Show BETHLEHEM HAS NO DIVIDEND NEW YORK Jan 28 UP U Beth UP-Beth- Beth Bethlehem lehem Steel corporation today omitted omitted omit omit- ted dividend payments payment on the common common com com- mon stock for the second quarter due at this time In the two preceding quarters directors di dl rectors had declared payments payment of 50 cents cent a share a reduction from the 1 dividend in the first quarter of 1931 Prior to that pe period od the stock had been on a 6 annual basis since July 1929 No dividends were paid from July 1924 to the first quarter of 1929 when a 4 basis was The regular quarterly dividend of on the preferred was declared The company had a deficit of 1 1 in the last quarter of 1931 after aier interest charges and depletion and depreciation allowances compared com corn pared with wih a deficit of in inthe inthe i the third quarter and net income of for the final three months of 1930 The preliminary report for the entire entire en tire year 1931 showed a net in income ome of Contrasting with wih net income income in in- come of in 1930 Earnings amounted to 12 cents cent a preferred share against on the common in inthe inthe i the previous year |