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

NoYance Mines, Lto.s declared qu1A ely
| dividend Of so cents and 70 cents IVES
| paid in previous two quarters.
| McCrory stores Corporation May sales
we're 1887 SIC. increase OF 90 per PEI. S 81,
INCREASE GSsp Msys ia per per cent e H
Postal Telegraph and Cable Corpora
ton offers common stockholders right
TO subscribe to additional stock at $40
| in ratio of one share for each four held.
] In first quarter company earned &c cents
a share on 305,295 shares of per cent
preferred against S2,27 a share on $685.
900 preferred shares in like 1929 quarter.
! Bunker Hill & Sullivan Mining reports
| April profit OF 1874, 1872 after charges, but
| before depreciation and depletion. -Four
months profit was Se16,s69.
March operating income Of lo6 tele-
phone companies reported to l. 9. G.,
! $40 ST.. 667 against 500, $50, 541 in March,
1929 Three months, s67,4os.347 against
Schultz United cents to 81 stores May
sales $2,29l 72o an increase OF q go e Joy icy
Ggsr May IL $50 s. ye months S''lo'O
81 .75s. SEQ against 81, e8h, 4i3 in May, 1929.
Five months, $9,67a,20l against Slo,467,-
073.
s. s. Miller, president of Miller Rubber,
elected Chairman Of board. Charles Bor-
land elected president.
Adolph Gobel calls ten-yesr 8 PEI, cent
note for payment on July Z. at l04 and
accrued interest
Merchants and Manufacturers securi-
ties declared regular quarterly dividends
of s7H cents on Glass A, and s1.75 on
prior preferred stock.
Articles of incorporation filed by cotton
co-operatives TO set up new non-StocK cot
ton stabizatlon c9TpS1at d0fto 60 a mee
1ondon-New York cables opened at
1880. Amsterdam 12.o85. Italy s2,765. Ber-
lin 20.36.
Motto Meter Gauge and Equipment Corpo,
March 81. net loss $57,395 after expenses,
taxes. interest, etc.
Pennsylvania Railroad. Company quarter
ended March 81, net income. 81 449. 6sS
after taxes and charges against $12, 1856
in first quarter OF 1929.
Ludlum Steel Company declared regular
quarterly dividend Of SO cents on common
and S1.6212 on preferred.
Syndicate to offer soon $4,000. 900
Middle West Utilities Ar per cent con-
vertibIe notes proceeds to be used for
development of subsidiaries and for other
corporate purposes.
Total federal reserve bank credit OUT
standing on June 4, was $1,000, Ooo 600. m
crease. OF $4,000, 900 over preceding week
and decrease of 5000 100000 from CORE.
spending week of 1928.
in midland district of Michigan 20 cents
barrel to $1.55.
World production in May of Ford cars
and trucks including shipments for for
eign assembly 1898 units against 206.340
in April and 200. 900 in May, 1929. For
1929 period, not including foreign pro-
duction for January.
Brokers' loans increased $4,000, 900 in
week to S4,1O1, 100000; federal reserve
system ratio S2.e per cent against 1913
per cent week ago and 74.4 per cent
year ago. New York ratio Sl.S per cent
against S4.S per cent and 1873 per cent,
respectively. No announcement on re-
discount rate which remains per cent.
Italy raised import duty on wheat 1856
cents a busheI from 1874 cents.
Amerada Corporation adds to directorate
Leroy w. Baldwin. president Of Empire
Trust Company and H. w. Masters repre-
senting the Cowdray interests OF England.
Lone star Gas corpOrastisSgn de. declared &c,
able .IfIne 40 record June IA.
Robert M. Macletchie has been elected
executive president of Hartman National
Bank and Trust Company.
Coty Inc. omitted quarterly dividend OF
so cents due at this time.
Pacific Telephone and Telegraph Com
pany declared regular quarterly dividends
of S1.75 ON common payable June 80,
record June 80, and S1.5O on preferred
payable July Is, record June 80.
Taggert Corporation declared regular
quarterly dividends Of rs cents on com
preferred payable July l. record June 10.
Oklahoma Natural Gas Corporation gross
for twelve months ended April 80. 1890, OF
twelves months. Net after expenses main
tenance and taxes $4,77o,S04 against $4,-
AIS, $40.
Meeting of directors of Lion Oil Refining
Company to act on quarterly dividend of
so cents postponed but will be held not
later than June II. Postponement has
been occasioned by the absence OF Col
]. H. Barton, president from city.