Monday, Aug. 27, 1928
Commodities
Trading in the following commodities was affected, last week, by various developments :
Time. New York Telephone Co. subscribers bought time, last week, at the rate of 5-c- a unit. They could lift the receiver, call Meridian 1212 and demand the correct time, paying the regular charge for a local call. On the first day of the new service, 10,246 subscribers paid $512.30 for the time of day.
Beauty. In convention at Chicago was the American Cosmeticians' Society. Secretary Frances Martell cited pregnant statistics: "Piety comes high, but not one-fifth as high as prettiness. Beauty of all kinds, including cosmetics, facial treatments, care of the hair, cost American women $1,825,000,000 in 1927. . . . During the same period, members of all the Protestant churches in the U. S. and Canada spent only $489,429,076 for foreign and home missions and congregational expenses."
Simultaneously, The American Druggist statisticketed U.S. women: More than half use rouge; 71 in 100 use perfume; 90 in 100 use face powder; 73 in 100 use toilet water; 15 in 100 use lipstick.
Money. In Terre Haute, Ind., money moved from behind iron bars, to the curb in front of the Citizens National Bank & Trust Co. Within a cage set up on the sidewalk sat a teller. Banking motorists could cash checks, make deposits, without leaving their cars.
Mules. In two record days on the Fort Worth (Tex.) mule mart, sales totaled $600,000, with prices ranging from $75 to $325 a span. Operators reported the demand steady, the supply abundant.