The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-22
Business
and
Finance

+ nance
ST. LOUIS, Mo, Nov. 22.-The
st. Louis-San Francisco Railroad
today announced building contracts
on $12,000,000 worth Of railroad
equipment.
President j. NJ. Kurn said the
equipment order was the largest
of the line in two years land EVIL
dence of the company's belief ir
good business conditions throughout
$780,"
Directors of Real Silk Hosiery
Mills, Inc. today declared the regu-
lar quarterly dividends of SIPS a
share on the common and sits
a share on the preferred stocks
both payable January 2 to stock
holders of record Dec. IS.
Rudolph Guenther-Russeil Law, Inc,
reports net profits for the three months
period ended Sept. 30, 1923, adjusted
to give effect to the recent financing of
With the 1928 third quarter report, pre-
pared in like manner, which showed
net profits after all charges of $780,
ended Sept. 30, adjusted on similar
spprcxim ateiy ss.s4 a share on the
10000 shares of So par value common
stock outstanding.
Net income. of the North American Car
SorPoration for the three mo oT5,a en zee
eral taxes, was s2Os 1871. an increase OF
81 per cent over the corresponding period
of 1923, Henry H. Brigham, president,
announced today
Available for dividends and manage
ment profit sharing for the year ended
With si9i5,ss7 for last year, an increase
of 81 per cent. These earnings are
equal to S6.12 per share on the 81, 131
sept. go %. i iS as Compared With $45i
per share on the basis of the same
number Of shares last year. After de-
share of profits, earnings are equal to
S5.67 per share for 1929 as compared
with 1896 per share last year after
management profit of s1S5,000.
western Power Light and Telephone
Company has authorized an issue OF
as part of program of expansion. The
company operates large group of cleo
trio. gas. water. ice and telephone COM
panies in Missouri. Kansas, Oklahoma,
Directors of the Public Service Cor
poration Of New Jersey have declared
the regular quarterly dividend of 65
cents share on the no par value COM
mon stock for the quarter ending Dec.
81, 1929 Regular quarterly. dividends
have also been declared at the rate of
So per share on the per cent cumula-
tive preferred stock, at the rate of S1.75
share on the per cent cumulative
preferred stock. and at the rate of s1.25
a share on the So cumulative preferred
stock. All these dividends are payable
Dec. 81 to stock of record Dec. 2.
Dillon. Read & Company. as. sinking
fund trustee for the Republic of Poland
25-year sinking. fund external per cent
notice calling for the semi-annual re-
demption of $1,000 of these bonds for
the sinking fund. They have been desig-
1890 at price of los and accrued in
terest.
Directors Of G.. C. Murphy Co. have
of 80 cents a share on the common
stock payable Dec. to stockholders of
record Nov. 20.
called a Special meeting Of stockholders
for Nov rs to o increase the he aqthorzed
capltal from 1o,OOu TO loU,OUU SnareS OF
no par value common stock and to in
crease the number of directors. The pur-
pose OF the inckeased stock, 1t Is stated.
is to permit TIE directors to vote an extra
stock dividend.
Net profits of the Foremost Fabrics
Corporation in october were $50, 493. &C
than, H. chairman ms Of the board. After al
lowanceS for all charges and federal
and other taxes, this was equivalent to
48 cents share on the 100000 shares
Of no par value stock outstanding.
F.. y. Antibus.. representative in Indian
apolis, OF the Toledo Scale company, has
received from his company, the honor
Fer Cent Club. This is in recognition
Of his outstanding success in business.
1 Sqs he gta Gny and Cansda
Weekly estimate of bituminous coal
the National Coal Association from pre-,
railroads.. Shows 4f total for II the ' week
For the. weeks ended Nov. and Nov. O.
ported the total output as 1864, 900 net
tons and 11,076,000 net tons, respectively
N No s Se d5 4 f the o wsek 1as snd
curtaiisd operation of bituminous Goa
mines on Monday, AFmistice day.
. j NEW @ YORK NOV. 22.-Another con.
structive sign that basic business OF the
country is being little affected by the
actions of the stock, market Is found in
smiths Guild, representing the principa
manufacturers of solid silver, that theil
business has not appreciably slowed down
Sales have been maintained generally al
the level of last year and, with the com.
ing of the Christmas season, are expected
to increase measurably.
Chrysler Corporation will mail today X
its stockholders dealers; and employees
report just compiled. showing increase!
in sales exports. manufacturing capacity
earnings and distri3uting facilities in tn,
Chrysler- built automobile appeared. Th'
report points out that by the end of thi
year sales will reach a total of 1.400 00t
cars valued at approximately $1,000, 900 900
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