The Sunday morning news. [volume] (Jersey City [N.J.]) 1886-1891, 1891-01-04
4 NEW EXCHANGE.
The Mechanics and Trad
ers' to be Organized
This Week.
FIFTY TWO NAMES ON THE ROLL,
It Will Afford Members Of the
Building Trades an 0pDor-
tunity to Facilitate
Business.


On Tuesday Mechanics and Traders.
Exchange will be organized in Jersey
City, at the rooms Of the Board Of Trade
The need of such an organization has
long been felt by the carpenters, builders
and members OF kindred trades in this
city, and although the question has often
been discussed nd definite action was
taken in the matter until month or SO
ago. The subject was then preached at
a meeting Of the Beard OF Trade and met
with such favor that co committee. con-
sisting Of james =. Hall. Jacob Kfngle.
FRANK Stevens. William j. TAFT and
James Leo. were appointed to take the
necessary steps for the organization OF
the proposed exchange The commit
tee sent to the leading members of the
trades interested statement Of what il
was proposed TO accomplish by the new
organization, and requested the recipi-
ents of tee statements TO inform the com
mittee -ether they approved Of the
scheme and would join the exchange II it
was organized.
ALL IN FAVOR OF THE EXCHANGE.
To these requests the committee re-
ceived answers from Martin Hackett,
William Robertson, J NJ. Lothrop. B. H.
Fielder, II. Hamliu, w. T.. Gibson, d. J.
Hart, S. p. Poole 81 Co. and B.
w. Wilbur carpenters and build
ers; =. steffens, 3: ,. Emmons, w
Stevens, ]. i. Watson & Co, w. S. Weed.
B. =. Horth & Co and j. N, Bruns, real
estate agents; E. Simon, p Zabriskie
and L. II. Broome, architects Thomas
Potter and Thomas Cogan, contractors;
+ Kelsher, William 7. Con-
Shanahan, plumbers; John English.
thu Union Stone Company and
William A. Guthrie, stone dealers; George
Wills 81 Son, Edwards Brothers and Re
hill & Burns, masons; Scnuber Il Co, H.
Borg. Macdonald Brothers, Vanderbeck
& Kaufman. Richard Brown and Frank
Bergstrom & CO.. painters; J. 2. Hail.
masons' materials, ]. Ringle & Son, roof
ing aud cornices; w. u TAFT, wood cary
ing; H. W. Vanderbilt, lumber and
masons' supplies: William Sons. plas-
terer; Anderson Brothers. sheet metal
workers; James Morgan, civil engineer
and james Henry, wall paper.
A glance at this list will show that a
sufficient number of leading men are in
terested ia the new organization to Sc
cure its success. The general idea of the
new exchange Is to provide place where
all classes Of tradesmen can come to-
gether as often as possible for the pur-
pose of transacting business. 1t Is pro-
posed to keep the exchange open a GER
tain portion OF each day SO that during
those hours the firms in the organization
or their representatives can be found
| upon the floor OF the exchange AS is well
! known, carpenters, builders and those in
kindred trades having work in progress
| Ia various parts OF the county, are ex
ceedingiy difficult to find vixen ollt has
| important business with them. 1t
| Is thought that this difficulty
change. If it is generally known that
there is one place where these men con-
gregated every day and where they would
he sure TO be found. Again it is argued
in favor Of the new Exchange that II a
dealer wishes to sell or purchase supplies
instead of wasting his time In running
around looking for prices or drumming
up trade he could 90 direct TO the floor Of
the Exchange where he would hud all the
leading men with whom he cared to deal,
at a great saving Of time and expense.
THE OBJECTS OF THE EXCHANGE.
It is also the object of the Exchange to
be corporate body under the laws of the
State, IN order that it may be body re-
sponsible to those with whom it may
have business; to establish general and
good understanding on the part of its
members; Just and equitable principles
in all business transacted within its
limits, and to acquire, preserve and dis
criminate business information. Another
excellent feature of the new Exchange
will be board of arbitration for the pur-
pose of adjudging and adjusting if pos
sible all differences and misunderstand-
ings between members.
The main object, however, of the new
venture will be to contribute in all
reasonable and legitimate ways TO the
success and pros perity of its members in
business matters individually and col
lectively.
Similar exchanges to the one proposed
TO be organized here are in successful
operation in New ark, New York Boston
and other. large cities and have met with
general appreciation wherever organized.
The one in Newark. after which the Jer-
sey City Exchange will probably be
modelled. was organized few years ago
and now has 102 members. 1t has large
and commodious rooms at No. 20 Clinton
street, which are fitted IN with all con-
yenience for the members. Each mem
Der has drawer in which letters and
communications OF all kinds can be left
for him. so that if he should not be able
to be present during the hours the Elk
change is opened he can be commune
cBted with there.
THE ADVANTAGES OF THE NEW MOVEMENT.
There is always on hand a superintend-
emit. who gives any information that
may be desired and who is walking cy-
clopeuia upon all matters connected with
the objects for which the Exchange was
organized. Then there are telephone
communication with all points, mes
senger boys within easy access, sta
tionery. books of reference aud other ac-
cessories of an Office directly under the
hand of the member. 1t also has many
of the conveniences OF flrst-class club,
and the members declare that they could
not get along without it.
The gentlemen who have interested
themselves in this matter In this city de-
clare that they are in earnest and pro-
pose to make the Mechanics and Traders
Tx change OF Jersey City one or the lead
ing organizations OF that kind In the
country All who are interested iii the
matter, whether they have received an
invitation heretofore or not, are invited
nv tne COMMITTEES TO be mr. esent ~ the