The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-01-03

ner year of its history. Contracting
for this years acreage includes an
increase from 500 to TOO for peas
and from 1850 to 1000 acres for
corn. Last year the company paid
farmers $4,000 and its plant pay
roll was $4,000.
Conditions more prosperous than
for the past several years is the pre-
diction of Terre Haute business and
civic leaders for 1880, based on the
acquisition of new industries, road
Improvement and increased interest
of citizens in industrial expansion
of the city.
Among developments expected
during the new year, of interest not
only to Terre Haute, but much OF
it's trading territory, is the forma-
ton of Brazil Minerals, Inc, to use
strip mining methods in two sec
tons known to have rich deposits Of
block coal, terra Gotta and fire clays
and shale. The corporations hold
ings in the two tracts have a value
of $2,50OOOO.
Gas Center Formed
Terre Haute will become the gas
center of the Wabash valley Feb l
when the Indiana Consumers and
By-Products Company completes
laying of pipelines connecting its
Terre Haute plant with Paris, ILL.,,
and intervening towns on the west,
and with Greensburg, Martinsville
and smaller Indiana cities and
towns on the east. Gas produced by
the plant will be pumped through
the pipelines. A tank of 500 900
cubic feet capacity and compress
sor unit have already been erected.
A crossing separation program to
cost $1,000,000 will be carried out
during 1880 at South Bend officials
of the Oliver Farm Equipment Com
pany forecast a rapid increase in
production during January.
Conditions in various Indiana
cities are shown in the following
summary:
| Kokomo - Unfavorable weather
has delayed construction of all addi-
ton to the Haynes Stelljte plant
and completion is now set for Feb.
l, month later than at first pre-
dicted. The unit will be used in
manufacturing hastelloy, a new
Haynes Stellite product
Muncie - The Muncie Finance
Corporation and the Muncie Home
Builders have been merged. the
| combined assets being 100000.
Anderson-Permits for buildings
valued at $1,723348 were issued here
during 1929, including a new hotel,
building for the Anderson Herald,
two business blocks, additions to the
plants Of the Anaconda Wire and
Gable Company and National Tile
Company, and two theaters.
Factory Reopened
Marion - Operations have been
resumed at the United States Glove
Company plant following a holiday
vacation. Excellent prospects for
1880 are announced by Mark Apple
by, manager.
Decatur -- The Ashbaucher tin
shop, founded here in 1915, by A. r.
Ashbaucher, has moved into new
quarters, two-story brick building
with 1000 square feet of floor space.
East Chicago-The First National
Bank and Trust Company has
moved into its new S750,000 build
ing.
South Bend-The South Bend
Building and Loan Association is
occupying its new building. a
twelve-story structure and tallest in
the city. Assets increased from
100000 in 1917, to nearly S11 100000
in 1929.
Brazil-After a weeks idleness,
while machinery was being repaired,
operations have been resumed at the
plant of the Brazil Brick and Hollow
Tile Company.
Shelbyville-W Work will begin April
on erection Of a $45, 900 business
building fronting on the public
square. The building is already un-
der lease to chain store.
Fl. Wayne - Getz Motors an
nounces an addition to its building
adding $4,000 square feet to floor
space, bringing the total to $4,000
square feet, will be erected this
year.
Hartford City-Blackford county
will issue $4,000 in bonds to cover
cost Of improving the Franklin road.