The evening world. Newspaper, January 25, 1921, Page 5

* oF of labor cost and inefficiency. AND LABOR HAL BOOM IN BULDING Capital Not Backward on ! Loans, but Builders Not f Eager to Face Risks. A large number of building con- tractors and construction men met|destroyed the building of Mendel & to-day at the Engineering Building, No. 29 West 39th Street, to listen to|Chapel Street, and spread to several ‘nddresses and discuss means for or- Fanizing to meet the building problem this city, Clarence Kelsey, head of the mort- ‘gage department of the Title Guar- jantee and Trust Company, spoke on capitalizing construction, saying in (part: “There is no great difficulty in the ‘matter of capital, not nearly so much ‘as 16 generally supposed; at any trate, s0 far as mortgage money is concerned. It is true that the in- come surtaxes have driven the large individual and the estate mortgage ‘lenders out of the market, but their Place is being taken, in a measure, by fhe small ones through the activ- ities of the title, Insurance and mort- gage companies by their methods of cutting up the large mortgages into small pieces, represented by certifi- ¢ates, sold to small investors, The banking institutions also are eoming back into the market to some extent and are making loans on their Own account. “With regard to the balance of the Capital required to carry tne equity, there is, I believe, greater difficulty nd that difficulty is involved to a considerwble extent in the costs of Jabor and material. Aw lomg as these costs remain so high it is evident that the builder or owner has to have a Much larger amount of capital of his own than was formerly necessary. “But. neither the martgage lenver nor the owner is eager to proceed till the costs of labor and material come down. This [I believe to be the crucial point to be covered if we considering @ great construction de- yelopment. It will not take place on | the current scale of material costs “Recent exposures of the way ma- terial costs have been kept up are very interesting. It is a bold man who will proceed with an extensive building programme until assured that these combinations are aban- doned and that real competifion in price can be secured. Neither will there be a building movement till labor comes to its senses, . “During the past two years there has been only one application to my firm for money with which to erect an apartment house, and this was granted. Men have not the cour- age to ask for money in view of existing conditions of material and labor, fearing the request will be re- fused, “In my judgment it is in the hands of the labor unions and the material men to correct the whole vicious sit- uation.” WOMEN AS LURES FOR TAXI HOLD-UPS They Pick Out, Possible Victims “ and Tip Off the Drivers of the Vehicles. Young women are being used to} Jure victims to taxicab bandits ope-| rating New York and New Jersey. ‘The scheme is said to have resulted In some rich hauls, one from a man who was robbed of a watch and dfa- nionds worth several thousand dol The plan is illustrated by the of a young wo the ewkirk Avenue Brighton Beach line in x. an who left ation of the Brooklyn a few nights ago. A woman asked her if she might walk with t she was frightened by. the nur of re- nt hold-upe The woman bandit arned her companion had no mone?) th her, <A taxicab drove alongside he woman bandit called out: er mind, Bill. She is a eheap| She has only a nickel.” A yrocer who had $1,000 in his pocket was accosted by a woman who asked him to walk with her as a pro- tection against bold-ups, She drew | from him a statement that he had no And at the next corner @ taxi ahi blaze was under contro! at 4 o'clock IN ZERO WEATHER, $1,000,000 Lass Starts in Department Store and) Spreads to Other Places in ~ Business District. NEW HAVEN, Jan. %.—Fire, which Freedman, a department store in adjoining structures early to-day, did damage estimated at, $1,000,000. The after three hours’ hard work by the firemen with the mercury. registering | nero, e The fire wrecked entirely a fivv-| story storehouse of the H. M. Bullard | Company in the rear and did some damage to the building of the Chat- field Paper Company ahaec. § Mer- sick in State Street. ‘The Besse ! Richey Building and the Charles 5. Monson Company in Chapel Street, the Western Union Building and the Bullard store in Orange Street, all these buildings being adjacent to the | rear of the Mendel & Freedman Build- | ng. The calling out of every piece of | apparatus for the one fire was the first occurrence of the kind in seven- teen years. The low temperature made handling of the blaze difficult, but it was completely under contro! at 4 o'clock, and when the danger was over the police reported that no one | had been hurt. | ‘The fire's origin is undetermined, I, is thought to have started, how- ever, near an elevator in the Mendel & Freedman Building. man gave the alarm. fire company had arrived the flames were spreading rapidly. ~ DENY UNDERWRITER FIGURES Development Goctety Asserts Few Fires Are Caused by Electricity. The Soclety for Electrical Develop- ay took exception to figures in @ reprt Issued Saturday by the Na- tional Board of Fre Underwriters charg- ment to: The waichs Before the ] | from 1915 to 1 tricity. population of "The total is 138,668," ing that electricity was the principal lessness."' HE EVENING WORLD, TUESDAY, JANUARY 25, 19 cause of fire loss in the United States 919. The underwriters’ report showed fire | losses for the five years of $1,416,375.000, of which $84,086,471 {9 charged to elec- The society's statement de- clared that It has reports from 345 towns and cities with an aggregate 28,495,851. in 1919, nu ber of fires recorded the statement said, which number only 3,568 in residences and commercial bulldmgs could be In any way traced to electrical origin. That is 2.67 per, cent., and a very large pro- portion of these were due to gross care~ Natural Coat, 36 long. Handsome deep Cape Collar. Formerly 825.00 Reduced to 450.00 Squirrel inches . Bill, this boob hasn't any money," said the girl got into the auto ‘and: wi whisked | © same method was em Mrs. abert Brownin, A Bayonne, Wednesday n PIPE EXPLOSION ~~ CALLED ACCIDENT, on licials in Doubt Over Nature of arge Which Killed One and Injured Three. city's chemist's oMce and th xamining bits of the pipe that terday in the plant of the Iting and Refining Com- West Street, kitling one 1 and injuring three, Detectives of Bomb Squad believe it was an ac: at, but want to learn what explosive pipe contained. Some think it was ackd, others ‘TNt. ouls Solomon, proprietor of the plant, is examining the books to learn re the pipe was bought. It is said © been part of a junk lot, per- haps from a dismantled munitions a Liseul Carrado, wall sixty feet John Supbonsky of No. 88 Gold away. Btreet, Brooklyn, and Karl Pottosky, No. 50 Havemyer Street so badly hurt they were Kiyn, were aken to Bt, Vincent's A ; : fe) Natural Squirrel Wrap Coat, 48 Moleskin Coat inckes long. Deep Formerly 1250.00 Self reversed Border. Reduced to Formerly 1650.00 650.00 Reduced to id e 795.00 10% DISCOUNT FROM ALREADY MODERATE PRICES Table Cloths MeGibboun & Co. 1 AND 3 WEST 37TH ST. ONE DOOR FROM FIFTH AVENUE Advantageous Time to Bu Same As Sold All Sheets Towels Blankets Mahogany Beds Lace Curtains Overstuffed and Novelty Furniture Mirrors Lamps at Napkins Pillow C: Handkerchiefs Comfort Sanitary Bedding Drapery F: Rugs and Carpets STORE OPEN 9 A, M. TO 5.30 P.M. MC Gibbon tor Quality es OPPENHEIM. CLUNS & C wo ti eae sce st A Sorter ar ter en A 34th Street—New York ‘The Entire Fur Stock | To Be Closed Out Wednesday ‘At Reductions Ranging to 60” Positively the Greatest. Price Concessions we have ever made’ inc Dependable Goods ear Round ables ‘abrics locks \ Hudson Seal Wraps (Dyed Muskrat), 45 hes. Self or Skunk Trimmed. Formerly 975.00 Reduced to 525.00 Natural Mink Short Wrap Cape, attrac- tively Trimmed with Tails. Formerly 1975.00 Reduced to 750.00 Trimmed Bay Seal Coats Beaver or Opossum and Bell Cuffs...... Collars and Cuffs... Moleskin Wraps Hudson Seal Coats Hudson Seal Coats Hudson Seal Wraps Hudson Seal Coats Hudson Seal Wraps 36 inches long.. Collars and Cuffs of Squirrel, Skunk, | 1 wipe Formerly to 350.00 | to to to to to to 595.00 750.00 895.00 975.00 975.00 1175.00 Reduced to Reduced to Reduced to Reduced to Reduced to Reduced to 75.00 Trimmed French Seal Wraps Luxurious Models; Full 45 inchés long. Cape Collars | Formerly to 495.00 | Trimmed Hudson Seal Wrap 45 inches long. Self trimmed or handsome Skunk | ..... Formerly to 795.00 | 275.00 425.00 295.00 ° 395.00 395.00 425.00 525.00 675.00 Purchases will appear on bills rendered March Ist. dames MeGreery & Go. 5th Avenue closely resembles Seal. medicore. wanted shades. “Woman owes it to herself, her family and the public in gen- eral to be as decorative in any setting as her knowledge of the art of dressing permits”—a bit of sophistry from Chesterfield which all women should take to heart. To make one’s self as beautiful as possible at ail times is a noble aim, and, like charity, it should begin at home. When @ woman aims to be decorative with her home as the setting she has a faithful ally in Fashion, for in nothing has Fashion injected more art, more loveliness, more allurement than in breakfast coats, morning frocks, negligees, hostess gowns, tea gowns and boudoir robes, a Such daintiness and feminine charm radiate from those McCreery’s has selected from the newest Spring creations. They impart a éoftness and loveliness to women that no other apparel has power to do. To don one is to make one's self more pleasing in the eyes of one’s family, and to those dear, intimate friends who drop in unannounced. Coty’s L’Origan Extract’ [ 2-02. Size bottle, 6.50 (Taz Included) This perfume is fresh from France, where its glorious fragrance was im- prisoned and sent to us in the fascinat- ing packages in which you will find it. Mail Orders receive prompt attention. No Exchange: No Credits. (Main Floor) A Timely Sale of Warm Blanket Robes For Women and Misses 2.75 and 3.85 Genume Beacon Cloth Blanket Robes in Indian, Floral and two-tone designs with collars, cuffs and pockets bound with real Satin Ribbon, and tusseled cord girdles, Many lovely colorings. 3.85 Modish tailored Blanket Robes with Dutch collar effects, patch pockets and cord girdles. These also are available in Indian, floral or two-tone effects. 2.75 Light and Dark Colorings. (Third Floor) ¥ You May Save Several Dollars By Purchasing During This Sale of McCreery Feminine Footwear 7:95 and 9.50 Early Spring models of the finest footwear it is pos sible to construct are offered at prices far below actual value. , At 7.95 you will find modish Strap Pumps of Gray Suede, Grown and Black Kidskin and Brogue Oxfords of Tan Calfeking Walking Boots and Oxfords of Tan Calfskin and Brown or Black Kidskin. At 9,50 there are only strictly hand-made Strap Pumps of Brown or Black Kidskin, Brown Ooze, Blue Kid, also Black or Blue Satin—high or pet eels, Also hand-finished Ox fords of Tan Calfskin, Black Kidskin with military or Coban heels. mais Second Floor Telephone Fitzroy 3400 Handsome New Wraps for Women Special, 625° It is such offerings as this that are winning new customers for us every day. ‘These Coats are actually worth much more than 62.50. Women realize it the moment they see them, for they are fashioned of Genuine Bolivia, Duvette Velour and a quality of Plush that All have large muffler collars of the better grade of fashionable Furs. The styles are distinctive—far above the Many lovely shades. Coats of Genuine Elegance Adorned With Costly Furs Special, 125-00 Thoroughbreds—every one. They are made of the more exclusive weaves of the Bolivia fami!y—Evora Superior, Orlando and Cordo- vale, with massive collars and cuffs of fine quality Squirrel or Genuine Beaver. All the 34th Street (Fourth Floor) Glass and Silver Deposit Ware At Noteworthy Reductions Crystal and Silver Deposit Ware lends such rich dis- tinction to buffet and table that practically every woman who loves to beaut her home possesses some, These prices place it within every one’s reach. Glass and Silver Deposit Vases....formerly 8.50, 2,50 Glass and Silver Deposit Candy Jars. ...0.......6 4.£0 ’ formerly 5.50 Cut Glass Marmalade Jars with Sterling top and spoon, formerly 4.50, 3.50 Sterling Handle Two-piece Steak Sets.........+- 5.75 foymerly 6.50 (Alain Floor) Crepe de Chine and Satin Undergarments Bear Lowered Prices for the Last Week of the January Sale of White aia -« Night Gowns of Crepe de Chine, tailored or lace trimmed, 3.95, 4.95, 5.55 to 8.95 Envelope Chemises and Step-ins of Crepe de Chine, tailored or lace trimmed. 2.95, 3.95 to 5.95 Bloomers of Crepe de Chine and Satin, tailored or lace trimmed, Step-in Drawers of Crepe de Chine or satin 2.95, 3.50 anc Camisoles‘of Satin and Crepe de Chine, tailored and lace trimmed, 1,00, 1.45 and 1,95 (Third Floor) McCreery “Life Long” Luggage At New Low Prices For your trip to the South this winter, or North, East or West next Summer, the best luggage you can secare is here in this selling at a down-to-a-new-level pric Ladies’ Traveling Bags They are made of Genuine Seal and Hand Bordered Cowhide, entirely hand-sewn and beautifully lined with silk The trimmings are gold-plated. Special, 12.75 eel Siee- 175 Full Size Wardrobe Trunks gt Special, 45,00 ‘I \ These trunks are made on three-ply veneer basswood SHE frames, fibre covered and ie is Each has four drawers, ~ i ten hangers and shoe pockets, j Ball The top drawer is provided Cc | Pt ABwith a lock, Fifth Floor) Clearante Sale of BOYS’ Overcoats—12.75 formerly 18.00, Mother, here is that overcoat for “Sonny” at a real saving! Every overcoat has been taken from our regular selling stock and will be reduced to this low price for clearance. Sweaters—2.95 Coat and Slip-on Sweat shawl collar and V_ nee Heather and Maroon, Sizes ¢ s in buttomto the we 21.00, 25.00 AML manner of styles are included—Navy Blue, Oxford and Brown: Chinchilla and hand- tweed effects—anade to wear well and long, and tailored to give a distinetive tone and character to the wearer, Sizes 24% to 8 years, |, 1.25 and 1.75 e colors, some Aviation Ceps Spec Several attrac Tiel Floor) nN SN Hep e hoy Meee te at eee ae ee = Cotes NT HS ena te