Abstract

Editorial Paragraphs
October 23, 1929 issue

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This article focuses on the socio-political conditions of the U.S. The Massachusetts Department of Public Utilities has just unanimously denied the Edison Electric Illuminating Co. of Boston, Massachusetts permission to split its stock in four by changing the par value from $100 to $25. The commissioners declare flatly that "no public interest will be served by the reduction of the par value of the stock at this time," but that on the other hand innocent investors are likely to be encouraged in a false expectation of increased dividends.

See Also:

UNITED States -- Social conditions; UNITED States -- Politics & government; ELECTRIC Illuminating Co.; POLITICS, Practical; EARNINGS per share; UNITED States
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