Silver Unfit for Standard Money Says Bank of Commerce
The National Bank of Commerce in New York argues silver is unsuitable as a monetary standard. It cites volatile London and New York prices, resulting hoard melting, coinage debasement, and reduced global reliance on silver for coinage. It notes Mexico’s falling output and forecasts US domestic silver remains pegged near 99 cents. futures above $1 may curb treasury buys.
MENTIONED IN THIS ARTICLE
National Bank of Commerce
New York
London
Mexico
United States
Treasury
China
Congress urged to destroy 50 million gallons of bottled liquor
Federal prohibition officials urge Congress to destroy 50 million gallons of bonded liquor as warehouses remain full. Officials warn that 100 percent prohibition is impossible while bonded storage exists, risking higher prices and continued illicit trade. They note vast bonded stock and thefts, and argue destruction would simplify enforcement and curb fraud in permits.
MENTIONED IN THIS ARTICLE
Washington
Congress
Kramer
Prohibition
Drys
Fresh complications in foreign situation affect market opening
New York stock market shows irregular selling at the opening as fresh complications in the foreign situation and signs of strain on local financial resources unsettle investors.
MENTIONED IN THIS ARTICLE
New York
August sale invites furnishing home for coming winter
The notice urges customers to shop August to September for furniture to outfit living and dining rooms and bedrooms. With prices rising, it notes this month offers unusually low costs for sets and items as the season approaches.
Summer Waist Clearance With Exquisite Georgette Styles
Exquisite models in Georgette Crepe de Chine Pongee and French Voile are on clearance. Demi tailored and dress models feature latest surplice waists with apron effects and back tying sashes. Many items offer unusual touches at attractive prices.
Read's Brings Hypatia Brassiere to Bridgeport for Comfort
The New Brassiere called Hypatia is only available at Read's in Bridgeport. It resembles medieval corsets yet is simple and comfortable, appealing to women who want appearance plus comfort. Prices range from $5.00 to $15.00 on the second floor. Also showcased are Milanese Silk Pongee Long Gloves in several colors with double tipped fingers, offered in all sizes formerly $3.50 to $4.00.
August Sale Prices in Rug Department Highlight Bargains
August sale features prevailing prices across the rug department with labor, carpet wools and rug making inputs rising. Main floor items include art glassware sets, Marmalade Jars, Sherbets, Custard Cups and Ramekins offered at reduced sale prices alongside a display of bed room furniture in Read Galleries.
MENTIONED IN THIS ARTICLE
Rug Department
Two New Books and Candies Highlight New Gift Items
The catalog lists The Book of Susan by Lee Wilson Dodd priced at $2.00 and Harriet and the Piper by Kathleen Norris at $1.99. Also advertised are Maillard Chocolates in two and three pound boxes and Wilbur Buds milk chocolate dainties in gift boxes priced at 35, 65 cents and $1.25.
MENTIONED IN THIS ARTICLE
Wilbur
Also Mentioned on This Page
Dr. Alvord
Dr. Weidlich
Tal
Bridgeport
Weidlichs
Alvordo
Gokey
Dr. Johnson
Wall Street
Dentists
Lee Wilson Dodd
Kathleen Norris
Harriet and the Piper
Maillard Chocolates