According to “The Empire State: Its Industries and Wealth,” published in 1888, the One Price Clothing House was originally established at Rochester, N.Y. by W.H. Spafford, who in 1887 “transferred his sphere of usefulness from that populous trade centre to the flourishing and enterprising city of Schenectady. This house has since enjoyed a well-merited and marked degree of success, owing to the general excellence and reasonable price of all goods dealt in. In July, 1888, Mr. H.F. Smith purchased the establishment. The premises occupied consist of an elegantly fitted up apartment, 90 x 75 feet in dimensions, in which the stock is advantageously displayed, and every convenience is at hand for the prompt and satisfactory execution of orders, three clerks being employed. Here can be found a full line of ready-made clothing of novel design and excellent finish, hats, caps, neck-wear, hosiery, underwear, and everything usually included in a complete assortment of men’s clothing and furnishing goods. Mr. Smith gives his close attention to every detail of the business engaged in, and leaves untried no worthy means of pleasing his many customers with the merchandise handled.”
I don’t know how long the One Price Clothing House survived. This ghost sign for the business, or at least one of its successors, is still visible from the Amtrak platform at the Schenectady station.