Show MANAGER MANAGER GRAHAM OF PENNEY COMPANY IS BACK FROM CONVENTION G W Graham manager of the local loca J C Penney Co store returned to this cl city ty today from Denver cl city ty where hero he had been bc n attending the annual spring convention of the J C Penney Co Commenting on the convention con whICh was one of eight that are arc now being belm held all over the tho United he said The The keynote of the can convention was better business Reports made by men who ho have been carefully studying the general business conditions all over the country were prevented presented pre and every Indi- Indi Indication Indi Indication cation is for tor a steady sure r return turn to na- na national national na national prosperity on a sound basis buls whIch should last for many years Striking Staking charts what has s been going on In the retail sales field and In the manufacturing world orld were ere shown sho and methods were v ed to show sho how the better organIzed business organizations throughout the country have taken hold of at the present sl situation It It Is unlikely that the country has over ever seen greater values for the dollar than are now being shown by sound or- or organizations organizations or organizations Excess production and distribution dis- dis distribution dis distribution costs have been wiped out of the business world and the r retail retail tall mar mar- market markot market ket kot is showing a steadily increasing re- re response response re response to tho the new conditions Speculation not alone in the stock market but In general merchandise lines was a primary cause of the passing do de but the now effects are along lines ines determined by sound anal analysis ot of demand lemand Employment ment will III rise to tl a moro more normal basis as the new values in near nearly nearly ly Iy all lines restore confidence The start tart of the present year has seen many conspicuous examples ot of returning pay pay- payrolls payrolls pay payrolls rolls In general people are in a replace replacement vent ment market at the present time For Forthe Forthe the he past several months they have hae been using up their supplies of cloths cloth clothes clothes es s furnishings and other items Hems which i make flake up their normal buying require requirements ments vents I Good business judgment dictates re renewals nev-als nev and antI replacements at today s races |