New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-24

Worcester. one continuous hive OF industry con-
tribute their share to the drygoods trade OF .ne
city, and as f this were not enough tne COZ,
ton mills OF New-Engiand and the South add
their share to the whole
Philadelphia has 3,400 OF the 1890 ingram
carpet looms of the United States and turns ou'
nearly 100000 yards of ingram carpet every
day. but Philadelphia sends her carpets to New
York to find market. $50
New-York sells fourteen hftcenths Of the silk
used in this country. the domestic produc, atone
In that line being estimated at SlOO,Vo,OD IN
value. The product OF Paterson NJ j.. inc
Lyons OF America. comes to New YORK, ana the
silk mills of Phillipsburg. Easton, Allentown
Mauch Chunk, Wilkesbarre. Reading and har-
risburg also send us their gross output.
The making OF thread is itself an industry OF
the first importance. and calls for capital Of
nearly $3O000O0O
The cotton, linen and silk thread factories OF
this country give employment to 3oVDo work
ers and the yearly product Is more than 800
OOO.OOO. fve-sixthS of which Is marketed by the
wholesalers in NewYork.
CENTRE OF THE NATION.
II one attempted to go into all OF the many
lines which are represented in the vast dry
goods trade Of w-York-shawls lace goods.
curtains. underwear. gloves. hats. caps. etc
the figures would be startling. In general
way. however. 1t may truthfully be said that In
these. as in other lines two-thirds or more Of
the gross product Of the country is sold here.
and that buyers elsewhere in America III
reality buying at second hand.
From NewYork to ST.. Paul. to Galveston. TO
Spokane Falls, is long cistance-1,J0O miles,
1880 miles $500 miles. For merchants to
come to NewYork means long journeys. de-
tachment from business. days and weeks of
hotel bills in the highest priced places in the
United States. In every important city are
wholesalers who are contendng for the trade
OF their tributary territory. and some Of these
wholesalers search for buyers all over America.
Retailers of the slope west OF the Rockies
canvassed by Portland and San Francisco.
The eastern slope is covered by the statesmen OF
Denver and Omaha, the middle distance by
Kansas City. st. Paul. Minneapolis Detroit
and Milwaukee. while St. Louis. Chicago and
Cincinnati reach out for trade far South and
far to the West.
Yet the great jobbing and speciality houses OF
New-York sell as much drygoods. twice
much, as tho jobbers of all these cities and all
other jobbers in the United States combined.
Some Of the goods are sold twice or three times
at wholesale. but NewYOrk sells them first. md
this as has been indicated, is because New
York is the great depot and central distributing
point of American textile interests. The New
York jobbcrs are in closest contact with the
sources of supply. and because Of that they
have opportunities that are in part denied to
the wholesalers in other cities The reason
buyers make expensive trips from every where
In the United States to New York Is because 1t
pays them to come. They can buy more cheap
ly here, or IL they stay at home. cheaply
Of the travelling agents of the New-York houses
First choice. nearnes5 to the source Of sup
ply. means often the chance to buy at less
than their value the stocks OF manufacturers or
importers who want to turn them at once into
cash. Every such manufacturer knows that he
can go to any one of dozen houses and get
check for $4,000. $4,000 or 100000. If he is
in instant need OF money, IL he is overstocked
IL the Is backward if he thinks that
styles will change and his stock depreciate. the
manufacturer seeks cash buyer in one of
the big houses lie wants to make a big turn
Cash in New-York means cash. Elsewhere
cash Is from ten to thirty days
1t Is the knowledge Of tremendous outlet
that makes the New-York merchant holder.
stronger and quicker buyer than his competitor.
He may not possess more nerve than his COM
petitor but he knows that with energy and
hustling he can dispose Of his goods quickly and
that If ii becomes necessary to turn over his
purchases there are always many buyers ready
to relieve him Of his stock. IL the buyers are
not in the city at the moment. his travelling
salesman will reach them somehow, for where
Is there a hamlet small that it does not know
the New-York drummer?
Within small radius there is a population Of
ten million people and II these do not suffice he
has the whole continent to draw from. The
Western market. dependent on New-York for
its supplies. cannot possibly compete with it.
The New York merchant trades narrow mar
gins because such a policy gives immediate
outlet to enormous quantities OF goods that
would not otherwise be moved.
ALL KINDS OF GOODS.
The trade OF New-York Is confined alone by
the limits Of the continent. Wholesalers in other
cities must depend largely upon limited terri
tory, and can buy only what the tastes Of their
patrons demand New-York buy anything
that any section OF the country can use for all
sections buy here 1t Is for this reason that New
York jobbers command the sources OF produc-
ton and market the products of a thousand
mills In bulk.
In addition to It's great houses for the sale OF
general lines New-York has its specialties by
the thousand One OF these great special houses.
the largest in New-York. dealer In rugs and
Oriental novelties carries 1000 900 in stock as
many as twenty thousand cases OF full packages
at time. This house has agents al over the
world and Is without rival in London, Paris