The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-29
Indiana Shows Willingness
to Use Methods Prevent
ing Depression.
OIL OPERATORS ACTIVE
Leasing and Drilling on
Large Scale Noted in
Several Counties.
BY CHARLES C.. STONE
State Editor. The Times

Resoonse to President Hoover's
az peal to avoid an economic let
down and activities In development
Of oil fields were the major events
Of the past week in Indiana business
and industry, a survey ended today
reveals.
Three public works projects at
South Bend, involving expenditure
of $l,300,000 were voted after Hoo
yer urged that there be a continu-
ance of that line of activity as a
stimulus to business. The park board
has prepared to carry out plaza
project and the works board one for
widening of Division street. The
two will cost S1,000,0000. The board
of education has ordered 100000 in
bonds issued to pay for a new school
building.
1900 at Work
Industrially. South Bend is main
tanning a high rate of activity. At
the Oliver Chilled Plow Works,
200 men are employed in day and
night shifts filling a large export
order. The Stephenson Underwear
Mills have bought the Charles AL
:huler Manufacturing Company of
Racine, Wis The Indiana Bell
Telephone Company is spending
$4,000 in extension of lines. A new
freight terminal will be built by
the Chicago, South Shore 81 South
Bend Railway.
The Goshen Manufacturing Com
pany has followed a suggestion of
Henry Ford made at the Hoover
business conference by increasing
pay of employees per cent.
In oil development, events of the
week included the following:
Bell Bros. brought in the best
producing we'll SO far in Pike coun-
ty, the first days run being .esti-
mated at 100 to $50 barrels.
Acreage under lease for drilling
in Knox county includes $4,000 by
the Shell Petroleum Corporation
and nearly 1000 by the Texana Oil
Company.
The Siosi Oil Company is drilling
a test well in the Middletown dis
tract, Clay county. A large block
of leases has been recorded. In the
same section, M c. Hamill and as
sOciates of Terre Haute, are drilling
test hole which they plan to sink
deeper. than any so far put down in
the field.
The San Juan Coal and Oil Com
pany, New Mexico corporation,
mas been authorized to operate in
Indiana, and is expected to begin
activities in Center, Liberty and
Jackson townships, Porter county,
north of Valparaiso. More than
1000 acres are under lease.
A small we'll has been drilled In
near BartlettSville on the Lawrence
Monroe county line by the Petro-
leum Exploration Company of
Greensboro. KY.
Anderson Plant Expanding
Conditions in various cities of the
state are shown in the following
summary:
Anderson-A plant addition is be-
ing built for the Anaconda Wire and
Cable Company, employing $50 per-
sons.
Muncie-An optimistic view of
business conditions is taken by
manufacturers here. Among those
covered by the survey are Ball
Brothers Company, employing $500
men; Delco-Remy. reporting but few
men taken from force; Indiana Steel
and Wire Company, $50 employed;
Muncie Malleable Foundry Com
pany. gradually re-employing 100
men laid off six weeks ago; Muncie
Products. practically all former en-
ployes back at work; Warner Gear
Company, 200 men taken back on
paw roll.
Columbus-Onicials Of Noblitt-
Sparks Industries, Inc. deny reports
that plant is to be closed six or eight
weeks. Our condition at this time
is at least Is per cent better than
It was at the same time last year,
one official declared. The present
force of 500 will not be reduced. it
is announced. Six weeks ago 900
were on the pay roll.
Bedford-The Indiana Limestone
Company has completed shipment
of 500 carloads of stone for use in
the new internal revenue building
at WASHINGTON.
EIkhart-The DR.. Miles Medical
COMPANY here is engaged in ship
ping 1880 900 almanacs for 1880,
filing twenty-five freight cars.
Auburn to Increase Output
Auburn-Oficials of the Auburn
Automobile Company announce that
its 100000 expansion program
will be COMPLETED by March. A new
administration building here and an
increase in capacity Of the Central
Manufacturing Company at Con-
nersville, an Auburn subsidiary. are
included in the program, designed
to increase production of auto
mobiles so per cent.
Hartford City - George Fulton
Sr.. has resigned as manager Of the
Johnston Glass Factory here and
intends to become associated with
his sons. George Jr.. and James
Fulton, in a new glass industry
here.
Knox-The Peoples Voting Ma
chine Company has been incor-
porated to take over the Cummings
Voting Machine Company with a
plant here.
Goshen-A 40xl40 foot addition
Is being built TO the plant Of the
,, Western Rubber Company.