Reinvested dividends and stock dilution in utilities
Investor questions if reinvesting dividends dilutes holdings. Expert answer: companies raise capital continually via bonds and new shares. reinvestment plans simply convert present investments into new capital without broker fees, and aim to cover costs. Also includes guidance on retirement funds, wills, and estate planning with Sam Shulsky.
Decision to Reinforce DC-10 Engines Yet to Begin
New York reports a plan to reinforce DC-10 engine parts after a fatal crash and other bird strike incidents. General Electric proposes 50 stronger bolts and shock absorbers. FAA officials call for tests. no current grounding or load reductions planned. Gerhard Neumann says risk before modification is extremely minute based on 4 million engine hours and 120 notable object strikes.
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Bridge Play Sparks Laughs as Six Clubs Wins
In a four person duplicate game, South makes 12 tricks in notrump after West leads queen of diamonds. A spade and diamond sequence could have yielded a grand slam for defenders. At the other table North East South West, East opens three spades and South ends at six clubs, narrowly beating the six hearts contract.
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West
East
South
North
Open three notrump on strength to force defender lead
An Iowa reader asks about an opening bid. standard American recommends three notrump with 26 high card points to seek a lead that comes to the opener's hand, aiming for the final contract.
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Iowa
Parliament approves press censorship bill in India
New Delhi AP Parliament passes key press censorship bill by 146 to 27, allowing jail terms up to one year and seizure of publications. Bill forms part of three measures enacted after emergency declaration, with upper house expected to act next week. Also notes 1975 amnesty extension for draft evaders and deserters.
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India
Indira Gandhi
Congress Party
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