Word: shared
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Dates: during 1920-1929
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Bethlehem Steel directors met last week. President Eugene G. Grace told them that the corporation's income the last six months was $11,213,873 ($7,494,707 in 1925) or $4.36 a share on common ($2.93 in 1925), that orders on hand June 30 were $50,010,117 ($59,390,376 Mar. 31; $50,342,813 June 30, 1925), that production was at 72% of capacity (56% last July). Directors made no move to resume Bethlehem common dividends payments...
...scene was enacted exactly as Mr. Galsworthy planned it. Sir Thomas Lipton was the oaken figure at the foot of the table. The tea business, a shareholder hinted, had far outgrown the ability of its founder. It needed, perhaps, a younger man - Sir John Ferguson, director of finance. Another share holder pointed out that the company's overdraft at the bank was ?10,000 in March. He would like to know what it was today...
...fortnight ago the common stock of the Curtis Publishing Co. (Cyrus Hermann Kotzschmar Curtis, Saturday Evening Post, Ladies Home Journal, Country Gentleman) "led the market." It sold above $200 a share. This was the first time that a publisher's stock has ever done so. It was deemed remarkable until one realized that the market over which Curtis Publishing gained its leadership, in which it was the highest priced for a day, was that of unlisted securities traded over brokers' counters. These are the precious shares whose owners esteem them too valuable for the dickerings of the stock...
Stock Sales. During the first half year of 1926 Manhattan Stock Exchange men traded 224,928,600 shares, a daily average of 1,509,587. This is a record. Maddening Steel. Speculators are puzzled in their attitudes toward the common stock of U. S. Steel. Many are certain that Judge Gary will resign and permit a stock dividend (TIME, July 5). Many think a 40% stock dividend will be declared. Others premise that the $100 par common stock will be doubled and put on a 4% or 5% dividend basis (the present rate is 7%). Still others suppose that...
...McCormick family of Chicago has easily furnished its fellow countrymen with its fair share of daily news. In fact the public is inclined to let the McCormicks off now, let them out of the headlines summa cum laude. The McCormicks are wealthy, accomplished, beneficent, but their special talents and proclivities are by now all cataloged. There is not much news left in them. Yet last week newsgatherers found it necessary to invade the McCormick privacy just once more. Mrs. Cyrus Jr. had done a thing that is almost never done. She had sent her dapper secretary into the Manhattan terminal...