Show SPORT CLOTHES CHEAP Business of f Making Elaborate Gowns I Falls Off Result of Style Changes Chang s INC BANKRUPT I B By y The Telegrams Telegram's 5 Special News Service NEW NEY YORK Oct The Oct 21 The The tendency to the wearing of sport clothing by American Americ n women a a remarkable and newly economy developed economy In the matter toilet of expenditures and the Increasing increasing ing prominence of the automobile in In American social activities are ire the reasons reasons rea rea- sons sons' assigned by Mme for a a I voluntary petition in bankruptcy made by Inc The firm will discontinue discontinue discon discon- I its business at Fifth avenue The petition shows that Inc has liabilities of or and assets Of Mme who In private life lite is Mrs Clara McMahon Is made receiver r at the request of of the creditors creditors- The business busness of making elaborate gowns said Mme is at this time quite as poor as it has been Inmany in inmany inmany many years at least from my tion Sport clothing which is worn to toa toa toa a greater extent than ever before has of course made great Inroads upon the gown making business but I think that there is a tendency to economy in toilette that is quite new among among American Ameri Ameri- can women Nowadays a trip to some point near near the city Is a rather regular feature of of- the weeks week's s social activities and upon upon those trips since stops are made at different places a 30 single gown gown- Is quite enough In the matter of formal dress This altho although gh a convenient and rather pleasant arrangement of course affects the dressmaking situation quite Vitally Mme Mme- came to this cU city from Cincinnati and has been in business in New York for sixteen years She first entered entered- the business of creating and making gowns as an Individual l and in 1613 1813 formed the firm Inc The incorporation Oration was In hi June of that year and the capitalization was The assets of the firm Include about in In collectible debts and the remainder re remainder remainder re- re In goods which will be sold sold-at sold at for forced ed sale and are expected to be disposed disposed disposed dis dis- posed of for abo about t 30 cents on the i dollar |