Naval limits talks spark Hoover support and French plan
Near 100 delegates sail for London with Hoover backing any negotiated accord among the five powers. France backs a six year building holiday and caps on submarines while seeking league disarmament, as U S naval cuts target thousands of tons and new battleships. Prohibition debates flare in Congress over coast guard boats and enforcement.
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Woods Brothers Corporation six year dividend and earning report
The financial note highlights dividends totaling $1,847,416.13 over six years and earned surplus rising from $142,000 in 1924 to $1,454,577.74 in 1929. It covers asset growth to November 30 1929, a 7% preferred stock dividend of $350,000 yearly, and explains targeted reinvestment to strengthen surplus. The company lists three main operations: 14,000 acres of farmland, industrial land development in Kansas City area, and construction of river-related works. It urges investors to consider a safe 7% investment based on past performance and future prospects.
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