Explaining Price Earnings Ratio and Du Pont Tax Issue
In plain terms the price earnings ratio links market price to earnings per share. A stock at 35 times earnings reflects expected growth and past gains, while five times suggests weaker growth prospects. The discussion also notes that du Pont holders receiving GM shares face tax treatment as a return of capital, with capital gains taxes on the excess over tax cost basis, a complex outcome tied to the anti trust case.
MENTIONED IN THIS ARTICLE
XYZ Corp
XYZ
E.I. du Pont de Nemours & Company
General Motors Corp
du Pont
Goldwater seeks congressional probe of missile reliability
Senator Barry Goldwater urged a Senate preparedness subcommittee to investigate the reliability of the Intercontinental Ballistic Missile force. Defense Secretary McNamara called the charge misleading and dangerous to national security while Goldwater framed the probe as a factual inquiry, not a political gambit.
MENTIONED IN THIS ARTICLE
Washington
UPS
Barry Goldwater
Congressional
U.S
Goldwater
Senate Preparedness Subcommittee
Arizonan
Defense
Robert S. McNamara
Youngster Proves Smart On World Bridge Team
In New York next May the American team will include Robert Hamman and Donald Krauss both 26 from Los Angeles. A six day trial produced Hamman noted for a bold diamond lead and a risky line against a finessing opponent as he helped set the tone for the youth on the world stage.
MENTIONED IN THIS ARTICLE
New York
Robert Hamman
Donald Krauss
Los Angeles
Fifteen Sign For Trip To National Jamboree
Nearly 150 Scouts and Explorers from Theodore Roosevelt Council will attend the sixth National Jamboree at Valley Forge Pennsylvania in July. Twelve veteran leaders will head four Jamboree troops as the contingent fills. Applications remain open with age and rank requirements for Phoenix youths planning the trip.
MENTIONED IN THIS ARTICLE
Theodore Roosevelt Council
Valley Forge
Scottsdale
Robert Dyess
E. Calle Camelia
Edward P. Katarski
N. 41St St
Tom and
Jim Shearer
Richard Shearer
N. 81St St
Phoenix
Washington, D.C
Capital
America
Philadelphia
Roosevelt Council
New York City
Agents Hunt For Broker In $40 Million Empire Collapse
Federal authorities search for Paul Amos Sandblom, a noted investment broker linked to a possible $40 million collapse. Bankruptcy petitions were filed, assets placed in receivership, and federal charges allege unregistered securities sales via the mails amid 147 creditors and disputed totals.
MENTIONED IN THIS ARTICLE
Corpus Christi, Tex
UPI
Paul Amos Sandblom
Oscar Spitz
Sandblom
U. S
Securities and Exchange Commission
Hospital Change Sought at Arizona State Hospital
A House Appropriations subcommittee recommends sweeping admin reforms at the Arizona State Hospital. Proposals include appointing a single top administrator, restructuring the board, cutting fringe benefits, raising some salaries, expanding separate security quarters for dangerous patients, and requiring attorney general review for large construction projects.
MENTIONED IN THIS ARTICLE
Phoenix
UPS
Arizona State Hospital
House Appropriations Committee
T.C. Rhodes
D-Maricopa
Samuel Wick
Women Plan Cactus Wren Chapter Meeting
The American Business Women's Association Cactus Wren chapter will meet Monday at 6 30 p m at the Safari Hotel. Attorney C J Carlson will discuss wills.
MENTIONED IN THIS ARTICLE
Cactus Wren
American Business Women's Assn
Safari Hotel
Atty, C. J. Carlson
Knights Offer Free Citizenship Classes for Aliens
Free citizenship lessons start Monday at 7 30 p m in the Knights of Columbus Hall at First Street and Brown Avenue. The eight week program is led by Fer rando Vega of Tempe with instruction in U S History and the U S Constitution under the U S Naturalization Service as part of a statewide Knights of Columbus project. To register call Mike Cordova at 946 5565.
MENTIONED IN THIS ARTICLE
Knights of Columbus
First Street
Brown Avenue
Father
K of C
Mike Cordova
Desert Song opens at Arcadia Auditorium Jan 30
Nearly 50 Valley performers rehearse for Desert Song the Sigmund Romberg operetta at the Phoenix Musical Theatre. Cast includes Linn Ledford Don Bolles and Carol Williams with William R Baer as producer director and Robert Lindgren as choreographer. The show runs four nights with 8 30 p.m. shows Thursday through Saturday and 6 p.m. Sunday.
MENTIONED IN THIS ARTICLE
Valley
Phoenix Musical Theatre
Arcadia Auditorium
Linn Ledford
N. 44Th St
Don Bolles
N. 45Th
Carol Williams
E. Earll
William R. Baer
Robert Lindgren
Also Mentioned on This Page
Prom
William A. Doyle
Alfred Sheinwold
West
Dummy
Declarer
Hamman
East
South
Sheinwold
George Adams
Scottsdale Area
Arizona
Trip
Valley Forge State Park
John C. Kitchel
George F. Miller
Scout Office
Eugene Conley
University of Arizona Opera Theatre
Mozart
Scottsdale High School
Musical Comedy Theatre
Darrell Hester
Harlingen, Tex
Hester
Appropriations
G.O. Biles
D-Greenlee
Paul Fannin
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