Business & Finance: 1929 Returns, Cont.

Many a corporation last week reported its 1929 results. In almost every case the expectation of big gains over 1928 was justified, leaving stockholders only 1930 over which to worry. Notable statements included:

Cities Service Co. (Controls 30 oil, 60 public utility companies): $29,591,000 in 1929 as against $22,876,755 in 1928.

Freeport Texas Co. (Controls with Texas Gulf Sulphur Co. three-fourths of world sulphur supply): $4,085,000 as against $3,275,000.

Indiana Limestone Co. (To whose Board went Col. Robert W. Stewart after his ousting from Standard Oil of Indiana): $10,000 as against $430,000.

National Biscuit...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!