The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-31

p.oa-. rsDorts from Leading snoe cen
ters although not inclcatlns con p4C 3. y
scti-itv. have been Of somewhat more
srcou-sgtn7 tenor Larger orders have oeen
PLACED h New England since me fecetit
stvie show in Boston, Whlle business I'm
Brookiyn plan. P59o do1gu e9 70 proTe
FisAzhere also. various factories are
setter engaged, giving the genera s!tus-
in leather. however, disclose oors.oet sd pc
irreqularity. and the Armer Quotations
TAXED are not regarded as having been
Support is derived from the stronger
-nsrtets for hides. but buyers OF leather
while apparently not. expecting Price reces-
n the latter connection. II IS oeAeyeo
that purchases made in June largely co.,
cred requirements fairly well ahead.
Ru Times SpeciGl
WASHINGTON. July 3l.-Although
motor bus lines now occupy an important
place in the transportation NE o. ne ma ma
ION [aeg are ,b Ie M atsTae sg net income
o. only ST per cent after deductng taxes
according TO 2 SURVEY OF motor BUS operat7
ing costs just completed by the national
motor bus division Of the American Auto
The A. A. 4. bus division pointed out
that the operating cost stloy reEeaIsQ 1nsI
irving. even az the sacrifice Of revenue. TO
place thls gigantic htgnwar Transportation
system In ITS rghtful place as Q medium OF
trafeL
The most prosperous six months IN It's
entire history Is reported by the CONNER
cial Inye5tment Trust Corporation for the
first half Of 1929 1hen consolidated net
profits available for dividends reached q
new nigh record Of s4042ll6. compared
with s2.246.59O for the corresponding period
After payment Of preferred dividends,
the earnings available for common dlVl-
bends amounted to s3.650,59l. equivalent
average number outstanding during the SIX
months. compared with s4.l4 on 443 500
shares for the same period last year.
Public projects. including street and
road construction. showed a substantial
increase i'm contracts Jet over the cor
responding week last year. This was re-
sponslole for the gain IN total contract
lettings as compared with this time last
year. The money value Of awards on
hearY construction projects In the past
week for all classes. covering the entire
with sal .493 900 last week, and $50 279, 900
in the corresponding period last year.
Victor C. Bell has been elected chair
president of the Moto Meter Gauge and
Equipment Corporation. The company is
merger Of Motto Meter Company. Safe
T-Stat COMPANY. National Gauge g. Equip
ment COMPANY and several Subsidiaries
authorized capital stock OF the corpora
ton is 80 600 shares of nO-par common,
of which SIP 600 shares have been author
ized. It is listed on the New York stock
Exchange.
installations Of approximately 500 new
units during the next sixty days is planned
br Harr.s9h's Orange Huts Inc, accord
ing to Monroe Harrison. president.
The skeuy Oil Company for the six
months ended June 30. 1929. reports net
income Of s3t98.937 after all charges in
cludng depletion, depreciation. interest
earned on 1893 857 shares Of s25 par
apital stock outstanding az end of the
period on which dividends Of 81 a share
annually are being paid. This compares
with net income Of s456,344 after all
charges. OF the equivalent Of AZ cents
share on O93 684 shares of stock out
standing in the corresponding period last
-ear. These earnings represent an IN
crease Of 700 per cent.
Pines Waterfront automatic radiator
shutters are being shown as standard
Buick models that are now being dis
PLAYED.
Independence. No. vas added to the
list of natural gas customers OF the Mis-
souri-Kansas Pipe Line Company. today.
when the company started delivery Of
$50 600 cubic feet Of gas per day TO the
nestle consumption Missouri Kansas has
a contract to supply the entire REQUIRE
ments Of Independence over a period of
wears. The number of individual custom
srs Of The Gas Service Com 4r9 IS o;2oS
II non hv the first Of 1928 according to