Thursday, December 30, 1937
H IL L S B O R O
ARGUS.
H IL L S B O R O ,
er next year, due to low er feed costs
It would be foolhardy to attem p t
any fixed forecast of farm incom e
B arring crop disasters, how ever, my
( xtim ate is for total ag ricu ltu ral re-
(•«■ipts next y ear to drop 5 to 10 per
cent u n d er tin* 1937 figuia s. Profit .
also going to average below
those for this past year. The goods
w hich farm ers m ust buy will not
•< nnliiiurtl from pa*«- I)
K”.
. of com »<•, impoKhibl ti be much cheuper than they w ere in
suy now. N evertheless, as a long 1937, w hile farm prices will actually
shot, it would hot surprise me if the av erag e low er than they have d u r ­
1937 peJk . wen* equ alled before ing the past twelve* m onths. Be-
cause of th e above situation, farm
n ext C hristm as'
B< cause of the poor first «piartei I land values will show little change
of the new year, the averaK«* of kcii - for the year.
e r a l business tor 1938, how ever, will W hat A bout W ages and Strikes?
In d u strial w orkers, a fte r getting
b<* slightly u n d er roughly 10 per
cent below tin- aveiag e for 1937 aw ay to a poor start, should have a
fair
year. D uring th e first few
T he im portant pond n ext y ear is
tin* trend. A poor i tart «but not | m onths, unem ploym ent will be s e r ­
m uch low er than c u rn nt levels!, an ious H undreds of factories have
im proving second (piarter. and then slowed down o r closed com pletely
a sharp upw ard surge (hiring the T h ere are probably a m illion m ore
Im al four or five m onths is my idea jobless since last Labor day B ut th e
unions a re clinging to th e ir wage
of the 1938 business pattern.
scales as d esp erately as un an tiq u e
ItllNiliesH Needs Itelief
In m aking these estim ates I am collecto r to a fam ily heirloom . D e­
counting o n c o - o p e r a ti o n f r o m spite poor businesa in th e first q u a r- 1
W ashington A y ear ago my o p tim ­ ter. I do not foraee any n u iten u l
ism for 1937 was tem pered by tin* change in in dustrial wage rates n ex t
labor Issue I Saul If Uns issue (la ­ y ear, certainly hoik * on th e upside! |
O ne of the featu res of 1938 will be
bor! is not handled properly, b u si­
ness could receive a very ru d e net- th e sh arp decline in labor's influ- !
ence.
A fter a y ear of alm ost con- '
back " Now I am tem pering my
1938 optim ism by saying th at con­ slan t bickering and turm oil, w o rk ­
e rs will q u iet down T he labor
gress must co*operate w ith busm e
or this present slum p could co n ­ cycle has passed its peak Ju s t as
1936 saw’ th e zenith of th e high- |
tin u e for som e time.
Many of o u r c u rre n t troubles g rad e bond m arket, so 1937 w itness­ \ rOU would naturally think of the
com e from fear and distru st They ed th e pinnach* of labor's pow er for
* man operating the tractor as a
are largely psychological Congress this cycle. T he reaction of th e p u b ­ farm er. And he is a farmer, but he’s
today must treat bu inc.* » as a d o c­ lic and the cu rren t slum p in b u si­ also an increasingly im portant figure
to r should treat a neurotic patient ness have given the labor m ovem ent in the industrial world, not only as a
Jluj .i ru d e sot-back.
S c o ld in g , liai h d ie ts, c iic m .i
consum er but as a producer. He’s en­
th e lik e a r e "o u t
A few sugar .More Jobs in i a t i
Employ incut will im prove ns 1938 gaged in hoeing up a field of soy
< natoti pills m the garh of kind
im piété rest from w orks along hut should av erag e beans which later, after passing
w ords und
through various factory processes, paint and varnish. This brand new
than in 1937 T he reason«’' First
new laws ix the pi ( I'lption w hich
business activity opens th e y ear 23 you’ll be using in the form of paint m arket for American farm ers, who
congress must writ» for businc
p er cent below last Ja n u ary . Second, and varnish, soap, linoleum and scores are now growing a large num ber of
( (»tigress W ill H e lp
of other products. Consumers Infor­
I am q u ite confident, too. th at labor-saving m achinery is being in ­ mation points out th at 91 million industrial as well as food products,
Doctor Congi< s will help his p a ­ stalled ev ery w h ere. T hird, th e ra il­ pounds of soy bean oil, a compara­ has been developed, like many others,
tient. N«> one is q u ite st» shrew d an roads w ill em ploy less w orkers. F in ­ tively new crop for American farm ­ through the vast research program s
ap p raiser of public sen tim en t as ally, "m erit rating" system s in state ers, was produced in one recent year. undertaken by American industry,
whose laboratories have added un-
the average congre- .man When lie em ploym ent in su ran ce laws will
has his "cars to the ground. * he is m ilitate against h irin g tem p o rary Of this amount, 2 4 million pounds told millions to the national wealth
went
into
the
soap
kettles.
5
million
and also thousands of jobs for A m eri-
ns keen as a robin bopping about a help Hence, by n ex t Decem ber, th e
law n listening for w orm s T h e so l­ n u m b er of jobless should total about into Uaelaum and 13 million Into can w orkers.
_________________________ '
an« w er bonie" f»»r sev erii|”m o n ,h s «.'Kio.oon against H 500.000 now mid
' "
~~
this fall, getting their co n stitu en ts’ 5,500,000 at the 1937 business peak
reaction to ' ic fo n n " legislation So
T aken as a whole, 1938 will not be
w ith every eongic man and every as good a y ear for salesm en, m er-
th u d ••< n ato r up for re-election this chant
and ad v ertisin g people a s
coining autum n, I believe that busi- 1937. T hings a n p retty slow rig h t
R oger W. B abson’s
n tin u e poor into
ncss will be given the psychological now and will
BUSINESS
PA TTER N FOR 1938
relief that it needs from Capitol 1938 However, as th e m onths tick
aw ay, th e resistance clouds should
Hill
The biggest aids could lx* tax re ­ blow off and by late next y ear the
Business— Big gain over c u rre n t levels.
vision and a utility "arm istice " The • • llcr's m ark et should be on th e
u n d istrib u ted profits tax w ill be w ay back Then ad v ertisin g linag«
T re n d — S tro n g U ptrend ; av e ra g e below 1937.
throw n out m ev ery th in g except w ill have an o th er surge arid corn-
Congress— Will give business needed relief.
nam e. New tax m easures w ill be mission checks w ill again bulge
passed, casing up on capital gains T h e 1937 national incom e e stim a t­
P rices— 5 ‘ . gain over p resen t level a t w holesale.
levies and perhaps cuttin g dow n on ed at $70 000,000,000 will not q u ite
F arm s— Incom e d o w n ; p rofits slightly lower.
th e high incom e bracket assess­ be equ alled d esp ite 1938 s strong
m ents A lot of talk will be heard second-half sprint.
Labor— Few w age ch a n g es; m ore jo b s in fall.
about a general sal«-, tax but it will Ilr t .til Sales. Living (o s ts Low er
not be pa-vsed E xtending the incom
S trikes— Big d ro p in strik es fe a tu re of y ear.
T he national incom e roughly d e ­
tax into low« r bracket.*» w ill be pro- term in es the volum e of retail trad«
R etail T ra d e — S ales below 1937; price ta g s lower.
post'd, but killed
Hence. I expect retail sales w ill av-
Living Costs— Clothing, food to lead m inor decline.
S p r iid in g to ( (» n tin u e
v rage less III 1938 than 1937. T hey
I look Im- a l i u r r betw een the w ill be slew d u rin g th e early
Babson Looks
,
price mere;» « in this group to fea-
tur. the bond m a rk e t in 1938 G ilt-
cdg< i su» are dow n m uch less th an
tin
m edium gradei
Ib is situation otter» a good op p o r­
tu n ity to m ake a few trades to im -
prove yu-ld ind inerea ■ • profit pos-
ibllitn
I m ake thi
tatem en t for
1 bell» •. •» that ih' long-term tren d
1
.
of high-grade bond prices is defi
la tely dow nw ard Sound m edium
grade bonds should be a b e tte r p u r-
chase for the n ext few m onths than
in io r obligations. When m oney
rates sta rt rising, high-grade bond
values a re going to filte r aw ay
slowly
He’s An Industrial Worker!
for Business
Revival in ’38
B uilding— Good pickup to begin by m id-year.
Real Estate— V alues, activity to im prove; ren ts
firm .
Stocks— S tro n g rise as business picks up.
Bonds— S u b stan tial ad v an ce in m edium grades.
F oreign— T ra d e to slow d o w n ; no E u ro p ean w ar.
Summary— 1938 to see resum ption of recovery.
it the, will ft illow the
farm control 1< gislatien w ill be strung business u p tren d as th e
|se ed. continuing the hug»- federal m onthly pages are torn off the 1938
farm outlays Wag» and hour legis- cal» tidal- By next C hristm as, vol-
lation may go on the statu te hooks, tim e of retail trad e w ill have a good
hut in a mild» i form than original- chance of breaking ¡ill records since
h i u o p o . n l Till 1U> iden t w ill get 1929 Shading' of price-tags betw een
only crum bs from hi.- g»»s e n in ic it New Y e a rs and E aster w ill help to
ic-o ig .im /atio ii proposal G en erally i bo»»st sales
speaking. till» m arital statu s of Mr
T his dro p in re ta il prices is good
Roi. cvclt and Io lug d em ocratic e.ews for the householder. It looks
eongre w ill reach th»- legal sep.ir- now as though the rust of living
Idlou stag» just short of Helio di- w hich has been rising steadily since
voice proceeding.
1933 w ill give ground early in 193H
The increase in unem ploym ent re- T he uveragc for the New Year,
lief and new pum p-prim in g minis- how ever, should show only a m inor
tires will keep public ex p en d itu res d ro p i food prices may touch off a
Hl a high le v e l B u d g e t b a l a n c i n g n e w rise along , about
L abor
,
. . . day
hoi».d for un til the H o m c u rre n t levels, yo u r clothing
cannot now
end of the 1939-40 fiscal y e a r at the will reg ister a m odest
decline
.
. . . by
( arliest Hence, the trend of the past next C hristm as f.a d should be u p
little
five years tow ard inflation will con- slightly; coal w ill show
tinuc B i vital that cv< n body re- change; fuel oil will be firm to low
m em ber this Ju st because inflation <*r. and ren ts will be unchanged.
is nol milking headlines now. do not W liy Iliiild iiiK S lo us lln u n
conclude that ii is nol m aking head-
O ne of tlie m ajo r cogs in tins
W it'
Inflation
I I I I I < a I I < 11 I I is
-s I Ih»-
II»
biggest
■ > !> ,« ,« ' I
• factor
« •» !» » »
i c i u l l rre
I f i n
l l t U
business
I I M I I O .'I H
recession
T I .3 8 I U I I
l has
lt I N U
been
V V II
in the long-pull business and invest- the sh arp let dow n in construction.
mi nt outlook today!
B uilding m aterial concerns and
P rlrc s Io Increase
1 I,m id.ng >
w
» o --«"•->
rk er, >'■'•>»
both shoved ,,n
up
costs
out of all reason d u rin g 1936-
Inflation is not simply a domestic
issue. II is a w orld-w ide influenc
37 A house which C(k-t $5000 to bu ild
‘9JS. w ould cost n ear-
It is one of the reasons w hy I lo< »»k m
fur some increase in prices in 1938 ' ly $6.500 today
ay. N a tu ra llj. d em an d
nes o.is
has su
slow
p m
in
Th»- sharp drop in both farm and f"r new homes
o w ed
u u op
industrial com m odities sine»- Align-1 ! face of tins u n w arran ted boosting
m akes it easy to forecast th e p rice: of costs. Home building is down 20
tre n d next v»-a r Sensitive cnntnriod-» l’e1' c r n * from th e 1937 peak, is be-
tt.es Should begin the,,- r,se
some low a y ear ago and ,s still falling.
W. e k s before btismess T hey a re at.
My th ought is that it w ill contin u e
o r close to. th eir bottom now. But I to dro p until a fter business has be-
doubt ,r the ,937 com m odity
tee g u „
retra c e its steps late next
p eaks will be broken next y ear In sp u n g . Som etim e next je .ii. how-
fact, next D ecem ber an index of 784 ever, home b u d d in g should again be
ra w and finished m aterials should hum m ing along. I he 1937 peak m ay
averag e only around 5 p e r cent even be topped so that th e average
above th e c u rre n t level Ind u strial volum e of new hom es for the new
com m odity prices will be strongest. y ear could be above last y ear s lev-
F arm products prices do not p ro m ­ el. I he new governm ent housing
ise as m uch action. Leading th c rise program
_
could also _ give the Indus-
w ill be non-ferrous m etals, steel I try a lug lift. It is even possible that
.■crap, and hides. The re -a d ju s tm e n t: the hom e building boon, w hich I
betw een supply and dem and i s ' really expected to develop in 1937
<,nicker in these industrial m aterials will star! late this coining year.
than it i m farm products But tin R ral ».state Mure Active
la tte r w dl move upw ard som ew hat
P riv ate non-resid en tial co n stru c­
from present quotations.
tion. oil th c o th er hand, w dl lie low ­
F arm O utlook l a ir
e r I now see little incentive for new
N ineteen hundred th irty - c ig h t plant expansion next year. Public
w ill see sh arp er control over cotton, u tility w ork, how ever, may tak e up
corn, and w heat acreage. P rices will the slack caused by PWA pulling in
end the new y ear well above today's ds h orns on public w orks projects.
levels W ithout a crop failure, how - A d ecline in building costs should
ever, present carry-overs a re so help volum e in th e early m onths;
large that they can prevent any wild hill before 1938 closes costs will re-
b o o m hi quotation.' M oreover, I ex- verse th eir field again and be on
)>eet. to see a fu rth er dro p in beef, th eir w ay to a new peak
hog. and lam b prices B utler, milk,
T hcse h ig h er costs w ill help real
eggs, and poultry w dl also b ceh eap - e state values. New hom e prices.
w hich a rc now being shaded h ere
and there, w ill stren g th en . H ow ever,
I hold little hone to r a n increase in
old house values, b a rrin g d rastic in-
G(,„d v acan t p ro p erty and
m odest w cll-laid -n u t m odern hom es
a rc amonR thc best investm ents a
person can m ake today. For th at
reason I feel th at 1938 is going to be
a good y e a r for realty m en —w ith a
slow sta rt and an active finish.
S tocks to R ally
T lii
i- .u in l,
..I .
.
1
1
|1O|(J fo /s to c k s I ex p ect to see th e '
ln a, kets fly th e rev iv al signal be-
. fo re -----
I9:)H ig
o ,d „ w ould be si„ v
to pre«
p redict they will, o r w ill not.
break th ro u g h th e ir 1937 M arch
p<,:lk „ m ak „
d ifferen ce
w h eth er they do or do not, for good
stockg
n .c n „, t prices, in my
slocks a t l c {.u u rre
opinion, offer ex cellen t p ro fit op- I
p o rtu n ities.
i ,
,,
?
n e = n 'U I
will be ll„' vital point in 1938 Some 1
c io n p .
w ill
of
co u rse
u,
value. T he m otors and ru b b ers offer
less prom ise because auto assem -
^lies w ill be below 1937.
F eatu re of Bond M arket
T he bond m a rk e t w ill be in flu ­
enced m ore by business in 1938 than
it has been d u rin g late years. M ed­
ium grades hav e registered a ter
rific dro p this fall and I look for
OREGON
T ren d Tow ard W orld In fla tio n
Pago Three
f
I T I 1
K lt C S I l C l t l
/•
c*
fo r
f
19311 S 3 D O
ORENCO—F uneral services
for
p an Sabo w ere held a t the H illsboro
B aptist church F riday m orning H e
died suddenly at his hom e n e a r
O ren co D u ccm bo r 22
Mr. Sabo had lived in and n e a r
O renco for the past 27 y ears and
w orked m any years tor the O regon
N ursery com pany, before startin g
^is own n u rsery . He w as born in
H ungary and cam e to th e U. S. in
1910, first to Clevland. Ohio, and
then to O renco. He becam e a nat-
to become th e V irgin M other ’ 1 m essage of th
P raw
rophet Isaiah—
_ e _
Will she consent th at O ne shall Behold, th e V irgin shall conceive,
oe born, hum an on His M other's and bear a Son and shall call Hi.x
side and God on His F ath er's s i d e nam e Im m anuel, w hich haing In-
The n atu re of man and th e n a tu re terp reted is GOD WITH US
________
____ ... in One. The
..
of God:
tw o r persons
For ....
unto us a C hild la born and
Son of God and the Son of Man: unto us a Son is given: and th e
The God-Man H aving faith that governm ent shall be on Hi*
(is shoul-
shoul-
w ith God all things are possible, der: and His nam e shall b« called
“ M —
-----------
“"
-
T
-------------------------
-----------------
----------
ary answers- Behold the hand- WONDERFUL.
C O U N 3ELL
IELLOR,
m aiden of the Lord. Be it unto me THE MIGHTY GOD, THE EVER-'
according to thy w o rd " And so LASTING FATHER, THE PRINCE
_ . the
. . . OF PEACE.
______ — ____
God . en t forth his Son. born of
G eorge N. T aylor,
Virgin. And so w as fulfilled the I B eaverton.—P aid adv.
........... ' V : —
w hy I
confident th at h ig h er m oney survived by his w idow and tw o
children, W illiam
a t rv home,
and
r a n - .«i«- in
m evitabh-
e v n a n i e is in
the c w
w o orld
r ld o out-
u t-
,
' ’ ,
look None of the m ajor nations and m drricd d a u g h te r in P o rtlan d
few of th e m in o r pow ers a re today
W eather In terferes
operating on a balanced budget.
Billions of borrow ed dollars, yens.
Inclem ent w eath er i n t e r f e r e d
m arks, and francs are being sp en t greatly w ith th e Tow nsend m eeting
in a mad arm am ent race. N ational Monday. High w ater k e p t m any
currencies are destined to becom e aw ay. It w as thought best to post-
steadily cheaper in term s of goods, pone the previously announced
F urtherm ore, th ere seem s to be only tu rk ey d in n e r u n til th e m eeting
a rem ote chance of av ertin g w orld Ja n u a ry 24. N ext m eeting w ill be in
conflict T hrough reciprocal trad e the M ethodist church basem ent,
agreem en ts—and a genuine sp irit- Ja n u a ry 10. beginning at 7:30 w ith
ual rev iv al'
a study of “T h e G eneral W elfare
P resident Roosevelt and S ecretary Act" and election of officers and
Hull have done m ore for w orld re - concluding w ith a pot luck lunch-
lations in the last five y ears than all eon. All m em bers are urged to at-
the international peace conferences tend. F riends welcome.
of th e past tw o decades! In spite of
-----------------------------—__
terrific pressure from g ro u t« at
home, th e state d ep artm en t has
pushed steadilv ahead w ith its trad e
'B y - A nna Rock)
agreem ents They have negotiated
sixteen treaties and a re now w ork-
The F ern Hill L adies’ club w ill
ing on th e m ost im p o rtan t of all—
Ja n u a ry 6 a t the hom e of
w ith G reat B ritain. V ast am ounts
of d ata have been culled over an d
The N eighbors of W oodcraft w ill
the treaties have had as th e ir sound
T hursday night, J a n u a ry 6.
goal "the m ost good for the biggest
, r —a , ?!*rS- A
O liver. Helen
num ber."
and F ra n k lin spent C hristm as day
W orld T rade O utlook
¡n M cM innville
S Adam son
As a result, o u r sh are of foreign
Miss Ellen Irm ler of Salem is
com m erce has »hew n a m uch sh arp - spending h e r holiday vacation w ith
e r increase than th at of the w orld at h er p aren ts
y ' acau o n w lttl
large In 1937, tor instance, our e x -
Santa C laus brought a nice fat
ports and im ports w ere 34 per cent tu rk ey all the w ay from L aG rande
h ig h er than in 1936, w hile th e to tal to put in the stocking of D C
w orld trad e was up only 25 p er cent. W hiting, city recorder
T his y ear th ere should be m odest
________________1______
gains in overseas com m erce, but the
IN T O VS A CHILD IS BORN
ra te of increase w ill slow up. I ex-
W ithout a hum an fath er, how-
pect that Scandinavia, South A m ­
erica. G reat B ritain and h er D om in­ can there be the b irth of a ch ild ’
T
his
w as the question in the m ind
ions w ill again be our best m arkets.
, ,
.
,
, .
„
. of M ar>'- th e V irgin, th a t day in
International relations w ill not N azareth. T he angel G abriel, sent
im prove noticeably in 1938. I th in k from heaven, had come in on her
th at gangster diplom acy w ill con­ with^—Hail, thou th a t a rt highly
tinue in vogue fo r an o th er y e a r at favored, th e L ord is w ith thee:
least. But I am convinced from my blessed a rt thou am ong women.
trip abroad this fall th a t 1938 w ill
W hen M ary saw the angel she |
see no general w ar. I am not v ery w as tro u b led a t his saying and cast
hopeful over the long-term fu tu re in h er m ind w hat m an n er o f
how ever. A b itte r conflict seem s in- salutation this m ight be. The angel
ev itable unless a new C hristm as said unto h e r—F ear not M ary for
spirit invades the h earts of m en all you have found favor w ith God
over th e w orld
and behold, you a re to become a
The above is a good outline of m other and brin g forth a Son and
w hat I feel read ers can expect in you w ill call His nam e Jesus. He
1938 We have come over a long w ill be g reat and He w ill be called
hard road since 1933. I am confident th e Son of th e H ighest and the
th at we are not going back to those L ord God w ill give Him th e throne
depths this year! A m erica is su ffe r­ of His fath e r David. He w ill be
ing just now from an attack of b u si­ K ing over the house of Jacob fo r­
ness indigestion com plicated by a ev er an d of His reign th e re w ill be
severe case of jitte rs. T he ups-and- no end.
T hen said M ary to the angel—
dow ns of business seem to have
been grow ing deep er ra th e r than "How can th is th in g be seeing 1
shallow er d u ring th e past ten years. know not a m an?" Yes—How can
T his is because the country is sw ept a child be born w ithout a hum an
by succeeding w aves of em otional father? A nd the angel answ ered
d istru st and confidence, due to a and said unto h er—T he Holy Spirit
shall come upon thee and t h e
w e a k e r sp iritu al foundation.
Ju s t as in th e fall of 1937 opti- Pow er of th e H ighest shall over-
m ism changed o v ernight into black shadow th e e - therefore th a t holy
pessimism , so th e c u rre n t gloom th in g th at shall he born of thee
can be transform ed into confidence sh all be called th e Son of God.
again by the stroke of a pen. F or
Will M ary yield herself to God
th a t reason. I believe th a t th ere a re
...
____ __
.
,
now som e , w onderful buying oppor-
m;,re rag ? "« -d e d or w anted
¡ties.
Stocks
and
bonds
hom
es
at
thls
“
«
"e
.-A
rg
u
s.
42tf
lunitm s Stocks ^nd bonds., hom es —
and furnishings, food and clothing.
arc. o r soon w ill be. on th e bargain
co u n ter Hence, my closing mes-
sage today is: W ork for a m ore hon­
est and less selfish A m erica; but do
not let present tim idity scare you
aw ay from today's g reat opportun-
I ities!
Happy New Year
TO YOU . . .. our many
friends and customers—
for your kind patronage
during 1937.
We welcome an opportunity to serve you
further during 1938
OREGON FARMS CO.
Mr. and Mrs. F. O. Eagon
Cornelius
H ighw ay East E ntrance to H illsboro
Phone 801
P L U M B IN G
ELECTRICAL APPLIANCES
We are agents for
KELVINATOR
—
MAYTAG
FAIRBANKS - MORSE
Hillsboro Appliance
Plumbing Co.
“Standard” Plnmbing — Fisher-Thorsen Paints
Phone 72
Kelvinator Appliances
132 S. 2nd, Hillsboro
Best Wishes!
With
upon
able
with
ward
NEW
YEAR
pleasure we look beck
the service we have beep
to render in 1937 . . . .
anticipation w’e look for­
to serving you in 1938.
Start the New Year right by consulting with
us on your INSURANCE needs.
CHAS. L. WALKER
"E very F orm of P rotection"
116 S. T hird Ave.
HILLSBO RO
RUSH LOW
INSURANCE
W ishes You
Happy New Year
K e lle r
^
‘«hc
outstan d in g in d u stries of 1938 from
a n ialk t., standpoint. I w ould pick
| h e m etals, oils, bu ild in g m aterials,
a ircraft m akers, steels, chem icals,
electrical eq u ip m en ts an d m ail or-
dcrs T he u tilities m av su rp rise in-
vestors and the rails a'rc so low th at
any good new s could give them a
trein an d o u s p ercen tag e increase in
Men’s Shop Cleanup Event
Joe Blow Reminds You
th a t it’s for the
Here are four more DRASTICALLY REDUCED items featured in
our first store-wide clean-up sale. Suits. Overcoats, S h irts, Socks,
Underwear, and many other top quality garments are included in this
event— BUY NOW AT ROCK-BOTTOM PRICES!
20th Year
Wool Plaid Jackets
fave
Pays You
on Your Savings
Rain repellant, heavy and all-wool. Variety
attractive plaids, pleated backs. Zipper^ or
button style.
G R E E T IN G S
Variety colors. Detachable
hood, zipper front ... *3"
Genuine Parkas zipper
Another lot of famous make
A ll Wool Sweaters Sweaters.
$5.95 value
Now is (he lime to switch your Savings Account and
get this larger earning.
Slashed for immediate sale.
Draw on it— it you want to— or put in more, Suit
yourself.
f
START TODAY, get full six months earnings!
Member Federal Home Loan Bank
FREE!
BUY
Ask us for details of the Suit that
is to be given away Friday, January 7
AND SAVE
All sales cash and final.
RELIABLE
Washington Savings ÔC Loan Assn.
«urxo.ii» UJH ua uenca
NOW
J. M. PERSON. M anager
Hillsboro, Oregon
$ A .9 9
........ 2
Leather Dress Gloves
Our entire stock of
to
30%
QUALITY GLOVES
-¿ V %
fave
Your account is unconditionally GUARANTEED.
SAFE
$5«
Values to $7.95 .......................................
Values to $6.50
New Year's
Phone 1732
AT THIS
OFF
FREE!
RECORD SALES
EVENT !
We cannot charge or exchange purchases
at these low prices!
The MEN'S Shop
207 E. Main St.
Howe and Wells, Props.
Phone 1412