The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-11-09
TRADE ALLIANCE
BETWEEN J0BBERs
,.fro-onerative Credit Burcau Tor
Merchants OF Richmond, Nor
3 folk ard Lynchburg.
ALL FOUR CITIES INTERESTED
practical System Viii Operate
Tor Benefit OF Group-Com-
n,itlee Appointed.

s.tens looiSins tro the formation Of
tra de alliance between the merchant 1oo-
hero Of Richmond, Baltimore, Norfolk
and Lynchburg were taken ut u mee'''s
Of they Executive Committee of the TO-
cal bran ch OF the National CredN Men
association, held in this city yesterday
morning.
The pl,.n contempates the establish
ment bf 81 bureau Of credit information
azA adjustment operating 10 the COM
mon benefit OF the four cities interested.
Each of these cities now possesses such
q bureau covering it's own particular -
nalty, but extending no farther, except
In the case OF Baltimore, which has
credit arrangement with Columbus y. II
Is now proposed to Institute a system
that will operate upon tlNe same OASIS
but take In wider stretch Of territory
The matter was tentatively considered
the meeting Of the Richmond branch
held Tuesday night in the Lexington Ho-
tel. Where representatives Of Baltimore
and Norfolk both were present, and was
( referred to the Executive Committee
Tor action. This committee met yester-
tcrday morning. heartily endorsed the
y scheme, and appointed subcommittee to
draw up plan to be adopted by the To-
Il cal association and then submitted to rs
sociations Of the other three cities. THE
II subcommittec consists Of Mr. George II.
Wilson, Of Wil,go, Elicit & Crump; Mr..
u J. T. Woodnn. of r. D. Stokes & Co.,
and Mr.. Hugh Antrim, Of c. w. Antrim
Z e Son.
3 It is believed that the bureau will
q prove Of great service to the jobbers of
sthe four cities BY means Of the local
bureaus these jobbers are now able to,
3 keep in close touch with the credit
q records of patrons. as these records are
II known In the respective cities. But oc-.
casonally buyer may have good
record in Baltimore and doubtful one
{ in Richmond, and the unsuspccting job
Der Is bitten. BY means of the CO.
I operative bureau the Richmond jobber,
when approached by a prospective Gus
toner, before allowing goods to pass into
his hands, would ascertain the nature Of
the buyers transactions In Baltimore,
Iynchburg or Norfolk, or In all three
/ places, and would in this way be able to
protect himself gainst frauds. The same
would, of course, be trues Of the jobbers
in the other cities with respect to Rich
mond. Such systems of interchange
able credit Information have been estab-
1ishcd between groups Of Northern cities
lying close together. and have met with
great success.
Meeting Monday Night.
The quarterly meeting OF the Richmond
branch was held Tuesday night in the
Lexington Hotel. with large attend
ancc present. Mr.. George l.. Fender,
president OF the local association, pre-
sided as toastn.aster and declared the
purpose of the meeting to be a discus
sion Of the aetvisability OF establishing
the cooperation credit bureau referred
to above. Mr.. Fender then introduced
Mr.. S. D. Buck. secretary of the Bal
tilnore Association, who explained the
working of the bureau OF that city. Mr..
wv. j. Carter, of Carter, Webster & Co.,
of Baltimore. and Nessrs. Rawlings and
Conrad of Norfolk, all spoke along the
same line. They were followed by