The Seattle Star Newspaper, December 9, 1921, Page 7

DEPOSITORS ha ha Pelt hou FRIDAY, DECEMBER 9, 1921, $140,000 SAVED FOR Claimants Against Defunct Bank Reap Big Benefit by Waiting By Robert B. Bermann Depositors in the defunct Scandinavian American bank are 149,000 better off—potentially— they were when the insti tu closed its doors, last sum: mer, according to KR. A. Langley, special deputy supervisor of banking, in charge of liquidating the bank's assets, “Ry waiting until ndw to dispose of the bank's Liberty and Victory bonds," Langley announced Friday. “we have saved the depositors just about $140,000, as the sedurties have increased in value that much since the bank closed,” HOPES TO PAY BY CHRISTMAS Langley reiterated his statement that he hopes to issue warrants for the full amount of every proved 4+ posit in the defunct Institution before Christmas. He added, however, that this was contingent upon obstactes Which may arise in the form of legal tion and mechanical difficulties. Unies one is familiar with the situation,” he said, “it is impossible to realize the tremendous amount of work to immuing the warrants Just think—it takes a girl three days of Steady work to number the 22 000 claims, using a mechanical rubber mamp. “One of our greatest difficulties is the duplication of names. There are more than 1,000 Johnsons, for in stance, and hundreds of Olsons, Lar fons, Andersons and so on. There are 17 John Johnsons, without any! identifying middle initial i bo sara wras-x “We have guardea against errors, | however, by giving @ serial number to every claimant. “We are working evern night until 31 o'clock, and, if humanty possibile, we will have all the warrants out be | fore Christmas.” each.” Ubraries. taken by: olist. |make the fund insolvent therefore bad to work fast. “The average deposit of the | That sign hung in front of a thea: | tre here when a performance was W. L. George, the writer, Sir Gilbert |given for the benefit of children’s | Parker, novelist; Alfred Noyes, poet, . And the show was worth it, The Three leading women’s roles were | w claimants is approximately §363— | BIG PRICE TO SEE AUTHORS ) Miss Rebecca West LONDON, Dec. 9.—Tickets, $25, | Herbert Tree, brilliant poeters. And among the men actors were! Miss Iris Tree, daughter of Sir and W, Pett Ridge, humorist ¢ George and Princess Mary |]! “Mr. Langley,” he sald, “had liqul | Gated enough of the assets to matiaty 22,000! approximately 20 per cent of the claims, and the half of 1 per cent ax Job which means that, if we hed takea sessment which the fund levied ore Duke, state supervisor | 44.) deposits in their regular order, we|against its members should be if, and secretary of the would have been forced to issue 2,000) enough to bring this up to 25 per state bank guaranty fund board, who is in Seattle assisting Lang: ley, branded reports that the lewed small depositors are to be | positors “squeezed out” as ridiculoys. less than 100 warrants. “The reason why we isued the first RARLY WARRANTS $700,000 worth of warrants to bie de CAN'T BE COLLECTED Positors only is apparent.” he ex ONS we 7 “In order to ipvy an assens. ean you give than a term of tuition in USIC. DANCIAG, EX- PRESSION. FRENCH, or @+ ticket for s LECTURE COL or for THE CORNISH PLAYERS! A handsomely engraved card of Presentation.will be fi b 7s ene ye furfilabed by Telephone Capite! 6200 } | them.” NOT A JEWELRY SALE BUT A SALE OF DIAMONDS «We are offering dur entire stock of $756,000 worth of dia- monds at astounding reduc tions, saving you AT LEAST 35 per cent. THE CHANCE OF A LIFETIME A diamond ts a good in- veatment when bought right A written guarantee with every diamond we sell to be exactly as represented or money refunded Could we be more fair? We offer the following specials ‘a Tiffany Diamond Ring, mee." $295.00 Almost \4-carat Diamond. Neau- Wil setting." $97 OO $175 Value Two-carat perfect | IMamond. Gent's Diamond Ring. Almost Reguiar $80, Sag % carat special . Special Handsome pair Diamond Ear- Tiffany Diamond Ring. $125 i208" snap... $110.00 Opal and Diamond Cluster Ring, Special... $85.00 ‘We have only one each of the above specials. No duplicates. See our window display. It will pay you to investigate. We POSITIVELY SAVE YOU MONEY. Let us prove it. AMERICAN JEWELRY CO. Bargain House for Diamonds 821 Second Avenue, van Established 1889 Marion THIS IS THE NEWEST SHAPED U 1320 2nd. AVE. OPPOSITE RHODES warrants. This would have been alcent, I can’t say.ju physical impossibility in the time al | assessment wil} bring. instead, we selected big de | should be around $250,000—maybe a nly, and thus had to issue | | was to put the fund in the averages. | bnnued. | fund at present, and there will net be until all warrants have Drema been issued, and, anyway, Ihave weet seers peactical must pay on o@ stetetly propor. 4 sree tionate basis. So ne depositor, Christmas Present whale Ma, dates he fer 99) ee “My interest In thie matter ts the | depositors’ interest, and they can be assured that they will get every pen [ny that we pomsibly can raise for w much this nut the sum few thousand more or lees.” Duke explained that the reason for the hurry in levying the aseeeunent wition of making a second levy early next Amsesamonts are levied erage deposits for a calen ct immediately to get axsens mente against both the 1920 and 1921 Baby Hugged| to Death by| Her Mother | Duke is practically certain that the! caused the death of 3-year-old Mar |garet Coughlin, daughter of a Chi- | cago policeman, The child's body, |was found dismembered and half. cremated in the home of Mrs. Rachel Upstairs, the | police found Mrs. Penses lying dead | Penses, a “neighbor. across her bed. The theory is Mrs. to dewtroy the tragic evidence. Witt Will Talk to jthe Y¥. M,C. A. auditorium, Witt ia expected to enlarge on his report to | the city council acheduled to he rendeved next Monday afternoon. In| view of the meeting the Municipal | league will cancel iis regular Tuew day noon session. levents a Needle LONDON, Dee. 9.--Dr. H. 8 Bout vented a new surgi contains no eye. Tt ing material, is fas the size of the needle, thus prevent ing any drag. ‘The ‘inventor gave ture, or sew hia pateht to the hospital, n ‘The play? It was “Not So Bad as} Miss Rebecca West, leading nov.) We Seem,” written in 1851 by Lord! | Lytton. When it was first produced |} “Margot” Asquith, wife of the Charies Dickens took part and Queen | | Victoria attended | | | dividend which the guaranty board the guaranty fund, we first had tO/ hones to pay before Christmas will We had) be 25 per cent only « day's notice to do this, and) nd it was therefore nears | A mother’s unyielding love for her |}, three lost children is believed to have, Penses, thinking of her lost ones, | hugged Margaret to death, then tried Municipal League} Peter Witt, Cleveland transporta- | tion expert, will discuss the Seattle | Municipal railway before the Muni. | cipal league ut 8 p. m. Tuesday in Without an Eye tar of the London hospital has in- | needle which | {| Into a tube THE SEATTLE STAR FREDERICK & NELSON FIFTH AVENUE AND PINE STREET SATURDAY— Gifts in Haberdashery For Boys BOY'S seeming carelessness about clothes doesn't prevent his liking the new things and smart things in» haberdashery—his first Initialed Belt Buckle or the “last word in tie-patterns” makes quite an occasion for him. Initialed Belt Buckles, with silver or nickel front— 50c to $1.50. Boys’ Leather Belts, to wear with initialed buckles, 50c to $1.35. Leather Belts, with plain harness buckle, 50c to $1.00. Boys’ Cuff Buttons, 50c to $1.00. Boys’ Suspenders, in Christmas boxes, 65¢ and 85c. Boys’ Ties, in the new ‘narrow shape, regimental stripes, novelty weave and knit effects in silk and fiber, 50c to $3.50. Boys’ Handkerchiefs, in plain white or with colored borders, 20¢ to 50c each. « , Boyd Bath Robes, $4.95 to $10.00. Boys’ Wool Hose with fancy tops, $1.50 to $3.50 pair. Boys’ Blouses, collariess or with attached collars, in percales, ginghams and madras cloths, $1.00 to $3.50. Boys’ Shirts, with attached or detached collar, in per- cales and madras cloths, in stripes or plain white, also Fiber Silk Shirts, $1.50 to $5.00. Boys’ Jersey Sweaters in pull-over styles (some im- ported), in all-wool and wool-and-cotton mixtures, and in plain or school colors, $2.50 to $3.50. Boys’ Outing Flannel Pajamas, in two-piece style, with frog fastenings, $1.85 and $2.00. Boys’ Leather Gauntlet Gloves, 85¢ to $2.50. Boys’ and Youths’ Pull-over Middy Sweaters of me- dium or heavy worsted yarns; sizes 24 to 38; $6.50 to $12.50. Boys’ “Indian” and “Cowboy” Suits, $2.25 to $3.50: —Third Floor Gilbert Mind-building Toys Combine Fun‘and Recreation With Instruction ILBERT TOYS cover a wide range of boyish am- bitions—does he wish to become a bridge-builder, an electrical or civil engineer, an airplane builder or “the world’s greatest magician’? There is a Gilbert Outfit to keep his mind working and his hours happily busy right along the line he has set his boyish heart upon. TOYTOWN DISPLAYS include a compre- hensive line of the splendidly constructive Toys, as per the following suggestive list: Erector Sets, $1.50, $2.59, Phone Sets,’ $5.75 and $10.00. $2.50, $10.00, $15.00, $26.00 Depot Phones, $5.00 and $35.00 Wireless Outfits, $5.50 and Wheel Toys, $10.00 and $15.00, $10.00. Motors, $2.50 and 5.00, Transformers, $6.60. Hydraulic Qutfite, $10.00. Magnetic Outfits, $3.76 and $10.00. Bhockers, $8.56 Puzzles, be, 60c, $1.00 and Light Outfits, $10.00 Pops Sound Outfits, $7.60 dental Sided ee: Veit Weather Outfits, $12.50 and $5.00 Mutt and Jeff, $1.50. Civil Engineering Outfits, $16.00. Carpentry Outfits, 0, $5.00 ia saben and $10.00, Si utfits, ena! Designers’ Outfits, $1.50 and Glass Blowing Outfite, $5.00. $2.60, Mineralogy Outfits, $7 Picture Framing Outfits, . Mystic Magic Outfits, $1.50 Chemistry Outfits, $1.4 5 : , $5.00, $8.75, $15.00 $2.60, $6.00 ana $10.00 . oe Coin Tricks, $2.50. Hlecirical Sets, $6.00 and $10. Knots, $1.00, Tele Seta, $2.00. \ Card Tricks, $2.00. THE DOWNSTAIRS STORE Domino Sets In Composition Ivory sores $6.95 iT as the chess-player values unique paytns, the domino-player will be delighted with these Domino Games of fine composition ivory, with black markings. “Double-Six” Sets, in slide-cover » wood boxes; special $6.95. Stationery Bection, First Floor Satin: Brousile Baskets and Boxes At Special Prices HESE handy catch-all Baskets match the hinged-cover Glove and Handkerchief Boxes—in Rose Du Barry or Blue satin brocade, with gold galloon trimming. Baskets in two styles; spe- cial $2.75 each. Glove or Handkerchief Boxes, special $1.65 each. ~Aigie Table, First Floor Smokers’ Gifts For Comfort and Convenience Nested Ash Trays (as pic- tured), that contain in small space Ash Trays for every chair arm, in nickel finish, $4.50, $5.50 and $7.50. Other Trays in brass and bronze fin- ishes, $2.50 and $3.75. Humidors in walnut fin- ish, nickel, mahogany and oak finishes, $7.50, $9.50, $13.50 and $15.00. Cigarette Boxes, $4.50, $6.50, $7.50 and $9.50. Combination Ash Tray and Match Holder, in brass, $1.50, Smokers’ Stands, in ma- hogany, $6.00 to $12.00; in bronze and brass fin- ishes, $8.50, $10.00, $16.50 and $18.50; in nickel-finish, $5.00, $7.50, $15.00 and $17.50; in Polychrome finish, $12.50 and $15.00. —Third Floor For a Little Girl Chum CHRISTMAS Apron of bright. ly flowered Cretonne—or one of unbleached Muslin or Percale, with ruffles 'n pockets—would be a dandy gift! Many styles, and sizes 6 to Many etyles, and sixe: yeais. Priced 65¢ to —Be Another Day to Visit TOYTOWN and See Santa in His Post-office A “Hankie” For Every Day Each in a Different Color and with a “Day” of the Week Carefully Embroidered in One Corner! HE box of 7 Handkerchiefs is just. as attractive and sensible an inexpensive gift as one could well choose for a small girl. In an unusually pretgy package, $1.25. A PRETTY FOLDER contains 3 little Handkerchiefs with colored embroidery in corner, representing children at play, 35¢. THE ANIMALS OF THE JUNGLE are embroidered to accompany initial letters on handkerchiefs which come neatly packed, 3 in a box, at 60¢. CHILDREN’S HANDKERCHIEFS of colored Irish lawns, with colorful*embroidery motifs, are excep- tionally dainty and only 15¢ each. © —First Floor — DOWNSTAIRS STORE 50 Smartly-styled Coats For Women and Misses a $13.85] i VERY low price to pay for Coats of such good style and material. They are well-tailored from soft velour cloth, in Navy, Dark-brown, Black, Dark- green, Reindeer with silk linings. Sizes 16 to | 40. Uncommonly good value at — $13.85. , —THE DOWNSTAIRS STORE It 720 Pairs of ‘\. Women’s Silk- and-Mercerized Stockings Special 50c Pair 6 ligt es new Stockings are in the very smart drop- stitch effects—ar@ in the brown heather color- ings so popular for wear with calf Oxfords. In silky, lustrous finish, and in sizes 814 to 10. Special, Saturday, 50c pair. —rur Downstairs sTORE Winsome Tub Frocks for Girls Special $1.30 OME of these little | Frocks make very ef- fective use of plain-and- plaid gingham combined, as at left of sketch; others are of all-plaid or all-check gingham. With trimming of rick- rack, picot edging, pip- ings, hand-embroidered sprays, rufflings and pearl buttons. Special $1.30. . —THE DOWNSTAIRS sTohkis Cut Glass Comports, Special $1.00 S shown in the sketch. Clear ; ; Glass Comports, of grace- . ey ful shape, cut in pleasing floral e yj patterns. Also at this price, 9 aed few large Bowls and Plates— i special $1.00. A SPECIAL 50¢ EACH Cut Glass Jelly Nappies, Com- ports and Candlestick Vases (which may be re versed and used for vases). Special 50¢ each. Ten Electric Table Lamps Reduced to $9.75 One and two-light styles, with ornamental metal bases and metal-and-glass shades—sharply under- priced at $9.75. —THE DOWNSTAIRS STORE =arere