The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-03-19

gill q I16IlhS. LILO PISoCAAeS a w
crease of 374,439, or 81 per cent.
CHICAGO. March 1s.-Unhlled, orders on
the books OF Detroit Gear and Machine
Corporation o4t on March /. totaled in ex-
cent ever untitled orders on March !. 1929,
c. S. Davis. president OF Borg Warner
GoTporaoa' SalG Manufacturer in
the last thirty days totaled over S75O.000.
The net railway operating income of the
class I railroads in January amounted to
s55 asa 416 which for that month was at
Che annual rats Of return Of S.es per cent
reports Just filed by the carriers with
the Bureau OF Railway Economics: In
January. 1929. their net railway 0perat-
SIT per cent on their property invest
ment.
CHICAGO. March 1e.-Houdatlle- Hershey
Corporation for the year ended Dec, 81.
1925 showed net earnings OF $2,Sls o6s'
according to the annual report issued to
stockholders by Claire L. Barnes preSl-
After dividend requirements for the year
on TIA. $40 shares Of Glass "a stock, these
earnings are equivalent to s4.64 share
on the 51S,3s3 shares OF Glass B. STOCK
outstanding at the close OF the year
An additional issue of 25,O 900 shares of
s6 dividend preferred stock OF Gun states
Utilities Company is being offered Tues
dav bv stone & Webster and Blodget, Inc,
Chase Securities Corporation Banc-
ba p4oceed ano from the
sale Of this stock win be used to finance
additions to property repreSenseo oy ll n'3r-
poses. The offering is priced at se8 80
and accrued dividend per share to yield
500 per cent.
At the annual stockholders meeting OF
North Star Insurance Company held by
Benjamin D. Mosser Of Clark, Dodge q q
& Co were elected to the board OF d1-
rectors.
CHICAGO. March 19.-Ryan Car Com
PAW in 1929 earned small operating
profit compared with deficit the proceed
Ing year and entered 1880 WIN the oeSI
wears. The annual report reveals that
net income was S11 ,463, which equals. san
stock outstanding, compared with net
deficit Of $17,7I5 in 1928.
Pathe Exchange. Inc. today announces
the 1rst release of newsreel films in nat
ural color for Pathe Sound News. the
pictures are made with = new type 10 81
YEAR 6v the Pathe research staff. The
details of the process. which IS named
Pathe Coloratura, are not MADE PUBIC;
An extensive investment IL equipment ana
processing facilities has been absorbed In
the operations of Pathe Sound News.
Net earnings of Willow Cafeterias, Inc.
for the month of February before de-
probation, amortization and other charges
we're sal .9o4 After all charges net net in IN
come for the month amounted to $50, O53,
compared with $36.651 for the month OF
January OF this year.
After rising % per cent in thTe S,,y ea ai
show another marked increased this year,
a survey by leading tin producers tndi-
Gates.
At a stockholders meeting Of all direc-
tors of Russeks Fifth Avenue, Inc. were
reelected and Walter G. Brown OF George
H Burr g. Co. was added to the board.
All officers we're reelected.
February sales of Duesenberg. Inc. sub
sidiarv of Auburn Automobile Company,
moderately exceeded those Of January, h.
T. Ames. vice president. stated.
Sales at the Los Angeles and to San fran ran
said AT these two shows held during
February, DueSenberg was well repre-
sented with nine cars and attracted con-
siderable attention.