Show E 0 sams of penney co visited eureka friends on wednesday of this week pre aident E C sams of 0 the J C pen ney company visited with eureka f friends mr sams was in the state tor for the purpose df attending the con bention ol 01 store managers and says he just could not overlook this op port unity of calling on some of his old time friends and visIt visiting ng the 10 lo cal store which the ahe launched when the big merchandising was in its infancy mr r sams has a host Z of close friedlin friends inthis his district and 1 it is needless to 0 say y that he enjoyed every minute Yh a stay in eureka this year ye artour our separate conven eions were scheduled tor foe the pur pose of bringing the J C penney store managers mana gere together the one for the intermountain section being at salt lake and another tor for the north west in portland the growth of the J 0 penney organization has startled the mer chan dising world and one of the most remarkable thing things in connect tion with the syndicate Is the tact fact that the business has increased in dollars and cents during the period of general business depression yilth merchandise selling at fully one third less than it was a year ago the stores making up this chain have increased their receipts over the pre year in the neighborhood of peo pie are now connected with the new york office of the J C penney co where the buying accounting ad ver and educational work Is handled tour four floors of one of the large buildings being occupied the company now has stores scat throughout the united states and it is generally understood their program of expansion which was checked to some extent by the depression following the war will be continued next year when quite a bunch of new stores will be added to the list naturally the company a officers were against opening new stores when business conditions were so unsettled and when merchandise values were changing so rapidly but early in the coming year things will be sufficiently settled to permit the carrying out of regular policies of the organization while J C penney has retired from the presidency of the company in favor of mr sams the founder of the organization Is still very active in management of the business at af fairs however each succeeding year he Is devoting more and more time to the development of the men connected with the company and less time to other matters mr penney has repeatedly stated that no man has the right to advance in the bus busl ness world unless he Is willing to take others along with him he ile at tributes his success to the splendid help which has been given him by the other members of his company from the men holding the ible positions in the new york office right on down to the poorest paid clerk tn in the smallest of his long ion string of stores in his organization he lays special stress on man build ing and says that money Is merely a byproduct by product if we get the right kind of men and then develop them properly we will be assured of the financial return says mr penney |