Hammond Times, Volume 14, Number 165, Hammond, Lake County, 31 December 1920 — Page 6

1 1 C. MOVES TO KMT INDUSTRIAL RAILROADS HERE

an appointment la entitled to some ;u !! rat ;.n and we iil think t I'M :" Uie r null was that t tie tir.vt inoriuriK '-- M'Oovvan, Asst. Gen.

Manas' l" and tin' I u v. ' h nd M r. W- IV l!atn:KS hack to w.-i e .show n t li;iu j; ill. ;:t rial. I f.-i dt-nt la I d ; t r let mid u 1 1 il

1 1 . office

mpaiy's agrleul- : Hull a mpanit'd 1 1 i mmond. y i. ! liiiumoiid's In ;in 1 tiuricul! ar il t hoi reports t'i

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a'i;.- unl ii j-W'h a It'Vr hen . n csts adjust t heir.sct v,s ! l,,-i o; i ..ji st rii'-t ii f.'t "t ' P. n-:i -te and pi. 1 ha ; al i r.f.-!1 - rn'!-- H.'frman fir. 'A and

! i n vi.iio (r.'.nnc.'. The vt' ?-! lai :'i.i:-i i iavain ::.,i.a"i'i jijiian' j i-p.ice and the n-H fro'ip w j i :i -.-,-! i .i. . ).. Th'- i 'ins','1 r l - i t .S'"l."ill. A ti.h" lla-ui .'ill''- ' ' ..a.. is-n'd ;' r t'a.s anv.unt l.y ; ';. it;.. Tl't'- A Tr'l' l'''IH;.'Hiy iihis is t:.' I."rpe.t . ver wl'ltt' tl In. . ;v "i plant ill he thi: ' .r ": ai-.. 1 v PI n-p'ay a .i.n .

r. tin t i m tii .

; c' Flarnnt'.n'l s i-iriy inp. is t -rni'-'l fi:-"',;nd t iv..f tii- K.'mJ, Mi:rdi-"-i: c:nal'y was tin- h.'ine, .t

i . i l-.i.-o-.i Na'. Mil' (" ttipntiy. ne i : t ; 1. r in-i " " i ..-a ncri this okif.iry. i a - . ; . n . ''. rr nc -. v.llo fu I i.tn'.t th" Ni.-kie IMute lu.i'.r..a.1. in llan.'.-'.-u! s ;."m 1' s t day, ft.i Nail Mii! i tiinpnny l'aii' d and tae plan. wa i i'..-a i f -1 iiiary yars. l-inaiiy. ;la- prv s cam'- t" t!"- fnr? rf A. M-Tur-;.'vl T. M". Jkyn. that KeiJ. M'.ir.J 'i k & i'"inpatiy. of I'iin-ag'i. w.-ri-

Dm't forset the pip V. ar. lave. I -. 31st. Hull over I. Ion Store, year Mit and new year

I'.'ls. r.i r

iir

I'!

i Ilia iriyrkrt i '1 t in in in ' ' WilS a f'-tfrT' iy r,.--A- pt..s; it- in I a mni" land a lvnas.

or a 1 1 r a o . n i- 'ir.r r t f . . r mi. w .1-Tliei;

- and t i r y isTn th"fi days, ;ui. n that fvn 'i indu.i rial ioinc t i a-il-!nand-tn-

". at' r.

' li a t vrr C'l so f forTi" i-pa! d'tlis .lids;- I.ipi'inc-'tt o '. IV Tinkham of i 'amp, a 1'. i."(..!7i ra n y V'i"s..ti. Jr.. .f I'lii... C'.i V. ii nd Ompar

i bonus i ould Kpt. h:ind!-d

a ca t hy

trr

P h 1 1 J ilf 1 p h i a Hammond for

a n .1

JWMKII .11.1. .

credit provided by the federal reset v-j "Monufacturf r fystcm and to their for!ght in J jol-bera are past

cumulating ample reserves. have maintained their enential strength and rapacity fur service.

"l:y til tombinatliin of clear thinking, hard wurkin;,- and eourtig:-! ous actmc. I ln.li.ve that greater t - , wards will ennie to this nation, and. that in ia-.spor.se to the l ombined call of duty und opportunity, ne.rvio- an l ; iioflt, w'uiih the .situation offers, tliercs

"ill (n'iluw eonstantiy (XT.inding jov. ers of Ff r tee which should mark the

goal of o-ry progressiva- people." J in:i'Ki-.ssiox oki.d-midi:. i "The first thine to understand about thia d. pi .-hsian." slid fitorg K. Ko'if tiy, vii-f presid'.-nt of the National J l ily hunk, "is ttiat it l. not rontine ; t tii I.". 5. or to the products of this ; iMtnilry. Jt is world-wide und Is an j . -ffeet of di.srnption "f industry anl tni'Jf liy tin- war. Vr h.ive a country ; of wonderful resources und are In ai hotter position to Mand it than motlj ot'.KT countries. I "Other people cannot buy of us until t !o-y are piajdueinsr c ioJs they e.ni

trade to us. And just an lh world is I i nt i -dept r-.d-n t in trade, so are w- ; ot lo'ivn- int-r-d'-pendent in our van-: ous ot upa t ions. The farmer has been1 hard hit by the il'-elim- in prices of his'' products and his loss of purchasing j p.. war affects all tt-- industries- in.' department of ..agriculture estimated th'- value "f our farm products lor

IIMT' at nearly J2..."".i0i.oo about n . t'lifii of all th- wealth that wns pro- J du-fl in this country that year. 'I'll-j ltii .f !2' f-m products probably t was o-ss by one-fourth or one-third. j OIH nfOl KCES HOIMJ'.ESJi. j ' Industry. ik world trade, cannot j rr isp"r unless it is In balance. 'i h- i vari-us classes of producers must re-j i pin. eon-pensatt"n upon apprnxirr.at.'- . Iy a stable and unifurm basis, or ther 'anunt i.e a tr.-r- circulation and ex- ; rliiing of product?. If farm products ar to stay dou n prices and wages in j the t ty-.-r industries v. ill have, to com' , d.'-. n a". re. or there w ill be a great . .fun tint of u r en-ploy men t. Th influ-v 1 tri-s car.-T run full t.me unless Tli--' s..i.i5 can b- s-dd. Therefore employ-' ers. waKC earners and merchants should rn-nprrati- to reduce the prlc-

...f .-iih"'.' ci.'-iis to corn spond with the)

' tat: in farm Products. If all Wkc.-s

: ap.i jirices ron-.e down together

. V., a.- ..-II' l. i-r.r-aA tff TViIq It. to

' the serict of setting industry started J i agnin. j j "'e have a country of boundless r"- ( ' s.ii rces and therf Is plenty Of work;

to be done and it will ro ahead as j s.-.-n as the natural balance between 'th' industries is restored." ' i vi i: it with torini;rn. ' The business year can be faced ; with .."r.ftdrnce. accord in tt to 1.. Li. Xauffman. president of the Chatham ;ind Phoenix National Bank, which haa i 8600 accounts of firms doing business i throughout the country, because

i American firms have had the toresigiu i t a deflate.

THE TIMES

111 mil JI" i i Ii m

wholesaler a" the peiic of liquida- (

he said. 'Their ped In Si-i

ting back to a pre-war basis h bn amazing- But I am not o iure all , the retailers have been so prompt to i irlve the buvina: public th advantages,

of munufaotuitia and wholesalers ; ruts." j I Mr. Kaufi'man said he believed that before 1921 is half gone the wnoie i country would witness a revival or j business along normal lines. James S. Alexander, president " I .... ... - iie-

the National liaiiK ot i niniiio". -- lieves that with credit revolving faster j and frozen credits being thawed out. tlierc is no reason to be gloomy about

1921. The past year's difficulties

attributed to the volume of liouidatlng government paper

banks, the national breakdown which tied

speculation in tuyers strike.

Friday, Doc-mbor 31. 1920.

non-self ;

held by

t ransport at Ion

uu goods, tne

commodities and tha All lines have not be

come liquidated, he stated, pecauj-:

consumer buying has become slow and ;

unless this becomes more active, production will be sub-normal. All ot these .ondnions which h-nnprcd l'--business, may be expected to disappear during 1921. Mr. Alexander held.

Mask P-all Nw K- of t. Iance the old in. 12-29-3

Hammond Auto Sheet

Metal Work

690 Hohman Street Phone 3032

no- , !,ef

Manufacturers and Repairers of Rediators and Fenders - . Vie install new coils into any make of car. We use the best non-burst proof honeycomb core. X'e repair al'. kirds of frozen radiators. We guarantee all of our work. Our prices are just right.

by 1

P.e

a n 1

for th? 1 Walte.- i d. Mur- !

XiJU

i plan' j: rl ; a; : ri.'-aa: .-.''..- I ! r.' 1 ' r'ii r-.

t -

t C( i ' roj erty ! , a r -I il-;. -

HEALTHFUL STATUS ! IN RE-CREATION:

from Pac.-- (T.ei

Ft rrlr'!

a riufe

rratifleatiori

i'.anking credit was extended to meet ',!;- pee.js as i hey develop' 1. K N K N M1TAI TRKf.TII. ' F"i ni'iiv such sweeping industria.

i hances as v. ere . i' nested in 192 i i -uirr.iratnl 'in acute financial distur'.- ' :)'i"-f ' eiowftl by p'olong'-.l bur i'less ! '. p-cssion. In this instance. 111-- j bank.-, l-ire'-'.y Ji: t. ' ifistiejty ' I

INTO THE NEWEST PATH!

The First Great

iviercnanaisin;

of the New Year

will be the

DAY

to be given on

JANUARY 4th

y tne i nree oig

ammond Stores:

MINAS CO.

THE LION STORE .

'EZEl

WHIT

REES.

Happy Newear A MEASURE of success, accomplished in spite of handicaps, marks the building industry's 1 920 record. Patience endured disappointments ; resourcefulness overcame obstacles; co-operation achieved what otherwise would have been impossible. We enter the New Year with increased appreciation of the needs of the building public and with a determination to demonstrate our responsibility with service.

THE Beckman Supply Co. 265 Michigan Ave. Tel. 1490 Hammond, Ind.

The Home Building Loan am

Savings Association (OFFICE WITH CITIZENS NATIONAL BANK) Capital $3,000,000.00

HAMMOND, INDIANA. DECEMBER. 31. 1920.

TO OUR SHAREHOLDERS:

With pleasure we give you a synopsis of the regular annual statement, which will be ready early next month, showing your Association to be in a growing and healthy condition. Compared with 1918, when we had 18,265 shares in force, which grew to 20,005 in 1919, while today we have 26.042 shares in force. In 1918 We Made $140,834.00 in Loans In 1919 We Made $223,524.00 in Loans In 1920 We Made $556,572.00 in Loans In 1918 we owned $26,770.00 in real estate, which we were forced to acquire. Today we do not own any, and have not a bad loan on our books. The year 1920 was the most prosperous year your Association ever had. as the following figures show: Our expenses in 1918 (that is. office expense, interest on borrowed money, etc.. less the money taken in for fees, fines and transfer fees) was $6,372.03. The same thing in 1919 was reduced to $5,916.30; and this year our expenses from above items were only $431.9. There is a great demand for money, and we have quite a number of applications for loans. A new series is just being opened and we would like to make this our banner year. May we have your help to make the Home the biggsst Biilding Loan Association in Northern Indiana? lou can safely assure v. : f;nds that there is no safer an institution anywhere. Compliments of the season, M. ROTHSCHILD. President. V.0LF. .U .lary. DIRECTORS: Walter Diei-feid. W'm. . t riedhof, Wm. Kleiheg' 0. A. Krinbill, Albert Morris, John L. Rohde. M.' Rothschild, JK. Stinson. and John E. Wolf; John W. Morthland, Attorney.

?i.r:'--r.v..:-.i-T;

"'iSiSSS