Word: dividend
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...porpoise is an object of particular envy. How does a series of clicks and squeaks enable the graceful swimmer to "see" so well through the murkiest water? Scientists from the Lockheed-California Co. are still searching for the answer. But their research is already pointing toward an extra, nonaquatic dividend-a practical aid for blind people walking on land...
They agreed to split Chrysler stock 2-for-l and to maintain the quarterly dividend of 250 on each new share, in effect doubling the dividend. It was the second time this year that Chrysler had split its shares and doubled its dividend...
...sensational. Compared with last year's third quarter, Armco Steel and Youngstown Sheet & Tube more than doubled their profits; Republic's earnings were up 54% and Jones & Laughlin's an awesome 862%, to more than $7,000,000 in the quarter. Inland Steel raised its quarterly dividend from 400 to 450, the first dividend increase by a major steel company in two years. The industry's two biggest companies, U.S. Steel and Bethlehem, are also widely expected to report higher earnings...
...Caesar's, at least so say the Internal Revenue folk who figure that from 1954 to 1960 Comedian Sid Caesar, 41, missed out on paying more than a quarter of a million dollars in taxes. The way I.R.S. adds it, Sid failed to declare quite a bit of dividend dough and allowed himself about $64,000 worth of expenses that were nondeductible. Sid's lawyers, understandably indignant, have asked that the Government's $262,694 claim be thrown out as erroneous...
...Russians. Senate Minority Leader Everett Dirksen said he would go along with it, though he urged the Administration to seek "sweeteners" in the form of political concessions. Wheat growers approved overwhelmingly, with or without sweeteners. Agriculture Secretary Orville Freeman pointed out that the deal would yield a handsome propaganda dividend by showing the world "which country has the agriculture that works." Fact is, both the U.S. and the U.S.S.R. are suffering from farm scandals-the U.S.'s a glut of subsidized agricultural products, the U.S.S.R.'s a shortage brought on by Communist dogmas...