The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1889-03-21

The store or rather series of stores are
thoroughly metropolitan in character
both as to size of stock and general ar
engagements of the same. The original
store as founded in 1S49, covered an
area 2Sx50 feet. The business in its years
of progress under wise management had
grown to such an extent that new build
ings were added, each devoted to special
departments. The business now occu-
pies four buildings of the following di-
mansions, 20x10O, 30x100, 2Sx50 all two
stories high and produce ware house
36X6O feet in area. All of these are devoted
to the wholesaling and retailing of gen.
eral dry goods, carpets, millinery, fancy
goods, crockery, house keeping goods,
clothing, farm produce and groceries and
representing In all volume of merchan-
disc sufficient to stock a number of Ordi-
nary stores. No less conspicuous is the
interior order of this model house, where
one of the most strikingly systematic
arrangements IN the country PREVAIL a
system which is TRULY wonderful in it's
accuracy, CELEBRITY and precision. The
counters and departments are so arrang-
ed as to divide the store into perfect rec
tangles, and radiating from each of which
to the cashiers Office are the cash-trans-
hitting railways. The store can well be
compared to the leading stores of the
kind In the largest cities, in the many
details which go to make up modern
store of this kind. All the floors are con-
nected by broad stairways. The finish
ings and furnishings are of rare taste and
convey substantial yet luxurious aspect
of elegence and beauty to the entire es-
Enlistment. The business is divided in
to departments each one of which is de-
voted to the sale of distinct classes of
goods and is managed by competent and
experienced heads who are held response
BILE for the efficient workings of their staff
of assistants also for the orderly arrange
ment of the department and dispatch of
business and with thorough system of
organization. The operations of this i'm
mense house are brought into smooth
working order and each one of the %
operatives efficiently performs the duties
required of him. The trade of this sec
ton has unanimously turned to this firm
as introducers of styles and novelties and
with confidence because so far in the his
tory of the house, their display has not
had a counterpart elsewhere. The firm
as now constituted consists of Fred,
August and George Schuette, all of
whom have not only achieved a high re-
putation in commercial life and reaped a
substantial reward but possess the re-
spect and admiration of their fellow citi-
zens, contributing materially to the sub
stantial welfare of the city and identified
with her progress and prosperity, they
deservedly occupy position in public
consideration out-ranked by none.
BANKING.
In the time of Demosthenes 3S5
years B. G. banking was extensively
carried on in Athens on a plan some
what similar to the banking of the
present day There were three class
es; the Negotiators, who lent money
on interest; the Argentarii, who were
private bankers and took deposits, they
introduced the system of paying by
checks; the Mensarii, who were the
bankers of the republic During the
middle ages when commerce declined.
banking became corrupt and fell into
disuse but was reestablished in Italy
upon the revival of civilization. The
Lombard Jews engaged id it in A. d.
sos. The bank of Venice was founded
about I'LL and continued in business
until 1897. Banking was introduced
into England ID the seventeenth cen
tury. The Bank of England was or
ganized in'1694; the Bank of Hamburg
1919; Bank of Paris in ZIG; Bank of
Prussia in 1865; Bank of T. S. in 17S1.
The banking interests of Manitowoc
present one of her strongest bust
ness features, and are a tower of
strength and influence in the com
A prominent banking house is
that of THE I. c.. SHOVE BANKING
CO. The nucleus from which grew this
business, was founded in 1853 by Mr..