Word: dividend
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Green Light. ICC allowed Railroader Robert R. Young to divest his Chesapeake & Ohio Railway of control of the New York, Chicago & St. Louis (Nickel Plate) road. He will distribute C. & O.'s 192,400 Nickel Plate shares to C. & O. stockholders as a stock dividend. In permitting Young to shed control of a road that competes with the New York Central, ICC removed one more obstacle to Young's aim to control the Central...
Long String. The American News Co., a distributor of newspapers and magazines, as well as of food on railroads and in bus and airport terminals, got ready to pay its sooth consecutive bimonthly dividend -25?. Since its founding in 1864, it has not missed a dividend...
...their $25, the Lemonaders have had more than just a hearing. Last month, they got a 400% return on their investment: $100 apiece. After they shut up shop this week, they will share another dividend...
...Summer Dividend. To improve relations with its stockholders, McKesson & Robbins, Inc. offered them a free sample of its newest product, a suntan lotion. Of 17,000 holders of common stock, some 5,000 wrote right...
Like a mourner laying a nosegay on a grave, Miss Josephine Roche last week paid the first liquidating dividend of her bankrupt Rocky Mountain Fuel Co., the company the United Mine Workers loved. The dividend of 25? on each of the company's 758,720 shares of common stock came from sales of coal lands and royalties from mines leased to other companies...