Money's Worth Stockholders Income Rate Rising Fast
Sylvia Porter notes stockholders are seeing the fastest rise in personal income as cash dividends climb to record levels. By midyear payments exceed $5 billion with GM alone set to pay $286 million on June 10. 1963 is expected to reach about $17 billion in dividends, surpassing farmers and landlords.
MENTIONED IN THIS ARTICLE
New York
America
U.S
General Motors
New York Stock Exchange
P.S
The
Rising dividends lift personal income in 1962 63
A look at 1962 63 shows dividends as a 9 percent rise in personal income outpacing total income gains of 5 percent while wages and salaries rose 5 percent. Corporate profits hit a record 53.2 billion and auto dividend hikes led by Chrysler General Motors contrast with steel’s 5 percent cut.
MENTIONED IN THIS ARTICLE
Chrysler- General Motors
Pentagon: U S Substantially Ahead of Reds
The Pentagon says the United States is substantially ahead of the Soviet Union in nuclear missile production. Assistant Secretary Paul Nitze cautioned that a Minuteman ICBM or Polaris submarine-launched missile could shift strategic balance, while no specific dates were given.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
U. S
Russia
Paul Nitze
Defense
International Security Affairs
Congratulations Call As Big Hit for Graduates
A short message from Northwestern Bell promotes long distance calls as an inexpensive way to convey congratulations to graduates. The ad emphasizes the value of phone calls as a personal presence.
MENTIONED IN THIS ARTICLE
Northwestern Bell
Drama Award Given at University of Iowa Banquet
James Buss of Cedar Rapids received a Scarlet Mask award at the University of Iowa theater's annual Purple Mask banquet in Iowa City.
MENTIONED IN THIS ARTICLE
Iowa City
James Buss
Cedar Rapids
University of Iowa Theater
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By Sylvia Porter
Little Liz
Treasury
Ing
Nitze
Earth
Smulekoff
OLD Quaker Distilling CO
Lawrenceburg, Ind
Amana
H.P