New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-03
STAMPS SOLD WITH a RUSH.
A LAND OFFICE BUSINESS DONE BY COL
LECTOR TREAT.
HE Will. HAVE NEW SUPPLY To-MohHo"' AND
THERE WILL. BE BIG DEMAND


HE Will. HAVE NEW SUPPLY TOMORROW AND
THERE WILL BE A Rig DEMAND
TO MEET IT
When Collector Treats office. in the American
Tract Society Building. was opened FOR business
yesterday morning. there were on hand l'"o'VH
two-ccnt. 10000 one-cent and 2'oo each OF the
10 and % cent documentary stamps; 100000 each OF
tho one-cghth cent one-fourth cent. three-e'sh'hs
cent and fvc-olghths cent proprietary stamps ana
100 ON each Of the oncccnt and four-cont varieties
When tho Office closed this supply was practically
exhausted. from which IL may be g'eaneh now
great The demand has been. The total number
sold I'D TO the present time has been I.1l9oS docn-
mentary st,mps and 2.7sS6o0 proprietary stamps.
Shortly before closing time Yesterday afternoon
Collector Treat rang up the Internal Revenue "
flee AT Warrington. and something Ike the foi-
lowing passed over the phone. the Washington eid
Of the dialogue being left TO the imagination
Hello
This IS Collector Treat. New y ork.
What do want? stamps"
oh as many az ! gct"'
What varieties, Well. send me onc-cont. two
cent threc-cen,. many J)-cent az you can turn
out n large stock of the lO-cent and 25-cont knds
also nj least Il million OF the 81 stamps and ---
"Whats that? Say. this isn't Philadelphia
yes. Ncw-York Greater New-fork DO you
understand? We do business in this Office How
many do actually want? Well to be truthful
and not too selfish all you possibly send
THAT'S good boy III bay You big dinner
when YOU come here.
"Oh yes a cold bottle. too Come soon
After this performance the Collector said that
good supply had been promised by Monday. ana AZ
least 5000 of the 81 variety. \ little later he re-
ceivcd an invoice for $4,000 each OF the hrce-cent
and four-ccnt stamps 10000 fve-ceni. 2'oitJ e"'h
Of 2j-cent and 5O-cent Gico Of the " stamps am
1oc 400 Of the $40 documentary stamps VITA thiS
supply on hand for business tomorrow me 'o'-
lcctor Is prepared for any assault that IL hkeV 10
be made.
Mr.. Treat said yesterday that an error was mace
In reporting him having ruled that commission
merchants must pay the $50 license tax tie san
that such tho case only Wherr IN" H''''"A"1
also acted rs a broker. and no legitimate merchant
on the Produce Exchange or elsewhere VIII DE
called upon to pay the tax unless he cohduc's
brokerage business.
I; was reported yesterday that sevcra OF inc
smaller steamboat lines on the East Side were not
using the one-ccnt stamps on freight receipts II
IS presumed. however. that they are keeping =
record and will make sworn statements III or''r
10 avoid the heavy penalties which would he IN
CURED for failure to comply with the law
one Of the effects Of the act Will be that many
Of the large business houses Will not make as many
payments with checks as formerly. nump'r o'
business men said yesterday that hereafter 'heF
would draw currency IN Larger amounts than over
before. The Frankin-Lce Banknoto COMPANY 81
Nos 81 and - Duane-st. has received the conun,,t
supervse this work Any person wishing TO "n'9 t
every thousand and the latter VIII then CIV. an
order on The eAnkroe, comgy NE, stapcd checks
viii greatly reduce the demand Tor 'he stamps
Th"rc has boon heavy demand FOR me sia,mps
for stock transactions. on which INC 'hdls" -
licking he method OF procedure has been :" "t i
a memorandum 10 tho ccrtincaie. ana 30 g'N' un'
number to the Collector \ slm!1J m''toi - ,.,,
ploy,d wi.h bills Of exchange. Ih'I" NJ" d.
over sly hundred applicthonr IN one GaS 10, h
nice distinctions which the wording OF tho law has
u 4dc possible. 30 tar there has been comparative
one .: inc nrsi persons 10 call on me Ce Ole
,se rcardinr th' s.rnps OF a.. pr, MUM ,.cips
Tf"l: said hat in the absence u Mamr, m!HY"i"
iaXapir documents. which would ahsolve tho com
pAny rom any penalties nni" 'h' STAMPS "''e ''''
Representatives Of banking houses de9llns in sor.
s,sn GNehanG n % rln is VIII be- made on questions
aft ting their business especially Ies"r'ihs '1"e'"
c5licc'or Treat said yesterday morning nat ne
complaints OF business mon about iheir business
nercssory IN no case whore \ business man Ia.
.o9iei to 30" es h. fa@d to r mn Ta' b rGg
men to Hcop careful account ~ their business
Almost nj the exchanges were 'los"d ye''"rday'
and me bank, and tn Custom Iiouse c9s'd ,3r1y.
was ltilc u.ln'-s doing downtown. ~ FOL
lows that practically mo- hlng new developed In nc
way ~ complications arising from the april alton
o. the War Revenue law. A. the custom iou'"
everything worked smoothly. and IN" cnharrtss-
mcnt caused Oh Friday hy tn" scarcity 81 lamps
OF denominations larger than I've cents VAS mate
rally relieved.
The provdcn' will supply themselves with the
new and two cent revenue stamps. ana carry
them ~ they carry poslage.Sianpr. n@Vnt t,' ir
pnpcrs which mus under ~" new law %" 'tamp"d
but they must hoar In mind thar the revenue
stamps canrOi hc used oil mail mat. r. ana that
they mus ho cancelled by ~" user writing IL ri
tails and the da;c upon them.