New-York tribune., 1922-12-23
otn Products Co.
ke Pay So Extra
AOn Common Stock
.sular Rate Increased to
s6, Net for Nine Months
Enuals SI0.54 on Junior
I.sue, Other Dividends


-, stockholders Of the Corn
go, Rshnips Company we're In.
y Yesterday thst as the result OF
u. .,tsn By shs directors they VIII
~ ertra disbursement Of 70
,rd that the regular rate of
.1 IA, been increased TO IS a
'n''s S,,ee January 2, 1890. the COM
~. h,sn paying dividends at The
,su annually, but the total dis
80. vas brought up TO 50 By the
''I.s 49,, A SO cents a share extra each
Ifs.Ttsf. a.. .o-uo, d..
...s.S. y. : With the regular quarterly
...,..s AZ iE per cent on the pre-
- ,,oek. are payable January 10
'.',.s '...tAoldsn Of record January 2.
. .n,r,.rs Of ths financial dis
~. = .' q hsd been expected The company
tr.cs " asslsrs - 4 stock dividend because
nigst oTS,s, is-~s proht and loss surplus,
Of tne la Re end Of 1921 TO more
amoussIs,sA6s ~ "a 200. A net gain Of point
tnen V,,..suR of the days transactions
:. ,Ss Stock Exchange.
on ~ '..rrinzs Of the company for the
.Ne.s.tk9 ne. s. ended September 30, after
me s.,r,s. .,, taxes and preferred diyi-
~ ssaslied sl0.54 q share on the
ssssn shsres OF common stock. The
~ vssr h expected to show between
~ and SIS . share.
irnoureement was made yesterday
A. ~ Rice Silk Dry Goods Company,
"a Louis, has declared a stock divi-
S.sS ef i76-7 per cent to holders OF
y, common stock. The stock dividend
--sss the distribution to stockholders
"A record December 81 Of common stock
"a par value Of $500 900. Quarterly
ividssSs Of si.7b a share, 10 be paid
j,sutry 1, were declared on sto' ks Of
Al tlhues.
ne MeAndrews 4 Forbes Company
l,t,ared an extra dividend Of per
asi on the common stock. in addition
d TIE regular quarterly dividend Of
~ per cent, payable January 10.
ssoekholders Of the Brooklyn Edison
Company have approved the proposed
,lsn 70 increase the capital stock from
htOo0 900 to s50,000,0 900. All the new
eotk Is 70 be offered 20 present stock
islders. Application Is pending with
AZ Public Service Commission for au-
aonty 70 issue $15,o00,000 Of the In
rssse. Proceeds from the sale will be
ned for extensions and construction
. meet che growing population in
Brooklyn.
stoekholders OF the Standard Oil
Company Of Kentucky have ratified the
roposed increase in the capital stock
lfom sl2,0O0,0O0 20 $l7,500,000, which
WI be distributed in the form Of a
neek dividend Of 66 2-3 per cent.
The Naumkeag Steam Cotton Com
nary declared a stock dividend of 40
psr cent on the common stock, payable
lsnusry Q to stockholders of record
december p.
The United States Mortgage and
trust Company declared an extra divi-
tsnd Of per cent, in addition to the
egular quarterly dividend, both pay
be January 2 to stockholders Of record
December 26.
he Elliott-Fisher Company declared
q ssotk dividend Of 40 per cent on the
common stock, payable in Common B
siotk January 2 10 stockholders Of
fecfd December &C.. 49, -.ls4 s-.fF d
y N. Lupton Publisher, Inc, de-
,llred an initial quarterly dividend Of
. cents q share on the Class A cumu-
itive stock, payable January 2.
A capital readjustment plan Of the
US Elevator Company is reported Ia
rovide for a split-up Of the present
100 par value stock into new shares
I t26 par, On the basis Of four shares
" one.
Merchants Alarmed
Lewis r. Pierson, chairman Of th'
osrd Of the Irving National Bank, al
--l1A = A. NJ. L.-A.t A....fo