‘ Sea nat . Oy eben ee “ee ¥ ‘ ~ : GRAND RAPIDS P UBL LIBRARY . SS CE a < J me ce eu Yc “A - NX CSS se 2 NWS E CHURNED IN MICHIGAN TO THE TRADE: We announce the completion in Detroit of our new plant for the churning of nut butter. This factory is equipped with the latest improved machinery and is provided with every appliance necessary to insure absolute purity and the most perfect quality. With our own railroad siding and the use of fast motor trucks we possess the best of transportation facilities, and are prepared to make prompt deliveries at all times. The establishment of this plant at Detroit gives the trade of Michigan and adjoining territory the advantage of at all times receiving freshly churned goods direct from the factory, thus eliminating the danger of deterioration in quality, which is a natural result when sh:pments are transported from a distance or carried in storage before delivery. Our “Nut Grove” brand of nut butter answers every purpose for which cow’s butter is used, and has the reputation wherever sold of being an article of unexcelled quality. In its production we use only the highest grade materials, and then only after the most thorough tests in our plant laboratory. Our factory facilities and our long experience in churning this product are a guarantee that the trade will receive the very best grade of nut butter that it is possible to produce. Our Michigan plant and offices are located at the intersection of Grand River, Loraine and Kirby Avenues in the city of Detroit, where we cordially invite your visits or correspondence. NUT GROVE BUTTER COMPANY Providence : ' DETROIT Syracuse GENUINE B R EK, A D Buckwheat Flour ABSOLUTELY PURE The Incomparable Food Sell your customers more Bread. Its deliciousness, healthfulness end econ- __ — ee ne omy will bring you satisfied customers. J. F. Eesley Milling Co. The handling of more Bread will bring THE SUNSHINE MILLS you big returns. PLAINWELL, MICHIGAN THE FLEISCHMANN CO. An Immense Success! There has never been anything in the flavoring extract line like the instant ng oe =7 Saving Sugar Means appreciation won by Virginia Dare : Absolutely Pure Flavoring Extracts. Saving Money But then—there has never been any- thing hike them. You save sugar when you Pare handle ih Scare Package Sugars cls because there is no loss EXTRACTS by spillage, overweight, Vanilla 150% Strength Or burst bags—and a Say- 20 other Flavors Double Strength ing in bags, twine, and An innovation. Bigger business for you. labor. Bigger profits, Bigger demand for every- thing used in preparing table delights. 21 Flavors. Ask your jobber. Don’t wait for a salesman to come ‘round. The Franklin Sugar Refining Company PHILADELPHIA Consumer satisfaction absolutely guaranteed. Money refunded on the slightest complaint. GARRETT & CO., Inc. Food Products Established 1835 Bush Terminal—Bidgs. 9 and 10. Brooklyn, N. Y. Show Boy Family Size 24s Washing Powder Will Not Hurt the Hands through the jobber—to Retail Grocers 25 boxes (@ $5.85_5 boxes FREE, Net $4.87 10 boxes @ 5.902 boxes FREE, Net 4.9! 5 boxes @ 5.951 box FREE, Net 4.95 2\yboxes @ 06,00_%box FREE, Net 5.00 F. O. B. Buffalo: Freight prepaid to your R. R. Station in lots of not less than 5 boxes. All orders at above prices must be for immediate delivery. This inducement is for NEW ORDERS ONLY—subject to withdrawal] without notice. Yours very truly, DEAL 1925 Lautz']Bros. & Co., Buffalo, N. Y. “‘A Franklin Cane Sugar for every use’’ Granulated, Dainty Lumps, Powdered, Confectioners, Brown, Golden Syrup Gast = KAS SZ) Thirty-Seventh Year 19 Number 1884 MICHIGAN TRADESMAN (Unlike any other paper.) ity to Each Issue Complete In Itself. DEVOTED TO-THE BEST INTERESTS ie tou OF BUSINESS MEN. Published Weekly by Bee Ween) wana TRADESMAN COMPANY learned the po Grand Rapids. Spice copie E. A. STOWE, Editor. Two dollars per year, if paid strictly in advance. : Three dollars per year, if not paid in Lr € oerea advance. the immediate Canadian subscriptions, $3.04 per year, payable invariably in advance. Sample copies 5 cents each. O S tke so Extra copies of current issues, 5 cents oe issues a month or more old, 10 cents; € s0ia im Ways issues a year or more old, 25 cents: issues five years or more old, $1. Entered at the Postoffice of Grand t] Rapids under Act of March DRY GOODS DEMAND GROWING Hct ils the mer ry. 1 The Gemand t NiCr Chan =e ( y \ ~ \\ tim, ct ~ > 1 he ' - 1 \ sse s Set ¢ t OV #3979 ti ( cele - St ¢ s Vancit g s es < tha c st t e ‘ T + S l Cot o > S t \ ~ t ces = 4 v\ ai tT € s S _ av o easit cs > 2 c1 4. ¢ . ae + - ~ 5 where { 1 ( ~ ( t ec L ie . 14 1 S Ss co olled h S 6 rl tT Wo S11kK A WLOT Ee ( s s é eG. ¢ ~ - 1 ~ consum Ss | € ~ Lets Q eas ce 1 E S s 1 4 4 +} ‘ 1 C ads ) = ¢ Al; € s r ( QO Vsetribiut t e 1 +1 ci Ses Slik cy . ce liyveraite + C : ec S We Sit sf ~ t ' the t \ é < e set eC : 1 c : i : ery 1¢ < s t ‘ 1) 1 < , - ; { I: € = 1 of I € ‘ 5 “ 1 in 1 S g G ¢ - etal dd { Yr + Te ~ { ft ~ ~ or re ih ea ‘ : A ay Shinning ct S i recs 1 eee eae +h eee fo the Uoited| States 4 ' his s eae te Bede Vv head k ' Ty nt+4 1 1 1 luctic coes \ it 0 i c + 1] r ae at nr + that is heing kent limited. catch up Spr A a : ! ' : Tn + - £ d +h ic 4 UGE etaoe uae alnce mM ~ 7 a tn the Hax held there is a shortag: as ciose r books Subscription Price. add to the further stimul GRAND JURY UNAMERICAN. . rcs ~ « o > 2 a 1 oa S ; 7 speakers ~ sts ~s yo t i SEO eR a RNR NR NEN ee ee n life vould De solved satisfactorily MICHIGAN TRADESMAN October 29, 1919 THE SAGINAW VALLEY. spoke briefly on Greater Saginaw and positive future developments. Saginaws U. C. T Mayor, Ben N. Interesting News vs Notes From That yircer, was present and said his compli- ments to the boys of Saginaw Council Locality. eee s : oT a _ and told of what was be.ng attempted Saginaw, Oct. 28—Twenty-five years’ by himself and the city council toward can look back to Oct. 18, 1919. as a history making event in Sag- inaw Council. It has passed, but will live in the memory of every man present as one of the finest examples of fratern- from now we making Saginaw a better place to live in. At this writing I feel it would be an injustice, if | did not say a werd of for those who helped to entertain. and Mrs. R. C. Duncan, the for- alism ever executed in any council. Most as an entertainer and singer with particularly will the day's events s.cret the Mrs. at the piano, gave a splendid themselves in the hearts of those officers aceount of themselves. Their work was who did themselves proud in the exccu- greatly enjoyed. tion of their ritualistic work when an 2ichard Brown. with his mellow bari- even fifty men of erling quality en- tone voice, caused considerable comment, f our had left that part which enabled him to s. ng thought he tered the secret portals great fra- for many f his anatomy ternal home. With S. C. Daniel Mc- Arthur and his co-workers, J. C. Bert like a bird over in France. Sutherford, Conductor Orin Leidlins, Then there was our friend mmy the arch é Ss nel and his outer * eommonly Known as Jos. G. pal, wih © SS Cc. Saginaw’s Harry Lauder. He Frank Breme hor of having on several times and with his presided on tt at day. The vim and and soul and voice gave vent to spirit put into most com- his Scot ‘+h pride, that pleased all his mendable and, ting any re- listeners flection on the other officers Gld 43 has within her circle one of the I can it but 1 al mention ‘leverest saxophone artists in the country of the wonderf by 8. 4 and we were thrilled by the splendid Rutherford on t e. 1s lec- music Walter Zimmerman produced on ture given from brother to ‘rooked instrument. Mrs. Zimmer- brother with an at touches gave a good account of herself as the pebener is a lasting a soprano singer. Before leaving the impression banquet hall, I want to say that chair- To-day Saginaw Council has passed man Charles Robb and Messrs. Adams, the 400th mark and, not content with ;, Cooley, Choate and Brown, his that, but seemingly fired by the spirit of co-workers on the entertainment Saturday’s event, they are ple dging e, are to be commended for themselves to pass the half thousand part in this epoch making day. mark before a ] ez Mr. Robb sks that I convey his thanks city is growing to the bi and to those who so kindly every week adds to their services in helping The work was pu make the day a si Ss. (three hours), At 9 0 ck dancing and cards were started and everyone present seemed to catch the spirit of ippy music rendered by the Mel g orchestra At 12 all departed, feeling that they were better off in having participated in the day ceremonies and festivities The following gentlemen proved their worth to be called U. C. T's at our last ing in the meeting: Kk W. Ahrens, 516 South queteers were kept merry by the enter- Porter street, Saginaw, representing Wol- tainers. A fine program me was given verine Cigar Co., Saginaw; Ed. J. Bon- after the banquet. nell, er Walnut, Sag rinaw, representing A splendid and it -e talk was giv- the McClure Co., Saginaw; Ward Blunt. en by John G. Ck of Gad Axe. on Saginaw, representing Morley Bros., “Commerc.al Recon tion.” Mr. Clark Saginaw; W. Baker, 807 Holland is a very eloquent and forceful speaker avenue inaw, representing Morley and gave the listeners much to think Bros., Sagi inaw, Cy auer, 402 1 about. Wi B. S. Rutherford on the Fisk Ru anes Co.; ¥ burial fund and its fits. South Granger, Sag naw, Gordon Grant, Saginaw’s live Saginaw Hardware C ren venue, aginaw, rx representing Saginaw; C. W. realitor, Baker, 3103 South Washington, Sag- inaw, representing Saginaw News-Cour- ier: John G. Chadwick, 113 North Fayette iginaw, representing New Idea Spread- er Co., Coldwater, Ohio; T. R. Collier, 235 Sheridan avenue, Saginaw, repre- Cable Piano Co., Saginaw; 8. O. senting Downer, 203 Simoneau street, Saginaw, representing Charles Wolohan,’ Birch Run: J. C. Dierich, BR. FE. D. No. 3, Sag- inaw, W. S., representing Standard Oil Co., Saginaw; H. H. Davis, 917 Hancock, Saginaw, representing ~. @ Davis, h.usic House, Saginaw; J. J. Dunn, 125 Heterboro strdet, Detroit, epresenting himself, a flour broker; Lewis E. Grice, Croswell, ee Wilson & Co., aginaw; Ind. A. Gregg, 1000 North Por- ter street, Saginaw, representing Morley Bros., Saginaw; W. §E. Graver, Caro, representing International Harvester Co., ginaw; J. J. Gilmore, 620 Vanderveen str_et, Middleton, O., representing Web- ber Flour Mills, Salina, Kansas; iu. Tf. Hendricks, 709 W alnut street, Saginaw, representing Standard Gil Co., Saginaw; Ss. M. Fry, Saginaw, representing Spagler Fruit Co., Sagmaw; T. F. Grieg, 122 North lith street, Saginaw, representing Melze- Alderton Co., Edelman. 601 Cherry, Sarinaw; W. G. Saginaw, repre- senting Morley Bros, ee MC. Gardner, 2311 Genesee avenue, Saginaw, representing Morley Bros., S: aginaw: D>. Horning, 412 Weadock, Saginaw, representing Quaker Oats Co.: J. a. Jerome, 308 Emily street, Saginaw, rep- resenting D. A. Bentley Co., Saginaw; H. South k. Joseph. 707 Annesley street, Saginaw, representing Standard Oil Co., Sag.naw; Vern La Vanway. 506 Carlisle, Saginaw, representing Underwood Typewriter Co., Saginaw; Walter A. Leesch, 1125 Lapeer . Saginaw, representing Morley Saginaw; D. W. Tamason, Vas- sar, representing Vassar Farmers Ele- vator Co.; Abe Lincoln, 524 Stone street, Saginaw, representing Morley Bros.; G. A. Mills, 516 West Bay street, Saginaw, representing Shaw Bros. & Wilson Co., Minneapolis, Minn.; R. M. McAvoy, 516 Thompson street, Saginaw, representing Morley Bros.; E. J. McCoy, 2021 North Bond street, Saginaw, representing Mar- ion Food Co., Marion, Ohio; C. R. Mac- Eachron, 1214 Genesee avenue, Saginaw, representing U. S. Distribution Co., Sag- inaw; W. H. McGillivray, Bad Axe, rep- resenting Clark & McCaren Co., Bad Axe: ©. J. Osborn, 310 Carroll street, Saginaw, representing Underwood Type- writer Co., Saginaw: C. . Phillips, 1131 Genesee avenue, Saginaw, representing Morley Bros., Saginaw: J. BR. Pinnell, 1602 Mackigaw. Saginaw, * repres nting wholesale art works, Detroit; R. Millington, representing Stand- himself, L. Riker, ard Bros. Hardware Co., Detroit; J. H. Reay, 123 North Weadock, Saginaw, rep- resenting Hoffman Egg Noodle Co., Cleve- land, O.; C. T. Symons, 716 So. Weadock, Saginaw, representing Symons Bros. & A. Sayler, 1498 North Michigan avenue, Saginaw, representing Morley Bros., Saginaw; G. G. Stine, 318 Cornela street, Saginaw, representing Fisk Rubber Co.; F. W. Schwartz, 632 Co., Saginaw; T. South Sth, Saginaw, representing W. H. Pendell, Saginaw; H. J. Stenglein, 805 Adams, Saginaw, representing Saginaw Mirror Works; W. H. Stenglein, 805 Adams, Saginaw, representing Saginaw Show Case Co., Saginaw; G. R. Wine- garden, 212 Schafer street, Saginaw, representing M. Piowaty & Co., Sagi- naw: C. Whitehead, Franklin Hotel, Saginaw, representing Waltham Piano Co., Saginaw; Hugo F. Werner, 221 South 10th street, Saginaw, represen’ing Mor- ley Bros., Saginaw; A. B. Zigler, 204 North Oakley, Saginaw, representing J. D. Mershon Lumber Co., Saginaw; C. H. Diamond, 326 South Jefferson avenue, Saginaw; E. C. Fa Mayville, represent- ing Nussbong-Grossemean Co., Cleve- land, Ohio: Harry &. Tx 2422 North Michigan, Saginaw, repres ing Armour & ©o.,, Chicago; A. D. Vining, 232 South Warren avenue, Saginaw, representing Wilson & Co., Saginaw; Jay Wilson, Mar- lette, representing T. Wilson, Inc., Mar- lette; Hugo F. Werner, 1525 Federal ave- nue, Saginaw, representing Morley Bros., Saginaw; R. E. Wills, Millington, rep- resenting Adrian Wire Fence Co., Adrian; J. H. Wehan, 438 Hermanson, Saginaw, representing Symons Bros. & Co., Sagi- naw; Charles Harphan, Vassar, repre- senting Vassar Farmers Elevator Co. To you men, congratulations and may each and every one of you prove yourself worthy as a salesman by doing your share toward making Saginaw Counc.l the best and biggest council in the State. No organization can live by its mem- bers staying away from its meetings. You promised to do your bit. Now show your metal. Watch your ealls. Pay your dues promptly and there- by help to lighten the work of your Secretary. Don't be without an applica- tion blank in your pocket. Try and in- assessment duce someone to seek the protection the United Commercial Travelers of America gives you. If you will kindly go down the list of new candidates you will find our worthy Senior Councillar, Daniel Mc- Arthur, was a busy man among the salesmen of Morley Bros It must have made him feel his fellow proud to see salesmen enter the (Concluded on page twenty-five.) No need of it. You get Quality if you tie up with a reputable house. And by the same token, Price will take care of itself. you carry. we're sure. When in the city—drep in to see us—won’t you? For—unlike dry goods, or shoes, or clothing—Style and Pattern are never You Don’t Go to Market to Buy Groceries In tuying groceries, Quality and Price are your only sole consideration. You buy your groceries from a Salesman who carries a cost-book, a handful of samples and a head full of information. Perhaps it never occurred to you that mutual benefit could be derived from a visit to the wholesale grocer whose line You'll be coming to market soon. Suppose you spare a few minutes for your grocery house. If you’re a Worden cus- tomer, we'd like to get better acquainted. If you're not familiar with the Worden lines, we can show you something interesting, WoRDEN (GROCER COMPANY THE PROMPT SHIPPERS GRAND RAPIDS—KALAMAZOO—LANSING featured in the grocery line. twelve of ranks of caappegmpna 20 - as eh cillten be iP a 1 1 ' i j | ? \ - ——- i : tlle i nes, ’ . a te, ~ : ' a my, emma ~~ —— ~ ee ss. — October 29, 1919 MICHIGAN TRADESMAN ae Le ae. ee PIOWATY setppat sant ot tho Republic, wants to buy your Niagara County National Bank, Lockport, N. Y. Grand Rapids Sav‘ngs Bank, Grand Rapids, Mich. The Citizens National Bank, South Bend, Ind. Union National Bank, Muskegon, Mich. American Savings Bank, Lansing, Mich. Second National Bank, Saginaw, Mich. R. G. Dun & Co. Bradstreets The Packer ® AFFILIATED M. PIOWATY & SONS Grand Rapids, Mich. Muskegon, Mich. Lansing, Mich. Battle Creek, Mich. Saginaw, Mich, Bay City, Mich. South Bend, Ind. Elkhart, Ind. CLARK FRUIT CO. Ft. Wayne, Ind. Huntington, Ind. LAKE SUPERIOR FRUIT CO. Houghton, Mich. Calumet, Mich. M. PIOWATY & SONS Chicago, Ill. WAREHOUSES South Bend, Ind. Benzonia, Mich. Martin, Mich. COLD STORAGE Lockport, N. Y. All Codes Used We pay cash and the top market for what we buy. The same fair treatment accorded everyc ne. If you can give us quality, get in touch with us. M. Piowaty & Sons of Michigan Main Office, Grand Rapids, Mich. Branches: Muskegon, Lansing, Bay City, Saginaw, Jackson, Battle Creek, Kalamazoo, Benton Harbor, Mich.; South Bend, Ind. OUR NEAREST BRANCH WILL SERVE YOU MICHIGAN TRADESMAN October 29, 1919 Movement of Merchants. 'illsda’e—! Shilley soid Ss su x ( —4INTS OUS ana all paper to &. N. GE re Lansing. who will continue € Siness at same location Dimondale—After continuous sé vice r the past twenty r years 1€ ¢ house of Harris, Corbin W A? nas cx reorganized unacer ee f4 {Ro Vi i a Oo 74 s je 1 ] 1 ‘ re tt ) His Opti 1 ma day—The Hockaday Produce & Dairy Co. has been incorporated vit uthorized capital stock o 70.000, <« amount $3.000 has ec s scribed and $1,700 paid » i i Y { -The P. A. D. Reconstruct- d Tire ( Tne s be organized witl rized capital stock P2000, OF 1 nount $2.000 has cs k of $6000. of which amcunt £3000 c hee Suds ed 1d $1,500 aoe ch Detroit—Io Weiler the Bread y baker 1 confectioner, recent] posed of the huildine 1 propert 13 tly ss the street from his lant—re¢ g rofit said to be ess £150.000, a cor atio itel d theater cs fp 4 CTeCc io +} j ] | a ( o-C)per \ As S hz s ee } ) ed to ,s 1 1. fo ce : ai awl ( to 1 \ pend the winter at Minot, North I t Mrs. Doyle she cannot afford to be without Tradesman and wants her copy of the naper to be 1 ce Bea le Be ee ent to her at her new home. Greenville—M. Jf. 1 Welsh. former ord of hotel Phelps, 1 of Bay City. has purchased the Phelps Hotel and will take possession Nov. 1._J. Stafford. the present manager. commence the manufacturing of meus Hotel and which he has purchased the Parks sanitoriim, at St. Louis, i pwned, ormerly possession Novy. 1. taking Manufacturing Matters. Jackson—The Stern Furniture Co. has increased its capital stock from $30,000 to $50,000, Caro —The Co. increased its from $10.000 to $30,000, Beet Products capitalization Sugar has Flint—Fire destroyed the five-story warehouse of the Doty-Salisbury Fur- niture Co., entailing a loss of over £200 006. Allegan—Fire destroyed the dry Lain Kiln Arnold the Owen and factory of Casket Co! Oct 22, causine a loss of about $15,000, partially covered by in- surance. Eaton Rapids—The woolen mills of en- Horner Bros. are to be greatly The 3 is said to have the largest number larged. concern of orders on hand it ever had. Menominee—The Victory Bag %& Pat er Cia: is adding two stories to its and $100,000 main building About on these plant extensions Detroit—The Hare Stoker & Fur- nace Co. has been incorporated with an authorized capital stock of erecting a will be $75.000, of which amount $37,500 has been su)- scribed and $9.000 paid in in property Detrcit—The Northwestern Excel- sior Mills has been incorporated with an authorized apita! stock of $50,000, amount $25000 has been coger ce: xe { paid in in’ cash subscribed and $5.000 paid Detroit—The National Forging Co. heen incorporated with an author- stock of $25,000, all of subscribed and pa'd 1 yeen cash and $18,850 in prop- MT u ske Ton | he Carlson Rotary En- incorporated with c10 - ine Co. has been an authorized capital stock of 000. of which amount $5,200 has stbscribed, S300 heen paid in in cash and £2? 200 in pronerty. Detroit—Orline Bros. of Detroit has been incarporated to manufacture and sell sausage. ham and bacon, with an authorized can: ck of $75.009, al' of which has been subscribed and $7,500 paid in in cash Ledge—The Baker Clay Co. has been adiudged a bankrupt. It is elieved there are enough assets to vav all indebtedness but that there il be nothing left for either the pre- erred or common stockholders. sso Elevator & W. tensive improve- Ow Co.. VanSice, is making ex Lumber successors to ments in its plant, installing modern ities its busi- machinery and improving its faci for handling all branches of ness. Embury-Martin Lumber Co. has purchased from the 12.900 acres of timber land. near this place. St. I[enace—Tfhe Ifansen interests, of Grayling, This is one of the largest timber deals consummated in this State in a long Hancock—Guitermann Bros., con- ducting nine different factories in the United States, erecting a modern plant here and will var- 10us parts of are furnishing goods as soon as the build- ing is completed. Detroit—The Rinshed-Gagnier Pant (Co. has stock company under the style of the Co. ized capital stock of $25,000, of which $22,500 merged its business into a Rinshed-Mason with an author- has been subscribed and paid in in property. Detroit—The Detroit Wire Cloth Co. has heen incorporated to amount manu- facture and sell wire cloth and other with an authorized cap- ital stock of $14.000 comm 000 preferred, cf 000 has heen subscribed Wire products. 1 and §S,- $11,- 34.000 which amount and paid in in cash. Owosso-_Paul Siess has again en- igar : manufacturin: will co nduct a eased in the c business and whole- sale and retail cigar and to»acco store in connection with it at 113 West Main street, under the style of Paul Siess & Co. Miss Irene Cargill, former y of Morrice, will be head book-keeper. Detroit—Plans are again in contem- and additions to the Cable-Draper Baking Co plation for extensive alterations plant at Vermont and Marquette street. This plant, less than five years the ty. The company owns considerab’e 1 old, is now one of the largest in ci adjoining property and although every least een made to the plant it is year at large addition has one not suf- icient to keep pace with its growing business. ~~ New Organization in South End. A South End Men's Clu) organized Mcnday eve- Business was formally ning on Grandville avenue, comprising While a district south of Hall street. the organization is undecided as to name, its object is to fraternize with like associations for an uphft move- ment tO encourage impr WeInNents, sc- Cure more manu! icturing interests, to solicit investments of local capital ard foster commercial and generally to mercantile interests. {t will not an- tagonize the present old organization, Grandville the Avenue Improvement \ssociation, but will co-operate along the above lines. The new'y elected officers to serve until the close of the fiscal year, Dec., 1920, are as follows: President—H. L. Barrett. Vice-Presidents—John Hekman and Pj. Haan. a " DECIClary—_ it Assistant Secretary . Treasurer—Peter Leestma. Directors—W alter Mulder, Dr. Ge London, the Broodman and D. Presi- dent and Secretary being ex-offic) members. The nbership fee and dues are piaced at $1. met A very complete con- stitution and by-laws has ed. A lus 1 } —9 a ie Husiness ot been adop*- 1 the served after com- ch was the evening was pleted. Th c 1 pcen Grand Rapids Table Co. has 1 and furniture, with an av- therized capital stock of $40,000, all of which has subscribed $30,000 paid in in cash. organize¢ to manufacture sel] household heen and fe <<
PRODUCE MARKET |
Review of the Produce Market.
A\pples—Snows,
25; Fall Pippins,
Northert
B
oti
$2; Kines, $2.50: Spy, $
3.00; Greenings, $2.50;
mn
aldwins, $2.5).
Bananas—$8.25 l
per 100
per bu.
Butter—The
prices ranging
The consumptive demand
bs.
Beets—$1
market is steady, at
about the same as a
make is light,
‘ the
year. The market is healthy on the
is very good [he
iS uStual at this season of
which
present basis of quotations and not
1
i
immediate
hold
and
change in the
1
Local
CLCamery at
ikely to
[ dealers fancy
G7c in
No. f
picking
65¢ in tubs
Jobbers pay 30c for
dairy in jars and 40c for
Cabbage—$1 25 per bu. cr $3.75 per
bbl.
Carrots—#1.10 per bu.
Sic.
Celery—35c per bunch: jumbo,
Celery-Cabbage—$1.25 per do
Cocoanuts—$1.40 per doz. or $10.50
Sack (of 100.
Cranberries — Early
Cod,
per
Black Cape
and $5.25 per
bbl.; Howes are held at 25c per bbl
higher.
$10.25 per bbl,
ucumbers—Hot house, $2 per doz.
“ggs—The market is steady, wit
1
i
12a
normal consumptive demand, at prices
week
very light
ranging about the same as !ast
Receipts of fresh eggs are }
and the market is firm on both stor-
age and fresh. local iol
candled,
ybers are pay-
off,
Cold storage holders
ing 60c for fresh, loss
S
including cases.
are feeding their stocks on the
basis of 51c for candled firsts and 46c
out
for seconds.
Ege Plant—$1.50 per doz.
Garlic—60c per lb.
and
Grapes—California Malagas
Tokays, $3.25 per crate; Emperors,
f.05 per keo.
Grape Fruit—$5 per case for either
Floridas.
Oe. per Crate and §
Cuban or
Lemons—California, $9 for 360s and
$9.50 for 300s or 240s.
Lettuce—Head. $2.50
house
per Du... hot
leat, 12¢ per {b.
Melons—Honey Dew, $3: Casaha,
$2.75.
Onions -— California
$4.75 per 100 Ib.
fornia White, $5 ditto; Spanish, $2.50
Australian
Brown, sack: Cali
per crate for either 50s or 72s: home
sack.
Valencias, $6.50@7
Sunkist Valencias, $7@7.25.
grown, $4.50 per 100 lb.
Oranges—Late
Pears—California Bartletts, $5.50
per box; Keefers, $2.
Plums—$3.25 per box for California.
Potatoes—Home grown, $1.40@1.50
per bu.; Baking from Idaho. $4 per
I OX,
Quinces—$3.50
grown.
per bu. for home
Radishes—Home grown, 20c_ per
doz. bunches.
Hub-
Squash—$2 per 100 Ib. for
i I
bard,
Sweet Potatoes—$1.75 per hamper
or $4.50 per bbl. for Virginia.
——__>2——______
The Grocery Market.
Sugar—The visit of the beet sugar
manufacturers to Washington resulted
in the food officials revising their edict
regarding the price at which beet
sold. manufac-
turers were permitted to charge 10'c
per pound, plus the freight from New
York to point of destination. In the
sugar should be The
case of Grand Rapids this makes the
price to the jobber $10.96 per 100
pounds. The jobber is asked to sell
gives him
which
100 lbs. or
Sranulated at 1134c,
a pr At ot
imately 434
S4C per approx-
per cent. As it costs the
jobber from 714 to 8 per cent. to do
the
show a considerable
husiness, all his sugar sales on
estab ished basis
loss. The Government has no author-
ity to fx a price for the retail grocer
tetal sales exceed $100-
(09 per year—but he is expected to
tet
cel
—unless his
Srantiiated On a basis of 13¢
,
which cives him a profit of approx
imately 13 per cent.. except where he
fe Boao :
has fre‘oht and cartage to pay. as is
the case with grocers not Iecated in
at : .
jonbineg towns. In such cases the ratio
ot maren wl] varv from 5 to 8
per
cent. As it ccsts the average reta‘l
erocer rot Tees than 15 ner cent to
do business the Tradesman telieves
—as stated flv last week—that the
Wholesale nricé of oronulated
shorld
retail price 15c This
sive the inhker approximately
be 12c and the
would
9 per cent. marvin. exclusive of
freight. while the retailer would re-
ceive 20 per cert. margin, out of
which he would have to pav freicht
and cartage. It is a little sineu'ar
that the administration pounces uno
sugar and flour as the only two arti-
cles on which it undertakes ta reoty-
late the price, when so mich profiteer-
ing is being indulged in in enttan and
other products grown in the Southern
states.
Tea—The demand
large during the week. althouch it hos
has heen
not
been steady. The firmest lines in the
market apnear to he Javas and Cev-
lons,
supply of which is larce.
If there was any demand for Tanans
there would undoubtedly he hicher
not
prices, because there is considerahle
scarcity, but as it is the market is dull
Prices all
particular change for the
Coffee—The coffee shows
no change during the week, except a
slight advance in Rio 7s. Demand has
been rather hetter and Rios have felt
it. Santos 4s and other grades of
a'ong the lines show na
week.
market
Santos coffee are about unchanged.
razil seem to he
The conditions in Br
the
rather irregular, market there
being erratic. Everything considered,
the market is still one to let alone
except for immediate wants. Milds
are about unchanged.
Canned Fruit—No change to speak
of has appeared in California fruits,
but somehow the market does not
seem quite so tense as it did some
aDOUt fOr
time ago. There is
sale and the holders of it seem to be
more reasonable in fixing their pric
than they were some time ago.
Eastern staple canned goods are
changed and prices very high.
Dried Fruits—No particular c
has occtirred in dried fruits o
the week. There is something
every day, but no boom. The apricot
situatiOn is quite variable. Prices are
very high and holders vary in their
ideas as much as 2c per pound. Oui-
side of this there has been no particu-
lar change in dried fruits du
pas
very high and very strong
week. Everythi
The news
that the Southern Wholesale Grocers’
ASSOCiation 1s about to file a com-
plaint with the
mission against Raisin
\ssociation and oth
dried fruit combines out there 5
considerable interest, but as
aroused
yet has had no effect upon the market
Canned Vegetables—
market is still very low and listless,
although there
was a rumor oO
the week of some slight advance. TI
lowest price reached on No. 3 y-
lands was $1.65. [t is certain 1
this price tomatoes are a good
1 } a ¥ ote aan } } oe
ut a FCF OF DaCKEers Neeaed reas
t
the slump. The official
a pack somewhat smaller than for
past two years, but still not small
enough (except for fancy g to
sharp shortage. Since tl
n of the figures peas have
weakened tly, as the 1 S
better than most people thought. De-
mand is light. Nobody is taking muc!
interest in corn, prices of 4
unchanged
Rice—Business for immediate d
livery is rendered impossib'e by lack
of receipts, the little that came (
during the week still being t
up in vessels or discharging with dif
ulty. Southern es ntinu
avery strong teno the high view s
entertained by the as a reflect
of the
extreme prices deman
rough rice, tend to confirm buyers
here in a waiting attitude.
Molasses — Supplies continue te
dwindle, and the tone of the market
under a steady demai
from the grocery trade and from man
ufacturing consumers who are largel
substituting this commodity for sugar
wherever possible.
Corn Svrup—There is no let up
the demand and. the mills being af-
opportuni
the
forded no ty to
with orders, market is
bare of stock needed for imn
delivery. A strong tone prevails, but
tT ee
DYIces
have not quotably chan;
(heese- Phe market is firm at ic
advance over a week ago, with a good
hey are responsible fer
0
pack of peas are out and show
and
make is reported to
demand both for
Ft. Ete
past
alith
Caitily
yn and not likely to ch
Provisions — Everything n tne
. i
yrices will look low
} } ‘
and tractive € thre eures at
] nex Manutacturi 1
4 E nex Jianulactt Hs On ONS
} }
are nor § YO d
’ 1
CTive Broke ve represe
t ‘ e]
ral ane oak h- ] ‘
tfat €mopires nave €en
‘ ac S tO Sive
+ ty h- + + | ¥
tire outputs, it has been reportec iC
| e remer ed that sumption
c } ne 51]
yi these toods are small con
' 14 4
VitH use tHe ( ter establish
VAT +} Q
ean ¢ tries \ n the do
4t ‘ ey
ane € gsrowtn and machinery
limited to set t ese factoOrtes
1 1 1, + +
e} ( ine the ) Ss not
Ove CaSing
: '
I ve ady
S 1
Wino
1 1
which lo
( 1,- st 1
ives ve advanced t will be
noticed -eports . Sp in
ti 1 1 + 7 } re 1 try
+ ret - ¥
\ | € ¢ S€ exports T i fa 1
to Tu 1919. amounted to 512 -
79g - tad 4 200 ) ~ th, or
ag A10iS omen tO Oo u
. 1
sponding d This in-
ei ‘
creas T2,19 artiy ane
t re ty th estri TONS
1 1 1 - } 1
the export o es of whic
1 ne 1 { a
100,705 ¢ ions, valued at $1.650.967.
f exported to. the { d
Cand } tha t + - + thy
¢ I et Six mnths
The “Tt TTS 67 yives € St ! ]
1 ' -
this: year nted to St.30; 4
et $798 479 in |: 1 Tun 1918
oe a 1 +3.
Salt Fis —iVEACKETE re ~hanged
say 1 h and
SUDPPDIN ¢ ) S ing ent and
: 1 1
ry rh
ce er on,
Piggly Wiggly Stockholders Wiped
Out.
When the Pisely Wigely Co. was
organiz this ty ess than ¢
+} Trad { licted
e 12 t aes i ] Cited
€ } StOTS W G@ He r
see € ol ei 3 ney
f T10O { ~ 1 Ww true
1 a4 4
> t Mr \ ’ 11d S14
j a Bl }
cas i 5 nvwec Of
€ Vv I = ers ci vd, who ha
Se ‘ the siness the pretext t t
as
t LO TECEMIENtsS | T } te wit? the
rent « pany were no ng lived
+4 “r {
to 1th ¢ C T =< t n ui¢
: 1
t} € siness | TY vle ) the
hn
a 2
~+
ibiect to a
ine of $5.000 and jail sen-
exceed two years. In
te past the law has been administer-
I but hereafter the
nsegressor will be a hard
determination of the
rofiteering and
will be no leniency.
ye in Operation but a
short time or until the
peace treaty is signed by this country
nder its
‘mce HOT £O
moaratively
| IFOVISIO ns, it wi
“ea ‘Tt was a war meas-
ure act and in force only during that
4 course, of mak-
ing some permanent provision to curl
the es That was the recom-
nendation President Wilson in his
message to Cc ongress on the high cost
li ut as Congress is under-
planning to ic. when
he peace treaty is out of the way it is
probable that anything will be
» function.
me. 1 here is ta kK. of «
‘ood to be
in this direction until the new
ession is convened in December.
INCREASING
SALES
“Nothing succeeds like success.’
The proof of the pudding is the
pleasing of the palates of the people.
That Lighthouse and Red Cap brands
please the people is shown in the sales
of several hundred thousand more
pounds this year than were sold last
year—and the season is still young.
Because Lighthouse and Red Cap
brands sell and others stay with you,
there is no question which brands you
should handle. They please the people
and the successful grocer realizes that
he must please the people if he is to
make money and retain his customers
in the face of sharp competition.
NATIONAL GROCER
COMPANY
Grand Rapids
Lansing
Cadillac
Traverse City
\
4
‘
14
;
P
October 29, 1919 MICHIGAN TRADESMAN
An Investment Opportunity—
United Kingdom of Great Britain and Ireland
Ten-Year 54% Convertible Gold Bonds due August 1, 1929
and
Three-Year 52% Convertible Gold Notes due November 1, 1922
Dated November f, 1919, Interest payable February J and August }
Direct Obligations of the Government
Principal and interest payable in United States gold coin, at the office of J. P. Morgan & Co., without deduction of any
British taxes, present or future.
COUPON NOTES IN DENOMINATIONS OF $100, $500 AND $3,000
COUPON BONDS IN DENOMINATIONS OF $100, $500 AND $5,000 REGISTERABLE AS TO PRINCIPAL.
The relative amounts of Ten-Year Bonds and Three-Year Notes—the aggregate not exceeding $250,000,000 in principal
amount—are to be determined by J. P. Morgan & Co.,, at the time of the closing of the subscription books.
These securities are to be convertible, at the option of the holder, at 100 ard interest, into National War 5°, Bonds,
Fourth Series, at 100 and interest, Sterling exchange being computed for the purpose of conversion at the fixed rate of $4.30 to
the pound. Such National War Bonds are payable in Sterling at maturity, February f, 1929, at 105°, and are more fully de-
scribed below. Conversion of the Ten-Year Bonds may be made at any time pricr to November J, 1922, notice to be given prior
to September J, 1922, of conversions to be made on or after that date.
Upon such conversion the converting bondholder or noteholder will be entitled to receive £232: {23.: Od. principal
amount of such National War Bonds, for each $1,000 principal amcunt of Ten-Year Bonds or Three-Year Notes surrendered.
Details of conversion arrangements and provision for handling fractions will be announced by J. P. Morgan & Co. in behalf of
the British Treasury within the next few days, and will be kept cn file at their office.
The National War 5° Bonds (Fourth Series) are payable in Sterling at 105°; on February 1, 1929, at the office of the
Bank of England, London. They are now actively traded in on the London Stock Exchange, and are quoted approximately at
9834 bid, offered at 985%, at which price they yield if held to maturity about 5.70°.. The following table shows the amounts
which a holder of Bonds or Notes of this issue would realize in dollars, assuming that such National War 5‘, Bonds were
sold in the London market at 100, or were paid at maturity at 105, and the proceeds converted into dollars at varying rates
of exchange:
Arsount Realized for each $100 of Bonds or Notes
Rate of Exchange Based on Sale of National Based Upon
War Bonds at 100 Maturity Value of 105
4.30 $100.00 $105.00
4.40 $02.34 $07.46
4.50 $04.67 109.90
4.60 106.99 $12.34
4.70 $09.32 $14.79
4.80 $11.64 117.22
4.8665 (parity) 113.19 $18.85
We quote as follows from the published prospectus descriptive of the National War 5°; Bonds (Fourth Series), pay-
able February 1, 1929, at 105%:
“Bonds of this issue, and the interest payable from time to time in respect thereof, will be exempt from all British taxa-
tion, present or future, so long as it ts shown in the manner directed by the Treasury that they are the beneficial ownership of
a person who is neither domiciled nor ordinary resident in the United Kingdom of Great Britain and Ireland.”
WE OFFER THE ABOVE OBLIGATIONS FOR SUBSCRIPTION AS FOLLOWS:
Ten-Year Bonds at 96% and interest, yielding over 6%.
Three-Year Notes at 98 and interest, yielding about 64%.
THE MICHIGAN TRUST COMPANY
8
WE ARE ON A SUGAR SPREE.
Everv one with a sweet toot 5
} 1 } 1
asking tnese S wily 1 iall O
} | a there
costly pic ang near peace tiere is
}
a shortage of sugat Phe sacchar
Scarcity ame upon > Wwol il
ine TOM
1
nad e€
r or al
S a 21e€Aaler G nat
oar ¢ S act tally
e whoie 10% 15 ON
a } 3 + +
4 suo cnret 1 e |i kK © Sweets
has been acce até C n10%
] ‘
orors | Suca rd atio
y : } 1 ss 1, +}
P r \ S oed W Th >
o or the qdity a rcs
é ’ 1}
e exciteme i rry al i
ed attention to so oi the causes
Americans witli! a t¢wW Gay> 4n'
t eT al eat Go Te sug
| 3 ti +h '
than for vears yr at this rate t (
. oi easily re m1
no < t ( aa year > ‘
aut c> 5 4> ~ ay
pounds | 1st Vine tne
: < ined ‘A e