Stock dividend trend seen as tie to tight money
A spurt in stock rather than cash dividends is a growing trend as firms conserve cash amid tight money conditions. Cash dividends carry income tax while stock dividends may gain capital value when sold. analysts note the practice expands portfolio size without changing ownership share. Other firms like Eastman Kodak and Gulf Oil are cited among those adopting this approach.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Eastman Kodak Gulf of
Cerro de Pasco
Parlor Politics And A Duck In A Saucepan
In a rambling vignette the author contrasts government hospitality and civic rituals with personal tastes. A Pan American Union loan issue looms over business expansion while anecdotes slip into how to cook a duck using paraffin and courtly entertaining at Blair House. The narrator favors traditional domestic prep over elaborate official display.
MENTIONED IN THIS ARTICLE
Reynolds Metal — Combine
Washington
Anderson House
Pan American Union
Government Pays Town
Federal settlements on a foundry formerly owned by the government yielded checks totaling over 260 000 to New Castle and Lawrence County. New Castle and its school district received 177 540, the county 17 802, and Mesta Machine Co. contributed 60 209 to the city and school district and 5 996 to the county. Claims cover 1955 56 with 119 000 more owed for 1954 taxes pending in U S District Court at Pittsburgh.
MENTIONED IN THIS ARTICLE
New Castle
Treasuries
Lawrence County
U. S. Atty
Malcolm Anderson
Mesta Machine Co
Pittsburgh
Mesta
U. S. District Court
Reservation Fight Lost By Indians Over Allegany Lands
The Seneca Indian Nation failed to halt government surveyors entering the Allegany Reservation for flood control studies. Judge Justin C. Morgan denied a motion to stay his order granting the U.S. engineers temporary possession. The dispute centers on proposed flood prevention on the Allegheny River and a Kinzua Dam project potentially flooding parts of the reservation.
MENTIONED IN THIS ARTICLE
Buffalo
Allegany
Federal Dist
Justin C. Morgan
U. S. Engineers
Gove Reservation
Congress
Morgan
Pittsburgh
O'Neill
John Broughton
Broughton
May Boost College Rent in Pennsylvania Colleges
The State Public Instruction Department weighs a rent hike for about 9,000 students at Pennsylvania’s 14 state teachers colleges to fund new dormitories. No survey will decide the amount, with increases likely in both new and existing buildings. Separately, Joe W. Morrow began work at the Miami track as a day laborer 25 years ago at Hialeah Race Track.
MENTIONED IN THIS ARTICLE
Harrisburg
State Public Instruction Department
Pennsylvania
Charles H. Boehm
Joe W. Morrow
Hialeah Race Tract
Miami Track
Pearl Harbor veteran observes 15th anniversary accident
Veteran Roger Tibbets recalls injuries from bending to lift a hammer during Pearl Harbor era events. Ancona tunnel of death opened after 13 years reveals six air raid victims likely unidentified, their bodies crowded inside. Civil authorities explore the bricked entrance used as a prisoner shelter, while skeletons are moved to cemeteries.
MENTIONED IN THIS ARTICLE
Stillwater
Okla
Roger Tibbets
Ancona
Tlaly Oh
Aace
Steel price hike questioned by United Steelworkers leader
United Steelworkers president David J. McDonald argues the steel industry could have absorbed union benefits from last summer without raising prices and still earn ample profit. He spoke at a regional USW meeting where the 7.50 a ton price rise was attacked as unnecessary.
MENTIONED IN THIS ARTICLE
Philadelphia
United Steelworkers
David J. McDonald
McDonald
USW
Arthur G. Goldberg
Goldberg
Marvin Miller
Pennsylvania
New Jersey
Delaware
Contagious Courtesy Club Forms in Stoughton
In Stoughton Wisconsin a teen group formed the Imperial Kustom Klub to promote safe and courteous driving among motorists. Its slogan declares safety and courtesy are contagious and urges drivers to avoid fighting it.
MENTIONED IN THIS ARTICLE
Contagious
Also Mentioned on This Page
Business Mirror
Birdington
Victor
Geaney
Tong
Sam
Blair House
New York, Times
Unny
Anal E Station
PLO
Jack A. Morrow
S. A. Silverman
Optometrists
Teara
7Th St
Indiana
Kunkle Lumber
Jkunkle L
Cs! Lumber CO
Will Opensis
William Risinger
Res
Indiana Rd
Homer City
Leonardson Company
Diamond Drug Store
South Ninth St
Ella Thomas Beauty Shop
Ricemor
Coats
Phila
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