The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-08-29
MORE ACTIVITY
FORECAST FOR
STEEL PLANTS
Pipe Making Units of CaIu-
met District Assured of
Five Months Work.
NEW FACTORY STARTED
Mineral Wool to Be Prod
uCt of Industry Formed
at Yorktown.
BY CHARLES C. STONE,
state Editor, The Times

state Editor, Inc Times
Prospects of improvement in in
dustrial conditions in the Calumet
district were noted in a business
survey of Indiana for the week end
ed today.
Next week it is expected that in
creased activity will prevail in steel
mills of the district. The pipe max
ing plants Of the mills have enough
orders on hand to insure five
months of steady operation.
Yorktown gained industrially
when contracts we're awarded for
construction of three buildings
forming a plant for manufacture of
mineral wool.
Burned Plant Replaced
Following a $4,000 fire July 2
which destroyed the Standard Gas
ket Hardware Company plant at
Greensburg, operations have gained
steadily on an outdoor site and now
production is at normal. A new
building for the plant is under con-
struction. It will be ready for oc-
cupancy in few days.
The following summary shows
conditions in several Indiana cities;
Greenfield-The new plant Of the
Indiana Rayon Corporation is OPP
Grating steadily with a small force
which is being slowly increased.
Kokomo-An increase of 20 per
cent in August business over that OF
July is announced by the local Of
flee of the Western Union Tele-
graph Company. Directors Of the
Continental Steel Corporation this
week declared a SITS quarterly divl-
dend on all preferred stock.
Construction OF a
new park and summer recreation
center at site five miles north OF
here has been started by G. o.
clearinghouse, local grocer.
Mooresville-The Fall Greek Fur
niture Company of Mooresville has
bought the Smith, Day Company,
Indianapolis, chair manufacturers
for forty years.
Marion-The Commercial Printing
Company has been purchased by the
Peerless Printing Corporation.
100 Work in Factory
Attica-Employment has been
provided 100 persons in the plant
of the Wabash Valley Canning
Company.
Sheridan-N. E. Boyer has become
sole owner of the Hoosier Fence
Company through purchase OF in
terests of four other persons. He
also owns the Hoosier Post Com
pany, a Kentucky concern. Sales
of the company here for the first
six months of this year exceeded
those in the same period OF 1929,
Boyer announces.
PortIand-Construction of a $14,-
600 city fire station is under way.
Completion is set for Nov. l.
Goshen-Four bids ranging from
$175,575 to $4,000 for installation
of Diesel powered electric generators
in the city light plant are on file. A
contract will be awarded by the city
council'on recommendations of con-
sulting~ engineers.
Theater Sold for S95O,OOO
South Bend-The Palace theater
building has been sold for $95O,OOO
by the Palace Theater Corporation to
the Orpheum Theater Corporation,
subsidiary of the Radio-Keith-
Orpheum interests of New York. A
building permit has been issued for
erection of Plant B of the Bendix
Aviation Corporation, cost of which
will be $125,000.
HuntingtOn-The orion Crane
and Shovel Company announces
sales of $586,021.01 for the first six
months of 1880, compared with
SSH ,537.89 for the first half of 1929