The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-03-14
Three Men Also in Charge
of Four Steinite
Subsidiaries.
BUILDINGS FULL
New industry Takes Last
of Charlottesville Indus
trial Space.
BY CHARLES c. STONE
State Editor. The Times

Encouraging developments. in
Guiding the rehabilitation of radio
manufacturing firm which was in
financial difficulties. are noted in q
business and industrial survey OF
the state for the week ended today.
The Steinite Manufacturing Com
pany, Ft. Wayne, is now under con-
troll Of group of men nationally
known in radio anufacture, sue
ceeding a group which represented
creditors who assumed charge after
the company had met financial re-
verses.
Under the new group, the Steinita
company and its subsidiaries will be
affected, as the three men in gen.
eral control will name a director for
each of the concerns with which the
FIT. Wayne company is affiliated.
John c. Tully heads the three.
and has been chosen president Of
the 5teinite company, a position he
holds in each of its subsidiaries
with the exception of the Leslie F.
Muter Company, Chicago. The other
members of the group are P. D.
and Oscar Getz. In adj
dit.on to the Muter company, the
are the Steinite Labor
atories Company, the Steinite De-
Company and Aviation
Radio Corporation.
Factory to Cost $4,000
Among Indiana cities, one of the
most active from an industrial
standpoint is LoganSport. Bids have
been received for erecting 100000
factory for the II. P. Gossard fac
tory of Associated Apparels Inc. The
plant of the France Stone
Company east Of the city, will be in
operation April l, when fifty men
will be added to the force.
With leasing of the Rowland
property by the Coy Manufacturing
Company of Chicago, the last va
cant factory building in Crawfords-
vile has been filled. The company,
which manufacture mail boxes, will
employ ten men at start of opera
tons
The Chamber Of Commerce at
Hartford City has voted to open a
three-day campaign March "a, to
raise SIS 900 to be used in industrial
expansion.
Additions to the brake division
plant of the Bendix Aviation Cor
poration, South Bend, will cost
$4,000.
Following an employment survey
at Evansville, Norman Kniese, Sec
rotary of the Manufacturers and
Employers Association, expressed a
belief that "the situation will be
greatly relieved in the next thirty
days"
200 Cars of Stone Ordered
Stone from quarries of the Indi-
ana Limestone Company will be
used in construction of the new
forty -eight-story Waldorf Astoria
hotel in New York, heralded as the
worlds finest and tallest hotel. The
contract calls for 200 car loads Of
stone.
Articles of incorporation have
been filed by company planning
erection of hotel at Anderson to
cost between $35O,00O and 100000.
1t is planned to begin work on the
building April Is.
Pending completion Of a building
to replace one destroyed by fire
three weeks ago, the Ames Shovel
and Tool Company, Anderson, plans
to carry on business in temporary
quarters, providing employment for
$50 of the 200 persons it had on its
pay roll at the time of the fire, loss
in which was $250000.
Conditions in various cities of the
state are shown in the following
summary:
KokomO-The Hamilton-Ross Fac
tories, Inc, announces shipment Of
1000 lamps on one order to Co
o.
Long Lease Signed
ACKNOWLEDGEMENTS Showers Bros.
Company has completed fifteen
carload furniture order for the
United Furniture Company, Louis
Vile. The second ninety year
lease on business realty in the city's
history has resulted in transfer Of
the Mrs. Florence Bradfute prop
erty to Kostas brothers ct a yearly
rental Of $4,000 to $500. The les
sees announce they will erect new
On the property.
ROchester-Jack O'Neal, former
San Diego (Cal) aviator, has be-
come associated here with Barney
Snyder in the manufacturo Of glider
planes. They announce they have
inquiry from the aviation editor Of
q Philadelphia paper indicating he
will buy twenty of the planes.
Shelbyville-The Melroy Manu-
featuring Company here announces
its entry in the field Of boat manu-
featuring, having purchased patent
rights and working plans from
Frank D. Bremmerman, Indianap-
oils, whose Sea Gull model boats
have participated in speed events in
the United States and Canada.
Blountsville-Work has started on
erection of a school building here TO
replace one burned last fall. The cost
will be $50, 300.
Laporte-Era Cone Company win
be moved here from Chicago within
a few days. It will employ twelve to
fifteen persons in manufacture OF
ice cream cones and other bakery
products. Work will begin about
April / of erecting new building