Word: dividend
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...General Electric Co. instituted its Cost of Living Adjustment Plan, paid employes making $4,000 and less a bonus based on the Department of Labor's cost-of-living index. Still on this basis, G.E. last week cut its bonus from 5% to 3%, its common stock dividend from...
Ford Motor Co. mails dividend checks to only three stockholders-Henry Ford, his son Edsel and Edsel's wife, Eleanor. Because it has no other stockholders to coddle, the company does not publish an income statement and the public cannot know exactly what Ford's earnings are. Only clue to the firm's profits & losses is the balance sheet it is required to file each year in Massachusetts. Last week the report for 1937 was filed and the public's annual guessing game got under way. Majority guess: Although Ford produced 1,314,369 cars & trucks...
Undergraduates who have struggled through their first divisional examinations during the past week cannot have failed to notice one particularly pleasing feature of these tests. For, in all departments except the sciences, an extra fifteen minutes is given by way of a dividend at the beginning of the exams, a period when the papers can be read over with care and a plan of action formulated in the student's mind. At the end of this time the blue books are given out and no time is lost in beginning the three or four hour trek of pen over paper...
...interlocking relationships; 3) supervision of investment trusts and gradual separation of banks from holding companies; 4) supervision and publicizing of activities of trade associations; 5) amendment of patent laws to prevent use of patent controls for suppression of new inventions; 6) correction of tax laws to encourage competition and dividend distribution. To top all this the President also suggested that Congress consider creating a Bureau of Industrial Economics, modeled on the Bureau of Agricultural Economics, to keep business informed on supply and demand variations throughout...
...present outlook is very poor." With this gloomy statement. President Walter P. Paepcke of Container Corp. last week announced his company's omission of the usual quarterly dividend. Container's first quarter net had plopped from a 1937 profit of $626,970 to a 1938 loss of $53,198. With a few exceptions the same sort of thing was being experienced last week by almost every other U. S. industry. Samples...