Corporations Show Profit in Early 1959 Quarter
Two of three U.S. corporations increased earnings in the first quarter of 1959 versus 1958, though year over year gains slowed 5.5 percent. Profits lag last year's peak while dividends rose unevenly, with 38 companies lifting payouts in April. Margin pressure and higher costs cited as reasons. Treasury eyes earnings for potential tax receipts.
MENTIONED IN THIS ARTICLE
Sem Davies
AF Business News
NEW York
Department of Commerce
Standard & Poor's Corp
U.S. Treasury
Treasury
Industry trends show mixed gains and losses this year
The report notes declines in oil, rubber, railroads and airlines with airlines posting a loss while steel and remeters improve. It highlights gains in farm equipment textiles machinery tools and communications aided by 1959 weak performance comparisons. Second quarter prospects for steel look dimmer.
PTA Opposes College Conversion in Maryland
Maryland State Teachers Association opposes converting three state colleges into branches of the University of Maryland. They back broadening the curriculum instead and urge careful cost studies. The group, led by president Martha Dinterman, discussed plans for a picnic and family night. Ronnie Smith spoke on national delegation travel for expanded degrees.
MENTIONED IN THIS ARTICLE
Edvan Warfield
Tawes
Warfield
Teachers Association
Warfield Commission
Recconestine Sd
Baltimore
Maryland State Teachers Association
Unityland
MSTA
Martha Dinterman
Ronnie Smith
Washington
Luther League
Walkersville St. Paul
The
Association
Eran Church
Nder
Also Mentioned on This Page
Pat Perkins
Mother’s Day
Jer
Sale! Women’s
Iphiye
PTA
Duster
VM UN iCool
Prefix Dreaming
Petii
Odora Wardrobe
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!