SUCCESS IN BUSINESS. 247 



small profits are more desirable than large profits and long 

 credits. It must be considered, however, before reducing 

 profits, whether the sales can be increased so as to compen- 

 sate for the reduction of profits. 



ECONOMY IN EXPENSE. 



Many a young man in business fails to succeed, owing 

 to a want of economy in expense. All expense must le de- 

 ducted from the profits. "Fortunes are spent by trifles." 

 " A penny saved is worth two earned." 



2 cents per day in ten years will amount to $100.85 at 7 p. c. compound int. 



5 " " " 252.14 " " 



25 " " " 1260.71 " " 



50 " " " 2521.42 " " 



100 " " " 5042.84 " " 



$2 " " 10085.68 " " 



MARKING GOODS. 



It is customary among merchants to use a private mark 

 to denote the cost and selling price of goods. Any word or 

 phrase containing ten different letters is selected, and used 

 to represent figures, as " White sugar," " Misfortune," &c., 



thus: 



white sugar 



12345 67890 



An extra letter called a " repeater " is generally used to 

 prevent the repetition of a figure, as a?, y, or z, &c. ; thus 

 388 would be represented by igz, using z as a repeater, in- 

 stead of igg. The object is to prevent a clue being given to 



