. ‘Partly stock. + Partlv extra. fPayablc in (ommon stock, tPlus
4'r in sick payable Iquarterly. ‘Plus 3% in slock, a Paid
this year—no regular rate, b 10% in common stock payable "%%
1 quarterly, c Plus 5% in stock. 4 Payable w hen earned, e Payable
, in <-ash or stock. (Pius 2%% in stock, z Plus 2-50 share in
*tnek*e li Plus $1 in special (lock. 1 Plus $4 in special stock
1 Plus S % in slock.
RAIL SHARES TAKE
ON FRESH ACTIVITY
Waning Enthusiasm in U. S.
Steel and General Motors
Hurts Industrials.
BY STUART r. WEST.
Special Dispatch to The Star.
NEW YORK. August 21.—The
sharp declines in the industrial shares
on the Stock Exchange during the
past week have not been due to any
important change in outside condi
tions. Wall Street was so long pre
pared for the General Motors big
stook dividend a week ago that it lost
all enthusiasm when the announce
ment was made.
Motor shares, with only one or two
exceptions, have ceased, at least for
the time being, to be prominent. A
decisive check was also given United
States Steel when unofficial yet com
monly credited reports came out that
nothing would be done in the way of
extra dividends at the next two quar
terly meetings.
Inasmuch as these two stocks were
consistently the leaders throughout
the upward movements of July and
early August, it was natural that
when they showed definite signs of
halting tiie sanguine spirit should
have been taken out of other parts
of the list. The reaction did not in
volve the railway shares as a group.
