The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-26
BUSINESS GAIN
SHOWS STRONG
AT EVANSVILLE
Factory Operations In
crease and Retail Trade
Takes Upturn.
BUILDING LOSS HEAVY
State Total for August This
Year Far Below Month
in 1929.
BY CHARLES G. STONE
state Editor. The Times

Great improvement in conditions
at Evansville was the outstanding
business development in Indiana
during the past week, a survey OF
the state completed today shows.
Several Evansville factories are
working at capacity; a few are on
an overtime basis and others have
increased production as much as
so per cent in the last few weeks.
Merchants report increased sales.
Furniture plants are among the
busiest of the city's industries. The
Gilbert - Bosse World Company,
through an official, Gilbert Bosse,
announces gains in the retail fur
niture trade. The Klamer and
Monitor furniture factories are at
70 per cent of normal production,
against 40 per cent several months
ago. The KargeS plant is on ca
pacity production and has been
since June, with 300 men employed.
Canning Output High
One Of the best canning seasons
in the states history is reported
from various points. 1t is estimated
the Stokeley Bros. plant at Upton
paid $250,00O during the season for
products canned and for laboT. The
Stokeley plant at Anderson paid
$4,000 for the two items, and the
factory will be enlarged in prepa-
ration for increasing output next
season.
Among important business pur-
chases during the week was that
made by the Cord Corporation OF
Chicago. which acquired the L. G.
S. Devices Corporation of indian
apolis, manufacturing an eser-run-
ming clutch, which Cord and Auburn
Automobile Company engineers are
studying with view to use in au-
tomobiles.
Indiana Ranks Twelfth
Building in the state during AL
gust continued at a low level The
total for the month this year was
S2,686, 900, against $6,195,000 for Au-
gust. 1929. Among the states lead
ing in building, Indiana ranked
twelfth. Nineteen cities were Gov
cred in a survey, and only seven
showed more building in August this
year than in that month in 1929.
They are East Chicago, Kokon1o, La
fayette, Logansport Michigan City,
South Bend and Vincennes.
The following summary shows
conditions in various cities:
Creenfield-The working force OF
the Indiana Rayon Corporation Is
being slowly increased.
EIwood-Full time operation is
now in effect at the MacBeth-Ev-
ans Company plant, glass manufac-
turers.
New Stone Company Formed
Bloonington-The COOPERATIVE
Sandstone Company has been
formed to quarry stone near Tar
rodsburg.
Terre Haute-The Smith Alsop
Paint and Varnish Company an
nounces sales for the first six
months of this year were equal to
those in the same period of 1929.
David M. Riff of the Freeman-Riff
Company. manufacturing Con"ey-
ing devices, has been granted
ustent on a new suspension bunker.
EIkhart-Two electric turn tables
will be built in the roundhouse of
the New York Central railroad here
at a cost of S125,OOO. Work on con-
sfructing additions to the Elkhart
packing Company plant; at cost
of $4,000. will be started late next
week.
La Porte-Purchase by the First
National Bank and Trust Company
Of all assets of the Peoples Trust
and Savings bank was the largest
transaction of the kind in La Porte's
history. All business of the en-
Isreed institutions will be trans
acted at the building of the First
National