Preliminary Report to Stockholders of United States Steel Corporation to Be Sub
Preliminary Report to Stockholders of United States Steel Corporation to Be Sub
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The heavier products, like rails, billets, plates and structural material are sold up to the productive capacity of the Mills, until nearly the end of the year. In the more highly finished products, the consumption in each case is greater now than at the corre- sponding period in 1901, which, it should be remembered, was an abnormally heavy year. The expectation, there- fore, of those closely connected with the manufacture and sale of these highly finished products, is for a demand even larger ...than that of 1901, and up to the limit of pro- duction.
POLICY AS TO PKICES.
The demand for the products of the several companies has been so great that prices could easily have been ad- vanced. Indeed, higher prices have been voluntarily offered by consumers who were anxious for immediate exe- cution of orders, but the companies have firmly maintained 20 .
the position of not advancing prices, believing that the existing prices were sufficient to yield a fair return on capital and maintain the properties in satisfactory physical condition, and that the many collateral advantages to be gained in the long run by refusing to advance prices would be of substantial and lasting value, not only to the com- panies, but also to the general business interests of the country.
What to read after Preliminary Report to Stockholders of United States Steel Corporation to Be Sub?
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To quickly assess the difficulty of the text, read a short excerpt:
The heavier products, like rails, billets, plates and structural material are sold up to the productive capacity of the Mills, until nearly the end of the year. In the more highly finished products, the consumption in each case is greater now than at the corre- sponding period in 1901, which, it should be remembered, was an abnormally heavy year. The expectation, there- fore, of those closely connected with the manufacture and sale of these highly finished products, is for a demand even larger ...than that of 1901, and up to the limit of pro- duction.
POLICY AS TO PKICES.
The demand for the products of the several companies has been so great that prices could easily have been ad- vanced. Indeed, higher prices have been voluntarily offered by consumers who were anxious for immediate exe- cution of orders, but the companies have firmly maintained 20 .
the position of not advancing prices, believing that the existing prices were sufficient to yield a fair return on capital and maintain the properties in satisfactory physical condition, and that the many collateral advantages to be gained in the long run by refusing to advance prices would be of substantial and lasting value, not only to the com- panies, but also to the general business interests of the country.
What to read after Preliminary Report to Stockholders of United States Steel Corporation to Be Sub?
You can find similar books in the "Read Also" column, or choose other free books by United States Steel Corporation to read onlineMoreLess
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