Profit rebound boosts share the wealth approach
Profit rebound boosts the share the wealth approach as companies raise and wind toward record dividends. The NYSE magazine notes dividend payouts rise while many firms retain earnings for growth. Commerce data show first quarter cash dividends at 124 billion dollars, up 700 million from late 1958, with more shares paying dividends and stock splits increasing.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
New York Stock Exchange
the Exchange
Polaroid
United Fruit
Department of Commerce
iAore
Stock Exchange
Glendo Dam Set for Tuesday Dedication Near Casper
Secretary of the Interior Fred A. Seaton will attend the Glendo Dam dedication near Casper next Tuesday as part of the North Platte project effort. The facility will supply irrigation for about 320,000 acres in Wyoming and Nebraska, with 433,200 kilowatts of electricity from six riverside plants and a total storage of around 800,000 acre feet.
MENTIONED IN THIS ARTICLE
Wasiington
Fred A. Seaton
Thurs
Glendo Dam
Nori Platte River
Wyoming
Sesion
Casper
North Platte Project
Nebraska
Glendo
North Plate River
Gray Reef
Alecova
Sealom Sain
Alcova
Pathfinder
Seminoe
Glende Dam
Colorado
Glenda Dam
Fremont’ Canyon
Reclamation Commission
Floyd E. Dominy
Joe J. Mickey
Gale WeGee
Joseph O'Mahoney
Democrats
Jone
Keith ‘Thomson
Wil
Pork
CF&I Prepares For Steel Strike
PUEBLO AP Officials of CF&I and the United Steelworkers of America discussed shut down procedures for the Colorado Fuel & Iron plant in Pueblo. They met to outline steps for a nationwide strike planned for June 30. Union and company leaders are negotiating in New York on a new contract. A union spokesman said preliminary agreements covered peaceful picketing and access for essential plant maintenance.
MENTIONED IN THIS ARTICLE
Pueblo
Colorado Fuel & Iron Corp
Cf&i
United Sterbworkers of America
New York
Security Life Co Plans Denver Skyscraper Hotel Office
Security Life and Accident Co announces plans for a 51 story hotel and office tower across from the State Capitol in Denver. President F Burr Betts says site is 258 by 125 feet at Lincoln Street and East Colfax Avenue and construction depends on negotiations. Betts declines timelines and says project would be built on a tense basis. The company currently occupies 810 Idle Street in downtown Denver.
MENTIONED IN THIS ARTICLE
Denver
State Capitol
F. Burr Belts
Security Life and Accident Co
First National Bank
Betts
Insurance
Aida
Lincoln St
Colifax Ave
Nordland Railway Extension Reaches Farther North
The Nordland Railway, famed as one of the world’s most northerly lines, will extend from Yrontheim across the Arctic Circle to Sandal and onward to Bata about 55 miles farther north. Completion is planned by 1662.
MENTIONED IN THIS ARTICLE
Nordland
Yrontheim
Norway
Arctic Circle
Sandal
Bata
Navy photographs red sub loafing south of Iceland
The Navy sighted and photographed a Soviet submarine south of Iceland. A U.S. submarine and a Navy plane spotted the sub about 160 miles south of Iceland. The 2 class diesel electric subs show no visible deck structures for missiles.
MENTIONED IN THIS ARTICLE
Iceland
Washington
Navy
U.S
Youths Held in Reno for Slaying of Pueblo Man
Reno police allege two youths from Pueblo Colorado admitted a slaying of Margarito Hernandez a 38 year old Pueblo steel worker. They claim self defense after a fight last Tuesday night and say they abandoned the victim’s car then rode to Reno by hitchhiking.
MENTIONED IN THIS ARTICLE
Reno
Nev
William Brodhead
Colorado
Puelo
Cdnn
Pollen
David Penny
Robert Marshall
Puchto
Brodhead
Penny
Marshall
Margarito PD
Mernandez
Pieblo
Ely
Nevada
Springs Pharmacist Awarded CU Honor
Fred W. Kohler of Colorado Springs received the University of Colorado School of Pharmacy distinguished service award at commencement exercises. The honor, second ever given by the school, recognized loyalty devotion and unsurpassed service to the profession of pharmacy. Kohler graduated from Colorado in 1933 and founded a Colorado Springs business three years later. He is a founder of the El Paso County Pharmacists Assn.
Greece rejects Red intervention on missile bases
AVHENS Greece rejects Soviet pressure over missile bases in Greek affairs. Foreign Ministry says outside interference is inadmissible and Greece will not quit the North Atlantic Treaty Organization as urged.
MENTIONED IN THIS ARTICLE
Greece
Avhens
Soviet Union
France Faces Tinder Box Over Catholic School Aid
France confronts a political crisis as Debre trials a nonpartisan commission to review Catholic school aid. The left demands state control of education while the right presses for church subsidies, risking a split with a potential leftist alliance with the Communists.
MENTIONED IN THIS ARTICLE
France
Andreas Freund
PARIS
Michel Debre
Debre
Iie
National Assembly
Assembly
Charles de ‘Gaulle
Algeria
de Claulle
Insect Report Finds Alfalfa and Pea Pests Active
Colorado State University entomologist Gordon Mickle reports alfalfa weevils and pea aphids are widespread in the states top legume. Weevils mainly in the first cutting across western and eastern regions, pea aphids abundant near Pueblo and northeast Colorado. Beneficial insects and careful late-season spraying advised for infested fields.
MENTIONED IN THIS ARTICLE
Yort Collins
Colorado
Mesa
Delta
Arkansas Valley
Mickle
Pueblo
Fifteen Ranches Bay Government Tracts Sold at Auction
Fifteen ranchers bought 1895 acres of scattered government land in Baca and Beil counties at public auction for 15235 dollars. Bureau of Land Management supervisor Lowell Puckett said the sale aims to reduce government costs by disposing of isolated parcels.
MENTIONED IN THIS ARTICLE
Denver
Baca
Beil
Bureau of Land Management
Lowell Puckett
Argentine firm to produce dried fish fillets in Deseado
An Argentine firm in Puertos Deseado plans a plant capable of drying five tons of fish fillets per day. The project aims to expand local seafood processing, create jobs, and boost regional exports.
MENTIONED IN THIS ARTICLE
Puerts' Deseado
Treasure Island Real Estate Boom Returns to Fame
Island of Pines in the Caribbean sees renewed interest as American buyers explore undeveloped acres amid legends of buried treasure. Investors eye hillside fronts, black sand Bibinagua beach, and a vast south coast region bought by Arthur Vining Davis. Flights from Havana and ferries connect the island 200 miles off Cuba, with nonstop $35 round trips under discussion.
MENTIONED IN THIS ARTICLE
Theodore A
Ediger Nueva Gerona
Isle of Pines
iCule
Caribbean
Robert
Louis Stevenson
Treasure Island
Rhode Island
Arthur Vining Davis
Aluminum Corp. of America
Davis
Bibijagua
Havana
Florida
Also Mentioned on This Page
Ciog
Tenth Street
Springs Pharmacist
Easton
Chuck Easton
Elgin
Gresley
Ranches Bay
Automatic Transmission Company
2Nd St
Taek
Peek
Keeling Aubatanes
BiosDyne
Fuerentes
Ed McCarthy
New Haven Railroad
Camp Plains
Able
Army Medical Research “Laboratory
Knox
Austria
Vienna
Balcem Industries
Gresley, Cols
Greeley Furniture Co
Eighth Ave
Kl An
Krave
Jong
Guerie
Dave Greeley
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