Dividend questions on United Shoe and related stocks
The answer explains United Shoe Machinery stock yields about 4 percent from regular dividends at current market prices, with a history of large extra payouts. It notes the stock’s New England base in Boston, and that extra dividends have caused price swings. It also covers U S Smelting prospects and Bethlehem Steel preferred, advising patience and holding for potential future gains.
MENTIONED IN THIS ARTICLE
United Shoe Machinery Common
T. R. G. Richmond
Dends
New England
Boston
T. G. Plant Company
U. S
H. EB
Eastport
Bethlehem Steel Co
L. E. B. Brookline
Middle States Oil Corporation
Comany
New York
Italy
Azores
Canopic
Governor Cobb
Eastern Steamship Lines
Yarmouth
Governor Dingley
St. John
N. B
San Francisco Bonds Offered At About 4.80 Percent
The National City Company Harris Forbes Co E H Rollins Sons and Redmond Company offer for sale today 5 570 000 City and County of San Francisco gold 412 per cent water bonds due serially 1924 to 1951 at prices yielding about 4 80 per cent. Bonds are a legal investment for savings banks and trustees in several states and are exempt from federal income taxes and tax exempt in California.
MENTIONED IN THIS ARTICLE
National City Company
Harris Forbes& Co
E. H. Rollins & Sons
Redmond Company
San Francisco
Cal
New York
Massachusetts
Connecticut
California
Market Review and Outlook Faces Stagnation Risks
The market last week showed strength at the open but soon weakened as public stock appetite faded. Dow industrials fell about two points, rails one, and copper 11-2. investors priced in weak foreign exchange, falling commodity prices, profiteering probes, and labor unrest. Experts urge government action to stabilize exchange rates and bolster foreign credits to sustain trade and plant capacity. Bulls cling to railroad legislation as potential market spark, while bears warn of credit limits, inflation after four years, and broader political risk. The outlook points to a dull, possibly lower, market until policy and economic tensions clarify.
MENTIONED IN THIS ARTICLE
Wall Street
Europe
House
Senate
Stocck
Yukon
Union Pacific
General Motors
Seven Metals
Amalgamated
Butte
Boston
Stock Exchange
Costa Rica's Tinoco blames Nicaragua for assassination
General Tinoco, president of Costa Rica, told a correspondent in Kingston that he believes the killer of his brother Joaquin Tinoco was a paid bandit from Nicaragua. He said the murder was planned in Nicaragua and Washington, and cited U S opposition to his government as a cause of disappointment. He plans to leave for Europe for an extended stay.
MENTIONED IN THIS ARTICLE
Kingston
Jam
Associated Press
Federico Tinsco
Costa Rica
Jose Joaquin Tinoco
Nicaragua
Washington
Tinoco
Chamorro
Joaquin
Europe
United States
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