Word: dividend
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Earliest of the Administration's housing programs was the set-up whereby PWA would advance money to private limited dividend corporations to erect model housing communities. Results have been almost grotesque. Two projects are under way in New York City, one in The Bronx called Hillside, one in Queens called Boulevard Gardens...
Shrewd Yankee management has kept Scovill, with 300,000 items in its inventory, from missing a dividend in any year since 1855. It never duplicated its Wartime peak of $13,000,000 in profits when its enormous Waterbury plant was completely converted to munitions making but with ultra-conservative accounting it made $4,000,000 in 1929, about $1,000,000 last year...
Favorable dividend action may be expected soon on important stocks...
...spool silk competitors, concentrated production in the efficient Putnam, Conn, plants, scrapped the unprofitable fabric and hosiery manufacturing division, wound up last year with a $500,000 profit. He continued to make money this year, paid off a bond issue. Last week the Belding Heminway directors declared a 50? dividend - their first in six years...
...dividends were determined on the same basis as last year's, 7 per cent on charged purchases and 9 per cent on cash, and will be distributed on Saturday, October 13. This figure is $300 greater than the dividend declared last year...