To British investors a prime indication of safety is the presence of "good names" in a company. Last week a vast English company which, with its affiliates, represents a capitalization of nearly $500,000,000 and has assets scattered throughout the world, passed dividends upon both the preference and common stocks. This alone, was a shock to London businessmen. But even more shocking were whispers of Scandal about the best of the company's "good names."
Inevitable is the cycle which eventually brings depression to even the most prosperous...
To continue reading:
or
Log-In
