The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-14
SHARP UPTURN
DISCLOSED IN
BUSINESS HERE
Conditions Are Generally
Better, City Leaders
Say in Survey.
CONTINUED From Page One)

] GAYS VI AAAAO AAAOAANAA NAAOAA 49, N@@
November last year. October's bust
ness was So per cent greater thai
that of October, 1888.
John j. Madden Manufacturer
Corporation John j. Madden, pres
ident)-Our employees are working
more steadily. Where We formerl,
operated thirty to thirty-flve hour
a week, We now are operating thirty
five to thirty EIGHT. There's NOR
cheerful tone since the election and
although we are on the tail end o
our season, the downside Of tina
season has been holding we'll up.
Prest O. Lite Storage Batter,
Company-Our business is runninl
IS per cent over last year, both il
profit and volume and we are EN-
ploying 100 more men than at thu
same time last year. Business L
increased in all parts of the coun
try, particularly in outlying com
munities, where the federal govern
ment is spending funds for recov'
cry. Our export business has in.
creased most.
Ayres Sales Stimulated
L. S. Ayres & Co. Theodore B
Griffith, -presiden0-The ad.
vent Of seaSonable colder weather
has had an immediate effect on re-
tail trade, causing interesting in
creases all through our store. The
fall season to date shows interesting
strength, which gives us cause fol-
controlled optimism.
Indiana Manufacturers ASsocia.
ton Oh. M. Cochran, executive Sec
retary)-All data we have received
recently indicates that, in Indiana
as all over the country, industry has
been on the down path ever since
June and that things will continue
to get worse for some time-at
least until next summer. CMr. Coch-
ran laid this emphatically to gov
eminent competition with smaller
industries" and to wild theories
which, he said, were "held in Wash
ington.O
Spickelmier Fuel and Supply Com
pany( Carl Spickelmier, general man.
ager)-I haven't noticed any change
good or bad, since the election or
during the last year. My business
has been like everybody else's-
which means it has been good and
bad.
Strikes PesSimiStic Note
Fairbanks Morse Company Henry
Henderson, scales service divisiom
Our business has been better this
year than at any time since 1927
Since the election, however, we have
received a cancellation for one large
order and evidence that a great
many people, about to go into bust
ness and buy scales, are now hest
tant. They seem to fear that, if
they go into business, the govern
ment will step in and try to tell
them what to do with their money.
Haag Drug Company *. T.
Brock, preSident)-Our fiscal year
ends in May, and from the time
our books closed until October, our
business showed 26 per cent in
crease over the six preceding
months. Our store managers report
a more cheerful buying public. The
two weeks just proceeding election
and tax-paying time were very slow,
but this happens annually, primarily
because of the tax drain on the
pocket book. There already is a
revival.
Langsenkamp Wheeler Brass
Works (Henry j. Langsenkamp Jr.,
secretary)-Most of our work is done
for other manufacturers, with the
result that any business trend we
feel is not very direct. 1 can say
that we noticed a slump which be-
gan about Sept. l and lasted until
about a week prior to the election,
when business began to increase.
Confidence Revival Seen
General Outdoor Advertising, Inc.
(Howard S. Musselman, branch
manager)-For about three weeks
before election, things were pretty
tough. Business firms would not
commit themselves and it is, per-
haps, little early to say that there
has been any noticeable increase
since. We do know, however, that
there seems to be more confidence
than there was before election and
we have closed some nice contracts
in the last week. The volume of our
business for the year is conSldera-
bly higher than that of last year
Ours, of course, is not a day to day
business.
w. j. Holiday & Co. &C. H. Brad
lev. President)-There has been no
Improvement in our line as yet (The
company manufactures hardware0
Eli Lilly & Co. nicholas H. Noyes
Secretary-treasurer) - Business Is
better in general. Business houses
are replenishing stocks which they
allowed to run down in 1882 anc
1888. They are cautious, and right
fully so, because of increased taxes
and a lack of balanced budgets
Business would show real improve
ment if conditions in Washington
were Strengthened out.
Rentals Show Improvement
Kingan & Cot is difficult tt
make a comparison with conditions
year ago because of many change;
which have taken place in the last
year. Supplies of livestock are going
to be much smaller this year, be-
cause Of government purchasing anr
the drought, and, consequently
prices will be much higher for both
livestock and products.
Swift & Co.-There has been q
natural increase in our business, due
to weather conditions. 1t is an in.
crease we could expect. Generally
the business tone is a little better
than it was.
Emerson w. Chaille and Company
Business in almost all of our de-
partments shows an improvement
"