Hammond Times, Volume 9, Number 31, Hammond, Lake County, 2 October 1920 — Page 3

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(Vtobpr 2. 1020.

THE TIMES Page Three-

H00S1ER

COA

L PILE

VERY

(TIMES BUREAU AT STATE CAPITAL

most of tfw mines f- :ivf, Sti.'uld tha u

price of the toil at tho mine b set

J5.SH fih1 tho oihtr unofficial es'-1rr..,t aa he decided upo nth price should not ZZ caoeeJ $ 7 a ton rtiaii, Every effort will bp made by Jeij" K. Kschbach, chttirman of the cos.-i- ZZ. mission, to iooub(i the prica cariy S

next week. He hvl h.-yod that the prices c.uild be announced rhia r.-;ci, but It now seeing that this wi'.l be impossible. When the price is ti r3 Hie puti

niiy rest assured (hat it will bo itv.

i!lflll!l!lllillllllllill!l!llill!lllll!llll!illlllll!llll!illl!lllll!llllli!l!llllllll!!ll!:!l!llill!l!iira llllllllllllllllllllinilllNllinillllHIIIIIIIIIIIIIillllillllilllllllllllllllllllllillll

on day the Last Day

HiOJrU

awe-

Li! 1

I 7b Share the Bargains In

770 ?

KALI FM ANN & WOLF - HAMKOND.IN& s

i..ii a.-vai uiJb, Ind.. Oct. 2. hJ lowwt that prtid.-nc- wiil p;rmU. Tli first cold snap of the season revc-alsj commission 13 not going- ito the game that tho Uooater public's coal pile Is blindly. At tho present time the cmv rry low. There have been two reason i mission has in hand out sheets from f r this. One was that there waa a ail the mines ,.f any importance- in the ?ry scant supply of coal urine tnojstite. The hooks of the c..mpntri unim.-r months for the householders 1 have been audited by competent eisnto 'ay In and the other reason Is that) iners and the many anijlcs of the -oal mauy persons wno c uld have obtained J game th;it muct he twken Into con ldsome, coal refut-ed to pay the prices d - , eration In studying cost sheets Hav" msvnded in the bpes that (he Indiana f bi'n due'.y weiKbecj. The commission "1 and food comm jssion wouid at this time know p.-ecisoiy bow much faring about lower levels. it costs to mine a ton of coal In Indiana Friday t he last of threa public hea; - rnir.es. on the coal question was held be- -

t ...re the commission. This hearing was Ifere j,rp T? aH llfi nri : lor retail dealers. The hearing Mon- aCIB re JteaUvTlOIlS

itest S

Never were there such slioe bargains for men, women and children, as are to be found in this sale! For Monday, the last day, we've added fresh lots to make this a rousing selling finale to "Our Greatest Shoe Sale!"

iiy was fir the operators and the second hearing- on Wednesday was for tb wholesalers of c-jal.

Armed with tha data on the fuel

on the Studebaker

The Suidhiker Corporation of .AmriVa by A. ft. KrjUii.u, presjien-,

q jestion revealed at these hearings ar.djliaa issued the following statement; with th reports that have been made J "After careful study of tha situation fo the commission by it innpeclora tti.jjand weighing tha probabilities of tho .tato body will start its deliberations I future, we have reduced tho prieea "t Saturday on flxinsr the pt ice of coal at Studebaker cars. f. o. K faatory. a the mine and for the retail trade. j follows: Ppeclal Six Touring 11.734; Ot.e of the members of th-. oomm's-i reduction of $123; Special S! xCoupc S..-.U 3ri today tha; soma p.Tsons inl $2,630, Special Six Sedan I2.T30. an'l th-i statf: expect th orrsmisslon to ts-l Hijr Six Tourtnir Ji.loO being a retiu.t ir.lish pre-war prices for coal. This is; Hon of $200 each. rtsarly impossible, he paid, because oi j "Tha Studebaker busineaa has ban the ir.oreases in freigat rates acd 'nJbutU up during the rast aixty-!(f ;it tr..aer' wage. t years upon the policy of large prod'j'--At present ths pric es bcinj charged "on small prcentag of profl'. f r Indiana coal are clear out of r.a-je believe that tho recent and rap.1 son. however. At some points In thai decline In price of many commodities

i To

Who are Seeking Extraordinary Values i

TUESDAY, October 5th, Wi

li Be Our

and raw materials presage lower

pricea for thoae rot yet reduced. no SSS of course, manufactured product ft SS; all kinds, which are highly desirable sa; if production is to he sustained and v:nemploj-metit avoided this wloter. Our plants hava operated at full capacity all year, and are doinj ao to S day, and we now hav on hand uunl!- s ed orders for over 6.000 ears. Ths S ovr-sold condition haa been constant ZZS with us ever atnee tho war ended, and rr: our production, alej and profits fT ZZ the flrat nine months of th.a j-aar S greatly exceed totals for tha full year SSt of 119. Nevertheless, we believe, it it highly desirable that lowering1 i prices should bo encouraged, and w - are tlierefore anticipating at this ttm our ability to purchase materials at - lower figures during the comlntr year. j to Improve labor efficiency, and to in- SS creae ojr presen volume of buslnesj, ZZS

Mi mines in tha state 1 ail with the effect of lowering the pro- ZZZ roilu... coal for $3, U Is'duction cost of automobiles. Existing -j;

wage rates will pe tr.amtaineo at a.i -- Studebaker plants, which at present gz: arc employing lo.00i people. The cv-

ital and surplus of this corporation are now J7f,.00S.O'n, and its sales are

state Indiana coal is selling at retail fT $8 while other dealers ara getting as high as $14 a ton. Close observers of tha activities of the coal commission predict that Life retail price for coa! established by the 'V mmission w ill bo considerable los than $S. The operators did not hesitate to admit that they were veiling coal on contract for aa low as $2.80 a ton. They claimed, however, that they wer cot making money on such contracts. Should the commission allow tho oparators on an average of $3 a ton, tha wholesaler 50 cents a ton cjm-n.-.sion. an average of 7 cents a ton fr freight, and the retailer from $3 tj S5 a trn for hia profit and delivery i harg-es. tha retail price would be frm $ to $S.5 a ton. It is quita possible that the commission may a-t. a higher price level than

$8 for coal at tha mine There is r.o

doubt that so

tuiM airily p

j-aid. but there are many mines that hava heavier operating Cost. 'Che eorumisston may reason that it -wou'd not fca wise to slow down production i nuttlnc- tha more expensive mine

out of business and therefore set thej running at the rate of $100.0.0.000 per nrfea at a level which enable all, or annum."

The Greatest One-Day Event of Its Kind Ever Staged in This Vicinity See Monday's Page Ad in "TIMES"

AIMD

i tp r? n i i .t.

ive i ear lax dxempt: oonos oi toe ocno

East Chicago due Sept. 1?

sale, in denominations of $1,

City of

bave these for

000

at par and interest

Why Pay Money or Trade Liberty Bonds to m strangers for unknown and unseasoned stocks

when you can get an investment like

these

School Bonds.

I 1

ji mi in

it.

Oldest Bank in Indiana Harbor

j HI i ''r mmmmmmmm n, " ' 'I.IWIIW i' 1 1 ' i . i."-' mm v- -W.a t ' Miewssll?e ' - .

VijjP IT Jjar1' iL Ji 11

"IJ A If ...1 tJ& 3tV Jm mvtlS ,Ml tiwM

aturday

At UNIT

Y I

Eve,, Oct. 2n

HAI I HAMMOND, I fi-sI-lL- INDIANA