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Lehigh Valley to Show $3.50 a Share: Lower Dividends from Coxe Bros. and Small Anthracite Traffic Account for Decrease

Barron's (1921-1942), 1928-01, Vol.8 (5), p.6

Copyright Dow Jones & Company Inc Jan 30, 1928 ;ISSN: 1077-8039 ;EISSN: 2769-9692

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  • Title:
    Lehigh Valley to Show $3.50 a Share: Lower Dividends from Coxe Bros. and Small Anthracite Traffic Account for Decrease
  • Is Part Of: Barron's (1921-1942), 1928-01, Vol.8 (5), p.6
  • Description: LEHIGH VALLEY RAILROAD CO.'S 1927 earnings reflect the year's anthracite depression. On the basis of the nine months' surplus after charges of $2.66 a share, against $6.26 the previous year, and since the reports to the Interstate Commerce Commission for October and November have shown decreases from 1926 in both gross and net, the road may be expected to show net for the year of $4,250,000, equivalent after preferred dividends, to $3.50 a share (par $50) on 1,210,034...
  • Publisher: Boston, Mass: Dow Jones & Company Inc
  • Language: English
  • Identifier: ISSN: 1077-8039
    EISSN: 2769-9692
  • Source: ProQuest Central
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