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Show SIS HIGH COST BUY H SOON Manager of Capital Electric Company Tells of Eastern East-ern Trip. J. A. Kahn, general manager of the Capital Electric comyany, has just returned re-turned from a trip to the middle and eastern states, where he went to get jn touch with manufacturers of lines handled han-dled by his firm and to attend a convention con-vention of General Electric distributing jobbers. His visit brought him in touch with some of the biggest business concerns con-cerns in the country and he had an opportunity op-portunity to interview, first hand, many influential men in the financial and industrial in-dustrial world. His observations while away convinced him that the country is experiencing industrial in-dustrial and commercial prosperity to a degree that has seldom been equaled in the past. He says there is every evidence evi-dence that the wheat crop is in excess of previous years, while the yield of corn and other staple crops is very substantial. substan-tial. "There are some signs, though scattered, scat-tered, that the peak of the hit.'!) cost of living has been reached," said Mr. Kahn. "The coming months will probably witness wit-ness a slight decline in the prices of necessaries. The demand for lower prices is widespread, but the reduction is delayed de-layed by the fact that production still lags behind demand. Labor demands steadily increasing wages, the effect 'of which is to increase cost and so check any downward movement. "Present conditions are not unique. Every important war that has been waged has brought heavy inrreases in prices of commodities. With the greatest great-est war in the history of the world just behind us, it is not Btrange that these conditions should e even more marked than in the past. "My time spent in New York; "was mostly with Ixtnkers. One can gain much by cultivating bankers, besides getting get-ting funds. They have their fingers on the pulse of all industries and can often enlighten one on conditions and give an accurate forecast of what is coining in the future. "A real pleasure to me was the meeting meet-ing and having a visit with Percy H. Johnston, Sr., vice president of the Chemical National bank of New York. His photograph and the story of how he rose to eminence in the world appeared ap-peared In the American Magazine for October. The article is unusually interesting inter-esting and worth any one's while to read. It gives an infallable recipe for getting to the top of one's profession or business, busi-ness, though starting from the humblest beginning." |