The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-12-14
MERGER WILL
Benefit TWO
STATECITIEs
Radio and TeIeviSion
Combine Has Wabash
and Marion Interests.
ACTIVITY IN COAL, OIL
New Strip Mine Opened;
National Company
Enters Field.
ACTIVITY IN COAL, OIL
BY CHARLES G.. STONE
State Editor, The Times

STATE EdltOr, The Times
Two Indiana cities will benefit by
the merger of the Case Jctric Cor
poration, Marion, with o Chicago
companies, it is revealed in bust
ness and industrial survey of the
state for the week ended today.
In addition to increased produc-
ton by the Case plant at Marion,
Wabash will be benefited by steady
operation of the Spencer Cardinal
Corporation, which has plants at
Wabash and Marion.
The concerns merged with the
Marion company are the Apex Elec-
trio Company and the Radio Allied
Manufacturing Company. The new
organization, with assets j. excess of
100000, has been named the
United States Radio and Television
Corporation.
Radio sets are manufactured by
the new company and cabin is for
them are made at the Spencer
Cardinal plants. The one at Wa
bash already has force of nearly
three hundred. 1t will continue the
cabinet production with a line of
bedroom furniture in connection.
New Coal Mine Opened
Developments in the coal mining
industry during the week included
opening of a new stripping shaft
at Arthur by the New York Electric
Shovel Company; plans for re-
opening the Bunsen mines in the
Universal section, and resumption
of work at Atlas Mine No. l, Pike
county, employing more than 200
men.
In the Indiana oil district, events
of the week included entry of the
Tidewater company, nationally &C
tive, in the Vanderburgh county
field; assignment of leases on 6,391
acres of Marshall county land by
H. r. Grow to D. G. Underwood,
c. veland, O., and shooting of the
second well on the Charles Scott
lease south of Terre Haute The
new we'll shows small flow, while
the first is producing about 100
barrels daily.
The following summary shows
conditions elsewhere in the state:
Greenfield-The American Pro-
duction Company has started pro-
duction of amberine, a compound
for increasing efficiency of gasoline
in automobiles, having obtained
manufacturing rights for the entire
United States. The plainly already
has equipment installed to produce
1000 gallons daily.
BIufftOn-Sale of the H. C. Bay
piano factory in receivership pro-
ceedings has been completed, the
Fantus Plant Finding Company
having bought for a client not yet
disclosed, who will install wood
working industry. 1t is planned to
begin operations March l.
Observation-Disclosures of a new
stone company merger which have
occupied a force of accountants for
several weeks will probably be COM
pleted in time for the combine to
become reality Jan. l. 1t will in
cIude twelve companies, practically
all the Independents left in the
Bloomington-Bedford field after
two earlier mergers.
Company In New Plant
Muncie - The Werts Novelty
Company opened it's new factory
today. A program to which 1900
persons we're invited was held.
Fl. Wayne Through absorp-
ton of the Fry Equipment Com
pany, Rochester, Pa, the Wayne
Pump Company of this city, its off,
Gals announce, become the largest
concern of it's kind in the country,
with assets of 100000. 1t manu-
features gasoline filling station
equipment.
The Rose Plating Company is
spending $4,000 for expansion o.
its plant, having added chrome plat
ing to it's activities.
A $4,000 addition is being built
to the warehouse of the John Deere
Plow Company.
Dudlo Manufacturing Corpora
ton plans to begin erection of a
$4,000 Office building early If
January.
S65O,OO0 for New Building
EvansvilIe-A nine-story bank and
Office building to cost $650,000 will
be erected for the Morris Plan bank,
work to begin before Feb. 1. An order
described only as flair sized" has
been obtained by Servel, Inc, from
Sears, Roebuck g. Co., Chicago, for
refrigerators.
AnderSOn--A contract for build
ing an addition to the postoffice
here has been awarded Charles
Weltz Sons, Des Moines, Ia, on bid
of $122,465, work to be started at
once.