Prospects for Steel Dividend Resumption
A financial analysis notes United States Steel’s volatile earnings history from 1904 to 1918 and examines the 6 month post January dividend, price fluctuations, and rising unfilled orders. The piece argues potential dividend resumption by year end, supported by improved capacity usage, higher steel prices, and growing demand reflected in June’s unfilled orders reaching new highs. It highlights how stock price moves have mirrored earnings and orders, with near-term momentum needed to sustain gains.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Steel Corporation
Lusitania
Industrial Average Crosses Rails in Record High
The Industrial Average rose above the average of 20 railroad issues for the first time on record. War stocks remain a market feature while American coal products show weakness and American zinc stands out in Boston market reporting.
MENTIONED IN THIS ARTICLE
Boston
Market activity sums for New York and Boston days
Yesterday s market totals show New York with 613000 shares traded and Boston with 54028 shares Most active issues were United States Steel in New York and American Zinc in Boston NY total since Jan 1 1915 stands at 65670800 shares while Boston totals reach 6682215 Comparative figures show last year s period at 40415100 for New York and 2992024 for Boston Willys Overland led NY gains while Am Coal Products fell Calumet and Hecla led Boston gains and Boston Providence slumped
MENTIONED IN THIS ARTICLE
New York
Boston
United States Steel
American Zinc
Willys-Overland
Calumet & Hecla
Providence
War shares lead New York market gains and steel gains
Trading centered on war shares and allied industrials with Bethlehem Steel American Can New York Air Brake General Motors Studebaker and Republic Steel among top risers. U S Steel led activity with steady modest advances amid better industry outlook as total volume reached 617000 shares and foreign exchange firmed on a new British loan.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
American Can
New York Air Brake
General Motors
Studebaker
Republic Steel
American Coal Products
U. S. Steel
Can
Westinghouse
Reading
Union Pacific
Amalgamated Copper
Canadian Pacific
Amalgamated
South America
Interstate Commerce Commission
Chicago
Pacific Coast
United States Steel 6
United States
Unfilled Business and Stocks Fluctuate Since 1904
The record shows New York stocks fluctuating from 22 in 1907 to 60s in 1912 with unfilled business peaking at 7,923,164 tons in December 1912 and dropping to 2,674,757 tons in December 1910, then rising again as activity resumes at 60,000 tons per day versus 45,000 capacity.
MENTIONED IN THIS ARTICLE
New York
Boston Reserve Bank
Boston
Boston Market Sees American Zinc Hit Record High
The Boston market reports American Zinc making a new high at 60 a share with 50 percent of daily volume in brisk trades. Traders cite high grade spelter from Mascot as a earnings driver amid war order optimism and recovering coal stocks. Nipe Bay declares an 8 percent dividend on United Fruit subsidiary stock with earnings projected at five times the dividend.
MENTIONED IN THIS ARTICLE
Boston
Mascot
New England
Connecticut River Valley
Hendee Manufacturing Company
London
Island Creek Coal
Pond Creek Coal
Nipe Bay Company
United Fruit
Bond Market Snapshot Shows Wide Range of Bonds Listed
A fragmented listing conveys numerous bonds with varying prices and yields. References include Edison Electric Ill of 1.820f and Great Norris Atisc 97, with notes on Series A and multiple railroad and utility issues.
MENTIONED IN THIS ARTICLE
Norf & W
Eesees N . O Oats
Man T&t
Edison Elec
Bklyn
de Cal
Erie Et le
Heras
Witte Os Erie
Penn Con
Gion Bassas
Eleo
Norris Atisc
Bo Penn
Nyc
Bay
Hocking
Cole
Foreign Exchange Rates Edge Up In Afternoon Market
The foreign extra market firmed with bankers transacting in afternoon business. Sterling-Cables touched 4.7796 dollars, with bids at 4.76. francs at 5.63. marks at 0.814. guilders at 0.4016. lire at 6.1.
General Fireproofing Co opens Boston office
The General Fireproofing Company of Youngstown Ohio opened its Boston branch at 125 Federal Street yesterday. The all steel line includes desks filing systems and shelving. W Schafer is the district manager for the Boston branch and agency coverage will extend to other New England cities.
MENTIONED IN THIS ARTICLE
The
General Fireproofing Company
Youngstown
Ohio
Boston
Federal Street
New England
Allsteel
W. Schafer
Copper and metal markets ease amid steady demand July report
Copper market unchanged as demand remains fair. New York brokers quote electrolytic 2c premium and Lake grade up 1 1 2c. Spelter quiet with prices easing. New York spot at 22 1 2c, July 21.95 22.20c. East St. Louis spot 22 1 4c, July 21 3 8 4 22c. Joplin zinc ore at 95 110. Lead dull with outsiders quoting 5.65 5.70c for spot and July. Tin in Straits at 88 4c. Other metals priced, iron and coke markets listed.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Joplin
Boston Common Points
Northern
Southern
Birmingham
Connellsville
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Kidder, Peabody & CO
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Congress St
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U. S
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Broadway
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Mass
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Island Creek Coal Company
W. Batchelder
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