There are not many cotton mills or weaving sheds in Manchester, which is, however, the great distributive centre, and its Exchange is the meeting-place of most classes of buyers and sellers in the cotton trade and various trades allied to it.
In London four ale-conners, whose duty it is to examine the measures used by beer and liquor sellers to guard against fraud, are still chosen annually by the liverymen in common hall assembled on Midsummer Day.
The drugs used by the physicians and apothecaries were purchased from the grossarii or sellers in gross, who were subsequently called 'grocers, some of whom specialized as druggists and others as chymists or chemists.
This doctrine of Attrition had not the undivided support of the theologians of the later medieval church; but it was taught by the Scotists and was naturally a favourite theme with the sellers of Indulgences.
At that period the chief concern of the body was to prevent buyers from being imposed upon by sellers who were much given to offering old furs as new; a century later the Skinners' Company received other charters empowering them to inspect not only warehouses and open markets, but workrooms. In 1667 they were given power to scrutinize the preparing of rabbit or cony wool for the wool trade and the registration of the then customary seven years' apprenticeship. To-day all these privileges and powers are in abeyance, and the interest that they took in the fur trade has been gradually transferred to the leather-dressing craft.
He owned many ships, and traded with great profit to himself abroad, because he could promise, as a king, advantages to foreign buyers and sellers with which no mere merchant could compete.
This is made possible by technology and the Internet, which is used to connect buyers and sellers worldwide and bring information (world commodity prices) to the far reaches of the globe.
Before the crop is all gathered in a meeting of buyers and sellers takes place in each district, at which the price to be asked is discussed and settled, and the opium handed to the buyers, who in many instances have advanced money on the standing crop. When sufficiently solid the pieces of opium are packed in cotton bags, a quantity of the fruits of a species of Rumex being thrown in to prevent the cakes from adhering together.