Good Steel

Although motor stocks have led the recently advancing market, many speculators and business men continue to look upon the U. S. Steel Corporation as the permanent leader among industrial companies.

Now it is announced that for the quarter ending Sept. 30, 1925, Steel earned $42,400,412--the highest figure since the first quarter of 1924.

The Steel directors are (as usual) most conservative concerning payment of large common dividends. They still maintain the regular 5% dividend on the common stock, and pay an additional 2% as a "regular extra" dividend. As yet they have not apparently seen fit to set 7% as the regular common dividend, though no one at present contemplates any actual reduction below this figure.