Business: Business Notes, Jul. 12, 1926

Stock Sales. During the first half year of 1926 Manhattan Stock Exchange men traded 224,928,600 shares, a daily average of 1,509,587. This is a record. Maddening Steel. Speculators are puzzled in their attitudes toward the common stock of U. S. Steel. Many are certain that Judge Gary will resign and permit a stock dividend (TIME, July 5). Many think a 40% stock dividend will be declared. Others premise that the $100 par common stock will be doubled and put on a 4% or 5% dividend basis (the present rate is 7%). Still others suppose...

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