G M Dividend Near Record of 1949
General Motors voted to pay stockholders a special dividend of 2.50 per share totaling 110.26 million dollars. The move follows a first-half 1950 earnings total of 485.28 million, a new record, with 44.104 million common shares outstanding including 10 million owned by DuPont interests. The special dividend will accompany the regular third quarter dividend of 1.50, payable Sept. 9 to holders of record Aug. 14.
MENTIONED IN THIS ARTICLE
New York
General Motors Corp
duPont
Lifeguards Return With Raise Pledge in Wildwood
Wildwood lifeguards return to beaches after a private citizen pledged to fund a raise if demands are met by Wednesday. The city commission denied any plans for a pay increase. Former State Senator William C. Hunt posted 1500 dollars to support the lifeguards if their wage demands, from 150 to 175 a month for third year men, are met. About 200000 bathers were on the beach as improvised guards covered the stretch until regular staff returned.
MENTIONED IN THIS ARTICLE
Wildwood
N. J
William C. Hunt
Maryland U Prohibits Debate on Communism
Governor Lane ordered the University of Maryland to ban a scheduled debate on communism after learning Philip Frankfeld of the Communist Party would participate alongside Australian anti Communist lecturer S C Schwartz. The event titled Is communism a friend of America was to be held in a College Park hall tonight.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
State University
Lane
College Park
Philip Frankfeld
Maryland District of Columbia Communist Party
S. C. Schwartz
Arabs Claim British Planes Killed Tribesmen
Arab league informant says British war planes killed Yemeni tribesmen last week near the Yemen Aden border. Aly Al Moayyed, Yemeni delegate, says R A F bombers attacked encamped tribesmen. No British comment. Talks between British and Yemeni reps scheduled August 28 in London.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Arab League
Yemen
Britain
Aden Protectorate
Aly al Moayyed
League
Aden
R.A.F
London
Colombia's New Leader Praises Action in Korea
In his inaugural address Colombia's incoming president Laureano Gomez Castro urges an end to domestic strife to unite behind the global fight against Communism. He hails the U S in Korea and names a cabinet of Conservatives as his first act.
MENTIONED IN THIS ARTICLE
Colombia
Korea
Bogota
Laureano Gomez Castro
Four Leading U.S. Copper Mines Produce Huge Output
The four top copper mines in the United States each yield 80 million pounds annually and together account for half of the nation's annual copper production.
MENTIONED IN THIS ARTICLE
United States
Also Mentioned on This Page
G. M
Kresge Arcade
Freco Chemical CO
Cadillac
Cleveland Ave
Taeaeae
Beng
Elgin
Hamilton
Waltham
Bulova
Gruen
Winton
Main Springs
Market ST
Canton
Ohio
Gaymede
Rayon
S-M-L
S-M
Polo
Belle Isle
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