9 3 3 ▁the ▁situation ▁was ▁des perate . ▁Sales ▁of ▁type ▁were ▁less ▁than ▁ 3 0 % ▁of ▁ 1 9 2 6 ▁levels ▁while ▁purch ases ▁of ▁Kelly ▁press es ▁had ▁pl um met ed ▁to ▁a ▁mere ▁ 6 . 8 % ▁of ▁what ▁they ▁had ▁been . ▁▁ ▁In ▁October ▁ 1 9 3 3 ▁Jones ▁file d ▁a ▁volunt ary ▁pet ition ▁for ▁bank rupt cy . ▁A TF ▁was ▁placed ▁under ▁the ▁control ▁of ▁its ▁credit ors ▁( ch ief ly ▁consisting ▁of ▁several ▁banks ) ▁and ▁dr astic ▁measures ▁were ▁taken . ▁ ▁Oper ations ▁were ▁cons olid ated , ▁the ▁Jersey ▁City ▁plant ▁was ▁closed ▁and ▁the ▁type cast ing ▁operations ▁moved ▁to ▁the ▁Kelly ▁plant ▁in ▁Elizabeth . ▁ ▁Sales men ▁were ▁put ▁on ▁a ▁commission ▁basis . ▁ ▁In vent ories ▁were ▁cut , ▁faces ▁dis cont in ued , ▁and ▁production ▁of ▁several ▁models ▁of ▁Kelly ▁press ▁as ▁well ▁as ▁the ▁K ly max ▁Fe eder ▁was ▁shut ▁down . ▁ ▁A TF ▁was ▁released ▁from ▁court ▁super vision ▁in ▁ 1 9 3 6 ▁and ▁in ▁ 1 9 3 8 ▁a ▁sales ▁study ▁was ▁made ▁making ▁the ▁following ▁observations : ▁the ▁Kelly ▁press ▁was ▁ob sole te , ▁ ▁body ▁type ▁was ▁now ▁the ▁exclusive ▁province ▁of ▁line - c aster s ▁and ▁display ▁type ▁would ▁have ▁to ▁be ▁the ▁main st ay ▁of ▁type ▁production , ▁almost ▁half ▁of ▁what ▁A TF ▁was ▁s elling ▁was ▁other ▁manufact