R CESSION HITS J-HOP
Saturday, Febr THE MICHIGAN DAILY Vol. XLVIII Price: 10 Cents
"he Weight Of IJfop Prosperity
Copyright by Rcbert L. Gach, 193
Leaders Of The 1938 J-Hop
Ticker Tape
Marks Zenith
Of '38 Hop
Promenade Is Headed
By Marietta Killian
And Robert Reid
Marietta Killian and Robert Reid,
patrons and general chairmen, re-
spectively, had the floor well under
control as they led the 1938 J-Hop in
a continuous grand tour around
the dance floor Friday night. The
aforementioned march ended in a
triumphant flurry of ticker tape and
gilt-edged securites before the official
photographers.
Miss Killian's dress, incorporated
from her own design, was made of
white silk net over taffeta with a fullj
skirt. A distinctive feature of the1
gown was the narrow satin ribbon
which was applied in vertical bands
the entire length of the dress, and the
braided satin belt. The two net pieces
forming the bodice were softly gath-
erd at the waist in front, crossed at
the back of the neck, and joined the
waistline in the back. The exquisite
simplicity of her gown was carried
out in her accessories also: a white
net butterfly worn in her hair, and
white satin slippers. Miss Killian wore
no jewelry.
John Collins, secretary of the J-
Hop committee, escorted Virginia
Voorhees, '39. Miss Voorhees' evening
gown was deep coral chiffon with a
dramatic full-length cape. The dress
itself was made in the fitted style-
the bodice closely tucked over the
hips, and a flaring skirt-with rib-
bon shoulder straps. Silver accessor-
ies touched off her lovely outfit.
Jean Bleecker, of the decorations
(Continued on Page 5)
Stockholders Sell
Afer BuyingSpree
Seasoned Ann Arbor brokers were themselves as being more than satis-
talking over the sudden demise in fied with the evening's activities.
J-Hop stock at 3:30 a.m. today when Forming the background and keep-
nearly 3,008 people sold out their ing the boards up to date with all the
interests in the issue, bringing a re- latest quotations were the men ini
cession with its accompanying head- Jimmy Dorsey and KayKyser's or-
aches. Earlier, on Friday and even chestra. It was reported that because
up until 2 a.m. today, the brokers hadkept
noted that with more than 3,888 ac-thnsadhecodumigter
tive participants on the floor, another things and the crowd humming, there
record had been broken in local stock actions carried out.
transactions. Ann Arbor's standing in comparison
Robert Reid, '39E, of Detroit, acted to other leading stock exchanges is
as chief commissioner for the evening not considered very high, according to
with Marietta Killian, '39, of Allegan, well-informed observers, but even
as his first assistant. They expressed they assert that last night's showing
would stand out above any other
Curb's trading.
Other The local exchange was especially
redecorated for last night under the
direction of Lawrence Lackey, '39A,
P ct ureS and Jean Bleecker, '39A, chair-
men of the J-Hop decorations
committee. Coral, white and black
On Page Sixteen were used to carry out the formal,
modernistic design. The ceiling was
composed of nine longitudinal panels.
in This Issue The booths, for the use of those
brokers who had secured seats on the
market, were draped in coral, white
READ ABOUT . , , . and black. They were rather similar
to the '37 booths.
J. SPIEGEL Page 9 The governor's booth, filled with
JOE ZILCH Page 7 patrons of the market, contained
MAZ I E HOOTI E Page 12 more than 200 dignitaries, University
OXI E O'ROURKE. Page 1 0 administrators, faculty members and
JOHNNY G. . Page 13 parents of conmittee members.
HALE CARN EG I E Page 1 2 An artificial boom was being started
today, in an effort to stave off a last-
ing recession, with a round of house
parties, dinners and other entertain-
XC US I Ve ment. Some groups, foreseeing the
recession, had already begun this
fight on Friday. Others will continue
until Monday.
-Entered at the Post Office at Ann Arbor, Mich., as second class mail
matter.
ROBERT REID and MARIETTA KILLIAN