New Britain Herald Newspaper, September 28, 1923, Page 9

¥ YOUR BILLS PROMPTLY, SLOW PAYMENTS HINDER ANY BUSINESS | Roger Babson in His Weekly Letter Says Credit Policy is All Important Factor e :uu in itaelf s one of to transportation companies, but alse|ability rather tham luck. He con- to lighting and telephone companies. | eludes that the el nt of luek 1s lim. “All of this means that one of the | 'led, and as the game advances this best things w2 can do te bring baeck | elément is more and more reduced by prosperity is to promptly pay our!the proficiency of the player bills. Moreover, this applies to wage His coneclusion that in Mah-Jonge workers as well as employers; to re. | fortunes may be won or lost 1s based tatlers as well as to manufacturers; | On a story in whieh it is related that to people in small country towns four wealthy Chinese ance played the | well as to peeple in the large eities, | BAme, wagering & grain of rice for Wellesley Hills, Mass, Bept, 28.—| fobbers, retailers, and consumers to | The little bills must be paid before | tach titie The player playing FEast Roger W. Babson has been making s | slow up in their payment of bills, Of | the big ones can be paid, Before the | Wind, the story runs, P"" over & "‘:‘" careful analysis of credit conditions course, the whole thing is an endiess | manufacturer can pay his bills, the | ter & by """'h" d‘h": :I: d on reports from his various|ehain. Just as soon as one link stops ' Wholesaler must pay the manufactur- | the odeate .‘“ 'hfl.: [”“.1'1 :n" correspondents throughout the United | the entire chaln must stop, As one|ri before the jobber can pay the | for three generations hat 1o ewitivats | Btates. His findings reported today | link slows down, the entire chain must | Whelesaler, the® retaller must pay the| 1,000 hectars (3, 4 o :“ what are of unusual interest to all business | slow down, Yet there is absolutely no | Jobber; and before the retailer can | DIanted to ric 1.0ndee 4620y men and Investors. | reasen for such action, It is & phyeho. | Y the jobber, you and T must pay | Fast Wind had won, “Careful students of the financial| 'o8ieal or moral condition rather than | him. Prompt settiements will do mueh situation are surprised at the action|&n economic condition. Business and toward keeping the business from go- (Quate®¥Locally Naly By The Herald), | been a tendency for manufacturers, 'FINGER READING MORE | THRILLING THAN SIGAT Laborious as Sightless Reading s, it | Contains all the Charms of Sight Reading Louisville, Sept, 28.—Laborious as| finger reading may appear, it posses- ses all the delights and charms t sight reading gives, and perhaps it has even an added thrill because | greater concentration is possible, in the opinion of Miss Busan B, Merwin, | of the ‘Reserve Ratio Figures' of the | the flow of money is like the flow of | Ing lower, The Babsonchart now Federal Reserve Banks and the simi. Pl0od in one veins. Anything which shows it at 10 per cent below nor. lar figure for the New York banks,” | retards eirculation harms everyone. mal" says Mr, Bahson. “With the tre. “An analysis of the balance sheets ! mendous amount of gold in the coun.| ©f our large industries shows that try and with new gold constantly be.|they are very largely ‘made or """JUDGE R"LBS “AH‘JONGG ing mined, it seems strange that this| made' by thelr ‘Accounts Receivable,' | figure should decrease. Furthermore, Which is simply the sccountant's name CALLS FOR PRO"G'ENGY even although this is the crop mow.|for money being owed to them, For | ing season there seems no logieal rea. | Instance, the fertilizer business, as a ———t | #on why our banks should put out ad. | business, is perfectly sound, Not only ditlonal ctrrency. Thove i us ouyad-| e fartilisers nesded but —they are|SuUstico Makes Ruliag That Game b ance of money in the country for all | needed more every year, It is a funda- Not Game of Chance But De- legitimate needs. The only diiculty is| Mental industry and yet most of the that too much of it is being used in | fertilizer companies are having very lllegitimate ways, and too much {s|hard sledding at the present time, and being hoarded in sections where it is | their securities are selling very low, not being needed. The country does The reason primarily is that farmers } hot need to issue more money, but the | are buying fertilizers on credit and farmers and logitimate business in. | Are N0t paying their bills. The chain I i s S stead of speculators in stocks, food|stores, on the other hand, are very ;h:omo\a r;z.rlulon was rendered in stufts, and wearing apparel should |flourishing today and their stocks are | 0o Creo Tong Lee Loy, 8o have the use of the billions already|selling high. The main reason for | °Of n": Kuong Chang, all Chinese, issued. Ellminate special and unrea- | this is that these chain stores are do- | = 00y "ine” oharge of mmh!lnlt sonable storage and there will be|Ing a cash business. They have no|m = 0 "0 0 varore Judge Manuel | | ® | money enough for every legitimate | ‘Accounts Recelvable’ and are able V. Moran, who based his decision on . | need in every line of industry. [to discount their bills and carry 1arge 11" nage | of the United States vs 1 | “Yet this speculation in stocks and | cash balafces, Liong-sin. In his decision, however, | commodities does not account for the| “In the case of almost every cor- | Judge Moran regrets the fact that lo- See our line before buying clogging which is taking place today| poration the credit policy is an im-|cal autharities have not approved | in our credit system. Of the various| portant factor and any investors buy- | any measure regulating the game, as| reasons advanced I believe the funda- | ing securities today should glve it|he belleves that Mah-Jongg is a game ADKINS PRINTERS AND STATIONERS pends on Ability, Manila, Sept. 28.-~Mah-Jongg, the great Chinese game of dominoes, is | not a game of chance, A competent mental difficulty is due to the fact that| careful consideration. This is es-|in which' fortunes may be won and people are not paying their bils. Ever | pecially true today when industrial | lost eince the decllne in business, which | stocks are so much more popular| Judge Moran makes a lengthy anal- lmcun‘:lt h»l\]\‘ rlnnnlil:« :..»., um«-h;ml;\ [:mnk railroads 1-::[ [\uhrlc' “’Zn'n,-; ,m's z: v‘l\'l game k;n \\‘llnch";))é 5):\":‘ 66 CHURCH ST. | PROUTY SHOES PROUTY SHOES PROUTY SHOES PROUTY SHOES PROUTY SHOES | —_— [ =) 7| ] [ | ’é“ ¢ |PROUTY SHOE STORES| : v = ! = v < | | IR 3 | R-1 : BUY TANNERY . 2 | = =] ®| | ; [ This announcement is of great importance to the Men of New Britain. It means bet- ter shoes without Increased Price. | You now can buy your shoes direct from the only Manufacturer in America who [ g I | Tans the Leather, Makes the Shoes and sells direct to you through his own stores. =1 18| We shall continnertoi ask your patrenage on the basis of our PROUTY PLAN which A [ has resulted in the New Standard of shoe values. 4 &) | 41 w| | = 2 : The New Fall Styles Are Here . and —— v ; THEY'RE ALL MADE IN OUR OWN FACTORY AT SPENCER, MASS, - 3| e . According to the g‘ |8 | n %‘ f; S e 7 g HERE IS AN ILLUSTRATION OF WHAT YOU GET FROM PROUTY ' L) A—Every pair solid leather. Vulco Box Toes used. D—Every customer served courteously. B~—Every style the best modern shoemaking produces. E—Every pair guaranteed satisfactory. | C—Every pair fitted correctly. F—Prices $3.85 and $4.85—None higher. ] | ——— = 28 When you buy from the = \ g manufacturer direct, you S |& | save the difference. : w ! ! S S l PROUTY NEWTON | |z = =] 2| SHOES SHOES 2 £ FOR MEN FOR MEN STYLES STYLES | " All LEATHERS All LEATHERS ! ! SIZES SIZES | | ] . |ONEPRICE ONEPRICE| | | o | = 2 $4.85 $3.85 < | = i E None Higher None Higher § <} Made In Our Made In Our il | E Factories Factories o Spencer, Mass, Spencer, Mass, j | Hlustrating Style No. 2553—Made of Gennine Winter Calfskin with Soft | Toe and Crepe Rubber Soles and ! ;1 o | Heels, $4.85, . s }‘g ‘ We Tan the Leather,—Tannery, Peabody, Mass. - [ We Make the Shoes,—Factory, Spencer, Mass. | @ VE We Guarantee Every Pair Satisfactory. ‘5 : |82 ] [B B { : | PROUTY SHOE STORE | : z \ . = e 275—MAIN STREET—275 El fg OPEN SATURDAY EVENINGS | Z| 1 & Opposite Commercial Trust Co. D. N. MORIN, Mgr. j g ‘ (& {2 | |of embossed print " PROUTY SHOES PROUTY SHOES PROUTY SHOES PROUTY SHOES SHOES PROUTY books are cumbersome in Revised Brallle consista of sev en 12 by 14 inch velumes The Re vised Brallle will bestme aller a dime the one universal uniferm sye tem in use by all blind readers, se Amerigan Printing W the Blind. Miss Merwin is ively engaged In the work at the printing plant here, which is the largest establishment of s kind in the world The embossed book according to Miss Merwin, is the cornersions of the cording 1 Miss Merwin, whe has education of the blind. The books of made an extensive study of all s the American Printing House for the | tems The production of embessed books is & costly precess, Miss Merwin says because of the unusual laber invelved and the comparatively small number | of ¢0‘1u required Blind go to libraries throughout this country, to the Fhilippines, Hawaill and other distant parts of the world The federal government yearly gives $50.000 toward the upkeep of the printing institytion In addition 1o text books, the printing house fturns out the best in literature and musie, with a eonsiderable supply“of curreat fiction Through the cooperation of the American Bible soelety and other or- ganizations, the Rible is made avail. able te the blind in several kipds The emboased You're sure to get a perfect pie every time. | | * Copyright 1923 Hart Schaffner & Marx ORDERS OUGHT TO BE ISSUED That you should see the Overcoats we are showing styles for the Young Fellows; Hart Schaffner & Marx and other styles —$25.00 and higher and are better Overcoats than ever of- fered, and right now when all prices are moving upward, we have absorbed the increases. Today’s Good Value in Men’s Union Suits, Madewell Manufacture $1.50. * 100 Per Cent Worsted Knit Jacket at $7.50. Children’s Fur Trimmed Overcoats—$10.00 and $14.00.