Investment Information from The Tribune Column
Investors questions on Canadian bonds and U S results answered with a Canadian 5 percent note, internal bonds, and stock advice. The piece discusses currencies, exchange rates, dividends, and specific issues like Columbia Gas and Electric, Illinois Steel, and Atchison adjustments. It notes caution on speculative issues and details reorganization talks for Maxwell and related merger plans.
MENTIONED IN THIS ARTICLE
Lquestinn
Walt Gore
Kimi
North Western Railway Cuts Dividends amid Cash Shortage
The Chicago and Northwestern Railway board ordered a reduction in the common stock dividend from 7 to 1 percent and cut the preferred from 8 to 7 percent due to insufficient cash. Dividends on the common and preferred were reduced. the move triggered a stock price drop and was linked to uncertainties under federal control and the broader railroad situation.
MENTIONED IN THIS ARTICLE
Chicago & Northwestern Railway
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Comedumlin
Noriwanternmid
Atlantic Refining Returns to Power in Superior Oil Deal
Atlantic Refining undertakes a major move with Superior Oil, forming a syndicate to acquire 200,000 shares and directing management via a new holding company. The plan includes a two year arrangement to purchase preferred stock and issue a 4 percent dividend compound, with Brown Brothers White Weld Graham Paruntin Aein and Pensa Co. among the syndicate.
MENTIONED IN THIS ARTICLE
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Ottock
Four Columns of Investment Qs and As in Tribune Sundays
The Tribune publishes four full columns each Sunday featuring investment questions and answers. The item notes the regular weekly series and emphasizes its breadth across topics.
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