’ Fe dc LCE e we? RAPIDS wf 8 Ad Me = 4 bad MALrIDS I. PSE PIPDADY Bisa fe | sts Bo aA bP Re Aa lj a . PEIRCE A LETS . a , . OWS SZ NE NK Ea dy: BE ea ONS pe a) LEO aN aa x 29 ACE | ADE Oana aN Ao aE OE ACI eS, VEAUIN Ps epee [Sd Mee SNE OG NUNC EY EE NM cc LS CePUBLISHED WEEKLY Gas TRADESMAN COMPANY, PUBLISHERSR—- a ) SOLES, SR ONL TSO SOC PDD REE OOO UNS ey Forty-fifth Year GRAND RAPIDS, WEDNESDAY, FEBRUARY 15, 1928 Number 2317 - : i ‘ , é bs Walking in the Way e To hold the faith when all seems dark, to | keep of good courage when failure follows fail- | a ure, to cherish hope when its promise is faintly whispered,to bear without complaint the heavy burdens that must be borne, to be cheerful whatever comes, to preserve high ideals, to trust > unfalteringly that well-being follows well- | doing: this is the Way of Life. To be modest in desires, to enjoy simple pleasures, to be earnest, to be true, to be kind- ly, to be reasonably patient and everlastingly at 4 ‘ persistent, to be considerate, to be at least just, ) to be helpful, to be loving; this is Walking in the Way. Charles A. Murdock ; ‘y SEMDAC LIQUID GLOSS - “and DEALER PROFITS a on 2 a ®t. a 4 For many years, Semdac Liquid Gloss has given most satisfactory results when used for renewing the lustre and enhancing the appearance of use-dulled furniture and woodwork. 7 + af. 7 SEMDAG UIQUID{GLOSS : And for as many years, this improved cleaner and polish has been displayed by an increasing number of Michigan dealers. For Semdac Liquid Gloss moves quickly and offers a greater profit than many other polishes. Semdac Liquid Gloss has stood the test ot years. It has seen other polishes come and go. Dealers throughout Michigan recognize this product as a popular leader in Lye: its field. eaaieinial ’ You can increase your business by displaying Semdac [& | Liquid Gloss on your shelves and in the window. Such a display usually furnishes just the needed reminder for rare your customers to buy now. Order your supply of Semdac a Liquid Gloss now --- from your jobber or direct from us. REPOS at th not SEMDAC AUTO POLISH EMDAC AUTO POLISH removes smoke film, grime and rain spots with least effort, j and restores the maximum lustre to lacquered, enameled and varnished surfaces. = Semdac Auto Polish is easy to apply. It works , quickly. It gives a brilliant lustre. 7 Sold in pint and quart bottles. Look for the red and blue package. STANDARD OIL COMPANY [INDIANA | 910 SOUTH MICHIGAN AVENUE CHICAGO, ILLINOIS ° * . ° a re > ee on ° ‘ ’ ~& ’ Yen Demme ro - ee ‘ ’ ome ay “a 7 si mi ee) Nig =) SET OE Sem GRAND RAPIN Frond? Forty-fifth Year MICHIGAN TRADESMAN E. A. Stowe, Editor PUBLISHED WEEKLY by Tradesman Company, from its office the Barnhart Building, Grand Rapids. UNLIKE ANY OTHER PAPER. Frank, free and fearless for the good that we can do. Each issue com- plete in itself. DEVOTED TO the best interests of business men, SUBSCRIPTION RATES are as follows: $3 per year, if paid strictly in advance. $4 per year if not paid in advance. Canadian subscription, $4.04 per year, payable invariably in advance. Sample copies 10 cents each. Extra copies of current issues, 10 cents; issues a month or more old, 15 cents; issues a year or more old, 25 cents; issues five years or more old 50 cents. Entered September 23, 1883, at the Postoffice of Grand Rapids as second class matter under Act of March 3, 1879. Gabby Gleanings From Grand Rapids. Grand Rapids, Feb. 14—Berton W. Rockwell, assistant manager of the Kresge store in Kansas City, Mo., and the son of Allen F. Rockwell, Secre- tary of Grand Rapids ‘Council, is in the city with his wife for about a month visiting his father and mother. While here Mr. Rockwell is going to have his nose and throat treated by their family doctor. Harry C. Hoag, formerly in business in Lowell, is now representing the Elam Papeterie Co., of Vicksburg, Mich., manufacturers of fine stationery, in Michigan and Ohio. The dancing and card party given in the English room of the Rowe Hotel Feb. 11, was a decided success, about 125 couples attending. There were about 100 prizes given away and a very good time was enjoyed by all present. Two candidates were taken into Grand Rapids Council Saturday eve- ning, Feb. 4, Roy E. Bellaire, sales- manager for Boss & Bellaire, and Jos. Neuhauser, selling Mulehide roofing. Preparations for the annual banquet of Grand Rapids Council, to be held at the Pantlind Hotel Saturday evening, March 3, are going forward very rap- idly. ‘The tickets are being sold very rapidly and those members who ex- nect to enjoy this banquet are advised to make arrangements for their tickets beforehand and not wait until the night of the banquet and ball, as they are very liable to be disappointed. Ar- rangements have been made to enter- tain 400 guests and when that number of tickets are sold no more will be available. The banquet this year will start at 6:30 sharp. During the ban- quet guests will be entertained by Bert Hogan, the Dutch comedian, Marion Lypps, daughter of Walter Lypps, who will give several beautiful dances, and the U. ‘C. T. male quartette. Claude Goldner will lead the community sing- ing during the banquet. Each ticket sold will have a coupon attached and immediately after the banquet, while the floor is being cleared for dancing, over 200 prizes will be awarded to the holders of the lucky coupons. The committee have promised to have a 3peaker of National importance, but will not disclose his name, as they want this part of the program to be a com- plete surprise. Caskey’s orchestra will furnish the music for the ball. The committee are as follows: Clarence J. Farley, chairman; Clarence C. Myers, Walter C. Lypps., Harry C. ‘Coleman. At a recent meeting of the Grand Rapids Salesmen’s Club, Mr. Homer R. Bradfield, who has been secretary since the club started, made his annual report and in connection with this read a supplementary report which was so good that we believe it will warrant giving it in full as follows: This club was born on Jan. 21, 1922. It has functioned regularly: ever since. It is well known throughout this com- munity as a live organization. We are listed among the active clubs of the city and our help and co-operation is ofttimes solicited by the different wel- fare and philanthropic organizations. So well known and established as a going concern is this club that em- ployers of salesmen often write the club offering positions, large industrial concerns and manufacturers are offer- ing their own specially trained speak- ers to the club. Transportation com- panies are soliciting patronage from our organization. Many of our mem- bers are individually connected with and represent the largest institutions of their kind in the world and they admit it and boast of it, and yet they treasure and hold in high regard their mem- bership in this club. Verily we have from an infant grown until now we are six years of age and rapidly coming into our own. The lines sold by the members of this club run from cigarettes to camels, from printing to Kelly presses, from service to salad dressings, from lum- ber to lip sticks, from cosmetics to cocoanuts, from candy to cathartics, and so on ad infinitum. We are in fact a cosmopolitan ag- gregation. We are the only noonday luncheon club in the city which not only welcomes the ladies with open arms at all our meetings, but takes them into active membership with us. Verily, verily, we are setting the pace for all other clubs of this city and community in seeking education and advancement along, not only the lines of salesmanship but good citizenship as well. This is attested to by the caliber of speakers and entertainment we secure for our meetings with their inspirational, educational and enlight- ening talks and addresses. Our aim is high and our marksmanship is good. Twenty-seven meetings were held dur'ng this last club year and at twenty different meetings a high grade ad- dress was delivered. The other meet- ings were taken up with other forms of entertainment with a little business mixed in. The officers of this club in their speeches of acceptance pledged their loyalty and best efforts to the club during the coming year and your sec- retary, speaking for himself and the other officers, asks for and expects the continued loyalty and wholehearted support of each and every member of this club during this coming year, in order that we all may have not only Dieasure but profit therefrom. Over three hundred people attended the ‘Old Settler’s annual banquet given at the Pantlind Hotel Monday evening, Feb. 13. During the banquet old time songs were sung and after the banquet Captain Belknap introduced the daugh- ter of Henry Pennoyer, a pioneer who settled in Ottawa county in the early ‘50s and who later moved to Newaygo county and was very active in settling that county. This daughter presented to the Old Settlers’ Association a solid silver cake basket, which had been pre- sented to her father in appreciation of his activities, upon which was inscribed not only his name, but the names of several other men who had been GRAND RAPIDS, WEDNESDAY, FEBRUARY 15, 1928 Pioneers in this section of the State. Bishop McCormick and several other people spoke and all recailed the earlier days. Dancing was then en- joyed until nearly midnight. Frank C. Heineman, of St. Johns, has engzaved to cover the Thumb dis- trict for Chas. G. Graham & Co. Mr. He neman has been employed the past three years in the department store of Fred C. Burk, at St. Johns. Five years previously he was on the road in the Thumb country for Carson, Pirie, Scott & Co., of Chicago. He will make his headquarters at St. Johns. Frank Gerber, President of the Fre- mont Canning Co., sailed from New York Saturday for Northern Africa, accompanied by his wife. They will take a tr-p into the desert and visit other Mediterranean points, returning home via Paris, where they will spend several weeks. They expect to be home about June 1. — >>> ____ Di-agrees With President Bailey on Co-operative Buying. Port Huron, Feb. 13—I would be pleased to have any independent re- tail merchant send me answers to the problems which confront the retailer to whom I allude in the following. I would not have the worthy president think that I take exception to his ideas expressed n the Tradesman of Jan. 11, 1928, just for the sake of argument, or that I know better or more than any other retailer, but more to enlighten myself in the matter of being able to pay more money for stock to sell at the same price as competitors. It cer- tainly sounds ,ne to say, Iam going to forget competition, pay regular prices, get regular profits, depend on personal acquaintance, friendship or personality t- hold trade. Just how long would the average retailer last? I and every other independent retailer realize the necessity of a wholesale distributing company, ‘but why should we pay all the profits to the wholesaler when he himself offers all local chain stores discounts on the merchandise they buy? It is possible for a man in business who has trade large enough to buy twenty-five or fifty cases of any com- modity to take the stand of forgetting competition, but let a small buyer try to exist on buying ane case at a time and pay list price. I do not blame the wholesaler alone for the present state of affairs. The manufacturers are also to blame. They are taking their brands out of the regular channels and selling large chain stores and large buyers direct, giving them advantages over the small- er store, and unless co-operative buy- ing is established or the retailer can compel the manufacturer to discon- tinue said prices, I can see little hope of forgetting competition, and unless Congress enacts laws permitting manu- facturers to maintain prices on their commodities, giving everyone the right to live and let live, I see no solution of the problem, save that the inde- pendents band together, not only in cities, but in whole districts. Under a State-wide association they can fight fire with fire. The chain stores are losing ground every day. The neces- sity of establishing stores in every dis- trict, many of ‘which are operated at a loss, is causing no end of financial trouble to them, and by the individual Number 2317 being placed on an equal footing there is no reason why he cannot hold his own. How can vou or I pay one case price on commodities and sell com- petitive to jobbing prices? Twenty-five Years a Retail Grocer. a ge Topics From Traverse City. Traverse City, Feb. 14—Dr. Dick Way has returned from a month’s visit with friends at Los Angeles. He was accompanied by his wife. _Fred Dewey, of Big Rapids, is in the city in the interests of the New Era Association, of Grand Rapids. He is taking up the old style certificates and exchanging them for the new style policies, containing all the desirable features of the old line policies, besides several new ones. He is meeting with great success. The daughter of Mr. Heater, local manager of the Penny store, who was operated on for appendicitis at the James Decker Munson Hospital, re- covered irom her operation sufficiently to be able to be removed to her home on S xth street Sundav. A. W. Bartak, one of Traverse City’s pioneer merchants, is confined to his home by iliness. All of the merchants of the city were very busy last Saturday and. the “Heart of Nature’s Playground” had a very holiday appearance on_ the streets. Fred G. Heumann, who has conduct- ed a merchant tailoring shop on Cass street for over thirty-five vears, takes a keen interest in things Masonic. He is a 32d degree Mason and belongs to the various branches of the order. Masonry is his hobby and he has a host of friends. Dr. E. B. Minor, of the firm of Drs. Way & Minor, leaves Feb. 20, ac- companied by Mrs. Minor and son, Donald, for an extended tour. They stop at State College, Lansing, to pick up the daughter, Miss Asenith Minor, who is a student there. They are mak- ing the trip entirely by auto, stopping over at Niagara Falls en route to New York City, where they embark on a Cvnard line steamer for a cruise in the West Indies, touching at Venezuela and Panama and visiting the Bahama Islands on their return. The trip will take about four weeks. Charles H. Coy. —_>-+___ Solution of Farm Labor Problem Is Believed Near. Largo, Fla.. Feb. 10—What may prove to be the long-sought solution to the growing problem of how to keen the farm population from migrating to the cities and taking up the urban life to the consequent detriment of our country’s produce industry, presented itself to the students of agriculture at the fair recently held in this city. In the county farmerette beauty contest held in connection with the fair the cup was won by Miss Mildred Allen, St. Petersburg high school girl. Miss Allen was garbed in abbreviated silk overalls, while her competitors wore the conventional blue denims. —_+-.__ Four New Readers of the Tradesman. The fol owing new subscriptions have been received during the past week: Grover’s Coffee Stores, Detroit. Charles C. Blair, Grand Rapids. L. A. Rose Market, Inc., Detroit. Hotel Divine, Portland. SUDDON SUMMONS. Dr. Willard M. Burleson, the Eminent Rectal Specialist. Dr. W. M. Burleson died Monday noon at his home on Plymouth Boule- vard. He had not been feeling well for some weeks, but attended to his office work as usual up to the end of last week. Sunday he drove about the city with his wife. Monday morning he could not be awakened by his wife and medical assistance was immediate- ly invoked. The cause of death was attributed to dilation of the heart. The funeral will be held at the Baptist church Thursday afternoon under the auspices of the Knights Templar. Willard M. Burleson was born in Saginaw, March 20, 1868. His father was of Welch descent, the original family of Burlesons having emigrated to this country in 1635. Mr. Burleson’s mother was of Scotch and Irish descent she having been the daughter of the late Dr. Spaulding, who was an early practitioner ijn this city. When he was 6 years old the family moved to a farm four miles North of Ovid, where Willard remained until he was 14 years of age. He then went back to Sag- inaw and worked his way unaided through the public schools. On the completion of his school course he en- listed as a regular in the U. S. Army, being a member of the Sixth Cavalry, which was then commanded by Gen- eral Pershing. He served one year at Fort Bayard and three years at Fort Union, spending the remaining year in Dakota, taking part in the campaign against the Indians which culminated in the death of Sitting Bull. While he Was in the service he rose to the rank of Sergeant and was recommended for the position of Second Lieutenant. On the completion of his five year term of enlistment, in May, 1891, he was dis- charged from the service and returned to Saginaw where he took a business course at a local commercial college. His first employment was with Wickes Bros., boiler manufacturers, where he conducted the correspondence con- cerning the sale of the boilers for the office and apartment building which he purchased for his business eighteen years later. In 1896 he entered the Saginaw Valley Medical College. On receiving his diploma in 1899, he came to Grand Rapids, locating at 147 South Division street, entering in general practice. He took up the study of medicine with the idea of making a specialty of rectal troubles, but felt that it would be an advantage to him to engage in general practice for a time. In 1902 he gave up his practice and de- voted his entire attention from that time on to the profession he had se- lected for his life work. He opened offices over the Grand Rapids Savings Bank, where he remained nine years, when he removed to the battery of buildings purchased by him for the use of his business in 1911. The year he started in business as a specialist he treated about fifty cases. In 1915 he treated over 3,000 cases. His treat- ment was non-surgical, mild and effec- tive and is accomplished by means of electricity. No institution in the city has given Grand Rapids a wider repu- tation all over the world than the MICHIGAN TRADESMAN Burleson Institute, which attracts pa- tients from Egypt, Australia, Siberia and nearly every country on the face of the globe. Dr. Burleson’s practice has been to make his charges the same in all cases. It goes without saying that a great part of his work was of a charitable nature. No one was ever permitted to suffer if he could be re- lieved by Dr. Burleson because he was not financially able to meet the ex- pense of the necessary treatment. Dr. Burleson put three of his brothers through college. Two of them were associated with him in the business, which will be continued with- out interruption. In 1911 Dr. Burleson and his as- sociates purchased the two down-town apartment buildings previously known as the Wellington Flats. This course was rendered necessary in order to provide ample and adequate accommo- dation for the patients of the Burle- wes a Mason up to the 32d degree and an Elk. He has no other fraternal affiliations. : Dr.- Burleson had three hobbies: fishing, hunting and automobiling. He was one of the most expert trout and bass anglers in the country and had a National reputation as a hunter of big game, such as elk and moose. Dr. Burleson attributed his success to the certainty of cure in practically every case and to the fact that his pa- tients invariably became his personal friends and pluggers. He always pro- ceeded on the theory that a satisfied customer is the best kind of a customer and no one was ever turned away from the institution feeling that he was not completely cured. No money was ever taken from a patient who could not be permanently cured. In many cases un- expected complications developed as the treatment progressed, but in no case was the patient asked to con- Dr. Willard M. Burleson. son institution. If all the patients of Dr. Burleson were local people, they could take the treatment and live at home, but transients, of course, have to establish a local habitation and Dr. 3urleson found it much more con- venient for all concerned to have them located near him, where they could be under the constant supervision of the 3urleson operators, as to habits, treat- ment and diet. These buildings were entirely refitted and converted into a homelike hotel which afforded the Burleson patrons all the comforts and convenience of a modern home. Last fall the institution was moved to the upper floors of the Morton Ho- tel, which enabled the operators to de- vote their entire time to the treatment of their patients. Dr. Burleson was married August 21, 1900, to Miss Mary C. Comstock. They had a daughter, now married. The family reside in their own home on Plymouth Boulevard. Dr. Burleson was a member of the Fountain Street Baptist church. He tribute any more money than he agreed to pay at the beginning. Personally, Dr. Burleson was one of the most companionable of men. He was a wide reader and an interesting He was thoroughly with the history of our own times, as well as ancient lore, and his opinion on historical matters was highly regarded by those who know how deeply he delved into the subject. He was suave in manner and courteous in his dealings with everyone. He never intentionally gave offense and never made an enemy unnecessarily. His charities were broad and practical and his dealings with his friends and business associates were always mark- ed by fairness and justice. He had a hearty contempt for cant and hypoc- risy and his keen mind enabled him to instantly detect the bogus from the genuine. Few men_ started at the bottom of the ladder and attained the pinnacle of success and retained their poise as completely as Dr. Burleson succeeded in doing. conversationalist. conversant February 15, 1928 THE INDIVIDUAL BENT. Students Too Often Restrained From Freedom of Action. “T don’t want to be in the spelling class any more,” said little Charlie Garfield, a boy of seven, to Miss Hall, his teacher. “Why, what’s the trouble?” “I’m always at the foot of the class. I never can learn to spell. I’m dis- couraged.” “Well Charlie, maybe spelling isn’t your forte. What would you like to do in place of it?” “Let me wr-te something—write a story.” “Very well; but come into the spell- ing class once more. I will not ask you to spell anything.” Later, the spelling class was called; a dozen boys and girls responded and, sure enough, Charlie was at the foot. The teacher said, “Children, we will not have the spelling lesson to-day. I will tell you a story. All be seated and listen to every word I say.” A short story was graphically told and the teacher said, “I want you to write down this story the best you know how for to-morrow, and use only the words you find in the first five pages in your spelling book. Your work will be marked by your handwriting and the perfection of the way you te:l the story. Hand in your stories to-night.” The next day when the class was called, the teacher said she was quite proud of the work, but she was troubled in marking one story. Charlie Garfield's writing was the best, and he had told the story the best of any one, but he had misspélled ten words. “But you didn’t say anything about spelling when you gave us the lesson,” piped out a small voice from the foot of the class. “Yes,” responded the teacher, “That is what troubles me, and I am going to leave to the class what I ought to do.” A bright, black eyed girl held up her hand to be recognized. “Well, Sara, what have you to say?” “Didn’t you say ‘Charlie spelled ten words wrong, and if so, those words were not in the first five pages of the speller and his story ought thrown out.” The teacher said the point was well taken and ‘Charlie's story could not compete. He was greatly humiliated and shed many bitter tears. However, Miss Hall had a session with him, the result of which was that he saw the great importance of correct spelling, never objecting again to doing his work in this class, and conquered his weakness. This incident from my boyhood made a deep impression upon me as an illustration of diplomacy in handling a belligerent and discouraged child. Eleven years later, I was in the schoolroom as a teacher in charge of eighty pupils, ranging from five to seventeen years of age, and the work covering the range of learning A. B. C’s to conning equations in Algebra. It was a country school, and the job was anything but attractive. For- tunately, it was a summer term and there was the great out-of-doors to help, and my early lesson in diplomacy was mighty useful. In a number of to be 4 » ¥ 44 ¢ a ¥ - ae Ey -* “ > ¥. « ~~, - February 15, 1928 MICHIGAN TRADESMAN ° 3 instances, instead of antagonizing the pupils who were dull and discouraged, I sought something they liked to do, to divert them from their lack of con- fidence. One boy of five could not learn to distinguish the letters of the alphabet. I sent him out to hunt different kinds of leaves, and in his reports I found he knew more kinds of oaks than I, and acting upon his suggestion, I gave him plenty of work he liked to do, and at the end of the term, he could identify every tree in the school dis- trict, which was infinitely more valu- able to him than to name the units of the alphabet. I speak advisedly, be- cause he made a successful farmer and became an oracle in his neighborhood concerning nature things. He has often told me he learned to read be- cause he wanted to know more about the things he observed during this term of school. Compelled, as I was, to drive these children out of doors to maintain the interest in school, I builded better than I knew in awakening a desire to know about all the out-of-door things. I am often reminded of the success of this adventure by men and women who re- call to me the incidents of that term of rural school, from which they date the beginning of interesting achieve- ments. It was the year after this experience that I decided to go to college. My immaturity of judgment is illustrated by my feeling that I could not afford to give four years to college life. I must get to work at some remunerative occupation. I confided in the principal of the high school and showed him the catalogue of the Michigan Agricultural College, accompanied by this state- ment: “Mr. Daniels, I want to go to college and enter as far in advance as possible. You know my work in high school, which has not been completed. Will you coach me for examinations, in the two months I have, and help me in my ambition?” He smiled and said, “Tt is a fool thing for you to do. You should know that time in colfege is not wasted in preparation for life work. Take your four years and have the best time in your life. However, I know you too well to even dream that you will take this advice and I am go- ing to have a lot of fun stuffing you for college examinations, but you will have the most strenuous two months you have ever experienced or perhaps ever will experience. Go to it and I will guide you.” I have made a lot of blunders in judgment, but this was the acme of stupendous folly. It was an immediate success, for I creditably passed ex- aminations in two years of college work. But all this stuffing was of no value. I could not understand that the incidentals of college life were of far more value than the curriculum. In mingling with my fellow students and becoming acquainted with my profes- sors, I soon learned how little technical examinations meant; how much there was to get in college life for which there were no examinations, and so I determined to take another year in this work of absorption. I do not know if there is any record of those entrance examinations, but I do know, as a revelation of attainment, they are absolutely meaningless. Mr. Daniels often recalled this experience during our long friendship and said it was a triumph of his skill in using his knowledge of college examinations for a definite purpose of cleaning up on them in a unique adventure. These experiences, and many others connected with our educational pro- cesses, have led me often to question if our teachers in all grades of schools and colleges are not apt to emphasize too strongly their own importance in the teaching processes. Students pass from one class room to another, and from each they are given things to re- member and are marked and examined on what they can remember, as if facts and the garnering of them were the most valuable acquirements in school life. The students are expected to carry on a balanced ration of studies, to the neglect of the one most im- portant process—that of thinking. There are so many lines of activity that there is no time for real downright earnest and successful thinking. Learning to see things correctly and upon the basis of accurate observation to think things out to a finality are the two great factors in our school processes. Lumbering up the memory with a great lot of stuff that we can better leave somewhere and know how to quickly turn to it, is a great waste, particularly when the acquirement stands directly in the way of rational thinking. In mingling with students and learn- ing about their habits; in drawing out the opinions of teachers; in listening to recitations and their manipulation; in sitting under discourses of wisdom from educators who are intimately as- sociated with the machinery of our educational processes; I cannot help but draw the conclusion that we are liable to magnify the value of stated methods of tuition and give too little thought to allowing the individual bent of students to have freedom of action. In our judgments of progress and at- tainment, we are led to draw erroneous conclusions and make mistaken de- cisions based upon surface indications. We have multiplied the accompani- ments of our school and college work to such an extent that students’ minds are diverted from the most important acquirement by the machinery of edu- cation, and while our schools are won- derful in their appliances and in the diversity of tuition, I am sometimes longing for the simplicity which makes the most of personal contact between students and instructors and encour- ages a knowledge of the home life of pupils as the basis of the most effective tuition. The Parents-Teachers Associations are a wonderful means of linking the school and home processes, but I would like to see some plan evolved by which the teachers could acquire more specific knowledge of the home needs, even at the expense of elaborate- ness in preparation for class instruc- tion. Charles W. Garfield. _—-o-—-_ After the license to fish will likely come a license to drive out in the woods and scan the evergreens, Daily Duties The duties of Executor and Trustee are daily duties of this organization. Such work is its business and not an exceptional occurrence, as it is likely to be with an individual. Your Estate, like any other impor- tant matter, whether of law, medicine or business, requires the attention of efficient and responsible specialists. Appoint this Company your Execu- tor and Trustee. OFFICERS JOHN DUFFY Chairman of the Board NOYES L. AVERY President J. DONALD McCORMICK Assistant Treasurer HENRY IDEMA Senior Vice President Cc. SOPHUS JOHNSON Secretary GEORGE C. THOMSON Vice President AREND V. DUBEE Assistant Secretary JOHN H. SCHOUTEN Vice President WILLIAM H. PERKINS. Assistant Secretary ALEXANDER S. PALMER Assistant Secretary GUY C. LILLIE Vice President HARRY B. WAGNER Manager Bond Department ARTHUR C. SHARPE Treasurer The first Trust Company in Michigan ULLAL Ahhh bb bdbdddddddbissisdstibbidbslidididibidsisisssslssbsbidilddsslidllllllldlllcnirinnn.nnccIE 4 MOVEMENTS OF MERCHANTS. Jackson—Hugo A. Beisweger, deal- er in boots and shoes, has filed a peti- tion in bankruptcy. Portland—Ralph Stewart, formerly engaged in the baking business at Muir, has opened a bakery here. Marquette—A. O. Smith, Inc., wil open a men’s furnishings store in the Donckers building about March 1. Hersey—H. Hintz has sold his stock of notions and bazaar goods to John Wickett, who has taken possession. Sunfield—L. Levinsohn has purchas- ed the clothing and shoe stock of the late F. N. Cornell and removed it to Saginaw. Jackson—The Trenton Garment Co., Mechanic and Pear! streets, has in- creased its capital stock from $35,v00 to $60,000. Ishpeming—D. C. Topping, manager of the Ishpeming Feed Co., has opened a cream buying station in connection with the store. : Benton Harbor —,Landsman Bros. succeed Hipp, Enders & Avery Co. in the clothing and shoe business at 86 West Main street. Allegan—Victor Roussin, recently of Cadillac, has purchased the Baker drug stock and wil reopen the store the last of this month. Lowell—A. J. B’Jork, proprietor of the Mity-Nice bakery, has sold it to Frank Dettling, recently of Fremont, who has taken possession. Kalamazoo—The Carey-Knapp Co. has been organized to deal in general merchandise at wholesale and retail at 210 South Burdick street. Gobles—Styles & Winters have sold their hardware and implement stock to Howard Eldridge, who will continue the business at the same location. Ka'amazoo—Nix Bros., dealers in washing machines and household ap- pliances, have removed their stock from 308 to 240 West Main street. Vicksburg — O. W. Weinand_ has purchased the clothing stock and store fixtures of C. G. Porter and will con- tinue the business at the same location. Kalamazoo — The Wheeler-Blaney Co., 249 North Burdick street, plum- bers’ and heating supplies, has increas- ed its capital stock from $40,000 to $100,000. St. Joseph — Barlow Bros., whose laundry was destroyed by fire, enta’‘l- ing a loss of over $65,000, will rebuild the plant at once. They carried about $15,000 insurance. Saginaw—L. Levinsohn has opened a general merchandise store at the cor- ner of Genesee and Washington avenue, for the purpose of disposing of distress merchand'se. Detroit—Joseph Weir, proprietor of Weir's Boot Shop, 8237 Linwood avenue, has sold h’s stock to Arthur H. Neubert, continue the business at the same location. Schoolcraft—W. J. Thomas, recently of Constantine, has purchased a half interest in the grain and fuel business of Harvey & Stuart and the bus’ness will be continued under the same style. Grand Rapids—The Entroth Shoe Co., 112 Monroe street, N. W., has been incorporated with an authorized who will MICHIGAN TRADESMAN capital stock of $25,000, $20,000 of which has been subscribed and paid in in cash. Mt. Pleasant—E. L. Conrick, Inc., has been incorporated to conduct a general mercantile business, with an authorized capital stock of $25,000, $15,000 of which has been subscribed and paid in in cash. Detroit—The Reliable Textile Co., 2011 Taylor avenue, has been incorpo- rated to buy an sell rags, cloth, etc., with an authorized capital stock of $10,000, all of which has been subscrib- ed and paid in in cash. Flint—L. Levinsohn has purchased the shoe and men’s furnishings stock and store fixtures of Wiliam Manns, 922 North Saginaw street, at a chat- tel mortgage foreclosure sale and re- moved it to Saginaw. Detroit—The White, Ryal & Greene Fur Shop, Inc., 408 Metropolitan build- ing, has been incorporated with an authorized capital stock of 100 shares at $10 per share, $1,000 being sub- scribed and paid in in cash. Jackson — The National American Furs, Inc., 703 Reynolds building, has been incorporated with an authorized capital stock of 100,000 shares at $1 per share, $2,500 of which has been subscribed and paid in in cash. Lansing—The Better Business Insti- tute, 1128 Prospect street, has been in- corporated to conduct a school of mer- chandising, with an authorized capital stock of $20,000, all of which has been subscribed and paid in in property. Ka'amazoo—I. H. Gingrich & Son have engaged in business at 330 East South street, carrying parts and sup- plies for all makes of trucks and ser- vicing them. They have had 18 years’ experience in this line in Grand Rapids. Detroit—Guerin & Sepull, Inc., 10025 Grand River avenue, has been incor- porated to deal in furniture and house furnishings at retail, with an author- ized capital stock of $20,000, all of which has been subscribed and paid in in cash. Detroit—The Bagley Music House, 1429 Broadway, has merged its busi- ness into a stock company under the sty’e of the Bagley Music House, Inc., with an authorized capital stock of $25,000, all of which has been subscrib- ed and paid in in property. Kalamazoo—The Carey-Knapp Co., 210 South Burdick street, has been incorporated to deal in general mer- chandise at wholesale and retail with an authorized capital stock of 5,000 shares at $10 per share, $40,000 being subscribed and paid in in property. Flint—The Love Lumber Co., 2452 Fenton Road, has been incorporated to deal in lumber and build’ng supplies at wholesale and retail, with an author- ized capital stock of $100,000, all of which has been subscribed and paid in, $41,000 in cash and $59,000 in prop- erty. St. Johns—W. R. Osgood & Son are closing out their furniture stock and converting the Corbit residence, which they recently purchased, into a modern funeral home which they will occupy with their undertaking business. They will rent their store building on Clin- ton street. Hancock—The Standard Acceptance Corporation has been incorporated to conduct financial operations, loans, in- vestments, etc., with an authorized cap- ital stock .of $50,000 common and $50,- 000 preferred, of which amunt $14,400 has been subscribed and $2,500 paid in in cash. Lansing — The Bernard-Densmore Funeral Co., 1624 South Washington avenue, has been incorporated to con- duct an undertaking business in this city and in Holt, with an authorized capital stock, of $6,000, of which amount $4,000’has been subscribed and $2,000 pa‘d in in cash. Grand Rapids—The Holwerda Heat- ing Co., 1040 Wealthy avenue, S. E., has merged its business into a stock company under the same style, with an authorized capital stock of $15,000 of which amount $7,500 has been sub- scribed and paid in, $3,826.74 in cash, and $3,673.26 in property. Flint — The Brownson-Fisher Wall Paper Co., 128 East Third street, has merged its business into a stock com- pany under the same style with an authorized capital stock of 600 shares at $100 per share, $60,000 being sub- scribed and paid in, $445.46 in cash and $59,554.54 in property. Detroit—The D. J. Healy Shops, 1426 Woodward avenue, importer and retailer of women’s fine wearing ap- parel, has merged its business into a stock company under the same style, with an authorized capial stock of $700,000, all of which has been sub- scribed and paid in in property. Kalamazoo—The Service Materials Co., 725 East Walnut street, has been incorporated to deal in building ma- terials of all kinds at wholesale and retail with an authorized capital stock of $20,000 preferred and 200 shares at $1 per share, of which amount $5,050 kas been subscribed and paid in in cash. Detroit—Sam M. Baker has merged h’s wholesale produce and fruit busi- ness into a stock company under the style of S. M. Baker, Inc., 1797 West Jefferson avenue, with an authorized capital stock of $50,000, of which amount $25,000 has been subscribed and paid in, $7,000 in cash and $18,000 in property. Jackson—The M. & F. Lincoln Co., 708 Wiliams street, has merged its grocery, farm produce, provision, lum- ber and building material business into a stock company under the style of the H. M. Lincoln Co., with an authorized capital stock of $25,000, $16,000 of which has been subscribed and paid in, $20 in cash and $15,980 in property. Manufacturing Matters. St. Clair—The Diamond Crystal Salt Co., has increased its capital stock from $2,050,000 to $3,150,000. Grand Rapids—Wolverine Lubricat- ing Co., 624 Watson street, has chang- ed its name to the Grand Rapids Bar- rel Co., Inc. Hastings—The Viking Equipment Co., sprinklers and fire protection ap- paratus, has increased its capital stock from $100,000 to $210,000. Detroit—The Bellows Corporation, 2900 East Grand boulevard, manufac- February 15, 1928 turer of electric signs, has changed its name to the Bellows Claude Neon Co. Kalamazoo—Fuller & Sons Manufac- turing Co., corner of Prouty and North Pitcher streets, manufacturer of auto parts, has increased its capital stock from $600,000 to $750,000. Detroit—The Detroit Eco-Thermal Co., 12215 Grand River avenue, has been incorporated with anu authorized capital stock of $10,000, of which amount $4,500 has been subscribed and paid in, $1,000 in cash and $3,500 in property. Detroit—The Mahar Manufacturing Co., 1310 Maple street, has been in- corporated to manufacture and deal in refrigeration units, with an authorized capital stock of 50,000 shares at $1 per share, $10,000 being subscribed and $5,000 paid in in cash. Detroit—The Manufacturers’ Sales Corporation, 2406 Eaton Tower, has been incorporated to manufacture and deal in internal combustion motors and their parts, etc., with an authorized capital stock of $50,000, all of which has been subscribed and paid in in cash. Detroit—The Evans-M'ller Cedar Products Co., 1504 Dime Savings Bank building, has been incorporated to manufacture and deal in wood and metal products with an authorized cap- ital stock of 5,000 shares at $10 per share, $5,000 being subscribed and paid in in cash. St. Joseph—The St. Joseph Electric Steel Castings Co., has been incorpo- rated with an authorized capital stock of 12,500 shares of class A stock at $10 per share and 15,000 shares class B at $5 per share, of which amount $94,520 has been subscribed and $32,- 100 paid in in cash. Detroit—The Ever-Ready Manufac- turing Co, 5064 Commonwealth avenue, has been incorporated to man- ufacture and sell bob-sleds and scoot- ers, with an authorized capital stock of $50,000 preferred and 5,000 shares at $1 per share, $1,000 being subscribed and paid in in cash. Benton Harbor—The W. M. Staley Manufacturing Co., 202 Water street, has been incorporated to manufacture and sell radio and electrical devices, with an authorized capital stock of $50,000, of which amount $26,600 has been subscribed and paid in $2,500 in cash and $24,100 in property. Detroit—The Acme Auto Bat Co., 13469 Conant street, has been incor- porated to manufacure and deal in fibres and fibre products, with an au- thorized capital stock of $50,000 pre- ferred and 500 shares at $10 per share of which amount $35,700 has been sub- scribed, $4,745 paid in in cash and $20,000 in property. Adrian—The Evan’s Auto Loading Co., of Detroit, has purchased the fac- tory building of the Bond Steel Post Co., on East Maumee street, and will start production in the near future as the Evans-Miller Co., a subs:diary of the Evans Auto Loading Co. The principal products of the company are automobile shipping blocks, automo- bile decks and automobile export box- es. It is expected that production wi'l be started with about thirty employes. - : > 7 ’ af < - - “< 2 is ' 5 Y¥ 7. oe 4 1 4 ol > - “ s re - ~ - - al ~ 4 > € » - ! - + 7 ot. ’ < hs ~~ 2. + > 1 - « s re - ~ ~ ~ - - q ts - ™ 4 > ‘ € » a * ~*~ pe — he ns 44% ee — » q > February 15, 1928 MICHIGAN TRADESMAN DETROIT DOINGS. Up-State Merchants Ready For the Exposition. Detroit, Feb. 14—All is bustle and activity among the local wholesalers and manufacturers in anticipation of the retail hosts expected this week to attend the second Better Merchandis- ing Conference and Exposition at the Book Cadillac Hotel. For two days previous to the conference many re- tail merchants from all points in Michigan have been registered in the city, making calls on their favorite wholesale dealers, laying down spot delivery orders with a light sprinkling of orders for merchandise for later delivery. Among the early arrivals to the con- ference was Louis Koster, veteran salesman for Edson, Moore & Co., whose home is Grand Haven. With Louis was a string of Western Michi- gan merchants who came to learn more of the modern methods of conducting a retail store and to take advantage of the opportunities which only direct market contact affords. The Statler Hotel has inaugurated an innovation which is advertised as the “most spectacular radio tie-in yet at- tempted”—a radio in every room. Harking back to the days when the Griswold House was the home where the traveling men “put up” will at once bring to mind the smiling countenance of Seth Frymire, for a number of years the Griswold manager. Hundreds of the old timers remember Seth and will be glad to know, if they haven’t al- ready been apprised of the fact, that he is now manager of the new Barlum Hotel. Nor has his old time smile diminished in the least. Through an error the advertisement of the Kiddie Kover Manufacturing Co., makers of children’s play suits in last week’s Special Detroit Edition, did not mention the name of their exclusive Michigan distributor, I. Shetzer, 142 Jefferson avenue, East. I Shetzer has made tremendous strides in the local market and is also making a strong bid for up-State business from buyers who visit this market. According to Simon Shetzer, a son of the organizer of the business, many inducements can be of- fered in the way of price concessions because they do not send their sales force into all parts of the State except by special appointment which is no small expense that must be added to the general overhead. The firm car- ries a line of men’s furnishings and women’s and children’s hosiery. One of the week’s early buyers was Frank J. Zielinski, who has recently become affiliated with the Chase Mer- cantile Co., of Pontiac. Mr. Zielinski will be remembered by many salesmen who called on him in Manistee, where for a number of years he conducted a dry goods store. He is in charge of the bargain basement departments which include all yard goods. Few if any merchants in this trading area are aware of the real development of the Detroit market during the past few vears and of the many distributors of diversified lines that have located here. That’s why a concerted effort is being made by the wholesalers, manu- facturers, manufacturers’ agents and the Detroit Board of Commerce to bring about a closer relationship with the merchants. One of the most defi- nite steps yet made in this direction was announced last week by E. E. Prine, Secretary of the Wholesale Merchants Bureau of the Detroit Board of Commerce. A careful sur- vey is being made by this organization and the full analysis of this survey will be at the disposal of retail merchants who can in this way learn promptly of every distributor of the particular lines they are interested in who is located in Detroit. The information will be furnished by Mr. Prine on request. One of the interesting exhibits at the conference this week will be that of Davidson Brothers. Of no lesser in- terest is the history of this firm. which about fifteen years ago conducted a small infants’ wear line store on Gratiot avenue, which was a street taken over by the retail stores, rather than wholesale institutions. To-day this same firm, organized by I. David- son and since joined by his brothers, Louis and Sol, moved into Detroit's wholesale district and augmented the lines already carried with women’s ready-to-wear—this in a store that oc- cupied but one floor. As the ‘business prospered more lines were added and more space occupied. To-day they are housed in a substantial building of considerable frontage and six stories high, all of which is utilized by them- selves and with stocks using all avail- able space. While their efforts are confined largely to catering to the trade in and surrounding Wayne county, Davidson Brothers clientele in Michigan, Ohio and Indiana is develop- ing through the visits of buyers com- ing to this market. The firm carries practically all lines usually sold by regular dry goods jobbers with the exception of textiles. Ted Smith, a friend of Percy Palmer and likewise of the writer, takes ex- ception to a statement or rather the inference made by us last week to the effect that the success of the new Nor- ton-Palmer, of Windsor, was because of Mr. Palmer’s geniality or words to that effect. Writes Ted: “Dear Jim: What you said about Palmgr was all right but what you said about the rea- son for the success of his hotel is all, or at least is partly wrong. Of course, you know there is a liquor law per- mitting hotel guests in that town to buy what they want. And in every room is a cork screw fastened on the wall. Perce may be all right, but I leave it to you.” We stand corrected. We were all wet. James M. Golding. —_>- Essential Features of the Grocery Staples. Sugar—Jobbers hold cane granulated at 6.45 and beet granulated at 6.25. Dried Fruits—Packers are not saying much about peaches, apricots or pears as they say that to do so would be a waste of breath since normal trade channels will account for everything which is left in first hands in California. Recently the trend has even been to consider the prune marketing problem as practically solved, leaving only raisins upon which attention need be centered. Prunes are considered favor- ably placed on the Coast as primary markets have been held firm despite the restricted buying from domestic Eastern markets where stocks have been selling below replacement costs. Prunes will come into their own when the cheap sellers get tired of doing business here without an adequate profit. The talk about raisins is most- ly in the way of explaining the large crop in sight, discounting the volume by saying that poor drying weather last fall resulted in the loss of a con- siderable tonnage which has further been increased by losses while the fruit has been in storage. The result of this process has not been felt as yet in the jobbing markets but the leading pack- ers sense the drift of the market to a higher level and they are of the opin- ion that when the smaller packers are eliminated they will be able to boost their prices to a more normal level. Also in dried fruits, after March 1, when packers tack on taxes, carrying charges and other expenses, they are apt to hold for higher quotations and being favorably placed will force the buying trade to meet their views of values. Rice—Domestic rice remains steady in tone, at former prices and in much the same hand-to-mouth demand which has characterized the market for sev- eral months. Jobbing operations are expanding somewhat, as it is apparent that shortages are developing, but it cannot be said that there is any heavy buying for later needs. The markets in the South have been steady and the increase in the amount of finished rice available for prompt shipments has been so well taken that there has been no reaction in quotations. Canned Goods—The most noticeable change in the local situation during the past week has ‘been the growing en- quiry for the several items which have been selling at low prices. For in- stance, cheap corn, peas and pink salmon have been taken, resulting in what amounts to a clearance of the packs which combine merchantable quality and satisfactory price. A good cheap pea is mighty scarce. Even then the buyer cannot be too particular as to grade, sieve or packing district. Pink salmon has evidently been stabilized, after fractional advances. While ad- vances can be mentioned, not one in- stance of a decline is to be noted, as even the dull items have held their own. The future market has wit- nessed some trade with an_ evi- dent trend toward expansion, but for the packs which are more or less stand- ardized and represent the moderate or small outputs rather than the volume class. California spinach is one of the most important new packs. Most buy- ers are not ready to consider peas, corn and the other staples as they do not care to bind themselves to con- tracts when they do not know the ex- tent of the pack. For the most part, they want to feel their way cautiously and devote most of their time to trad- ing in spot stocks. _—__ 2. Review of the Produce Market. Apples — Baldwins, $2.25@2.50; Northern Spys, $2.50@3; Western Jon- athans, $2.75 per box; Rome Beauty, $3.50 per box. Bagas—Canadian, $1.75 per 100 tb. sack. Bananas—7%@8c per Ib. Beets—$1.25 per bu. Butter—The market has had both ups and downs during the past week. Demand for fine creamery butter has been good. At present the market is rather quiet and steady. Jobbers hold June packed at 42c, fresh packed at 44c, and prints at 46c. They pay 24c for No. 1 packing stock and 12c for No. 2. Cabbage—$2 per 100 Ibs. for old; new from Florida, $3.75 per 90 Ib. crate. Carrots—$1.25 per bu. for old; new from Texas, $2.50 per bu. Cauliflower—New from Florida, $2 per doz. Celery—25@60c per bunch accord- ing to size; Extra Jumbo from De- catur, $1.25. Celery Cabbage—$1.25 per doz. Cocoanuts—$1 per doz. or $7.50 a bag. Cucumbers—Indiana hot house, $3.50 Dried Beans—Michigan jovbers are quoting as follows: € He Pea Beans $8.00 Eight Red Kidney 5 8:25 Dark Red Kidney -..0 8.35 Eges—Buyers are not very confident as to the egg market and have bought very gingerly during the past week. The time of greatest production is not far off. ward. about 5c per dozen. The market is tending down- The week's decline aggregated Local jobbers pay 32c for strictly fresh. Local storage operators are all sold out. Grape Fruit — Florida $5@5.25 per crate, according to size commands and grade. Green Onions—Chalotts, 70c per doz. Lemons—Quotations are now as fol- lows: a00 Sankist oo $9.00 300 Sunkist (2200 9.00 300 Ked Ball 8.50 300 Red Ball 8.50 Lettuce — In good demand on the following basis: Arizonia Iceberg, 4s, per bu. __--$3.50 Hothouse leaf, per bu. _....___ $2.04 Onions—Spanish, $2.75 for 72s and 50s; home grown command $2.25 for white or yellow—both 100 1b. sack. Oranges—Fancy Sunkist California Navels are now on the following basis: OO $4.75 6 ee 0 ee ae 16) 0 6.50 20) 2 6.50 NG ee 6.50 2 ee eS 6.50 28S 2 Red Ball, 50c cheaper.’ All sizes of Flor'das are selling at $6. Peppers—Green, 65c per doz. Potatoes — The market is a little firmer on the basis of $1.10@1.20 per 100 Ibs., generally over the State. Poultry—Wilson & Company pay as follows: Pleagy fowls 220500 0 24c Pieht fowls © 932 18¢ Fleavy Broilers 2.6000 2 26¢ Light W. EE. Broilers... 18¢ Radishes—75c per doz. bunches for home grown hot house. Spinach—$1.60 per bu. Sweet Potatoes—$1.75 per hamper for kiln dried stock from Tennessee. Tomatoes—$3 for 10 lb. basket of hot house; $1 per 6 Ib. basket from Calif. Veal Calves—Wilson & Company pay as follows: Raney 920 19¢ Good 2 17c Mediune 0 3 Sen 15c Poor 2 10c —_2-_____ An apology is due the Schust Co. by the Tradesman on account of an ar- ticle written by our Holland City cor- respondent, which appeared in our is- sue of Nov. 30, which quoted another biscuit factory as being the largest in- dependent buiscuit factory in Michi- gan. The Schust Co., doing business all over Michigan, took exception to this statement and submitted a cer- tied statement to prove that it is the largest independent biscuit plant in Michigan.: As it is impossible to dis- credit the statement, the Tradesman is inserting this item. 6 IN THE REALM OF RASCALITY. Questionable Schemes Which Are Under Suspicion. Sherman Cole, the Copemish mer- chant, gave an itinerant solicitor who was a cripple a subscription to the Frontier Magazine Aug. 5, 1927. He paid the solicitor, who gave his name as R. F. Stimmel, $1 in advance, send- ing the $2 additional by check to the H. & H. Periodical Service Co., 910 Garrick Bldg., Chicago. He has writ- ten the latter several times without re- sult, which leads him to believe that the concern is a fraudulent one. If any other reader of the Realm has had any experience with this concern or the cripple who claimed to represent it, we should be pleased to receive the particulars. Good checks may be bad checks, says the National Automobile Dealers’ Association in reporting a new swindle racket which came to light in Los Angeles, where a dealer’s justifiable suspicions cost him $20,000 in a dam- age suit. According to a bulletin of the N. A. D. A., a man recently purchased a $3,000 automobile in Los Angeles, paid for it with a check on a New York bank, drove the car around town an hour or so, then drove to a used car business and offered to sell the car for $1,000. The dealer bought the car after test- ing it out and finding that it was all right, and communicated with the original dealer, who immediately had the purchaser arrested on the theory that the original check for $3,000 was worthless. The purchaser was held in jail for the length of the time necessary to clear the check and was then released, brought suit for damages and settled for $20,000. The .N. A. D. A. is broadcasting in- formation on the ground that another attempt at the fraud may be perpe- trated. Have you ever heard of the Modern Art Academy, of Detroit and Chicago? The better business bureaus of Detroit and Chicago have been asked to locate the “Academy” but they have not been able to do so. Apparently it exists only in myth. The Magazine of Wall Street sug- gests the following resolutions for the government of investors: 1. I will not buy securities im- pulsively, on tips of well-meaning friends or so-called inside information. 2. My security holdings will always contain a substantial percentage of sound bonds. 3. Any stocks I retain among my permanent holdings must be of invest- ment caliber. 4. I will not confuse my invest- ments with my speculations. I will see to it that at least 75 per cent. of my total security holdings belong in the investment class. 5. If I hold any speculative securi- ties, it will be with the understanding that they are not permanent but to be MICHIGAN TRADESMAN watched closely and disposed of if their outlook becomes uncertain. 6. I will attempt a reasonable de- gree of diversification in my security holdings, a sufficient number of differ- ent types to distribute the risk and not so many that I shall find it difficult to watch them. 7. In my more speculative under- takings, I shall not hesitate to accept a small loss if necessary but if I pur- chase an investment security I shall not permit small fluctuations to influence me. 8. I shall pay more attention to the financial stability and earning power of the companies in which I invest than in their dividend rates. 9. I shall never dispose of invest- ment holdings to purchase speculative securities, 10. In all cases when I purchase stocks they shall represent companies in a position to grow over a period of years, and thus assure steady growth in the value of my investment. Respondent, a corporation, conduct- ing its business under various trade names, engaged in the sale and distri- bution of medium priced men’s watches and ladies’ wrist watches to mail order customers in interstate commerce, and in competition with other corporations, firms, partnerships and_ individuals likewise engaged, entered into the fol- lowing stipulation of facts and agree- ment to cease and desist forever from the alleged unfair methods of com- petition as set forth therein. Respondent, in soliciting the sale of and selling its products, caused adver- tisements to be inserted in magazines circulated in commerce between and among various states of the United States, and also distributed circulars or circular letters in interstate commerce, in which said advertisements and cir- culars or circular letters described the goods which it offered for sale and sold, the following language was used: (“You need send only 10c for this latest model imported jeweled move- ment watch. Only a down payment of 10c required and we make im- mediate shipment of this beautiful and serviceable watch. We trust you ship- ment same day. No reference is need- ed.” “Send only 10c for this jeweled and regulated wrist watch studded with diamonds and sapphires. Only a down payment of 10c required and we make immediate shipment of this beautiful engraved wrist watch. We trust you shipment same day. No references needed. For a genuine diamond watch of this kind you would be required to pay elsewhere upward of $150. For ours pay only $12 and you pay it $1 per week. Make first payment to post- man when he delivers package. Send tame and address and receive your watch by return mail. A guarantee with each watch.’) Upon receipt of the 10c called for in the above advertisements, respond- ent did not make shipment at once of the watch ordered, but wrote the cus- tomer advising that owing to “The tremendous popularity of our jewelry, there is a slight delay in making the shipment which, however, will be ready in a day or two,” and advised February 15, 1928 Thus a 60 year old grocery staple—None-Such Mince Meat—and the other Merrell-Soule Products join a 71 year old stand-by—Eagle Brand— and the other Borden Products. Once more we say: the full Borden line is a profitable line; every Borden Product is a quality product; the Borden guarantee is absolute; Borden service is a com- plete service. Every Borden Product is an advertised product, and Borden advertising is always at work to put more business in the grocery store. STOCK THE FULL BORDEN LINE. Exempt from Federal Income Tax $145,000 CITY OF ST. PETERSBURG, FLORIDA 514% IMPROVEMENT BONDS Due June 1, 1954 FINANCIAL STATEMENT Estimated Value Taxab!e Property ___________ $375,000,000 Assessed Valuation, 1925 __.__._. 157,652,447 Tetel Boeted Debt... 22,124,600 ee eee 6,579,768 Population, Federal Census, 1927__ 47,629 Population (Winter), Estimated __ 125,000 These Bonds are a direct general obligation of the entire City of St. Petersburg, Florida, payable from an unlimited ad valorem tax levied on all of the property that is taxab‘e therein. PRICE TO YIELD 4.75% HOWE, SNOW & CO. Incorporated GRAND RAPIDS Chicago New York Detroit San Francisco Minneapolis Philadeiphia “ February 15, 1928 MICHIGAN TRADESMAN the customer, “We have a little surprise for you. We are going to send you, in addition to your regular order, ab- solutely free of charge, a string of the gorgeous pearls, picture of which i$ enclosed” and the purchaser was re- quested to fill out a blank and deposit with the postman $3; when in truth and in fact the said watches were not studded with diamonds and sapphires, and shipments were not made _ the same day, and the customer was not trusted, but the customer was urged to make a further deposit of $3 and references were required. Respondent agreed to cease and de- sist from the use in soliciting the sale of and selling its products in interstate commerce, in advertisements, circulars or circular letters distributed in inter- state commerce, of the words “Jeweled wrist watch studded with diamonds and sapphires; unless and until the watches so advertised, depicted and described are jeweled, studded with diamonds and sapphires; and respond- ent further agreed to cease and resist from the use of the words “Only a down payment of 10c required and we make immediate shipment of this ‘beautiful engraved wrist watch. We trust you. Shipment same day. No references needed” or any other word or words which import or imply that the terms of sale as set forth in the advertisements will be strictly ob- served by the seller, when it is the in- tent, purpose and custom of the seller to exact from the purchaser additional payments, and payments not set forth in the advertisements. The Union Woolen Mills Co., of Racine, Wis., the Union Woolen Mills Co., of Jackson, Mich., and Max Cohen president of the two corporations, have been ordered by the Federal Trade Commission to discontinue use of the word “mill” or “mills” in their cor- porate names until they actually own, control or operate a mill or mills for manufacture of the cloth from which their clothing wares are made. They are also ordered to cease mak- ing, in connection with the sale and distribution of men’s clothing, repre- sentations through ‘trade names, cir- culars or other forms of advertising, to the effect that they are manufactur- ers or makers of cloth from which such clothing is made. The respondent, Max Cohen, is in- dividually ordered to discontinue the use of the word “mill” or “mills” in the corporate or trade name of any corporation, firm, association or store which he may organize in the future for the sale and distribution of men’s clothing. Cohen maintains headquarters in Chicago, where he is in business under the name of Union Woolen Mills Co. He usually takes care of orders from the out-of-town stores such as those in Jackson and Racine. If a customer in the Jackson store wants a suit or overcoat “made to measure” he may place the order at the Jackson store after selecting the material. The order and a sufficient amount of the cloth selected may be sent to Cohen in Chi- cago. ‘Cohen then may cut the cloth according to the measurements and deliver it to some concern in Chicago for the actual sewing and making of the suit or overcoat. When finished, the garment is shipped back to Jack- son for delivery by the store there to its customer. The words “grape” or “grape squeeze” are not to be used to describe a compound offered for sale for use in the manufacture of beverages when such concentrate or compound is not derived from grape juice or grapes, the Federal Trade Commission rules in an order just issued to the National Fruit Flavor ‘Co., Inc., of New Orleans. ‘This company manufactures a con- centrate or compound named by :t “Grape Squeeze” and “Squeeze” and sells the commodity to operators of bottling plants in various parts of the United States. The com- pound is designed for use by bottlers in making a beverage which they compound and bottle then sell to venders and dispensers of beverages. These latter vendors resell the drink to the consuming public under the names “Grape Squeeze” and “Squeeze.” The respondent supplies its vendees with signs, placards and other adver- tising to bring to the public’s atten- tion “Grape Squeeze” and “Squeeze.” Neither the compound nor the bever- age are actually derived from grape- juice or grapes, but rather the bever- age imitates grape-juice in color, odor and taste, the Commission reports in its findings, and holds that the respond- ent’s use of these terms constitutes un- fair competition and is a violation of the Federal Trade Commission act. Owners and these Use of the word “English” to de- scribe soap that is not manufactured in England, but rather in the United States and then sold in the United States, is prohibited by the Federal Trade Commission in an order issued to James J. Bradley & Co., of New York City. One of the labels used by the re- spondent on its product was “English Tub Soap.” On each cake of the soap there were stamped in large letters the phrases, “English Tub Soap” and “Hanson-Jenks, Ltd... London-New York.” On he wrapper of he soap were printed conspicuously the phrases “English Tub Soap” and “James J. Bradley & Co., 1457 Broadway, New York City, Sole Agents, United States and ‘Canada.” The Commission found that toilet and bath soap manufactured in Eng- land have for many years enjoyed wide-spread. popularity, good will and demand among the consuming public throughout the United States, many of whom believe and consider that bath and toilet soaps manufactured in Eng- land are superior in quality to such soaps manufactured in the United States. The respondent’s misleading use of the word “Englisn’’ in advertising its soap was held to be a violation of the Federal Trade Commission Act. — 7. If everyone worked on the basis of “Every man for himself and the devil take the hindmost,”’ it would be diffi- cult to become selling or buying. successful in either LLL LLL LLL LLL Ti TLL LLL ‘WoRDEN (GROCER COMPANY The Prompt Shippers YOUR CUSTOMERS will like QUAKER Pork and Beans They Have The Flavor WORDEN (GROCER COMPANY Wholesalers for Fifty-nine Years OTTAWA at WESTON GRAND RAPIDS THE MICHIGAN TRUST COMPANY, Receiver Nearly Fifty Years of Experience in Match Making has Produced THE DIAMOND BRAND BB reraavearacee PCAC Diamond Matches This name on a box of matches 1s your guarantee of quality, safety pao SEL iad geo] Reiste reir ls 4 You will build prestige for your store by selling this high quality brand, avoid price cutting and inferior quality com- petition. Be You will serve your community by securing the best and safest match that can be made. p A match is made to produce fire. It therefore can be an element of danger. The Diamond Brand has the high repu- tation of the makers behind it. THE DIAMOND MATCH COMPANY NOT FOR THE TRADESMAN. Ten trade journals in the Eastern states have been bunched into one com- pany w-th a capital stock of $3,350,000. How well such an arrangement will work out remains to be seen. It may prove to be very profitable for the stockholders, as is the case with the trade papers assembled by the Root syndicate, but not so advantageous for the readers. The Tradesman has al- ways maintained that aggregations of this kind were not to the advantage of the reader, because they deprive each publication of the independence in thought and action which makes a trade journal most valuabe to the reader. The Tradesman has been pub- l[shed without change of ownership, editorship or business management for nearly forty-five years. During all this time it has had to respond to the ef- fort and enterprise of but one man whose sole object had been the better- ment of the retail merchant—mentally, morally and financially. The effort may not have been so successful as it would have been if directed by a mas- ter mind ‘ocated on the twenty-fifth floor of a metropolitan building a thou- sand mles away, but the chances are that the man on the ground who has kept in close touch w’th his readers by constant personal contact and conver- sation is quite as well qualified to act as guide and advisor as the man in the distance who would not know a re- tailer if he should meet him on the street. Firmly believing that the Trades- man’s value to the retal trade would not be conserved by giving up its in- dependence of thought and action, it wil continue along the path of self reliance it has pursued since 1883 with such satisfaction to itself and its patrons. Many economies could probably be brought about by comb‘nations, but these would be offset, in a degree, by the similar'ty which would result from oncerted action in every department of each publication. Such an alliance would force the Tradesman to remove the expression “Unlike Any Other Pa- per” from its masthead, which it pre- fers not to do. The fact that the Tradesman is radically dfferent than any other publication in the word is one of its chief charms in the estima- ton of both publisher and patron. MISBRANDING FURS. It is only a few years since substi- tutes for silk became so numerous and so cheap that buyers of “sks” often found that they had not bought silk at all. So serious d'd the matter be- come that the Federal Trade Commis- sion finally intervened and ruled that all substitutes for silk should be ca led and advertised as “rayon.” Many man- ufacturers threw up their hands in de- spair and asserted that the Government was going to ruin them. To-day seller and buyer alike are satisfied and rayon is a recogn zed article or mer:t in its field. Heartened, perhaps, by its success in the silk industry, the Federal Trade Commission met a delegation of rep- resentatives of the fur trade in New MICHIGAN TRADESMAN York City recently to consider com- plaints about misrepresentation of other goods. At that meeting W. E. Humphrey, chairman of the Comm/’s- sion, made the revolutionary sugges- tion that processed fur pieces be nam- ed something besides “seal” if they do not contain sea! and warned the fur- riers that the Government would have to step in if complaints of misbrand- ing were jound to be well grounded and the practice not corrected. As long ago as the twelfth century the London guilds took disciplinary action against furriers for this very offense and it has been a live subject in every trade center of the fur indus- try on many occasions since then, for abuses are easy and the rewards large. Buying furs is universal among women, but that any purchaser of the cheaper furs knows what slie is buying is most improbable, for the dealers themselves, in their reply to the Com- mission, make this admissino: “There is considerable fraud and deception practiced in the retai! fur business. The devices practiced by the unscrupu- lous dealer for the undong of the ignorant or the careless customers are impossible to count.” The ignorant and even the careless customers are entitled to honest repre- sentation of the goods they are buying. It is to be hoped that the fur industry and the Federal Trade Commission will find ground on which the buyer and the seller can meet without the dis- credited warning, “Let the buyer be- ware.” RETAIL TRADE BETTER. The figures on recent trade results show that the stores of the country have not enjoyed easy sailing. The Federal Reserve report for department stores indicated a decline of about 1 per cent. last month under January, 1927, wth decreases ranging from 2 per cent. in New York to 8 per cent. in the M’nneapolis district. As against these losses, the Chicago district ran 11% per cent. ahead of January a year ago. These comparisons reflect the spotty conditions that prevail in business. Not only do results vary by sections of the country, but there is also considerable variation among stores in the same locality. However, the variation that appears to exist between chain store and department store resuts is not what it seems from the percentages. The big increases cited by some chains merely mark additional volume sup- plied by new stores. So far as the condition of general trade is concerned, it is worth calling attention to the fact that we have only the reports from the larger and better managed concerns. These represent about 25 per cent. of the retail volume, the great bulk of the business being done by the smaller stores. There- fore it seems proper, in forming any idea of the entire trade situation, to count on something less than what good management is able to accom- p‘ish. The week brought word of improve- ment in retail trade with consumer de- mand more active for between-seasons requiremenbts, such as_ sports-wear. Prompt deliveries are asked by retail buyers now in the market in order that the new merchandise may be properly tested out. MONEY LOST BY NEGLECT. It is estimated that the business men of Detroit lose $47,000,000 every year because of traffic congestion. Other losses during the year 1927 are appalling. We have been comp.ling some statistics of our own on the sub- ject, as follows: Five hundred and sixty-five thousand office boys at $11 a week whistled, when they ought to have been work- ing, an average of fifteen minutes a day, thereby cheating their employers out of the sum of $10,102,000. N'neteen thousand three hundred high-pressure executives, valuing their time at $50 an hour, b't the ends off their cigars instead of using a sharp knife. They are the poorer by $71,- 588,000. Three million seventy-four people wasted 90,000,000 hours watching steam shovels scoop another pile of dirt into the dump track. F nancial ‘oss: $88,- 000,000. All-American loss of time due to wrong numbers, broken shoelaces, lapses of memory, excessively hot soup, delayed street cars, window shopping, collar buttons, Irish anecdotes, parked automobiles, leaky lily cups, illegib’e handwriting, cold engines, misprints and taking the local instead of the ex- press elevator, $9,873,455,699.17. Grand total—enough to pay off the Nat’onal debt plus free subway rides for the population of New York until 1960. Not counting the loss of t:me used to compie these and similar statistics, which, translated into cash, would buy each of the merchants of this country a red necktie. COTTON GOODS SALES LOWER. An upturn in cotton brought some firming of prices in the cloth market during the past week and also a better demand. The figures on January op- erations of the industry indicated that output was about the same as in De- cember, while sales averaged 33,000,000 yards and shipments 5,500,000 yards less a week than in the former month. Stocks rose 64,000,000 yards to 367,- 223,000 yards and unfilled orders drop- ped to 313,893,000 yards, or 62,900,000 below those at the end of December. In the woolen market further open- ings on men’s wear staple lines were announced. The present-day business on staples is 'imited and the opening of fancies this week will draw better response. Wool prices continue to firm up, but the m‘Ils are little dis- posed to speculate. Foreign values are up again and the domestic average shows an increase in the year of 13 per cent. The best reports in the textile mar- kets just now are being received on wash goods and printed silks. Whole- salers are ordering the former quite liberal'y while a record season is pre- dicted on the latter, ™ February 15, 1928 CHEAP POLITICS. The Senate has passed the La Fol- lette resolution condemning the third term. From the standpoint of general pol- icy we regret the action. The third- term tradition has been at just about the right degree of stabilization. It has not been an absolute legal bar, but it has had the strength of a sound rule, to be broken only in case of great emergency. This is just as it should be. The continuance in office of “the man on horseback” should be hampered by the power of precedent, but, on the other hand, the Republic should not be forbidden to call into crucial service any one of her sons whom she may need. The Senate resolution is not law. But it is more than a gesture. By its moral weight it will bear down the scales too heavily on the side of pre- cedent. It may lead to actual and final const tutional amendment in that direc- We are sorry that the Senate did not leave well enough alone. tion. As to the Coolidge aspect of the vote, we regret the humiliating doubt upon his word which the resolution implies. It was this point that made numerous Senators rebel against the ironic commendation of the Pres‘dent. Of course, it is urged that the Sen- ate struck not at the President but at the Republican politicians who are seeking to use his name for conven- tion trading purposes. Yet the blow was at least a glancing noe at Mr. Coolidge, too. The manner in which Senator La Follette withdrew the Coolidge clause showed a humiliating disbelief in the integrity of the President’s intentions. It should be remembered that accord- ing to Senator La Follette’s own state- ment the whole reso‘ution was intro- duced because of the action of the Hilles Republcans in deciding Jan. 28 for an uninstructed New York dele- gation that would be first for Cool- idge. Mr. Coolidge has been humi- lated primarily because of the selfish policies of his professed friends. PENSIONS FOR PREACHERS. W.th a goal of $4,000,000, the United Lutheran Church in America is mak- ing a drive for an adequate endowment fund for ministers’ pensions and re- lief. The movement is o!der than most persons realize, since it is only of recent years that churches have attempted to make such provision on a large scale. If there is one class of persons in special need of old-age pen- sions it is that of clergymen. Not only are their salaries small but they are conspicuous for making sacrifices in order that their children may have the advantages of college and university training. Moreover, contrary to the cynical tradition, ministers’ children are particularly likely to become useful and public-spirited citizens. It is to the interest of the whole community that pension funds should be establish- ed for ministers and also—as is to some extent being done—that the gen- eral level of their salaries should be raised, ne - ”~ February 15, 1928 MICHIGAN TRADESMAN 9 OUT AROUND. Things Seen and Heard on a Week End Trip. As I drove through the main busi- ness street of Lansing last Saturday afternoon, crowded to capacity by vehicle traffic and street cars, I was reminded of the fact that I was in Lansing nearly forty-seven years ago when the civilized world was shocked by the news that President Garfield had been shot by Charles Jules Guiteau at the Baltimore & Potomac depot on the morning of July 2 while he was on his way to deliver the commencement address at ‘Williams College. I was in Lansing at the time to represent the Daily Leader at the greenback camp meeting which was being held at the fair grounds in that city. The news was so overwhelming that it was uppermost in the minds of all present and superceded all thought of party and party issues for the time being. The regular afternoon pro- gramme was wholly forgotten and the speakers scheduled for that session de- voted their time to praise of the Presi- dent and denunciation of the assassin. General Weaver, who was twice the unsuccessful presidential candidate of the greenback party, made the welkin ring with praises of the martyred President. I recall that at the time I heard the impassioned remarks of Weaver I was reminded of the panegy- ric Garfield uttered in New York on the occasion of Lincoln’s assassination in 1865, ending with the memorable words: “The President is dead, but the Republic still lives.” One of the most distinguished speak- ers at the camp meeting was Gen. West, of Mississippi, who had been a noted cavalry officer in the civil war. He made several brilliant addresses, one of which was devoted to the out- come of.the civil war. I distinctly re- call the closing words of the latter address: “It was not Northern valor which brought victory to, the North. It was not Southern weakness which brought disaster to the South. It was the genius of the Constitution.” These words, delivered with great earnestness by a man of matchless eloquence and commanding appearance, have been ringing in my ears for nearly fifty years. No one who has been familiar with Lansing for half a century can fail to commend the progressive spirit which has served to make Lansing a great and growing city. In no way is this wonderful spirit more fully exemplified than in the benefactions of. Moore, Durant and others. The greatness of Mr. Olds is shown quite as much in his interest in banking and hotel develop- ment as in the creation of one of the largest automobile establishments in the world. Another unfailing indica- tion of his greatness is shown in the character of the men with whom he surrounds himself in all his undertak- ings. Lansing has had many brainy men at different stages of her develop- ment, but I am told that Mr. Scott, the master hand and directing force of the Reo plant, is one of the few really great men in Michigan. My real reason for visiting Lansing last Saturday was to make good on my promise to O. H. Bailey that I would see him at least three times before the convening of his State grocery conven- tion in April. A call at his grocery store on Ionia street disclosed the fact that he had been confined to his home for a week by illness. He had so far recovered from his indisposition as to be able to see his friends and we spent a pleasant half hour in one of the most complete and comfortable homes it has ever been our pleasure to inspect. Mr. Bailey has a fine collection of stuffed birds. Included in his collection is a fine specimen of the traveling pigeon which has recently become suddenly extinct, without any known cause for the circumstance. Mr. Bailey and his wife are very fond of their home, as they have reason to be; also their three children and a grandchild, who is the idol of the family. The Bailey grocery store and meat market are just what I expected to find from my knowledge of the man— clean, wholesome and well-kept. The elder son is the father’s chief assistant in the grocery department. Mr. Bailey owns a two-story brick building, leas- ing an extra store to a druggist. A banker on whom I called during the day told me that Mr. Bailey had out- standing assets to the amount of $100,- 000 and that he was very generally re- garded as one of the coming men of Lansing. All of which goes to show that the members of the Retail Grocers and Meat Dealers’ Association made no mistake when they elected him their standard bearer a year ago, be- cause he stands for all that is progres- sive and praiseworthy in merchandis- ing; all that is admirable in civic life; all that is pure and wholesome in so- cial circles and family environment. I hope the Association can always be so fortunate in the selection of their pre- siding officers. I regret that Martin C. Goossen was not in his store when I called. I have known Martin fifty-one years. In 1877 he was a clerk in the crockery store of M. R. Bissell, who subsequent- ly engaged in the retail grocery busi- ness in Grand Rapids, which he con- tinued for about twenty years. His store in Lansing is very popular, be- cause Martin is a worker from Work- ville and watohes every detail of his business with care and thoroughness. Martin has had his full share of ups and downs, ‘but never stays down long, because he refuses to admit the word failure to his vocabulary. He has one besetting sin which I was in hopes he would banish as he grows older and meets business prosperity—he never forgets the unpleasant experiences of the past. Instead of passing them up as ancient history—too trivial to be nursed and cherished—he rakes them up on the least provocation. This sort of thing is not conducive to either peace of mind or lasting friendship. I commend to Martin a careful and prayerful perusal of Charles W. Gar- field’s article on the Value of a For- getter in the Tradesman of Feb. 1. If Martin will do this and act on the ad- vice of the illustrious gentleman who penned the wonderful words contained in the article, he will immediately and permanently increase tenfold the es- teem in which he is held by his friends. Last week Mr. Verbeck announced that George Crocker, Manager of Ho- tel Olds, had turned in a balance sheet to investors in that institution which was highly satisfactory, viewed finan- cially as well as various other angles. Now he has been named a member of the operating committee of the Le- land Hotel Corporation, which con- ducts the following prominent hotels: Detroit-Leland, Detroit; Mansfield- Leland, Mansfield, Ohio; Aurora-Le- land, Aurora, Illinois; The Bankhead, Birmingham, Alabama, and the Lan- sing Olds. Mr. Crocker will retain the active management of the Olds, just the same. Congratulations, George. It takes the real simon-pure Michigan product to get to the front. E. A. Stowe. ——_>+>—____ How the Pantlind Hotel Received Its Name. James Gallup was a prosperous own- er of a drug store sixty-five years ago. It was located opposite the main en- trance of the Hotel Pantlind. A popu- lar chemist, John McIntyre, was his assistant. Mr. Gallup was active in the work of the Park Congregational church. Not infrequently he conduct- ed the services for pastors of outlying churches. Rev. Dr. Smith had preserved a bar- rel full of sermons during the thirty years of service he had rendered to Baptist churches. When he quit he remarked, “I have given the Lord the best of my ability. I must spend my remaining years in service for myself.” Mr. Gallup often called at Dr. Smith’s house and selected from the barrel such sermons as appealed to his fancy. Mr. Gallup, with the aid of former Mayor Henry S. (iSalaratus) Smith and other influential friends, obtained an appointment as postmaster of Grand Rapids. He sold the drug store to Charles W. Mills and James D. Lacey. Laurens W. Wolcott, a young law- yer, married Gallup’s only daughter and parked himself at the Gallup home- stead to remain to the close of his life. Wolcott incurred the displeasure of Nathan Church, publisher of the irony, invective and abuse. Wolcott was given a roasting which one could never forget. Church contemptuously dubbed the subject of his wrath “Bonnie Annie Laurie Wolcott.” Times. Church had an essence of Mills & Lacey carried on the busi- ness profitably a decade or more and also organized the Mills & Lacey Manufacturing Co., which engaged in the business of compounding embalm- ing fluids and dealing in supplies of various kinds for undertakers. In this branch of their business the firm was pre-eminently successful. Later the firm added the importation of tropical products to their activities. Mills was stricken with yellow fever while so- journing on an island in the South Atlantic and died. Mention of the Hotel Pantlind serves to recall the fact that J. Boyd Pantlind seriously objected to the use of his cognomen when it was proposed by the Old National Bank, which had ac- quired Sweet’s Hotel, to change its name. George '‘C. Peirce, who repre- sented the bank and had supervised the remodeling of the hotel, explained that the bank wished to honor A. V. Pant- lind, an uncle of Boyd’s, in naming the Hotel Pantlind. In the light of this explanation, Boyd acquiesced in the plan. John McIntyre was a merry lad. When Mr. Gallup sold his drug store Mac found employment jin the capacity of a traveling salesman for Randall & Hawkins. He played many practical jokes on friends. In the year 1878 the city of Muske- gon desired connection with the world at large by rail. A vote on an issue of bonds to provide for the construction of a railroad from Muskegon to Ferrys- burg carried and in due time the pur- pose of the city was accomplished. McIntyre traveled over that road often. ‘On one occasion he remarked, “See how easy it is to beat the con- ductor. The fare to Ferrysburg is 40 cents. I will hand him one at a time, The conductor will not examine the coins before put- pocket: A few minutes later the conductor appeared and pocketed the twelve cents Mac had dropped in his hand without looking at them. Arthur Scott White. four three cent pieces. ting them in his eee Should Be Read By Every Merchant. Wyoming Park, Feb. 13—I enclose copy of Hon. Clyde Kelley’s speech delivered Jan. 6 on a Square Deal price policy. I think it is very good. It be- ing too long for publication, I would be pleased to have vou make editorial comment on it and invite your readers to write to their congressman for a copy. Paul Gezon, Sec’y. The speech referred to by Mr. Gezon contains the best analysis of the situa- tion regarding chain stores which has ever been made. The speaker under- takes to describe the outcome of the chain store as it now exists and the crisis which will be created by the chains of department stores now com- ing into existence. The conclusion he draws from the situation is that price maintenance—enacted by the Govern- ment and enforced by he Federal courts—is the only cure for the malady. No merchant, either wholesale or re- tail, should refrain from reading this remarkable document. > > _- Corporations Wound Up. The Michigan tions have recently filed notices of dis- following corpora- solution with he Secretary of State: Moe Bridges Co., Detroit. D’Arcy Advertising Co., Detroit. P. L. Graham Co., Ltd., Croswell. Holland-Sentinel Publishing Co., Hol- land. Capitol Advertising Agency, Lansing. Brighton Realty Company, Brighton. Sauzedde Wheel and Brake Co., Mount Clemens. Men's Service Station, Detroit. General Mosaic Co., Detroit. Caball and Jackson Farms & Hatcher- ies, Hudson. Electrical Jobbers Catalog Co., Rapids. Artesia Water Corporation, Detroit. S EREIIEIiatine caiman the leaves, the kiddies are going to get started with their wheeled toys. A well planned auto or scooter race will met some worth while business along these lines. Plan now and be ready when the sea- son arrives. rrand As soon as snow 10 SHOE MARKET Applies Factory Methods in His Shoe Store. Experience gained as benchman in a shoe factory, as a foreman and super- intendent and as a president of a shoe manufacturing company, forms the background for W. J. Muckle in his retail shoe business. Knowledge of the shoe business in all its different phases, thus gained, is of inestimable value and is sufficient reason why Mr. Muckle has made such a great success in his business and why he is regarded as an authority on shoes by all those who know him. When his colleagues are in doubt about technical matters concerning shoes they often ask Mr. Muckle, who invariably does all he can to help out. This has brought him many friends, who, in respect for him, have elected him president of the Wisconsin Shoe Retailers’ Associa- tion. Into his store at 4401 North avenue, Milwaukee, Mr. Muckle introduced many of the systems of keeping check of shoes that were used in factories. The use of them were well known to him and he at once recognized their value in the shoe retailing business. He has an entry by which he can check every pair of shoes in the house, locate them, and be able ‘to tell, after a busy day, in a very few minutes, just how many shoes he sold, what size and style they were; color, whether they were on the shelves or in stock, how much was paid for them, and the profit. “This system was proven to be of incalculable value to me in my busi- ness,” said Mr. Muckle. “It saves a great deal of time and trouble, elimi- nates the need of inventory and helps me keep my books in shape every day in the year. By this system, also, I know just what kind of shoes I must order and what type of shoe sells best at different times.” To go with the books, special stock boxes are arranged along the shelves. These are all of the same kind, gray in color, heavier and much more durable than the ordinary shoe box. These are for all individual styles and num- bers and correspond with the sheets upon which the whole system is based. The sheets, themselves, are very simple. At the top is written the type of shoe, style number, cost and retail price, from whom bought and when, to all of which is added each morning the profit on the previous day’s busi- ness. Below are a number of squares, numbered according to the numbers of the shoes, from one to 13% and from one to two, all sizes thus being given. Under each of these sizes are more squares in which are filled in the num- bers of pairs in stock on the shelves and in the stock room. Each sale made means one pair checked off from one of the squares. Efficiency exemplified in this way, however, is extended to the other angles of the business. Mr. Muckle knows that in the shoe retailing busi- ness as well as in any other, to be successful you must put on a front, so to speak, and lay all your cards on the table. You stake all you have on MICHIGAN TRADESMAN the knowledge that your product is the best that can be ‘bought for your price. The medium through which you do this is your window. All along North avenue, the most prosperous district in the Northern part of Mil- waukee, business men do this and the best proof of their success is the fact that they are prosperous. The W. J. Muckle Shoe Store show window is one of the most attractive on North avenue. The store faces on two streets and thus more show space is allowed. There are two windows, one of which faces on the two streets. In this are displayed the various grades of women’s footwear in tiers and on glass bases. As a background for this there are crystal glass panels behind, serving as a wall for the show window, and numerous cut glass vases with artificial flowers which are changed according to the seasons. “Most of the business done is fam- ily trade,” said Mr. Muckle, “cultivated through years of conscientious dealing. I manage to hold all my customers. Some of the first to buy here when I first opened in 1923, are buying from me now. I know my customers by name because they like to buy at a place where they are _ considered friends. Friends thus cultivated are a boon to the retailer and assure him of a regular patronage. There is no gamble in a business of this kind.” A business which deals most with family trade must do a lot of advertising in papers and publi- cations that are published for the wel- fare of the community. “The Scroll,” a high school paper is the best me- dium, according to Mr. Muckle. Par- ents of the children are interested in their paper and patronize advertisers listed in it. Direct mail advertising in the form of circulars has also been productive to his shoe store, according to Mr. Muckle. As he deals only in family trade, Mr. Muckle does no city wide advertising and rarely goes out of his district except insofar as it inter- ests his community. “In the last few years, especially the last,” says Mr. Muckle, “I have noticed that people buy shoes more frequently than when I first opened my store. Whereas before a man bought a pair of shoes and wore them until they were useless, he now buys generally more than one pair. First there is the so-called ‘Sunday and holiday’ shoe and second, the ‘every day or working’ necessarily shoe. Usually, the ‘Sunday’ pair is a much finer grade of shoe than the other. This has caused us to have in stock two grades of shoes. That would explain a half of the greater shoe sales in the last few years. Another rea- son is that young men and women take a very great interest in neat appearance of shoes. They buy much more often than the older people. Children’s shoes, of course, have always been good sellers due to the way they use and abuse them while playing.” ea The Wisconsin cobbler who fore- casts the weather with the aid of an onion is again on the job. According to his prognostication, there will be eight wet months in 1928. That will give prohibition agents four months in which to rest, January Footwear Sales Behind. Reports indicate that the gross busi- ness done in footwear during January fell somewhat behind that of the same month last year. The bulk of the loss was attributed to the slow movement of rubbers and other protective foot- wear, which was due to the lack of snow. The relatively small decline in sales of leather footwear was held due to the emphasis put on orders for shoes for pre-Easter shipment at the expense of those for “at once” delivery. Further indications are that last year’s piling up of orders in the three or four weeks immediately before Easter will be duplicated. If last Easter’s volume can be done in this way, however, wholesalers will have little to complain about. . —— +o Crystal For Shoe Ornaments. The vogue for Chanel crystals has reached the shoe field. One of the large jewelry houses is featuring a new line of shoe ornaments to replace the conventional buckle types. These items are made up in various sizes and a wide range of modernistic designs. The stones used are quite large and are set in a white metal composition smoothly ‘finished throughout to pre- vent any injury to sheer evening hose. These ornaments are being sold also in sets with dress pins, necklaces, bracelets and belt buckles. a Dress Stocks Need Balancing. In handling their dress departments retailers need to give greater attention than ever before to balancing the stocks carried, according to opinions expressed yesterday. The greater range of consumer choice and the wide variety of types offered in the whole- sale market were described as com- pelling factors. For example, there are at present day-time, afternoon, sports, tailored, informal and dressy evening frocks being offered. This listing does not include garments for little women and the half-size dresses, which are becoming increasingly important. —_2>2>—_____ Offers Metaliic Printed Fabrics. A novelty in cotton goods featuring gold and silver printing on fine-stripe grounds has been put out by Pacific Mills. The line printed in gold is of- fered in green, tan and blue, the print- ing being superimposed in nail head design. The silver line, which is simi- larly printed, is shown in lavender, green and purple. These fabrics, which February 15, 1928 are guaranteed color fast, are especial- ly adaptable for use in shirts. They have been used for this purpose for the first time by the Commercial Shirt Corporation. —_++>____ Modernistic Trend in Lamps. The modernistic note is strongly emphasized in the new lamps being offered for home decorations. Bases and shades are featuring the simple, irregular lines characteristic of this art. Torchiers, which lately have been meeting with an expanded demand, particularly show this treatment. Sales of the merchandise are expected to be good, as more consumers acquaint themselves with the new trend and its possibilities in producing ensemble ef- fects in home decoration. MEN’S GENUINE CALFSKIN OXFORDS to retail at $5.00 and $6.00 are features of our new line for spring. Write for samples or salesman. Herold-Bertsch Shoe Co. Grand Rapids, Mich. Manufacturers of Quality Foot- wear since 1892. MICHIGAN SHOE DEALERS MUTUAL FIRE INSURANCE ComPANY LANSING, MICHIGAN Prompt Adjustments Write L. H. BAKER, Secy-Treas. P. O. Box 549 LANSING, MICH. + “ ’ i | ‘ } ~- a » j j < ' ~ | , % * k wo ¢ & < . 4: a * « w « ~ « | ae i 4 i - i i a je q @ « i ! a * i ‘ wud i February 15, 1928 MICHIGAN TRADESMAN 11 Dedicating a Henhouse With a Dance. These barn dances came off before 4% Vy Grandville, Feb. 14—-Who says farm- ers do not have their fun? They cer- tainly should have good times if any- body in the wide world is entitled to enjoyment. Seed time and_ harvest come and go and the tiller of the soil goes merrily on. Those of happy disposition and fair intelligence are making good right along, as many well groomed farm lots testify to the whizzing auto driver. There is no reason under the sun why Mr. Husbandman should mope in his home and cry hard times. The amusements of the farmer are rational and heaithy sports in the main, which cannot be said of the razzing, jazzing urban residents in general. In the news columns ofthe daily press we notice an item telling how a Norway, Maine, poultryman dedicates his new henhouse with a dance. Some sport that and the biddies, no doubt, felt honored by the occasion. The next we shall hear will doubtless be the dedication of a pigsty in the same man- ner. In the days of the long ago such dedications were not in order from the fact that biddy houses and swine stys were hardly capacious enough to per- mit of such carryings on. At the dedication over a hundred guests were in attendance. The do- mestic fowl seems coming into its own, while the wild ones are being rapidly wound up. Too bad, of course, about the wild fowl, but as there seems no new Curwood to come to the rescue, there is no hope of saving the day. A fruit grower has solved the prob- lem of saving his cherries from the robins and other birds by installing a loud speaker among the trees. It is said that the scheme works to perfec-~ tion. While I was on the farm I solved the bird and fruit question for myself in a very happy manner and that was before the discovery of radio. Tall poles from which dangled squares of tin so hung that the least breeze sent a terrific jangling sound through the air. The device proved a happy suc- cess and I no longer lost fruit from bird cribbing. Not a bird was ever killed on my premises except by pothunters from Grand Ragids who came in numbers, trespassed and destroyed all the quail. There are some people who imagine a bird has. no place on earth except to make a holiday of sport for the pass- ing of leisure time. When these people (men and wo- men) cross the river to that other land where spirit instead of common clay rules, they will know that the great All Power recognizes the feathered crea- tion equally with that of man and that the slaying of birds in wanton sport is a sin against God and man. Dancing in a henhouse is a novelty — never indulged until very recently. In the olden time, however, barn dances were not uncommon. New school- houses and sometimes residences were often hus dedicated. Not so a church, however. The cloth was too highly regarded to desecrate the new edifices erected to the worship of God to ever permit of dancing within the sacred edifice, and even the sound of a fiddle was never permitted there on any oc- casion. The violin, however, has long since lost its wicked tendencies and has won a place beside more imposing instruments. Going to a barn dance was consider- ed quite the thing in the sixties. The drive along the forest road behind a span of sleek dobbins was a part of the pleasure when you had your best girl by your side. "The most stylish rigs consisted of open buggies. At one time the only mode of conveyance was by lumber wagon down crooked roads through the dense pine woods, and the first man to get a buggy was the envied of all his friends. Buggy-riding with the girls and boys was at one time a very pleasurable experience. the horses and cattle were given shel- ter therein, although I well remember one-of these dances where the big bay and mows were filled with hay ready for the animals which could soon oc- cupy the place. The ride home after the dance, at the break of day, was pleasant in the extreme. The road, a narrow trail through the thick woods, was a ro- mantic drive with that best girl of yours. No such experience nowadays with the rush and roar of the swift- flying auto and the clang and rush of trolley cars. That Maine farmer who dedicated his poultry house with a dance had genuine natural love for nature and the good things of life. He may have remembered his early ladhood when the barn dances came in now and then to break the monotony of the wild- wood scene. At any rate it is well that the old times are being revived by such means as those adopted by this Yankee hen- raiser. One of the early lumbermen on the Muskegon erected a boarding house with a large dining room. When fin- ished the first thing to do was to dedicate the new structure with a dance. The party was a success, and that dining room wags, the scene of many dances in after times, one pro- prietress giving a weekly dance all one winter in order to give her only child, a girl of remarkable beauty, a chance to “get ino society.” The mother’s solicitude was hardly appreciated, since the girl soon after that winter’s weekly dancing experi- ence, eloped with one of the mill crew to a shanty in the woods where he twain were married by a backwoods justice and came home the next day, aboard a lumber wagon, delighted and happy. There are enough opportunities for farmers to enjoy life if they are alive to the conditions confronting them, Old Timer. —__—_ © => __ Incidents of a Business Trip to Detroit Wyoming Park, Feb. 13—At the Meat Dealers’ convention, held in De- troit, it was suggested that the new Meat Dealers’ Association hold their convention in connection with this As- sociation in 1929 and that we meet in Detroit. I stayed over in Detroit an extra day to see how the grocers of that town felt about the matter. In company with Mr. Von Schoik, of the Detroit Convention Bureau, and with F. H. Albrecht, Treasurer of our Association, we spent a calling on retailers and Michigan’s metropolis. It is certainly a city of “magnificent distances,” Jef- ferson avenue being about twenty-five miles long. We found some very nice stores and, of course, some good mer- chants who seemed interested in As- sociation affairs, Business was fair, they said, and all seemed to be holding their own against strong competition. The following new members were secured, all from Detroit: C. L. Moel- man, ‘Chas. Langley, J. Alfeltus, A. S. Keipert, McLouth Grocery, G. & G. Grocery, R. D. Mitchell, E. Deiss I think we will have an invitation from Detroit for the 1929 convention and I see no reason why we cannot go I must confess that I have neglected Detroit and I want to express my thanks to Treasurer Albrecht and Mr. Von Schoik, who so kindly showed me around the town in their cars and also gave many, many. good suggestions. There will be a large delegation of Detroit members on hand at the Lan- sing convention April 17, 18 and 19. We have the promise of E. A. Eliot, of the National Grocer Co., that he will explain to us the new merchan- dising plan they have been working on for two years. Paul Gezon, Sec’y Retail Grocers & Meat Dealers. jobbers in whole day SCHUST’S LINE MEANS -— More Sales Bigger Turnover Larger Profits, and a Satisfied Customers This Display Increases Sales THE SCHUST COMPANY ‘ALL OVER MICHIGAN” DISTRIBUTING POINTS Lansing Saginaw Grand Rapids Detroit At Ever pect H EKMAN’ 5 Cookie-Cakes and Crackers Cookie: and Crackers RY ly rm : a TN ASTERPIECES Q E THE BAKERS ART a tae > etal Hy iN ez Te | “Aral My IL a = Te. Or ae oovuniial 12 FINANCIAL Review of Business Conditions in Michigan. Written for the Tradesman. The general industry and trade of the country are on the upgrade and the outlook is encouraging. Some un- evenness has developed, but it has not reached serious proportions. Such ir- regularities as have occurred have caused little apprehension. Business seldom displays unusual activity in mid-winter and the current season is no exception to this rule. Moderate improvement in many lines may be expected during the next two months. A decided quickening in general busi- ness should take place in the Spring. Automobiles and steel are the two industries making the most satisfactory showing. Production in the steel in- dustry is stepping up rapidly and is now 78 and 89 per cent. of capacity respectively for the independent man- ufacturers and the United States Steel Corporation compared with 60 to 65 per cent. a few months ago. Increas- ed activity in these two basic indus- tries will be of much benefit to the railroads and to business generally. The outstanding event of the last few weeks was the advancement of the readiscount rate from 3% to 4 per cent. by seven Federal Reserve banks including the New York bank. This action, following as it did closely on the heels Government securities, the first aid in controlling bank credit, is generally re- garded as a move to curb speculation in securities. Some few interpret the rate increase as a means of providing adequate credit for industrial and com- mercial requirements. . The gesture in all probability was pointed primarily in the direction of stack speculation. Pro- vision of ample credit for general busi- ness needs and checking of the flow of gold to foreign countries were like- ly secondary considerations. The Re- serve banks’ action in this matter. is another favorable “factor in the eco- nomic situation. of a sale of system’s Car loadings of revenue freight dur- th ing 1e first four weeks of this year eight per cent. below the cor- The loss occurred principally in coal shipments. were responding period last year. Coal loadings a year ago were large on account of the approaching strike in the bituminous coal fields. Loadings of merchandise during recent weeks compare favorably with the same per- iod both in 1927 and 1926. ‘Commodity prices have experienced little change since the turn of the year and are holding close to the level of a The general level of prices is not expected to make any marked advance during the next few months in view of the comfortable supply of Stability of prices is another favorable element in the business out- look. Output of cotton textile mills has been running ahead of demand and production, accordingly, is being cur- tailed. Wages in this industry have been reduced 10 per cent. The lum- ber industry also has curtailed output. Continued restriction of oil production year ago. goods. MICHIGAN TRADESMAN is slowly ‘but steadily bringing about betterment in that industry. Business in Michigan is on the up- ward trend. Reports from all parts of the State show a slow but definite im- provement. Industrially, the lead is being taken by the automobile indus- try. Automotive parts and accessory factories are being benefited by in- ~ creased orders. Furniture manufac- turing has experienced some improve- ment following the recent show at Grand Rapids. Farm implement plants at Battle Creek are profiting from the improved agricultural situation. Nor- mal conditions prevail at the paper mills. Automotive factories at De- troit, Pontiac, Flint, Saginaw and Lan- sing are getting into production on the new models. The trend at Muskegon is now towards improvement. Alpena reports increased production in leather and garments. Manufactur- ing activities in Bay City are ahead of what they were a year ago. Port Huron has experienced a good pick-up recently. Two-thirds of the cities in the State report manufacturing normal or better. Few large cities are includ- ed among those reporting business conditions below normal. There is a better tone to business in the Upper Peninsula where the situation is de- scribed as being the most encouraging in several years. Lumber camps, de- spite the unusually warm weather pre- vailing through the first half of Janu- ary, are running to capacity. Opera- tions at the iron mines are holding steady and the copper situation is much improved. January production of automobiles is estimated at approximately 224,000 units, a gain of 69 per cent. over the preceding month. Difficulty is being experienced in getting necessary ma- terials. Production, however, is being increased as rapidly as possible to take care of the large volume of sales re- sulting from the automobile shows. Output for February should show a substantial gain over January. Delays and difficulties have been holding down production of the new ford car to between 250 and 300 units a day, but the way to larger production is being rapidly cleared. Present indications are that daily output at the ford Motor Company will reach 1,000 cars a day before the end of February and 3,000 veh‘cles sometime in March. Three public utility companies of the State, the Michigan Bell Telephone Co., the Detroit Edison Co. and the Consumers Power Co., will spend over $73,000,000 for expansion during 1928. Employment in Detroit has increas- ed more than 20,000 since the begin- ning of the year and is 5,717 greater than at this time last year, according to figures prepared by the Employers Association of Detroit. These figures cover approximately two-thirds of the working population of the city. Em- ployment is also on the increase in Saginaw, Port Huron, Benton Harbor, Alpena, Bay City, Jackson, Lansing, Lapeer, Newberry and Pontiac. Retail trade is spotty throughout the State. Some betterment is noted in practicallly all wholesale lines. Drugs and hardware, which have been quiet, are now beginning to pick up. Col- February 15, 1928 Kent State Bank “The Home for Savings” With Capital and Surplus of Two Million Dollars and resources exceeding Twenty-Three Million Dollars, invites your banking business in any of its departments, assuring you of Safety as well as courteous treatment. Banking by Mail Made Easy. GRAND RAPIDS NATIONAL BANK Established 1860—Incorporated 1865 NINE COMMUNITY BRANCHES GRAND RAPIDS NATIONAL COMPANY i fe Investment Securities “The Bank onthe =~ A filiated with Grand Rapids National Bank Square” AUDITS -SYSTEMS-TAX SERVICE’ LAWRENCE SCUDDER & Co 924-927 GRAND RAPIDS NAT’L BANK BUILDING, GRAND RAPIDS, MICH. 313 PECK BUILDING, KALAMAZOO, MICHIGAN 452 W. WESTERN AVE., MUSKEGON, MICH. New York - Chicago - St. Louis - Washington - Philadelphia - Boston Only When Helpful THE “GRAND RAPIDS SAVINGS BANK” feels it is “SERVING” only when the things it does for its customers are helpful to them in their financial affairs -- business or personal. Rendering banking service along broad and constructive lines for 56 years has established this institution in the confi- dence and esteem of business houses and individuals throughout all Grand Rapids. GRAND RAPIDS SAVINGS BANK “The Bank Where You Feel At Home’’ MAIR screen wa February 15, 1928 MICHIGAN TRADESMAN 13 lections are fair. Future prospects are brighter for both wholesalers and re- tailens. ‘Wayne W. Putnam, Director Public Relations, Union Trust Co., Detroit. ———_»+ ++ Why Fixed Trust Shares Are Popular ‘Since the popularity among security buyers of investment trust shares has been demonstrated, much has been demonstrated, much has been heard of the merits or demerits of the two principal types. ‘Some who have studied the situation feel the management type of trust fails to set up sufficient safeguards for the investor’s funds. Others believe the rigid, or fixed, trust is handicapped in not being able to make changes in its portfolio if one of its securities should collapse. To safeguard the investor, therefore, fixed trusts must use every precaution to select only such securities as will give the highest degree of stability. The management is in the position of the life insurance actuary in weighing the qualities of stocks or bonds that go to make up a unit to be held by a trustee against which certificates are issued. When it has selected stocks of the highest rating it has met its chief criticism. The investor knows at all times what securities are behind his certificate. Probably the most important feature of a rigid trust, after careful selection of its portfolio, is establishment of a reserve fund to stabilize dividends. This was a point stressed by Attorney General Ottinger in his recent report. The conservatively managed fixed trusts have arranged for setting aside an amount at the start to be known as a fund for equalizing dividends. To this reserve additional sums may be diverted) from income above ordinary dividend requirements. Certificate hold- ers are entitled to share in this reserve pro rata, of course, and the market price of the certificates reflects this participation. Moreover, this reserve fund is strengthened by the fact that most well-managed companies constantly are building up surpluses for stock- holders, thus bolstering shares in the trust’s group. This double insurance not only provides a safety margin for dividends but holds out promise of extra disbursements when reserves be- come larger than necessary. Ready marketability is a quality to be desired in both management and rigid types of trust certificates, for al- though fixed trust certificates) cus- tomarily are convertible into securities that underlie the outstanding shares, not every investor would want to take this method of turning his holdings into cash. Either the firm sponsoring the trust or the trustee would be prepared, therefore, to purchase certificates at their net market worth, including the pro rata share in the reserve fund. It is not necessary to sell fixed trust shares to raise cash, as a rule, how- ever, for many banks will accept cer- tificates as collateral for loans up to 70 to 85 per cent. of their surrender value when the underlying securities are known to be readily marketable and high grade. These are some of the points to be kept in mind in considering trust cer- tificates of either type for investment. William Russell White. ——- >< -- Stocks Yield Less Than Bonds. The stock market’s persistent rise since June, 1921, has swept the yield on industrial common shares down to the lowest level since before the war and made stocks in a sense dearer than bonds. A new calculation shows that the yield on 33 high-grade common indus- trial stocks on February 1 touched a new low at 4.63 per cent., which almost cuts in half the yield of 7.95 per cent. offered by the same stocks in June, 1921. It means that the yield on the best industrial issues now is lower than that of high grade industrial bonds. On February 1 industrial stocks yielded 4.63 as against a return on in- dustrial bonds of 4.73. ‘These computations naturally are based on the best quality of dividend paying common stocks, and would not apply to poorer issues. The situation nevertheless has focused ‘Wall Street’s attention on prices. With the fall in stock yields virtually to the level of time loans, the conclusion is suggested that advances from present quotations will be increasingly difficult. In any prediction on ithe future of the: stock market this consideration is important. The decline in stock yields has been substantial and: persistent for nearly seven years, but at the new low yield levels dividends now are in com- petition with loan rates. Many large individual investors and many institutional investors are in a liquid position. Some for two years have felt uncertain about the market. Others have liquidated their holdings within the last few months and now await a favorable opportunity to buy in again. The substantiai volume of funds held on tap in anticipation of the market’s decline will help to offset the pressure for lower prices. To what extent they will check 2 downward movement, when and if one should start, is a question nobody can answer. While the shrinkage in stock yields presents a condition that now gives in- vestment authorities food for thought, it is not one to bring alarm. After all the old yields on common stocks probably never will be restored. With- in a few years it doubtless will have become plain that the best shares have passed permanently on to a higher price and lower yield level. Paul Willard Garrett. [Copyrighted, 1928] —_—_--2_____ It is always a pretty good plan to tend to your own business, but it also pays to keep an eye on your competi- tors. Read their advertising and watch their methods and profit by them when possible. Electric light is popular because it is always there, ready for action. Link, Petter & Company (Incorporated ) Investment Bankers 7th FLOOR, MICHIGAN TRUST BUILDING GRAND RAPIDS, MICHIGAN MUNICIPAL BONDS SILER, CAIRPENTIER & IROOSIE 1039 PENOBSCOT BLDG., DETROIT, MICH, Phone, RANDOLPH 1505 360-366 SPITZER BLDG., TOLEDO, OHIO Phone, ADAMS,5527 Investment Securities E. H. Rollins & Sons Founded 1876 Dime Bank Building, Detroit Michigan Trust Building, Grand Rapids New York San Francisce Boston Denver Chicago Los Angeles If You Leave No Will - - - WHAT THEN? GRAND RAPIDS TRUST CO. Grand Rapids, Michigan 14 MICHIGAN TRADESMAN February 15, 1928 MUTUAL FIRE INSURANCE Iron Safe Clause in Fire Insurance Policies. I have just finished reading a de- cision of a United States Circuit Court of Appeals on the iron safe clause of fire insurance policies. You are prob- ably more or less familiar with that; it is contained in all fire insurance policies on stocks of merchandise, fixtures, etc., and binds the insured to keep adequate books, to keep them in an iron safe except in business hours, and to make regular inventories. Going a little more into detail, the “Sron safe clause” requires the insured to take a complete itemized inventory of stock on hand at least once in each calendar year, and, unless one had ‘been taken within twelve calendar months prior to the date of the policy, to take one within thirty days of the issuance of the policy; and the insured is required to keep a set of books which will clearly and plainly present a com- plete record of business transacted from the date of the inventory, and to keep them in an iron safe except in business hours. Failure to comply with this clause voids the policy. I suppose more suits to recover fire insurance have grown out of this clause than out of any other part of the policy. Unquestionably this clause is a fair insurance regulation. After the destruction of a stock of goods by fire confusion is almost certain to arise over what was burned and what its fair value was, and what was not burned, anl what was its fair price. Reaching a just conclusion is hard, even with all data before you, but with the books kept as too many merchants keep them, and possibly left out on the counter and burned up in the fire, it is yell nigh impossible to reach any con- clusion at all. The insurance com- panies are right in insisting that the insured should be able to support his claim of loss by the proper kind of evidence. Most of the cases that arise under this clause arise not because the books weren't kept in an iron safe, but because the records or the inventory weren’t kept in a proper way. Some cases have arisen, however, out of failure to use the safe, and the courts hold that that invalidates the policy and makes the insurance void even though the books weren’t burned. In the case I am describing, the holder of the policy got through all right, but he had an expensive law suit and what is more, he might have failed, and if he had failed he would have lost over $13,000 insurance. Now, in order to show readers how courts look on the iron safe clause, and what is required under it, I shall re- produce this extract from the decision: It is contended that there was a breach of the iron safe clause because the inventory and books do not com- ply with the warranty of themselves and therefore their sufficiency was a question for the court and should not have been submitted to the jury. It appears that the insured had made three inventories, one on January Ist, one on June 26th, and one on Decem- ber 22d. The policies were issued be- tween May 26th and April 20th, so that the inventories were sufficient to con- form to the warranty in point of time. As might be expected where a regu- lar book-keeper was not employed, the inventories and the books were some- what crude and ambiguous. Samuel Jass testified as to the methods of do- ing business and keeping the books, and also that the books had been turn- ed over to Pennington, an expert ac- countant recommended by the insurer, to make a statement. Pennington testified in substance that the books. checked accurately with the railroad records and evidence from other sourc- es and were sufficient to enable him to determine accurately the amount of goods on hand at the time of the fire. So this case came out all right, but hundreds of cases, according to the books, did not, and the policyholder lost everything he had. Isn’t it re- markable that business men will take any chances with such an important matter? Literally it is often a matter of business life or death. I have per- sonally known of cases where business men who had suffered a fire had all they owned invested in the business, and having no insurance, or losing what they had, they had nothing what- ever left to begin again. It is like going where your life may depend alone on a life preserver, yet letting all the cork leak out of it. Business men now have two checks on their book-keeping habits which they formerly did not have, the need of filing an income tax report and the iron safe clause in their policies. These checks have very greatly improved business habits, particularly those of small and medium sized merchants who are apt not to be too careful in their inventorying and their book-keeping. Elton J. Buckley. [Copyrighted, 1928] > 2 -o- —__ Place Bathing Suit Orders. Buyers of bathing suits are placing larger advance orders this season, hav- ing in mind that they were caught last year with a demand for new models and had only staple lines in stock. Two piece styles are in biggest demand. Women’s garments in gay colored shirts with dark trunks are leading. In men’s suits, white shirts with navy trunks are wanted almost exclusively. In the children’s lines, the one-piece suit made up to look like the two- piece garments are outselling the plain colored models. aanerninntinneli martian eerie Ribbon Novelties Selling. The use of ribbons for made-up nov- elties continues to gain and accounts for a substantial yardage consumption. Some of the newest items include cases for hosiery, handkerchiefs and gloves. Wide ribbons are employed and are so folded and sewn that a case is formed. Satin, moire and taffeta numbers are used in hand-painted, embroidered, lace-trimmed and plain effects. For Easter selling handkerchiefs and rib- bon garter sets are active, the former being of georgette in shades to match the garters. —_»>-->—___ He’s Busy at 105. Business looks good to Sam Pep- pethal, a 105-year-old man of Toledo, Ohio, who has never taken an auto- mobile ride, talked over a telephone or heard a radio. He is planning to sell more brooms in a door-to-door canvass in 1928 than he has ever sold before, Merchants Life Insurance Company RANSOM E. OLDS Chairman of Board WILLIAM A. WATTS President Offices: 3rd floor Michigan Trust Bldg.—Grand Rapids, Mich. GREEN & MORRISON—Michigan State Agents Class Mutual Insurance Agency C.N. BRISTOL H. G. BUNDY A. T. MONSON “The Agency of Personal Service” INSPECTORS, AUDITORS, STATE AGENTS Representing The Hardware and Implement Mutuals— The Finnish Mutual — The Central Manufacturers’ Mutual and Associate Companies. Graded dividends ot 20 to 50% on all policies accord- ing to the class of business at risk. FIRE - AUTOMOBILE - PLATE GLASS 308-10 Murray Building Grand Rapids, Mich. Affiliated with The Michigan Retail Dry Goods Association An Association of Leading Merchants in the State THE GRAND RAPIDS MERCHANTS MUTUAL FIRE INSURANCE COMPANY 320 Houseman Bldg. Grand Rapids, Mich. OUR FIRE INSURANCE POLICIES ARE CONCURRENT with any standard stock policies that you are buying nerecotis 3 O% Less Michigan Bankers and Merchants Mutual Fire Insurance Co. of Fremont, Michigau WILLIAM N. SENF, SECRETARY-TREASURER anes — — * E v4 ~ ae : ‘ Le « 4) 4 Pit *, ‘ < + CY < < - . oe a] >» February 15, 1928 Steel Reflects Trade Pickup. Real evidence that a substantial up- turn in business is under way lies in this week’s figures on steel operations. The financial district has reserved its judgment on the significance of recent tendencies but those on the inside. of the steel industry look upon the cur- rent movement as one of substance. If the Steel Corporation’s unfilled orders to be published to-morrow show a January gain of 300,000 tons—and the financial district confidently ex- pects that—the corporation’s future business would reach 4,272,874 tons. Such a total would tower above any shown during 1927, and would repre- sent a 40 per cent. increase since last May. Specifically it would lift the un- filled orders 1,221,933 from their 1927 low of 3,050,941 eight months ago. Not the least interesting feature of the improvement is the interesting tendency to contract ahead in the steel business. While future requirements even now are not anticipated more than three months in advance, the trend differs from that in the industry during the last year. Plainly the up- turn in steel prices since last October, when the low point was reached, has stimulated this future business. It is suggested that another increase will come in the not distant future. Further evidence of what is going on may be had from an examination of the steel ingot figures. Since the daily average of ingot output reached its low for the year in November at 119,300 tons the rate has stepped up smartly. A 26 per cent. increase in steel ingot production in January—exceeded only by that of a war month, March, 1918 —lifts the total to a January average of 152,304 tons daily. Here are plain enough signs of an improvement in one of the two major industries whose 1927 recessions slow- ed down business in that year. Pre- sumably it reflects an increased de- mand from various sources. It does not reflect simply the pickup in the motor industry. Early records suggest that building operations in January were close to a record for that month. If the present signs of an improve- ment in the steel industry reveal a con- dition that will be sustained those who predicted greater prosperity for 1928 than 1927 will not be disappointed. Paul Willard Garrett. [Copyrighted, 1928] —_—_».+> Progress Being Made in Forestry. The report of the New York State Conservation Department, showing work done in 1927, is of value to the people of Michigan because it shows ways and means that could well be used to lay a broader foundation in our State for the welfare of us all. One item concerns an amendment to their 1926 forest tax law to eliminate a re- strictive feature which is well out of the way. The law as it now stands is quite broad in its provisions and has the definite aim to secure permanent forests under adequate control and the rules of good forestry. It is apparent that they have the problem of aban- doned land in their State and the Con- servation Department is encouraging towns, school districts and counties in MICHIGAN TRADESMAN efforts to take over abandoned lands and use them for community forests, forty-seven new ones having been es- tablished in 1927. All told, there are now 269 in the State, containing a total of 17,125,950 trees. The New York Department has in its charge growth studies on 334 sample plots in forest plantations throughout the State. There will be a study and finding of results at five year intervals to provide accurate data as to growth and yield. In 1923 and following years the de- partment furnished trees for demon- stration plantation and in the Spring of 1927 signs were placed to mark ninety-six of the most successful of the 1923 and 1924 plantations where located on well traveled roads in thirty-two counties. It seems evident that encouragement of community forests and the dissem- ination of knowledge through demon- stration plantations secures a better understanding of reforestation and the usefulness of good forestry. The effect of it is evidenced in some degree by the number of trees amount- ing to 10,484,830 bought by individuals for planting in 1927 on private hold- ings. Total use in all ways in 1927 of trees produced by the State nurseries amounted to 23,375,502. It is well to study the progressive spirit of other State Conservation Departments, so as to determine wherein our Depart- ment can do effective work along the same line. ‘Our Michigan latest pub- lished report shows that in two years covered by that report, 249,888 seed- lings were supplied gratis to various organizations of a public or quasi- public nature. A table at the head- quarters office seems to show that there is no plan to make gifts of trees to committees with the design to en- courage the taking over of unused land for town, school district and county reforestation projects. It would seem that in view of the unused land in Michigan the fullest possible encouragement should be of- fered by our Conservation Department to community forests and in that way bunch their hits in giving away trees to projects wherein the New York ex- perience seems to show they do the most good. Frederick Wheeler, President Michigan Forestry Ass'n. ——>-e-2.____ Hides, Pelts and Furs. Green, No: tooo 18 Green, No 2 14! GCurcd Ne. fe 19 Curse Nooo 2 ae 38 @alskin. Green, No. t oo 25 Calfskin, Green, No. 2 ____________.. 23% Calfskin, Gnured Not 22 26 Calfskin, Cured, No. 20.0101) ogy EEOPRG, NOe Te ie 6.00 Horse; No. 2 se 5.00 od Pelts. i Fee ee ee ea Shearines = 2 oo es OeOr ‘a Tallow. ETE ee 07 oat we INO. 2c 06 Wool. Unwashed,. medium _.._..- @33 Unwashed, rejects ~-___.-_________ @25 Unwashed, fing eae Fox. ING. © Davee 2 $15.00 ING. 1. Medina 12.00 ING) Eo Sige ee a 10.00 Skunk. No, 2 _. ~-$2.00 No. 2 1.50 No. 3 1.00 No, 4) 2. -50 —_>-~——___ A woman’s guest is usually a con- quest. 15 Chicago First National Bank Building on Davi Investment Bankers GRAND RAPIDS Grand Rapids National Bank Bullding Phone 4212 Detroit 2056 Buhi Bullding VINKEMULDER COMPANY Grand Rapids, Michigan Distributors Fresh Fruits and Vegetables Now Offering: Cranberries, Bagas, Sweet Potatoes, “Vinke Brand” Mich. Onions, Oranges, Bananas, etc. THE TOLEDO PLATE & WINDOW GLASS COMPANY MIRRORS—ART GLASS—DRESSER TOPS—AUTOMOBILE—SHOW CASE GLASS 501-511 Ionia Ave a All Kinds of Glass for Building Purposes nue., S. W. Grand Rapids, Michigan MICHIGAN BELL T ELEPHONE CO. Long Distance Rates are Surprisingly Low »»- For Instance fr] 40 You Or Less, After 8:30 P. M., can call the following points and talk for THREF MINUTES at the rates shown. Rates to other distant points are proportionately low. From Night Gran d Rapi ds to: nasal specu BALTINORE, MB. __.__..____ $1.20 JTERSEY ClEY, No fk. 1.40 KANSAS CIETY, MO. ...... 1.30 NEW HAVEN, CONN. ___----------- 1.40 NEW YORK. N. ¥. _._._.._ 1.40 PHILADELPHIA, PA. ____-._._-____ 1.30 ROCHESEFER N. ¥- ._... 1.00 SE. EGUIS M@. 1.00 WASHINGTON D.C. ...____.._ 1.20 The rates quoted above are Station-to-Station night rates, effecti ve from 8:30 p. m. to 4:30 a. m. A Station-to-Station call is one that is made to a certain tele- phone , rather than to some person in particular. If you do not know the number of the distant telephone, give the operator the name and address and specify that you will talk with “anyone” who answers at the called telephone. Day rates, 4:30 a. m. to 7 p. m., and evening rates, 7 p. m. to 8:30 p. m., are higher than night rates. A Person-to-Person call, because more work is involved, costs more than a Station-to-Station call. The rate on a Person-to- Person call is the same at all hours. Additional rate information can be secured by calling the Long Distance operator — { 16 MICHIGAN TRADESMAN February 15, 1928 MERCHANDISE CONTROL. Restricted Buying Frequently Leads To Starved Store.* The topic of Merchandise Control is not a particularly popular one among hardware men. They regard a slow moving stock as a necessary evil and let it go at that. It will be my effort to show that the slow moving stock is not a necessity and that the condi- tion can be corrected by simple, con- venient and inexpensive method of control. : Many of you are familiar with the figures showing the earnings of chain stores, profits of which in many cases approximate 10 per cent. of the sales and, in a few, frequently exceeds 10 per cent. It is my belief that if these chains had as slow a stockturn as hard- ware stores and occupied as much space for their stock in proportion to sales, they would not make a larger profit on their investment than is now made in the average hardware store. That profit has been varying between 2 and 4 per cent. on sales and 7 and 9 per cent. on investment in the past few years. Stockturn in the hardware store in the past few years has been varying from one turn in 136 days to 139 days, while the general merchan- dise chains will turn over the stock in approximately forty days. In the older days of merchandising when rentals were cheap, when cred- itors were satisfied with getting their money once a year and when there was no such thing as style in hardware, the matter of merchandise control was not a particularly important one for the hardware men. Now, one of the important expense factors is rent, interest is charged on over due accounts and the style ele- ment is becoming more and more im- portant day by day. The older ways of doing things were suitable to their time—the newer time demands new ways. At one time a merchant could re- member everything he had in stock. I know of one hardware man who, when he had a total fire loss and no figures from which to compute his in- ventory, made up that inventory from memory—shelf by shelf and section by section—an estimate that was accepted by his insurance company. The hardware stock was then com- posed chiefly of staple articles on which the demand was fairly normal, but now we find a continuous shifting in kind and style which, if realized too late, leaves the stock with a large number of slow selling or unsalable items. Realizing the need of a simple form of merchandise control, this subject was piaced on the program of the last congress of the National Retail Hard- ware Association, held at Mackinac Island last June. Upon a committee of three hardware men was placed the duty of preparing such a plan. This plan was approved by the congress and the several state associations were given the responsibility of presenting the plans to their membership. I have been placed on your program to dis- card that responsibility. The subject will be considered under ~ *Paper read at Detroit Hardware con- vention by H. W. Bervig. three general heads. First, the study of merchandise movements as general- ly found in hardware stores; next, sug- gestion for improvement of the situa- tion where a change seems advisable and a practical means of carrying out such suggestions. The subject will be taken in its broad relation to merchandising as a whole because fast stockturn alone is of no great importance. It must be consid- ered in its general ‘background as a part of the merchandising of any busi- ness. : Before undertaking to present the matter we picked out what was con- sidered a _ representative successful hardware store. A study was made of the purchases for a period of twenty- one months, and, following this, an in- ventory was taken of all the articles studied. A study was made item by item as well as line ‘by line, so we would know precisely to the unit which made up the whole of that stock. By observation in a great number of other stores we have been able to varify the conclusions drawn from this par- ticular study as being generally ap- plicable to a considerable extent in most hardware stores. This is the first time, so far as I know, where the movement was stud- ied of any considerable number of in- dividual items. That is the only pos- sible approach to the problem. The first point that develops from the study is the fact that purchases were scattered over a great variety of sources. A little hand out here and another there makes the account of little value to the majority of suppliers. In one year, for instance, paint and glass alone were purchased from twenty-five sources. In the same year merchandise was purchased from 119 different sources. From fifty-nine of these only one invoice was received. Next in order of development and one that is largely the result of the scattering of purchases is that no ef- fort whatever was made at a standard- ization in lines where the benefit of such a policy would be most clearly apparent. For instance, an ordinary screw driver would be bought under one wholesaler’s brand one time and the next purchase would be of a similar article under another tbrand. As a result, the stock would be composed of a miscellaneous assortment of ar- ticles which cost about the same price. In fact, the price apparently had little to do with the choice of article. Going further into the study it was apparent that the stock of items in the various lines had little direct relation to sales. Many of the bast selling items were absent from stock and a surplus of articles which had a rela- tively slow sale. ‘This is a condition frequently found in stores whose own- ers boast that “they have everything in hardware.” Sometimes it seems as though they had about everything one doesn't need. In many lines where the stockturn on a whole was quite satisfactory, many of the individual items showed unsatisfactory results. Also in lines where the stockturn was slow many of the individual items had a good rate of stockturn. This would indicate that the stockturn in a line as a whole could be considerably improved. To illustrate this point a chart has been prepared showing stockturn in a number of representative lines. The first column shows the average stock- turn of the whole line. The next gives the stockturn of the best selling sizes which range from three to ten in each line. In the third column are an equal number of slow selling sizes. House paints, nails and glass show a fast stockturn, while screws and drill bits turn very slowly. The movement in drill bits is representative of the move- ment in most of the tool lines and 1s a point which will be emphasized later. In these various lines are shown the best selling and slowest selling sizes. As an example of the information we found that ten out of seventy-nine sizes of screws comprise nearly half the total sales. A similar situation is found in many of the other lines. Continuing the investigation of the store it was apparent that the owner spent more time than seemed neces- sary in buying. We figured that it took approximately one hour to pur- chase every $55 worth of merchandise. This is a function that needs the closest attention, and I do not mean to minimize its importance, but with a better organized stock it was appar- ent that much time could be saved here and devoted to other equally important functions of the business. The results of the methods of pur- chasing were apparent in the condition of stock for the packages and often the merchandise itself were shop worn, showed evidence of having been handled many times. This resulted in the merchandise becoming unsalable and is considerably depreciating its value. The result at the end of the year in- dicated that a very large share of the profits were found in this unsalable and depreciated merchandise, a profit that in many cases will never ‘be realized. Finally, the store itself has the ap- pearance more of a warehouse than a show room. When someone in the store asks “Where shall I put this stuff?” You know that you are in a warehouse. If he asks, “How shall we show this merchandise?” You are in a show room. Most of you know which question is heard most fre- quently. You have been presented with a situation which we believe to be fairly typical of a hardware store. Naturally our next step would be to present sug- gestions for improvement. In the past five years you have heard about hand-to-mouth buying. Advice has been given to “buy often and buy less.” This policy was presumed to automatically speed up stockturn. Wholesalers and manufacturers inform us that this campaign has had consid- erable effect and that buying is, to a very considerable extent, done on a hand-to-mouth basis. If this is the case no appreciable effect can be found from a study of stockturn covering the period from 1922 and on. In no year has the stockturn in averages found from over 1300 stores been faster than 2.28 times and in no year has it been slower than 2.25 times. The extreme variation is only 3/100 of one turn. 'The stockturn in 1926 was almost exactly the same as in 1922. Hand-to-mouth (buying too frequent- ly results in starving stocks, losing sales and profits on those sales. The policy has apparently not been a par- ticularly satisfactory one. Considering the typical hardware store the first point was that the pur- chases were scattered over a large number of sources. The first sugges- tion for remedying the situation in this store would be to concentrate those purchases. If an account is scattered among a dozen wholesalers and a hun- dred to 150 manufacturers the ac- count is not very valuable to any of them. When concessions are given the merchant who scatters his purchas- es is not the one who generally re- ceives them. Two wholesalers besides the manu- facturers’ lines you may handle seems sufficient for most stores. Dealing with these two you are in a position to request consideration that you couid not get if you spread your business out. Moreover, when buying from a smaller number of sources you will re- place stock with articles of the same brand as has been carried. This brings us to the next sugges- tion, that of a standardization of stock. _A stock list should be made in the various lines handled. Add nothing to that list until you are sure it will sell and scan it frequently for items that could be dropped. With such a definite list you would not be so likely to add items in the various lines unless the demand was found to be sufficiently large to warrant placing in stock. Every individual item added to the stock should have a definite place in the merchandising plan. Merchandise is often carried in stock merely be- cause a similar item has formed a part of the stock for a long time past. The best sellers in each line ‘should be found and the stock apportioned ac- cording to the probable sale. Follow- ing out that suggestion would mean a considerable change in the manner of merchandising hardware, a change that is entirely in line with modern merchandising practice. The working out of a complete plan for merchandise control is merely a means to the end of studying merchan- dise possibilities. The mechanics of merchandise control is only the servant of merchandising — not its master. When it is found that a line is not moving as you believe jt should and sales are not bearing their proper re- lation to the stock, it will be up to the merchandisers to see first, if sales on the slow moving lines cannot be in- creased. This is where display enters into the problem. A line that seems almost dead can frequently be brought to life by proper display treatment. The open display stands that many of you have installed in the past few years provide the best type of display for finding out whether a line really will sell or not. In a typical store which we have been considering we find a situation in the tool department that is reflected in many other hardware stores. 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Get ‘| ff pitch \oe you more business. the facts abeut other styles to meet your . yf et Remember, too, with all these striking poe needs. Remember, McCray —- 7 F ee fp new features there is the old reliable _ builds refrigerators for every purpose. on " c= = McCray system ofrefrigeration,the saLESROOMSIN ALL PRINCIPAL CITIES 1 € staunch construction in every hidden (See Telephone Directory) FOOD MERCHANTS, GET THIS FREE BOOK,“ How to Make More Money in Food Retailing.’’ Full of facts and figures on every phase of store operation, to help you to bigger success. Send for your copy now. “*‘ MECRAY REFRIGERATORS mA : . : ish McCray Refrigerator SalesCorporation, 839 LakeSt.,Kendallville,Ind. Name Gentlemen: Please send free book [ ]‘‘How to Make More Mone: Also, without obligation, send information about refrigerators [ case and counter, [ ] other refrigerators for grocers, f taurants hotels, [ ] hospitals, institutions, florist s yin Food oe. | ie meat markets, [ ] forres- > the New 104 Display City. hops, [ } homes. State. 18 MICHIGAN TRADESMAN February 15, 1928 amples, augur bits showed a turnover of one-quarter time, an average of one stockturn every four years. Carpenter chisels turned at the rate of once every three years, hammers every year and a half and saws every two years and a quarter. One entire display stand given over to lines such as these fre- quently stimulate the sales on the line which will continue even after the dis- play has been removed. A mass display of individual items will often develop sales on such items in excess of the movement in an en- tire line. If this store would make a mass display, say of a dozen of one kind of a popular priced saw, they will probably sell more saws in a week than they had previously been selling of all kinds in a month. If the stock fails to respond to the display treatment the alternative step would be to cut the stock in proportion to the probable sales. If an honest ef- fort has been made to display these lines and the response is inadequate to the stimulus given that is the only treatment possible. The different suggestions given for adequate control of merchandise can- not be carried out to the fullest with- out some practical means of accurate figure control. That means the instal- lation of records of some kind. The specialized retailer, such as is the hardware man, has perhaps thought that he was not greatly concerned; that he could watch his stock as well or better without records of any kind; that he knows his trade well enough to enable him to furnish requirements in- telligently without having to bother with recording sales or purchases in individual lines or items. Effective merchandise control does not call for much additional work or added expense; neither does it make merchandising more complicated. The fact of the matter is that all stores attempt some form of merchandise control, a control that usually depends on the memory or casual impression of some one man. If records are used they are frequently too elaborate or inadequate. The test for the use of merchandise control records, as for any other record depends on whether or not they will enable the business to make more profit than the cost of operation. A theoretically perfect system may be a practical impossibility because of the cost. There are two general types of mer- chandise control, departmental control and unit control. The first type studies groups of related merchandise and the second studies individual items. Plans for both the Departmental and Unit control were presented by the commit- tee at Mackinac and both are import- ant. The larger store needs both types, but stores, both large and small, need Unit Control. Only by such control can you get the specific knowledge about the movement of the units of merchandise. The entire stock is nothing but a collection of such units. There are two general sources for information when setting up a Unit control. Unit control is usually con- sidered as secured through an analysis of sales. In that method it would be necessary to make a slip of every sale whether charged or cash and to deduct the quantities sold from the amount on hand of each item from the day be- fore. This kind of unit control has been found too burdensome, too com- plex and too expensive. The second source from which infor- mation can be secured is from using the purchases only. If you know how much you had at the beginning of any period and how much you had bought, you can total these two, deduct the in- ventory at the end of the period and will know what you have sold during that time. This very greatly simplifies the task of securing the quantity sold on individual items. A good system of stock controi will result in fresher and cleaner stock and stock that is more responsive to cus- tomer’s need. Through the use of records provided by the National As- sociation you will be able to anticipate the changes in demand. For instance, an article will sell for a season, then gradually be replaced by something else. Without a figure control it would be difficult to know the rate of change. That being known the stock could be gradually decreased and when sales possibilities are exhausted you would be out of stock. Stock control would result in a low- ering of expense because you would spend less time in buying. I have in mind one hardware man who buys a carload of nails in less than five minutes. He knows from his stock records the proportion sold of each of the several kinds of nails and simply asked his stenographer to specify a carload of rails based on those figures. When you have the entire record of a line in front of you it will not take you much time to order merchandise. With the stock balanced according to probable sales the space now given over to storage of goods would be used for display instead and this will result in increasing sales, and your profit on those sales. Smaller investment in stock will also mean a larger net profit on your total investment and, of course, smaller loss from obsolescence and depreciation of merchandise. One Michigan merchant, after in- stalling stock control released $534.50 from his paint stock alone. That was the first department in which the stock control was installed. It has since been applied to a considerable number of other lines with equally satisfactory results. It is our suggestion that you apply this method of control to two or three lines in your store, then as you find how advantageous they are you can extend them over a larger number of lines or departments. Stock control is a central policy in department and chain store selling. I know of one chain store that spent nearly one-half million dollars in mere- ly the development of a system for stock control and they consider that money well spent. These firms know that if they did not watch stock, if they did not weed out undesirable items as quickly as they developed and if they did not know with a fair degree of certainty what they could sell in a certain period that, instead of show- ing a profit at the end of the year they would have a loss. Upon what single factor is com- mercial success based? You will all probably agree that there are none more important than good judgment and that nothing can take its place. Your judgment is only as good as your information. If the factual base is in- correct the conclusion will be in error. The method of stock control gives you a correct factual base upon which to form an accurate judgment as to the desirability of carrying merchan- dise. The method requires very little additional labor and involves no com- plicated mechanism in its operation. It will give any merchant using it the facts that will enable him to have ade- quate quantities on hand witkout over- stock which undermines profits. The chief difficulty im the way of installing merchandise control is in getting used to the idea. It is entirely too easy to get into the frame of mind that “It is a good thing for the other fellow but not for me.” Give thought to your own problem, fit the suggested ideas to your par- ticular situation, install stock control on a reasonable number of lines until the benefits are clearly apparent, ex- pand as conditions warrant and you will have satisfactorily solved one of the most troublesome problems in re- tailing. You will have a clear view of merchandising possibilities and you and your business will profit accord- ingly. —— +. ___ Largest Convention Ever Held By Hardware Men. The annual convention of the Michi- gan Retail Hardware Association, which was held at Detroit last week, had the largest attendance of any gathering ever held by that organiza- tion. The exhibits were 25 per cent. larger than ever before. It was decided to hold the 1929 con- vention in Detroit. The following officers were elected: President—Herman Dignan, Owosso Vice-President — Warren A. Slack, Bad Axe. Secretary—A. J. Scott, Marine City. Treasurer—William Moore, Detroit. Board of Directors: C. L. Glasgow, Nashville; Herbert R. Hinckley, Do- wagiac; Waldo Bruske, Saginaw; James Draper, Detroit; Russel S. Spencer, Charlotte. The President’s address and two papers read at the convention were printed last week. Another paper ap- pears this week. Other papers will be published from time to time. Only one small service charge. ing fees or any other extras. New York City. M R. STOWE Says: We are on the square. So will you after you have used our Collection Service. No extra commissions, Attorneys fees, List- References: Any Bank or Chamber of C 3 ak « ommerce f this paper, or the Michigan Retail Dry Goods ee oe Merchants’ Creditors Association of U. S. Suite 304 Ward Building, Battle Creek, Michigan For your protection we are bonded by the Fidelity & Casualty Company of Right now, while things are a little dull in the store, is a mighty fine time to get out after your rural customers. Don’t let the mail order houses sell the farmers all of their requirements. Hodenpy] Hardy Securities Corporation Getting the most out of your investments requires a broad know- ledes of securities and how to use them best for your own purposes. Our service, based on long experience, is yours for the asking. We handle only the best in investments. @ 231 So. La Salle Street Chicago New York Jackson Grand Rapids re & Co. INVESTMENT BANKERS Listed and Unlisted Securities. 933-934 Michigan Trust Bldg. C GRAND RAPIDS, MICHIGAN fe United Detective Agency, Inc. Michigan Trust Bldg. GRAND RAPIDS, MICHIGAN CIVIL CRIMINAL and INDUSTRIAL WORK Only Bonafide and Legitimate Detective Work Accepted PHONE—6-8224 or 4-8528 If No Response Call 2-2588 or 8-6813 Dictagraph and Auto Service Associated With SARLES MERCHANTS’ POLICE J. CLAUDE YOUDAN ATTORNEY AND COUNSELOR Special attention given creditors proceed- ings, compositions, receiverships, bank- ruptcy and corporate matters. Business Address: 433 Kelsey Office Building, GRAND RAPIDS. Q MICHIGAN q * | - e « « € « « = A . M " - i - « » February 15, 1928 MICHIGAN TRADESMAN 19 DRY GOODS Michigan Retail Dry Goods Association. Presi@ent—A. K. Frandsen, Hastings. First Vice-President —J. H. Lourim, Jackson. Second Vice-President — F. H. Nissly, Ypsilanti. Secretary-Treasurer—D. W. Alma. Manager—Jason E. Hammond, Lansing. Robinson, Hats Follow Ensemble Vogue. The fancy for ensembles is shown in a number of the latest hat models, especially in the more tailored ones. At the moment polka dots, which are expected to be worn a great deal, are shown in scarf and band trimmings on straw hats in small and of medium sizes.. A smart little hat of brown baku straw has a slightly rolling brim and about the crown is draped a scarf of brown and beige polka-dot crepe de chine. With this is to be worn a Deau- ville ’kerchief of the same material. This ensemble is attractively copied in navy and white, navy and tan, and par- ticularly in black and white. ‘Crepe, silk and chiffon in other paintéd pat- terns, such as geometric or small florals in many colors, are used for the hat trimming and for the scarf or *kerchief. Separate scarfs are narrow, straight strips of crepe printed in a number of new designs, most of them in small conventional patterns in fresh Spring colors. These scarfs, cut like a muffler, are worn close around the neck and tied in front in the man- ner of an Ascot. They are intended to accompany the simpler frocks in plain colors and the new tailored suits. Many scarfs of the dressy sort and those of printed chiffon and tinted lace will be much in demand for Summer evening dress. Some quite stunning scarfs are woven in Roman stripes and brilliant colors. ———_2-22a Hat Has a Lighter. The vogue for cigarette lighters has extended to the millinery trade. An Eastern manufacturer is placing on the market a felt hat in which a lighter forms part of an ornament that trims a circlet of straw on the hat. The case of the lighter is enameled in colors to match the hat. In addition a pouch for cigaretes is provided with- in the hat, thus rounding out the latest convenience in millinery for the girl who smokes. The hat, plus lighter, is priced at $3. —_+- + ___ Child-en’s B'azers Shown Again. Manufacturers of children’s and juniors’ dresses believe that the vol- ume business being placed for two- piece sport frocks will later on in the season bring about a demand for some type of short jacket or blazer. Conse- quently several are showing a varied line of jackets, lined and unlined. The materials used are mostly woolen in gay stripes, both vertical and diagonal. Red, green and blick velveteen is used. Although these garments are usually séld in the better grade shops they are being made to retail at from $5 to $7.50 apiece. —_+-+—___ Exclusive Rights on Jewelry. Department stores appear to recog- nize the sales value of novelty jewelry and various types of women’s acces- sories to the extent of ordering certain now made in items with the understanding that they are to have them exclusively if only for a period of two weeks. This situa- tion in turn is of great value to the manufacturer because competing stores immediately come looking for the new items and in addition are willing to leave orders for them for future deliv- ery. Still another advantage in plac- ing such items first with a New York store, is that out-of-town buyers are influenced by what is being accepted by New Yorkers. —_—_~»+++___ Furnishings Lead Over Clothing. Men’s wear retailers are now put- ting stress on furnishings in their sales events rather than on suits and overcoats. Consumer response to the furnishings offerings is credited with being much better than in the case of clothing. This is held likely to result in some carryover of the latter, which will be quite light in the case of suits but proportionately heavier in over- This is expected to be a factor piece goods orders manufacturers will place for next Fall. The outlook for Spring topcoats is considered good and early offerings of these will be made by retailers. coats. governing the which overcoat +9 Retail Cellections Improving. While some irregularity is shown, retail collections appear to be improv- ing. Retail credit men regard anything over 50 per cent. as good, and over 60 per’ cent. as excellent. The present average, on this basis, ranges between 45 and 50 per cent. Relatively few stores are in the 60 per cent. class, but most of them show improvement over the same period of January, 1927. Re- ports of new accounts opened thus far this month also vary, with even the more favorable ones showing relative- ly small increases. This is attributed partly to the increases shown prior to the holiday buying season in December and partly to the uncertainty that usually is felt in a Presidential election year. —_—_+~+>__ Toy Imports Watched. Domestic toy manuufacturers are trying to curb the importation of mer- chandise which they claim should be classed as toys, but is imported, as other types of goods, at lower duties. Frequent hearings have been held in connection with the matter at the United States Custom Court, one be- ing scheduled for next Friday. An in- stance of what American manufactur- ers object to was cited in the importa- tion of certain items filled with candy. The goods were brought in as ‘“con- tainers,” but the domestic manufac- turers claim they should be assessed as dolis. —__+-.___ Modernistic Art Taking Hold. The trend toward modernistic art effects in window displays, strong in the East, is also making much head- way in the Middle and Far West. ‘The heads of Western stores recently in the market were strongly imipressed with the modernistic displays of local retailers. In two instances, told of yesterday, executives wired ‘for their display managers to come here im- mediately to see what was being done. One said in ‘his wire that the methods used were so unique that he couldn’t very well explain the displays and that it was absolutely essential for the dis- play manager to see them in person. ———__.2.>—___—_- Need Two Experts on Ensembles. The slow acceptance of the cheap and medium priced ensemble suit is blamed on manufacturers who, it is claimed, are not versed in the art of making both coats and dresses. The coat producer falls down on the dress end and the dress man on the coats. Another point is that the cheaper en- sembles are not considered entirely practical. When they are copies of the high-priced models the coat is too short to wear with other dresses. As a consequence some buyers and manu- facturers believe that the cheap suit and full-length coat will be best sellers for Spring. ——_—_~+<-+___—_ Group Buying Expands. A further expansion of group buy- ing activities is indicated for the year. Particularly successful as applied to ready-to-wear, the method is being broadened to take in a wide range of The buying or- ganizations, to take care of this de- their general merchandise. velopment, have strengthened personnel and are intensifying their merchandising functions. The various wholesale markets are being studied with the utmost care, with the aim in mind of keeping buyers best posted, making the most advantageous pur- chases and cutting down the downs on the goods bought. mark- —_—__+~-.___ Antique Intaglio Seals Featured. One of the high-grade novelty jew- elry firms is featuring antique intaglio seals in a new line of bracelets, chok- ers, necklaces and earrings. The seals are all genuine old pieces in real and synthetic stones. The selection 1s limited to cornelians, amethysts, sar- donyx and turquoise. Mountings are plain and elaborate and are in either Spring gold or silver following the trend in metals. These seals are used in various ways, as links in bracelets and flat chokers, or suspended on fine necklaces. $30 a earrings and items are priced chains for These dozen upward. from —_+2-__ Long Hair Not a Factor. Reports from various parts of the country which say that many of the younger women are letting their bob- bed hair grow are not regarded serious- ly by the millinery trade in the light of possible effect on styles. Just as many 21 inch head sizes are being sold now as at any time since the vogue for close bobbing set in, and the same percentage of 22 inch head sizes is also selling. Most of the 23 inch hats are purchased by women of the matronly type who have not been bobbed. The first real hot weather is also expected to discourage those who are letting their bobs grow. >> Display Cases For Store Doors. The door space in front of a store is made to yield additional display space at night by means of new cases just placed on the market. These are designed to fit the back of the glass panel in each door. Made of wood and held in place by bolts, they are electrically illuminated and permit unit trims in the layout of merchandise. The cases vary in height or width to fit the door and can be obtained in ef- fects harmonizing with other fixtures. It is estimated that one-quarter to a half of the average store front is taken up by the doors, which at night re- main dark and unproductive. —_——_~+->____ Colored Sheets Selling Well. Although there has been a slow but in the jobbing call for white cotton sheets of late, the general improvement demand for colored sheets is increas- ing rapidly. All sections are taking them, sales to conservative New Eng- land being proportionately equal to those of other parts of the country. Pink continues the favored color. One feature of the demand for colored sheets is the noticeable trend in favor toward the While 81 inches is still the favored width, the best selling lengths are now 99 and 108 inches. The 99 inch length, for many years the standard is steadily slipping backward. longer ones. ——--~>- Fancy Cuffs Best in Gloves. Women’s kid gloves are selling best Black so far is in the lead, with beige following. in fancy cuffed styles. White is also good and some new or- ders are being placed for gray. This latter color is not expected to carry over after Easter. Manufacturers in general feel that the plain tailored, hand-sewn and slip-on gloves in beige and nude colors will be in demand after the Easter holidays and will be with the early sport The average priced glove, sell- ing at $24 a dozen, is in better demand worn Summer suits. than the very cheap lines or the ex- pensive types. —___ «+ Ensembles Help Millinery Trade. One of the better grade millinery firms claims that the helped ensemble has Spring ‘business. The new suits, it appears, require hats that are more distinctive than those selected for general wear. along early In this way a woman will want more than the regulation felt hat. Then, too, it is pointed out that with the approach of warm weather and the featuring of very sheer printed frocks the larger brimmed straws and_ felts will be needed. Black and beige remain the color choice of the majority of buyers, with pastel shades noted for late Spring and Summer wear. CLOTHING SALESMAN Michigan and Indiana Resident salesmen wanted by a large, prominent, New York manufacturer of men’s and young men’s overcoats, top- coats, Summer clothing, trousers and knickers. We have an old well-estab- lished trade in Michigan and Indiana, but will only consider men who can prove unquestionably that they have an estab- lished following and long intimate ae- quaintance with buyers and retailers in the States of Michigan and Indiana. Give complete details in first letter in confidence; state annual net shipments for past two years. All our salesmen have been notified about this advertisement. Write Box 2000, c/o Michigan Tradesman SHIRTS TO MEASURE PAJAMAS Samples on application KELLY SHIRT CO. 39-43 Michigan, N.W., Grand Rapids MICHIGAN TRADESMAN February 15, 1928 RETAIL GROCER Retail Grocers and General Merchants Association. President—Orla Bailey, Lansing. First Vice-President — Hans Johnson. Muskegon. Second Vice-President—A. J. Faunce, Harbor Springs. Secretary—Paul Gezon, Wyoming Park. Treasurer—F. H. Albrecht, Detroit. Salesman Helps Merchant Who Helps Himself. It is plain human nature to see our own difficulties and to wish they were not. So whenever a lot of wholesalers, manufacturers, canners or others who market through retailers, are gathered together, much is apt to be said about the ineffectiveness of the retailer. Such attitude is negative, the reverse of constructive. So here is a true story, told last week by the editor of Salesmanage- ment, a National magazine of business, of how a salesman—a grocery sales- man who might easily have thought he could “let George do it,” or let it remain undone—served a grocer. This was the case of a small grocer on a side street who kept a small place where he also “kept” groceries, for he sold few of them. He operated the entire plant mainly alone, serving a small line of credit customers. The salesman felt that if more cus- tomers could tbe brought into that store, two things would happen: cash trade would ‘be increased; really de- sirable credit customers could be se- lected from cash buyers. He needed the co-operation of the grocer, which he succeeded in getting. He laid out his plan, which I relate in his own language, because that was precisely what was done, and results will be noted. “I told my friend,” said the sales- man, “to have the biggest cake baked ever seen in his town and to advertise to his trade everywhere in his district that, beginning on a certain day, a slice would be given to every visitor to his store, accompanied by a cup of hot coffee. “Because this was to be a trade- building stunt, he got the flour and other principal ingredients free on his agreement that the donors should have their names and brands prominently mentioned in his advertising. Because he promised also to feature the baker, the baker, who was his neighbor, made and ‘baked the cake without charge. It was so big that a washtub was re- quired for the baking thereof. On the same basis, he got the coffee without charge. “He circularized his entire district a few days in advance—not too long— with dodgers put into every door in which he explained precisely what he was going to do; and he emphasized that no obligation would be entailed on anybody in return for the free cake and coffee. “The big cake was exhibited in his window for three days. Then on the dap appointed it was cut and served to all comers with coffee as advertised. “The day the cake was cut was cold and rainy; but cash sales were between four and five times what the merchant had ever yet experienced. The second day conditions were better, and that fact, plus the word-of-mouth’ adver- tising given him by those who visited him the first day, resulted in cash sales seven times as great as he had ever yet had in his nine years business ex- perience. “The third day was Saturday. His cash sales were twelve times as great as on any previous Saturday. But that was not all. He was entirely unabie to wait on the crowds, for he had not anticipated any such rush and was un- prepared. Indications were that, had he been able to handle the trade, his sales would have ranged somewhere between twenty and thirty times his best previous cash-sale record.” Such is the story as told by the salesman who was responsible for the plan whereby he built up a new busi- ness for one of his customers. It demonstrates the truth that the trav- eling man who visits grocers regular- ly can be of great service to them without wasting time or energy there- by. No doubt this man talked over the details of his idea with this grocer many times before the thought took a bite; but that did not mean that he tcok any more time than many sales- men use up in idle gossip on their rounds. The difference was that this man used his spare minutes advan- tageously instead of worse than wast- ing them. Jobbers hesitate to encourage their salesmen to do work of that kind. They say that “the average salesman cannot do it.” True, but “the aver- age” grocer would not respond. In fact, the average of anything will not produce exceptional results, and busi- ness is built on exceptional character, unusual industry, rare insight and faith in expected results. It is because both these men were above the average that results were as stated. Jobbers further hesitate because they feel that if a salesman tries to do that kind of work, the merchant will suspect him of working for his own interest—that he must have an ulterior, selfish motive in offering such helpful service to his merchant-customers. But first we must get the right angle, thus: The work will be done—that is persisted in and carried on systematic- ally—only by exceptional salesmen. Such men have tact and insight into human nature. They are intelligent enough to select the right merchants to work on. They are just as capable of passing up grocers who “know it all’ ’and are so “wise in their own conceit” that nobody can help them much. Such salesmen should be en- couraged to do that kind of work. On the other hand, merchants who are capable of being thus led into bet- ter, more profitable ways are also broad minded men. It will not worry them in the least that the salesman expects to built business for himself and his house in thus improving con- ditions among his trade. The right kind of merchant will not give that phase of the question a thought; and, as noted, the right kind is the only class that can be influenced anyway. Such work is bound to result in good to the employer of such a salesman. Is there any earthly reason why it should not? Such mutuality of effort, such team work ‘between wholesaler and retailer (Continued on page 31) Always Sell LILY WHITE FLOUR “‘The Flour the best cooks use.”’ Also our high quality specialties Rowena Yes Ma’am Graham Rowena Pancake Flour Rowena Golden G. Meal Rowena Buckwheat Compound Rowena Whole Wheat Flour Satisfaction guaranteed or money refunded. VALLEY CITY MILLING CO. Grand Rapids, Mich. GRAND RAPIDS PAPER BOX Co. Manufacturers of SET UP and FOLDING PAPER BOXES GRAN D mR A ? 1 2 5S Mie Aa. G AN A SIMPLE FRESH FOOD..... AND HEALTH Fleischmann’s Yeast is a simple fresh food that relieves constipation, aids digestion, clears the skin and tones up the whole system—gives buoyant health. Recommend it to your customers—they will appreciate the service. Then, too, Yeast-for-Health customers come regularly to your store; give you an opportunity to sell them all the groceries they need. FLEISCHMANN’S YEAST Service Don’t Say Bread ~ Say HOLSUM M.J. DARK & SONS INCORPORATED GRAND RAPIDS, MICHIGAN — Direct carload receivers of UNIFRUIT BANANAS SUNKIST -- FANCY NAVEL ORANGES and all Seasonable Fruit and Vegetables February 15, 1928 MICHIGAN TRADESMAN 21 MEAT DEALER Veal Quality on the Market Now. We were asked over the telephone to-day by one who keeps closely in touch with the food market if veal is not poor at the present time. This question ‘was something of a surprise for it indicated that this person had ‘been informed that quality was low. As a matter of fact most of the cur- rent supply of veal comes in the vealer class at the present time, which means that most of the supply has been milk- fed. There are a few carcasses of what is known as calf carcass meat coming from calves that have advanced beyond the usual age for vealers and that have been fed on other kinds of feed than milk. Among the vealer supply there are found some of all usual market grades ranging from Prime down to Common, but the bulk are eligible to the Medium, Good and Choice grades and a liberal supply grade Good and Choice. Broadly speaking, we might designate the aver- age quality of veal at the present time fully up to the average found on the market during the greater part of the year, with enough of high quality to supply the demand for such kinds. In most cases the meat is of good color, reasonably ‘blocky, quite tender and flavorful. There is usually very little complaint from consumers: when veal quality is as good as at the present time and whether cutlets, chops or pieces for roasting or stewing are bought they ought to satisfy if ‘bought in any re- tail market where meats are generally up to the grades demanded for regular use. The wholesale market on veal is only slightly higher than a year ago and considered reasonable according to modern meat values. A year ago no calf carcasses were quoted at New York, but in that respect the present market does not materially differ, since the supply is now so low that at times it is hardly quotable. During, certain seasons of the year and especially dur- ing these seasons of certain years a large part of the total supply is made up of the older types of calves. When this is so and when the total is little if any greater than at present the aver- age quality of veal is lower than at present. This is especially true since the more mature calf carcasses (weights run considerably in excess of the true vealers) and so, with numbers of both kinds about the same, the ton- nage of he vealers amounts to less than half of the total. Right now those who like veal may buy it with assurance that quality will be pretty sure to satisfy. —_——_- + Graded and Stamped Beef. Since May 2 of last year there have been many choice and prime steer and heifer carcasses of beef graded and stamped for grade under the super- vision of the United States Depart- ment of Agriculture. Work has been done in eight different slaughtering centers throughout the United States, and in many cases carcasses and cuts bearing the grade stamp have been shipped to other points where graders are not at present available, This work has been done as an experiment, and its extent has ‘been according to re- quests from the slaughterers of the cattle at the plants where they origin- ated as beef. These slaughterers have requested grading to meet demand from retailers who have wished to give consumers the advantage of knowing just what quality they have been buy- ing, and thereby develop greater con- fidence in what was bought. The Na- tional Live Stock and Meat Board, los cated in Chicago, has co-operated in the work, and has tried to inform con- sumers everywhere of what is being done. Among other things, this board has gotten up attractive posters for re} tailers using graded and stamped beef to display in their shops. Many re- tailers have secured these display post- ers and have bought beef which had been previously graded and stamped The beef can be readily identified by consumers, since a ribbon brand is so placed on the beef that each carcass or cut shows it conspicuously. Deal- ers who display this poster will bej glad to know about the beef, and point out the brand, which is a guarantee of quality. Customers who desire this high qualitied beef should not hesitat4 to ask dealers about it, and if they see the poster displayed to ask to be shown the ribbon brand on the section from which their cuts are taken. A great deal of the National supply of meat has a purple brand placed on it by the Government, which guarantees it as being in every way fit for food when the stamp or brand was placed on it, but. the ribbon stamp is one to designate grade only, and has no rela- tion to the other except that the bee} must bear the brand showing the meat to be wholesome before the grade stamp will be placed on it. Here the consumer has double protection from the work the Government is doing. Consumers will co-operate in the work by requiring retailers to give them this protection. —_++.—__ Eat-More-Cheese Campaign. Americans are to be urged to eat more Swiss cheese through an adver- tising campaign conducted by the Cheese Union. During the first nine months of the current year exports to the United States from the Berne dis- trict, the chief center of the Swiss cheese industry, amounted to nearly 12,000,000 pounds, which was in in- crease of approximately 3,000,000 pounds over the corresponding period of 1926. The United States is now the chief market. It is doubly valuable to the industry by reason of the fact that the American taste is for the softer, whiter, winter cheese, which is not much in demand in Switzerland and in some other markets. The Cheese Union is protecting Swiss cheese against imitations by an indented trade mark on each cheese, covering the en- tire cheese in such a way that every slice cut from it will have the word Switzerland plainly marked on it. Not only are conditions for cheese exports to America favorable, but those con- ditions in other important markets are a'so regarded as getting better. -_—_?——-_____ A successful merchan realizes he is a teacher as well as a boss, I. Van Westenbrugge Grand Rapids - Muskegon Truck Service Central Western Michigan DISTRIBUTOR ‘““Best Foods’’ Salad Dressing “Fanning’s’’ Bread and Butter Pickles Alpha Butter Saralee Horse Radish at OTHER SPECIALTIES Expert Chemical Service Products Analyzed and Duplicated Process Developed and Improved Consultation and Research The Industrial Laboratories, Inc. 127 Commerce Ave. Phone 65497 Grand Rapids, Mich. —— QUALITY RUSKS and COOIDES Grand Raplds, Mich. BIXBY OFFICE SUPPLY COMPANY GRAND RAPIDS, MICHIGAN COCOA DROSTE’S CHOCOLATE Imported Canned Vegetables Brussel Sprouts and French Beans HARRY MEYER, Distributor 816-820 Logan St., S. E. GRAND RAPIDS, MICHIGA N Ship By Associated Truck GRAND RAPIDS, LANSING and DETROIT. Every Load Insured. Phone 55505 Phone 61366 JOHN L. LYNCH SALES CO. SPECIAL SALE EXPERTS Expert Advertising Expert Mrechandising 209-210-211 Murray Bldg. GRAND RAPIDS, MICHIGAN Look for the Red Heart on the Can LEE & CADY Distributor The Brand You Know by HART SELL Ge Bott’s Kream FrydKakKes DECIDEDLY BETTER Grand Rapids Cream Fried Cake Co. Grand Rapids, Mich. rt Oks A HEKMAN MASTERPIECE There’s no reserve for an active business like ready money. That’s why we have so many saving accounts in the name of small mer- chants. Let’s talk it over! J/he OLD NATIONAL BANK MONROE at PEARL A Bank for Everybody- * February 15, 1928 22 MICHIGAN TRADESMAN HARDW ARE clock would run down or when a ee Michigan Retail Hardware Association. candle would burn out, were other President-—-Herman Dignan, Owosso. Vice-Pres.—Warren A. Slack, Bad Axe.. Secretary—A. J. Scott, Marine City. Treasurer—Wiliam Moore, Detroit. Stunts Designed To Interest New Customers. Written for the Tradesman. The value of novel stunts for inter- esting new customers in the hardware store is perhaps overestimated. Novel ideas can never really take the place of the sound fundamentals of good business—which include quality goods, straightforward and honest dealing, tact in handling customers, personality, and intelligent methods of newspaper advertising and window and_ interior display. Without these amount of novel advertising stunts will ever develop a successful business. But the business which has dependable quality and sound methods behind it can often be helped by such stunts— so long as the stunts in themselves do not negative the sound basic ideas on which enduring businesses are built. There is practically no limit to the plans that may be used by the retailer to create and stimulate trade. A num- ber of excellent books have been writ- ten on the subject. Almost every is- sue of your trade journal has ideas fundamentals, no along this line to offer. Many effective sales plans, however, are the result of the dealer putting on his thinking cap and designing some- thing especially suited to his particular case. It is sound policy to make moderate use of good sales plans. It is not well to be overly liberal in their use; for if you have something of the kind going all the time, your stunts are quite like- ly to grow tiresome. At rate, they will not attract the same amount of attention to your store as if, every now and then, you really effective stunt. off the current while just to have a chance to turn it any spring some one It's a good plan to shut every little on again. In the earlier days, guessing contests were among the most common devices for exciting interest. One of the most the The dealer filled the successful of these was penny guess ng contest. show window with bright new pennies, and offered prizes to the first three persons guessing nearest the correct number displayed. The guessing might be open to anyone, without restriction; or it might be limited to those making purchases. If I’mited to actual pur- chasers, the prizes were, as a rule, more the contest was valuable than where wide open. If confined to purchasers, one guess was usually allowed for every dollar's worth of goods pur- chased. A good prize would be from ten to twenty-five silver dollars stack- ed in a neat pile in the window, along with the pennies. On the closing day of the contest sometimes made for a couple of bank clerks to enter the window and count the pennies in full view of people from the sidewalk. This scheme is typical of guessing contests. The number of beans in a jar, the number of seeds in a pumpkin, the exact hour and minute when a arrangements were schemes. Such contests years ago had con- siderable vogue. Then they were tossed into the discard. Now they have been so long out of use that one would be a novelty to the younger generation and a reminder of other days to the older folk. Lots of people are fond of an old idea dressed up in new clothes. In connection with such contests, however, and, in fact, in connection with all contest schemes, care should be taken by the hardware dealer to familiarize himself with local, state or national legislation bearing on such matters. There are some forms of contests, for instance, which cannot be advertised through the mails; and as a general rule it is sound policy to avoid anything of this sort entirely. Another form very popular some years ago is the voting contest. This form of contest still bobs up occasionally; and new versions of it are constantly emerging. One of the best of these is a contest for the most popular school, in which a liberal prize is offered to the public or private school receiving the greatest number of votes, one vote to be given with every ten cent purchase. If you “get in right” in this contest and the public takes to it, it will produce ex- ceptionally good results, as the inter- est and enthusiasm of the schoo] chil- dren and powerful force to of contest that was teachers of a town are a have working for Other voting contests have been held for the most popular young lady, little girl, married couple, minister, club, etc. In some communities voting con- you. tests have been emphatically overdone; and even a new version of the old idea would be viewed with pronounced dis- favor by a public nauseated with them. The dealer must shape his policies ac- cording to Because such contests have been conducted in local conditions. the past is often one of the strongest reasons why it is inadvisable to repeat them. It is better to originate a new stunt than to endlessly repeat an old one. An idea frequently used for a ten days’ sale is to refund the full purchase money on every tenth or. every twentieth If the store is large enough it is a good plan to ring a big bell every time such a refund is made. Customers who are fortunate enough to have their money refunded spread the news among their friends, and in this way such a sale is always liberally advertised. sale. A similar scheme is to re- fund one day’s cash sales to all cus- tomers for a certain day each month, the day to be determined by ballot of the customers at the end of the month. It is natural for people to want to utilize anything they possess wh'ch represents a definite, known value even if it is necessary to buy things they would not otherwise buy in order to take advantage of their good for- tune. On this idea is based the due- bill plan. The plan is to take a select- ed list of customers and offer them, in appreciation of their patronage, a cer- tificate or due bill which will be ac- cepted at your store at a certain figure Michigan Hardware Co. 100-108 Ellsworth Ave.,Corner Oakes GRAND RAPIDS, MICHIGAN e Wholesalers of Shelf Hardware, Sporting Goods and Fishing Tackle WE A NOW COMPLETE CARRY STOCK OF HEATH & MILLIGAN DEPENDABLE PAI’.TS AND VARNISHES fostes Stevens&Co. Founded 1837 GRAND RAPIDS 61-63 Commerce Ave., S.W. MICHIGAN WHOLESALE HARDWARE THE BEST THREE AMSTERDAM BROOMS PRIZE WiuteFwan GoldBond | AMSTERDAM BROOM COMPANY 41-55 Brookside Avenue, Amsterdam, N. Y. NEW AND USED STORE FIXTURES Show cases, wall cases, restaurant supplies, scales, cash registers, and office furniture. Grand Rapids Store Fixture Co. 7 N. IONIA AVE. N. FREEMAN, Mgr. Call 67143 or write BROWN &SEHLER COMPANY Automobile Tires and Tubes Automobile Accessories Garage Equipment Radio Sets Radio Equipment Harness, Horse Collars Farm Machinery and Garden Tools Saddlery Hardware Blankets, Robes Sheep lined and Blanket - Lined Coats Leather Coats GRAND RAPIDS, MICHIGAN » ¥ % ‘a5 we a 4 ¢ ee a 3 , « - » | ¥ cc a 4 e . 3 1 fe ¢ ” ae * ~ f ae » ‘ Li r . ‘> i en vg i’ * “ ~ « » < ny e “ » of a % - 4a 3 al 4 February 15, 1928 MICHIGAN TRADESMAN 23 on total purchases of a stipulated amount before a certain date. The amount may be $1 on a $10 purchase, or 10 cents on a $1 purchase, or any amount you prefer. One merchant who issues a store paper checks up its circulation by the expedient of in- cluding in each issue a coupon good for 10 cents in trade. Numerous variations to this idea have been devised; for in- stance, the due bill or coupon is good only on the purchase of some specified article, as for instance a stove. Usually a time-limit is specified. Schemes which appeal to children are frequent. Children enter enthusiastical- ly into the spirit of such things, and if a scheme possesses merit they gen- erally succeed pretty well in interest- ing the entire household. Free tickets to the picture show with every pur- chase of a stipulated amount appeals readily to boys and girls, and to older people as well. Other methods of reaching the children are the prize essay competition for school children, and prizes for the largest number of words made from the letters contained in the store name or store slogan. These word-contests are being very widely used at the present time. One of the most recent stunts is the picture of some article or animal, or a series of letters, made up of tiny figures; the prize going to the first individual who turns in the correct total of the figures used. The plan of holding annually a sale lasting one week, during which two per cent. of the gross receipts are given to employes, has been used by a number of merchants. This scheme is calculated to create a feeling of good wil on the part of the salespeople; they are usually keen to boost the sale in every way possible, and bring in a lot of extra customers who are interested in helping them. Little accommodations always help to make the store popular. One large store has a weighing machine where any person can weigh himself free of charge. Naturally, this ‘brings a lot of people into the store; and a good many of them purchase things ‘before they go out again. One dealer has a dozen card punch- es which he keeps especially to loan to ladies giving card parties. No charge is made for these; but as a rule the beneficiaries end ‘by buying punch- es of their own, and a good many other articles as well. Another dealer has an elaborate baby scale which he lends to happy parents upon request. Magazines are often used for prem- ium purposes. These the dealer can secure at the wholesale price on a year’s subscription: a coupon can be given with every ten cent value pur- chased, and for a specified number of coupons the purchaser gets a year’s subscription to the magazine. Similar premium stunts have been quite fre- quently used with other articles. The “selling stunt” should, as I have indicated, be utilized intelligently and with keen discrimination. It can easily be overdone. Too many such schemes in the long run hurt rather than help. They are apt to give a store a reputa- tion for ingenuity rather than depend- It should never be forgotten ability. that quite often the direct sales re- sulting from an advertising stunt do not pay the cost of the advertising. Unless the customers attracted in this way continue to ‘buy at regular prices on the basis of satisfaction received, the stunt fails of its purpose. Anda store depending too largely on stunts is apt to develop a class of customers who, failing such attractions, will seek other stores. This is why stunts, if used, should be merely occasional, and very carefully selected. The quiet, steady going business that is based on quality goods, service and personality, plus regular advertising methods, is undoubtedly the best busi- ness to have. These things must in any event form the foundation on which your business has to be built. Stunts, in moderation, will help; in excess they are apt to hurt, and, fur- thermore, to cost more than they are worth and, in the long run, to lose their effect. Demonstrations are good, especially to interest the women folk in your store. A rest room for country cus- tomers is a good thing where you are doing business in a small community with a considerable rural trade. Coun- try customers aften arrange to meet their friends in such rest rooms, and the store gets a good deal of advertis- ing as a result. One large store runs a modest tea room in this connection. The danger with such things, of course is that they may become too ambitious and be developed to a stage where they cost more than they are worth; the dealer who starts out merely to advertise his store a little, finds him- self ultimately carrying.on a small- sized restaurant. Some big stores can do that successfully. Most small stores can’t. In connection with demonstrations— such as range demonstrations—intend- ed particularly for the women folk, it is a good idea to serve light refresh- ments, such as biscuits, coffee or tea, and cookies, all made on the which is demonstrated. For such af- fairs, invitations can ‘be sent out. It is a good idea to run a demonstration through an entire week, starting one Saturday and finishing the next Sat- urday. Send out formal invitations to a selected mailing list, use the tele- phone to invite customers, have a few palms, ferns and flowers, perhaps the radio or a victrola, and give the en- tire event something the color of a social affair. A demonstration is one of the best methods of advertising, and is more legitimate than most novelty range stunts. Victor Lauriston. ——_>-2>————_ Electric Paint Remover. As a substitute for the painter’s torch, an electric heated unit that may be operated from the light current is said to be safer and more easy to handle. A scraper can be attached to the frame so that there will be no need of using more than one tool to remove the coating. TER MOLEN & HART SALAMANDERS for CONTRACTORS Successors to Foster Stevens Tin Shop, 59 Commerce Ave. GRAND RAPIDS, . MICHIGAN TYLER All-Steel — Easy Rolling — Racks Holds 3 times as much as counter. Everything Visible. Adjustable Shelves. 100% Metal Construction. Extra strong tubular pedestals. Patented exclusive feature assures perfect shelf rigidity. Large pivoting casters. eo Lowest in price due to large production. 48 in. high. 48 in. long, 21 in. wide. TYLER SALES FIXTURE COMPANY MUSKEGON HEIGHTS, MICH., U. S. A. Uncle Jake says- “Stuffing the average man with flattery ts like feeding cream puffs to a ditch digger; when you tickle the palate you soften the muscle. We have learned much more about paper making from criticisms than we have from flattery. We have improved our K V P DELICATESSEN PAPER as a result of suggestions made by its big users to a degree that we do not hesitate to recommend it to you as being better, far better, than the average papers on the mar- ket for the protection of your food products from your store to your customers kitchen. KALAMAZOO VEGETABLE PARCHMENT CO., KALAMAZOO, MICH., U.S. A. — WHITE HOUSE COFFEE National Distribution for Over 40 Years When you sell White House Coffee, you profit from a reputation that has grown through nearly haf a century. Yet the acid test is the serving of White House Coffee in your own home. Try this test. Compare the aroma, the rich coffee taste, with any other brand of coffee. After drinking White House Coffee, yourself, you will push it all the harder among your trade. The Flavor Is Roasted In! COFFEE Dyn eeu Uhm hd ONE POUND NET | Boston - Chicago DWINELL-WRIGHT COMPANY Michigan Distributors—LEE & CADY Portsmouth, Va. 24 HOTEL DEPARTMENT fiMillion People From Other States in California. Los Angeles, Feb. 10—It begins to look as though this General Sandino is about as elusive as our old friend Aguinaldo. Like the flea, now you have him and now you don’t. You re- member how the American army vol- leying and thundered at him according to the best dictates of military science until the Kansas farm boy, who after- ward became General Funston, got dis- gusted with army tactics and went in- to the tall timber and kidnapped him. Perhaps in the Sandino case, a mouse trap would answer the purpose. In California almost every immi- grant from the older states, belongs to a state society. Michigan has a very prosperous one in Southern California, which meets monthly, has a good musical and amusement program, a roll call, whereby everybody gets ac- quainted ‘with everyone else, and feels like a native son. Recently at a meet- ing here over half of the participants were from Kent county. At the an- nual picnic, which usually occurs the- latter part of February, they usually have an attendance of at least 10,000. It is estimated that the combined membership of the different state or- ganizations exceeds a million. I notice by the press reports that the Park Sisters, a Los Angeles product. are making a great hit in European vaudeville circles. I mention these young ladies, for the reason that I met them socially on my Hawaiian trip, a year ago, soon after their first stage appearance in their native city. The writer had been placed in charge of the amusement features aboard the vessel, but soon after clearing from Honolulu, discovered that only a por- tion of the shin’s orchestra had sailed, which promised a curtailment in the amusement program. At this juncture these sisters offered their services, not only performing various entertaining stunts, but assisting in the orchestral work, absolutely refusing compensa- tion of any sort, though same was proffered by the ship’s officers. Their work is not unlike that of the Duncan Sisters in “Topsy and Eva.” They de- serve a successful career, not only be- cause of their pleasing dispositions, but because their work has real merit, evidenced by their European successes. Quite often lawyers are fond of re- ferring to themselves as “officers of the court,” whose sworn duty is to see that the laws are obeyed. All members of the bar accept in principle the obliga- tions of the title. But the manner in which some of them individually ap- ply it is yet another matter. Custom develops that the duties and obliga- tions the phrase implies have never been well defined with any strictness and that a great deal of liberty of con- science is permitted. There was a marked departure from custom in the Hotelling case, however, quite at variance with procedure in the case of Hickman here. In the Michi- gan case, however, the defense lawyer gave evidence of realization of the duty owing the court, and made no at- tempt to befog or delay the issue. He interpreted his duty as “officer of the court” to be the protection of the legitimate interests of his client; he did not conceive that he should at- tempt to shield him from deserved punishment. Seeing no injustice or in- fraction of Hotelling’s rights, he stood silent and allowed the law to take its course. The Michigan law and court prac- tice are not so markedly different from that of any other state’s that this attorney could not have dragged out the trail for weeks or months if he had so desired. But he was a lawyer, not MICHIGAN TRADESMAN a pettifogger. The fine example he set in the Hotelling case, were it more generally followed, would raise the bar in public estimation to the high stand- ard contemplated by Blackstone. The provisions of the law which guard against too much haste are rea- sonable and perhaps necessary when properly used. There are cases where innocent men require time to establish their innocence. It was never intend- ed, however, that these provisions should serve as a shield to the guilty; but that they do so in innumerable cases is a fact of every day judicial experience. It was never more clear- ly set forth than in the instance of the trial of two youthful Chicago murder monsters, a couple of vears ago, when it was openly proclaimed without denial that a certain attorney accepted a princely fee to befog justice where mercy had not a single excuse for in- tervening. Just now California—if not the en- tire world—is mentally torn asunder over the Hickman trial, where a hu- man fiend absolutely should have no consideration whatever on account of his brutal murder and dismembering of the body of a 12 year old school girl. There is no known legal punish- ment adequate to the exigencies of the case. A young. intelligent lawyer, who hopes for a brilliant career, has start- ed out with the deliberate intention of delaying jjustice. Thereby, while he cannot hope to rescue his client from the ultimate fate which is justly his due, he hopes to gain prestige as a criminal defender—no#riety, as it were. Whom is he emulating? Cer- tainly no one of eminence in the judicial world. The only genuine is- sue in the Los Angeles case, where the accused has confessed to one of the most atrocious crimes of any age, is whether this young fiend was legal- ly sane at the time he committed the crime, which was so ghastly that the Chicago attorney, before referred to, refused to associate himself therewith. It is a simple issue, which in this par- ticular case could ‘be determined in a few hours by an examination of the facts and circumstances already at hand in abundance. If the defense attorney is an “officer of the court he should feel the moral responsibility of clearing away all semblance of doubt without unnecessary delay. In- stead, he has already msulted the judge originally assigned to try the case by impugning his honesty, which in all his career has never before been even technically questioned. Michigan has a few of these legal lights which it would be a charitable act to call “shysters.’” They come into temporaty prominence, ‘but are rapidly eclipsed. That is one of the reasons why the action of the Flint defense attorney appeals to one. He wanted his client ta have a full meas- ure of justice, such as was Originally contemplated by the originators of judicial procedure, and he got it. But the lawyer did not find it necessary to come out in the public prints and ad- vertise his accomplishments. His pro- cedure was conscientious and consist- ent and he remains a_ law-abiding citizen. It is a question if the co-operation between an attorney and his client, to defeat the ends of jjujstice, through technicalities, is not an act of con- spiracy, and punishable as such. It ought to be made plain to the embryo attorney that the license the ‘State gives him to appear and practice in the courts, is a revocable privilege, not an arbitrary right, and that it carries with it real obligations. The lawyer is to protect his client from injustice, but not from jjustice. Congress is at last trying to do something to regulate the affairs of the shipping board, one of those oligarchies inherited from the war, the members of which are bent upon destroying February 15, 1928 MORTON HOTEL Grand Rapids’ Newest Hotel 400 Rooms -i- 400 Baths RATES $2.50 and up per day. Occidental Hotel FIRE PROOF CENTRALLY LOCATED Rates $1.50 and up EDWART R. SWETT, Mgr. HOTEL GARY. 400 Rooms from $2. Everything modern. One of the best hotels in Indiana. Stop over night with us en route to Chicago. You will like it. Cc. L. HOLDEN, Mgr. “A MAN IS KNOWN BY THE COMPANY HE KEEPS” That is why LEADERS of Businesa and Society make their head- quarters at the PANTLIND HOTEL “An entire city block of Hospitality” GRAND RAPIDS, MICH. Rooms $2.25 and up. Cafeteria -i- Sandwich Shop | CODY HOTEL | GRAND RAPIDS RATES—$1.50 up without bath. $2.50 up with bath. CAFETERIA IN CONNECTION earns Henry Smith FLORALCo., Inc. 52 Monroe Avenue GRAND RAPIDS Phone 9-3281 HOTEL KERNS LARGEST HOTEL IN LANSING 300 Rooms With or Without Bath Popular Priced Cafeteria in Con- nection. Rates $1.56 up. E. S. RICHARDSON, Proprietor WESTERN HOTEL BIG RAPIDS, MICH. Hot and cold running water in ali rooms. Several rooms with bath. All rooms well heated and well venti- lated. A good place to stop. Amer- ican plan. Rates reasonable. WILL F. JENKINS, Manager NEW BURDICK KALAMAZOO, MICHIGAN In the Very Heart of the City Fireproof Construction The only All New Hotel in the city. Representing a $1,000,000 Investment. 250 Rooms—150 Rooms with Private Bath. Kuropean $1.50 and up per Day. RESTAURANT AND GRILL— Cafeteria, Quick Service, Popular Prices. Entire Seventh Floor Devoted to Especially Equipped Sample Rooms WALTER J. HODGES, Pres. and Gen. Mgr. Warm Friend: Tavern Holland, Mich. 140 comfortable and clean rooms. Popular Dutch Grill with reasonable prices. Always a room for the Com- mercial traveler. E. L. LELAND, Mgr. HOTEL OLDS LANSING 300 Rooms 300 Baths Absolutely Fireproof Moderate Rates Under the Direction of the Continental-Leland Corp. Georce L. Crocker, Manager. Wolverine Hotel BOYNE CITY, MICHIGAN Fire Proof—60 rooms. THE LEAD. ING COMMERCIAL AND RESORT HOTEL. American Plan, $4.00 and up; European Plan, $1.50 and up. Open the year around. HOTEL FAIRBAIRN Columbia at John R. S$ Detroit 200 Rooms with Lavatory 3 50, $1.75, $2. 00 100 Rooms with Lavatory and Toilet $2.25 100 Rooms with Private Bath $2.50, $3.00 Rates by the Week or Month “A HOME AWAY FROM HOME” “We are always mindful of our responsibility to the pub- lic and are in full apprecia- tion of the esteem its generous patronage implies.” HOTEL ROWE Grand Rapids, Michigan. ERNEST W. NEIR, Manager. LL Columbia Hotel KALAMAZOO Good Place To Tie To Four Flags Hotel Niles, Michigan 80 Rooms—50 Baths 30 Rooms with Private Toilets TERENCE M. CONNELL, Mgr. >. a 4 a» fl - . @ « - - ma “v4 - | ~ & ‘ > i» - o z * » a =< » 4 - > « j . ~ > ~ o> + a 2 . > ~ t ‘> & a « ~ € . » * * é . dae maceratargg- i i { paint February 15, 1928 of its merchant marine or giving away its vessels to organizations which would destroy their efficiency. Some time ago I mentioned a _ condition which deserved prompt correction by Congress. It is the practice of selling our vessels to corporations who im- mediately register them under foreign jurisdiction. Why? Because of the in- famous La Follette seaman’s act, which makes it impossible for our own merchant ships to operate at a profit. It has almost annihilated the shipping activities on the great lakes. There the only. steamships which produce profits for their owners are of Canadian registry. Anyone who. has made an observa- tion of conditions as I have knows that the most of the ships sailing from the Pacific ports are registered in Japan and are manned ‘by Japanese sailors, although supposedly representing the American interests. The LaFollette legislation is no protection to shipping unions, even though handed to them as a political sop, for thousands of their kind are kept from _ positions which are now filled by foreign em- ployes. They could not take a job on one of these vessels without bringing down on the heads of their employers the majesty of the law and _ ostra- cism by fellow members of their re- spective unions. If, instead of spend- ing a vast sum of money in investigat- ing, ‘Congress will undo the plana infamy, American sailors wil] manipu- late American ships profitably, and then if Uncle Sam wants to relieve himself and the taxpayer from the odium of Government ownership there will be no occasion to defend the future actions of the shipping board. We will build up foreign commierce un- hampered and live happily ever after. From the pulpit of a certain pyro- technic evangelist in Los Angeles, comes an accusation against a Federal and half a dozen circuit judges, no names ‘being mentioned. But they have all been implicated as participants in booze parties. The scandal has as- sumed such proportions that it has been taken up by the state bar associa- tion, not that they claim jurisdiction over the judges, but a score of prom- inent attorneys are also mixed up in the matter and explanations are ex- pected, if not forthcoming. What is eating these God given guardians of you, me and the other fellow? We all, or the most of us do, know of some particular judge who takes a little something to ward off the effects of possible snake-bites wken out fishing or hunting, but uniformly when they get ‘back on their jobs they make life a burden for the fellow who is caught red-handed with a half-pint on his hip. We also know that even preachers find all work and no play depressing, and take a little relaxation occasionally. Why should they take an overworked iudge to task ‘because his stomach “hones” to ‘be renovated? A few years ago in California when a tenderfoot offered copper coins in payment for a purchase, he was told without hesitation that money, instead of copper, was desired. To-day it is claimed there is a distinct shortage of pennies in this particular zone. Is this an evidence of advancing civilization or a shortage of larger coins? To former visitors in California, this will prove reminiscent: Scores of “sub-division” representatives throng the parks and other public places under the guise of Good Samaritans. They uniformly offer you a free trip to the countryside, ‘with a free meal thrown in. If you accept, you travel to the free meal in a great bus operated by the real-estate company. You are driven over a beautiful highway to the place where you are to have the free eats. All you have to do is to sit and listen, during the meal, after the meal, MICHIGAN TRADESMAN and through the ride, to a salesman who tells you and your companions of the beauties and possibilities and the investment value of the tract of land you are taken to see. And the meal, in most cases, is one that will keep you from starvation un- til the next one on the following day. Some of the companies have dining rooms on their tracts. Others have arrangements ‘with cafes near by and still others take you to a neighboring drug store and tell you to “go as far as you like’ at their expense. It ‘s said some of the larger companies spend as much as $25,000 monthly in bus rides and meals alone. Others are said to have a battery of telephone girls going through the telephone di- rectory, name by name, inviting guests to week-end trips. In every instance you are repeatedly told that you are under no sort of obligation to buy any- thing. The pleasure is always theirs. The strange part of the whole proceed- ing is that the real estate firms lose nothing by the free rides and free meals—that they earn much, as a rule, iby them, in the course of time, and almost convince you that you carry joy to them. The reasons for this are simple. They know that men or women who dress well and have leisure time to take these trips are usually persons who be- long to the leisure class and have money to invest. But they are said to keep a close watch on the bus riders, just the same, for repeaters—men or women who take the trips frequently but do no buying. The solicitors are supposed to get a rake off on the sales commissions, but some of them have informed me that they get a flat bonus of $2 for every passenger secured, whether they make a purchase or not, but if a sale is accomplished they get a lick at the ‘lasses barrel. There are scores of these busses and hundreds of these solicitors, so that anyone feeling like taking an airing or eating a free lunch, and possessing the necessary good clothes and the air of prosperity, can get under the canvas make the solicitor happy and, seem- ingly, radiate joy upon the enthusiastic promoter. ‘On several occasions I have warned the folks back home to the effect that if they come out here they should be in possession of a full wallet, or, at least, a return ticket. There are no soft snaps in the way of jobs awaiting anybody here. In fact, there are a great many individuals out of work— thousands of them. There seems to be no particular reason for this, except that too many people migrate to California on account of the advantag- es of climate, with the result there are too many workers for the jobs avail- able. Then again, there are what is known as “native sons” and these are given preference universally. I am speaking of this condition for the rea- son that recently I met quite a num- ‘ber of Michigan school teachers who came out here an a gamble only to find that before they can accept a posi- tion here, they must have a state cer- tificate, a document which is only issued upon a one year residence in California. One can live very reason- ably out here, but they must be pro- vided with funds to live on, or there will be much embarrassment. ‘California recently adopted a very vigorous and far reaching anti-firearms law. Under this new regulation no- body, unless a duly accredited law en- forcement officer, may carry a one- hand firearm of any description, the theory being that the possession of such a death dealing implement is prima facie evidence of an intent to commit robbery, and it carries with it a major sentence, in the state peni- tentiary. Also, if firearms of any description are discovered in an automobile, whether concealed or not, the penalty is almost as severe. For shotguns and the like the very first thing to do on reaching the state border is to turn the last named articles over to some Official and then proceed in the regular way to procure a sporting gun license, which will protect you against police interference. But under no circum- stances attempt to reach your destina- tion without such permit, for the rea- eon that one-half the fine imposed goes to the informant, which makes it an incentive for a great many individuals to spy on the tourist. It is a question as to whether a gun of any description would prove of any value while motoring across the plains. Along most of the highways tourists travel in calvacades through prefer- ence, and very few holdups are re- ported. But the presence of a gun if you are the victim of high-jackers, is like waving a red rag at a bull and malefactors usually make it an excuse for rapid shooting. Under the laws of the Golden State, dogs are only permitted to run at large upon your own premises and must be provided with a license tag. If taken beyond one’s own domain, it must be under leash, and this doesn’t mean maybe. There are no dog pounds, and no pulls. No tag—no dog is the rule. So don’t think of bringing an ariel wonder or an engelic Pekinese with you unless you are willing to comply with requirements, or the bogie man will get you. Also don’t try to smuggle one of these domestic necessities into a public park, or the guardians of the law ‘will prove to you that they are actually peeved. Every time we pick up a newspaper we find where some thug has entered a banking institution in broad day- light, held up the cashier and departed with a load of swag. When inter- viewed, bank officials uniformly tell you that their institutions are fully protected by insurance and the opera- tive stacks up another pile of yellow backs ‘to prove an incentive for future operation’ by hold-up men. I could never understand why it was necessary for a ‘bank, especially where protection was meager, to place on dis- play all of its cash assets. “t seems to me where large sums were being checked out, it could be done privately, thus doing away with the necessity for handling so much cash in the open. then, again, it seems as though some special guardian should be provided to watch all transactions at the paying teller’s cage. It might cost a little something to provide such a service, but it would at least be the same as providing additional insurance against hold-ups. I know of a certain bank in Michi- gan in one of the smaller cities which employes a sharp-shooter, with a Win- chester rifle, to watch over every movement in the currency department. By pressing a button he can immedi- 25 ately close and lock the front door. He is protected in a steel ambuscade. An arrangement like this seems far more practical than organizing posses to fol- low up robbers after the act has been committed. It is one of the few ideas I did not invent, but it seems very practical. The legion of friends of Mr. and Mrs. George W. Woodcock, both in and out of the hotel fraternity in Mich- igan, are regretting the loss of his Ho- tel Muskegon, at Muskegon, the other day, by a fire which entirely consumed the building. Mr. Woodcock, who owned the furniture and equipment, and has operated it for the past decade, is one of the best known and most popular hotel men in Western Michi- gan. Prior to assuming proprietorship of the Hotel Muskegon, he was man- ager of the Hotel Stearns, Ludington, and for a while after coming to Mus- kegon, managed Hotel Otsego, Jack- son, with Mrs. Woodcock managing the Muskegon institution, which she did most successfully. I am unadvised as to just what will be done concern- ing the future of the Muskegon enter- prise, which enjoved a good patronage, but I am sure whatever happens, the Woodcocks will land somewhere in a congenial situation. Frank S. Verbeck. —_——_»>+.____ Wild Pineapples Make Pulp for Paper. London, Feb. 10—Carao, a species of wild pineapple found in Brazil, may soon be used to provide pulp for mak- ing first class paper. For centuries the natives of Brazil have cut the long narrow leaves that protect the carao fruit, and have obtained fiber from them by beating between two stones. From this they made twine and ropes by wet rottme’ Experimenters found that after submitting this rope to a treatment, which included a dip- ping in a caustic soda solution, the wild pineapple became excellent paper fit for any of milady’s correspondence. HOTEL BROWNING 150 Fireproof Rooms GRAND RAPIDS, Cor. Sheldon & Oakes Facing Union Depot; Three Blocks Away. is broken. ASTER Get Your order in NOW before the line EASTER SUNDAY APRIL 8 NATIONAL CANDY CO., Inc. PUTNAM FACTORY GRAND RAPIDS, MICHIGAN CANDY EGGS CHOCOLATE TOYS COTTON TOYS BASKETS 26 DRUGS Michigan Board of Pharmacy. President—James E. Way, Jackson. Vice-President—J. C. Dykema, Grand Rapids. Director—H. H. Hoffman, Lansing. Coming Sessions—Grand Rapids, March 20, 21 and 22. Michigan State Pharmaceutical Association. President—J. Howard Hurd, Flint. Vice-President—J. M. Ciechanowski, Detroit. Secretary—R. A. Turrell, Croswell. Treasurer—L. V. Middleton, Grand Rapids. Easily Prepared Drinks Which Create Profits. Good coffee has such a tremendous following that we may well make a leader of it. The big thing is to have drinks that will build a following. Most people are accustomed to good coffee at home. This being the case, it is astonishing what they will sometimes drink down town. A business man questioned on this point said: “I haven't much time for lunch. I patronize that place because it is convenient. The food might be better, and the coffee is terrible. But the place is convenient, and the lunch rooms around here are all alike.” “But you would have time to go a couple of blocks further for good stuff, wouldn’t you?” “Oh, yes.” This outlines the situation. Superfine coffee will draw them from many directions. Pick out a really good brand or blend. If you deal direct with a coffee job- ber, have your coffee freshly ground at frequent intervals. Some get their supplies daily. Make the morning. Have the process always the same. Insist on this. Serve it hot. Use real cream. There is enough stuff here for an advertising folder. A few words about preparing coffee for the market would not be amiss. If you get your cream from a notable dairy farm, you have a good point. Play us such items. People like to know about such things. It is not sufficient to say—‘“We have good coffee.” Explain why your coffee is good. coffee up fresh every Let us assume that you mail a folder to every office in the neighborhood. This will bring in some investigators. The folder having brought them in, we depend on the coffee itself to come up to the claims made, and to hold trial customers. And remember—too many good products are spoiled in the kitchen. The coffee man supplies you with fine coffee. He wants your business. The dairyman sells you excellent cream. He wants your business. If these products are carelessly brought together, the money expended is wast- ed. The answer is—constant super- vision. Take nothing for granted. The best dispenser under whom I ever worked would sometimes notice on the counter a glass or mug containing a drink only half consumed. He would immediately pour the remnant into an- other container and taste it. Usually one taste was enough. At that foun- tain dispensers soon learned that in- MICHIGAN TRADESMAN ferior drinks could not get by. Cus- tomers might not complain, but the boss did. All good leaders have a perpetual advertising value. Use printed matter to get people into the store. Really good drinks will hold them. Word of mouth advertising will bring in other customers. Thus the building process goes on. Included among your hot soda drinks are excellent soups or bouillons, as- paragus, chicken, beef, tomato, clam, and so on. I doubt if all the adver- tising you could do would sell any of these during the breakfast period. Peo- ple simply do not drink soup fo breakfast. These are suitable luncheon drinks, some of them will sell during the after- noon, we might have a little boom dur- ing the dinner hour, and_ especially should we feature them after the theater. For these various purposes employ appropriate placards. Dyspepsia is aggravated by not having time to chew the food Lunch on Tomato Bouillon. This is carefully worded and was gotten out by an advertising expert. He says: “Of course, if people would chew their food properly they wouldn’t have dyspepsia, and they ought to take time to chew their food. Plenty of them realize this. At the same time they do not care to be confronted with their shortcomings too plainly. So we try to tell the story without being too plain in our statements.” His point is well taken. After shopping try a cup of Celery Bouillon. It is soothing. After shopping try a mug of Hot Chocolate as a quick restorative. These fit the afternoon period, when we also feature afternoon tea. After- noon tea can be made quite a function. We can make it “swagger” by serving a hot marmalade with wafers, or per- haps a small jar of special cheese. It is restful to find a quiet table after the shopping crush, and many dispens- ers make a point of their restful sur- roundings. A dispenser located near a theater gets up a special trim for the theater crowds. This varies, but he always shows this placard: Give Her a Treat After the Show Then follows a list of hot soda drinks. The theory is that a young man sees this placard, that his girl sees it, and that he knows she has seen it. It’s a good “line.” Probably most doctors will agree that a light hot drink taken just be- fore retiring will tend to induce natural sleep. Hot milk certainly has this effect. Now in the hotel district are many old boys who can’t sleep. Why not a timely placard for their benefit? Can’t Sleep? Try a hot drink every night just before retiring. This kind of a placard will get some customers, and the customers ought to get results. Hot clam broth weak stomach. Hot chocolate is assuredly a restora- tive, something to take the place of the afternoon cocktail. is grateful to a All hot food drinks are fine for dyspeptics. ‘Mix in, throughout the day, some placards covering these points. The big money comes in during the luncheon period. Many thousands are on the streets then that are up town at night. Hot soda fits in splendidly with a food feature. Given a bowl of soup, a sandwich and a cup of coffee, we have a nice luncheon order. For dessert, we bring in cake, pie, the various ice cream combinations, cream puffs, tarts, any- thing desired. The great cry has always been— “How can I operate a food feature without a cook?” Hot soda comes in handily here. Do not overlook what may be ac- complished with hot waffles, which anybody can serve by means of an electric iron. Hot waffles with honey, with syrup, or with butter, a superb breakfast or luncheon leader. This field has been scarcely touched as yet. It has great possibilities. In all down-town floating districts, there is a lot of so-called “floating business.” Go after it. —_—__ Greatly Impressed With Three Fea- tures in Calfornia. Since our arrival in California I have been asked as to what man-made improvements I had noted in the State I considered the most important. My reply has been I have been greatly im- pressed with three things, as follows: 1. Control of water supply, irriga- tion by which the barren desert has been made to bloom, and turned jnto a veritable garden, furnishing more food stuffs, fruits, grains, vegetables, cattle, sheep, etc., than any like area in the whole country. 2. The great school system of the State, which ranks high among the school systems of the country, and ranges from the kindergarten, gram- mar school and high school to normal, college and universities, including schools of such reputation as Leland Stanford and Berkeley, all housed in buildings of the finest architecture. I have never seen more beautiful and up-to-date school buildings anywhere, even the rural districts have the latest in grammar and high school buildings and the “one room school’ is almost unknown. 3. The great system of paved and hard surface highways extending to every corner of the State, of which we have taken full advantage since our arrival, as we motor somewhere al- most every day and have made some very interesting side trips at week ends and during the Thanksgiving and Christmas week vacations. I will try to not tire the Tradesman readers by telling of all these trips, but will con- fine my letter to one or two of the trips which impressed us the most. We arrived here on Thursday, Oct. 20, and the following Sunday we start- ed early for a seventy-five mile drive to General Grant National Park in the great National forest, high up in the Sierras. The road followed was paved most of the way and of ample width for cars to pass at any point, wound February 15, 1928 around the mountains at easy grades, through passes from ridge to ridge on ever up through the most beautiful mountain scenery, the sides of the mountains as far as the eye could reach covered with dense growth of great redwood trees. We stopped at the ranger station at the entrance to the park, registered, and paid entrance fee of $1, which is used by the Government in making im- provements to the park, roads, etc. We arrived at the hotel, cottages, com- missary and ranger station in time for an early dinner right in sight of the oldest and largest trees in the world, many of which have been given the names of states or generals. The one called General Grant is 264 feet high and has an average diameter of 35 feet. Imagine, if you can, a standing tree from which lumber sufficient to build twenty-two average homes can be cut. One of the giants is said to contain 361,366 board feet of merchant- able lumber. The Fallen Monarch, which lies on its side, has been gutted by fire, leav- ing an opening the whole length, some three hundred feet, and open on one side. Walking through and reaching as high is I could reach I was unable to touch the top shell or ceiling and at the side a number of large cars could park side by side, and com- pletely under shelter. After leaving the mountains on our way back to Fresno we passed through Ovange Cove, where the sweetest of navel and Valencias grow, thence through Selma, “the Home of the Peach,” where Libby, McNeal & Libby, Del Monte and other large can- ners of fruit have great packing houses. We arrived home in good season and all agreed that the day had been well and enjoyably spent. A week after we made the trip snow fell in the mountains and the valley folks, to whom snow is a real treat, spent the week ends at the park en- joying such winter sports as tobog- ganing, skiing, skating, etc. At Thanksgiving time the schools closed for a week and we improved the opportunity by motoring to Los Angeles, going by the ridge route, and arriving seven hours after our depart- ure. Here we visited Margaret Lake Greer, a sister of my business partner. She formerly clerked for us at our Petoskey store, but has been in the West some twenty years. At Pasadena we made calls on the Klise family. Mr. Klise was formerly manager and at the head of the Rotary Pump Co., in Petoskey; also called on Mr. and Mrs. Charlie Hamill, Miss Agnes Dean, Mrs. George Branch, and some other old home acquaintances. We also visited Meral Leach and wife, of Petoskey, who are wintering at Venice and seeing the Golden State by auto. In company with them we motored via Long Beach and the ocean highway to San Diego, where we spent a day sight seeing and making a side trip to Tia Juana, in old Mexico, where we visited the Foreign Club, seeing more silver dollars than I knew existed piled on the gaming tables and saw the old-time open saloon, with beer and whisky aplenty as in the days of yore; and it didn’t look so good either. bi February 15, 1928 MICHIGAN TRADESMAN 27 We crossed the State line without turn by Lincoln Highway to the most WHOLESALE DRUG PRICE CURRENY question and back to San Diego, where _ perfect summer clime in the world— we spent the night. The next day, good old Northern Michigan. Prices quoted are nominal, based on market the day of issue. Thanksgiving, there were 25,000 people Fresno Calif. Lewis A. Smith. Acids Cotton Seed _.. 1 30@260 Belademe _.. @1 & at Tia Juana taking in the annual aa Boric (Powd.) .. 12%@ 20 yon ------ --- : coe - aeons nes @2 28 horse races and we found the hotels The latest tragedy of the air, in eo cel a ° : hayes 1 25@1 50 ltt $3 16 . as ’ -- x at San Diego pretty well crowded. i ee Citric 53 @ 70 Hemlock, pure.. 2 00@2 25 Cantharadies -__ @2 52 Ne ad aate which three men lost their lives when wuriatio ~ 3%@ 8 Juniper Berries. 4 50@4 75 Capsicum -____- @2 28 a es "their machine crashed on a farm in Nitric ---------- + 6 i Pape Wood ~ ) ee Cascche @1 «4 calling on friends at Whittier and : f Oxalie 6%@ 25 Lard, extra ---. 1 55@1 65 Cinchona -______ @2 16 icra: < fj the Mohawk Valey, calls attention Sulphuric __-_- 3%@ sg Lard, No, 1 _... 1 25@1 40 Colchicum @1 80 ee: Bese cad oh sols Feenl: anew to the utter folly which seems Tartaric -------- “¢ @¢ 2 CO ens eu man, a former -Petoskey business man, ‘ : as ae Lavender Gar’n_ 85@1 20 Digitalis @2 04 ss Meet a hola oe en ws to grip so many aviators. The machine ads pane —— - 00@4 35 Gens a ¢} a ated at Ane : 1 yas 4 ainseed, Taw, DDL. @ 7 uaiac < i : a the unfortunate men were in was new, Water, 26 deg._. 06 1g Linseed, boiled, bbl. @ 81 Guaiac, Ammon. very interesting, taking us over good oie de Ae At abil ol ‘tself Water, 18 pr ag oe%o 13 Linseed, bid. less 88@101 fodine’ oi 25 pavement, along the ocean beach : is c Water, 14 deg... 04%@ 11 Linseed, raw, less 85@ 93 [odine, Colorless. @1 50 et ea py Should have made the pilot, who was Carbonate -.---- 20 @ 25 Mustard, artifil.oz. @ 35 fron, Clo. __--.--- @1 56 through the big oil developments, by i : ‘ Chloride (Gran. 09 @ 20 Neatsfoot -..... 1 36@1 35 Kino @1 44 the Old Missions and returning an experienced aviator, use the utmost Olive, pure -... 400@5 00 Myrrh _.________ @2 52 Pena ees Saat aki Olive, Malaga §$#8§= Was Women through the beautiful walnut and citrus fo oe before taking of on @ lone Balsams yellow -...-_.. 2 85@3 25 oa ae < yo belt to Weusee, where we spent another flight with passengers. There was nO Copaiba __-..._- 1 00@1 25 Olive, Malaga, Opium, Camp. _.. @1 44 day with the Leaches, visiting the “'8S°"cy driving them into the air. Yet Pir nen 7 got 00 Orange, Sweet . 5 00g8 23 fren os Se hones hs tony a they left the Albany airport in a thick Peru ..-.--... 7“. 3 00@3 25 Origanum, pure_ @2 50 pe eee es peaches and the Hollywood studios. ee : a Tele 20 2 00@2 25 Origanum, com’! 1 00@1 20 The ' ae Cal fog—and a Mohawk Valley fog is of a Pennyroyal __.. 3 25@3 60 ie next day we drove to anunga nature that makes railroad engineers Sarin Peppermint -... 5 50@5 70 Paints Park, where we spent a day and night . Rose, pure .. 13 50@14 00 P y 8 } ly As th at th Sealed Hea b cee Ghd Ghend gray haired at an early age. s e Pvp (ordinary). 25@ 30 Rosemary Flows 1 25@1 50 Lead, red dry __ 13%4@13% ik .?¢ ’ engine of the plane was running when ao ae (Saigon)-. 60@ 60 Sandelwood, E. Lead, white dry 134@13% L. Cc: Mason and family who formerly ‘~ é assa ras (pw. 50c) @ 60 IL. ee eceeeomweee 10 50@10 16 Lead, white oil__ 13% @13% me : " they struck the ground it is probable Soap Cut (powd.) Sassafras, true 1 75@2 00 Ochre, yellow bbl. @ 2% lived a Bay View, Mich., but have : i: tide wail d0@ 2 20@ 30 Sassafras, arti’) 75@1 00 Ochre, yellow less 3 ‘ ceca a Gl ae i that the pilot had lost a’titude without Sneaviiiut 8 00@8 25 Red Venet'n Am. 3% : y : ef _ el ee ee en located at ‘Cahunga for the pas knowing it. Not all aviators can be Gavcles aad 1 50@1 75 Red Venet'n Eng. 4@ 3 three years. Their son, Wendell, is : oe Bervi Tay 7 00@7 25 Putty ..---.-.___ 5@ 8 éonacehed wilh dic Ecales of the Uni Lindberghs, but they can at least imi- Gubeb erries @100 Tar YuSsp oo 66@ 75 Whiting, bbi. __ @ 4% ae oe ee tate him to the extent of exercising [Fish --_._________. @ 25 Turpentine, bbl. = & er ie So S%4@ 7 versity of California, Southern Branch, i uniper __.._.._.. 11@ 20 Turpentine, less. 75@ 88 P. Prep... 2 90@3 at Los Angeles common prudence when nothing more’ prickly Ash ______ @ 176 WEtasereen. iueee Rogers Prep. -. 2 90@3 ¢ d ~OS f na i : i OEY Gg RRORUE TEES Samick We arrived back at Fresno Sunday than ordinary business calls for fly'ng. Cctencte We renee. sweet ‘ . ren 00@3 25 : p. m. in good time for the opening of Licorice ---------- 60@ 65 Wintergreen, art 75@1 00 Miscellaneous f Licorice, powd. --. 60@ 70 Worm Seed 5 00@5 25 Acet. school, Monday, having spent a de- Wormwood _.. 15 00@15 25 — ----- ue : lightful and instructive week. n Lime Brick Flowers Alum. powd. and Fi ae, : Ah Sa a Apnies = 1 75@1 85 ; ground -_____.. o9@ 15 We spent part of our Christmas Chamomile (Ged) @ 40 Potassium Bismuth, Subni- week at the beach cities and resorts of Hathing as Ducane Chamomile Rom\_ @ 69 Bicarbonate ---- 35@ 40 CE ana 2 83@3 08 on Nothing as Fireproof Bichromate _____ 15@ 25 Borax xtal or Del Monte, Monterey, Pacific Grove, Makes Structure Beautiful ea bear ee “ = ee oS Sse, 15 : : ee en | ume. ll Bromide 2 $, po, 1 bu@2 vv Carmel, Santa Cruz and San Jose; also No Painting Acacia, Ist _____- 50@ 65 Chlorate, gran’d 23@ 30 Calomel oe 2 7202 82 a week end at San Francisco and Oak- No Cost for Repairs ca ane fe a 50 paki powd. a ole um, powd 50@_ vu ? : . i f Weather Proof Acacia, Sorts --. 20 25 or Xtal ______ 6 25 Carmine _ 7 00@7 50 land, and at some future time will Pit en . a gpa Acacia, Powdered 35@ 40 Cyanide _____-_- 30@ 90 Cassia Buds ____ 380 40 write of interesting sights seen on ee Aloes (Barb Pow) 25@ 35 Iodide -_-------- 4 36@4 55 Cloves -~..______ 50@ bo uae ip 1 . Aloes (Cape Pow) 25@ 35 Permanganate __ 20@ 30 Chalk Prepared. 14 16 these trips. Brick is Ever asting Aloes (Soc. Pow.) 75@ 80 Prussiate, yellow 40@ 50 Chloroform -... 53@ 60 oe \ h Asafoetida ______ 50@ 6v Prussiate, red _ @ 70 Chloral Hydrate 1 20@1 5v n the sping, 1en : he show as GRANDE BRICK CoO. _Pow. ~~-------- 75@1 00 Sulphate __--___ 35@ 40 Cocaine ______ 12 85@13 50 melted at Yosemite National Park, we Grand Rapids oa “ - cae — ---- “ee ° UL Geo a Ss ess. U- expect to spend a day or two there Guaiac, pow’d __ @ 90 Roots Copperas ._____ @ io viewing the falls and other beauties SAGINAW BRICK CO. Kino ------~----- @1 - Albanct 30@ 35 Pda Powd. 4@ 10 : : * Kino, powdered-- @120 Blood, powdered. 35@ 40 GOrrosive Sublm 2 25@2 30 which nature lavished so freely there, Saginaw. oe @ 75 Calamus. 35Q 75° cream Tartar .. 35@ 45 and in the early summer we will re- Myrrh, powdered = @_ 30 ‘iecampane, pwd. 25@ 30 Fut’ Done - “= * J ateas powd. oH ois Gentian, powd 20@ 30 po a Ba 6 pium, gran. 5 a Ae 3 ae over’s Powder 4 00@4 60 Shellac =. 65@ 80 a . 30@ 35 Emery, All Nos. 100 15 Tragacanth, pow. 1 ie Ginger, Jamaica. 60@ 65 Lpsom' Salts, bbls, aie acan po ; [ eet alts, 3. 3 Tragacanth .... 2 00@2 $5 one ws Ipsom Salts, less 3% 10 66 99 urpentine -._... 30 Goldenseal, “pow. @8 00 orgot, powdered __ @4 0v MONOGRAM” BRAND SANITARY csideoeal, pow: “eR Fiske: Wiis" ag! SEALED BOTTLED GOODS oe Licorice, “paw.” 309 8 Se re aaa « oo. --------- 08@ 20 Orris, powdered. 30@ 40 ao less 55%. : i slue Vitriol, bbl. @07% Poke, powdered 353@ 40 assware, full case 60%. All put up in Metal Screw Cap Bottles (with few exceptions) a ee ee Rhubarb, powd... @100 gyatber Salts, Phas ug 10 : : : . Rosinwood, powd. @ 40 attractively labeled, and highest grade of goods. Here is the Hellebore, White Seen Glue, Brown __._ 20@ parilla, Hond. > > : . : powdered -___._ 18@ 30 d 11 Blue. Brown Grd 16@ 32 list: Insect Powder -- 35@ 45 ,8cOUnG ---so-55 ° Glue, Whte -... 27%@ 35 Lead Arsenate Po. 13%@30 Qareanarilla --—~ Hg sg Glue, white grd. BO 35 4 vi ° oo) a th a ae Cauetetiiwees 00) eer ee ok rere Glvceri > os f i Ammonia, Bay Rum, Benzine, Beef Iron and Wine, Carbolic esa ae 08@ 23 Saulles ae — = “ } aa lees 160 - YS 2 r oo Acid, Citrate of Magnesia, Extract Anise, Extract Lemon, Ex- Paris Green ---. 22@ 42 Tumeric, powd.-- 20@ 3 si ~ § Seen tract Vanilla, Extract Wintergreen, Extract Witch Hazel, Food ee ee o1 0 Lead Acetate" 20g. i0 ’ ’ , Leaves Me @1 50 Colors, Formaldehyde Fluid, Extract Cascara, Aromatic, Gly- Books @1 00 Mace, powdered. @1 60 = es Seeds , : ‘ Buchu, powdered @1 1 Menthol -...-... 7 50@8 00 cerine, Glycerine and Rose Water, Goose Grease, Hoffman's Sage, Bulk __-.._ 3g go Anise --_--.-.-. 85 Morphine ____ 12 83@13 98 ; . ae ‘i ‘ Sage, % loose -. 49 Anise, powdered io 40 Nux Vomica .... @ 30 Anodyne, Lime Water, Oil British, Oil Camphorated, Oil Cas- Sage, powdered__ @ 35 — 2 a z Nox Vomica, pow. 15@ 25 : : 4 3 : : Senna, Alex. .... 50 16 ary --2----- epper, black, 50 tor, Oil Cinnamon, Oil Citronella, Oil Cloves, Oil Cocoanut, Senna, Tin. pow. 30@ 85 Guanes, Fo: Me ae. a Pepper, White, . oer ao 18 ; : : : i : : ‘ : Ural os mon ~.--.- c urgudry 20@ 25 Oil Cod Liver, Oil Cotton Seed, Oil Minerial, Oil Fish, Oil ue Coriander pow. .30 20@ 25 Quassi a co | 6M 1G a Ate . : * ‘ A BW... «=o AG 20 uinine. Neatsfoot, Oil Olive, Oil Peppermint, Oil Sewing Machine, Olls Fennéil ~~~ 28g 50 Bochells 6 os. cans n& 69 ‘i . . . . Almonds, Bitter. pabentneneien eo acharine ...... 2 60@2 76 Oil Skunk, Oil Tar, Oil Wintergreen, Mercurachrome Solution, true... 7 60@7 18 Flax, ground -... 7@ 18 Salt Peter _.--.. ig 22 Spirits Ammonia Aromatic, Spirits Camphor, Spirits Nitre, Almond, Bitter, sess Foenugreel ~~ 7G — oe ne ss Spirits Peppermint, Spirits Turpentine, Solution Silicate of Almonds, Sweet, caeke ited case gt ey "We a a2 a. C x . . ° . e ‘ ies er er erenee are ° * astils Soda, Tincture Aconite, Tincture Arnica, Tincture Belladonna, Almonds, Sweet, Mustard, black.. 20@ 25 case ...... @165 00 . . . : : ; imitation _... 1 00@1 25 Poppy ---------- 15@ 30 Soap, white castile Tincture Buchu, Tincture Iron Chloride, Tincture Iodine, Tinc- Amber, crude _. 1 25@1 60 oon. ---------- 1 7“ - . less, per bar .. 1 60 ° ° : : : Amber, tified 1 50@1 76 ‘Sabadilla -___.__ t0@ 9 oda ASN ...-__. 3 1 ture Lobelia, Tincture Nux Vomica, Tincture Opium Cam- rose ede i sso1 60 Sunflower 11%@ 18 Soda Bicarbonate ee 10 horated Bergamont ___. 9 00@9 25 Sunflower -----. 11%@ 15 Soda, Sal -..... 02%@ 08 P 150@1 75 Worm, American 30@ 40 Spirits Camphor miepuc — 50@1 75 p Pp @1 20 ee 3 00@3 25 Worm, Levant - 5 25@5 40 Sulphur, roll -... 3%@ 10 l e P ki cao or ee +e a a oo pn "a 10 Cedar Leaf ---- amaringS __.... 20 25 Hazeltine & Perkins Drug Company || stiis*{} wets Titus Farr kent HO Cleaver conite urpentine, Ven. 15 MANISTEE Michigan GRAND RAPIDS COCPORDUE 2 oo 27%@ 35 (AIGGM.) 20. @1 56 Vanilla Ex. pure 1 50@23 00 Cod Liver —._ 165@2 00 Arnica -_---...-. @150 Vanilla Ex. pure 3 25@32 60 as, | §6Croton 2 00@2 26 Asafoetida ------ @2 28 Zinc Sulphate _. 06@ 1] MICHIGAN TRADESMAN February 15, 1928 GROCERY PRICE CURRENT These quotations are carefully corrected weekly, within six hours of mail- ing and are intended to be correct at time of going to press. Prices, however, are liable to change at any time, and country mercharts will have their orders filled at market prices at date of purchase. “ADVANCED Olives vinegar DECLINED Jelly Glasses Quaker Miik Cheese z= - = i AMMONIA Arctic, 19 oz., 3 dz. ca. 3 76 Arctic, 16 oz., 2 dz. es. 4 00 Arctic, 32 oz., 1 dz. es. 3 00 Quaker, 24, 12 oz. case 2 56 AXLE GREASE a ie. UL 24, 7 ee 6 60 19 ib. pails, per doz. 6&6 60 15 ib. pails, per doz. 11 96 25 tb. paiis, per doz, 19.15 BAKING POWDERS Arctic, 7 oz. tumbler 1 35 Queen Flake, 16 oz., dz 2 25 Royal, 0c, dos. .... Royal, 6 oz., do. .... 3 79 Royal. 12 oz., doz 5 26 novel, 6 1. Qe 41 26 Kocket, 16 0z., doz... 1 26 K. C. Brand Per case ide site, 4 dos. ...... 8 78 ISe size, 4 doz. _....- 6 60 Bie size, 4 doz ...-.- 7 20 25c size, 4 doz awe 9 OO SOc size, 2 dos. ...... 8 80 S0c size, 1 doz. _...... 8 86 10 Ib. size, % doz. __.. 6 76 Freight prepaid to jobbing point on case goods. Terms: 30 days net or 2% cash discount if remittance reaches us within 10 days from date of invoice. Drop shipments from factory. BEECH-NUT BRANDS. BLUING The Original Condensed f a4? oz., 4 dz. cs. 3 00 943 oz., 3 dz. cs. 3 15 BREAKFAST FOODS Keliogg’s Brands. Corn Flakes, No. 136 2 8 Corn Flakes, No. 124 2 86 Corn Flakes, No. 102 2 00 Pao, Mo. 3H ...---.. Pep, No. 202 Krumbles, No. 424 ~.- Bran Flakes, No. 624 Bran Flakes. No. 602 Post’s Brands. Grape-Nuts, 24s Grape-Nuts, 100s 2 Instant Postum, No. 8 6 Instant Postum, No. 9 6 Instant Postum, No. 10 ; 50 2 2 bo Bets te ~ oe Postum Cereal, No. 0 Postum Cereal, No, 1 Post Toasties, 368 .. Post Toasties, 248 .. 2 85 Post's Bran, 248 —--. 2 70 BROOMS Sere, GOR. cmon nce 5 26 Standard Parlor, 23 Ib. 8 25 Fancy Parlor, 23 Ib... 9 25 Ex Fancy Parlor 25 Ib. 9 75 Ex. Fey. Parlor 26 Ib. " 00 ee ee 1 75 Whisk, No. 3 ...n.cumcn 2 76 BRUSHES Scrub Solid Back, 8 in. _... )? 60 Solid Back, 1 in. .... 1 76 Pointed Ends -....-.. i 26 Stove 1 80 ee 2 06 ere 2 60 Shoe We ee 2 2 ww 2 60 BUTTER COLOR Daatition — 206 CANDLES Electric Light, 40 Ibs. 12.1 Piumber, 40 ibs. _... 14.8 Parafiiine, & ........... 14% Paraiiine, ifs 14h Wie 49 Tudor, 6s, per box __ 30 CANNED FRUIT Apples, 3 ib. Standard 1 50 Apples, No. 10 Apple Sauce, Apricots, No. 1 Apricots, No. 2 00 Apricots, No. 2% 3 40@3 90 Apricots, No. 10 8 50@11 60 Blackberries, No. 10 8 & Blueber’s, No. 2 2 00@2 75 slueberries, No. 10 _. 12 50 Cherries, No. praee | Cherries, No. 2% -.-. 4 25 Cherries, No, 10 .. 14 00 Loganberries, No. 2 __ 3 60 Loganberries, No. 10 10 00 Peaches, No. 1 1 60@2 10 Peaches, No. 1, sliced 1 26 Peaches, 0 Peaches, Peaches, Peaches, 10 Pineapple, 1 al. Pineapple, 2 all. P’appile, 2 br. al. P’apple, 2%, sll P’apple, 2, cru. Pineapple, Pears, No. ———<— Piums, S SRrsssases Raspb’s Black, mo 2 2k. Rhubarb, No. 10 4 75@5 50 Strawberries, No. 10 12 60 CANNED FISH Clam Ch'der, 10% oz. 1 36 Clam Ch., No. 3 ....-- 3 60 Clams, Steamed, No. 1 2 00 Clams, Minced, No. 1 8 26 Finnan Haddie, 10 oz. 3 30 Clam Bouillon, 7 oz.. 2 60 Chicken Haddie, No. 1 3 76 Fish Flakes, small .. 1 365 Cod Fish Cake, 10 oz. 1 35 Cove Oysters, 5 oz. . 1 65 Lobster, No. %, Star 2 96 Shrimp, 1, wet -.-... 2 26 Sard’s, % Oil, Key -. 6 10 Sardines, % Oil, k’less 6 50 Sardines, % Smoked 6 76 Salmon, Warrens, %e 2 80 Salmon, Red Alaska 3 75 Salmon, Med. Alaska 2 86 Salmon, Pink Alaska 1 85 Sardines, Im. %, ea. — Sardines, Im., %, ea. Sardines, Cal. .. 1 66@1 $0 Tuna, %, re .. 96 Tuna, %s, Curtis, doz, 2 20 Tuna, %s, Curtis, doz. 3 60 Tuna, 1s, Curtis, doz. 7 00 CANNED MEAT Bacon, Med, Beechnut 8 Bacon, Lge. Beechnut 6 40 Beef, No. 1, Corned __ 8 Beef, No. 1, Roast -... 3 Beef, No. 2%, Qua, sli. Beef, 3% oz. Qua. sli. 2 10 Beef, No. 1, B’nut, sli. 4 50 Beefsteak & Onions, s 3 70 Chili Con Ca., 1s 1 35@1 45 Deviled Ham, %s __. 2 20 Deviled Ham, %s __. 3 60 Hamburg Steak & Onions, No, 1 ....... 3 15 Potted Beef, 4 oz. _.. 1 10 Potted Meat, \% Libby 62% Potted Meat. \% Libby 92% Potted Meat, % Qua. 90 Potted Ham, Gen. % 1 86 Vienna Saus., No. % 1 45 Vienna Sausage. Qua. 95 Veal Loaf, Medium __ 2 65 Baked Beans Campbelis, le free 5 __ 1 16 Ciaker, 168 of SG Fremont, No. 2... 4 3 puiaer, No. i) | 6 Saer, No. 2 |. —- & 2 Van Camp, small _... 86 Van Camp, Med. _.__ 1 16 CANNED VEGETABLES. Asparagus. No. 1, Green tips __ No. 2%, Large Green Ww. Beans, cut 2 1 65@ W. Beans, 10 -. Green Beans s, 28 1 65@ Green , Qo L. Beans, 2 gr. 1 38@ Lima Beans, 2s,Soaked Red Kid, No. 2 .. Beets, No. Z, wh. 1 Beets, No. 2, cut 1 ~ A SOO pee et Op MQ A om SRSRAKRSSRSRSSSKSs S2 Beets, No. 2, cut -..- Corn, No. 2, stam. Corn, Ex. stan. No. 3 Corn, No, 2, Fan. 1 80@ Corn, No. 10 -- 8 60@1 Hominy, No .2 1°00@ bo Okra, No. 2, whole __ Okra, No. 2, cut .... Dehydrated Veg. Soup Dehydrated Potatoes, lb. 46 Mushrooms, Hotels .. 33 Mushrooms, Choice, 8 oz. 40 Mushrooms, Sur Extra 60 Peas, No. se Peas, No. 2, z Pumpkin, No. 8 1 1 6 Pumpkin, No. 10 4 00@4 75 Pimentos, %, each 12@14 Pimentoes, %, each — 27 Sw’t Potatoes, No. 2% 2 26 Sauerkraut, No.3 1 356@1 &@ Succotash, No. 2 1 65@3 66 Succotash, No. 2, ¢ 2 80 Spinach, No. 1 -----— 1 26 Spnach, No. 2_. 1 60@1 90 Spinach, No. 3. 3 35@3 60 Spirevch, No. 10. 6 50@7 00 Tomatoes, No. 2 : 20@1 30 Tomatoes, No. 3, 1 2 25 Tomatoes, No. 10.. 8 0 CATSUP., B-nut, small ...-..--- 1 90 Lily of Valley, 14 oz... 2 60 Lily of Valley, % pint 1 75 Paramount, 24, 88 --._- 1 40 Paramount, 24, 168 .. 2 36 Paramount, ----13 60 Sniders, 8 oz. 16 Sniders, 16 oz. ..---. 2 56 Quaker, 8 oz. -------. 1 25 Quaker, 10 oz. ---.. tw Quaker, 14 oz. -...... - 1 90 Quaker, Gallon Glass 12 00 Quaker, Gallon Tin -. 8 00 CHILI SAUCE Snider, 16 oz. -.-....- 3 30 Snider, 8 oz. ------... 2 30 Lilly Valley, 8 oz. .. 2 26 Lilly Valley. 14 os. .. 83 25 OYSTER COCKTAIL. Sniders, 16 oz. _.-..... 3 36 Sniders, 8 oz. _.--... 3 80 CHEESE. Roquerort 2 55 Kraft, small items 1 65 Kraft, American .. 1 66 Chili, small tins .. 1 66 Pimento, small tins 1 66 Roquefort, sm, tins 2 25 Camembert. sm. tins 2 Wisconsin Daisies ____ 29 Longhorn ones ae Michigan Daisy ol Sap Sage .....5.. 38 Soe 28 CHEWING GUM. Adams Black Jack -_.. 65 Adams Bloodberry ---. 65 Adams Dentyne __------ 65 Adams Calif. Fruit _.-. 65 Adams Sen Sen -...--.. 65 Beeman's Pepsin ...... 65 Beechnut Wintergreen_ Beechnut Peppermint — Beechnut Spearmint —.- Doublemint Peppermint, Wrigieys __ _. 65 Spearmint, Wrgileys __ 65 ouney Ure 65 Wrighey's P-K —.... 65 0 ae Terry 65 COCOA. Droste’s Dutch, 1 Ib._- 8 50 Droste’s Dutch, % Ib. 4 506 Droste’s Dutch, % Ib. 2 %5 Droste’s Dutch, 5 ib. 60 Chocolate Apples __.. 4 50 Pastelles, No. 1 12 Droste’s Bars, Delft Pastelies 1 Ib. Rose Tin Bon eee 1. 00 7 oz. Rose Tin Bon Boe 13 oz, Creme De Cara- O66 oe 13 20 12 oz. Rosaces ____.- 16 80 % Ib. Rosaces __.... 7 80 % Ib. Pastelles __---- 3 40 Langues De Chats _. 4 80 CHOCOLATE. Baker, Caracas, %s _.-. 37 Baker, Caracas, %s __.. 35 COCOANUT Dunham's 15 ib. case, %s and %s 48 is tb. case, 4s 47 15 ib. case, %s ........ 46 CLOTHES LINE. Hemp, 50 ft. ____ 2 00@2 25 Twisted Cotton, me te 3 5 ee 00 Braided, 50 ft. 2 25 Sash Cord 3 50@4 00 HUME GROCER CO. ROASTERS COFFEE ROASTED 1 Ib. Package Mere 35 haber 45 ner 41 NoGroW ....0.. 6 39 — House -_-- . 47 SOU0 62 36 aoyat Cipb 20 40 McLaughlin’s Kept-Fresh Vaccum packed. Always fresh. Complete line of high-grade bulk coffees. W. F. McLaughlin & Co., Chicago. Maxwell House Coffee. 1 Ib. tins 3 Ib. tins Coffee Extracts M. Y., per 100 ______ 12 Frank’s 50 pkgs. __ 4 25 Hummel’s 60 1 Ib. 10% CONDENSED MILK Leader, 4 doz. —..._ 7 00 Wagie, 4 doz. __.._____ 9 00 MILK COMPOUND Hebe, Tall, Hebe, Baby, 8 Carolene, Tall, 4 dosz.3 80 Carolene, Baby -__.... 3 50 EVAPORATED MILK Quaker, Tall, 4 doz.__ 4 70 Quaker, Baby, 8 doz. 4 60 Quaker, Gallon, % doz. 4 60 Carnation, Tall, 4 doz. 6 16 Carnation, Baby, 8 dz. 5 05 Oatman’s Dundee, Tall 6 15 Oatman’s D’dee, Baby 6 00 Every Day, Tall _.._ & 00 Every Day, Baby .... 4 90 rot, Tae ee ctidecea 5 15 Pet, Baby, 8 oz. ...... 6 05 Borden’s Tall ....... 6 16 Borden’s Baby ..__- -- & 06 Van Camp, Tall _.... 4 90 Van Camp. Baby -... 3 75 CIGARS G. J. Johnson's Brand G. J. Johnson Cigar, BBG since eiemcnee -- 75 00 Worden Grocer Co. Brands Master Piece, 50 Tin. 35 00 Masterp’ce, 10, Perf. 70 00 Masterp’ce, 10, Spec. 70 00 Mas’p., 2 for 25, Apollo95 00 In Betweens, 5 for 25 37 60 Canadian Club -.-.-.. 35 00 Little Tom 37 50 Tom Moore Monarch 765 00 Tom Moore Panetris 65 00 T. Moore Longfellow 95 00 Webster Cadiliac _._. 75 00 Webster Knickbocker 95 00 Webster Belmont... 110 00 Webster St. Reges 125 00 Bering Apollos 5 00 o-me Bering Palmitas —. 116 00 Bering Diplomatica 115 00 Bering Delioses ___. 120 00 Bering Favorita ._.. 135 00 Bering Albas -...... 150 00 CONFECTIONERY Stick Candy Pails stancara 20 16 Pure Sugar Sticks 600s 4 00 3ig Stick, 20 Ib. case 18 Mixed Candy French Creams tee 16 Paris Creans —........ tae Grocers 2 os SR Fancy Chocolates 5 lb. Boxes Bittersweets, Ass’ted 1 75 Choc Marshmallow Dp 1 70 Milk Chocolate A A 1 80 Nibble Sticks 1 No. 12. Choc., Light — 1 Chocolate Nut Rolls — 1 Magnolia Choc -.... -- 1 25 Gum Drops Pails BRING oe aw AO Champion Gums -.... —- 16 Challenge Gums ....... 14 Pavers 22 19 Superior, Boxes ___.--_. 23 Lozenges Pails A. A. Pen. Lozenges 16 A. A, Pink Lozenges 16 A. A. Choc. Lozenges 16 Motto Hearts -_...... 19 Malted Milk Lozenges 21 Hard Goods Pails Lemon Drops -_------. 18 0. F. thasabenal dps. .. 18 Anise Squares : Peanut Squares __-_... Horehound Tablets __-. is Cough DOrops Bxs Putnam's ..._......-.-_ 1 36 Smith Bros. ._..---... 1 60 Package Goods Creamery Marshmallows 4 oz. pkg., 12s, cart. 85 4 oz. pkg., 48s, case 3 40 Speciaities Walnut Fudge -....__- 23 Pineapple Fudge -...... 22 Italian Bon Bons -..... 17 Banquet Cream Mints. 27 Silver King; M.Mallows 1 25 Bar Goods Mich. Sugar Ca., ig 5c 75 Pal O Mine, 24, cee ae Malty Milkies, 24, ";a nae Lemon Rolls ‘Tru Eni, 24, $6¢ 75 NO-Nat, 24, be 75 COUPON BOOKS 50 Economic grade 28 60 100 Economic grade 4 60 500 Economic grade 20 00 1000 Economic grade 37 60 Where 1,000 books are ordered at a time, special- ly printed front cover is furnished without charge. CREAM OF TARTAR 6 Ib. boxes DRIED FRUITS Applies N. Y. Fey., 50 Ib. box 15 N. Y. Fey., 14 oz. pkg. is” Apricots Evaporated, Choice __ 20 Evaporated, Fancy _.. 28 Evaporated, Slabs _____ 17 Citron 19 > tox -- 40 Currants Packages, 14 oz. -_.__. 19 Greek, Bulk, lb. -.-.__ 19 Dates Dromedary, 36s .... 6 16 Peaches Evap. Choice ._______. 16 Evap. Ex. Fancy, P.P. 18 Peel Lemon, American .... 30 Orange, American ._.. 80 Seeded, bulk ~_.....___ 9 Thompson’s s’dles blk 8 Thompson's seedless, 15 oz. Seeded, 15 oz. California Prunes 90@100, 25 lb. boxes__.@061%4 60@70, 25 lb. boxes__.@08% 50760, 25 lb. boxes__.@09 . boxes..@10 . boxes._.@10% . boxes.._@16 . boxes__@20 FARINACEOUS GOODS Med. Hand Picked __ 08% Cal. Limas 09 Brown, Swedish __.__ 07% Red Kidney —..-- 2... 09 Farina ne 2S 10% 24 packages ..___... Bulk, per 100 Ibs. .... 3 oe Hominy Pearl, 100 Ib. sacks Macaroni! Mueller’s Brands 9 oz. package, per dos. 1 80 9 oz. package, per case 8 60 Bulk Goede Hibow,. 20: 1b. 2 07% Egg Noodle, 10 Ibs. .. 14 Pearl Barley Chester: ...2...... ines & OO O000 omen ¥ 00 Barley Grits ...... ee Peas Scotch, Ib. -.... 05% Split, lb. yellow ...... 08 Split green ........... Sage East India ..-- 2. i BO Taploca Pearl, 100 lb. sacks _ Minute, 8 oz., 3 dos. 4 08 Dromedary Instant .. 8 60 FLAVORING EXTRACTS JENNINGS PURE FLAVORING EXTRACT Vanilla and Lemon 8 oz. 9 0U 16 oz. 15 00 2% Ounce Taper Bottle Standard. Jiffy Puneh 3 doz. Carton ..._____ 3 8% Assorted flavors, 50 Years FLOUR Vv. C. Milling Co. Brands Lily White __..._... 9 $e Harvest Queen ______ 9 80 = Ma’am Graham, Os -..-............. 8 Ww FRUIT CANS F. O. B. Grand Rapids Mason Hall pint 2g One pint _.___ mee cece We 4 One quart ou. 8 t Half gallon __.... Ideal Glass Top. Halt pint 9 00 One pint 2 9 30 One quart __________ 11 15 Half gallon .________. 15 40 eK mail iacis ~ a v = fi eI 7. 4 Be e thet + . Faw t * @e> » u < « > AS “ - ws wa ¢ “© 2 ¥ a- < X vw « é » : - <4 » 4 * >» + s a> 4 a 4 ea «& — L ~ t » % 3 ° \§ * 3 a ¥ a « > ¢ e + a February 15, 1928 MICHIGAN TRADESMAN 29 GELATINE 26 os., 1 doz. case -. 6 00 3% oz., 4 doz. case__ 3 20 One doz. free with 6 cases, Jell-O, 3 doz. ....... 2 85 Minute, 3 doz. ____---_ 4 05 Plymouth, White -.-. 1 55 Quaker, 3 doz. __-_-- 2 56 JELLY AND PRESERVES Pure, 30 lb. pails -...3 30 Imitation, 30 Ib. pails 1 75 Pure, 6 oz., Asst., doz. 95 Buckeye, 18 oz., doz. 2 00 JELLY GLASSES 8 oz., per doz. OLEOMARGARINE Van Westenbrugge Brands Carload Distributor Best Foods Nucos, 1 ih. 21 Nucoa, 2 and 5 Ib. -- 20% Wlison & Co.’s Brands Oleo Certifiea 2... 24 ut Special ae eae 19 MATCHES Swan; 144° 20 50 Diamond, 144 box --- Searchlight, 144 box-- Ohio Red Label, 144 bx Ohio Blue Tip, 144 box Jhio Blue Tip, 720-1c Blue Seal, 144 Reliable, 144 __---_---- federal, 144 Oem OT OTC «1 on om he o Safety Matches Quaker, 5 gro. case__ 4 50 MOLASSES Molasses In Cans Dove, 36, 2 lb. Wh. L. 5 60 Dove, 24, 2% lb Wh. L. 5 20 Dove, 36, 2 Ib. Black 4 30 Dove, 24, 2% lb. Black 3 90 Dove, 6 10 lb. Blue L. 4 45 Palmetto, 24, 2% lb. 5 76 NUTS—Whole Almonds, Tarragona__ 26 Brazil, New —....- 24 Fancy Mixed —_ ----- 25 Filberts, Sicily ------ 22 Peanuts, Vir. Roasted 12% Peanuts, Jumbo, std. 17% Pecans, 3 star --._.. 20 Pecans, Jumbo ------ 40 Pecans, Mammoth -. 50 Walnuts, California _. 27 Salted Peanuts Pancy, No, tf ooo. 14% Shelled Almonds 2.22. 68 Peanuts, Spanish, 126 tb. bage --..--. Fiiperts ..._.-__.. : Pecans Salted -------- Watnnts:) ou MINCE MEAT None Such, 4 doz. ... 6 47 Quaker, 3 doz. case .- 3 50 Libby, Kegs, wet, lb. 22 OLIVES Bulk, 5 gal. keg -.-- 8 50 Quart Jars, dozen -~ 5 50 Bulk, 2 gal. keg —_-_.- 3 50 Pint Jars, dozen __-- 3 00 4 oz. Jar, plain, doz. 1 35 5% oz. Jar, pl., doz. 1 60 8% oz. Jar, plain, doz. 2 35 20 oz. Jar, Pl. do.-. 4 26 3 oz. Jar, Stu., doz. 1 35 6 oz. Jar, stuffed, dz. 2 25 9 oz. Jar, — a 3 50 , stuffe 12 oz. Jar, ¢ 50@4 75 doz. 20 oz. Jar. reer dz. 7 QQ PARIS GREEN MS ee aa 31 Ee - 22 28 end 58 = 27 PEANUT BUTTER Bel Car-Mo Brand 24.1 1b: Tins ........ 8 oz., 2 do. in case__ 15 Ib. DAtS oo 20 th patie oo PETROLEUM PRODUCTS. From Tank Wagon. Red Crown Gasoline —. 11 Red Crown Ethyl -...__ 14 Solite Gasoline ~_______ 14 In fron Barrels Perfection Kerosine __ 13.6 Gas Machine Gasoline 37.1 Vv. M. & P. Naphtha 19.6 ISO-VIS MOTOR OILS In Iron Barrels Pie 77.1 MOGI V7.1 TiGAWY 771 Hx, Heavy oo 77.1 Eight oo 5.1 Medium 0 oc GOOLE EROROy 5.1 Special heavy -.-..... 5.1 Extra heavy -.. 5.1 Polarne “FR 5.1 Transmission Oil -... 65.1 Finol, 4 oz. cans, doz. 1 50 Finol, 8 oz. cans, doz. 2 25 Parowax, 100 Ib. _... 9.3 Parowax. 40, 1 Ib. __ 9.5 Parowax, 20, 1 Ib. __ 9.7 Pcs ery) Etre ) ax Cone cans 2.75 cans 4_65 Semdac, Semdac, 12 pt. 12 qt. PICKLES Medium Sour 5 gallon, 400 count .. 4 76 Sweet Small 16 Gallon, 3300 --.._. = 75 5 Gallon, 750 ~-...... 9 00 Dill Pickles Gal. 40 to Tin, doz. __ 9 00 PIPES Pork Paent hoes 2.2. 11% Medium hoes... fees Heavy hogs —_- one 10% Loin, med. __ cao ie Butts Ee ee 15 Shoulders 12% mPAPCRINS 2 12 Neck bones ___.______ 06 Trimmings 2250 10 PROVISIONS Barreled Pork Clear Back __ 25 00@28 00 Short Cut Clear26 00@29 00 Dry Sait Meats DS Bellies __ 18-20@18-19 Lard Pure in tierces: _... 13 60 lb. tubs __._.advance %& 50 lb, tubs ___.advance % 20 Ib. pails _._.advance % 10 lb. pails _.._.advance % 5 lb. pails _...advance 1 3 Ib. pails _.._.advance 1 Compound tierces ____ 13% Compound, tubs _____ 144% Sausages Bolopna oo. 3 14 TAVCh i Brankfore . 9003 Pork 2 i8@20 Menke 19 Tongue, Jellied _____- 36 Headcheese. ____.. 16 Smoked Meats Hams, Cer. 14-16 Ib. @24 Hams, Cert., Skinned EGoS ie @23 Ham, dried beef Knuckles @37 California Hams __ @17% Picnic Boiled Mame 20 @22 Boiled Hams ____ @34 Minced Hams __.- @17 Bacon 4/6 Cert. _. 24 @34 Beef Boneless, rump 28 00@30 00 Rump, new __ 29 00@32 00 Liver Beet oe 18 Cale 60 PGi 2 8 RICE Fancy Blue Rose ____ 06 ancy tHead = |. QT% Broken ..--0 03% ROLLED OATS Silver Flake, 12 New Process 2 25 Quaker, 18 Regular _. 1 80 Quaker, 12s Family __ 2 70 Mothers, 12s, M’num 3 85 Nedrow. 12s, China _. 3 25 Sacks, 90 Ib. Jute __ 3 75 RUSKS Michigan Tea Rusk Co. Brand. 40 rolls, per case ____ 4 70 18 rolls, per case ____ 2 25 18 cartons, per case__ 2 25 36 cartons, per case_. 4 50 SALERATUS Arm and Hammer __ 3 75 SAL SODA Granulated, bbls. Granulated, 60 Ibs. cs. 1 60 Granulated, 36 2% Ib. packages 2 40 COD FISH Nilgdies 200 16% — % lb. Pure __ i ee 14 Wood boxes, Pure _-_ 2% Whole Cod 11% HERRING Holland Herring Cob, 3 doz. in bx. 1 00@1 20 Mixed, Keys ________ 00 a half bbls. _. 9 00 PLAYING CARDS ixed, bbls, ------.- 00 Battle Axe, per doz. 3 15 bests ons a a a tcvelea oo 75 Milkers, ha DIS, 2 Bieyete Milkers, bbls. ____.. 00 K K K K, Norway __ “ 60 POTASH & Ib. patie oe 40 Babbitt’s, 2 doz. -... 2 75 Cut Lunch ~_ 1 65) Roned. 19 Ih Whores _ 15 ake Herring FRESH MEATS % bbl., 400 Wie, 6 60 Beef Mackerel Top Steers & Heif. _. 22 Tubs, 100 lb. fncy fat 24 ao Good St’rs & H’f. 15%@19 Seng 50 count —_____ 8 0 Med. Steers & Heif. 18 Pails. 10 lb. Fancy fat 1 7S Com. Steers & Heif. 15@16 White Fish Veal Med. Fancy, 100 Ib. 13 00 Hay oe 21 SHOE BLACKENING COG 2280 20 2 in 1, Paste, doz. __ 1 35 Mediom (205050 19 E. Z. Combination, dz. 1 85 Dri-Foot, doz. -..._ 2 00 amb Bixbys, Doz. _....._ 1 35 Spring famh 94 Shinola, doz. __..._... 90 ood ------------------ 23 STOVE POLISH DRC 22 Blackne, per doz. ____ 1 35 POOP oe 20 Riack Silk Tiqunid, dz. 1 40 Black Silk Paste, doz. 1 . Mutton Enameline Paste, doz. 1 3 Coe 2 --18 Enameline Liquid, dz. 1 36 Medium -.._--........16 KE. Z. Liquid, per doz. 1 40 roe oo Radium, per doz. _... 1 85 Rising Sun, per doz. 1 35 654 Stove Enamel, dz. 2 80 Vulcanol, No. 5, doz. 95 Vulcanol, No. 10, doz. 1 35 Stovoil, per doz. ____ 3 00 SALT Colonial, 24, 2 Ib. -... 95 Colonial, 36-14% —_--. 1 25 Colonial, Iodized, 24-2 2 00 Med. No. Ib Bois. _... 2 70 Med. No. 1, 100 lb. bg. 90 Farmer Spec., 70 Ib. 95 Packers Meat, 50 lb. 57 * Crushed Rock for ice cream, 100 lb., each 75 Butter Salt, 280 lb. bbl. 4 24 Block, SO lb. .....__- 40 Baker Salt, 280 Ib. bbl. 4 10 24, 10 lb., per bale ___. 2 45 35, 4 lb., per bale -__. 2 60 50, 3 Ib., per bale -_.. 2 85 28 ib. bags, Table _. 42 Old Hickcory, Smoked, 6-10 Ib. Per case, 24, 2 Ibs. Five case lots -.-... 2 Iodized, 24, 2 Ibs. __-. 3 40 BORAX Twenty Mule Team 24, 1 Jb. packages .. 3 25 48. 10 oz. packages _. 4 35 96. % Ib. packages __ 4 00 SOAP Am. Family, 100 box 6 30 Crystal White, 100 __ 4 05 Export, 100 box —_-__- 4 00 Big Jack, 60s __...... 4 50 Fels Naptha, 100 box 5 50 Flake White, 10 box 4 05 Grdma White Na. 10s 3 90 Swift Classic, 100 box 4 40 Wool, 100 wox — 6 50 Jap Rose, 100 box ._.. 7 85 Pairy, 100 box .... 4 00 Palm Olive, 144 box 11 00 Bava, 100 bo ......__ 4 90 Octagon, 120 ~-..._.._ 5 00 Pummo, 100 box -... 4 85 Sweetheart, 100 box . 5 70 Grandpa Tar, 50 sm. 2 10 Grandpa Tar, 50 Ige. 3 50 Quaker Hardwater Cocoa, 72s, box __.. 2 85 Fairbank Tar, 100 bx 4 00 Trilby Soap, 100, 10¢c 7 30 Williams Barber Bar, 98 50 Williams Mug, per doz. 48 CLEANSERS TT pp 80 can cases, $4.80 per case WASHING POWDERS Bon Ami Pd, 3 dz. bx Bon Ami Cake, 3 dz. Brillo Climaline, Grandma, 100, ic Grandma, 24 Large Gold Dust, 100s Gold Dust, 12 Golden Rod, 24 Jinx, 3 doz. La France Laun., 4 dz. Luster Box, 54 Old Dutch Clean. 4 dz Octagon, 96s Rinso, 40s Rinso, 24s Rub No More, 100, 10 O8 a Rub No More, 20 Lg. Spotless Cleanser, 48, GC on Sani Flush, 1 doz. __ Sapolio, 3 doz. Soapine, 100, 12 oz. _ Snowboy, 100, 10 oz. Snowboy, 24 Large _-_ Speedee, 3 doz. Sunbrite, 72 doz. 4 doz. 3 3 4 20 4 3 i ie 1 he om CD OO DO GO Sc Qo Wyandotte, 48 ______ 75 SPICES Whole Spices Allspice, Jamaica ____ @25 Cloves, Zanzibar __.. @38 Cassia, Canton —.__._ @22 Cassia, 5c pkg., doz. @40 Ginger, African __.___ @19 Ginger, Cochin _... @25 Mace, Penane 1 39 Mixed, No f @32 Mixed. 5c pkgs., doz. @45 Nutmegs, 70@90 J @as Nutmegs, 105-1 10. . @59 Fepper, Black _..__ @46 Pure Ground in Bulk Allspice, Jamaica ___. @29 Cloves, Zanzibar @45 Cassia, Canton _____. @28 Ginger, Corkin _.__. @38 Mustard, 0. @32 Mace. Penang 1 39 Pepper, Black _. @55 Nutmegs ae @59 Pepper, White _.._.... @72 Pepper, Cayenne ____ @36 Paprika, Spanish __.. @52 Seasoning Chili Powder, 15c ____ 1 35 Celery Salt, 3 oz. ___ 96 Sage, 2 O40 2.0 90 Onion Salt 1 35 Garlic 1 35 Fonelty, 3% oz. ... 3 36 Kitchen Bouquet ____ 4 50 Laurel Leaves _______ 26 Marforam, ft oz. .___.. 90 Savery. §£ Of. 2. 90 ahyme, |} of. 90 Tumeric, 2% oz. ____ 90 STARCH Corn Kingsfurd, 40 Ibs. _... 11% Powdered, bags _... 4 50 Argo, 48, 1 lb. pkgs. 3 60 Cream. 48-6 4 80 Quaker 40-1 07% Gloss Argo. 48, 1 Ib. pkgs. 3 60 Argo, 12, 3 Ib. pkes. 2 96 Argo, 8, 5 lb. pkgs. -_ 3 35 Silver Gloss, 48, Is __ 11% Elastic, 64 pkgs. ____ 5 35 Miger, 48-5 220 3 50 Tiger, 50 Ihe. 2 06 CORN SYRUP Corn Blue Karo, No. 1% __ 2 42 Blue Karo, No. 5, 1 dz. 3 33 Blue Karo, No. 10 _. 3 13 Red Karo, No. 1% —-. 2 70 Red Karo, No. 5, 1 dz. 3 71 Red Karo, No. 10 .. 3 51 Imit. Maple Flavor Grange, No. 1%, 2 dz. 3 15 Orange, No. 5, 1 do. 4 41 Orange, No. 10 __..__ 4 2) Maple. Green Label Karo __ 5 19 Maple and Cane Kanuek, per gal... 1 50 Maple Michigan, per gal. ._ 2 50 Welchs, per gal. _... 3 10 TABLE SAUCES Lea & Perrin, large__ Lea & Perrin, small__ Pepper Royal Mint ‘TFobasco, 2-92, _.... Sho You, 9 oz., doz. At, large A-1, small Caper, 2 oz. wecrh Pre wD te ar Zion Fig Bars Unequalled for?’ Stimulating and Speeding Up Cooky Sales Renee from Your _ Wholesale Grocer Zion Institutions & Industries Baking Industry Zion, Itinois TEA Japan Medium 27@33 Chotce 3 37@46 Waney 54@59 No.l Nibis 9 It I> pke. Sifting __.. 13 Gunpowder Chelee 2) aa 40 Raneg 47 Ceylon Pekoe, medium ____.... 57 English Breakfast Congou, Medium ______ 28 Congou, Choice ____ 35@36 Congou, Fancy ____ 42@43 Oolong Mediu, oo aa a Choice: 2 5 Naney ooo 50 TWINE Cotton, 3 ply cone ____ 40 Cetton, 3 ply pails ____ 42 Wool, ¢@ ply 18 VINEGAR Cider, 40 Grain 26 White Wine, 80 grain__ 25 White Wine, 40 grain. 19 WICKING No. 0, per gress ___. 75 No. I, per gross _... 1 95 No. 2, per gross __._ 1 50 No. 3, per gross ____ 2 00 Peerless Rolls, per doz. 90 tochester, No. 2, doz. 60 Rochester, No. 3, doz. 2 00 tayo, per dom. .. 75 WOODENWARE Baskets Bushels, narrow band, wire handies .____ 1 75 Bushels, narrow band, wood handles ___.__ 1 80 Market, drop handle_ 90 Market, single handle. 95 Market, extra ._.. 3 6 Splint, laree _. 8 50 Splint, medium __.._. 7 60 Splint, small 6 50 Churns Barrel, 5 gal., each __ 2 40 Barrel, 10 gal., each_. 2 55 3 to 6 gal., per gal. __ 16 Pails 10 qt. Galvanized __.. 2 50 12 qt. Galvanized ._.. 2 75 14 qt. Galvanized ..... 3 25 12 qt. Flaring Gal. Ir. 5 ov 10 qt. Tin Dairy _.. 4 06 Traps Mouse, Wood, 4 holes_ 60 Mouse, wood, 6 holes_ 70 Mouse, tin, 5 holes _. 65 Hat, wood 2) 1 00 Rat spring 0) 1 00 Mouse, spring __.___ 30 Tubs Large Galvanized .... 8 75 Medium Galvanized __. 7 50 Small Galvanized -.__ 6 76 Washboards Banner, Globe .____ 50 Brass, Single 2 6 00 Glass, singla .. . | 6 00 Double Peerless _____ 3 50 Single Peerless ______ 7 60 Northern Queen _____ 5 50 Wriversale. 20) 7 25 Wood Bowis Id in, Butter 5 06 1S in. Hotter <2... 9 00 i? in, Butter 2. 18 00 I9 in. Butter 22 25 00 WRAPPING PAPER Fibre, Manila, white. 05% Ne. 1 Fibie ks Butchers D. KF. ___... 06% Kran . 07 Kraft Stripe oo 09% YEAST CAKE Mario, = dow. 2 70 Sunlieht, 2 dos —.... 2 70 Sunlight, 1% auz. _. 1 36 Yeast Foam, 3 doz. —. 2 70 Yeast Foam, 1% doz. 1 35 YEAST-—COMPRESSED Fleischmann, per doz. 30 30 Proceedings of the Grand Rapids Bankruptcy Court. Grand Rapids, Jan. 31—On this day was held the adjourned first meeting of cred- itors in the matter of Albert Beam, Bank- rupt No. 3319. The babnkrupt was pres- ent and represented by attorneys Dilley, Souter & Dilley. One creditor was pres- ent in person and represented by attor- nevs Watt & Colwell and John J. Me- Kenna. The bankrupt was sworn and examined, with a reporter present. Asa M. Burnett, of Ionia, was named trustee, and his bond placed at $500. The ad- journed first meeting then adjourned yitho date. " “4 a matter of Jean Keefe, Bankrupt No. 3170, the trustee has filed his final report and account and returns showing that there are no assets in the estate. The matter has been closed and returned to the district court, aS a case without assets. “ is the matter of Clyde C. i Zankrupt No. 3301, the trustee has filed his report and return of no assets, and the case has been closed and returned to the district as- Sets. In the matter of Robert : Bankrupt No. 2905, the trustee has filed his return of no and the matter has been closed and returned to the dis- trict court as a case without assets. Hawkins, court, aS a case without Sauntman, assets In the matter of W. H. Chase, Bank- rupt No. 3307, the funds for the first meeting have been received and such meeting has been called for Feb. 16. In the matter of Robert H. Hunt, Bank- rupt No. 3347, the funds for the first meeting have been received and such meeting has been calld for Feb. 16. : In the matter of Harvey Bogues. Bank- rupt No. 3324, the funds for the first meeting have been received and the meet- ing has been called for Feb. 16. a In the matter of Nathan Graham, Bank- rupt No, 3329, the funds for the first meeting have been received and the meet- ine has been called for Feb. 16. In the matter of Fred C. Oldham, Bank- rupt No. 3336, the funds for the first meeting have been received and the meet- ing has been called for Feb. 16. In the matter of Wibbo Kiel, Bank- rupt No. 3334, the funds for the first meeting have been received and such meeting has been called for Feb. 16. In the matter of Ray R. Osburn, Bank- rupt No. 3335, the funds for the first meeting have been received and such meeting has been called for Feb. 17%. In the matter of Louis Schroeder, Bank- rupt No. 3331, the funds for the first meeting have been received and such meeting has been called for Feb. 17. : In the 1 of Frank J. Titus, Bank- rupt No. the funds for the first meeting have been received and such meeting has been called for Feb. 17. In the matter of Claude Bates, Bank- rupt No. 3252, the funds for the first meeting have been received and such meeting has been called for Feb. 17. In the matter of Leah Schade, Bank- rupt No. 3254, the funds for the first meeting have been and such meeting has been called for Feb. 1%. 1 *. Anderson, received In the matter of Andrew C. j ; Bankrupt No. 333, the funds for the first meeting have been received and such meeting has been called for Feb. 17. In he matter of Mike Danko, Bankrupt No. 3340, the funds for the first meeting have been received and such meeting has been called for Feb. 17. Jan. 31. We have to-day received the adjudication and reference in the matter of Muskegon Scrap Material Co., Bank- rupt No. 3343 This is an involuntary ease, and schedules have been ordered filed. Upon receipt of same, list of cred- itors will be made herein, and first meet- ing will be called, and note of same made herein. This concern is located at Mus- kegon. : : Feb. 1. We have to-day received the schedules, reference and adjudication in the matter of Elmer VanHohenstein, Bankrupt No. 3348. The matter has been referred to Chrales B. Blair as referee in bankruptcy. The bankrupt is a resi- dent of Muskegon, and his occupation is that of a laborer. The schedules show assets of $250 of which the full interest is claimed as exempt, with liabilities of $1,192.85. The court has written for funds and upon receipt of same first meeting will be called, note of which will be made herein. The list of creditors of said bank- rupt are as follows: William Kiellor, Muskegon $160.00 Walter Birch, Muskegon ______..._ 63.00 Martin FE. A. Aamondt, Muskegon 160.00 Iver Anderson & Son, Muskegon __ 5.00 W. S. Wilkinson, Muskegon 100.00 Dr. A. B. Egan, Muskegon ___. 50.60 Dr. Frank W. Garber, Muskegon __ 30.00 Dr. S. A. Jackson, Muskegon __.. 35.00 Dr. Chas. T. Eckerman, Muskegon 5.00 Dr. E. L. Knishkern, Muskegon__ 8.00 Dr. Ernest D’ Alcorn, Muskegon __ 25.00 Hackley Hospital, Muskegon __._.. 35.00 Mercy Hospital, Muskegon ___.._._._ 35.00 Consumers Fuel Co., Muskegon __ 18.50 Home Fuel Co., Muskegon ____ . 20.85 Cc. M. Morrall, Muskegon __...___.._._ 40.00 John R. Hilt & Co., Muskegon __.. 9.00 MICHIGAN TRADESMAN G. W. Panyward, Muskegon ______ 4.10 Liberal Clothing Co., Muskegon _. 40.00 Butler’s Clo. Co., Muskegon ___-____ 22.00 Robert W. Christie, Muskegon __ 11.00 Albert R. Damm, Muskegon _ ni |, Nicholas G. Vanderlinde, Muskegon 7:75 Mecher Bros., Muskegon _______ 10.00 ii. Fish Furn. Co., Chicago 12.93 Periodical Publishing Co., Detroit__ 2.72 Personal Finance Co., Muskegon__ 300.00 Jan. 31. We have to-day received the schedules, reference and adjudication in the matter of Clare H. Sexton, Bankrupt No. 3349. The matter has been referred to Charles B. Blair as referee in bank- ruptcy. The babnkrupt is a resident of Lake Odessa, and his occupation is that of an automobile dealer. The schedules show assets of $1,125.25 of which $250 is claimed as exempt, with liabilities of $4,314.14. The court has written for funds and upon receipt of which the first meet- ing will be called, note of which will be made herein. The list of creditors of said bankrupt is as follows: Mary Sexton, Lake Odessa ______ $3,000.00 Mabel Valentine, Lake Odessa __ 254.88 Campbell & Gilson, Lake Odessa __ 20.00 Standard Oil Co., Grand Rapids __ 64.21 Osborne ©o., Newark; N. J... 30.21 Mcihelin Tire Co., Detroit ___ 4643 Howard D. Poff, Lake Odessa 21.44 Sid Chapin, Lake Odessa... 165.00 Hawkes Auto Equipment Co., Lansing ee 12.07 Lacey (o., Grand Rasids =. i..Z G. R. Welding Co., Grand Rapids 24.24 Alemite Lubricating Co., Grand BSR 26.42 Reed & Wiley, Grand Rapids __ 1.60 Matheson, Oakland Co.. Grand R. 129.38 Mutual Petroleum Corp., Lake Metta es 6.20 Defender Bile: <0.. Aliegan = 31.50 E. R. Sehweinforth Sales 6... ee 27.62 R. M. Hollingshead Co., Camden, ree 52.10 Mfers. Oil & Grease Co., Cleveland 28.05 Miller Rubber Co., Grand Rapids__ 88.55 Gates & Huntzinger, Lake Odessa 114.11 Feb. 1. We have received the sched- ules, reference and adjudication in the matter of Arthur A. Anderson, as Ander- son Furniture Show Rooms, Bankrupt No. 3350. The bankrupt is a resident of Muskegon, and his occupation is that of a retail furniture dealer. The schedules show assets of $2,778.35. of which $370 is claimed as exempt, with liabilities of $10,743.14. The first meeting will be called prmoptly and note of same made herein. The list of creditors of said bankrupt are as follows: City of Muskegon ______ au * Goo Alice M. Anderson, Muskegon ____ 42.93 Muskegon Citizens Loan and Inv. Co., Muskegon scien shone ae ec Michigan Home Tel. Co., Muskegon 13.10 Milan Mfg. Co., Milan. Ind _= 15.97 Nieman Table Co., Chicago ______ 134.45 G. V. Panyard Co., Muskegon ___ 27.97 Rockford Furn. Co., Rockford J Bos Spencer Cardinal Co., Marion, Ind. 99.60 steketee Co.,, Muskegon 23.50 Simmons Co., Chicago 2 | 200.99 Schmidt Bedding Co., Milwaukee__ 20 Union Bed Spring Co., Chicago __ 18.55 Windsor Furn. Co., Grand Rapids_ 345.2 I. E. Wagner Co., Big tapiis ..__.ss« 38:08 A. i. Handail Co.. Chicago 199.03 Northern Furn. Co., Sheboygan, Wie, 2 ee oe mae 40., Afiineion 64.95 Muncie, Ind. 50.00 Griffith Furn. Co., H. R. Stone Mtg. Co., Grand Rapids 165.5 Pare Furn. Co:., Rushville reek @& Wilis, Chicseo Star Mattress Co.. Muskegon ______ Metal Stampings Corp., Streator, IIL. Classique Lamp Studios, Milwaukee 83.75 Milwaukee Woven Wire Works, MUwWeuEbe oo eee St. Johns Table Co., Cadillac ____ 148.55 A. B. Chair Co., Charictte = 86.45 Besarts Co., Grand Rapids _... 162.25 West Mich. Furn. Co., Holland ____ 199.22 Bailey Table Co., Jamestown 113.006 Nathan N. Stone. Chicago ______—_- 3.30 Herpolsheimer Co., Grand Rapids_ 871.71 Chronicle, Musteson 28.02 Consumers Power Co., Muskegon__ 20.96 Star Truck Line, Muskegon ______ 7.78 W. R. Compton Co., Grand Rapids 30.35 Philip Carry Co., Ciicaco 7.78 Alisto Mfg. Co.. Cincinnati __— 14.00 Sutter Gros... Chicago... = 4G 48 Parch O Nett Co., Huntington 86.55 Fall Creek Mfg. Co., Mooresville, _ ee Sse Big Rapids Mfg. Co., Big Rapids__ 180.00 Clinton Carpet Co., Chicago _.____ 8.80 David B. DeYoung, Grand Rapids__ 45.25 Dillingham Mfg. Co., Sheboygan, i ec ee Hoyiand Co. Chicheo 24.25 Krebs Stengel Co.. New York ____ 20.40 Bussey & Briggs Co., Chicago $7.92 Ideal Garage, Muskegon Jee oc Star Mattress Co., Muskegon i. See Nat'l. Lumberman’s Bank, Mus- Mere 444.00 G. R. Savings Bank, Grand Rapids 745.00 McNicol Pottery Co., Liverpool, a 49.39 Motor Transit Co.. Muskegon ______ 15.00 Speich Co., Milwaukee ___ a MS . | Be + 7 ee February 15, 1928 MICHIGAN TRADESMAN 31 American Woodenware Co., Bankrupt No. 3248. The trustee was present and rep- resented by Corwin, Norcross & Cook, for Belcher & Hamlin, attorneys for the trustee. The Board of Commerce of Manistee was present by Mr. Lloyd. The interest of the trustee in the property shown upon the inventory and appraisal was sold to Manistee Board of Commerce for $3,500. The sale was confirmed and the meeting adjourned without date. In the matter of Totten Electric Con- struction Co., Bankrupt No. 3317, the sale of assets heretofore held Jan. 19, has been confirmed to Abner Dilley, of Grand Rapids, for $605. The hearing then ad- journed without date. Jan. 27 (Delayed). On this day was held the final meeting of creditors in the matter of Leo Kraus, individually and as Burton Heights Paint & Wall Paper Co., Bankrupt No. 3061. The bankrupt was not present or represented. The trus- tee was not present. Claims were proved and allowed. The trustee’s final report and account was approved and allowed. Expenses of administration were ordered paid, and a first and final dividend of 5 per cent. to creditors ordered paid. No objections were made to the discharge of the bankrupt. The final meeting then adjourned without date and the case will be closed and returned to the district court in due course. —_++>—_—_ Surely a Slowing Down in the Busi- ness World. Grandville, Jan. 31—There is no use disguising the fact that times are slow- ing down and that the hurry and rush of big ‘business which has been on since the close of the kaiser’s war is perceptibly on the wane. Why is this? Doubtless the answer is the same to- day that it was a few years after the close of the civil war. At that time the currency was at fault. To-day we have a stable money current which has, no doubt, been a blessing we little realize. The years immediately subsequent to the civil war were among the most prosperous in our history. Wages were good and business flourished as never before. Afterward came a resumption of specie payment and a tightening of the times. Good times, big wages and high prices breed extravagance which we of to-day fully realize. The wide ex- tension of the credit habit has not been whol beneficial, as many people will know to their sorrgw before all this tightening down to a lower level in prices comes about. The abnormal has been in evidence and people have gone wild, as it were, over expenditures. The wise man will husband his resources, no matter how much he is earning. Too many, how- ever, spend while the spending is good, seeming to think there will never come an end to hilarious prosperity. For many months, perhaps more than a year, the handwriting has been on the wall, cautioning prudent men to make haste slowly and to curtail un- necessary expenses. The. liberal ex- tension of credit may well be question- ed, since the time of settlement is sure to come, and when that time does come we are not always prepared to meet it. I do not wish to inculcate the idea that a panic is coming. ‘Nothing of the sort. In fact, there need be very little trouble in the future if men and wo- men will cut their cloth according to the pattern. Times are slowing down, however, as anyone with an insight into things must know. A correspondent from Eastern Penn- sylvania writes me that times are very hard. Some shops are running but four days per week, while many men are being laid off. What the end is to be no man may positively know. That there has been wild extrava- gance all down the line since the close of the kaiser’s war none will deny. This extravagance is not confined to any portion of society but is in effect in every walk in life. Cut corners and look out for future decrease in prices, both wages and merchandise. Not only has the common citizen allowed his judgment to be warped where the expenditure of hard earned dollars is concerned, but public busi- ness has been run on a most extrava- gant, not to say reckless, scale. How long this can continue and not create a catastrophe it is hard to say. Always there has been a slowing down after our great wars. We should profit by past experience and prepare for the curtailment of ‘business. The high pressure is sure to react and a drop in prices result. There need be no fear of a panic if people will only heed the signs and prepare for the change that is necessary to meet changed conditions. Fact is we as a people have been living beyond our means. Our numerous public improvements, even though necessary, have been car- ried in a manner that would disgrace the perspicacity of any ordinary school- boy. Extravagance has ibeen the rule everywhere. Schools, highways and all public work has been rushed through regard- less of expense. ‘Taxation has become a debt that is grinding the people everywhere. No expense seems too great to be undertaken in the name of education and good roads. He who dances must pay the fiddler and we have been dancing at an ex- travagant rate these late days. The presidential campaign so near at hand does not aid in solving our present problems. There has _ been much talk of making the question of farm prices a National one, even what are called farmer candidates being sug- gested in different parts of the country. Farmers as well as others laboring for sustenance and a bank roll must take into consideration the fact that the trend of the times to-day is not the enhancing of the prices of soil products, but rather tend toward a de- cline which is affecting all other busi- ness. All Mnes of manufacturing must prosper if the farmer would also. come in for a goodly share of the dividends. To cut wages and mercantile prices is not the way to rehabilitate the vacant farms in Uncle Sam’s domain. Extravagance has always wrought disaster in the long run. Economy is the only safe method ito adopt if a panic in this country is averted. Past experience ought to warn the people to call a halt to reckless expenditures on public works. Call off some of the work planned for the future and dig down in your wallet to find coin to keep our pres- ent enterprises going, permitting new enterprises of a public nature to wait until this flurry in business is over. Even though there has been a fall- ing off in a measure of war prices there is yet ample room for still fur- ther cutting prices until normal con- ditions are reached. A state of nor- mality is what‘must come, and it may be the sooner the better. _No change of party in the next elec- tion can work a change for the better. It is not politics but sound business sense that is demanded to settle the unhealthy conditions under which we labor to-day. Shall we have it? Old Timer. — ++ -___ Salesman Helps Merchant Who Helps Himself. (Continued from page 20) —well, just what is it if it be not a practical application of the “co-opera- tion” about which all of us like to talk? ‘Consider that jobbers are fond of emphasizing how the alleged shrewd buyer, the man who seeks out bar- gains on every hand and is interested mainly in “distress merchandise,” sel- dom wins out. Yet if there be not such a thing as true mutuality of in- terest, why should there be any other kind of success than that which at- tends on shrewd selfishness? It is rather well known that the bar- gain hunter among merchants suffers the disadvantage under which the bar- gain hunter among consumers labors: that he has no friends; that nobody is interested in him; that his success means nothing to any source of mer- chandise supply. So the man who tries always to buy where he can buy most cheaply and has no other thought— the man who prides himself on being cold- blooded—sooner or later experiences the chill which results from meeting: with the marble heart in others all around him. The fact is that service which is sin- cerely planned and rendered is not mis- interpreted. Whether it be service you render to your customers or rendered by your jobber to you, if it be honest- ly designed for your benefit, it will be understood, ‘will get across, and will benefit both parties to any transaction or succession of business dealings. Paul Findlay. —_+~2—___ Drop Matrons’ Lines. Manufacturers state that the con- tinued demand for youthful styles in women’s popular priced evening dress- es has caused many of them this sea- son to drop their matron lines entirely and feature only youthful models in a full range of sizes. The results have been very satisfactory, orders have in- creased and, in addition, the manufac- turers are able to go after business on girls’ and misses’ lines. The trend in the youthful styles towards simple and dignified lines has, of course, aided producers in swinging over from the matronly designs. —_+-+___ Neckwear Orders Varied. Orders placed during the past week for women’s neckwear in New York are more varied than they have been for several seasons. Items that have not ‘been shown recently are being asked for and include the following: Plastrons, bib effects, collars with jabots, georgette ruffling with a bias fold as a finish, lace and net collar and cuff sets, and a full line of vestees. These latter are shown in lace, net, georgette, linen and a ribbed silk with Peter Pan collars, convertible collars, plain ‘“V” necklines and notched collars. 2 ____ The salesperson’s value in terms of salary is properly based upon the re- sults produced in terms of receipts. RUMFORD CHEMICAL WORKS Providence, R.!. QUALITY Business Wants Department Advertisements inserted under this head for five cents a word the first insertion and four cents a word for each subse- quent continuous insertion. if set in capital letters, double price. No charge less than 50 cents. Small display adver- tisements in this department, $4 per inch. Payment with order is required, as amounts are too small to open accounts. FOR SALE CHEAP. ings and fixtures, in a good down town location, Toledo, Ohio. Ed Price, 306 Summit St., Toledo, Ohio. 774 FOR SALE CHEAP—Building, billiard parlor, soft drinks, ete., in Giadwin, Mich. Will consider a good exchange. Address Mr. Ed. Price, 306 Summit St., Toledo, Ohio. 775 FOR SALE consist- dry goods, A going business, ing of shoes, rubbers, staple notions, men’s work clothes, underwear, a full line of groceries. Situated in one of the best farming sections in Michigan. Want to retire. Sale to be for cash. Stock invoices $8,500. Will lease brick building 24 x 100 ft. Address No. 776, c/o Michigan Tradesman. 776 GENERAL MERCHANDISE STOCK AND IMPROVEMENTS — Consisting of store building, six living rooms upstairs, one large warehouse, lumber warehouse, coal shed, ete. Town located in a rich irrigated valley Ideal climate. Capital required, $20,000 to $25,000. LUNDGREN, Gypsum, Colorado. T77 FACTORY SALE — New and slightly used store fixtures, show cases, units, counter stables, ete. Real bargain prices. Call at office, Madison Ave. and P. M. tracks. Grand Rapids Store Equipment Corporation, Grand Rapids, Mich. 778 BEALE & MACHINE SHOP — FOR SALE — AR- KANSAS delta town. Money maker; no competition. $7,500 cash, balance easy terms. Box 337, Blytheville, Arkansas. 768 For Sale—$7,500 stock of dry goods, groceries, shoes, and fixtures, located in McGrezor, Michigan. Low rent and taxes. Bids will be received until Feb. 20 by Wm. McGregor, Sec. $25 certified check required with each bid. McGregor Branch, Deckerville Co-operative Co. 770 For Sale—Grocery stock and fixtures. Best man grocery in a college town. location. An opportunity for the capable of handling a first-class growing and well located Address Box 452, Ypsilanti, Mich. W711 FOR SALE—Modern grocery | and aus store, stock and fixtures. Doing $2,000 per week. Will lease to suit. Ill health reason for selling. Write to W. G. Dur- kee, 3422 Fenton Road, Flint, Mic h. 772 FOR SALE—To close an estate, fully equipped wood eae factory located in city of 6,000 population with two rail- roads. FE. W. Cone, Administrator, i. F. D. 6, Charlotte, Mich. 773 CASH For Your Merchandise! Will buy your entire stock or part of stock of shoes, dry goods, clothing, fur- nishings, bazaar novelties, furniture, etc. LOUIS LEVINSOHN, Saginaw, Mich. “Pay spot cash for clothing and furnish- ing goods stocks. L. Silberman, 1250 Burlingame Ave., Detroit, Michigan. 566 FOR SALE—General store, glazed tile, 24 ft. x 82 ft., stock of goods ‘and fixtures. For eS ticulars, write us. Nelson eras ers, Chase, Michigan. ROFITS RESULT FROM RUMFORD The stability of Rumford has been re- flected by the years of service it has ren- dered to the housewives of the country and the steady and fruitful source of profit it has been to the dealers. 32 Ward Co. Plans Retail Chain of 1,500 Stores. Plans for the largest retail chain store development ever undertaken in the general merchandising field were announced last night by Montgomery Ward & Co., the Chicago mail order house. The company has been experi- menting in the chain store field for the last eighteen months, now has fifty stores in operation and will have 150 by the end of this year. “There are more than 1,500 towns above 5,000 population in the United States and the company plans to locate stores in these communities as rapidly as suitable locations can be secured,” President George B. Everitt announced. “As the result of study and research, we have reached the conclusion that there is a definite need of the type of chain store we are operating. “We are selling in our chain stores merchandise that is not handled in a national way by any other concern. Therefore, we shall not be competing with any of the existing chains. No at- tempt has been made to overshadow local merchants. Our experience has been that wherever we have located, local merchants have been benefited. Every town has been stimulated as a trade center. “These stores will supplement our mail order distribution. It might ap- pear that a development of this kind would tend to decrease our mail order volume. But we find that when more people become acquainted with our company through our local stores, mail order volume actually increases in these areas. A great advantage in our plan is that there is no large capital re- quirements, as we operate in leased properties.” —_—_> > ___ Detroit Wholesalers To Visit the Thumb. Detroit, Feb. 14—Plans were made last week by E. E. Prine, secretary of the Wholesale Merchants’ Bureau of the Board of Commerce, to take a large delegation of executives of De- troit wholesale houses to Sandusky, on Feb. 22, when the Thumb of Michigan Association holds its banquet. A great many Detroit wholesalers, especially those who originally came from that section of the State, are making plans to take advantage of the invitation to meet their customers and friends. A bus has been chartered to take the Detroiters up and back. It will leave the Board of Commerce on Washington's birthday, Feb. 22, at 1:30 o’clock in the afternoon and will reach Sandusky jin time for the ban- quet. The cost of the trip will be $8 per person, which includes the cost of the dinner, which will consist of prod- ucts of the Thumb. A comprehensive program has been arranged and the principal speech of the meeting will be made by Fred Woodworth, Collector of Internal Revenue, Harvey Campbell, who hails from Yale, will be among the Detroit- ers. Members of the Board who are not wholesalers, are being invited to join the party. Mr. Prine will give the necessary information to anyone inter- ested. —_—__>2~. Detroit—The May Screw Products Co., 2157 Howard street, has been in- corporated with an authorized capital stock of $10,000, all of which has been subscribed and paid in in property. > +o ——- Everybody loves a good listener. MICHIGAN TRADESMAN. February 15, 1928 New Issue $1,200,000 BAXTER LAUNDRIES, INCORPORATED First Mortgage and Collateral Trust 64% Sinking Fund Gold Bonds SERIES A With Stock Purchase Warrants Dated January 1, 1928 Due January 1, 1938 Coupon Bonds in denominations of $1,000, $500 and $100, registerable as to principal. Interest payable January Ist and July Ist at the Central Union Trust Company of New York, N. Y., Trustee, or the Paying Agents in Chicago and Grand Rapids, Michigan, without deduction for the normal Federal Income Tax, not exceeding 2% per annum. The Corporation agrees to reimburse the holders for the present specifie or personal property taxes of the States of Pennsylvania, Connecticut, Maryland, California and the District of Columbia and for the present Massachusetts Income ‘Tax, all as provided in the Trust Indenture. Redeemable in whole or in part at any time on sixty days’ published notice, at 105 and accrued interest if redeemed prior to July 1, 1928, the premium decreasing 4 of 1% on July 1, 1928, and by a like amount on each semi-annual interest paying date thereafter. Non-detachable Stock Purchase Warrants affixed to each Bond entitle the holder to purchase Class A Common Stock at the rate of 20 shares for each $1,000 par amount of Bonds at $27.50 per share, to and including December 31, 1928; thereafter at $30 per share up to and including December 31, 1929; and thereafter at $32.50 per share up to and including December 31, 1930, and thereafter at $35 per share up to and including December 31, 1931, subject to prior redemption of Bonds, Proceeds of stock thus sold must be invested in additional property or used to reire these Bonds. Mr. Howard F, Baxter, President of the Corporation, summarizes his letter to the Bankers as follows: BUSINESS AND PROPERTY: Baxter Laundries, Incorporated_(a Delaware Corporation), or its predecessors, has been in continuous and successful operation in Grand Rapids, Michigan, since 1885. The Corporation now operates directly or through subsidiaries 19 laundries and/or dry cleaning establish- ments and towel supply business in: Chicago, filinois and Milwaukee, Wisconsin, Detroit, Grand Rapids, Flint, Lansing, Muskegon, Kalamazoo, and Pontiac, Michigan, and is negotiating for the purchase of other plants in middle western cities. SECURITY: These bonds are a direct obligation of the Corporation and will be secured by a Trust Indenture constituting a first lien upon the fixed assets owned by the Corporation and by pledge with the New York rrustee (except as to Great Lakes Laundries, Incorporated) of all of the First Mortgage Bonds and all of the capital stock (excepting directors’ qualifying shares) of the Illinois, Michigan and Wisconsin subsidiaries. Phe plants wand property, including trade routes of the constituent companies, have a sound value as of September 30, 1927, of $4,482,520.65, as appraised by Lloyd’s Appraisal Company, Chicago, adjusted for addi- tions and depreciations between the dates of appraisals and September 30, 1927. Net Current Assets amounted to $331,131.15, giving total Net Asset value of $4,813,651.80, or more than twice all of the outstanding bonds including bonds of Great Lakes Laundries, Incorporated. CAPITALIZATION: Upon completion of this financing the capitalization of the Corporation will be as follows: har os ‘ ; : oa Outstanding First Mortgage and Collateral Trust 644% Sinking Fund Gold Bonds, Series A* ____$1,400,000 642% First Mortgage Gold Bonds—Great Lakes SIRMONIOR, IG. 800,000 Th Prlerns ek 1,534.700 Common Stock Class 4 (Non Par Vainei** : 62.552 shs. Common Stock Gass 6 (Non Par Valuc) 125,000 shs. 3 Issuance of additional Bonds limited by the provisions of Trust Indenture. ** 36,000 shares also reserved for Stock Purchase Warrants. EARNINGS: Net sales and adjusted profits, after depreciation on book values, of the constituent companies, based upon the audits of Ernst & Ernst, Certified Public Accountants, after payment of interest on bonds of the Great Lakes Laundries, Incorporated, and after giving effect to present operating conditions and certain non- recurring charges and excluding loss of $21,245.00 on capital assets through replacement of Great Lakes Laun- dries, Incorporated, and without deducting profits applicable to the minority shares of Great Lakes Laundries Incorporated, but before interest on this issue and Federal taxes, have been as follows: . Annual : figures based on Year ended Yearended 9% months ended 9 months ended ne aan sebdiaciacs — oe 1925 Dec. 31, 1926 Sept. 30, 1927 Sept. 30, 1927 Net Sales (including subsidiaries) __._______ 94,573 3,655,900 3,050,07 5 Adjusted Profits as defined above __...___.. 332,545 ' 411,153 ' ‘1st a eee Ser Annual Interest Charges on $1,400,000 First Mortgage and Collateral .Trust 6%% Sinking Fund Gold Bonds, Series A ____ 91,000 91,000 68,250 91,000 Annual Adjusted Profits as based on the 9 months ended September 30, 1927 ri e oat i 3 annual interest requirements on these Bonds. : i ce mee, an) ee the After provision for Federal taves at current rates, and p-eferred dividends but before Sinki - ments hereinafter defined, the balance applicable to the $2 per share dividend on the 62 B52 een ok. Common Stock amounted to $282,832, or approximately $4.52 per share. : PURPOSE OF ISSUE: The proceeds of this issue will be applied towards the purchase of the business and prop- erties of the constituent companies, and will be used for other corporate purposes. The balance of the pur- chase price is being paid in Preferred Stock and from the proceeds of the sale ot Preferred and Common Stocks MANAGEMENT: Mr. Howard F. Baxter, who has successfully managed the predecessor company for more than fifteen years, is President of Baxter Laundries, Incoprorated. Mr. Otto M. Rice, Past President of the Laundry . C Te ; © =o ris j ‘i “4 7 j 4 2 s . rth ners see Brie: gy gy ven previous owner and manager for thirty years of the Quick Service Laundry Chicago, and prior to the consolidation, President and General Manager of Gre: c i i : o, d 0 a reat Lakes L:z Ss 4 Chios, ane rier so ee ge Lakes Laundries, Inc., will be LAUNDRY INDUSTRY: As one of the great bublic service industries, the laundry industry ranks twelfth in volume of business. It is estimated that within the last five years, this volume has doubled and it is now in- creasing even more rapidly than heretofore. Probably four-fifths of the total available business is not yet touched. Dry cleaning is a profitable adjunct to a well established laundry business, and the combination makes it possible to realize considerable savings, particularly in delivery costs. : : The laundry industry is similar in nature to a public utility, as it supplies a constant basic economic need and depends upon no particular class of people for patronage. Collection losses are negligible because in the main, it sells for cash. Inventory losses also are negligible because it sells service. Its business, fur- thermore, is stable in that it is not greatly affected by the seasons or general industrial depressions : These Bonds are offered when, as and if issued and received by us and subject to the approv are : S : Vy us ‘ i al of counsel. We reserv : right to reject subscriptions in whole or in part, to allot less than the amount applied for and is hae the subscription hoo At sl time without notice. Temporary Bonds will be ready for delivery on or about February 23, 1928 exis : o Price 100 and Interest, to Yield 6.50% HOWE, SNOW & CO. INCORPORATED Investment Securities GRAND RAPIDS NEW YORK DETROIT CHICAGO MINNEAPOLIS SAN FRANC’SCO All information given herein is from official,sources or from sources which we regard i 5 ‘ as reliab event are the statements herein contained to be regarded as our representations. a yr oy <> #9