Stock splits and per share earnings impact on investor sentiment
The text explains how lower per share earnings can dampen labor unrest as owners feel smaller slices of profits, and how stock splits affect prices and investor attitudes. It notes about 200 companies this year splitting stocks, naming Chrysler Deere & Co Singer Cleveland Electric Lockheed Colgate Palmolive Syntex, with last year's 315 splits and AT&T's 1959 split previously announced before Christmas 1958.
MENTIONED IN THIS ARTICLE
Chrysler, Deere & Co
Singer Manufacturing
Cleveland Electric
Lockheed Aircraft
Colgate - Palmolive
Syntex
At&t
Time to fly around world shrinks each year
HAL Boyle notes idiosyncrasies in mail, marriages, and beliefs while collecting quips. The piece cites quick world flights, longer drives to work, a mail truck right of way, male dominance in history, cashier aversion to $2 bills, and a Mountain View Ozark craftsman factory famed for wooden bowls and novelties.
MENTIONED IN THIS ARTICLE
New York
U.S
Jesus Christ
William Shakespeare
Abraham Lincoln
George Washington
Napoleon Bonaparte
United States
Monty Morgan
Arnold H. Glasgow
New Zealand
Dwight D. Eisenhower
Ozark
Mountain View
Stock Split Proposal Delights AT&T Shareholders
AP reports AT&T plans a 2 for 1 stock split with a record 90 cent dividend rising to one dollar. About 12.25 million new shares would be issued to broaden ownership as part of a major expansion, with 2.2 million current holders likely to benefit from a lower price per share.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph
Time Out For Tea Perverse Guide To Teatime Amusements
Set aside a quiet afternoon for tea and simple refreshments. Tea concentrate recipe yields 40 to 43 cups using hot water and loose tea, with optional finger sandwiches and light cakes.
MENTIONED IN THIS ARTICLE
Perceve
Timberlake pushes ready-to-go Air Force Reserve plan
Lt Gen Edward Timberlake, chief of CONAC, proposes a restructured Air Force Reserve along state lines with 46 state sectors, a career incentive program, streamlined training, and realignment of 16 continental area HQs into state-based commands to boost unit cohesion and readiness. He plans to take the plan to the Pentagon this month.
MENTIONED IN THIS ARTICLE
Don McKee
Timberlake
Continental Air Command
CONAC
Iowa
Pentagon
Associated Press
Georgia
AP&L Manager Dies in Hot Springs
Funeral services were held today for J Watt Smith 63 Hot Springs manager for Arkansas Power and Light Co who died Saturday. Smith had been with AP&L for 41 years. Survivors include his widow one son one daughter his mother two brothers and three sisters.
MENTIONED IN THIS ARTICLE
Hot Springs
Ark
J. Watt Smith
Arkansas Power & Light Co
Smith
1Ap&l
Command chief outlines staffing plan for state headquarters
The official proposed allocating nonflying units and individuals to state headquarters, aiming for a cohesive force. He argued a ready unit of 100,000 to 110,000 would be better than a larger but uneven force of 168,000 to 200,500.
MENTIONED IN THIS ARTICLE
Timberlake
Alabama
Tampa
Fla
Continental
Judge M. D. Clark Dies in Forrest City Arkansas
Funeral services were held for St. Francis County Judge M. D. Clark who died Saturday at a Forrest City hospital. He was 64 and served four terms as county judge plus two terms in the Arkansas Legislature and two terms as county tax assessor. He is survived by his widow and six sisters.
MENTIONED IN THIS ARTICLE
Forrest City
Ark
St. Francis County
M. D. Clark
Clark
Arkansas
Spa Park Head By The Associated Press
Bernard T. Campbell, superintendent of Shiloh National Military Park since 1959, has been named superintendent of Hot Springs National Park. He succeeds the late Robert H. Atkinson at Hot Springs.
Also Mentioned on This Page
As Wam Pejada West Esseis
Hal Boyle
By Sam Dawson
AP Business News
Congress
Berlin
Ap&l
A&p
ASP
Ann Page
Mer
Pure Honey
Jane Parker
Brazil
White House
Dar
Silverbrook
Jane Parker Owen
Wim
LUX
Tin
Uis
Folger
Both & Bass
Jonathan
Lindsay
KRAFT
Calif
Wonderson
Warwick
Pink Swan
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