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. 10ยข in strike-troubled 1956. Consumer products sales are up, and defense contracts (Bomarc missile guidance...
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