Word: outs
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Dates: during 1950-1959
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U.S. corporations mailed out $833 million in dividend checks to their stockholders in October, the Commerce Department reported last week, a record for the month and $13 million above the $820 million paid out in the corresponding month of 1958.
The steel industry's ingot output last week hit a surprising total of 78.9% of capacity, or 2,233,000 tons. This was nearly 20% better than anticipated and close to the 2,252,000-ton output in the last pre-strike week. As the glowing ingots moved from...
New Offer. The loss to the Government will be greater if the steelworkers walk out again Jan. 26. as they promise to do unless a contract is signed. Trying for a settlement, the eleven-company negotiating committee secretly submitted a better offer while negotiations were recessed. The new offer 1...
Steelworkers' President David McDonald dismissed the offer as "the same old package," insisted that by the union's figuring the actual cash value of the offer was still no more than 24 ?. As for the softer approach to work-rule reform, McDonald said it only made it clearer...
Old Warning. Formal mediation meetings will be resumed after Thanksgiving, but unionists feel that the companies' offer is not likely to be materially raised. If not accepted by the union leadership, the Taft-Hartley law requires submitting management's final offer to a secret-ballot membership vote between...