The Waterbury Democrat., 1936-06-29

Southern New England Ice O., are acting as chairman and vice-chair- man, respectively, of the associa- ton.
 We wish to extend appreciation to the members of this organiza- tion for their courteous and help- full spirit of cooperation, which helps to make possible tc prompt reporting service rendered Ly the bureau.
 "Pay Your Bills Promptly" Cam
 paign
 From May 7th, 1895 to october 9th, 1895, inclusive, ten ads appeared in all three of the local newspapers impressing upon the public the necessity and advisability of their meeting their credit obligations when due, and stating that credit is a valuable asset. The fund to carry on this campaign was subscribed to by 57 of the bureau Ynembers-the assessment fee varying from $6 to $20 each-depending on the amount of membership dues paid by the firm to the bureau. The total sum of $52O was donated by these 57 members for the fulfillment of this campaign.
 Fifteenth Annual Conference
 At this convention, which was at- tended by approximately 250 credit managers throughout New England, from May 12 to 14, l936, inclu- sive, Waterbury received honorable mention for It's display of collection and service letters. An expression of thanks is extended those members who contributed their material, making it possible for our city to participate in this educational ex- hibit.
 Notices Flashed
 During the period July 1, 1885 to June 1, 1886, the Bureau through its Bulletin Service, and over its wires, flashed 58 warnings to its members concerning various frau dulent schemes and bad check passers, stolen money -orders, non responsibility of debt, and cau- tioned in the accepting of credit applicants who offered as securing their promise to pay their obliga- tions when they received their bonus check. Members were also informed regarding the proper handling oi i direct inquiries.
 Personal Interviews
 We feel confident that the bu- reau is becoming more widely known to the general public since, during the eleven months period which this report covers, 246 persons called at the office to inquire concerning their credit rating as listed on our files. In some instances, the hus- band visited our office to inquire as to the names of the merchants to whom his wife or members of his family were indebted for merchan- disc purchased on @ charge basis In many cases, persons were rec ferred to ou roffice by member stores after they had refused the account. Some stated that the pur- pose of their visit was to inquire regarding their cridit rating because they were anticipating making ap- plicatoin for a charge account To- cally and wished to neke certain that the account would be accept able to the particular merchant. Collections Made
 In several cases the bureau has been successful in collecting ohli- gations due members by these per. ca,ae a,aA lc oa,% fldaS,t Ia uka ttSNor t11a each individual left the office with clearer understanding of the necessity of meeting credit obliga- tions when due and realized the value of a favorable credit rating.
 The Bureau distributed to it's members a gold sign with black and red printing reading:
 "Your credit is good if your pay ing record Is favorable. Tn the margin of the sign the staetment appears:
 Prompt payment is tho basis of future credit" with 8 line at the bottom of the sign reading:
 Members Waterbury Credit Rating Bureau, Inc"
 III uQoAthVAA btiS 0uA Suu AtNA . supply of two forms printed which 1t sold tot its members ct cost, which forms were to be forwarded to slow accounts. The text of the enclosures impressed upon the indi- vidual that many times daily the member store was requested by our organization to furnish credit in- formatoin on their charge custom CTS who were desirous of establish ing credit elsewhere, and If the par ticular member was requested to furnish credit informatoin on the individuals account under the date of mailing, they would be compelled to report the status of the account showing a delinquent balance owing for a definite period of time.
 Managers C0memnt .
 The credit managers who made use of these forms reported them very successful. They stated that these enclosures appeared to have considerable effect on the persons receiving them since they cam from a group organization rather thar a single store.
 In conclusion, 1t is our desire tc take this opportunity to expres: thanks for the appreciated anc valuable assistance of the board oi directors, officers, members, manu. lecturers, bankers, correspondents town clerks, assessors, police anc fire departments. school boards ana numerous others who have so gen. erously and courteously cooperatec with us in the work of the bureau (Signed) BERNICE M. KOLET. | e~OwaAa vsg