New York Central Increases Dividend to Eight Percent
The New York Central Railroad board announced a raise in the annual dividend to eight percent, with a quarterly disbursement of two percent. The prior rate is not specified in the available text.
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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 15, 1927
Page
6
The New York Central Railroad board announced a raise in the annual dividend to eight percent, with a quarterly disbursement of two percent. The prior rate is not specified in the available text.
Michigan Central declares a semi annual dividend of 20 percent with a prior 200 percent note and payable July 29 for stock recorded July 1. The Big Four line declares a two percent dividend on common stock versus 13.4 percent previously and an 11.2 percent regular quarterly on preferred, all payable July 20 to stock of record July 1.
Dodge Brothers Senior Six Sedan draws warm praise from Niran Bates Pope a noted technical editor. Review highlights its conservative yet modern design with recessed door panels a deep radiator and smooth interior. The engine emphasizes endurance over top speed and the car delivers armchair comfort and velvety control.
Alabama hosts a mainly calm spell with cooler air in the southwest and a partly cloudy to fair Thursday as interior temperatures rise. Georgia shows cloudy showers central and south tonight and Thursday with cooler southern and coastal areas and winds swinging from southwest to northwest. Florida anticipates partly cloudy tonight with thundershowers and cooler north areas. Thursday brings more showers and a cooler central and northern region with winds shifting from south to northwest. Extreme Northwest Florida: partly cloudy tonight with showers and cooler east portions, Thursday fair with winds from southwest to northwest.
New York reports Tex Rickard confirms Jack Dempsey will fight Jack Sharkey on July 21 at Yankee Stadium for a shot at Gene Tunney's heavyweight crown. Dempsey moves east to train in Saratoga, with five weeks to peak. Sharkey, former sailor from Boston, earned his title bid by beating Harry Wills and Jimmy Maloney.
Jack Dempsey confirmed Tex Rickard's plan for a July 21 heavyweight bout between Dempsey and Jack Sharkey of Boston. The winner would face Gene Tunney in a championship fight.
At Ascot on June 15 Asterus owned by M. M. Boussac won the Royal Hunt Cup in a field of 29. Pryory Park owned by J. B. Joel finished second and Delius owned by Reid Walker took third as part of Royal Ascot Week feature racing.
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