The Alaska daily empire., 1921-02-28
LOCAL FIRM TO ENTER J0Bb|NC
 BUSINESS HERE
Olson & Meherin Branching Out-Business Outlook Is I
 Good Says Meherin.

be brokerage firm of Olson Me heinz who returned today from a three months business trip in the Pacific Coast States, says that no matter what happens or what the conditions are elsewhere, Alaska IS coming back strong and although things might not be right up to a 100 per cent in the North during 1921, look for 1922, for the Ter ritory is going over the top.
 Enter Jobbing Field.
 50 strongly do we believe that there will be vast change for the better in conditions and increased development of Alaska's resources resulting in a business growth all most unparalleled, MT. Olson and have concluded arrangements for cnlarging our present establishment in Juneau" said MT. Meherin. As soon as Mr. Olson arrives from the South, which will be in two or hree weeks, we will sign lease for a portion of the warehouse Of he Pacific Steamship Company and erect an office and sample room, 25X40 feet outside of that building.
 Mr Meherin said that work on their new building and warehouse arrangements will start about April |, and would be completed by May 1. Tt is our intention to carry jobbing stocks of some of the lines we represent and distribute these from Juneau," he said. Juneau is the logical place in Southeastern Alaska for such businesses and while we do not expect to enter in the jobbing business in big way at the outset, we will add to our stocks as the business of the district requires MT. Olson has been in Alaska for IS years, and prior to entering the brokerage business with MT. Meherin was representa- tive for Schwabacher Bros. MT. Meherin has been in the Territory for II years and covers virtually the entire Territory every season They represent J. A. Folger & Com pany, Charles H. Lilly Company, Proctor & Gamble Distributing Company, Imperial Candy Company, Hart Cigar Company, Winchester Repeating Arms Company, the last being recently added to their ac counts, and other smaller firms.
 Money Plentiful.
 "I have been studying conditions in the States for three months, said MT, Meherin this forenoon, and l have been delving into all angles of the business outlook. The banks never had so much money as they have now. But they are not lending much money because in vegtors are waiting and many pro motion deals are held in abeyance until the change of the administra- tion and a size-up given as to what the new cabinet will do on many propositions. Brokers will not get active until in April and possibly as late as June. The word has been sent out from the east to wait and see what can be expected in readjustment period as proposed by President Elect Harding and his cabinet advisers. As l said, the banks have great quantities of money and they must lend money in order to make their earnings but they are advising all clients to wait for a couple of months before branching out in their own business or making new affiliations and in vesting.
 Many Talk Alaska.
 "On the Pacific Coast, 1t is quiet. San Francisco is quiet as are also Portland and Seattle. Hundreds of people are talking about Alaska and many are coming North, in fact scores have started now to strike out for various Alaska towns. es- pecially those along the Southeast crn Alaska Coast The Government Railroad will have no trouble in securing any kind of labor as many gre going to Seward then into the Interior where the railroad is under construction.
 sI believe that Alaska will bene- fit this year through the policy many canneries are adopting, of not operating during 1921. This will give the people of Alaska an op- portunity to think along new lines of development and new industries will be opened. The pulp industry is bound to be great as Alaska and .he people will turn to this new departure and with our mining op- erations, the development of new agricultural fields, watch Alaska come to the front in a walk If oil is struck 10 the Westward or in fact in any new field in Alaska that industry wiA take a jump that will make the North look like Texas. as regards oil excitement
 T am optimistic regarding Alaska | this year and for all time for know that we have everything 1T our Territory that the world wants and also that we can live from.