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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 03, 1963

Page

7

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.

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.

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.

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.

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.

Iowa City James Buss Cedar Rapids University of Iowa Theater

Also Mentioned on This Page

By Sylvia Porter Little Liz Treasury Ing Nitze Earth Smulekoff OLD Quaker Distilling CO Lawrenceburg, Ind Amana H.P
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