OCR Text |
Show Underwrite S6,000,000 of Wow Stock. NEW YORK, April 23. Arrangements Arrange-ments have been concluded by Blair & Co., bankers, with the Virginia-Carolina Virginia-Carolina Chemical company to underwrite under-write Its entire issue of $6,000,000 of preferred pre-ferred stock, which that company proposes pro-poses to make as soon as tho increase In capital Is approcved by the shareholders. share-holders. The latter are entitled to subscribe sub-scribe for tho new Issue to the extent of 15 per cent of their present holdings. This la tho first syndicate formed in Wall street to underwrite a new stock In the post year. |