The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-07-10
DOW-JOneS
Summary
~ rhonson 3. MeKInnonl.

Company ratified plan for sale companys
assets TO Bendix Aviation Corporation.
Plan of consolidation in international
Printing Ink Corporation with dyestuns
and chemical division of Newport Company
declared operative.
Special meeting of stockholders Of
United Gas Corporation and United Gas
Company Aug. IL 10 consider consolida-
ton under name Of United Gas Corpora
ton.
Bank of France statement as of July T.,
shows gold A. 1863 .0o0. 900 francs against
900. 900 francs against 70, 593. 900. 900. and
ratio 5o.5S per cent against 5O.Os per cent
Havana secretary of public works pre-
pairing plans for negotiations Of $40, 0o0,-
900 loan for purpose Of reconstructing
vento Springs, which supply Havana with
water.
w. S. Mofatt, elected secretary and
treasurer of Moon Motor Car Company.
other officers and directors reelected.
President and Commander eight-cylinder
models. Prices reduced on slx-cyllnder
models to range from ST95 TO S99o COM
pared with former range OF 1888 ana
Iberian Electric, Ltd. with capital Of
S34,O 0 900. which 1t will invest in cleo
trio properties in Spain and Portugal
formed In Canada. European Electric
Corporation, Ltd. and United Electric
Securities Company instrumental In
formation.
PattsEson-ssaargent COMPANY. e igs months aSsInaf
s622. ISL in like period 1929.
months earnings equal $I.52 a share on
2.o2o, 1873 common shares.
Crown zeIlerback Cso1Tporation Jennings
share against s1.72 a share in preceding
year.
New fall and winter general catalogue
of Sears Roebuck g. Co., which will be
distributed soon. contains lowest prices
in ten years. R. E. Wood, president
states.
First National Stores sales for five weeks
to Tune % we're $40, 653. sos. increase. l0.l
per cent over same 1929 period and for
twenty-six weeks s55.647,o14. increase %
per cent.
! Automobile production in june for
United States and Canada about 243 900
cars and rue against AL 1875 in May ana
567. 424 in June. 1929. Six months 2.S22,-
211 against 3.4l3.804.
San Francisco Stock and Curb Exchange
membership sold for $50. 1000: against last
publicly announced sale in April. 1923. OF
$3.50. 600
American Bankers Association Journal
for July says last month has witnessed
changes in basic factors that have
cleared way for definite recovery later in
year. Says study of history of COMPARE
able periods Of depression indicates bust
ness improvement imminent.
General Parts Corporation declared reg
uIar quarterly dividend of 80 cents on con-
vertible preferred stock. payable Aug. l..
record July 81.
Chicago & Northwestern railroad in first
seven days in July handed S4;2IS revenue
Cleveland employment in June .totale
II ISIS against 1892 in May and S5,o5o IN
June. 1929. M
Gillette Safety Razor directors meet for
dividend in Boston today.
Art Metal Works declared a quarterly
dividend Of Is cents on common. Pre-
viously quarterly dividends Of Is cents
have been paid.
Title Guarantee and Trust Company, six
months ended June 80, earned S4lo a
Share on 500. 600 shares or at annual rate
earned in full 1929 calendar year.
Bank of England statement as OF
.Julv 10 shows circulation 1853, 1903. 900
pounds against 1868, $4,000 pounds July 8.
Ratio 45.S per cent against 20 per cent
and bullion 1855. 900 pounds against
151.S2S,OO0 pounds.
LoNDON-Eew York cables opened at
4sS ii55--s5. fgaiisSe checks Mss" 1855. Amsterdam
1910. italy 81, 9o5, Berlin 2o,3s2.
Pacific Lighting. Company. declared regu-
payable pdEH IHI Aug. is. record Jul 81.
safeway Stores June sales ST.. 7os; l2s,
june, 1929. six months. sllo,6S7,3l5. In
crease s8,S47.0 $50 of SO per cent.
MacMarr stores June. sales s6,s93. 2ss,
decrease s455,047. or 81 per cent from
S STns; i ss.sll. 5 81 OF @o5 So per cent. II
Diamond Shoe June sales s1,sls.ss5, in
crease sis4 $50 or Ss per S Sen ts7. OK OK
1873 per cent.
tv S0nSoftfGa'e Weeks ended June Il. earned
90 cents a share on 40l .365 common shares
against rs cents a share on 399.724 shares
in like 1929 period.