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COMMERCIAL

CHRYSLER DIVIDEND.

(United Press Association— BjTelegraph—Copyright). • £•"' ' NEW YORK, November 10. The Chrysler Corporation, ' apparently surprising Wall Street ' after'., the closing of the market, declared * dividend of five and a half dollars* a share oil common stock,; the largest .’ in its history, bringing the total this year to 12 dollars, compared. -with 'twd ddiim'S last year. ‘ U’'-v‘ s . s ... Mr Walter Chrysler said V Ahet profit for the first nine; monthsMif: The year was 41,975,000, dollara; *-

U S. ISSUE OF NEW STOCK. PITTSBURGH, November, 10. One of the largest stock distributions in the history qf American indus- f try has been declared by the Gulf Oil" Corporation, which will issue 113,450,000 dollars worth of shares at par, doubling the company’s capital.. The value of the new stock at current market 'prices'\is approximately 500,000,000 dollars.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19361112.2.72

Bibliographic details

Hokitika Guardian, 12 November 1936, Page 6

Word Count
134

COMMERCIAL Hokitika Guardian, 12 November 1936, Page 6

COMMERCIAL Hokitika Guardian, 12 November 1936, Page 6