Business: Business Notes, Aug. 23, 1926

Fords, Bulgars. The Ford Motor Co. is reported to have privately offered a loan of $5,000,000 to the Bulgarian government with which to build roads, and to have secured the concession to open a motor car factory in Sofia. Thus the Bulgars will have double incitement to buy Fords, often jocosely called "road bugs," for pleasant travel in their craggy country.

Fashions. The U. S. salesman of the highest ton, who perforce must voyage among the Latin Americans, will— BE AFFABLE and polite.

GET LETTERS of introduction.

GET A COMPLETE OUTFIT of dress clothes,

including a frock coat and silk hat. PATRONIZE the best hotels. USE BUSINESS CARDS and stationery of

the best quality. REMEMBER that the Latin American often

signs contracts over a cup of coffee

or in the lounge room of a club.

"The hustling, breezy type of American go-getter will find his style rather cramped in Central and South America," adds the codifier of these fashions, the U. S. Chamber of Commerce at Washington.

Rayon. When, some weeks ago, the price of raw artificial silk (rayon) yarn came down 35¢ a lb., fabricators of rayon fabrics groused at foreign yarn makers. These broke the price of U. S. yarns by shipping (in 1925) 5,441,000 lbs. of yarn (one-tenth of the total U. S. consumption) here. Fabric makers had large stocks of expensive yarn on hand, none the less had to lower cloth prices. As a result one great manufacturer, the American Rayon Products Corp., last week was forced to pass its regular 50¢ dividend.