Business & Finance: Mack Trucks

Ever since the auto bus began to be developed as a serious competitor of railroad and traction companies, there has been a vivid interest in Wall Street in Mack Trucks, Inc. Earnings on the stock have been sensational, and prices for it have soared on the anticipation that soon a big "melon" would be split for the special benefit of the shareholders.

The Company, however, has needed money development too much for this. Last August the stockholders were permitted to subscribe to one new share for every five shares held, at $80 per share, thus...

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