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...Black Friday" in October 1929, U.S. Steel Corp. declared a $1 extra dividend. That was Big Steel's last extra dividend until last week-18 years, less a day, from the market crash-U.S. Steel again declared an extra dividend, of 75? a share, out of its fat third-quarter earnings. It could well afford...

Author: /time Magazine | Title: EARNINGS: Memory of Black Friday | 11/10/1947 | See Source »

...immediately increase the amount of money available to be spent on a competitive market. Further price rises could hardly fail to follow the release of additional spending money through tax reductions. At a time when corporation profits are so high that stockholders can hardly believe the figures on their dividend checks, it is difficult to imagine to what heights profits would soar if corporations were relieved of any substantial part of their tax "burden." In view of the present high level of national income the argument that industry needs the additional incentive that can be obtained by tax cuts appears...

Author: NO WRITER ATTRIBUTED | Title: CUT! | 11/6/1947 | See Source »

...year. The loss, said President Walter S. Gifford, would be offset in part by rate increases already granted in 26 states and asked in 15 others. Despite the lower operating profit and the heavy losses incurred during the strike last spring, A. T. & T. hoped to pay its $9 dividend again this year, and to be earning at that rate by year...

Author: /time Magazine | Title: Facts and Figures | 10/27/1947 | See Source »

...less shiny, Vag emerged and place-kicked a bottlcap neatly between the uprights of two parking meters. He now had a date; only one thing remained. Cakewalking down the white line as be headed for the bank, he erased the last heretical doubt. What good was an uncashed Coop dividend check with an upset brewing in the Stadium...

Author: NO WRITER ATTRIBUTED | Title: The Vagabond | 10/18/1947 | See Source »

Cocoa is parceled out in the world markets by the International Emergency Food Council. Although the U.S. got its full allocation of 258,000 tons, plus a "dividend" of about 10,000 tons, the quota was still far short of the 350,000 tons that U.S. chocolate manufacturers would like to buy. Contributing to the high price of cocoa were three other factors: competitive bidding for a scarce commodity, hoarding by large manufacturers, and a grave miscalculation by speculators...

Author: /time Magazine | Title: COMMODITIES: Storm in a Cocoa Cup | 10/13/1947 | See Source »

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