Business & Finance: Downtown

Since that grim March day in 1932 when a certain Swede lay down on his bed at No. 5 Avenue Victor-Emmanuel III, Paris and put a bullet through his heart, there has been little but grim news for holders of Kreuger & Toll securities. Last week some of them had a new shock: Manhattan's Marine Midland Trust Co., successor trustee of Kreuger & Toll secured debenture 55, announced that on Sept. 1 it would distribute $25 to each holder of a $1,000 debenture.

Chesapeake & Ohio, only Van Sweringen road to pay dividends throughout the...

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