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Friday, November 8, 2024

CHARLES A. ANDERSON & COMPANY

CHARLES A. ANDERSON & COMPANY

THE abnormal conditions of activity in the American market for metals, ores, chemicals, oils, waxes, and other materials of industry, incited by the world war, the isolation from the markets of Germany as a source of supply, the war needs of the Allied Powers, the home demands of American industry working at top speed, have not only taxed the capacity of old- established firms in the chemical and metals trade but have furnished an opening for new firms to engage in the business under conditions most favorable to enterprise, experience, and energetic efficiency.

A firm which in a remarkably short time has built up a position of much prominence in the trade is that of Charles A. Anderson & Company, merchants, importers, and exporters, of 120 Broadway, New York. It is a firm composed of young men who brought to its organization in January, 19x7, the benefit of former experience in the metals-chemical trade, complete technical knowledge of the varied commodities in which they deal, acquaintance with markets, close touch with market conditions, favorable relations with sources of supply and the area of demand, and every facility for the prosecution of the business successfully. That they used these with wisdom and effectiveness is amply proved by the fact that their first year's business exceeds three million dollars in sales. The business is expanding, and as the course of trade indicates much wider and firmer relations of American commerce in the exportation of these classes of merchandise overseas, the firm is completing arrangements for closer touch with foreign markets, and has already established a branch at Geneva, Switzerland, for more complete commerce with that country. Its export business is steadily assuming larger proportions in that country and Italy, and the firm are also enjoying a steadily increasing export business with South America, where they have agents in Peru, Colombia, Ecuador, Uruguay, Argentina and Chile.

The business of the firm is in direct sales and not on commission consignments, and it is also the direct representative for certain products of an already important and increasing list of manufac-turing concerns. The metal department handles a complete line of the non-ferrous metals and also does a large business in ores, including a large im-portation of antimony and tin ores from Bolivia, and they also handle tungsten chrome and man-ganese ores and others, and have connections which enable them to place and fill orders promptly for other ores as the demand arises. They do an especially active business in tin, copper, spelter, lead, and the various standard alloys, paints, var-nishes and oils, hardware supplies, machine tools, instruments, etc.

In chemicals their business covers the widest range, and the firm issues weekly market reports on the principal chemicals. The principal feature of this branch is the handling of heavy chemicals, including all staple lines of supplies for paper, silk, and textile mills, dyers, etc. The firm carries large lines of chemicals in stock in warehouses in New York, and is thus prepared to fill orders with utmost promptness for immediate delivery.

The transactions of the firm are on a large scale, with the best facilities for the prompt filling of large car lot orders. The increase of export inquiry for chemicals and at the same time the expanding domestic demand coming from the steady growth of home industries have made this branch of their business increasingly important.

The domestic business of the firm extends to every section of the country, and the export busi-ness, while necessarily hampered by the general scarcity of tonnage and the restrictions imposed by war's necessities, indicates a business which will be permanently established with the return of peace upon a scale of unprecedented volume. The men who compose the firm of Charles A. Anderson & Company have mapped out for it a progressive course, establishing their home and foreign connections both for the procurement of com-modities and their sale and distribution on the soundest and most permanent basis. Their pros-perity is firmly based upon sound principles of commerce and well-directed energies applied to conditions as they have found them, and they have their house established in a place among the fore-most in their line of business.

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