Show WORK IN NG asat billit man sit sits in nt at conference Olg aniza lion members nn on tuesday t evening of this week ECONOMIST representative spent cintr sting lour hour with tho buyers S labere of the JC penney golden rule stores on their seafaring trip to tho the now york ket this company compan y of which ir peney Penney is tho the head bead operates eight retail stores in eight orty as oregon regon washington monna idaho utah ut ab colorado nevada nd wyola lg in january of last ear the company W was as incorporated thea the j 0 penney co operating ader the name of tho the golden rulo rule stores G going ng over the line lines the occasion was the evening as ably of the buyers of the aaion following their day dayi wot k in in tie the market in quest of merchandise or the va various rious stores when in the market the group of buyers divided into six committees wholesalers inspecting goods and nd selecting samples in the biffel diffrient ent hues nes to be purchased each evening ill au the committees meet and together go over the lines then the orders ire made out with a view to the seeds deeds of each of che different stores is the organization twenty one participated in one of the large parlors of the hotel breslin now now being utilized for his this interesting work there chere were present at the time of the ECONOMIST representatives visit twenty one layers boyers and managers of the organization including J C penney dent of the company E T sams first vice president E J neighbors second wild vice D H mudd hird third vice president the sight of hese these men gathered about the round ta able bleas as it were engrossed in an analysis of the merchandise w was as in n itself an inspiring object lesson eason in retail operation cooperation co and impressively brought to mind the significance of a lafait in merchandising chan dising has forty eight store stores the present was started eleven years ago at kemmer rayo erwyn rW yo by J C penney who is sti I 1 its it head shead at atthe the beginning of 1912 it had bad thirtyfour thirty four stores doing an aggregate business 0 of f 2250 Fo fourteen arteen new stores were added duri edg in the last 3 ear making malting forty eight mall this year the company expects to do a business of from ta the stores are located in towns of from rom 2000 to population in the states above mentioned and deal in general merchandise all the I 1 heads and managers of the tile various stores are members of the COlli company pany each manager having an interest in the storo with which ho lie is connected tho the stores operate on a strictly cash basis and cater to the better clas I 1 of trade their efficient buying buy ing organization enables them to offer otter their a high standard of merchandise at attractive price levels I 1 I 1 the organization is const constantly antly growing and the golden rule p blinci 11 I 1 plo is carried out both in all its dealings I 1 as a merchandise dise institution and in the management of its several establishments salt lake gity headquarter headquarters the main offices i of the tho company are in salt lake city utah from where all of its bills arc are paid and I 1 where here the company holds fields its semi 1 annual managers convention in jani uary and july of each 3 ear car this con bention lasts ten das and while it is in session various problems for the j betterment and increase of the business ar are e dealt with 1 the company has established permanent offices in new york city with mr penney as resident b buyer uyer assisted by one of the other officers of the corpo corporation rati 0 n dry goods economist |