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Republic Steel reports record 1947 earnings and plans expansion
Republic Steel Corp reports 1947 net income of 21,018,410 on sales of 649,824,066 and earnings 5.17 a share, noting 1946 profits were higher per share. The issue discusses price adjustments, losses on semi-finished steel, capital spending of 32,923,275, and new blast furnace methods, with notes on ore discoveries in New York and plans for 1948 production potentially exceeding 1947. Local property sale and regional notes follow.
MENTIONED IN THIS ARTICLE
Cleveland
Republic Steel Corp
T. M. Girdher
C. M. White
Girdler
White
Republic
Lic
Youngstown
Buffalo
Warren
Chicago
Gudler
Chatesugey
New York
Girdler and White