New-York tribune., 1922-12-12
Union Tank Car
Declares so p. C.
Dividend in Stock
Mackay Companies TO Pay
$40 Extra in Cash, Hum
bic Oil and National Lead
Plan to Cut ''AIelons"

Extra dividend declarations, either IN
eash or stock. continued 70 be an
nouneed yesterday By many corpora
tions. .
The list included the declaration OF
n 30 per cent stock dividend b. The
Union Tank Car Corporation, payable
December rs 20 stockholders Of reeora
December %. OF the total authorised
capital Of SIS 900 900 there will be out
standing after the eadiustment tle'-
600 600. Stockholders will receive one
share Of new common for every Two
shares now held.
Directors OF the Maekay companies
declared an extra cash dividend Of ylV
n gharc on the common stock, payable
January . 70 holders Of record Deem
Der 2i.
The Humble Oil & Refining Company,
a gubsidiary Of the Standard Oil Com
nanv Of New Jersey, has called a spe-
eial meeting Of stockholders for Deeem-
ber 1s 10 increase the stock and de-
ciare a stock dividend Of from 90 20
80 per cent and 20 reduce the par value
OF .he stock from 800 a share 20 s25.
Stockholders OF the National Fuel
Gas Company approved an increase IN
The capital stock from f32o0o,00O 20
S37 100000, doubling the present
ass. 500 900 stock outstanding through
a 100 per cent stock dividend.
The National Lead Company, u was
announced. will consider n stock divi-
dend at n meeting on December a. The
company now has S20,e55,4o0 common
stock outstanding out OF total OF
sos 100000 authorized. A stock divi-
dend Of 20 per cent could be declared
without changing tho incorporation
certificate. A larger ono would re.
quire an increase in the authorized
capital.
The REQ Motor Company declared an
extracash dividend Of per cent, IN add
tion to the regular quarterly diaourse-
ment Of ~ per cent, both payeoie
January to stockholders OF record De-
cember 10.
Directors OF the Albany & susars-
hanna Railroad declared an extra divi-
dcnd OF 81 a share on the common
stock. payable January s 20 stock Of
record December 81. The 81. Joseph
Lead Company declared IN extra diyi-
dend Of 25 cents a share, payable
March 20.
The Mother Lode Coalition Mines
Company declared dividend OF oO
cents a share, payable December 80.
The last payment was 30 cents share
on June so last. The company Is con
trolled By the Kenneeott CoppSr Cor
The American Gas & Electric Gem
pany declared stock dividend OF 20
Nor cent in addition 20 the regular
Quarterly dividend Of ~ per cent
In cash. on the common stock, both pay,
able December 90 TO stock OF record
December Is. -,
The Nipissine Mines Company, Ltd
declared an extra dividend OF per
cent. payable January TO stock OF
record December 30.
directors OF the General Fire TX
uneuisher Company declared a stock
dividend Of 90 per cent on SI'0oO'Ooo
outstanding common stock. The new
cash dividend rate will be decided az
tbe annual meeting on February Z.
Two New, Bedford cotton mill companies
declared extra dividends yesterday. The
Neild Manufacturing Company declared
cash dividend OF $50 and the Po-
tomska Mills is 20 pay SIS In cash: Inc
NeiId directors also recommended a
stock dividend Of 100000. II Is re-
ported that the Algonquin Printing
Company is in line for an extra cash
payment. l.
The Hudson Motor Company oe-
elared an extra dividend OF 20 cents IN
addition 10 the regular quarterly. divi-
dcrd Of so cents a share. both are
Layable January 2 20 stoekholders OF
record December p.