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Show j EXTRAVAGANCE IN ; U.S.PASSING, BANK I REPORT DECLARES j ST. LOUIS. Mo., July 27. Extravagant buying is rapidly j subsidirg- despite the fact that the purchasing power of the ' public has not diminished, ac-j ( cording to the monthly report I of the eighth federal reserve district issued here today. The report states cuctoniers are demanding the worth of their money in quantity and quality. Statement from bond houses that the public is buying Liberty Liber-ty bonds over the counter "with eagerneEs" and the factj that there is a "well defined slowing down in the automobile industry," ?rc fuither indica-i tive of the general trend toward I saving, the report states No change is forescasted in the shoe industry and clothing for fall delivery is steady to higher, the report says. ' |