORM AN Asso-

MANUFACTURERS AND SELLERS Io FUN" ~ 49,
CATION ron MUTUAL Projection
A vii attended meeting of woollen mah"4a0'"-
Frs and dealers from New YORK ana o'ncr oenioS Va
the industry was held at No. 81 Whte-sI yesterday
for A. ,urnose OF perfcctng an organization having
O.. a., -, .ccn,d'nr to the constitution which
vas s,,,i,,cd and referred TO tho Executive Com
mitteo. &" IN promote more thorough intercourse BE-
tween pro1ucers and sellers Of goods tending toward
the be,ter management OF the market There was
n nroaiot,ns amount Of capital represented at the
rooa,,r, ,,d II Is intended that the organization
shall lie I'm some degree commensurate with the wealth
and Influence of the members. 1t will be chrisened
91be vo,llcn Goods Association and It's head
opare,s which are to be both councillors and hand
some, viii be in New-NoIk.
Those eligible for membership any corporation
firm OF person making wOOllen worstcd fabrics, or
any corporation firm or person engaged In the sale Oh
the same.7 1t is TO be I'm short a sort OIL
Board of Trade wheio tho manufacturers
and sellers can come together and do their best 10
render The market profitable to both. Tho association
prepared TO deposit 10000 for the purpose OF pa
inc ~ AGENT who shall DO appointed by tho Treasury
DenartnSnt and wLose pecal business It Will be 10
detect lndeiv aluaOns. fraudulent Invoices anu
wise ,,ro~ct the manufacturers from the competition
smnpg The firms and Others present or represented
Co oo j. NJ VslcntinS 3 Co, Marin, Launs a Co.
Amrndown & Smith. A. d. Juilliard a 20, M'i1 G
Fay 4 Co. II. ]. Libby d CO., Gowng' SAWYER O. ~
Thomas Dolan of Philadelphia ana several az niad-
f,c.urerS from Providence ana elSeWTtlt' no ISL
citation had held previous meeting IN oet .
AZ that meeting a committee was appointed 10 loihIu-
iata a uniform system of terms ana discounts Is
report was presented last night and accepted lhs
IS the report
Your committee would respectfully report that atcr
iu,erchanre views with many OF the lcadin s
houses and tney air Te n not
impoSsble, to formulate system U uhIV .a
and ga Will II w %SfS ne fabrics They
v 81 tbe Opinion that greatest obstacle IN the way
~ action Is the lack OF ialth aong DO'
mission houses and manufsc urers In the ultimate -
az any attempts such concert OF action for Ihls
si.cs they submit that only one remedy is Posslole;
TO the association proposed Dy inc JOY
usefulness trial by atteiptnE
OF s@ns goods that is Acknowledged by all and We
fellow manufacturers ana NJ
TO become members Of the association III we ma uI
association can cure one EVIL we sns sar r co. the
remedy Of other pressing defects In our system
therefore recommend that the first action or me new
citation shall be to bring eeSTe thg hrs Excitement at
the end 81 sixty days delivery Of goods sad
rnonts 10 either IN cash in notes drawn 10 VII
Of the seller They also recommend that he
the following classes OF wooen fabrics form combination,
and systems in each class, to establish proper 70
discounts for each class M s The
c cs in W are 70 be a. Follows: -.
Class l. worsted and wooIen coatnss suiuhs9 anu
Class H. Beavers fur beavers and OvereOaunss gen.
Glass Ill Flannels and blankets. D.,
Class ". Ladies' dress goods.
thus by the most conservative action at first we hope
70 unite the sellers OF woollen and worsted anrlc
having practically conquered one evil we shall pocco
with courage and faith born OF success 10 GrH nroer
business methods be reached and sellers OF "ooehS 0
again deserve the title OF merchants