Time Clock, Dec. 9, 1957

DIVIDEND PAYMENTS are rising in spite of worry over possible profits squeeze. In first nine months of 1957, cash dividends on New York Stock Exchange stocks hit record $6.4 billion v. $6 billion in same 1956 period. In all, 439 big-board stocks paid higher dividends than before, 430 paid as much, only 103 paid less.

WESTINGHOUSE COMEBACK is pushing 1957 sales near $2 billion (previous record: $1.6 billion in 1954). Net per common share will hit nearly $4 v. 10¢ in strike-troubled 1956. Consumer products sales are up, and defense contracts (Bomarc missile guidance...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!