The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-10
Hopeful at Kingan's

Clarence Keehn. vice-president Of
Kingan & Co. Ltd. said the chief
phase being watched by his COM
pany is the advance in commodity
prices.
This program has a good chance
of success" he said. The farm
relief bill, as well as imitation. will
play big part in any expansion
program which we may contemplate.
There has not been enough evidence
OF material benefits yet 70 warrant
raising wages or taking on more
help"
Officials of Marmon- Harrington
Company, manufacturers of heavy
duty motor trucks, today an
nounced receipt Of a large order
for United States army trucks. They
said increased employment Will re-
suit, with the company starting on
the program Immediately.
Ship to Syrian Desert
The new trucks will be built I'M
der special specifications to haul
rs nm. field guns.
In addition, the company is con-
structing truck to be used as a
portable machine shop for the army
field service. Additional pipe haul
ing units also will be shipped this
week for use in the Syrian desert.
Business improvement in the last
few weeks has been noted by Ar
RTnXrr11 or r.
diana National bank and the Union
Trust Company.
There appears to be more con-
t1dence and some of our depositors
and customers, in many lines of
business, tell me there is quite an
upward trend in their lines" he
said. THE merchants, particularly.
are feeling the benefit of the i'm
provement. Many persons appear
to be buying now, in anticipation
OF an inevitable increase in prices.
Many RepIenish Stock
For several years, merchants
have carrisd small stocks on their
shelves and this stimulation in buy
ing has forced many of them to
send rush order to replenish their
shelves"
Several downtown stores said
they had not experienced a marked
increase in buying, but S. A. Sull-
van of L. S. Ayres 81 Co. declared
some improvement is noticeable"
"Thirty-one departments of the
oh IS
same days last year." he said THE
women'S ready-to-wear alteration
department reports handling Of
more pieces, although, because of
lower prices, the volume of sales in
this department is not as high as
for the same period a year ago"
Sullivan said there is more inter-
est in home furnishings, which he
termed IAN indication Of confidence
on the part of the public"
Management of the store has an
nounced vacations with pay will be
continued this summer.
Expect Price Rise
officials of clothing companies are
looking forward to advance in =
prices as a business stimulant One
local company, it is reported, al
ready has received notice to in
crease the price Of clothing.
Officials Of the Link-Belt Com
pany and the Van Camp Hardware
Company have noted improvement.
Our business is enjoying what
might be termed a noticeable i'm
provement," James Watson, vice.
president and general manager of
the Link-Belt, said Generally
speaking, there is more interest in
different kinds of articles. Orders
are more numerous, more diversi-
fled, and in better volume"
Increase in buying is apparent,
officials of Kothe- Wells Bauer.
wholesale grocers, said. Leaders in
the grocery business forecast price
boosts in the food field.
Others Note Increases
Heads Of two other grocery firms
said they had noted increases in
the last few weeks.
A representative of the Midwest
ern Petroleum Company said that
extra help had been employed to
ref1niSh equipment of the company,
and c. w. Manville of the Shell
Petroleum Company said the drop
in gasoline prices had brought in
creased consumption.
we have taken on some extra
help to aid in rebuilding our sta
tons" he said. SALES have in
creased since April g."
Seasonal house rentals are in
creasing, according to Lawrence G..
Holmes, executive secretary of the
Indianapolis Real Estate board.
Some Of this might be attributed
to an increase in employment and
to families, who formerly lived to-
gether, separating. Some improve
ment is noted in sales of low and
high-priced residences. There is not
m VI h activity in intermediate
groups.