Word: dividend
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...pulp production if it can get $8,500,000 in foreign exchange in return for half ownership. India's Orissa province needs $1,500,000 in foreign capital to build a $3,700,000 brick and ceramic factory, which after two years should yield a tax-free dividend of 10%. Puerto Rico has a private investor who wants capital for a $2,000,000 tire plant. Thailand needs a cannery and food-freezing plant...
...split off from management, since Burger, 68, is neither an heir nor a trustee of the Hartford fortune. So far, all the Hartfords want him to continue managing the store. Since the stock earned $19.21 a share last year, up from $16.09, and paid $7 a share dividend while A. & P. grossed $4.5 billion, there is no reason to change...
Most Southern authors have a marked tendency to breathe harder than other writers, especially when they tackle historical fiction. Out of the huffing and puffing come purple imagery, melodrama of incest and murder, sentence structure as involuted as an express highway cloverleaf. The dividend from this school of writing is that the reader achieves a total immersion in the scene; the danger is that he may drown in words. Fortunately, Author Lytle (of Murfreesboro, Tenn.) comes up for air every now and then, and gets on with his story of life in the Cumberlands of Tennessee during the 1870s...
...Profits, No Loans. "Bankers just aren't interested in loaning us money after seeing our books," says Jack Ayer of Trans-Texas Airways, which has never declared a dividend, last year netted barely $10,000 on operating revenues of $5,997,000. Almost every other feeder is in the same squeeze. When Central Airlines asked the Fort Worth National Bank for more than $2,000,000 to replace its DC-35, the bank could only take a sternly "dim view"; Central has already been to the bank 107 times since 1949, is still...
...certainly kin to those of the great master of total piffle. Tanner's trade is boom-escapism; the preferred temperature for hatching one of his books is a Dow-Jones average of 500 or better. Satisfied holders of Auntie Mame can look forward to a fat stock dividend, which Tanner expects to declare on next spring's publishing list. Auntie Mame is going to Europe, though she will scarcely be an innocent abroad. Tentative title: Around the World with Auntie Mame...