The Brooklyn Citizen from Brooklyn, New York • 8

IIIE BROOKLYN CITIZEN. SUNDAY, AUGUST 17, 1830. Financial and Business News Where to Spend Your Vacation Jtnancial and business Gtyerws TODAY'S RADIO PROGRAM and the price for cotton fell to a new low level. In' consequence of th PREDICTIONS OE QUICK REVIVAL MODIFIED AS TRADE HESITATES Daughter of Got. Smith Joins Real Estate Ranks, Sells Five-Story House QUEENS VALUES IN REAL ESTATE KEEP GOING UP Population Influx; Improvements" and Highways Seen Major Causes Rral ostate raluet is various parti of Querns Borough art showing a steady upward trend as the result of influx of population, the constant improve ment of the borough's street system, municipal rapid transit and the direct connection of Sunrise Highway with the causeway to Jones Beach State Park and Tarkway, on the ocean front of Nassau Count, the greatest of ocean front playgrounds.

The post war period hat been the most remarkable in the history of Queens real estate, an era when the territory has Oecn me most suscrpi- ible to improTod railroad facilities, resultant growth of population and demand for modem living space. Before the war. Queens was ft huddle of ancient Tillages, whereas, the census shows it had the greatest per centage of growth of all the boroughs. sold real that the the I I The Meaeham Realty Corporation. in pogjti0n this week, fifty storied whose activities in Long Island real above the street, marking the corn-estate antedate the war, has figured pTetioo of the exterior of this new before and since the strife in some of The builders report that latter movement, and.

also, because of restricted fuether concession occurred In some cotton goods, with A populsr construction Of print cloths on a Sc. baaia. A year ago, the quotation for the same commodity was 7V4 cents. A Bank Clearingi 5 Bank' clearings this week receded further, this time a little more than is customary, although payments through the banks in the second week' of August ve usually cloae to the lowest point of the year. The total this week, as reported to "Dun's Review'' for leading cities In tbe United States of $3,286,650,000 34.5 per cent, be low that for the corresponding week of last "At New York, the fig- ures this week are $5,588,000,000 and show a loss of 39.0 per whil.

for the cities outside of New York the total of $2,608,650,000 is 22.8 pet cent, smaller, The decline this yesr now affects every city reporting. Heretofore, In weekly returns have ahown gaina at a number of the leading centers in com parison with totala for the corres ponding week of 1928; while-clearings at, New York City this week an slightly Urger than they were at that time, nearly all of the other centers now show a loss. The tendency at this time ia clearly in the direction of a lower level in either of the two preceding years. Record of Week's Fcilnret Some further appear in the Insolvency record for the United States this week, following the betterment shown last week. Thus, failures reported to R.

G. Dun A Co. this week numbered 441, or 11 less than last' week's total and 27 under the 408 defaults two weeks ago. Comparing with the 368 insolvencies In this week of 1929, however, sn increase of 73 is disclosed. The decrease this week from Ust week's mortslity was wholly in the Weat, where a decline of 33 failures occurred.

Numbering 36, Canadian defaults this week compare with 39 Ust week. 37 two weeks ago and 32 in this week of 1029, according to R. G. Dun Co. Sidle Handbag, Banished The penalty for theft in Ireland is rather severe as is evidenced by the experience of woman thief.

Catherine McGrath was arrested and convicted of stealing a handbag con taining $70 from a atreet car in Dub lin. She was ordered by th court to lesve the country within 14 daya and remain away forever. 1.1" Dog Buried Alive Eight Days After being buried alive for eight days the Labrador retriever of R. B. Jones of Harlech, England, is recovering.

The pet wss found In the Harlech ssnd dunes, snd sfter bard digging with spades by three men was taken from the sand. After twelve hours' nursing it was able to walk. 'i Prince Launches UftbM The Prince of Wales flew- over Dover recently to launch the Sir William Hillary, the biggest and fastest lifeboat in the world. It is fitted with two 373 horsepower motors, a transmitting snd receiving wireless set, a searchlight and an apparatus for releasing passengers trspped in wreoked Monkey on Rampage Twelire monkeys escsped from th ve- Dreamland Zoo, Margate, London ccntly, and provided endless amuss ment to the public; some of them gait acrobatic demonstrations on the scenkt railway. Others wandered far.

and attendants are it'll hunting for the fugitives, tram Persia Loyal Scotchman are. somewhat! hagrlned by the fact that bagpipe did not originate In tbe land of Robert Bruce. European authorities have recently discovered that the. high voiced instruments came from Persia an were Introduced by the Konians, rescuing Scotland after many yean. Married People Quarrel "It is slwsys assumed by witnesses in this court that all married peoplt quarrel," laid Justice Hill In the Di vorce Court of London a short tima ago.

This statement touowea a re mark by a women witness that she) and her husband only quarreled "like married people do." Boyi' School Hears Woman Convention is gradually breaking up In England. For tbe first time a woman was ssked to speak recently at the Harrow luncheon at the Savoy Hotel, in London. Bhe was Lady Isabel Margesson, and she made a plea for housemasters to tpesk the truth to tht parents' about the boys. sumption and the prevailing caution, Attention ia being constantly direct ed to the aharp curtailment of outputa, which is practically general, and further weakness in raw cotton haa been another-point of interest The price for the Southern staple, detpits the extent of the preceding decline, has fallen to a new low level since' last week's first Government crop report wss issued. In contrast, a fair degree of steadiness' has prevailed in other textile raw with the more stable position of wool Hide Markets Again Lower-After last week's lack of changes in lilted the decline in hide prices waa resumed this, week.

Several further concessions were named, with the general situation reflecting a weak tone, and this condition applied to both domestic and foreign marketa. In tbe case of packer stock in the West, salea and bookings, although increasing somewhat, were not up to the volume of receipts and kill of cattle. Depression at the River Plate waa cited as bearish factor at Chicago, and little tleveloped that was encouraging to holdera. Similarly, disappointing features were in the majority in the leather trade where no definite gain in business was noted and the same characteristics marked the tendency in footwear circles. In the latter quarter, price was reported to be the dominant factor, with demand centered on the lower cost grades.

Canadian Trade Although comparatively more active than In the wholesale move ment of merchandise at retail is not better than fairvIn a few lines, such ss staple groceries, sales are at a nor mal level. Nevertheless, as uncertainty with regard to the 'new crops is des-sipated gradually by each succeeding report as consumption and produc tion approach adjustment, and at some signs of industrial improvement begin to appear in the United States, the aituation with regard to business in Canada is becoming clearer, accord ing to dispatchea to Dun's Review from branch offices of R. G. Dun located in the chief commercial and industrial centers of the Do minion. i Although buying for immediate requirements features the wholesale hardware trade, the retail branch ia profiting somewhat from the warm weatber, which has stimulated sslea of camping and bathing equipment, tennis requirements, outboard motors snd electric fans.

Higher tempera- turea also are a factor in the increase in salea of summer apparel. Sales of binder twine sre about 30 per cent. in excess of last year'a and prices are 10 per cent, higher in the same com parison. Sales of wsterproof paints, cement asphalt and allied are ssid to be about half the 1929 volume. Demand for used cars continues good, snd the same is true of accessories and equipment.

Increased construction Is a factor in keeping labor well employed, not withstanding the decline in iron and ateel outpu attending the competition of some Urge orders. Msnufscturing continues below normal, sessonal busi ness in the textile mills snd clothing factories being especially affected. The automotive trade reports an improvement in sslea of medium-priced' lines and accessories. Shoe factories are extremely busy, but competition in this snd other leather manufactures is unusually keen. Orders for transportation equipment are characterised as fsir for this time of the yesr.

Steel and locomotive plants are working on limited production, and no resumption of activities on a Urge scale is looked for until well In the Fall A favorable feature of the outlook is the promising condition of crops in most Provinces. The yield hay, of good quality, is above the average, and crops are progressing -favorably; Commodity frket The much closer balances between advances and declines in Dun's list of wholesale quotations laat week1 was not repeated this week, although the record was more favorable than In many-preceding weeks. Whereas 34 of a total of 72 changes last wetk were in an upward direction, the present tabulation ahows that only 18 of the aggregate of 56 alterations were toward higher levels. With fewer increases in costs of foodstuffs, the current exnlblt reflects more plainly the underlying weskness of the price situstion. A point of particular Interest was the renewed easing ia pig iron and steel, as well ss in bides, Preceding Pat ATLANTIC CITY NEW JERSEY Excursion Jar.

ft-M. SHCHEHAL Virginia Av cleee Beach A BtJt Pier. Newly renovated and beau! fully rtfurnlihtd. Capacity til. All outeld.

airy rocma. Running Private batha. Elevator to ilml. Knropca Flu, tl.M Dally. Aoa-j--Ira a (4 Cp Dally.

ft Up Weekly. Fra bathing privileges from hotel. Booklet upon reauest J. BICS.AR, Owm Ms. GEARY TENNESSEE AVB, BAR BEACH.

AMERICAN PLAN. It UP DAILT. EUROPEAN PLAN. II CP PAILT. WRITE FOR BOOKLET.

OWNERSHIP MANAGEMENT. A. O. LOVER. HOTEL CLARE III SS.

OCf AN AVE NEAR tACM. Imb. osiaoftable rooauk Ban food at andante ratal, Ideal mitral loratlen. Mail how moat cmTanlnL Bnetfaat. la It A Mnacr, tit P.

M. Rata, 1 A aeetly. Bathing Minitaaa, Phone 4eHL EW HOLLAND America Earopeaa plea. Kaa-aleg water aad private hatha. Near atatloaa.

All oatalde roe ma. Batata ffraaa hotel. UK. MRS. GEO.

P. PRO FT A IT. MORTIMER VI relate Are. Near taaiowal 'wv'lvsve vee Imvs bean leee vwf w)ws A Heaellke aeweeeber wra an aaea. Self-Oe w9taBa SpSSltSl VelStYtTOn tS taBTBaV M.

taiaa-Haa. Water-tatalai rMrUevee AMERICAN HAN EUtOKAN PLAN StO.Ua Weak. IIAUaWaaUn VtteMas. Carat, tee let. V.

Mertaov' XENTTCT ATE. at the BOARDWAL. ABSOLUTE OPEN SURROUNDINGS Ocean view rooma ea aulte with private bath anj til howora. Elevator, tl till dally. EUROPEAN PLAN lit UP weekly.

Fireproof Oarage. Write for Booklet. L. POTLER. Mgr.

ALBEMARLE Virgicla Aveaee aaa Bead aad Steel Pier Cf Daily. Special Weekly) Raaaial Water. Elevator. Private Belha.1 Vary beet feed. Oeeea tathi.t traM aateL Arhaaaas Ave Six Dean free Beach.

Newly rsaovated. Modern and osa. venleneea. Running water all rooma. Ratea, reasonable.

K. B. MAULS, Prop. KARLIN ST. JAMES PLACE.

NEAR BEACH. European Plan. Bathing Prlvilegea. Rates II up dally. M.

J. MUNEENBBCK. Not) fc Ita Ublfl. up dally; til wMkty. 91ft twaion.

EMERSON CROtTTHAHEU Vff. MS TILLA Modern oavenlonee: batb ing privilege; near beach: centrally located, lie a jren ave. a-ereonai agement, M. Lea Taylor. CAPE MAY CAP! BUT.

CxeuTOion Fare. M.M, SUMMER'S SOCIAL CAPITOL FOR OVER A CENTURY A Inal. wide, bard beach aad a 4 hoars by Peenavlvaes at? Jeroey Ccwtial K- K. hear by Motor all hard awrfae For lnformatlosj, writ PAUL Z. TOLCKBB.

Ctty Mgr. CAPE MAI. K. J. CPNGRESS HALL iPEMAY.KJ 1 Clrectly the Oeaaa Front An American Plaa Hotel With Every Modem Appolntmeat, Large Lawns A Of rdena.

Teaaia, OolC Orcbeatra. JOHN V. SCOTT, Manager. H5SC0EUHBIA CAPE MAX, N. t.

CapacHy tot. Anuricaa Pita Rooma alngl cr aa aulte with running water and private hatha. Culstne aa4 eervlee unexcelled. Extensive porcbae. Elevator eorvlce.

Booklet. J. W. MECRAT A BRO. HOTEL MACOMBER ON THE BEACH AT COOL CAPS MAT.

Foi roerly Olenwood Annex. Special Rates for May and Jut, HOTEL WINDSOR On Cap Mays Cool Beach Front PRIVATE BATHS. ELEVATOR. CAPACITY 100. OWNERSHIP DIRECTION.

M. HALPIN. HOTEL COLONIAL Oa the btaeh front. Cap May, X. 1.

14 up dally (with meals). Special weekly Dot; Atlmptt Rtteat A gallant but unavailing effort on the part of Turc, a Newfoundland dog, to rescue a drowning fisherman in mid-ocean several days from Fleetwood, Ireland, told when the French trawler Gris Nes recently reached rt. Turc heard the man cry for heln. jumped ii.j I up iroin ciuauBiiuu PTTuthlianHotel Continued from ATLANTIC CITY NEW JERSEY Xxeursloa Fare, AMERICAN AND EUROPEAN PLANS OCCUPYING AN ENTIRE BLOCK ON sf THE BOARDWALK AT 1 1 NEW JERSEY AVENUE J)TCHXRtE(T LONGEST SUN PORCH AND FINEST Jf, LOCATION ON THE BEACHFRONT ATTRACTIVE AUGUST AND SEPTEMBER RATES limber Atlaatl. and Maeeachoaetta Ave.

Atlantla City' a Bait Moderat-Prlee Europe in Plan Hotel. Up Dalit. 00. Running Water. PrlTat Hatha, Bathing Privileges.

Restaurant 'Garaize. STEPHEN THURBER. KNIGHTS COLUMBUS OUI-HOm a ft torn aatHHU Aaa. ntoo-io tooMi-iuTAutAMi Em ay am Pla I. MCtAtMHUM.

MO. a. a. a. a.

-a -a a. WINDSOR HOTEL A.ND RESTAURANT. 8. Carolina Vt Block tma Button. Every room with running water -fcath.

II. to ap dally. Special weekly rate. Bathing privilege. Shower.

Oarage. KMIL QUEST. VVESTBI8SIEB 101 auth Kentucky Near Beach. Open aLrroundlntra. all outside room.

aad cole running water. Private batb White Service. Elevator Spacious porch. 120 VP WEEKLY. AMERICAN PLAN.

Open Air Parking. Ownership Management. W. 8. Baehnaaft.

STRATFORD South Carolina and Pacific Aves. Beautiful, well furnished rooms; one from boirdwalk: Europeaa Plan, II up dally; 111 up weekly; free bathing; fireproof garage, C. L. TABUS, Mgr. AMERICAN A EUROPEAN PLAN, tetabitebed 11 Tmi.

Penonal Uaaasaaait, W. A. CAMPBELL. HOTEL PITNEY 111 So. Mew Tork Ave.

Near Beach. American and Europeaa plan. Capacity 100. Running water. Private baths.

Bathing from hotel. Ganga. Golf. MRS. KERNS.

SOMERSET Artutusaa Avensa) aad the Boardwalk. Running water la rooma; good bed, good table. up dally; 111 up weakly, American plan. N. BOTES, M.

Proprietor. GREATER PITTSBURG 141 8. Tanneseee Ave, block boardwalk urctean Plan ll.lt daltp; 10 up weak lv. American Plan. III.

weekly. WELLHOFER. Boardwalk at Montpelier Ave. A be on. front hotel with moderate ratea.

Amert can A European plan. Private baths. Elevator to atreet level. Running water ail rooma. CHAS.

F. SEARCH. H3TEL THEXLER South Carolina near Beach. IVh year. Rooma with running water, private toilet or bath.

Free bathing. American and European plan. A. I Trailer. TENNESSEE AVE.

NEAR BEACH $2 Rooms Running Water $2 VIIIDERMERE SOUTH CAROLINA A BEACH First Hotel from the Boardwalk AMERICAN OR EUROPEAN PLAN TOevator te street. Bathing frou Hotel. Kateo reasonable. Btndere Ownership Mat. THE ABERDEEN A RCll.

BR ACH FRONT HOTEL. At South.ra end Atlantl. nir. tioderata ratea America fl Lxtblng. tolling.

Flrhlng. MRS. FRANCIS D. MAXWELL. GREENS HOTEL MTW TORK ANH PACIFIC AVB.

One Hia treat Beech and Penn. Station. RUNNINn WATER IN iuua Private hatha, Europeaa pit Moden-e tad waaki rata, A. ICUOi-L. LiOEWUIbakU Ocean End South Carolina Avaoae fl EUROPEAN PLAN It CP I I Banning water, prtrata bath I I ahower.

Radia and telephone hi I I I noma. Oeaaa Bathtnt- dlrart II 1 inn wiut intpmiHBia, I eUetOMtrel location. Cap. IA I aV'-'v'IrgtiiU Avetina vAlj Half block to Steal Pa Rooma. Te Batha.

Runnhf water is all rooms. M.00 dally with aaeals 1 a. Special Weekly Rata. ViA aSa i ltty SUNDAY, AUGUST 17 (AU liaa la P. X.

Valet Otharwlae ladlcated.) NEW YORK STATIONS WMCASM Meter. 1:00 a. m. Morning Oreetlnge, poetry. pi.

Dorothy, Gala, aoprano. a. ra Air School of Haalth. a. Mi.

watch Tower, program. 11:00 ra. Creaeeat Club Orrheatra. a. m.

tan and Topay, dialogue. 11:00. Noon Tamara. Ruaalan contralto. Solow Soloiata.

1:00 Nalda Nardl. contralto; Maury Rubena, plaotat. 1: SO Rudolph Bochco Concert Enaem, 1:11 Mirror ReHeotloaa; Allan Preacolt 3:10 Dennlaoa Orchestra. 1:001. J.

Pox Furu Trappera. Plaxen. 4:00 TheButeher-Outh Orchettra. Torkvlll Badlo Hour. Panama.Paclflo Crulae.

8onia. accordlaa wlaarda Southernalree; Spirltuala. Happy Troubadoura. Odlern Blngere: mixed Quartat. Norwood Muakateara.

JO Laxy Lane String Orchaatr. 1:00 Novelty Program. 1:10 Ruth Slavaky. planlat; Laova Scbubta. baritone.

11:00 Danyar Newa and Monroe Sliver comedy and oongs; newx 11:05 A O. Negro Orcbeatra. 11:31 To be announced. 12:01 a. m.

Florence Klchardton'a Orch. WGBS Meter. 10:00 Harlem Studioa. 10:10 a. m.

Standard Dairymen. 11:10 a. Varlaty pro- gram. 12:00 Noon Rudy van der Klaft'a Orch. 1:00 Vincent and Winn, two planoa, with Don Fielda, baritone.

1 T4.Im 1:00 Herbert'a Diamond Entertalnere. 1:00 Arcatdttx Ore heat rtl. 4:00 Florence Nelson, lyrfe top no. Rtjv. G.

8. WatOM, "Hum-iti Interest Talks." 4:30 LuccU Trio Wanderen Quartet. 1:30 Johanna and Hem me Suur. concert pianists. 1:04 Kerry Conway, "Chats on English.4 :15 Echoss from Germany.

4:45 John Raskin baseball results. 7:00 Deen-Dlntjwall 11 steal Etchings. 7:1 Scenes from famous plays. 7:30 Walter Scott'a Band. 8:00 Salon Symphonists.

Jallus Brand, violinist, and Boris Jjvoff, pianist, concert. :5 Thrt-e LUUa Sachs. 10:00 Stefan Koxakevirh, baritone, and Vera Bllsvltcb, soprano, duets. 10:30 Salon Symphonfsts; time. WEAF 4M Meiers.

1.00 a. m. Melody Hour. 9:00 tv. m.

Balladeers. 10:00 a. m. Summary of NBC programs. 13:30 American Pro-Art String Quartet.

1 :00 Pilgrlma 1:30 Spanish Dream. 1 :45 Fuslleers. 2:00 Vetropolltan Echoes. 1:19 jBC Artists' Serr.ce Program. 3 00 Works of Great Composers.

4:00 National Sunday Forum. Sarat and Lota Lahiii. 6:15 Sliver Masked Tenor. Tea Time Tunes. 4:00 Catholic Hour.

7 :00 Mystery Mouse. 7:30 United Press Baseball Scores, 7:36 Maior Bowes Family. 8:30 Chaae and Sanborn Choral Orch. 1:00 "Our Government." :15 Atwater Kent Program. In the Time of Roses.

10:15 Studebaker Champions. 10:45 Sunday at 8eth Parker's. 11:15 Bam Herman. Russian Cathedral Choir. WOR 421 Meters.

4:30 Sundsy Afternoon Salon. 7:00 Choir Invisible. Peroie String Quartet. 1:00 Red Lacquer and Jade. :30 Woodmansten Inn Orchestra.

1000 Life Stories. 10:30 Market and Haliey Street Playhouse. 1 1 SO Moonbeams. WJZ JS4 Meter. 1:00 a.

m. Ton Pictures. 1:00 a. m. NBC Children's Hour.

10:00 a. m. Summary of NBC Program, 11:10 Nomad 1:00 Poathland Sketches. i 1:10 Neapolitan Nights. 1:00 Roxy Symphony Concert 1:00 Friendly Hour.

4:00 Sterling Singers. 4:10 Don Carlos' Marimba Band. 1:00 Sabbath Stories. 1:00 Lew White. 1:10 Harbor Light 7:00 Longinea time.

7:00 Baseball scores. 7:01 Dl Tango Romantlce. 7:10 William Ollomattc. 1:00 Enna Jettirk Melodies. Hacienda Melodies.

1:10 Goldman Bend An Hour With Shakeapeare. South Sea Islander. It Longinea time. 11:11 Pone Remlalaceace. WPCH 110 Meters.

1:90 a. Weatem eonga. :11a.m. David Kar. tenor.

1:10 m. Morning Greeting. 10:00 a. tn. Poet's Comer.

a. m. Felix Hidalgo, tenor. 10:10 a. Alice Muisl.

mette-so- praBo: Hector Carlton, bentona. 11:00 a. re. Christian Science Service 13:11 Harriet PearL soprano. 11:10 Johnny Moor and hi orchestra.

1:00 Inspirational 1:10 Tamara, Russian contralto. 1:41 Miriam Miller, aoprano; Wllmer McLaughlin, baritone. 1:11 Alice Stern, planlet 1:10 Klwanla Clab Musical. 1:60 Allan Preecott 1:11 Rev. C.

H. Fountain, Biblical talk. 1:11 Stralna of the Argentina. 1:45 Cora Remington, aoprano. M.

C. A. Ulk. 4:11 Hubert Zelgler, tenor with uka. 4:10 Rabbi Goldateln.

1:00 Dorothy McLean, soprano; Patty Carroll, pianist Remtntaelogj Mary Jane Mason, contralto. 1:10 Toung Iaraelltes. 1:00 Molly O'Doherty, aoprano; Harold Gould, baritone. 1:11 Jeeil Cryor and Jet Gordon, tonga. 1 Character Sketches; Minerva Kreach, 7:00 William Taylor, tenor.

7:11 Don Trent, comedian. 7:10 Garslg String Trio; Mtry Goodwin, soprano. 1:11 A C. O. Negro Orchestra.

WHN 7 Meter. In the Studio. Kathryn Pareona. 10:00 Alexander Haae Chamber Music. 10:10 Roeeland Ballroom.

11:00 Oarxalk Trio. 11:10 Honolulu Melodist. 11:00 Midnight Red Devil Stampers. 12:11 a. m.

Studio program. WPAP 17 Meters. a. m. Southerners' Orcheatra.

10:10 a. m. Erneat List Broadway Mel-Mian. Organ Concert by Boa Diamond. 1:00 Univereity Forum.

2-OS Hnllvwood SIX MO Frank Muecarella and Louis Cremla guitar and banjo. Entertain at Dinner Mr. and Mrs. Thomas Casey were among thoae who entertained at dinner Friday night at the "Gymkann del Pyjamas" in the Pavilion Venezia at, tbe Lido Country Club. Among their gueats were Mr.

and Mrs. George F. Morley, Mr. and Mrs. Henry J.

Mannix, Mr. and Mrs. EU' gene Reardon, Mr. and Mrs. Jeremiah A.

Walab, Mr. and Mrs. Francis McGarey, Mr, and Mrs. Philip J. Fleming, Mr.

snd Mrs. Carl A. Hood, Mr. and Mrs, George A. Beatty, Mr.

and Mrs. James A. Parks, Miss Alma Nammack and. Richard Culiinan. The uousutl aspects of, the commercial aituation are being manifested in numerous-ways, with restraining forces, rather than stimulating factors; still having the greater weight That is a quite normal phase at.

this period, yet -the seasonal slackening intenaif ied Ihia year, and a new element of -has arilep from the recent widespread and serious Seldom, at one time, have so many influences combined to repress activities as in the present instance, and it is not considered unnatural, with severe crop damage as an added deterrent, that caution should be accentuated. i The existing hesitation does not imply any questioning of ultimate recovery, but modification of earlier views as to. the date of decisive revival has been, necessitated by subsequent Not infrequent turns in sentiment, especially in the highly sensitive financial markets, have been a not illogical reflection of prevailing conditions, yet the fact is not obscured that the adjustments which are fundamentally easential to eventual recuperation are proceeding steadily. Those changes, while operating now to curtail the volume of business, are making for a sounder economic foundation upon which to base a renewed advance. The unsettling feat ure of falling commodity, prices re mains an obstacle to a trade uplift.

competitive selling being increased by the disinclination in most lines to pur chase beyond actual restricted needs, and the excess of declines in Dun's list widened this week. Exceptions to the limited demanda are not lacking, but further important commitments in isolated cases, as in structural steel snd oil. snd gas pipe, are not representative of the trend in in dustry, as a whole. Generally, retrenchment Is the dominant note in buying policy, jot prospective autumn requirements are entering more largely into calculations, with August half over, and some quickening normally should come with the spproscb of another season. One of the promising portents is the reduction in stocks of different goodj which haa followed the sharp decrease in outputs, the closer alignment between production and.

consumption obviously having a signlflcsnt bearing upon tbe future. Thus, although the immediate results are disappointing, the long-range outlook has points ttl strength whose effects should be more plainly revealed with the passing of time. Stock Market Trend Downward Periods of depression in the stock market have been a not uncommon ex perience, and such a condition developed this past week. The character of the trading plainly reflected a more decided turn in sentiment to the bearish aide, and pricea moved in the direction they naturally take when there is more pressure to sell than to buy. With the renewed decline, running to considerable proportions on occa-aions, many new low quotations Jot this yesr were, recorded, and copper shares were among the Outstanding weak features.

Comment was made late in the week, especially, in connection with the un usual size of the outstanding short in-tereat, as indicated by. condition in the atock market. Judged by the volume of dellings, however, speculative opera tions continue to be msinly of professional origin, Although sales on certain days reached higher totals than in the recent past- Compared with the turn over a year ago, on the' other hand, activity was limited. Steel Output Slightly Lower Instead of the gain which previously had been anticipated in some quarters, the rate of steel output hat fallen still more. The change has been only slight, from an estimate of fifty-four per cent to one fifty-two per cent, but it baa marked an altered prospect The primary reason for the decrease, as cited in trade circles, has been tbe recent drought over much of the country and consequent damage to crops.

Not unnaturally, the conclusion was drswn that such conditions would be hurtful to steel consumption, and some Instances of diminished buying already have appeared. More than that the price structure, sfter showing some resistance, bss been weakened. Re flecting the latter phase, a composite quotation for finished steel compiled by the Iron Age touched a new low level for this, year, while a similar trend has occurred in pig iron. In both inatancea, prevailing levels are the lowest reported for a number of years. Dry Goods Buying Restricted 'Not unnaturally, the.

probable effects of recent widespread serious drought have been one of the chief topics of comment in the textile trades. Indicstlons that crop damage has chsnged tbe outlook for dry goods distribution have not been lacking) and report of greater conserve-vat ism in making forward commit ments have come from different quar ters. Large numbers of buyers have been la tbe principal markets, yet they hare been anticipating future needs less freely than was true A gn, refiw-tlng (lie restricted con The fivt-ator houae it No. Oiirer street, between Oak nd Cherry streets, Manhattan, hag been by Mrt. Emily Smith Warner anS Nicholaa F.

to the Wilton Holding C'otporation of No. 135 Broadway, which represent! the New York Title and Mortgtgt Cpmpany, Ura. Warner it th wife of Major John A. Warner, commander of the State troopers, and the daughter of et-Gorerqor Smith. Mr.

Walsh is eatate man at No. 472 Fearl atreet. Mr. Walsh's aon said yeaterdaj hia father and Mrs. Warner had purchased the house about ten year He was unable to aay who the buyer of the property was other than Wilton Holding Corporation.

In early daya of his career Alfred H. Smith and hia family lived on Cherry street. When he was an Assemblyman the Smith address was No. -5 Oliver street. Irving Trust Building Exterior Completed The last piece of limestone on the coping at the top of the new Irving Trust Company Building, at No, 'Wnu street, Manhattan, was placed 2S8 nat cars were required to the Indiana limestone to New l'ork.

Plans for the building provide for spacious reception room approximately three stories high, extendirs 100 feet, the entire length of the Wall street frontage, and 40 feet deep. The walls and lofty ceiling of this room will be finished in glats mosaic and bronze. The building will have a total net floor space of approximately 500,000 square feet. The five basement floors, the first eleven floors above grade and the five top floors will be occupied by the Irving Trust Company. The directors' room will be on the forty-sixth floor sbove which there will be dining rooms and a three-story observation lounge.

The remainder of the building will be rented to com mercial and professional firms. Elevator service will be divided into four sections. In addition to pri vate elevators for the use of the bonk there will be low, intermediate and high-rise elevatora, providing rapid service to every floor of the building. At each battery of elevators a car will leave the main floor every fifteen to twenty seconds. jOpCT 4,000,000 StJ.

Ft. VflCtTJlf mm I ftf ft 1 IB mmhmm JtUCt DWiAingt That Manhattan has enough office space to aupply all demands for the next couple of yeara is shown in the annual survey of the Building Managers' Association of New York, which is printed in detail In the cur rent issue of the official journal of the Real Estate Board of New York-According to the survey, there is about 2,000,000 square feet of vacant space in the 'ninety-seven buildings surveyed in the Grand Central tone. In the downtown financial district there is over 800,000 square feet of vacant space, while the Plaza section in the Fifties hai about 500,000 square feet. JHWI Home at Stewart Manor The Realty Associates Is to open to the public today at 2 p. m.

its newest "model 4 The home, has been built on the Stewart Manor Development in Garden City, Nassau County, is the prize- winning design in the Nationwide Architect, contest sponsored by the Home Owners' Institute. The) Truth About Stars! Habits, blurbs and ideas about film fsvorites of times contradict public be lief, according to "Film Fun." For reports the movie monthly, did you ever know that Buddy Rogers never smokes in pictures or real life; that William Powell is supposed to be the best dressed man in Hollywood that in spite of rumors to the contrary, Harry Richnran atiU refers to Clara Bow as his fiancee; that Mack Sennetf offered Jack Dempsey $7,500 for five daya work, to play the part of a aap pugilist, which Jack refused to do? Monopolizing the Floor The following little story reputed ly coming from Sue Carol, piquant movie star, according to the current issue of "Film Fun," may or may tot indicate a familiarity with Hollywood bootleggers. But. here it is. Two debs were chatting about their dates of the previous evening.

"My dear, I never bad such a good time in my lite Burbled tbe first wbo was monopolizing the conversation, "I don't want to sound conceited or anything, my dear, but I spent the entire evening on the floor." "Oh! I csn imagine, darling," purred th second. "lou simply can't rely on the liquor these the outstanding transactions in Island 1 real estate. Some of the properties, which a few years ago were considered to be second rate parcels by the uninformed, have been developed and i sold at prices that were seemingly high; and even those prices have since been surpassed. the best among these parcels was located on Queena Boulevard, just west of Fbrest Hills, soon to be served by rapid Frederick H. Judge, manager, the Meaeham Realty Corporation, said.

"Lots on the Boulevard sold for from $700 to $1,200 each, while, to-day, lots in the same aection range in price from 17,000 to 125,000. Inside lots, near Queens Boulevard, which, it few years ago, old at from $300 to $500 each cannot be purchased now for less than $1,200. "Strongly indicative of Increment are the 10,000 loti dost to Itockaway Boulevard, which we developed a few years ago. They were sold, then, at from $80 to $375 each, for Inside Iota; and. they hare since been sold at from $500 to $1,500 each; while lots fronting directly on this Boulevard, which told at from $350 to $800 each, are now bringing from ti nnrt tn nno ch "Other properties which have been i -a kih SOlU DJ US, in rnrai J'! hsve increased in value from two to five fold, srs Van Siclen Manor, fronting on both Van Wyck Boulevard and Sutphin Boulevard, together with Williamson Manor, adjoining.

These sre now fully im proved with private houses, "Other developments that tell a story of real estate Increment are Jamaica Junction, Laurelton Plata and South Oxone Park Plaza, all of which are on or adjacent to the Sunrise Highway, which by the way, is tbe only State highway within the city's sres. These lots, which were put on the market at as low as $100 each, are now showing advance in prices, largely due to the use of the Sunrise Highway, which Is to cross under Boekaway Boulevard instead of at grade." May Start tforJr. in September On Ban Skyscraper Church Construction of Brooklyn's sky scraper church, the Dnryea Presbyterian Church, at Sterling place Snd Underbill avenue, may begin late in September, it waa ssid by Carroll MacWha, treasurer of the chruch and chairman of the Bnilding Committee. Because of tbe tightness of the money market plans for the $1,500,000 struc ture have progressed slowly, Mr. MacWha said.

Tbe present church Is to be razed and the "akyscraner erected on ita site and lot adjoining, which belongs to the church. Tbe'tRev. W. G. Clark is the pastor of the chruch.

May BttUi Three More Floon Mop the Equitable Building Plans are being considered for the construction of three additional floors on the Equitable Building, No. 120 Broadway, Manhattan, it was learned veeterrlav. The extra floor space. if the project it carried through, will be utilized by the Bankers' Club, tbe present occupant of the thirty-eighth floor. It was said at the office of Leroy W.

Baldwin, president of the Empire Trntt st No. 120 Broad way, and chairman of the Board of Directors of the Equitable Office Building' that tbe board was not prepared at this time to give our any information concerning the addition, as the matter had not' been definitely acted -upon. a I KINGS COUNTY TRUST COMPANY The activities of all our departments are governed by a friendly spirit of' helpfulness. Interest Allowed on Accounts Subject to Check. Special Rates on Certificates' of Deposit 3 t2 FULTON Capital 500,000.00 Surplus i 6,000,000.00 Undivided Profits 410,000.00 COL.