The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-04-07

Banks, Stores, Factories
Report Substantial Bust
ness Gains.
Continued From Page One)

Continued From Page One)
improvement in business over this
time last year. The firm has in
creased its force of employees, and is
optimistic over the future.
Sidney Sullivan, publicity director
for L. S. Ayres & Co., said business
increases this year has been ex-
tremely satisfactory, adding that
heavy buying during the pre-
Easter period required the employ
ment of additional employees.
Prest-O-Lite Reports Gain
Business of the Prest-O-Lite
Storage Battery Sales Company is
running equal to some of the best
years in the company's history, ac-
cording to J. B. Senner, treasurer.
Last year at this time, business
was touching bottom" he said.
Employees have increased their av-
erage earnings about so per cent,
due to the increased hours which
they have had an opportunity to
work
The Diamond Chain Company
has noted slow but steady i'm
provement in conditions since the
last of December, said President
Guy A. Wainwright. He said there
has been a slight increase in en-
plOyment, adding that the company
anticipates good summer.
c. B. CretS, president of the
Van Camp Hardware and Iron
Company, said his firm, in the first
thre% months this year, showed a
so per cent increase in sales over a
similar period in 1888.
Eve shipped more merchandise
last Wednesday than in any one
other day in the last year and a
half" he said. 1.-THE company's
force also has been increased sub
stantially."
Casting Plant Hikes Wages
The National Malleable and Steel
Castings Company reports that
wages have been increased, pro-
duction is up about so per cent and
the increase in employment is nearly
go per cent since last year.
Mortimer G. FurScott, vice-presi-
dent and treasurer of the Kahn
Tailoring Company, said that bust
ness of the company in March,
under the national mems clothing
code, was go per cent better than
the same time last year, that en-
| ployment had increased and wages
were up about % per cent.
The United States Rubber Com
pany Inc. has been operating at
100 per cent capacity since last
May, according to G. E. Stoutenburg,
factory manager. He added that the
number of employees has been in
creased from 900 to 1000 and wages
are up about Is per cent.
Auto Parts Plant Booms
Within the last thirty days, pro-
duction of the Metal Auto Parts
Company has been stepped up 100
per cent, according to E. E. Weddle,
secretary-treaSurer. He said employ
ment has been doubled during this
period.
Sales of E. G. Atkins & Co., saw
manufacturers, have increased from
so to go per cent over last summer,
it was announced by F. c. Gardner,
secretary treasurer.
Our employe force has been in
creased by one-third and earnings
of the individual employe materially
have been increased"
Bleaching Business Better
w. H. Reynolds, Office manager of
the indianapolis Bleaching Com
pany, reported business is Is per
cent better than last year. The
company is employing bwo shifts,
each of which works thirty-six
hours a week."
Improved conditions were reflect
ed in report of F. N. Reynolds, Big
Four railroad general superinten-
dent, that so far this year the road
has been hauling 1000 more car
loads a day than year ago"
The increase, he added is from
$500 a day last year to $500 day
this year. He reported that the road
has increased heavily its force of
employees.
During convention this week of
Indianapolis statesmen of the Todd
Company, Rochester, N. Y, manu-
facturers of bankers supplies, E. S.
Smithson, sales training director,
announced increase of 81 per cent
in its middlewest territory sales dur
ing the first ten weeks Of this year.
Our business is considered an
excellent barometer of business con-
ditionS in general throughout the
United States" he said.
"Sales showed an increase of %
per cent for the last nine months of
1888, compared with the same pc
Rod in 1882.