Newspaper Page Text
Ryan list of
Loan Values
1 Amazes Banks
(C????tl*u*d ?Vom ??,,?? MM
?ar?, nor John ?McHufrh, president, of
the Mechanics and Metals National
Bank, tho institution most heavily in?
volved after the Guaranty and Chase,
could be reached, and at the offices of
the bank, Frank 0. Roe, vice-president,
declined to comment on the situation.
At the First National Bank, the Em
pire Trust Company and other financial
concerns interested, the absence of ex- !
ecutives acquainted with details of the ;
Ryan loans was assigned as the reason :
for the lack of statements.
The paucity of formal statements. |
for which the traditional reluctance of ?
bankers to discuss details of their j
business, as well as the ?Saturday half
holiday, was in part responsible, was j
not in accordance with private ex?
pressions of opinion and the volume of
informal comment. The bankers con?
cerned made no effort to conceal their
discomfitura over the first public
airing of figures in the adjustment of
Mr. Ryans affairs, while the failure
-was almost the sole topic of discussion
during a dull session on the New York
Stock Exchange, where the contrast
between Mr. Ryan's market operations
and influence of two years' ago and
the absence of effect of his bankruptcy
?t this time was conspicuously noted.
The disparity between the amount
of the loans and the collateral as
f*alued by Mr. Ryan was generally!
characterized as exaggerated, but no |
inf??r.nation was obtainable as to what i
a iiiirer valuation of that collateral ;
wo'iM be. Nor were any figure? avail?
able r.s to the extent of losses beyond
the intimation given in the reserve
created by the Guaranty Trust Com?
pany. The explanation of this lack of
fi-jurrs was that the. collateral is now
In process of liquidation by the trus?
tees, who have been in charge of the
situation for a year and a half, and
that its value and the extent of the
l?ese.?* will not be determined until
liquidation has been completed.
Losses Admitted Now
It was ascertained, however, that
provision has been made against all
probable losses and that the bank?
ruptcy proceedings will have no bear?
ing upon the continued liquidation of
the account. That there will be sub?
stantial losses was generally admitted,
whereas when Mr. Ryan's affairs were
taken over by the banks it was ex?
pected that, some equity might remain
over and above the amount of the loans
that would revert to him.
Viewed separately, bankers said, the
"Ryan transactions could hardly be
condoned. Conceding that at the time
the loans were made the securities of?
fered as collateral had a market value
considerably in excess of the aggregate
advanced against them, their subse?
quent depreciation, it was admitted,
was such that the loans could not be
regarded as sound and more intensive
Investigation should have indicated
this.
"There ?3 another consideration that
must enter into the reckoning if the
?ourse of the banks is to be properly
appraised." said one banking official,
who declined to have his named used.
"That is that the banks could not al?
low Mr. Ryan to fail in 1920 during
the declining securities market. It
was a case where, although his account
was overtaxed, the banks had to stand
by him because to do otherwise might
have caused a general unloading of
stocks, the failure of many brokerage
houses and a consequent threat to the
entire financial structure. They might
have closed Mr. Ryan out with smaller
losses than have been incurred, but in
doing 60 they would probably have un?
settled other accounts and had to take
losses on a hundred loans instead of
merely on their loans to him. It may
have been bad banking at the outset,
but viewed broadly it was the wiser
and safe course to carry on than to
have taken the loss then. It is unfor?
tunate that tho record should have
been brought out now when people
have forgotten, but that is Mr. Ryan's
re8nonsibilitv.'"
See No Liquidation Saturday
Although the stock market was re?
actionary yesterday, brokers were not.
iaclined to attribute the selling to the
Ryan bankruptcy proceedings. It was
pointed out that the bulk of Mr. Ryan's
noldings, being held in trust by the
committee of bankers, would not be
thrown upon the market at this time,
particularly in view of tho fact that
they had been taken over in November,
1620. Whatever liquidation has taken
place, it is believed, has been done
during a period when the public would
least suspect such selling wais going on.
The bulk of the collateral of tho
Ryan loans, as disclosed by the bank?
ruptcy schedules, consists of Stutz
Motors, acquired by the noted specu?
lator when he engineered tho famous
corner in the stock in tho spring of
1S20. Since the stock was thrown off
the Stock Exchange it has had no free
market, and it ?3 doubtful if the bank?
ers could sell any large amount of the
collateral at present even if they so
desired. In June the stock was nomi?
nally quoted at 45.
Mr. Ryan's decision to bring to a
?Umax his financial troubles resulted
fr<"m a desire to free himself of per?
sonal obligations, including the "baker,
the butcher and the candlestick maker."
A few of his former close friends and
associates expressed ignorance of his
future plans, but expressed the belief
that he would soon return to active
business in the Street and in time
would pay off a large part of his un?
secured debts.
One broker who is a member of the
Stock Exchange and a creditor of Mr.
Ryan seid ho knew on Thursday that
the bankruptcy petition was going to
be filed the following day. He ex?
pressed regret concerning the occur?
rence, and remarked that Mr. Ryan
was "most generous" in his prosperous
?lays. _ He expressed ignorance regard?
ing his future plans.
None of Mr. Ryan's attorneys were
at their down-town offices yesterday,
and at the offices of Allan A. Ryan &
Co., Ill Broadway, it was said that Mr,
Ryan was not there and no statement
would be made.
-a
Sing Sing's Loneliest
Prisoner Drops Dead
Sentenced for Murder, Martin
Smith Never Had Caller
During 14 Years
Martin Smith, who has served more
than fourteen years in Sing Sing for
a murder committeed in Nassau County,
dropped dead yesterday of he*art dis?
ease in a hosehouse inside the prison.
Death took about three years from
Smith's sentence. He would"be e'igible
for release, if he had lived, in 1925.
Smith had the odd distinction of
?ftcver having had a visitor at the pris?
on during" his term there, which began
February 27, ?OO?5". A few years after
his imprisonment for second degree
?urder the Legislature changed the
penalty for second degree murder from
life to twenty years to life. The law
was made retroactive and applied to
C^ith.
Smith was a carpenter in the prison.
He was efficient ?ft his work and a
model of good behavior. The Mutual
Welfare League wil provide burial.
Hale to Inppeet Reserve Corps
Major General Harry C. Hale, in his
capacity of commander of the 2d Corps
Area, will so to Plattsburg Monday, for
an inspection on July 26 of the Reserve
Officer?' Training Corpa,
f
I-?-,-!
Baby Unhurt in Fall
From Speeding Train
RICHMOND, Va., July 22.?
Two-year-old Woodson W. Wood?
ward, of Richmond, lost his toy
balloon through the window of a
train traveling thirty miles an
hour, near here, last night, fell
from the train when he reached
for it, and was found later by a
farmer, walking contentedly along
the tracks, balloon in hand. He
was uninjured and was returned
to the train which had been
stopped to permit passengers to
search for him.
-_-,-,-J
Policeman and
Crook He Shot
In Battle Die
(Continued from pose one)
and found him unconscious. She then
put in a call for Brooklyn Police Head?
quarters, and detectives and an ambu?
lance began racing for the scene.
Walsh, according to the police, was
known to criminal hunters throughout
this country and England. He got his
first taste of prison in 1878, and since
then had been a frequenter of manv
prisons for various offenses. He was
convicted many times for burglary, it
is said, and during his long criminal
activity was sentenced from Man?
chester, England, St. Louis, Baltimore,
Poughkeepsie, Jersey City and Tren?
ton. His last sentence was served, ac?
cording to the police, in 1914.
His body was taken last night to
the morgue. A city-wide search for
his three companions is being con?
ducted.
The backyard activities of the
warehouse thieves early yesterday
awakened the six months' old baby of
Mrs. Marie Kennedy, who lives at 251
Eighth Street, which backs up to the
Heberlein place on Seventh Street.
Baby Eleanor cried and Mrs. Kennedy,
comforting the child, saw two men
sneaking through the back yard.
Picking up the baby, Mrs. Kennedy
ran upstairs, rousing her brother,
Charles Boyle, and Charles McCor
mick, then ran to the street and told
Patrolman Loewc, who was on post
near by, what she had seen.
Boyle and McCormick were unarmed,
but joined forces with Loewe, who gave
Boyle his nightstick. Two men were
found in the shadow of the warehouse
building. When Loewe ordered them
to throw up their hands the battle be?
gan. After about thirty shots were
exchanged Loewe fell. Two others
came from the warehouse and joined j
in. Loewe was beaten over the head
with revolver butts.
Loewe was twenty-eight years old
and served overseas as an aviation
corps mechanic. He was appointed to
the police force In 1919.
Army Orders
From The Tribune's Washlnpton Bureau
WASHINGTON. July 22.?Army orders
Issued to-day follow:
Field Artlllea-y
Gruber, Maj. W. It., to Norman, Okla.
Lattlmore, Capt. W. C, to Fort KJley.
Shaw, Capt. R. B., to New York.
Qulnn, Capt. P. T.. to Walter Reed Hos?
pital.
To Fort Sill: Armstrong, Capt. W. F. ;
Brenlzer. Capt. H. C. ; Bruma??, Capt.
A.; Crosby, Capt. R. H. ; Cutler, Capt.
B. J.; Danforth. Capt. G. L.; Dawson,
Capt. M. A.; Haley, Capt. T. E. T.;
Lewis, Capt. R. H. ; Matthews, Capt. J.
de W. ; Sheridan, Capt. J. A.; Whitlock,
Caipt L. J. ; Wiener, Capt. W. M.; Yates,
R. W. Anderson, Maj. R. E.; Hayes. Maj.
P.; McBrlde, Maj. H. L. ; Magruder,
Maj. M.; Peyton, Maj. B. R. : Thurber,
Maj. P. L.; Von Holtsendorfi. Maj. J.
B.; Searle, Capt. A. C.
Quartermaster Corps
Bramble, Capt. W. B., to Fort Benjamin
Harrison.
Adams, Lt. Col. F. H., to Columbus Bar?
racks.
Moore, Lt. W. W., to Camp Holablrd.
Cavalry
Arnold, Capt. F. W.. to Chicago.
Kuzink. Lt. Col. J. v., to Fort Bliss.
Engln-ders
Stee-re, Lt. G. M., to Denver.
Stler, Maj. W. D., to Washington.
?Miscellaneous
Thompson, Capt. R. F., Den. C, to Camp
Humphreys.
Torid, Maj. M. L-, Mod. C. to Washington.
Me*"yer, Army Field Clerk P, A., to
Panama.
Smylle, Maj. J. ?.f Coast Artillery C, to
West Point.
Navy Orders
From The Tribune's Washington Bureau
"WASHINGTON, July 22.?Navy orders
Issued to-day foliowt
Marvell, Capt. O. R., to 16th Naval District.
Glussford, Comclr, W. A. "W., to V. 8. 8.
Pecos.
Stott. C'mdr. A. C, to 17. B. 8. Rodgers.
Theobald, Cmdr. R. A., to U. 8. 8. Aba
renda.
AUord, Lt Cmdr. T. N., to Hampton Roads.
Hlnrichs, Lt. Cmdr. R. P., to U. 8. 8. Wil?
liam B. Preston.
Booth. I.t. Cmdr. W. H., to Fuget Sound.
Hustvedt, Lt. Cmdr. O. M., to U. S. S.
Burns.
Moclewski, Lt. Cmdr. R. T., to U. S. S.
Brnnch.
Miles, Lt. Cmdr. A. H-, to U. S. 8. AJax,
Vandervi/cr, Lt. Cmdr. N. R., to U. S. S.
Stewart.
William?. Lt. Cmdr. E. H., to U. S. S.
Melville.
Alfoid, Lt. L. C to U, S. S. Prairie.
Butler, Lt. O. V., to U. 8. Charleston.
Cecil, Lt. C. P., to Washington.
Cook, Lt. 8., to U. 8. 8. John I). Edwards.
Corley, Lt. IV. A., to Destroyer Squad?
ron 14.
Franz. Lt. C. to Chelsea.
Hatch. Lt. W. G. B., to U. S. S. Beaufort.
Hayes, Lt. W. C, to U. 8. 8. Wood.
Hayler, Lt. R. W.. to U. 8. S. Prairie.
Maynard, Lt. G. E., to 3d Naval District.
McCrea. Lt. J. L., to U. S. S. Ramapo.
Reife). Lt. W. McK., to Annapolis.
Trevllle, Lt. D. p., to V. S. S. Argonne.
White, Lt. H. E.. to U. 8. 8. Abarenda.
Coney. Lt. (3. g.) C. E., to U. 8. S. Pruttt.
Johnston, Lt. (.1. g.) J. M? to ?. 8. S. King.
P?t?rson, Lt. (J. g.) A. E., to U. 8. S. Self
ridge.
Tarbutton. Lt. (j. g.) W. E., to U. 8. 8.
Thompson.
Acker, Ens. S. to Norfolk.
! Adam?, Ens. E. L., to V S- S Mullany.
Beard, Ens. J. D., to U. S. S. California.
Becker. Ens. A. E., to U. 8. S. Case.
l?l?.s. Ens J. B., to V 8. 8. Klont.
Brown, Ens. L. A., to U. 8. 8. Barry.
Bunting. Ens- S. S., to U. S. S. Rizal.
Carter, Ens. J. N., to U. S. 8. Stoddert.
Chanter, Ens. H. W., to U. 8. 8. Converse,
Danls, Ens. A. L., to U. 8. 8. Cogslan.
Ellis, Ens. L. E., to U. 8. S. Gilmer.
Fenton, Ens. P. M.. to U, S. ?S. King.
Finn. Ens. W. A., to U. S. 8. Humphreys.
For?yth, Ens. E. C., to V. S. S. Billings
ley.
Haley, Ens. I. J., to TJ. S. S. Fox.
Hare, Ens. T. S., to U, 8. S. Marcus.
Howell. Ens. P. E., to U. 8. S. California.
i Hudson, Ens. R. H.. to V. S. S. Lamson.
I Jackson, Ens. F. H. W.. to Destroyei
Squadron 15.
Kane, Ens. B. B., resigned.
Kf-eth. Ens. A., to V. S. 8. Child?.
Keller, Ens. W. 8., to V. S. S. Denver.
Kll'ingsworth, Ens. AV. M., to U. 8. S
Moody.
Kneelancl. Ens. O. A., to U. 8. 8. Bands.
Leghorn. Ens. F., to U. S. S. Hopkins.
Lelghiey, Ens. H. M., to U. ?. s. William
eon.
Libenow, Ens. L. D., to U. S. 8. Reubei
James.
Maxson. Ens. W. L., te U. 8. S. California
Ross, Ens. J. M., to U. S. S. Preston,
fccheror, Bn?. R. C, to U, 8. 8. Rochester
Shelden, Ens. G. H.. to Philadelphia.
Shejipard, Ens. E. W.. to IT. S. 8. Wright
Sherman, Ens. E.. to V. 8. 8. Bridgeport
Skahill. Bns. B. J., to U. 6. 8. Plllsbury.
Skinner, Em?. <*. R., to TJ. 8. 8. Brooks.
Solomon, Ens. E. A., to V. 8. 6. Lamson.
Stickley, ?ns. D. P., to TJ. S. S. Bridgeport
Suit?, Baa. W. J., to U. S. S. Bridgeport.
Sullivan. Ene. R. D.. to U. S. 8. Bridgeport
Thi.me, En*. K. A., to ?. 8. 8. Dencbola.
Wallace, En?. J. R., to V. 8. 8. Deneboia
Wegforth. En*?. J. F., to U. S. S. Ludlow.
Whitgrove. "Sins. L. D., to U. 8. 8. Deneboia
Wiedorn, Bns. P., to V. S. S. Deneboia.
Zeh.ier. Ens. E. A., to U. 8. S. Nicholas.
Zimmerman, Ens. W. JO., to TJ. S. S. Charle
Ausburn.
Beechlng, Lt. Cmdr. C. L., M. C, to Han.p
ton Roads.
Lee, Lt. Cmdr. X. B., M. C. to U. & 8
Aroostook.
A?sTierson, ?.U W? 2L, 24. C?, to Fortlaat?,
Airplane Navy Only Can Subdue
New Jersey's Mosquito Armies
Lewis E. Jackson, executive secretary
of the Hudson County Mosquito Exter?
mination Committee, which spends
$250,000 every once in n while to kill
otT Jersey mosquitoes, confessed yes?
terday that the newest crop of "marsh
eagles" has the commission absolutely
baffled and that the commissioners are
powerless until winter unless they can
obtain airplanes to fight the pest with
some deadly spray.
This, ho admits, is positively the only
hope. But, Mr. Jackson added, that
dwellers of towns in the vicinity of
the Hackensack meadows should be de?
lighted to know that at present there
are only eight varieties of Jersey
mosquitoes, whereas there were for?
merly forty. But citizens declare the
eight species are plenty and forty
could be no worse.
"If we could spray them from the
air," says Mr. Jackson, "we could win
the fight. But we haven't any air?
planes and the mosquito supply now on
hand and breeding daily will hold its
own against us until winter. But they
are no worse now than they wore ten
years ago in a dry summer.
The present ferocious and absolutely
fonrless mosquito, which has Jersey
lying awake nights, is the femnle of the
species, according to Jackson. They nro
deadlier than the male. In fact, the
male mosquito never bites a human be?
ing, but male or female Ji?rsey folks
have just about drained the drug stores
of oil of citronella.
For more than a week thero have
been several sleepless nights for
mosquito stricken Jersey. As a result
"mosquito parties" have come to be all
the rage. When it is found sleep is
impossible, friends phone each other
and arrange midnight parties, at which
games are played, into the early morn?
ing hours, when the pest? cease flying
and buzzing about the rooms and light
on the window screens, where they are
easily subdued.
Bath House Not Beached
After investigating tho accident at
the Battery on Friday, when the gang?
plank of the floating bath house fell
into the water, injuring one woman,
Colonel Frank H, Hines, Superintendant
of Public Buildings, reported yesterday
that the accident was caused by a swell
from the steamship Resolute, which
rolled tho bridge from its moorings.
Colonel Hines declared the bath house
itself did not hit the rocks, as was re?
ported, and that there was no panic
or running around of people in Battery
Park.
The only resulting injury was that
of Mrs. Sophia Berola, of 39 Henry
Street, who was on the gangplank at
the time, and fell with it, receiving a
?prained ankle.
Three Drown While Bathing
Michael Pagano, seventeen years old,
of t>3 Hopkins Street, Brooklyn, was
drowned yesterday in Sheepsheati Bay,
off the foot of Jaffrey Street. He
dived off a bulkhead and did not re?
appear.
An unidentified man about twenty
two years old was found unconscious
in the water at the foot of West Twen?
ty-first Street, Coney Island. I hysi
cians worked to resuscitate him, but
their efforts were UBeless.
The body of David Connor, nineteen
years old, of Webster Avenue, New
Rochelle, was found yesterday morning
in a lake on Daisy Farm, on Wilmot
j Road. He had been taken with cramps
1 while bathing.
State Democrats
Urged by National
Chairman to Aid
Confeti Hull Says Repub?
licans Are Ready to Aban?
don Party in November;
Approves Raising Fund
A letter from Cordoll Hull, chair?
man of tho National Democratic Com?
mittee, to Herbert C. Pell jr., chair?
man of the Now York Stato Commit?
tee, and Frederick A. Wallis, chairman
of tho flnanco committee, indorsing
the raising of a campaign fund here
for use in the November elections was !
made public yesterday.
"I earnestly call upon the hundreds
of thousands of Democrats of the
great Empire State to sustain you,"
wrote Mr, Hull. "Through you I would
givo them this message:
"The Republican party is rapidly
disintegrating, through total lack of
constructive leadership. Its members
are deserting it by thousands becau?o,
in this critical period in the nation's
life, it has shown a completo absence
of ability to serve the people, even
though they be in the throes of hun?
ger, unemployment, unhappiness, agri?
cultural suffocation and industrial i
paralysis.
"Instead, the leadership of the Re?
publican party has chosen this time, of
all others, to force upon the country
greater tax burdens; laws for the ben?
efit of special interests, liko the pend?
ing tariff bill, which will increase the
cost of everything the average man has
to buy to sustain life.
"In a little more than a year the Re?
publican party has proved itself in?
capable of conducting the government
in any way except toward chaos.
"With these thoughts in mind the
people are turning to the polls in No?
vember to elect a new national Houm
of Representatives, one-third of the
national Senate and state tickets in
practically nil the states. They arc
going to express their opinion or the
manner in which the Republican party
lias served them since the beginning of
1921. And they are clamoring for in?
formation,
"It is the dt-ty of tho Democratic
party to receive them into its fold, and
upon the leaders of that party, na?
tional and state, rests the responsi?
bility of showing them tho path."
? ?
Firemen Jit Gas Masks
Subdue Ammonia Fumes
Tenement Residents Ronted
From Beil? When Cylinder
Break? in Ice Cream Plant
Gas masks and rubber hip boots were
used by firemen in an hour'? battle
with ammonia fumes nt 017 Eleventh
Avenue yesterday. Residents of near?
by tenements were routed out of their
beds at dawn by the penetrating gasses
which were loosed when a cylinder
head at the plant of Shevcr's Ice
Cream Company blew off. The Elev?
enth Avenue block between Forty
sixth and Forty-seventh streets was
flooded with the fumes and several per?
sons wore slightly burned.
Employees who tried to stop the
flow were driven back by the pungent
gasses and eventually driven from the
place. By the time the firemen ar?
rived the houses in the neighborhood
were empty of residents, who took
hastily to the open air in their night
attire.
Lieutenant Thomas Kilbridc, of the
iescue squad of the Fire Department, |
took charge of the job, and led a party
equipped with gas masks and hip boots
into the basement, where they worked !
for an hour to reach the main valves, j
Tho men were burned on their heads i
and the upper parts of their bodies.
After the main valves had been closed
the plant was cleared by the use of i
electric fans and work was resumed.
Style, Quality, Comfor?
For Men. Women and ChildreM
If you have any foot trJB.
t tures or foot ?*?t*ZM
you will especiad app^J
the. Arch Preserver ShoS
during the extremely helm
weather of the next t"j|
?fl?d pS?lwho'r^ th0U?
-^n^omraftirJatixin. ?
"?IESp stomer Tell3 Anl
*9 *>_____rV ?M_|____P' '??"??' -^^ __? T__Fl jlI a. _ a *' MlfW
|-^Y ~\ a * fouira that style i., a creeS
vvitn us-\and absolute cVnfort a law, *W
Due to th\ ligrfc, firm, ?^?TJh^ally proportioned anS
constructedT*?e*\ arch, secVely anchored at both enddf
the outer arch of your footVests on a firm tread base!
as nature intended, just the\_rne as if it were restintf
on the floor. This relieves Ihe strain which alwavfl I
comes when your foot is raisedron a high heel, withou?
a firm support under the arch. 7
Without obligating you to purchase, you are cordiall*>
invited to call and see how perfectly and comfortable
we can fit you in this fine, stylish shoe. 7
Y??S&SSf Arch Preserver Sh<* Shop, be.
f^^^^S^k 42S Fifth Avenue and ? ^?t 38tl> St,
^^s^e^va New York City?
I 5-S--SI2 V Telephon? Murray Hill 7270
*
Mail and Telephone Orden promptly % '.filed.
Telephone { LONG ACRE 8oco.
West 42nd St
(^Between ^th-and 6th cAvenues)
West 43rd St
Semi-Annual Sale ?'U JKIN 1" 1 UKL Now in Progress
This includes our entire stock. One of the most comprehensive collections We ever assembled.
All at 10 to 50% OFF this season's former prices.
Distinctive, dependable furniture, embodying the high character workmanship of America's foremost makers.
CHAMBER FURNITURE:
4-pc. Suite in Bird's Eye Maple * . $330
5-pc. Suite in American Walnut. . $475
(Twin Beds.)
4-pc. Suite in Antique Ivory. * . $365
DINING ROOM FURNITURE:
io-pc. Suite in American Walnut.... $295
9-pc. Suite in Mahogany. . . . $255
io-pc. Suite in American Walnut...? $425
io-pc. Suite in American Walnut...? $700
4-pc. CHAMBER SUITE (as illustrated)
fn Two-tone American Walnut or
Mahogany. 48'in. Bureau,
?Sow End Bed, Vanity
Case and Chifferobe...
$275
LIVING ROOM FURNITURE:
3-pc? Living Room Suite in Mohair, $325 3-pc Suite in Tapestry , ? ? $148*50
2-pc, Suite in Mahogany and Cane... $160 3*PC- Su*te in Brown or Taupe
Mohair. , . . _. . .. $198-50
(Upholstered in Mohair,)
to-pc. DINING ROOM SUITE (as
illustrated). Queen Ann design in Ameri?
can Walnut. ?2-in. Buffet, China Closet,
Enclosed Server, Oblong Extension Table,
5 Side Chairs and 1 Arm q> ?**> q j*
Chair.. ? . . * . ?^JOD
(1)?Low Boy of solid mahogany, for
hall, bed room or living room...? $45
(2)?Mahogany Secretary, with lat?
tice work; cl?w feet; fitted with
two roomy drawers . ? . * $60
?Q/? Sp?cial Purchase Enables Us to Offer These
Misses' Coats and Wraps
At the Noteworthy Price of ? . 825*00
Wraps for either sport ot dress wear?and such youthful
styks, the sort you like from the very' first glimpse.
Every fashionable fabric?silk capes with fringe and smart wraps of
Woolen fabrics. In solid colors and in jaunty plaids for sport and
utility wear. Sizes 14, 16 and 18 years.
(4)?Solid Mahogany Chairs and
Rockers ; upholstered in Mohair
and Velour. . ? ? . Each $21
(5)?Mahogany Library Table; 30*60 in.
top; handsomely carved; two
drawers; paneled carved ends.... $65
MISSES' SILK or FLANNEL SKIRTS
Tailored models. Solid white or in plaid effects with a white
background. And there's a wide assortment in <b'm1 EL[f%
these plaids, so that one can match one's sweater, ?^ & +J\J
Women's White Footwear
Radically Reduced for Immediate Disposal
Group L-$5.85 Group IL-$6*85
Almost every pair of white shoes that we have
is included in this sale.
White kid sandals and strap pumps for dress, canvas pumpi
and oxfords for afternoon and morning, buckskin oxfords,. some
plain, others trimmed in black. Low, Cuban and Spanish iieels?
Not all sizes in every style, but all sizes represented in the assortment?
cAt left? White two-strap washable kid pump; Cuban heel, $5?85
cAt rights?White canvas one-strap pump; Spanish heel . . $5*85
f3
12-Button Length
" MILANESE
SILK GLOVES
Remarkably Low Priced for Monday at
pair
A fine quality and exceptionally well
finished glove for this price. Double-tipped
fingers. Paris point backs.
WHITE and PONGEE.
cA Timely Clearance ?Monday of
Children's Smart
Summer Dresses
A large and varied assortment of hand
smocked, hand-embroidered models in
white and colored organdie, voile, cham?
bray and dotted Swiss.
$1*95 (Were $2-95 and 3-5?)
$2*95 (W*re $3.75 to 4.50)
$3*95 WW $4*95 to 5.95)
$4*95 flWfc W* to 7*95)
Sizes 2 to 6 years. Second Floor.
Glove Silk Underwear
Featured at SPECIAL PRICES for Monday, ?t
GLOVE SILK VESTS finished with either
real filet or Irish lace. Full length. Pink or orchid,
?Extra ?Quality Glove Silk ^Princess Slips
and Step-in Panties?all in one. Shadow proof. Scalloped
bottoms. In black, navy, pink, taupe,
orchid and white. Less Than Half (h/: QC
Regular Price. - - ? To Close Out -CpO*VD
GLOVE SILK PANTIES?Step-in style.
Full cut; with real filet or Irish lace. Pink or orchid,
GLOVE SILK ENVELOPE CHEMISES
finished with real filet or Irish lace. Pink or orchid,
GLOVE SILK NIGHTGOWNS?Some
with real filet edges, others finished with Val. lace.
Still others in plain tailored effects. Pink only, .
SALE on the MAIN FLOOR.
$2.95
$345
$5-50
Women's Separate Skirts
oAn Eventful Summer Clearance
100 smart silk sport skirts in all the lovely patterned silks
pf thts season, including washable Fantasi, Raphsodi, fancy spiral
?epe, Country Club, and crepe de Chine. Chiefly in.white.
Sizes 26 to 34 waistband
Special Clearance Price: &7J50
325 wash cotton skirts beautifully tailored. Fancy pockets,
in such materials as cotton gabardine, surf satin, cotton tricotine
*nd imported ratine. White and color*. Sizes z7 to 34 waistband.
Special Clearance Price: $5*00
