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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 24, 1973
Page
9
Over the counter figures show total net income of 92.5 million and a 186.07 million year ago deficit. The company voted to skip a dividend on common stock for several quarters while continuing to pay dividends on preferred stock.
New York stocks finish higher for the seventh straight session as analysts note improved investor psychology despite ongoing rate fears. Dow Jones 30 Industrials rises 5.67 to 918.72, with buying returning after a morning dip and signals that Phase 4 controls may ease in the future.
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