TRADE: National Bargain Week

From Chicago fanwise over the U. S. last week began to spread the two periodicals with the greatest circulations (around 7,000,000 each) on earth—the fall and winter editions of the mail-order catalogues of Sears, Roebuck and of Montgomery Ward. Down an average 1.48% were prices for the 100,000 items of Sears merchandise. Down about the same were the prices of Ward.

In the face of the danger of a war-born retail price rise during the next six months, the price cuts of the two big mail-order houses were important—for neither merchant is likely to change his prices until next January's catalogue.

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