The Daily Tribune (Bay City, Tex.), Ed. 1 Wednesday, September 13, 1916 Page: 1 of 4
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THE FIRST DOLLAR
some wise num has said.
counts most
FIRST STATE BANK
GUARANTY FUND BANK
Our large fire-proof vaults free to the use of customers
Many an account has been started:
ninny a Hanking connection lias been
made from a Dollar Deposit, that has
opened the way to business success
and independence.
Wo desire to serve yon and aid you in
habits of thrift, and every account
will receive, accordingly, our faithful
protection and painstaking attention.
J. P. Keller & Co.
PHONE 122
INSURANCE
Tribune imprint on your stationery
m ans a guarantee that you have th*
very nest.
Make a practice of reading Tribune
advertisements You can save money
ihls wav easier than In any other.
THE HOPE OF THE
NEW ORLEANS BANKER
ill
the
rough
AND FINANCIAL LEADER
INDUSTRY LIES IN
IALKS ON RICE CONDIEION
(
DOMESTIC EXPANSION
or
t.
A
I
and faeflltali
■
ad
th,
I have f-dt
among
<L Start a toanK account with us today
Fir^t National Bank
po rt a t ion
sum
< xistH
hag
rncanw
I a
never been
I a
wHh
New Prices August 1, 1916
moan
on
I has?is
S325.CO
Runabout .
345.00
3€0 CO
505.00
o
595.00
Mr
aid of
Sedan
surplus
645.00
Thia
f
I lotroit
any
Aug
Wf
KAY (II V AUTO AND SALES CO.
w
*H*r <•*
Touiirg (ai
Coupe.-el
movement
first
Tribune
that he
([Our banh is a monument to th©
thrifty peoples of this community It
is tin- buiplar proof vault of our
judicious depositors who have con
traded the valuable habit of saving
guaranteed against
no guarantee
a
ELr\joy that
th Her nor miller, much
max think differently.
rice for more than
out of rice, tut
as the planter
good price tor
WilU |
reiving
product
We a
movement
bank.1'
alvv .it-s
of the
the
with
i ively
t. 1917. but there
i price at any time.
our
still
S of thi
as F.ucli.
soil
■ontrol
adv ice
being
I wo will be In
iggreH-
which
place
United
the
iosslble benefit lo
For ibis
The
doirr f
rice industry 1
Ing
|[ Money tn the bank produces
feeling of prosperity
pleasure
> I
be ex ported to
onr behalf if |
Mg
irib^
Our
■ \\ 11111
of the
varied rice
every rice
on each
i certain
*
any inonet
such t|nirs
<1. This building ts a monument to the
thrifty Scots Through its portals
pass the millions of savings of a
contented people, to be returned to
them at a time when these savings
are needed
THE UNIVERSAL CA!<
id
Li
I H.
. and
I leant..
To encourage
movement of the early Cl
I* . 'i; markets. the bank of
’ Dinkins is the iictiv. In .id
[vised New Orleans buyers that
, bunk stands ready to finance them
towards ihia
said Mr
interested
rice industry
[ heretofore taken an active
financing of Imi
than
1
<[ We want those who are not num-
bered among our small army of de
positors to enlist under the savings
banner and let their money grow
with us
will be
for his
week lb says "Please sav tn both
Daily and Weekly Tribune that I will
not bo able to carry out my plans this
k about the farmers’ auto excur-
sion. Hope to do so next, week.”
I hat
should he -ent out of the country lo
foreign markets as fast is received
by the buyers, is the belief of it '.
Dinkins of the Interstate 1 nut
Banking I'ompaui of New Dr
■ !■ '"M :
• ‘ $L" ui’ 'T..;'|r CJOiAbiS.
F T irj”
~ L The Bank of Scotland.
ways in
('real may be palatabh prepared
have talked am!
—and ended by
to widen
producer.
Goodwin Sterne of Matagorda
passed through the city today on bis
way to Corpus Christi lo visit tl*e sol-
dier hoys In their new camp.
--a—o-----
Prof persons writes The
from Houston to the effect
unable to carry out hls plans
farmers' auto excursion this
He says
successfully
compete in foreign markets with the
cheap labor of Japan and India, nor
■ can we hope permanently to hold our |
i present prestige in the markets of
Central and South Xmeilea We must I
| create a market at home, and to do ,
[ this we must inagurate a campaign I
i <>f advertising such ns has i
| dreamed of In the exploitation of rice. >
"We can talk tariff until we are
smews
black in the fact, and until we have
! secured an increased tariff, but if we !
fail tn properly and extensively ad-j
| vertiso our products, we shall lie not
! belter off for our pains
“Last year our export
from August first to January I
amounted to 1.07S.AOO bags This
duced onr total supply to loss thau
four pounds per capita for domestic
I consumption, showing that instead of
I increasing, the consumption of rice is
actually decreasing In this country.
Nothing but our large exports of 1.-
[ U22.OOO pockets to Porto Rico saved
i the American market last year.
I ' If we continue to increase onr i
! .icrcnKe and consequently our produc-
( tinn. wo must find an outlet for the
This outlet cannot be profit-
; ablv sought abroad. We must create
a demand for it at home
“Producers, millers and dealers are
alike interested in a good market
I price for rice. No one makes any [
i oiarain of profit on cheap rice, neither
as the planter
As a dealer In
twenty years. I
I ran say positively that the only time
[Hat I or any other denier has made
i By ('ha# K. Cormier. i
"There is but one salvation for the
ri< e imlustrx in America.” says (’has
bl Cormier, head of the (’has. r. Cor-
mier Rice Companv. exclusive nee
dealers of New Orleans, ‘ and that lies
in an expansion of the domestic con
sumption of rice.
"To my mind, there is but one thing
which can bring* about this desired
expansion in the domestic use of rice,
and that is an extensive campaign of
advertising carried out along such
lines of magnitude as will attract the
attention of every householder of the
Cnited States and draw attention to
the superior food value of rice and
demonsrate the main ways in which
this
In the past we
wrangled and resolved
doing nothing save to widen the
breech between the producer. the
miller and the dealer, while the con- I
sinner has been left to his own devices <
to use onr product or to let it alone,
and for the most part the consumer I
has oleced to let it alone.
“When the rice grower learns that
the millers and dealers are not all I
’pirates" and "robbers'’ and the mill- I
ers and dealers learn that the pro- |
ducors are not all ignorant and I
grasping "clod hoppers." and we all I
•■et together in one universal cam- ’ .
paign to boost the rice industry, we!
may hope to accomplish something of |
real value to the rice Industry But |
we must look to the American market I
for expanded business.
"Wp cannot hope to
d.
Dinkin
in tin1
has
part I
s of this crop
the dealers in other
crops \\ < ha\e recognized
one of the staph* commoditie:
' section and have treated It
but we have not spisialized ii
i < ereal to the exclusion of other
I products
Ihls season, howeii'i-. I have r-'ii
that in view of the report<*<1 increase
in acreage and yield reports which I
ix'lieve are in fact largely exauger
ated. that something unusual ought to
I be done to sustain the market and
I afford the greatest j
j the rice interests
j I went to our customer
i ri< v deah'rs early
therefore, ate interested in
anx movement which will stimulate
tin demand for rice and thereby stlm
ulate the price An active campaign
oi advertising is the <>nly thing in my
mind which will do this
"We should all work together, plan
ton tin r and pull together to this end
I believe that Uu should spend from
a Quarter to a half million dollars in
advertising rice the first year, and
continue Spending at least $150,000 or
$ 'Mi.BOO per \eai aftci that for the
next fixe vens If \x e would do that.
I venture the assertion that at the end |
of five xears \ve would << <• the domes-
tic consumption of rice doubled That
would mean that we could double
pre'ent annual product ion and
command the same prices which
vailed last year
1’nited States government is
.erything possible to aid the
issuing bulletins cull
ittrntion to the cereal as a cheap
and wholesome article nf diet, but th,
government cannot be expected to do .
everyhing. nor can it be expected to
continue its efforts in
w< fail to aid ourselves
We must eiiltivatA' the home mar
ket and we should bpgin at once
Every producer, however small, evu rx
miller and everx rice dealer should
join in the movement for an
slve campaign <»f advortisiiie
shall place rice in its prope
’among the food artices of the
States.
“To equalize the cost of tin1 cam
i among the varied rice Interests
j I would assess everx rice producer a
certain sum on each hag sold, each
rice miller a certain um on every
bag milled, and each rice dealer a I
certain sum on everx hag handled
through his agency In this wax ov-
erv’ interest would he taxed equitably
for it' shari in the camp.imn of ad
vertlRing which nnans so much for
us all.
“As to the • xacl method to he pur
sued in such a campaign. I am not In-
formed nor am I particular That is
i problem for the advertising man-
agers to W'ork out. The thing for the
i rice interests to do is to supply the
of war for the advertising
managers to applx to best advantage
in exploiting onr products I have
talked with rice men in all lines of
the industry, with producers, milh r
and dealers, and all avree that an ad-
vertising campaign is the prop«r
thing, yet we hesitate to take tie in-
itiative steps.
"With this iinaniniltx of sentiment
among the rice Interests, if seems to
me that the thinu to do now is to start
the ball rolling, subscribe and collect
a fund for advertising purposes and
got into the advertising game in ear
nest."
I Ik- lolhwinp pri<<•*. f< i I <.r<1 < ■< u will be
effectivi <>n and allti Auetal Ll 1916
offerings at once,
max nu'iin sacrifice in prl< <•
outset, but It Will stabilize tile
market and will
the rice industry
"This i xport liiisim- should
pushed at once. too. while the
condition^ make the handling of for-
eign rices somewhat uncertain, for
when flu conditions become such that
bottoms are easily obtainable for for- ,
<‘ign rice, we cannot hope to go Into
the foreign market and compet,- with
Japan and India on terms favorahh-
fo tin' American rlcts
"Wheat i advarieiiii’ at uni
strides, which means that bread mu t
advance in common with wheal
should have a tendency to advance
and strengthen the rie« market, for
nothing can lu'tter be made to uh
stlfute for wheat than rice. If
w ill get rid of the ( irlx crop, do iiway '
with the et x of a surplus crop, which |
•whether it actually exists or not. Is
ir cd tn hear the rh e market,
a position when the hulk '
of the crop cnm»* in to demand and
rice dealers rarly in the season
an offer to finance them In a i
I ment looking to an earlv
nf the first offerings
\t the present time then
a mod demand for our rl< <• in the
markets of Porto Hiro. Guatemala
and probably In othei (’enlr.il and
South American countries I hellov
that we should meet this demand •
turning at least I.OOO.OOn ba ts <>f in.-
loose at once for <*
kets That would
possible surplus, which
doubt exists, and In case
real surplus, it would do awa\
the possibility of a bearish u
when the bulk of the crop come
“Wlille of course we cannot <
the action of rice dealers, my
to them Is and has been to turn loose
the earlx offerings at once Phis
t the
lator
prove of benefit to
as a whole later on
business should h<
too. while
7
First Showing of Fall Goods
4
it
AT MOORE
& REYNOLDS
New Silks, Crepe Dechine,
Poplin.
They
are
a
Crepe Dechine Silks and Net Waists.
The Best Ever Shown Here.
||)’V<
they
Some Splendid Bargains to Close in Summer Goods
Jr
MOORE &
REYNOLDS
rtf v
J
ml
take
The Particular Store for Particular People
good assortment of
Serges,
shows an Intrllfsent
tin- lire inrl.iHtrv and
Interest in its pros-
po«itlon taken by hls
ice dealers this season
beyond their previous
indicative of the tend-
v of the New firleans financiers
turn their attention more and
more largely to operations In this
Industry, which Is now recognized as
one of the greatest nnd one of the
most promlsfnn of the agricultural
Industries of the State and the South.
xa<t.
hlch
i more favorable price, a price
in my opinion should steadily
• with the season, alvlng the
lnt"i- market a strong and active tone
which will benefit, the producer, the
mill, i and Hie d'-.ilei in both rough
nnd cb .in, but I believe that the most.
iav to accomplish this result
rid of the early offerings,
it lots to be done at some
of profits.
Rico is considered by the bankers
ind financiers of New Orleans as a
staple and safe commodity for Invest-
. ment and a ,ood collateral for loans.
; lie view jt in the same licht as cotinn
| or ugar and aim to give the rice In-
i the benefit of the same terms
he -ante concessions that we
to other interests.
If the tice interests will unite to
rid of tlie luitiy offerings. I be-
that they will benefit by the
a i'd pri'-e on later market quo*
is and they will find the bunking
ts of New Orleans ready to
them to the limit of safetv In this
Flaking.”
Dinkin
>
A
Look Ahead
Hie cause of fail-
Shortsightedni1
He who looks ahead and
Ulilli:
Fcordingly
man
FORESIGHT nnd tin
ability to sa
tlie making
’ tlie
In
sure
of
success
In OTR BANK
Put
money
4 Per Cent Interest Paid on Time Deposits
J
Bay City Bank & I ru& Co
• lie Guarantv Fund Bank
pty?' 7 ~>/
ILi’Yi
LiflT
BAY <1I Y. 1I X (s. II I |»\I s|> ||
M MIHH 2<i«.
lull Ml
XI
M 1'1 I MUI It 1:1. HI Id.
FIVK (’LX IS
THE COPY.
A
y
I
WHEN ITS
The Daily Tribune
It
ENO. I. PRICE IBR. CO.
INO. I. PRICE ERR. CO.
Caa*M lacks
High Grade Paints
Floor Paint*
Floor Varnlahea
PAINT BRUSHES
Lumber, Shingles,
Fencing, Posts,
Sash and Door
We’ve got
a«eM<M»a re tiaaoi
— I — — ....
■■■■■■■■■•a
MM
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A
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Smith, Carey. The Daily Tribune (Bay City, Tex.), Ed. 1 Wednesday, September 13, 1916, newspaper, September 13, 1916; Bay City, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1332739/m1/1/: accessed June 28, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Matagorda County Museum & Bay City Public Library.