Altoona Mirror from Altoona, Pennsylvania on November 7, 1929 · Page 4
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Altoona Mirror from Altoona, Pennsylvania · Page 4

Altoona, Pennsylvania
Issue Date:
Thursday, November 7, 1929
Page 4
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THfi ALTOON A * MIRROR-THURSDAY. r>; y^ >wn- '«i|^^ '"Y. ^ j'' ' ' * .'-.''' ''' ??3 ' >1 -.' 1 '" 'ft;'^ •*'' ; ''s!'' "v' j' v ^', ' "' ^rmftftAY, tfflVlMfcfiK. 9 t 1929 . > _..___ ,,„,.„.',—»—.' ..-''Jl m-ff— IN THE BUSINESS WORLD OF TODAY By .1. C. IIOYI/F, Stuff Correspondent. (Copyright, 1029, by AHoona Mirror.) NEW YORK, Nov. 7.—Latin-America is nil prepared to bn resentful of action taken by the American congress on tariff schedules. But Latin- America is not prepared to chop off purchases of American imports Into those countries. That is the consensus of opinion of exporters and foreign trade experts today. Latin-American purchases from the United States now consist largely of products which other nations cannot supply or on which they cannot compete with regard to quality or prlco. But sentiment has much to do with Latin-American trade and if thu time comes when foreign nations can make offerings of goods in competition with i those from this country, it seems likely they will get the preference. This is already shown In the successful capturing of the Latin-Amerl- , can trade by European textile iminit- j facturers, makers of optical goods, cutlery, specialties and cheap hard- ; ware. On the other hand, sales by the United States of agricultural machinery, radio and electrical apparatus, phonographs and similar goods have trebled since 1814 merely because Latin-America could not buy them to any advantage cluewhere. But, aside from all this, Latin- American trade .seems liltely to be smaller in months to come. Just nt the moment, Latin-America has its own linunclal troubles without incurring active enmity on the part of businessmen hero through anti-American trade programs. Mexico, Venezuela, Colombia and Peru, are oil producers and while tho fields of those countries are largely In the hands of American, English and Dutch interests, the depression in oil has had a powerful effect on the governmental . revenues. Not only him production been cut down but production and export taxes arc In some cases payable In oil, and oil prices have also declined. The fruit Industry, or at least the banana Industry, is in tho hands of American companies but England with her West Indian possessions la rapidly developing Into a formidable competitor for tho European trade in bananas. The coffee producers headed fay Brazil have been hard hit financially by tho conditions In this years' markets. Coffee is tho barometer of prosperity as regards many of the South American and Central American countries, headed by Brazil. Tho trade of this country with nine out of twenty Latin countries, however, is determined by the condition of tho coffee crop and coffee price levels.' . Consumption of coffee in non-producing countries, headed by the United StatCH, has been running approximately 22,000,00 bugs a year. Prices have been high and this has stimulated a big increase in production. The average price for tho year 1B29 to dale has been 21.4 cents a pound as against 21.1 in 1928 and u tenth of a cent below tho high of all time. But available supply was high above consumption in 1020, 1921 and 1928. It is estimated that despllo tho small 1928-20 crop, Brazil- alone is holding back a full year's exports now. The same thing is truo of Colombia, Venezuela, Guatemala, Costa Rica, Nicaragua, Salvador, Haiti, Me>:'co and Ecuador. J,n Brazil exports have been held down and the price kept up through a government -'valorization plan. This plan naturally Is dependent on th« loans obtained from foreign sources, which enablo the government to make advances to growers so tho latter can keep their coffee off tho market and distribute Jt in an orderly manner. Within the last year a valorization loan application from Brazil was turned down in the United States, and Great Britain advanced the money. None of the coffee countries can afford to jeopardize or antagonize tho American market, but they are distinctly favorable toward extending favors to those who favored them in the matter of coffee loans. The 1929-30 Brazilian crop now Is the big factor in the situation. It Is too early to multo definite- predictions, but all factors point to a bumper crop., Colombia, whuro 80 per cunt of the population Is dependent on coffee for spending money, and Costa Rica; Guatemala, and other countries have had four 'years of prosperity. It la during a period of this kind that political unrest is most to be feared In Latin-America. It is doubtful, however, If tho cost of the average cup of coffee on the American breakfast table will bo materially changed one way or tho other for some months to come at least. ' Errorgrams*"~~ THAT'S A £r?£AT POINTER, JIM, THAT THERE:/. WE A. COUPLE: PE7MNT5 we all lofe, but always fyfr railroad* and' waterway*, the. association atates that 'there are many commodities which cannot bo moved at profit except* by water, and others which should mainly go that way. Finally, every' railroad values water approaches to Its terminals, It Is stated. "Even the Lehlgh Valley," It says, "whose president Is protagonist of Railroads versus waterways' is dependent for Its existence largely on tho freight It delivers to lake carriers and the return load it receives from lake carriers." Figures showing increased railroad profits"traceable to water aid were also adduced. (Copyright, 1^29, NEA Service, Inc.) Tlicrn aro nt least four miHtiikcs In tho nliove picture. They may per- liiln to Kruiimmr, hlHtory, etiquette, drawing or whatnot. See If you can find them. Then look nt tho HcrntnMcd word below—and unHcram- hle It, by HwltcliliiR the around. Oracle yourself 20 for each of the. mlHtaltcH you find, and 20 for the word If you unscramble It. 'Tomorrow we'll explain the iiilHtiikex and tell you the word. Then you can NCO how near a hundred you bat. • » • YESTKRDAY'S COUUECTIONS. (1) Kd|?ur Allan I'oe wrnte "The Gold Hiltf," not the "Gold Digger." (2) "Kolxrtnon CriiKOC." should be Koblnxon Crusoe. <3) In the Hlgn on the book table, stationery ls spelled Incorrectly. (4) The United .Slates came Into being after the seventeenth century. (5) The scrambled word Is PANCAKES. WATER ROUTE WILL BENEFIT RAILWAYS ' TOWN NAMED BY DUY. BELLAIRE, O., Nov. 7.—The only known village in the county that has been named for the prohibition cause Is Temperanceville, a hamlet on tho western border of Somerset township. Although prohibition did not become law until 1918, this village laid ou,t In 1835, received its name because its founder, Robert Gallagher, so abhorred use of intoxicating liquor that he thought he would make use of this principle in naming the new town to suit his belief. Buy Your CUNNINGHAM TUBES from ALTOONA ELEC. SUPPLY tO 1120 12th Ave. Dial 2-8297 (Spnclal to AHoona Mirror.) WASHINGTON, D. C., Nov. 7.— Quoting W. W. Attorhury, president of the Pennsylvania railroad, In support of tholr arguments, the Great Laltea-St. Lawrence Tidewater association today Issued a. declaration that railroads and shippers alike will benefit by improvement of the Great Lakes to the sen route. The statement Issued today Is a direct answer, it is Mated, to the recent attack upon the plan by E. E. Loomts, president of tho LehiRh Valley raljroud, and Dr. Harold G. Moulton of the Institute of Economics. Not only does the association's attitude carry special significance for Erie, Pennsylvania's principal port, but tho'State in general will be tremendously affected by tho proposed development of a direct sea route to Lake Erie and the other lakes. Tho association's belief is that the hard coal fields of; Lackawanna and Lusserne counties, the dairying Indus trfns of upper Pennsylvania and surrounding New York counties, cement shippers In tho middle of the state farmers even In southern Pennsylvania, will all benefit by the project. The battle over the St. Lawrence route has taken on added vigor since President Hoover's recent waterways speeches on hlH. Ohio trip. There Is little doubt that his program, as laid down then, will constitute one of the main points of domestic policy in his administration. It is expected congress will bo asked in the president's message to consider waterways legislation among its earliest duties. The statement today first calls attention to tho approaching completion of the Welland canal, with a depth of 27 feet. Lock and dam structures are yet to bu provided at Ogdensburg and St. Regis. This brings the question to tho fore, it is stated, how the relations of railroads and waterways will be affected. President Attcrbury Is then quoted as saying that "each kind of transportation should .be developed in cooperation with the others, with the understanding that each has its own special fleld." It is then pointed out that the "principal function of the Great lakes route" Is to provide "deep water transportation from the head of navigation to the foot of Lake Erie, 1,000 miles . . . (and) ocean transportation from Blue Water to Montreal." Extension the length of Lake Ontario, it is said, will furnish the last link to the sea. It is argued, from this point of view, that the route will not injure railroad traffic. Although admitting there is a certain overlapping In carrying by Vest We Sell CUNNINGHAM TUBES THE J. E. SPENCE ELECTRIC STORE 1310 12th Ave. Dial 4191 Cunningham Tubes Altoona Radio & Electric 1318 12th' Ave. Phone 2 It Is Not Too Late to Begin! Christinas Treasure Hunt Contest Footer's America's Best Cleaners and Dyers 1111 Eleventh Street . t $SOO In Cash Prizes qjM»4fuu IN JUNIATA Buy That PARKER DUOFOLD PEN at FOUST'S DltUG AND MUSIC STOKB 611 Second St. J'hone 8-051W Joicpli ptqutn of Pattii woiH-f«mou« coututUr. ieei Pitkcr'« mridimt Bl«clc . and 1'orl Duofolda in the cxcluilvo ohopi of Rue (le U Falx, and pro- nouncci them, Exquiial" HERMAN'S 1311 llth Ave. K»t. Since 1000 We Carry Complete Line of Parker Pens, Pencils and Desk Sets • » "Edward A. Strlngir, gifted designer Col Johni and Banham, London tailori to many of the Engliih nobility, >ay»: Judging-from the number 1 ice In uie, my clientele conilden the new Patke/Bliclc •nd Pe»tl to be the imarteit of all fountain p«ni, and I think to, too." Guaranteed Fora/tr Against M Defects To prove Parker Duofold U a pen of lifelong pcr> fectlon, we offer to make good nny defect, provided complete pentsientbythe owner direct CQ> the factory with >0c for poitaga and Iniurinco. foir Penn Sty lies Paris <anm<dl ILoinidoini come-to Parker H. W. McCartney Co. Il07 Eleventh Avenue Bee Our Complete Line ul PARKER PENS, PENCILS AND SETS Arrayed in (be smartest shops of Rue de la Paix and Bond Street are tf* same Parker DuofolJs that your OJJTJ torn dealers are ready to show you America may go to Paris and London for styles in dress, but Paris and London come to America for their styles in pens and pencils. For Parker's moderns Black and Pearl has captivated authorities of the highest rank; Paquin.the gifted French couturier, and Stringer, nobility's clothes designer, among them. These stunning effects of foam-white sea-pearl combine4 with Parker's jet Permanite ara the coming fashion everywhere. And Parker's new Streamline symmetry makes their conquest complete and lasting. Beautiful as a jewel, quick and poised as a dart, 28% lighter than rubber. The pen with 24 % more ink capacity than average, size for size. And the only one with tho greatest writing improvement of all— Pressure/ess Touch. Stop at the nearest pen counter and see this two-in-one pen, convertible for Desk— for Pocket. Try Parker Pressurelesg Touch. THE PARKER PEN CO.,]nne»vlll«, Wliconain.Ofticcoundiiubtlillarlet! New York, Chicago, Atlanta, Buffalo, Dallas, Sun Pr«ncUco; Toronto., C»o«du; LonJoo, England. \oo SHARE IN THE WE HAVE PROVIDED FOR FRIDAY! SPECIALS! $1.00 Panel Curtains $1.00 4-Piece Raffled Curtain *^^ Sets 49C Colored edges. 7flx80 Plaid Blankets 70x80—$5.00 GRADE Nashua $Q,57 Blankets & — Fair 50c Rayon Sift Drapery 36 Inches Wide. $1.00 Linen Scarfs 45 Inches lonr. 20c FAST COLOR, 36 English Prints Yard 15c Part Linen Toweling Very' absorbent. Yard Newly Arrived ... Stylish * . . Winter Pelts and Velvets In varlott* stylos to suit every tyn« woman, miss and matrort. Air head sUes 1 .97 arid G!rl t 'N.ryChi«chill« COAT SETS $1.95 For girl* from t to * of good grade heavy chinchilla, lined with red flannel. Hats to match. , 4 INPANI8' M.OO Chinchilla COATS $1.9* In all colors. Staeg 1 to 8 years. TOTS' W.W NAVY BLUK Chinchilla COATS.. Well made and lined with red flannel. Siren 1 to 4. • Girls' Genuine Hugs... Chinchilla Coats Sets ***°* « $6.85 $1.75 'Fleece Lined Jnrsey Drawer Legging* colon. 2-8 95c $7.00 Suede , Cloth 4-Vlcce Zipper Suits Sizes 2 to 6 $4.98 SPECIALS! 40 Inch $1.00 Slip Satin Special, the y»fd Up to $3.50 54 In Wool Fabrici Tfttjl $1.69 36 Inch Up to $3.00 Velvets Plain and printed. • Yard $1.59 40 Inch All Silt $1J9 Flat Crepe Yard *•••* ^»*W«JT $1.19 ISc Pare White Cotton Batts 38 Inch 65e Repp-Cloth Yard 87 Ineh Unbl. Sheeting, Yd. 26C 16x34 Heayy .Turkish Towel* HERE IS THE COAT SALE YOU HAVE BEEN WAITING FOR! High-Grade LUXURIOUSLY FUR-TRIMMED In a remarkable under-price selling! Superb fabric rich fur, high type tailoring, fascinating style is evi dent in every garmentl .Truly phenomenal values at Actually Worth $39.^0 and $65.00 To realize the important taping* you have to tee these garments! The selection is amazingly wide! Styles to suit every type of woman! The furs, materials and rich linings clearly indicate that these coats were made to sell at much higher prices! A spot cash purchase made this event possible. As we can hardly duplicate these values—this is the time for you—to act! Sizes for Juniors, Misses, Women and Stouts. Women's Up to $1.50 Rayon Silk Underwear CONSISTING OF DAINTILY MADE CHEMISE STEP-INS PANTIES and BLOOMERS 75 ' Up to $3.50 Washable CAPESKIN GLOVES $1.95 FRENCH KID In » variety of new ouft styles and wanted ghacdei. AU sizes, fair. 1 tyomen't Regular $1.00 Chamo-suede Gloves 59£, Up to $2.00 Full Fashioned N PURE SILK "OAKBROOK" POINTED HEEL .33 A beautiful from top to toe •Ilk ; Rtooklnr In ohlfton or Hervlee weight. •All 'colors and Fair ? HOSE $1 Women'i $1.59 Full F.ihioned PURE SILK HOSE SPECIALS! MEN'S $2.50 WOOL Flannel Shirts V IV **^*«« $1.39 BOYS' $3.00 ALL WOOL Shaker . Sweaters $1.95 MEN'S $2.75 WOOL MIXED Wright Union Suits i wxrM •••»-»•**• $1.95 MEN'S $1.50 RIBBED Union Suits MEN'S FLEECED SALT AND PEPPER "BODYGUARD" Union flM 9Q Suits tp.l«OtJ MEN'S $1.50 NEW Ties Some huud tailored. Sensational Values In Boys' $5.00 VALUES $9.62 S|zen Up to 6 $7.50 VALUES 4 SUe« Up to 15 $12.50 'VALUES Sizes Up to 18 Boys' 100% Wool 4-PIECE SUITS 100 suit* In this extraordinary lot. With 2 pairs of lined Jmickem and vest, Regularly $10.00. Tomorrow, special $C95 6 Knit Underwear Savings CHILDREN'S PART WOOL SLEEPING GARMENTS Warm knit garments with leet. Sizes 1 to 10. $1.00 value ••• 55c CHILDREN'S KNIT UNION SUITS I'anty waist at-, tuchment. prop neat. All sUe«. Itegularly 75o SPECIALS! WOMEN'S $2.98 LEATHER $1.49 WOMEN'S UP TO $5.00 Sport Sweaters $2.95 WOMEN'S REGULAR $3.00 Kimonos $1. •«/<») Women'i $1.50 Long Sleeve Dresses $1.00 WOMEN'S REGULAR $1.50 BROADCLOTH Smocks & Hoover Dresses Women'i Regular Brassieres i Women'i $1.59 Corsets and Corselettes Women't to $1.50 Sample Neckwear

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