Word: dividend
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Prosperous Pennsy. The Pennsylvania Railroad Co., which had to dip into reserves last April to pay a 50? dividend, was doing well enough by the end of August to pay another 50? out of current earnings. Its eight months' net of $10,706,283 (v. a $4,666,689 loss in the same 1947 period) amounted to 81? a share...
...result of a recent Supreme Court decision, it is now possible for the Veterans Administration to begin the nationwide auditing job necessary before payment of the first dividend on the GI insurance, an information bulletin from the VA, released here by the Counsellor for Veterans Office, discloses...
...initial investment ($40,000) promises many a dividend. Crowed a press-agent last week: "There are nearly 2,000 colleges in the country, and most of 'em don't even know yet they can get Margaret Shakesp- godammit, I keep calling her Shakespeare...
Despite booming meat sales, the packers' profits have been less than those of other food processors. After paying its first common dividend in ten years in the first quarter of the year, Armour decided not to pay a dividend this summer. Said Armour's Board Chairman George A. Eastwood: "Our earnings on meat last year were at the rate of about one-fifth of a cent a pound. Obviously a profit of one-fifth cent cannot be responsible for the increase which has taken place in meat prices since before the war." Nevertheless, the suit helped drive packing...
Autos. Packard's earnings had never been so good since 1929, said President George T. Christopher, announcing a one-third boost in the company's quarterly dividend: from...