Evening star., 1940-11-26
Big Dividend Harvest
Boosted Further by
New Actions
She'll Union Oil Corp.
Orders Payment Of
so Cents q Share
By the Associated Press.

NEW YORK, Nov. 26.-The big
harvest of year-end dividends, for
corporation shareholders in token
of the years substantial rise in busi-
ness and profits, continued to grow
today with announcements of in
creased, extra or special" disburse-
ments by several leading companies
Wall Street sources compared the
large outpour Of stockholders money
with big dividend distributions near
the end of 1887 as companies elected
to give surplus profits to sharehold-
ers rather than turn them into the
Government Treasury under the un-
distributed profits tax, which was
later repealed.
Shell Union Oil Corp. directors
declared a dividend of so cents a
share on the common stock which
doubled the interim distribution
made last July. The dividend is
payable December 20 to holders of
record December g. The action, the
company said, reflects the improved
earnings position this year COM
pared with 1882"
Great Northern Iron.
Other new additions to the list of
dividends included:
Great Northern Iron Ore Prop
critics, 81 on certificates of beneficial
interest payable December 10 to
holders of record December 6, max
ing payments for the year SITS,
against SIPS in 1889.
National Lead Co.
National Lead Co., extra of 3715
cents and regular quarterly of 1914
cents on common stock, payable De-
cember % to holders of record De-
cember 6.
Mullins Manufacturing Corp.
Mullins Manufacturing Corp,
s3.43 applicable to arrears on the ST
preferred stock, payable December
"a to holders of record December 6;
previous payment was SITS in
March, 1888.
American Smelling.
American Smelling & Refining
Co., special dividend of rs cents on
common stock, payable December 27
to holders of record December 6.
Link Belt Co.
Link Belt Co. of Chicago, extra
of 81 on common stock, payable De-
cember 81 to holders OF record De-
cember 6. Regular quarterly of rs
cents, payable March l, 1941, to
holders of record February 10.
Industrial Rayon.
Industrial Rayon Corp, dividend
of so cents share on capital stock,
payable December 20 to holders of
record December 6. This brings
1910 dividends to 50.
Bridgeport Brass.
Bridgeport Brass Co., so cents on
capital stock, payable December 20
to holders of record December g.,
making total of rs cents a share
for the year. No dividends were
paid in 1899.
C. M. Hall Lamp Co.
C. M. Hall Lamp Co., 20 cents,
payable December IA to holders of
record December 6, bringing 1910
payments to $1.2O a share, No divi-
dends were paid last year.
Kentucky Standard.
Standard Oil of Kentucky direc-
tors have declared a regular divi-
dend of Is cents a share and an
extra dividend of 30 cents a share
to stockholders of record Decem-
ber 2.
Payment will be made December
Is. Dividends for the year totaled
$130 share, the same as in 1899.
Atlantic Refining.
Directors of the Atlantic Refining
Co. have declared a dividend of 81
a share on cumulative preferred
stock convertible per cent series A,
payable February 1, 1941, to stock
holders of record January 6, 1941.
Scott Paper Co.
Scott Paper Co. has declared an
extra dividend of Is cents per share
on outstanding common stock, in
addition to the regular quarterly
dividend of 40 cents per share.
Both are payable December 16 to
stockholders of record December 6.
Railway Signal.
General Railway Signal Co. re-
sumed dividends on the common
stock yesterday, directors voting a
disbursement of so cents share,
payable December "a to holders of
record December 10. The previous