Word: dividend
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...former president of General Electric, who resigned last March as Director of Defense Mobilization, after a row with Harry Truman, or with Charles E. (for Eben) Wilson, onetime vice president of Worthington Pump & Machinery Corp. Only common complaint of the Charles E. Wilsons: the mailman often mixed up their dividend checks...
...million. Earnings in 1951: $14 million. Industrialists give George Humphrey the major credit for the company's rise to eminence. Said one of his associates: "If you dropped Humphrey in the middle of the Sahara, he'd come out with a newly organized corporation-on a dividend-paying basis." Humphrey's business interests have taken him almost everywhere except the middle of the Sahara. He travels about 100,000 miles a year, says: "There is no fertilizer like the footsteps of the boss...
Galled by a cutback in their dividends from 50? to 40? a share, the stockholders turned on Straus. Macy's sales had slipped 5-5% in the year just ended; earnings had tumbled from $2.51 a share to only 98?. Except for the $2,800,000 realized on the sale of station WOR, Macy's profits would have hit their lowest point since 1942. Jack Straus said that Macy's showing was caused by unusual circumstances: 1) losses during the Macy-Gimbels price war last year, 2) the high cost of installing TV sets...
...these days of low interest rates, the cautious investor will be happy to learn that the Translux has declared a dividend. For your money you not only get the classic Cabinet, but also the Last Laugh, a film that arty aficiandos have already embraced...
...struck it rich in the uranium boom is Blair Burwell, a trained mining engineer. He set up a company in Grand Junction four years ago to provide drilling, exploration and consulting services, has since split his stock 100 for one and paid 20? a share, in effect a $20 dividend on the original stock. But he is an exception; most of the uranium miners on the Colorado Plateau are still waiting for the big chance. Said one: "It's just like a virus. It gets in your blood...