White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1920-11-21

NV III Itek aAVr oAk
in this we look for a big drop. TIC
storage houses are filled with what Is
known as process eggs. These have
failed to bring the enoromus prices de-
inanded and when thrown on the mar
ket they have caused a drop In strictly
fresh eggs. which was sharp in Chi
cago this week and will reach US as
matters generally travel. Oranges and
apples are higher now than a year ago
and we prefer to see them come down
so that We can invest less and at the
same time turn them to our customers
at a price where they may be able to
reach them. Canned goods have re-
NAMED about the same and We buy
just what We need so that as the drop
comes we will take advantage of 1t and
in turn give a corresponding advantage
to our customers.
NJ. 7. Collins. Collins Hardware Com
pany: II have no miseivings regard
ing our business at this time. We have
bought lower han the prices quoted
today. Take stoves, for example. The
stock on my foor today stands me Is
per cent less than l could go into the
open market and buy the same stock
for. The same is true of other lines
and We are giving our custoemrs the
benefit OF it. In any line where there
can be a sharp decline we arc buying
only TO meet our immediate demands
and as the market declines we will go
along with 1t. What decline will take
place I believe will be an advantage
and we will be glad 10 keep apace with
1t. l would say that our hardware
business is in a satisfactory shape. oil.
though no doubt IL will be somewhat
quiet until the copper market improves
SO as TO put the camp IN general on a
normal footing"
J. +. Callahan. Wilson-Bates Furni-
ture Company: "About the Only way
by which a merchant can be seriously
injured by a declining market Is by
becoming oyerstocked pm a high mar
ket. This condition I do not believe to
be true with any merchant in Ely. We
could not go out in the open market
today and replace our stock for one
dollar less than ii stands US. Whatev-
or decline may be coming Is coming
gradually. Whenever we get notice OF
a reduction in a certain line we reduce
our prices accordingly. and IL a loss is
to be taken we then take 1t. I con-
sider our stock in excellent condition,
so that We can take care OF the trade
without serious injury to ourselves and
with fairness TO our customers"
L. j. Fouilleul, proprietor .Ioe's
Candy Kitchen: My business is OF
such a nature that 1t would not be af-
fected by a declining market. Any
stock on hand would be moved before
the decline was generally known. 1
do not believe Ely merchants will suf-
fer. because money has been too scarce
to warrant purchases of large stocks
On the high market"
A. Il. Riepe. senior member Ely
Meat Company: "A decline in the mar
ket would be welcome in our line. We
look for a drop and particularly in
pork. This has already taken place
in the east but 1t Will be perhaps ten
lays before the benefit can reach US.
Today we are selling porkchops at As
to SO cents. while the same grade is
being sold in Los Angeles and San4
Diego at 65 cents"
Athens Mercantile Company: "
only hope that the volume OF business
may keep up. Our stock is IN good
shape and We can well take care of all
our trade. What we want Is plenty OF
business and the rest will take care OF
itself"
John Anderson, Liberty Fruit store.
ANY decline would not hurt our line
but on the other hand would help us.
We hope that sue goods as we handle
may come down so that people would
feel more like purchasing. Fruits and
vegetables being p~erishable. we must
move 1t rapidly and replace with fresh
stock"
]. II. Gallagher. Gallaghers Feed and
Grocery Store: THE decline in prices
] regard as a benefit. but the volume
of business Is not what we would like
to see IL. We have been looking for a
drop for months and buying only what
we need. In fact. In some instances
we ship in by local freight rather than
take the chance on greater quantities.