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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 22, 1929
Page
2
Real estate in Indianapolis showed uneven momentum last week with some sectors active and others slow. Major deals included the Hartman Company’s sale of an eight apartment structure at 1558 60 College avenue to City Trust Company and multiple single family trades ranging from 3 to 6 thousand dollars.
New construction permits issued in Indianapolis total $726 000 for the week. Major projects include the Tower building at Market street and Monument circle valued at $490 000 and a new Indiana Bell Telephone exchange at 5747 East Washington street valued at $105 000. Residential permits amount to $111 000 across twenty one projects.
The D and D Transfer & Storage Company at 416 West South Street states every freight load is fully insured with prompt payment of all claims. It offers local and long distance service to Chicago St Louis Evansville Cleveland Bloomington Kokomo Bedford Muncie Seymour New Albany Louisville and other towns, with pickup and delivery to truck line railroad or traction line and a modern warehouse.
W Mitchell bought a residence at 421 North Walcott street, negotiated by Thomas O De Hart. G J Carson sold a 3718 North Capitol avenue home to W Begley. The Tucker Company completed several sales through H L Welch. A five room brick veneer bungalow at 3360 North avenue, built for Savings and Investment Co, sold to Ralph W and Ava Dunica for 5800. William Anderson bought a five room at 6153 Buckingham avenue for 4500. W F Copeland bought a four room at 4411 Baltimore avenue for 2900. A building complex at Elmira Thirtieth streets plus residences at 44 South Gladstone avenue and 912 South Delaware street changed hands via Paul L McCord. Francis W Peyne acquired the business property and traded to J S Cruse realtor for residentials. Frank L Bridges reported two deals. A five room modern bungalow at 1810 West Wyoming street near Rhodius park sold to Harry Dobbs for 5000. Bridges represented William L Bridges in a sale to O C Miller, who will start construction on a Pershing avenue lot near McCarthy street. Completion of three brick veneer bungalows at 754 810 and 822 West Forty third street in the Butler university district announced by William A Moslander.
Polar Ice and Fuel Company showcases highly efficient refrigerators built to its specifications. After three years of study, they contracted manufacturers to emphasize insulation, displaying units at 2000 Northwestern Avenue. Prices are at cost plus delivery, with deferred payment plans and approval by the National Association of Ice Industries.
A swarm formerly owned by late Dr. Charles James of the University of New Hampshire was found swarming on his grave in a local cemetery two miles from Durham. The bees had left their hive where James previously cared for them, prompting questions about whether bees learn to love their keepers.
International Machine Tool Company at 1124 West Twenty-first street reports orders sufficient to keep the plant operating at full force through September. It launches a new Libby International heavy duty turret lathe line for tungsten carbide tools, featuring duplicate tooling to cut production costs. The firm, organized in 1906, employs more than 10 skilled machinists. officers are O B Iles president E D Iles vice president and T P Dickinson secretary treasurer.
The article reports Prohibition prosperity for West Virginia Kentucky and Tennessee moonshiners. A 40 by 15 mile West Virginia strip hosts 65 stills triple their prewar size with chains of up to 21 stills run by three brothers yielding at least 900 gallons weekly and 16000 dollars in gross sales. Francis Pridemore cites prewar moonshiner background and details from the North American Review July issue.
A blaze in Brooklyn on June 22 forced about five hundred people from their homes as it swept a half block of houses and business structures. The fire caused estimated damage of $250,000.
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