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The Western Comrade, Vol. 2

The Western Comrade, Vol. 2

138785289
1062.5 руб.
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Описание
Excerpt from The Western Comrade, Vol. 2: July 1914

On August 28, 1912, they opened their store. They had bought out a little neighborhood store, run by a young Socialist, hired him and two other experienced grocerymen to take charge, and broke loose.

They had about $2000 in cash when they started. By January, 1913, they had sold worth of goods, invested $2840 in stock, developed _a trade extending over half of the city, and prepared to begin on a development of the whole county. They paid a dividend of about per cent on the purchases of stockholders for this first period.

In January, 1914, the audit of the business for 1913 showed a total business for the year of about The number of employes had grown to ten, with three wagons going most of the time on regular routes, rang ing from South Milwaukee to West Allis and all of Mil waukee except the East Side, where the aristocrats live.

The reason the business did not show high profits was owing to the expense of building up this widely scattered trade. But this seemed the wisest way in the long run, as comrades everywhere were asking to be served, and not to have served them would probably have resulted in the organization of scattered stores, under more or less con?icting management, and the probable failure of some of them. Slower growth, with solid results, has been achieved, with a continuous and experienced management at the helm all the while.

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