New Jersey is expected to come late the market olmest immediately raise capital of $200,000,000 or more. This will constitute one of the largest industrial financing operations on record. Plans have been under consideration for months for the withdrawal of the Company's seven per cent, preference shares and the issue of new—deben and ordinary shares, It is expected that a big banking syndicate will be formed under the leadership of J. P. Morgan and Company to underwrite the new issue, Nov. 15, The Standard Cit Ca, of New Jersey has announced a quarterly, dividend of 25 cents a share with an extra bonus of 12h cents a share, The Company has also voted to Fetire $26,000,000 worth of outstand= presumably, do not constitute aniing preferred shares at $115 a. offence in French law.—Reuter. share—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.