The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-06-05
DOzg-JOneS
Summary

/ Summary
Eureka Pipe Line Company declared
regular quarterly. dividend OF 81 payable
Aug. /. record July 10.
Bank of England statement As OF June
shows circulation 35s. s9s,0qo pounds
against 35s,131, 600 pounds May %. Ratio
4s.s per cent against 57.s per cent and
bullion 156.s79.0OO pounds against 1885,
10000 pounds.
Exchange Buffet Corporation May sales
s555.74s. against s565,oS2 IN May 1879
London-New York cables opened at
4.s5 1916 against 4.s5 1882, Paris cheeks
1882. Amsterdam 12.os5. Italy s275S.
Berlin 2o.36.
Pittston Company declared initial divi;
june ~ e. S''aS '
Detroit Edison Company declared , regular
record June 20.
American Cyanamid Company declared
regular quarterly dividends Of 4oc. on class
and B common payable July 2 record
June 30.
Contracts let for construction Of 800
mile pipe In.e Of Phillips Pipe Line Com
painy. Republic Steel Corporation will
supply the $4,000 tons Of pipe required.
National shirt Shops May sales sales y we're
s363,595 against $324: $50 in May. lszs s
Five months. 81 653. 701. against 1.429.673.
Bankers acceptances reduced "a of per
sent on all ma str 70 2 dsv per cent
per cent for 100 days and .29s to az per
cent for $50 days maturities.
Best & Co. May net sales were $780,
COG, against $1,343,93o in May. 1929.
Standard Oil, Company Of L9uis5iana,
earned s723 share after charges ETC.,
Engineers Public Service Company and
constituent companies in twelve months
ended April 80. 1880. earned S2.ss a
share on 1.7S3.5s2 common shares against
S2.44 a share on 1,152,157 shares in pre-
ceding year.
Cleveland Tractor Company six months
ended March 81. net profit, $425, 430 after
depreciation. federal taxes, interest. etc.
shares.
Pennsylvania system car lsosa.diinngs for
week ended May 81 were, 1875 cars
against 1854 a week ago, and 165,059 a
year ago. From Jan. l to May 81 load
ings totaled 3,l02,353 against 3,46O,6s6 in
1929 period.
Illinois Power and Light April net,
sl.38S06s after charges but before depre-
cia ton and interest, against $1,Sl2.246 in
1929. Twelve months net was s7,450,133
against s6,153,958
I. C. C. denied motion of Nickel Plate
for dismissal of applications of Wabash
and Pittsburgh & West Virginia seeking
authority to acquire control of Wheeling
& Lake Erie.
c. G. to lease west Jersey & seashore
Railroad for period of $50 years
Mid-Continent Petroleum CORPORATION
elected J. ]. Theisen an additional direc-
tor Stockholders approved amendment to
G chg rte permitting sale Of not more than
to employees.
wyar e 5 RIs Of Sachs 4 d
a director.
General Motors Corporation in second
quarter had 22l,SS3 common stock
holders against 1882 in first quarter
and 22,O95 preferred and debenture
holders against 22,091.
Stockholders of Kraphene Corporation,
formerly Kraft-Phenix Cheese Corporation
voted to dissolve corporation Kraft
Phenix Cheese Corporations name was
changed to Graphene Corporation in order
to facilitate dissolution OF company. which
has been taken over by National Dairy
Products.
White Rock Mineral Springs directors
reelected.
the tFee Year Oy 1923 was Sfef axe
depreciation. depletion retirements. amor
par par on on 100000 Shares. ~
W. T. Grant Company May sales $6,152.-
$40 against SIS. 089 451 in May. 1929 Five
months. $24, ,537 against SCI. 497. 400.
Lane Bryant Inc;, declared regular quar-
able July /, record June Is.
Bank of France statement as of May
80 shows gold 43,SOS, 100000 against 49,
8O2, 900. 900 May %. Circulation 13,01S,-
100000 against 7O9O7. OO0, 900. Ratio 1880
per cent against 1884 per cent.
Kentucky Securities Corporation declared
regular quarterly dividends of S1.29 on
common payable July 1, record June 20 and
June 20.
Illinois Terminal Company authorized by
I: c.; c.. to lease Alton & Eastern R. r.,
St. Louis & Alton r: R: and O'Fallo1a
Suburban Railway Company.
Charles Hayden of Hayden Stone & Co.,
selected director Certaineed Products Cor