Rensselaer Semi-Weekly Republican, Volume 36, Number 119, Rensselaer, Jasper County, 18 October 1904 — Profits In Mail Order Business. [ARTICLE]
Profits In Mail Order Business.
A mail older supply house in Chioago tells in tbtir how one man interested in another house in the same iine made one million d liars on a $40,000 in eat* meat i- six years Think of 2400 per cent in six years, 400 per oent a year. This was but one member of the firm. It is estimated that the net profits of this firm is three million a year Their net investment was originalless than SIOO,OOO, giving an annual profit of 3000 per oent. How is it possible to make suoh enormous profits? The farmers send their money in advance and wait from two to six weeks for the goods, thus furnishing the mail order house all he capital needed Again their profits on all but a few well knowa staples ..re suoh as no retail merchant ever dream ed of. Think cf sending two houses from five to six million dollars a year as a present. —Dry Goods Reporter.
