Louisville Industries Aid Fund Seeks Growth Amid Campaign
The Louisville Foundation outlines stock drive results and future plans. Ayres details campaign costs, unsubscribed shares, and a 1924 office profit of about 20 000 dollars. The foundation approves industry moves after a five man committee review. It plans to leverage government securities to fund factory upgrades for Hoffman Heater Company and to maintain a revolving loan fund.
MENTIONED IN THIS ARTICLE
Ayres
Hoffman Heater Company
Lorain
Ohio
Foundation safeguards investors in Louisville against stock fraud
A Louisville official describes the Foundation's role in preventing fraudulent stock schemes and protecting investors. Directors may be called to intervene if a ward or industry within the Foundation’s reach declines financially, replacing risky promoters with orderly oversight. The Foundation shifted from preferred stock to first mortgage securities based on tangible assets after a $46,000 ore loss.
MENTIONED IN THIS ARTICLE
Ayres
Foundation
Louisville
Trolley Collision Injures Rider As Street Car Strikes Freight Cars
One man was slightly hurt when an inbound Brightwood street car collided with freight cars at Roosevelt Avenue and the Belt Railroad around 4 am. Motorman Fred Destal said braking failed on slippery tracks. Passenger Wallie Andrews, 65, of 2850 Adams Street, was taken home with injuries to the legs. The street car front was badly damaged.
MENTIONED IN THIS ARTICLE
Brightwood
Roosevelt Ave
Belt Railroad
Fred Destal
Ashland Ave
Wallie Andrews
Adams St
Fair program announced for Indiana State Fair
E. J. Barker of the State board of agriculture released the official plan for the Indiana State Fair starting September 7 for five days. Labor Day features include James J. Davis speech at 10 am, with Governor's Day on Tuesday and designated days for Mayor Indianapolis and Farmers. Each afternoon includes four Grand Circuit races and nightly horse show in the coliseum with a Cleopatra fireworks display.
MENTIONED IN THIS ARTICLE
E. J. Barker
State Board of Agriculture
James J. Davis
Indianapolis
Indiana
Cleopatra
Prices Won't Budge as Shelbyville Dispensers Refuse Increase
In Shelbyville Indiana on August 13 local soda dispensers and merchants opposed a 5 cent raise on 10 and 15 cent drinks. Confectioners refused to raise prices saying they cannot make anything at current prices and lament the lack of profit while customers seek normalcy.
MENTIONED IN THIS ARTICLE
Shelbyville
Ind
Also Mentioned on This Page
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Ayres En
Board of Trade
Kentucky
Greater Indianapolis
Wapolis
N. Pennsylvania St
R. W. Sanford
M. F. Clarke
Bessie Reid
F. A. Holmes
H. 0. McGee
Claude Johnson
Mayor Shank
Lewis L. Johnson
Ramus Stuart
John F. Walker
Lloyd Jeffries
Indiana Business College
Marion
Muncie
Logansport
Anderson
Kokomo
Lafayette
Columbus
Richmond
Vincennes
Chas, C. Cring
Ora EB. Butz
Fred W. Case
Cheljisinddila
Vermont
Pearson Piano CO
Pennsylvania Street
Boston
Stepin
Theo
Gingham
Dimity and Voile
New York
Lyons
L.S. Ayres & Co
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