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STUDY the ostonshing low | ices of raw materials today. \ They explain graphically why i record values are where. BUT don't forget that Pen- ney's is in a unique position i to beat even these new low |] | prices! | THINK of the buying power of these_more than 1450 H stores! Think of the great sexes AT PENNEY'S “i 111-113, 4th Street Bismarck, North Dakota out... eager to terms for the colossal cash orders we place! No wonder Penney’s sells for less! No ‘wor 2 It Pays to Shop at Penney’s Men’s Full Grain Among the best... yet costing less! Cait Oxfords Cnsinisithiagtiiininen: Marathon Hats for Smart Fall Wear! 2 scmnicmy: 2-98 any ing e1 in overa Others at $2.29 and $2.79 acy’ wr 70s seedy ty om m0 ot 3.98 Come in now—PENNEY’S of- fers greater clothing value than ever at lower prices. Fine Come in and examine their et at lower Quality eoe Style oo « Fit =. ania: “Peni-Arch” wee owed combination a cares bet Black calfskin. $4.98 THE NEW “Waverly” Outstanding Value of the Season Shop PENNEY'S for clothing and know the true signif- icance of value at @ low price. See these suits NOW —for they are the greatest values in over a decade. Fabrics include worsteds in medium and dark shades— several models including the one shown, «+. you'll agree that nowhere else but at Penney's are such hat values obtainable! 4.98 o1 f° black calfskin. These will take a splendid and Smart... New Golf Hose Overcoats tor Boys For style-wise men who want quality and looks at a modest 16. 7 5 19c to 39c price. One piece or 8-quarfer . ... stunning new cassimeres land twists... smnart colors. A cap made for wear. Inpect the expert tailoring of H quisite materials and their smart colorings . . . note the excellent linings. Here is Clothing Value that you will find at PENNEY'S and else. Good looks and long wear com- bined in colorful Jacquards . .. and priced at the lowest level in years for such fine quality! A Fancy aeeae Beys' Shirts | 69c ith these broadcloth values. i . See them and you'll know what Pd et yg a ‘ve mean when we say “Com- Men's and Young Men’s. ; ‘ rousers | * : MOY | Stee 2% tw 5%... 1 ee Re Superb Shirts anes aor GBS | ozs (Come prepared to carry off more than one. You'll be un- happy unless you do, For these are sighty values! Excep- A remarkable fall trouser value _ ttional broadcloths make them . . . and they’re tailored strictly expertly tailored from quality > fancies . . . smart solid shades heroes a AG Sizes 2%; to 5; - $1.98