Indianapolis Times, Volume 39, Number 289, Indianapolis, Marion County, 30 March 1928 — Page 7

MARCH 30,1928

PLAN FINANCIAL DRIVE TH BOOST INDUSTRY HERE Corporation Would Provide Funds for Helping New Firms. Plans for raising a $1,000,000 fund to develop Indianapolis industrially today were one step nearer realization following acceptance of a subcommittee report on plans for the Indianapolis Industrial Corporation at a meeting of the general committee Thursday. Various forms of industrial foundations were, suggested at the meeting. Committees to be appointed will consider these suggestions, investigate local possibilities, and report back to the general committee for action. The foundation plan receiving most favorable consideration was one similar to that employed at Baltimore, Md., but with various valuable points from other plans included. Sold 19,000 Shares At Baltimore 10,000 shares of SSO par common stock was sold by the corporation, funds being used to conduct a comprehensive industrial survey, to investigate possibilities for success of new firms and to assist in financing suitable films. The corporation would not attempt to finance wholly any industry, but by loaning a part of the needed funds, after investigation, would encourage banks to loan the remainder. The sub-committee preparing the report included Hugh McK. Landon, 1 chairman; James S. Cruse, Samuel j E. Rauh, Leslie Colvin and Broadhv.rct Eisey. Committees to be appointed in-j elude a committee cf ten to arrange j plans for and procure stock subscriptions; a committee of five to outline the plan to be adopted and prepare articles of incorporation, and an executive committee of five. Louisville Example. Three general 'types of operation were suggested. First, credit fund plan, drawing on subscribers as funds are needed; second, cash fund plan, having the money available for loans; third, financing service plan, helping new industries procure outside capital. Conditions in Indianapolis were contrasted by C. O. Thornberry, research worker and one of the original proponents of . the foundation 1 with Louisville. “Louisville bank clearings show $100,000,000 increase annually. Indianapolis clearings this year are $10,000,000 behind last year,’’ he said. “Indianapolis postoffice receipts last year in Indianapolis increased $2,150 while Louisville increased $114,018. “Indianapolis has many vacant homes. Constructive work is needed. Adequate--research work might have saved seme of the 200 incorporated firms which either have failed cr left the city in the last three years. He cited other Indiana cities having industrial foundations. No Criticism Intended. “Fort Wayne has a $1,000,000 1 fund nearly raised; Kokomo has $400,000 raised; South Bend and! Elkhart have started funds; Terre Haute has a $500,000 fund raised and Evansville has started a $500,000 fund. Huntington, W. Va„ has launched a $5,000,000 fund and Los Angeles, cal., a $12,000,000 fund. “Our keynote is to bring new industries here which will help other industries already here and which will succeed, Louisville obtained, among its twenty-one new industries last year, an enameling plant wdiich is saving other Louisville industries SIOO,OOO annually.” C. C. Hicks, temporary chairman, declared there was no inten-

SpecialSprinj&Selling Honey Beige, Rose Blush Patent, Black Suede Slippers of Unusual Arch Support Shoes Widths to AAA $2:?5 Children’s Shoes for EASTER

Slippers for Girls $1.50 $1.75

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Russ Aviatrix Plans N. Y. to Leningrad Hop

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Luba Phillips

Luba Phillips, Claimant of Altitude Record, Gets Backer. I By United I’rcss NEW YORK, March 30.-Luba rhillips, Russian aviatrix, is going forward with her plans for a transAtlantic flight this summer. She plans to take off from New York and fly to Leningrad. Her plane has not yet been selected, nor ha she chosen a flying companion, but her backers are said to have guaranteed her the funds with which to make the trip. Mrs. Phillips began her career in aviation during the World War. Wide publicity was given her daring flights in carrying medical supplies to the front. She is claimant of the world’s altitude record for women fliers. tion of criticising conditions here or criticising any organizations. Members voted for each present member to suggest names of at least ten other industrial, business and banking leaders as possible charter members. The committee included, in addition to the sub-committee members, W. T. Cannon, temporary chairman, president of the Railroadmen’s Building and Loan Association; C. C. Hicks, temporary vice-chairman, of W. H. Messenger Company; C. O. Thornberry, temporary executive committee secretary, research worker; Charles R. Yoke, Fletcher Avenue Savings and Trust Association, president; Mrs. Frank J. Lahr, representing women’s organizations; W. E. McKee, Automobile Underwriter, Inc.; Mark Gray, Indianapolis Commercial editor; Franklin Vonnegut, Vonnegut Hardware Company; Frank C. Williams, English Hotel manager; I. Kornblum, Pennsylvania. Street Merchants Association, president; Fred G. Appel, Gregory, & Appel; E. Clifford Barrett, Board of Trade president; Dr. Goevhe Link; T. B. Hatfield, Hatfield Electric Company; E.*H. Cassinger, Hibben, Hollweg Company and T. C. Howe.

Calkmses MW Quick, safe, sure relief from painful callouses on the feet. /'a BsVji vAt all drug and shoe storei I JHu D£Scholls WLM Zino-pads

BARRETT-WADE FURNITURE CO. SSS VIRGINIA AVE. FURNITURE, RUGS, STOVES, KEFKIGERATORS NEW anil USEI> Goods for Laboring People Cash or Credit Open Evenings

Sturdy Oxfords for Boys $1.95 $2.50 Wearing: Soles

Good Shoes for 75 Ycars 133 S. Illinois St.

New Easter Apparel for die Family—At a Saving DOWNSTAIRS * AYRES PHEMPABIE MERCHANDISE M AVKES SERVICE LOW PRJGPjg

OT\ Continuing the Sale of fy \L * Dresses a I \l Very p °P ular at l&sflm/ 2 for sls - \'■ Af Splendid selections of these treI® 11 ill ! I mendously popular spring dresses kSSj 1 I luk remain for Saturday shoppers—- ■ fpj|j i| ! 1 lj%TmT J Ti\ * up-to-the-minute spring styles Iklll Ipiil ' suitable for Easter wear, for ‘HH HHH. i ‘ ' I sports, for afternoons, for business and for general wear. Everyb I I one is remarkably well finished. \\ j O Ij\ Georgettes—Flat Crepes \ \ I ( \ Printed Crepes \ 1 j| I ’ Sizes for Misses, Women / i \ and larger Women v' V —Downstairs at Ayres.

Beautiful and Serviceable Substandards of gAL SIJ.K. Hose for Women Sold Exclusively Downstairs at Ayres in Indianapolis FULL-FASHIONED chiffon FULL-FASHIONED service stockings; pure to the weight stockings; pure silk to tops, with hsle reinforcement at points of wear. j welt . Pair s>l Pair v V * SERVICE WEIGHT hose stSkhiyo^purc’lnk' 1 wS ,th pure silk boot that ex- ,^ e wonderful hemmed top. gj $1.45

Children’s 7-8 and 1-2 Socks In Popular Color Combinations 25c 59c 39c

Pure silk 7 h socks in plain colors. Also fancy patterned socks of rayon. Irregulars. Sizes 7 to 9.

Children’s dainty half socks of rayon, with close-fitting tops; firsts and irregulars. Sizes 5 to Bti.

Boys’ Fancy Golf Socks —39c Pr. These are %-length golf socks in fancy jacquard pattern: smart colorings. Sizes 7to 10. Irregulars. —Downstairs at Ayres.

Girls’ Spring Coats

*° IQ^ Beautiful and very smart are these new spring coats for the school girl! They are well tailored, straightline models in good looking novelty tweeds. Fitted with convertible collar. Well made and interlined. In new spring colorings. Sizes 7 to 14. Crepe de Chine Frocks, $3.95 Charming one and two-piece effects; with and without collars; long and short sleeves; beautifully trimmed. A brand new shipment. Sizes 8 to 14. Girls’ Spring Hats, $1.95 Straight and off-the-face styles in plain and fancy straws, or crocheted rayons. Chic trimmings; good spring colors. —Downstairs at Ayres.

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Men’s Dress Shirts Splendid and -j <f* \ Value at *J[ | J '* T Pt yp Men, what a wonderful assort- \ ment of shirts to choose from! Vwf,' k s )■ / j(\ There are Scot weaves, Fulton .AM ) • \j£ jM I' \ \ broadcloths, and 80-square shirt- ■y/|t I |j|/I '\ U ings—fine heavy qualities, in a '!•/] i I ,i wide choice of snappy patterns in JV • 1/1' ' colors that won’t fade. And, of i 1 'l* .Wy course, there are plenty of plain whites. Every shirt is carefully tailored for perfect fit. Collar attached style; in sizes 14 to 17.

Men’s SEALSIUt Socks

50c Pr. Pure silk socks in plain colors and fancy patterns. Sizes 912 to 12. “Real Silk” substandards.

Men’s Fine Golf Socks

50c Fine rib mercerized lisle, or in part wool; light and conservative patterns. Sizes 10 to 11%.

$1.50 Part wool golf socks in medium rib and jacquard patterns. Beautiful colorings. Sizes 10 to 11%.

THE INDIANAPOLIS TIMES

Fancy jacquard, socks, knit or rayon plaited over lisle. In good assortment, Irregulars. Sizes 6 i to 9’L'.

25c Pr. Fine mercerized lisle socks in assorted plain colors. Substandards from “Real Silk.” Sizes 9% to 12.

$1.95 Fine quality, all wool golf socks in jacquard patterns or plain colors. Sizes 10 to 11%.

—Downstairs at Ayres.

Beautiful New Spring fl Dresses / At a Saving Price ■r $lO uSyUraM There’s a dazzling array of those nSHUH j charming new frocks, so becom- / ing for the Ea’ster parade. TwoIffllflßr piece styles, new straight lines, basque effects, tailored models. Smartly trimmed and well sins jj I ished in every detail. Sizes 13 to jA I — Flat Crepes —Prints • / I II —Georgettes —Radiums ' )|( *10? * n a R an e e °f Lovely //AllU Spring Colorings —Downstairs at Ayres.

New Spring Coats $10.95 to $25 ; These modestly priced coats dT\ are offered in a wide vaYyy , riety of the spring season's . *r' / smartest new styles—well \j" r. m. / tailored in materials that \Jk KpN I MM\ m / have won fashion’s ap- (M \ In BN to/ proval, and which will give jm W; \ \ f( •fwLL'jtf . f ine service as well. There j mffl i if THr' ' are the well-liked mannish I'W /-A I’Vlit'y’ styles, models for dress \l f/ / -I* and others smartly fur yoajmendl / j trimmed. Sizes 13 to 48. JHM —Tweeds ■ fpl \j —Broadcloth j j \ A —Poiretsheen 1 ' 1 J —Twill Cord ; j \ —Kasharine \ / Spring Colorings $21.50 ljN *—Downstairs at Ayres.

Women’s New Vestees

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cloth, in double-breasted style, with long or short sleeves, figures, checks and plain white. Sizes 36 to 44. —Downstairs at Ayres.

Charming Silk Undies

a. *1.95 These are lovely chemise, in plain tailored, embroidered and lace-trimmed styles; bodice top, with straps of rfbbon or self material. There are also dainty silk stepins with lace trimming. and some are hand-painted; pastel tints. Regular sizes. Crepe de Chine Slips, $2.95 Bodice tops slips with deep hems, trimmed with lace edging. Good heavy material. Sizes 36 to 44.

Women’s Bandeau Brassieres, 79c Very attractive brassieres of lace, with ribbon straps; in peach, white or pink. Sizes 32 to 38. —Downstairs at Ayres.

Children’s Ensembles

Children’s Coats, $3.95 Well made of tweeds and poiretsheen; straightline and aouble-breasted effects; interlined. Sizes 2 to 6 years.

a. *1.79 Very dainty are these new vestees—and in such a wonderful assortment of materials and colorings! There are single and double-breasted models in broadcloth, rayon, pique, linene and linen. Have short sleeves. In plain white and attractive prints on white grounds. Sizes 34 to 42. Sportswear Vestees, $1 Weil-tailored vestees of linene or broad-

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Wonderful $1 QC Values at JL • / Very dainty and quite practical are these ensembles for the tiny miss. They are remarkably well made of wash fabrics that will really wash—pique and broadcloth in smart printed patterns. Both coats and dresses are in simple straightline styles. Sizes 2to 6 years. Children’s Bonnets, $1.29 Elastic back bonnets of rayon or rayon and straw. Off-the-face and bonnet styles; nicely trimmed.

New Imported Coats, $5.95 and $7.95 Fine wool cheviot coat from England. Charming doublcbreasted tailored styles; full lined. Sizes 2to 6. —Downstairs at Ayres.

The Utmost of Charm in Dresses A Sv Modestly Priced at \ $16.50 'wU Here are our better spring frocks Vwk v J M : —in such a spiendid variety ot ' \Va i new styles that the most fas- IjlT" r Yj P 1 tidious woman will find it easy Mwvt j ‘ to make a selection. Daiqty ■'* i j party frocks, smart tailored IV-'* ' ’MsjRHi I awß models, new bloused effects and 'p' i g others featuring the new scarf 1 I ' —Prints —Georgette / \ \ 11 Sizes for Misses, Womeij \1 1' and Larger Women li LJI —Downstairs at Ayres. \ O P

Women’s Charming New Footwear Smart, novelty footwear for Easter wear is here in gratifying variety! Pumps, straps and tie effects in the very newest styles —expertly made of black patent and kid leathers in the new light shades.

A—One-strap model of honey beige kid; neat cut-out design on one side. qjCovered Cuban heel vDvJJ B—Black patent one-strap slipper with center buckle. Neat side A (j r cut-outs q) tl'•

Beautiful Imported Shoes Just newly arrived from Czecho-Slovakia where they were made by Bat’a, the master European shoe builder! This is one of the most tremendous shoe values on the market—with all the smartness of American style, com- . bined with painstaking European workman- K Ok ship. Choice of beautiful pumps, straps and % * >*** ties—of black patent or honey biege calfskin..

Misses’ New Strap Slippers, $2.95 Attractive black patent strap slippers in a choice of several styles} good wearing leather soles; rubber heels. Sizes 1 Its to 2, —Downstairs at Ayres; Women’s Rayon Undies From the SEAI.SU.K Mill

BLOOMERS—Proper fitting garments made of a very superior quality of rayon. Made with yoke front and elastic run in back. Well reinforced. Peach, flesh and orchid. ■* q Sizes 36 to 44. Substandards v 1 • 1 PRINCESS SLlPS—Durable, well made bodice top slips with picot shoulder straps, hip pleats and shadow proof hem. White, back, peach, flesh. Sizes 34 to 42. and * o Q Substandards P 1 •) V

New Easter Hats *3.95—*4.95 New spring millinery in fascinating array will greet the Saturday shopper as she enters Downstairs Store! Large, new shipments have been arriving daily from New York and Chicago—rushed so as to be here in time for Easter choosing. Thera are new, smart shapes—delightful trimmings gorgeous colorings—and every material that is fashionable and wanted. Among the best values we’ve ever offered! Other Spring Millinery, $1.95 There is also a wonderful assortment of hats at this very popular, low price—chic shapes, in all materials and colorings. —Downstairs at Ayres.

PAGE 7

C - Black patent buckle pump with medium or d>i nr spike heel D—Attractive honey beige kid pump with spike heel. Small buckle erna- dr nr ment in front

—Downstairs at Ayres.