The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-02-10

and Power Company for 1929 was SIS. 475,-
s62 against s1l .33l In o 1879 8.o Net be,
s484s. 523 in 1928. After making the usual
appropriations and transferring from sur:
plus to general reserve account Sso2.OOz
and paving dividends on II the common o,
share for each Of the first three quarters
of the year and 62i2 cents per snare foI
the LIST quarter Ct 1879 o27 the 0aance o DE-
duction for 1929 income tax.
The CrucibIe Steel Company OF Ameri-
ca, In a preliminary report made pub
lie shows that 1929 earnings set high
record for the past nine years. being
equivalent to S11.66 per share Of COM
mon stock, compared with $7.06 for 1928.
In commenting on the prospects of his
company for the current year, the chair
man of the board. Fl. S. wilkinson. says
he believes the year will show an in
crease In both volume ard profits over
the past year"
Henney Motor Company. subsidiary OF
Allied Motor Industries, Inc, placed an
for 400 motors. delivery to begin at once
The order is for the first quarters REQUIRE
ments of Henney Motor Company which
manufactures a special line OF MOTORIZED
hospital and funeral equipment.
The first month of the current year
showed that sales of the leading chain
store systems of the country continued
the upward trend in volume which has
been in evidence for a number of years.
Sales OF the twenty-one system thus
far reporting for January show the ag-
sregatc volume of business to have been
S101, 394535, which total represented
gain of Sc, 7O73 1896 or 20 per cent, COM
pared with January, 1929. according to
figures compiled by George II. Burr
Co.. specialists In chain store financing
and securities.
G. C. Murphy Company reports sales
for January totaling 1888. against
S8l414 for January last year, an increase
of $125, 242, or 1888 per cent.
Schiff Company reports sales for jan
uary, $780, totaling $685., $50, compared
with $3.50 $50 in 1929. an increase of S154,-
SOL or 405 per cent.
The Directors of General Motors Cor
pOration at their meeting held today
declared on the common stock the
regular quarterly dividend of 20 cents
a share payable March IL, 1880 to
addition, the regular quarterly dividends
we're declared on the senior securities
payable May 1. 1880, to stockholders of
record April Z, 1880.
H H. Fishman. Inc. reports total sales
for January of 500 ,059 as compared with
$50, 567 for January 1929, the increase OF
$44, 492 being equal to 1856 per cent.
Report of McKeesport Tin Plate Com
pany for years ended Dec. 81 1929, shows
share of Metal Package Corporation earn
ings. of 50, 400, 200 equivalent to So a share
on 100000 no-par shares OF stock This Ms
81, 587. 9is or $5.29 sabre in 1928.
DETROIT. Feb. 1O.-Kermath Manu-
featuring Company today reported net
income for 1929 of S1S3, 1876 or $1.4S a
share on the common stock. The bal
ance sheet as of Dec. 81, 1929, shows
net working capital of 1891, 4S9. Current
assets are 2.8 times current liabilities.
Sales of Kline Brothers Company for
January. $780, totaled $223,29l against
$197, 513 for January. 1929. an increase OF
$25, 77S or IS per cent.
Metropolitan Chain Stores, Inc;.o report
sales for January. 1929. totaling $e70,774 as
compared with $799, AT. an increase OF
s17l,647 or Plat per cent.
DETROIT. Feb 10.-Directors of the
Brown Fence and Wire Company today
declared the regular quarterly dividend 81
cents a share on the stock. both pay
able Feb. %. to stockholders Of record
Feb. 10.