Hay Marketing in New York City (Classic Reprint)
Excerpt from Hay Marketing in New York City Between the commission receiver or wholesale dealer, and the retail hay dealer, there is often another middleman. Called a broker, who acts prac tically as a sales agent for the commission man. He does not take any of the risk or take possession of the hay, but merely gets a fee of $3 per car for finding a buyer and making the sale. When the broker acts as agent of the farmer he usually charges $5 per car. Some dealers licensed to sell hay on commission actually dispose of their hay chieﬂy through these brokers. In spite of the decrease in volume of hay business in this market, the total number of dealers seems not to have decreased in the last ten years. As a result competition for shipments is very keen and costs of marketing are higher than they would be with a closer concentration of the business. The highly competitive condition of the market is a handicap to any real im provement of conditions. It not infrequently happens that there are more salesmen on the ﬂoor, at the 33rd Street sheds, for example, than there are buyers. Very few of the old established firms are able under this competitive condition to use their organizations to anywhere near the maximum capacity for efficient service. Between the wholesale commission receiver, or the broker acting as agent, and the ultimate consumer there are both jobbers and retailers each of whom expects to make a living by dividing up carlots and supplying the particular needs of their clientele. The jobber buys at the terminal market and sells to the retailer or to large stables. The retailer keeps stocks on hand to sell by the bale or in larger quantities. Sometimes the two types of business are merged. There are a few firms who receive in carlots on commission who also sell at retail. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
- Paperback | 22 pages
- 152 x 229 x 1mm | 45g
- 21 Feb 2018
- Forgotten Books
- 7 Illustrations; Illustrations, black and white