Radio Shack gains in November sales. Winnebago reports higher quarter
Radio Shack and parent Tandy report November 1976 sales gains over 1975 with Radio Shack North America posting 80.1 million and Tandy 86.5 million for the month. Winnebago Industries shows first quarter earnings of 2.98 million on 57.4 million in sales, a 48.2 percent rise, as it ends modular housing production. Wolverine World Wide raises its quarterly dividend to three cents per share, payable Feb 1 1977 to holders of record Jan 3 1977, amid company improvements. Hemphill transfers from Iowa Electric Light & Power Muscatine plant to Sterling Colorado as division manager of a natural gas system, after 22 years with the company.
MENTIONED IN THIS ARTICLE
Radio Shack
North America
Tandy Corporation
Tandy
Muscatine Mall
States
Canada
Tandy International Electronics
Forest City
Winnebago Industries, Inc
Winnebago
John V. Hanson
Wolverine World Wide, Inc
Wolverine
Muscatine
Musser St
William K. Hemphill
Fair Acres
Iowa Electric Light & Power Company
Sterling
Colo
Hemphill
Iowa Electric Light & Power
Colorado
Central Soya reports weak first quarter earnings
Central Soya estimates a 40 cent per share loss for the first 1977 quarter ended Nov 30, below 80 cents in the prior year. President and CEO Joseph F Jones has been advanced to chairman while poultry margin declines pressured results.
MENTIONED IN THIS ARTICLE
Fort Wayne
Ind
Central Soya
Joseph F. Jones
International Agribusiness and Food Processing Company
Jones
Sensational year for loans at Beneficial Corp in 1976
Beneficial Corp reports a record 100 million after taxes for 1976 driven by its high rate small loan business. With over 1,700 offices under Beneficial Finance, it ranks as the nation’s second largest small loan operation after Household Finance Corp. Receivables surpass 2 billion as the company fuels growth by lending to borrowers who may not qualify for banks. A mailed cash voucher offer highlights the costly nature of the loans, including a 29.9 percent annual rate and security on household items. The dividend per share is set to rise from 40 to 50 cents this year.
MENTIONED IN THIS ARTICLE
Beneficial Corp
Beneficial
Beneficial Finance
Household Finance Corp
HFC
Real estate or stock and bonds debate persists
A reader asks whether real estate or stocks and bonds are safer and tax efficient. The columnist notes stocks and bonds are risky in all months and that real estate carries risk too. Tax shelter exists for some growth stocks and municipal bonds, while tax-exempt bonds with high yields may appeal depending on tax brackets. The column covers bond ratings, back office issues, debt payoff timing, and invites readers to submit questions to Sam Shulsky for column answers.
Also Mentioned on This Page
Tom Korte
John’s Pizza Place
Joanne and
John Zaimes
John‘s Pizzas
E. and St
Muscatine Chamber of Commerce
New Pet Store
Bill
Betty and
Pat Bennett
Mr. Pet
Clyde Hubble
130 FE
2Nd St
Winnebago Sales Up
New York
Milwaukee
Pittsburgh
Cincinnati
Cleveland
Chicago
Denver
Savings and Loan Associations
U.S. League of Savings Associations
C. Peters, Inc
Midland International
Far East
Milton
Moskowitz
Q. I
Q. Tam
Standard & Poor's
Moody's and
Fitch
Q. T
Mr. Shulsky
Sam Shulsky
Muscatine Area
Fourth St