The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-25
DOzU-JOneS
Summary
tBv Thomson q McKinnonr

LONDoN-New York cables. opened at
1878. Amsterdam 12.055. Italy e2805.
Berlin 20.405.
Bank of England statement as of
Sept rs. Shows circulation 1876 ,0O0
pounds against 357.767,OOO pounds on
Sept 49, Ratio 55.2 per cent against 55.3
per cent and bullion 157,427,OOO against
157.51O,OOO
American Gas and Electric Company
20 0S was Isl 7s.i12is6 XVIII. decrease Of per
cent from like period 1929.
Great Lakes regional advisory board in
session in Toledo states business curbe
has reached bottom and is on more de-
cided upward swing. than. apparent earlier
duirements for last quarter at 445. $50 cars
against actual requirements Of 513.545
cars in 1929 quarter.
Abraham g. straus. Inc, declared regu-
lar quarterly dividend of SIZE on pre-
ferred. payable Nov. l. record Oct. Is.
Mexican ministry of industry commerce
and labor Cancelled concessions on all en-
terprises manufacturing alcohol from corn
to conserve cereal.
Due to unusually favorable ripening
weather about SO per cent OF Iowa, corn
crop safe from ordinary frost federal crop
reporter states.
Bank of Sicily Trust Company declared
regular quarterly dividend of 80 cents
payable Oct. TO- record Sept. 80.
Reading Company August net operating
income s755,24s against .$1,291:27s in
August, 1929; Eight months s7,loo,256
Midland Steel Products Company get
large automobile producers. ION basis of
business now being closed coming months
should see substantial expanion in activi-
tie OF company" says President Kulas.
EkIvinator Corporation president says
September sales to date 1l.5 per cent ahead
Of year ago with business for year to
date as good as last year.
David Friday economist predicts sure.
mainder of 1880 with decided improve
ment in 1881. and with 1882 probably
another record year.
Federal reserve board reports commodity
prices at wholesale remained unchanged
production also unchanged.
Canadian Pacific Railway for third
week September reports gross of S4.467.-
coo. decrease $4,000 from like 1929
week. For period Jan. L to Sept. Fl,
gross S122,9S9 600, decrease $25OOS,OOO.
Mdcontinent Petroleum Corporation &C
CURED 20 per cent interest in Great Lakes
Pipe Line Company.
New England Power Association and sub
salaries August profit 600 available
886 in August. 1928. eight months ST.278'si9
against S6339,840.
Tobacco Products Corporation declared
a dlyioend OF 70 cents on class A stock
months ago a Similar dividend was paid.
Jones & Laughlin Steel Corporation will
expend So 400 900 for improvements to its
plants in Pittsburgh.
John E. Zimmerman. president United
Gas Improvement. advises large purchases
to buy material for future requirements
Immediately and has addressed letter to
local managements Of all U G. I. subsidi-
normal requirements for several months
and place order.
- an-American Airways gets contracts at
50 per mile of carrying mail between
Paramaribo and Dutch Guiana. Santos
Brazil.
Structural steel shipments in august
estimated by commerce department at
100000 tons against 22S,O 900 in July and
33S.8OO in August, 1929. For eight months
100000 tons against 2.336.95O in like
1929 period.
Bank of France statement as of Sept. 10
shows gold 1851 600 900 francs against
~. 542 600. 900 on Sept IL. Circulation To-
479 100000 against r. 375 900 900. and ratio
52.75 per cent against $3.50 per cent.
Committee headed by Frederick w.
Allen asks SECURITY holders of Wickwire
on or before Nov. IS under plan for re-
organization.
Petition to close Stock Exchange on Sat-
urday. Oct. II. preceding Columbus day
being circulated by members.
Emile Moreau has resigned as governor
OF the Bank of France to assume the presi-
dency of the Banqpe de Paris ct des Pays
Paris.
Statement of American Telephone and
Telegraph Company as of June 80, 1880,
shows total assets s2,844.6S3. O99 against
S2,471,O23,55O on Dec. 81. 1929. and sur
plus S554.1O1,77S against $780, $50.
Anaconda Copper directors meet for dfvi-
dend at 1850 a. m. today.
Wheeling g. Lake Erie August net on
Grating income 1898. 1877 against $3.50 OSO in
August, 1929. For eight months S2,557, 7l9
against S3.773,26l.