▁Production ▁of ▁this ▁press ▁ceased ▁in ▁ 1 9 5 9 . ▁ ▁De pression ▁and ▁bank rupt cy ▁Unfortunately ▁for ▁A TF , ▁unlike ▁printing ▁consum ables ▁( like ▁paper ▁and ▁in k ), ▁which ▁must ▁be ▁purchased ▁an ew ▁for ▁each ▁job , ▁type ▁we ars ▁slowly ▁and ▁its ▁purchase ▁can ▁be ▁post pon ed ▁in ▁hard ▁times , ▁while ▁capital ▁invest ment ▁in ▁new ▁press es ▁simply ▁d ries ▁up , ▁and ▁so ▁A TF ▁was ▁especially ▁hard ▁hit ▁by ▁the ▁De pression . ▁ ▁Also , ▁the ▁company ▁had ▁been ▁over - ext ended ▁in ▁the ▁bo om ▁years , ▁too ▁much ▁credit ▁had ▁been ▁extended ▁to ▁the ▁trade , ▁ ▁invent ories ▁were ▁blo ated , ▁and ▁the ▁corps ▁of ▁execut ives ▁( many ▁left ▁over ▁from ▁pre - con sol id ation ▁days ) ▁were ▁older ▁and ▁without ▁vision . ▁ ▁With ▁the ▁financial ▁dow nt urn ▁after ▁ 1 9 2 9 ▁A TF ▁began ▁to ▁see ▁serious ▁dist ress . ▁ ▁In ▁ 1 9 3 1 ▁hours ▁were ▁cut ▁at ▁the ▁fact ories . ▁ ▁The ▁following ▁year , ▁sales ▁were ▁down ▁another ▁ 2 5 % ▁and ▁sal aries ▁were ▁cut . ▁ ▁When ▁major ▁account ing ▁errors ▁showed ▁that ▁company ▁to ▁be ▁even ▁less ▁prof itable ▁than ▁was ▁thought , ▁Gill ick ▁was ▁forced ▁to ▁res ign . ▁ ▁Thomas ▁Roy ▁Jones , ▁a ▁business man ▁with ▁no ▁experience ▁in ▁type ▁found ing , ▁replaced ▁Gill ick . ▁ ▁By ▁ 1