Business & Finance: Ward War

The last common dividend on the Class A stock of Ward Baking Corp. was paid April 1, 1929. The stock which five years ago was selling at 198 last week was selling at 23½. Profits of $4,232,000 in 1927 slumped to $3,294,000 in 1928 and to $3,124,000 in 1929. During the first half of 1930 the company made $948,548 as compared to $1,795,108 for the corresponding period of 1929. Developing from a single New York city bakery in 1849 to its present position with 22 bakery plants and $44.575.000 assets the Ward company, particularly...

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