The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-12-19

nOl0erS OF the Eagle-PlCAer GSaQ
Company will be asked to ratify
proposed formation of a subsidiary
to manage the company's mining
and smelling business, it was an
nounced here Wednesday.
The subsidiary would be capital
lied at $1,000 900 and would take
over operations of the Consolidated
Lead and Zinc Co., st. Louis, and
numerous smaller holdings in Mis-
souri,, Kansas and Oklahoma.
By United Press
WASHINGTON, Dec. ia final
valuation for rate-making purposes
Of SOL, 100000 was placed by the
Interstate Commerce Commission
today on the owned and used prop
critics of the Denver & Rio Grande
Railway. The valuation was made
as of June 80, 1919.
Firestone Tire and Rubber Company
reports net ineeme for the fiscal year
ended Oct. 81. increased 53.6 per cent,
amounting to s3.27 per share $3.50
$50 common shares, compared with
$1.S per share, on basis of same capt.
talizatiOn, in the preceding twelve
months. Above earnings are adjusted
to reflect 400 per cent common stock
dividend as Of Oct. 20. 1929. as well as
further increase of capitalization
through sale of common shares to bank
ers and through exercise of rights Of
fered to stockholders.
South Penn OIL Company has declared
an extra dividend of 1914 cents share
dend Of 50 cents share, both h. pay able
Dec. 80 to stockholders of record Dec. a.
Humble Oil and Refining Company has de-
share payable Jan; to stockholders of
tsscoornda , Dec; p, placing the stock on
p % 9gSs o a the se5s
ducers Corporation has declared the regE-
5sr qSiartgsy glvoena o. 40 cents snaTs
Bec t. S Salt creeE consoid St de'G oil
Company has, declared the regular quar-
able JAN to stoctSoId I Of r seor Bee
has declared the regular quarterly divi-
stockholders Of record Dec. IA. "
Total income from all sources Of Prince
4 Whitley Trading Corporation for the
Ing earnings derived from only two
months and fourteen days Of actual opera
p TS9 fFa e Esq., IN to the soH Initial 2o n Is
today This hguTe INCLUDES dividends on
declared, and capital gain from giving
effect to the proposed retirement of 10000
shares of the corporations preferred stock
preferred dividend requirements. in the
open market. at an average cost Of 1882
per share.
BD Times SpecinI
WASHINGTON. Dec. 10. -- Following
three weeks Of, advance commodity prices
showed a DECLINES eel Of o. per cent 3 fop
Fertilizer Association; seven Of the, four
teen groups showed declines, and the
remainder were unchanged.
Stockholders Of General Foods Cor
poration now total 1850, according
to an announcement by Colby NJ. Ches-
ter Jr.. president. This figure COM
pares with $4,000 on Oct, IS. represent
ing an increase of $3.50, and with $4,000
in March. In September. 1928 stock of
the company was distributed among
S.o17 stockholders.
Opinion that Foote Brothers Gear and
Machine Company common stock should
earn more this year than the S2.l4 per
share in, 1928 the company's record up
TO that time. was expressed today by ".
G. Davis; president ti,d Earainggs OF the
each year since 1924 with the exception
Equitable Office Building Corporati ton.
maintaining the accelerated rate of ex-
pansion which has been witnessed thus
Tar. in 1929, net income for seven months
ended Nov. 80, gained % per cent. equal,
WITH s :ia5 e6are for s"f the Ike pdia28
period.
seiberling Rubber Company profits
for the fiscal year ended Oct. 81. 1929,
declined to s13s.2O7, amounting to less
than S0o1 per share of common stock,
compared with $1.3O per share in the
previous year.
International Carriers. Ltd, the larg-
the United States, excepting companies
l:susd Is first 1inapcisl state@ent since
5. 1929. Calvin Bullock, president an
nounced the statement showed total assets
exceeding $4,000. 900, of which about
about 10 per cent was in cash or call
loans as Of Dec. 9. Total securities held
as of that date we're carried at cost of
showed showed a. depreciation Of only 51,8s4,622,
which. the management considers favor
n a6f IN bv fw 81 snf ta in general
KIWANIS To INSTALL.