The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-18
Business and
Finance

Consolidated balance sheet and operating
statement of Merchants and Man
volume Of accounts, notes; purchased Of
SGT. 1876 as against slS,23l,744 for the
same period OF last year an increase sed Cd o5
March 80. purchases amounted to sls,55
493. 532. BY comparison with this, period
the business Of the past 90 SIX months an{ rep
Value of the silver produced In the
United States during 1929 will be slightly
over s3O,OO9 900. or a decline Of per per
publishers Of the Encyclopedia Amer
icana, who base their estimate on
figures supplied by the Bureau 81
This years production, placed at 81
0OO, 900 ounces, the Americana further
states, will be the smallest since 1908.
Directors of 7. Miller & Sons, INC. de.
clared the regular quarterly dividend OF
1922 on the preferred stock, payable
Dec. 1. to stockholders of record, Nov. rs.
share was also declare, payable Jan. /,
to stockholders Of record Dec. IA.
An issue of S3.OOO,OOO City Of New
Sshs sua selay Oct l tent ,S s's
being offered today by Halsey. stuart &
Co. the First National Bank of New
6UTk
prich & Co.. Geo. b. Gibbons & Co., Inc.
and Rogers Caldwell Co., Inc. The
bonds are offered at prices to Yield 40
per cent to Al per cent, accoA aing to
maturity.
Shipments of the Hump Hair Pin Manu-
Chain Chain Store Products Corporation, for
Ocotber, show an increase over the same
month of 1923 or. 95. per cent, Sol H.
pany, announces. The company does not
make public its seles figures.
signed an exclusive contract for all color
printing work for Liberty Magazine over
a period of years, Edwin c. Lennox,
president, announced today.
MINNEAPOLIS, Nov. 1s.-Total sales of
investment certificates by the Investors
Syndicate in the four weeks sisr ending in
the history of the company's business. &C
cording. to report made PUBLIC to- tod az
The With fF for The
weeks in September and s7,140.300 for the
four weeks in october. 1928.
NEW YORK, Nov. 16.-To judge from
the value of contracts let in heavy con-
struction and engineering work in the
ing aetyity ei is not "s suffering from any
depression. but seems to be holding to
a normal rate of operations; Engineering
fos mcDsS v sfPF axard fer
week, S66, $s4 900, is lower than the
preceding weeks figure. S77,21 600. and
spending week in 1928, 1Os.s44OOo the
aggregate for the year to date continues
substantially higher than for the same
period of time last year.
Morris Markin president OF Checker
Cab Manufacturing Corporation, today
lowing to the prices at which stocks
are selling, we wish to advise our stock
holders Of the approximate position Of
they viii realize the value of their stock
was approximately s26 per. share;
The entire liabilities which were for cur
amounted to .sssO,2l3, which is Slightly
SThe bpSsiness is in excellent condition
ings for the. full year Of 1929 after max
will be IN excess Of s1i per share
BIZ Times Snecidl
$1.6l6, 638 900 for the nine months en- g.
trial, utility and railroad corporations,
per cent over the 1928, 432 900 reported
by the same concerns for the correspond
ing nine months of 1925 according to the
Standard Statistics Company Of New
York.
The building industry will for some
months to come hold the key position in
the national business situation. This view
is expressed by S. w. Strauss 81 Co. in the
current issue of its national monthly
building survey, mad. PUBLIC today. The
towns of the country. showed q gain in
building permits in October of is per cent
compared with September, but loss of
IA per cent compared with october, 1928
For the ten months period the loss from
1928 was per cent and from 1927
8 per cent.
Special low rates for shipment Of auto
mobiles by passengers going to southern
winter resorts will be offered by the Illi-
nois Central system during the coming
season in an experiment to build up rail-
way passenger traffic.
Under the special rates. which will be-
come effective about the middle of Decem-
Der. an automobile will be handled for the
equivalent of three-passenger fares, pro-
vided two or more tickets are purchased
and used by the shipper. The rates will
apply from Chicago. Peoria. st. Louis and
places south thereof to- New Orleans.
Gulfport and Florida points.