Word: dividend
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...Woolworth at 55, May Dept. Stores at 50, Continental Can at 52½, S. H. Kress at 60, Sears Roebuck at 50, United Biscuit at 28. Special pride is taken in National Dairy Products, issued three years ago at 33. The stock has paid a 33⅓-stock dividend, followed by a 100% stock dividend, is now selling at 78. One of the original $33 shares has become worth $624. Brilliant also has been the record of Goldman Sachs Trading Corp., Goldman Sachs Co.'s own investment trust. Issued last December at 104 its stock opened at 109, split...
Founded in 1861, the Chicago & Alton claims to have been first to introduce dining and sleeping cars. Its main terminals are Chicago, St. Louis, Kansas City. The road was a prosperous dividend-payer for many a year, but after E. H. Harriman purchased it from T. D. Blackstone it grew more mortgages than it could carry. In 1889 it acquired a $45,000,000 mortgage, on which it has steadily paid interest. In 1900 came a $22,000,000 mortgage, held by Farmers Loan & Trust Co., Manhattan, and in 1912 an $18,000,000 mortgage held by United States Mortgage...
Holders of Erie Railroad first and second preferred stock were last week cheered by the decision of Erie directors to pay a $2 semi-annual dividend. It was the first time that Erie preferred had paid a dividend since 1907. The common has never paid a dividend, but common dividends may soon be declared if Erie's present earnings continue...
...cars follow them. In 1916 he took the Nickel Plate, commonly known as "a streak of rust," and quickly made it a sound and paying railway. In 1927 he was transferred to the Erie (not to be confused with the Wheeling & Lake Erie) and rapidly rehabilitated this over-capitalized dividend-passer. Last week was announced his appointment as president of both the Chesapeake & Ohio and the Pere Marquette, these making the third and fourth Van Sweringen roads of which he has been president...
...Steel Corp. production went from 96% of capacity to 100%; entire industry from 96% to 98%. Jones & Laughlin Steel Corp, Pittsburgh's famed family steelmaker, declared an extra dividend...