Steel's Half Year Earnings Highlight Strong 1918 Prospects
Steel earnings for the quarter ended June 3 show net before taxes at 153,273,000 with heavy tax charges. After all costs and dividends, the s u r plus was 19,000,000, supporting a 4.25 dividend and an implied annual per share near 40. The report notes rising earnings power, potential 150 share asset value for common stock, and a robust outlook despite possible future depressions.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Ways and Means
United States Steel
Dividend Declared on Common Stock of Manufacturing Company
Manufacturing Company announces a dividend of 1.75 percent on common stock for the quarter ending June 30 1914 to be paid July 31 1918 to stockholders of record as of June 20 1918. H F Bartz treasurer New York June 18 1918.
MENTIONED IN THIS ARTICLE
H. F. Bartz
York
Black Hawk
Boston Ely
Best & Montana
Butte & London
Denbigh
Ely
First National
Majestic
Nixon Nevada
Palisade
Pioneer Weenetecer
Stewart
Texana Oil
Troy Arizona
United Verde
Wright-Martin
Victoria
Yukon
Stocks End Mixed In Late Trading
Stocks turn soft in late trading with most issues slipping fractionally while General Motors shows weakness and Telephone steadies. Local lists show heavy totals with New York and Boston totals for sales and active issues, including Steel as the top New York issue and Swift as the top Boston issue.
MENTIONED IN THIS ARTICLE
General Motors
New York
Boston
Steel
Swift
New York Market Sees Professional Trading Amid Crop Doubts
July 30 reports show traders taking fresh short positions over adverse crop news and US Steel dividend uncertainty. US Steel slumped 7 8 points on the day while gas shares rose 2 to 3 1/2. Oil and other issues fluctuated. total shares 310,000. bonds steady.
MENTIONED IN THIS ARTICLE
New York
United States Steel
Steel
Harvester
Pacific Mail
General Motors
General Electric
Canadian Pacific
International
United States
Swift Co and American Telephone Leads Boston Market Slump
Trading focused on Swift & Co and American Telephone with modest declines overall. Swift & Co slipped to 112 1 4 after an initial gain while American Telephone hit 91 1 4 then recovered to close unchanged as officials labeled selling unimportant. The Eastern Steam Ship Co posted June losses of 7568 and half year deficits of 59371 as receipts dropped about 30 percent to 324439.
MENTIONED IN THIS ARTICLE
Swift & Co
American Telephone
Louis F. Swift
United States
Vail
Eastern Steamship Company
Stocks Move Narrowly On Quiet New York Session
New York stock prices showed small moves with little trading activity. Highs and lows were modest across key issues as investors awaited further signals, leaving prevalent quotes near the previous close and showing limited net changes.
MENTIONED IN THIS ARTICLE
New York
Bond Market Tradings Mixed Amid Shifting Rates
Market activity shows fluctuating bond prices as investors weigh modest rate changes. Yield movements vary across maturities with no clear directional consensus emerging.
Foreign exchange market report with mixed gains and losses
The report shows Sub Treasury credits and large net losses since last Friday amid foreign exchange activity. Swiss francs strengthened while Sterling cables traded around 4.76 to 4.77 and demand near 4.75. Other currencies listed include francs at 5.71 and lire at 8.00 with pesetas and Argentine pesos quoted.
MENTIONED IN THIS ARTICLE
POOH
Nik Sudhir
da Agdasckets
Evete
Boston
Sub-Treasury
New York
Treasury
New York Ln
IGN Exchange
France
Seven More Americans in German Prisons
War Department announced that two officers and five enlisted men of the American Expeditionary Forces are held as prisoners in Germany. It also reported the death of Private Jerry A. Brown of Columbus, Ohio, previously listed as missing in action. Names, home addresses, and prison camps follow for Captain John W. Morris, Captain Elmer J. Prosper, Corporal John F. E. Smith, Private Harold G. Lawrence, Private George M. Williams, Private John Walter Jones, and Private Charles E. Locke.
MENTIONED IN THIS ARTICLE
Washington
Germany
War Department
Jerry A. Brown
Columbus
Ohio
John W. Morris
D. C
Rassett
Elmer J. Prosper
Philadelphia
Cassel
John FE. Smith
Lyons
Iowa
Harold G. Lawrence
Independence
Kan
Darmstadt
George M. Williams
Henderson
Limburg
John Walter Jones
Oxford
Ala
Remmbahn
Charles E. Locke
Cincinnati
Giessen
Manufacturer letter cites surplus difference and sales total
A 1918 letter responds to June 13 on surplus account differences. It notes a Manufacturer rated at 100000 to 150000 and claims $1,529,339.03 of accounts sold in the last 15 months. The firm states it serves others profitably and asks why not you.
MENTIONED IN THIS ARTICLE
Memrt
Ce Teeee
Epuure Vi Craeays
Conse Dew Eee
Becenmah
Msn Ans
Humble
Houston
Texas
James D. Hawk
First National Bank Bldg
Denver
Colo
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THE
Edison Electric Illuminating Company
Kidder, Peabody & CO
U. S. Steel
American Tel
Western Union
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N. Y
Mramate Ic Ree
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Aetna Explosives
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ATES
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Summer St
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Cole
Swift & Company
G. F. Redmond & Co., Inc
State Street
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Kentucky Oil & Gasoline Refining Corp
Folla and & Company
Broadway
Champion Copper
Box 1850