Word: bethlehem
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Dates: during 1930-1939
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Amid the silence of the solemn night Sound the glad summons, Lo, the King of Light, Rouse, O Shepherds, haste with singing, Christ has come, salvation bringing, Born at Bethlehem...
...When Bethlehem Steel, No. 1 U. S. war baby, reported nine-months earnings of $1.89 a share, as against a $1.26 deficit last year, its stock fell two points. Last week it sold at 85, down 15 points from its war-boom high...
...growing West Coast's growing steel demands far exceed the limited capacity of the small West Coast steel plants. (U. S. Steel Corp. has three small plants in California with combined capacities of 441,500 tons, Bethlehem has three on the Coast, with a total capacity of 380,000 tons...
...Chilean ore-at Sparrows Point, Md. Bethlehem Steel takes ores in from Cruz Grande, Chile (4,265 miles away) at a freight cost of $2.50 to $3.00 per ton, plus Panama Canal tolls of $7.20; since no toll need be paid on Chilean ore laid down in Portland (5,739 miles from Cruz Grande), it should be cheaper there...
...third quarter report last week showed its Cinderella common stock back in the black to the tune of $10,420,445-47? a common share, and showed $5.16 operating profit per ton shipped; it is operating at close to 90%. Even more spectacular was the record of Bethlehem Steel, which makes money at a lower rate of operations than its big brother, which is now operating at full capacity, whose common earnings shot up from nothing in the 1938 quarter to $1.10 in the 1939 period, 132% better per share than Big Steel. Bethlehem's nine month earnings...