The morning call., 1892-04-14
BOUGHT ON CREDIT
And Sold for Cash at Prices
Below the Cost.
Spacious Operations of D. Levy & son-Com.
mission Men Hold an Indignation
Meeting.

Fifty produce com mission merchants held
an Indignation meeting yesterday afternoon
at Gould & Jaudin's storeroom on Washing
ton street.
The fruit commission firm of B. Levy &
Son was the Object of that meeting. The
meeting mathematical Levy & Son at great
length, and then unanimously agreed 10
prosecute the members Of that firm. cvilly
and crimina lily, TO the full extent of the law.
Why?
Because, IL all reports be true B. Levy &
Son have been enTching themselves at the
expense of the street." For the last three
weeks they nave been buying fruit and prod
uce from nearly every commission-hous
in the city, and selling the goods at from 10
to 80 per cent less than cost
They bought on time and sold for cash.
Hereafter the firm will pay cash for every
cents worth it buys-if it ever buys another
cents worth. The last is exceedingly doubt
ful, ii would appear, for DEPUTY sheriff is
in charge of the store now. and three attach
ments have already been served. The
climax came yesterday morning, when the
Wells-Fargo Bank declined to honor their
check for $3.50 A. j. b. Immel IL Co. pre-
sented the check. When ii was dshonored
Mr.. lmmel was greatly incensed. lie vows
he VIII bring criminal proceedings for OBJ
tanning goods under false pretenSes against
Is. Levy ~ Son. who, by the way, are his
neXtdoor neigh borS at tie southeast corner
of Washington and Sans0me streets.
To reporter for TIE CALL yesterday
Mr. Immel said: Levy q Son gave me
that check no later & an last night-a cash
payment for oranges. L had been suspicious
Of them for some time. i knew they had
been buying on credit and selling tor cash
at prices way below the cost OF the goods,
so when they came TO me last night / re-
fused point blank To sell them a dollars
worth except for spot cash. If that check is
not cashed within 81 hours Bernard Levy
and his two sons go 10 Jail.
FIFTY OF THEM IN 1T.
Fifty other commission men are in about
the same boat as Mr.. Immel and every one
of them has vowed TO show no quarter.
Yesterday / sold Il. Levy Il Son S110
worth of fruit at prices % per cent above
the market" said Mr.. Gould Of Gould q
Jaudin. We distrusted them and did not
care to sell to them. We told the clerks 10
frighIen them off by adding % per cent TO
everything they priced. But 1t made no
close and careful buyers, but they paid the
eXtortiOnate price without murmur-that
is they ordered and received the goods on
credit. The day before that they bought $40
worth"
Yesterday morning before the Sheriff took
possession Is. Levy X Son bought over 100
boxes of strawberries from J. Demartin &
Co.. at IS 40 a box. and sold them lmmed-
ately for cash at 81 70 q box. Lemons they
bought at 81 40 and sold for 81 70. Mr.
Demartini himself v0uches for the truth of
this statement.
Drayman DoOney hauled oranges for 3.
Levy Il Son Saturday afternoon. and, as
usual, advanced the freight charges, amount
ing TO $50 20. The same oranges have al
ready been sold for less money. Mr.. Dooney
was paid with a check which the Wells
Fargo bank says is worthless.
These are few Of the considerations
which induced fifty OF the best known firms
Oh tile street 10 leave their stores for an
hour or more and congregate in Gould d
Jaudin's storerooms to discuss B. Levy d
Son.
Fred Butler secretary. The first thing
done by the meeting was the comparison Of
accounts against the Leyys. The secretary
called the names and put down the amounts
as follows: