Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-08-16
CLOSE OUT BUSINESS HERE.
saks & Co. Sell Remainder or Their
Stock to Berry & Co.

Messrs. A. Saks & Co.. after success
full business career of twenty-one years
in Richmond, closed out yesterday.
Messrs. o. II. Berry & Co, who recently
purchased the splendid Saks store, at
Main and Eleventh streets. together
with some $4,000 of the choice part OF
the imuense stock, yesterday purchaseu
the remainder OF the stock LETT In tho
house unsold. This sale was made d.
rectlv from Mr.. Saks, who was here to
close I'D affairs, to Mr.. Berry. and the
work of taking inventory occupied the
afternoon and evening. Messrs Berry
e. Co. will complete the removal rom
their old store, at Tenth and Main, where
thew have done a fine business for many
wears. 70 their magnificent new home as
ouickly as possible. Il can't say just
vet how long It will take" Mr.. Berry
said TO a Dispatch man last night nut
we will open up here just as soon as we
possibly can. We are anxious 10 get III
without delay
Mr. Saks said last night that his hrm
uithdrew from Richmond with great re-
Iuctance your people have stood by
mo we'll" he declared land we are ex-
ceedingly sorry to sever our mercantile
relations with them. Yes" he added, In
reply to an inquiry, "our business mere
has been eminently satisfactory VI
course some years have been better IMAM
others. and there has not been year
in the twenty-five that we have not naue
money here. l hope our old frienos VIZ,
patronlze Mr.. Berry as Literally ana stanu
by him as Loyalty as they nave uohe ny
us"
BUY A WASHINGTON BUSINESS.
perbaps one thing that caused Saks q
% 10 sell out here was the Intention oii
their mart to largely extend their WASH
inoton business. To this end they nave
i,,St purchased the stock of Mr.. Emmons
g smith who conducted one OF the
Iaroast establishments Of the kind In the
national capital. and leased Tor term
NJ wears the building which ne no" %
cupies. The amount involved III "io
transaction is kept a secret puI
understood six figures are requireu "
press It, -, 80, N
Mr. Berry a few weeks ago. salo MI
Saks. ito buy Mr.. smith OUT anu
Mr. Jacob Cans. our Richmond mahasei'
- wasbington to help in the management.
90 our Great business there. out thoie
nos hitch in the negotiations IN ths
Let few days, though, Mr smith anu !
hove reached an agreement anu 'n'
transfer will be made this week.
Ths Smith building, a spIenoiu hen
..-,ot,,re inst completed last tail' uu
,oins the big Saks establishment, CIV
I'm ~ annexed. Some twenty-sn ne"
W.. .,T,ents will be added, and Mr.. tahs'
'h" has heen associated with the hiih
oho,,+ a quarter Of a century, VIII nave
charge OF these
TRIBUTE TO Mr.. CANS
rhoro will be general regret at MI
90 leaving Richmond. He Is recog
$50 "a a progressive businessman anu
me- atwsvs taken an active interest IN
iia' 80 affecting the welfare OF the CITY
and her business interests. Inc mn
IA clerks employed In the saKs slote'
az mark OF their high esteem lot NJ
Grams presented him with hehusVns
,, ,a' osrving set and dozen SILVER
lives and a set Of beautifully ehsi oSseu
resoIutions. expressing their resdlu tot
rim and their regret at the seN 'a"Se
MN ntaasant relations which have so
VI ~ 80 The presentation was MADE
~, Mr. George Rady, and MI. oans az
800 81 in a speech showing now oeepS
Ne annreeiated the feeling WHICH pronip'
Mr.. saks addressed the employees, ana
made a statement, which possioie,
increased the esteem which tne men n ~
aIwavs felt for Mr.. Cans. lie saio tiae
In the depression Of 1884 almost ever
house in Richmond cut the salaries % 10
s sUT The Washington store OF A.
saks & Co. did likewise. as well as It's
houses at other points. Upon the subject
Of l,SI reducing the salaries Of the employees
% the Richmond house being mentioned
70 Mr.. Cans, he requested that It should
not be done, but that ZOO per anhum
should be deducted from his own sa.aIy'
r," en- promptly refused 10 do this.
t hne ~ the contrary. made an addition
to his salary forthwith. :, =,
Messrs Berry will retain all OF che
ott,eient corps Of attaches OF the saks
store except two. and practically all OF
those now In his employ.