GM Plans ThreeForOne Stock Split At Shareholders Vote
General Motors Corp announced a three for one stock split pending stockholders approval at a September 23 special meeting. GM stock rose to 113.37 on the NYSE, with West Coast prices up to 118 750 in San Francisco and 121 in Los Angeles. The move would raise outstanding shares from about 93 million to roughly 279 million, with Du Pont the major holder at 21 million shares. The company had previously issued 4 360,000 shares in March to raise 325 million dollars.
MENTIONED IN THIS ARTICLE
Associated Press
New York
General Motors Corp
New York Stock Exchange
West Coast
San Franisco
Los Angeles
Mret~ Ing
Wilmington
Del
GME
du Pont de Nemours and Co
Prices and dividends of GM stock in 1954
The record shows GM stock trading between 55.75 and 9875 dollars in 1954. The lowest selling price reached 89.50 dollars. The company paid total dividends of 5 dollars per share last year, with two dividends of 1 dollar each this year. GM has split its stock four times previously, the latest being a two-for-one split on October 21, 1850.
MENTIONED IN THIS ARTICLE
Et Ask
Last Rites Held for Mrs Rose Dickinson
The service for Mrs Rose Dickinson was held yesterday at 2 pm at Bracken Funeral Home with Rev R Merriman officiating. Burial followed at Pine Grove Cemetery. Bearers included John Kennedy George Kennedy Gerald Kennedy Neil Siefert Clarence Bailey and G V Bowen. attendees from away included Mrs Myron Culver Himrod NY Mr and Mrs Lew Mulvin Conandohtu Lake Mrs Mildred Arnink and Mrs D F Lines Clymer Mr and Mrs V Bowen Fairview Mr and Mrs Howard Tome Mr and Mrs Hisennedy Linton City.
MENTIONED IN THIS ARTICLE
Russ KK Dickinson
Bracken Funeral Home
Rev. R
Merriman
Pine Grove
John Kennedy
George Kennedy
Gerald Kennedy
Neil Siefert
Clarence Bailey
G.V. Bowen
Myron Culver
Himrod
N.Y
Lew Mulvin
Con
Pulse of Wall Street markets gains widen trading day
New York The stock market moved higher in early trading as members of the New York Stock Exchange and Board of Governors representatives struggled to balance buying and selling orders. General Motors rose after a split was announced, with the stock up about a third of a point, amid a Western exchange list of movers including American Can, Anaconda, Bethlehem Steel, Chrysler, Continental Can, Columbia Gas, Consolidated Edison, Eastman Kodak, General Dynamics, General Electric, General Foods, Montgomery Ward, National Dairy, and more.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Board of Governors
General Motors
Atlantic Refining
Bethlehem Steel
Sach Carrier Corp
Chrysler
Continental
Columbia Gas Systen
Consolidated Edison
Eastman Kodale
General Bynamics
General Electric
General Foods
Montgomery Ward
National Dairy Products
National Distillers
New York Central
North American Aviation
Penna RR
Pepee
Standard Oil of Callt
Tie Water Associates and steel firms cited in market note
In Asia, girls make up 27 percent of high school enrollment and in Africa 28 percent. The report references Standard Oil of Inq gate and the American Stock Exchange. Other entities include NJ, Youngstown, BH, Agro Supply, South Penn O. Inc. The text notes 93 percent and 05 figures amid market commentary.
MENTIONED IN THIS ARTICLE
Tie Water Associates
Youngstown
American Stock Exchange Agro Supply
South Penn
Asia
Africa
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