Friday. January 21. 103S
BABSON SAYS
Continued fro m Page 1
O il, UK FLOATS T l l l t O l GH T H F AH I
U H I ! TUK G R E A T E ST OE EASE
a new h y d ro g e n a tio n p ro ce ss also
co m es fro m coal.
T h ese tw o de
v elo p m e n ts g ive new hope to th a t
h a r d - h it in d u stry .
T E L E V IS IO N s till h a s te c h n ic a l
p ro b lem s w hich p re v e n t It fro m
b ein g su c ce ssfu l co m m ercially It
is now out of th e la b o ra to ry , how
ever, a n d is a s u re -fire n ew Indus
tr y w ith in th is g e n e ra tio n .
The
c h a n g e s w h ich telev isio n w ould
b r in g b e g g a rs th e im a g in a tio n .
H O U S IN G is m a k in g ste a d y p ro
g re s s 1937 sa les w ere 50 p er cent
ab o v e 193«.
B u t th e m a rk e t w ill
n e v e r be big- In th e re s id e n tia l
<■ ,
- » M
field except in n ew hom es.
It is
IB
.
-:v . ■
a tuifloqt-nuulv f-oetly en g in ee rin g
H
••
. '
jo b to air-c o n d itio n a n old house.
T h e in d u stry , how ever, h a s a g re a t
; .v.
f u tu re in c o m m e rc ia l fields.
It
♦ ¿ a -'X Ï
w ill h elp to s tim u la te in d u s tria l
m ig ra tio n Into w a rm e r clim es.
H O U S IN G w a s th e m a jo r la g g a rd
in o u r 1935137 b u sin e ss recovery.
I t is th e key log in o u r c u rre n t
econom ic jam .
I'K K F A R K IC A T IO N
w ill
some
d ay force( b u ild in g to d ro p Its m e
d ie v al " h a m m e r a n d s a w ” c u sto m s
-H
b u t so f a r re s u lts h av e been d is
a p p o in tin g .
H a b its a n d b u ild in g
people a r e h o ld in g b ac k th e fa c
tory -h o u se.
T h e poor
c o m p a ri
son o f a h a n d -m a d e $10,000 h ouse
This daring young man on the flying skis is taking a high
w ith a fa c to ry -m a d e $1,000 a u to
m o b ile m e an s p ré fa b ric a tio n will
jump on ont* of the excellent ski slides right here in our
w in in th e end.
F a c to ry -h o u se s
own West. Every year more peoplt are learning what
a lo n g w ith c o tto n p ic k e rs will c r e
glorious fun Winter sjxtrts can lx- and discovering how
a te th e
b ig g e st a n d s h a rp e s t
pleasant and easy it is to reach the West’s wonderful
c h a n g e in o u r in d u s tria l life.
«now
playgrounds by warm, comfortable Greyhound bus.
AIK C O N D IT IO N IN G is m a k in g
ste a d y p ro g re ss.
1937 sa les w ere
50 p e r c e n t above 1936.
B u t th e
m a rk e t w ill n e v e r be big in th e
j .
E arlie st Dentists
F irst Stock Tickers
re s id e n tia l field ex cep t in new
E ven before the C hristian o ra a n
hom es.
I t Is a ta ilo r-m ad e , c o s t
"F a m o u s F irst F a c ts ” states th at
ly e n g in e e rin g jo b to a ir-c o n d itio n i the first stock ticker was a p rin t cients w ere trying to p atch up teeth.
a n old house.
T h e in d u stry , how-1 ing telegraph which w as patented by G reeks w ere skilled d en tists and
ev er, h a s a g re a t f u tu re in com R. E. House in 1840 and w as first
A rabians turned out good false
m c rc ia l fields.
It w ill h elp to I exhibited at the A m erican Institute
chew ers. L ater, how ever, d en tistry
s tim u la te in d u s tria l m ig ra tio n into fa ir in New York city in 1844. One lagged, says an authority.
M edi
w a rm e r clim es.
of T hom as A. E dison’s first inven cine didn’t see w here the c a re of
4. T R A N S P O R T A T IO N h a s possi tions wa9 an im proved stock ticker teeth w as so im portan t. D e n tistry ’6
b ilitie s too.
M obile h o m e s—real which he brought to New York in : revival began to speed about 200
fa c to ry -m a d e h o u se s on w heels-
R ecords of the New York y e a rs ago, but even as late as th e
f its r ig h t in w ith th e " f a r m in 1868.
su m m e r-fa c to ry in
w in te r"
p ro - 1 Stock exchange show th at a tick er m iddle erf the last century, b a rb e rs
g ra m .
A
low -priced
a irp la n e was first used there on N ovem ber did quite a bit of tooth ex traction.
In this country, d en tistry cam e with
w ould a d d a n o th e r boom to th e 13, 1867, this being the invention
one
w h ich a ir c r a f t m a k e rs a re of Dr. S. S. Law s and E. A. C alla the R evolutionary w ar, probably
first w as p racticed am ong W ashing
a lre a d y enjoying.
M orever, r u han. Edison him self, as quoted in
m o rs o f a m o re econ o m ical c a rb u r "E dison, His Life and Inventions,"
to n ’s troops. But a fte r sta rtin g late,
e to r m a y p o in t th e m o to r in d u s re m em b ered the exciting tim e with
the U nited S tates sot the pace for
t r y ’s life-line in to n ew
hig h the indicators on the Black F rid ay
the world.
g ro u n d .
of 1869 when Gould and Fisk a t
S om e o f th e se new in d u s trie s art- tem pted to corner gold.
ju s t c ra w lin g o u t o f th e ir c rib s; b u t I
o th e rs a ro a lte a d y b ig b u sin e sse s |
T h ey hold th e p ro m ise of m illio n s j
o f new jobs, o f c o n tin u in g th e ujt- 1 M AR-DO R NOT STR IK IN G
DEAFNES S
No ,
w a rd m a rc h o f A m eric an s ta n d a r d
W
e
h
ave helped o th ers to better
o f living. R evise our tax systeim. la b o r tro u b le s a t th e M ar-D o r hospi
hearing w ithout hearing aid s In
en cou rage cap ital to push along tal.
T h e tro u b le so m e fac to rs, w his !
A U D IO -T H ER M
• best* young Industries. Then th e
T reatm ents, sh a ll w e help you?
present ear o f unem ploym ent, of key, w ine, beer, gin, ru m , b ra n d y an d
F re e C o n s u lta tio n
tuhu.r strife, and of political h a all alco h o lic b e v e ra g e s a r e b eing elim
tred w ill iMH-onie just unother in a te d in 48 h o u rs.
I f you d o n 't b e
Katherine Schleef, M. D.
ch ap ter In the history of A inerl- j lieve it a s k a n y o f o u r p atien ts. C all
727 Morgan Bldg., P ortland
eon progress !
EA. 9529 o r a t 34 N E 20th ave, P o rtla n d
u
i
v . S
Early U. S. Stamp« U»ed
as F ra c tio n a l C urrency
The clever ad ap tatio n o4 postage
stam p s during the Civil w ar was
responsible for the Introduction of
fractio n al cu rrency, according to
collectors who study both philatelic
and n u m ism atic records.
B ecause so m an y people hoarded
the m etal coins (both silver and
copper) during the conflict of 1801-
1865, sm all cu rren cy was p ractically
d rain ed from circulation.
In order to m ak e change for hills
tendered in p ay m en t for purch ases
postago stam p s w ere forced into
service. V arious concerns produced
littlo bras« cases into which postage
stam p s w ere placed. O ther people
m erely pasted unused specim ens on
pieces of ca rd b o ard and used them
instead of m oney.
One such card , com ing to th© a t
tention of a banknote designer, in
spired him to propose fractio n al pa
p er money. He used th a t card os a
m odel, copying th e lapped stam p s
and adding only suitable inscrip
tions and trim m ings.
The original e n g ra v e r's design
shows that ho even left tlx? words
“ U. S. P o sta g e" on each of the
stam p designs. A pencil correction,
however, indicates th a t tho T reas
ury official who approved the idea
elim inated the " p o sta g e ."
The re st of the design was left
in tact and p ap er bills w ere issued
with a face value of 25 and 50 oents.
On them w ere reproductions of post
ago stam p d esigns: tho 25-cent bill
had brown JefTersona, while the 50-
oent hod as m any green W ashing
tons.
I)A N ( ¿K R O U H
It is dwngi-rouN to Hell a SU B ST I
TU T E for litUI Just to nuike thro«-
o r four eent«« .more.
i ’U M to to e rs
an- your tx-xt u n m -I h lose them
ami you low- your I mih I iu - hm .
(16(1
I h worth three or four Hnti-s as
m uch ; im a SU B ST ITU TE .
$19.50
$29.50
$29.50
$59.50
Coats
Coats
Coats
Coats
Beautiful,
new,
styled-to-the
m inute coats .
your unre
stricted choice at VI price. Huv
for this season!. Huy for next
l-'all . . but buy now and save
50 '; All sizes included.
Open an Account
No E xtra Charge (or Credit
Companion Clearance
of Winter
■» . î
Just
Charge
it at the
Fashion
DRESSES
JL
o
FASHION j
PRI CE
$19.50 Dresses $ 9.75
$29.50 Dresses $14.75
$29.50 Dresses $19.75
L
CLOAK & SUIT !
COMPANY
|
The Fashion is fam o u s for
its individually styled dresses
. . . and now select any
afternoon, business, street or
evening gown at just yt its
former price. Complete as
sortm ents and sizes.
S.W. Washington at lftth j
PATRONIZE OUR ADVERTISERS
The Greatest Sate In Our History !
at the UPSTAIRS FURNITURE STORE
Furniture Stock
at 1 1*5
-5 1-4
1 -4 1 - 3 1 1 - 2 O ff
the entire
EVERYTHING MUST GO!
$59.00 2-Pc.
Only (Contract
Merchandise Excepted
HUNDREDS OF BARGAINS
Overstuffed
Group
$ 3975
($1 W E E K
Davenport and chair
. . custom tailored,
bench built, full web
bing base, 8-way band-
tied springs . . . rust
and
green
Colonial
Homespun covering.
Funiture . . Rugs . . Radios
Stoves
. . Heaters . . Washers . . Odd Pieces
^ An
59c Felt Base Floor Covering Remnants
' . t" 12-yard pieces, yard,
¿ ‘ t v
$9.75 Portable
ICJ.75
Radio
3
24.75 Atwater
$Q 75
K i in Const tie
7
$30.00 Gothic Sparton
fable
$ 1 ^ .8 5
Radio
iv
$30.00 Atwater Kent
/•tu b e
$ |C .7 5
Console
....... »*7
Group . . . For
*39
($1 .W EEK )
Hollywood vanity, full-
$49.50 Im ported 9x12 Belgium Sarouk
$^ 4
size bed, chiffonier . .
$ 4 /"Q
‘* • " 7
RECONDITIONED
RADIOS
Bedroom
1.44
$9.50 Colonial Maple Coffee Table,
extra good size, well brqced
N«w n«»t sruaranUx*. w ith
nc*w tiiln*4, can he tu rn e d
in w ith in 90 day« a t full
c re d it on new radio.
$5900 3-Piece
$2.75 Upholstered Benches, W alnut Finished
legs quality c o v e r s .....................
$1 4 Q
1*2/
Wood and Coal Ranges, Used, 16 inch oven, $ 9 Q "7C
semi-enamel finish, steel top
Used Wood
and Coal
Ranges
To
$28.75
Value*
*
14 ”
($1 W E E K )
To $6.50 Lamp Shades, For Bridge lamps, differ-
Q„
ent styles, colors, some slightly display soiled 0 7 1 /
$35.00 Period Davenport Extension Table, $ | 4
Burl Walnut top. automatic leaf ...........
QC
All thoroughly recondi
tioned standard makes,
different models . . . 4
only . . . to close out at
one low price.
$165.00 Bedroom Group, Early California, $ C Q C ( |
vanity, bed, chest, bench, stand .................. y7 » D \3
8-pjece Modern W alnut
$59.50 Param ount Electric W asher,
latest style, only
$
JJC
„ s-rU J
Dining Suite
Table, Buffet
and 6 Chairs
*49
$1.35-$1.95 Inlaid Linoleum Remnants, 3 3-4 to
15-yard pieces, yard
....................... D 7 L
Several
Used
3-Piece
Walnut Bedroom
Suites
*24 75 *29 75
.95
and so on
YOUR CREDIT IS GOOD
“Buy Today — Take a Year to Pay’
OUR ENTIRE WAREHOUSE STOCK USED FURNITURE
ALSO INCLUDED AT SENSATIONAL SAVINGS
UPSTAIRS FURNITURE STORE
PO R T L A N D 'S BIG G EST
U PST A IR S ST O R E
4th and Yamhill Street
L O O K FO R T H E
BIG SIGNS
<. ' vi S