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Whom to Trust; A Practical Treatise on Mercantile Credits: (English)

Whom to Trust; A Practical Treatise on Mercantile Credits: (English)

          
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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1889. Excerpt: ... not once in a life-time do conditions of trade change in favor of the debtor so as to save him. The rapid increase in the value of goods during the war placed many insolvents on their feet again, but wars can not conveniently be invoked for the preservation of sinking concerns. MERCANTILE REPORTS ANALYZED. No. 1. P. B. Cresson, Stoves, Tin-Shop, and Cornices, Dakota. (February 12, 1888.) He was formerly clerk in this city, and was discharged. He afterward associated himself with one Sardell, and in May, 1887, they began business under the style of Sardell & Cresson, in the manufacture of iron cornices. The business was continued for a short while, when Sardell withdrew, and Cresson continued, under the style of City Galvanized Iron Works. In May, 1887, he was said to have no means, whatever, of his own, and his record as an employe was said to be poor. It was said, his salary of $20 a week was insufficient to maintain his tastes;, that his extravagance ran to women, and that he was in debt here for such articles as jewelry, board, etc. He had a small plant in his business, with little or no stock, and what capital he had invested was said to have been borrowed from some lady friend. At home he was virtu-, ally unknown to the trade at large; his pros pects were reported as poor, and he had no credit. At present he is said to be still single, about forty years of age, keeps a small store, does not credit much, has but a small capital and nothing above his exemptions; is regarded as honest in his dealings; might pay a small bill. To some of the trade who have asked him to make a statement of his worth, he will only say that he has all the backing needed to carry him through; that a party with $5,000 stands behind him, but he refuses to divulge his friend's n...


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Product Details
  • ISBN-13: 9780217417129
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 60
  • Series Title: English
  • Weight: 127 gr
  • ISBN-10: 0217417124
  • Publisher Date: 31 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 3 mm
  • Width: 189 mm

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