The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-18
AII-Indiana Sets Being Pro-
duced at Davis Kokomo
Factory.
OFFICES TO ANDERSON
UrmStOn Company Moves
Headquarters From
EIWOod.
BY CHARLES G. STONE
state Editor. The Times

First showing Of an all-Indiana
radio set, product of Davis Indus
tries, Inc, Kokomo, was among i'm
portant developments in the state,
a business and industrial survey for
the week ended today shows
Heretofore the Kokomo company
had purchased part of the sets and
assembled them in It's plant, but
production now is all done at Ko-
kOmO.
Pierce & Golden. Kokomo, have
been awarded a contract for cree
ton of a new Friends church at
a cost of $4,000
Conditions in various cities of In
diana are shown in the following
summary:
AndersOn-Main offices of the
Urmston Seed and Grain Company.
operating a chain of grain elevators,
seed stores and coal yards in Indi-
ana, are being moved from Elwood.
. An increase of $4,000 in capital
stock of the Citizens bank of Ander-
son has been voted by directors. Re
ceipts at the postoffice for the
three-months period ended Sept. 80,
were $203,O23,53, setting a new rec
ord. For the same period last year
the receipts were SOS, 663,99.
S5OO,OOO Building Planned
NewcaStIe-Local capitalists are
considering a 100000 project for
erection Of a combined hotel,
theater and Office building. Tenta-
tive plans call for a theater with
a seating capacity of 500 to 1900.
PlymOuth-Insull utility interests
have bought a thirty-acre tract OF
land in the southwest part of this
city as a site for the plant of the
Northern Indiana Public Service
Company. an insult property. 1t is
planned to move electrical generat-
ing machinery from the present site
which is too near a public highway.
Terre Haute-The Highland Iron
and Steel Company is planning
erection of a new mill at a cost of
Sl5O000 in which $50 men will be
employed. The mill will manufac-
ture window frames from iron. said
to be the first of its kind in the
country. There are several making
frames. but all use steel.
FrancisvilIe-Test wells for oil are
being drilled in sections west and
northwest of here by the Mich-Ohio
Oil Company. Old wells, put down
twenty-five years ago are icing
cleaned preparatory to sinking them
deeper.
Bank Resources Gain
TT. Wayne-Banks and trust COM
panies here have total resources of
nearly S1OO,OOO,OO0 it was revealed
by statements published for this
month. The total resources now are
So. $50 ,209, an increase of $2,584,-
442 since Jan. /. Production at the
Delster Machine Company, manu-
featuring a water Softener, has been
increased more than half in tNs last
few months. The Capehart Auto
matte Photograph Company has
bought a twenty-acre tract to make
room for plant expansion. Steel
work on the new Lincoln tower,
which with a height of twenty-five
stories will be Indiana'S talleSt
building, will be started No. Is.
Hammond-A 100000 addition is
10 be built to the w. B. Conkey
printing plant. An increase of ST.
1Se,770 in resources of Hammond
bonds since Jan. is shown by the
latest statement.
South Bend-The Bantam Ball
Company has added a brass foun-
dry to its plant. The Goodlin Au-
Fcmotive Equipment Company has
: been purchased by the Gibson COM
psny of Indianapolis.
Buys Refrigeration Patent
Evansville Servel, Inc, which has
a plant here. has purchased Swed-
tSh interests in patent rights to cleo
trolux absorption refrigeration in
United States. Canada and Cuba.
Ia POrte-The Aerial Electric
Company will move its plant here
from Chicago soon after Nov. l. 1t
will occupy the former First Meth
odist church building, the congre-
CATION now being housed in a new
1925 900 building.
Observation-Disclosures Of new
water softener tank at the shops
here of the Baltimore 6, Ohio rail-
road is near completion. The tank
is SIS feet high and As feet in diane
ter.
PeterSburG-Two strip coal opera
tors. the Eos Coal Company and
Williams Coal Company. are plan
ming laying Of more trackage on
their holdings in Pike county.