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Year ago last week the prudent directors of U. S. Steel Corp. pared their preferred dividend from $7 to $2 a share. Big Steel had just piled up a staggering deficit of $91,891,867.85. Last week when the directors of the biggest U. S. industrial corporation met to ponder dividends at No. 71 Broadway, Manhattan, they had before them the annual report for 1933. Against an operating loss of $12,729,000 in 1932 was an operating profit of $18,439,000. To this was added special income of $1,335,000. But from that total was deducted...

Author: /time Magazine | Title: Business & Finance: Steel & Earnings | 2/12/1934 | See Source »

...Elected a director of the Metropolitan Opera Company. Chairman Paul D. Cravath promptly put Director Sarnoff on the executive committee to ponder the Met's problems along with Otto Kahn, Myron Charles Taylor and Mrs. August Belmont...

Author: /time Magazine | Title: Business & Finance: Opera and Opus | 1/29/1934 | See Source »

...Only "ballot box'' they provided was a garbage can on Hammond's main street, labeled "Vote here if you want to." On a gallows in the Hammond town square they hanged a two-faced effigy. One face was that of the local Longster, Judge Amos Lee Ponder Jr. The other had a black eye and was labeled: LONG ISLAND HUEY LONG, Every Dog Has His Day. When the sun set on the revolting parishes, Mrs. Kemp had received 5,000 votes. Normal vote...

Author: /time Magazine | Title: POLITICAL NOTES: Revolting Parishes | 12/18/1933 | See Source »

...varying factor, has been one of the chief obstacles of a rubber-tight agreement. But the times are in joint: it is estimated rubber consumption in 1933 will exceed production for the first time in five years. This week all good Dutch planters will emerge from the jungle to ponder their delegates' schemes in Batavia...

Author: /time Magazine | Title: Business & Finance: Curtailed Rubber? | 11/27/1933 | See Source »

...passenger traffic is vastly more important than it is to the Western roads. Pennsylvania. New York Central and New York, New Haven & Hartford alone carry 70% of all U. S. railroad passengers. A committee of Eastern rail officials, headed by Central's Frederick Ely Williamson, was formed to ponder fare-cutting, and Mr. Cole's Southeastern roads agreed to await a decision from Mr. Williamson before deciding what they as a group would do. Mr. William son's committee has been meeting in Manhattan off & on for the past month, has adjourned each time without announce ment...

Author: /time Magazine | Title: Business & Finance: Lower Fares | 10/23/1933 | See Source »

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