The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-07-12

Oil operators in Rumania have agreed
in principle to accept offer of Standard
Oil of New Jersey and RoaI Dutch-ShelI
to buy all export surplus of Rumanian
oiI--operators also agree to restrict
drilling.
New York Central Railroad to build
freight terminal on four blocks bounded
by Clarkson. spring; Washington and west
streets in New York to cost between s1O,-
600 900 and $15,ooo.oOo.
Estimated area sown to wheat in Canada
for 1880 is "a. 583, 800 acres against 25.-
255. 0O2 in 1929, according to dominion
bureau of statistics.
Hudson g. Manhattan Railroad Com
pany elects to presidency Charles D. En-
monds. formerly president of United Rail-
ways and Electric Company OF Baltimore.
No~blitt-sparks Industries. Inc. earnings
| for five months ended May 81. $1.58 a
| share on 77.267 common shares. against
f 81. % 1929 : share peTioS on IS;G9G ne eqm pToat s smeTsS ID
to $49. 446 after charges and taxes, against
s46,S51 in May. 1929.
Daily average volume of federal reserve
bank credit outstanding in week ended
July 9 was s1.O75,O 900. 900 an increase of
S44. 900. 900 over previous week. but de-
crease of 1885, 900, 900 from like 1929
week.
Gold movements at New York during
week ended July 9 consisted of imports
$5i9, 900 OF which 1895. 900 was from Brazil.
s122,0oo from Ecuador and S62;O goo from rom
eign account increased s3,ooo.oOo.
Willett g. Grav estimate sugar consump-
fiOr AZ TJpftad Sfatpc in first six months AT
1880, 400 long tons against. 3.0o9.377 n like
period 1929. a decrease of about 4.95 per
cent.
Brokers' loans. off s16, 900. 900 to ss.2oS.-
900. 900. Federal reserve ratio, 8l.7 against
S S1;T a Yo Tsek ra fgo s sRq a asain 8 y si.a a and
6s.7 respectively. Rediscount rate. un-
changed at 21K per cent.
Auburn Automohile Company in quarter
ended Nav 81. 1880, earned $4.25 a share
on I80,sS2 common shares against SS-09
on 1885 shares IN 1929 quarter. &c SIX
months earnings. S4.79 against $ll.2o IN
same period previous fiscal year.
Department Of agriculture reports in
dicated corn crop Of July 1, as 2,sO2,-
900, 900 bushels against 2,622,0 00, 900
harvested in 1890. and ten-year average,
I, ZOO, 900, 900. All wheat, SOC, O00,O0O
bushels against SO7, OOO, 900 and sSS, OOO,-
600, respectively.
New York Stock Exchange loan on July
I. a, 5;S3 per cent Of the ms5ket value
on June 2. 2 decrease o. $50 per cen a
| cent. Market value of listed stocks s63.-
s92. 327.o59 decrease of si1, 126. 528,224 in
the month.
White Rock Mineral Springs first sig
-.@A { . 10 . charo m 060 0nI
Common Shares Shares t. be outstanding against
| s2.0s a share on ike capitalization in first
Pennsylvania Power and Light May bal
ance after charges and taxes. S861.8ao. m
crease $685. Al over May; 1928. TEelye
s7.i14.s71. increase 1s6.45o
Adams Mills Corporation DECLARED sS req g
| common n SITS each or first and sec
ond preferred. all payable Aug. /. record
July 1S.
A tax valuation of SIS. 600 placed
on holdings of Freeport Texas Company
in Brazoria county by figures established
bv county commissioners court. This is
holdings BY company. but less than Lalf
original valuation hxed at S6,111 900.
Bryan Mound. the company,s Wholly,
owned property assessed at 81, 918. 900. and
Hoskins Mound owned JOINTLY with Texas
COMPANY assessed at $40. 7s1. 900. At
torneys again file formal protest of valu-
alton.
Appalachian Gas stockholders to vote
July 81 on authorization for 500.000 pre-
ferred shares for issuance as directors NAV
propose.
A. Hollander g. Sen. Inc. six months
ended June 80 net income was $751; csc
after interest. depreciation and federal
taxes against s535.Szi in first six months
Canadian Pacific FIRST week July grass
was S3.37a.000 against s4.u51. 600 IN like
1929 week. From Jan, 1 70 july Z gross
was $50. ss2.3oo against &lo2.96s.ooo-