The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-07-03
DO7O-JOneS
Sum mary

H. S Richardson. chairman Wick Chem
ical Company. elected director Of Drug
Inc.
LONDON-Nev York cables opened at
AS 1881 against 456 7-32 Paris checks
1872, Amsterdam 1909, italy e2.aoS Ber-
lin 20.
Philadelphia Rapid Transit Company
declares regular quarterly dividend of 81
on common. payable July 81, record July
Is.
spiegel May stern Company omits quar-
terly dividend Of q cents on ccmmon. dqe
dividend Of. s1.62ls cents on preferred. pay
able Aug. l. record July IS.
quarter SEQ 9l6,O27 against $1ls.351.24s in
sesond quarter t 1922 SIX months $780,
current year do not include orders for
radio sets or tubes these divisions being
transferred to radio corporation.
Great Northwestern Railway car loadings
in June totaled 10l,677 cars against 49,
1872 IN June. 1929.
Allegheny Corporation declared regular
quarterly dividend of Sl.37i2 on preferred.
payable Aug. l, record July is.
Manhattan Electric Supply Company
now the American Machine and Metals,
Inc. five months ended May 81. re-
ported net loss $1SS.7Ss after deprecia-
tiOn and upkeep Of Idle Plant, etc.
Chicago &, Northwestern handled 1877
$50 cars during June against 202, 900 in
June. 1929. Wabash handles 1880 cars
against 87,005.
Report. of Crown Willamette Paper Com
pany and subs including Pacific Mills. Ltd,
year April 20. 1880. constitute net profit
iStePest FEDERAL taxes and Minority in
terest equal to .sl7.4l share on 100000
no-par shares of 81 first preferred. Allow
preferred balance equals 5000 a share on
ferred. Common is owned by Crown zeiler-
bach Corporation.
Bank Of France statement week ended
June 81, shows gold 44.052 600 francs
Y. 5e3. 900 900 against u. 496 0oo. 600 Ratio
5000 per cent against 5l.26 per cent.
weeks ended April 26, earned $3.15 share
on 429,7l9 common shares.
American Electric Company year
ended April 80. learned s4.66 a share
on 100000 shares class A common against
S4.6S in preceding year.
Virginia Electric e. Power Company and
subs in twelve months ended May 81,
1890. earnings $2327 share on combined
63. 929 shares of s per cent preferred and
against $2237 a share on 44.743. per cent
preferred and l02.857 Z per cent shares IN
preceding year.
Bangor Hydro Electric May proht s66,e46
after taxes and charges. but before de-
probation against S60.77l in May. 1929
Twelve months ended May 81, surplus after
preferred division and depreciation was
1851 1914 against $469,074 in preceding
twelve.
Fox Film signs contract for its entire
program Of forty eight films with the Fam
Gus Players Canadian corporation and but
terfield circuit operating Seventy-nine thea
tiers in Michigan.
Midland United Company purchased at
public auction larger part Of properties
of Union Traction Company of Indiana
which operates more than 400 miles of
interurban railways.
Gamevell Company completes acquisition
of lockwood Sprinkler Company and It's
Subs.
New York state banking department
issues call for conditions of state banks
and trust companies as of June 80.
Bank of England rate unchanged at 8
per cent Boston rediscount rate cut 10
per cent from 3l2 per cent. Philadelphia
rate reduced to 3l2 per cent form 4 per
cent.