, 1890-12-31
WEN WHO SUPPLY EAxIss-
nsy Are willing TO Buy Anything. Pro
viding the Price Is Low.

~
viding the Price Is Low.
There are three or four men in thi,
city who, nthey can buy cheap enough.
VIII take up any sized stock of goods
and pay cash for it These are the
men who supply the street fakirs with
then articles which seem to fairly break
out on the street like some queer dis.
ease. One day you will see thousands
of japanese teapots or Malacca canes,
while the next an amazing number of
shoe brushes form the attraction. The
rule Of this business is that nothing can
be easily sold on the street which costs
more than ten cents, although. of
Tourse, this. like other rules, has its e1-
cepuons OF this ten cents the ped.
oilers must make Mt least four. 1t mat.
ters little to the men who buy the
bankrupt stocks, then, what the art
icles mny be, provided on their pur-
chase they can make a profit. selling at
seven cents.
There is, however, one point which
must be borne in mind. Tic articles,
whatever they may be, must be really
good of their kind, forthe whole theory
of the business is dealing in real bar
gains The purchasers are generally
shrewd buyers, not only knowing when
the things offered are good, but as a
rule buying them, not because they are
w"nted, but because they are cheap
n the number of bargains which NAV
be ecure from these men by any one
who will watch for them is amazing
l remember buying a Malacca cane for
Nnn aanNa nuanu a..
good service.
In a city where as many business,
failures take place as are chronicled in
New York the existence OF men who
can dispose of any stock and get rid Of
it is a prime necessity. The houses
which place their wares through the
street peddlers have the command Of
large capital and do business ON the
quick sales and small profits" prin.
cipie. They rarely carry "A stock. I'M
less 1t be very large, over three or four
days. for in that time tho push cart
men, If the articles go at all, will clean
them out They are always on the
lookout for bankruptcies, forced sales
and the like, md their stores are
curiosity shops, Uttered up with the
hotsam and jetsam which have no.
manned over from many commercial
wrecks. But they deal in o fruit.
vegetables, game-anything that is
cheap and AN go quickly. The Pigs
In b Pen" which sent the city wild.
were placed by them, and it is not un.
common to see editions of books forced
into circulation through their offices.
As Ennu ha fU,uas,.I Al 80.
business must not alone possess a wide
spread knowledge OF goods, but they
must have a keen appreciation OF the
public taste and know exactly what will
1t has been believed that pawn
brokers Know moro Of the values of di-
verse articles than any other men in a
city New York, but it is n questIo,
whether those who deal through
dlers are moi the equal of '1Our y
this Anyway, theirs is y bnsiaos.
which can only DO made 10 nv III
ms species of sagaeity = displayed. for
they make a ynistake IL Is toler.
ably certain tho sakirs will not and
hat the stock viii then be left unsold
Inc ability Of the average fnkir IN
determine beforehand whether a civon
ine OF articles will take savors Of tho
l am told that a success
iul MAJ III this business will not only
instantly whether he wants
% push a sale, but that in ninety-nine
lEses out of n hundred he will be alb.
'olutely right If the jobber makes a
nistake his only chance of saving him
is TO get the men to take out the
on speculation; in other words
IN credit. As the business all through
$ or should be cash, this policy is nos
ooked upon with much favor.
The need Of Judgment on tue part Of
he iobber is, however, most felt when
le IS selling to the peddlers. The
amount Of profit allowed to them is in
inverse ratio to the rapidity with which
hey can sell, and It Is therefore to their
interest to make the jobber believe he
a SLOW lot on hand. Their volu-
'hty in crying the excellence of their
on tho street Is as nothing TO
hat which expresses their contempt
Tor the goods whom they are themselves
lsked to buy. The jobber then must
Just how the things will 20 or he
Sill find himself left with a profit which
hall make him mourn.
II h a uriou business which has
srown out Of the failures of CONNER
'ial life, but it is not without its inter
points.-New York Telegram.