Indianapolis Times, Indianapolis, Marion County, 6 May 1937 — Page 8

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PAGE 8

THURSDAY: } MAY 6 1087,

BUSINESS NEAR LEVEL OF 199, BANKERS TOLD

Dishonest Employers May Nuliify Gains, Arthur Babson Warns.

(Continued from Page One)

~ ments and better approaches to old _ ‘Problems will the United States as _ .& nation maintain any pronounced | : ‘degree of progress, he concluded.

Van Antwerp to Get Post Mr. Van Antwerp, 39-year-old

RETURN OF COMET SIGHTED AT HARVARD

{ among the comets of 1937, was re- |

discovered Friday morning by L. E. Cunningham of Harvard College Observatory. i Too faint to be seen without “tie aid of a large telescope, it is located approximately halfway between the | bright stars Betelgeuse in the con-

stellation of Orion and Procyon in

Canis Minor. Astronomers had predicted its return and computed ac=

curately where the comet would be |

discovered. It is not expected to be-

come visible to the unaided eye and |

it has no o tail, 4

HOUSE WAGON HOME . FOR TOWN OFFICIAL

WALTON, “Ind, 1 May 6.—When Ross Umbarger, town marshal, and his wife were forced to evacuate their home, destroyed by fire, they faced the issue of nonexistent rentable houses by establishing residetice in a house wagon on friends’ property.

First Bank and Trust Co. president, | a

_ ‘South Bend, was scheduled to suc- | ‘teed C. B. Enlow, Evansville, this afternoon as head $f the Indiana ~ Association. He served last year as ‘vice president. ‘He started his banking career as a messenger boy in 1917 in Dowagiac, Mich.. is active in , South Bend civic and business af- . fairs, 4s married and has one child. Robert Batton, Indiana Financial Institutions Commission chairman, reviewed legislation = pertaining to

- banking passed by the gecent Legis- |

lature in another morning address.

+ He explained operation of the De-||§

pository act, which sets up a fund | ~ for the insurance of public deposits. |

Competition by New Deal lending | 3 agencies and finance companies are | i Et

the two major problems of Indiana |

bankers; Robert H. Meyers. Muncie, £ said. in a research committee re- | | 8 port this morning. | ;

Herman B. Wells.. Indiana Uni- |

versity School of Business Adminis- | 3

tration dean and honorary chairman of the bankers’ research com- | mittee, also spoke. | | |

Rural Competition Charged

“The New Deal in competing with! |§

Indiana .banks in rural banking |

fields because the Federal Farm Ad- | |# ministration is making loans to!|@

farmers from money loaned to thei

Administration by the banks,” Mr. | |§

: Myers told the bankers.

“In the fast-changing financial! picture, ! companies is usurping functions formerly looked on as exclusive to | the banking field,” he said. “Fatalities” among banks in! In- | diana over the 20-year period totaled |

‘nearly 50 per cent. The number of || 8

banks operating in the state in’ 1916 | was more than. 1000, showed in 1936, the number had | dropped to 542, Mr. Myers reported. | “In the same pericd, however, the | average resources per bank |in- r creased from $572,000 to $1.592,000,” he said. From this development, it]

will be seen that the ability of the ||| average bank to serve its clinetele, | |8

as measured by its resources, prob- |

ably has kept pace with the in- || creased size to which manufactur- || ing and merchandising establish- |B

ments have grown,” Mr. Myers said.

STORE FRONTS SHOWN

An exhibit of new Gosigis in store | front styles and construction is to be on display May 10 and 11 in the

Claypool Hotel. Twelve scale models | >

are to feature the exhibit, sponsored | by the Pittsburg Plate Glass Co.

competition from finance! %

the survey ||}

FRIDAY ONLY IN OUR

QUITTING BUSINESS SALE

A Gift for Mothers!

Sizes

A Wonderful: Value!

Women’s Regular $2.95

Arch-Support FOOTWEAR

In White, Black or Brown.

9000 Pieced

\YONU

of r Womel 8

NDIES

Women’s Summer Regular $1.00 ‘voiles, dotted swiss, organdie, etc. All good C styles. Sizes 34 to 40. : EETTER Plain and lace : trimmed in tearose and flesh. Sizes 34 C to 44. Special

Values — In Women’s Rayon Friday.

Spring Styles in yomen's Gl Women's Gloves Knitted and monize wi th your spring

Fabric Gloves, in all pastel outfit, 69c val ues. All sizes.

shades to har-

Wom. Cotton Knit

SWEATERS

Coat style and

slipons, assorted colors, regular 49c¢ value. All sizes.

* S

36-Pe. Stemware Set 1 Veacately Cut, Imnerial-Pattery 2 Foote 12; Footed Goblets Cocktail or Toma12 [Footed Sherbets to Juice Glasses

13-Pc. Tablecloth Set . th of Filet Lace—a copy O Be imported italian pattern. Napkins dged to ma ALE hn Filet Cloth. 12 Pure Linen Napkins, 14x14” 7-Pc. Console Set | 11 haped etche Fine TOUR Be es Candles are

t 2 Ponble Candle1 Large Center stic * Bowl 4 arr Wax Candles

~ ONLY $1.00 DOWN

29 on the oo

Here's the Gift for “MOTHER” on “Mother's Day”

ECIAL FRIDAY and SATURDAY x

EAE

—Ilsn't It Beautiful? And Everything Just as You See It Pictured!

Complete Service For 12 People Regular $45 Value

206 Pieces ot jmperials -Design Dinnerware at the Greatest Savings you will ih see on such a magnificent Dinner Set. Here is one’ Sale of matched-quality in every detail that will give you a complete modern table setting for 12 people at an almost unheard of price! We know this Set will give vou many years of long and useful service. .

100-Pc. Dinner Set

Embossed Edges, Colorful Floral attern Dinner Plates 2 Platters Soup Plates 2 Pc. Covered Dessert Plates Sugar Sa Cream Pitcher Sra plates 1 Gravy w 2 Cups 1 Utility Bowl 2 Pe. Covered Vegetable 1 Sven Vegetable

12 12 12 12 L 1 12 Saucers |- 12 Bread and Butters ( 6 Cereal Dishes Bowl 50-Pc. Silver Set Silverplated, Imperial-Pattern 12 Stainless Steel 12 Tablespoons Knives 1 Sugar Shell

12 Forks 12 Teaspoons 1 Butter Knife

Balance in Small Weekly or

2 Doors From Power

Monthly Amounts.

and Light Co.

RITES Sr

5 So TS 2S i ERRRRRSREE.

pi —— Pasa

4 ”

GCOOD USED FURNITURE Room Suites x Home Outfits » Odd Pieces Every Piece Reconditioned and Guaranteed

ah saLESMAN

Occasional Chair

GIVEN <- USED LIVING ROOM SUITE

Suites as $ 2 9 1 neluding

Low as the Chair See Any Salesman for This Value.

See Mr. Lyons for These Values

4 Poster Beds $e 95 Value, Choice

Breakfast set

+9 Uiny Cabinet, now only____$2

See Mr. Rockstroth for these values

28 >" 1

® 0dd Kitchen Chair ® Florence Oil Range

BEAUTIFUL 63-Pc. SET of Silverplated WARE

8-Pc. DINING [¥% ROOM SUITES i AS LOW AS :

Including Silverplated Ware.

See Mr. Buchanan for These Values

$6.95 Coil Bed

HY ONE TO A CUSTOMER | ® Bedroom Benches, choice____$2 ® Vanity, solid maple_.

See Mr. Horton for These Values

"Coleman Gasoling Range. 538 ® Gas Range, Table Top $24 ® Oil Stove, New Wicks

GIVEN With Every DINING SUITE

Exactly as Pictured

“Linoleum Remnants; op yd.__ldc ® Wainut Dining Table ® 0dd China Cabinet

THIS $14. 95 CEDAR CHEST

Etty as Pictured

iece WALNUT FINISHED BEDROOM SUITE

Suites as Low as

532

Including Cedar Chest

See Mr. Davis for These Values Lounge Chairs

® Occasional Rocker, : $3 ; ® Fibre Suite, reconditioned___$19

See Mr. Wilson for These Values Studio Couch}

and Pillows gli ill ® Set Dining Chairs ® 84 Occasional Table ® Desk, Walnut Finish

See Mr. Hartly for These Values 9x12 RUGS ’

- Choice

® Throw Rugs, choice ® New Cotton Mattress ® Card Table, now only

See Mr. Sachs for These Values

Used Electric Ret gerator

9 * Philco Radio, only ® Dresser, Refinished, now _____$8

See Mr. Jones for These Values

MASTER

ROOM DUTH

Your Credit Buy Now

And Save

USED GLIDERS

. FULL ‘LENGTH _

Used Elostric ® Yard Steel Spring Chair ® Hoover Electric Sweeper___-$9

Terms Anyone Can Afford

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TEED

335 E. Washington St., % Block East of Courthouse Rlley 3308