Pine Bluff daily graphic., 1905-12-11
NOSE S0LMS0N AT THE HEAD OF A SOUTHERN SALVAGE COMPANY OF
 MEMPHIS. Memphis Journal of Commerce Tells What 1t Is and c. It's
 Successes.

The December issue of the Mem- phis Journal of Commerce contains an extensive writenp of the South ern Salvage company. of which Nose Solmson, formerly of this city, is nrasident and general manager.
 The Southern Salvage company is 2 new concern. just incorporated at Memphis with a capital stock of s22s- 900. and Mr. Solmson's genius is re- sponsible for it's birth In speaking of the new concern. the Journal of Commerce says:
 "This is a new company started in Memphis. known as the Southern Sal wage con panv, with a suite of rooms in the Porter bu ,lding. This company organized for the purpose of buying ,nd selling general stocks of all kinds in the mercantile line: also for the nurDose of promoting merchants throughout the United States, by their special sale system. of which Nr. M Solmson is the or ginator. This company starts with bright pros poets. as they have the ability and also the ample facilities. financially speaking, to assure them a phenom-
 success. They have only been in Memphis for thirty days. but to show that they are str. ctly up to date in this line they have already started thirv experienced salesmen conduct ing these sales, throughout the south ern states
 Owing to the fact that the nzer- chants are overstoclled and are look ing fer a WAY to dispose of their im- lGensa stocks, this company has start cd this bushes at the rieht time and siaht place. Seeing that Memphis had a bright outlook. commercially speak mug, they have selected this city to inalle1srate this business.
 "The pres dent and general man. aeer. A'r Solmson. was raised in Tennesse, obtaining his business edl- cation in this state. He moved to Pine Bluff. Ark, in which place he entered the business world as a dry goods and clothing merchant, con- meet ag himself with one of the larg- est wholesale houses in New York City: and with this company opened an immense clothing and mems fur nishings business in Pine Bluff Ow- ing to the Ze of the town he readily saw there were better chances in larger cities, wherby he could have better facilities and a larger field to devote his up-to-date business meth eds, moved to St. Louis, in the year 1901. where he entered into the spe- cial sale business, conduct ng sales in most of the large cities in the United States and has made a phenomenal .uccess in the business since he orig mated this plan of disposing of sur plus merchand SC for merchants throushout the country; and since then the demand has been so great that there have been many concerns started in this line, trying to follow in his footsteps. An idea struck Mir. SClmscn that Memphis would be an excellent place to open business of this kind. last spring, when he con- dEcted a sale for the well known firm of s. Floz and Levy whereby he dis posed of $335,0o0 worth of cloth ng in t5 days. This was one of the largest clething deals made in Tennessee. Ihls same flrm made contract With Nr. Solmson to close out their entire stoe@ this fall, owing to the counter napas they had received from the veNlcW fever district. they were over stea}< q With cloth ng. Mr. Soln.son tco& tbe ir contract, and he disposed Of sfair entire stock. amounting to sf- e2e, in less than fifteen days. .fai#se q far greater success than the CT oondposaa in the spring. This sf-e= to show the streneth of this cc22teny in inauonratina these sales."
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 V. arftsine is one of the modern .3z=5=.z#.7s ef ta'asating naople to buy '..e~t isino Tynnrianoa