davidaulloa/AmericanStories huggingface dataset:
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1906-01-22
FL SINO

de la desgracia; estaba empe1a.
do en- vivir dentIo de ella; nc
habfa forma de hacerle cambiar
de habitacion, bien es c1erto que
la desgracia no le presento
nunca recibo a primeros de mes,
dato preciosisimo para aquel
sabio que corrfa con los niue
bles delante y la mujer y los Chi
cos detras, de distrito en- dlstri-
to, de Gale en- calle. azuzado
por una trulla de CaSeros.
Con los sesos que lie sobraban
a el, hubieran tenido un "lleno'
multitud de cabeZas; con sus
facultadeS inteleCtualeS, repair
tidas entire varios hombres y
aplicadas a urgencias del vivir
diario, encontrarian aquelloS
bienestar; pero Modesto Velas-
co, que conocia todoS los siste-
mas filos0hcos estableCidos y
precursaba los por establecer,
que llevaba la metafisiCa en- la
punta de los dedos Y diez 8 do
ce idiomas en- la lengua Y que
presentaba atinadisimas solu
clones a todos los prOblemas
humanos, no acerto nunca a re-
serva el insignihCante proble-
ma de un solo hombre.
Modesto Velasco, que tenia
una barbaridad de entendimien-
to, no ten1a I'm adarme de Senti-
do cOmun. No 10 tuvO nunca.
El "diarico", al aComodarse
las exigencias legitlmaS del
animal humane, que neceSita
"buscarselas para ST y para los
animalitos de la especie que
por classification lie correSpon-
den, resultabanle charada in
desCifrable.
iBuscarselas!.. No saba
que era ESQ" Estoy por afr
mar que ESQ le parecia un ac-
cidente, no una imposition de
la lucha por la existencia.
Viva hacia dentro; marcha-
ba por la realidad en- perfecto
estado de onambulismo.
No conoci, ihasta ahora, tipo
mas dolorosamente comico que
aQuel bObalic0n de sabio. Con
los ojos cerrados para los suce-
SOS del mundo exterior, pasaba
junto a elloS entregado d los
suenos dulcisimos de su inteh-
gencia; suenOs perennes, ali
mentadOS en- las biblioteCas por
libros para 81 encantadores,
que lie hablaban de las teogo-
Mas indias, de los geroglifcos
egipcios, de las filosofias Criega
y latina, de la conciencia uni
versal. -. de una porcion de
cosas por 6l vaciadas con sinte-
sis geniales sobre u11'. mont0n
de papel,
Los tales montones transfor-
mabanse muy luego en- Memo
riaS, en- fOlletos, en- llbrOS NAL
vendidos a un editor.
IQue le importaban las pese-
tas a VelaSco? Lo importante
era que "aquello" anduviese,
que sc hiCiera vivO en- letras de
molde, para goce de la Ciencia
y del bien.
Tales eran suS SuenOs, y GUAM
do algun suceso del mundo ex-
terror, por tocarle de cerca, es-
torbaba su paso V choCaba con-
ira el, sacudiendole con grosera
brutalidad, ponia un gesto lie
no de dolor, de sorpresa, de
asombro; el que pondria un
hombre dormido a quien des-
pertasen dandole un punetazo
en- mitad de la cara.
De Soltero, Ell fenomeno nc
tralo conSecuencias mayores. A
Modesto sc le daba POGO vesti1
NAL y dormir al raso; en- puntC
a conner, claro que comia, perc
tan NAL, tan breve y tan sin en-
terarse. que la nutrscl6n era
para el una function superfua
Cierta vez sc llevo tres dias dt
ayuno, absorvido por la lecture
a II
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
PROFITS OF UNDERWRITING.

Regarding the profits in the underwriting Of
syndicetes formed to place securities on the
market. the report says:
The profits OF the Company from these syndicate
transactions from 1897 10 1905 have been stated 10
DE s4oZZ6450 These profits have been mentioned
with much insistence justifying the syndicate
peruclpatlons and II is further urged that the
SestTnents OK the Company have. the whole
Deen conspicuousy successful. The net credits 70
the pront and loss account from securities sold
from January l. 1895, 10 September 30 1905 inclu-
siVe' amount 10 s2.7S64 29 But II is evident that
those managing Its financial Affairs have been In
a position by reason Of relation other compa-
MES and 10 financial enterprises, without violating
the accepted traditions or depa rting from the
standards Of the Company's management 10
greatly advance their personal fortunes through
me exercise OF their discretion trustees II has
peen impossible within the time at the command
OF your committee 10 ascertain the full extent to
winch advantage has been taken Of such opportu-
In the case of the Lawyers Mortgage Insurance
company an orer was made TO the President of
me Mutual or 1000 shares OF increased stock al p
price which would have proved advantageous
investment for the Company, but the matter was
not brought 10 the attention OF the Finance Com
nittee. President McCurdy, Vice President Gran
Mss, Treasurer Cromwell and Messrs hubbard
Jarvie, Haven and Isein OF the Finance Commit
Tee maze a joint purchase OF the shares on their
lnd1vlouat behalf Within few months the shares
ADVANCED 90 per cent and more in value and sew
eTa OF the participants closed out their interests
Treasurer Cromwell Messrs Haven and Iseln
testl1e0 that they had knowledge of the OFFER
or the shares 10 the Company. This also aDDpars
10 have been the case with Mr.. Jarvie who through
ms connection with the enterprise would in any
event, II is said. have been entitled to subscribe
for shares 10 an amount equivalent 20 that which
q
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
METHODS OF THE EoUITAB1F

The report tells in detail the old story Of the
AIexander-Hyde fight for control of the Equi-
table Life Assurance Society, the sale Of Hvde's
STOCK TO Thomas F. Ryan and the adoption of
pan Tor naturalization 1t tells of the close
connection between the Equitable and the Mer-
camille Trust Company. Regarding the settle
ment of Ex-Governor Odelrs suit against the
trust company to recover his "shfnbuiIdtne"
losses, the report says:
Although the Gambler bill was not pressed and
MI. OdeIs SUIT was not brought until months
later, Il may be that the fact it's Introduction
was sufficient TO induce a fear on the part of the
officers OF the trust company that proceedings in
mlca 10 Its interests might be taken IL those who
could initiate them were not appeased. II is sig
nihcant that in the subsequent negotiations Mr.
Hyde mentioned the bill Mr.. Odeli. who repIied
that whatever the outcome OF the settlement might
be there would be no fear Of retaliatory legs-
laton Upon the testimony IT cannot be said that
apart from the Introduction Of the Amber bill
any threat was made. but II would seem that al
the time Of the negotiations the situation was such
as 10 make proper the assurance that there would
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
PAYMENTS TO ANDREW HAMILTON

The committee says that the transactions
with Andrew Hamilton. who had supervision
of matters Of legislation and taxation through
out the country. exhibit extraordinary abuses"
The total payments Hamilton are said to
amount 10 S1.312, 1877 since January /, 1895. and
the report adds:
The above mentioned amounts charged 10 legal
expenses were IN addition all the ordinary out
lays IN connection with suits legal proceedings
the work OF the legal department OF the com
pany They appear 10 have been paid upon the or
der OF the president without the authorization or
approval Of any committee OF the board. II does
not appear that they brought specifically
10 the attention Of the board President Mccall
obtain these moneys upon orders directed 10 vari-
branch Offices OF the company the accounts
for which would be returned TO the home office
There are vouchers Hamilton's general re-
ceipts without EXPERIMENTATION Of the services
rendered the disbursements made.
The explanation furnished is that Hamilton re-
ceiVed a retainer OF $1,000 year. that the work
resentatives and the payments OF money TO the
press that essential 10 its successful prose
cutiOn all his transactions should be regarded
as confidential. that no accounting should be re-
ouired even by the president OF the company. and
that II gas agreed that he should receive in ad-
dition 10 his retainer five per cent the amount
of mis- disbursements. and fifty per OF any part
in arv year The result is that this large amount
has been placed through executive action in Ham
ilton's hands. and that the company has nothing
showing in any suitable manner tho necessity for
lis expend.ture that IL has been properly ex-
PENDED or that IL has been expended at all.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
NETWORK LIFE METHODS.

Taking up the New-York Life Insurance Com
pany, the committee says the company AT the
end OF 1909 had outstanding 924 712 policies. rem
resentins Sl,92S 609,3OS of insurance. Regard
ing the method Of keeping the MANAGEMENT in
control the report says:
-teSrsest number OF at anv election
so9 - oa was ze1s IN 1905, and the next largest was
10 a. 80 he votes cast in person have been cast
~ ehployes or the New-York Life the isrSest
al any election being go and the remain
.As No'es nave been under proxies r11rninp
70 Ihe PRESIDENT and three presidents of the
cohlpany IN their individual names. There are
pfooa9y eV0D OF these proxies in this form held al
me once OF the company. which have been taken
Wltin the last ten years OF these IL is estimate
that apout zoop are sun in force. The proxies bv
ther terms are good for ten years. unless they are
revoked, which rarely occurs. AT the annus! cleo
ton sufficient number of the proxies in force are
seiecteo 10 make whatever showing of NAV
De desired. AS In the case OF the Mutual, the ex-
ecutlve ohcers. easily maintaining through the
agency FORCES an adequate supply OF proxies, have
elected the trustees. by whom they in turn have
been chosen Government BY the policyholders has
existed only in name: the officers have been
lutte control and there has been a corresponding
lack OF proper sense Of responsibility
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
GOVERNMENT BY COMMITTEES.

The committee says il does not appear that
The board II trustees exercised any effective
cheek OF the mana cement. The trustees pur-
q which the finance committee was the only one
% exercise adequate supervision. The result is
thus described:
= natural that the exercise of practically
Irresponsible power by executive officers should
esis ~ porcynolders. Salaries were enormously
-l-rezse1 The presidents salary, fixed 10000
beVe=n 81 and IS, and $4,000 from 1856 1872,
es increased 70 1900 IN 1873 70 $50 600 in 1875. 70
S'a u ls+6 and $50 90 IN 1901 The -pres-
c+7i salary. which was $1,000 for the greater part
q me time between 1877 and 1855 became So so in
~ $4,000 IL 1892 $500 IN 1895. SO 900 in 1886 and
ss-tH -U 1872 Another vice-president added in
80 at salary Of $4,000 The salary Of the second
" ~ The treasurer's salary, which was sls 600
= lts. vas gradually increased until II reached
- n -e-. The general manager received go
~, -r -s--. and was paid 90 from 1902
These salaries We're not fixed by the board Of
-r-sf-es- and apparently The board has knowi-
e-Fe ~ rhern. T-hev were not fixed by any one Of
ne standing committees Section Is Of the bylaws
f--df-uE 70 ire finance committee provides: 1T
tta- also determine al questions OF salary and
COM eIeaJion Tor services when not fixed by the
'Qlfd. the president or another appropriate COM
--iiies IN practice Il seems that about twenty
ears aSo . subcommittee on salaries was aP-
POINTED Or the finance committee and this sub
committee NJ TWO OF three members determined
-ns 50 ares u the executive officers in al subse-
llslt wears. It's proceedings were not known 10
80 matte was so treated that the large lncrea ses
~ ne presidents salary appear 70 have been kno Wn
only 70 rWJ members Of the subcommittee sal
6'-ee and % the president himself
relatives have been cOnspicuOusly favored. Rob
- =. NcCGrdr- the presidents son. was graduated
rom college IN 1881. After year Of foreign travel
serffal agents ~ tie company for the metropolitan
district (New-York Cityl, and in 1883 became a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
CAMPAIGN FUND CONTRIBUTIONS.

Regarding the New-York LIES contributions
10 campaign funds the report says:
Inc New-York Life contributed to the Republ-
~ -.alohal Campaign Committee s4s.702 30 in 1904.
itsS mat similar amount Tor $4,000 con-
49, dIeSniundoly large contribution made In
tsbish SsaTs the amount is satisfactorily es-
9eyond the fact that at least 1880 was
Tnon ~ Iee1 IN ~" Despite vigorous insistence
~ ne propriety of these payments TO assist in
tb lItenahce or proper monetary standard,
Stients nave not been disclosed by satsfac-
aZr tntLIes upon the books of the company, and
fb Ely every effort has been made to conceal
~. In, roT example. the payment made in 1904 did
an "I t among the expenses of that year in
49, y. me regular ledger accounts. and. it is
did not form part of the disburse-
IePorted 10 the Insurance Department De-
fan H"eT 81 1901 This was made possible by the
Lna, 1lat me company owned certain securities
pon ia as mon-edger assets: which did not appear
rs general ledgers. The proceeds of these
tressnrI were entered in ledger kept in its
crd9sy department at No. Nassau-st being
$3.50 1910 20 what was called Hanover Bank Office
1oN xIno oo IL was TO this account that IN March
by sioo,oO paid 10 Hamilton was charged, which
rsai . as entry was afterward transferred to the
rnentionade account as part of the s235Oo0 above
~ P Inc S4s.7W so paid to the treasurer OF
~ ,b aePnplcan National Committee was charged
ne hanover Bank Office Account on Decem-
en- o. Iss by order of the president" without
49, ePeclncatlon OF the nature of the disburse-
rned OF the person to whom the payment was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
Friday Specials and
Stock Clearances IN
Table Linens, Towels, &c.

All Linen Henstitch Sets-s-+ size
Al - HisT.,ns-v-ere s. 40. ---.----- 2 IS
All Linen Damasks-eo TO Sc inch 20
-, A. - cenys .......--......--..- 90
All Linen Napkins-1s inch 10
yrarA 81 10 dozen. -.------'- -.-'- 90
Hsrcerized Napkins-24 inch ~
y,-srs 81 QS dozen. --------.-' 40
Fine satin Double parnasHs- 10
IS and 70 inCh-special --'---'.-- 20
Napkins to match
81 s,ze-usuaIly S26e dozen z. .
a .ire-u-ually So 80 dozen 8 l .
MarseiIIes ls-frtnged-speclai- .
Huck d-1sx3c-resularly IL .
EuU Rlssched Huck-H. $
Taxgs-vere .15....----.----- i
Heavy Turkish Towels-2ox40--
were - cents -----' .'''-'' =
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23

s2o 20 %. apparently the balance then due upon
Ihem ana were carried by that firm until the fol
owing october At that time under the same ar
Isa9gement J. p. Morgan Co repaid itself by
ueuuctns this sum with interest $3.50 $40 49, I'm
counting to the New-York Security and Trust Com
Pany Ior certain profits upon participation in the
United states Steel Corporation Syndicate. The
New ork Life had threequarter interest in this
participation, and the amount retained by ]. P.
morgan n Co was charged against its share Of the
Lrohts the balance being RENTED TO the company.
Inc result was that the amounts thus In effect paid
oy the New-fork Life TO Hamilton were not
charged to the legal expenses OF the company nor
III any ledEer account. and hence 1t would appear
are not included in any statement of the expenses
OF the company repSTted to the Department OF In
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
STOCK SALES TO EQUITABLE.

The syndicate transactions by which stocks
for the Equitable We're bought through Kuhn
Loeb & Co. thus described in the report:
Kuhn. Loeb & Co. acted for the syndicate in &C
scriDtLS ~ cost tnes cans Upon me Hyde sgd
to be transferred The payments on these calls
of Kuhn, Loeb 6 Co. and the matter was treated
on the society's books as corporate transaction.
name of Kuhn Loeb g. Co. indorsed in blank and
held them without transfer The payments were
uary 1898, being entered as 10000 Union Pacific
read the entries in the security register before the
finance committee
Der Of this committee was present at the meeting
at which the above entry was read and also
Their purchase approved. but testifes that
the reference to the matter did not attract
his attention, and that prior to the disclos-
ures OF last spring he had no knowledge
f9 R as ha 1T a M d
personally In the annual statement of 1903 the
vestment Mr. Mortimer schiT Mr. schi CHRIS son.
IL appears objected to this and in the statement
omitted The total payments made by the society
10 the amount of S2,O50oO0. In July, 1906 Mr.. Hyde
formally assigned to the society all his interest in
the syndicate agreement, and on being advised of
society fhat then Would cor3mU1icate Wiz tbs
sUndiSats n1anagsrs deyarnpIna b WIN ac IN
should be taken with regard TO the recognition of
further action In the matter has been taken
The Equitables purchases Of stocks through
Kuhn, Loeb Co in the last five years are said
in the report 10 have been SAT. 7S4 4OS while the
total purchases OF the society in the same period
are given as $1970o0OO0. The report also says:
The Equtae has sreqy it business a
has Increased from 1851 33S 24s 81 As 502 1872
and its annual premium income from SIS 40. 67s TO
ST. 645 So. It's surplus at the end OF 1885 s2.
80. 145 While already stated, the end or
1904 its reported surplus was $50 49, S6l. revalua
tOn of It's holdings of real estate and trust COM
psny stocks IL appears TO be about So. 0l00p,
But as in the OF the other companies 1t
increased business at excessive cost, and the
turns policyhOlders. whether annual deferred,
have diminished. In 1894 the total OF
business including advances TO agents. which
should be fairly reckoued part OF H. amounted
to SO 1854 Its OUTLAWS upon first years bust
ness we're per OF the margins upon the first
years premiums. including loadings and first years
mortality gains
The business in the foreign agencies has been the
expensive. In the London agency in the
year 1904 the hrst years premiums amounted 20
S85. $50 81. and the first years commissions guaran-
lies and expenses attributable the cost of first
years business amounted according 10 the society
statement. 10 S&5s O1 81. or l2ig per cent
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
BIG INSURANCE COMMISSIONS

In criticism Of commissions allowed bv the
New-fork Life on policies. the report saws the
officers Of the company received commissions in
some cases. adding:
:, ms Is true IN one of Vice President per
Ems VINO In 1901 took policies for $50 OGO through
an agent, IN order TO assist him IN Cnntaef for n
S ser amount Of business, Mr. Perkins receiving
Tie dgeht 5 commissions his own Insurance.
fresldent Kingsley. in obtaining certain mol
LIS from the company directly has received an
T-oniinisslons have also been allowed 10 second
y RESIDENT T. r Perkins II appears that there
IS d general practice of allowing comr1issIons ~
nose connected with life insurance compan npoD
their own policies -fo4ieS uPoIl
Inc enormous increase Of business has been oh
uaned at heayX cost In 1904 the first Years IRE
BUSINESS ]Ii,do si OF this amount over IS 900 900
bonuses. advances ana
0uCn amounts could not be expended save at the
expense or the polcyhoders Thus n was admit
Ied py the actuary. in letter TO the general man
SaseI. IN March, 1903. that the rapid Increase 81
business IN the three years previous had required a
borrowing from the SURPLUS nf afn,tt n6 GO a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
R. H. M'CURDY's BIG PROFITS.

Inc record shows the commmittee saws. that
n n. McCurdy's net profits. paid to him by the
nrfn from 1883 TO 1904. amounted TO s5SO.7ss. and
that his commissions on the Mutual's foreign
business. as superintendent of the foreign de-
partment. from 1886 to 1905, amounted TO
sl'26S'Sso. Then follow these statements
fEl9r to 1888 one half OF these commissions was
pat9 Dy ar. McCurdy TO Mr.. Raymond. and he also
pald 10 Mr. Raymond one-half of the amount sub
SeqGehIIy received as renewal commissions upon
pdslness previously written. These renewal COM
missions are embraced within the totals above
tanned 0 nv '0'i ''OeA
In June. 1908 Mr.. McCurdy resigned as superin-
tehoeht or the foreign department. and elected
seheraI manager of the company at an annual
saIs1y OF SaO0O which, in July 1904. was increased
70 soNVo he also received for travelling expenses
10 l-4. covering three trips. about g $40.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
STORAGE NOTICES.
GLOBE STORAGE AND GARRETT CLEAN
ING COMPANY,
400 3O4 3OS and 3O7 East 6lst-=t


BOZ. 3O4, 3O5 and 3O7 East 61st-st.
New-York, February 18th, 1906.
To Alex Wiley, Mrs. II. Taylor, Louisa
Larson. G. W. Gceble Mrs. II. Kleinberger.
Mary L, Cormack. H. A, Connolly, James
Miller. Hannah eastman. Miss Molendo,
Elmer W. Gobler, Monte Collins. Frank
Thompson. Mrs. L. Van Horne, Mrs Walker
Curry " Prial, Mrs. NJ. Burgi. Mrs. A
Herrlich, William c. Delfelder, Mrs T. La
vine Miss Delroy. Mrs. Beach, N o Suli-
Gray, Mrs. NJ. White. Mrs. Joseph Calm, F.
w Peer. Mrs. Mckinney. H. Olsen. Miss
Sinclair, Amanda Allen. Mrs. II. Galland.
Mrs. James Kennedy, Mrs. Hunt, Mrs o.
L. Goodlitf Mr.. Nick enz!e. Mrs. McGovern.
u Cohen Max Mayer Kate Grysell. II. A.
Hagan, J. Cox, Mrs. B. Lynch. Jno; I.
Gardner Major Wright, Nav L. Missildine,
Mrs. W Roome, Miss z. Meier, Edw. car
ney, Mrs Mulligsn. Mrs p. King. j J.
Lindsey Mrs. IAlhe O'Brien, Miss F. Kie-
FER. Anna Klein. NJ. ]. Geraty. Mrs A
Mrs Swasky: You and each OF you are
hereby notified that the time for payment
OF our lien upon the property hereinafter
described having expired after due notice
thereof had been given YOU, We Will cause
such property, 10 Wit; household goods, per
sonal effects and merchs ndise. stored by
YOU or in your name In tue Globe Storage
and Carpet Cleaning Co Warehouses, to be
sold at public auction according 10 the
statutes In such cases made and provided,
York City, on Thursday. March Sth. 1905.
at 1870 a m. and IL the sale thereof Is
not completed on the said date the same
will be continued AT the same place on each
and every Thursday thereafter beginning
at 1890 q m until the sale Is completed,
GLOBE STORAGE AND CARPET CLEAN
ING COMPANY,
A q YETTER President and Treasurer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
DEALINGS IN SECURITIES

me dealings of the New-York Life in secur-
'ilIoush George w Perkins, as chairman
- ,' Ai'ahce committee. are described in detail
IN the report and are summed IN as follows
q ne evidence is that while Mr.. Perkins has been
SeI We, OF the firm of J. P Morgan & Co. the
OK Life has purchased from II securities ~
IN dne par value Of S39 8O75 for the nrice ~
sold az Of OF these s657OO in par have since been
u a. pront 10 the company of S35 131 25 and the
Si4g5S3 40 over cost " 07u W De
.-I ne company has also entered into numerous
lions on Joint accounts where the object wa s
asr 80 uuS Ior investment but for the purpose of
TTaL4y SAFE on rising market. in other words n
naS sought TO take advantage of the financial con
441.CoS ana Information of those charged with IT'S
sible 10 the banking business 1850 as P''
mere is ground known IN tho cor,,,,,+o. g.
qoissuonlng the soundness of the company 1t is b.
soIutely able 10 meet its engagements and tbs
serious abuses which have been disclosed have not
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
PAYMENT OF HAMILToNs NOTES.

After giving a list OF the notes OF Hamilton
discounted through the Central National Bank
and the New-YorH Security and Trust Company
the report says:
The company has and never has had any
ord voucher or statement ustifying the conclusion
that the aVaiis Of the notes used for it's pur
poses Nevertheless In December 1901, pursuant
10 an ARRANGEMENT made by George W. Perkins. al
President AcCalls suggestion. these notes were
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-23
ay, as Usual, Bargain Day.
Friday Stock Cleara-ces II
wcrren'S Suits and Goats

Ch~vsot and Panama Suit-fancy
tail0red-aIsO mixtures. Etons and
Pony Ccats-wsre SOD 9s ~ 2. %
Velvet Substituting colorS-
blouses and medium length coats
were SIS Sc ..----.--.- .--.-..-. . .9S
Worseu's Black C-hsvtot Coats-also
mlxtures-th-ee-q quarter length
were 50 % OBSERVATION-DISCLOSURES. 8 %
Black Chsvtot MOntagnec and Kerssy-
thrsa-quarter-fun satin lined
were $3.50 70 SD 90. .---.-..--- .SS
Extra quality Chevtot. Kersey and
observation-disclosures fun satin
Hned-were SIS % ............ I g 90