The midland journal. (Rising Sun, Md.) 1885-1947, 1920-05-28
A NATIONWIDE
|. PR|CE-CUTT|NG ON
Reductions Made In Wearing
Apparel Of All Kinds
BIG STORES HIT BY THE WAVE
New York Banking Interests Extend
Their Campaign OF pefiatlon OF
Credits And High Com
modify Prices.


joined in the nationwide campaign
against the high cost Of living by ex-
erclsdng the utmost conservatism in
granting the extensions of credit and
by bringing pressure on borrowers to
compel large reduction of loans. Lib.
erty and Victory notes sold at new
low records, and the price of grain
stuffs came tumbling down.
The price-slashing movement spread
throughout the city. The afternoon
newspapers carried advertisements in
serted by leading department stores
advising the purpose of reduction of
rs to SO per cent. in wearing apparel.
Even grocery and butcher shops ap-
peared to have caught the fever. In
their windows were signs such as:
I'VE Are Doing Our Part To Beat
Down the High Cost Of Living. See
Our Specials or, "Porterhouse
Steaks, rs Cents a Pound, Will Help
You Keep Down the Cost of Living"
The man on. the street seemed we'll
pleased with the visible evidence that
the H. G. of L. appeared to be get
ting wobbly, and that the price
slashing was affecting the necessities
OF life, such as food, clothing, etc.
Il don't care how much they prof.
teer in automobiles and diamonds, so
long as they get the price of food and
clothing down." was the view Of the
plain, every day citizen.
Banks, in the wholesale drygoods
and general merchandise districts,
have been proceeding along the same
lines, and the pressure exerted by
those institutions is said to be di-
rectly responsible for the wave of
price-cutting in many lines Of retail
trade, especially by the large de-
partment stores.
In Firth avenue, a woman may buy
furs for SIS, which the merchant
short time ago wanted to sell her for
$1O0-only she wouldn't buy then.
Because she had her old shoes re-
paired rather than pay $40 for new
pair, she is now able to get that same
new pair for $11.65, and she can do
very much better than that if she does
not insist on getting something
"fancy."
A little while ago the suit she really
wanted was quoted in Fifth avenue at
SPAS. She refused to buy it, and it is
offered to her today for exactly 800
less. If that is the suit she insists on
wearing she has saved 500 by wait
ing few weeks. The business suit
that she refused to buy for $85 is now
$50. And with the $35 that she has
saved on that purchase, she can get
another tailored suit Of the sort that
formerly cost $50 to $40.
She can save from $25 to SIS on
wrap which she recently refused to
buy for 500 or $3.50. Dinner gown
prices are down more than so per
cent. in several fashionable shops. A
chain Of women's stores operating in
New York and other cities announces
that it's prices on suits, coats, dresses
and hats have been cut exactly in two.
palm Beach" suits for men cost
$18 and $40 at the beginning of last
season. Today they are advertised
for $11.25.
Z Shoe sales are announced at from
20 to 25 per cent. off, and one store
offers you 50 for your old shoes when
you buy new ones-and this regard
less Of the condition of the old ones,
which, it says, it will give to the
Salvation Army. Another store offers
clothing at mo profit for three days.
Another will sell you for $3.50
spring top coat which would have cost
$50 if you had bought it for Easter.
Great reductions are announced in
things that children need. Washable
suits for boys are offered in one store
for $2.65, a price advertised as below
the original cost"
Suits of underwear for children may
be had for 7S cents Wash dresses for
little girls are $2.25, which is less than
half the former price. Shoes for the
children may be bought at any one of
the various percentage off" sales.
where whole stocks are offered at re-
auctions of fifth or a fourth or more
nalNE MAGE ppOpOeAI FAILS