The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-08-24

Prices are going up and are 60
ing to keep going up, IS the way
the department store man sees IT,.
He'll tell any one in Indianapolis
the same thing.
Here" he points. Tets go over TO
the hat department. Look at this
hat. II costs IS. But it costs s.
only because I stocked up last
spring. The company I bought this
hat from is charging me S. now.
That makes 1t Sc 10 you. Why is 1t
Sc instead of IS?
Fur Prices are Up
Fur prices. have gone up. All
good hats are made of fur. Cheap
hats are made of wool Wool's up.
too. That makes cheap hats cost
more. The better the hat, the
greater the price hike.
Leather has gone up. Silk is up
The lining in this hat is silk. the
band inside is leather. Everything
combined pushes the price up
The department store owner
walked over TO the glove counter
and picked up a glove. He feio 1t
and handed it across.
Take gloves. for instance. Most
of the gloves We buy are made in
Fulton county. New York. Up in
Fulton county. tie glove manufac-
turers all raised pay is per cent the
other day.
This glove costs the consumer
81. 1t was bought before the NRA
went into effect. If 1 buy that
glove today, it costs me practical
ly 81
People Really Buying
Everything in the store is going
up. It's unavoidable. People have
gone back to work and as result,
manufacturing prices are climbing.
Don't let anybody tell you we're ON
the wrong track. People are really
buying. When they're making
money, no matter how little, they
buy
There are shirts over there. The
price on shirts to the layman seems
to be far out of reason. The price
have gone soaring Why the cot
ton industry today is paying bet
ter wages than it has paid in many
a year
Production costs are way up. and
the price we're buying them at is
Just about what you were paying
yourself a month ago. In some
cases we're paying more.
Keep Mind on Cotton
THE cotton angle is one you
mustn't forget Few articles in the
clothing line are made without cot
ton in it. Perhaps it cost you s45
to outfit yourself year ago. You
can't match it today. Match it piece
for piece and it will be nearer SIS
or 500.
The department store owner
stopped short.
Say. this is surprise. Right
there is a jobber in mems sports
wear Id like you to talk to him
for a minute"
The jobber was pleased to talk
prices. Yes. he was pleased with
business. But wait-he has an ex-
ample to give on prices.
My partner and I went to New
York on a buying trip recently" he
SAYS. We contracted a manufac-
turer TO make up some garments.
The price TO us was $3.50 a dozen.
Prices Jump Rapidly
The manufacturer hadn't started
on the garment and he quoted us
figures. based on his labor and ma
terial costs at the time A few days
after We arrived in Indianapolis, the
MIRA went into effect
In the meantime. We had con-
tacted retailers and had sold
these garments at SIT. Two days
later We received a letter from New
York. The manufacturer informed
us the price to us was Sl4.50 a dozen.
Under the MIRA. his labor costs had
gone up and so had his raw ma
terials cost.
We had to turn around and
quote a new price TO the retailer
Our price had to go to $50. That
made the retail cost about s24 a
dozen. SO what originally cost the
jobber 81 a garment now costs the
consumer 50. Under the old price
level. it would have cost the con-
sumner $l.60 or SITS.
We have the same experience in
everything We sell. In some cases.
the increase is even sleeper. If you
were to ask me. I'd say the time to
buy is right now. Prices are going
still higher"