The Dallas Craftsman (Dallas, Tex.), Vol. 51, No. 3, Ed. 1 Friday, June 12, 1964 Page: 2 of 4
This newspaper is part of the collection entitled: The Dallas Craftsman and was provided to The Portal to Texas History by the UNT Libraries.
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I mdeemmna .. -
1
June 12. 1964
T H E PALLAS CtAFTSHAN
Paqe Two
fine.
weeks.
in Florida for a few more
I
By Mrs. Buster Henderson I
Cash dividend
Washington
4
3
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2282
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Pi
FuisTAE
Quahay Bu
oauda
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607 NO. OAKLAND
6
DALLAS. TEXAS
1
from your Food Freezer!
kum
DALLAS POWER A UOHT COMPANY
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el
Reilly Printing Co., 1710 South
Harwood St., HA 8-8385, can sup-
ply you with union made paper.
Wheel Balancing
Phone TA 4-0373
Carpenters' Ladies
Auxiliary No. 3
People have faith in
Reader's Digest
Used Tires
3613 Live Oak
Distributor
TIRE SALE ON
1
Corporate Dividends Profits
Soar Above the 1963 Level
4
j
S. B. Lynch & Company
Wholesalers
5 •
Better Buy Now - Better Values - Better Service - Better Terms
JACK WERTHEIMER
U.S. ROYAL TIRES AND BATTERIES
1
Z3 41
Mie Better Bundnena Bureau
ReIL PuhizhgHRahCoMPANY
1710 South Harwood Street.xe..
Mall Address, Poet Office Box 15860
Telephones: HA 8-8385-6
maltorial Office: Labor Tempie
1727 Young Street—HA 8-8385-6
FALSTAFF DISTRIBUTORS, INC OF DALIAS
3000 Junius Street
TA 6-6051
REDDY TIPS
OH FREEZING CORN
SelacSom Owom onty tend*. trqahty-picked, yellow or uhm
wme com o unitorm aatarifr miy homele
Mopamadone Huak, ramovoskcarafultywihbeush.Timtpsana
uor to sta Blanch 6 4 querts Mm water.
Md 6-10 mdnutea Then chi ke water 1220 minutee.
ComnanCot Prepare as atom. Drain cooled eans thorughe.
Pechg and treea
whola Kamna Cane Prepan as abova Drain. CM mm of cob,
being ante na to get cob fitegi and freecs
Grm seyta Cane Propare m abova Cut com aif
cob at center of kemneL. Scrapecut Mm and heart at
kamnel whbeck of knifa Pachag and fteeza
\
is that the Budget Bureau has been
compelled to revise upward its
estimates of government revenues
as a result of the zoom in profits
and revise downward its estimates
of the prospective federal budget
deficit.
The annual survey of executive
salaries by the authoritative mag-
azine Business Week reported that
"robust profits” had “added more
zip to the' upswing in executive
compensation that has marked the
I960.”
Basic salaries were boosted by
"almost 60 per cent of the com-
panies" covered in Business Week’s
survey—"at an average rate of
about 15 per cent.”
In addition, the magazine re-
ported. “hefty bonuses pushed to-
tals still higher.” Compensation
to executives was slashed by few-
HAVE FRESH CORN NEXT WINTER
He and his family will stay
IRON WORKERS'
HAPPENINGS
LOCAL NO. 481
By MARVIN ALLEN
4
memeee=e2E --M- "
mhe Dallas Craftaman represente
the true trade union movement, voic-
ing the aspirations and achievements
of the American Federation of Labor-
Congress of Industrial orgeniztions.
It does not represent the Bolahevik,
L W. w., Anarehista, Radical, or any
other movement fhjurtous to the peace
and stability of American ipetntutions.
It is for America, first and last. end
for the honest, moral, upright,, coar-
ageous and true unions all the time.
At our Monday meeting the
auxiliary elected the following of-
ficers for the forthcoming year:
Virginia Gibson, president; Helen
Karsteter, vice president; Annie
Lee Henderson, recording secre-
tary; Darlene Collins, financial
secretary; Dorothy Fielder, con-
51 billion, the Commerce Depart-
ment reported.
The tax liability of corpora-
tions dropped by $900 million from
the fourth quarter of 1963. The
actual extent of the tax-cut bene-
fits to business were revealed in
a comparison of the 1964 first
quarter and 1963 first quarter fig-
ures. The tax obligations of cor-
porations rose by $2 billion, but
after-tax profits jumped a spec-
tacular $5.7 billion.
TERMS OF ADVERTISING
AND SUBSCRIPTION RATES
One Tear......................$2.00
Adv. Rates Furnished on Application
Entered at the Post Office. Dallas,
zstscezkebasatfonsset.Mntter
What's so delicious as a golden ear of com,
drenched in butter and popping fresh with flavor!
But why limit this treat to the short, "fresh corn
season" when it’s so easy to keep it garden-fresh
al winter long in your electric home freezer?
Now's the "freezin’ season" for fresh corn. .It’s
plentiful and low-cost.. so stock up and savel
iw—M *mw eon mi dru uR z4on m senta
Dipartment.Aak lor your te owef "FOOD FREER FT-
Faye Spence were elected as al-
ternate delegates.
Buster and Daphne Henderson
are having the auxiliary and hus-
bands to a backyard dinner and
forty-two party 7:30 p.m., Friday,
June 26. Be sure and try to make
the June 22 meeting, if possible, as
a number of social events are being
planned by your auxiliary. Hope
to see you then!
ductress; Romia Overall, Warden;
Lee Hendersor, first year trustee;
Leta Adams, second year trustee;
Ollie Christian, third year trustee;
Daphne Henderson, reporter.
Virginia Gibson, our capable
president and Darlene Collins
were elected as delegates to the
Texas State Carpenters’ conven-j
tion to be held in Temple July
15 through 17. Leta Adams and
payments for the first four months
of 1964 have risen almost 10%
above the levels of 1963, the Com-
merce Department has reported,
and both corporation profits and
management executive salaries are
booming.
The increase in cash dividends
for the first four months of 1964
runs clear across the board, the
Commerce Department said, with
manufacturing and non-manufac-
tirg sectors of the economy con-
tribating equally to the rise.
Total cash dividends paid by cor-
porations issuing public reports
rose to nearly $5.3 billion in the
January-April 1964 period as
1 against slightly more, than $4.8
billion in the corresponding period
last year. • ' >
The Department of Commerce
also announced that corporation
profits hit an all-time record high
for the first quarter of this year
both before and after taxes. The
corporation profit figure is so im-
pressive that earlier Budget Bu-
rea estimates for the full year
were described by the department
as. having “erred strongly on the
low side.”
The net profit first-quarter fig-
ure after taxes ran at a season-
ally adjusted rate of $31.1 billion,
a whopping 22 per cent higher
than profits in the corresponding
period in 1963. The indication
Reader's Digest salutes
THE UNION THAT
AUTOMATION BUILT
Meet a new kind of union—
the CWA. Two-thirds of its
members are white-collar
workers — “pillars of the
community.”
Read how Joe Beirne, its
“gentle boss,” has fought
off Communism . . . eased
the way of automation . . •
and how he just may be-
come the new head of the
AFL-CIO! In June Reader’s
Digest—now on sale.
But Authenticated Lebor.Psb-
M Are Permitted This TLPA
er than 8 per cent of the cor)
panies filing information with the
Securities & Exchange Commis-
sion.
Companies turning in “healthy”
1963 profits "rewarded top man-
agement with fat salary increases
and fatter bonuses," the magazine
said. Among these, some auto-
mobile company executives “paced
the field,” but even in the iron
and steel industry, “which had
spotty profits,” some companies
raised executives pay.
The “top auto brass took home
more pay than any other group,”
Business Week reported, for the
fifth year in a row. General Mo-
tors Chairman Frederic G. Donner
“added $11,000 to last year's pretax
salary and bonus of $543,975," and
he has contingent credits payable
if stock options are not exercised
lifting him to-a potential $800,000-
plus figure as . “the highest paid
executive” among the companies
surveyed.
The sensational rise in corpora-
tion profits for the first quarter
of the year—a gain of $2.5 billion
from the fourth quarter of 1963—
was ir contrast to a third-qurter
to fourth-quarter 1963 rise of-only
Our heartfelt condolences to the
family and many friends of Bro.
Jim Upton, who passed from this
life Thursday, June 4.
Bro. Jim Upton was truly a
credit to Local No. 481. He work-
ed well with his fellow workers
and he was well liked by all who
knew him. He worked in our ap-
prentice school and certainly he
will be missed there.
We received a card from Bro.
Reginald Hayden, who has had
surgery, while visiting in Florida.
He is out of the hospital and doing
Book to be eligible to vote. So
if your Book is out of order get it
in order before June 20.
Our next regular meeting will
be June 22.
Work is still holding up well
and it will continue to be good for
some time to come.
We had our nominations on June
1, and there were more than fifty
candidates nominated for office
or convention, so I will not even
try to list them all.
Lest you forget, Saturday, June
20, will be the day to vote. You
must have a May stamp in your
<1 T—
( I
real gusto
, h a gres light beerg
I - ; dm
i ■
ad
THE DALLAS CRAFTSMAN
Iasuea Every Friday
Funded 1912 by Wm. M. Reilly
WALLACE C. REILLY. ... • ■ Editor
SHELBY T. WHITE Ady. MET.
F B. SMITH............ Advertising
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Reilly, Wallace. The Dallas Craftsman (Dallas, Tex.), Vol. 51, No. 3, Ed. 1 Friday, June 12, 1964, newspaper, June 12, 1964; Dallas, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1552088/m1/2/?q=%22%22~1: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .