Abstract

Finance
March 10, 1910 issue

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The article presents information on finance. From the hour of the company's organization, in March 1901, $188-500,000 was assigned to the fifty or so junior holders of the Carnegie Steel Company; Carnegie himself having received only bonds. The numerous shareholders in the seven or eight less important steel manufacturing combinations which were taken in, received something over $600,000,000 in the new United Steel Shares. Under the law, the large Steel investors were compelled to file, with a statement of their several holdings, their assents to the plan for converting $200,000,000 Steel preferred shares into bonds.

See Also:

FINANCE; ORGANIZATION; BUSINESS enterprises; BONDS; CAPITALISTS & financiers; STOCKS
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