The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-22

LONDON.-New York cables opened at
486 1872 against 4.86 1892: Paris checks,
Berlin, 20.395.
Minneapolis, St. Paul and Sault ste.
Marie system September net income S901,-
430 after taxes and Charges, against SOL
842 in September, 1929. Nine months
deficit S20l0.869, after taxes and charges
against net income 81, 10000 in trst nine
months last year.
United States Hoffman Machinery
omitted quarterly dividend of 50 cents.
on common due at this time. Septem-
Der quarter net loss S5S, 1913 against net
profit of s16,913 in previous quarter, and
Nine months net profit s44,495 against
net profit Sill 1865 in third quarter 1929.
net profit S59O,S67 in like 1929 period.
American-La France and Foamite Corp
grafton ended Sept 30, net loss s4,88l,
after interest charges against profit S79,-
loss SIG, 486. after interest and charges,
against profit S159,040 in like period last
years.
Utilities Gas and Electric Company has
started construction on twelve Butane
gas plants in as many cities at total cost
Of 81 200 900. Work will employ about
1000 men.
Ruhr Chemical Corporation year ended
June 30, 1890. profit. S46.0l1 after depre-
S22,O32 after creating an inventory re-
serve and reserve for contingencies.
Gray Processes Corporation declared
extra dividend of so cents and regular
semi-annual dividend OF SO cents pay
able Jan. 2, record Dec. Is.
Missouri Pacific in week ended Oct. 10,
handled 33 $40 revenue freight cars against
32,669 in preceding week and 41,427 in
like 1929 week.
Sterling cables opened 4s6, francs
1882 7-l6, of 1s; marks 1881, off 3la;
peseta 1850. up l6.
Midland steel Products Company third
quarter profit S123,675 after interest and
depreciation, but before federal taxes,
against $3.50, 02S in preceding quarter and
1881 ,087 in like 1929 quarter. Nine months
1881, 67l, against S3,229,275
BO1riOis Inc. declared : quarterly
dividend of 1914 cents same as in
previous quarter ON preference stock
payabls Nov. Is. record Nov. 1.
Pennsylvania Power and Light Company
and Philadelphia and Reading Coal and
Iron Company signed agreement under
which coal company sold electric generat-
ing plants to power company receiving
capital stock of National Power and Light
Company in payment-contract provides
sales OF coal al electricity to eacn other.
Great Northern Railway will spend about
5000 COO for maintenance and improve
ments IL 1881 exclusive of $4,000, 900 to be
used on klamath Falls extension.
McGraw-Hill Publishing Company third
quarter net 10 cents share, against 81
cents a share in preceding quarter and
s1.O2 a share in like 1923. quarter. Nine
months S2.62 share, against $3.50.
Wisconsin Central September deficit $64,-
SSS atter taxes a6 and charges Against me, net
charges against net income S128, 536 in first
nine months 1929.
American Glue Company will declare
S25 dividend on common stock out of sur.
plus. This will be second dividend out of
surplus and will be payable. within next
$50 dividend out of surplus payable Oct.
IS. record Oct. II.
National Refrigerating Company. de-
clared regular quarterly dividend Of SIG
cents on common payable Nov 10, record
Nov. /.
Warner Brothers Pictures declared
dividend of 96N cents on preferred, pay
able Dec. ], record Nov. 10. Under
charter on Sept. 3. 1880, preferred losses
oonvertability into common stock and
dividend rate is advanced to sS.S5 an
nuaEy from $500 annually.
Hercules Powder Company third quarter
net 90 cents share on 603079 common
shares against Si.l0 share, in preceding
quarter and S167 a share on $4,000
shares in like 1929 quarter. Nine months
$3.50 q share on 603079 shares against
SAL share on $4,000 shares in like
1929 period
Eaton Axle and Spring including wilcox
Rich Corporation third quarter CONSOLE
dated net profit $40 906 after charges,
S759 1853 in preceding quarter. Nine
months S1,426, 536.
The new proration schedule for Darut
Creek Oil field giving the field daily al
lowable output of 59745 barrels has been
issued subject to hearing of the Texas
railroad commission on Oct. %.