The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-08-16

4s7h. UNCHANGED: Paris cneSks. nSSii921'
Arlsteroann. 1908; 4saly' sz'so'' 0eIiAl''
Kansas city reserve bank rediscount rate
cut TO ga per cent from per cent
Owens Illinois Glass and subsidiaries
six months ended JTIy so net proht
st.a7l, 7ai after charges and federal taxes
eouaI after preferred dividend REQUIRE
ments TO Sl.7s q share. par SIS. on slS,-
ssI shares against se.25z,2oo. or s2.4S
share on s27,I1I common shares in hrst
haK 1879. In first half 1923 figures in
eIuded net earnings Of certain sub
salaries aKxreEatinx sSe,5s2. which we're
not ineIuaed In previeus reports for
that period.
Powdrell q Alexander, Inc. for period
jan / to July earned $2.25 common
share against s7.s7 in. ffrst half 1879.
sT5:g IS ceD21 IN mrs. snare against
si3S share in first half 1923.
Executives ofMyron c.. Wick estate vote
to continue as plaintin In suit 70 t en- n ION
Transcontinsntai Oil Company. stock.
holders approved sale OF assets 70 Onlo
Oil Company.
Best q Co in first six r1onths earned
si,99 a common share against $i.f3 q
share in nrst half 1923. ~
UIen q Co. DECLARED regular quarterly
dividend Of 20 cents on common. payable
Oct. Is. record Oct. l.
Bonbright & Co.. Inc. offering sss;o6s
nora Tnt lion n 81 preferred Stock at si0050 to
yield about sos per cent.
American safety Rasbr CORPORATION and
s sSgiist share on 100000 shares against
S3.03 a share on 22S.112 shares In lrst half
1929. June quarter earnings % sgS $z;z f.I a
Tung Sol Lamp Works. Inc. six months
ended June. 80. net income &1sS.s94 after
charges and federal taxes equal after pre-
share on $50 Shares no-par common
in first half 1923.
clared monthly dividend of cents. pay
able Sept. 10, record Aug. 2e. stock on an
annual basis of so cents, former payments
were l2la cents monthly.
international Nickel Of Canada and
subsidiar ies in second quarter earned 20
cents common share against 80 cents
. share in hrst quarter and 50 cents
share in like 1929 quarter. Six months
earnings were so cents a share against
"a cents In first half 1923.
Columbian Carbon Company subsidiaries
in June quarter earned Sl.75 share on
490. sos shares against sl-62 on 4ssS9s
shares In first quarter and S2.zf On 4o1'S44
shares in Ike 1923 quarter.
Canada Power and Paper Corporation
elected to directorate Viscount John Cow
ley. F. J. Humphrey, Frank w Clarke,
James w. Pyke and Hugh Mackay'
United Cigar Stores Of America and sub
sidiarieS for first six months reports COM
bined net profit OF 81, 702 equal to cents
shs snsFs against al st loss q @ IN rs
half 1879.
Brokers' loans decrease SIS. ooo, 900 in
week to $3.I5s,ooo. Federal reseEye, sys-
cent week ago and TAG per cent year ago.
New York ratio $40 per cent against 04:1
per cent and 743 per cent. respectively. no
announcement on rediscount rate OF IA.
per cent.
International Paper and Power Com
pany and subsidiaries in June quarter
earned 66 cents q share on 914,163
shares per cent preferred against 7S
cents share ON 913,601 preferred shares
in preceding quarter and sI.O2 on $780,
GAO preferred shares in ike 1929 quarter.
six months $3.50 per cent preferred
share against $I.S5.
Chrysler Corporation including Dodge
Brothers in first six months earned n
cents a share on 443B. 422 common shares
against $4.06 q share on 4,452. 809 shares in
first half 1929. June quarter earnings 73
cents a share against cents in previous
quarter and $2.07 in June, 1929. quarter.
Matthew Sloan president New York Ed
son Company elected q director. Regular
quarterly dividends declared.
Oklahoma Oil operators will be asked at
meeting Aug. 81 at Oklahoma City to con-
tinue proration for ninety days from
CpOfpnnher