The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-10-07

Tulsa-Daily average production Of crude
(. totaled 2.s7s,6 45 bbls. decrease Of s572
bols according to Gil g. Gas Journal.
Light oil output increased 4,676 barrels
daily.
London. New York cables opened at
4o5 1882. against 4.S5 1916. Paris checks
1888, Amsterdam HOS. 1tak 927S5.
Seton Leather Company declared
quarterly dividend of 25 cents on COM
mon placing stock on 81 annual basis,
against So previously. Dividend payable
Nov. L. record Oct. 16.
Standard Gas and Electric net after ex-
penseS and ordinary taxes for II months
ended Aug. 81. S74, 1874. against s72. $685.
1853 in preceding II months.
Philadelphia Company net after ex-
penses and ordinary taxes for II months
SIS as in preceding eO e months a'' ''O'
Sugar Melt of IS United States rehners
f fG9m ,o Jan to Sept y a t9ta ne SS4G
1929 period. Deliveries totaied $40. 900
long tons. against 100000 long tons.
Canadian celanese, Ltd, declared divi-
dend of $3.50 on per cent preferred,
payable Dec. 81, record Dec. Is.
Sterling cables opened 4.s5 1916. off
.2379Ka, of l.
London. bar silver Is 9-16d. up lad; for
ware, 16 ,9-l6d., up lsd; gold bars 84s
Had unchanged
Lindsay Light Company nine months
net $1.O2 a common share as against 6;
cents share in first nine months of
1929.
Columbian Carbon Company declared
usual extra Of Is cents and regular quar-
terly dividend of $l.25 on voting trust
certificates payable Nov. l, record Oct. IL.
American Eagle Aircraft stockholders
approved reduction in capitalization to
exchange of one new for ten old. New
100000 issue of 6l2 per cent debenture
bonds also approved.
Employment index of industrial depart
ment OF Detroit board of commerce on
Sept. go. was 74.S against SO.8 on Sept
IS. and S5 at end of August on Sept 80,
last year index was at 119.
Memphis Power and Light August profit,
Sl5l ,5lS, after taxes and charges. but be-
fore depreciation, against $129,023 in
August. 1929. For twelve months ended
Aug: 81, profits $2,239,937, before depre~
citation against S2,012,676 in preceding
twelve months.
General Cigar Company declared regular
quarterly dividends on 81 on common pay
able Nov. l, record Oct. II, and S175 on
preferred, payable Dec. l, record Nov. 81
Capital Administration Company, Ltd.
nine months ended Sept. 30, net income
Sl66,OO3, after expenses and taxes equal
after allOting for 6 per cent preferred
dividend requirements to Fl cents a
share on 49, 05 shares of no par Glass
stock. The statement says net assets
as of Sept. 80, totsled $1O,949,242 after
payment of preferred dividends equal to
S22.4O a share on Class stock Total
cost of all common stock held Sept. 80,
was S6,349, 1863 or 41.2 per cent of all
investments.
Super. Maid Corporation declared regular
quarterly dividend of Is cents. payable
Nov. l. record Oct. 20.
Daniel Reeves September sales were So
1929; Nine months s25. $50, 665 against
S24, 672,l26.
For world production in September
81 85 cars and trucks against go 142 in
August and 161, 305 in September. 1929.
Lerner stores Corporation September
sales we're sl,9S4,364. increase of S518, $40
s17.16O,776, increase of s4.864. ASS. ''''''
Eight months net operating income of
class ! roads $3.50. 3o2,II8 or at $50 per
1871 or at 5.48 per cent return. Eight
months gross OF 14.2 per cent.