New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-23
THE TRADE FLOURISHING.
TALKS WITH WELLKNOWN GROCERY MN.
NO TRUTH IN TIE REPORT THAT THE FAlIOa-
OF BURKHALTER & co. RESULTED FROM
GENERAL DEPRESSION.


GENERAL DEPRESSION.
In view Of the recent reports that the wholesale
grocery trade In Ncw-Iork going 10 the " nehlh'
t,on bowwows" because OF the smaller nrrls mas
failed Tribune reporter Yesterday talked with some
q, the best Informed members OF the trade The
universal opinion Of the men who ought TO Know rsl
was that the failure OF c. BurRhaler COMPANY ""'
not in any way the result OF general cohui"oha'
but rather OF easily understood ana cNpahi'',0
causes within the firm. and that the genera o"ii"
ton Of the trade Vas never better. The intlmauoh
from certain quarters that other failures mlght w
expected generally laughed at as the most o"'e
less kind OF calamity bowling
JE Nichols OF Austin, Nichols Company dic'a'eo
the following statement In reply 10 q"''"" "
to the general condition of the grocery business
THE wholesale grocery firms Of this city are do'hS
a large and excellent business TRADE WAS he'ei
better than mt the present time. Both ProhuS anu
collections are good and the outlook OF the general
grocery trade Il all that reasonably be ueS'rN
The failure OF c. Burkhaer d. Company VIII nave il" -
feet on the general grocery trade our ieaahs s''oe'
houses buy for cash. and have abundant means lor
conducting business in the safest ana most COLI
sentative manner and there Is no branch OF the ner
chandisc business safer ana sounuer 'N'ii '"o ~
sale grocery trade"
In conversation Mr.. Nichols said
We have feared for time that the urn OF
Burkhalter g. Company would 20 under LOT h"'oei
of reasons The senior member OF the hrh hAs Dec"
in such poor health tina, he has been unable 10 give
the business the attention It needed ana Inc ""o'e
sa,c grocery business has been gotten down 10 shch
a., science nowadays that 1t can't he run on any
b,,or.niss plan They have been selling to Oil sor's
q, neone on all sorts OF credit, and In general nave
b.en biting of more than they could chew None vi
tho firms In the trade affected by Inc la'"ie' ~"
cause we expected 1t ard did not allow borhnai'ei
e. Company to get deeply Involved with us we aie
atlo
,nso,yent firm co. and we have offered TO combine anu
tide Mr. B,irkhalter Over his difficulties, II IL 'o"o
be DONE
Nv Leggett OF Francis II. Leggett a. Company s~lu
"Thc failure Is not In any sense the result vi z"
general trade depression The grocery trade is III
secure and prosperous state. We nave peen
pecting this failure ever since Jahuaf!' ~ '
time the firm Of Burkhal'er Compah! loon ne'e'"'
salesmen from Austin. Nichols & Company. ana maze
- .eo,t a. en.er the New-York City trade. They
nod M ve.oryan!zed credit department, ana uhiess
a firm has been brouGh, up in the NewNork ''S
r-adc they are liable 10 run on TO no emo vi r'0N'
in an attempt 20 steer through lis h'cSc!es we
sold them a few goods rather than 10 De uhne,e"''
We would rather lose the few hundred dollars h'oN"
twice over than TO be unnAgioorly With old house.
n Anthony OF No. 100 Reade-st. said
ain the grocery trade generally there has been
n steady improvement for years. There nave peen
no losses through depreciation Of values OF any ku
OF stock Any firm that had well distfpne11, ,1e e
and reasonably good management has had notninH "
fear OF course, when one firm has large uaue ~
one quarter the Thnrber Company had IN ,ne
house snTers temporarily. Burkllalter co. have
been suffering from dyrot for some time ana u IN me
New York CIV trade. There's all the difference III
the world between the country trade and the C, nS
trade Jney were familiar With the lauef Shu
fhcr went under Then failure has nothing whatever
10 DO with the general conditions OF udue n"oi r
downfall is easily explained and was foreseeh by all
of