Dividend ratio shows investors accept lower stock returns
LA.C. SAYS: A Cleveland Trust Co bulletin notes shareowners now receive about 3.5 percent in dividends from NYSE listed stocks, against a 6 percent historical average. The article explains the price-dividend ratio as a measure of dividends relative to stock price, contrasts it with the price-earnings ratio, and urges investors to consider income and safety when choosing stocks while citing historical highs and lows.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Cleveland Trust Co. Bulletin
L. A.C
Crosby Couple Leaves for Europe Amid World Series Hopes
Bing Crosby Cathy Grant depart San Francisco for several weeks in Europe to attend the Rome Olympic Games and tour until Oct 4 before Crosby’s Pirates chase a World Series bid. Also notes on Barbara Stuart, Gary Crosby, and other entertainment items.
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Bing Crosby
Cathy Grant
San Francisco International Airport
Europe
Crosbys
William Collier
London
Rome
Bing
Pittsburgh Pirates
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Barbara Stuart
Las Vegas
Crosby
Tve
Barbara
Freeport to Build Nation’s First Sea Water Plant
Secretary Seaton joins groundbreaking for Freeport Texas salt water conversion plant intended to desalinate Gulf water for drinking and industrial use. The project aims to cut costs and spur global water supplies, with five plants planned nationwide and completion expected next year.
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Texas
Freeport
Tex
the ‘Interior
Fred A. Seaton
Seaton
Gulf of Mexiico
A. L. Miller
Es Interior Department
Slain and wounded in mid New York chase gun battle
A $10,000 Rockefeller Center cash robbery triggered a gun battle through crowded streets. One bandit was killed, another captured, two escaped. two policemen were wounded. Bandits fled via taxi and foot, with one dying later at Maud Chez Elle. Major suspect Thomas Byrnes, 20, led the gang.
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New York Chase
York
Rockefeller Center
RCA
Lionell Perera
Manfra
Brookes
50Th Street
Rashalf
City Music Hall
John
Dick “Jennings
National Broadcasting Co
Charles Trischler
Hoboken
N.J
Trischler
Lincoln Tunnel
Hudson River
Thomas Byrnes
West Side
Convicted in Killing of Officer in Stockton Case
Elbert Carter, 23, was found guilty of first degree murder for killing a policeman on April 22 by firing two shots in the back. After an eight day trial that began July 7, district attorney Larry Driven presented five witnesses. The jury debated for about an hour and twenty minutes. The case goes to consider Carter’s penalty possibly death in the San Quentin gas chamber.
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Stockton
Elbert Carter
Dist
Atty
Larry Driven
Carter
San Quentin
Group Pushes Fast Action on San Diego Freeway Link
A delegation led by William Cameron of the Intercities Highway Committee journeyed to Sacramento to urge the State Highway Commission to fund the missing nine mile section of the San Diego Freeway from 174th Street to Jefferson Boulevard. The group includes Supervisor Kenneth Hahn, Francis Fox, airport head, and civic leaders from Inglewood Hawthorne Culver City Hermosa Beach El Segundo Gardena Manhattan Beach Palos Verdes Estates Redondo Beach and Torrance. Project cost is estimated at 25 million dollars.
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Intercities Highway Committee
Sacramento
San Diego
174Th St
Jefferson Blvd
State Highway Commission
Kenneth Hahn
Francis Fox
International Airport
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el Segundo
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Palos Verdes
Estates
Redondo Beach
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Weather forecast fragment with unclear details
The readable portion is fragmented and inconclusive about location time and conditions. No solid entities or actionable weather data can be extracted from the garbled text.
Hotel Beachfront Listings on Huntington Beach
Fragments describe a beachfront hotel on Ocean Boulevard with a one block long structure and oceanfront access. Details mention room amenities, daily services, telephone access, inhouse meals, and a phone contact for reservations. Limited legible lines reference rooms, rates, and dining options.
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Huntington
Ocean Blvd
Tyo
Labblet
All Roots Haya
Allston Welling Deck
Taras
Chilaleaks
Tatler Road
Gulsie
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