The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-10

Cooperative Association.
The trend toward eight-cylinder cars IS
the pronounced feature Of the PARIS
vices from H. S. WEIGH, president Of
Studebaker Pierce-Arrow Export corpora
ton, visiting the show: Forty-tour eight
wear as against twenty-seven at last
years salon, eighteen of which are Amerl-
can made and twenty.Six European' G53s
were shown and nineteen of European
manufacture.
An extra dividend of 25 cents per
terly dividend of IS cents was declared
by A: NJ. Castle & Company, Both are
payable Nov. L to STOCKHOLDERS OF rec
is engaged in iron and steel MERCHANDISE
ing in the middle west and Pacific coast
regions. Stock is listed on the Chicago
Stock Exchange.
Sweets Company OF America reports for
the first eight months of 1929. sales OF
$685. compared with $84l, 849 for the
president announces, The company mas
now developed national distribution Of
dandy products, Fehn added.
five months ended Aug. 81 reports gross
sales of So, 80. 439 and gross operating
profits of S345, 1913. After deducting gem
eral expenses, interest and other charges;
but before taxes and depreciation, net
income amounted to S278, 100. For August
gross sales we're $500 5O7, gross opssr-
fore similar deductions S62,599.
Dillon. Read & Co, as fiscal agent for
the Est Railroad Company of France,
have designated $4,000 Of the company
for redemption on Nov. l for sinking. FUND
purposes. Payment will be made at par
and interest.
Business in the automobile division Of
the Nachman-Springneld Corporation, is
running over 20 per cent ahead OF last
year, It was stated today by Louis A.
Suekoff, president.
September was the nineteenth con-
secutiye month that Electric Household
Utilities Corporation has exceeded in
both sales and earnings the correspond
ing month of the preceding year, it was
learned today.
The New York Burlap g. Jute Exchange
announces its contract covering tranSac5
CUBAN Cuba sugar sqSG bags, 329x48 inches, viii be
tenderable standard 3ox50 inch bags and
3ox56 inches. at suitable premiums and
discounts.
Directors of Zenith Radio Corporation
today declared the regular so cent guar
terly dividend, payable Nov. l to stock
holders of record Oct. 10.
Porto Rican American Tobacco Com
pany will show record earnings for 1929,
sales and earnings for the first nine
months consistently running ahead of
1928 and the outlook for the last quar-
ter very favorable.
Transactions of the New York Hide
Exchange established stab dHdsd a o nf" high Niib record f4pn1
over Of ii, $50, 900 pounds. valued at close
to $4,000, 600. The previous record, set
during the week ended Sept. 20, was
1890. 900 pounds. valued at more. than
81, 500, 600. Activity was stimulated con-
large packing interests. M. R. Katzenberg,
president. explained. nne and Euro
pean operators were prominent on the
buying side of the market.
F. r. Henderson,, president of the
Rubber Exchange of New York, declares
that any attempt, to fix the price Of
Seiberling Rubber Company. upon his
return from Europe. would do more
harm than good to the industry.
T. H. Barton, president of the Lion
Oil Refining. Company of FL DORADO, Ark,
announces the purchase of controlling in
terest in the Seven Eleven OIL Company,
OF Greenwood, Miss, a marketing and
distributing company which in the future
will handle Lion products exclusively in
the Delta section of that state.