Business: Kreuger Finale

Last week the stockholders of Swedish Match Co., meeting at Jönköping, Sweden, approved a new stock issue of 1,100,000 Class B shares. Next day Manhattan newspapers noted briefly that a readjustment plan proposed last April for Kreuger & Toll debentures had been accepted by the U. S. holders. These two occurrences meant that at last thousands of investors could be sure of realizing something on the colossal wastebasket of international paper spilled by Ivar Kreuger when he shot himself in Paris in March 1932. With the $2,500,000 contribution which Swedish Match will be...

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