Indianapolis Times, Volume 40, Number 64, Indianapolis, Marion County, 4 August 1928 — Page 14

PAGE 14

jrjjfmm Kate: A cardboard carton of _ ff iWu Polar Cubes of sterilized tK/Ktf, jJig m, ice is the sure way to keep summer beverages pure J \ Queen: And the fact that % A Polar will deliver a box Hi \raDk of ice cubes on receipt of It ftjSaßl 3 phone call enables every Njft.family to have ice for „ _ . . . table service whenever it Kate and Queen have worked for Polar over 26 years—and ,s neeaea. have never yet found anything to kick about. POLAR ICE and FUEL CO. Phone TAlbot 0689

MOYNAHAN PROPERTIES COMPANY 710 UNION TITLE BLDG. Lincoln 3458 RHey 1371 OPERATING 22 Apartment Buildings in Selected Locations ALSO COMMODORE APARTMENTS 30th and Meridian Sts. ALSO AMBASSADOR APARTMENT HOTEL Pennsylvania at Pratt St .Furnished and Unfurnished Apartments $57.50 —$125.50 Month. Fricridalre Equipped BEAUTIFUL APPOINTMENTS—FRIGIDAIRE

Indianapolis Terre Haute Sr* 1 Rll*y 2 0 u5 Telephone Lincoln 1733. HOOSIER TffiffPjRTATION Cos. SnecLal Weak-Sad Bates Call A. 1.. Harman Coaches Southport 33-J-2 Time Lt.! | 6;40a. m.) 8.-15 110:15 113 m. | Bsl6 p> m. | 4:00 | 5:8 | 9:48 Sun. only

SAFE TO ORDER

Made in Indianapolis

WASTE PAPER Lincoln 3588 WE BUY ALL KINDS American Paper Stock Company Incorporated

The Langsenkamp-Wheeler Brass Works Brass, Bronze and Aluminum Castings, Rough and Machined Phosphor Bronze Bushing Stock on Hand 1200-66 SHELBY STREET Tel. Prexel 1525 Indianapolis, Ind.

C. C. SHIPP & COMPANY Manufacturers of the D-I Ventilating Radiator Units Indianapolis, Indiana, U. S. A.

BAYNHAM & CO. General Contractors H. ZIGLER DIETZ Architects and Engineers 609 Chamber of Commerce Bldg. Phone Li. 8635

Charles E Jefferson Dredging Contractor 33 Union Trust Bldg.

fmich lurnitwreQ)\ ! ; \ r 3/6 to 3J6/ West Morris St. || \ Open C/nfii 9 P. M. I Parking Space — No Time Limit 9 Phone Dr. 7330. Savings -4re More FACTORY STORE''

TBANSFEB CASES—STEER SUPPLY CABINETS TpINESSF^UK^fQ EAST • §£L'‘4==]H*flJ INDIANAPOLIS MARYLAND ST." — Lincoln 8561 - ~ ~

C & G FOUNDRY—PATTERN WORKS Brass, Bronze and Aluminum Gray Iron, Semi-Steel Castings Patterns of Every Description BRASS .FOUNDRY AND MAIN OFFICE—IOI6 KENTUCKY AVENUE 'Lincoln 1119

Indiana Condensed Milk Cos. Producers of Wilson’s Milk

Independent Reinforced Concrete Pipe j “Builds permanent, low cost sewers jln cities all over the country.” A local product used nnd known nationally. INDEPENDENT CONCRETE PIPE CO. 201 N. West St., Indianapolis

CRESCENT EXCELSIOR MILLS Mfgs. anil Jobbers of Excelsior Crescent Excelsior • Machinery Cos. Mfgs. of Knife Equipment High Speed and Alloy Steel Hardening E. Pratt Si Belt R. R. Phone, CH. 6810

CONSIDER RULES FOR PROTECTION OF INVESTORS Call Parley to Determine Safeguards on Trust Securities. Indiana investors’ dollars will be guarded from unscrupulous exploitation of a new'investment planinvestment trust securities—by rules to be drawn up by the State securities commission after a conference with security dealers, bankers and economists here next Wednesday. Dr. Leland Rex Robinson, professor of economics at Columbia University, New York, economist of international repute, is to explain the investment plan now sweeping the country, in an address on “Investment Trusts: Retrospect and Prospect,” The meeting will be held in the Senate chamber in the Statehouse, 10 a. m. Aug. 8. Dealers Will Attend More than 300 registered security dealers in the State and members of the Indiana State Bankers’ Association have been asked by Securities Commissioner Wallace Weatherholt to attend the session. “The investment trust security plan will be ‘taken apart to see what makes it tick.’ " said Earl Coble. chief examiner of the securities commission. “This form of security is old to England. Scotland and other European countries but comparatively new in the United States. “That is the reason why we must formulate rules governing registration of these companies before they operate in Indiana. In the last year probably 150 investment trust organizations have been formed in the United States. Only six of the fifteen which have applied for registration in Indiana have been approved." In general, the new invesment plan provides for purchase, on a rather large scale, of blocks of stocks of reputable, long-established corporations. These then are pooled under a trust agreement, and "units” of interest sold small investors who receive their dividends quarterly from the trustee bank. Rules Are Necessary Investment rather than speculative stocks are bought and the plan has proven sound where properly safeguarded, it is said. Rules are necessary in granting registration, it is pointed out, to insure that “units” are sold at a price justified by actual market value of the securities behind them, and that trust and dividend-paying arrangements are satisfactory. Cedric H. Smith of Smith, Burris & Cos., Chicago bond house, will further explain the new form of investment. C. Oliver Holmes, president of the State Bankers’ Association, will speak on “Investment Trusts From a Bankers’ standpoint,” and other bankers will be heard. By virtue of his office, Secretary

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Try an Burn It! Johns-Manville Roofings for Every Purpose General Asbestos and SUPPLY CO. Inc. 426 S. Meridian Phone, RI. 9419

Allied Coal and Material Cos. RELIABLE BUILDING MATERIALS Allied Bldg. 14 West Ohio St.

FINANCIAL SERVICE Rendered for all worthy purposes and needs. Bring your financial troubles to us. Our years of service can be helpful to you. Industrial Loans .ip to §300.00, on Autos, Pia-os, Furniture, etc. CAPITOL LOAN CO., 141 >/ 2 E. Wash St.

Hare Chevrq|£t (jompany pkme RI- 5525 540 E ST. Ph,W 1Y5523

Robert Berner Structural Steel Cos. FABRICATORS AND ELECTORS STRUCTURAL STEEL AND PLATE WORK FOR BUILDING CONSTRUCTION 401 S. Harding St. Phone BElmont 0373

THE INDIANAPOLIS TIMES

Normal Feet Aid to Body Health, Says Specialist

Dr. Joseph Lelyveld Arrives in City to Direct Contest. “The normal foot affects the health of the whole body in the most favorable way,” declared Dr. Joseph Lelyveld, director of the Normal Foot Contest of The Indianapolis Times today. Dr. Lelyveld is the author of several books on the care and treatment of the feet, and widely recognized as an expert podiatry. “The purpose of the foot contest we are conducting here is not only to determine just who has the most perfect feet in Indianapolis, as to arouse every women in the city to a realization of the important part the feet play in the general health.” A study of the photographs of the feet of entrants in The contest indicated that Indianapolis women have exceptionally well-formed and well cared for feet, Dr. Lelyveld said. All entrants in the contest may have their feet photographed without charge by coming to The Times office between 11:30 and 1 any day. The contest closes Thursday, and contestants whose feet are judged eligible for entry into the finals, Friday night, will be notified when to appear by The Times. Several handsome prizes will be awarded to the winners and in addition. the city's champion will be eligible to compete in the national^ of State Frederick E. Schortcmeier alone comprises the State securities commission. Rules for the guidance of the department will be formulated at soon after the conference as possible.

AWARD PAVING JOB Abel Brothers Get Alley Contract. Abel Brothers today received the contract for paving the alley west of Dorman St., between New York and Vermont St,, from the board of works. Price for paving with concrete was SBB9. The improvement will be completed Sept. 25. Works board resolutions adopted this week: Eastern Ave.. Bloyd Ave. to Pruitt St., paving: Hovey St„ TwentySecond St. to Twenty-Fifth St., paving: Jefferson Ave., Bloyd Ave. to Green Briar Lane, grading and paving walks; Sheldon St., TwentySecond St. to Twenty-Fifth St., paving, and Greenbriar Lane from Hillside Ave. to Jefferson Ave., local sewer. Resolutions confirmed: Harding St., Thirtieth to ThirtySecond St., paving; Ethel St., Thirtieth to Thirty-First St., paving; North St., West to Blake, resurfacing: Herschell Ave., Harding St. to Riverside Dr., paving; St. Clair St., Sampbell Ave. to Arlington Ave., curbing and walks; Charles St., Wilkins to Morris St., paving; Hadley St., Agnes to Hiawatha Sts., paving; Patterson St., Michigan to Walnut, paving: Oakland Ave., English to Meredith St., local sewer; Dearborn St., English to Newton Aves., sewer. A field ant- has been known to hold in its jaws a weight 3,000 times heavier than Itself.

Cherry 0217 MR. LONGEKICH of 1231 N. CATONE want nil lo reroof his home, so n.v* turnlly he enlleil J. F. BOEHM TINNING and ROOFING Let Uh Estimate Your Roofing and Tinning Reijuirenieiils—Prices Right, Here Slnre 1908 CHerry 0217 2326 E. 10th St.

Your Old Age Can Be Comfortable IF you live, and IF you keep your health and IF you Invest lurklly Our Investment Specialists can provide for the last two IP’s. HERBERT E. HILL RI 9018

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Dr. Joseph Lelyveld. noted foot authority and director of public information of the National Association of Chiropodists-Podiat-rists, arrived in Indianapolis today to direct the Normal Foot Contest of The Indianapolis Times, backed by the association. contest against winners of similar contests in other cities. Get your entries in the contest early.

CARS TO SPEED UP Faster Service to Muncie Starts Sunday. Faster service between Indianapolis and Muncie, with no change in departures, is scheduled on the new time card of the Union Traction Company, effective Sunday. The schedules on this division have been speeded up from five to ten minutes, affecting all trains to Muncie, including through service to Bluffton and beyond, via Muncie. New schedules can be procured at all ticket offices. There are changes at most stations. On the new schedules are two fast through trains daily in each direction between Indianapolis and Marion, in addition to one through bus each day—all other trains making either train or bus connections. and three fast “Hoosier Limited” trains daily between Indianapolis and Ft. Wayne via Muncie. in addition to five other through express trains. Besides the service via Muncie to Ft. Wayne, there are three “Wabash Valley flyers" via Peru, and two other connecting express trains. making thirteen trains daily between Indianapolis and Ft. Wayne. REALTY'TRADE STRONG Realty sales continued in fair volume this week the Indianapolis Real Estate Board survey shows. July transfers amounted to $1,231,210.22 as compared to $525,884 in June. Board members say that the July figure was unusually high. Among the local realty companies incorporated during the week was the Charles R. Ettinger Construe* tion Company, headed by Realtor Charles R. Ettinger. The company was formed to build the new Delta Upsilon Fraternity house, a SIOO,000 project at Greencastle, Ind.

LINCOLN 6113 Vaser Machine Company General Machinists PRINTING AND BINDING MACHINERY Erecting. Repairing. Rebuilding 424 S. Pennsylvania St. Indianapolis, Ind.

The Home of DUCO Made By DU PONT For Automobile Finishing and All Household Uses Duco Corporation of Ind., -Inc. 425 N. Capitol Ave. Lincoln 8753

Strathmann Construction Cos. general contractors-engineers 712-15 Meyer-Kiser Bank Building Tel. LI ncoln 5021

ROOFING SHEET METAL EVERY TYPE ALL KINDS HENRY C. SMITHER ROOFING CO. 430 S. Meridian St. Lincoln 4937

JULY TOTAL OF NEW FIRMS IN INDIANA IS 394 123 in Indianapolis Listing by Business Digest Shows. Tliree hundred and ninety-four new concerns started operation in Indiana during July, according to a listing released today by the Business Digest from the Indiana Clipping Service. 215 E. New York St. Os the total 123 were in Indianapolis and 271 in other towns of the State. The summary also shows that the Digest listed seventy-four expansions during the month, twenty of which were in this city; sixty-seven location changes, twen-ty-two here, and eighty-two changes of ownership, four of which were in Indianapolis. Branch stores and agency offices lead the new list here with a listing of twenty-five. Realty and loan companies numbered thirteen brokers and wholesalers eight, business buildings and apartments eight and filling stations seven. Approximately this ratio was maintained throughout the State. Other new business here was listed as follows: one airport, four automobile agencies, five bakeries and delicatessens, six banks and associations. three beauty and barber shops, two building supplies, one clothing store and shoe shop, two clubs and places of amusement, one construction company, one doctor and dentist, two drugs and confections, one employment agency, one engineer, two furniture stores, seven grocieries and meat markets, one ice and coal, three laundries and cleaners, three law firms, one machine shop, one oil company, one public utilities, one printer and publisher, two repair shops and garages, four restaurants and 1 lunchrooms, one sign shop, two undertakers and florists, and three warehouse and storage companies. Outside Indianapolis leading cities and new business for July were: Anderson. 11; Bloomington. 6; Columbus. 6; Evansville, 9; Ft. Wayne, 21; Gary. 8; Kokomo, 7; Muncie. 6; New Albany. 8: Richmond, 6; South Bend, 16; Terre Haute, 11, and Vincennes, 6. BUS EXTENSION DENIED ! Commission Holds Interurban Traction Sufficient. i Holding that facilities offered by ! the Terre Haute, Indianapolis & | Eastern Traction Company are ade- ! quate, the public service commisj sion Friday denied petition for exi tension of bus service of the Hoosier j Transportation Company from Stop 1 e‘a to Tremont on the Rockville Rd. i The commission announced an or--1 der would be issued soon denying a j petition by Valparaiso citizens askj ing modification of an order grantI ing sale of the Northwestern Indiana Telephone Company to the Crown Point and Winona Telephone Companies. CommLssioner Howell Ellis had pointed out *ce commission was powerless to prevent the sale after the Lake Circuit Court had .approved it by countermanding the commission's order.

Omar Bread “Oven to Home” Special Cakes for Special Occasions Call Miss Young, Li. 3538 OMAR BAKING CO. 901 E. Sixteenth St.

©Use “Burt Cups ForSANITARY DRINKING SERVICE For Offiice or Factory Ask about our free dispenser offer Phone, Riley 6902 Ostermeyer Paper Cos.

MODERNIZE YOUR PROPERTY WITH SANITARY PLUMBING There are thousands of Indianapolis property owners who do not put in needed plumbing simply because they do not have the ready cash. Indianapolis plumbers are installing plumbing on the Partial or Easy Payment Plan and EVERY INDIANAPOLIS PROPERTY* SHOULD HAVE MODERN SANITARY PLUMBING. CONSULT YOUR PLUMBER! Indianapolis Water Cos.

There is no substitute for ICE. If you want dependable refrigeration, USE ICE. Artificial ICE & Cold Storage Cos. Main Office, 316 W. Ohio St. Branch, 42d &Monon Ry.

We Want You to Know All About Union Traction SERVICE If You Will Kindly Cali Mr. Gaven Stuart Div. Pass, and Frt. Agt. Phone RI ley 9692. Mr. Stuart will be glad to supply you with all possible Information regarding the various services which the UNION TRACTION organization Is prepared to give. Transportation: Passenger, Freight, Express Union Traction

,^piroLflryruEic# Building Material and Coal, L y '/■ Lime, Cement, Plaster, Lath, f rr fir ‘ rvi* ** re Brick, Sewer Pipe, & I ■ Drain Tile, Mortar Color, Cement f jTOf rrnrrrßlocks, Flue Lining. I sfaf* and DeLoss Sts. DRexel 0263 -

THE TWO MOST CONVENIENT DOWN TOWN GARAGES MEKIDUX GARAGE CENTRAL PARKING GARAGE 210-218 N. Meridian St. 27-41 Kentucky Ave. “Across from the PostolTlce” “Across from Lincoln and Clay pool’

1887 THE RAILROADMEN’S 1928 BUILDING AND SAVINGS ASS’N. NO AGENTS—NO COMMISSIONS j *l-23 Virginia Avenue

# Wholesale Hardware Van Camp Hardware & Iron Cos. Indianapolis

, pmL Chanel C\tA/TFD/Oa. \OECOQATOaj) RI ley 3614 552 Massachusetts Ave. Let Ts Beautify and Complete Your Home

DETECTIVES Quigley Hyland Agency Inc. Consultations Free Ri. 9596—9597 801 Guaranty Bldg. ■

CHARLES McGARVEY PLASTERING CONTRACTOR ESTABLISHED 1893 5264 Washington Blvd. Phone Humboldt 4582

Auto Accessories Capitol Auto Parts and Tire Cos. 821-23 N. Illinois St. Lincoln 6098

CENTRAL TRANSFER and STORAGE CO. . ESTABLISHED 1887 COMMERCIAL TRUCKING FORWARDING WAREHOUSING DISTRIBUTING 118-132 S. Alabama St. Riley 9384

Printers /EVEyPrINTING Cos. Stationers Shield Press LITHOGRAPHERS Phone Lincoln 3377 230 West Ohio St.

_AUG. 4, 1928

We H4*ilAnythW WSFRYC LI. 3737 27 S. ALABAMA STREET

Eat a Dish of Ice Cream Every Day “Cream of the Town” Is Made of The Best Jessup & Antrim Ice Cream Cos. Riley 5401

Joseph Gardner Company ROOFER AND SHEET METAL CONTRACTOR Riley 1562 147-153 KENTUCKY AVENUE

Hours: 10 to 12 a. m. 2 to 3 p. m. 7 to 8 p. m. Other hours bv appointment. Phone Drexel 6419, E. M. RYAN, D. C., M. C. FOUNTAIN SQUARE CHIROPRACTOR 1066 V& Tlrginla Ave. IniliiirmpollH