Word: extras
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Dates: during 1960-1960
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INCREASED DIVIDENDS aregoing to shareholders in many companies. Chrysler announced 50? per share extra dividend, Union Pacific 40? per share, Santa Fe 25? per share. American Motors raised its quarterly dividend from 25? to 30? per share; Armour raised its from 30? to 35? per share...
Most of the rise can be attributed to a loosening of purse strings in the federal road-building program. Washington has allowed states to take all the grants in this three-month quarter that they would normally get in six months, pumping an extra $718 million into the economy this year. (The cost is divided 90% federal, 10% state on interstate highways, fifty-fifty on other roads.) Most states have their share of the cash they must put up because the increased number of cars (latest count: 57,100,000) has boosted gasoline tax revenues, e.g., Virginia will raise...
...Christmas Test. One big test for the economy is whether retail stores will be able to top-or at least match-last year's record Christmas sales. Merchants are confident that an extra selling day and the consumer's yuletide spirit, helped by record personal income, will do the trick. So far, the signs are mixed. Department-store sales have been edging up for several weeks, reached a new high last week for the year. But for four straight weeks they have been running slightly below 1959 levels. Merchants blame part of the lag on unseasonably warm weather...
...girls with limited incomes have found it necessary to live in economy doubles, low-priced rooms off-campus, or co-operative houses to keep costs at a minimum. Under the new policy, they will be able to select dormitory singles or larger rooms in off-campus houses without paying extra, Frances R. Brown, Dean of Residence and Student Affairs, pointed out Yesterday...
Fulton Lewis, Jr., a news commentator for the Mutual Broadcasting Company, added his voice Tuesday night to that of the National Broadcasting Company's Roy Henley in protest of the CRIMSON's recent editorial on the movie Operation Abolltion. Henley criticized the same editorial on NBC's "Three Star Extra...