Time Clock, Apr. 28, 1958

CASH DIVIDENDS rose to $2.822 billion in first quarter from $2.808 billion a year ago, but this was slowest gain since World War II.

WALTER REUTHER'S POWER as undisputed labor chief of auto industry may be challenged by skilled members of his United Auto Workers who have formed two splinter craft unions, aim to file in 200 plants to win bargaining rights and fatter raises and benefits than unskilled U.A.W. men. Automakers will side with Reuther to battle splinter groups, fear that small number of separately organized skilled workers could paralyze industry if they...

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