Stock splits do not increase stockholder value
The expert explains that a two for one stock split doubles the number of shares but leaves the total value and each holder’s ownership percentage unchanged unless dividends rise. A rise in price may occur temporarily due to market attention, but real value depends on future earnings and dividend growth.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
American Stock Exchange
New York World- Telegram & Sun
New York World Telegram & Sun
Barclay Street
New York 15
N.Y
Lighter Side Flashlight Points to Lit Reality
Washington columnist Dick West reports on Arnold Gingrich Esquire editor speech arguing censorship shifts provoke a Puritan literary revolution. He predicts writers shed graphic dirt for subtle stage setting as shock value declines and demureness becomes daring in modern fiction.
MENTIONED IN THIS ARTICLE
Paris
Gingrich
Demurness
Art Instruction Offered At Ranch Near Dobbins Road
The Charlotte Hackin School of Art operates at a ranch one-half mile south of Dobbins Road on 59th Ave offering classes. Mrs. Hackin, trained at the Art Institute of Chicago, studied under Paul Coze and formerly taught at the Rivet Nursing Home.
MENTIONED IN THIS ARTICLE
Charlotte Hackin
Dobbins Rd
59Th Ave
Girl's New Trial Set For June 10
Ophelia Mason an 18 year old unwed mother faces trial again on a charge she enslaved her newborn baby born Aug 28. A jury failed to reach a verdict last week and the defense argued insanity. The new trial date was set Monday in Phoenix.
MENTIONED IN THIS ARTICLE
Phoenix
UPS
Ophelia Mason
Party For Navajo Graduates Tonight
Graduates from Navajo elementary school will be feted at a party tonight at 9 p.m. at the home of Mr. and Mrs. L. M. Davidson. Peggy Davidson, a graduate, is hostess. The Navajo commencement exercises will be at 8 p.m. in Scottsdale High School.
MENTIONED IN THIS ARTICLE
L. M. Davidson
E. Meadowbrook
Peggy Davidson
Scottsdale High School
Scottsdale Veteran Named VFW National Aide
Byron B. Gentry, commander-in-chief of the Veterans of Foreign Wars of the United States, announces Orville L. Priest of Scottsdale as national aide-de-camp to the commander-in-chief. Priest resides at 145 West Citrus.
MENTIONED IN THIS ARTICLE
Byron B. Gentry
Pasadena
Calif
Veterans of Foreign Wars of the
United States
Orville L. Priest
W. Citrus
Scottsdale
High Russian trade official ousted in sex-bribe scandal
Moscow reports the dismissal of Dmitry D. Korolyev from the Russian Republic Ministry of Trade on corruption and participation in sex parties. Isai Flicent and Konstantin Kozlovsky were also dismissed, with Korolyev accused of aiding Klempert and attending orgies at his Moscow mansion.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Dmitry D. Korolyev
Ministry of Trade
Isai Flicent
Konstantin Kozlovsky
K.T. Degtyarev
Korolyev
Joseph Klempert
Klempert
Trad
Arbat
Fliorent
Kozlovsky
Cost Of Living Holds Record High In April
The Labor Department reports the cost of living at 106.2 in April with food prices down 0.3 percent offset by higher housing used cars newspapers and clothing costs. Meat prices dropped while fruits and vegetables rose due to frost damage last winter.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Ewang Clague
Bureau of Labor Statistics
Clague
Wallace defies federal hearing over University of Alabama case
Governor George Wallace plans to boycott a federal hearing on his alleged interference with University of Alabama racial integration. U S marshals served papers on a Black maid at the executive mansion to secure his appearance, which Wallace calls improper and racist. A Justice Department suit seeks to bar him from blocking black students Vivian Malone and David McGlathery from enrolling next month.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
UPI
George Wallace
Wallace
Decatur
U.S. Justice Department
Vivian Malone
David McGlathery
University of Alabama
Supreme Court Rules for Here and Now Civil Rights
The Supreme Court, in a unanimous ruling led by Justice Goldberg, voided delays in desegregation of Memphis parks and playgrounds. It affirmed immediate constitutional rights for Black Americans against local resistance and rejected using gradualism to justify discrimination.
MENTIONED IN THIS ARTICLE
Memphis
High Court
Goldberg
Kennedy to celebrate 46th birthday at White House dinner
President Kennedy plans a quiet birthday dinner at the White House with the Kennedy family. A family tradition kept details private and no news conference is planned this week. He will likely spend Memorial Day at Camp David before returning to Washington.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
White House
Camp David
Crossword puzzle across and down clues list
Crossword puzzle with across and down clues including protective ditch preposition wager girl s name silkworm period of time hay spreader Chinese mile pose for portrait British baby carriage partners trained exist handle pair man s nickname near weirdest negative fondle ocean coins three toed sloth flight of steps savage slave parcel of land baseball position surrounded south western Indian European capital bacteriologist s wire without end preposition places down small rug number conjunction baby frog wild railroad lubricate crinkle defeated great lake makes lace years away interpose Hebrew month trade quote pronoun owing relating to the singing birds pilaster inquisitive things in low shipworms more tense compass point pronoun occupied by clues and word lengths.
MENTIONED IN THIS ARTICLE
Great Lake
Puzzle Answering Clue List From United Feature Syndicate
Yesterday's puzzle solution hints reference MS a47 Grayv color repetition unreadable. It mentions a state abbreviation for horse and a superlative ending. Distributed by United Feature Syndicate Inc.
MENTIONED IN THIS ARTICLE
Dude
United Feature Syndicate, Inc
British Columbia Sugar Refining Co Cuts Sugar Price
The British Columbia Sugar Refining Co. in Vancouver announced a 25 cent cut in wholesale sugar prices. Last week sugar bags hit a high of 17.50 dollars for 100 pounds as prices rose before the cut.
MENTIONED IN THIS ARTICLE
Vancouver, B.C
UPI
British Columbia Sugar Refining Co
Supreme Court splits on wire recorder evidence in Lopez bribery case
The ruling affirms German S. Lopez’s conviction for bribery of an internal revenue agent despite the agent using a mini recorder later played in court. Justice Harlan says the device was lawful and not a Fourth Amendment invasion, while Brennan Douglas and Goldberg urge updating 1928 wiretapping precedent to match modern surveillance.
MENTIONED IN THIS ARTICLE
Washington
UPS
Massachusetts
Supreme Court
German S. Lopez
North Falmouth
Internal Revenue
John M. Harlan
Internal Revenue Service
Lopez
Harlan
William J. Brennan Jr
Brennan
High Court
William O. Douglas
Arthur J. Goldberg
Jewish Memorial Service Tomorrow at Temple Emanu-El
Temple Emanu-El on E 63rd Pt and Indian School Rd hosts a Yiskor memorial service tomorrow from 11 a.m. to noon in observance of the Shuvous holiday. All members of the Jewish faith are invited to participate.
MENTIONED IN THIS ARTICLE
Emanu-El
E. 63Rd Pt
Indian School Rd
Shuvous
Notice of Bulk Sale for Powder Horn Liquors
Elaine Contreras also known as Elaine West will sell all stock in trade of Powder Horn Liquors at 126 West Indian School Road Scottsdale Arizona on June 10 1963. Creditors must present claims to John son and Shelley Mesa. Buyer takes possession May 24 1963 and obligations after that date fall to purchaser. May 23 1963 notary public J La Mar Shelley. Publish May 27 to June 1 1963.
MENTIONED IN THIS ARTICLE
Elaine Contreras
Elaine West
West Indian School Road
Scottsdale
Arizona
Johnson & Shelley
North
Macdonald Street
Mesa
State OF
Maricopa
J. la Mar Shelley
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William A. Doyle
Doyle
Scottsdale Daily Progress
BY Dick West
Abraham Lincoln
Lincoln
Esquire
Cerebrum
Arnold Gingrich
Madison Avenue
the Supreme Court
Ginrich
VFW
Communist Party
Tass
Karnaukov
Kudryatsev
Birmingham
U.S. Marshals
Justice Department
Sotm Lhhnfarn
Urhich
Inteoratinon
Tenn
Scottsdale Road
Scottsdale — Whitney
Trader Vic's
Bigi
FORD
Bank of Scottsdale
Federal Housing Administration
Jack Hill
N. Scottsdale Roa
Federal Deposit Insurance Cor