POUR

THE MiCHi AW- DAILY.

F~OtJtt THE MICHIGAN DAILY.



Week's Trade Review-Theatre

NEW PROBLEMS IN
FINANCIAL WORLD
FINAL EFFECT OF WAR ON U. S.
COMMERCIAL CONDITIONS MAY
NOT BE FOR THE BEST.
LITTLE HOSTILITY TO CAPITAL
(Henry Clews and Company)
The financial condition of the coun-
try is undoubtedly promising, but con-
tains many difficult and unprecedented
problems. The violent derangement of
foreign trade, the sudden and over-
whelming demand for munitions, the
numerous applications for American
funds and the consequent secondary
disturbances affecting shipping, labor,
railroads, factories and all commercial
lines in' general, are too familiar to
require mention.
War Benefit May Not be Permanent
Should the war continue indefinitely
it will have a two-fold effect. In the
first place it will mean a demand on
the United States for munitions and
food products such as has been experi-
enced during the last six months. This
temporary trade advantage, however,
will be offset in the long run, and it
would be a dangerous self-deception
to think that the United States could
be permanently benefited by a strug-
gle ended only by exhaustion.
Evidently, then, a prolonged war will
have both its gains and losses for the
United States. Should the war come
to an early end we should lose some-
thing by having some large war con-
tracts cut off, but we should gain much
more by the restoration of normal
activities.
With the coming of peace new prob-
lems will have to be met. Our finan-
cial demobilization would be in order
and our many industries that have be-
come radically changed during the
struggle will be permitted to return
to their normal condition. In addi-
tion to this, European commercial life
will have an entirely new aspect. This
will influence our foreign trade im-
mensely.
Home and Foreign Conditions Improve
Home conditions show further im-
provement. Railroad traffic is steadily
expanding, trade in the west shows
considerable improvement, new build-
ing is exhibiting a decided revival
and the steel trade continues on an
unexampled boom.
The foreign exchange situation has
been greatly improved. This country
is still a creditor nation in the large
sense of the term, but a tremendous
change has taken place in this re-
spect. Some months ago the amount of
foreign capital invested in this coun-
try was estimated at $5,000,000,000.
Since the war began between $200,000,-
000 and $300,000,000 worth of securi-
ties have been returned, we have taken
the Anglo-French loan of $500,000,000,
and we have made shipments to Russia,
Canada, Italy Argentina and other
countries.
The nation as a whole probably is
thinking more seriously at the present
than it has at any other time in recent
years. Public opinion is less hostile to
capital, a fact which helps to remove1
the depressing influence of so long3
standing. The railroads, too, are car-
rying an increasing amount of traffic
at better rates than formerly, the re-
sults for November promising to bet
exceptionally satisfactory.r
To Exhibit Antarctic PhotographsI
Remarkable photographs of Sirz
Douglas Mawson's Antarctic expedi-r

tion will be exhibited in Alumni Mem-
orial hall Tuesday and Wednesday.c
These pictures are the same as thoset
put on the screen here last year. TheyF
include beautiful views of the won-
derful snow and ice of the AntarcticI
regions, as well as a number of ex-t
cellent photographs of the bird and 1
animal life of the far south.s
Former Student Marries in LansingZ
Stanley Putney, ex'17, who is atI
present assistant to the manager ofb
the Bissel company of Grand Rapids,v
was recently married to Miss Char-
lotte Moore of Lansing.s

At The Theatres~
Margaret Anglin's engagement in
Paul Kester's comedy, "Beverly's
Balance," at the Whitney theater on
Saturday, November 27, bids fair to
be one of the record-breaking periods.
And the reason is not far to seek; for
Miss Anglin has here produced a com-
edy based on the subject of divorce,
which makes you laugh incessantly for
three acts. Miss Anglin's inimitable
art shines brilliantly throughout the
action of Paul Kester's charming and
brilliant comedy, and her supporting
company is perfect. It is quite appar-
ent that no one is going to miss this
richest comedy of the season, if the
box-office reservation are any induce-
ment. Those who miss seeing Miss
Anglin in "Beverly's Balance" will
miss one of the rare theatrical treats
of the year.
At the Garrick.
"Life", that sensational, picturesque,
human drama about America which
Thompson Buchanan wrote, is at the
Garrick theatre, Detroit, for a week's
engagement, including the regular
matinees on Wednesday and Saturday
and a special Thanksgiving Day mat-
inee. William A. Brady, who produced
this piece, modestly declares it is the
biggest dramatic production that he
has ever made. It comes to Detroit
direct from a triumphant run at the
Manhattan Opera House, New York,
and Gotham declares -it is the great-
est melodrama they have ever seen.
The play tells of the perils of a
young college man, the stroke oar of;

of execution, when he is extricated by
a device which Mr. Brady says is both
ingenious and surprising. The play
contains among its pictorial features a
college boat race, ahcoaching scene
zwith a crowded four-horse tally-ho, a
ball on Fifth avenue, the front of St.
Patrick's Cathedral, a mobilization of
Mexican revolutionists in El Paso, a
Pitched battle on horse-back, in the
Mexican desert. 'and the storming and
d:emolition of a stoutly built mine
stockade. There are twenty-one scenes.
and eighty-two speaking parts in this
production, to say nothing of dancers,
horsemen, and real oarsmen for the
big college boat race. It is filled with
thrills and excitement and its story
is told logically and convincingly.
Every character in it is vital and the
audience follows the adventures of the
hero and heroine with eager interest
through all their perils to the happy
ending where virtue triumphs over
villainy.
M. A. C. Chooses Henning 1916 Captain
Lansing, Nov. 22.-Ralph Henning,
of Bay City, has been chosen captain
of the 1916 M. A. C. football team. Hen-
ning played right end this season, and
has been a star for three seasons.
!,innesota Union Has Dancing Classes
Minneapolis, Nov. 22.-Under the
management of the Minnesota Union,
dancing classes have been started for
students. The dances taught include
the new Peabody one-step, the 1915
fox trot, and several new varities of
hesitations.
Wisconsin Gets $350 for Debating.
Madison, Wis., Nov. 22.-Regents of
the University of Wisconsin have ap-
propriated $350 for the debating teams

The Advertisers' Club
We present below the list of DAILY ad-
vertisers. These men support the DAILY, and
deserve your support. They are all reliable,
and in dealing with them you will get a square

deal.

The DAILY recommends them.

Lyndon, A. S.

Ann Arbor Press.
Arcade Theater.
Ann Arbor Savings Bank.
Andres, 0. G.
Allen, N. F. Co.
Allmand and Forsythe.
Allmendinger Music Shop.
Arnold and Co.
Brooks Brothers, N. Y.
Busy Bee.
Betsy Ross Shop
Bischoff, Geo.
Bloomfield, A. J.
Burchfield and Co.
Bancroft, "Pop."
Bull Durham Tobacco.
Bonwit, Teller Co.
Bond St., Clothiers.
Crystal Restaurant
Cousins and Hall.
Chapman, J. L., Jeweler.

Lyon and Healey Co.
Lindenschmidt, Apfel Co.
Moe, Geo., Athletic Goods.
Moran School of Shorthand.

Mayer-Schairer Co.

Malcolm, J. K.

Majestic Billiard Hall.

Maedel, G. C.
Major and Co.
Mack and Co.
Michigan Inn

Marquardt, Arthur.
Mann Drug Store.

Morrill, O. D.

Majestic Theatre.
O'Connor and Co
Orens, Cafeteria
Packard Academy.
Pezz's Barber Shop.
Purfield, Wm., Shoes.

his Varsity eight, to whom circum- of that institution. This will make it
stances point as the murderer of a unnecessary for admissions to be
ew York banker. Unjustly convicted he charged to the various debates during,
remains in bondage until the very eve the year.
T H E FLONZALIE3Y QUART ET

Calkins Pharmacy.

Co-Op Tailors.
Cluett, Peabody Co., Arrow
Collars.
Conklin Pen Co.
Corbett, Tom, Clothier.
Detroit, Jackson and Chicago
R. R.
Detroit Edison Co.
Davis and Ohlinger.

Daines and Nickles.

The Flonzaley Quartet which will
make its first appearance in Ann Ar-
bor tonight after an absence of several
years, is an organization which has
won a unique place in the field of mu-
sic.
It is made up of four splendid ar-
tists who have pledged themselves to
refrain from taking part in music per-
formances other than that of quartet'
playing; the result is that the organi-
zation has attained unusually high
rank.
The work done by those four musi-
cians is attracting the favorable at-
tention of the entire musical world.
Adolfo Betti, first violin, Was born in
Florence, March 21, 1875. He played
in public at the age of seven. For a
time he followed literary pursuits, but
later, upon the advice of Cesar Thom-
son, devoted himself exclusively to the
violin. He studied four years under
Thomson at Liege, graduating at the
Royal Conservatoire with the highest
honors, winning the gold medal for
violin and first prize in harmony. He
then began to concertize, appearing
successfully in Austria, Germany and
England. In 1900 he was appointed
Professor at the Brussels Conserva-
toire, where, during the absence of
Cesar Thomson, he occupied that great
master's post as concert master of
he orchestra conducted by the fa-
mous Geveart.
Alfred Pochon, second violin,' was
born at Lausanne, July 30, 1838. He
first studied the violin at Geneva with
Louis Rey, and at the age of 12 gave a
series of concerts in Switzerland.
Joachim heard him play and advised

iiim tu go to Thomson. He was the
laureate at the Liege Conservatoire.
Later he became assistant to Thomson
in Brussels.
Ugo Ara was born at Venice, July
19, 1876. He studied violin under P.
A. Tirindelli, winning a diploma with
the greatest distinction. Afterward he,
too, studied with Thomson at Liege.
In 1896 he went to Vienna and took a
course of composition under Robert
Fuchs.
 Iwan d'Archambeau, violoncello, was
born at Verviers, the birthplace of
Vieuxtemps, September 18, 1879. He
comes of a very musical family, his
father having been a composer of im-
portance, distinguished especially for
church music. He studied the 'cello
with Massau, the teacher of Gerardy,
and after winning the gold medal for
excellence, went to Frankfurt to per-
fect himself under Hugo Becker. He
then made successful tours as a soloist
in Germany and Belgium.
Following is the program which the
quartet will carry out in Hill auditor-
ium at 8 o'clock tonight.
Quartet in D major .... Cesar Franck
Poco Lento-Allegro
Scherzo
Larghetto
Finale
"Three Pieces for Quartet"........
(Manuscript)............Strawisky
Quartet in D minor, op. 76, No. 2....
...........................H ayden
Allegro
Andante piu Tosto Allegretto
Menuetto
Finale.

Dean and Company.
Davis, 5. O.
Demuth, Wm. Co., Pipes and
Smokers' Supplies.
Delta, The.
Eastern Michigan. Edison Co.
Eberbach and Co.
Frank Brothes.
Factory Hat Store.
Farmers' and Mechanics' Bank.
Fatima Cigarettes.
Flanders Clothing Shop.
Flanders Floral Shop.
First National Bank.
Famous Shoe Repairing Co.
Grinnell- Brothers.
Ganzle, Albert, Tailor.
Grennen, D. E., Tailor.
Goodyear, Wm. Co.
Goodyear Drug Co.

Quarry Drug Co.
Reule, Conlin, Fiegle Co.
Randall and Pack.
Rentschler.
Ramers Chocolates.
Renellen Hospice.
Riz La Croix Papers.
Rowe's Laundry.
Sheehan and Co.
Schaeberle and Co.
Spalding Brothers.
Schlanderer and Seyfried.
Stick and Woodberry.
Sugar Bowl.
Schleede, I. F.
Students' Supply Store.
Switzer Hardware Co.
Sauer Lumber Co.
Schumacher Hardware Co.
Stark Taxi Co.
Swain, G. R.
Tinker and Co.
Tice Drug Co.
Theater Magazine.
Tuxedo Tobacco.
Tuttle's Lunch Room.
Universal Transportation Co.
U. of M. Boat Livery.
University Music House.

Goldman Brothers.

Seniors Begin Moustache Contest.
Chicago, Nov. 22.-Senior men began
their annual moustache growing con-
test last Friday at 10:15.
House party time is drawing nigh.
See us for party Taxi Service. We
have the equipment. We are prepared
to take care of you efficiently. Stark
Taxicab Co. Phone 2255. novl6tf

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ti
ft
L
sf
3+

German American Savings Bank.
Gross, Fred.
Garrick Theater, Detroit.
Hamilton Business College.
Huston Brothers.
Henry and Co.
ITaller, Martin, Furniture.
Haller Jewelry Co.
Hoppe, 0. F.
Kempf, R. W.
Kollauf, J. W.
Kidd, C. I.
Lutz Clothing Co.

Wadhams and Co.
Wahr's Book Store.
Wahr's Shoe Store.
Walkover, Shoe Co.
Wai King Loo.
Washtenaw Gas Co.
Weinberg's.
Wagner & Co., Clothiers.

Varsity Toggety.
Velvet Tobacco.

Wild and Co.

Whitney Theater.
Wiley, Chas. D.

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