Retailers Face Higher Inventories and Credit Risks
A Mr Chalfin of Boston's firm outlines challenges for New England merchants including rising customer accounts receivable, expanded inventories, and risks from expanding credit. He warns against overextending cash, urges inventory discipline, and calls for long-term financing guidance for small stores to fund necessary modernization.
MENTIONED IN THIS ARTICLE
Chalfin
C.P.A
James W.mpany
Boston
Eng
Ional Retail
Hotel Nna
New York
National Retail Dry Goods Association
Merchants Urged to Plan for 1947 Financing and Expansion
The article argues retailers face higher capital use and taxes and should maintain liquid reserves. It stresses open-to-buy merchandising and six month expense budgeting to weather potential downturns and support planned investment, modernization, and longer-term growth.
MENTIONED IN THIS ARTICLE
France
Unclear OCR item on kitchen range and oil spill
Fragments mention a kitchen range with oil and water coil the text references an individual likely Nickerson and a location hint South Action Yah aie.
MENTIONED IN THIS ARTICLE
Nickerson
Year 1947 Demands Business Planning and Direction
The passage contrasts small stores starting the year without a plan or compass, relying on luck. It warns that 1947 will not be kind to those trusting luck, emphasizing the need for know how to develop solid elements of a sound plan to reach year-end goals.
MENTIONED IN THIS ARTICLE
Mets
John Brown
Brown
Federal Reserve
Fosbank
Maynard Family Moves to 20 Brooks Street
Mr and Mrs Carrol Stewart and their son formerly of Harrisville Rhode Island have moved into their residence at 20 Brooks Street.
MENTIONED IN THIS ARTICLE
Carrol Stewart
Harrisville, R. I
Brooks Street
Middlesex County VFW Meets Sunday at 2 30 P M
The regular monthly meeting of the Middlesex County Council Veterans of Foreign Wars will be held Sunday February 23 in E of C hall at 2 30 P M. Also noting government figures show steel workers have gained 0 63 percent in weekly earnings since January 1939 and consumer prices have risen 45 percent. Buy Victory Bonds and Stamps.
McCusker Named to Correction Post in State Department
Boston February 19 The Executive Council approved Thomas P McCusker former private secretary to ex Gov Maurice Tobin as Second Deputy Commissioner of the State Department of Corrections Corrections Commissioner J Paul Doyle made the appointment McCusker had been Superintendent of Concord Reformatory Governor Tobin left office The salary 4920 annually was approved Doyle also named John C Dolan deputy superintendent at Concord as McCusker’s successor at the reformatory with compensation 4700 to 5600 plus family maintenance and life tenure.
MENTIONED IN THIS ARTICLE
Boston
Executive Council
Thomas P. McCusker
Maurice J. Tobin
State Department of Corrections
J. Paul Doyle
McCusker
Concord Reformatory
Tobin
Doyle
John C. Dolan
Concord
Also Mentioned on This Page
Aller Merchant
Oughout
James W. Eadie
Gene Carr
Jine
LION
Concord, Mass
Maynard
Correction Post
Enclopedia Britannica
Philco Radio
Hudson Exposition
Hudson State Armory
Poplin’s
Main St
Hudson
Washington’s
Alaska
Blue
Co-Op
OLD South
California
Florida
Baldwin
Frank
Featherland Farms
United Co-Operative, Society OF Maynard
Mass
Super Market
Waltham Street
Main Street
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