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Galveston Leader in Galveston, Indiana

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Galveston Leader

Location

Galveston, Indiana, United States of America

Date

Jun 16, 1920

Page

2

Franklin Stores Company and Chain Merchandising Vision

The article outlines leadership at Indiana Rural Credit Association with president and vice presidents, then details Franklin Stores Company's expansion and philosophy. It compares chain stores like Woolworth, United Cigar Stores, and Lipton to illustrate higher profits, efficiency, and nationwide growth. It cites historical figures and investments, noting stores in Indianapolis and planned openings in multiple cities.

Lord Carter Indiana Rural Credit Association State Savings and Trust Co Paul A. Ulrich Columbia Grocery Co Cecil K. Catvert Indianapolis Water Co J. C. Ulrich W. H. Latta Terre Haute Indianapolis & Eastern Traction Company Indianapolis Street Railway Company Woolworth Atlantic and Pacific Tea Company United Cigar Stores Company England Thomas Lipton Butler Bros Chicago

Franklin Stores Co offers direct-from-producer model

The old grocery system gives way to modern chain stores that buy direct from producers and manufacturers to cut out the middleman. Franklin Stores Co. claims to have ample capital efficient management and an outlet limited only by the number of stores it operates. Stockholders would gain generous rewards while consumers enjoy lower prices.

Franklin Stores Co

Change from Par Value Stock Now Common Practice

Stock without par value represents a proportionate share in a company's assets and prospects. Placing a par value on certificates adds nothing to value, while omitting it adds nothing away. The Montgomery Ward issue in Chicago is a notable example of this recent shift toward par value free stock.

Montgomery-Ward Chicago Galveston George R. Mote E. M. Pence

Also Mentioned on This Page

Benj. Franklin Indiana Franklin Stores Company Standard Oil Company United Cigan Stores Company 5 & 10 Cent Franklin Indianapolis Frankfort Greensburg Bedford Connersville Elkhart Evansville St. Wayne Hammond Huntington Kokomo Kendalville Linton Lafayette Laporte Logansport Marion Mt. Vernon Muncie Newcastle Plymouth Rushville Richmond South Bend Vincennes Willard Burrows Pure Food Grocery Store Willard Burrous Ind Galveston, Ind
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