Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1891-02-07
Factory price Factory price
ful#.~. Gfal 10 foreign

Lets see, said jobber, "didn t you
promise that new axe factories would
arise to fight the hust?'
j did, / SAID, land ] mentioned one
new one at FIndlay, Ohio. Have you any
morey
Yes, here is notice of a new one The
King Axe company, of Cleveland, Ohio
with ample capital, good backing, and ex-
perleuccd men as managers
"What prices are they quoting?'
lite too early to talk abont next sea-
son prices, bat we will not have to buy
OF the trust just notice this bit of phil
Osopby: The factories composing the
trust made more goods than the demand
called tor or the country needed. They
Cou.du agree on an equitable reduction
OF their output, SO they formed a trust.
As trust, they run mp Prices so high that
10 rs profitable Tor new factories to start.
These new factories, ADDED to the old. viii
increase the orer-production, aud then
prices must drop ] predict that IN tbree
or four years axes Will be lower than we
have seen them before, -
~.
One Of the most respected and best
known hardware men in the middle states
is Mr. O. A. Bostwich of Bostwick Braun
a Co.. Toledo. All travelling men meet a
cordial reception from him, and the older
ones look upon him as a personal friend.
Hi, hair has whiteEcd with age, and his
experience reaches back oTer 40 years. itis |
meprory is exact. and he Is a representa-
tive of the best class of shrewd solid Up
night business men. My bust cess took me |
to see hmm when he happened to be al
lI.E. Ia
on "a keg of nails. When find hard !
ware man sitting on a keg of his own|
ufis ] feel perfectly free to ask him ques- i
tUs Said |, "What has the Mckinley
bin added to nails2'
Don { imagine YOU can get any argu /
meuts against Mckinley In nails, said |
be; better let them alone, unless You I
want TO produce protection argument /
Well. said l. LET ms have the story /
and the argument lead where it viii. !
Everybody uas an interest in mails, every |
body buys them; everybody uees them /
what has protection done for tLeay'
back in S. he said, those good old 4
days Of tariff for revenue only, we bought
our raiIs in Albany New York, and paid
S3.G- per keg tor them H you VII turn
90 tby prices paid for labor at thai time,
aua tie prlce Of produce add farm r0ps,
Eau wl see that 1888 i'm - was q higher
price. groportiunately, Lhau Il0s6 would (
I've t0-dgy. Then add to the Albany cost
tue cana charges to Buffalo and the lke
.harge- 30 Toledo and put 0u our profit,
aud you will See that mails could not be
rtuIed ln this country then foi less tialr
% cents How was tlat for good old
flup-
When did You begin buying western
nails ~
Somewhere about 81 or IS % sail fac.
tory Ia the MahniugvaiIey that had bank
-Jpted rs fUrWT owners was offered 60
.wo men for song. They had IN ready
means between them exactly SIC. Ihey
took the factory, first arranging with The
farkmen TO pay half cash and half in store
lribrs, The merchants Of the town agree
ug 70 take these orders as cash and carry
hem Six months before presenting them
r payment Then one Of the new firm
tar-ed out to drum up trade He came
here; Offered nails a trlhe lower than Al ,
lanv prices, md on Fix months time he I
eeured order, and kept his factory run
IluE but the net result Of their first year
business was deficit Of s., 500
Pretty COOS hnancieriug on a capital
f ;7s
They were not discouraged, for they
'a1 nothing to lose. 20 they kept on !
aw 40 0ld bill OF theirs the other day.
lated 1853 Nails were 1915. We all
hoaght this WAS a very low figure. but toe
Hshng times of that ear sent two cot Of
aree factories 10 the wall Our two I
reuds hung on and by and By war came
~ and nails went booming They be-
ame two very rich men
bow hlgh did Fails 20 in war times
Up 10 S1 so per key. and dropped down
cry slowly. n 1867 they sold at $40. IN {