TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

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...

Quotes of the Day »

RAY KELLY, New York City Police Commissioner, on the arrest of a New Jersey man in one of the nation's most baffling missing-children cases, the disappearance more than three decades ago of 6-year-old Etan Patz.
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.