Page:The Granite Monthly Volume 7.djvu/188

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164

��THE GRANITE MONTHLY.

��On the disposal of the Newmarket store, John C. Lotbrop was placed in a drug store at Great Falls. This was continued until the added business of clothing became specially profitable, and the drug store was disposed of, and John C. Lothrop still remains there in that branch.

In Dover, where the drug business had become concentrated, it had also become expanded. There was a fa- vorable opportunity to purchase the former business of Dr. Joseph H. Smith, and it was purchased, and car- ried on, under • the oversight of Dr. James E. Lothrop, by salesmen. This he .removed to the corner of Wash- ton and Central Stress, and built up a business, but sold it in 1866. The old buildings on Franklin Square were torn down, and they moved into the brick block. It was absolutely neces- sary, from increase of business, to enlarge their working force, and they conveyed to Mr. Alonzo T. Pinkham a half interest. The drug store was then carried on under the style of Lothrops & Pinkham, and is still suc- cessful in the highest degree.

When, about twenty-nine years ago, Oliver ^Vyatt left the store next above Morrill's brick block, and transferred his clothing business to the south side of the river, Mr. Lothrop conceived that there was still a great opportunity for such a business on the north side. The firm of D. Lothrop & Co. accord- ingly seized upon the vacant store and opened a clothing house. Doubtless they were also influenced by the fact that their father, Daniel Lothrop, sen- ior, desired to enter some such busi- ness, and the style of this house was Daniel Lothrop & Sons. They early established branches at Rochester and Great Falls. That at Rochester was sold out profitably in due time. The firm purchased, also, about six- teen years ago, the clothing business of Joshua Varney, but about five years after they brought it to the home store on Franklin Square.

While the new block was building, their whole clothing business was ne-

��cessarily in the Varney store. Since its return it has remained in the elegant room in the new block. Two changes, however, occurred. The father, Daniel Lothrop, senior, did not enter the new building. Just before its completion, his lamented decease returned the firm to its former three members. An ad- dition became necessary. A brother, M. Henry Lothrop (late president of the Common Council of Dover), after eight years' servive as salesman, in 1877 took one half interest in the clothing business here, D. Lothrop & Co. re taining the other half, and M. Henry Lothrop being in charge of this busi- ness. Since 1870 they have been in the new, lofty, spacious store which forms the centre of Morrill's new block. But in 1880, M. Henry Lothrop was transferred to the Boston department, and the firm entered into partnership with Charles H. Farnham ci Co., who took a half interest in the clothing busi- ness in Dover, and that business is conducted by Lothrops, Faniham iS:Co.

To the Dover business was also added, in 1873, another department, consisting of musical instruments, music, and machines, which has since grown to immense proportions, being now the largest of its kind in the state and probably in New England.

The subordinate management of all these various departments of business must necessarily be in the immediate care of responsible interested parties, yet the general finance and leadership of the whole rests with James E. Loth- rop.

It should be noted also, that in a critical time of business, 185 7-9, owing to the absence and temporary illness of Daniel Lothrop, the whole extended Ijusiness, in every direction, was thrown into the hands of James E. Lothrop, who conducted it with steady success.

The name of D. Lothrop cS: Co. has even more than a national reputation. In 1850, in Dover, they purchased the stock of books held by T^lijah Wadleigh, and began business as book-sellers. In 1852 they purchased the entire build- ing. In addition to their retail busi-

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