Word: telegrapher
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Dates: during 1950-1959
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...London Daily Telegraph has added a new correspondent to its U.S. staff, subscribes to the New York Times news service; the London Daily Express now has six reporters in the U.S.-four in New York, one in Washington and one on the West Coast-and has introduced a regular weekly feature called "Transatlantic Page, " a compendium of items about the U.S. The Sunday Express, which recently went to 24 pages (from an average 16), has devoted much of the extra space to U.S. coverage, keeps a fulltime correspondent, Arthur Brittenden in New York City...
...communications, American Telephone & Telegraph President Frederick R. Kappel said the decline in new phone installations was reversed in September and "business is on the way up." Betting heavily on the future, A.T. & T. will spend $2 billion on construction next year for the fourth year...
...stockholders fared so well. Du Pont chopped its year-end payment from $2 to $1.50 per share. United Fruit, citing fruit damage from wind storms, cut its dividend from 75? to 50?. American Telephone & Telegraph declared the same $2.25 quarterly dividend it has paid for 37 years, despite a spate of rumors of a raise. But stockholders have fared well this year despite dividend cuts in hard-hit industries. The New York Stock Exchange reported that cash dividends on common stocks for the first three quarters set a record high of $6.4 billion, up $11.2 million from...
...favorite guessing game on Wall Street these days is figuring how high the industrials would be if American Telephone & Telegraph had not been substituted in 1939 for International Business Machines. Since then, IBM has gone up from 191 to 5.588, counting splits and stock dividends, while A.T. & T. has gone only from 165 to 200%. Harold Clayton of Hemphill, Noyes calculates that the average would now be at 1830, and other experts figure it at 910. All used different short-cut computations. To get the correct figure, it would be necessary to recompute the Dow-Jones average for every market...
...Telegraphed Gifts. More than 2,000 U.S. drugstores have signed up with Gifts By Wire, Inc. of Delray Beach, Fla. in a new national gift-sending service. Customers pick gifts from a catalogue at retail prices (range $3 to $28.50), pay a telegraph fee and 50? service charge to have the gift wrapped and delivered to the recipient in another city...