The New York herald., 1922-11-30
SPECIAL DIVIDENDS
ARE STILL PILING UP
New List Includes Extras by
Susquehanna Railroad and
American Bank Note.
OTHERS TO PAY IN STOCK
Vulcan DEFINING Resumes
Distributions Deferred
Since March, 1921.

The Buffalo and Susquehanna Rail-
road Company declared yesterday a spe-
cial dividend of SO a share in addition
to the regular quarterly dividend Of Ia
per cent. on the common stock. The
extra payment will be made out Of in
come for the current year. including
that received from securities owned by
the company. The regular semi-annual
disbursement of 2 per cent. on the
preferred stock also has been author
ized All the foregoing dividends will
be paid on December 30 to holders OF
record December Is.
The American Bank Note Company
declared an extra dividend Of % per
cent. in cash and a dividend OF 10 per
cent. in common stock. both payable on
December % to common stockholders of
record December Is. The regular quar-
terly disbursement Of u cents share
on preferred stock also was declared,
payable January to stock OF record
December 10.
The Middle States Oil Corporation au-
thorized payment Of the regular quar-
terly per cent. dividend on January
to stockholders of record December 10,
and In addition decided upon stock dis
hursement under which each holder OF
100 shares OF record on the same date
will receive three shares of the par
value common stock Of the OIL Lease
Development Company. Holders OF frac-
tional shares will share pro rata IN the
distribution. For the three months end
ing September 80 last Middle States on
Company reports net income OF y, ,n7,97s,
subject to depletion. but after expenses.
tax reserves. &C., compared with net
income Of $3.50 7so in the corresponding
quarter of 1sN.
Capital Increase Proposed.
The General Baking Company has
called a special meeting OF stockholders
for December IL to ratify a proposed
increase in authorized common stock
from 10000 to 10000 shares Directors
meet to act on regular dividends Decem-
Der 4.
The Consolidated Car Heating Com
pnny has resumed the payment Of divi-
dends through declaration Of a. quar-
terly dividend OF ~ per cent. payable
January Is to shareholders Of record
Decomher 70.
The williams Too Company has de-
clared a dividend OF ~ per cent. on
the preferred stock, payable January
to stock of record Deccm Der 20. Two
per cent. is the regular quarterly dis
bursement for the final quarter OF this
year The additional one half OF per
cent Is on account of the dividend FOR
the third quarter. the regular per cent.
payment having been deferred. The re-
mailing II. per cent. will be made up at
~. NJ
Stockholders Of the White Eagle Oil
and Refining Company authorized an In
crease in capital stock from 10000
shares TO $4,000 shares. Directors will
meet in Kansas City on December l to
act on a proposed stock dividend OF
o. per cent, and a. cash dividend.
The Vulcan DEFINING Company has
declared a quarterly dividend Of IN per
cent on the preferred and IN per
cent. on preferred "A" stocks. both
payable January % to stock Of record
January Q. Action on those dividends
was deferred in March. 1921.
standard OH Dividends.
Borne. scrymser Company has de-
cIare,a a stock dividend Of 400 per cent.
payable December 80 to stock OF record
December Q. Directors announced their
intention Of paying a stock dividend last
month and stockholders approved the
plan.
A special meeting OF stockholders of
the Standard Oil Company OF Kansas
ratified an increase in capital stock from
So. 900, 900 to ss.00o,0Q0 and reduction
In par value from 500 to s25 share.
The Torrington Company has de-
clared the regular quarterly dividend OF
62is cents and an extra of 1915 on
common stock. both payable December
90 to stock Of record December s.
Tho Cabarrus Mills Of Kannapolis.
y. G., have increased their capital stock
from ss.O0o.000 to s7.000.oo0 and II Is
expected that the increased stock will
be distributed as a dividend. Another
member of this group. the Cannon Man
ufacturing Company, recently declared
zoo per cent. stock dividend.
The Golden Rule, Inc, Of St. Paul
has increased It's capital from $750,ooo
TO s3,000,000
The Detroit Motor Bus Company has
declared a rs per cent. stock dividend
payable December 10 to stockholders
of record November 2S. the regular
quarterly dividend OF per cent and
an extra dividend Of ! per cent, all
payable January Is to stock OF record
December 80.
The Detroit Creamery Company has
declared a SO per cent. stock dividend
payable December 10 to shareholders of
record December 8.