THE MICHIGAN DAILY

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Change Hats

Calkins
Drug
Con
For 30 Years the Best

flCifts for Commencement!
SEE OUR
KODAKS, ALBUMS, SCRAP BOOKS
M BOOKS, HIGH SCHOOL MEMORY BOOKS
Everything for the Kodak and Kodaking.
HAIR BRUSHES, CLOTHES BRUSHES
TOILET WATERS, PERFUMEX
FOUNTAIN PENS
Adjustable Toilet Kits, for traveling.
320 S. State St. and 1128 S. University Ave.

Cordova s s
We have just received
another shipment of
this popular shoe in
BLACK and TAN.
Special Agency Nettleton shoes

F,

at

Lindensehmitt Apfel & Co.

U.

III

Home of
Stein-Bloch Clothing and
Imperial Hats

INDUSTRIES OVERLOADED
WITH ORDERS AT PRESENT

OPERATIONS IN LEADING
PUSHED TO EXTENT'
LABOR SUPPLY

LINES
OF

ANOTHER LOT OF

Genuine Cordovan

Oxfords

Arrived and Selling at:,
$7.85

worth . $10.00

(SEE WINDOW)

CAMPUS

BOOTERY

308 S. State Street

Overloaded with orders is the con-
dition of the leading industries, yet
distribution of the more commonplace
commodities evidences the existence
of irregularity plus some conserva-
tism. Government buying stands out
prominently. Hoarding of foodstuffs
has subsided. The disappearance of
cool, wet weather removes a retard-
ing element in the crop situation.
Industrial operations in the leading
lines are being pushed to the utmost
allowed by capacity and the supply of
labor. Iron, steel, lumber,shipbuild-
ing, machine tools and textiles stand
in the forefront. Government buying
has speeded up the textile industry,
while also being responsible for re-
newed activity in the making of mun-
itions of war.
Labor, except in the building lines,
is scarce. The effects of enlistments
are being felt, and wages keep on ris-
ing, while strikes, though happily iso-
loated, are numerous. Cotton mill
hands have secured the fifth successive
advance since the war began.
Hysterical buying /of foodstuffs to
hoard against imaginary potential
shortage has subsided, but not before
consumers unbidded prices against
themselves. It is also equally appar-
ent that overbuying of foodstuffs by
individuals who will not use thesup-
plies for months to come, is likely
to react in circumscribed demand next
month.
* * * * * * * * * * * * * * *
**
* AT THE THEATERS *
* - -
* TODAY
* _ _*
* Majestic-Vaudeville. *
* ______*
* Arcade - Valeska Suratt in *
* "She"; and Charlie Chaplin *
* iu "The Cure." *
* *
* Orpheum - Fannie Ward In *
* "The School for Husbands"; *
* Also Paramount Pictograph *
* Triangle Komedy. *
* _ _*
* Wuerth-Wm. S. Hart in "The *
Square Deal Man"; Also Key- *
* stone Comedy, "Dodging His *
* Doom." *

QUESTIONS AND ANSWERS
TO LIBERTYLOAN BONDS
INTENDED TO CLEAR UP MAT-
TERS UNKNOWN TO PUR-
CHASERS
In order that its readers may better
understand the character of the Liber-
ty loan, The Michigan Daily prints the
following questions and answers:
Question. How large is the Liberty
loan?
Answer. $5,000,000,000.
Question. What is the amount of
the first issue authorized by the sec-
retary of the treasury?
Answer. $2,000,000,000.
Question. Why was the Liberty loan
authorized?
Answer. To prosecute the war for
liberty and freedom by providing food,
shelter, and ammunitions to our sold-
iers and for the soldiers of those
countries with which we are making
common cause.
Question. How much do Liberty
loan bonds of this issue cost?
Answer. From $50 to $100,000-
whatever their face value calls for.
Question. What interest do they
bear?
Answer. Interest at three and one-
half per cent will be payable semi-
annually on December 15 and June 15.
Question. Does the government in
any way specially recognize subscrip-
tions to Liberty loan bonds?
Answer. Yes, every subscriber to
the Liberty loan will receive an official
button in token of his service to his
country.
Question. When does the govern-
ment pay back the money?
Answer. June 15, 1947.
Question. May it pay before that
date?
Answer. Yes, at any time it wishes
on or after June 15, 1932, on three
months notice.
Question. If necessary could I bor-
row money on these bonds?
Answer. Yes. they are the best se-
curity that can be obtained.
Question. What is the security?
Answer. The faith and honor of
the United States, backed by all the
resources of the American people.
Question. Are the Liberty bonds

._.._..

After the Theatre Party or


V I- " , . jjjjjjjvjL,,jJ


After the Theatre Party or
Dance, Lunch at the
STATE STREET
LUNCH
334 S. State Street
Open Till Midnight
Tables for Ladies

r.

i tforw

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Cameras -- Photo Supplies

IUt


U

DRUGS

Dinners a la Carte

I

Our Developing and Printing Service is Prompt and Satisfactory
THE EBERBACH & SON CO.
200-204 E. LIBERTY STREET


FINE LEATHER GOODS
Ladies' and Gentlemen's Toilet Cases, Purses, Pocket Books, Card
Cases, Cuff and Collar Bags. Writing Cases, Pocket Companions, First
Aid Outfits, Photo Frames, Jewel Cases, Playing Card Cases, Auto
Luncheon Kits, Manicure Sets, Cigar and Cigarette Cases, Travelling
Clocks, Scarf Holders, Library Desk Sets, Sewing Sets.
You are cordially invited to inspect our extensive line of leather goods
and novelties.
HALLER & FULLER
STATE STREET JFWELRS
Do You Know That-

REGULAR DINNERS
Served 11:30 a. m. to 7:00 p. m.
Steaks and Chops at All Hours
All Fresh Fruits and Vegetables
in Season.
A TRIAL WILL CON-
VINCE YOU

WAHR'S Shoe Stores
Ma ia St. State St.

You will find the
nobbiest line of
Palm Beach and
Cool Cloth Suits

in the city.

Also

A HOT ONE

I

a big line of
Flannel Pants.

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Spurwo o d
Just Out!
15 cent
ollars
EARL & WILSON
Typewriters stored, cleaned and re-
paired. 0. D. Morrill, 322 South State

Ohio ranks second to Michigan in
the number o: students attending the'
Univer;,ty.
Courses in Bulgarian, Assyrian, and
Arabic are given at the University.
Hare and hound races were held
here for the first time in 1892.
The present physiological. labora-
tory was once used as a chemistry
building.
No instruction in agriculture is giv-
en at the University.
Hear the June Victor Records at
Schaeberle & Son's Music House.-
Adv.

This is no joke. The
coming summer will be an
excessively warm one. To
be comfortable you will
want to dress comfortably.
This problem has been
solved by MARQUARDT,
Campus Tailor, who is pre-
pared to fill your order for
a Palm Beach suit, white
flannel trousers, or other
clothing of the season.

Straw Hats
at
Popular
W rite s

Rae-Francis Nelson in "One
Many"; Also "Mysterya
Myra."

I

of
of

* * * * * * * * * * * * *

AT THE MAJESTIC

St.-Adv. 5-6-7-8 _
Banquets given particular attention.
Typewriters packed and shipped. O. .Delta Cafe. -Adv.
D. Morrill, 322 South State St.-Adv.

Meet me at the Delta Sunday eve-
ing.-Adv.

Try a Michigan Daily Want-Ad.


The last musical show of the sea-
son will open at the Majestic thea-
ter tonight when Milton Schuster will
present "Prancing Around." This is
one of the largest travelling popular
priced musical comedy companies in
the country. "A laugh a minute" is
promised for this show. A large chor-
us elaborately costumed and musical
features are special attractions of the
show.
AT THE ARCADE
The Arcade will show Valeska Sur-
att in "She" from H. Rider Haggard's
book of the same name. This picture
is said to be by far the best thing
that Valeska Suratt has done yet.
In addition Charlie Chaplin will
again be shown in "The Cure" his
latest Mutual comedy.

taxable?
Answer. They are exempt both as
to interest and principal, from all tax-
ation imposed by the authority of the
United States, or its possessions, or
by any state or local taxing authority,
except estate or inheritance taxes.
Question. Suppose the war contin-
ues longer than it is expected and the
government is forced to float another
series of bonds at a higher rate of in-
terest than three and one-half per
cent, what would happen to the hold-
ers of the Liberty loan bonds?
Answer. Liberty. loan bonds have
an especial advantage in this respect,
in that the United States, if required
during the continuance of this war
to issue other bonds at a higher rate
of interest, will exchange Liberty
loan bonds for bonds of the higher
rate, dollar for dollar.
Question. Must the full price of the
bond be paid on application?
Answer. No, only two per cent of
the amount of the bond is required
when application is made.
Question. In what form are the $2,-
000,000,000 Liberty bonds issued?
Answer. Two forms-bearer and
registered.
Question. What is meant by "bear-
er" bonds?

Answer. A registered bond is one
which bears on its face the name of
the owner or owners, and which can
not be transferred to a new owner
until the previous holder has given
his consent in writing on the back of
the bond.
Mr. Harry Bacher of the city Y. M. C.
A. and secretary of the Ann Arbor or-
ganization for Liberty bond sales. in
referring to the sale of the Liberty
bonds says: "The campaign is pro-
gressing very nicely. We hope that
we may over-subscribe our allotment.
So far $900,000 worth of bonds have'
been subescribed to but what we need
now are volunteers for the teams meet
at the city Y. M. C. A. at 10 o'clock
every morning."
THREE REEL MARINE PICTURE
TO BE RELEASFD ON JUNE 1 i
Washington, June 6.-To further
augment the recruitment of 4,000 sea-
soldiers during national marine corps
recruiting week, June 10 to 16, a three
reel Edison moving picture entitled
"The Star Spangled Banner," dealing
with a story of life in the United States
marine corps, will be released on June
10.
A regiment of United States marines
helped make this picture and are seen
in action on land and water. The pro-
duction has the approval of marine
corps authorities.
Purdue Faculty Has 14 Michigan Men
A list of the faculty of Purdue in-
cludes names of 14 Michigan gradu-
ates. Michigan ranks second in the
number of faculty members. Eighty-
two colleges are represented in the
list.
Typewriters stored, cleaned and re-
paired. O. D. Morrill, 322 South State
St.-Adv. 5-6-7-8'

TOM CORBETT
116 E. Liberty St.
"Mie Young Men's Shop"

I

ve sure and see this
Fitform ine at once

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FOR SALE
FOR SALE-Wall tent 12 by 12 foot,
with fly. Also fine trout fishing out-
fit, jointed rod, reel, landing net,
creel, trout flies, wading boots.
Phone 837-M. 7-8
FOR SALE- Student rooming house
furniture at bargain. dall at 418
Thompson or phone 1809-W. 7-8
FOR SALE-Cheap. New set of Har-
vard classics. L. A. Walkling.
71-W. 6-7-8
WANTED
WANTfUD-Th. opportunity of getting
what you want is knocking at your
door. Answer t1 by a veat-ad i
The Daily.
WANTED-To rent a canoe from June
15 to 30. Inquire of McCandliss.

LOST

LOST-A Gamma Phi Beta Sorority
pin, with initials V. G. C. on the
back. Finder please return to the
chapter house or Martha Cook of-
fice, and receive reward. 6-7-8
FOR RENT
FOR RENT--6 room. modern house,
sleeping porch, south of campus,
furnished for summer or unfurnish-
ed. Phone 392-R. 6-4
MISCELLANEOUS
A94 INTELLIGENT person may earn
$100 monthly corresponding for
newspapers; $40 to $50 monthly in
spare time; experience unnecessary;
no canvassing; subjects suggested.
Send for particulars. National Press
Bureau, Room 2558, Buffalo, N. Y.-
TYPEWRITERS-of all makes bought
for cash. O. D. Morrill, 322 South
State St. 5-6-7-8

A
can
ano
Ql
"bea
e,

A
CITY EMPLOYMENT ply
College men preferred. Good chance sen
for advancement. See De Marsh, Sat- casl
urday evening 7:30 P. M. at 1208 So. Q
University. 7-8 iste
LETUS SE
AN ASSORTMENT OF V]
nn ewntv-fouri hour an rovalplan!

.nswer. A bearer bond is one which
be transferred from one owner to
ther just like a dollar bill.
question. How is interest on a
arer" bond obtained?
.nswer. At the interest date sim-
cut off the proper coupon and pre-
t it at any bank, where it will be
Ied like a check.
uestion. What is meant by "reg-
red" bonds?

AMERICAN AVIATOR DIES AS
"A, R[ERO ON Fli ENCH FRONT
New York, June 5.-Dr. H. V. Bar-
,,Y of thhi city received a cable mes-
6age today from the French military
authorities informing him that his son,
Leif Barclay, 22 years old, had met his
death "heroically in our cause" while
serving as an aviator in the Lafayette
escadrille.
Y our typewriter accepted in part pay-
nent for a Corona, the portable ma-
chine weighs six pounds. 100,000 in
use. 0. D. Morrill, 322 South State
St.-Adv. 5-6-7-8
Schaeberle & Son can equip your
portable Victrola with a Record-Lyte
for $3.50.-Adv.
Go to Wilkinson's for your Trunks,
Bags, and Suitcases, where luggage is
good and prices are right. Opposite
Wuerth Arcade, 325 So. Main St.-
Adv. tt

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YOU

ICTOR RECORDS
! Select a dozen numbers. you

on our w Hy-I ~ LL p , VJVa Va: OAVo vceaum-a v
would like to hear in your own home. Phone us, 1707, and we will
send same.
VICTOR VICTROLAS FROM $15.00 TO $300.00
CONVENIENT PAYMENTS!
GRINNELL BROTHERS,
116 SOUTH MAIN STREET

1677-J.

6-7-8