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...Club: after serving 17 years together, and reaching G.E.'s retirement age of 65, Swope and Young wished to retire on Jan. 1. The directors then elected a new president and chairman (both of whom had, the evening before, been congratulated on their forthcoming election), voted a 65? dividend, and adjourned...

Author: /time Magazine | Title: MANUFACTURING: Bloodless Abdication | 11/27/1939 | See Source »

...contrast common stockholders (the management sold its employes 64% of its own stock) got 719,926 snares of new common and a promise of a $1 "catchup" dividend, if earned. Their total original investment was about...

Author: /time Magazine | Title: UTILITIES: 962 Years Lost | 11/27/1939 | See Source »

...plan: to clear up, the $9 a share accrued on 287,225 preferred shares, exchange of each old 6%, $100-par preferred share for ½ share of new preferred and 2¾ common. The plum if the deal goes through: payment of a 30? dividend, first since 1931, on the common...

Author: /time Magazine | Title: TRADE: Plum | 11/20/1939 | See Source »

...restore Kellogg's profits, down last year to $2,174,581 (less than half of 1934-35-36) due mainly to a $2,000,000 increase in operating expenses. Directors last week made it appear that profits are already mounting by doubling Kellogg's 50? October dividend...

Author: /time Magazine | Title: PERSONNEL: 40 Years Later | 11/20/1939 | See Source »

...profit more than halved. This September London's retail trade dropped 30% under 1938. People bought blankets, clothing, boots & shoes, blackout materials but not much else. Even J. Lyons & Co., Ltd. (teashops) in the West End felt the pinch, for the first time in years cut its dividend from...

Author: /time Magazine | Title: TRADE: Out of Oxford Street | 11/13/1939 | See Source »

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