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Chapter 5 COMMERCIAL TERMS AND USAGES (Continued)

Word Count: 556    |    Released on: 06/12/2017

es. The positions and industries of cities are usually fixed by natural conditions, but the most powerful agent is the personal energy of enterprising and persevering men, who, by superio

sold in a single transaction, trade is divided into wholesale and retail. The wholesale dealer sells to other dealers, while the retail dealer sells to the consumer-that is, the person who consumes, or uses, the goods. A jobber is one who buys from importers and manufacturers and sells to retailers. He is constantly in the market for bargains. The names jobber and wholesal

out with his samples from six months to a year in advance of the time of delivery. It is quite a common thing for

pense of production and partly upon the relation of supply and demand. Prices are affected by the creation of monopolies, by the opening of new markets, by the obstructing of the ordinary channels of co

sh us with beef from Texas, potatoes from Egypt, celery from Michigan, onions from Jamaica, coffee from Java, oranges from Spain, and a hundred other things from as many different points; and yet, so complete is the interlockin

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“Including lessons in banking, exchange, business geography, finance, transportation and commercial law from the chicago record.”