HOW THEY DO IT IN AMERICA.

Wairarapa Daily Times, Volume 3, Issue 706, 2 March 1881, Page 3

HOW THEY DO IT IN AMERICA.

How they do it in America is illustrated by the following tcloj>ram from ...Chicago, forwarded totho London Times T " In July, 18ty after one number of the firm of Armour &Co. had returned . from Europe, where ho had been taking observations of the pork market, tlio firm began buying por k. and in December, when it had risen to 14d015., closed out, making a profit of 2,000,000d015. Wot satisfied that it had reached tho highest point they continued buying pork till it had dropped from 14dols. to 9dols. . absorbing their profit and an additional million. In April of this year they began buying at from lOdols. to lOdols. 50 cents •a barrel, and bought up 360,000 barrels :. of spot pork between these figures and '•■ 1,260,000 barrels of options. ' For the last three months they have been closing out; their gigantic purchnses a> prices . ranging from lfidols. toloMokfiO cents, clearing over seven millions on this deal, and being winners on the two deals to the extent of six millions."

KKMWSCBSCES ot wawAwmw.—ln th year 1845 & worthy citizen pipaded his way with some difficulty 'through fern and li-tree to Te 'Aro Flat baing m Kcorch of thesurveyr's opeg which had been driven in at the corner of what is now Cuba and Dixon streets, Upon this, spot was erected a small house, in which ft very successful drapery business was carried on by two ladies of remarkable talent and energy, who have long, since retired from the scene to the land of their birth—

[-"Land o» the mountain and the flood, Land of brown heath and shaggy wood. In tho year 18GG ft passed into the hands of Mr Jaws Smith, the present proprietor, who gave to tho premises the appropriate name of To Aro Honse, and under whose management business has steadily progressed with tho rising fortunes of the city, until at length it was found that a considerable enlargement was necessary, and the result was, Te Aro House, as at present, one of tho most complete and Extensive Drapery Establishments in tho colony of New Zealand. Tho Jenenil Drapery occupies a large spaco, being 49 feet by 25 feet, amply sufficient for all Manchester goods, Fancy Dresses, Silks, Gloves, Hosiery, Biblons,Laces, 4c. -TheMen's, Boy's,and Youths' Clothing Department measures 24 feet by 14 feet, and has attached a comfitable fitting-room. Carpels and Household fuiniuhings have a similar space allotted to them. Tho Show-room for tho sale of Millinery, Mantles, Jackets, Costumes, 4c., is a very spacious apartment, elegantly fitted up, and beautifully lighted from the roof, and measures 39 feet by 22 feet. The stock of goods s at all times large and well selected, and patterns are forwarded post free on apportion. A special feature at To Aro House is the Order Department, and very careful attention is paid to tho wants of Country Residents. Allordersare executed under the immediate-supervision of the proprietor, and securely packed and forwarded to their destination with that promptness and despatch which have always distin guished Ta Aro House, Cuba-street, Welling On.—fADVT.I '