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Ten Per Cent. Wage Reduction in
Brockton Factories.
The Massachusetts State Board of
Arbitration on March 13 announced
a decision effecting a 10 per cent. gen-
eral wage reduction for shoe workers
in the Brockton district. The reduc-
tion went into effect immediately. The
decision applies to forty-four factor-
ies in the district.
The reduction cuts the factory cost
of Brockton grade welt shoes from
12 to 15 cents per pair. Manufactur-
ers immediately wired revised price
lists showing the reduction on new
samples to their salesmen on the road.
The 10 per cent. cut applies to all
day, hour and piece wage prices, but
where the day rate of wage is $11
per week or less, there is to be no
reduction, and no_ reduction shall
bring the rate of wage below $11
per week.
The schedule of employment is not
affected, forty-eight
hours per week. It was not an issue
in the arbitration proceeding.
In some instances, extras and prices
have been made uniform and in some
of these cases the operatives make
remaining at
net gains. These cases apply chiefly
to the lasting and edgemaking divi-
sions.
Opinions by labor men were that
probable notice will be given at once
to the State board that the decision
will be abided by only for the 60
days’ term required by law and then
the cases will be reopened.
The manufacturers’ association will
meet in a few days to review the de-
cision whether a notice for reopening
the issue at the end of sixty days shall
be served on the State board.
The piece price treers, of whom
there are a large number, are not af-
fected by the decision. Their wage
bill was not included in the arbitra-
tion proceeding because of a wage
agreement, dating back to October,
1919, that was not cancelled by notice
of a desire to terminate, as required
by the agreement. This matter af-
fects possibly four-fifths of the treers.
It will be made the subject of a new
issue which may lead to a separate
arbitration proceeding or a mutual
agreement arrangement fo some sort
to meet the situation created by the
general 10 per cent. reduction order
that applies to pay-day treers and all
other piece, hour and day wage work-
ers of all departments.
The public statement by the State
board announcing the reduction was
given at 6:50 p. m. at the State House,
Boston, Monday, and is as follows:
“This decision applies to the Brock-
ton and Old Colony, so-called, com-
prising in all 44 factories.
“A general 10 per cent. reduction is
granted.
“But where the day rate of wage
is $11 per week or less, there is to
be no reduction, and no reduction
shall bring the rate of wage below
$11 per week.
Secretary Frank M. Bump of the
3rockton Shoe Manufacturers’ Asso-
ciation made the following comment:
“The State Board of Arbitration
shoud be commended for its prompt-
ness in handling this case and in ren-
dering the decision. It was a case
that could easily have tied up the
works in uncertainty as to factory
cost for months. The experts for
both sides should be commended for
the co-operation they offered the State
board in making their investigations
as speedy as possible.
“Due consideration will be given
the decision by a meeting of the man-
ufacturers’ association in the immed-
iate future and to whether notice will
be given the State board that the
manufacturers will abide by the de-
cision sixty days and then ask a re-
opening.
The manufacturers, whose salesmen
are in their territories, are busy wir-
ing to-day to the salesmen notifying
them of changes in prices of shoes to
the retailers made possible by the re-
duction of factory cost due to the de-
cision by the board.
“The reduction ordered, beginning
March 13, is already in effect, and it
means from 12 to 15 cents per pair
on the factory cost on that grade of
welt shoe that has made Brockton
famous as a shoe center. Taking the
district into consideration there are
instances where the factory cost of
shoes is benefited from 11 to 19 cents.
The cut in the price of their shoes
to the retailer will date in most all
instances, according to the views
voiced by various manufacturers, on
shoes for which cutting began Mon-
day morning.
The group of items included in the
findings of the State board where
extras are allowed or uniformity of
price for all factories involved, estab-
lished, include the following:
For the edgemakers’ department.
Rough trimming of edges, extra per
twenty-four pairs, $.3136.
For trimming and setting rolled
edges, halfway around and including
all the way around the heel, after
These are tough months
on shoes
A Michigan winter is tough on a shoe, but for
a quarter of a century H-B Hard Pans have been
keeping the feet of Wolverines dry and warm
through the months of snow and sleet and mud.
Only the choicest part of the hide, the “bend”
goes into H-B Hard Pan soles, and the uppers
are re-tanned, the same process specified by the
government for army shoes during the war.
You'll have no trouble satisfying men who are
hard on shoes, with H-B Hard Pans. Send for
catalog.
H-B Hard Pans
HEROLD-BERTSCH SHOE CO.
Grand Rapids, Mich.
Home Case
Jullet—in Stock
Black Kid, Fiex-
| BRANDAU SHOE CO., Detroit, Mich.
MORE MILEAGE SHOES
No. 1008
Free Newspaper Cuts for Our Dealers
Send for above cut for your newspaper advertising. New
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We help our dealers advertise MORE MILEAGE SHOES.
A good line to carry. Those not stocking it ask
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HIRTH-KRAUSE CoO.
GRAND RAPIDS, MICHIGAN
Tanners—Shoe Manufacturers
aaah LOREM
iG ——$ parrmncnitsalssinst
~
March 22, 1922
MICHIGAN TRADESMAN
11
heeling, price and one half, based on
the base price determined by the 10
per cent. reduction.
For solefastening, or Goodyear op-
erators. For welting cork sole shoes,
per twenty-four pairs, $1.30. For two
operations, $1.73 per twenty-four
pairs.
For lasting department — Men’s
shoes, lasting shoes with center per-
forated tips or vamps, per twenty-four
pairs, extra, $.16, the price to be di-
vided, fifty-fifty, between the puller
over and the No. 5 bed machine op-
erator.
For lasting women’ shoes, center
perforations, vamps or tips, per twen-
ty-four pairs, $.20, division to workers
same as for men’s. Old price 24
cents for twenty-four pairs.
The lasters’ union had no general
extra price fixed for lasting perforat-
ed tips or vamps for men’s shoes
heretofore. The decision, it is claim-
ed by E. P. Holmes, in behalf of the
union, gives a gain on this item that
will balance the seeming loss of 4
cents per twenty-four pairs on the
women’s shoes.
Lasters—For chalking lasts with
wet chalk, extra, 2%4 cents per twen-
ty-four pairs. Previous price 3 cents
per twenty-four pairs, extra, in a few
factories. Decision compels payment
of new extra price to lasters in all
factories in Brockton and the district
where the item of work is performed.
Wetting shoes singly, extra per
twenty-four pairs, $.1568, against the
od price of $.1742, and compelling
payment of the new extra in all fac-
tories.
Placing counter back of lap, extra,
per twenty-four pairs, $.1568, com-
pelling this uniform price in all fac-
tories where the operation is done.
Inserting paper between quarter
lining and last extra per twenty-four
pairs, $.0784 for all factories where
the operation is done.
That part of the decision of the
State board that says the 10 per cent.
reducion shall not permit reducing
any weekly wage to less than $11 or
reduce any wage of less than $11 per
week afiects new help. The present
minimum of the shoe industry of this
district, particularly in Brockton fac-
tories, ranges from $12 to $13.50 for
new or green help. There are very
few workers who receive as low as
$11 per week when full time employ-
ment is given. The rate of reduction
for the $12 per week worker is less
than 10 per cent., or from $12 to $11.
The number affected is not large, it
is stated.
The cutter at $43.20 for forty-eight
hours is reduced to $38.88 for forty-
eight hours by the decision. The
operative earning $35 per week by the
day is cut to $31.50. A piece worker
earning $48 last week will, if he or
she earns that amount this week, be
cut by the decision to $43.20. The
worker securing $21 per week under
the old wage this week will have his
or her wage envelope cut down $2.10
to $18.90. It is a case of taking 10
cents off each dollar earned last week,
or in some other week, to arrive at
the basis of the wages for which the
operatives are now at work,
LCs |
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their decision, ‘shopped around”’ consid-
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couraged to do so.
Yet, in the end, they bought a UNITED.
What they found was that it stood comparison,
even with the most costly trucks.
They discovered that UNITED units were the
high-grade kind used on trucks costing very
much more. That UNITED workmanship was
second to none. That its engineering construc-
tion was not merely up-to-date, but in advance.
And, finally, that the UNITED was priced much
less than many trucks of great reputation that
were not capable of rendering any better service
than a UNITED.
So we never discourage comparisons.
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Ask us for specifications and prices.
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United Motors Company
FACTORY AND SERVICE 675 NORTH STREET
Bell Main 770 Grand Rapids, Mich. Citizens 4472
Quality—
rather than quantity production
March 22, 1922
12 MICHIGAN TRADESMAN
(fs Cle What You Can Do.
(2 FINANCIAL :
Le = = : : e You can plan, through a WILL, for the
Controversy Referred to Tradesman
Readers For Settlement.
Match 18—1f I did not
Re ere
Lansing,
have such a high regard for your
paper and for your work [I would
have been very much inclined to
throw your letter in the waste basket
and to entirely revise my opinion of
the Michigan Tradesman. Knowing
the tacts as 1 do, your articles on
page eight and page forty of the edi-
tion of March 8 are jokes. In other
words, you must have had a rambling
brain storm when you wrote them.
To begin with, let us take the arti-
cle on page eight, bearing in mind that
the tenor of the entire article is, as
you admit in your letter, a criticism
of the Michigan Securities Commis-
sion.
1. You are honest enough to admit
that we kicked Harrison Parker out
of the State, as the files of your own
paper will admit. Parker, himself,
committed no crime in this State un-
der which we could hold him. Your
statement that he walks the streets
of Chicago a free man is a little bit
far fetched in view of the fact that a
man who makes such irrational and
distorted statements as you do ought
to at least keep up with the proces-
sion. Parker was indicted last Satur-
day in the Federal court for perjury
and is very apt to land just where
you would want to have him.
2. Universal Stores Corporation.
This is something that passed through
the Commission a very long, long
time before the present Commission
had anything to do with these matters
and before any of the members of
the Commission were even in public
office. The files show nothing dis-
honest or fraudulent in the inception
of the corporation. There was noth-
ing in the files or in the original or-
ganization and nothing presented to
the Commission which would have
given the Commission legal cause to
refuse this application. The fraud
which you allege was committed was
all committed after approval was
given. Not a complaint has come to
this Commission. It is strange that
if $200,600 was stolen from farmers in
a dozen different localities in the State
that no one of them has made a com-
plaint to his own prosecuting atto--
ney. Have you yourself, knowinz
these facts as you do, ever made a
complaint to a single prosecuting at-
torney? In this particular connecticn
you say the following:
“Like Parker, his proper place is
behind the bars, but there is little
likelihood of his ever getting there
because the Michigan Securities Com-
mission winks at his career of pillage
and plunder while he plans new
schemes to defraud the unwary.”
You must know, if you are honest
and intelligent—and I know you are
both—that this statement is wholly
and completely false. :
Regarding the case of Travis. of
Plainwell, it is strange that if this
man has inveigled 600 farmers into
purchasing stocks in some swindling
scheme that these complaints have not
come in to the Commission and that
no one of them has made a complaint
to the prosecuting attorney of Alle-
gan county.
The Williams Iron Company was
a prespect, pure and simple. It was
licensed years ago in the early years
of the Commission and is something»
that this Commission has had nothing
to do with. This Commission has no
right to say that a mining corporation
shall not sell its stock as a prospect
if it has a good prospect, considered
as such by reputable engineers, and
the stock is sold only as a prospect.
You know that just as well as I do
and it is childish and puerile to con-
tend otherwise. You will agree that
even engineers are human. I have
Just had Mr. Duff go through the
records of the Williams Iron Mining
Company and we find that this was
approved upon the recommendation
of the then State Geologist, R. C. Allen,
one of the foremost mining engineers
of the country, the man who for
years appraised all of the mines of
the State for the Tax Commission
and who left here to take a $20,000
position as vice-president of the Lake
Superior Ore Association, an asso-
ciation of Michigan mine owners
with headquarters in Cleveland. What
would you do if you were sitting on
the Commission in a case of. that
kind? The old Commission took Mr.
Allen’s advice. Allen is able and as
honest as it is possible for human
being to be, but no man is infallible.
The Commission were just as justified
in taking his advice as you would be
in taking the advice of Dr. Mayo if
you went to him for a surgical diag-
nosis.
In the Eureka-Croesus matter the
Commission had before it the sworn
affidavits of two of the best mining
engineers in the country, saying that
the Eureka-Croesus was precisely
what its officers said it was. One of
them was a Michigan man, well and
favorably known in mining circles.
The other was probably one of the
most eminent copper mining author-
ities the United States has ever
known. Because of our past exper-
lence, we sent our own engineer out
there and preferred to take his judg-
ment on it.
The Michigan Securities Commis-
sion cannot act as a guardian for the
people of the State of Michigan in
passing on stocks and bonds. It can-
not go to the length of exercising its
own business judgment as to whether
or not the stock in question will be
a good business investment. Up to
the present session of the Legislature
the only thing that the Commission
could do was to refuse to approve a
stock or bond issue because of fraud
or misrepresentation which it found
in the organization itself. The Leg-
islature of 1921 amended the Blue Sky
Act so as to give the Commission
power in the case of unfair methods
in the sale of stock. Suppose you
were to incorporate the Michigan
Tradesman as a company and _ sell
stock. The Michigan Tradesman is
a reputable concern. You are a man
of unimpeachable integrity. Suppose
after you had sold your stock, you
conducted your paper with such a
total lack of business ability and good
judgment as to lose money and you
went into the hands of a receiver.
Do you think the Michigan Securities
Commission ought to be blamed _ be-
cause you, perchance, may have made
a fool of yourself? Bear in mind that
the Michigan Securities Commission
can not act as a guardian for all of
the people in Michigan. If we did,
we would have some of you in the
psyghopathic hospital once in a while
shall receive.
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CADILLAC
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Deposits (over).. 2,000,000.00
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ETS Po aan eae an
March 22, 1922
MICHIGAN TRADESMAN 13
for observation. You are about as
unreasonable as some of the provin-
cial members of my church who can
smell booze forty miles and ten rods
and write from some obscure station
on an air line railroad and want me
to use the entire power of the State
of Michigan to deodorize the moon-
shine breath with which some lumber
jack is polluting the air. And when
I don’t move the Attorney General’s
office, State Constabulary, Governor
and all up to that particular location,
they blame the State for not doing
its plain duty.
Bear in mind just this one thing,
Mr. Stowe, the Michigan Securities
Comnmnission is attempting to do work
that would reasonably cost one-quar-
ter of a million dollars a year on
an appropriation of $64,635 and for
next year $64,135. So short is the
Commission of money that it did not
have enough to put an inspector on
for the bucket shop campaign in De-
troit and being a member of the Com-
mission, I put the inspector on my
own payroll and turned him over to
the Commission, inasmuch as I con-
sidered that the work of the Attorney
General and of the Commission in
that particular line was identical. I
am simply saying this to show you
the financial difficulties we have.
Again, let me call your attention
to the fact that the appropriation for
the Attorney General’s office this year
is $101,450. The appropriation this
year for the conduct of the prosecut-
ing attorney’s office in Wayne county
is $99,960. You will remember that
the present war between Governor
Small and Attorney General Brundige
of [linois was precipitated very large-
ly because the Governor cut $700,000
out of the appropriation of the Attor-
ney General and then he apparently
had plenty to run on.
Your paper could do so much real
constructive work if it would. If
you, who are the brains of it, would
not have one of your peculiar brain
storms and start out with a club to
destroy instead of to build and im-
prove. You ought to be the bulwark
of the mercantile business in Mich-
igan. What I object to, and what I
object to in any man, is his going off
the handle without knowing the exact
facts and without bringing a modicum
of his gray matter to bear upon the
facts after he has ascertained them.
My suggestion is that you come
down to Lansing, sit across the table
from me, or with the entire Commis-
sion if you wish, and get the facts
first hand and have this entire matter
out. We will then go out and eat
a good big beefsteak together and
understand each other better.
Merlin Wiley, Attorney General.
Open Letter to Mr. Wiley.
Grand Rapids, March 20—Although
I have never had the pleasure of
meeting you personally, I believe you
are an honest man and that you are
actuated at all times by right motives.
Because I think you have been a very
efficient Attorney General and mean
well, | am going to pass up the rather
dubious references you make to my
tiental condition when I wrote the
articles to which you object, which
were published in the Tradesman of
March 8. In taking this position I
am following the very generous ex-
ample you set me two years ago when
1 reviewed your candidacy for the
exalted position you now occupy and
volunteered some animadversions on
the attempt you made to elevate the
Stuffed Prophet of the Soo to the
United States Senate. Unlike your
illustrious chief, who sent me a letter
bristling with sarcasm and innuendo,
you wrote me so courteous a letter of
protest that I immediately accorded
you a place of honor on my Pedestal
of Great Men. I have watched your
career as Attorney General with great
pleasure and satisfaction and have
never had occasion to regret my
action in classifying you as an able
expounder of the law, a true gentle-
man and a good sport.
Not having had the advantage of a
university education or a_ through
legal training, I cannot express my-
self as positively and vehemently as
you do, but I am going to answer
your charges the best I know how
and permit the readers of the Trades-
man to decide for themselves whether
you are quite fair in hold me up to
ridicule and charging me with making
distorted statements regarding some
matters with which I am familiar.
1. Regarding Harrison Parker.
You are quite right in stating that
you “kicked him out of the State,”
but you will have to admit that you
did not perform that very praise-
worthy act until after he had filched
thousands of dollars from the pockets
of poor people. You and your Com-
mission were appealed to repeatedly
to take action, both by the Prosecut-
ing Attorney of Kent county and the
writer. Mr. Hoffius and myself nearly
broke our backs in endeavoring to
secure action by the Commission.
Finally, failing to obtain any reason-
able assistance from the Commission,
Mr. Hoffius took the bull by the horns
and threatened the men who were
reaping a rich harvest with immed-
iate arrest if they persisted in defying
the law. This precipitated action by
the attorneys of the swindling crew
and your too tardy action followed
several months later. Your statement
that Parker committed no crime in
this State is beyond my comprehen-
sion. If he didn’t commit a crime
when he violated the law by selling
hundreds of worthless certificates and
defying the Commission, what did he
do? Your reference to another of
my statements as “irrational and dis-
torted” finds ample answer in the
fact that my articles were written
March 7, printed in the Tradesman
March 8, while Parker’s indictment
on grounds of perjury was not made
public until March 11.
2. Regarding Universal Stores
Corporation. Your Commission au-
thorized Vedder and his gang of
crooks to sell the stock of that swin-
dling concern, providing the commis-
sions paid stock sellers did not exceed
a certain amount. As a matter of
fact, agents were paid more than
twice the percentage you specified.
This condition was repeatedly brought
to the attention of the Commission,
but nothing was done to stop the sale
of the stock. In fact, sales were
made to farmers in the vicinity of
Allegan and Plainwell long after the
concern was hopelessly insolvent. The
crook who sold the stock around
Plainwell is still clamoring for his 35
per cent. commission at the hands
of the trustee. Why was no action
taken to stop this swindle, by means
of which Michigan farmers were vic-
timized to the tune of $200,000?
3. Regarding Travis. I have writ-
ten the Commission many letters re-
garding the swindling tactics of this
scamp, but I have thus far been un-
able to secure any action, except
promises. I made a special trip to
Allegan to consult with Prosecuting
Attorney Montague regarding this
case. I found him sore to the quick
over his inability to secure any co-
operation from the Commission in the
Universal Stores matter. He is ready
at any time to entertain complaints
against Travis, because he believes
a great wrong has been done the 600
farmers who were victimized by
Travis in selling them stock unauthor-
ized by law. He believes, as I do,
that it is the business of the Com-
mission to investigate this swindle
and see to it that proper complaints
are made, in order that Travis may
be made to pay the penalty of his
misdeeds. Mr. Duff, your hard work-
ing executive officers, has written me
repeatedly that the matter would be
investigated, but if such investigation
bee ever made I have no knowledge
or it.
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14
MICHIGAN TRADESMAN
spe ete a reer meee cee
March 22, 1922
4. The Williams Iron Co. The
literature put out by the promoters
of this concern was such as to lead
the average investor to believe that
the proposition was a going concern.
Positive statements were made as to
the value of the ore taken out of the
embryo mine, every one of which was
false. The Commission is supposed
to pass on every prospectus issued
by companies authorized by the Com-
mission. Did the Commission do its
full duty to the public in this case?
5. The Eureka-Croesus matter. I
did not refer to this swindle in the
Tradesman and have no_ personal
knowledge of that gigantic fraud ex-
cept as | read of it in the newspapers
at the time of the exposure.
I repudiate the statement that my
aim is to destroy, instead of build up,
in the case of anything good. All my
life | have aimed to be constructive;
to assist in the up-building of every
good thing which pertains to the
merchant. In doing this | sometimes
have been compelled to resort to un-
pleasant methods, just as all men do
who aim to be of service to their fel-
lows. My idea is that criticism is
one of the most wholesome things
there is in this world. If it is just, it
usually results in reform. If it is
unjust, it falls flat.
I have no serious controversy with
the Commission. I believe the men
composing the Commission are all
high grade men who aim to do all in
their power to bring about better
conditions for the investors of Mich-
igan. Because they are human, they
have probably made many mistakes.
If they are willing to profit by the
mistakes in the past, they will make
fewer mistakes in the future. If they
hold themselves above criticism, they
are hopeless and the investing public
is helpless. If they welcome criticism
of a constructive character, instead of
attributing it to ignorance or malice,
they will, in time, be able to make
their work invaluable to the investing
public. Granting a license to sell a
certain amount of stock should not
end the duty of the Commission. It
should see to it that the stock is sold
exactly as prescribed by the Commis-
sion. Any deviation from the straight
line of honesty should be sufficient to
enable the Commission to call a halt.
lf the law creating the Commission
and prescribing its duties is defective,
it should be remedied. If more money
is needed, it should be provided.
Whatever is worth doing at all, is
worth doing well.
While I am on this subject, I wish
to call attention to another abuse
which I think the Commission ought
to remedy—the granting of license
cards to scalawag stock and bond
salesmen. No man should be per-
mitted to carry a card who is a dead-
beat, a liar or a cheat. Many such
scamps are now going about, plying
their arts on the unwary and flourish-
ing their license cards as proof of
their reliability. As a matter of fact,
the cards are not intended to convey
any recommendation from the Com-
mission, but the holder of a card fre-
quently misuses its possession in the
manner stated. More care in this re-
spect means more work for the Com-
mission, but if diligent investigation
by the Commission resulted in the
retirement of half of the men who
are now selling securities the invest-
ing public would some way be able
to survive the curtailment.
Mr. Wiley, I have endeavored to
reply to your charges without resort
to abuse or sarcasm. I have refrained
from making any unpleasant refer-
ences to your mental condition, be-
cause I consider such expedients en-
tirely out of place in a discussion of
this kind. have written plainly
things I know about in the simplest
language I have at any command. We
are still widely apart, as two men
can be and yet not be personally un-
friendly. Three alternatives present
themselves:
1. Either you are right and I am
wrong, or
2. You are wrong and I am right,
or
3. The truth is to be found in a
middle ground somewhere between
us.
I am content to leave the settlement
of the controversy to the readers of
the Tradesman, who have invariably
sustained me with singular fidelity for
nearly forty years and whom I hope
to be able to serve until I have round-
ed out fifty years as their servant and
friend. E. A. Stowe.
—_+-~+___
Proceedings in St. Joseph Bankruptcy
ourt.
St. Joseph, March 13—In the matter of
Sam Konigsberg, bankrupt, of Kalama-
zoo, the final meeting of creditors was
held at the referee’s office and the trus-
tee’s final report and account were ap-
proved and allowed. Administration ex-
penses were ordered paid and a final
dividend of 10.6 per cent. declared. Ob-
jections having been made to the dis-
charge of the bankrupt, it was deter-
mined that the referee make no favorable
recommendation as to the bankrupt’s
discharge and that the trustee at the
expense and request of creditors be
authorized to interpose objections to the
bankrupt’s discharge. The final dividend
list of creditors was filed and the meet-
ing adjourned without day.
Mareh 14. In the matter of Alfred
Speyer, bankrupt, of Kalamazoo, the first
meeting of creditors was held at the
latter place and William Maxwell, of the
same place, was elected trustee. His
bond was fixed at $1,000. W. F. Rowe,
John Van Dyken and Charles E. Shroder,
of Kalamazoo, were appointed apprais-
ers. The bankrupt was sworn and ex-
amined by the referee and attorneys
present, his examination disclosing that
creditors will not receive dividends to
exceed 10 per cent. The trustee was
authorized to sell the property of the
bankrupt estate upon the inventory and
report of appraisers being filed, and the
meeting was adjourned for thirty days.
March 15. Peter Weber, doing a retail
shoe and clothing business, at Bridgman,
filed a voluntary petition, was adjudicat-
ed a bankrupt and the matter was refer-
red to Willard J. Banyon, referee, who
was also appointed receiver. The sched-
ules of the bankrupt disclose liabilities
in the sum of $8,091.26 and assets of
$2,700.00. Creditors are listed as follows:
Secured Creditors.
H. FE. Howard, township treasurer $ 42.85
Emil Freyer, Bridgman ___-_----_ 192.50
Moseph Hora, Bridgman _____~___~- 60.00
Bridgman State Bank,
Bridgman Supply Co.,
sridgman 1,800.00
Bridgman 1,100.00
MOAR ee $3,195.35
Unsecured Creditors.
Kmil Freyer, Bridgman ____---__- $ 198.00
Lockway, Stouck Paper Co.,
Benton Harbor _~ ee 76.00
LaCross Rubber Mills" Co., Wa:
(TORE 56.41
Hirth, Krause Co., Grand Rapids 558.00
National Leather Mfg. Co., Niles 50.00
Buchanan Leather Co., B uchanan 119.00
The Western Shoe Co., Toledo __ 1,545.00
Bridgman State Bank, Bridgman 1,800.00
Nathan Schuler, Bridgman —___-- 90.00
3rown Shoe Co., St. Louis ---. 404.00
Total 2. Jo Se 806 At
Assets
Stock in: trade 2s
Household @oo0ds =... 2
- $2,500.00
200.00
$2,700.00
In the matter of William M.
of Hartford, an order
was made calling the first meeting of
creditors at the town hall of the latter
place for the purpose of proving claims,
the election of a trustee and the exam-
ination of the bankrupt, also the transac-
tion of such other business aS may prop-
erly come before the meeting. The sched-
ules of the bankrupt were filed and the
following are listed as creditors:
Secured Creditors.
American National Bank, Ben-
ton Harbor: 22 $15,000.00
March 16.
Traver, bankrupt,
Kidd, Dater & Price Co., Ben-
‘on earner: 22 12,450.00
West Michigan Savings Bank,
eamePor oo bo ee ee 10,000.00
Albert Anders, Hartford —_____ 2,000.00
John Kepler, Hartford ________ 5,000.00
Covert State Bank, Covert __._ 1,000.00
Ulrath & Disbrow, Hartford __ 1,000.00
$46,450.00
Prior or Preferred Creditors.
Seventy-three labor claims ____$1,268.06
Unsecured Creditors.
a soon Valley Bank, Elk-
ae ee $15,000.00
Kalamazoo National Bank,
MAIATZOG os 2,000.00
First National Bank, Paw Paw 10,000.00
Paw Paw Savings Bank, Paw
OO ee ae ee 4,000.00
Home State Bank, Lawrence __ 4,000.00
Watervliet State Bank, Water-
WAGE 2 ee es 1,000.00
Olney National Bank, Hartford 2,914.80
Ed Smith, Hartford _.._ 4,500.00
Albert Anders, Hartford —_____ 4,045.00
Melvina Carpp, Hartford ______ 500.00
Johnson-Calrson Tank Mfg. Co.,
cneo 193.53
Bangor Lumber Co., Bangor -. 482.88
OUR FIRE INS. POLICIES ARE
CONCURRENT
with any standard stock policies
that you are buying.
The Net Cost is 30% Less
Michigan Bankers and Merchants Mutual Fire Insurance Co.
of Fremont, Mich.
WM. N. SENF, Secretary-Treas.
SAFETY SAVING SERVICE
Class Mutual Insurance Agency
**The Agency of Personal Service”’
CLASS MUTUALS ARE LEADING MUTUALS, Because they limit their lines
to PARTICULAR CLASSES, Resulting in WIDE DISTRIBUTION of risks,
LOW LOSS RATIO, and MINIMUM EXPENSE.
WE REPRESENT CLASS MUTUALS THAT SAVE
Herdware, Implement and Sheet Metal Dealers 50% to 60%.
Garages, Blacksmith Shops, Harness and Furniture Stores 40%.
Drug Stores, Shoe Stores, General Stores, and Hotels 30% to 50%.
ARE YOU INTERESTED IN THESE SAVINGS? Are your premiums paying
you a THIRTY to FIFTY PER CENT DIVIDEND? If not, then it is up to you
to see that they do, by placing your insurance with THIS AGENCY.
C. N. BRISTOL A. T. MONSON H. G. BUNDY
FREMONT, MICHIGAN
Grand Rapids Merchants Mutual
Fire Insurance Company
Economical Management
Careful Underwriting, Selected Risks
Policy holders whose policies have been issued since Jan. 23, 1921, will be
accorded 30 per cent. return premium at the end of the year, instead of 25
per cent., as heretofore.
Operating Expenses During 1921 — 19.4%
Loss Ratio 19.3%
Surplus over re-insuring reserve per $1,000 insurance carried net —- $8.94
Increase of net cash balance during 1921 $10,621.64
Dividend to policy-holders 30%
Affiliated with the
Michigan Retail Dry Goods Association,
HOME OFFICE 320 HOUSEMAN BLDG. GRAND RAPIDS, MICH.
MICHIGAN SHOE DEALERS
Mutual Fire Insurance Company
LANSING, MICHIGAN
Maintains Its 309 Dividend Record
By careful selection of risks
By sound and conservative management
By thorough mutuality
Courteous and prompt attention to all enquiries.
ALBERT MURRAY, Pres. L. H. BAKER, Sec’y-Treas.
tf
March 22, 1922
MICHIGAN
rere rertaenrsenecseme nese easton apes NaN Seon ane TNNNNNSSDS
TRADESMAN
Landrus Brothers ~-------------
. M. Paver Company, Chicago
Dunkley Company, ‘Kalamazoo 900.00
Leonard Seed Co., Chicago -~~- ‘
Hellmuth Cooperage Co., Chicago 1,000.00
Midwest Engineering Co., Chicago 1,000.00
Reiter Boiler Works, Elgin ----
John Wolf Co., Chicago -------- 741.00
Arvilla Parmalee, Hartford ---- 2,000.00
Tone Martin, Hartford -------- 1,480.00
Eva Hockenjos, Hartford ------ 316.00
Mary Stevenson, Hartford —.-- 165.00
Mr. Lung, Kalamazoo —-------- 1,864.80
Lonzo McLain, Lima, Ohio ---- 350.00
Detroit Steel Products Co.,
Vistroit 2 300.00
Marquette Lumber Co., Grand
Rapids —.._._.__.___-___._.---___-- 2,065.82
Clark Engine Boiler Works,
Halsmazoo ... 1,200.00
Continental Can Co., Chicago -- 4,360.83
Kieckhefer Box Co., Milwaukee. 1,000.00
Ed. Finley, Hartford ---------- 2,000.00
Sprague Can Machine Co.,
Chicaeo 202 1,000.00
National Canners’ Association,
Washington — ---------------- 512.14
Olney Nat. Bank, Hartford _--- 311.85
Thomas Albrights & Co., Goshen 55.81
Kd Brammall, Benton Harbor -- 137.21
Fruit Growers’ Exchange,
Bangor —------------—--------- 16.80
Barclay, Ayres & Bertsch,
Grand Rapids -—--------------- 204.28
B. H.-St. J. Ry. & Lt. Co.,
Zenton Harbor -.-----—--__--- 84.90
Ned Cook, Hartford --~--------- 56.40
M. O'Conner & Co., Indianapolis 30.25
Chisholm Scott, Columbus ---- 00.00
Currier Lee Warehouse, Chicago 72.46
Central Public Warehouse Co.,
Indianapolis. ~---------------- 25.51
J. T. Fritz, Hartford —----- ee 168.94
John R. Griffin, Bangor ----~--- 24.00
Hartford Day Spring, Hartford 65.28
G. A. Hawley & Co., Breedsville 80.41
Huntley Mfg. Co., Silver Creek,
N.Y. 20.69
Frank Himmachek, Kewaunee,
Wis fo 200.00
Keeney & Walker, Hartford -_-- 57.50
TL. P. Walker, Hartford —------- 145.91
Kayes Auto Sales Co., Hartford 78.92
Hartford Gleaners, Hartford -- 29.17
I. J. Messer, Bloomington ~---- 17.64
A. B. Morse Co., St. Joseph -- 42.00
J. P. Moran & Co., Detroit —--- 303.08
Missouri Valley Grocer Co.,
Manden, N. ee ees 48.29
Grover Page, Breedsville -—----- 26.60
F. W. Schmidt Harvest Co.,
New Holestin, Wis. ---------- 24.00
J. H. Schoo, Louisville, Ky. ---- 26.14
Dr. J. D. Stewart, Hartford -- 31.50
Ss. & S. Garage, Benton Harbor 18.75
Theo. A. Schmidt, Chicago ---- 41.40
Smith & McAlpine, Hartford -- 28.10
G. E. Shults, Hartford ----~----- 36.48
George B. Thayer, Coloma 86.20
Warmington-Duff Co., Broker-
age, Chicago. ----------------- 166.71
A. MeIntosh, Hartford -—--------. 221.01
Lawrence Times, Lawrence -~--- 24.50
Clare Leach, Hartford ---~------ 813.16
Minnie A. Lawrence, Hartford —- ke
J. M. Liebowitz & Co., St. Louis 176.65
Warmington-Dugg Co., Chicago 2,300.00
L. Hickey, Detroit -----~------- 285.83
High & Thompson, Hartford —-- 93.79
Hipp, Enders & Avery, Benton
Harbor —---------~---—-------- 64.40
M. O. Oppenheim, Hartford --- 65.45
L. P. Harley, Hartford -------- 336.11
Decker, Beattie, Decker, Paw
Paw 2 34.25
H. L. Gleason, Hartford -------- 135.22
John Hanold, Hartford -------- 17.50
Mr. Bluebaker, Hartford ------ 11.07
Chas. Stuckum, Covert -------- 649.22
Harold Ament, Hartford ------ 72.68
B. Benton, Hartford —~----~------ 64.05
Zangor Fruit Exchange, Bangor 52.67
Alfred Drake, Hartford -------- 24.18
Mr. Sherwood, Watervliet ------ 52.55
Wm. Kerns, Breedsville ------- 5.35
William Osborne, Hartford ---- 7.09
Alden H. Boyer, Bangor ------ 1.14
Irvin Wilkinson, Hartford ---- 2.52
George Borst, Hartford —-------
Orlo Dade, Hartford —----~--~---
Mr. W. W. Hygena, Hartford -- 313.61
Fred Simpson, Hartford -------
Louis Finley, Hartford —-------
Continental Brokerage Co., In-
dianapolis ----------------=--- 157.63
Anderson Brothers, Hartford —-
Detroit Commerce Co., Detroit
J. M. Paver Co., Chicago ------ 54.70
A. D. Hoppen, Bangor --~--~--
Russell Brokerage Co., Wichita 23.40
L. P. Cole Brokerage Co., Cin-
cinnati —----------------------- 113.71
St. Joseph Valley Bank, Elk-
hart _----------------—------- 16,000.00
Corsco-Neuman Brokerage Co.,
Detroit -—---------------------- 36.47
Kidd, Dater & Price Co., Benton
Harbor —--------------------=- 12,878.70
Van Buren Telephone Co., South
Haven __._-_--__-_-___-_=--+ 78.00
J. Larson Brothers Co.,
South Bend ------------------ 5.96
John H. Leslie Co., Chicago -- 127.27
Janson Brokerage Co., Cincinnati 12.57
Swell Bills -~--------------------- 700.00
Cc. H. Spies, Benton Harbor ---- 18.75
Also the following from Hartford:
Johnston Brothers ~------------- 16.38
Farmer’s Mutual Fire Ins. Co. 19.93
Van Buren County Fai _....- 5.50
Austin, Nichols & Co. ~--------- 102.00
Ackley & Sherwood ------------ 45.37
300th Cold Storage Co. ---~--- 82.80
Tibbitts Hewitt Grocery Con o 656.88
The W. H. Hood Co, ---------- 14.43
Pearl FE. Monroe —------------- 25.735
Mrs. Wm. Monroe --------~---- 4.84
Ss. T. Galbreath ~---------------- 52.10
Hoosier Wholesale Grocery Co. 81.53
H. Busser ---------------------- 35.16
Chas. Siegleman --------------- 38.20
J. C. Perry & Co, -------------- 23.61
A. A. Sherwin ---------------- 15.90
Dan Close —--------------------- 172.90
H. J. Robbins -~--------------- 106.90
F. W. Hubbard & Son -------- 21.05
Mamie Williams --~-------------- 30.00
Wabash Railway Co. ---------- 68.57
Paul Szabo -------------------- 6.00
Kohl & Meyer Co. ------------ 257.72
L. Rea ~...--------------------- 1.13
Levering —----------------------- 1.45
EK. Engstrom 3.78
B. Landstrom 2.48
H. Levring --------------------- 1.99
V. Frude ---------------------- 92
Alice Page -- 2.08
G. Levering -------------------- 2.00
1.17
9.63
5.74
: 98
B. Leedy —----------------------- 5.29
lee 2 48
H. Garver —-------------------- 1.93
Levering ----------------------- 1.64
Widner —---------------------- ao 1.70
Van Camp --------------------- 7.24
™T. Goss —----------------------- -80
Mrs. Martindale --------------- 9.02
Mrs. WBilert -------------------- 5.14
Woodward ---------------------- 3.75
Hmke 2. _-__-__.__----_---- 2.00
Ed Smith -—------—-------------- 15.00
Mr. Thomas 12.60
Congdon --------- 6.00
Pitcher ---------- 3.45
Jilison —_.-.--__-__-— 14.94
Ida Borst -------------- 10.00
St. Johns ----------------- 3.80
Wilkins —.----------------------- 2.45
Martindale ~-------------------- 2.91
Hicks - ------------------------- 3.87
G. Fuller —---------------------- 4.57
Bilert ..___-__-.-_--____-------—- 4.13
Van Camp --------------------- 2.78
Seeley __|-___________----___---_- 3.20
Martindale --------------------- 3.15
Fuller —----------------—-------- 5.32
Dyer —----_------__----—_------"= 3.44
otal .-.---_----------- $123,870.24
Assets.
Real estate -~------------------- $95,500.00
Stock in trade -----~------------ 4,500.00
Household goods, etc. --~----- 200.00
Horses, cows and other animals 3,000.00
Carriages and other vehicles -. 2,800.00
Farming stock and implements 6,000.00
Debts on open account -----~--- 17,530.00
Stocks and negotiable bonds... 8,000.00
$137,530.00
March 17. In the matter of Water F.
Clements and Edgar E. Pauley and
Clements & Pauley, a copartnership, of
Benton Harbor, bankrupt, an order was
made calling the first meeting of cred-
itors at the court house in the city of
St. Joseph, March 28, for the purpose of
proving claims, the election of a trustee,
examination of the officers of the bank-
rupt and the transaction of such other
business aS may properly come before
the meeting.
March 8. In the matter of the Victor
Truck Co., of St. Joseph, bankrupt, the
final meeting of creditors was held at
the referee’s office and the trustee’s final
report and account, showing total re-
ceipts of $4,762.43 and disbursements_of
$1,745.25, approved and allowed. The
administration expenses were ordered
paid to date and a first and final dividend
of 16.9 per cent. was declared and or-
dered padi. Creditors having been di-
rected to show cause why a certificate
recommending the bankrupt’s discharge
should not be made, and no cause having
been shown, it was determined that such
favorable certificate be made. It was
further determined that the trustee be
not authorized to interpose objections to
the bankrupt’s discharge. Final meeting
of creditors then adjourned without day.
ee
Just because you have made a few
simoleons is no reason to assume that
you are immortal.
Fenton Davis & Boyle
BONDS EXCLUSIVELY
We have available a choice supply of high-grade
Government, Municipal and
Corporation Bonds
bearing interest from
5% to 7%!
Write for our monthly offering list.
ESTABLISHED 1880
Paine, Webber & Company
412th Floor G. R. Savings Bank Building
GRAND RAPIDS, MICHIGAN
NEW YORK
BOSTON
CHICAGO
Grand Rapids, Mich.
United States Depositary
Fourth National Bank
Savings Deposits
Commercial Deposits
3
Per Cent Interest Pald on
Savings Deposits
Compounded Semi-Annually
3%
Per Cent Interest Pald on
Certificates of Deposit
Left One Year
Capital Stock and Surplus
$600,000
WM. H. ANDERSON, President
J. CLINTON BISHOP, Cashier
HARRY C. LUNDBERG, Ass’t Cashier
LAVANT Z. CAUKIN, Vice President
ALVA T. EDISON, Ass’t Cashier
CHICAGO, ILLINOIS
to water transportation with an enviable record of earnings.
Michigan Transit Company.
If the Company can keep up its rate of earnings made for the
should easily be worth twice its present value.
able in January and July.
stock, is hard to find.
Write for full information.
F. A. SAWALL COMPANY,
313-314-315 MURRAY BUILDING,
GRAND RAPIDS, MICHIGAN
Gentlemen:
MICHIGAN TRANSIT COMPANY
Safety and substantial returns are combined in an investment in the
Preferred and Common Stock of the Michigan Transit Company. This
Company has a record of having come through the worst years known
Better years are coming and with those better years there will be
much better business and there should be even better earnings for the
last
thirty-one months, for three or four more years, there can be no ques-
tion but what the common stock of the Michigan Transit Company
This Company has paid dividends on both the Preferred and Com-
mon Stock from the beginning of its organization. Dividends are pay-
An investment with greater safety and at the same time a possibility
of very substantial returns and increase in the value of the common
I am interested in an investment in the Michigan Transit Company.
Without any obligation on my part, send me all particular regarding the
MICHIGAN TRUST BUILDING Company. Yours truly,
Chicago GRAND RAPIDS Detroit Name i reore
First National Bank Bldg. Telephones {Main 656... Congress Building Address
16
Railroads Destroying Themselves By
Excessive Charges.
Lansing, March 21—Permit me to
give you the following concrete ex-
ample of what Michigan fs up against
now with intolerable freight rates.
We had last week at Jackson 21,000
pounds of merchandise to haul to
Leshe, fifteen miles north, to which
town there are two railroads from
Jackson. The best rate we could get
frim either road was $56.10 and_ it
would cost an additional $8 to un-
load from car in Leslie and haul to
store, or $04.10. We contracted with
a teamster to haul these goods, which
he did with a team and wagon, tor
$31. He made $7.50 per day for him-
self and team at that, which was about
$1.50 per day more than the going
wages for team work at that time at
that place; in other words, he got ZS
per cent. more than normal pay for
hauling at less than half railroad rates
and the same job could have been
done with a two ton truck with much
better results, as two trips per day
could have been made and about $15
per day earned.
This may be an exaggerated case,
but it is an actual fact. If a teamster
can make more than regular wages
hauling freight at less than half rail-
road rates there is no wonder that
most of the local freight is now being
hauled on trucks and that it will be
practically all done that way before
long. We have had occasion to send
over 300,000 pounds of hardware from
Lansing to our Leslie store in the
past few months, less than 3,000
pounds of which was sent by freight.
The remainder was all hauled on
trucks, because the truck service was
from one to two days quicker and
cost about one-third less. In other
words, we sent a load of freight this
morning which was in Leslie at 10
a.m. Had we sent it by rail it would
have taken from one to two days
longer and cost about one-third more.
We believe our experience has demon-
strated the efficiency, economy and
saving of time in truck hauling; also
the excessive overcharge for local
freight rates in Michigan at the pres-
ent time. A. T. VanDervoort.
Our correspondent should consider
that the fundamental cause of the
present situation in freight rates is due
to cowardice—first, because of the
cowardice of the Wilson administra-
tion in enacting the infamous Adam-
son law (the blackest page in Ameri-
can history) through the coercion of
Gompers and his gang of grafters and
blacklegs; and, second, because of the
cowardice of the Republican admin-
istration in not repealing the Adamson
law, which should have been the first
act of Mr. Harding and the present
Congress when they assumed the
reins of power. No substantial re-
duction in freight rates can be made
until this stumbling block to pros-
perity and decency is removed.
———_>-+.__ —__
Breaking It Gently.
A well-dressed gentleman sat upon
a bench in the park and leaned back
to enjoy the refreshing air. Not far
‘away a boy sat on the grass watching
him intently. Presently the man
spoke to the lad:
“Why aren’t you off playing with
the other boys?”
“Oh, I just want to know,” he
answered.
“But a chap your age ought to like
to play with the other fellows.”
“T am going to soon,” continued the
lad. “I just wanted to see you when
you got up. They painted that bench
you are sitting on this morning.”
—_2+-~<-____
Do not go through life doing little
thngs painfully when you were made
to do great things grandly, happily.
MICHIGAN TRADESMAN
NEW LOAN:
Because of their intimate knowledge of the thrift, integrity, and industry of the Holland
people through years of contact with the large Holland element in our population, the
bankers and investors of western Michigan will be particularly appreciative of the attractive-
ness of the following loan, which is being offered by one of the strongest barking syndi-
cates of the country, including:
GUARANTEE COMPANY OF NEW YORK,
BANKERS TRUST COMPANY OF NEW YORK,
LEE, HIGGINSON & COMPANY,
CHASE SECURITIES CORPORATION,
KIDDER, PEABODY & COMPANY.
$40,000,000
DUTCH EAST INDIES
40-Year External Gold 6s.
PRICE 943 AND INTEREST
TO NET 6.35%
Yield to Earliest Redemption Date in 1932, 6.73%
Denominations $500 and $1,000.
Not Redeemable for 10 Years.
Commencing in 10 years there will be a sinking fund sufficient to retire one-thirtieth of
the issue each year, bonds to be called by lot at par and interest.
These bonds are direct external obligation of the Government of Dutch East Indies and
an integral part of the Kingdom of Netherlands, and its most important colonial possesion.
Dutch East Indies is known among international bankers as one of the most amazingly
rich and productive lands of history.
For the past six years the Dutch East Indies has had a larger favorable trade balance than
any country in the world except the United States.
The total revenues for 1921 were OVER 10 TIMES INTEREST AND AMORTIZA-
TION CHARGES on ALL debt both funded and floating.
The funded debt of the Dutch East Indies exclusive of this loan amounts to only $212,-
000,000 and against this the Government owns property with an _ established value of
$275,000,000.
Some idea of the richness of these properties may be gathered from the fact that for
the last five years net income from Government properties and monopolies alone aver-
aged $48,000,000 or more than | 34 all interest and amortization charges in the budget for
the coming year.
The bringing out of this bond has been expected for some time and has caused very
favorable comment by conservative bankers throughout the country.
We have $60,000 of these bonds available and take pleasure in according our recom-
mendation for investment.
‘‘Telephone or Telegraph orders at our expense.”
HOWE, SNOW, CORRIGAN & BERTLES
INVESTMENT BANKERS
DETROIT, MICH. GRAND RAPIDS, MICH.
The statements presented above are based on information obtained partly by cable from official and other sources,
and while not guaranteed, we believe them to be reliable.
Fe
March 22, 1922
March 22, 1922
CHARM OF THE MANISTEE
Experiences on Canoe Trip From
Source to Outlet.
Written for the Tradesman.
In the late afternoon of a perfect
day we made camp in a grove of
spruce and hemlock on a high bluff
with grand views of the river, up and
down. We were winded by the time
the camp truck was in place, so with
supper safely in our inside storage,
we lounged about on the balsam we
had gathered for beds. In front was
a fine camp fire; from below came the
rippling and echoing of the rapid run-
ning river and back of us the soft
sound of the bells of cattle grazing
on the distant plains. Dan was read-
ing to us by the light of the camp fire,
a touching story of Civil War days,
to the accompaniment of whip-poor-
will calls and katy-did raspings, when
Gramp’s experienced ear caught the
rumblings of deeper music. Off to
the South the blacksmith who forges
the thunderbolt for this part of the
country began to growl and blow ‘his
fires and the witch who sails the star
land astride a broom was shrilling up,
with the wind dead ahead. From
long observation Gramps knew theré
was going to be trouble so all hands
fell to, made more and longer tent
pins and tightened the guy ropes and
were soon safely tucked inside watch-
ing nature’s movie as it came along.
Every bird and wood sound ceased as
the rumblings rapidly drew nearer and
the lights flashed through the sky.
Then came the deluge. Just in front
of the open tent was a hemlock lean-
ing far over the water. It seemed to
be a runway for the bolts that came
down the standing hemlocks, particu-
larly those back of the tent, for the
lightning certainly jumped over us,
ran out on the leaning pine and hurdl-
ing the river banged up against the
hills on the opposite shore. Wind,
rain, thunder and lightning kept up
half the night, but we found ourselves
all intact at daybreak. The river was
overflowing its banks, the flowers
were fresher and the birds took up
their songs where they left off the
night before.
The morning after the storm the
Soldier Boy and his Gramps set out
to explore the desolate cut over lands
where as far as we could see were the
scars of the battle against the pines.
We hoped to trail those bells heard
the night before to their abiding place.
A couple of miles from camp we came
upon a herd of fine cattle resting in
the shade of some second growth
pines. Another mile and we found a
group of weather worn farm buildings
and crawling under a wire fence we
dropped into a paradise of a farm gar-
den. The farm buildings were evi-
dently remodeled lumber camps where
like the home of the indian, the front
door was on the back side. A short
distance to the tight was a deep glen,
enclosing a rushing brook that came
out of the hills singing the songs of
the forest. Between the house and
the brook were stables, and chicken
coops with broods of chicks and
ducks; to the left the fields were
filled with melons, squash, pumpkins
and other garden truck; as grand a
display as could be found in any part
of Michigan. :
MICHIGAN TRADESMAN
As we came near the door a wo-
man stepped out. There is no type of
woman in all the world just like the
Italian, but we had never met one of
them on a farm. Our acquaintance
had been confined mostly to fruit
stores, so imagine our surprise when
the dainty bit of Italy with carefully
combed hair, black and glossy as a
raven’s wing, a neatly fitting blue
cloth dress, came to greet us. We ex-
plained that we had come up from the
river and wanted to buy a loaf of
bread. But the woman seemed to see
only the Soldier Boy. Coming near
and placing her hand upon his arm,
she explained, “I speak no English,
Italian me.” Then, in a pitiful mix-
ture of English and Italian, “My boy,
my boy, he soldier. No come back
long time,” holding up her hand to
count the fingers “four years. Some
day maybe he come back,” and she
turned her face to scan the yellow
sandy road where it passed over the
crest of a distant hill. The uniform
of a Soldier Boy had opened anew
the wounds of that day when her
boy, wearing a suit like his, went out
of sight over the hill road and she
could not keep her hands from touch-
ing him. She showed us the attic of
the weather beaten home, where
swings a hammock by a gable window.
There is no gold star but every night
a light shines as a guide to the boy
whom she believes will some day
return. Most of his comrades have
come back and in the meetings in the
village, eight miles distant, they speak
of him as dead. They touched el-
bows as they went Over the Top and
out into death’s harvest. When first
coming home some of these comrades
helped store away crops; then came
their own problems and the fellowship
that the battlefield had created be-
came but a memory. While we were
visiting, eighteen tortoise shell cats
and kittens gathered about us, every-
one of them worthy a blue ribbon. We
could not touch a hand to their soft
fur. They would not play with us
and our hostess explained, “Kit'en no
speak do English—speak do Italian.”
Her husband, she made us understand,
had gone to town with the cream and
she could let us have a loaf of bread,
half wheat and rye. But first to the
melon patch where she selected, one
which we devoured seated on the
ground near an old pine stump.
We came away with the bread and
all the melons the Soldier Boy could
pack. Gramps also toted a paper sack
of eggs and a pail of milk. But the
long legged Soldier Boy set a pace
which kept the old fellow on the
double quick and when about half
way to the camp he caught his toe
under a briar tangle and in a wild
lunge, the paper sack aloft, Gramps
and the eggs came down in a crash.
There were all sorts of yellows in
that landscape and no sense in trying
to improve the scenery with this wild
scramble. Plenty of brimstone sea-
soned the expressions that accompan-
ied the salvage of only nine good eggs.
That is one of the events of the day
we would like to forget and as we
write remember only the little mother,
the pleasant home and the beautiful
garden.
And this leads me to ask, why can-
17
A Real Opportunity
Is Offered
In the Dividend Paying Securities
of the
NUT GROVE BUTTER COMPANY
The SECOND LARGEST PRODUCERS
of Nut-Butter and Margarine
Class “A” is PREFERRED as to ASSETS AND DIVI-
DENDS, bearing 8% dividend and participating to 10%
RESERVE FUND—ful! paid and non-assessable.
Class “B”’—fully participating in management and divi-
dends after 8% has been earned on Class ‘“A’’—full paid
and non-assessable.
SPECIAL
FEATURES
Exempt from Normal Federal Income Tax.
OPERATING THREE FACTORIES
The Company operates three factories, geographically located
for ew distribution in Detroit, Mich., Providence, R. I., Syra-
cuse, N. Y.
THE DEMAND FOR NUT GROVE BUTTER
The demand for Nut Grove Nut Butter has increased enormously,
and its output is only limited by its manufacturing facilities. The
company has many orders on hand, upon which they are making
daily shipments.
Among the brands manufactured by them are Nutto, Golden
Hue, Silver Spread, Nut Grove, Liberty, Palestine, Nut-O-Gold,
Country Club, White Valley, Higgins Country Roll, Nut Glow and
cthers. They also manufacture under private labels for the largest
dstributors in the United States, and two brands of naturally tinted
Nut Butter—the ONLY company doing so—under a secret process.
STATISTICS
The Nut Butter business in this country is still in its infancy.
Government statistics show that the consumption in the United States
of all oleomargarine and nut butter is only 3.71 lbs. per capita, while
in Great Britain it is approximately 22 pounds per capita; Norway
and Sweden approximately 26 pounds, and Denmark and Holland,
two of the finest and largest butter producing countries in the world,
28 pounds per capita, while in Germany it is 45 pounds per capita.
In 1908 the oleomargarine sold in this country consisted of only
81,530,566 Ibs.; in 1914, 144,302,750 lbs.; in 1918, 332,000,000 Ibs.; and
in 1919, 371,000,000 lbs. Comparative figures for the same months
of 1919 and 1920 show an increase in the use of oleomargarine of
about 20%, while the increase for the same months in the strictly
nut butter shows an increase of about 70%, thereby clearly indicating
‘that the nut butter is increasing more than three times as fast as
oleomargarine and other butter alternatives in general.
RECORD OF SALES AND EARNINGS
From Sept. 13
1917 1918 1919 1920 1921 (Approx.)
$298,586.54 $815,336.26 $1,088,482.69 $1,381,046.25 $2,250,000.00
THE COMPANY HAS PAID 10% on CLASS A and 4% on
CLASS B at present price offering on every dividend paying period,
including the most recent one of February 15, 1922.
THE COMPANY IS EXPANDING
NOW IS YOUR OPPORTUNITY
AUTHORIZED CAPITAL
$7-10% Class A Char 10.00) ___...__--._-...._..-.___. $1,000,000.00
Glass B €No Par). 150,000 Shares
WE OFFER
30,000 Shares 8%-10% Class A Stock
30,000 Shares Participating Class B Stock
OFFERED—in Blocks of ; oe it s $15.00 per Block
Purchases may be made either for cash or partial payment plan.
Write To-day For Detailed Information
NATIONAL INVESTMENT CORPORATION
Murphy Building Detroit, Mich.
GENTLEMEN:
Without any obligation on my part send me full particulars regarding
Nut Grove Butter Co.
Name
Address
18
not all this cut-over land be made in-
to prosperous farms? I am puzzled
to know why men go to the arid
plains of the West when we have
thousands of acres which can be had
for a song at our very doors; back
forties which can be planted with
blue berries which grow so plentifully
on the sand beaches of Superior. Why
not conserve with bees the million
pounds of honey lost every
Now that the prodigal sons have
drained the State of its forest wealth,
year?
there is left to us the sassafras, gold-
en rod, wild sumacs, blue
spruce pine and hemlock
which give old Mother Earth the look
of a toothache. Why not award the
State Dentistry Association the com-
mission to pull these fragments or
asters,
stumps
why not give the buyer of each forty
acres a stump machine and a “barrel
of pepper?”
Canoeing is unlike any other out-
ing. Each day presents a routine and
program of its own. The password is
“travel
canoe with care, never overload.” The
light, pack and load the
camp, if only for one night, should
have drainage and shelter from wind
storms, balsam or some other good
bedding and plentiful use of it. Then
in your wool blankets you will be
happier than dwell in
marble halls. In our party of four
those who
were three fine cooks. Gramps was
strong at making camp fires and
balsam beds. Dan was chief cook,
He had more good things to eat in
his duffle than one could find in a city
hotel. He brought forth hot graham
muffins with butter and honey, fried
mush and maple syrup, bacon and
Johnnie cake. Dan, it seems, inherited
Aladdin’s frying pan and oven if not
his lamp. Dern a lamp anyway in
camp. If packed in the duffle it would
be sure to leak oil. He made magic
with a contrivance that gave out dill
pickles, currant jelly and tomato soup.
With a turn of the wrist he brought
forth those which
mother used to make and never a one
was fed the fishes or birds,
biscuit light as
Not often does one find the good
points of a hundred men bundled up
in one and it seems to me now that
a canoe trip without Clyde would be
like bread without butter. He knew
everything about canoeing “which was
worth knowing. When it came to
cooking, Clyde’s specialty was apple
sauce. If he had to tramp five miles
back from the river for fruit, he always
had some apples stewing on the stove.
The Soldier Boy, with his six foot
two and a winning smile, was not only
He could
see a joke in the wildest thunderstorm
and every dip of his paddle was a
flash of sunshine. Like all good sol-
diers he had a sweet tooth and a
swectheart. The latter had packed in
his duffle bag a ten pound slab of
milk chocolate. Every kid or kiddie
we met up with, as well as many
grown ups, were treated to a sample.
I advise all young fellows who paddle
the River of White Trees to wear a
soldier’s uniform or tote a load of
chocolate, for they carry a magic key
to the doors of home and good will.
None of our party used tobacco, so
a cook but an able forager.
MICHIGAN TRADESMAN
we lacked a cigar to offer to an old
teamster whom we found snoozing
away one Sunday morning in the
shade of an old logging camp barn.
By way of substitute, the Boy offered
a square of hcocolate. Looking it
over the old fellow asked, “Do you
shave it (for your pipe) or chaw it?”
But to return to our cooks. Nary
a one of this squad was a member of
the hash slingers union. Twenty-
four hour days were all too short for
the joy of living. An eight hour man
would soon have
drift wood jam of derelict logs float-
ing along life’s stream for awhile,
then blocking the way or piling upon
the bends to rust out. Seems to the
canoe man better to be a shingle on
a corn crib than a straggling log in a
drift jam.
stranded in the
carved on the birch trees round about.
Truants from the little red school
house were chased back to their
studies by the school master who
tickled their legs with a_ willow
switch. .
It was by this old swimming hole
that the boys of ’6i planned to form
a squad in one of Custer’s cavalry
regiments and when they were gone
it was here their sweethearts came
wandering. After all these years,
there is the same swirl to the waters,
the same trees, but few of the boys.
Some lie sleeping in the Southland,
but one, at least, is left. He pca-
sessed the charm that carried men
through all dangers and came back
to enter life’s stream with all the vim
of the dashing cavalryman. He built
up a fortune in mills, bonds and
Hon. Chas. E. Belknap.
explored Clay
Bank Lake, a gem of a place, in-
habited mostly by fish. Gramps pad-
dled for Dan, who was casting for
bass. Above us on one of the hill
plateaus, a plowman was spending the
One morning we
glorious day cussing his team, out of
I trust
the “recorder of deeds” pays no heed
to the expressions used by this plow-
man of the pine stump lands. He
gets full punishment here below. He
goes on cussing until his back is bent
and broken and his voice gives out.
Then, perhaps, he gets wise, digs a
can of worms and goes fishing.
Beyond a clay bank bluff, where the
water sets back into a bay, hidden by
trees and vines, we found an old
swimming hole. Here in the days
gone by the charm of the place had
lured the boys for miles about. Their
names, al] overgrown with bark, were
sight, but not out of hearing.
farms; traveled the West, the South
and Main Street. Then a hunch led
him back to the swimming hole. We
found him in the shade of an old
birch tree, where his initials cut with
pocket knife were overgrown and
dim. He was smoking a cob pipe and
fishing with a rough cut pole, from
which a line with a bobber floated on
the water. That line was in trouble,
being baited for grass pike, not trout,
but he did not sense it. His dreams
of the fleeting forms of yesterday
were not disturbed until Gramps’ eyes
lighted upon his Grand Army button.
Then with a hail from the canoe,
“Hello, Yank, how far is it to camp?”
he came to with right good will. Most
of the civil war was fought over be-
fore we succeeded in floating on. The
old comrade with his visions of yes-
terday bid us a heartfelt, “Come again.
If I’m not here with my pipe, you
March 22, 1922
will find me digging bait behind the
barn on the hill.”
Just where the river at a six miile
gait in a puzzle of elbow bends runs
away with itself, we found a regular
“Ranch Man’s Delight.” It was a
great surprise to come upon flocks of
sheep, herds of cattle, ranch houses
of logs, cabins with shaded verandas,
large barns, gardens with flowers
and a flag pole from the top of which
floated the colors we all salute. The
noses of our canoes seemed to sense
a welcome and glided of their own
will to the landing where the house
dog met us with a welcoming wag of
the tail. Only the manager was at
home, his calloused from
shoveling prosperity, which seemed
the principal thing grown on this
ranch. Being just river tramps we
have no right to tell of the glories of
Rowe ranch. But we wondered to
ourselves, as we again took to the
river, why men go to the arid West,
where some of them haven’t water
enough to wash their necks, when
right here at home they can tap a
river full of speckled trout, turn a
stream into a corn field and grow
corn with red kernels. Then at the
husking bee kiss the prettiest girl
and carry her off to cook your trout
and thus have heaven on your own
forty right here in the cut-over lands.
Charles E. Belknap.
—_—_+-.—__—_
An Electric Doll.
Who ever heard of an electric doll?
The idea has been patented by David
Zaiden, of East Orange, N. J., and.
with the help of an armature in the
head of the doll and a little battery
to energize it, he gives to the manikin
lifelike movements of the arms.
The arms are connected by a spiral
spring, which passes through a tube
that is hung on a rod carried by the
armature of an electric magnet.
When the electric magnet is ener-
gized the arms are agitated with move-
ments simulating life, the effect being
increased by the resiliency of the
spring.
hands
—_—2-.__
Our trouble with corn for fuel is you
can’t eat coal.
For Sale
A Profit Making old Established
Business in Prosperous Farming
Stock consists of
Dry Goods, Shoes
Clothing and
Furnishings
Also Brick Building of Modern
Community.
Construction and Modern Fix-
tures. Will sell complete or sell
lease
stock and fixtures and
Building.
Communicate with Owner.
SOL GITTLEMAN,
Lakeview, Mich.
Bo ol
March 22, 1922
q
(
(Ted
Sassi
aos Gt ata as
In Paisley Shawls
or Sable Wraps
These TOWELS Fill Their Needs
HE little old lady who wants a towel or two—something in-
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Write your jobber today for samples, prices and complete informa-
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MICHIGAN TRADESMAN
Be certain you secure
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Look for this trade-mark
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eee
REELED AE
CANNON TOWELS
19
STRATEGY IN BUSINESS.
Modern Merchandising Calls For Ad-
vance Planning.
I have written one article on In-
tegrity. This was followed by one on
Energy. The subject of this article
is Ability.
Ability means the thinking or in-
tellectual side of business. A man of
ability thinks straight and controls his
actions by his head. A man of ability
may be impulsive but he is a man of
cool second thought and his impulses
are checked by his intellect. A man of
ability is a close student of “relativ-
ity’—in other words—the relative im-
portance of one thing to another. A
man of genius in business quickly sees
the important thing to be done and
does not allow any little side issue to
interfere with his plans. From my
observation of men, they differ more
in this respect than in any other. A
man with a keen trained mind quickly
sees the main road, while smaller
minds easily get side tracked and
waste their energy running up and
down blind alleys.
Is the building up of a standard
business in the manufacturing or job-
bing line worth while? By a standard
business I mean a business that deals
very largely in the necessities of life—
a business that will not be seriously
affected by changes in fashions. In
this article J desire to show that the
building up of such a business is of
great value because, unless it is di-
rectly wrecked by mad management or
dishonesty it will support families that
control such a business from one gen-
eration to another. I believe that the
building up of such a business is the
result of personal sacrifice of many
valuable lives, and that the franchise
of such a business should be valued
accordingly. When such a business is
once created it is almost a crime when
it is destroyed by carelessnses and in-
efficiency.
What is the ideal business organ-
ization? Most business men have very
erroneous ideas on this subject. They
seem to think that the ideal business
is a very large one with a lot of sys-
tem and red tape. Asa matter of fact,
the ideal business is one good man
running his own shop and doing
everything himself. That is the ideal
that the largest business organization
tries to follow. System, efficiency and
red tape are simply necessary evils in
a large business because it is large. I
have dwelt on this subject at some
length in one of my early articles.
With one good man doing everything
in his own business, there is always
concentration of effort and _ perfect
harmony. There is no jealousy be-
tween right hand and the left of the
one man. All managers of large busi-
nesses, however, know from bitter ex-
perience that jealousy between the
various people in the organization,
from the top clear down to the bot-
tom, is one of the greatest handicaps
in the development of the business.
A well established business earning
money is a franchise. What I mean by
that is that if, for instance, in any
city there are two well established,
prosperous hardware houses’ two
houses hold a very valuable franchise
in their territory. When a house is
MICHIGAN TRADESMAN
once established on a firm foundation
it is very difficult indeed to wreck the
business. Recently a bank in New
York telephoned me and asked what I
thought about the credit of a certain
Western hardware jobber. I happened
to know that this jobbing house was
very well managed. I answered the
banker by asking him this question—
“Did you ever know a hardware job-
bing house to fail?” Stop and think;
in the last twenty-five years have any
of the readers of Hardware Age
known a well established hardware
jobbing business to either fail or go
into the hands of a receiver? As I
told my banker friend—you can’t kill
a well managed hardware business
with an axe! I have known managers
of certain businesses who tried to kill
them but it has simply been impos-
sible.
Have you ever thought how the cor-
poration form of business has helped
steady and perpetuate established
houses? The corporation form of con-
trol naturally divides a business into
its parts with a certain officer of the
company in charge of each part. A
very learned lawyer friend of mine in
discussing modern corporations ad-
vanced an idea that I have found very
interesting to study out.
This lawyer stated that in the
Middle Ages practically all wealth was
in land. The feudal system grew up
upon the basis of land control. The
serfs or villeins belonged to the land.
Land was necessary for their exist-
ence, and needing the land they were
practically the slaves of the nobles
who owned the property. In order to
maintain their control the great landed
nobility developed the system of pri-
mogeniture. In other words, the old-
est son inherited the undivided estate.
Of course the object of this system
was to perpetuate the land in the fam-
ily, and as we know the system work-
ed well and for hundreds of years the
landowners practically controlled
everything. When the Government of
the United States was founded, our
early statesmen such as Thomas Jef-
ferson realized the unfairness of this
system, so they abolished the law of
primogeniture and as a result with
us the land and estates were divided
among the various heirs equally upon
the death of the original holder.
In modern times land ceased to be
the great source of wealth and the
corporation was devised as a means to
hold and mnaage many other forms of
wealth. Well managed corporations
with modern accounting and business
methods stabilized wealth and passed
it down from one generation to an-
other, who held the control of the
stock in these corporations. In other
words, my good friend the eminent
lawyer declares that to-day the cor-
poration and corporation management
has taken the place of the feudal sys-
tem in the Middle Ages. Now with
this hint, those who take pleasure in
working out parallels may carry on
this thought indefinitely.
Have we to-day in our corporations
a well defined, modern feudal system
in which certain men control, manage
and perpetuate great wealth just as
the feudal barons did in the Middle
Ages? One must have this thought to
understand more fully why the State
these days is levying taxes and also
very heavy surtaxes on large incomes.
The idea is not only to provide
revenue for the Government, but also
to check the constant increase in
wealth brought about by the corpora-
tion form of control and management.
Now what has all this to do with
my article? My point is just this—a
well established business in any stand-
ard line of merchandise is a franchise.
It is not only a franchise, but with the
corporate form of control it practicel-
ly becomes a perpetual one. Under
our present laws a minority stockhold-
er in a corporation stands about as
much chance as a younger son did in
the good, old feudal days.
What I am driving at is that the
rewards that follow the building up
of a profitable business under our
present business system are very
large and long continued. One man
may build up a business simply work-
ing from day to day without much
further thought than that he is pro-
viding a living for himself and _ his
family. After a while as he grows
older he desires to establish his busi-
‘ness on a basis so it will take care
of him in his old age. Many of these
men, founders of businesses that have
grown to be very large and have last-
ed for many years, never realized just
what they were doing. They did not
know that their businesses with the
development of the country would
grow to enormous proportions, and
that these businesses growing from
small beginnings would give their de-
scendants incomes compared with
which the revenues of the feudal
barons of the past would be insignifi-
cant.
The moral to be drawn from this
line of thought is that it is well worth
while to go to great pains to develop
a business. The wise manager of a
business will constantly bear in mind
that he is building for the future.
Therefore he will spare no pains in
seeing that his business is established
upon correct principles—that it is of-
ficered by the right kind of men and
that unusual care is devoted to the
selection of department managers,
foremen and salesmen. As the re-
sults of success are so far-reaching,
the time spent in teaching and training
the men in a business is very well
used indeed.
With these thoughts in our mind,
let us consider the strategy of the
management of any business. The
first thing, of course, whether the busi-
ness is large or small, is to positively
know the facts about the business.
These facts can only be obtained by
good accounting. If I were sudden-
ly put in charge of a new business the
very first thought I would have in my
mirfd would be the accounts of that
business. Now by this I do not mean
a lot of expert efficiency work, but
I do believe that the books of every
business should be audited at regular
intervals, and where the business is so
located that it is convenient to have
chartered public accountants check up
the accounts, I would strongly recom-
mend that this be done. Roger W.
Babson of Babson’s Statistical Or-
ganization is now conducting classes
for young men-in business manage-
ment, and one of his classes I under-
Fr
March 22, 1922
stand is intended primarily for the
benefit of young men who will inherit
large corporate interests. It is im-
possible for any man to direct a
modern business properly and effici-
ently unless he understands some-
thing of modern accounting and if the
man in charge of a business does not
understand accounting he should take
lessons immediately. This is funda-
mental.
Business building has always ap-
peared to me as being a very simple
thing. Of course to build up a stand-
ard business takes time and work. I
use the word “standard” because I do
not refer to that class of businesses
that are sometimes built up overnight
by tremendous advertising campaigns.
It is always questionable whether such
mushroom growths will prove to be
lasting.
I was the president for ten years of
one business where our gains in sales
averaged about $1 000,000 per year for
ten consecutive years. These sales
were built up by concentrating on cer-
tain simple plans. In the first place
we decided not to seek any foreign
business. We next decided to start in-
creasing our business first in our
home town, then in our home state
and then as we developed we spread
out into faraway states. In other
words, we worked from the inside out.
It may be interesting to the trade to
know some of the plans we followed.
The first thing we developed was good
service. We shipped goods very
promptly. We did our level best to
keep our stocks complete so we filled
our orders with very few shortages.
In the jobbing hardware business I
am absolutely convinced that good
service is of more importance than
cut prices. What I mean by this is
that you can hold your customers and
increase your business more quickly
by giving first-rate service than you
can by having poor service backed up
with cut prices.
To give real good service means ex-
ceedingly hard work on the part of
the managers of the business. In giv-
ing good service the first thing the
head of a business must watch is his
claim department. You must not study
claims by hearsay. Have the letters
of complaint come to your own desk
and study them day by day. These
kicks or complaints will give you the
best photograph of the service of your
house that you can possibly get.
Claims should be analyzed and tabu-
lated and by doing this a finger will
point to those weak spots in your or-
ganization where the machinery is
knocking. You can afford to pay a
good salary to the manager of your
claim department.
Referring again to accounting, I
would say that it is my opinion that
the accounting department of the busi-
ness should be kept just as far as pos-
sible separate from the rest of the
business. Accounting fundamentally
is simply a system of charges and
credits. All charges and credits should
be passed to the accounting depart-
ment in written form. For reasons
that will appear obvious to all experi-
enced business managers, the less per-
sonal contact there is between the rest
of the house and the accounting de-
partment, the better.
March 22, 1922
MICHIGAN TRADESMAN
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22
Let me illustrate what I mean by
telling of an experience I once had
with a certain club. This club for
years had lost about $10,000 per an-
num. Every year the members made
up the deficit.
was that the club was losing money.
The only explanation
Nobody seemed to go into question
of why the club was losing money.
Finally the writer and an expert ac
countant were placed on the house
committee. We decided to thoroughly
investigate the affairs.
The first thing we did was to take
away the accounting from the juris-
diction of the manager of the club.
We made it a separate department un-
der an efficient and honest accountant.
We instructed the manager to pass all
bookkeeping items through a window
into the bookkeeping department, and
we insisted upon having clearly de-
fined vouchers for every charge and
credit. The manager naturally did
not like our plans.
Then we established a store-room
and put a man in charge of the
store-room. In the store-room he kept
a buying book. The manager was
compelled to call for bids on almost
everything the club bought, and he
received quotations. These quotations
were entered in the buying book and
the lowest price was checked. If we
did not buy our supplies from the
concern that quoted us the lowest
price the manager had to enter an ex-
planation. All supplies were delivered
to the store-room and the quantities
and weights checked there. When
supplies were needed by the club they
were drawn out of the store-room on
MICHIGAN TRADESMAN
written orders. With this system it
was a simple matter to check up the
s‘ore-room. Then the club had a
side door and it seems that all the em-
ployes came in and went out of this
door. The side door was locked and
the employies upon arrival and de-
parture were required to pass in front
of the office. A simple but accurate
system of accounting and profit-figur-
ing of the different departments of the
club was installed.
The upshot of this work in this
club was that at the end of the first
twelve months of this form of man-
agement the loss of $10,000 per annum
was turned into a profit of $10,000 an-
num—in other words—a difference of
$20,000 in the income of the club and
strange to say, the club prices were
nowhere advanced! The conclusion
of course is obvious. The manager
decided to resign. I merely tell of
this incident because it clearly out-
lines my theory of having the account-
ing of a business separated just as
much as possible from the rest of the
business. The accounts in a business
should only be under the direction of
one of the leading officers in the busi-
ness and they should be entirely in-
dependent of any of the heads of de-
partments.
I will briefly outline some of my
experiences with salesmen. I never
had much luck with the very high-
priced men. I mean salesmen that
came to me with great reputations
which they had built up with
other houses. In almost every in-
stance such salesmen proved a dis-
appointment.
I may say the same
thing in regard to very high priced de-
partment heads. For some reason
they never made good. I was often
reminded of the saying of some one
to the effect that when a man drew
a very large salary it took a good deal
of his time to spend the salary! I
have always had better luck in busi-
ness with moderate-priced people. By
this I mean men who would start at
a low salary and then develop. The
proper way is for an organization to
develop from within.
In St. Louis there used to be a part
of the town where the poor Irish lived.
It was called Carey Patch. I got a
lot of good boys and men out of
Carey Patch. One day I happened to
remark —“Thank God for Carey
Patch!”—and the expression stuck to
me for a long time.
Recently at a gathering of some of
the leading sales managers and adver-
tising men of the country the question
was discussed as to the best sugges-
tion that could be given business men
in the selling end of business for the
year 1922. After some discussion it
was finally decided that there was no
question whatever and that the best
method to get results out of the sell-
ing end of the business was to plan
very carefully indeed for the future,
lay out these plans definitely on paper
and then as the year progressed, check
the results against the plan.
The head of the sales department
of a very successful house—a house
that made a large increase in their
sales in 1921 aver 1920—told me that
he believed that the strongest and best
thing they did in their sales depart-
March 22, 1922
ment was working out a plan and.a
quota for each year. This house sells
goods all over the United States
through general agents. They employ
He said that
every one of these agencies was re-
quired to make up a quota for each
salesman for every week and every
month of the coming year and these
quotas were all tabulated before the
year started. He made the point that
the head of the sales in New York did
not assign these quotas to the field
men, but the field agencies made up
their own quotas and sent them on to
Then he showed me
hundreds of salesmen.
headquarters.
how closely they had worked to their
quotas in 1921. With such planning
he said they knew in the first place
what financing to do for their busi-
ness—just how much money they
would need. Then the manufacturing
departments knew very closely in-
deed what would be required of them
in ‘he way of production. Others may
be able to get along without quotas
and without planning a year’s business
ahead in every detail, but I do not
see how we could possibly run our
business without planning and _ with-
out quotas.
Then he smiled and said—‘“When I
ask a salesman if he will work hard
and do his level best for the house
the coming year, the salesman of
course answers—‘Sure I will.’ “You
will do your part?”—he would ask
the salesman. “Yes,” answered the
salesman, “I will do my part.” “All
right,” this sales manager would then
say, “let us move on to the next stop
which is—just what is your part?
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Let us figure oiit just what your part
is and we will give that to you 4s
your quota and then we will check
you up week by week and month by
month and see whether you actually
are willing to do your part or not.”
There is no doubt that in 1922 we
are faced in all lines of business with
one of the years of the keenest
competition we have ever seen.
keener than
ever before for one reason—because
since 1914 the world has learned bet-
ter than ever before the great power
of organization. Organized selling
on a tremendous scale and with tre-
Competition will be
mendous power is being put under
way in this country this year. When
an old fashioned business man brought
up in the old school attends the meet-
ings of some of these sales and adver-
tising organizations here in New York
and learns what they are doing to
bring to bear selling power, he is
amazed at the thoroughness with
which the work is being done and
how every element of success and
failure is carefully worked out. He
cannot ‘help but think, as he sits and
listens to the plans of some of these
great selling organizations what a slim
chance some of the houses in business
will have competing with them. In
these days we cannot guess at figures.
We must know them. We cannot af-
ford to guess at certain elements in
business. We must send out investiga-
‘ors and learn exactly what these ele-
ments are.
The United States in the past twen-
ty-five years has out-stripped the en-
tire world in production. We _ have
invested millions in modern manufac-
turing methods, automatic machinery,
electric control, etc. Our capacity to
produce cheaply on an enormous scale
tas been the wonder of the world.
Of course Europe excels us in their
skill in all manufacturing where hand
work is required, but when it comes
to use of machinery in production, we
have no competi‘or in the world—not
even in Germany.
On the other hand, the science of
distribution—that is—the science of
economical salesmanship in this coun-
try lags far behind the science of pro-
duction. We are not distributing our
goods in the United States as econ-
omically as we should. It is costing
us too much after the goods are manu-
factured to distribute them. Any com-
parison of the cost of manufacturing
any line of leading articles in general ,
consumption with the cost of selling
them through the channel of the man-
ufacturer, the jobber and the retail
merchant will show that the spread
between the cost of the goods as they
leave the factory machine and the
price of these goods as bought by the
consumer is entirely too great. It is
this spread in the cost -of the goods
reaching the consumer that the
science of distribution, which in the
last analysis is the science of modern
salesmanship, must grapple, study and
apply the remedy in a more econom-
ical cost of distribution.
This problem in recent years is be-
ing approached from a number of dif-
ferent angles. One of them is the
great mail order house, This sys:em
of distribution is from the manufac-
turer to the mail order house to the
MICHIGAN TRADESMAN
consumer. This system leaves out
all personal contact between the seller
and the consumer. Another system
that has been developed is the line of
chain stores. This system is from the
matitifacturer to the chain store to the
consumer. Another system that is
just beginning to be felt in this coun-
try is the co-operative store. This
system is distribution from manufac-
turer to the co-operative store to the
consumer with the consumer sharing
in the profits on his own purchases.
Another system that has been appat-
ently successful in the drug line is
the distribution of goods to retail mer-
chants through co-operative jobbers,
This system means the distribution
from manufacturer to these co-opera-
tive jobbers to the retail merchant, the
retail merchant sharing in the profits
on his own business through holding
stock in the co-operative jobbing con-
cern,
It will be noticed in all these cases
that the old established system of dis-
tributing goods from manufacturer to
jobber, and jobber to retail merchant,
and retail merchant to consumer has
been changed and the old line jobber
has been eliminated. Therefore in
my nexth article I will take up a study
of the position of the jobber in mod-
ern scientific distribution. We will
consider the old question of whether
the jobber is necessary or not. We
will tell some of the very plain things
that manufacturers have to say about
jobbers and the usefulness of the job-
ber in distributing goods. Some man-
ufacturers depend upon the jobbers to
distribute their goods for them. Other
manufacturers are going direct to the
retail trade. Still other manufacturers
are adopting the policy of using the
jobber simply, for distribution, not
counting on him as a sales organiza-
tion at all, the manufacturer himself
through his missionary salesmen in-
troducing his own goods to the retail
trade, even going direct to the con-
sumer.
In the coming article we will lay be-
fore the hardware jobbers of the
country just what dozens of great
manufacturers say about them as dis-
tributing and. selling organizations.
Please note the distinction I draw be-
tween a distributor ‘and one that
makes sales. A distributor in the sense
T have in mind simply warehouses the
goods and when they are called for
by the retail trade, ships and_ bills
them. A selling organization on the
other hand’is one that not only carries
goods in stock and fills orders, but
actually sends out trained salesmen to
create a demand for such goods, in-
troduce and sell them to their cus-
tomers.—Saunders Norvell in Hard-
ware Age.
—_—_+++___
Pine Song.
Like a young pine
May I grow:
Only feel
But never know.
Feel the wind
And rain and sun,
See dusk dead
And day begun,
Feel the touch
Of needles fine
Of a swaying
Neighbor pine,
Feel the forest
Awe and wonder
Only never know
That under
Beauty lieth woe.
i Mary Carolyn Davies.
23
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MICHIGAN TRADESMAN
9
| WOMANS WORLD
Half the Trouble May Be Found in
Fatigue.
Written for the Tradesman.
Fatigue plays a larger part in our
lives than we generally realize. It
has come to be recognized as a most
important factor in the schoolroom,
where wise teachers allow for it; but
we do not ordinarily think of it as a
thing to be allowed for in the home.
The “fatigue point” is just as im-
portant in the behavior of children at
home as in the school; it is quite as
important—I don’t know but more
so—in the lives of mother and father.
They are the ones who set the pace
and govern the atmosphere for all the
rest of the family.
A serious, nervous, even moral
breakdown might be averted by a wise
watching out lest this “goblin gets
you” before you can chase it away by
change of work or scene or relaxa-
tion in some form of recreation.
“By “fatigue” I do not mean mere
tiredness that comes to us all. In
educational and scientific parlance it
has a much deeper meaning. Students
of child nature are giving it increasing
importance and attention.
“The decrease in the power to do,
indicated by change in amount, rate
or accuracy, which can be observed
and measured, is what is meant by
fatigue. Hence fatigue is a condition
of decreased power, produced by con-
tinued activity.”
So says one of the careful students
of the matter—you will find it in
Edwin A. Kirkpatrick’s “Fundament-
als of Child-Study” (MacMillan, 1907).
When I look at some of the old
samplers or patchwork done by our
great-grandmothers before they were
ten years old—“made by Abigall, or
Charity, or Mary, aged seven—often I
wonder how they did it and lived. The
work was fine, altogether too fine we
would say now, for little children’s
eyes and fingers. The work was kept
up in some cases, I know, for longer
than the fifteen or twenty minutes,
which we now know to be the limit of
a little child’s power of concentration
on work of that kind. The mothers
of those tots were breaking all the
laws of fatigue, and no doubt the
children paid dearly for it. In this
day we are learning to keep on the
safe side of the breaking point.
In well managed schools you will
see teachers suddenly open the win-
dows wide and have the children stand
for two or three minutes breathing
deeply and going through some light
exercises. That is because she has
noticed signs of fatigue, for one thing;
also because she knows the children
need a fresh supply of oxygen from
new air.
Many mothers do not appreciate
the importance of fresh air in the
home; they forget to open the win-
dows in the afternoon and evening.
The morning airing is not enough.
Many a fatigued child or adult shows
in indolence or bad temper simply the
results of improper air in the sitting
room at home.
In the “baby room” of a large
kindergarten that I visit sometimes
I have noticed the care exercised by
the teacher in seeing that the little
ones have good light—over the
shoulder rather than directly in front.
Even children doing no fine work,
but using only the larger muscles,
must be watched for the fatigue that
comes from eye strain.
Local fatigue, which may be con-
fined to a single set of muscles or
one sense organ is bad in itself; but
if not relieved will affect others, and
finally the whole organism.
Watch this matter at home. Have
your lights arranged in the evening
so that all may read easily without
eye fatigue. And in the daytime—are
the windows too heavily curtained?
Are your chairs so arranged as to
afford good light?
The signs of fatigue that teachers
look for, and that apply just as much
at home, are not difficult to detect.
Among the more evident signs are
wandering and varying attention,
restless and fidgety motions—all call-
ing for a change of occupation, with-
out which the nerve centers become
over-strained and irritated and pro-
duce all sorts of nervous reactions.
“Jaded expression of the face,
drooping attitude, paleness or redness
Ueto (2) > ee
e March 22, 1922
of cheeks, dazed, weary or lack-
luster appearance of the eyes, twitch-
ing, miscalling words in _ talking,
sleeplessness, irritable, cross words,
and many other every day states
that we often overlook” are among
the symptoms of fatigue listed by
Kirkpatrick.
Children—and grown folks too—
ought not to be pushed when they
get into this state; they ought to be
treated with utmost patience.
One hour of fun may work miracles.
A little change in the routine of the
home, a short visit, a trip some-
where, even on a street-car line, may
be all that is needed to freshen a
whole family and send them back to
work and study with new zest.
Prudence Bradish.
(Copyrighted, 1922.)
We are making a special offer on
Agricultural Hydrated Lime
in less than car lots.
A. B. KNOWLSON CO.
Grand Rapids Michigan
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March 22, 1922
MICHIGAN TRADESMAN 25
HE WALKS WITH MEN.
Wherein Edward Swett Differs From
Mark Twain.
Muskegon, March 14—In my recent
visits among the hotel men of the
State, and my numerous interviews
with traveling men during that same
period, no single individual has been
more frequently spoken of, or more
sincerely commended in the work
than mine host, Edward R. Swett, of
the Occidental Hotel, of this city.
To write his biography would be
a large subject and comprehensive
contract, but to speak of him as a
kind, generous and loving friend, is
a labor of love, the assignment to
which I thank the editor.
Some weeks ago Mr. Swett wrote
me that he intended to hold me to
my promise to spend several weeks
as his guest and that he was wonder-
ing why I had passed him up, where-
upon I advised him that I had ever
had him in mind and intended to
round out my winter’s feast with an
Occidental dessert, and here I am.
Mr. Swett is, to say the least, a
collossal figure in hotel affairs in
Michigan and in municipal doings at
home. At the age of 17 he entered
the employ of the Langmore Hotel,
in Chicago, as a bell boy, but he had
included in his curriculum of younger
days a course in mechanical engineer-
ing, which study he continued, and
every spare moment outside of his
regular hours of employment, when
not occupied by such studies was
spent in learning the minutia of hotel
operation, especially in what is known
as the back end work—engineering
and. stewardship.
At the age of 20 the subject of
my sketch was given the position of
chief engineer of the Seminole Hotel,
at Winter Park, Florida, on the sup-
position that he was of much riper
age than he really was, and at the
end of the second season, on account
of the destruction of the Seminole by
fire, he received the appointment of
superintendent of repairs of the en-
tire plant system, consisting of four
of the most important, at that time,
hotels in that State.
Soon after, however, he was ap-
pointed chief engineer and superin-
tendent of Hampton Terrace, at
Augusta, Georgia, at that time the
_ largest and finest resort hotel in the
world, at which establishment was
entertained from time to time such
notables as Rockefeller, Harriman,
Twombly, MaCormick and others.
Later on Mr. Swett became owner
of the Hotel at Laké Harbor succeed-
ing his uncle, Edward R., and had
charge of the numerous cottages at
that popular resort until the destruc-
tion of that famous institution by
fire in 1918.
During this period of ownership
of the Lake Harbor property, Mr.
Swett, through an association of
Muskegon capitalists, known as the
Occidental Hotel Company, acquired
the old Occidental Hotel, which had
held a place in Muskegon history for
many years. It was opened as a
frame structure back in 1868 and sec-
tion after section had been added as
necessity required. The Western
avenue frontage was the first addition
to the old frame structure and it was
built in three sections. The middle
tier of these stores was built in 1885,
the end tier in 1888 and the corner
in 1893. The last was constructed by
N. A. Barney and his son, Henry
Barney, the latter being manager of
the hotel for nearly two decades.
The advent of the Barneys really
marks the beginning of the modern
Occidental. Charles Schoenberg fol-
lowed Mr. Barney for two years and
then came Mr. Swett.
The rehabilitation of the Occi-
dental, representing an investment of
a half million of dollars, culminating
in the magnificent eight-story struc-
ture, containing 320 rooms, every de-
tail representing the last word in
hotel creation, and opened to the pub-
lic last year, marks a new era in the
business and social life of Muskegon.
Patrons of the hotel have gradually
shifted their social events from the
home centers to the hotel and the
Occidental may now be considered the
headquarters of social life here.
The remarkable growth of the Oc-
cidental during the past dozen years
under the sole management of Mr.
Swett brings to light an interesting
story in the organization of employes,
a story well known among hotel men
the country over. This story is the
record for long and faithful service
which most of his employes possess
and it is a topic at conventions in
sections of the country even where
Mr. Swett has not been identified.
Hotel employes frequently are of
a type that move from one section
of the country to another ‘without
long stopovers and the fact that many
of the Occidental employes have been
here continuously during the period
of Mr. Swett’s incumbency naturally
is a cause of much comment in the
profession.
The key to this excellent organiza-
tion is believed to lie in Mr. Swett’s
method of constantly promoting the
welfare of his employes, past as well
as present. They are given responsi-
bilities and, naturally, are required to
deliver service and this policy, cou-
pled with opportunities the employes
are given for advancement, have made
them contented and efficient in their
profession.
Hotel papers and books on_ hotel
efficiency are supplied and all in the
service are required to study thor-
oughly, and in addition a correspond-
ence course in hotel conduct and
management is also provided.
Mr. Swett personally gives every
assistance in these studies and en-
deavors to inspire interest in pro-
gressive ideas.
Many of his graduates have gone
out in the world to manage hotels of
importance and met with surprising
success.
Most of the present employes are
stockholders in the Occidental or-
ganization which promotes an addi-
tional interest in their work and
makes them ambitious for the welfare
of the hotel.
Edward R. Swett had not the ad-
vantage of being born with a silver
spoon in his mouth, nor was he ever
the beneficiary in any legacies which
have enabled others to achieve great-
ness through the advantages derived
from ample capital. He is essentially
a self made man and as a dutiful and
faithful son contributed to the wel-
fare of his parents at an age when
most youths look for help from home.
Of his magnificent and command-
ing physique, I will not speak except
in so far as I have told him on num-
erous occasions that, were I endowed
with his wonderful personality, I
would commercialize it in my profes-
sion. He is: naturally of a retiring
disposition, devoting the most of his
time to hotel details, but possessing
the rare accomplishment of being
able to select such lieutenants as can
meet the public with a geniality which
is a necessary asset in hotel conduct.
Notwithstanding this seeming diffi-
dence on his part, his manner is most
attractive and his many qualities lov-
able.
His business associates swear by
his judgment, his friends worship him
for his fidelity and many kindnesses,
and in all municipal affairs his in-
fluence is most potent.
In 1921 Mr. Swett was deservedly
honored by election as President of
the Michigan State Hotel Associa-
tiom, on which occasion he stated
with emphasis that he “had rather be
the executive head of such a repre-
sentative body than to be President
of the United States.” His adminis-
tration brought honor, profit and
many new members to the Associa-
tion.
It was said of Mark Twain that
he “walked with kings.” “Ed.’ Swett
walks with men. Frank S. Verbeck.
FIRE TORNADO
BETTER INSURANCE
AT
LESS COST
During the year 1920 the companies operating through
The Mill Mutuals Agency
paid more than $4,000,000 in dividends to their policy
holders and $6,300.000 in losses.
How do they do it?
By INSPECTION and SELECTION
Cash Assets Over $20,000,000.00
We Combine
STRENGTH and ECONOMY
THE MILL MUTUALS
AGENCY
120 W. Ottawa St. Lansing, Michigan
Teller Hospital
296 South Gratiot Ave.
MOUNT CLEMENS, MICH.
For the Creatment of
Chronic Diseases
Rheumatism, Neuralgia, Neuritis, Bright’s Disease
and Diabetes
Oroficial Surgery, Including Rectal
PROSTATIC TROUBLE CURED WITHOUT THE KNIFE
High Blood Pressure and Other Reflex Troubles
Cured by the Teller Method
.
March 22, 1922
—
26 MICHIGAN TRADESMAN
|f 22 DRY GOODS, | : § Staples and Known Brands
° . §:
YD
fon
rs
CYGOODS* NOTI
ie
FUT
bli
ZONAL
Mie aay
3 , a YT H
Michigan Retail Dry Goods Association.
President—J. W. Knapp, Lansing.
First Vice-President—Geo. T. Bullen,
Albion.
Second Vice-President—H. G. Wesener,
Saginaw.
Secretary-Treasurer—Fred Cutler, Ionia.
Advantage of Working Other Peoples’
Ideas.
Written for the Tradesman.
The dry goods dealer ought to cul-
tivate the art of working other peo-
And this goes for the
In-
ples’ ideas.
small dealer as well as the large.
deed one may say that the soul of
merchandising genius is this: To take
over and use good ideas which have
been developed by other people.
Take, for instance, the admitted
lure of a common price—i. e. many
different commodities priced at the
same figure—as reflected in the popu-
larity of the red front 5 and 10 cent
stores and the increasing vogue of the
25 cent store. Here, surely, is a
phenomenon worthy of the careful
study of the dry goods dealer.
If there happens to be one of these
little 5 and 10 cent stores in your
town, or one of the somewhat less
frequent 25 cent stores, you, as well
as a good many other dealers in
other lines, are missing a great many
small sales. Small sales, in the ag-
gregate, make big totals. Have you
given this matter the really serious
attention which it merits?
It is absurd to say that the loss of
these small sales does not hurt your
business. It does hurt it. And as
the volume of these sales mounts up
year by year, it is going to hurt it
more and more. The thing to do is
not to blink facts, but to face them.
Here is a store—let us say a 5 and
10 cent store—occupying a large first
floor sales room, located on the most
populous shopping street of your
town. The room has literally scores
of tables and counters and compart-
ments of shelving back of the coun-
ters in which merchandise of various
kinds—all sorts of little useful com-
modities—are displayed in plain view.
They are grouped according to their
kind and their uses; and the price is
5 cents or 10 cents, as it may be.
These articles are of unequal value.
Some of them are cheap enough at
the price, others are manifestly not
so cheap. You have articles in stock
just as good, or better, which you
sell at the same price. Yet if you will
visit one of these little red front em-
poriums during the busy hours of the
day, you will likely find the aisles
thronged with shoppers. Cash regis-
ters all over the place are ringing up
the sales, and hour by hour the total
is mounting up.
Why the increasing popularity of
these little stores?
For one thing the large and com-
plete lines in itself constitutes an at-
tractive feature.
The careful stock arrangement con-
stitutes another strong point. Every-
thing is so accessible.
And all is in plain view.
This, of course, is the old argument
for display. If you want to create
wants—develop latent needs into ar-
ticulate calls—exhibit the merchan-
dise.
This is precisely what the 5 and 10
cent store does. Everywhere you
look there are loads and loads of
things, all for 5 cents or 10 cents.
People see this, that or something
else, and suddenly it occurs to them
that they needed some little something
or other. They buy it then and there.
It is a bang-up good idea, this idea
underlying the titanic development of
the 5 and 10 cent store proposition.
And my point is, let the dry goods
dealer take it over and develop into a
real competitor of the little red front
establishment with the familiar name.
You can do it.
How?
Well, start with a table—preferably
two or three tables—prominently lo-
cated towards the front, or maybe
near the center, of your sales room.
Devote one of these tables to 5 cent
commodities. You have a lot of them
when you come to think of it.
And another to 10 cent articles.
And another to 25 cent articles.
In the latter you could put, for in-
stance, children’s stockings, work
gloves, Turkish towels, ladies’ neck-
wear, gingham bib aprons, ladies’ lisle
hose, children’s button waists, ladies’
brassiers, remnants of yard goods,
such as seco silk, curtain scrims, mer-
cerized curtain marquisette, fancy
cretons, drapery madras, white lawn,
Indian linen, pajama checks, dimities,
beach cloth, etc, etc.
Have a big placard on the table an-
nouncing:
Anything on the table for 25 cents.
And be sure to make a good show-
ing at each table or counter. Have a
little of everything you have in stock
at the price, whether it be 5, 10 or
25 cents.
Show the folks who come into
your store that the little old red front
establishment hasn’t a thing on you.
The idea isn’t copyrighted. It is any-
body’s idea. Make it yours by using
it. Use it right there in your own
dry goods store in your own home
town. Frank Fenwick.
— 72s
Why She Quit.
“Why did the new girl in the ribbon
department quit?”
“The boss found out that her work
here interfered with her attendance at
the movies and her late night parties.”
During the past ten days our buyers have been in the
market and we now have either in stock or in transit the
newest and latest staple wanted merchandise for Spring,
including the well known brands which your trade wants.
This includes all kinds of Piece and Wash Goods for Spring,
Notions, Hosiery and Underwear, Men's Furnishing and
Ladies Ready-to-wear.
GRAND RAPIDS DRY GOODS CO.
Wholesale Only
aoa
price.
|\SUSPENDERS
How is your stock? Now is the time
to be well supplied. We can fill your
wants in any styles at practically any
Our assortment is complete.
IT
i ininiivic
| Quality Merchandise — Right Prices — Prompt Service |
ruiiniky
ifr
iy)
WHOLESALE DRY GOODS
} mM
Repeater
Adjustable.
PAUL STEKETEE & SONS
GRAND RAPIDS, MICH.
in all up-to-date
cloths and pat-
terns.
No broken sizes left in stock. From $15 to $21 per doz.
Daniel T. Pation & Company
Grand Rapids.Michigan - 59-63 Market Ave. N.W.
The Mens Furnishing Goods House of Michigan
A.
-
Harbor Springs, Michigan
Wants a Modern, Up-To-Date
DRY GOODS and CLOTHING STORE
Complete Lines and Good Assortments
To Care for Local and Resort Trade
Location Available
Address Chamber of Commerce
We are manufacturers of
Trimmed & Untrimmed HATS
for Ladies, Misses and Children,
especially adapted to the general
store trade. Trial order solicited.
CORL-KNOTT COMPANY,
Corner Commerce Ave. and
Island St..
Grand Rapids, Mich.
GRAND RAPIDS
KNITTING MILLS
Manufacturers
of
High Grade
Men’s Union Suits
at
Popular Prices
Write or Wire
Grand Rapids Knitting Mills
Grand Rapids, Mich.
\f
F<
}
i
4
¢
lemme
\f
March 22, 1922
MICHIGAN TRADESMAN
27
Good Checks and Bad Checks.
Lansing, March 21—Our members
will remember the trials we have
had with bad check artists, and judg-
ing from the reports which come to
this office frequently, I am of the
opinion that the following suggestions
regarding the issuing of checks will
not be out of place. These sugges-
tions come to us in the form of a
bulletin from the Lansing Credit Bu-
reau, doubtless copied by them from
some other bulletin. Such as they
are, we give them to our members
and I feel very certain that a careful
perusal of these suggestions will be
worth your while:
1. Do not write checks with a lead
pencil. To do this is the height of
carelessness.
2. Do not typewrite the amount
line of your checks. Always use acid-
proof ink.
3. Do not use a check with an
erasure on it. Banks are not obligat-
ed to know who made the changes.
4. Do not make checks payable to
cash or to bearer. Issue them pay-
able to “myself” which requires your
endorsement when cashing them.
Do not issue checks to stran-
gers in exchange for cash. Tell them
to buy postal money orders.
6. Do not cash checks for stran-
gers. This will stop traffic in stolen
checks.
7. Keep all check books and paid
checks in a locked compartment. Bur-
glars do not steal current numbered
checks. They extract blank checks
from the middle or the back of the
books.
8. Immediately upon receipt of
checks endorse them payable to your
bank.
9. Deposit in your bank account
all incoming checks. It is dangerous
o establish a precedent by cashing
them.
10. Start the written amount line
at the extreme left edge of the check
and write the words close together.
This method makes it impossible to
change the words or to add others.
11. Write the payee’s address on
the check whenever advisable. Such
checks should not be mailed in a
window envelope.
12. Write your checks on_ sensi-
tized paper. The difference in cost
is well spent.
13. Use the best style of mechan-
ical protection for writing the amount
line. Your banker will tell you the
best device.
14. Reconcile your bank account
at least once a month. Banks’ month-
ly statements demand this and your
protection makes it imperative.
15. If you make a mistake in writ-
ing your deposit slip, destroy it com-
pletely. Check artists often frequent
bank corridors to obtain sample sig-
natures.
16. Buy check and forgery insur-
ance. It completes the 100 per cent.
protection for check-users.
’ Jason E. Hammond,
Mgr. Mich. Retail Dry Goods Ass’n.
The Calendar
Publishing Co.
NOVELTIES
‘that are
Our line is complete
lasting—
and on display at
our office,
1229 Madison Ave.
GRAND RAPIDS
Citz. Phone 31040
PRICES CURRENT ON STAPLE DRY GOODS.
List prices corrected before going to
against changes.
Bleached Muslins.
Ante (20002 16%
Fruit of the Loom ~ 19%
Bravo 2... 15
Cabot. 16
44 in. Indian Hd. S.F. 26
Bie tis: 13
Lonsdole =......._.___. 18
Hope 2... a ae
36 in. Indian Head . 20
33 in. Indian Head ~ 18
54 in. Ind. Head L.F. 32
Unbleached Musiins.
Plaza
64 26 in
Black Hawk --------- 13
Giant --------------- 12%
40 in. Exposition _-.. 14%
40 in. 96A —__.____... 12%
Wide Sheetings.
Pepperell Unblea. Blea.
1024 63 58
—— 49 63
8-4 —_------- 44 49
4 __...---- 40 44
Pequot Unblea. Blea.
10-4 2 60 65
G26 22 a. 09 60
$4 50 65
1-4 os 44 50
Less 5 per cent.
Pillow Tubing.
12 in. Seneca ------- 32
45 in, Seneca ------- 34
42 in. Pepperell ---. 382%
45 in. Pepperell ---- 33%
36 in. Edwards ---.-
42 in. Indian Head — 80
42 in. Cabot —.__... 31%
45 in. Cabot -~------.- 33%
42 in. Pequot -----. 38
45 in. Pequot ------ 40
40 in. Quinebaug ---- 30
Denims, Drills and Ticks.
220 Blue Denim ---.
240 Blue Denim -... 17
260 Blue Denim ---. 16
Steifels Drill ---.. 17
8 oz. Canvas ------- 7
Armour, ACA _ Tick,
8 of. —.... oes
Cordis, ACA Tick -. 25
Warren Fancy Tick 35
Thorndyke Fy. Sat.
Amoskeag, ACA ----
Cambrics and Longcloths.
Berkley, 60 Cambric 21
Berkley, 60 Nainsook
Berkley 100 Nains’k 30
Old Glory, 60 Camb. 18%
Old Glory, 60 Nain. 18
Diamond Hill, Nain. 16
Diamond Hill, Camb. 16%
717 Longcloth ------
81 Longcloth ------ 16
84 Longcloth --..-- 17%
7001 Longcloth 15
7002 Longcloth 16
7003 Longcloth 19
7004 Longcloth 24
Ginghams.
Ae Co
Toile du Nord ------ 20
Red Rose ---------- 17%
Dan River -~--------- 17%
Everett Classics —- 15
Amoskeag Staples — 13
Haynes Staples ---- 13
Lowe Cheviots, 32 in. 15
Bates 32 in. ~------ 02%
Treffan 32 in. ----- 27%
B. M. C. Seersucker 18%
Kalburnie 32 in. -.-- 22%
Jacquelin, 32 in. --- 40
Gilbrae, 32 in. ------ 45
32 in. Tissue ------. 42
Manville Chambray — 16
Red Seal Zepheyr --- 18%
Prints and Percales.
Columbia, Darks -.. 16%
Columbia, Lt. Shorts 14
Columbia, Dk. Shorts in
Manchester’ 80x80 Lt. 18
press, but not guaranteed
42x36 Meadowbrook ~. 2 76
42x36 nox —..--... 3 00
42x36 Standard ~...... 3 i6
Wool Goods.
10% 36 in. Hamilton, Ail
Manchester 80x80 Dk. 19 Wool Storm Serge 57%
Scout, 64x60, Lights 14 No, 75, 60 in. Storm
Scout, 64x60, Darks., 165% O°") Ep inv Stern 87%
Shirtings --.---.-.-- 09 a Pl n. Storm 10
Reds -------------- - Wo 49 in. Juliiards Pla. 1 32%
50 in. Julliards Pla. 2 00
Outings and Cantons.
Cashmere Twill ---. 15
27 in. Unble. Canton 14
100 Flannelette —..-.. 12
1931 Outing bor, eto .
1921 Light Outings . 12
Applefieece Shaker .. 14
Scotchdown Shaker . 16:
Appledown Shaker -. 16
24 in. White Shaker 11
26 in. White Shaker 12
Daisy Cloth --...--. 16
1931 Dark Outings ~ 15
Draperies and Cretonnes.
Hamilton Twill -.... 16
Dresden Fy. Drapery 138
Tudor F’cy Drapery 20
Nu Drape --.------ a Oe
Westmoreland Creto. 16
Fancy Silkoline ~....
Stratford Cretonne.. 16
3544 D. B. Scrim ----
8177 Curtain Net --. 36
8342 Curtain Net -..
4039 Marquisette -.... 20
Dragon Drapery --.. 30
36 in. Art Cretonne.. 26
36 in. Blco Tapestry. 30
Linings and Cambrics.
Tico D Satine .-.... 30
No. 40 Blk. Satine ~ 16%
No. 1 White Satine . 14%
No. 50 Percaline --.
DD Black Satine ~. 25
Satin Finished Satine 42%
Raidant Bloomer Sat.
36 in. Printed Satine 60
Windsor Cambric --. 09
Parkwood Wash Sat. 67%
6120, 50 in. French
erge
erge
o2is, = 60 in.
Gree -20 0
56 in. Silvertone
Coati
ne oo 0
D RN Tricotine -. 1 65
Carpet Warp.
Peerless, White 42
Peerless, Colors -_...- 48
Diaper Cloth.
Te Oe oo ere A oe
20 He oo eae
an in, 2 LEU
ta ee
oe -- 1 60
16% 30 im, Ld ae
Blankets,
Nashua Cotton Felted.
5 4 W. T. - 60
4x74, G. . ooo
62% 60x76. G. W. T. ___._. 1 65
64x76, G. W. T. _----- 1 60
éaxn6, G. W. T. 2 00
72x80, G. W. T. _-_-_.. 3 15
72x84, G. W. T. _-_-.. 3 80
Catlin Cotton Felted.
54n764, G. W. Tk. .... 1
60x76, G. < be su Laat
60x80, G. <2. Bee
16% 64x76, G. W. T. _--- 1.60
64x80, G. W. T. -... 1.60
4 70x80, G. W. T. ___ 1.90
z
” "Notions,
Doz.
1225-F Boston Garters 3 25
Rubber Fly Swatters 90
Meritas Oli Cloth. Per M
5-4 White -.._-- __. 3.25 Roberts Needles ...._ 2 60
5-4 Mossaics es 319 Stork Needles ra te
5- ue igure 3.29 r x
6-4 White . iz, Steel Pins, S. C. 300 42%
4-4 Fancy —. “7 gio Steel Pins, M. C. 300 4
6-4 Sanitas (0 3.50 — Pins, S. C. 300 75
All oil cloth sold net cash, rass Pins, M. C. 300 85
no discount.
Flags. Doz.
16x24 in, Spearheads 1 ee
18x30 in. Spearheads 1 9
24x36 in. Spearheads 2 95
ke
3x5 ft. Reliance Prt. 7
4x6 ft. Reliance Prt. 1 30
5x8 ft. Reliance Prt.
6x9 ft. Reliance Prt. 2 90
8x12 ft. Reliance Prt. 4 25
4x6 ft. Defiance Swd. 2 00
5x8 ft. Defiance Swd. 2 76
6x9 ft. Defiance Swd. 3 60
8x12 ft. Defiance Swd. 5 20
10x15 ft. Defiance Swd 8 00
6x9 ft. Sterling Wool 7 50
8x12 ft. Sterling Wool 11 50
Gross
No. 7 Muslin Flags — 7 20
Sheets and Pillow Cases.
63x90 Pequot Blea... 15 85
63x99 Pequot Blea... 17 36
72x90 Pequot Blea... 17 35
72x99 Pequot Blea. 19 00
81x90 Pequot Blea... 18 85
gs 5%
81x90 Standard -..... 16 00
42x38 Utica Cases.
42x36 Pequot Plain — 4 32
45x36 Pequot Plain -. 4 66
42x36 Pequot S. S. — 5 82
Coats
Thread
meee
Clarks Mile-End Td. 59
J. J. Clarks Thread. 56
Gainsborough Hairnets
j~ MGR oo 1 00
Gainsborough Hairnets
Mesh
Per Box
75
R. M. C. Crochet Cot.
B-4 Clarks Crochet C. 90
Silkine Crochet Cotton 90
Sansilk Crochet Cot. 55
Dexters’ Knitting
Cotton,
White —--_.. 1 60
Dexter’s Knitting
Cotton, Blk., col’d.. 1 75
Allies’
Yarn, bundle. 6 60
Pound
Fleishers Knitted
Worsted, skeins -.. 2 30
Fleishers Spanish
Worsted, balls
=. 2 60
Fleishers Germantown
Zeph
vr. Dalie .. 8 3 70
Fleishers Saxony, ba. 3 70
Fleishers Knitted
Worsted, balls _--. 2 60
Fleishers Scotch &
Heather, balls -_-. 2 90
415
Ironweave Handkfs.... 90
Rit Dye Soap ------.. —.
Wolverine Dmesh Co
Columbia, Lights -. 15 45x36 Pequot S. S. — 6 56 Mit
Less 5%
Ladies’ Underwear. Ladies’ 220 needle combed yarn
Vellastic Fleeced union suits,
hose, seamed
Ladies’ 220 needle merc. hose with
back
es 2 50
oe doce, ee oe 16 oo 440 needle rib. top fashion seam
Fleeced vests and pants, Vests in back ---------------------------
Ss Pe a Reg Ladies’ fleeced hose. hem top ------ 2 26
eT tte ~~ — . bess : = Ladies’ fleeced hose, rib. top ------ 3 00
3, AL open or cl Ladies’ fleeced hose, rib. top ------ 3 25
Pants, AL open or closed Reg. Si. 8 26
Si: 9 00
Ex. nen
Union suits, 11 pound ri
DN-ES or LN-NS, Reg. Sizes — 10 00
x Sixes 2 Ee
Men’s Underwear.
hose
Hoslery—Men’s.
Men’s 176 Needle Cotton Cut Toe $1 00
Men’s 200 needle full combed
yarn
3 15
Hanes shirts and drawers -~—----
Hanes union suits .._----__----... 14 00
Black Label High Rock shirts and
drawers: —...__..___.______... 8 60
00
Red Label High Rock shirts and
drawer ee
Black Label High Rock union suits 16 00
Red Label High Rock union suits 16 50
14 pound combed union suit. with
Cooper collarette ~~-----—-_-__-_--.. 15 00
Heavy all wool union suit --_...
18 pound part wool union suit —. 18 00
Hosiery—Misses and Ladies.
Misses 300 needle combed hose,
bxd. 1 doz. $2.25 on 7 rise 10 fall
Boys’ 3 lbs. on 9, extra clean yarn
on 8 (R10F5)
eee eee eooeore=
Men’s 220 needle full merc. hose — 2 50
Men’s 240 needle fiber silk hose ~~ 4 50
Men’s pure silk hose -~----..----- _. 6 00
Nelson’s Rockford socks, bdls. — 1 20
Nelson’s Rockford socks, bdls. .-.. 1 30
Nelson’s Rockford socks, bdls. 1 60
infants Hosiery.
Cashmere, Silk Heel and Toe,
60 per cent. Wool
Infants’ Mercerized 1x1 Rib ~-------
Infants’ Fibre and Wool Hose ------ 6 60
Boys’, Misses and_ Ladies’ Hoslery.
Misses 1x1 Cotton Ribbed Hose
2x1 Cott Sided "Ex a7
Boys’ 2x on ‘ose
$2.25 on 8 R. 10c, F. 6c
Men’s Sweaters.
Heavy all wool rope or shaker knit
CE i eee _. 4 00
Wool slip overs for men (respun)-_. 2 50
Men's fashioned all wool shakers -. & 00
Men’s % Cardigan stitch, according
to quality, each ~----..-.. 3 00 to 4 50
Ladies’ Sweaters.
Style entering into price, it is impossible
to give specific quotations, but sweaters
that may readily be sold can be had in
a variety of styles and combinations from
$3.00 to $5.00 each.
Bathing Suits for Spring Delivery.
Men’s all pure worsted, plain ~.-. 22 50
Men's all pure worsted with chest
atripes ........._____....-.-.. 27 00 to 33 00
Ladies’ all pure worsted, plain ~-. 26 00
Ladies’ all pure worsted striped and
color combinations 27 00 up
Athletic Underwear For Spring.
B.V.D.’s, No.01, Men’s union suits 12 62%
Seal Pax, No. 10, union suits ~. 10 60
Men’s 72x80 Nainsooks, may be
hed at 7 25 to 9 00
Men’s Soisettes, highly mercerized
a
Men’s No. 150 “Hallmark”
72x80
Namsook ....... $
Men’s 64x60 Nainsooks -.~------- 6 60
Men’s 84 Square Nainsooks --.. 9 00
Men’s Fancy Nainsooks --....... 8 76
Wide and Medium Stripes.
B. V. D. Shirts and Drawers,
Shiste 2 -- 6 87%
Deawers = ...........- 7 25
B. V. D. Athletic Style No. U-101 12 62%
U-D Youth’s B. V. D. -............... 8 50
Boys’ ‘‘Hanes’’ No. 756, 72x80,
Nainsook Union Suits ~...-----. 7 25
Boys’ ‘‘Hanes’’ No. 856, 72x80,
Ce ee Se ance eee 6 25
Boys’ 64x60 Union Suits --.---.-- 5 00
Boys’ 72x80 Union Suits ------..- 6 25
Men’s and Boys’ Cotton Underwear for
Spring.
Men’s Egypt Balbriggan Shirts
and Drawer 4 60
Men’s Egypt Balbriggan Union
Suits 7 60
Men’s Egypt Ribbed Union Suits 8 00
Lawrence Balbriggan Shirts and
eect 7 50
Men’s Cotton Ribbed Union
Suits, Egyption —................ 8 50
Men’s Combed Yarn Cotton Union
Suite, Hayotion —......._.. 12 00
Boys’ Balbriggan Union Suits,
Kyzypt 4 50
jen’s Dress Furnishings.
Slideweil collars, linen or soft -... 1 60
Neckwear 2 10, 3 75, 4 50, 6 00, 7 50 9 00
Flannel night shirts -~...--.------- 10 50
Presa pants —.. 2. 22 50 to 48 00
Muniera 2. 12 00 to 19 60
Press shirts. ............... 8 00 to 48 00
Laundered stiff cuff shirts, 80 sq.
percale ...--.. nen 16 50
President and Shirley suspenders -. 4 50
Men’s Work Furnishings.
Machina we: ......256c5eesen ee 7 00 to 15 00
Duck coata i... 3 00
Sheep coate .....--...---. 7 00 to 12 50
No. 220 overalls or jackets ~.------ 12 00
No. 240 overalls or jackets —-~--.- _ 10 00
No. 260 overalls or jackets ~..--.. 8 87%
Stiefel rope stripe, Wabash stripe
Club or Spade overall or jacket,
2 seam, triple stitched ~..-.--... 13 50
Coverall Khaki ........_.............._ 24 00
Cottonade pants -..------- 16 50 to 21 00
Black sateen work shirts ~~~... 8
‘7
Nugget blue chambray work shirts 8 &
Golden Rule work shirts ~--..-..... 7 50
Piece dyed work shirts ~-..-~--~-~--
Best Quality work shirts -. 9 00 to 13 50
Cherry Valley flannel shirts ~----- 23 50
Buffalo flannel shirts -~......----.- 39 00
Domet flannel shirts --..--...----- 8 75
Standard flannel shirts --.-. 22 00
Harding flannel shirts ---------. 19 87
Work suspenders --~-~-.-.--...-.---
Shirley Police or X Back work Sus. 4 50
Boys’ Furnishings.
Knickerbockers --..-------- 6 00 to 15 00
Mackinaws 425 to 8 50
Overalls, Brownies, etc. -. 6 50 to 9 00
Youths’ Wabash stripe overall ~. 10 26
Coverall 16 50
Standard flannel shirts ~-.......... 16 560
68x72 dress shirts .—................_...
Caps and Umbrellas.
Black sateen shop cap, doz. ——--- oo
Dress caps, men’s, doz. — 7 60 to 19 60
Dress caps, boys’, doz. .-.. 7 25 to 10 26
Men’s & Ladies’ Umbrellas 10 50 to 48 00
Ladies’ Furnishings.
Middy Blouses, red, green, or navy
wool flannel, each -.-....--..... 4 00
Serge middy blouses, Se
Voile waists, doz. -..--.-- 9 00 to 16 00
Georgette waists, each .----.--. 4 00
Crepe De Chine we'.sts, each —.. 3 25
Tricollette waists,