The Houston Post. (Houston, Tex.), Vol. 33, No. 173, Ed. 1 Monday, September 24, 1917 Page: 3 of 12
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LL...i UaDllQFC
RCGI5IMTI01I FEES
Grocers atndFoddiBroiiS
feto
f 'S" ' IV- B i
Ad-
smissioa
ced first AHotacuL "-
Hoover PlaAs to Have Thtn Eliiiuiiate Speculation
" ana I o?io cusmess ' upon a moaest . rvciurii
.ar V - V: V. fa .ST . -a"- jS
Have Prof its Limited
. ?'. amswSBaasBasma:V; i Z'-'' '" '' "; "
OneIilf of Fees Colleotei by State
.Prom liototf Vehicle licenses';
. Goes to Counties for - V
-r ; H.n Post SHtvL)
AU8TTN Texas. 8spL'$-t-Tba SUM
1 t
Y
highway commission Saturday announced
allotment Nov of registration. fees C
motor vehicle to tfa various counties tha
aggregate being 34.2.1$.$5 Cndertba
. law one-half of the- grow collection ot
- registration tee irom a motor vehicle
are to b remitted to he treMurer o the
counties from which "such collection are
1 ' reoelved. These remittances are to coa-
i stltute apeelal funds to be expended under
direction of the commissioners oourta in
" tha maintenance of public roads in ac-
coroanoe witn plans approved oy io dimio
highway commission.
The big
le-hwav mmmMnii ha sent the
following communication to. the county
treasure 01 each county receiving an au-
J lotment: t . ' ' . S"
t ADORE8SEO COMMUNICATION .
TO COUNTY TREASURERS.
4 K; iDear. Stf: It la provided In section
; 2 J. chapter 1M of the. act of the thirty
fifth legislature stnowri"as the highway
. " act In part as foUows: ' v
. v "That aemiannually. on the first day
of 'September and March respectively
' v beginning with September i W17. one-
V - half of the groaa .collections of regis tra-
i tton fees from alt motor vehiclea and
- motorcycles received from the several
counties or tne iaie oy me aiaie nign-
'i way department aa provided in this act
V" Shall he remitted to the county treasurer
In the counties from which such cbileo-
"'' tlons were respectively made; and pro-
' ' Vided further that such allotment of reg-
istration feea to the counties shall con-
t - suture a special fund to be expended by
or under the direction of the commission-
ers court of the respective counties in the
' maintenance of. the public roads of-such
S counties in accordance with plana ap-
- proved by the State highway depart-
gnent." '
v'" -. In accordance with the provision the
State highway ' department la thla day
- sending you a warrant issued by the 8tate
i romntralW In the suen oft which
.' covers the allotment to couhty for
1 one-half of the gratis collections 01 regis
tration lees from said county oy uus
department up to the close of our books
on tha first dav of September. 1917.
We especially call yeur attention to the
- very Important provision of the act quoted
above that this allotment shall constitute
a special fund to be expended-by or under
the direction of the commissioners court
In the maintenance of the pubUo roads in
your county in accordance with plans ap-
proved by the State highway department.
The State highway department has ap-
proved the plan that all moneys coming
to the counties in these allotments from
registration fees shall be expended by
such counties upon the maintenance (1)
f highways designated by thla depart-
. tnent as State highways and (2) ubon
other first class roads in the countv that
may be designated by the commissioners
court as sucn.
We desire to Impress upon you the Im
portance of honoring; warrants out of this
fund only for maintenance purposes upon
roads such as we have above set forth.
You will understand that the funds you
have received are necessarily lower than
our calculations because of the fact that
"we had to close our books on September
1 as provided by law but the next re-
mittance to you on March X. will be
correspondingly increased and will be for
the year 191 s.
We will be glad to have you promptly
acknowledge receipt of this warrant. Very
trvly . State Highway Department.
Allotment made
(por each county.
v Allotment No. 1 registration ot motor reside
to conn ties to September 1 1817 was given out
as followi :
Anderson .... $1823 60 Karnes
Andrew ...... 84 36 Kaufman
Angelina .... CIS J Kendall
Aransas 163 M Kent . . .
Archer HM 34 Kerr . . .
Armstrong ... 72S 70 Kimble
1.3.VS 26
2.S3S 111
77 t
!8
625 33
00 W
107 02
Atascosa .... o -Klni
Austlu 1.31.'; Ojt Kinney
Bailer
73 Ktt k- ihfr
442 K
XUndera
VsMtrop
Bajkar
Bee
Bell
Bexar
Blanco
Borden
Bosque ......
Bowie ......
Brasorla ....
Braaos
Brewster ....
Briscoe
Brooks
Brown
Burleson
Burnet ......
Caldwell ....
Calhoun
IJallahaa ....
Cameron . ... .
Cane .......
Carson
Cass
Castro
Caanbers ....
Cherokee ....
Childress ...
Clay
Corbran
Coke
Coleman
Collin
Colllnasworth
CoMvdo
Coifal
CoAmQcbe . . .
Oonclio
Corke
8 well ......
Ottle
Crane
T4 11Kmi
Ml 4JJ L.t
1.140 Wul
(48 J.i Laninasas .
J.170 HOiM San .-.
15.RS3 i3lJT(K. ....
213 77 L.
lOSWon
t.SOl 22 Liberty ....
l.:i 7eumestnne .
1.301 12Uosconib ..
WW 00r.le Oak ..
62M HOusno
- 371 aOUiYlnr ....
155 tMLubboik ...
I.140 70iOUn
45 U Madison . . .
709 54 Marlon
2.3.11 10 Mann ....
3i 4 Mason
24 :3 Matnronla .
1.403 14MaTerlrk ..
400 17 MrCulkwh .
7Htl 3J MrTlennan .
727 01 UrMullen . .
:l.-i NOMedlns
3l 13Menanl ....
1.5211 32Jlldland ...
1.07H 38 Milam
1.483 K8 Mill
5 77 Mltrhell . . .
3tT 07 Montague . .
2.3411 IS llonlnnuri
. 1.144 95
. 8.413 04
v 229 41
2T. 01
103 60
30
5S1 01
t40 36
473 15
. 2.140 05
5H5 54
191 tin
043 04
io :w
1.420 (HI
. 423 20
101 18
1H4 75
599 OR
1.017 2h
32:1 30
. 1.373 ne
. S.WCl H2
on 84
1.531 5H
421 6T
443 47
. 2.115 SO
33 43
90S 72
1.245 50
44T 14
4.51S 92 Moore ....... 127 S3
S41 T3 Mnrrl. H
l.:W OH Motley 35R 5:1
1.4:10 70aroziloches . 823 40
1.374 53 Xsvsrn 4.44S 47
OS-'l OAXewtnn
3)10 1
1.S82 OS Nolan
1. WSa 12Ni:e.ts
K14 Ochiltree
1 92 0lilham ......
403 WOrsnte
717 47lalo Pinto...
134 09 Panola
519 74 Parker
23.532 3S Parmer
550 05 I'ecos 1
B32 07 polk A
1.331 07 Porter '
.3.124 H2Preldio
2. WI7 4K RsIiin
078 OOltanileli
449 92 Real
U37 X6Keaxan
104 5Ked Klaer ...
1.3M 91 Reeres
" 199 0 Refueto
411 95Roherta
7.118 34 Robertson ...
8.965 04 Rockwell
1.691 13 Runnel.
2.375 50 Rusk
2.HI74 448blne
1.992 IflSsn AuinistlBe.
1.120 lftftsn Jscinto..
03 248n Pstrlrio. .
741 43Hsn 8sks
Ml S5.srbleicher ...
230 eftHrurrr
1.029 8Usekelford ..
279 OlSlielbv
105 45 Sherman
5.121 028mltb
464 10 Somervell ...
1.199 23Rtsrr
123 B2 Htenhen. ....
W Sterling
2.133 95 Stonewall ....
1.0fl0'44 tuttn
4.811 )48wlsher
63H00rarant .....
820'jw tEaJor
1.751 68 terry
1.471 76 ThVockmorton
863 3H Tims
288 5ft Torn Sreen...
1.178 67Trsrfs
1.191 fl Trinity
15.(0 80 Tvler
1.432 al'nhuf
. 130 eahpton . .
981 04 Ursine .......
1.43 2Val Verde ...
571 25 Van andt...
704 68 Victoria
1.637 28 Walker
4.S86 73 Waller
2 HOWard
878 05 Washington ..
1.688 76 Webb Ti
7M S7 Wharton
. 908 RStVheeler .....
. M SJWIcWta
8.540 80 Wilbarger. ...
218 04 Willacy .. v.
. 304 81 Williamson .
1.051 24 Wilson
. 822 67 Winkler
1.293 80
1.531 93
341 8!
159 59
808 18
Crockett
Croabr
1.774 90
Culliersoa
400 H4
1.688 83
188 68
550 16
82 03
2.1A9 74
1 23
194 22
lallm
. Dallas
Iawsoe
v. . Deaf Smith..
Delta .......
Kenton ......
4le Witt
Dtekens .....
. IHnmltt
' . . Donley ......
DqtsI .......
RastlaM ....
Ketor
Kdwards
Kill.
. P.I Paso .....
-' . Krsto .......
Palls
Fannin
Payette .....
Ptstaer..
Ployd '
" Koard
'ort Bend ...
Franklin ....
" Praestoae"....
Krlo
Oalnes
' (ialreates ...
Osrsa
' Ulllesple
v Otaseoock ...
Hllad
. ' nonsalei' ....
JrT
Oraysoa
Orwrr
tJrlmes
(laadalape ...
644 41
127 65
86 60
1.54H 11
408 86
819.1T
344 25
780 4
929 94
1.886 24
1S2 40
538 00
134 74
185 24
847 99
842 01
274 06
456 27
284 85
475 58
Wis 00
2.070 08
123 08
123 25
610 06
802 15
375 78
882 08
738 119
12.971 99
2.086 29
166 17
rule ........
lsll
Hamlltoa ....
Hansford ....
Ilanleman ...
Hardla ......
Harris
Harrison
Hartley
807 fj
450 42
143 74
2.903 19
6.747 55
417 22
177 16
053 23
40 27
1.088 81
1.308 87
Haskell
Hare ........
HemnMII ....
Henderson . . .
Hidalgo
Iflll .
Hockley
Hood .:.
v Hopkins
Ilonston
. Howard .....
Hudspeth ....
Wnnt
Hntcblson ...
Irion
racksea
lasner .......
leff Deris
lelfersen ....
! Jim Honf...
1.378 78
820 40
867 56
(138 49
283 TR
1.355 81
824 27
1.417 22
537 84
B.0O5 42
2.402 23
a
230
22
92
B.668 70
1.230 53
22 50
luwise
S24 16 Weed
914 47
.91 WJoaknm
817 02 Tooni .
86
a
lim Wells ..
Johnson .....
lease
S4ZaMta......4
. i ft
I.B83 82ZaTala
ZDS 21
d AtUck ot Disrrfioes Cured.
"About two years ago' I bad aa atlaUi
dltlon when I began using Chamhewlaln s
-. P61'' n- Srrh??Jl.l2'diI "rites Mrs
i J. .Rogan Falrport N. T. 'This medicine
" - . relieved me at once and after taking three
or four doses of It 1 was oureov; Feople
; are. always pleased by the prompt -cures
which this remedy effects. " The recom-
jiavedone much to make it the most
popular medicine In use for bowel coui-
DialntawAdvortlaement .' v
A.-O.'HoweA Cp. of Houston have
Lgiv'on out. for' publication the following
important letter recently received' by
them from T. C. Letts oft Cleveland O.
ens of; the largest . wholesale grocers In
the Middle West: ' ' v ' ;
Herbert ' Hoover ; head of the food
commission was on the. same train from
Chicago to Washington oo. Bunday. He
had with him one of the' heads of the de-
partment. Mr. Beq.ua. He . Invited us
into his stateroom and we had about two
hours'" interview with him.
"On arriving in Washington Monday
morhlhg we immediately met with Theo-
dore Whitmarsh who vaa you all know
to president of the National Wholesale
Grocers' association and Is next to Mr.
tabover as 'far as the handling of; gro
ceries is concern ea.
"We met an day Monday. Mr. Whlt-
marsh ahd other heads of Hoover's com-
mission and Monday night we met Her-
bert Hoover and all the heads of his com-
missionabout a dosen (gentlemen and
we were in session continuously until H
o'clock Monday anight. We again met
With them Tuesday morning and we were
in session continuously until we left to
catch our train yesterday afternoon. It
would be Impossible for me In a letter to
tell you everything that was slid and
oone so that I can only give you a sum-
mary and that summed up. Is:
"While Mr. Hoover and his commission
are going to recognize the wholesale gro-
cer as a legitimate distributor at the
swne umo uiey are ueierminea hum. ow -
lain things shall be handled on very close
narclna of nraflta from the nroducer to
margins ot profits from the producer to
tne ultimate consumer. iney are or-
ganism gall along the line. They are
trying to find out legitimate- costs ex-
pense accounts and selling prices that
will allow all to make a living and per-
haps interest on their money but they
are fully determined' that so-called specu-
lation shall be entirely eliminated.
"A false Impression has gained ground
that this commission in Washington is
about to announce that the wholesale
grocers "work on a basis of 12 1-2 per cent
profit on certain items and basic prices
on certain other items. The commission
in Washington does not want. to positive-
ly say on what basis stuff shall be sold.
They do want to put the wholesale gro-
cers of the country on their honor. They
want no speculation and they want them
to sell merchandise on as low a basis as
possible so as to get fair returns on cap-
ital Invested. They have not fully ' de-
cided as they are threshing.around to try
to find the best method to handle affairs.
WHOLESALERS' PROFITS
TO BE LIMITED.
"By investigation they find that certain
commodities based on a .stable market
have been'eold on close margin of profit
and they do not expect the wholesale
grpcer to get more than ordinary profits
based) on a stable market. They have also
discovered that taking the country over
It costs the wholesale grocer about 10
per cent to do business and they have
figured out that 2 1-2 per cent profit
over and above the expense will com-
pensate and will take care of the whole-
sale grocer and allow him to pay his
dividends.
"They have about decided to license
all lines of business and put everyone
upon their honor. A broker will be li-
censed as a broker hot as a handler of
merchandise; and if it is discovered after
he Is licensed that he is buying gooda
and holding them for speculation his
license will be taken from him and he
will be out of business. The wholesale
grocer will be licensed. There will be
traveling auditors representing this com-
mission and the government who will
drop In upon wholesale grocers from time
to time; and if they find that he la spec-
ulating or hoarding or is getting an ille-
f ltlmate profit his license will be taken
re mhlm and he will be considered an
outcast and .will be 'down and out.'
"Mr. Hoover believes that So per cent
of the trade as he puts it are 'square;'
the other 6 per cent are scavengers and
wlH soon be found out.
"There are certain staples that they
have in mind that they wish to thorough-
ly control. The first of course is sugar;
and while they are not going to say to the
wholesale wooer 'You must sell sugar
based on a certain profit' if he does not
mske to exceed say 20 cents a hundred
It would be considered fair. If he does
not make to exceed SO cents a barrel on
flour It would be' considered) fair. And
when It cpmes to canned salmon stand-
ard corn standard tomatoes oat meal
and a few other staples that they are
going to select. If he doesn't sell at over
12 1-2 per cent over his cost price or in
other words if he doea't sell to- exceed
12 1-2 per cent profit over and above the
average cost of doing business he will
be considered fair.
ALL DEALERS ON FOODS
TO BE LICENSED.
"Of course all their plana are tentative
and they 'are subject to changes. They
are groping In the dark so to speak and
gathering all the Information they can
but I believe that when their Instructions
do come out they will be along the lines
I have outlined.
"First you will be licensed; then you
will be placed upon your honor. You will
be called upon from time to time to make
affidavit that you have not speculated
and that you have not hoarded that you
have not bought beyond your require-
ments and that you have not sold any-
thing at an excessive profit. Excessive
profit will be based very largely -along
the lines that I have outlined heretofore
lh this letter.
"It is going to upset during the perlodj
uis tu mi uusiness iraaitions. just-
ness traditions haveVlways been demand
and supply and the market advanced or
declined based on demand and supply.
But it will not be so .in the future or
during the period of the war.
"There are going to be .(many compli-
cated questions. It will naturally make
different prices by different jobbers. We
put a hypothetical case tev them : . Sup-
because somebody might have oatmeal on
25 a barrel. We would be supposed to
sell that oatmeal as long as It lasted at
not over I5.S5 a barrel even though the
market advances to You can readily
see how this Is going to mix up things.
?c'Ju"e. omebudy might have oatweal on
hand at $5 while another Is compelled to
buy at 6. It would mean that the fel-
low with the cheap oats consider a legit-
lnV5iS.Drotlt' namely lli-j per cent.
'This gtots It down to what our com-
mittee wanteda base to work on. They
pointed' out the fact that the wholesale
grocer should not need to carry such
stocks Of merchandise as the had In the
past arid Mr. Whltmarsh. speaking as a
wholesale grocer said that he was Issu-
ing Instructions to his -concern to buy
everything on a hand-to-mouth ltasis.
There is no question about it butwhat
the speculative interest taken out of the
whole proposition -the tendency of all lines
that we are;uarrylnir will be to go tower.
So to my mind with hw thini. ..rin.
us In the face. It is golni to revolution-
ise the wholesale grocery business durlna-
Rrlod .Lth wr and It Is a very
foolish man that -contracts or buys ahead.
dealers; scans
are in line.. .
A Take It on the great staple beans.
They have had the bean growers and the
bean dealers ln New York Michigan. Cal-
ifornia and other mates before them and
the bean handlers taave agreed that it
costs them per cent to do business; that
SfF w!U B?tiL"n Peulator; they
will cut out the speculator entirely artd
they will sell only to legitimate handlers
and eanners at 8 per cent profit added r
'1 """ wortl A1"1 nt over and
above their cost -Irom the grower. This
you can sea at a glanca win stabilise the
bean Industry for we win say that-beans
are agre4Kl to be sold to the handler at
1 "V-
S a busheL This. wouM meaa-that they
uiM ha anlA kr. t4i lesritlmavte handler at
about U.te a-ebeshd alt speculation cut
out aha speculators not sold l r. ' ;
"The commission's '.Idea Isto stabilise
all the Different lines.- They .have had the
milk eanners- before them and they' fig-
ured out what it costs to can and they
are arranging that the milk eanner shall
sell his milk to legitimate handlers based
on a certain profit and tbenwhea ill
comes into the hands Of the Jobber the
jobber as above stated must .be placed
upon his h6nor and if he sells the milk at
not over 3b cents a case profit he will be
considered fair Ot course the cost to the
eanner. may oe advanced or lowered
owing to advanced or lowered price of
cans or of mUk and It it costs more per
can -than originally estimated the ean-
ner will be allowed to make an advance
in accordance with' the change in cost.
But it will avail you nothing even thou&Yt
you feel that milk is golnjr to advance to
go in and buy in a targe way because you
will be compelled to . show your invoice
showing ewhat your milk cost and that
you -are maintaining: only -the legitimate
selling price bused oh your cost not on
the markat
SUGAR. "
"This great staple commanded the first
attention of the commission. -It had been
published In the newspapers what the
beet people proposed to da They reduced
their price to 7J6 New.. York bails to
take effect October 1.
"In talking "to some of the sugar men
and we met quite a good many in Wash-
ingtonsome of them were for reducing
the price to take effect immediately.
When- they laid the matter before the
eommlulon the showed that jobbers
were compelled to buy from -80 to 60
days ahead and that the jobbers bad quite
a quantity of sugar enough to run them
until say the nrsi or uciooer. i ne: pnee
i 7 New York basis.
)". .hTmpnt before October Y as
' waa. ". dPme.nt8??'0.io0er. .r' "
the Dee l rennenee nave awiu-uieir August
and September shipments. They felt the
market would not change but it is the
same old story. Just as soon as the
people learn that there is going to be a
cheapening iluter on the leveling procea
begins at once.-' "
TO CUT THE
COST OF SUGAR. 1 "
"The New York refiners practically
promised the commission that they would
cease buying raw sugar from Cuba. This
was done of course by the commission
with the thought that it would lower the
price in Cuba in time to a basis of the
new beet price; and already one or two
of the Eastern refineries have closed
down.
"Mr. - Rolph who Is head of the sugar
commission ana as is Known to you au
the head of the California and Hawaiian
refinery stated In the presence of all of
us oeiore Mr. Hoover tnat it would cost
his California refinery 21500000 as they
had contracted their September and Octo-
ber shipments of raw from Havana at
17.40 basis. He did not expect to sell
very many sugars until after Octoi?er 1
and then would be compelled to meet the
basis as agreed upon and while he was
this amount of money he felt It waa
loyal to the govern m.t now that we are
at war. They all assured ui that we
would have until sav October 10 to unload
our sugars based on cost if the new price
did not take effect until October I arid
shipments that were made after October 1
would not reach their destination until
October 10 or 15 and until that time
we would have the privilege of selling
our sugars Mtsed on cost.
I. "After we commence to receive sugars
on tne lower cost we would be expected
to sell based on the lower price. But 1
pointed out to them that jobbers become
nervous- and they would commence to
unload. -The refineries who had raw sugars
bought at a higher price would try to
beat the other fellow to it and the market
would commence to soften and would
catch us all for a loss. They hardly
thought so. They sympathised with us:
sorry that we would be compelled to take
a loss out at tne same time tney. pointed
out it was for the good of the cause.
"Now no one can tell just what effect
it is going to have on the price btit I
ran not help but feel that It is going to
continue to soften the price and by the
time we have reached October 1st the
market will have slumped off so that the
slack is taken up. I would not be sur-
prised to see a shortage of sugars for
actual consumption from say September
20. until the 10th or 16th of October be-
cause Jobbers are going- to stop buying.
They are going to try to get out from
under their stocks. If we should happen
to have a good big September business
there will be. It is pointed out a short-
age for actual consumption. But the
sugar commission point out that there is
a large Invisible supply. As Mr. Rolph
told me he knew of men who had bought
five and 10 barrel lots of sugar and
When they find that .sugars were tjoing
to be cheaper they would turn' a quan-
tity of this sugar back to the retailer for
resale. I would not be surprised' but
what he was right and if there Is an im-
mense amount of this Invisible supply. -aa
Mr. Rolph seems to feel there Is. rt
may 4111 the gap until the lower priced
sugsrs commence to come in in early
October.
THERE MUST BE
COOLNESS.
"8o It is a guessing game t feel
that the wholesale grocers of the country
must keep cool and riot become excited.
It is something that we have never been
up against before and which we prob-
ably will never be called to go up against
again. Ne wholesale grocer Is to be
blamed for . having sugars bought at
the higher prices. In fact they were
compelled to buy them or be out oftJ
sugars. They followed business judgment
in contracting and buying ahead Then
this commission came in and in trying
to serve the government we may be
called upon to take some of the bitter
with the sweet.
' "The refineries are not going to ex-
pect any business during September.
They simply expect that sugars they are
selling will be placed in consumption so
that when the new prices take effect
thef will come on a bare market. If
the market should become bare of sugar
during September - you can readily sea
that in early October there is going to
be a shortage for actual consumption.
It all depends upon- how large the in-
visible supply of sugar Is. But aa above
stated supposing with the non-salo of
sugars by the refineries the invisiblo
supply is used up during September there
will be a big scramble in placing orders
with refineries for shipment about Oc-
tober 1. The refineries will become bad-
ly oversold and many Jobbers will be
without supplies.
"I asked tne question 'will we be at
liberty to sell sugars based on our high
cost at a figure that wilt justify us -and
that will not lose us too much moneyf
and I was assured that we would not
be deemed guilty even though we- did
get considerably higher for the sugars
we own than the new price even after
October 1. We will only be checked up
en the sale of sugars that we buy after
October 1: so that those of as who might
not dispose of our sugars before Oc-
tober 1 ma have a chance to supply
the demand after October 1 or until the
cheaper sugars come In. - .
"The only thing I am afraid of Is that
Jobbers will become panic-stricken and
they will commence to cut ana slash to
get out from under but to my mind thlfe
would be a very very foolish proposition
because Jobbers must realise that any
price that they sell at a competitor will
meet. One of the- Chicago Jobbers who
was with our committee wired his house
from Washington not to tool away their
sugars or to become panic-stricken. The
actual market on cane sugars was 1.50
New York so the thing- for. them to do
was to sell at I.7S Chicago and than wait
and see what happens. . ..
MAY BE SOME
DEMORALIZATION.
"But" au Will be anxious naturally io
sell their sugars and I am afraid It wiu
lead to demoralisation. It Is very un-
fortunate thatthe commission placet tha
'time of the nsw prices to take effect oc
' : .... .
V. : -.- I
- loss. Isr the sssteas liwiaaiail.
Slis Massar-a Vetoe." It is aa
sS aiaaiai jirissits ef tha VMst
f asaag Martins Cssssesy
W:
ictroia" U
tober 1 so as to give the jobbers time
to unload their high purchases and.ndt
to get caught. I told them that they did
not realise how fmlish some Jobbers wei-e
and that I was afraid demoralisation
would set In. . So the only thing we can
do is to be careful and caution our neigh-
bors and competitors to be careful. No
one is going to buy any excessive quan
SS of ugar:" Th.JpbKrT.T
stated. Is not going to buy tram the re
finer; the retailer is only going' to buy
for his actual requirements; and the con-
turner 1 not going to buy ahead So that
as much sugar will be sold at 1:75 to c
as will be sold at sc. . It to simply a ques-
tion of the wholesale grocers of the
country not getting panic-stricken.
"The-Iowa wholesale grocers In meet-
ing assembled unanimously Indorsed the
license and- honor price plan. They suggest-
the Jobbers' costs on certain Items
covered by license be established by the
ommssion on the data plan becomes ef-
recuve. -
-."Tou will see by the ab&ve 'outline that
thkt is practically what will be done.. If
It goes. Into effect September 15 it will
only cover Items that are bought after
that date. This same thing is worked out
oa sugar ' The price of sugar will be es-
tablished aa It Is well known and I have
outlined above 7.16 basis New York. Now
with tha. Ho freight rata added that will
mean a- east of 7.50 and when the plan
comes' out you would be privileged to sell
at -not exceeding 7.70
'"Now that Is In sugar bought after Oc-
tober 1. .Sugars that-are bought before
that time will not come under the ban.
"It la unfortunate I think thai the ar-
rangement was made with the sugar peo-
ple before the committee that weqt to
Washington had a chance to thoroughly
discuss it When wo pointed out that
October IS or November 1 would have
been much better owing to the existing
contracts that the beet people have made
at. a . higher price and sugar could not
possibly be used up by October 1 I think
they realised their error and t believe K
we had had a c hands to have talked to
them that we could have bad tha sugar
plan pat Into effect just is well October
or November 1 as tha time it does go
Into affect October i. But.. It has been
given out to the press and to tha world
and there was of course no hoglng It.
"I realise that for the past throe years
every ttmw a wholesale .grocer bought
anything went up and he got In the
habit of buying In a heavy way. It will
be
IHUS
'for' department managers and
buyers to realise that tha-day of specula-
tion Is over and that bow there comes a
time .when it means conservatiow and
BMlVlna M a hUlA.lA.IIUHll S mMm
IXPOIII4N THI
QROCKRV uaiNKsa.
"It .was pointed out la a talk kith th.
ooramission .that expenses have grown In
the wholesale grew business. This was
wrought aoouv as Kw. figured out.
The best music
of every kind
-on the Vfctrola
Think of any kind of music you would like to hear. Think
of the greatest artists who are noted for their exquisite ren-
dirions of that particular kind of music. Then turn to thej
Victrola and you can hear it in all its beauty.
The Victrola is the instrument of the world's greatest artists:
It places at your command all the world's best music by the
world's best artists. It brings to you their distinctive person-
alities as well as their consummate art tlreir own exact in-
terpretations; the interpretations which distinguish them as
masters of their art.
There are Victors and Victrolas in great variety of styles from $10 to $400 and any
Victor dealer will gladly demonstrate them and play your favorite music for you. Ak to
bear the Sacnger Voice Culture Records.
Victor Talking Machine Co Camden' N. J.
iBSStortant Notice. Victor Records and Victor Machines are scUntifleauy coordinate sad a7nchroiilssd'by saw spseW
'inuiasess nf msniiftrni-i r-f their use ens with the ether Is ajbeoawely. essential to a perfect Vleter tasasdoctiaa.
Nsw Vices Records dssseastrated at
ctr
Us KagJitersd Trada-msrk ef the Vteaac Talking Mschlns Company daaljnatlng the products sf tMs I
. Warning! Th. use of the word ViaWaU upon er la tha promotion or sale of
acy other TaMag IsatMaa ar PhadBCraph arodncti to mlihsmng and fflsgal.
largely from the fact that marglna of
profit were good buf It was said that from
now on It must mean a curtailment of ex-
penses and as Mr. Whitmarsli and others
figured instead of having salesmen cover
a given territory each weeK tney wouia
give them more territory. They would
cut out some traveling men. They would
economise in the packing room. They
Z". SLiT
me it will mean economy when you
figure on the basis on yhich you arc
going to be compelled to sell the great
staples.
"I do not have the figures before me
but Mr. (Joddard in his talk before the
wholesale grocers of Kansas City olnteJ
out that they were selling sugars at 2a
cents per 10U. But the commission has
decided that 25 cents a 100 was too much
and that wholesale grocers did not in
ordinary times make 25 cents and it would
probably be 20 cents: and flour Instead
of being 75 cents a barrel would be 60
cents; that . maximum and competition
may force you to sell at considerably less.
But if I remember correctly Mr. God-
dard figured that with sugar flour and
other Items selling on the very close
margin of profit less than the cost of
doing business and . that these items
I.-"" J Ti.
wnicn are picaea oui wu.uu u.bii w
5 per cent of his business and selling
other 35 per cent based on legitimate
grocer's profit. It would give him only-
about 6 per cent to 1-2 per cent profit
or dividend on money invested In his busi-
ness. So you can see when It gets down
to a basis of only making ( per cent to t
per cent on capital invested it will mean
rigid economy in the running of our
houses.
"Jlist stop and consider: never in your
history or In the history of the wholesale
grocery business have you been com-
pelled to sell goods based on cost and
and not on the market. Even before
the war was declared one would Co In
and buy salmon corn and tomatoes with
the expectation of getting some advance
later in the season advances that would
Justify carrying large stocks and ad-
vances that would help to pay dividends
at the end of the year. But remember
after the date Is fixed say September 15
anything lhat you buy after that time
must be sold on honor based on a very
small profit and all thought of speculation
must be cut out.
'"A thought that wis In the mind of
this committee that went from Chicago
was this: that If this thing worked well
and was well controlled by this com-
mittee of business men. after the war was
over It might look so well to the politi-
cians of tne country that they would
keep It up. TMs was put before Mr.
Hoover and he said briefly that this was
figured out by the framers of the bill
and that with the end of the war fond
control dies. But even so. a new bill
could be passed and who knows we
may be regulated for all time. It would
ha unfortunate should we fall Into the
hands of pollticicns who undertake to
carry on tne control w imju. nnsw
bag urrounaca nimseu wiui
hlgh
class
Vistula XVT MIIPl
Viswete XVl sAsetkS80
Mahassaywask
all eaalera oa tha 1st ef each
men business men and while as above
said they are determined that no exces-
sive profit shall be made in hoarding in
speculation at the same time if they
have It pointed out to them from time
to time that we can not live and pay fnir
dividends changes will be made In con-
formity." Wide Advances Made
in Cotton Market
l Ass octet td Prtss Retort.)
NEW ORLEANS. Sept. 23. Extremely
wide advances were recorded in the cotton
market here last week as the resutt of a
buying wave which began earl) In the
week and was .still in evidence on I he
close. At their best future prices were
417 to 42 points over last week's close
and a gain of about 121 a bale. Spot
prices rose 331 points. Last prices in
the contract department showed net gains
of $91 to 37 points. The buying move-
ment resulted chiefly from the improve
ment In the Boot situation over the Soutn
tT l.rsr demnnd and smaller offerings.
y -"-; ... n.ti.rf
crop deterioration reported in private re-
turns (mm the belt leading: to belief in
an unfavorable September report Irom the
government and causing private crop esti-
mates to be considerably reduced. Heavy
outside buying developed and in this
Western interests were prominent. Shorts
became nervous at the advance and cov-
ered In a large way especially toward the
fend of the week.' On the two closing ses
sions of the week contracts rose wen over
100 points each session. This week many
traders will look for a reaction from the
advance. esKcially If anything like fav-
orable weather Is experienced ov.r the
belt. Any slackening in spot demand or
increase In spot offerings also would be
against the market which msny traders
and brokers now call technically weak.
Government Placing
Bigteel Orders
(AssocuOtd Press-Report.) j
NEW YORK. Sept. 13. The United
States government (s again placing large
steel orders for munitions and prospec-
tive purchases of shell forginga are heavy.
The war department has placed orders
for ordnance requiring an' aggssgat of
nearly S00oe tons and the navy - ass
awarded contracts requiring about 30H
tons. Export Inquiries tor various Steel
nroducts have Increased recently and it
la now estimated that contracts are pend
ing tor pet ween i o.uvu ana ini ions lor
foreign shlpmenta The Italian govern-
ment has secured 30000 tons of Bessemer
pig Iron from a New Jersey plant at close
to $50 per ton for this yesX" shipment. r
u . mm
Red River Planter : V
Was Killed.Sunday
'HttuttH Post Steal.
SHERMAN. Texas. Sept. 2$. Bpb EJ-
wards a large plantation owner In' the
Preston Ben community on Red river
in this county was shot and killed early
Sunday raornlngt - -
His step-son Ered Coombs surrendered
to the sheriffs department after - the
shooting and was brought to Sherman.'
Justice Henry.. Wilson set his bon 1 at
$5000. Coombs refused to make a sta(e-
ment. He is only 13 years of age und
has served a short term in the peniten-
tiary. In connection with killing a negro
oar Red river about three years ago.
Officers state that Edwards went home
drunk Saturday nlrht and beeran to abuse
his- wife when the shooting followed.
A shotgun was. used and Edwards was
shot In the head.
New Foot Remedy Causes
Big Stir' Among Druggists.
Since tha Virtues of Ice-Mint as a foot
remedy became known in this country
druggists have been having an extraordi-
nary demand for this product and it is
predicted that foot troubles will soon be
a thing of the past.
In experimenting with Ice-Mint In the
treatment of . corns and calluses it was
found that Just a. little applied to a .ten-
der aching corn or callus wouM Instantly
stop ins pain or soreness ana tnat in i
short time the corn or callus would .
shrivel and loosen so that It could easily
be lifted out with the fingers roots and
all leaving the surrounding skin In nor- -mat
healthy condition. In minor cases .
of foot troubles such as tender tired
aching burning swollen feet It was found
that Just a little rubbed on the feet in
the morning would keep them cool easy
and comfortable during the entire day;
Ice-Mint la a clean creamy snow- white
non-poisonous substance that ' will not la- -flame
or Irritate the most tender skin.
Tha active ingredients of this product are
Imported from Japan where the people
have the healthiest best-earcd-for little
feet In th world.: Ice-Mint imparts sudj
a soothing restful feeling to the feet thaT
it has baeome very popular with ladle
who wear high heel shoes and With men
who have te stand on their feet all .day.
loe-Mint can be obtained from -say drug-
gist at small cost andj oae jar WIU be sui-
flcient to-rid you of every eorw or allut
and put .your feet in fine condition; Just
try It. Xou'U like It immensely Adver
tbwaent v
V":
V
I'
v i ' -
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The Houston Post. (Houston, Tex.), Vol. 33, No. 173, Ed. 1 Monday, September 24, 1917, newspaper, September 24, 1917; Houston, Texas. (https://texashistory.unt.edu/ark:/67531/metapth610496/m1/3/: accessed April 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .