New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-03-11
70 CONSOLIDATE THE FRUIT TRADE.
MEMBERS PROPOSE TO HAVE An EXcHA""H
COVERING ALL BRANCHES or THE
BUSINESS SMALL DEALERS TO

BE SHUT OFT.

Tho rorcsst most harmonious and enthusi
asfic meeting Of members Of the frut uaHe eh'i.
ever took place N this city. where mo ahi'u"
transactions I'm fruit exceed 100000. was held
Yesterday afternoon I'm the Fruit Exchange. nos
n and 81 Park Place to consider an informal plan
- leasing or erecting a large building somewhere
between Barclay and Harrison and Greenwich
and West SITS. to be used ~ a consolidated eN-
change for the four five distinct branches OF 'he
trade each Of which maintains separate
organization. President Edward Ruhlman cailei
the meeting to order and stated us object, saying
,b,. ononr otncr new features OF the proposed
exchange would be a large room in which all fruit
both foreign or domestic. green or dried should De
sold by auction and only to members OF 'he eA-
change instead OF being sold. as now by pubic
auction and I'm such small lots that the retailer OF
limited means was able 10 compete with the whole
saler and force prices to n ruinous extent
l. NJ Lyon was made chairman Of the meeting
and the secretary was Isaac Tuck Editor OF The
Fruit Trade Journal" Mr.. Lyon. on taking the
chair said II was proposed that consolidated ex-
cbonrc should be organized a bass tina. would
insure beneficial results TO oil branches OF the
trade harmonlzng all and antagonlzng none
Victor Zorn said that II the fruit trade was NOT
recognized as II should be- as most important
branch OF commerce In this city. 1t was because
Its members were not properly organized. He ad-
vocated the establishment OF an exchange where
the importer, the iobber and the broker could meet
common ground ne piDIo''u
To- members only would decrease the losses now
Incurred through bad debts and place the trade on
"A more substantial and prosperous basis.
on motion OF II. r.. Tucker. the chairman was
empowered appoint committee OF thir,,y. con-
sistlng of 1--WE members each from SIX diHereht
branches of the trade TO consider thc subject ana
report at a meeting to be held at p III next
Saturday. -, .,,.,o..
Following are the names Of the eoR"ltt inaae
s. Robinson, Charles T.. liirZel ana T. hrucato
Jobbers-F r. Frank, Edward Huffman NJ Lane.
Charles Parsons and Il. c. Curtis brokers-Victor
Zorn A. yucca, X. a. Tucker, Il. C. Lamp ana Nj
4 Elias Dried fruit deaers-John HIS. }: Wesl
Henry NJ. Day, f.. Oettnger ana NJ Dean Irouuce
commission merchandise. j. Phillips s. II. Downes'
H. II. Kellough, John Nix and ID NJ: Wygahl.
Forster John Plrung, IL. w. Day and g. r.. MAX
field The chairman and secretary or the meeting
were added 10 the committee ,,,, ,,.
President Uennigar OF the Boston Fruit buyers
Union said that the trade In that city consolidated
ten wears ago. and was entirely satisfied with the
result He was heartily In favor OF anything thal
would benefit the New-Iork fruit trade -
\ letter read from {. WILKINSON az SONS,
philadelphia commenting the project, ana saying
that doubtless many Philadelphia frut dealers Won
be glad TO Join the exchange. =.
Speeches advocating the proposition were made by
Colonel j. j. Phillips ex-presldent or the Natlonai
League OF Commission Merchants OF the United
States: MIR Rich of O. G. Meyer az Co; Horace
W. Day. Otto q. Meyer A. y. Mnaldi FREDERICK
Robinson and others. Great goa humor prevailed
and applause was frequent anh hearty. IL ~ be
lieved that 800 members each OF whom would sub
scribe 800. could be quickly obtained, ana a fuid
OF $4,000 thereby realized with which TO begin
operations without delay