Indianapolis Times, Volume 34, Number 195, Indianapolis, Marion County, 26 December 1921 — Page 11
TRADING DULL AS RESULT OF IX MAS SEASON However, Point to Improved Conditions in Business. By MONITOR. NEW YORK, Dec. 26 It is hardly to be expected that the market would show any striking activity during the remainder of The holiday season, although there is every evidence of optimism regarding the outlook for the New Year. There is a feeling that, both in respect to financial and industrial conditions, the country has passed through the major phases of readjustment. It is admitted, : of course, that production and distribution costs still must be reduced before conditions nre on a sound basis. W ages in the building trades, coal mining, and on our railroads are stiii out of line with the rewards obtainable elsewhere, while the action of the Department ol Justice in planning and inquiry luto detail profits indicates a suspicion that there is even now a tendency to extort returns wholly incommensurate with the services rendered. Nevertheless, business Is improving, and lentiruent throughout the country is kclear'v indicative of confldei gained that much of the recent gain is |Vp;e to the revival of seasonal demand, improvement will be dependant on the increase in the buying power f the agricultural community and other producing croups that have borne the brunt of deflation, as well as the demand In foreign trade. There is no doubt that the position of our farmers and our foreign customers constitutes the basis of our most difficult problems. A rise in the price of agricultural products would he partially corrective of the dispar.'y. but there also must be some reduction in •> price of what the farmer buys. The figures on our November foreign trade show that oif exports of foreign products declined in value about $129,000.000 and that more than half the shrinkage resulted from the lecrease to the shipments of cereals and flour. The figures on the decline in our exports of manufacturers are no less Impressive, as the red'p tion for the eleven months of the calendar year is about $1,894,000,000 compared with the same peri'd in 1920. Although some allowance must r,.made for price declines, there is clearly apparent a heavy reduction in quantity as well. The last wH; has shown quite a falling off in the demand for investment issues, but this dullncr-s is considered largely incident to the season. Moderate recessions have taken pla> e due to profit-taking, or selling to established losses, the lat'er. however, being represented by isolated exceptions. The next few weeks are expected te witness a heavy rush of new financing and there is a prospect of new flotations before the end of the year. This is rather unusual f.w the interim week between Christmas and the New Year, but the explanation is furnished by the fact that the bank loans of many corporations are heavy, and the landing institutions are desirous of having these obligations cleared up and r• placed as far as possible by funded obligations of s more or less extended character. It is felt that this results in a double improvement, inasmuch as it makes a better showing for the banks themselves, arnl it places the hurd'-n on the shoulders of widely scattered investors. The sp.-n----tlid investment market at thi- time offers n excellent opportunity for transactions of this nature.
•LANDS OFF’ IS POLICY OF U. S. FOR RUSSIANS (Continued From Page One.) province and of the nortnern half of Sagahalin island adjacent to the maritime province. Discussion is planned by the American delegation under the agenda subdivision : of •‘Siberia." Virtually, all of the subdivisions into which China was dis- : tributed will apply to consideration of Russia. Railways, sphere, ~{ interest, administrative autonomy, foreign rights and pretensions, all will t.e > ailed up in tarn. As in the case of China, discussion of Russian problems, too, will mainly mean problems conjured up by Ja- j panese activities. How to get the Japanese out of eastern Siberia; In other words, win he the conference's principal task when Huso!a becomes the order of business. The Japanese hold the maritime province with a garrirson said to number 4b .000 troops, while 10.000 Nipponese soldiers are understood to occupy northern Saghalin. According to Russian spokesmen, .Japanese occupation in both cases has been ramified by a systematic and an extensive development of political authourity. H ILL KEEP Rt SSI A TERRITORY' INTACT. Secretary Hughes has taken a vigorous stand on the necessity of keeping "old Russia” politically and territorially intact. His policy is a long-range proposition. It is based on the confident hope that at some indeterminate period Bolshevism will crumble and f.e supplemented by anew. liberal Russia entitled to recognition. The T'nited States has Aft no encouragement to feelers put c-rth from certain conference quarters designed to side-track any coprehensive consideration of the Russian question. London cablegrams at the end of November linking up the arrival >f Hugo Stinnes with a scheme contemplating grandiose exploitation of Russia by a combination of British money and Herman brains put the State Department on guard respecting possible developments at the Washington conference. Secretary Hughes’ resolved to "save Russia.” far from being weakened by reputed Anglo- i Herman deals, was galvanized into fresh life by them. RUSSIAN PROBLEMS IMPORTANT. The United States regards the problem of Russia in some respects more important than the problem of China. In American estimation, a satisfaction of the Russian situation will contribute al most more than anything else to peace , and stability in the Far East. If on the contrary there is unchecked infringement of Russian rights, it is con- i sidered such violations inevitably would lead to war in the future. Pacific pacts to the contrary notwithstanding. President > Harding’s sympathetic responses to Russia in his message to Congress on Dec. 0 showed that the Administration's full support is assured the country allied to the United States by so many historic ties. Our interest in the Uussia-ihat-hop.-s-to-be is not purely sentimental. Men like Herbert Hoover, who know it through and through, consider It a land of unlimited possibilities for the future political and economical interests of the United States. Hope of a solution of the Siher an sit nation, while not unduly optimistic, is strong. It rests primarily on the shrewd spirit conciliation in which Japan. 1 hitherto lias approached conference prob- | i' The American delegation freely HTncedes vast progress has been achieved during the first six weeks of the conference existence because of the enlight- I enod mood of accommodation and cooperation which has marked Japan’s i ‘activities. If she is as reasonable as Secretary Hughes to date has found her. hopes of wresting Siberia from Nippon’s grip may be within sight of realization. JAPAN'S STRONG <IP ON SIBERIA. rtjYhe grip meantime is a pretty firm nJv It has been fastened on the mari-
time province virtually ever since : Japanese troops, in conjunction with ! other allied forces, occuiped VladivostoK. tther governments withdrew their; troops, but Japan's remained. Then came the massacre of Nikolaievsk, in the ! spring of 1920, with its pretext for i occupation of the northern half ot j Sakhalin and the northern extremity ot j the maritime province on the mainland, j in the south of which Vladivostok stands, j Altogether 50,000 Japanese troops, It is i declared by Russian authorities, stand j today on Siberian soil. They are | scattered at half a dozen garrisons ; strategically situated as to yield, it Is alleged, a complete authority over the j whole maritime province. In Northern ; Saghalin are rich though undeveloped j mines of coal and gold. Adjacent to | Nikolaievsk are important fisheries, with , their supply ’one of the bitterly-needed ! food staph * of the rast-multiplying; Japanese population. Japanese spokesmen in Washington already have made statements about Siberia. They say Japan Is willing to get out: that she is ready to go as soon as stable government is established, guaranteeing safety to Japanese lire and property: that she negotiated all summer and autumn with the Far Eastern republic to that end; that all Japan seeks in Siberia is “trade opportunity" ] commensurate with existing Jaapneee In- : tercsts; that neither annexation nor j anything savoring of a protectorate there; is sought. The Russian retort it Is I mainly the presence of Japanese soldiery ; overawing the Russian population and , assuming political domination of the territory, that stands iu the way of reestablishment of stable government. JAP SOLDIERS OVERAWES RUSSIANS. Russians make a significant rejoinder to the Japanese contention that northern Saghalin was seized as a reprisal for ! the Nikolaievsk massacre. It is pointeed out that the Japanese were in military , occupation of the Nikolaievsk district when the massacre occurred and ahd themselve# therefore assumed responsi- ! bility for maintenance of law and order ! in the area. The slaughter was not pf I fected iy local Russians nor even by f Bolshevist detachments. It was the work j of robber bauds, consisting of Rus- , sian outlaws, magyars and Chinese. To- j ge-her with the Too Japanese massacred. more than 4,000 peaceful, defenseless ; Russians perished. Nikolaievsk. itself j was wiped out. As it was for the Jap ; anese to take timely and suitable meas- J ures to prevent the massacre, the Rus- j siatts consider “compensation" should j come from, not be given to. Japan, which : was in control of Nikolaievsk at the j time. Americans will realize the importance of j the Russian territory now under Japanese control when reminded it totals an area of 71.400 square miles, which is larger than Pennsylvania, New Jersey. Delaware and Maryland combined, and j considerably more extensive than all the j New England states. The question la- i voiced in Siberia’s evacuation concerns j its incalculable strategic possibilities, If i all Saghalin and the maritime province j w.-re to remain under Japan’s control.! that country would cut off Siberia from ! the Pacific as effectually as if the ocean's j waves did not lap Russia's far ea>tcrn ! shores at nil. She would not only con- ! •rol the railway approaches to rh*- sea- 1 board, thus cutting off not only the ' land gateway to ocean, but would also hold Impregnable naval bases at Nikolaievsw and Vladisvcstok. which would enable her t>> dominate the approaches by water. From every angle military, naval political, economical and moral, i the United States regards it of paramount importance to deprive Japan of ; the pref-rcntial position she now bolds tt Siberia. If she claims it i- based on • "rights." it will have to indisputably os- j tnbllshed before they are recognized by the American delegation. '1 he confer- - cnee is on the eve of one of its decisive struggles- Copyright, 1921, by Public Ledger Company BOARDER HELD FOR SHOOTING Crawfordsville Man Takes Part in Domestic Affair. Robert Hallis, 43, of Newton Falls. Ohio, is in a critical condition today at the city ; hospital, as the result of a bullet wound received yesterday. Leo Dykes. 27. of Crawfordsville, Ind., is under arrest, charged with shooting with intent to kill. He admits he shot Halils. The shooting occurred at the home of Mrs. Edith Hallis, Til Concord street, wife <>f Robert Hallis, late yesterday. Mrs Hallis had been separated from her j husband three months and Dykes was j rooming and boarding at Mrs. Hallis' j home. Mrs. Ualiis said she refused to live with ' her husband unless he stopped drinking. This, she said, lie failed to do. Halils called at the home of his wife several times yesterday, it is said, hut she re- ; fused to admit him. Later he returned land kicked in the back door. His wife! : seized him and there was a struggle. Dykes says he fired one shot at Halils, ithe bullet entering hi.s body. Ilailis was taken into the home of his wife, where he was found by the police. Dykes has a wife and 6 year-old child in Crawford -ville.
START NEW YEAR RIGHT Every—Man—Woman—Child can now own SIOO in our Big Main Street Buildings. We have now arranged for you to pay $lO down and $2.50 week. Any—Man—Woman—and—Child can be thrifty and save $2.50 week —for 36 weeks. Thrift is the beginning of all successes in life. You —Your Wise —Your Child will have a Happy Xmas, if you get each one share. If you really and truly intend turning over anew leaf for a PROS PE ROl'S —N" E W—YEAR then clip and mail coupon for our 50-50 Partial Payment 1922 Prosperity Booklet, for it will be of help to you. Clip Here The Standard Evansville Realty Cos. 306 Kahn Bldg. Indianapolis, Ind. Gentlemen: Without obligation, kindly send me your 50-50 Partial Payment, Prosperity THRIFT BOOKLET, and oblige. Name Address
January Reduction Sale Womens Boots, Pumps and Oxfords $7, SB, $9 and $lO Qualities d*pSnp Q Sale Price Tremendous Reductions Prevail on Shoes ■ j Men Right Out of Our High Price Stocks Military Heels Walking Heels ' Boots of— Pumps of— Oxfords of— Brown calf Black calf Black satin Brown kid Tan calf Brown kid Tan calf Brown kid Black suede Tan calf Brown calf Black kid $W Brown suede Black kid Black calf {&&&£&* ‘ ~WF Over 7,000 Pairs in the Sale. Sale price 53.55
STAMPED LUNCHEON SETS, of cream color muslin, two attractive patterns. IMPORTED ASH TRAYS, in three attractive shapes; 89c quality 50<J one 36-inch cloth anti four 12-inch napkins; special, et ,<><• , j STAMPED CENTERPIECES AND SCARFS, centerpieces 36-inch size, scarfs STAMPED CLOTHESPIN APRONS, heavy unbleached muslin, well made, at- j *4 * i lSx.vl in cues, stamped on heavy white artcraft, attractive patterns, 1 scarf and 1 tractive patterns and 2 skeins floss all for 50C 1 B I centerpiece for 50<i STAMPED TOWELS, 17x21 inclie- made up, gingham facing on each end. ap- f gm. Jjm B 1 STAMPED FUDGE APRONS, of cream crash, heavy grade, attractive new^deplique basket design; 1 towel and 3 skeins floss all for 50c J signs to be worked in running stitch, 1 apron and 4 skeins floss all for 50c STAMPED PILLOW CASES, heavy grade of limn finish tubing. 36x42 Inches; ARTIFICIAL CYLOMIN, 1 bud, 1 flower and 3 leaves to the spray; extra spesome have hemstitched -callups, others stami —. al 7 sprays, 50C attractive patterns including applique designs, 'lightly soiled <Simi\ 4 to a cus- . jfl W _ w IMPORTED CANDLES, variety of colors decorated with gilt; $1 quality, turner), oa.-h ' ,o ‘ l | V j 500 CIGARETTE HOLDERS, various attractive si; apes, engraved and s t with hr:i * - / STAMPED TEA TOWELS 17x30 inches, good grade barred toweling, variety of Hants; S9c quality | I Roo<l I)atterns 4 for 50c STAMPED ROMPERS, ages 1 and 2 years, of pique, Indian head cloth ands n Oill* A H Dons —Sixth Floor, chambray; special s)c , HI v/UI > l L/CpL \
Intensive Search Unending Energy, Forethought, Planning and Manufacturers' Appreciation of Former Business Results in the Crouming Achievement of a Series of Successful Sales Which Will Be Staged Tuesday Morning —A Sale of Two Thousand Dresses I® F OrW° men Tha pJe h T a agsas ar ' an£ * Misses at Hr H Mgka,t3o \ " r.irr.,11.,. ! Dres... for the nor. lua. j 1,. \ Beaded de j uoel s ’ |l| I flifflSni A i Basque waistline, 16 to 20 36 to 44 V li|s] | | ) t Straight-line styles. 42 ' 2 t 0 jj \1 'SamMm' l j 1 J ■ —f L;t even wiili treble our usual selling force n s the supreme merchandising stroke of our V;4 )\ \ ‘h / - -ligunitively swept us off our feet with pur- long and successful career. L EA & \ s / v 1 ,* a. Q - n , , 4 i, x % We have given over extra door space, en- *:■ jkvMtn \ a / Jon know oi our $8..)0 dress snlo that oc- . ~ . , , The Color Ramie \ j casioned enormous patronage and soiling. listed the services oi tlurt\ extra sa espeop n, . p / S /rri \ / You know of our former SIO.OO dress sales pbmncd added wrapping and cashiering serv--18 complete ♦JO £®. . \ IbS —Mohawk MA. DRESSES OF --Brown —Colonial / 7 / —Canton crepe -Satin-back Cantons —Tricotines . . . . , / l —Satins —Taffetas —Panne velvets pasted shades 0 party frocks. WE EXPECT RECORD BREAKING CROWDS VALUES JUSTIFY IT.
MEN’S FURNISHINGS Overalls and Jackets $ A O Up to $2.50 Qualities JL ® sL ’^#3
Auto brand. Leo. Sweet Orr and other hiph-Krade makes—plain blue, white bark denims, strongly made, reinforced at till strain points, triple and double stitched garments; plenty of big. rooniv pockets; all sizes up to £!?'-. $1.48 MEN’S COT TO N WORK HOSE, medium weight, fast colors, black, gray, navy, cordovan; extra special, 101/ pair 12/2C WOOL HOSE FOR MEN, heavy blue mixed, ribbed tops, gray toe and heel; strictly first quality; extra special OP (3 pairs. $1.00), pair JDC
The Wm. H. BLOCK Cos.
INDIANA DAILY TIMES, MONDAY, DECEMBER 26,1921.
UNION SUITS FOR MEN, heavy ribbed wool mixed, buff color, snug-litting cuffed sleeves and ankles, Hat lock seams; sizes 34 to 40; frn pa extra special UNION SUITS FOR MEN, medium heavy ribbed cotton, ecru, soft brushed fleece, flat lock seams perfect fitting; sizes 30 to 10; extra nr special “JC WORK SHIRTS FOR MEN, blue chambray. low l urn-down collars attached, double stitched for extra service; one pocket, strictly first quality, cut full; sizes it to 17; extra r special DSC
pr--wI ~u -rr-rr::.::xLJZzr~ .7-~rtr •ivt-ajßr-rrarrart'grt —-y 'J.—"— - BASEMENT STORE tflm
Five Dollar Sale Boys' Two-Trouser Suits $ Overcoats and Mackinaws CJP
ROYS’ TWO TROUSER SUITS, T to JO year sizes, correct styles, including two pairs /t>p nn full lined knickers tpO.UU ROYS’ OVERCOATS, belt all around, full lined, large variety of colors; best styles; nn 8 to 17-year sizes | J. UU LITTLE ROYS’ OVERCOATS, 2 to 8-year sizes, button to neck style, chinchilla and PP An dark mixtures tpD.UU ROYS’ ALL-WOOL JERSEY SWEATERS, brown, blue, green heather; 8 to 15-year tyn sizes; .$2 quality igi.lJ
ROYS’ MACKINAW’S, 7 to 10year '.sizes, new desir- djC A!) able patterns v 1 '"" ROYS' TWO TROUSERS CORDUROY SUITS, sizes 13 to 10year sizes; good serviceable narraw wale cordin'")', two pairs full-lined knickers tf'P M included yO.VV ROYS’ FLEECE LINED UNION SUITS, heavy fleece lined, full cut; Sto 1(1 year-old 7Q^ sizes; .SI.OO quality a?L ROYS’ RLOI’SES. light and dark stripes, plain blue, 0 to 10-year sizes ‘iTtC
After Christmas Sale of DoHs, Toys and Wheel Goods
ONE LOT DOLLS, various heights and kinds, slightly soiled, up to $3.00 30/. qualities *t7;C ONE LOT DOLLS, imported and domestic; up to <PI no $7.00 qualities ONE LOT DOLLS, character baby dolls with bisque head, open and shut eyes; soute have wigs; up to $5.00 QQ qualities (Four) GIRLS' TRICYCLES, rubber tires, best make; no $12.50 quality TOY TELEPHONES, two instruments to the set; while aa 100 last 4JC JUMPING TINKER, good entertainer tor old and young, an while 100 last £>VC
January Clearance Sale of Infants’, Misses’, Children’s and Growing Girls’ High Shoes Hundreds of pairs to choose from. Models that have been tremendous favorites with parents. .Sturdily made of such splendid materials that the average child outgrows Block footwear before it is worn out. ALL OUR MISSES’, CHILDREN’S AND GROWING GIRLS’ SHOES— SS.SO to $7.50 qualities, sale QC price d)J,QD ALL OUR MISSES’ AND CHILDREN’S SHOES— SS.OO quality, sale price, $3.38; $3.50 and $4.00 qualities, f0 QQ sale price ALL OUR INFANTS’ SHOES— Up to $3.50 qualities, rf* t Qg sale price O BOYS’ AND GIRLS’ SKUFFER SHOES -Over 1,000 d*-l JQ pairs, sale price All sizes, 51/2 to 2. —Third Floor.
TOY RANGES, made of standard metal, nickel finish hood, red brick effect chimney, four assorted utensils, complete in a box; while 100 A (),, last PANAMA PILE DRIVER, a most wonderful marble toy, perfect in action, nothing to get out of order; specially Qfi/ MECCANO ELECTRIC MOTOR, very powerful; 4*o *>C extra special TOY KITCHEN SETS, aluminum, neatly boxed, On 60c quality OuC BOOKS for boys and girls, from best authors—--75c quality 89c 50c quality 29c
11