Highland Park Public Library Local Newspapers Site

Highland Park Press, 13 Aug 1931, p. 16

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m ' “" "'"ML‘ .4. . an. m...“ “ _ " bl' at “.1.” ", in - ' August issued by The National . City Bank of New York) The German tinoreinl crisis has hall a restraining skeet upon hopes that putamn business expansion might be more rapid or greater than usual. the monthly review of business published by The National City Bank of New York declares; The review points out that Germany is the third largest 'le,qig,1i,-1"reift'4 Pf "" and that _ 9 "itti '0 er FMrtEtrttfiE A T " W ing ways and detrNetretttend over the world. . "There is no reason to fear that business revival will be compelled to wait for complete removal of all the obstacles opposed to it, for necessi- ties must be supplied and trade goes "on despite handicaps and over bar- riers, and the millenium of a perfectly organized world whose people always behave rationally is not within reteh/ Nevertheless, the month's foreign; news offers diséppointing evidence of the seriousnas of the didiealties, which remain to be dealt with, after' nearly two years, of depression .and ‘oi' the proble'ms to be solved in re- storing world trade and international capital movements to normal. yah I tl . I o " o t I I _ conditions the stimulus given to the markets by the moratorium proposal has been largely lost during July and business has been g‘enernlly dull.” The filling of'necessary needs for articles of everyday use enables the indus- tries which supply those wants to make. a good showing. On shoes, woolens, silks, rayons, cotton goods and tires, production has come . long General Business Condition Highwood; Illinois Next Door to Postoffice BOUSEDRESSES {flied 21'lf,f.f HOSE. you --- ow t tuugir. "A“. a: 'hair '.?.CCCC'.C"C'rCC.C..CfC1" _ Iardteer - "7reeaet_gir,tapc'tTceT'-. a”: 119;»: each each --t-t..t. Ladies Me Lidia 5: H A N DR ERCBIEFS GOWNS eneh Ladies? Phillipine RAYON HOSE " Ladies Broadcloth SLIPS each each Ladies Rayon Crepe SLIPS Ladies Cotton BLOOM MRS pair RING {ENC}. ttu""""'", hole never ore . ft: It Le,'.. cum. noun. :3; 3.. fie"; .1..:"7..-'_.. 51:09 _ For the Ladies 79c 29c 19c 39c hh: 39c 2c wsys from the bottom and hes been] running larger thsm ' you see. Imam m We: 1'i'i'la'G"a"GGG'/ the chief support at hgsiueu both " to volume and pron, st the present time. The heavy industries, 1tisweier',' are down and the amount of their contribution to the business total is so greet that the composite seasons!- ly adjusted indexes which measure activity have declined, other due sl- lowsnee for the usual summer - sion. Some have found s new sts- tiyat,ie2alycttgat, tor the depression. be- Tiii? "thFiT"'Ntitr -mti-tsreat8t-ter level." I The-review adds'tlnt the seasonal decline in retail trade is evident thin yen as dual, but that the volume of goods sold by the only stores for which f1trttrets are nvaitnNe-dettatrt- ment and chain store-has continued to run ahead of last you, though dob. hr sales have been mullet. Based on its compilations, the bank reports that emu net piofita, after all chases but before dividends, of 325 industrial and more chandieing commotion: tor the Arast half of the current your, mounted to approximately $353,000,000, smut $639,000,000 for the same period of last yen, in decline of 45 per cent, Compared with the same period two 62 per cent. The review notes that the stability of the domestic money Instinct was not disturbed during July end that little of an eventful nature occurred despite the critical developments which brought slurp advances in rates in may foreign countries. "The foreign aecéion of the bond market during July mstiateted the It is interesting to observe that now at {time when invested -arrrtttrettirmrfirtrmrMMFertryr'%r'rrrr" s-ter-far-tgt merchandise for irertramnt and family we is Mimi» no“ in certain to go up. Invest your an? NOW in the thing: rl,' need and will need aid you will anti increase its mu: buying power. THE PRICES ON OUR SA E ARTICLES ARE LOWE THAN EVER AND SPEAK FOR THEMSELVE! Household Goods Turkish TOWELS. fancy den, 22x41 Got the ' world bent for value; each J Tuikish TOWELS. " the 26c kind; each ...........- WASB RAGE F, Cent's Machine THREAD 4 the spool w...........--.................. c ther “Golden Rod" PRINTS 'g,tursuolt,utt""Tltt or t s n, _ PERCALES. 't lav-1v mtfnnn! curd Ite etch PERCALES. lovely natural: ”rd..... PILLOW BuPt' 19e grade; out: ."............ Me grade; one]: .........t... no sum lam. am»- am la, when)“: etch Asbe missus; ouch ”#Shapimfsi _.rT.-_' ECONOMY SALE the giggling gg'ounted to THE PRESS 23c 19c v.._3c _ 4e 253 Bae At After reviewing- completely the German bsaneial mutation. the re- view cell: attention to the resolution of the London conference to - en eibilitiee of cunning . portion of the short term credits into long-term credits. tht this subject the review aye: _ shock to inveetment ooetBdet'tee conned by the Europeen ftrtnneinl erieie end brmretrhrrshmmdrter-mrsr-9r_ ferment of paymente on Chilean bonds, which in eignilleent of the problems cmted in the debtor ne- tione of Letin America by drinking government revenues and the dim- ty of obtaining foreign exchange,” the review continua. “under existing conditions the German problem clearly is that of maintaining short-term credits rather than of obtaining conversion into long-term obligations. In View of the prices now prevailing for Gennan bonds in all markets the suggestion of long-term credits must be regard- ed as impracticable until the credit status of Germany is more debtitelr established. It is hardly to be sup- posed that new long-term credits ein) be negotiated which will be subordi.. nate to the obligation to make repara- tions payments. When the first Ger- man loan was floated under the Dawes -isiGrrfi'ir6i7iiFiriiiriCotTii6ii"ariiit- funds for establishing the new Reichsa bank and currency system, the bonds were made a tspeeitie first charge on all payments provided for under the plan bf the Dawes committee to or for the account of.the Agent-General for Reparation Payments," such charges being prior to separation and other treaty payments." " For the Children 'Boy'l Strong Buck STOCKINGS. pair .- Bor's BLOUSES, 4 fut colors; each... eoitd M: each 30". 3320.5 Borh 8mm. ' I SOCKS 331' 1'.tl.tfff.le..'., IN (i,thetitd,l'.." STOCKINGS. pair .'r.f.".'.1'1'.'..._...._.. ISe School Incoming Prep." New! It..., IN l 49c-69c :h ,._........_69¢ “w-mw35c 'ffl, IN Highwood, Illinois SHIRTS or snows. SHIRTS or SHORTS. Men’s 50: 8WD]- Men'. BALD); ’b'ette‘f trade: _ tair Next Door to Postoffice Men’s 50c B.V.D.’s _ Aden'. B.Y.DN, tiUtit grade; my _..........TSe Men’s DRESS SOCKS, 7 plain colors; pair t-.-.tt......w'r-_ c Men’s DRESS SOCKS, . faney nyon; pair ..t......-.. 19c Han-'- -8‘l‘-AYDOWN BROAD- 211.?!“ 13518118. collar nttneh- , n p co on .or _ fuicy patterns; can. $1049 Man'- collar “tacked [IRES MmtTtVplain or, " (my; each ....tr..mtr.tm.-.--m.... e M ' WORK SHIRTS, hI:-' "all ___ U 39e blue; mush __........-........- Men‘s Elbow Sloan Mum UNION SUITS 69 etch w.......t.r....rm.r--.'"""""' wr* e new 5tth'ttrd,'"%e on can't s t it ft'fl..t1llr..'.'.........79e ",'.'tt't four Wonk PANTS. w e t ey nat. mil- -r"__.-,...-..'s",,., $1.10 pair D. A. R. Better Finns -".eee ., “w _dymmtitttte...Jt.ty.vjew As this column goes to pm: our hen! theatre is eloged and there will have to be some "adjustment oCpro, mum. We are much concerned over the poedbility of mining "Daddy Long Legs" but should we be deprived of the showing on Wednesday and Thursday as expected, we ere prom- bed it will be shown both Friday and Saturday. A very “wagon-y pic- tggiaga,Mtlo,t m - . het.fea- ma ”Inga! {Si-“mam tome are "Latryer's Beeret," an outstanding film with an interesting out of screen personalitiel, Clive Brook, Richard Arlen, Charles Rogers, and Fay Wray. Cottetmtration is centered on the story itself and the direction most excellent. nature for the very young, but thought-producing for youths. "Anna. belle’s Affairs" a hilnriously funny comedy with an unconvincing plot, and fraught with intoxicetion. Has en “wholesome iniltteneet and not recommended. “Vice Bed" is an exponent police systems whereby a man is forced to act as tstool-pigeon for the illegally operated vice squad, -me Jr, new sued the. be?! y the last “Donovanfs Kid" will brink delight to the entire famil . It is from 93 'torv "Bid Brother" by Rex Beach. heme Cooper is “in the capable lit- tle qtetor and lovable kid. The rack- eteering element is preminrtriit only incidental, and there . are tetra and hughter a. plenty. Richard Dix is the father. A treat for the family is "Donovan's Kid." _ . For" the Men Thursday, August 1 IN

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