The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1916-06-20
MERCHANTS DISCUSS
CLEARING HOUSE MAY BE ES-
TABLISHED - WILL ASK
BANKS TO OPEN
EVENINGS.

1t is probable that a clearing
house for residue merchandise will
be established in the near future by
merchants of the city.
At last nights monthly meeting of
the Madison Merchants association,
the question of establishing such an
institution was taken up, and it APP
parently met with the favor of most
of the members in attendance. As
tentatively outlined, the merchants
would engage quarters in which
would be placed on sale the residue
of the various lines of merchandise
carried by them. Remnants. and in
some instances wares that are com
p%aratively new, but which when
piled away on shelves or elsewhere
were not moving" as rapidly as
dealers believed they should, would
be turned over to a person in charge
of the clearing house, to be sold at
reduced prices. 1t was thought by
the association members that a sale
could be held once a week, possibly
on Wednesdays. 1t was recommend
ed that the plan be given the con-
EldC1 alum VI IAit llAtl 1ldIAD Until III
next monthly meeting, when definite
action will probably be taken.
Without opposition, it was decided
to change the time of holding the
monthly market day from the last
Saturday in each month to the last
Wednesday. 1t was contended that
as merchants generally are pretty
busy Saturdays. the monthly bargain
day date should be changed. The
question Of whether market day is a
profitable institution was also taken
up. 1t was the c%oncensus of opinion
that the feature had not been given
a sufficiently thorough trial to deter
mine its merit, and that the day
should be continued a few months
longer, at least.
The monthly meetings of the asso-
citation in future will be held on the
third Tuesday night in each month,
instead of third Monday, as in the
past. The change was made owing
to the dates of meetings of the city
commission and those of the Mer-
chants association conflicting. With
both bodies holding meetings on
Monday night, it would be impossible
for committees from the Merchants
association to wait on the city com
mission and attend their own meet.
ings.
The association went on record as
being opposed to having carnivals
show here.
BY unanimous vote it was decided
TO have a committee of the associa.
ton wait on the city bankers, with
view to having at least n banh
open for business between the hours
of 6 o'clock and s o'clock each Sat.
urday night. 1t IA pointed ou
that the heaviest Saturday bushes:
starts at about A o'clock in the after
noon. the hour at which the banks
now close. The merchants pointed
out that if the banks would open for
a time after 6 o'clock, a convenience
to farmers, merchants and employees
would be rendered. The members
told hat with the banks closed much
business must be done by check, and
that as il is impossible for mer-
chants to gauge the amount of cash
their respective institutions would
N'A1+"
require, they are now operating I'M
der difficulties which the late open
ing of banks would remove.
Promiscuous advertising was dis
eussed, shut no action in the matter
was taken, and the suggestion OF
merchandise specializing was with
out definite result.
The directors of the association
were appointed as a committee to
meet with the directors of the Com
mercial club, with a view to arrang-
ing for the entertainment OF the
teachers in attendance at the county
institute at Lake Madison next Fri
day. 1t is the intention to go into
the matter of arranging for trans
p~ortation for the teachers. The Mil
waukee probably will be petitionec
TO run a special train to and from
+ tho lnkp