Richmond Palladium (Daily), Volume 44, Number 229, 9 July 1919 — Page 5
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, WEDNESDAY, JULY 9, 1919.
PAGE FTVB
SHOES NEXT TO SOAR TO HIGHER PRICE LEVELS
Not Question of Prices, But of Getting Goods, Say Manufacturers.
By WILLIAM R. 8ANBORN. If it la your opinion that the rise in price of shoes is nearlng an end, there ere a lot of men in Chicago this -week who will tell you that the advance has barely begun. They are telling the world that we may all expect to pay from $2 to $4 more for shoes
next spring than we are paying this
summer, and for identical makes and quality.
Who are these prophets of evil? Shoe manufacturers, If you please, in attendance at the Chicago National
Shoe exposition, in session this week, with 180 exhibits of shoes and accessories, and who are representative of the largest manufacturers in the country. These men ought to be pretty fair Judges of conditions and outlook. They regret the coming advance, just as the consumer does, for it means still more capital investment for every pair of the outturn. It means still higher costs for labor, it may be, and at any rate for material, which is also largely labor as to cost, for wages are the highest ever known in the tanning Industry, because the workmen must live. Dave David, secretary of the Chicago shoe style show, says: "There is no question of shoes going up. We have been trying to get iprlceB for the State street stores for inext spring, and it seems likely that ithe price will be $3 to $4 higher than llast spring on calfskin and kid shoes. (There Is, however, a better supply of icoarser leathers for the manufacture of work shoes." Heavy Foreign Demand. The coming increase is due to sev-
tcral factors, all Interrelated. Among 'the most Important is given "the ,world shortage of hides," and the comjaraUve scarcity of calf and kid skins.
used in the finer grades of footwear. Next in Importance la the great foreign demand, both for shoes and
leather, the greatest ever known. It tseems, too, that price doesn't count rwlth the buyers from overseas. What
'they want insured la delivery of the
.goods. We must remember that all foreign labor has been very highly
paid for four years. Admitting that their money is not worth as much as
ours, still they got It in bunches, out
Bide of army circles, and are prepared to spend It for some of the comforts
of life, which can hardly include
wooden shoes on wedding days. It is
a fact that foreign buyers are crowd ing the sales rooms of all shoe fac
toriea in the east and are to be found sitting on the doorsteps of the tanner
ies of mornings, waiting for the boss
to open up. No Chance to Sort Up
It is a time honored custom in the retail trade to do a lot of sorting up
as to sizes, and to fill in lines between
seasons where shortages exist. This
can rarely be done at this time. There are very few shoes in wholesale stocks
ready for "at onoe" shipment, which is proving a great inconvenience in hundreds of shoe stores. A Rlrhmnnd oVirm man cqM ifa
morning: "We have placed a large order in Rochester, N. Y., for fall delivery and hoped soon to have some of these coming through. Having written to this effect we are informed . that a part of our order will be filled
eome time later, but as to when we imay expect completion of our order, ithe firm was unable even to approximate the date. Nor do we know that i we are certain to get all the shoes in our purchase, at any time." ' During a visit to a Columbus, Ohio, j shoe factory a few days ago, this ; vm& merchant was shown the cost i sheets, which 6howed that factory costs (material and labor) have almost doubled in less than a year, and the tendency is still upward, for the making of spring wear, of course. Chasing the Rainbow Under the caption, "Chasing the Rainbow," the Boot and Shoe Recorder, of Boston, says: "An attempt to ' locato the reason for the unpreceflented high price of hides, skins and leather, and consequently of shoes, is Very much like chasing the rainbow : with the expectation of finding the proverbial pot of gold at the rainbow's end. The farther one travels In search, the farther off the actual
. end of the solution of the problem 6eems to be. ; "The retail merchant justifies the prices asked from the consumer, on the ground that the manufacturer ; names the price to htm, and he has : no other alternative but to pay. The - thoe manufacturer In turn maintains that he is in a position where he must pay tho tanner most any price that I. the tanner demands for his leather, i The conditions are such today that it
expectation of buying leather at a lesser price by eucb. process of buying. It la really a question with him of getting sufficient leather of depend
able quality to manufacture the shoes for which his salesmen are taking orders."
And this reminds us that a number of shoe salesmen have been withdrawn from "the road" recently. The Tanner's Story Tanners tell us that they have no voice In naming the price on raw hides and skins, excepting by a process of bidding In open market. They claim that the hide dealers are a most Independent bunch and that only the highest bidder gets the product. Taking it from start to finish It 1b a teller's market, which Is always high priced, with an upward trend. There seems to be no practical solution of the difficulty with regards to the purchase of hides and skins. In the first place, as stated, there is claimed to be a world shortage. In the face of the fact that we have been slaughtering on the largest possible scale and that hundreds of thousands
of horse hides have been saved In the
war regions. A tanner of fine calf
skins, living In the middle west, said
in an interview:
"If we could stay out of the mar
ket 30 days, and all the other tanners
of the country would do tho same thing, you would see the biggest slump
in raw hides and skins that the world
has ever witnessed. But we cannot
stay out of the market for 30 days
and I presume that about every other
tanner in the country Is In about the
same condition as we are. This tan
ner reports his output sold ahead for
several months, and his neighbors in the trade are doubtless In the same
condition
America has been a large Importer
of foreign hides and 6kins and during
Whitewater, Ind. Mrs. Bessie Alexander. Mrs. Edith
Btetler and children, have gone to
visit their sister, Mr. and Mrs. Cleve
Pearl of Virginia Mr. and Mrs. Ray Barton-and son Max, Mr. and Mrs. Kenneth Barton and family and Mr. W. O. White spent Saturday evening with Mr. and Mrs. William Barton and family of Richmond Several persons motored to Lewlsburg, O., to spend the Fourth Dock Wajlingford, who has been very 111, is slowly
improving Mr. and Mrs. Lee Harlen and Mrs. Reba Long of Richmond called on Mr. and Mrs. John Hunt
Sunday afternoon Mr. and Mrs. Paul Jennings entertained Sunday,
Mr. and Mrs. Cell Jennings and fam
ily, Mr. and Mrs. Ira Addleman and
family and Mr. and Mrs. Sammy Roberts and daughter Mr. and Mrs. Ray Barton are the parents of a baby boy, Donald W.....Miss Helen Eachus, Miss Minnie Glbbs and Mrs. Jane
Gibbs called on Mrs. Minnie White Wednesday evening Mr. and Mrs. Foster Eastonair and family, Edgar Harmon of Richmond and Mr. and Mrs. L. E. Littell and family spent Sunday with Mr. and Mrs. Cal Eastman. Mr. and Mrs. Fred Eastman and family of Richmond called on them in the afternoon The Wide-A-Wake class of the M. E. church met with Miss Mildred Knoll last Thursday evening. All members were present. The next meeting will be held with Miss Lucille Robinson, July 31 . . . Mrs. Mary Wright called on Mrs. William Curtis, Sunday evening Mr. and Mrs. Carrie White spent Sunday evening with Mr. and Mrs. Graver White and family of Richmond. .. .Mr. and Mrs. Will Thorthern, Mr. and Mrs. Cliff Fulghum, of Fountain City, and Mrs. D. Fulghum of Chester, spent
beer Is spending a few days with Mrs. Laura Freeman Mrs. Libe Moody of Lynn and Mrs. Lawrence Hiatt of Arba spent Tuesday with Mrs. Mary Simpson Miss Mildred Coppock spent the week-end with Miss Crystal Gibbs.... Mr. and Mrs. Ollle Hunt and Mrs. William Curtis called on Mrs. Bess Hunt at Morrison Pyle's Sunday afternoon. Mrs. Hnnt who has been In the hospital, is improving.... Mr. and Mrs, Frank Burt and family were guests of Mr. and Mrs. Morris Burt and family Sunday.... .Harve Hill and family spent Sunday afternoon with Miss Rosa Hill Miss Prudence Austin Is spending a few days with Mr. and Mrs. Wilbur Townsend and family John Addleman
6pent Sunday with Mrs. Laura Freeman Mr. and Mrs. Wilbur Town-
send and family of Fountain City were
the guests of Mr. and Mrs. A. B. Aus tin, Sunday.
v " " ,,h ,..i,n ,nenfal.r Sunday afternoon with Mr. and Mrs
as it couFd get ships to bring in sup-Pock Wallingford . .Mrs Rosa Myers 2 "ITX "wee-of Mr!hana K
Middleboro, Ind.
seas permits every country to buy
anywhere we are brought into competition with hungry European shoe manufacturers, who want to see the wheels going round once more, and who can get almost any price for their product. These are wild bidders on calfskins, and willing to go far beyond what the American thinks a sufficiently high price. Viewed from any angle there seems to be a certainty that shoes are still to be materially advanced at retail. When present stocks are disposed of they must be replaced at a higher cost level, and consumers will have to pay advanced prices accordingly. That the advance will not be quite so heavy as manufacturers indicate is the bes-t we may hope for. In the meantime it behooves the most of ub to take care of the shoes we have, and to get our repairs in due season to add to their longevity.
John Coppock and daughter Sunday
In the afternoon all motored to Eaton and called on relatives Misses Frances and Elizabeth Burt are spending a few days in Liberty. .. .Mr. and Mrs. Ira Jackman and daughter Lucille and son Harry, and William Kincholoe, all of Kokomo, spent the weekend with Mr. and Mrs. Allen Kincholoe....Mr. and Mrs. J. K. Thomas, Mr. and Mrs. Thomas Matlock and Mrs. Emma Blose and son, Rex, motored to Arcanum Sunday afternoon.. . .Mr. and Mrs. William Warner and daughter, Neva, Mrs. Ethel Woods and daughter Mary, and Mr. and Mrs. Humphry Mikesell and family, Mr. and Mrs. Frank Blose and son Harold and Mr. and Mrs. George Skinner motored to Mills Iake and spent the day Sunday.... The Ladies' Aid society of M. E. church will meet at the home of Mrs. Mable Williams next Thursday afternoon Mr. and Mrs. James Rob-
Jesse Ghent and family spent Sun
day with Mr. and Mrs. Nathan Groves near Whitewater Mrs. W. H. Urton and children called on Mrs. Cora Danner Saturday evening Mark Golden of Richmond Is spending a few days with his sister, Mrs. Lula Kirkman Rev. L. F. TJhmer called on Mr. and Mrs. T. J. Addleman Monday. Several from this place are going to Columbus thla week to attend the Centenary celebration Miss Lucille Seaney of Richmond spent last week with Mr. and Mrs. Pleasant Seaney Mrs. Joseph Reed and daughter called on Mrs. Miriam Little Sunday afternoon Mrs. Cora and Mrs. Dora Little called on Mrs. W. H.
Urton Thursday afternoon Lewis Welch and wife called on Sylvester Cook and family Sunday afternoon... Mrs. Mary Hawkins and children spent a few days last week with her mother, Mrs. Charles Majer at Richmond Mrs. Lula Kirkman and daughter called on Mrs. Lora Boyd and daughters Wednesday afternoon. Mr. and Mrs. K. D. Coefield spent Sunday with Omar Clark and family, near Fountain City The following persons called on Mrs. Walter Brooks and family Friday, Mrs. Mary Vanzant, Mrs. Mary Ann Pemberton, Mrs. Russel Clark, Mrs. Hattie Urton, Mrs.
Cora Little and daughters, Mrs. Mir-1 iam Little and Mr. and Mrs. Cleo t Hardwick and daughter. .. .Mrs. Mary I Cook called on Mr. and Mrs. A. H. 1 Pyle Sunday afternoon Mr. and! Mrs. John Coblentz spent Friday with ' Mr. and Mrs. Jim Hughes. .. .Steve ; Hawkins of Richmond spent Monday :
with Mrs. Nancy and Mr. Oscar Haw- j kins.... Mr. and Mrs. Floyd Boganj and Mr. and Mrs. Henry Pittman spent Sunday with Mr. and Mrs. B. F. j Lyon at New Paris. ... Frank Allen'
and family, Clyde Thomas and family
just returned from overseas, and eon Will called on Mr. W. H. Urton and family Sunday Mrs. Miriam Little spent Friday with Mr. A. O. Boyd and family, Miss Hazel Miller, Miss Ruth Miller, Miss Emma Schaeffer and Miss Lola Hlpiner of Dayton, spent Friday with Mr. and Mrs. Pleasant Seaney.. . .Miss Olive and Ruth Boyd called on Mrs. Clarence Reld at Richmond Monday Mrs. Cora and Mrs. Dora Little called on Mrs. Cora Danner Sunday evening Mrs. Mary Ann emberton called on Mrs. John Coblentz Tuesday afternoon Miss Jessie Jones spent last week In Indianapolls There will be preaching next Sunday evening at 8:30 by Rev. L. F. Ulmer. Everyone welcome Mont
Morris and family, of Michigan, Mr. and Mrs. Howard Jeffries and daughter and James Starr and family spent
Sunday with Will Jeffries and family
A birthday dinner was held at the home of Mr. and Mrs. T. J. Addleman
Sunday, in honor of Mr. Addleman's birthday Mrs. Clarence Reid and sons, Clair, Sterling, Robert and
Wayne, called on Orville Boyd and family and Joseph Reld and family
Friday afternoon Rev and Mrs
L. F. Ulmer and daughter spent Sun
day with Frank Pogue and family...
Harry Pati and family called on Orville Boyd and family Sunday afternoon Clem Alexander and family Mr. and Mrs. Charles Little and daughter and Mr. and Mrs. A. J. Little and son, spent Sunday with Ed. Buckhoffer and family, near Fountain City. Steve Hawkins of Richmond, called on Mrs. Cora Danner Monday afternoon The Ladles Aid society gave a splendid patriotic program and ice cream supper at the church last Wednesday evening. A large crowd attended.. . Mrs. Harley Goodwin and children visited Will Jeffries and family Sunday evening.
Bolshevik Hold Foreign
Legations At Petrograd (Br Associated Press) HEL8INGFORS, July 9. It la reported that all foreign, embassies, le
gations and consulates in Petrograd
have been occupied by Bolshevik; troops. The archives frarre been sels-j ed, it is said, and those in charge have been arrested and banded over1 to an extraordinary commission dealing with charges of espionage against' the soviet government.
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miuuim
Memorial Held For Captain Fry alt , Murdered By Hans tBy Associated Press)
LONDON. July 9. A national tribute of honor was paid Tuesday to the memory of Captain Charles Fryatt, executed by the Germans in 1916 for attempting to ram a U-boat, by a national memorial service at St. Paul's cathedral. After lying in state at the Dover station over night, the body arrived at Charing Cross station at 11 o'clock, and was placed on a gun carriage drawn by bluejackets. A cortege was formed, headed by relatives and including representatives of the admiralty, war office, other government departments and all seafarers' organizations. With a naval escort and a band, the procession passed slowly through the crowded streets by the way of Trafalgar square, Northumberland avenue, the Thames embankment and Ludgate hill, arriving at the Cathedral at noon. The coffin was hidden
under a mass of flowers, among which were magnificent wreaths from the townspeople and authorities of Bruges and Antwerp. Only the steady tramp of feet and the solemn strains of funeral music broke the silence as the cortege passed through the streets.
ineon and family entertained Sunday, , d Mr. and Mrs. Fred Vornauff and
Mr. and Mrs. Harry Robinson and
daughter Marjorie. Mr. and Mrs. Moody Lamb and daughter Erma, Mrs. Sally Squires and Mrs. Andrew Stevenson, all of Webster, called on them in the afternoon. .. .Miss Mable Sour-
dsnehtpr KDent Sundav with Mr. and
Mrs. Henry McPherson, near New , Paris.... Mr. Norman Kirkman and; family visited Mr. and Mrs. Luther j Starbuck Sunday afternoon Mr. j Jame3 Penn and son Fred, who has j
REPORT OP CONDITION OF THE
Union National Bank at Richmond, in the State of Indiana, at the Close of Business on June 30, 1919
IF THIN AND - NERVOUS, TRY PHOSPHATE
Nothing l.lkr I'laln IJil ro-Phnnphnte to Put on Firm, Health?" l'lrnh and to Incrcanf Strength, Vigor anil rve Force.
When one stops to oonsidpr the host of thin people who are searching continually for some method by which they may increase their flesh to normal proportions by the filling out of ugrlv hollows, the rounding off of protruding angles with the attendant bloom of health and attractiveness. It is no wonder that many and varied suggestions along this line appear from time to time in public print. While excessive thinness might be attributed to various and subtle causes in different Individuals -it Is a well known fact that the lack of sufficient phosphorous in the human system is
RESOURCES Loans and discounts, including rediscounts Overdrafts, unsecured U. S. Bonds (other than Liberty Bonds, but including U. S. certificates of indebtedness: U. S. bonds deposited to secure circulation (par value) 140,000.00 U. S. bonds and certificates of indebtedness pledged to secure U. S. deposits (par value).. 1,000.00 U. S. Bonds and certificates pledged to secure postal savings deposits (par value) 5,000.00 U. S. bonds and certificates of indebtedness owned and unpledged 44,000.00 Liberty Loan Bonds: Liberty Loan Bonds, S1,, 4, and 4',i per cent, unpledged 202,750.00 Liberty Loan Bonds, S'i. 4, and 4 per cent, pledged to secure State or other deposits or bills payable 40,000.00 Securities other than U. S. bonds (not including stocks) owned unpledged 285,380.00 Stock of Federal Reserve Bank (50 per cent of subscription) Value of banking house, owned and unicumbered. . 34,000.00 Furniture and fixtures Real estate owned other than banking house Lawful reserve with Federal Reserve Bank 15. Cash in vault and net amounts due from national banks 18. Checks on other banks in the same city or town as reporting bank Checks on banks located outside of city or town of reporting bank and other cash items
Redemption fund with U. S. Treasurer and due from U. S. Treasurer Interest earned but not collected approximate on Notes and Bills Receivable not past due War Savings Certificates and Thrift Stamps actually owned
535,958.83 2,587.48
190.000.00
t practically useless to shop around , dition. Experiments on humans and
Tom one tannery to another with the
HEAR
TBURfl
Caused by
That bitter heartburn, belching, foodrrpcaliDK, iudlgrnioD. bloat utter eating all are caused by acid Ktomocb. But tbey are only firtt symptom danger signals to warn you of awful troubles II not stopped. Headache, biliousness, rheumatism, sciatica, that tired, liMlcsg leeling, lack of energy, dizzlnes. insomnia, even cancer and ulcers of the Intestines and many other ailments are traceahle to ACID-STOMACH. Thousands yes. millions ol people who ougbt to be well and strong are mere weaklings because ot acid-stomach. Tbey really starve in the midst ol plenty because tbey do not get enough 6trength and vitality from the food they eat. 'fake EATON 10 and give your stomach a chance to do its work right. Make it strong, cool, sweet and comlortable. EATON 10 brings quick relief for heartburn, belching:, tndigestlon and other stomach miseries. 1mF roves digestion helps you get full strength rom your food. Thousands say EATONIO Is the moat wonderful stomach remedy in the world. Brought them relief when everything oli-e failed. Our brat testimonial Is what EATONIO will 6s for you. . So get a bluAOc box of EATONIO today from your druggUt, use It five daysit you're not pleased, return it sod get your money back, (F ATOMIC
( FOR YODR ACID-STOMACH)
animals by many scientists have dem
onstrated beyond question of doubt that a body deficient in phosphorus becomes nervous, sickly and thin. A noted author and professor In his book, "Chemistry nnd I'ooJ Nutrition." published In 191 S. says: that the amount of phosphorus required for the normal nutrition of man Is seriously underestimated in many of our standard text books." It seems to be well established that
j this deficiency in phosphorous may now be met by the use of an organic phos- ; phate known throughout English i speaking countries as Bitro-Phosphate. ', Through the assimilation of this phosi phate by the nerve tlssuo the phosi phorlc content when absorbed In the amount normally required by nature ! soon produces a welcome change In our body and mind. Nerve tension disappears, lgor and strength replace weakness and lack of energy, and the whole I body soon loses its ugly hollows and abrupt angles, becoming enveloped in ja glow of perfect health and beauty j and will and strength to be up and
doing, it is sold by Conkey Drug Co. In Richmond and all good druggists. CAUTION: While Eltro-Phosphate Is unsurpassed for the relief of nervousness, general debility, etc., those taking it who do not desire to put on flesh should use extra care la avoiding fat-producing foods. Adv.
Waltoro' Marvelous If dlldlO Cleanser Removes Ink, Fruit and Grass stains. For sale at Conkeys Drug Store or at your grocers. D. W. Walters, Mfg. 107 So. Ninth Street.
242,750.00 285,380.00 7,500.00 34,000.00 2,500.00 550.00
69,866.56 163,479.93 20,533.30 1,583.91 7,000.00 14,310.18 8.75
Total $1,578,008.94 LIABILITIES
Capital stock paid in
Surplus fund Undivided profits Circulating notes outstanding Net amounts due to National banks Net amounts due to banks, bankers and trust companies Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days) : Individual deposits subject to check Certificates of deposit due in less than 30 days (other than for money borrowed) Dividends unpaid Postal savings deposits United States deposits (other than postal savings) United States deposits, including deposits of U. S. disbursing officers Bills payable with Federal Reserve Bank
150,000.00 100,000.00 50,848.38 140,000.00 4,527.86 19,391.82
825,944.31 239,343.43 5,900.00 1,053.14
1,000.00 40,000.00
Total $1,578,008.94 State of Indiana, County of Wayne, ss: I, H. J. Hanes, Cashier of the above-named bank, do solemnly swear that the above statement Is true to the best of my knowledge and belief. H. J. HANES, Cashier. Correct Attest: ELWOOD W. McOUIRE GEORGE L. CATES W. D. LOEHR Director! Subscribed and sworn to before me thla 8th day of July, 1910. BENJAMIN P. HARRIS, Notary Public My commission expires Oct, 2, 1319.
CUTICUM
MEALS
ECZEMA
Almost all over husband's body. Treated but got worse. In rash form and skin was sore and red. Burned and itched and he scratched very much. Sleep was broken and his clothes aggravated till trouble became very severe. At last used Cuttcura Soap and Ointment and one cake Soap and one box Ointment healed him entirely. From signed statement of Mrs. R. H. Finney, Reelsville, Ind., July 18, 1918. SWCuticura Toilet TrioWI Consisting of Soap, Ointment and Talcum, promotes and maintains skin purity, skin comfort and skin health often when all else fails. The Soap to cleanse and purify, the Ointment to soothe and heal, the Talcum to powder and perfume. Then why not make these gentle, fragTsnt, super -creamy emollients your everyday toilet preparations? Sold everywhere at 28 rents each. Sample each freebymail. Addree. "OMlenra.D.pt.B.Borton." Pe aot forget the fudnetlnf fraxTaat Talcum tor
Summer Days Iitf MICHIGAN Summer days are days full of sport in MICHIGAN. Full ' of the breath of fragrant forest of the cool air of the Great Lakes; full of the urge of rod and reel, paddle and portage, sail or motor, dive and splash. Full, too, of romantic trails through woods, along the" shores of inland lakes, following romping streams. Full of things to do and gay, interesting people from all over the country to do them with. A beautiful land for your summer holidays Is Tir-'hig a land out of the fairy book of the things you like best to do a land which satisfies that hunger for the great out-of-doors, for Nature, for sport, for rest. , Michigan this summer for your vacation. The United States Railroad A rl ministration invites you to travel and offers Summer Excursion fares. Ask your local ticket agent to help you plan your trip or apply to nearest Consolidated Ticket Office, or writs
for illustrated booklet ' Michigan Sucimor .Resorts" Ho nearest Travel Bureau.
Travel Bureau 143 Liberty Street New York City
Travel Bureau
645 Transportation BuQrBsg
Travel Bureau 603 Healcy BniUirg Atlanta
Chicago
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If Youlnsist upon our cement and specify our building material throughout, and employ skilled workmen, we are willing to guarantee your building to be right. We know the quality of our goods and place confidence in workmen. That is wrhy we make this sweeping challenge.
Hackman-Klehfoth & Co.
I
10C0 N. F. St. & South G. Between 6 and 7
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jpL Building or Repairing Vf Prices are lower at this time than they will be for a long jjp 0- j me' u$ figure with you on your j $( Lumber Shingles '4 Roofing Cement nNJSv. Our prices are right Our service good. hi Mather Bros. Co. ITj 1028 n. F St. Phone 1178 it
