Indianapolis Times, Indianapolis, Marion County, 2 April 1943 — Page 26
Current Importance of Agriculture May Be Only a Temporary Revival
3
——By ROGER BUDROW
- ALTHOUGH FOOD PRODUCTION IS BIG NEWS at| ent, the long-term view of agriculture’s importance in ; nation’s economic set-up is not too rosy. Manufacturing id the service industries have grown by leaps and bounds the past four: decades but farm production has trailed with the increase in population. z In a recent study by the National Bureau of Economic Research, the decline in the relative importance of agriculture was attributed more to technical progress, cessation of population growth and the inelasticity of the demand for toodstuffs than to high transporttaion costs, higher interest _iates and the monopolistic position of certain buyers of farm
IN BRIEF —
Manpower utilization bureaus to correct labor hoarding and ineficient use of labor wili be cperating in virtually every industrial center by mid-summer, said War Man-
111%
“roducts.
How can the decline be checked? ‘ell, there is the possibility that the ation might develop more exfood. That would create more farm jobs but would result in a switch from one type of farming to another, Another possibility would be the indusfrial use of farm products or chemurgy. Many believe this prospect holds great promise but it is a
‘nsive tastes in
more or less
. The third major possibility would ‘be a great revival of foreign trade, taking for granted a reduction in “tariff barriers. But when you consider the great food-producing areas elsewhere in the world, the prospects for export do not appear very large.
for manpower needs is the drift
back to the farm, in order to get | consolidated Edison Co. last year.|tainment and business gratuities—
draft deferment. Kansas war - plants report a small but increas- . ing number of employees leaving for farm jobs. ® KAISER TALK: After the war ~ he will manufacture automobiles ~~ and helicopters. Fleetwings, Inc. - which he recently took over, would be the helicopter plant. Also there . is talk Kaiser has a design for a $400, rear engine, aluminum auto for post-war. His recent Detroit visit started the auto talk, i Meanwhile, Kaiser’s Oregon ship- ~~ yard has won so many stars on its ~~ “M” pennant that it is getting a gold eagle from the maritime commission, first awarded in the nation. : 2 2 t 4 THUS FAR 18 Indiana oompanies have had “manning tables” approved by the war manpower commission and ‘replacement schedules” o. k.’d by state selective service. The former is a guide to future manpower needs; the Jatter shows draft boards how soon employees can be released. Note: Many of the manning tables are drawn up on blue print paper because no forms are fur- ‘. nished by the government and because blue prints are familiar to Plans executives, easy to work: th.
* ODDS AND ENDS: Boom in the travel business pushed Parmelee’s profits last year to a 13-year high. ‘« . . Pork.production reached an all-time high in March and 25 per . cent over a year ago, according to the American Meat institute (rep- ~ resenting major packers). . . . If the WMC's 48-hour week endangers a war contractor’s “fair profits” he may ask for higher contract prices,
the army and navy have decided.|”
« « « Lieut. Gen. William 8. Knudsen believes we can produce 90,000 “planes this year. . . . WPB says almost as many radio tubes for civilian use are being made now as in peacetime but most shortages are due to maldistribution. \
SYNTHETIC RUBBER ON SCHEDULE BY "44
~~ WASHINGTON, April 2 (U. P.. —Rubber Director William M. Jeffers said yesterday the synthetic ~ rubber program will be on schedule by the end of the year and will pro-
duce enough tires to keep the na- a
’s automobiles in service:
d He testified before a senate agri- | Amour
ture subcommittee studying the
cultivatioh of guayule plants for|gd
natural rubber production. Jeffers said guayule apparently interfered with food production in California. The guayule program
been stopped, he said, because &
‘the food crisis is such that “the
rubber situation cannot justify tak-|Z®
ing of food crop land out of production for use as guayule farms.”
“w1t's all right to go on with guay- | Ei ule if we get enough food, but the Goos ion
bber situation is in good shape
does not justify, taking away|%h
land to plant guayule,” he said.
Jeffers exhibited the first all-syn- | oo
thetic heavy duty tire made entire-
ly of butadiene derived from grain|Eresse
alcohol.: It was a 600-16 six-ply heavy duty tire of a type which he ‘said will go on U. 8. army jeeps.
He said the synthetic program |N:
was a little behind schedule . but
predicted that “unless there is fur- | Packard we will be up by the end Penn RR
ther delay the year.
: : bulla. AILY PRICE INDEX Reo's
iled for United Press (1930-32
age equals 100):
BYaay
k ago
———————————————— SUCCEEDS MORGAN NEW
elected 2
Gee 0000 BRRRRRRRNS 172.32 Suits 1040 ws “ese 00 QR RONDO NAS 171.95 Timken onthh 880 csceccesscscecee 171.80 vu ¢ 3 ago see vs es stOesBesS Holliday High (April 1) .......... 17232 Low (Jan. 2) sesso ness 166.61 Yi
YORK, April 2 (U. P)— thar M. Anderson, vie FRaEE J.P. M & oy by J director of United Steel Corp. and a member of
HOUSE PROBES
Naval Officer Admits War Firm Paid Him, Rides $126,000 in 42.
WASHINGTON, April 2 (U. PJ). —A naval lieutenant, junior grade, who formerly headed a firm of manufacturers’ agent here, told the
house naval affairs committee yesterday that he and his two partners made an arrangement last year to be paid $126,000 in salaries and expenses by the Monroe Automotive Ecuipmen} Co., Monroe, Mich., for their services in securing war contracts, Th officer, Lieut. Luther M. Bolton, testified at a hearing on legislation to bring war brokers under
the renegotiation clause. The bill is designed to curb alleged profiteering by manufacturers’ agents on army and navy contracts.
power Chief Payl V. McNutt. ® » =
high this week but volume was sharply below the corresponding week of 1942 which saw the climax of Easter buying, Dun & Bradsfreet reported. » 8 2 Resources of New York's Guaranty Trust Co. crossed the $3 billion mark for the first time in its history in the first quarter of this year. » » » The new aluminum plant at Massena, N. Y., and other industrial customers more than offset the decline in electricity sales of New York's
Dimouts cost the company a $6,900,000 revenue loss. ”
Hog prices at the Chicago stock-
est price paid since 1920, when the top was $18.25. The $16.10 opening price was 10 cents above the previous season’s top paid yesterday and March 8. . 8 » # The department of commerce today estimated first quarter domestic steel production at 21,900,000 net tons and predicted that production for 1943 will reach a record total of 92,000,000 tons, a 7 per cent rise over 1942. 8 8 2 The Westinghouse Electric & Manufacturing Co. and the U. S. navy are co-operating in the vital task of keeping warships in service. Under a joint plan, the company has organized a corps of civilian “trouble shooters” whose task is to get new ships into service and restore older ships to operation as speedily as possible, » ” ” Formation of the Philco International Corp., to handle foreign sales, was announced yesterday by Larry E. Gubb, president ” » 8
Engineers and executives of 100 ‘machine tool firms, who will attend the eighth annual Machine Tool Electrification forum-at Pittsburgh April 6 and 7, will discuss new advances in harnessing electronics and the latest electrical devices to the machine tools used to make equipment for the armed forces. #88 - Hundreds of unused, wrecked and wornout automobiles and trucks in Indiana face an immediate transformation into implements of war as the result of a law enacted by the last legislature, according to P. D. Dimmitt, Indianapolis district WPB salvage chief. : } '
N. Y. Stocks
Last Ch e
1% — % 159 3 Ye 34 % 80% — 1% 175% .. /a 9% 13% Ya 142% % 52% % 5% Ye 29% Ya 4% Ys
h we 1%
Allegh C fed. Chem ...159
Allied Chem Allis-Chal Am Can Am Can pf . Am Rad & 8 8 Am Roll Mill
Ya %
FEELI+LLL:
55 23% 8% 15 T4Y 26 32Y, 11%
| re
Bo! - Borg-Warner .. 322 Bdgpt Brass .. Chrysler
FULIFLLIET+ LL:
CERess meses sReer § ser SEesE ses
EERRNETE
1+
FLED: +:
Sterl Drug 64 Siudebakel RL
I++ HL]
17 Bn B® Complete New York stock quotations are car- | ried daily in the final edi-
LI]: x La HRFEES
Retail trade was exceptionally
yards climbed to $16.10, the high-|¥3%"
‘|wheat was off 3% cent a bushel; corn
%| Incorporations
"3 To ale to make and sell stokers, Boils
Bolton, who entered the navy last November, told the committee that after widely publicized house hearings on war profiteering last year his principal client, the Monroe firm, agreed to put him and his partners on a salary basis. It was agreed, he said, that the salaries were to equal the amount they had been receiving in commissions. Under this arrangements, Bolton said, he was to receive $6000 a nonth, his two partners were to get ,1800 and $1200 a month, respectively, and an additional $1500 a month was granted for expenses. He said he had arranged before entering the navy that his share of the firm's proceeds was to be paid to his father. : Ee told the committee that his net personal income in 1942 after taxes was $24,345. He said his gross income from all sources was $112,371. Of the gross income, he said, $7480 was spent for “enter-
things like smoked turkeys at Cristmas to purchasing agents and their families.” He said the annual cost of the turkeys amounted to about
Chocolates to Lady
“That’s only a drop in the bucket,” commented Robert E. Kline Jr, general counsel of the commitiee. Bolton emphasized that he had not—“never in my life”—made gifts to army or navy officers. He said his only gift to a government employee had been a box of chocolates to “one lady in one of the departments ‘who had been unusually nice in giving the company information.” J. A. Mount, of Washington, told the committee that his conscience had caused him to relinquish at least $20,000 worth of business last year. Case of Conscience
Under questioning by Chairman Carl Vinson (D. Ga.), Mount said he received only $75,779 in commissions in 1942 because he had given up two clients. In 1941 he received approximately $95,000, which he said, was “too much.” In previous years, Mount said, he never earned more than $3000 net.
worried,” Vinson said.
was all right to jump from $3000 to $75,000, but when it got as high as $95,000 that was a little too much. Is that right?” “y think you might put it that way,” Mount replied. He added that if he had retained the two clients, he might have profited several hundred thousand dollars.
GRAIN PRICES DROP ON BOARD OF TRADE
CHICAGO, April 2 (U. P.).—Grain futures declined on the board of trade today, influenced by a belief that the president will veto the
Bankhead bill. At the end of the first hour,
unchanged at OPA levels; oats off 12 and rye off 5% to 1 cent. oo The possibility of parity ceiling legislation being vetoed weakened the wheat market from the opening. Trade held to small volume, and some milling demand appeared on the dip.
Harrison Realty Corp, Vincennes, stock to 3000 shares of $100 par value. Hosdreg Airport, Inc, R. R. 2, Huntington; agent, Robert Feigel, 515 Iva st., Huntington; 1000 shares no par value; Robert Feigel, Max Myers, James Meekin. Stokol Indianapolis, Inc., 946 N. Davidson st., Indianapolis; agent, Clayton Q. Mogg, Brendenwood; 40 shares of $100
ers, furnaces, oil burners, etc.; , BE. J. Olinger, Fred W.
y g. Centlivre Brew. Corp., amendment of articles of incorporation. Bursley .» Inc., Pt. Wayne, registration of trademark, “‘Burco,” Class 45; foods and ents of foods. Glendora Cosl- Co., ticles accept
p ing provisions of Corporation Act of 1929--3000 shares of $100 par. val
ue. . un Building Corp., Indianapolis, dislution. Martin & Robison, Inc., Ft. Wayne, dis-
solution. Chicago South Shore and South Bend , Michigan City, amendment of
Railroa articles of incorporation. McLaughlin Manufacturing Co., Indianapolis, amendment changing suthorized capital stock to 5000 shares common of $50 par value, The William J. Burns International Detective Agency, Inc, New York corporation, withdrawal. Cameron Plastics, Inc., 95 Industrial rd., Hammond; agent, Edgar PF. Seifert, same address; 1000 shares preferred of $100 par value and 15,000 shares common No par value; general manufacturing and merchandising; Edgar F. fert, Rae M. Royce, A. H. Highland. o West Point Mfg. Co., West Point, Als.; registration of trade mark ‘Martex,” clasy 41; knitted, netted and textile fabCs. The Dexter Co., Iowa corporation; ghange of agent to Jacob S. White, 1511 Merchants Bank bldg., polis. Mahan, McCarty Besse, Inc., Oklahofma corporation; change of nt to Fre . Gause, 1342 Consolidat bldg.,
le
wl S. STATEMENT
ernment expenses and receipts for the current fiscal year through March 31, com. pared with a year ago: ” This Year T.ast Year Expenses ...$54,954,648,580 $20,249,967,607 Rese oi26 SSIS Hatters Tas ew y y > s 8 | Net Deficit... 40,232,063,009 11,111,700,128 3,492,594, 1 2,731,362,240 .68,109
CONTRACT FEES||
amendment increasing authorized capital|A
of 3 Terre Haute, ar-l; eral |
G. M. to Double
ri
800
-
700
0 war sooucrs
P74 CVILIAN ZA othe sroDUCTS
RN
TES
194)
has increased.
War Ouipu
This chart, taken from General Motor’s annual report, shows how the firm’s civilian production has declined and how its war production
1942 Profits Decline 22%:
t Near 2 Billion
NEW YORK, April 2 (U. P.).—Extension of the work week and the
addition of extra working shifts will enable &eneral Motors Corp. to
chairman, said today in his annual He disclosed that deliveries of
to $8,000,000 in the last quarter of 1942 and stated that the latter total could be raised this year to $11,000,000 through working the company’s plents more days per week on a multiple shift basis. Sloan also reported that General Motors’ 112 plants in the United States and Canada have completed their ‘ conversion to war work and are now engaged entirely in manufacturing military and essential civilian equipment. 3 Despite the huge business transacted, 1942 profits were down more than 22 per cent to a new low since 1938 because of governmental profit limitations and increased operating costs. Total sales in the “automobileless” year 1942—car output was halted at the end of January— amounted to $2,250,548,859, just under the 1941 record of $2,436,800,977. The 1942 volume, Sloan said, included deliveries of $1,898,194,445 of war materials, making a total of $2,382,050,459 shipped for military purposes since 1939. Prices Reduced He indicated that 1942 output in terms of goods actually increased over the 1941 peak, pointing out that substantial price reductions were granted to the government as a result of cost savings effected through new manufacturing techniques and increased production. Prices of government contracts,
x : he said, have been reduced volun“Your conscience Was getting | ¢arily by $361:888,825, of which You saw |4177980415 applied to deliveries Philco Corp. |you were getting too prosperous 80 made up to the end of 1942 and
you cut off a couple of clients, to $183,308410 to deliveries after ease your conscience. You felt it date.
that
Consolidated net income for 1942,
Sloan said, amounted to $163,651,-
Don't Take Wee Piggy From Mom
TAKING PIGS away from their mother before they are eight weeks old usually results in their being stunted, advises J. W. Schwab, Purdue university or sion hogman. For this reason, it is best not to wean spring pigs before they are eight to nine weeks old. Pigs, at the time th are weaned, should weigh from 30 to 40 pounds. - In order to obtain these weights, the pigs must be well fed from the time they are about two weeks old. The most practical method of feeding is a self-feeder suitable for young pigs. It should be placed in a creep, where the pigs can eat without being disturbed ’by the sows.
LOCAL ISSUES
Nominal quotations furnished by Indianapolis securities dealers. Bid Asked
44 Bobbs-Me com i Bobbs-Merrill 4%% pid Circle Theater com Comwlth Loan 5% pfd ...... Hook Drug Co com .......... mt Yayls 7% pid.
eee ese
Clayton Ind Brandt, J.| RC Hy ¥. Wayne, | Ind
*N Ind Pub Serv P EF. Mallory com .e Progress Laundry com Pub Serv of Ind 5% pfd...... 98 Pup Serv of 14 com ... . 14%
American Amarican Loan Ch of Com Citizens Ind Consol
5s 99 4%s 43-51 ... 99 ... Co 4%s 51... 78 82 $%s 61 .,....103 106 97 i09 108%
109 80 108% Pull Tel os at 101 Richmond Water Wks 8s 57... ea Term Corp 68 5% ........ 19 8% sigx-dividend. ‘
LOCAL PRODUCE
. and over, Leghorns,
,342,035{ 7,419,170 &
double its 1942 war output of almost $2,000,000,000 Alfred P. Sloan Jr.,
report to stockholders. war materials by the compeny in-
creased from an average of $2,000,000 daily, at the time of Pearl Harbor,
588 or $3.55. a share on the common stock against $201,652,508 or $4.44 a share in 1941. The 1942 net income, he added, would have been only $2.84 a share had it not been for two special income credits totaling $31,129,475. These credits included a reduction of $28,906,475 in 1941 income and excess profits taxes resulting from the write-off of foreign investments in enemy territories and a recovery in settlement of a stockholders’ action.
Taxes Decline
were after deduction of a $48,661,545 provision for refunds to the government in connection with the corporation’s over-all renegotiation of war contracts and a $13,234,537 provision to cover inventory adjustments, losses incurred in the sale of surplus raw materials to the government, and the cancellation of non-war commitments necessitated by the company’s discontinuance of commercial production last January. U. S. government and foreign income and excess profits taxes for 1942 totaled $124,500,520 against $287,992,343 in 1941, the decline reflecting lower profits realized on government orders. Net working capital at the 1942 year-end amounted to $652,326,139 against $500,023,010 at the end of 1941, while holdings of cash and government securities were reduced $136,565,626 to a total of $344,746,265. Sloan disclosed that a reserve totaling $40,584,959 had been set up for the post-war transition as of Dec. 31, 1942, of which $2389,6,315 was provided last year.
SEC STOCK ORDER UPHELD BY COURT
PHILADELPHIA, April 2 (U. P). —The corporate simplification section of the Holding Company Act of 1935, attacked as unconstitutional by the Commonwealth & South-
‘tern Corp., was upheld yesterday by
the U. 8. circuit court of appeals.
A decision written by Judge Alpert B. Maris and concurred in by Judges John Biggs Jr, and Herbert F. Goodrich, affirmed a securities and exchange commission simplification order against the company and overruled a company claim that the order cannot be carried out without the assent of its stockholders. The court rejected all but two of Commonwealth’s objections to the SEC order to change its capital structure to a single common stock. It said that the company’s argument that the order violated the “due process” clause and that the company was not permitied to establish. the value of its property would be considered later by the court. The SEC order would eliminate the existing 150,000,000 shares of $6 cumulative preferred stock, on which there are accumulated dividends of $31,117,758.
* Can't Get Asphalt:
Makes Ships Now
PERTH AMBOY, N. J, April 2. (U. P.)—Barber Asphalt Corp. operated at a loss of in 1942 when the shipping forced it to discontinue its asphalt and petroleum refining, but by converting #0 shipbuilding, the company currently is operating at a profit, President T. Rieber said today. 3 Because of the shipping situation, Rieber told stockholders in the 40th annual report, no transportation of any kind was available to the company by mid-1942, either for cil from Venezuela or asphalt from Trinidad. The company is carrying on shipbuilding activities through its subsidiary, New Jersey Shipbuilding Corp., which at the present {ime is building a number of special ships for the U. S. navy. . For 1942, Barber Asphalt showed a consolidated loss of $311,175 after all charges, compared with a profit of $257,679 in 1941. Total business ‘was $12,852,902 against $13,289,736 in the previous year.
WAGON WHEAT Up to the close of the ge!
a
Lar——— r
Production
‘DELIVERIES (MILLIONS OF DOLLARS )
. M Sloan noted that 1942 profits
PORKER PRICES DROP 15 CENTS,
Market Active. With Top Of $16.10; Vealers Off 50 Cents.
than yesterday at the Indianapolis stockyards today, the food distribution administration reported. Weights under 160 pounds were steady with an early top of $16.10. Most of the vealer bids were 50 cents lower than yesterday. HOGS (6825) H5.00016.00 [email protected] «es [email protected]
} 16.00 [email protected] [email protected] Medium— 160- 220 pounds Packing Sows Good to choice— 270- 300 pounds . 300- 330 pounds 330- 360 pound . 360- 400 pounds .,.eseee Good— 400-450 pounds . 450- 550 pounds Medium— 250- 550 pounds Slaughter Pigs
CATTLE (450)
poung 00 pound pound 1300-1500 pound Good— 700- 900
900-1100 p 1100-1300 1300-1500
. [email protected] .. 15.25
00ers 14.00 14.00
Choice—
po! 800-1000 pounds Good—
600- 800 pounds ... «es 14.50 800-1100 pounds ..eecceseess 14.75
‘Medium— 500- 900 pounds .ccscsesesess Common-—
(all weights)
Bulls (all weights)
Beet (Yearlings Excluded)
Sausage— . Good (all weights edium
CALVES (300)
Vealers (all weights)
Good to choice Common and medium Cull (75 lbs. up)
Feeder £ Stocker Cattle & Calves
Choice—~
500- 800 pounds ees [email protected] 800-1050 pounds ....e. .. [email protected] Good— 500- 800 pounds ... 800-1050 pounds Medium— : 500-1000 pounds ... Common-— 500- 900 pounds Calves (steers) Good and Choice—500 pounds down .
ree. [email protected]
Mediu 500
Calves (heifers)
Good and Choice— 500 pounds dOoWn ...eeces-.. [email protected]
Medium— 500 pounds
SHEEP AND LAMBS (75)
Ewes (shorn)
Good and choice Common and choice ...
” Lambs Good to Medium and good ....... vee. [email protected] Lambs (Shorn)
Good and choice -....coe0.0.. * [email protected] Medium and good Common
AVERAGE FACTORY WEEK IS 44 HOURS
WASHINGTON, April 2 P.).—Secretary of Labor Frances Perkins reported today that the average work week in manufacturing industries was 442 hours in
tenths of 1 per cent from the preceding month but a gain of 5.8 per cent over January, 1942. Labor department attaches said the increase reflected the effect of the 48-hour scheduled work week which many war .plants have adopted.
8% INCREASE SEEN
CHICAGO, April 2 (U. P)— The Midwest Shippers Advisory board has estimated second-quar-ter freight carloading requirements in the Midwest would be 1,205,630 cars as compared with 1,122,410 cars actually used in 1942. The total represented an increase of 93,220 cars, or 8.4 per cent. The largest single percentage increase was in petroleum and petroleum products with requirements estimated at 62 per cent more than a year ago. It was expected that oil would continue to move East in tank cars through the quarter with
Ill, to the east coast is completed. Decreases of 10 per cent in steel
25 per cent in sand, gravel, cement,
dicted. The advisory board said the reduction in steel shipping needs was a reflection of the office of defense tion maximum
requirements for building materials shipping was due to completion or near completion. of most government construction, the board said. The estimates covered all of Illinois, Wisconsin, most of Iowa, upper Michigan, and northern portion of Indiana.
NAME EATON FOR C. & O. CLEVELAND, April 2 (U. P.)— Chesapeake & Ohio Railway today announced that Cryus S. Eaton of the Cleveland investment firm of Otis & Co, Inc, has been nom-
The hog market was fairly active, : with porkers bringing 15 cents less|&
[email protected] | = +. [email protected] | =
.. [email protected] | §
vee [email protected] | 5 [email protected] | 8
© [email protected] | =
[email protected] | EI .. [email protected]| &
16.50 E 15.00 8 15.258 [email protected] | §
[email protected] | = |) [email protected] |
15.50 | = 15.50 | E
13.00014.50 | = 11.50913.00| =
GOO 2ureansivtinres vesever. [email protected] |B
. [email protected] =!
.. [email protected]| 5
[email protected] | = Me pounds: down ..... wees. [email protected] |S
12.50914.00 | =
CHOI0B .. acs venues cess [email protected] | S| 13.00014.25 |S
[email protected] | = [email protected] |S
(U.|8
January, a seasonal decline of six- (5
IN FREIGHT TRAFFIGS
reductions expected after July 1,|= when the pipeline from Norris City, |E
and iron shipping requirements and |E brick and clay products were pre-|8
loading | Si order and did not indisate reduc- |S tion in steel production. The lower =
| CLAS LY SY NAILER
| % % Open Saturda
Monday 'Til 9 P. M.
| i] :
Buy NOW and SAVE in a Big Way! |
ISAVE 14 «0 13
a ARYLY 4
AVL RCL Rel : 30
y
un Yi A
essai 3X AE (8. i}
e\ TIN RIE
ON MEN’S NEW
SUITS and TOPCOATS|
Jo MEWS HAND TAILORED ALL-WOOL
‘Worsted Suits
All Sizes—Stouts—Longs
24
* $22.50 SHETLAND MEN’S SUITS
DOUBLE or SINGLE BREASTED
51H
breasted.
Stouts—Longs Regulars $30 Value
MEN'S TWIST SUITS
Long wearing worsteds.
Double or single
571%
$35 SUITS % FINE ALL-WOOL WORSTEDS
Can’t Be Duplicated
. Double or Single Breasted Sale Price
* $30 ALL-WOOL
TOPCOATS NEW CAMELS
19
Men's $20 SUITS
Hard Finished Worsteds
14
vc CURACUMA o FULL LINED
TOPGOATS & OVERCOATS
All Colors—All Sizes
$30 Values
‘18°
ALL-WOOL SPORT COATS
Latest Plaids or Plain Colors.
Sale! Men’s
Fine rayon pleated and 4° zipper pants tl % SALE—MEN’S GABARDINE PANTS
—$6.95 valAll Colors and Sizes
$y 00
Slack Suits $ Jos
All Colors. All sizes. $10.98 values. CALIFORNIA CAMEL Loafer GOATS
{Hi White Broadcloth, Fancy $ HIRT Sees Long Sleeve, Sport Shirts
Men’s 100%, Wool Felt Hats
All new Spring styles and colors and tops in value —Permanently created to hold their smart shape.
Sizes 6% to 1%.
SWEATER SALE
$3 Slipover or Button Styles .......... |
I i
Men’s MILITARY SHIRTS $195 |
Sanforized—$2.95 Value
MEN'S $5 TROUSERS ‘Hard Finished Worsteds. .
Men’s Sanforized SHORTS Buitons
2 nile
Men's $6 RAYON ‘Skinner Satin C na
reat
$393 89%
H 0 BE S . rs MS.
Gh i hs