The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-25
Business
and
Finance

Four big railroads, the Missouri
Pacific, Burlington, Union Pacific
ard Potomac-Edison have ordered
eighteen straight eight buses from
the Studebaker Corporation to be
added to their lines. The Missouri
Pacific has ordered six. bringing its
total Studebaker fleet to twenty
nine; the Burlington has just bought
five; the Union Pacific three, ana
Potomac Edison of Haggerstown,
Md, four.
The Lily-Tulip Cup Corporation, for the
eight months ended Aug. 81. 1929 reports
and taxes. equivalent to s2s7 per share
on the 900 shares of common stock
Outstanding after s0Eng for regular
Record sales of fan blowers and venti-
lating equipment during the first eight
with huge volume of unified orders for
future delivery. carried with 1t assurances
of a continuation of unusual industrial
eT ooso2dngp to Nj mer Of De-
troit. vice president Of the National Asso-
citation of Fan Manufacturers and an
outstanding spokesman of the industry.
Contracts for fifteen airplanes, amount
ing to more than 100000, have just been
Of Tulsa. Okla. Ten of the ships have
been ordered by B. ]. Wickham of Coun-
Gil Bluffs. Ia. and five by F. G. Adams Of
the Adams Aircraft Company OF Sapulpa.
Okla.
The New York Cotton Exchange an
Side Cotton Service, Eeii known In
formational cotton trade service, and
has engaged Aston H. Garside. d.
rsetof as economist Of the exs S11 a1n
tinue this service in its own name under
Garsides direction with the exception
of reports on the cotton crop which viii
side will have connections with 1t.
Shipments OF Temple Corporation for
IS per cent ahead OF the same period in
August. which was the best month in the
companys history, Fred Temple. vice;
orders on the company's books at the
present time are in excess Of $4,000. 900
with production trailing demands by more
It fh"R was s~o said teA will totai appToxmstey
in August. Temple manufactures radio
rsceyng sets and IN Its
corporation are listed on the Chicago Curb
Exchange.
substantial reduction in copper
stocks will be shown for the current
month as a result of a prolonged strike
at one prominent refinery. declares ].
and vice-president of the National Metal
Exchange, in review received here.
untitled orders on the books of the
Nachman-Springfilled Corporation at the
present time are sufficient to keep all
plants running for month at current
rate Of production, according to Louis
there are orders for $4,000 mattress units
on the books. the highest total in the
history of the business. Selling, price on
the units would bring the dollar total
to in excess of $500, 000
r. NJ. KRISTEN of Chicago has been
elected director of S. W. Straus & Co.,
KRISTEN Joined S. w. Straus g. Co. In
1916. Charles C. Irwin of New York city
was also elected vice-president and
director.
Goddard & Co. Inc. and associates an
nounce the formation Of Goddard Securi-
s9 OF !o e Of %heS
100000 900 will be initally offered. The
capital structure will consist entirely Of
100000 shares viii be offered at the
outset
NEW IOHk, Sept. 25.-The Ground
Gripper Shoe Company, Inc, has acc
quired on favorable long term lease
basis the Carlisle Shoe Company plant
located at Carlisle, Pa, Norman X.
Winston, chairman Of the board, an
nounced today.
The textile industry in the year 1929 to
date has achieved an encouraging mea-
sure of sterilization
Our volume of sales this year has run
materially larger than 1928. That part
of our business which deals with strictly
staple merchandise has encountered a
continuation of price merchandising by
some of the smaller manufacturers.