Proceedings of the Pennsylvania Pharmaceutical Association Volume 11-17

Proceedings of the Pennsylvania Pharmaceutical Association Volume 11-17

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1888 edition. Excerpt: ...is of a serious nature to the wholesaler's cofifers. These unions are composed of legitimate druggists, whose sole object is to unite in the purchase of rebate or other goods in large quantities, thereby obtaining the goods at the lowest possible net price; if necessary by paying spot cash. The goods are portioned out amongst the members of the union at jobbers' prices. At the expiration of stated periods, the jobbers' profits or rebate is divided proportionately among the members of the union. This process does away with the middle-man, the retailers buying direct around the jobber from the manufacturer This gives the retailer equal advantage as to the cost of goods with the professional cutter, and he has a trifling amount more of a profit to work on as a basis than he would otherwise have if he was compelled to buy from the jobber. Numerically speaking, comparatively few retail druggists enjoy the privileges of these unions. The rebate plan affects the retailer (lisastrously in numerous ways..F1'r.rl, by enzouragi/lg " muslin zlruggists " and cutter: in general. A muslin druggist, with his vast amount of capital and credit, pay_ing cash. can buy many of the leading proprietaries at reduced prices. Purchasing them at reduced rates, and in order to encourage sales of stock goods to consumers, he advertises and offers these patents to patrons at such cut prices that he creates the popular belief that the druggist is an extortionist, and that he, the dry-goods man, is a considerate medium between consumer and manufacturer. The injury the muslin man does the poor druggist by such slaughter in prices is very great, the cutter caring nothing so long as he can advance his own selfish ends. Probably this very same muslin...show more

Product details

  • Paperback | 420 pages
  • 189 x 246 x 22mm | 744g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236922492
  • 9781236922496