Word: steeling
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...corporation and resigned all my directorates. ... I sold every share of stock I owned in every national bank, trust company or other banking institution. I then owned and I now own a substantial amount of stock in the Gulf Oil Corp., the Aluminum Co. of America, Standard Steel Car Co. and other business corporations, but in every case my holding is very much less than a majority of the voting stock of such corporations. . . . My active connection with them was severed in 1921 as completely as if I had died at that time...
Among famed steelmen not at the U. S. Steel meeting was Charles M. Schwab, onetime (1901-03) U. S. Steel president, now board chairman of Bethlehem Steel, second largest steel producer. Chairman Schvvab and President Eugene Gifford Grace had held their stockholders' meeting earlier in the month. President Grace had at that time told Bethlehem stock-holders that Bethlehem's March output was greater than its rated capacity, that (recently resumed) dividends on common should continue uninterruptedly. U. S. & Bethlehem. Great is Bethlehem Steel; greater is U. S. Steel. Bethlehem has a capacity of 7,900,000 ingot...
Republic Iron & Steel Co. Merged with Trumbull Steel Co., February 1928. In 1928 earned $4,710,400 ($4.25 per share). Under comparatively new management, E. T. McCleary, onetime vice president of Youngstown Sheet & Tube Co., succeeding T. J. Bray to the presidency in April 1928. Acquired Steel & Tubes Co. Inc., maker of electrically welded tubing, in September 1928. Republic now rates among larger independents...
Colorado Fuel & Iron Co. Largest steel producer west of the Mississippi. Main works at Pueblo, Colo. Strike in company coal mines lowered 1928 earnings (first nine months, $1.54 per share). Steel rails are its chief product...
...Steel Co. Cleveland's steel company earned nearly $4,000,000 in 1928, its $3.82 per share showing marked improvement over $1.02 in 1927. With the automobile industry a leading customer, the company has enjoyed a record first quarter and expects soon to resume common dividends...