The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-02-05

transportation Company by pur-
chase of its entire capital stock.
The company would be controlled
jointly by the two roads, each pay
ing $4,000. The transportation
company operates a ferry between
Ogdensburg, New York and Pres
colt, Ontario.
BIZ United Press
NEW YORK, Feb. 5.-The first
Peruvian National Loan was
1oated in New York in December,
1927. 1t amounted to 100000 900
and was marketed by j. & w.
Seligman and National City Com
pany.
Last September it was an
nounced that the Seligman COM
pany and National City bank,
fiscal agents for Peru, had ex-
tended a short term credit of
S5,O00,000 to Peru. 1t is this credit
which is to be paid off in part by
the 100000 on deposit here If
the projected bill becomes law.
BIZ United Press
WASHINGTON, Feb. SAC
QUESTION by the Central railroad
of New Jersey of control Of the
Wharton & Northern railroad and
the Mount Hope Mineral railroad
by purchase of capital stock was
approved today by the interstate
commerce commission. The Whar-
ton extends fifteen miles from
Wharton to a connection with the
New York, Susquehanna & West
ern at Greer Pond Junction, N. j.,
and the Mount Hope operates two
miles of yard tracks and sidingS
at Wharton and Mount Hope.
BIZ United Press
NEW YORK, Feb. SIT was rumored in
financial circles Tuesday that the Penn
road Corporation, subsidiary Of the Penn
sylvania railroad, has acquired controlnng
Interest of the Transcontinental Air
The Pennsylvania railroad has had
substantial interest in their ar lines SINCE nee
their organization and participates IN me
air-raN service offered from coast 10 coast
by T. A. T.
The board of directors of the West
Ohio Gas Company has declared the
regular quarterly dividend of IN per
cent on the outstanding : per cent class
preferred stock of the company, pay
able March /, 1880. to stockholders OF
record Feb. Is, 1880.
BIZ United Press
LIMA. Peru, Feb. 5.-A bill was sent to
the Peruvian congress TueSday sQ6no , iaal3
Of S5. 900 900 held by J. 81 w. SehRman 81
Co. and National City bank In New YORK.
The board of directors of the Chicago
South Shore and South Bend Railroad has
declared quarterly DIVIDEND OIL $l.oz12
per hfe on fne socS Of the Complain
payable March l 1880 to stocKh0loerS o.
record Feb. Is, 1880
NEW YORK, Feb. 5.-AcquisitiOn of
the Foster Petroleum Corporation by the
Indian Territory Illuminating Oil Com
panv. a Cities Service subsidiary, was
announced late Tuesday by Henry L.
Doberty g. Co., fiscal agents for Cities
Service.
The board Of directors OF the Indiana
Service Corporation has declared tne
regular
and liz per cent respectively on the out
standing per cent and per cent nsvpp Ffi
March l. 1880, to stockholders of record
Feb. Is, 1880.
BIZ United Press
WASHINGTON, Feb. 5.-The part
played by ]. P. Morgaand Company in
negotiations for acquisition of the
communications facilities of the Radio
Corporation of America by the Inter
national Telephone and Telegraph Cor
poration, was clarified somewhat In corr
respondence made public by the senate
interstate commerce committee Tuesday.
The board Of directors of the Gary
uIar quarterly dividend of s1.80 per share
on the outstanding Class preferred
stock of the company, payable March !,
1880, to stockholders OF record FEB 2O'
1890.