Indianapolis Times, Volume 35, Number 237, Indianapolis, Marion County, 12 February 1923 — Page 7
MONDAY, FEB. 12, 1923
V J ELECTRIC LIGHT V ) AND POWER 1 . SERVICE J{ Merchants < Heat & Light Company C. O’B. Murphy, General Manager | The Daylight Corner • PLUMBING INSTALLED ON “The Buschmann Payment Plan” BY ANY RESPONSIBLE i?LUMBER FOR INFORMATION SEE August Buschmann & Sons, Inc. MA In 0973 11th and College Ave. Most Modernly Equipped Coal Yard In Indiana CITY ICE AND COAL COMPANY 720 E. WASHINGTON ST. 1213 BOOSI-A K 1.7 At E. Purchasers of WASTE PAPER NATIONAL PAPER STOCK CO. Cl rcle 40004001 320330 W. Michigan Bt.
John C. McCloskey Froprfy bought, sold, leased and managed Reliable and authoritative Appraisals made Valuations .Made lor Federal Estate Tax and Indiana Inheritance Tax <O7-9 Indiana Trust Building. Indianapolis Phone, Main 7030
MALT AND HOPS can of Malt Extract 65£ 4 ozs. of Oregon Hops 25£ 1 package of leaf Isinglass 10£ Six orders for $5.00 1 dozen orders delivered $9.00 Crown Caps, per gross 30^ Dry Malt, per pound 10<^ 3 pounds for 2o^ SUPPLIES OF ALL KINDS QUALITY IS OUR MOTTO. Malt-Ade Supply Cos. 12 Pembroke Arcade. Phone, Main 5526.
THE MANSFIELD ENGINEERING CO. 1011 Fletcher Trust Building Indianapolis, Ind. Contractors and Manufacturers of Pioneer Back Bump Gravel Backet*.
A BILLIARD TABLE FOR THE HOME Affords clean amusement for young and old. The Brunswick-Balke Collender Company 111 S. Pennsylvania St.
“The Yellow Wagon” and 100 Teams COAL ICE POLAR ICE AND FUEL CO.—B PHONES
LUMBER MILL WORK ONE BOARD OR ONE MILLION FEET Quality Service O. D. Haskett Lumber Cos. Phones—WE faster 0114, Auto. BR ookside 1415
Let us print your Announcement in new type, particularly adapted to your message. Our smart type effects create the atmosphere and establish the character you desire. Meilett Printing Cos. 475 Century Building MA in 4756 Foster and Messick FLETCHER TRUST BUILDING Telephone. MA in 6100 Surety Bonds and Casualty Insurance
Travelers’Checks LETTERS OF CREDIT FOREIGN EXCHANGE TOURS STEAMSHIP TICKETS Richard A. Kurtz, Manager. Foreign Dept. The Union Trust Cos. 120 East Market Street MAin 1576, 2853
F. E. TROSKY MERCHANT PLUMBER PLUMBLNG AND HEATING RA ndolph 1817. 2949 Central Avenue.
A FLOCK OF FORDS and A GANG OF MEN ALWAYS ON THE JOB Hayes Bros. PLUMBING, HEATING AND VENTILATING CONTRACTORS MAIN 2493 M-2492
SPINK ARMS HOTEL 410 North Meridian M A Kfaiity of Convenience. -INDIANAPOLIS’ NEWEST AND FINEST HOTEL. Unexcelled Transient Service—43 and up. One, two and three-room furoished apartments witli kitchenette, >IOO per month and up. Unfurlished apartments In our new addition, SSO and up; unexcelled case service; Table d’hote luncheon, 75 cents; Table d'hote dinner, $1.25; ilso service ala carte. Maud E. Grab Beauty Parlor Furniture and Supplies. Removed to 450 Century Bldg. Phone—Ll ncoln 8015
EXPERT ANALYZES IN VARIOUS LINES Railroad Men Fear Lower Prices Will Cut Down Mine Production, By JOSEPH WILD, United Press Correspondent CHICAGO, Feb. 12. —Western railroad men outline immense traffic until May. The Chicago % group of railroad traffic men hardly looks beyond May because of a fear that the coal traffic may drop seriously. Movement of coal on many roads form a heavy percentage of the gross tonnge, in some cases risng to 50 per cent during the winter months. Railroad men are afraid of lower coal prices that will cut mine production. Spring and summer coal, will, of course, be mined at top cost and the mines may refuse to pile up stocks until they sense the business situation against the winter. Despite various warnings of runaway markets in steel, wool, etc., 25 per cent of general merchandise remains at a low price as compared with wage averages. Railroads can no longer cover up their aggregate liberal net earnings and continue as a pillar of this extraordinary situation. The midwest has renewed Its faith concerning a reasonable spring rise in securities. The western public continues to regard the Ruhr affair with non-chal-ance that astonishes economists. Further aggressive announcements by steel leaders of a necessary price advance are received without remonstrance. Corn continues its advance toward the expected 85 cents per bushel. Com Drain on U. S. The world apparently will require 220,000,000 bushels of corn from Argentina and the United States in the next year, and Argentine old corn reserves are about exhausted. The indicated demand on the United States for 100,000,000 bushels of corn will about drain our supplies. Large hog supplies hold the Chicago hog down to the 8-cent average. The cattle market has answered to (he liberal number of rattle on feed Early in September prime steers averaged near 11 1 i cents. This was followed by a rise to around 13',* cents in November and December, whereas the current average is 10% cents. Western lambs hold well with a range of 12% to 15% cents. World export wheat supplies are large, but the trade Is awakening to the vigorous influences of the further rise in business. Gains of $2 to $1 per ton in steel products and 20 per cent in wool, etc,, do not mean $1 wheat, and wheat prices should hold. Among various conventions held In Chicago during the past week, the building supply men outline five years more of high rents and the lumbermen are confident of 102.1 as a year that will unfold quadruple aggregate profits when compared with former days.
SUPERIOR (n-™ MILLWORK • yi jy j. BURNET-BINFORD LUMBER CO. . Thirtieth anal. * |,r ,’-• v J 1 ,V hones 11.Vi nl. 0.Y00.'
We maintain an EXPERT service and rebuilding plant. Have your Marvel rebuilt into anew carbureter. Marvel Carbureter Sales Cos. 926-28 E. Washington Street Drexel 0172 ■ ii ■ I. ii - ■ n i .1. The BRUNSWICK Equipped with the ULTONA allrecord reproducer and all-wood tone AMPLIFIER, is the world’s most perfect Phonograph. Brunswicks are Mechanically Perfect. Brunswick Shop 124 N. Penn. Sit. Opposite Keith’s
W. S. FRYE TRANSFER CO. rhone MAin 3535 Lincoln 4104 We Haul Anything
THE INDIANAPOLIS TIMES
Coal Stored in Elevated Tanks
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ACTIVE COAL COMPA NY’S IMPROVEMENT
The Active Coal Company, yards at Fourteenth St. and Senate Ave., is installing a battery of eight circular elevated tanks, reinforced with steel, making the plant fireproof and providing a storage capacity of 4,000 tons. “The trolley carrier, electrically operated, is a labor saving equipment of proven merit,” says W. M. Bosley, secretary of the company. "A regulation coal car with hopper bottom Is spotted beside the coaling
CARBURETOR BEST AUTOESSENTIAL Indianapolis Invention Makes Motorists Happy, George E. Nelson of the Marvel Carburetor Sales Company says motorists realize proper oarburatlon is an essential In good car Hbrvice and for that reason are paying more attention to this subject. "People appreciate the prompt and efficient service our corps of experienced carburetor experts turn out,” he says. "Our own carburetors are simple, easy to adjust, economical, reliable and adaptable to all conditions of fuel, weather, load and road. "Drivers come into our service station at 926 E. Washington Bt. with motors In what they consider to be hopeless conditions. Our service men are able to adjust them correctly and send the drivers away with confidence and pride In their smooth running cars. “We are proud that the Marvel carburetor Is an Indianapolis invention. The present manufacturing plant is located at Flint, Mich.’* MEW EQUIPMENT MEETS BETTER BUSINESS PERIOD A banner year In the malt and hop business is predicted for 1923 by Carl T Walters of the Malt Ade Supply Company. Reports from all parts of the country Indicate substantial improvement in business over 1922. Eighty-five per cent of the 1922 crop of hops in Oregon is already sold, and the price is on a rising market. Last year’s crop is reported as two-thirds normal. To handle pasteurization of malts, Walters said the Malt Ade Company has installed equipment necessary for the complete process. This Improvement enables the consumer to keep malt indefinitely.
Belmont 3700 O’Donnell Transfer Cos. Transfer and Trucking. Heavy Hauling and Safe Moving by Expert Riggers. Overland Truck Service. 1503 W. Washington St. ■' ■ " i- ' i Phone, Main 3057 THE WHITAKER PRESS Inc. “Printing Done Righr Fifth Floor Print Craft Building 223-25 North Jersey Street Hand-Made PIES There are none like them anywhere. Ward-SaxterPieCo. 203 N. Delaware St. Convenient for Market Shoppers.
pit and dumped. Through a quadrant undercut gate the coal is withdrawn into the bucket (two-ton capacity) hoisted to a position beneath the cable and carried to the disposal point. Fifty tons of coal can be handled an hour. “The steady natural growth of Indianapolis has materially increased the consumption of coal. The field is a big one. We are pleased over possibilities.”
ME PAPES AS BUSINESS AUGUR Good Prices Are Being Paid for Old Stock, General trend of business conditions is reflected in the purchase and sale of waste paper, according to Howard M. Muller of the American Paper Stock Company, 337 W. Market St. Ho reasons: “There Is no business that does not use paper In some form or other. This paper eventually Is thrown away and Is sold as waste. As business conditions Improve more paper is used. “As the market price rises more paper is offered to us. “The paper market has been very uncertain. but in the past month has reached a basis and maintained a fair average. At present we are paying a good price for stock offered us. "Many Individuals and business bouses have found a profitable source of revenue from the sale of old ledgers, records, flies and waste paper, especially during the spring clean-up period. Tills waste is called for by us. “The outlook for a banner year seems certain.” HAULING HEAVY GOODS IS MADE SPECIALTY O’Donnell Company Employs Riggers to Handle Safes. The ODonneJl Transfer Company, says T. R. O’Donnell, president, makes dally overland hauling trips by truck between Richmond and Indianapolis. "We specialize In moving heavy machinery' and safes,” bo adds. "Riggers take care of this part of our trucking. It’s a big Job to load a piece of machinery and have it delivered at Its destination with all parts in true relation and good running order. “Our business has made a fine growth since we have been established In Indianapolis.”
One of the LARGEST—One of the BEST! Rent a New Ford —Drive It Yourself Touring Cars SAUNDERS Coupes Roadsters Drive It Yourself Sedans rhoiie Circle 6326. SYSTEM 330 N. Delaware St.
For Your New Home! Pictures or Mirrors, Etc . To Suit Any Taste or Pocket Book, See Lyman Bros. 223-225 E. Ohio St.
. I*j. iO 1 From Kentucky, West Virginia, V*rO<£ti Illinois and Indiana Fields Service and Quality ACTIVE COAL CO. FOURTEENTH AND SENATE. Phones—Yard, Circle 7012. Office, Lincoln 8636.
For Service Pall the Capitol Transfer Cos., Inc. Heavy Hauling Contractors General Hoisting and Rigging— Boilers, Smoke Stacks, Machinery 126-28 W. New York St. Main 5319. I. R. Skinner, Manager.
Indiana Billiard Company Inc. Complete Line of Billiard, Pool Tables and Supplies. For Home, Club or Public Hall Roy L. Marsh, President 8-10 Pembroke Phone—Cl rcle 4738.
BRIGHT LINING TO TRADE DESPITE BE FAILURES Economist Analyzes Figures and Sees Approach of Normal Conditions, By United Financial BY DR. LEWIS J. HANEY Director, Bureau Business Research, New York University NEW YORK, Feb. 12.—1 t has been widely announced that the number of business failures in January was very great and this is bad sign. Study of the facts shows figures do not lead to pesslsmistic conclusions. Each year failures increase in December and reach a seasonal minimum in January. These are the months in which business troubles generally come to a head. More than this, the number of business firms constantly is Increasing and naturally the total number of failures will constantly Increase even though the percentage of failures remains constant. 2,120 Failures In Month In January this year there were .1,126 failures. It has been noted this }s the first time failures have crossed the 2,000 mark since last AprlL I have estimated the normal number of failures in January would have Leon 1,722, which figure allows for the normal increase In total number of firms and the usual swelling of the failure crop In January. Thus, the excess over the normal number for January was only' 404. The point to be emphasized is this: The small excess over the normal numl>er. With the exception of last Dei cember It Is the smallest excess of ' failures over normal since September, 1921. Tims the number of business failures. which Is a valuable Index of business conditions, really shows Improvement. It Indicates we are steadily approaching normal business conditions. Pig Iron Increase Another index is pig Iron productions. This generally Increases or de- ; creases as conditions improve or grow worse. In the month Just past, pig iron production was double that of January, 1922, Other contributions to the bright side of the plctifre are the turn for the better In railway operation, arrangement for settling England’s debt to us, and the firmness of the general i price level. The showing made by the western carriers has been particularly encouraging. Car loadings have broken seasonal records. Earnings statements show roads have recovered from effects of the shopmen's strike and give ground for hoping that this year they ; can pay a fair Yetum on invested capital. which will be a good thing for everybody. Fringed Parasols Fringed parasols are a novelty this season. The fringe may be heavy silk or may be wooden or glass beads. Sometimes a design is worked out on the fringe and the rest of the parasol is kept quite subdued.
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W Patterson Engraving Cos. FOPMEqi.V INDIANA ELECTRQTVPg CO. 93 "West Street Indianapolis. Jnd.
Greater Service to Indianapolis The extensive resources of A. B. Meyer & Cos. and the Indianapolis Mortar and Fuel Cos., together with the EXPERIENCED SERVICE of both companies combined, is available for your needs and requirements for fuel and building materials of quality and stability. ALLIED Coal and Material Cos. 407-8 Odd Fellow Building Main 2440. LI ncoln 7581 LIGHT and POWER CALL LINCOLN 2371 A Representative wall call to assist you solve your Electrical problems. Indianapolis Light and Heat Cos. Home Company. 43 Monument Circle. Edison Service
HELM-LEWIS Quality Blocks Concrete Products, etc. Capacity 3,600 a Day. Two Big Plants 14th and Fall Creek. Main 4967
Attention — Wire Wheel Owners Now is the time to have those wheels taken care of. We replace broken spokes and tighten up wheels.. Call us for Prices and Information. Indiana Wheel and Rim Cos. 40 Wert North Street. Cl rcle 7345
Automobile Glass Replaced While You Walt Building Glass of All Kinds Indianapolis Glass Cos. 1002 Kentucky Ave. Clr. 7727
INTERSTATE PUBLIC SERVICE CO. 14 —Limited Trains Daily—l 4 Between INDIANAPOLIS and LOUISVILLE ——MM—I”II ——— l I “Npne Better Mill Work" SPEEDWAY LUMBER CO. LUMBER AND BUILDING MATERIAL Our Truck Service Covers Marion County Herbert E. Hill, President Belmont 2000 Is Your Fire and Casualty Insurance Adequate? Let Us Solve Your Insurance Covei*age IT PAYS TO INSURE WITH AN OLD ESTABLISHED OFFICE THEODORE STEIN, JR. GENERAL INSURANCE 240-44 Consolidated Bldg. MAin 3433—3434 b T --~ 1 111 1111 111 111 11 mi ii. 11 mm 1 1 in ■ f 1111111—is— HIGH BLOOD PRESSURE The treatment by means of electric currents, especially the high frequency modalities, has now become as firmly established as with drugs, and today these currents are known and appreciated for their value. High Frequency Will Reduce High Blood Pressure The Indianapolis Hydro and Electro Therapeutic Institute Peoples Bank Building Male Attendants Female Attendants 132-36 Market Street Suites 717-718-719 Indianapolis, Ind. Phone Lincoln 3024 Office Hours, 9 a. m. to 5 p. m. W. W. WISE American Construction All Kinds of Brick Work Company 206 Indiana Trust Buildinn 1201 E ’ GEORGIA - r.xei M4i. _. , * Streets, Sewers, Bridge., Concrete. Circle 4m Sand and Grave i. ‘ ’ WASTE PAPERS Buy All Kind, Mein 6089 American Paper Stock Company Incorporated Bedford Stone & Construction Cos. Contractors—Engineers 810*15 F etcher Savings and Trust Building Indianapolis Indiana. ' ' H. H. WOODSMALL & CO., INC. GENERAL INSURANCE—SURETY BONDS “We Insure Everything but the Hereafter.” FIDELIpf TBUST BUILDING
Ask for Browder’s Ice Cream Everybody Says It’s Good e give special attention to party orders. Browder Ice Cream Cos. Main 5595. 918 N. Senate
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