Evening Republican, Volume 15, Number 224, Rensselaer, Jasper County, 22 September 1911 — Kloethe Cleaned Up the E. V. Ransford Racket Store Stock. [ARTICLE]

Kloethe Cleaned Up the E. V. Ransford Racket Store Stock.

D. A. Kloethe'' finished up the Racket Store stock Thursday night, selling things in bunches by auction and giving away some things that he could not sell. Kloethe is a hustler and an entertaining auctioneer. He came here several weeks ago from Piper City, 111., and purchased for 14,000 the Ransford stock, of Chas. G. Spitler, the trustee. Some people thought he paid too much; the creditorswere well satisfied, but ‘ Kloethe seemed to know his business. He conducted several sales and followed this by auctioning off the stock himself. He proved a mighty ( good auctioneer and kept the crowds in a cheerful mood. He did not dwell long on any article; he either sold it or put it back on the shelf, and he nearly alway sold. Some times articles were sold for more. than the common retail price, while other things went very cheap. His customers were largely women from the city, Who were after bargains tn china. In closing up the sale Thursday night, he thanked people for their patronage and said that he had cleared about |1,400 after paying for the stock and all expenses. He went from Rensselaer to Waterloo, a small Illinois town, where he has purchased a stock. He follows this business all the time.