New British Loan Announced By J P Morgan Co
J P Morgan Co announces terms for a 250 million dollar British loan to run two years with 5 percent interest. The notes are redeemable by the British government on 30 days notice at 100 1 2 and accrued interest. Collateral includes 100 million in American stocks and bonds, 100 million in Canadian securities, and 100 million in neutral countries bonds. The issue aims to tie up securities and boost British buying power in the U S amid a broad market rally led by Steel.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Great Britain
United States
Possible dividend policy shift favors common stock balance
It appears likely that after settling the preferred obligations a larger common balance remains than ever before. The current year may yield a common balance equal to more than $25 a share after paying accrued dividends, but some conservatives urge withholding common dividends to conserve surplus earnings for maintaining the...
Sunbeam Motion Picture Corporation promises vast earnings power
A fast moving prospectus describes Sunbeam as a cooperative, star-filled studio forming four production companies to issue weekly five reel features. It highlights Wilbur Dunham as president, Mitzi Hajos as star head, Vaughan Glaser as leading man, and George Ridgwell as director general, with L Case Russell and John D. Raridan in key roles. It forecasts 50% annual dividends and rapid stock price rises as the industry expands toward Wall Street.
MENTIONED IN THIS ARTICLE
Mitzi Hajos
Sam
Marguerite Clark
Mary Pickford
Sunbeam Motion Picture Corporation
Vaughan Glaser
Ocean
Zenda
St. Elmo
Sunbeam
George Ridgwell
Griffith
Ince
Ridgwell
Vitagraph Company of America
Edison Company
Universal Company
Ragwell
Insecure Preferred Dividend History Cited
A brief archival note references a preferred dividend that, for the past 15 years, had been viewed as insecure and unstable, signaling concerns over long term reliability and financial stability.
Financial notes on July earnings across multiple firms
New Fingland Power reports July net earnings of 92842 up from 68320 last year due to Ware sub station shutdown after a storm. Hartman Corp posts July sales of 480225, up 35.86 from 316700. Am Smelting reports no Mexican plants operating. Chile Copper July output at 8574000 pounds. Adams opens Worcester office. American Bank Note six month surplus 333822.
MENTIONED IN THIS ARTICLE
Fingland Power Company
American Bank Note Company
Sunbeam stock plan targets New England investors
A limited allotment of Sunbeam treasury shares is offered at five dollars per share to New England investors with price advance possible. The issue aims at 20,000 stockholders nationwide and restricts concentration to prevent control by a few. All shares are voting common stock and holders are urged to promote Sunbeam productions locally and provide ongoing constructive feedback.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
Europe
Steel Corporation
Steel
Northern Texas Electric Company
Fort Worth
Texas
Stond & Webster
Treasury
New England
West
Moving Picture Industry Opportunity Promises Vast Fortunes
A prospectus proclaims a new company poised to control every stage of moving picture production and distribution in the United States and beyond. Investors are urged to buy 20, 100, or 1000 shares, request literature, or arrange personal interviews at the company office to learn more.
MENTIONED IN THIS ARTICLE
Sunbeam Company
United States
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National Tungsten and Silver CO. OF
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AMES
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Pacific Mines Corporation
John H. Hobbs
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Temple H. Fay & CO
Boston Curb Exchange
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Moving Picture Organization
United—mutual
Iim
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Fmison Company
American Smelting & Refining Company
Chile
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Slater Building
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William A. Gaylord
Sunbeam Productions
CURB
Old South
Massachusetts
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Post Office