Dominion Glass Company, Montreal, Canada

Dividends at Four Percent

[Trade Journal]

Publication: The Glassworker

Pittsburgh, PA, United States
vol. 37, no. 27, p. 12, col. 3 - 4


DOMINION GLASS DIVIDEND

WILL STAY AT FOUR PER CENT.


While there has been heavy buying of late in Dominion Glass, common, presumably in anticipation of an increased dividend for the next quarter, the Financial Post, of Toronto, Can., says that it has been informed that the 4 per cent rate would remain at least for the coming quarter. The matter has not yet come before the directors, but it is felt that while business conditions are uncertain, a change is not likely to come into effect. While costs of production keep high, prices of the product have eased off, and just at present the percentage of profit in production is lower than last year. Much interest is taken in the coming plebiscite on wine and beer licenses in the Province of Quebec. Those in close touch with the glass company state that a vote favorable to a license will mean increased business for the company over the result if the plebiscite turns out to be registered in the negative.

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Keywords:Dominion Glass Company
Researcher notes: 
Supplemental information: 
Researcher:Bob Stahr
Date completed:July 15, 2007 by: Glenn Drummond;