Word: corp
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Dates: during 1960-1969
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...took World War II, with its influx of dispersed war plants and military bases, to give thousands of non-millionaires an incurable taste for desert living. By some estimates, half of the Army Air Corps pilots trained at Williams and Luke air-bases worked their way back to the Phoenix area after the war. Companies, too, returned. Goodyear Aircraft Corp., which modified patrol bombers there during the war, migrated back to produce missile components. Hughes Aircraft Co. set up Falcon missile production at Tucson. Word of the easy life spread through family and community grapevines. Chicago's Paul...
...regular quarterly dividend of 40? a share. Directors of American Tobacco Co. voted an extra dividend of $1 on top of its regular $1 quarterly dividend. American News Co. raised its quarterly dividend from 40? to 50? a share, Johnson & Johnson from 20? to 25?, Associated Dry Goods Corp. from 55? to 62½?. McDonnell Aircraft announced plans to split its stock 2 for 1 and double its annual cash dividend of $1. Stock dividends were declared by St. Regis Paper Co., Cooper-Bessemer Corp., Aetna Casualty and Surety...
...York's busy over-the-counter market, the stock of the obscure Oreclone Concentrating Corp., holder of a process of treating low-grade iron ores to make them commercially usable, created a sensation. Issued last fall at $3 a share, the stock bounded to $30. But three weeks ago the price plunged from $28 to $2 in eight hours. Last week, after investigating this giddy performance, New York Attorney General Louis J. Lefkowitz charged that "professional racketeers, promoters and boiler-room operators" had bilked investors of $4,000,000. Only this time, said Lefkowitz, the public had company...
Home Talkies. The first sound camera for home movies was announced by Fairchild Camera & Instrument Corp. The 8-mm. 4½-lb. camera is equipped with microphone and takes a special Ansco film with a magnetic stripe to synchronize sound with picture. Sound can also be dubbed in on silent movies by adding a sound stripe and running both through projector. Price: $239.50 for camera, $7.50 for 100 ft. of film and $249.50 for projector...
...Hearing Aid. A hearing aid, "the Extended Range," which covers four octaves and eliminates most background noises and distortions that often make hearing difficult with aids, was put on sale by Zenith Radio Corp. Price...