Richmond Palladium (Daily), Volume 45, Number 202, 2 July 1920 — Page 2
PAGE TWO
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., FRIDAY, JULY 2, 1920.
CONSUMERS REFUSE TO BOY; DRY GOODS MARKET UNCERTAIN
f NEW YORK. July 2. Tlie cloa ot 1 the fiscal year and the half year finds the dry goods trade in an unsettled and an uncertain state. Liquidation of a severe character has occurred In the Bilk Industry, and In a less drastie way. It la proceeding In the wool industry. Hesitation in buying at high prices has been eo plain that most merchants are agreed that whatever the .course of costs may be in the Immediate future consumers will not pay on the highest levels for the possible output of the millB. Although cotton and flax are relatively scarce, buyers of linens and cot- , tons are resisting high prices. In some aspects the trade is in a critical position The mills have so little confidence In the prices they ask that as soon as orders expire they give notice of a curtailment of production. They will not accumulate goods.
Many Orders Held Up There are still millions of dollarB worth of goods due on order, and most
of these goods were purchased at
prices that . mills cannot duplicate and guarantee delivery at this time, nor for some time to come. In the silk and wool goods trades, where the raw materials underwent a sharp decline, and - where finished goods prices were offered tor spring and fall at ridiculously high levels,
many orders were canceled. Yet those
who booked many of these orders
doubted whether they could hold In
the event of any minor unsettlement.
MOBt merchants in the trade believe that the underlying cause of the
hesitation is the condition of the
money market or the capital required
for financing the high prices that have
come about. - The bank pressure has been persistent, -and the money rates are abnormally high. To the heads of houses there two things are control
ling. Think Market Will Come Back
Among sales, department managers
and so on there Is a strange insistence
that the market will soon come back
and even still higher prices will pre
vail. They are moved by the condition
of supply and the feeling that the pur
chase power of the mass of people has undergone no vital change in the past three months. ANDOVER, Mass, July 2 The principal mills of the American Woolen
company, now operating only three
days a week, will be shut down completely for an indefinite period on July 10, President William ,M. Wood announced Thursday.
Cancellation of orders filled or ready to be filled, and curtailment of orders for next season's goods, he said, made the stoppage necessary. He said It was impossible to forecast how long the mills would have to be kept closed.
Humor Helps Along in Dull Convention Hours CHICAGO, 111., July 2. The long hours of oratory that mark every national political convention may bore the tired delegates and spectators nearly to the point of exhaustion, but never kill their sense of humor. Occasionally a witty sentence or a quick rejoinder has been credited with having had a greater effect on the final result than all the oratory of the picked spell-binders. At the recent Republican gathering at Chicago, Prank B.' Willis, former governor of Ohio, was nominating Senator Warren G. Harding for the presidency. Ohio was far down In the list. The 13,000 sweltering persons, who crowded the big Coliseum had listened with cnly half-interest to more than five hours of fervid oratory when Willis, closing his speech, said: "Well, boys and girls, let's nominate Harding." The friendly humor brought a ready response. The next day, when the landslide toward Harding began, an Ohio admirer of the senator who had inscribed the sentence on a huge Bheet of cardboard dropped it from the gallery, It made an instantaneous hit Earlier in the contest, a negro delegate from , Oklahoma, appearing before the credentials committee at 3 o'clock in the morning to press his claim for a seat, put new life into that hody and won hia point by a remark. Having told how the "lily white" side had held its convention in a hotel from which negroes were barred by the proprietor, he said: "Why, gentlemen, in Oklahoma there's 'Jim Crow-ism from the henhouse to the hotel." In the laugh that followed a motion to seat the contestant was carried unanimously.
PENNSY UNIVERSITY TOWN IS INTERESTED IN HARDING WASHINGTON, Pa., July 2. If Warren G. Harding is elected president of the United States, this pretty little university city In the hills of western Pennsylvania will be bound up closer than ever with the White House, for not only did Senator Harding's ancestor live here but the father of President Wilson also was a resident of Washington. Senator Harding's great-grandfather, William Van Kirk, was one of the early settlers of Franklin township, and he .nd his wife are buried in the family graveyard on the Charles Van Kirk farm near Point Lookout. Senator Harding is honorary president of the Van Kirk family society and frequently has attended the annual reunion here. President Wilson's father, Rev. Joseph Ruggles Wilson, was born at Steubenville, O., not far from here and in 1848 became pastor of the Hills Presbyterian church at Canonsburg, near Washington. Here the family remained until their removal to Virginia where the president was born a 6hort time afterward.
SUFFRAGE LEADER IN TENNESSEE
( I ) W Sae S. White, 'v
Miss Sue S. White of Nashville. Tenn chairman of the National Woman's party, has been placed in charge of the campaign fcrr ratification of the suffrage amendment by Tennessee in the special session "of that state's legislature. Governor Roberts is said to have called the special session in response to the president's request largely upon the basis of legal opinions gathered by Miss White in spite of a provision in the Tennessee constitution which requires an election to intervene between the submission and ratification of an amendment. Miss White's Washington assignment has been until recently as national research chairman of the party. She was formerly executive secretary of the Tennessee commission for the blind, and is now the youngest head of a state suffrage organization.
Rural Carriers of 6th Will Meet on July 4 An all day meeting of the rural carriers of the Sixth congressional district will be held at Rushville court
house, Sunday, July 4, ieginning at 10 a. m. Among the most important sub
jects to be brought up at this meet
ing will be an effort to bring about the repeal of the 50 mile motor routes law and the withdrawal of the present
60 mile routes, and the enactment of a law preventing any route being more than 30 miles in length, with increased salaries for standard routes of 24
miles, and the same rate of pay over
that as paid for the first 24 miles. An other subject of importance is the in
surance feature, whereby $300 will be paid to a carrier's family upon his death. J. Cletus Stambaugh, a rural
carrier of York, Pa., who has appeared
before the senate postoffce committee and the Joint commission on postal
salaries will make the principal ad dress.
Masonic Calendar
Friday, July 2 King Solomon's Chapter No. 4 R. A. M., work in the
Royal Arch degree. Saturday, July 3 The ladies of Loyal Chapter No. 49 O. E. S. will entertain the Masons and their families of Richmond and vicinity at an all day nicnic to be held at Jackson park
County Churches
New Garden Sunday School, at 9:30 a. m. Reports will be given by the different officers for the past year. Morning services at 10:45 a. m. Pastor Esther Cook. Christian Endeavor at 7:30 p. m. This will be consecration Sunday and all members are urged to be present A cordial invitation Is extended to all to attend these services. Boston Methodist Church Pastor, Rev. Wilbur Thorn. Sunday School. Superintendent, Guy G. Girton; Sunday School, 9:30 a, m. Preaching, 8:00 p. m. Special, Patriotic services. Fountain City Friends' Church Clinton O. Reynolds, Pastor. 9:30 a.
m., Bible school; Harold Barnes,
Superintendent. Subject, 'David in Camp and Court. I Sam. 17.. 10:30
KILL THE RATO
TO-DAY
By Using
STEARNS' PASTE
1 International exterminator for RU. Mice.
' deem in thec pes to run from the bulld-
In a few momenta. Two sizes. 8Sc and tl.fi
thou Id be auouga to aui irom ou to w rmim. . REACT FN OSS WDEH FROM BULB
EVERY WORD WAS FROM BOTTOM OF JIS HEART Richmond citizen very earnest in his praise of the great herbal tonic, Dreco, which has done so much for him. Pain in back, rheumatism' nerves shot to pieces, could not sleep, limbs stiff and muscles sore. Now well as ever.
"One day I read about what a man said about Dreco taking a load off his back which felt like a ton of brick and I laughed at It but I now know that every word he said came from the bottom of his heart," declared Mr. H. E. Pleck, who is a car inspector and
lives at 2006 N. F St., Richmond, Ind. "I want to tell everyone what Dreco has done for me. I was so bent from suffering I was afraid I would be permanently deformed, as the rheumatism had such a hold on me. My back and limbs were sore and stiff; muscles were drawn and the joints seemed to be dry; my nerves were shot to pieces so that I could not sleep; I had shooting pains in my back and side. Really I was in bad shape but Dreco has certainly proven a blessing to me as I know more relief from pain now than in years; I can bend about and stoop over without the slightest pain; sleep sound at night; getting stronger day by day. I strongly advise sufferers to try Dreco and they won't be disappointed". No medicine introduced here has sprung into such favor as Dreco. Hardly a day passes but what some person drops in and tells of the excellent results Dreco has produced for them. It cleanses the system of impurities, increases the appetite and sends new energy bounding through every nerve; it restores the kidneys to healthy action and makes the sluggish liver waken; relieves indigestion, gastritis and constipation; quiets the nerves and promotes sound, refreshing sleep. It acts on the blood and banishes catarrh and rheumatism from the system. All good druggists now sell Dreco and it is highly recommended in Richmond by Clem. Thistlethwaite's seven drug stores. Advertisement.
i- I
ICE Buy ice tte SuPerior Way. If the man on your route has not seen you, call SUPERIOR ICE AND COAL CO. C. Li. Reinheimer, Prop. Phone 3121 Cor. N. W. Third and Chestnut
a..m.. Morning worship; 7:30 p. m., Evening service. "Come thou with us, and we will do thee good." W. C. T. U. will meet July 7 at 2 p. m. with Mrs. Emma Hunt. Mlddleboro M. E. Church L. F. Ulmer, Pastor. Sunday School, 9:30 a. m. Preaching at 10:30 a. m. Prayer Meeting, Thursday 8 p. m. Chester M. E. Church I F. Ulmer,
Pastor. Sunday school, 9:45 a, m. Preaching at 8 p. m. Whitewater M. E. Church U F. Ulmer, pastor. Sunday School, 9:30 a. m. Class meeting, 10:30 a, m. Prayer Meeting, Wednesday 8 p. m. Abington Union Church E. E. Hale, pastor. Sunday school, 9:30 a. m., M. 1 Meek, superintendent. Report of delegates to state convention.
Lightweight Wool or Cool Palm Beach
t Garments to wear on your vacation over July 4th You feel cool the minute you slip one on and you are cool as long as you wear it. A man owes it to himself to be comfortable these days and here are suits that will help him. See us for Straw Hats, Shirts, Wash Ties, Hose, Soft Collars, Belts, Etc.
yrj r T-r .f - " rr'j-"x -"gTTexn
X4fO30IKi ms
ESTABLISHED MORS THAN 70 YEARS The Loveliness of Fine Jewels Wakens the Heart's Deepest Sentiments There is a transcendent charm about Jewelry that can be equalled by no other gift. Women of taste and refinement have come to know that jewelry chosen at this store always has the charm of refined quality. Pearls, Watches Diamonds, Rings all reflect an enduring beauty that has earned this house its high reputation. O. E. DICKINSON "The Best Place to Shop After All"
John H. Niewoehner Sanitary and Heating Engineer 819 S. G St. Phone 1828
CANDIES Fresh Stock Always "Phil" Zuttermeister Now at 1103 Main
PALLADIUM WANT ADS BR1NQ RESULTS
n
m
131
m
.'.sa
:- .im
E3'
6.
61
&1
74
w.
lei
1 REED'SI
3 REED'S E
w
"HEN a store with a reputation like REED'S announces a July Sale it means something! First, the merchandise itself is of the
very finest character. Second, the prices represent a very real saving. Third, every reduction is bona fide! Therefore, it behooves every person who needs furniture now or is planning on new furniture later in the season, to buy now at July
prices. Values are at their very best at the present time and there is a greater variety cf different desirable styles to choose from now than there will be later in the month. Everything In Our Entire Stock at a 10 to a 30 Discount
Our entire stock of home furnishings is included. It is not a sale of merely odds and ends. In fact, even the very finest period suites may be purchased now at large and attractive savings. Look for the special price tickets which tell the story of extra special reductions. While the general level of prices shows a saving of from 10 to 20, many items have been reduced as much as 30. Think of the opportunity this July Sale presents in view of these facts! And back of every article stands our regular guarantee that is your full assurance of complete satisfaction. It is no wonder that thrifty minded people are adding so much new furniture to their homes at prices like these.
Young married couples, those who are about to start housekeeping for the first time, should be especially interested in the July Sale and these low prices. Buying furniture for the new home is always an important occasion, but just imagine how much easier it is to own the kind of furniture you want when you can save on every single piece of furniture you select. And also there is the satisfaction in knowing that your furniture will not be "cheap". Rather, it will measure up to the highest standard and have that character that will make you proud to own it. The choicest values will go first! Consequently, we would earnestly advise you to come as soon as possible. The July Sale spells real opportunity for you!
Special Terms and Prices on Complete Home Outfits
Watch for Details and Prices in The Palladium
Watch for Prices and Details of this Great July Sale
3 TENTH AND MAINC
RICHMOND, IND.C
II
V
