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TIFFANY STVDIOS
BRONZE-S
. BOWLS -
PORTRAIT FRAMES
DESK SETS - JEWEL BOXES
CANDLE‘STICKS -BOOK ENDS
'CARD TRAYS - ASH TRAYS
CIGARETTE BOXES
SMOKERS’ STANDS
Original delight to etched and cat? 13mm,
finubed in Gold, Silver and Antique Gmn
OPPO "I" I" l-CAILTON HOT! 1.
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CLOCKS
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2‘“ ~.
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99c
Christmas Hard Candies
........ V; lb. 12c; lb. 21c; 5 lbs. $1.00
Choc. Chewing and Crisp Centers, lb. 89c
Ann Fox Nut Meats lb. $1.50
Trellis Chocolates .. . . . .. lb. $1.00
Asst. Hard Candies in tin .. . . . .. lb. 54c .
Amer. Filled Confections
Choc. Dinner Mints
Asst. French Fruits, lb. “79c; 5 lbs. $2.49
Asst. Chocolates in l to 5
.........lb64c
lb.79c
s ..... oats-es
lb. Xmas pkgs.
Stadler & Smith
Ocr. Washington a 50.515111
Streets
So Norwalk
day's"
'
NEW HAVEN
Sweaters
‘ Lumberjacks
Bathrobes
asHOuse Coats
’ Umbrellas
We gladly cash
Xmas Checks
09:00:90.»: oozes ”’00:“: «:«z«:«:« «’«3»:«:«:«:«:«:
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BRIDGEPORT
: GIFT SUGGESTIONS.
FROM “HIS” STORE
JIOVERCOATS $30.10 $50
SUITS $30 to $50
. Wool Vests
Mufflers ’
Shirts
Neckwear
Hosiery ‘
' Open
Saturday Eyening
WATERBURY
0.... 0......
O 0......000
O
1 O
O
O
O
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O O O O O O O
Woormww. .
O O O O O
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Corner Main and Wall Sta, Bridgeport
Specialists in High
Grade Wsarlnp Asa-rd
(“fig
EVENING summon—so murmur CONN.
—.——'—'
200% in Sixty Days, Ponzi’s Latest
\
Above. Pearl's other: in Jackson-
ville. Note the “200 per cent. in so
.sign on the “all; The arrow
points to Pearl. Bt‘low. Penal, in
typical Florida rcaltor clothes, poses
beneath a palm tree.
M
JACKSONILLE. Fla., Dec. 11.—
Charlss Ponzi. debonair "investment
broker." whose tree and easy specu-
lations in Boston drew tor him a
term in the Federal Penitentiary
which he completed only recently. is
trying to recoup.
Operating from an oitice in to
Jacksonville basement. Penal has 01-
ganised the Charpon Land Syndicate
and is promising "200 per cent. in 60
days" to all comers.
Penal is free on 310.000 bond pend-
ing his appeal from a seven-year sen-
tence in the Massachusetts prison.
He declares his Florida investments
will bring him enough money to en‘
abieghim to pay back all who lost
money in his Boston schemes.
He is buying Florida farm land
and dividing it up into 25-by-bo loot
lots. These he sells at $10 apiece.
promising. to redeem each one by
giving three new ones or $30 in cash
.tor it . it is his claim that he will
sell several million or these lots.
The name oi his syndicate—Char-
pen—is derived by combining the
first syllable or his that name with
the first syllable ol.‘ his last name.
-».;r§.:_>1o;¢%w»ceea2s-;M
ASKS CONGRESS
10 CHANGE LAW
FOR NAn.‘ BANKS
Controller in Report
Says U. S. Institu-
tions Are Going Over
to State Control
WASHINGTON. Dec. 11.—— (AP)
National banks throughout im-
country are feeling more and more
the restriction laid around them by
Federal statutes and greater free-
dom tor them was described as in:-
perative in the annual report or
J. W. McIntosh. Comptroller of the
Currency. made public today. The
Comptroller detailed statistics to
show an increasing exodus trcm
the national banking system and
he predicted it would continue un-
til the national banking laws are
amended.
To accomplish the needed relief.
Mr. McIntosh strongly urged enact-
ment of the McFadden bill. a mea-
sure whioh was passed by the House
last Congress. but which never was
reached by the Senate. '
“It is a well known tact. “ the n:-
port added. "that many national
O
actment of such a bill as that
which tailed at the last session of
Congress. If they cannot at this
time obtain some such amendments
to their charter powers as are
therein proposed. there will he a still
greater exodus from the national
system."
Resources Increased.
Mr. McIntosh said that although
the resources or the national hantts
had steadily increased from Year to
year and the condition of the indi-
vidual banks remained strong. the
relative increase nevertheless in the
total resources or the national insti-
tutions has been BlOle tailing oil
as compared with the resources of
state banks and trust companies. He
mentioned that during the forty
year period ending with July 1
1924, the total resources ct national
banks had ialltn from '75 per cent
country to about 47 per cent.
'past 18 months. he said. had wit
proportion of the total resources
held by the national banks.
“These facts present a serious sit-
uation for the consideration of the
Congress. "the Comptroller sale.
"and I am directing attention there-
to at this time chiefly for the pur—
pose ol‘ showing that the. adverse
conditions of national bank opera-
tionsvare becoming daily accentu-
ated. The national banking system
is a time-honored Federal instru-
mentality. The charter powers 0!
the individual national banks are
of the total banking resources or tiiei
Tolel tam can
throughout the United Statesaatan-
nessed a further shrinkage in incidddmd Bi'flb‘m of banking subject
last.
banks are anxiously awaiting cn-l'ruice in the history of the United
States. uninciy.i1nmcdiatcly altei
the CNN War and immediately pre-
ceding the World War. the Federal
govu‘nmcnt was able to eniorce a.
banking policy at a time of great
financial stress through its author-
ity to use the national banking sys-
tem as an instrument for the public
benefit.
”Die-individual notional batik is
always ultimately nine to take care
of it..elf in meetmg the competitive
condition due to more favorable
state system. But the gradual loss
or national banks and the conse-
quent decrease in relative resourc-
es of the national banking system
is of primary concern to the na-
tional sgovernnient. not only be-
cause the national , banks
form the logical and per-
mancnt basis of the federal re-
serve system but also because only
through the national banking sys-
there be maintained
to the visitorical powers of the fed-
cral government and subservient at
all times to the will of Congress."
Notwi.hstan'ding the keen compe-
lllion put forth by institutions op-
erating under the more liberal pro-
visions of the state laws. there were
fewer national bank failures during
the 1': months (‘ndtd October 81,
than in the preceding twalve
months. Mr. McIntosh called attsn-
lion. however. to what he described
as an over-banked condition in
many sections. but said there was
derived .0191). from the Congress. inovertheiess a large portion of the
'4 . -.~‘.u-x ,1... .
‘44 So. Main St.
- l
Assorted Colors in
Corduroy
Ladies’ Kmonos'
$2.95
Trimmed Voile
Ladies Gowns
$1.25
Assorted Colornlaee
OUR NEW ‘ HOME
~ HOLIDAY SPECIALS
Lace Edge Pure
Linen 3-Piece
Bullet. Sets
$1.00 set
_
Fine Quality- Silk
Trimmed Beacon
Children’s
Bath Robes
51.69.
mm IN
use. —_'Cl1ildren’s+'lnlanls’ Wear
1'
.-‘~p~«—1"-~§-“t»-ve--~v I. ..,., .5. a...~.~r-
R
THE FAIR
So. Norwalk
Assorted Quality in
Boxed ‘
Pillow Cases
$1.25 m$2.95 .
W
Philippine Hand
Embroidered
lniants’ Dresses
$1.00
I
' V
{y/ m '
'—
/
\'/
it Give A Silk Shirt +1
/
. ' Men hardly ever buy luxuries for them-
tl selves—they like them though. That’s
why he’ll like a silk shirt so much - you . .
\ can’t buy finer ones than these
13 N. Main St.
mm... 1-1.», ii‘tx «mam.
5i RADIUM SILK SHIRTS ‘ .;
Palace Clothes Shop
, M's-1.
, _ ., . . ... w
4.. ,. ‘ "'7‘" XWW’M
xterm: . ....-
° . rnmw, nucmmnn n, 1925,
«enemas , at"?
‘ "i
0
White, Blue, 'Tan, Grey
$7.50
So. Norwalk
failures attributable to economic
conditions which the Comptroller
described as generally much im-
proved.
National Bank Failures.
During the year mentioned. 98
national banks became insolvent as
compared with 138 national banks
for the preceding year. Mr. hicin-
shown a. decided decrease in number tionai banks. Seventy one of in:
in ”W “181 halt 0’ the year COVBN‘d ins.1iwnt banks were located West n
by his report. the proportion being the Mississippi river, 51 of whicl
63 for the first six months and 35;were in the grain country north 0‘
for the last six. Kansas. and 20 in the cattle coun-
A large majority of the failures try 0! the southwest There were i:
were small banks. the report said. i'uiinres in the three states of North
and'tha total assets at all were ma- Carolina. South Carolina and 6mm
teriaiiy less than assets 0! any one gin. The remaining 12 were scat-
tosh said that the failures had of the present important urban na— tercd in various other states.
\\\\\\\\\\\\' u// // ///,
.\\\\ /////,/
at interesting prices.
Noawstx,
well aliases ~20!!! Clear the commgz year
I The Christmas Spirit is here expressed in Gift Value.
spreading Holiday Cheer is to furnish you with the finest' In Men’ s Wear
HERE ARE GLOVES
For Every Occasion
$1.00 5 $7.50
. MUFFLERS
The Beat We’ve Ever Shown
$1.50 ‘° $6.50
WIND BREAKERS
Grey or tan leather, also wool plaids
$7. 50 "° $16. 50
ROGERS e STEVENS
Our way of
Just a few prices picked at random. 1 -
BELT SET
In New Designs
$1.25 $3.00
$1.13ch R0555
They Are Beauties
$15.00
PAJAMAS
Soisette and Domet in New Colors
$2 .00 to$4. 50
TWO s'ronss
SOUTH NORWALK
Norwalk Chronicler