The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-01-09
DOzO-JOneS
Summary

LONDON-Copper exporters Inc. has re-
aa PHan' . A ~ ~
IoNDoN-New York cables opened at
ABS 1882: Paris checks, 1879; Amster-
dam. 12.oe2: Italy. s2.745; Berlin. 2o.n.
California Packing Corporation declared
regular quarterly dividend OF 81 on COM
mon payable March 16. record Feb. %.
ARRANGEMENTS made for sale of stock
exchange membership at $3.50, 900 up $40,-
600 from previous sale.
Brokers' loans declined s47,OOo.O0o in
week to s1.S79. 100000: non brokers loans
off $50, 900. 600; reserve system ratio 1873
per cent against 1871 per cent week ago
and i2.9 per cent year ago. New York
ratio 1873 per cent against 71.6, per cent
and GA per cent respectively; no an
nouncement on rediscount rate now at 2
per cent.
General Gable Corporation declared regu-
lar quarterly dividend Of Sl.75 on pre-
ferred, payable Feb. l. record Jan. %.
I December sales Of new Lincoln automo-
biles totaled 486, largest month since
April, 1929. Present output twenty cars
daily and plans being made Tor increased
production.
Texas Power and Light twelve months
ended Nov 80 profit So, l74, 6oS after taxes
against 50, 967. III preceding twelve months.
In December. Island Creek Coal Com
pany mined 413, las tons coal against 499,-
S78 in November, and 492,748 in Decem-
Der. 1929.
American European Securities Com
pany in year ended Dec. 81, 1880, earned
"a cents a common share against $1.i6
in 1929. Securities costing S21.16S,57S
had market value on Dec. 81 last of
19,503, $3.50; on Dec. 81, 1929, securities
costing $50, S25, 959 had a market value
OF 25867 $50. Net assets available for
common stock equal to $3.50 a share.
offering being made in Sweden Of 60
000, 600 kroner 25-year, per cent ponds
of Swedish Match at 1o1.
Daily average volume of federal reserve
bank credit sta ndn goo curing WeeSenq
S44, 900 900 from previous week and $780,
100000 below like 1880 week.
Francs .0s92 3-16. of 1-16; Marks, 2373X,
of /; Spain TOTO. up ia.
New York city member banks report
loans on securities So, 233, 900, 900, against
50, 43S, 900, 900 week ago; all other loans
So, 425 900. 600, against 81, 421, 900, OOO Total
loans IS, SIS, 900 900. against $3.50, O0O, 900.
ended Nov 80 profit 50. 459, 700 after taxes
against aga s. 977,8ss previous IL months.
a BANK n T god Stss%SoS m as
against 2,215,s00, 600 on Dec. 81 and
circulating 4.S25,8oo,ooo. against 4,77S,-
Pacific Gas and Electric applied to Cali
per cent bonds to be Sod at not esS
than 95 proceeds to retire higher interest
bearing bonds.
Minnesota Power. and Light Company
twelve months ended Nov. 80 profit $3.50
SO9 after taxes and a7g but before
twelve months.
Portland Gas al and N Coke ,oz co y, par
depreciation against $1'113,687 preceding
twelve months.
Great Atlantic and Pacific Company
four weeks ended Dec. "a sales $S1, $780,
7O6 against $S7,26O.C55 like period 1929.
For twelve months to Dec. ~ sales
$1,O62. 296. 331 against $1.O27, 914,479. In
December tonnage sales amounted to
417.16S tons against 4O7,3S9 in 1929 and
in twelve months 5.172.55S tons against
4.710,156 in previous year.
Childs Company Decmeber sales declined
1882 from year ago to $2.277. 1853
Twelve months $26.551. AIS off $1,617,249.
Exchange Buffet December sales declined
$50 943 from year ago to S544 012. Eight
months, $4004. $50. % $34S,28
November net operating income of class
railroads $62. 063. 103 against $40. SAC, 632
in November: 1929. according to Bureau
T aesinSt 81 2o2 s1s months