. Almon Danforth Hodges and his neighbors . hada training of seven or eight years with a concern which hadprospered and then failed, and he had benefitted by both thesuccesses and the mistakes of his employer. The businesseducation of the junior partner, now 22 years of age, has beenindicated in the preceding pages. The two worked togethermost harmoniously,* and the firm was successful from thestart. * I860, Jany 20. John Jones Stimson, aged 61, my dear old friendand former partner, died this morning at half-past one, without previouswarning and after only a few moments of distress. He was bor
. Almon Danforth Hodges and his neighbors . hada training of seven or eight years with a concern which hadprospered and then failed, and he had benefitted by both thesuccesses and the mistakes of his employer. The businesseducation of the junior partner, now 22 years of age, has beenindicated in the preceding pages. The two worked togethermost harmoniously,* and the firm was successful from thestart. * I860, Jany 20. John Jones Stimson, aged 61, my dear old friendand former partner, died this morning at half-past one, without previouswarning and after only a few moments of distress. He was born June11, 1798. We were in business in Providence from February, 1823, toFebruary, 1845, a period of 22 years, and probably no copartnership wasever more pleasant and happy. I have no recollection of a single harshword, or of any unpleasant circumstance to be remembered over night,during our whole business life. He was one of natures noblemen, astrictly honest and faithful man and, I believe, a true Christian. [Jour-nal of A. D. H.] (116). BUSINESS LIFE IN PROVIDENCE. 117 We commenced business in a wooden store (owned byPeddj Bowen of Norton) which stood on the south corner ofLeonard and South Water Streets. We were very prudentin all our expenses. For board and washing we paid $ week each. Our store rent was about $200 per think our whole stock in trade never averaged during thefirst year over -SiSjOOO at any one time. When Ave completedour first account of stock (about Feb. 14, 1824), we werepleased to ascertain that, after paying all our store expenses,which amounted to less than $400, and our personal ex-penses, which were less than $300 apiece, we had made clearabout $900, or $450 each. On May 22, 1824, we moved toanother wooden store on the opposite (or northwesterly) sideof Leonard Street, owned by Dr. William Bowen. Our lease,which had about ten months to run, was bought of us for$300, which sum was more than the whole amount of rentthat we had paid for t
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