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and teachers, and on goods sold in quantities to libraries and large buyers outside the trade.

Resolved, further, That we deem it right and for the best interests of book-buyers to make their purchase of, and to sustain the local bookseller, that the business of the locality may be developed for the common good. The business of selling books is not among the profitable kind of commercial enterprises, and yields but a fair living, and requires unusual intelligence to successfully prosecute it.

Resolved, That, in view of the insufficiency of the present system of trade sales, and also of commercial travelers, to meet the wants of the trade, that in lieu thereof this Convention appoint a committee with power to establish and conduct a semi-annual Book Trade Sale or Fair, at which the publishers shall offer their books during the period of the sale or fair at special terms to the trade.

Resolved, That the publishers be requested to send, as far as possible, editorial copies through the local bookseller, and that the bookseller exercise due care in the prompt delivery of the books and in the transmission of notices to the publishers.

Resolved, That this Convention most cordially recommend to publishers the project of Mr. E. Steiger of New-York, as set forth in his circular, of compiling and distributing among booksellers classified catalogues of American books and reprints, and hope that the publishers will sustain him by promptly furnishing him with their catalogues and such information as he desires to complete his lists.

Resolved, That this Convention recognize the Publishers' Weekly as the established organ of the entire trade, and recommend it to publishers as the medium through which they should make their "first announcement" of books they propose to publish, and the full title of all books immediately on publication.

Resolved, That the Convention appoint a Committee on Permanent Organization of the Book Trade of America.

Resolved, That we mutually pledge ourselves to the maintenance of the discounts and recommendations of the Committee of Thirty, adopted by this Association on and after September 1st, 1874.



The Central Booksellers' Association adopts twenty (ao) per cent as the maximum discount to be given to libraries, schools, teachers, professional men generally, and other large buyers outside the trade, with the exception of supplies of school-books for first introduction ; specimen copies of school-books for examination ; school-books for schoolboards and State normal schools created by law and authorized to purchase supplies from public funds ; school-books for schools, other than Sunday-schools, supported by religious and benevolent societies, and purchasing their own supplies of school-books; and to such merchants as deal in books and school supplies.

The undersigned publishers and booksellers hereby accept the above by-law of the Central Booksellers' Association, to take effect on the 1st of January next, and agree that the terms herein named shall be the rates of discount thereafter allowed on all sales at our establishment. [Note: This agreement, as signed by those following, is understood to restrict discounts to the classes named, all other retail buyers to be charged catalogue retail prices.]

[The " Note" was added at the Philadelphia meeting, to cover an issue not before raised.— Ed.]

Signers of the 20 per cent Rule.



Amer. Tract Society, H. E.

Simmons. E. Goodenough. J. B. Ford & Co. Clark & Maynard. J. N. Stearns, Nat. Temp.

Soc. Thomas Nelson & Son, Jas.

Robertson, Attorney. James Miller. J. W. Schermerhorn & Co. G. P. Putnam's Sons. Nelson & Phillips, Methodist

Book Concern. Geo. Routledge & Son, Jos.

L. Blamire, Agt. Ivison, Blakeman, Taylor &

Co. Harper & Bros. Henry K. Van Siclen. N. Tibbals & Son. U. D. Ward. G. W. Carleton & Co. August Brentano. G. S. Scofield, Agent Amer.

S. S. Union. Macmillan & Co. Sheldon & Co. Henry Holt & Co.

I Lee, Shepard & Dillingham.

A. D. F. Randolph & Co. I Geo. R. Lockwood.

Scribner, Armstrong & Co.

Scribner, Welford & Armstrong.

Dodd & Mead.

Dick & Fitzgerald.

Baker, Pratt & Co.

A. S. Barnes & Co.

E. J. Hale & Son.

F. W. Christern.

D. Appleton & Co.
R. Carter & Bros.

E. P. Dutton & Co.
Smith's Homoeopathic Phar.,

H. M. Smith.
Hurd & ftoughton.
Jno. Wiley & Son.
Pott. Young & Co.
Warren & Wyman.
T. Whittaker.
Baptist Pub. Society, G. M.

Van Derlip.

B. Westermann & Co.
Albert Mason.

W. J. Widdleton.

Collins & Bros.

R. Worthington & Co.

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Publishers' Board of Trade.


Summary of minutes of a special meeting, held October 28th, 1874:

The committee appointed at the previous meeting, to consider the request of the Central Booksellers' Association, in regard to discounts on school-books outside of the trade, reported the following proposed by-law, which was adopted:

XXXI. School-books and other articles enumerated in By-law XI. shall be sold at no greater discount than 20 per cent from the published retail prices, with, the following exceptions:

1. Supplies for first introduction. [See Bylaw XI.]

2. Specimen copies for examination. [See By-law VIII.]

3. To school boards and State normal schools created by law, and authorized to purchase books or supplies from public funds.

4. To schools supported by religious and benevolent societies purchasing their own supplies.

5. To such merchants as deal in books and other articles named in By-law XI.

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Report of Committee on the Book Fair.

The Committee appointed by the American Book Trade Association at its last Annual Convention, held at Put-in Bay, Ohio, to consider the subject of establishing a Book Fair to replace the present " trade sales," desire to make this preliminary report.

As the annual meeting of the Convention will not be held for some time, and there is a natural desire on the part of the trade to know what has been accomplished, we deem this the most suitable way of giving information on the subject.

The Committee have had several sessions, and have given to the subject considerable time and thought. The object sought to be accomplished by the Book Trade Association, although desirable in itself, is not easy to carry out.

The Committee felt from the tone of the discussion at the Convention at Put-in Bay, last summer, that it was the almost unanimous conviction of the large number of intelligent booksellers there assembled, that the present trade sale had outlived its usefulness; that' it had failed to accomplish the primary object for which it was started, that of drawing together all the members of the book trade, from all sections of the country; that, in fact, the largest and most enterprising booksellers were those who least frequently visited the trade sale; that the auction element enabled a certain class of booksellers in larger cities to lay in semiannually a stock of books at such low prices that they were constantly breaking down the regular prices of books. Indeed, the sentiment seemed to be that no permanent reform could be made while the trade sales were continued. While the Committee felt the full force and justice of these claims, it has yet appeared to them a very difficult task to inaugurate a new system to supersede the old, which would have all its advantages with none of its drawbacks. The objects to be accomplished by the proposed "Book Fair," or "Booksellers' Exchange and Clearing House," as your Committee have decided to call it, were first, and by far the most important, a general assembling of booksellers from all parts of the country once or twice a year.

The advantages of having the booksellers and publishers meet frequently, compare opinions, and modify each other's views and plans, are too obvious to need discussion.

The publisher certainly needs to see his customers in order to conduct his business on an intelligent and liberal basis. Every intelligent publisher feels that he can have no substantial and lasting prosperity while the booksellers of the country are embarrassed and crippled.

Every bookseller who would conduct his business in a liberal and enterprising manner, keep thoroughly posted, and be really worthy of the name of bookseller, should visit the publishing centres frequently. In order to accomplish this all-important object of drawing the trade together, the publishers must offer inducements sufficiently liberal to make it clear to every bookseller that it is to his interest to attend every meeting of the Booksellers' Exchange and Clearing House. This, we believe, the publishers will do.

[Here follows the plan, printed, as more fully developed, elsewhere.—Ed.]

The whole success of the movement must depend on the manner in which it is supported by the book trade of the country. The Committee have conferred with many of the leading publishers (both school-book and miscellaneous) and all have cordially assented to the plan. It only requires the hearty support of the booksellers to inaugurate a great success.

Wm. H. Appleton, Chairman. Isaac E. Sheldon, Secretary.


GEO. A. LEAVITT & CO., Managers.

Commencing MONDAY, JULY 19, 1875.




These favorable terms, together with such special inducements as publishers may offer in reduction of prices, etc., are made only for the time specified. The publishers do not and will not extend their usual terms of credit, and it is only for this occasion that these unusual advantages of prices and credit are offered to the Trade, and it must be distinctly understood that immediately after the close of the Exchange the usual terms of credit and prices will be maintained. It is hoped, therefore, that the Purchasing Trade of the country will not only avail themselves of these peculiar advantages offered by the publishers through the Exchange (advantages that can not be obtained in any other way), but, at the same time, substantially aid the work of reform.

The Managers are permitted to state that THE AMERICAN BOOK TRADE ASSOCIA'N earnestly desire that the Trade throughout the country will give its hearty and active support in establishing and maintaining the Exchange. This plan of sale is an essential feature of the great movement for reform. It has all the advantages of the Trade Sale, without any of the evils attendant upon that system.

The following Publishers and Manufacturing Houses are, so far, members of (and will be represented at) the Exchange, commencing Monday, July 19th, 1875.


American Tract Society.
Brewer & Tileston.
Davis, Robert S. & Co.
Ditson, Oliver & Co.
Estes & Lauriat.
Graves, A. F.
Gill, Wm. F. & Co.
Lee & Shepard.
Little, Brown & Co.
Lockwood, Brooks & Co.
Lothrop, D. & Co.
Nichols & Hall.
Osgood, J. R. & Co.
Prang, L. & Co.
Roberts Brothers.

Adams, Victor & Co.
American News Co.
Anthony, E. & H. T. & Co.
Appleton, D. & Co.
Authors' Publishing Co.
Baker, Pratt & Co.
Barnes, A. S. & Co.

Carleton, G. W. & Co.

Cassell, Petter & Galpin.

Clark & Maynard.

Collins & Brother.

Denham, A.

De Witt, R. M.

Dick & Fitzgerald.

Dodd & Mead.

Dutton, E. P. & Co.

Ford, J. B. & Co.

Hale, E. J. & Son.

Happy Hours Company.

Harper & Brothers.

Haverty, P. M.

Hinton, H. L.

Holt, Henry & Co.

Hurd & Houghton.

Ivison, Blakeman, Taylor & Co.

Kehoe, Lawrence,—C. P. Society.

Kenedy, P. J.

Lee, Shepard & Dillingham.

McLoughlin Bros.

Macmillan & Co.

Miller, James.

Nelson & Phillips.

Nelson, Thomas & Sons.

O'Shea, P.

Patterson, F. B.

Potter, Ainsworth & Co.

Putnam's Sons, G. P.

Randolph, A. D. F. & Co.

Routledge, Geo. & Sons.

Sabin, J. & Sons.

Sadlier, D. & J. & Co.

Schmidt, L. W.

Somerby, Charles P.

Scribner, Armstrong & Co.

Scribner, Welford & Armstrong.

Sheldon & Co.

Steiger, E.

Strong, T. W., late E. Dunigan & Bro.

Tompkins Kilbourne.

University Publishing Co.

United States Publishing Co.

Virtue & Yorston.

Van Nostrand, D.

Widdleton, W. J.

Warren & Wyman.

Wiley, John & Son.

Wood, Wm. & Co.

Worthington, R. & Co.

World Publishing House.


Baird, Henry Carey & Co.

Burlock, S. D. & Co.

Claxton, Remsen & Haffelfinger.

Desilver, Charles.

Harding. Wm. W.

Holman, A. J. & Co.

Lippincott, J. B. & Co.

Mc Kinney, H. N. & Co.

Peterson, T. B. & Bros.

Porter & Coates.

Potter, John E. & Co.

Shaefer & Koradi.

Springfield.—G. & C. Merriam.

Baltimore.—Kelly, Piet & Co.

Troy.—H. B. Nims & Co.

New-Bedford.—Taber, Charles & Co.

Buffalo.—Martin Taylor.

Cincinnati, Ohio.—U. S. Soap-Stone Man-
ufacturing Co.
Dublin, Ireland.—Dublin Steam Printing


HOLYOKE. Massasoit Paper Co. Writing Paper Co. Union Paper Co. Holyoke Paper Co.—J. Q. Preble & Co., Agents.


Chamberlin, Whitmore & Co.
Samuel Raynor & Co.

J. Q. Preble & Co., Blank Books, Envelopes, Papers.
Edward E. Brown.
Liebenroth, Von Auw & Co.
Berlin & Jones Envelope Co.
American Lead Pencil Co.
Carter, Dinsmore & Co., Inks.
Charles D. Pratt.
Porter & Bainbridge.
Eagle Pencil Co.
Henry Levy & Co.
Manhattan Book Co.
Anderson & Cameron.
Robert Sneider.

L. Dubernet, Passe-Partouts, etc.

R. B. Dovell's Son, Inks, etc. .


Powers Paper Co. Writing Papers, Envelopes,

Papeteries. Union Ink and Paper Co. Springfield Envelope Co.


The First Meeting of the Exchange will commence Monday morning, July 19th, 1875.

The Exchange will be open for business daily, during its session, from 9 A. M. to 6 p. M.

Each Publishing House will have specimens of such books as are necessary; and will have a desk at the Sale Rooms where some member of the firm with his clerk maybe found during the period assigned for the holding of the meeting of the Exchange.

Each firm to be allowed to make such special prices as they may think best in each individual case.

The purchaser to obtain a credit from Leavitt & Co. on four and six months time for such amounts as he wishes, as per terms of sale.

Goods may be ordered at the Exchange to be delivered any time within thirty days; the purchase to date from time of shipment, but such arrangement to be made at the time of purchase.

Purchasers at the Exchange must be personally present, or be represented by a clerk fully authorized to make purchases.

Books will be packed by the respective contributors, and where the lots are small, arrangements can be made to have purchases from several invoices packed, and no charge will be made, except for boxes and cartage.

All purchases shall be made in good faith for the sole use of the respective purchaser.

Any Publisher or Manufacturing Stationer who contributes to the Exchange shall be a member; also any respectable Bookseller who desires to purchase; and they shall be furnished with tickets of admission by the Managers, and no others shall be admitted to the Exchange.

No goods shall be bought or sold at the Exchange except under the letter of credit from Messrs. Leavitt &Co.

No business shall be transacted at the Exchange except by members; and all transactions shall be made under the rules of the Exchange.

All questions in dispute to be decided by the Committee on Booksellers' Exchange and ClearingHouse.

The Committee express the hope that all members of the Exchange will unite in carrying out the rules of the Exchange, and discountenance any thing not in accordance with its spirit and intent.


On all purchases amounting in the aggregate to $1000 and upward, four and six months' credit; on purchases less than $1000, and more than $300, four months' credit; and purchases less than $300, cash without discount.

Approved indorsed notes, payable in the City of New-York, to be dated on the last day of sale, drawn to the order of the indorser, and satisfactory to the managers, will be required. Bills must be settled before the delivery of goods, and within ten days after the sale.

A letter of credit to purchase may be obtained from Messrs. Leavitt & Co. for such an amount as desired. It is desirable to attend to this in advance of the meeting of the Exchange; if not, parties should come prepared with the name of their indorser, and references as to the responsibility of the indorser from reliable parties, say from a Cashier of a National Bank in the neighborhood, that no unnecessary delay may arise in commencing business. A good indorser from the residence of the buyer will be satisfactory.

The gross amount of goods bought from each house shall be indorsed on the letter of credit, and at the close of the Exchange, all purchases to be settled for immediately, by two notes of equal amounts at four and six months' credit (if more than $1000), for the total gross amount of all the purchases of each buyer (or if preferred, three notes at four, five, and six months).


Publishers to the University of Oxford,




beg leave to announce that at the approaching "Book Trade Fair" they will offer to their customers a full line of their most important publications, in all branches of literature.

Messrs. Macmillan & Co.'s list comprises a number of valuable School-Boolcs, prepared by the highest authorities on the various subjects of which they treat. They are carefully printed, strongly bound, and in many cases fully illustrated, and are in every way adapted for use in Universities, Colleges and Schools. A list of some of the more prominent will be found in the following pages.

Among Messrs. Macmillan & Co.'s most recent publications in general literature may be mentioned:

THE UNSEEN UNIVERSE; or, Physical Speculations on a Future State. 8vo, cloth. $1.

"Will doubtless be found suggestive both by men of science and divines: and it deserves to be widely read."—Tkt Nation.

LADY DUFF GORDON'S LAST LETTERS FROM EGYPT. To which are added Letters from the Cape. With a Memoir by her daughter, Mrs. Ross, and a Portrait engraved on steel by C. H. Jeens. Crown 8vo. $2.

EGYPTIAN SEPULCHRES AND SYRIAN SHRINES. Including a Visit to Palmyra. ByEmily A. Beaufort (Viscountess Strangford), author of "The Eastern Shores of the Adriatic." Crown Svo, cloth. $2.50.

MACREADY'S REMINISCENCES, and Selections from his Diaries and Letters. Edited by Sir Frederick Pollock, Bart, one of his executors. With four Portraits, beautifully engraved on steel, by C. H. Jeens. Author's Popular Edition. i2mo, cloth. $1.50.

WILLIAM, EARL OF SHELBURNE, afterward First Marquis of Lansdowne. His Life, with extracts from his Papers and Correspondence. By Lord Edward Fitzmaurice. Vol. I., 17371766. 8vo. $4

WHAT WE SAW IN AUSTRALIA. By Rosamond and Florence Hill. Crown 8vo. $3.

THE DUKE AND THE SCHOLAR, and other Essays. By T. L. Kington-Oliphant, M.A. 8vo. $2.25.

A TEXT-BOOK OF BOTANY. By Dr. Julius Sachs, Professor of Botany in the University of Wttrzburg. Translated and annotated by A. W. Bennett, M.A., Lecturer on Botany at St. Thomas' Hospital, assisted by W. Thistleton Dyer, M.A. With nearly 500 Wood-cuts. Royal 8vo. Half bound in morocco, f 12.50.

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