Business & Finance: Armour & Co.

Armour & Co. is about to join the long list of U. S. "family" corporations which have in the end sold out to the investing public.

The common stock capitalization of the company amounts to about $100,000,000 and consists of 2,000,000 Class A and 2,000,000 Class B shares. Both classes have a par value of $25 per share. Almost all this stock is at present owned by J. Ogden Armour and his family. Mr. Armour's own interest consists of between 600,000 and 700,000 shares of each issue. Since 1922, when serious readjustments were made in...

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