The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-24

cent annual basis.
DETROIT, Sept. 24.-Net income of
the Muller Bakeries Corporation for the
period from Oct. 81, 1928 to Aug. 8. 1929,
after all charges including provision for
per share on the 20,235 shares of the
Glass A common stock after provision
for preferred dividends. If the earning
show greater net income than 1926. the
best previous year, when the company
earned Sl05,5S3.
One million dollar disqualification I'M
provement by the Southern Pacific Lines
for its employees was announced today as
the result of a donation by EDWARD .;
Hardness. director Of the company. ana
program calls for construction OF a large
addition to the railroads hospital build
ing in San Francisco and new tubercuIar
sanitarium at Tucson. Arlz
In two big planes which have been spe-
cially chartered. twenty-five 1nyestment
bankers Of Chicago, III, and Wisconsin? ~
airport at 1915 this morning for Detroit
where they will inspect the properties OF
the Detroit Aircraft Corporation The
Co.. investment bankers. and several
members Of that organization Will De
in the party.
The fifty most active~stOcks traded
on the Chicago Stock Exchange during
the week ended Sept. 81 had a market
value of s2,95s; 57S,60S at the close Of
I'd the as close D the ~ pre
vious week. according to a compilation
by Lage g. Co. members of the New
York and Chicago Stock Exchanges.
In connection with the declaration of
the quarterly dividend Of 37H2, cents d
share on the capital stock of the Irving
Air Chute Company it was explained ti
payments of this amount would be made
in accordance with the announcemnent OF
the company that diyidfnds w1Ta be at
NEW YORK. Sept. 24.-Combined net
Company. Inc. in which John J. Raskob
s205, o53 during july. This compares with
SI87. 1872 reported for June. For the seven
months ended July 81. combined sales
we're s1.329.971, and profits after taxes
Earnings for Mengel Company for. July
and August. 1929. before federal taxes.
$50 600 before federal taxes for July and
August, 1928. Combined sales for July
and August were IS per cent greater than
for July and August, 1928
Sales of the PettibOne -Mulliken Com
pany in August totaIled S437, 900. while
in August a year ago sales of the pre-
deceSSor company were 1921 ,553, an in
crease of more than p per cent, G. II.
Eib president, announced today. Based
on shipments to date this month, total
sales in September will exceed those in
September year ago by an even better
margin.
The power output Of the electric sub
salaries of the American Water Works and
Electric nj 1St
totaled 1863. 1888 357 kiloWatt hours, a gain
of 10 per cent over the output of 145 539,-
568 kilowatt hours for the corresponding
month of 1928.
Briggs & Stratton Corporation of Mil
waukee has developed new handle
type window litter for railroad coaches
and is now installing them in a num-
Der of Chicago, Milwaukee, st. Paul and
Pacific cars for thorough experimental
tests under actual operating conditions.
The litter is similar to automobile win
dow filters in common use.
sLoadings of revenue freight for the week
ended on Sept. 2, totaled 1.017.072 cars,
the car service division of the American
Railway Association reports.
This total was an increase of Is. 687 cars
over the same week last year and an in
crease of 27.273 cars over the same week
two years ago.
The directors of S. w. Straus & Co.,
regular quarterly dividend of 80 cents
per share on 100000 shares of stock
outstanding, payable Oct | to stock
holders of record Sept. 20.