Combined March sales of Sears Roebuck & Co. and Montgomery Ward & Co. were exceeded only once before, in 1920, when prices were about at the peak. Considering the difference in price levels, last month s business was better than in 1920.
The continued remarkable recovery in the mail order business leaves little doubt that the American farmer is both able and willing to purchase.
Sears-Roebuck sales last month were $19,755,338, an increase of 25 03% over March, 1922, while sales for three months at $55,800,179 showed a gain of 31.6% over the first quarter of last year. Montgomery-Ward sales last month were...
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