Word: ponte
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...more in line with the increased cost of living." G.M.'s contribution to the cause: a fat $2.50 extra dividend on top of its regular $1.50 quarterly payment. All told, G.M. stockholders will get $176 million for the quarter, of which $40 million will go to Du Pont, biggest G.M. stockholder. G.M. dividends this year already amount to $7 a share v. 1949's total payment...
...chemicals, oils, rubber, steel, the story was the same. Wilmington's huge Du Pont turned in record sales of $580 million, boosted its net more than a third to an estimated $116 million, including $28 million in dividends from its General Motors .stock. Monsanto Chemical's net rose 64% to $13.1 million. Atlantic Refining Co.'s net shot up from $12.5 million to $17.6 million, General Tire & Rubber's rose an eye-popping 251% to $1,600,000, and Republic Steel, which turned in $25.4 million in the 1949 period, reported a rise to $37.7 million...
Women's tennis for the past four years has been dominated by Louise Brough, Wimbledon champion in 1949, and Margaret Osborne Du Pont, neither of whom has ever shown the verve of Pauline Betz or the grace of Alice Marble. Doris Hart, ranked third, has an outside chance of breaking up the Brough-Du Pont monopoly this year. No one expected as much of bouncing Gussie Moran, pressagent product of a tennis era in which mediocrity is often confused with talent...
...turning out men's all-year suits which can be washed along with the family laundry (Orion's resistance to sunlight and mildew also makes it suitable for auto tops, awnings and shower curtains). But most U.S. consumers will have to wait for Orion until Du Pont gets into volume production later this year...
...surprise, the booming chemical industry was also up. Monsanto Chemical Co.'s net rose from $4,400,000 to $5,800,000, Union Carbide & Carbon's profit was up from $24.5 million to $27.4 million and Du Pont estimated that increased sales had boosted earnings per share to $1.15 v. 91? in last year's first quarter...