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II FOR RETAIL TOE ? ? X Forecast Says Recovery Will Be Gradual, But Firm. Better conditions in the retail trade loom Tip with the coming of 1932. with the 4kpectation that recovery will be gradual, but Arm. according to a state ment Issued by the National Retail DryrtJoods Association. The statement saysj; prospect in retail tra*J? Jjr 102*;- as defined* by representative members of the National Retail Dr> Uood* Association doing business In the larger cities of the I nited States and?in many of the smaller cen^?J3? is far a twelve-month somewhat bet ter, ion the whole, than 1921. Recovery promises to be gradual wit" v?Iy large sales volume expected from the early fall until the close of the year. "Twis auspicious outlook is not held, however, throughout the south, where the ascertain future of cotton creates extffirae conservatism, while the southwest hopes for a prosperous year only' through large crops or higher croB prices. "Pmctically all agree in anticipating more stable business conditions, with prides little changed. Retail mer chants have taken, during 1921, the nmaTlest net profits on w;hich they can do -jjusiness. Any decline in prices musi originate with manufacturer, whose reductions the retailer can pass on tt> the consumer. The opinion is that the other factor capable of bring ing""about reduction of commodity prices Is lowered freight rates. ; Report br Sectioae. Sectional report on business condi tion*: "New England?New Englnad antici pates general improvement as unem ployment in local industries decreases. Merchants would Welcome lower prions. but as a rule are expecting a stiffening of prices with a slight drop In certain lines, with prices maintain ed on standard, advertised brands of merchandise. ?'Middle Atlantic states?Retailers generally look forward to a gradual improvement for next year, with a decided turn in business 'ate next suminer and very great activity for fall with the end of the retrenchment ? period. They look for a gradual de cline unless the downward trend is checked by the manufacturers. "Southern states?The south is di vided as to the retail outlook. Rich mond and New Orleans are optimistic, counting on a favorable spring with larger sales in the fall, as do also I.ouisvllle. Atlanta and Birmingham. The south, on the whole, expects a decline in prices. "Central states?General improve ment in retail business is expected In the middle west with the excep tion of the city of Cleveland, where very slow recovery is anticipated, de- | pending largely upon conditions in the steel and textile industries. Grand Rapids reports great activity In the furniture factories which augurs well for con'.dence in a gen era) business revival throughout the : country. The feeling is that prices] are gradually being stabilized The close of 1922 should see prices some what lower than thev are tndav. "The west?In the west 1922 looks ' faverahle. but the first few months are expected to be slow, with im provement toward the end of the spring. Reduction of freight rates is oonsidered an important factor In the west, where the belief is that lower transportation charges will stimulate manufacturing and buying. "Pacific coast?Exceptional busi ness in the fall of 1922, basing con fidence on hope of large crops and in belief that unemployment will then have been eliminated. Washing ton ' and Oregon anticipate light spring and summer trade because of inactivity in mining and of low prices of agricultural products. Heavy de mand for lumber In Washington and renewal of mining operations are ex pected on the north coast." EXPLORER TO REPORT ON PLANTS DISCOVERED Wilfon Popenoe, Back From South apd Central America, to Lec ' u ture Before Club. Wilson Popenoe. who has been on a plant-exploration trip In South and Cen&al America during the past three years for the bureau of plant industry at the Department of Agri culture. will speak at the January meeting of the Takoma Horticul tural Club at the Takoma Park BraSch Library Wednesday evening. Mr. Popenoe has brought with him a nimber of new flowers and fruits, .including a new Chilean strawberry, eevezal varieties of raspberry and blackberry, a hardy pawpaw and a -variety of avocado, which ne will .deidHbe in his talk. He also took a : large number of photographs of the regions he visited; from these colored lantern slides have been made, which ?wilUfee shown at the lecture. The Takoma Horticultural Club held", an unusually successful series of eight flower, fruit and vegetable sho#'s during the past year. G. P. Van'Eseltlne, -tfho had charge of the arrangements, was elected president of the club for 1922. James M. R. Adams will take his place as chair man of the exhibition committee. Othtt officers and committee chair men-elected at the December meet ing are B. Y. Morrison, vice presi dent; R. Y. Kerner. secretary; W. B. Emerson, treasurer: B. Victor Lums den^ landscape gardener: W. T. Slm motfB. chairman of purchasing com mittee; H. C. Skeels, chairman of membership committee, and Prof. David Lumsden, chairman of instruc 1 ^^/uouy/iouf Me S/ore : Tie P-B <Semi -^Annual Clearance Sale z ZA/on yornyan/ - Awemie a* Nintfi -? ?The House of Courtesy January Clearance Begins Tbmorrow You know from past years that in this Sale every consideration is canceled?save one?CLEARANCE. So you'll have opportunity to buy to unequaled advantage?merchandise of unequaled merit ?'? The Very Comeliest Dresses Are Pitilessly Reduced $ --v.-. 1 j? I I I M I % ?h i I p i i i 1 $ The rule laid down by the January Clearance policy overrides every tie that controls our stock of Dresses. Into three lots we've gathered the fine, and the finer grades. We Are Making Deep Sacrifices in The Fine Coats ?Ruthlessly Reducing Them 5 Dresses for Street Wear Dresses for Afternoon Wear Dresses for Every Informal Occasion Taken right out of our regular stock?with all its ex-, . j delusiveness and excellence?handsomely embellished. Canton Crepes Crepe-back Satins Georgette Crepes Crepe de Chines Satins Poiret Twills Duvetynes Tweeds Tricotines Serges I^VBIW?IWiBIW>lli*>i?iill!tliil!ri^.?IBtffnllffl']|l|1l III!'.1: mill?nil It's a splendid variety? touching the high - grade weaves; including the most exclusive models? belted, bloused; full or fit ted?tastefully embroid ered and braided; with throw scarfs; t a s s e 1 e d trimming; and handsome ly lined. Fur-trimmed Coats Plain-tailored Coats Dressy Coats Sportive Coats Here, too, you are choosing from our regular stock ?Coats that have approval of the best fashion. ? Combinations Good assortment of sizes in the vari ous models. Important Blouse Special $6-95 We've made one group of the finer exclusive Blouses?in Satin, Crepe de Chine, Georgette, Canton Crepe? plain tailored; embroidered or elaborately trimmed with fine lace. Regardless of what they have been. Choice., ? ;.-.v\Xxs\\X.s^\;\\ss\xVax\\\x<xX\Uv;;vv\^'.v^^Vx\v.\,\^ .\.i.XNX\^X\^&\X?* ii The Cloths Are? Pollyanna Bolivia Normandy Veldetta Velour Saxona The Furs Are? Beaver Squirrel Australian Opossum Wolf Mole Fox Sizes for Ladies and Misses. ... .v ,\>v?v\Wx. Woa' a-.'.o .? V Truly Extravagant Cutting of Our Superb Suits Reductions Unprecedented $ i Another Deep Reduction All Furs Never So Low Priced as Now Let these Suits have your atten tion, for it's a wonderful oppor tunity?with both smart and conservative models?even staple models?from which to choose. Suits of the very highest grade of production. Plain-tailored Suits Fur-trimmed Suits Sports Suits I % Some are elaborately embroidered; some effectivefly trim med with braid; silk lined and expertly tailored. 1 I | 1 I The Weaves Are? Veldyne Duvet da Lain* Moussyne ? Tricotine Llama Poiret Twill The Furs Are? Squirrel Male Kolinsky Squirrel Wolf Australian Opossum Fox The Finest Suits In the House are in a fourth group? Reduced to And never a better selection of skins than is represented in these garments and pieces. The en tire stock is included at the revised prices. For Example: Kolinsky Marmot Coats?36 and 40 inch lengths; plain and Opossum or Raccoon collar and $69-50 Natural Muskrat Coats. 36-inch Near Seal Coats. $99-50 $120-00 $295-00 36-inch Natural Squirrel Coats 36-iHch Hudson Seal Coats, with Beaver. flJO J/J AA Squirrel and Skunk trimming 45-irtch Scotch Mole Wrap, Squirrel trimmed $389-00 40-inch Jap Mink Coats.... $329-00 Jap Weasel Stoles...... $55-00 Jap Kolinsky Stoles.,. $69-50 Skunk Stoles; extra large skins.. $115-oo Black Lynx Stolesextra large skins $82-50 Jap Mink Capes;, tail-trimmed $135-00 Cross Fox Scarfs. $55-00 Black Fox Sets......... . ? ...j M4 Fox and Wolf Sets and Scarfs; and Chokers in the popular Furs. All at equally great reductions.