Show A BUSINESS announcement ogden sons will inaugurate a te the cash basis system hereafter we wish to announce to our friends and customers that on january 1st ast 1909 this firm will inaugurate a new business police upon and after that date all our business va will ill be done upon a CASH BASIS modern busi ness methods competition and present day dav conditions in general make thi change advisable and we have decad ed tu to make this move after ten years merchandising in this place during w which aich time ve ae have spared neither effort nor eDen in advancing establishment to a higher plane of merchandising as our present est it ib lh lement ment and the volume of business amply testify we have congi considered dered the question for some time from every possible point of view not alone from the standpoint of a DEAL to all A large percentage of our customers pay cash at all timea let us see if the credit sa system stem does them justice A a cash customer bus worth of goods in a near ear B I 1 buys the same amount on credit money being worth 10 per cent the average time taken by a credit customer is six months and at 10 per cent would be 20 hence 13 pays only on y for the same amount of goods B 19 paid a premium of 20 for not paying cash which clearly should go 90 to A on a credit business of a year this matter of interest amounts to about 1000 to bad debts mistakes etc incidental incident ail to a c credit system our plan is this instead of spending tins this amount of money in the old way we are going to distribute it among our customers in the form of reduced prices and bet ter values for the money you pay us no establishment can do a credit business arid and live on as small scale of margin of profit as the ono one that sells on a cash basis working on this system we will be in a position to sell goods cheaper than ever before and that is what we are going to do this change of policy does not mean that wo we will not extend accommodations to those entitled to credit but it will be on a cash basis bankable notes or other good securities the cash merchant is in a position to take advantage of miny good lines of merchandise that are thrown on the market from time to time at a sacrifice price and pass it along to his customers at a small margin of profit for cash when if it were going on his books for a long time he would rould not feel like taking hold of these deals our business the past year was by far the largest in the bistor history of this store but we ae want it to be larger this bear ear and we can and will make it to dour advantage advant aee to help us make this our banner bear ear thanking ig g ou for your patronage binl hoping honing our new dew venture meets your you r favor we remain yours Y ours truly THOMAS OGDEN SONS |