The Indianapolis times., 1930-04-07

The Grsngesberg Company, a Swedish
iron mining corporation when is rateo
As the R5odqKssT Of ore To i9 EecSR coRR
pany holds substantial interest, snlppeso
646. 900 tons Of ore in February. rms
com pares with 43s, 900 tons In the same
ot 0gfg 475 d per cen cent T For the rst two months
OF 1880 shipments totaled l,s54,ooo Ions onS'
as compared with eo2 900 tons in 1879.
an increase of so per cent; The previous
record Of shipments Tor TINS period WAS
1891. 900 tons in 1927
Largest sales and earnings in the his
tory of the company are reported by
Beatrice Creamery Company for the
fiscal year ended Feb. %, 1880. Sales
amounted to SS3.6S1 .6S6, an increase Of
56.9 per cent over the preceding period,
and net income t0taled ,49e, COM
pared with net income from operation
OF S1.52S,0 ,01S earned in the 1929 period.
The 1880 earnings are equivalent to
S53f per share on 270,S shares Of
common stock outstanding at the end
OF the year. after allowance for pre-
ierred dividends. compared with 1851
per share on 1928 shares in the
1929 period.
NelSner BIOS, Inc, 1OE March reports
gross sales of 81 ,O23 ,SO7 against $l,o73, gag
reported for March, 1929. decrease OF
$50 I42. or 46 per cent. Sales for the
first three months of the current year ag-
gregated 2.708.952 against $o,376,4 483 for
the corresponding period last year, an in
crease Of 1892. .469. or 1873 per cent.
McGraw Electric Company reports its
subsidiary the Waters Center Company.
has sold TO the Forum cafeteria chain.
operating in Kansas City. st. Louis and
Minneapolis. more than $5OO.0OO worth
Of thermotainer equipment. Their
motainer is an electrical system for pre-
serving cooked foods in restaurants.
total gross income Of $l82 lS7. 7s9. and
net income OF s15,ss2, ,562, for the Radio
Corporation OF America, during the year
ended Dec. 81 1929 was reported to the
Hartford. chairman of the board. and
Dayid sarnof. president Of the corpora
Total current assets at the end Of 1929
were $50. 909, $50. and total current LA
bint1es were $36,l37,5a5, ratio OF nearly
IA to l.
Southern Grocery stores. Inc. reports
gross sales for the twenty light day
period ending March 90. 1890. of 81. .335,-
VOV, as compared with M,IS5,UJU Tor the
corresponding period of 1923, represent
ing an increase Of 12.65 per cent. For
the three months period ending March
90 1880, sales were $4,SO5, 900 as COM
pared TO $S.474,O0O for the correspond
Ing period of 1929, representing an in
crease of 23.92 per cent. The company
reports 4Os stores and 1873 meat markets
in operation as Of March %, 1880. as
compared with 400 stores and 1SI meat
markets during similar period Of 1929.
Bond offerings for the frs. quarter OF
1880 were the largest since 1928, exceed
ing the same period of last year by more
than s420. 000. 900 according to the monthly
investment review of Lawrence Stern and
Company, Investment bankers of Chicago
and New York. New stock offerings for
the quarter. however, were the lowest for
any such period since 1927.
WAYNE, Mich, April THE first ten
passenger Stinson Atrliner transport plane.
which Will be powered with three 210-
horse power Lycoming radial air cooled
engines, was put on exhibit here today
in conjunction with the beginning of the
All American Aircraft Show. The plane