The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-11-04
Business
Finance

The Peal Six Hosiery Mills. Inc. .es-
tablished new high earning RECORDS N tne
this year. it was announced today by
Porter NJ. Farrell. president. -o.
Net income after depreciation. reserves
the three months ended Sept 80. 1923,
amounted to S4l6.568 or Sl.68 a snare on
the 200 OO shares Of common stock out out
pspes R PHI or sss Share
b SRH net ne5ms P gp TO q
q share in the nine months period. on
the basis OF the same deductions.
NEW YORK. Nov 1.-The money value
Of contracts let in heavy construction ana
engipeering projects in the United ard ot tnTS
with the announcement of two large in
dustrial Jobs. both totaling $50 900 600.
week. the amount for all classes reached
a total of S95 693 .000 which compares with
S55 ,962. 900 in the preceding week and 500
Net income of the Super Maid Corpo-
ration ,nod in the nine months ended Sept
che -gos inc'rdin~ federal taxes. equal TO
$3.50 share on the common stock. This
compares with SS90. 806 or S5.9t a share
in the corresponding period of 1928.
Fox Film Corporation reports net in.
1929 81 With h0F ST. go in the
responding period Of 1928. which is an in
crease of more. than 100 per cent; Earn
were sS,845 900 compared with s4,016. 461
in the. corresponding period of 1928. This
the toa u g ss0 shares s6 o sss
B stock outstanding against S4.32 in the
first nine months of 1928.
The Kalamazoo Stove Company reports
that the month Just finished was the big
gest October in, the companv's business
s781 SOB for October of last year, an in
crease of 1876 per cent.
Deposits of securities Of Cuba Cane
Sugar Corporation under the plan and
agreement of reorganization will be re-
ceived I'D, to and including Dec. 2, it is
mittee. The time for exercise OF sub
scription warrants under the plan has
been extended to and including Dec. 9.
Net profits Of American Maize-Products
Company for the third quarter, after all
f edeTa taSes Wero This bi eo
pares with $314437 for this period last
year, and represents gain of over IS
per cent.
On the basis of an increase Of more
than 30 per cent in earnings for the
pSst two months; iGdI ca d. net bs profits
mon stock. will exceed S15O0O.OO for
the current fiscal year. David Bernstein,
pany announced TODAY. These earnings
will be equivalent to between Sl0.51 and
81 per share on the common stock.
the year ended Aug. 81. 1929
the nine months ended Sept. 80. net in
come before preferred dividends of s4,886.--
686 and after preferred dividends Of
$3,698750. equivalent to an annual rate of
common stock outstanding.
Substantial increases in business Of all
departments was reported today by R, G..
Lsnphier. president of the Sangamo Elec-
trio Company, Sales of radio condenSers
year. according. to. Lanphier. who esti-
mates volume for the next twelve months
will approximate s18OO,OOO.
Cent Stores. Inc. declared a stock divi-
dend of, 5 per cent in common on the
common stock nayable Nov. 25 to stock
Basing his predictions on october pro-
and December Fred [. Flanders, chair
man. of the board of Muskegon Motor Spe-
f fes makers tSG Of cam shafts
amount e At least $3.50 900. This is equal
shares Of Glass "A" stock outstanding 1 and
compares with net earnings of $397. $40
or $685. per share on Glass ga" stock for
1923.
President W. A. Sheaffer of the w. A.
Sheaffer Pen Company. FIT. Madison. Ia,
in Chicago today announced that the COM
pany's actual shipments for october were
in excess of one million dollars and con-
stituted the largest month in the sixteen
year history of the organization. Oct. 81
shipments were the largest single days
shipments since the company was or