New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-28
FINANCIAL RECORD
HERE And ABROAD
Market Breaks on Passing
Steel Dividend-Some
Recovery at Close.

SECURITIES V'eN' '"''
suit Of the announcement ot inc '0"
osr-irrs Of tho Steel Corporation ana
-.t.. s.,,so,5 ON Us com
INC i"1''"N ,,..-. 80
mon siocN ~ INC ''''''S
49,. -. .,..-3cl me- the dav went
r-,r Lo,.r nj, so
ON. Al'cI ''e ''S' ''''
selling pressure was loss urgent """
enc DAYS business of under 35OOOO
... ,,, O., the highest to-
......l.. e,.., shock
tails OF last wees '.,'' ''. I'm
had been mot Che market absorbed SELL
ING Vcl. and on short co[orlnS '''>,V
above the low prices ci ms cav N''
1850. Of from to points or moro
,..or. general
Sod which on Tuesday bad closed
of s1t. oDcncd with hcav, Offers az
q. 10. ,-.r.,,rr, nrIcc. There were
...,,bc, of transactions at th.s figure.
-". 'r,., .-ourd 1000 shares had
bc,. t.to, lr tfo f,st hour or so busl-
.c.. ceased Stock Exchange authorl-
... srte- o'clock rCcogn zcc ne"
coalitions created by placing the ISSUE
-.o,- tbc nor-8ividcud payers and
..,-crl3 tre minimum 20 fB. steel pre-
.,,,o5 ,rorod more than points down
fo-z. cber~od hands az ouc-hali OF
,o.,+ above It's minimum Of lO2 and
.ro.,d az 1885,. Around $4,000 shares
,.ore dealt i0. The sinking fund BIS
moro lower iu moderately heavy SELL
inc
Stool common declined abruptly 10
D. ondor. and was sold 90 q considerable
extent for foreign account mere win
other stocks on the internauona. Ns'
~t,,fire. exchange went higher. bat re-
f..,c5 6er,ro the dav had ended Re
,,cval of restrictions against selling
for delayed delivery on inc Sioc" IN
CHANGE indicates that sudden lqu'da-
.ior bv European holders is no longer
..,...I,. +o he feared.
D..I...os Of from , 20 8 points were
..1.i d., ,ostcrday's lowest prices.
r-5.,.. ,.,. heavily sold. as we're
.-,.tl,. and Union Pacific and Copper.
-. 81 favored Of late.
....'.,.,,4 -,.r, instances Of consider
ti. 49, Root SMEAR and American
go. ,,;+, Tbird Avenue. were nota-
i.il c,,centiors 10 the days weakness.
rorvo~fiblo bonds generally changed
bs,ds 81 lower prices.
Ia roviov,s pointed out that the
.. ''IS o.e..,-i. oorrinos had made
pla.H Luz ao ,,,cb moro unfavorable
ear "au - ~, .bon was generally sup
y" inc inuus. E.- ,.''' =. ;s fc,,ro6 that the
.S1,'' cl-,l,~stior is operating a.
H'et. -C ~. - or cangcity but new
,.Iounu '' r' .o;5 - he small. Some
"u5 - - fr;sbod steel have been
'IueiS So, Get Rritair. and the
ie,t''y" lu'' -.r-,.t,,,ra1 work is i'm
'"'O"N .l,,,,,,,o continues dis
proved hu' ran '0'' rs'e,.l5 S+eol car
appointing. l"V OK So.I,rod divi-
company. "n'ch III ..il -, ,ossod
ocnds OF per cent Io' '"' val
its dividend YESTERDAY. ,.......,,
The pennsylvania RAM Hu' lI!o1.:5o,,5'
yesterday declared us reg ulai u'
when not SO FctE io''N ,,rc-o,4sir.(, In
lei OF sum- - - t,o-o,,5 csnsino an
YESTERDAY ''",.''.',' - - tbo stocl
abrupt up,utH .l. 'i'e 49, 49, Tbo road
'hlS was "i.io ,I -, $40 O00 400 A.
ias so4u 10 80 :.-,o5 ,,rdor an old
per cent oCriuo, ,,.;.L fnrtbor bonds
NOR lgaee., ~. 49, tbo con,ir, meet
20 oe "u.loi -. ,ri1I nroyide for
ing % 5,,o ,bis vosr Tho Erie is
l'.aeui ~. .o,- rois;,e tho rate of inter-
ti L'frt't~ .--..o-