The "world's greatest travel system" was back on a dividend-paying basis last week. The disbursement was small−50¢ a share. But it was the first the Canadian Pacific Railway has paid since 1932, when stockholders were lucky to collect a paltry 31¼¢out of dwindling profits.
C.P.R. is much more than a railway; it operates on land, sea and in the air. Last year was the best in its history. Wall Street and Toronto brokers estimate that 1943 net will be better than the $2.63 a share earned, but not paid to shareholders, in 1942. The 12,000-mile Canadian Pacific Air Line, which...
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