The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-27
ANNOUNCEMENT IS
| MADE AT BANQUET
GIVEN LAST NIGHT
Well Known Wheeling Firm
Retains Local Ownership
and Identity in New AGlia-
tion-Mr. Stifel and EN-
ployes Are Feted /.

! One Of the most striking evidences
of Whceling's march forward as city
; Of Metropolitan proportions Is the an
nouncement that the store OF Geo. E,
Stifel Co. Is to be associated with the
! Affiliated Retail Stores Group. perhaps
! the most prominent group of stores In
/ America,
The Affiliated Stores are an organi-
/ zation Of big department stores ana
specially houses extending from Now
York City to San Antonio. Texas, indie
pendently owned and operated, but anil
/ lated for mutual advantage.
These stores maintain big New YORK
! offices with important connections IN
Europe and the Orient, organized to buy
merchandise collectively and to cooper.
ate in numerous other ways TO give
each individual store every advantage
! possible to such cooperation, Including
! the opportunities Of buying directly IN
every market OF the world. whether In
Persian for rugs or in Korea for jade
and wherever else goods may be &C
: quired. .
Thus Stifel's-already great store
! will become In Wheeling a store equal
in many respects 10 the great stores
/ of Pittsburgh. Cleveland and otner I'M
The group includes such we'll known
stores as Rosenbaum's, Pittsburgh; tho
Bailey Store. Cleveland; Perry. Dame z
L
Milwaukee: Nugcnts. OF St. Louis; the
Frank & Seder. Stores. Of Philadelphia.
: Pittsburgh and Detroit and many 9th.
ers, representing a total buying power
! in excess 'of one hundred million doi-
lars.
MI. StifSl Honor Quest
, The banquet last night, held at the
Carroll club entertained as guests the
two hundred employees and officials or
the S,.ifel store, several men prominent
~ identified with the Affiliated Stores:
With Mr.. George E. Stifel as guest OF
Mr. Stifel continues as the active
head and president OF the company: Mr.
George II. p. Schmidt. vice president
and manager. and no changes are con-
templated among the perso1lhel Oh tho
On the other hand, a number Of i'm,
proyements are contemplated later on
next year, which will fit the Stifel Store
in America. trply u national institution
| and more THAI ever a credit to the
City Of Wheeling,
Mr.. Schmidt presided, As toastmastes
at last ntght;a banqnst the guests IN: IN.
snsNn SslSS,ns 4 " M ss PIIGtesn'f PaIasetsr y
~ Sp ess%ss9fsFsr. VIZ e .sne ssf 81
the founders. of the store; AFR. August
&c: Remse, secretary anu tsSssI ttr Hervex ~
J Carter. advertising manager OF Stifeis.
and Mrs. Carter: Mr.. Victor Sincere,
chairman Of the Affiliated Stores Group:
.. and Mr.. Arthur freeman. the genera,
director: Mr. and Mrs. George r.. Stifei
and Miss Alberta Stifel. and others or
the Affiliated Group.
And among all the guests. none were
more conspicuously welcomed ana nom
ored than the older employees OF he me
have been faithfully identified with tina
Stifel business for from fifteen to forty
two years
MT. stfel Makes Announcement
Mr.. Stifel spoke in part as follows:
MIR. Chairman, Our Guests ana by
Fellow Co-Workcrs: We are gathered
together here tonight 10 witness the
beginning Of new era in the history OF
the Stifel business.
1T is altogether fitting that\the an
nouncemcnt of the step we are about 70
take should be made first to you loyal
and faithful people who are so rnuch re;
spOnsibIe for the success OF the Stifel
institution. -
ahead let us 20 back for a moment over
, the old days that so many OF US nave
spent so happily together.
"Forty-two years ago. this puslness
was started by myself and our departed
and M, inmented friend. Mr. Fred schwert-
fcger In the language OF the Gay: we
began with a shoe string and from
small beginnings. the business rev
through many trials and struE6ies 1ntn
TODAY I believe we can say without fAlst
pride that the Stifel store stands as one
Of tho most ,honored and respected good
names in America p
This result was not 50 much quo W
rood merchandise and faithful service:
though the years were ricR IN both OF
ese hut rather to certain high pf1n"
(continusd on PASs TWoJ