Word: steeling
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...company of noted men assembled by invitation at No. 71 Broadway, Manhattan, In the offices of Elbert H. Gary, Chairman of the U. S. Steel Corporation. Among their distinguished numbers were Richard Washburn Child, onetime (1921-24) Ambassador to Italy; George W. Wickersham, onetime (1909-13) U. S. Attorney General; W. H. Pouch, President of the National Association of Credit Men; William E. Knox, President of the American Bankers' Association; C. K. Woodbridge, President of the Associated Advertising Clubs of the World; Governor Silzer of New Jersey; Judge Ewing Cockrell of Missouri, one of the organizers of the Missouri Crime...
Many have wondered in recent months whether the Bethlehem Steel Corporation, in absorbing Lackawanna Steel and Midvale Steel and Ordinance, "bit off more than it can chew." Earnings of the greater Bethlehem have not been impressive, and evidences of an extreme policy of economy have abounded. The most recent instance has been the retirement of three high-salaried Bethlehem executives-Archibald Johnson and H. S. Snyder, Vice Presidents, and W. E. Tobias, General Manager of Purchases. All three men have been with the company for years, and will be retained "in an advisory and consulting capacity." Several of them became...
Engagement Broken. Miss Emmeline Grace, daughter of Eugene Gifford Grace, President of the Bethlehem Steel Corporation, to Sir Michael Bruce, descendant of the Kings of Scotland, whose engagement was announced last December. Although the engagement had been broken several months ago, no announcement was made until last week when he married Miss Doreen B. Greenwell of Cheltenham, England, in London...
Although the tendency has become pronounced for different industries to go their own gait, nevertheless the typical and basic character of the steel industry has not been forgotten. Thus no small curiosity awaited last week the publication of earnings of the U. S. Steel Corporation for the second quarter...
...reassuring element consisted in the fact that the second quarter earnings this year ran ahead of those for the first quarter- $39,882,992. After deduction of $14,062,540 for depreciation and sinking fund, and $4,672,677 for interest and premium on U. S. Steel bonds, a balance for dividends of $21,889,004 remained. After payment of $6,304,919 in preferred dividends, and $8,895,293 in common dividends, $6,688,792 remained to be added to surplus. For the last quarter, therefore, surplus available for common dividends amounted to $3.06 a share, compared with...