United States Steel dividend outlook and 1916 earnings analysis
The editorial analyzes likely 1917 dividend changes for United States Steel common stock. It notes expected regular dividend rise to about $7 annually with extra earnings, cites 1916 earnings around $45 per share and total declarations, and discusses cash reserves of about $94 million at year end and 11 million tons of unfilled contracts. It warns about volatility from peace prospects and past swings in stock price.
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Tremont Trust Promises Higher Interest for Depositors
The Tremont Trust Company says its savings department paid depositors more than 4 percent interest over the past year through monthly compounding. Vice-President Swig claims the bank offers withdrawals without loss of interest, unlike typical six month terms.
MENTIONED IN THIS ARTICLE
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The
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