Show MILLION TO BE PAID IN DIVIDENDS By FRANK II H. McCONNELL Associated Press Financial Writer NEW YORK June 27 Al Al Although Although though many dividends have been re reduced re- re and some passed entirely approximately ap rip- proximately will be paid oui OUS in fl dividends t uy y American corpora corpora- lions on July 1 The Thc outflow will lend a substantial addition to the investment publics public's supply of money and by far the thc greater great great- er part of it is expected to find Its way promptly back into circulation In addition to dividend payments American corporations will distribute ute in interest payments to bondholders July 1 Is the most sum sum- mer settlement day of the thc year Total payments by corporations on that date are equaled only by their January 1 disbursements A leading statistical organization which lists virtually every corporation corpora corpora- tion on in which there is a public investment invest invest- ment estimates that approximately one out of nine are still paying divi Nearly corporations are included in this study and approximately of them are arc continuing dividend payments |