Indianapolis Times, Volume 46, Number 186, Indianapolis, Marion County, 14 December 1934 — Page 27

DEC. 14, 1934.

CHAIN STORES OBSERVE LAW, ' BOARD HOLDS Not Monopolistic, Trade Commission Says After 6-Year Probe. Bp United Press * WASHINGTON. Dec. 14—Chain ► stores, although enjoying a strong competitive advantage over independent* because of lower operating costs, are not violating Federal antlt trust laws, the Federal Trade Com- * mission informed the Senate today after a six-year investigation. . The commission, in another report within a few days, Is expected, however, to recommend new legisla- ’ tion to meet the chain store situation. probably through amendments . to the Clayton and Sherman AntiTrust Laws and the Federal Trade Commission act. “As far as agreements, conspiracies or combinations in restraint of trade among chain stores themselves are concerned,” the report said, “the Inquiry has failed to disclose any such practices.” , Corrective laws Urged A similar situation, in the commission's opinion, exists among cooperative chain store groups, which havp resulted from competition with independents by regular chain sys- * terns. Court decisions, the report pointed •out, have narrowed anti-monopoly provisions of the Sherman Law down to mean only actual monopoly instead o l potential power to monopolize. “The situation.” the report continued, “may call for reconsideration by' Congress of the public policy involved in the monopoly section of the Sherman Law.” Amenable Factors Listed Factors In the low-selling prices by chain stores, which the commission said were ■ amenable” to government regulation. Include: 1— Use of loss leader sales below actual cost. 2 Discounts on large quantity purchases and discounts on newspaper advertising. • Extraordinary measures, the commission added, would be required to regulate: 1. Less service provided by chains to customers than by independents. 2. Indicated lower w’ages paid by some chains in certain localities. 3. The question of chain store purchases of especially manufactured brand merchandise compared Nyith standard brands. 4. The “very important advantage” of chain systems to average profit results from all localities, thus offsetting losses in others. Chains Gaining Faster In 1929, the report showed, there were i.543.158 retail stores in the nation with total sales of $49,114.653.269. Os these, there were 7061 chain store systems operating 159,638 stores with total sales of $10,740,385.208. Although chain stores operated around 10 per cent of the total number of stores they obtained 20 cents of every dollar spent by customers in retail stores. Competition, the commission said, among chain stores themselves and with independents precludes possibilities of monouolistic practices. The report showed chain stores are ' increasing faster than independents. It said new openings of both types were about the same, but the closing rate of independents nearly qnaled the opening, while only one •chain store closed for every four •that opened.

NRA WAGE PROVISION VIOLATOR FINED SISOO Battery Manufacturer Defaults Bail. Held in Custody. BpV nited Press HARRISBURG. Pa.. Dec.l4 Fred C. Perkins, appelant from a U. S. District Court judgment for NRA code violations, was held In custody today in default of S2OOO bail. Mr. Perkins, an electric battery manufacturer, was fined SISOO hi Federal Court yesterday for 10 violations of wage provisions of the Recovery Act. Penalty was imposed by Judge Albert L. Watson following Perkins' withdrawal of a motion for anew trial. Mr. Perkins asked review of his case by the United States Circuit Court of Appeals. Constitutionality of the Recovery Act will be the issue. PERUVIAN POET SLAIN Jose Chocano Attacked. Killed In Chilean Street Car. 3p Cnited Press SANTIAGO. Chile. Dec. 14—The stormy career of Jose Santos Chocano, 59. “trumpeter poet” of Peru and perhaps the best known literary figure in Latin America, was ended last night when he was stabbed to death with a pocket knife in a street t car as it passed through the fashion- ‘ able foreign residential section of t the Avenila Pedro de Valdivia. Martin Bruce, 49. a Chilean, was the 1 assassin. • Chest Colds • Don't let them set a strangle hold . Fight them quickly. Creomulsion com- , bines 7 helps In one Powerful, but harmless. Pleasant to take/ .No narcotlcs. Tour own druggist is authorised to refund your money on the spot • if your cough or cold is not relieced by Oreomtiision. —Advertisement.

Lowest Prices Now Prevailing On Furniture. Ruys and Draperies SANDER & RECKER Furniture Cos. Meridian at Maryland

INSURANCE SPECIALIST DISCUSSES PLANNING New York F.xpert Describe* Family Financial Benefits. The part life Insurance can play in the setting up of reserves in family financial planning was discussed | here last night by MKs Mary Sue Wigley, New York City, at the American Central Life Insurance Auditorium, N. Meridian-st and W. Fall Creek-blvd. Miss Wigley is a representative of the American family department. National Association of Life Underwriters.

bn Boxed KERCHIEFS FREE! If !j Men’s Dress SOt;KS F | mm I I I /‘IN plaited and fttf ft ! pm In an attractive GIFTS .TO KIDDIES heathers. Solid colors and M *Soned*foloS !nTde r - d ief^m e 'Grtlr £ i js>c l)% style. Dark shades. As- U ■nnnnTrn 1J ft nn IAIV Lined caposkins and pig- KK/. ¥£ sorted trims - AU sizes J/ v SANYA |g|||igr '^^3Br'' ono assorted |||| Q P ASSORT tU HARD MIA r ; rey Ladies’ HAND BAGS EA jjj mas i - b - SILIE SCARFS y PURES “- KU^ S .jA DOLLS! DESOfO Wagons \ M|x £ SHrSEj mm Daffodil Wash Frocks "fr ■IH' I Flannel Bathrobes Ug| print-. t \2/ I l/TOJIS Good, warm l flannel SPECIAL! CAB *trdbaT~l lined body. Rubber! Full-Fashioned “ res - § H ‘ wrais £/? vnitton “„°d' d| g%g%A flaGS® ja mmm J|j[ 01 f0 n V UUSIOrjr strU.y* ■'* * UHh Pip # C g main R- B■C AIH 414* ar I Hreß-AO irsßlli MM <ll* E A MVLl T J 4 1 11 L/’E AI E pO O KrArllfcrtlilJft IALI a A nkkwear It- end W„I H Hi BOYS’ HI-CUTS ! Footwear 1 gnn Is w SM\ =4|A RY nr . I|3l A USEFUL GIFT | | I I ZJ s-| 951*| SSK 197 c i|gp W='“ IJ C ! o<y ?X each | Patents, Blacks dj CHILDREN’S ALL RUBBER ||ITiTHTTni children’s Rubbers ■ZJ | ■ j/NBK s and Tans, i GaloshesMT#ft 1 I BOXED GIFT SETS * m-- B g sizes . 0 2 . I “'"SIQI I BOXED GIFT SETS B Purse-Garter and Ker- —and ends AUC R I sizes® liUed ‘ A “ B H Tie, garter and kerchief 4% Hill chief Sets Jacks, Ball, Broken sizes. BIG BOYS’ u, if ( sets. Marbles, pencil and W- InN Garters and Kerchief sets C Sizes ZV 2 to 6 U fli i? CDCOIAI tie sets and many others ddv ® f nd many others to select * M'ItUIAL POIICG 3llO€S selcct from - m X-. MAM t e t 49c LADIES’ JULIETTE —— 1 ' 1 11 QA Travel cZZZZ Children’s Ti and h.-lo house | v Reg. Boy S’ DreSS* SHIRTS Travel Crepe Frocks House Q\ IPPHK SLIPPERS g i liHßfc. I H fferent y wLlrrC,llD 59c Value l eat ! ier i WmPL * Sizes Bto 14. Special. I|7 GIRLS’ SWEATERS c&. . |0 Boys’Warm Knickers Mg A r , u , srift! Assorted Jh I * lted - °°°u- SSSTffi fiSfS OOc W 8! colors 6 tn ■ — ll ——, Many styles 8011(1 leather CkoonlinoH B B ] Chinchilla COATS 1 Greys and browns | 1 "Wtt Siaes Bto Sheepliiied COATS H B I _ . irnm mSBmW * *1 in sizes 6to 11. Blue | n> Wombat collar. Knitted 1 Dark blue chinchilla. from - 1 Grey $ aout OOOftU wristlets. Corduroy sac- cTP AO BHgjfl Fully lined, with beret ft ft —^ ===== —~——" 1 1 "■ 1 1 " ' ' ing. Sizes 4to 18. * JB* I m,lch Sizgs 210 6 * * Special Selling! Men’s gmm**m* g Women’s and Misses’ Luxurious ITj weave Dress Pawtsl % For Trimmed a tady* * ES M SH£”‘=79 AQ7 u.t L jr,.l HAT r„rr Girls’ Beacon Robes jW** * IH If M Zipper Sweaters |J Assorted patterns and _ . | o/® S " -Mum .-L WStH Flannel and part wool. colors. Sizes 6*o 12 % HB§ W*f[ wJAw Vftft ▼* **• Assorted colors. Sizes B I . . 35 ....... .in.. 97 i .......

JURIST TO TALK AT T MEETING Speaker to Discuss Youth and Crime as Seen From the Judge’s Bench. Judge Fred G. Bale, Columbus, 0., jurist and widely known orator, will ' sjJeak at the Young Men’s Christian I Assn. Big Meeting Sunday after-

THE INDIANAPOLIS TIMES

noon in the A. F. Keith Theater. His subject will be “The Fiddler and the Fire.” y Judge Bale is expected to present intimate view’s of youth and crime today as seen from the judge’s bench. The speaker will also review his experiences with young people's groups in schools, colleges and churches in the Middle West. The program also includes a 30minute concert by the Indianapolis Newsboys’ Band and “Accordion Bob” Rothman, who will play Christmas numbers. Sunday’s program will complete the first half of the 1934-1935 Big Meeting series, which are to be resumed Jan. 6.

GIRL STUDENTS ART DISPLAYED AT TECH Commercial Drawing Class of School Sponsors Showing. Work of Marion Wbrtman. Technical High School post-graduate, is now being displayed in the first of a series of one-man shows being sponsored by the Commercial Art Class of the high school Graphic Arts Department. The exhibition is in Room 10, main building, and will be on display until Dec. 21 every day. It includes selections of all work done under direction of Mrs. Roberta

Warren Stewart. Miss Frieda Lillis and Frederick M. Polley, department director, ail art teachers at the school. Miss Wortman began to develop her artistic talent when a freshman and since then she has majored in commercial art for six semesters. Ice Wagon Driver Hurt Horace Mitchell, 71, Negro, 1426 Mill-st, was sent to City Hospital today suffering from chest, side and head injuries received when his ice wagon was struck in the rear at 19th-st and Northwestem-av by a car driven by Charles McMurrey, 29, Negro, 821 Roache-st.

MANUAL GLEE CLUB WILL GIVE PROGRAM Twelve Girls to Appear Before Church. School Audiences. Twelve girls, all members of the Girls' Glee Club of Manual Training High School, selected by the Glee Club director. Miss Isabelle Mossman, were to sing before an audience at School 8 this afternoon. The girls are Geraldine Gilliatt. Audria Hildebrandt. Louise Johnson, Pauline Kottkamp. Rose Rssnick. Mary W’hitaker. Fema Albean. Lois Ball, Mary Helen Brown, Beatrice

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I Budnick. Sophia Camhi and Virginia Cross. Three boys—William Tedrow. Maurice Wickltff and Harry | Walker—will also sing. The entire group will sing at the ! Edwin Ray Church, comer WoodI lawn-av and Laurel-st. Sunday night. Gkfa>e€HStcfte*f% | Freshens the mouth j J ..Soothes the throat B T i [ll*ll B'l ll*] J 11 ' -Hi'' m "™*