Evening Star Newspaper, January 2, 1931, Page 20

OW-PRICED CREDIT ELD HOPEFUL SIGN Washington’s Broader View Tempers New York’s Local Gloom. BY MARK SULLIVAN. A summary of the best Washington | opinion about business prospects cur- ing the coming year is marked by three characteristics. One is deep-seated con- | wiction that conditions will be better. | The second is hesitancy to say thi because already the country suflers, to quote a quip that must now be familiar to everybody, m orediction.” The third i5 a real w lead the public into e: mediate and extravegant activity Judgments about future business arising in Washington at all timos have & characteristic differing from judg ments arismg in New York. Washi ton, to a larger degree, deriv information and the psychological in- | fluences entering into iis juds s from sources scattered_throu! United States. New York ju tend to take on the local co community in which a lacg normal prosperity at all ti upon rise in the quotations of values. The mood of ¥ both extremes of a bus more extreme than that o the country. The differer 1y psychologically, is important. Reports Are Optimistic. ‘The reports Washin; from throughout the co ir the shape of statistics and in the form of informati:n abcut local states of | mind, are more optimistic is com- monly assumed. About the volume of | Christmas trade, two reports are re ceived. One is that the volume was| actually greater than a year sgo and | on the whole was thoroughly sati: factory. The other is that the shel of merchants are almost literally empty both of Christmas goods and of olhir' latter condition it at when normal consump- tion resumes it will find manufacturers | 11 | ever, be influenced by the United States. necessarily creates the presumption of' an immediate and spectacular increase in business activity. The facts about past predictions, however, say that the stage of a business depression which expresses itself in chesf credit con- stitutes g once the final stage of de- pression and also the first stage of re- covery. Such low-priced credit as is certainly assured for an indefinite fu- ture period is, so to speak, a bridge, of which one end rests on the cause, which is the past depression, and the other end rests on the effect, which is the resumption of accelerating activity. . Credit to Be Cheap and Ample. . The outstanding fact, which can be reliably depended on, is that credit is going to be low-priced and ample. ‘Washington does not lose sight of the fact that there are in other parts of the world unfavorable conditions. These conditions cannot be controlled by the United States. They can, how- It is anticipated, both as a fact and as a responsibility, that recovery by the United States will provide leadership in recovery for the rest of the world. PHILLIPS IS INDORSED FOR VIRGINIA JUDGESHIP U. S. Commissioner at Alexandria Backed by Bar for Judge Groner’s Place. StafT Correspondent of The Star. RIA, Va., January 2.— Commissioner John Bar- | ps of this city has been unani- ndorsed by the local Bar sociation as a candidate to succeed | Judge D. as judge of | I ourt of the Ea: . Judge Groner, ated to be promoted | t of the District of | s of the r nth judicial circui ddition to this city Arlington, and Prince Willlam Countis Youth, 19, Is Missing. ph M. Suite, 19 years old, was | g from the home of his | ora Campbell, 5123 Eighth street, where he resided, since Sunday morning. > left there in his auto- mobile to drive a friend to church, police were told. i 0 Four-fifths of the automobiles owned n Brazil were bought en_time. | and dealers unprepared, therefore, lead to a marke of volume. In spite of drought in som and of other untoward cond where, the aggregate of reports the country is decidedly not gl The Wichifa Kansas Eagle, for exa ple, comments on the favorable pros- pect for local raisers of hogs and cattle. | Hygienie ille Tennessee Journal re- = o . blishment of a new hign, | Towelsand Toilet Tissues in the Knoxville wholesale Prevent Contaglous Diseases Spread- |} ing in Schools, Factories and Homes Such local fragments are. of course, | insufficient basis for any Nation-wide generalization. They and similar evi- dence from many other points do show | that the country as a whole is not so gloomy as New York suppos ARE YOU | QUALIFIED? Bank Failures Understood. | A large corporation in The three considerable bank failures | | Washi i e e o e York, Bhiladeinhia || Washington has decided to enlarge its sales organization and Ifiauu\'fllc and the smaller : elsewhere are completely unde with men of i ales ex- Washington. When understc : cirr Smnbmedin Sve seens a5 by s perience. Ii accepted, you :Ipicé:l:auw us ur will receive excellent train- o bl e ing in sales work and the as- : sistance of experienced men. have existed for banks to put ol themselves in liquid condition by o qualify, you must have chary in the extension of cred character, at least a high- Business customers are now b school education, satisfactory be past. The pril ¢ ety this has been the usua references and a willingness to learn and work. sire to take care of h end demands. It is i s Teasonably soon the b: he position 1s permanent only renewing loans willl a offers unusual oppor- tually urging sound cu to m e use of more credit in proper ways. This tunity. anticipation is based in part, but only . in part, on the certain cheapness of Address Box 264-R, credit for a considerable time to come. | tar Office. It is now poseible for business paper to be discounted at the New York Re-| serve Bank at a rate which is the| % cheapest in the history of the Federal Telephone National Reserve System a C | of any bank in th e 5000 tion recently put in effect in New York has already been following by approx For immediate delivery of The mately similar reductions in two other | | Star to your home every evening cities. It is anticipated that similar| | and Sunday morning. The reductions will be made in substantially | | Route Agent will collect at the 8l the citles having Reserve banks end of each month, at the rate what Such o ‘Washington authorities who comment| | of 1% cents per day and 5 cents on this are careful to refrain from s Sunday. ing that a low rediscount star ne PULIN & MARTIN PRICE! 2 Tk | EncLisH Bone CHINA DINNERWARE Rare values in Royal Worcester, Cauldon, and Coalport English Bone China services which are being closed from our regular stock. Dis- tinguished, hand-enameled, regular open stock patterns to which additional matchings may be made by special order. ROYAL WORCESTER 106-pc. Dinner Set, regularly $446.66. Dinse g $223.33 OPEN STOCK INCLUDED AT HALF-PRICE CAKE PLATE—Regularly $8.50—NOW........$4.25 CHOP PLATE—Regularly $11.00—NOW.......$5.50 PLATTER, 14-in.—Regularly $13.25—NOW...$6.62 A. D. COFFEE CUPS—Regularly $48 Doz....$24.00 CREAM SOUPS-—Regularly $868 Doz 35-pc. BREAKFAST SETS Blue, green, red, tan. S Regularly $20 SPECIAL TABLE Imported Tea Cups and Saucers HALF PRICE! SPECIAL TABLE Imported Open-Stock Dinnerware HALF PRICE! DuLIN @ MARTIN Connedicut Ave. anad l” 23 Fur Collar and Cuff Sets, Now 5225 $6.95 and short SHEWL=s: W lars with large cuffs..of imitation wolf, fox, vi cuna, Caracul, etc. For- merly $8.95 to $15.00. Kann's—Street Floor. Faskioned Bemberg HOSE 69¢ 3 Pairs for $2.00 Good-looking hose, noted for Icng wear and economy. Bemberg to the top, with lisle feet for extra wear— in sizes 8'% to 10, and such fashionable colors as Gun Metal, Muscadine, Duskee, Plage, Promenade, Bahama, Brownleaf and Black. Kann’s—Street Floor. Special Purchase Beaded Neckwear $1.59 to $3.95 Values $1.00 —All the smartest dresses for afternoon and evening are using beaded collars— and here you will find the newest shapes of soft glistening _ satin, beaded with sparkling simulated crystal beads in_beautiful colorings. Some have cuffs to match. Kann's—Street Floor. Regular $1.00 Neckwear 57e¢ -A_manufac- tur surplus lot of neckwear ~offering smart new styles of lace, linen, pique, satin, crepe de chine, et Kann's— Street Floor. Fine Silk Umbrellas Irregulars of §7.95 Grades $3.95 —This value is due entirely to a big spe- cial purchase. Sixteen- rib styles of silks, also of fine imported mix- tures, in plain and all- over patter: With smart new handles. Kann's—Street Floor. Lambs GLOVES $1.59 —These are the gloves the smart woman wears with street and semi-formal cos- tumes. Clever cuff styles of soft imported lambskin, in brown, beaver, mode, gray and fawn, with backs stitched in contrasting col- ors. Sizes 53 to TVa. Kann's—Street Floor. Girls’ Street and Party Frocks Specially Priced $1.79 Sizes 7 to 14 —A specially purchased lot of dresses, rep- resenting one of the best values we have offered in months. Every dress smart and new. Fashioned of plain and printed rayon flat crepes—all-wool tweeds—etc.—in popu- lar colors and styles becoming to young girls of 7 to 14. Kann's—Second Floor. French Crepe Undies (One of the January Sale Groups) $1.69 —A dainty assortment of garments to bear such a low price tag—Stepins, Slips, Chemise, Dance Sets, Panties and Gowns—cleverly tailored or trimmed with laces, ribbons, tiny pleats and tucks. Pastel colors. Sizes for misses and women. Other Sale Groups Include Pure Dye Crepe de Chine Undies. ... Ostrich-trimmed Negligees e - Hand-embroidered Philippine Gowns. . Sample Cotton Undies, 79c to $1.50 values. .59¢c Novelty Flanelette Gowns, 59c each. .2 for $1.00 Cotton Crepe Pajamas and Gowns 88c Rayo Crepe Slips 59c each, 2 for $1.00 Kann's—Second Floor. Sale! Silk Tunics Usually $5.95 and $8.95 $2.95 —The tunic style appears to grow more and more popular, and these graceful new models will make them even more so. The materials are flat crepe and satin, with new neck lines, Russian type, in l&vilyzgrlgm shades, also black and brown. Sizes o 20. : $5.95 Silk Skirts, $2.95 —Smart skirts to wear with tunics, made on band or bodice. The materials are flat crepes. In black, navy and brown. Sizes 14 to 40. Kann’s—Second Floor. 1,200 Non-Run and Delustered RAYON Undies Tailored, Lace Trl'mme:i, Appliqued 690 ea. —Beautiful garments designed for the hard wear of every day, and priced to attract the thrifty. They are cut amply large, specially reinforced at points of wear, and neatly made of non-run and delustered rayons in pastel shades. The following in regular sizes— Gowns Combinations Chemise Bloomers Step-ins Penties —Extra size Chemise, Bloomers, Stepins, Panties and Xgests or(1 delustered rayon In tailored styles, also at c each. Kann's—Street Floor. Smart Leather Bags Regular $4.95 Values $2.95 —You would hardly expect to pay so little for bags as smart as these. Pouches with top and back straps—pouches and envelopes with zipper fasteners—small dress bags with lift-lock catches. Bags of calf, morocco and goatskin leathers, in black, brown and green. Neatly lined and fitted. Kann's—Street Floor. Kann’s 60c Kapital Kandy, Tomorrow, 2 Ibs., 95¢ Delicious Cocoanut Kisses, Special, 29¢ 1b. Kann's—Street Floor. Metal /‘ Stitched Crepe HATS —Every woman likes these soft little hats of stitched crepe . . . it may be that their well cut brims flatter while they afford just the touch maturer faces require . it may be their feather lightness, so comfortable over long hair . . . or the metallic stitching. Whatever it is, we find it hard to keep enough of these hats in stock! Kann's—8Second Floor. Rhinestone Jewelry For Formal Wear $1 —Bright, sparkling rhinestone jewelry to accent the charm of your afternoon or evening cos- tume — necklaces, earrings, bracelets and brooches in clever styles and shapes—some of rhinestones entirely, others combined with baguettes. Kann's—Street Floor. A Special Sale—500 Pairs Children’s —Oxfords and high shoes, guaranteed to wear, a new pair if they don’t. Five hundred pairs to sell at this low price. Fashioned of tan elk, coffee elk, black calf and patent leather. Styles for dress, play and school at an attractive low price. Kann's—Fourth Floor. “MERRY MAID” Arch Shoes $5 —Fifteen different styles, designed for the smart woman who demands style plus comfort. Two - of the newest mod- els pictured. DeLuxe Merry Maids—$6 Pr. Kann's—Fourth Floor.