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

Summary |
LoEDoH.-New York cables opened at
4e73b sgainst 4.53 1915; Paris, 1879;
7o.4o5.
London bar silver. IS 7-led, up lid
forward. Is 7-i6d, up 1-i6d; gold bars,
s4s had, unchanged.
Suspension Of constitutional rights in
Havana will be asked by President
MaehadO in message to Cuban congress
this afternoon. Decision 10 make request
came at meeting Of cabinet soon after
midnight Governor Black Of Atlanta re-
serve bank and Greed Taylor, deputy
governor of that bank sail for United
States from Havana. State their further
presence In Cuba unnecessary As condi-
tions are again normal. Censorship Of
Cuban newspapers has been established,
according to Newspaper 81 Pats.
LONDON. of England made no
change in its discount rate Of 3 per cent.
Bank Of France statement as Of Sept.
zs shows geld -. 4si 900 900 francs against
oS ~ goo coo Sept ls e ooS ono 7soss
S2.45 per cent against b275 per cent.
~ Production Of ,slsetrieity 6y electric
States for week ended Sept. 81. was
i.704. 1875. 900 XVIII. according to National
Electric Light Association: This Is 3.2 per
cent below like week 1929. but per cent
above 1928.
-Kansas-Texas handled 1916
OH fv1 Ca1fa Har 81
Las in August and 54.56s in September.
Trans-America Corporation forms eight
subsidiary companies to carry out plan Of
simplihcation and rearranRement of cor
led at 81. 900 900 each. No shares viii be
issued to public and no financing con-
Stockholders owning 81 per cent OF out
standlnR class and common STOCK OF
credit alliance deposit shares under offer
for exchange for Commercial Credit Com
pany stock. Exchange will be made on
or before Oct. 81.
Tennessee Electric Power including
subsidiaries August net after taxes was
$685. against S56s.5S9 in August. 1923.
Twelve months surplus. after preferred
dividends. was S2,59S. 1884 against $780,
127.
Consumers Power Company August net
after taxes was 81 1874, 1913 against Sl.201.-
5s3 in August; 1929. Twelve months, sur
4ls against s7,s75s34.
Iron and steel exports in August was
july. gains being recorded In all but two
principal markets Imports at 35387 tons
reached lowest level since July. 1924.
GOODYEAR Tire and Rubber Company of
Canada president says annual report for
fiscal year ended Sept. 30 will reveal that
market value. lowest in history of rubber
industry. company VIII be in position 10
add to surplus account.
Directors bank Of Italy and bank OF
America formally ratify consolidation OF
banks following notification from Wash
informally approved applications for mer-
ger.
Montgomery Ward September sales $21,-
332,576 a decrease Of S4,795.0l3 from
September, 1929. For nine months $780,
1921 decrease OF $2,545,664.
Secretary of Agriculture Hyde announces
removal effective Oct Is, of last of re-
strictions on shipments of fruit and
out continental United states.
G. C. Julian Oil and Royalties asks
Oklahoma supreme court to dismiss COM
pany's action against Oklahoma Corpora
tiOn commission seeking to prevent en-
fOrcement Of proration in south Okla
hOma city field.
Bank of England statement IS of oct.
2. shows circulation 35g. 900 pounds,
against 355. 768. 900: Sept IS. ratio 49.7 per
cent against $50 per cent and bullion
l56, so. 900 pounds. against 157.427.0o0
pounds.
outlet Company. declared regular quar-
terly dividends of 81 on common. $l.75
feTred all payable Nov. 1. record Oct. 20.
London dispatches state further progress
in tin curtatlment program reported with
announcement that seven. additional tin
dredRes have closed down for four months.
Governor Of Alabama calls meeting of
planters, bankers and cotton dealers Mon
day to discuss ways for reducing cotton
acreage as means of stabilizinG cotton in
dustrY.
Chairman Legge Of farm board deny
ing board is attempting to peg wheat
prices says board Is making supple
mentary loans on grain against which
cO-OperatIves already have secured phi
mary loans.
Celotex reorganization declared ef1ec-
tive with deposit of sufficient stock with
trustees in favor of the plan.
Treasury department receipts for first
quarter Of current fiscal year ended Sept.
so. were 1851 900 900, against $l.0l4, O0O, 900
year ago.
Kansas City Power and Light seven
months net equals $4.35 share on 525,-
900 common shares.