Word: ponts
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Dates: during 1960-1969
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...number of supermarkets distributing stamps has decreased. To offset supermarket losses, the stamp companies have been cultivating new clients. Sperry & Hutchinson, which reported a 5% increase in first-half sales, also had a 29% jump in sales of stamps to 4,000 corporations, including Westinghouse, RCA and Du Pont. The stamps are used as incentives for salesmen or safety awards for workers; in case U.S. women tire of trading stamps, the industry may turn...
...problem, said the magazine, is the "tremendous disparity" between point changes in the Dow-Jones average and the dollars-and-cents meaning of those changes. The Dow-Jones index is calculated by totaling the per-share value of 30 blue-chip industrial stocks (among them: A.T. &T., Du Pont, General Motors, General Electric, U.S. Steel), then dividing the sum by a frequently changed divisor-now 2.278-to erase the effect of stock splits and dividends. Thus figured, the Dow-Jones average of those 30 stocks stood at 888.82 at week's end, but their average market price...
...makes 25% of its sales in labor-saving devices. As competition in the small-appliance market increases, prices are coming down. General Electric recently reduced the price of its most popular electric knife from $22.95 to $18.98 (discount houses have cut it even further, to $12.44), and Du Pont has come out with a toothbrush...
High-Quality Profits. For Wall Street, the best news is the remarkable rise in corporate profits. Last week record first-half highs were reported by such giants as Du Pont, Socony Mobil, Standard Brands and Ford. Though the rate of increase is likely to be somewhat less spectacular in the second half, Washington policymakers figure that the gains already have been so great that the Government's official estimate of $61 billion in corporate profits for 1965 will probably be exceeded. Investors are reaping the benefits; in this year's first six months, cash dividend payments increased...
...wish to speak clearly," said the letter. "I was sent here by the Morgan, Rockefeller and Du Pont groups." It was signed "Bruce Palmer," commander of U.S. forces serving with the OAS soldiers in the Dominican Republic. Printed in Patria, the leftist daily published in Santo Domingo's rebel zone, the patently phony letter protested that Palmer should not be called "second-in-command" to Brazilian General Hugo Panasco Alvim, chief of the OAS forces, and concluded: "Who would be capable of supposing that a Brazilian could give orders to a white, blonde, Protestant North American...