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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 31, 1950
Page
6
Leslie Gould argues AT and T may follow U S Steel by splitting stock. AT and T trades around 143 dollars with a 9 dollar dividend kept since 1922. A 3 for 1 split would yield 3.00 a share dividend, 4 for 1 would be 2.25. The aim is broadening ownership to lower income investors.
A King Features Syndicate column argues that a stock split at AT and T could democratize ownership, with about 765000 stockholders today and 700851 listed at AT and T’s bottom. It notes 200000 employees also buying shares, potential doubling of owners, and counters socialistic pressures by expanding private enterprise.
Delos Orr, 44, was struck in the right cheek by a stray bullet while driving along a suburban avenue. Police say the bullet likely would have killed him if it had hit the temple. An onlooker, an 18 year old local resident, reported sighting the rifle in use.
Police dispute a claim about a gun being loaded while a subject's job turnover is noted. The text references Doctors Hospital and high annual turnover but contains many garbled terms and undefined entities, preventing a clear, coherent incident summary.
New York prepares an elaborate harbor reception for the French Gratitude Train arriving aboard the SS Magellan on Wednesday. The event includes harbor craft, air force and navy flyovers, a water salute from fire boats, a parade from Weekhawken to City Hall, and a schoolchildren’s participation with radio greetings from Paris. Mayor O'Dwyer's committee hosts a luncheon at the Waldorf for French Ambassador Henri Bonnet and officials.
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