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Well over 12,000 dividends started to flow out of the Harvard Coop this morning, as long lines of Harvard and Radcliffe students formed to receive their money from last year's purchases.
The dividends range from $186.00 to $.03, according to G. E. Cole, Coop manager, with the total amount being in the neighborhood of $88,500.
Over 15 persons received less than a dime, Cole said, but the three-center is as low as possible, since no dividends are paid on purchases totalling less than twenty-five cents. He expressed no surprise over the $136.00 high man, however, since that is not even close to the record.
It took a Radcliffe to establish the high mark, and she not the pace eight years ago. Her dividend check was for the tidy sum of $1,200, showing that she had bought at least $12,000 in cash purchases. "She bought some of practically everything," Cole stated, "but she specialized in collecting rare books."
The most amount the Coop over paid in dividends was in 1929 when $101,000 was given out.
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