The sun. [volume], June 27, 1915, Second Section Sporting and Automobiles, Page 18, Image 18

About The sun. [volume] (New York [N.Y.]) 1833-1916

Image provided by: The New York Public Library, Astor, Lenox and Tilden Foundation

                
18
THE SUN, SUNDAY, JUNE 27, 1915.
BIDS FOR CITY BONDS
! BY TWO SYNDICATES
Rf roiitf (inmps of Hniikeis Will
Jin lie Offers for All of $71,
000,000 Issue.
crun piticE is uwnn
The orfcrliiK of )71."0rt,(i(i New York
elty bonds to tio nmile on Turwlay will
tirlrnr out "all or nonr" I'ltl" by two
of this strongest bitn1ln? iyncllcnts thnt I
rnulcl ba formel In tlis rnuntry. accord
ing to report In WnH'Sttrrt yestentay.
It Is bcllovr.l in the ntiancl.it district
that In on of th BymlleulM will be the
rroup foniKd by J. I'. Morgan .t Co..
the NaMon.il City H.uiK. the I-'Irot Na
tional Ita nV i Willi niKiK'Inlnl bond
hoiiicn. Tho other bid for the ntlte
Imtif of bond'. It In If ported, will bo
m.nlo by a nyndlcatn compwril of Kutin.
l.oi:b tc Co. mill William A. lUud &
Co.
The necexsity for unusual otieiiKth In
the fyndlraVs prepared to bid fur tho
entire lue wni unite apparent yeBter
d iv to bond men. The Hire of the lMH
nt a tlnio when the bond market la
).My In the chief reason reiiulrlnR un
usual baiiklni: ctretiKtli. Investors nt
tho present time nro hohlltiK off from
putting money lino perinunenr pun
rliiiecr. Knropo Is si'lllm? to th!i country
n bin eupply of American bonds iih the
j-isult of the IiIkIi :l.teret IioIiik offered
1u the meat new Itrltlsli war loan, nhd
the outlook In tho Rvnernl bond market
la not particularly uicoiiniRliiit.
Itnrrly Hid for Cll l.onn.
J. I'. Morgan K Co. have In recent
yerd rarely nppeared n blddern for i
city loan. In times of spwlnl need this
firm has come forwaid mid taken A
1tf,lttp n.irl In the Mnnneliii; of the cltv.
This wan demonstrated In n way that '
m.itl llniuicl.il hMurv last September,
Tihen with Ktihti. I.oeb & Co. the Mor- 1
enn linn organized the syndicate that
financed the S10U.000.ono loan to the
city to pav Its debts abroad.
Tho Kuliti. I.eob & Co.-Wllllam A.
Itesd & Co. syndicate, lias been very
miccessful In bidding for both Htat mid
elty loans. One of the most quickly
euccesful loans of n State or city that
has appeared In several years was the
f 31,Ann,onO I' per cent. New York Stnte
lfsue of January, t'.tll, whtch this i,yti
Olcate bought and sobl the next day In
tin Investment demand that took the
wholo Issue In Ues than ii business day,
The syndicate also got the JG&.PU0.000
Issue of New Vork city t'J bonds of
April Inst year, tho last Untie of city
bon's before the emergency I'sus of
1100,000.000 In the fall.
The blddlnc of these two syndicates
will be watched with great Interest In
Wall Street because the price of the Issuo
nnd Its relative success In subsequent
offering are regarded as a crucial test
of the Present Inveetment demand and
financial temper of the country.
During the past week It became more
r.ppnrent that the Investment demand was
not a strong one and that the elty would
probably have to be satisfied with a
comparatively low price. The lionds on
the curb have dropped from 103 , the
high a week ago, to 102;, the closing
jestcrday. While the curb price affords
little real Indications of the price the
bonds should bring. It Is generally recog
nized that the Investment market has
had to take for several weeks, paitt
eularly during the pust week, a very
heavy amount of high grade American
bond's from London.
Ilnjlns of tiuoil nalltr.
Tho r.uylng here has been of excellent
luullty. Men of great wealth have been
anxious to get at present prices tin
American railway and industrial bonds
held In Kurope. Bond men said yester
day, however, that tho bond market,
though condition. were fundamentally
Found, was tired. Attractive' bonds
could be sold, but the buyer was the
rovernlrg factor as to price.
The prices of railway Issues of gilt
edged character sold by Iondon In tho
Jit wek showed only a moderate and
Tiotyinnatural recession from the closing
of ttii previous week. The prominent
Atchison Isvues have lost ti" more than
Ti of a point and some hae gained
H or Heavy selling of Central Ha-
clflc first 1s brought only decline
and Burlington 4 dropped only The j
Pennsylvania leeuc-a lust not more than
1i point, with somu Issues gaining
slightly. The Union, Southern nnd
Northern I'aclflu underlying Issues
rhowed about the same declines, with th
exception of one losuo III ach road,,
which declined about l'v point. I
Theso declines weru luokod upon by .
tond men as by no means a sign of un
healthy underlying conditions tn the bond
market They were accepted, however,
"us Indlca'loni, that there wns no aagic- i
Ive demand for bonds.
1
STATE TAX URGED FOR
HUDSON STEAMBOATS
Just ice II own rd Advocates Con
sfitiitlonnl Clwnigo to Aid
Property Owners.
Albant, Juns 26. Supremo' Com t '
Justice Wesley O. Howard has wiltten I
a letter to Willis U lleaton, former Hur- ,
rogato of Hensselaer county, hiiggestlng '
that th) Constitution be so amended as
to provide for tho Imp' jltlon of a tax ,
on the Keumbo.it llnt.4 of the Hudson.
Itlver between New Votk and Albany
and other points on the liver
The direct tnx of f 10,1)00,000 Just I
levied could well have In en borne by;
these steamboat lines, Juittco Howard i
urges, whllii It Is a tfenifiidous blow to
property owners already heavily taxed.
Juetlce Howard writes;
"Many propositions Jim been pre
sented to tha constitutional convention
for consideration, but the tubjeet of tax
at Ion Is the one Hupieme question, us I
view It, which the convention should
consider. Sonio method should bo do- I
vlkud to relieve those who are loaded i
beyond their strength by oppressive,
taxes. ThlB constant and growing bur
den, which rests heavy on the backs of
many, should be shifted hy sonm device
to the shoulders of thou ho will be
mconccluus that they are eairytng any
burden. A clnuve should hu iiireitcd In
ihe Constitution whii-h will permit the
J.eslslaturo to work out a scliemo
whereby this great reform can be accom
plished, j
"Instead of levying a direct tax of '
tlf.OOO.Ou i un the l.inikd property of!
the State It would have been will It the
J.eglKl.itir c could have taxed t lie tiJttlc
of the Hud-on Itlvei. Tho light to navi
gate this irii'it highway and tho other
water highways of tho St.ito Is or hu-
pienso aluu. All sorts of rights and I
ranchlses are taxed and yet this great I
lght goes untaxed. Tho navigation
companies carry thousands of tons of
freight on the Hudson ltlve and convej
multitude: of jiats.ngers uu and down
Its leneth, but they ay nothing for the
tlirht. I' iv Tirtvtievn if diiving a l00
uiitornobiln imi a country road should lie
tV(,A,!,AlA?,y ,n) Prlvitej., of prupelllinr
tt 15,000.000 steamboat on tho Hudson
Jtlvr ahould be taxed,"
Vacation Deliveries
Include "shopping at Macy's" in your plans for this vacation. Wherever
you go either our efficient Delivery System or Mail Order Department will
bring to your door the savings this store alone provides. And regular de
liveries to nearby resorts form only part of our Summer Service. A staff of
expert shoppers stands ready to do even your buying, save you money and
to save you the trouble of coming to the city at all.
R. H. Macy & Co.'s Attractions Are Their Lew Price.
0(
6
Herald Square. B'dway,34thto 35th St
TIT TtT
A'AVo
ff M 1 M 1
A Vacation But Where?
Before you decide come to Macy's. Our Public Service Bureau may
suggest a way to add to your pleasure without adding to the cost. Or it
may plan a better route, "a shorter way, a less expensive trip with more to
see and enjoy. Whatever you plan to do this Summer, the Public Service
Bureau is anxiuos and willing to serve you without cost and without price.
Silk Poplin Bathing Suits
Three New "Slip-on" Models
$4.49
Lustrou Navy Blue
and Black Silk. Poplin.
Smartly Trimmed with
Bright Colored Satini.
N'
EVER was there a more picturesque mode nor a
more practical onel Simply a graceful one-piece
garment, that may oe worn over a combination,
making the most fetching "Beach Suit" imaginable, or
equally desirable for the girl who swims.
llhittraUd are three smart models. There are other models,
equally becoming in style and attractive in price.
Black Satin Suits $6.94
Two models In Kinpirc effect, with shirred and corded skirt,
shirred bodice and ruffled slee'es. Another model features a cross
over bodice bound with black braid and a box pleated skirt wiUi
deep circular yoke.
Chiffon Taffeta Suits $7.94
Copied from a Pam novelty, this clever model haj a pleated
strapped bodice with high collar so designed that it may be worn
low if preferred. The skirt, circular, and very flaring, conforms
to the newest silhouette.
Mohair Bathing Suits $2.89
Complete with Bloomers, well made Suits of black or navy
Mohair trimmed with lingerie collar, braid and buttons.
Mcy' Third Floor. Oatre.
Japanese Hand-Embroidered
Silk Kimonos Reduced
For quick clearance, prices on these luxurious
Japanese Negligees' have been very radically reduced.
The collection embraces garments typically Oriental
in every line; fashioned of soft silks, silk lined and rich with
heavy hand-embroideries in effective floral patterns.
In rose, wistaria, navy blue, king's blue and in black.
Kimonos originally $11.74
Now $5.94
Kimonos originally $13.74
Now $8.94
Mucy'd Third Floor. 34th Stntt.
These Smartest of Summer
Dresses Are of Silk
TAFFETA leads in popularity, with Crepe de Chine a
close second, while from the viewpoint of colors navy,
black and white are accepted favorites.
The Dresses featured in this offering are extremely
simple and correspondingly smart; their modish lines
constituting their chief charm.
Accordion pleating is cleverly introduced to give the
fashionable width to the skirts.
Dresses at $13.74
(In Crepe de Chine.)
The two -tier skirt and
blouse bodice are closely ac
cordion pleated; satin piped
and finished with wide folds.
The dainty collar knotted
in fichu fashion and the deep
cuffs are of organdie and
Valenciennes lace.
Dresses at $15.74
(In Taffeta and in Crepe
de Chine.)
A trifle military in style,
with white kid silver braided
belt, and silver buttons. Clus
ters of accordion pleats al
ternating with wide box
pleats form the bodice
and skirt; collar and vestee
are of white Georgette crepe.
Mry' Third Floor, Broadway,
3
Dress Patterns of Net,
Voile or Linen, $4.96-
I T7 LA BORA I ELY embroidered, these are the season s
Hi latest novelties, usual wholesale prices of which
are from S6.50 to 813,50.
Only 200 of these very effective Robes, from which
may be fashioned the smartest of Summer Dresses. In
White Handkerchief Linen White French Voile
White English Net
Fabrics of fine qualities,
richly embroidered in floral
patterns and in stitches
that can hardly be dis
tinguished from hand embroidery.
The skirt circular and
very flaring is embroid
ered in deep bordered de
sign, and for the bodice
there are embroidered
fronts, cuffs and back.
Marj'.-SUtn Floor, iloth At.
The Moat Abused Word in the Dictionary
( f J f replace merchandise or to
Guaranteed sasfy you in any other
reasonable way.
Further, Macy's advertising is our
' word to you that we will make good
at all times any statement appearing
under our name in an advertisement.
We do not make much ado about
say
has
Everybody who con
ducts a store or manufac
tures a commodity is ready to
"We Guarantee" until the word
lost its power.
We have tried in this store for
over 57 years to live up to the spirit
of this word without juggling with
the letter.
If you ever buy an article here
that does not prove satisfactory this
store stands ready to refund money,
the word "guarantee," but we are con
scientiously devoted to the principle of
"money cheerfully refunded."
This is our idea of "guaranteed."
fry",- ' Wm ' M IrM,
Wik- 19,24 -$7.4 I
$9.24
Quaibit Imidliami Splieit Fwmtaire
Reproducing the garnishment of Oneida Indian lodges, the graceful ruggedness
of these pieces makes them fittest furniture for the life of forest and open.
backs are woven of oak splints reinforced with metal
bands. Cool, attractive in appearance and just as
attractive in price.
The sturdy four-square frames arc made
of true forest oak in golden, fumed or "bog"
oak finish; the springy, comfortable seats and
Arm Chair (illustrated), $9.24; others at $9.74 and $10.24. Stitte (illustraUJ). $15.24.
Rotktr (illustrated). $9.24; others at $9.74 and $10.24. Square Table (illustrated), $7.49; others at
$6.24 and $9.74.
Tea Wagon (illustrated), with tax top, removable tray, rubber tired wheels, $17.74.
Suing (illustrated), suspended from unique stand, $15.24.
Four-piece Set, seats upholstered in tapestry: Arm Chair, $9.49; Rocker, $9.49; Settee, $18.74;
Square Table, shelf at base, $9.24.
Chinese Grass
Furniture
Woven of braided Chi
nese sea grass that holds
its pliability, reinforced
with strong, elastic cane
and rattan. Cool, springy
and comfortable.
rtocfcM. $6.67 and $6.89;
Chairs, $6.24 and $8.24;
5eeej, $12.24, $12.89 and
$15.74; Tables of oblong
shape, with woven grass
top and shelf base, $7.24;
Cakt Stands, four plates,
$6.34.
Charming Willow Suites
In forest green, tango brown, cream or frosted
brown enamel, or in any finish desired. The
identical pieces offered last week by a reputable
store at "reduced" prices that were almost double
these ettryday Macy prices.
Five-piece Suite, consisting of Settee at $9.74;
Arm Chair $4.74. with pocket $6.74; Rock'r $5.67.
with pocket $7.24.
Three-piece Suite, with large roll arms and flare
backs: Settee at $21.24; Arm Chair $10.49;
Rocker $10.89.
Fibre Rush
Furniture
Comfortable, roomy
pieces; some with roll
arms, others with uphol
stered seats and backs; in
rich brown and other
colors.
Arm Chair, $8.24;
Rotter to match, $8.67;
Settee to match. $13.49;
Arm Chair, $7.24;
Rocker to match, $7.49;
Settee to match, $12.74;
Rocker, with seat and back
upholstered in cretonne,
$11.24;
Irm Chair to match,$ 1 0.89
Mrj't Forntturr Drpt. Mxth Kli.or.
FITTED
Travel Rolls
Limousine Catti)
$7.24.
b l KLMfai!'
K S . 'I
T V.v'
iiiwtV'V.Ji
The above illustration will give
you an idea of this compact
little case so convenient for
the traveler.
The tneJetalt prltt quoted was
brought about by mi excep
tionally l.'trtic Cash purchase;
the standard price of a Case
of this kind being fio.00.
Made Of fine Block Morocco Italhtr;
workmanship of the very best;
all silk lininRs, in assorted colors.
Ten fine white fittings and steel
scissors Mirror. Comb, Hnish,
Talcum Holder. Tooth Brush and
Tooth Powder Holder. Buffer with
shield, Soap Box, ScisMjrs, I;ile
and Button Hook.
Folds up smaller than any other
case with the same number of
fittings. Usually called "Lim
ousine Cases" nnd are indis
pensable to the Traveler.
Macy' Main Floor, ,14th Ml.
Attractive Savings
Saimitary Somminnieir Rungs
In need of a Summer rup? See our fine display of the
Crex grass rugs. Japanese grass rugs, imported and domestic
rag rugs, jute rugs, Belgian rush rugs and Shirvan art rugs!
Note
prices coming at the very
moment vou need Summer
rugs wilf be of exceptional
interest.
These Unusual Prices on "Crex" Rues
The usual Macy prices on
these popular prairie grass rugs
range from 5 to lO'o less than
elsewhere, so these special
All are new this season, and the patterns and
colors may be matched in the various sizes.
There are the usual band border, Grecian K-y border, and scroll
border patterns, and in plain shades in addition and several new
designs that are to be had only at Macy's in New York.
Representative sizes:
Sizes. Plain. Figured.
18.X.30 ill., 28c 32c
24x48 in., 44c 54c
27x54 in., 59c 68c
' 30X60 in., 69c 79c
36x72 in., 99c $1.09
4j&7Htt., $1.89 $2.14
6X9 ft., $3.24 $3.48
SUes.
6X12 ft..
8X10 ft.,
8X12 ft.,
9X12 ft..
9X15 ft.,
12x15 ft.,
Plain.
$4.74
$4.89
$6.24
$6.24
$8.14
$11.74
Figured.
$5.24
$5.34
$7.24
$7.24
$8.89
$12.74
"Miles Standish" Colonial Rag Rugs
White Shoes
For The
Summer Girl
After all there Is nothing quite
so attractive as
dainty W h i t u
Footwear. Our
assortment is
now complete
and we have a
lull range of
sizes in all the
The very kind, we fancy, Priscilla Alden used, onlv these
are made from new cloth stripped into rags, while Priscilla
doubtless found it necessary to use rags from old clothes.
Washable and reversible and come in any color or
combination you could wish. Typical Colonial bands
across ends in harmonizing or contrasting shades.
1X7 ft.. S2.44 I 8X10 ft.
36X72 in., 51.64 6.9 ft., $4.89 I 9x12 ft.
Mcj' Fourth Floor,
24X36 in., 59c 1 30x60 in., $1.19
27X54 in.. 98C I 2
S7.24
S9.24
$2.97
newest fashions of the reason.
White Canvas Pumps and
Oxfords, $1.98, $2.97 & $3.49
The Pump illusUaitd at $2.97 is
of White Canvas, outlined in
Black, with Black Louis heel.
White Buckskin Pumps of excel
lent quality are $3.69 and J4.96.
For Sport Wear
White Rubber-soled Shoes, .97
to S5.94.
Mtfy.'t-Beroml Flsor, 85th St., Bur.
Oaimrtty Lace Trimmed
Scrim Gunrtaios
VERY light and pretU for summer and unusually prac
tical for open windows, because they can be laundered
and replaced so easily. 2J yards long.
Priced at $1.24, $1.49, $1.74 and $1.98 the Pair.
Those at $1.24 and $l.os arc particularly good value.
Our Special Order Department
is always ready to lend n hand
In making summer homes and
bungalows coy and attractive.
We'll give Miggestions. mb
mlt designs, samples and est!-
Mu'-riurtli Door, .15th HI
mates lor draping and furnish
ings, shades and awnings, slip
covers nnd recovering furniture
phone Greeley 6100 (Up
holstery Dent.) and our repre
sentative will call.
Fine Handkerchiefs
A specially selected assortment for Men
and Womenat very attractive prices.
Stock up now for Vacation time.
Men's Handk
landKer
Hand - Embroidered Ini
tialed Linen, 6 for $1 .34
Maty$ Usual Price $1.74
Fine quality with corded
Iwrdcrs.
chiefs Superior Quality
Pure Linen with Initial
6 for 64c
Verified Price Elsnchtre, Sl.00
A variety of pretty Initials.
Pure Irish Linen Extra Large Size (each) 24c
Mteyt Usual Price (each) 29c.
Good duality: made with i and S Inch hand thread drawn hems.
Women's Handkerchiefs Dainty Designs
Linen Initial 6 in Box, 98c
Heavy quality l.incn ui'h
Hand-Embroideitd Ma
deira (each), 38c
Macy's Usual Price 49c
Fine quality; several beauti
fut designs.
embroidered wreath,
importation.
Our o.mi i
Imported Silk Crepejde Chine H'dk'fs. (each) 24c
Verified Price Elsiuhcrc, 50c each
Pink, blue and lavender with U inch white border,
white with colored border.
kerchief for dress occasions.
Exceptional quality. Dainty
or mi
lian i
Hand-Embroidered Linen
Initial Handkerchiefs
6 for 49c
Convent embroidery in wreath
effect. Pretty designs.
Mucj-n-Mnln Floor
Pure Irish Linen
. each, 12c
Maiy's Usual Price ISc
Sheer quality with K or "4
inch liaiid-thread-drawn hems.
Jlllh .strrrt.
A Timely Clearance of
White Cotton Fabrics
At Prices Unusual
An event of importance -this sale of White Goods just
at a time when wanted. The balance of an Importer',
stock bought at such concessions that we are in a positioi'
to quote prices unequalled in New York for the qualitie,
offered. Just a few of the interesting items:
Novelty Embroidered
Voiles (yard) 33c
American made copies of
French Voiles in beautiful
designs. 40 inches wide.
Gabardine (yard) 24c
Macy's Usual Price 39c
Medium weight; .16 inches
wide: nothing better for Suits
and separate Skirts.
Your choice of the following Imported weaves
at (yard) 33c
Macy's Usual Prices Were 69c, 19c and 9Sc
Crepe
40-in. Snow flake Crepe
40-in, Imported Silk Stripe Crepe
10-in. btnpc anu necK e-rope
40-in. Ratine fie Crossbar
40-m. Tussah Crepe
44-iu. Peau de Mouton
44-in. St. Quentiri Lace Crepe
Seed Voile (yard) 24c
Macy's Usual Price lie
40 inches wide.
Herringbone Stripe
Gabardine (yard) 39c
Macy's Usual Price 49c
A novelty material 36
inches wide.
Clip Tape Stripe
Voile (yard) 39r
Two pretty designs. 3r
inches wide.
Corduroy Pique (yard) 39c
36 inches; ideal for cos
tumes. In the faahionabl
wide wale.
Yard wide Long Cloth (10 yd. piece) 72c
Macy's Usual Price 9Sc
Soft finish, dependable quality; desirable for
underwear and Infants' apparel.
Marjr'i Nrrond Floor. Centre.
Dine on the Loggia
Where the air is refreshinglv cool and you are far aa
from the din of the streets. The choicest of food, damtii
served generous portions at moderate pri-es. A h Cart-sen-ice
or Afternoon Tea gentlemen may smoke, if t!u
Care tO. Kiprr nnatnr, ar.lh Mrcrt llntranrr.
Keep Cool in a
Cravenette Mohair Suit
$12.75
WOU'LL enjoy real comfort
to a degree you've never
known before in one of these
skeleton lined suits.
And your wife can tell you
how well cravenette mohair will
wear. And if she gets around
town much she may have
noticed that equal grades cost
from 515 to 518 elsewhere.
Come in neat dark and light
stripes, and plain weaves in
serviceable shades for summer,
silk trimmed; some French faced.
Ah
MKool Krash" Suits
$8.75
Very practical, comfort
able and serviceable will
wash perfectly, as mate
rial is thoroughly shrunk.
Both regular and Norfolk
models in tan and gray
mixtures.
"Palm Beach" Suits
$7.75
Made of genuine "Palm
Beach " cloth (cold water
shrunk) which will not
shrink in washing. In tan
and gray. Have French
facing.
MaiV.-Flfth Floor.
9
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