davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-04-25
HISTORY OF BUSINESS AND THE RECORD

At the beginning of 1922 we had operating 331
Stores and at the close of business December 31st this
number had been increased to oo5 stores, and in ad
dton thereto had established five Variety Stores,
new Bakeries Candy Factory and other necessary
additions business. The major portion of this
expansion accomplished in the latter half of the
year in anticipation of further increase in capital
stock.
Our present plans contemplate the establishment of
stores throughout the Eastern territory during the
present year
Our sales for 1922 amounted to $31, ,534, 1920 and
Our total gross income amounted to $5,3OO4921O,
which, after expenses, depreciation and federal taxes,
left net balance Of $653O585O, and balance for
plus and undivided profits of $103 O585O after the de-
duction of dividends Class "a" stock, which were
resumed again effective with June lst 1922, of $1OO
per share, payable quarterly and have been paid reg
larly since that time. The dividend dates are March
1st, June 1st, September lst and December 1st
This Company chartered under the laws Of Virginia,
in November 1912 but did not begin active business until
January lst, 1920
10000 of the original issue of stock under
written BY group York bankers before active busi
ness was begun the provision that the writer Clarence
Saunders, the President of the Company would have the
Evening star., 1923-04-25

The first PIGGLY WIGGLY store was established
at Memphis in September, 1916. The next town to
have a PIGGLY WIGGLY store was Houston Texas
in May, 1917, and the next Lake Charles, La, in
December, 1917
1t i'll 1918 that the larger development of the
PIGGLY W1GGLY system was begun. These var
ious units of stores established by different
panes under regulation contract, so in organizing
PIGGLY WIGGLY STORES INC, it was necessary
to purchase outright the several units of that
composed first operation in 1920 and to do this we
had to purchase leases and the regular PIGGLY WIG
GLY contract, we'll the equipment and
chandse, and while the first two mentioned items may
at first glance appear high in statement they could
easily be sold at this time for at least double the amount
shown as the book value for these items
Even with the handicap of new organization, made
up of the several units of thus purchased we
made good start with profit but within six months
had terrible slump in prices which everybody
remember, and instead of making profit for the first
year we made loss of over 81, 100000 and then
bank loans called and other troubles followed
throughout the next year-lo2l. However, we finally
made profit in the last quarter Of that year.
Evening star., 1923-04-25

Everyone Of our Town Units has Local Man:
towns are considered q Zone District. which has
the general supervision of q District Manager
ioea ted at the principal town Of the Zone District
All Of the District Managers answerabls 70 the
General Once at Memphis.
With each town unit-all merchandise being ship
ned direct from producer OF manufacturer to each
town for the supply Of the local unit Of stereA 70
that this really keeps each town unit on Sspa:
rate and independent basis Of operation, except
tion doing the same thing at many tswns and
Evening star., 1923-04-25

with the buying facilities for making large con-
tracts for merchandise for the use Of every town
unit: This general yupervision Of buying and
n,s nnaEns q tAs large sootraets for nerchand:e u
Daily. weeky ana Monthly r6perts are made
IN detaii 70 ths general once y every town unit,
ports are eonsoidate1 and spU slnt the full total
q our eusiosec; =, Inrs ws hsv: large bushes
tics yet sinpiiAeA and made comp1fatively easy IN
handlinx thfcu1h the System, % far ~ feasible
end prsAtabsss sf iceaa manaesneat of sseh town
unit.
Evening star., 1923-04-25
Same Stock-.-Special Payment Plan

o the pupos % Gd in the shaef
be- o notb public fing al ime.
through
market short the hmas
low $500 IS
in
whhp the o dSe of
idd
ilappyon aresor1
Ancashma ybepadf les land the tk datonce
Remenb makes thar l lpe ent anneumen dh of
tf Hgp6t the share Ii
10 get onh aom hsppi the p comes o k,h My once
opt
Company tnk d Thousands ht dlh Company ct mkP
e t. a
Evening star., 1923-04-25

privilege of dposng of one-ha of the underwriting the
requirement of stores and for cash.
The banking syndicate sold the stock they handled to
others of sub group of bankers.
The writer disposed Of every share of his allotment
exact to him and in May 1922 the writer disposed of
the remaining authorized stock OF $4,000 shares without any
profit to himself for doing and without any aid from
banking syndcatehe Company receiving the entire pro-
ceeds of the sale without any expense.
Those who invested in my first in the wholesale
grocery business and who stayed with till that business
sold realized than $50 per for the three years
their money in that business
Those who invested with in PIGGLY WIGGLY COR
PORAT1ON in 1917 have received regularly without inter
ruption since that date $50 dividends annually in that Com
pany and received dividends in addition Common Stock
which given bonus with the Preferred upon the
basis of share of Common with each share Of Preferred
and which Common has been selling from $1,000 $4,000
per share
And yet neither the wholesale grocery stock referred
or the PfGGLY WIGGLY CORPORATION Stock listed
the New York Stock Exchange and every stoekholder
that much better off because the Wall Street gambler
could get by with his Short selling tricks to ruin those
stocks by fictitious sales made at low prices.
stock of real value, there always somebody to
buy the right price somebody sell at the right
price.
Evening star., 1923-04-25
ORGANIZATION AND DIRECTOR

ORGANIZATION AND DIRECTORS
CLANENCE oAONDkKS President
FLETCHER SCOTT T......................V Vice President
T. A. HAHklS Secretary and Treasurer
In Addition to These the Following List Compose Our
Board Of Directors:
LYNN H. DINKINS
Pres- Interstate Trust Banking Co, New Orleans,
A. W. BERDON President Stewart Carna Co, New
PAUL M DAVIS,
Vice President American National Bank NashviIe Tenn.
JORDAN President Central Cigar Tobacco
JAS. T. Nac<ee Lawyer, Memphis,
E. A. BASSE District Manager San Antonio
GEO B. WEAREN District Manager, St Mo.
WYATT District
w. +. GALLIHER,
Chm Board Federal American Natl Bank, Washmstou C.
E. BRADFORD. Attorney law Washington d. C.
WATKINS
Evening star., 1923-04-25
WALL STREET and PIGGLY WIGGLY

twas big batea terrible one-and vctoriousy
Wall Street good feeling Prospects fine for PGGLY
GGLY to be here long tme-too big business-too good
busnestoo profitable business quit just because bunch of
gamblers sold PIGGLY W1GGLY stock "short."
Too many real and while American this
country of let be said in of PIGGLY WGGLY "s
the gambler that rules"
And this advertisement addressed that great body of
and women who say "The gambler shall NOT rule"
Come let. be together the basis and the
price, Do it today for tomorrow you may forget.
Evening star., 1923-04-25
NEW CAPITAL
TO BE ADDED

proposed the capital stock of this
company 100000 shares Class "A" Common Stock be
Of the grade and rights with that already outstanding
but with n increase in Class "B" stock.
This proposed increase in capital stock be voted
upon by the stockholders May 1st, 1923.
1t is the plan of the management have sold imne.
diaely after such authorized increase in Class A stock
$4,000 shares for the of providing the company
with sufficient money iqudate entirely all bank loans
and for the further purpose Of having sufficient capital
handle with and profit the large volume of bus
that public offering be made Of this $4,000
shares
There will be noted herein financial of the
company which gives effect the proposed sale of $4,000
shares of Glass "A" stock.
The 25O0OO shares additional Class "A" stock to be
authorized be held in the subject sale by
board of directors be deemed advisable by them for the
need and proper expansion of business
Evening star., 1923-04-25

Pggly Wiggy Securities Agency,
Washington Loan and Trust Building Room 714
Washington, D. c.
PhoneP
hereby make application for.
"A" Pggy Wiggy $500
per share check which the
the balance paid by
hereto attached
understood and agreed that should stock being
Evening star., 1923-04-25
CERTIFICATE or AUDIT

Having audited the and
examined tahuated the monthly reports Of
certify the above statement to be after giving effect
to the proposed sale Of $4,000 shares of Glass % Common
Certified
Memphis. Tennessee, April g. 1929.
Evening star., 1923-04-25

PGGLY WICCLY STORES, Inc.
Capital Stoclk--Authorized and Outstanding
100000 Shares Class "A" Common-No Par Value
$4,000 Shares Class "B" Common-No Par Value
"A" in of
would equally all further distribution.
all
classes sof stock.
This bonded debt stock
thorizd
Evening star., 1923-04-25
PRESENT SALES
AND EARNINGS

Our January sales of the present year
amounted to $3,579,273.12, February sales to
$3,o15 5,88o3o, and March sales to $4,425, ,173.43,
which makes a total for Our first quarter of the
present year amounting to $1l, ,620,335.o4, and
against which we realized net profits of $780,
7O0.29, exceeding more than 50fe our dividend re-
quirements at the present rate of ST 90 per share
quarterly.
These earnings should be materially increased
by the last quarter of the year, which, should this
be the result, will enable us to pay larger divi-
dend by that time.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-09
GOING TO ALASKA
Congressman Wurzbach viii BE in
San Antonio Saturday.

Republican Congressman Harry VI.
Wurzbach is expected to arrive in San
Antonio Saturday or Sunday for a
brief stay, according to information
received by his friends Friday. Con
gresham Wurzbach is reported to
have left Washington Wednesday for
San Antonio. 1t is believed that he
will come direct through and in this
case he should reach here Saturday.
He will be accompanied. it is under
stood by Capt. William Hanson. who
has been in Washington for some time.
Information received by friends Of
the Fourteenth District congressman is
to the effect that he is planning a trip
to Alaska and that he will not remain
in San Antonio any length of time.
1t is understood that he wound up his
business in Washington prior to his
departure and that he will probably
visit San Antonio and his home town
Segun for n brief period and then
leave for the northwest.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-09
WOMAN, LIVING IN
GERMANY, APPLIES
FOR TEXAS PENSION
Husband Served With
Southern Forces Dur
ing Grill Var.

Austin, Tex, March e-State Comp
troller Lon A. Smith has received an
application signed by Mrs. Sophie
Deicher of Stuttgart, Germany, for
a Confederate pension under the laws
Of Texas.
The application recites that her hus-
band, August Deicher, enlisted in
Company +, Sixteenth Texas Cavalry,
Confederate Army. January Is, 1862.
at Dallas, Texas. Union records show
that Deicher was later taken prisoner
by the Northern forces and confined
in Camp Douglas, Chicago. and later
released TO the South.
At the close of the Civil War he
had achieved the rank of quartermas-
ter-sergeant in Granbury'S brigade.
Accompanying the applicatio for pen
sion are the naturalization papers is
sued 10 August Deicher at New Or
leans, La. May 10, 1870.
Under the Texas laws. says Comp
troller Smith. the pension asked for
by Mrs. Deicher cannot be granted.
since the applicant must be a resident
of Texas to obtain a pension.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-09
KELLY FIELD
HAS.PART IN
FIESTA HERE
viii Give Aerial Show on
Saturday Afternoon
of Week.
ALL PLANS FORMED
Conventions VIII Be Held
Here During Spring
Carnival.
ALL PLANS FORMED

At meeting of the Fiesta Associa-
tion Thursday night the official pro-
gram for the celebration this wear was
approved. New features will be the
conventions and exhibitions to be held
at the pageant grounds at the audi
forum site on Romano street. Prep
aration of the grounds is to begin at
once and seats To accommodate 10000
people will be built. This viii re-
place the grandStand built on Alamo
plaza in previous years. and all pa
rade will pass through the grounds
The celebration will open Monday,
April Is. witt a convention of high
way associations. George Holmgreen,
chairman of the highway department
of the chamber Of commerce. will have
charge of the arrangements for this
convention. Monday night. following
the entry of the King, the San Antonio
Fire Department will hold an exhibit
ton and display at the pageant
grounds. TIE exhibition will be made
realistic by the burning of a temper
airy structure from which people will
be rescued by the firemen.
Have Electric Parade.
Tuesday will be cooperative mar
keting day. The program of the day
will be handled by the Bexar County
Farm Bureau. and people from all
parts of the state interested in CO.
operative marketing will be invited to
attend. Tuesday night an electrical
parade will be held. f. II. Kifer of
the Public Service Company will have
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-09

charge of the parade which will he
made IN Of electric floats from the
merchants, the civic. and fraternal or
CARNATIONS of the city.
A convention for the purpose Of dis
cussing flood prevention irrigation and
drainage will he held Wednesday and
Thursday. This will be held under the
direction of local engineers who will
secure prominent engineers from all
parts Of the country { make addresses
on the subjects dealing with water
cor, rol and utilization. 4 pageant
depicting the gifts of nature in the
state of Texas will be held at $
o'clock Wednesday and Thursday
nights ar the pageant grounds. Thurs
day night the Queen and her court will
appear Mt the pageant.
Kelly TO Have Show.
The Battle of Flowers will be held
Friday afternoon. The parade will
start at ( and after traverSing the
business part OF the city will pass
through the grounds on Romano
street. Saturday afternoon an aerial
circus will be staged at Kelly Field.
beginning at = o'clock. When the
circus is over there will be a display
If the latest planes and machinery in
The shops Of the field.
At s O'Clock Saturday night a col
lege and school parade will be held.
II is eSSi1ated that there will be in
III eneighborhOod Of - floats in this
parade. representing schools and col
leges from all parts of the state. Each
school will confer with its alumni and
select a queen TO represent it, and she
with her retainers will have feat in
the parade.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-09
Tile Dealer Bankrupt.

A voluntary petition in bankruptcy
was filed with the clerk of the Federal
Court Thursday evening by William
John Deniger, who conducts a tile,
marble and terrazzo business in San
Antonio. His liabilities were listed at
$9J9794. of which S32GS.G3 consists of
secured claims and SG276.G6 consists of
unsecured claims. His assets were
listed at $1,000 with an exemption of
$3167 claimed. The major part of
his assets consists of n stock in trade
with Il value OF $4,000.
Imperial Valley press., 1923-01-10
NJ. w. A. Charter ).
Asked at Border
by Press staff Correspondent

CALEXlCO. Jan. l0.-R. +. l..
Hunter. Holtville, district deputy of
the Modern Woodmen of America.
was in Calexieo yesterday, arrang-
ing for the organization of a lodge
in this city at an early date.
William Won Mueller was appoint
ed as assistant deputy, and instruct
ed to visit the miscellaneous mem
bers of this section, of whom there
are 81 and to secure their sigma
lures to petition asking that o
charter be granted for the formation
of a lodge here, and to secure as
many new members for the organi-
zation as possible within as short
time as possible, in order that the
new fraternal organization might
be formed at an early date.
There are at the present time
chapters at FL Centre, Holtville ana
Calipatria, and endeavors are being
made to secure chapters at Prawley
and Calexieo.
Old members in this section are
heartily in favor of the move. and
are giving every aid within THEN
power to secure lodge chapter 70,
Calexieo.
Imperial Valley press., 1923-01-10
TALKS AT c. OF c.
ON WELFARE WORK
FOR COUNTY BOYS
Rousing Meeting of Local
Body, Prominent
Men Present

Proper care and instruction of
bows as exemplified in the Boy
Scout movement and the Y. NJ. C. A..
formed the keynote of the weekly
luncheon of the Chamber of Com
merce at the Barbara Worth hotel
today.
c. J. Carlson, deputy regional
scout executive of the Boy Scouts
of America. told the businessmen
of the work which the organization
is doing among the boys of the
country, and asked their co-opera.
tion in behalf of the organization
in Imperial County.
Need for leadership and oppor.
tunities for businessmen to assist
in moulding the future citizens of
the country were emphasized by the
speaker, who urged his audience 10
take the same interest in bovs that
thev do in civic and national af-
fairs.
Speaks on Marketing
Professor II. II. Erdman, of the
division of rural institution, Univer.
sitv of California, spoke briefly on
the proper marketing of farm pro
diets. Mr.. Erdman said that si>
years ago, very few agricultural in
stitut ions paid any attention to the
big problem of marketing. This
has now been remedied in part by
the establishment of courses devot'
ed entirely to the question of pro-
per marketing and relieving some
of the evils which have made the
position of middleman obnoxious l.
many people.
Tells Of Lettuce Bureau
W. II. Hall, in charge of the bu-
reau of markets recently establish
ed in this city, thanked the mem
bers of the Chamber of Commerce
for the cooperation extended to him
in getting his office started. Al
ready a mailing list of over 800 has
been made, of people who are in
terested in receiving reports OF the
bureau. lie placed his office at the
command of the people of lmperia
Valley for any information his de
partment can be to them.
Roy 8. Melvin, newly appointed
secretary of the Y. NJ. c. 4. for
Imperial County said his Organiza-
ton, now that the Boy Scouts Were
going to be managed by their own
executives, would be able to devote
more time to the men of the couh-
tv and would still continue to 90
operate with the Boy Scouts. lie
announced that campaign for q
$4,000 fund to carry on the work IN
this county viii begin the latter
| part of the month.
Imperial Valley press., 1923-01-10
Personals

Mrs. Gilbert S. Helms and son
Gilbert, left by auto this morning
for Los Angeles. Gilbert will go
on TO Berkeley to resume his
studies at the university.
Mr.. and Mrs. A. f. Konold and
sons have returned from n delight
full holiday vacation with relatives
in Pasadena. They saw the Tourna
ment of Roses while there.
Chester Kluck returned to Ber
kelley last night to continue his
studies at the university.
Mrs. A. ". Atkinson of Tacoma,
Washington, is in the valley to en-
ioy its nice sunshine.
l.. A. Mosier of San Diego is q
business visitor in El Centre this
week.
Dodsom Bleims of Phoenix. Ari-
zona, is n business visitor in FL Cen
tro this week.
y. d. Bollis of San Diego is in
the valley on business.
+. E. johnson of Brawley, is at
the county seat today on business
matters.
Imperial Valley press., 1923-01-10
Commercial Club
to Give Barbecue
nv Press staff Correspondent

HOI!TVILLE Jan. 10.-The Holt
vile Commercial Club held its regu-
lar meeting Monday night. The
general routine of business was
transacted and ballots prepared for
the annual election of Officers,
which will take place on Monday
night, January 10.
Committees were appointed and
plans made for an elaborate harbe-
cue dinner for that night, to which
all the Commercial Club members
and their wives are invited.
The men are to serve the banquet,
and musical program and other
interesting things in the way of en-
tertainment are arranged. Plans are
made for a large attendance.
A number of Holtville people at
tended the funeral of Mike Forna-
sersO, at Fl Centre, yesterday.
Card Party and Dance
Earl Pearre viii entertain the Five
Imperial Valley press., 1923-01-10

Hundred Club at a card party ana
dance at the Eagles hall Thursday
night.
Howard Martindale of Los Angeles
is visiting at the home of Mrs. j.
W. Griffin.
Mrs. Wagner was visitor in FL
Centre Monday.
Cecil Brown was in FL Centre ON
business Monday.
7. A. Stoekwcll is moving his
household goods to Redlands today.
where he plans TO make his future
home. nu
Realty Dealer Visits
f. O. Busenburg, real estate deal
er of San Diego, is in town on
business trip and visiting with
friends.
Mrs. Hauskins of FL Ccntro was
in Holtville yesterday on business
C. d. Hartshorn was i'll FL Centre
yesterday attending to official busi-
ness.
Bob Little has been enjoying
visit from his daughter, Miss Oele
Little, of Los Angeles.
Imperial Valley press., 1923-01-10
llQoca(IeWs lo

Wooda Blesy Dancing School, Tee3
Orange. Classical and ball room
for children or adults. Phone 41lW
Adv
Meet Me Mt Steves. Adv
Don't Forget Dance at McCabe
School Friday night, Dee. II. Adv,
We Can Furnish You n well locat'
ed lot and help You finance your
home on easy terms. Call 42l. Adv.
Sport News at Steves. Phone 54a.
Adv.
Meet Me at McCabe school dance
Friday night, Dec. l.. Adv.
Our Speciality, waffles aud Steaks.
Main Chop House. Adv.
Table d'Hote Dinner, 81 per GOV
er. Special T bone steak dinner, 90e.
Hotel barbara worm. AuN.
See Collins Wrecking Co., about
that cabin you are going to build in
the mountains. Phone 572, 270 y.
18th. Adv.
DR.. Harry Hooper, Dentist. 641
Main Street. Phone 3S2W. Adv
Money to Loan on automobiles
contracts bought. Fred II. Cross
GO Main St. Phone 359. ADV
Cream Waffle, at Steves. Adv.
Elmer A. Todd's Music Studio
GA Olive. Phone 466W. ADJ.
Latest Magazines al S:eves. Adv
Automobiles for Hire. McCor
mick Bros. Garage. Adv
Merchant Lunch at Steves. Adv
ilghtbourns Ladies Shop, Barbara
Worth Bldg. All winter coats re-
dueed to cost. Adv.
How Does This Sound? 12xl6
garages complete. with heavy rub
beroid roof for 800. Where do yod
want ii built9 Collins Wrecking Co
Phone 57o, go y. 18th. Adv.
Music at McCabe school, Friday
night is the best TO be had. Adv
+. L. Culver is in the valley from
his home in San Diego to look after
large business interests.
Oscar Carlson is looking after his
ranch properties in the valley this
week. Mr.. Carlson lives in San Di-
ego.
G. G. PEBBLES Of Holtville, is in
El Centre today on business.
Imperial Valley press., 1923-01-10

FOR EXCHANGE-For Imperial
Valley property, 100 acres, {
room house, wind mill, fenced
all level and plenty of water 70
irrigation. Situated 31a miles o.
Wilcox and r. r. Arizona. viii
exchange for house and lot q
acreage of equal value $4,000. Fol
particulars address Owner, l+o y
Fifth, FL Centro. lot]
Imperial Valley press., 1923-01-10

WANTED-Pasture for dry stock
A head vonng heifers. NJ. lluson
Seelev. lot5
Imperial Valley press., 1923-01-10

FOR RENT-Completelv furnished
modern, five room house ut IA
Hell Avenue. Inquire Mr.. +
Schmitt, Edgar Bros, Ford
branch. l"'f
Imperial Valley press., 1923-01-10

They don't have sleeping ears on
the road to success.
Imperial Valley press., 1923-01-10
More Than
$l8,OOO,OOO
Resources
q ooin of .C2 47f 5.3f
The SOUTHERN TRUST
and COMMERCE BANK

thana
Tuta
OBLIGATIONS sin capable
banks of
Valley
Imperial Valley press., 1923-01-10

WANTED-High school girl wishes
to work for board and room
Phone J02 lots
Imperial Valley press., 1923-01-10

WANTED-Loan of $4,000 for i'm
provement on land, 6 mi. $. W. OF
Brawley, good soil. Harry Cross
9Ol No. 4th ST., FL Centre. lOt2
Imperial Valley press., 1923-01-10

NEUTRALITY-SUSPICIOUS.. Must be
man with experience, also quick
and accurate. Useless to answer
unless you can meet the above ra-
quirements. Address in own hand
writing. Chief Clerk, p. O. Box
345, FL Centro. I0tj
Imperial Valley press., 1923-01-10

FOR HANGE-Cood Baby
Grand Chevrolet, not the little
400, power and speed, good top
upholstery, body, new rubber, eX'
eellent condition. Want late
Ford delivery, dairy COWS, Ford
son tractor or anything for the
farm. At the Lindsay Ranch, !.
mile east of lIeber after the ljtt
A. NJ. Wright, Hieber, =. O.
1865
Imperial Valley press., 1923-01-10

WANTED-Two live statesmen with
ears. Ask for IL. +. Millspaughs 3
Hotel Porbara Worth. lUt;