The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-08-27

come Sl.1V0.oJJ dIter taxes anu charges
against $500, s7S in second quarter &C
1929. Six months net income s2.64O,010
against $685. 1858 in first half 1929.
Amendments to Texas Oil proraticn
Gulf Coast fields for periods of thirty
days shall limit production to present out
above ma maximum limit Of $50 900 barrels
dailys allowable under original order, al
lowable production in Laredo fixed at
" below present production. Total allow
able for state under amended order APP
proximately. 10000 barrels daily. against
present production OF about $4,000 barrels.
Chesapeake & Ohio Railway declared
initial dividend OF 6212c on new common
pacn6g issue IN sO o apnga 0oSs TSs
was split four-for -one. Dividend is pay
able Oct. /. record Sept. 8.
Pere Marquette Railway declared regular
quarterly dividends of $50 on common and
SIPS each on prior preferred and pre-
fired stocks. Common payable SPIT. 80.
record Sept. 8. and preferred Nov. l, rec
ord Oct. 3.
United States Shares Corporation and
United States Shares Financial Corpora
ton stockholders approved plan. to merge
two companies into new Maryland. Cor
poration- to be called United States
British unemployment deceased during
week of Aug. IL to 2,017957 from 1850, 1877.
United RaiIwsss and Electric Company
of Baltimore July net profit Ns14,35S
after depreciation. interest, taxes. ETC.,
against 35,763 in July. 1929. For seven
months S313,44O against S231,45O.
TTv,ion Ca HarI0,, COrpnraffo,,
declared regular quarterly dividend of 65
cents. payable Oct. /, record Sept. 4.
Missouri Pacific week Aug. % handled
Sl,S57 revenue cars against S6,703 in 1929.
Honolulu Consolidated Oil Company de-
clared regular quarterly dlvldend OF 80
Standard Oil of New Jersey in the
lamp blames American producers for
oversupply of oil, but warns against
stopping imports.
Calumet and Arizona Mining Company
omitS dividend on common due at, this
time. Three months ago a so cents Nivi-
dend was declared and six months ago
$3.50 was paid prior to which three
quarterly payments Of $3.50 were made.
States Steel directors transacted only
routine business.
S. S. Kresge Company declared regular
quarterly dividend Of 40 cents on common
and Sl.75 on preferred.
Tide Water Oil declared regular quarter
ly dividend of 20 cents on common.
National Surety declared regular
quarterly dividend of SIPS.
surplus secs, after charges against
deficit of SS2,475 year ago.
Parmelee Transportation Co. six months
profit $68, 628 before extraordinary non
recurring losses of S5l4, 1924 which were
charged directly against surplus account.
Sowing of winter wheat this fall will be
Az per cent less than last fall according
to reports received by department OF
increase of 1.3 per cent.
international cement declared regular
a6e SEPT o 3d. Teoofd Sept On H. common
Coca-Cola International Corporate ton de-
clared regular quarterly dividend of So on
Quarter ended june 80, net profit $1,1s3,-
22l. against S1.048, 757 in second quarter
Of 1929. Six months net profit s1,825,55l.
American Safety Razor. Company de-
clared regular quarterly dividend OF $l.2o
dydU4c OSpts oOs 4SOOlO SCPbs w.
New York Central and leased lines July
ret over income $4e15s7 agatlnst Sc AZ s9s
249 against $6O,511,575.
Freight lOadings in United States in
week ended Aug. 16 totaled 922,S2S cars,
an increase of 1866 over preceding
week, but 179,144 below like 1929 week
and 135,OS6 below 1928.
Club aluminium Utensil Company and
subsidiaries year June 30 net loss $459,-
ages This compares with net profit in
preceding fiscal year of Saba; After
charges and federal taxes and after writ
ing off 900 for BurSellS inventory loss
equal to l cent share on 27l240 no-par
shares.
Domestic crude oil production in week
daily, an increase of $3.50 over preceding
week. but 495.85o below like 1929 week,
Gasoline stocks declined 100000 barrels
in week to S9,S02,eo0.
Union Guardian Trust Company. of Pc
troit named temporary receiver for Ma
tional Grocer Company.
Pure Oil Company will unite with
Hicock Oil Corporation of Toledo in erect
ing a $1,000. 900 refinery there and de-
velopment Off marine facilities to care
for feet of tankers, according to A. S.
Hicock, president.
Wesson Oil and Snowdrift Company.
Inc. declared regular quarterly dividend
Of SO cents common payable Oct. /, rec
Iron Ore shipments from Lake Erie
docks to Interior Furnaces during first
twenty-four days in August. Totaled
2.874,381 tons against 3567,217 in like
period. 1929.
British Excheauer receints week Aug.