The pyrotechnics recently seen in Radio Corporation shares on the Stock Exchange has attracted universal attention to this new business. Last fall the stock sold as low as $26.87 a share. From this level they have rushed up as high as $77.75 a share. Investors are now questioning how far this advance has been justified by earnings of the Radio Corporation.
Altogether, there are 1,500,000 common shares authorized, of which 1,155,400 have been issued. Of the latter, 762,000 shares (or 65%) were recently held by the General Electric, the Westinghouse and the United Fruit...
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