New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-24
CHEMICALS AND DRUGS.
THE AVERAGE APPROPRIATIONS OF LATE
YEARS AMOUNT TO .,BoCT S4e,0ooeOO.
eu| = -,
oHoDrrIEs- SPECULATIVE FEVER SOMETIMES
sFIzEs TEE TRApr--BiG WHOLESALE
AND MANUFACTURING HOUSES.

AND MANUFACTURING HOUSES.
in the dark days of the Middle Ages chemists
aud those daring persons who trafficked in
drugs were classed as sore erers. Science had
long and wearisome struggle with religious
fanatieisri bat finally won the decision, and The
growth ard development Of the COMMERCIAL de-
pai tmcnt of drugs and chemicals have been
among the most prc-eminent OF the century
The dealers and manufacturers OF drugs and
chemicals in the process OF a long and hon"raDie
career have lain themselves open to the charge
OF sOrcery in only one particular, ana ina -
IN connection with marked success when Has
attended their efforts TO make plofts IL woeid
almost appear that they possessed some h'daeh
charm for conducting business on the highest
plane of money making efficiency. The major
ity Of the leading drug manufacturers, importers
and wholesalers have been In the same locality
f.ae ,tsars and years. All o. them have grown
rjsH md all Of them have maintained the same
steady. methods of business which nave Cd
TIMED since the business began, and which have
Keen ONLY slightly changed in all the advance
raept OF the years that Lave followed
N+w-York contains within its limits over a
,housa nd manufacturers, whose products in a
,repcrai WAY form part or the drug 'rade- 1he'e
arc six.ee Leading wholesale houses. and emch
which large profit is derived. This is made
more iplsin when il is understood that apoui VI"
per cen, of tie goods handled are patent medt-
zines yhit.h WELD average III per cent
or proft The 10 per cent part is good enough
m theory. hut sales must be made to accomplish
protits and therefore The wholesaler looks more
IN the reroaini 10 per cent of his business Tor
thr real. substantial. nsver-faiing profit -rro-
apcer. The reason OF go many manufacturing
10 horat tories Is simply because the importers
ana tot,br,s havn found thrt II is more 10 their
advantage to run them. and thar II puts more
,,,or.y in their pockets than to import the drugs
IN DAYS LONG GONE BY.
Of tbc number or retail druggists in the
lrni,ea States supplied by the wholesale trade
.s,e hundred years ago there are no data. There
nre 1uw nearly forty thousand. lr the New
YORK CITY directory OF 11SG are given the names
al 1vn In Queen ST.. now a part OF Peail-st,
,bene were iwo Effrgham Lawrence and Bei-
,ev A. Goodwin Hanover Square had three
.ri,u,dhy Ffurse Oliver Hull and Francis VAIN
..,:-b.s Two wholesale drug houses of the pres
,,l,xaN wore founded about c,btury ago but
,n,,: 4,,ge ar these eentiLues "ndef ihe original
,.s,,,. !. Quite q number date back hfty OF siS'y
,es.sS Tie principal houses % that day were
,rhan,as * Ozark John and William PcnfOld.
aurcpce r Ke,sc. O,c0tt MckessoE Silas
raxi.- John Al RradhLrst, John g. horrison,
u n 8 MURRAY and j. a. W. X Posi- u!
ikcse firms one MAS Inc hrs' 10 ieaFf ahn III
trna,ce nclatine- cDaied pills. Another firm the
q, xost in the city WAS responsible for the intro
sssion into This coufliry or aristoi, pheHatTti.
tr.ouai and other valuable synthetic remedies OF
.,,,x,e,a xtenstiy. III fact the large "hoe-
s.Isas OF New -loi4 have always snase . ssaohs