Word: ownerships
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Without private ownership of industry, future American technological development will be impeded, President Conant said this week. This important fact, Conant said, is what advocates of public control over basic industry neglect to take into consideration...
Along with its bull, Japan has acquired another U.S. phenomenon, the investment trust, in which investors may buy part ownership in scores of companies. Japan now has seven such booming trusts, which charge only 2½% in commission, and pay 7% interest. So far, they have sold $70 million worth of securities to workers, housewives, farmers, even labor unionists. (One of the biggest trusts, operated by Nikko Securities Co., reports good sales among prostitutes, who have large savings after seven years of occupation...
Mathieson's assets have about tripled (including half ownership of Baltimore's only skyscraper, the Mathieson Building) to $192 million since Nichols took over. Last year it was one of the few big corporations to show a profit gain (7%) despite a 65% jump in taxes. Squibb's was another. On slightly larger sales than Mathieson, it earned $9,700,000, up 20% from 1950. Tom Nichols thinks that with such products as Squibb's new TB drug (TIME, March 3), he can pull up Squibb's profits still further...
Uttar Pradesh's 12 million peasants will henceforth pay taxes direct to the government. They may no longer be evicted from the land they till, even though a zamindar claims it. Those willing to pay ten years of taxes in advance will be granted full ownership of their plots, including the right to sell. Meanwhile, the 2,000,000-odd dispossessed zamindars of Uttar Pradesh, many of them only small holders themselves, will be paid for their lost lands at a rate eight times the land's annual tax value...
...There is a direct relationship between education and stock ownership. Only 7½% of high-school graduates own stock, compared to 18% of college graduates...