Newspaper Page Text
6D
The high price of today makes the
high price of many years ago seem
almost negligible, and the high price
of today will soon seem cheap com
pared to the prices of tomorrow, In
the ophrion of 1. P, Rosser, millinery
buyer for the J. Regenstein Company.
Mr. Rosser went to the source-—in
the Bast--recently, and learned of
conditioms at first hand.
“The high price of today will seem
eheap a few months hence,” he de
clared. *“This condition is due to la
bor tronbles, in a great measure, at
all manufacturing centers, Labor ls
demanding and receiving enormous
increases in salary, fewer hours,
which advances the cost of produc
tion. There seems to be no roof to
halt soaring prices. And as for next
season, I would not undertake to
make a guess,
“l recently passed three weeks In
New York. During that time I
bought, which was before the general
advance began. I look for a great
geason in panne velvet, beaver cloth
eombinations as well as velvet hats,
Long nap velours of the better qual
itlee are very good. {
*“rhe new thing in feather trim
mings 18 known as ‘blondine.’ lt[
Jooks like paradise—--is pretty and ex
pensive,
“As to the eolors, I would Hst theml
this way:
“Blacks, nigger brown, beaver,l
eopen blue, jay blue and navy. Alnn,‘
they are very good In the pastel
shades, such as jade green, mm,‘
orchid, turquoise, and all light colors.
The newest development in color Is
the burnt orange. This will be prin
cipally used as a finishing touch.
“Ribhons are good for trimmings.
The novelty fancy ribbon with the
metal ornaments is especially favor
ed. Ormaments will be good to & lim -
tted extent. ‘Ostrich fenthers have
eome into thelr own again, A num
ber of regular plumes are used, al
though the heads are bent over and |
they are not as long as the F‘mnch;
styles used to be. Ostrich fancies nndl‘
glycerine ostrich are also welcomed.”
Southern Air Mail Is !
Proposed at Cleveland
CINCINNATI, Aug, 30.—Mayor,
Galvin and the Chamber of Commerce
are taking steps to meet requirements |
of the postal department in provlr"m:l
a fleld here for air mail service. 'l‘hisl
action follows reports that Indlnn-|
apolis, instead of Cincinnatl, might be |
made a divisional point for the r-x-!
tension of air mall from Cleveland
and Chicago to St. Louls and points
southward. '
U. 8. TO PROBE OIL STOCK.
WASHINGTON, Aug. 30.—Investi
gations of some fifty complaints of
the sale of wildeat ofl stocks in the
Texas oil fields is under way by the
¥ederal Trade Commission. The com
mission has sent two of {ts Investi
gators into the region with instruc
tions to make a searching inquiry in
to the cases.
The complaints were lodged with
the commission by competing con
cerns selling stocks or others inter
ested in the legitimate development of
the fields.
—is our business
0(’ € convcey your bUSIneSS messages In
Printed Forms that speak for themselves
If it’s worth Printing
it is worth Printing Well
W d hows 1
€ LOVC our W()rk""an our WOl'k shows 1t
So the really big thing for us to do is to create, as it were, printing that shall be characteristic—
printing that has a personality—printing that will create a personality for you—for your station
ery—for your letterheads and envelopes—and for your printed forms of every kind.
A firm may have the best of goods to sell, corking selling ideas, unbounded enthusiasm and
energy, and yet fail to get maxim®n results because of the unfavorable impression created by the
stationery used. If you want your ideas to get across, introduce them properly—give them the
proper credentials in letterheads, envelopes and enclosed lit_erature.
We sell ENVELOPES as a Specialty, We are Mill Agents and can
furnish Envelopes in every size, for every purpose, at correct prices,
We sell both wholesale and retail. Printed or plain.
BEALL-RICHARDS PRINTING CO.
‘i “Nothing to Do but Print"
145 S. PRYOR ST. Phone Main 4090.
PROSPERITY NOW
UNHEALTHY, VIEW
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R. K. RAMBO.
BY R. K. RAMBO.
In summing up the business sit
uation, one man's guess is just about
as good as another, Any one that
guesses right is successful, and the
man that does not, “ought te know
better.” One thing is sure, if you read
owervihine that is sent to vou that is
egeryining unat s seni 10 you uUlal iIS Al APLIDG e pIThTHL LTy, uLites we
“important on conditions,” you willhave another world war suddenly, as
HEARST™S BSBUNDAY AMBEKIUAN — A NMEWSPAPer 10r reopie wWNo TOINK — SuivbAax, AUUUDI 01, 1717.
"never have time to learn your Sun
day school lesson.
It is the 'ong pull that looks haz
ardous, Most any of us can see a
zood fall business ahead; in fact,
we could not stop the momentum
[:rainad until we have gathered and
marketed the present crop, unless we
ROCKY MOUNT, N. C,, Aug. 30.—
J. W, Gravely, president of the China-
America Tobacco Company, with of
fices here, will build a big addition
t 4 his company's Rocky Mount fac
tory.
Plans have been completed for the
puilding, whieh will be a four-story
nrick mill, fireproof structure furnish
ing 25,000 square feet of floor space.
The mechanical equipment to be in
stalled will include two tobaeco dry
ing machines with a capacity of 70,-
000 pounds in ten hours,
A AA AN
occurred in 1914, Here's hoping we
will never see this again. :
The wise ones are prepared for this
season, but as to conditions for next
year and the next year and on, it is
a problem. Then, too, a guess into
the future made today may be cor
rect, but might be knocked into
cocked hat by an event which miy |
oceur next week, although said eve ‘
may be foreign. ‘
We must consider that the world l.w‘
claser than ever before. Business
transactions with the different mun.‘
tries are more closely allied than
ever, One thing is sure, if the S'.n-‘
#Me would lay aside other matters
and ratify the peace treaty, busim-ss‘
would surely be adjusted more rap
idly, Business men are at a loss to
understand legislation in W.’mhing“
ton, any way, and to a great extent
are they particularly provoked at the\
delay of so vital and important ai
question as the ratification of the
most important covenant concerning
this country’s future that has ever
been before lawmakers, |
The high cost of living, adjustment
of railway wages, even national pro
hibition, are a side issue as compared
with the ratification of the peace
treaty, and yet it has been said that
the Senate will not be ready for a
vote on this important question be
fore Christmas. '
Therefore, the present econditions
might be termed “unhealthy prne-xper-‘
ity,” yet after permanent adjust
ment it no doubt will change things
to a healthy condition. Textiles are
high and will continue so—certainly,
as long as production is under nor
mal and with foreign trade looking
to this country for supplies in very
line. Exports are running above pre
vious years and would be greater if
satisfactory credit arrangements
could be made, |
This is one of the most vital and
important questions now confronting
financial men, and is another evi
dence of prompt action desired on the
peace ratification. The exchange of
:nq Kurope is far above normal, and
with these countries our most impor
tant customers, it is a question of
just how far we want to extend cred
its, A few years ago France and
¥ingland were buying our bonds, and
now it is just the reverse. Not only
France and England but all of Eu
rope are offering their securities to
us, and it is certain that we must
buy these securities if we care to
have their trade.
Quoting from a reliable source,
“The important idea in every one's
mind is, what is the basis of this
prosperity? Is it stable? Can we ex
pect it to last?” Actually, the wealth
of the country s not increasing.
Measured in volume, we are not pro
ducing any more per capita than we
did in previous years; therefore, our
present prosperity can be traced di
rectly to .
First, inflation o 1 currency and
credit, .
Second, exiravagance, and
Third, to a temporary foreign de
mand for gur goods, |
Just to what extent and how far
Prosperity will reach is a question
that each man would like to know.
We read from good authority that
dry goods trade Is showing stability,
tHowever, production is gaining, and
avith normal productions we may ex
pect slight revisions and a spirit of
there will be a sudden slump, as oc
curred when the armistice was |
signed, but one extreme follows un-i
other, and it is the long pull that is
intcresting most buyers, who must|
now obligate themselves for millions
of dollars covering mext season. ‘
Local business is as good as could
prossibly be expected. Merchants, both |
wholesale and retail and reaping a}
harvest on purchases made six and
ecight months previously. This does
not mean that we are all proflteormg.‘
On the other hand, we would welcome‘
investigation by the government on
hourding or extravagant profit. It is
the quick turn-overs that most job-{
bers ure after and appreciate.
it has been said before, and it isl
quite true, that all Southern jobbers
wre selling their goods for less than‘
replacement values. This fact should
'be appreciated by Southern remil}
‘buyers, It is the time to use your
‘lnr‘al jobber for quick shipment andl
prompt service, and by so doinz you
run less risk than by placing orders'
for far off delivery and from far off
muarkets.
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~~ 0T ko aaal - We ve put
A e R T e lid on
; 'vd TR all over .
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: ® °
ng ening
for 1920
\ ‘
Monday, September Bth
, On that date our line will be exhibited in virtually
every Southern State. This will be the Anniversary
of our
81st Season 1n Business
.
The Old House With Progresswe Methods
We will have on display all the smart stuff as well as dependable sta
bles. A glance at our line and you can readily understand why our growth
in the last few years has been so phenomenal. Our heavy buying powers,
backed up by our far-sighted analysis of the hat situation, has placed up in a
class by oursejves.
During the trying times in the last three years we have delivered 99
per cent of the goods we have sold and now as we are pAssing through the
most eritical time of all, we will keep the same high standard up. We own
our merchandise before we place it on sale. Our floors are packed with
attractive hats, we have courteous salesmen and large sample rooms. Pay
us a visit.
BI‘OWD. perryman &‘99 Grcene CO.
: Hatters of the South
24 Central Avenue Atlanta, Georgia
PHILADELPHIA, Aug. 30.—What
Alabama may expect if it persiste in
pressing the drastic program of leg
islation aimed at the insurance coni
panies, is convinecingly set forth by
Frank W. Julian, former insurance
commissioner of Pennsrlvania,
Mr. Julian blames the Birmingham
Civie Association for the agitation,
and he warns Alabama business men
that the various measures proposed
will, if enacted by the Legislature,
“drive every sound insurance com
pany from the Sgate”
“Similar bills were enacted,” he
says, "“in Kentucky, Missouri and
South Carolina, and the companies
being unable to sell fire insurance
without rates based on the experience
of all comipanies were forced to with
arew from these States. Business
was shot to piecces and mortgages
were called.
“The business men of. these States
the men who were really interested
in the State’'s welfare—protested, and
in one instance the Governor and
aitorney general of a State agreed
nat to enforce the laws if the compa
nies would return. In every Siate
the laws were repealed and sanity
prevailed.
“All of the howl raised against the
rates charged by fire insurance com
panies emanates usually from those
communities and cities where the fire
losses are heaviest. The business of
fire insurance in Alabama is not a
profitable Lusiness, as shown by the
reports of the State insurance de
partment, Birmingham, in recent
years, has launched at least three fire
ingurance companies organized on the
stock plan. None of these compa
nies are now in existence, and none
of them was ‘bought out by the
trust.’ At least one of the compa
nies was officered by some of the
men who are now clamoring for
‘mcre home companies.’
“If the business men of this State
permit bills to be enacted, just as
certaln as that day comes, the busi
ress man will awaken to find that
he can not get fire protection, even
though the Birmingham Civic Asso
ciation assures him to the contrary.
“Already the State has permitted
inter-insurers of trade mutuals to
come into the State and take insur
ance from the licensed tax-paying
companies, and these so-called inter
insurers are not subject to State
supervision, or inspection as to finan
cial strength and underwritng meth
ods. And if the anti-rate agreement
bill passes, the State will be unable
to enforce the provisions against the
‘inter-insurers—who also agree as to
rates—because there will be no way
for the State to reach these concerns.
And the very interests that are clam
oring for drastic laws against the
Jegitimate stock companies will turn
and demand other legislation, after
the first big losses are sustained by
the so-called mutuals.
“The State is hard-pressed for rev
enue. Insurance companies, the aw
ful ‘trust,’ if you pleass, are contribu
ing almost half a million dollars to
the State treasury and a large sum
to every municipality in the State.”
Insurance Is Called
.
An Aid to Diaest*‘n
A calf reared on the milk of a {cow
of strong, hearty stock, will have a
great deal more vitality than a calt
fed on the milk of a cow in indiffer
ent condition, or one fed on over-rich
milk. The right kind of food and the
power to assimilate it are the sources
of a man’s working energy. Without
working energy, he will not get far in
business in this day and age.
It is economy to maintain one's
vitality at flood tide. Avoid poor
food or over rich food. The first means
lack of pep; the second, indigestion,
biliousness and grouchiness. Fut
sanely, sleep enough, and take some
recreation.
Don’'t neglect your insurance. In
surance helps a man to digest his
food because it relieveg him of anxiety
and worry. It pays to be protected,
Learn the art of self-poise. The man
who lets impatience, irritation or
hasty conclusions posgsess him, poisons
his system and is rarely able to make
a calm, far-sighted decision. Keep
cool! Self-control is often as valu
able an asset as money in the bank.
Conflict Gives Britain
e .
Grip on Diamond Supply
BOSTON, Aug. 30.—Through the
operation of the world war England
has become heir to the world supply
of diamonds in the rough., Because of
the policy adopted by the English or
ganization known as the London Syn
dicate, controlling the diamond out
put, the price of the precious stone
}will go still higher and probably will
never return to the level obtaining on
the American market today.