The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-09
DozC-JOneS
Summary

LoNDoN-New York Gables opened At
1891 Paris checks l23.64; Amsterdam
l2.077; Italy 92.s25: Berlin 2o.4oS.
oppenheim Collins and Company year
ended July 81; net INCOME 1922 'Sls sf5eT
TULsA-Domestic Crude Oil Production
in the United states in the week ended
Sept. 6. Averaged 2.4Ss,71e barrels daily a
decrease Of j.IO0 barrels daily from the
previous week according to the Oil and
Gas Journal.
Lerner Stores Aug. sales si.s79.os7 in
crease of 80 9-1o per cent over August 1929:
eight months s15,226.4l2, increase 40 per
cent.
Dallas Federal Reserve Bank cuts re-
discount rate to 5la per cent from
per cent.
refners for period Jan. /. to Aug. 80.
1890; AMOUNTED mt a. to $3.50 600 long tons;
Aug 81 1873 Dei H si for period were
100000 long tons. against S,3o5,oo0 long
tons.
Childs Company August sales decreased
II per cent from 1929 month to S2,172.994:
eight months, sl7,so4.3 O2 or Sla per cent.
Lane Bryant august sales 81, 1856. 1871 in
eight months. s11 .237. 446. increase 10.2 per
cent. These figures INCLUDE sales OF Coward
Shoe Company since MAY, 1880.
August steel ingot output was $685.
293 tons. daily average of 119,O5O tons
against 2,9S3,399 tons in July and 4,939,-
c86 tons in August, 1929. according TO
American Iron and Steel Institute. Au-
gust operations averaged 1916 per cent
of capacity against $685. per cent in
July and 1928 per cent in August last
year. Eight months output 29,S21,S9I
tons against SS,S25,94S.
Net profit of Simons- Boardman Publish
ing Corporation six months June 80 was
S291.077 after charges and taxes. Reports
say earnings are in excess of those for first
nine months of 1929.
Output Of electricity for week ended
Aug 30 Of Associated 80 Gas os az and Electric
Increase of 9-1O of per cent over same
week 1929.
July for Interstate Department stores was
first such increase for company August
usually showing DECLINE from month ,rta
attributes upturn to increased payrollS
in cities in which it operates.
put si4 as S5 $50 tons see Coal against 49, in
Creek Pocahontas Company August output
July and rs. 1862 in August. 1929.
Brunswick Bake Collender Company de-
clared regular quarterly dividend of It's
on preferred payable Oct l, record Sept.
Foote Brothers Gear and Machine
Company declared cSiarterly dividend of
. per cent in common on common and
LIS on preferred both payable Oct. /;
record Sept. 20.
Cleveland Trust Company declared regu-
lar quarterly dividend OF So payable Oct.
/; record Sept. is.
Bank of Germany statement as of Sept.
g. shows gold 26,61S. 900. 900, marks I'M
chsngsd from avg 90 .S sn6 6oo circulation
Mexican seaboard Oil Company elects
John. M. Lovejoy. president. succeeainS
of board. c. P. Watson elected vice-presi-
PHILADELPHIA Company. to split common
stock 5-for-1 on Sept. 10. New stock not
to be listed on stock exchange.
Federal reserve boards condition state
ment as of Sept. 8. shows increases for
week of SAG. 900 900 in loans and invest
ments $50, 900. 600, in new demand deposits
$50. 900 600 in time deposits, and sS9,0oo.0oO
Loans on Securities 81, 583, OOo. 600, increase
Of $4,000 900 oyer previous week al oS ether her
and total loans $780, 600, increase
$37, 000, 900.
Reading Company placed contracts
covering 10000 tons of 13O-pOund steel
rails. Total cost of contracts will ex-
coed one million dollars. New rails will
be furnished by Bethlehem Steel and
Carnegie steel Companies.
Ludlum Steel Company omits quartely
common dividend of so cents due at this
time Regular quarterly dividend of s1.62l2
on preferred declared.
Lehman Corporation declared regular
quarterly dividend of rs cents.
G. R. Kinney Company August sales
decline 1T per cent under 1929 months ont to
crease of go per cent.