The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-10

since the introduction of the cam
and-lever type steering gear sew
eral years ago.
Lynch Glass Machine Company had
current position of approximately 20 to
l on July 81, this year according to a
dent. Current assets Of the company
were s432,55 of which 1898, 915 was in
faSh Ss s6 f The mproDed staaon
Lynch is revealed by a comparison With
the current position on Dec. 81: 1923,
rent assets being listed at the time as
1883. 1873 and current liabilities as S53, 1877.
Announcement is made of the forma-
tiOn of Chain stores Development Cor
pOratiOn, management and holding
company, to operate in the chain store
field in much the same way as the
large public utility and industrial hold
ing corporations have operated in their
respective fields.
The board of directors of Public Serv-
ice Corporation of New Jersey has de-
clared the regular quarterly dividend of
65 cents share on the outstanding no
par value common stock, payable Sept.
Acquisition of the marketing
facilities and distributing organi-
zation of the Indiana Empire Re-
filming Company of Spokane,
Wash, by the Richf1eld Oil Com
pany of California, was announced
today by c. M. Fuller, president.
Berland Shoe Stores, Inc. report sales
Dared 19T Au VIZ for e same mon
per cent. For the first eight months of
pared with ST. 423 for the same period
last year, an increase of S855,342 or $40
per cent.
eral manager of Zenith Radio Corpora
pany's production has reached 200
radio sets daily. and will be increased to
capacity of the plant is $500 sets daily,
which will be reached in short time.
than we are able to fill at the present
time" said Mr.. Klugh. land we are
stepping up production fast
possible to take care of our distributors
and Dealers"
The Tin Producers Association. recently
of naturalization for the tin industry,
has completed its organization. with the
announcement that members of the pro-
as the first members of the permanent
council. The direction of the associations
affairs will be in the hands of the execu-.
tive council, which is representative of
all the principal tin producing centers of
the British Empire.
Edison Brothers Stores. Inc, report
total sales for August, 1929, of S2S1, 140,
compared with S215,S11 for August, 1928,
an increase of 1923, or 500 per cent.
totasd sss sfh agans
for the same period last year, an in
crease of S49O219 or 27.3 per cent.
Based on the value of contracts
let, the volume of heavy conStruc-
ton and engineering work through
out the country was 20 per cent
higher for the first eight months
of the current year than for the
corresponding period last year. The
gain continues to be chiefly in pri-
vate construction. The total for the
January-August period is $685., 724,-
900 as against $2,397 $4,000 for the
first eight months of 1928. Con-
tracts let in August were valued at
$349, 695, 900.
NEW YORK. Aug. 10.-The advancement
of industrial banking to its present vital
economic structure. is Strikingly illustrated
in the 1928 distribution of approximately
S277 100000 in loans, by the Industrial
Finance Corporation through its accep-
lance and Morris Plan affiliations in $50
cities and towns, according to a StatiS-
teal report made public today by Arthur
j. Morris, president. a..
Increased demand for decorative light
ing sets BY the IN Mona 1 Ess
of 55.0OO,000 incandescent Mazda lamps
as original equipment during the cur
rent year, Joseph Block, president,
used in 1928 and 35OOO,O0O in 1927.
This volume represents approximately
81 per cant of the entire United States
production of small Mazda bulbs.
DETROIT. Sept. disappointment of
Captain Carl B. squier, formerly of the
United States air force and we'll known
aviation expert. as general manager of
the Detroit Aircraft Corporations, Lock
heed division was announced today by
Edward S. Evans. president.
= NEW YORK, Sept. 1o-Unflled
tonnage of the United States Steel
Corporation decreased 429,966 tons
during the month of August to
total on Aug. 81 of 3.658,211 tons, as
compared with 4,098,177 tons on
July 81.
These figures compare with un-
filled tonnages of 4,256,910 on June
30, 4,304,167 on May 81 and 3,624,043
on Aug. 81, 1923.