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United States Steel

APPENDIX Comparative Production

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Table showing percentage of total steel and iron output of the United States produced by the U. S. Steel Corporation in the years 1901, 1911, 1913, and 1919. Figures for 1901 and 1911 are from the exhibit in the dissolution suit and for 1913 and 1919 from the reports of the American Iron & Steel Institute.

1901 1911 1913 1919

Iron ore from Lake Superior Ranges 61.6 54.3 50.46 45.94

Total iron ore 45.1 45.8 46.37 42.05

Total blast furnace products 43.2 45.4 45.47 43.97

Steel ingots and castings 65.7 53.9 53.21 49.61

Steel rails 59.8 56.1 55.51 61.96

Heavy structural shapes 62.2 47.0 54.03 43.77

Plates and sheets 64.6 45.7 49.13 44.30

Wire rods 77.6 64.7 58.44 55.42

Total finished products 50.1 45.7 47.81 44.60

Wire nails 65.8 51.4 44.55 51.86

Tin and terne plates 73.0 60.7 58.64 48.44

Summary of earnings and distribution thereof since organization:

Net profits from April 1, 1901 to December 31, 1919 $1,732,070,796

Deductions; special reserves, etc. 32,227,566

Balance of profits 1,699,843,230

Preferred dividends paid (131¼ per cent.) 496,391,722

Common dividends paid (89½ per cent.) 454,908,882

Total dividends paid 951,300,604

Surplus profits 748,542,626

Appropriations for capital expenditures, etc. 280,494,424

Balance of profits carried to surplus account 468,048,202

Summary of undivided surplus:

Surplus or working capital provided at organization $ 25,000,000

Balance of surplus accumulated to Dec., 1919 468,048,202

Total undivided surplus 493,048,202

Appropriated surplus 280,494,424

Total appropriated and undivided surplus 773,542,626

Table of number of common stockholders as shown by the Corporation’s books each quarter since organization in 1901. These figures indicate how the Corporation’s junior stock has been widely distributed and how it has grown in favor with investors in recent years particularly.

YEAR 4TH QTR. 3D QTR. 2D QTR. 1ST QTR.

1920 95,776 90,952 87,229 83,583

1919 73,318 73,456 74,071 78,018

1918 72,779 65,862 63,507 61,044

1917 51,689 44,789 43,482 42,564

1916 37,720 40,430 41,156 41,910

1915 45,767 51,169 55,907 56,825

1914 52,785 50,195 47,695 47,221

1913 46,460 44,398 41,324 38,679

1912 34,213 34,645 35,106 36,555

1911 35,011 31,472 29,853 29,235

1910 28,850 28,910 24,435 22,033

1909 18,615 16,861 17,342 21,522

1908 21,093 24,804 27,439 29,563

1907 28,435 20,513 18,539 15,975

1906 14,723 14,879 D—— 17,525

1905 20,075 D—— D—— 24,531

1904 33,395 35,706 D—— 36,980

1903 37,237 34,997 28,987 26,830

1902 24,636 21,321 19,640 17,723

1901 15,887 13,318 —— ——

PRODUCTION (GROSS TONS)

1902 1903 1904 1905 1906 1907

Ore mined 16,063,179 15,363,355 10,503,087 18,486,556 20,645,148 22,403,801

Coal mined—not for making coke 709,367 1,120,733 1,998,000 2,204,950 1,912,444 3,550,510

Limestone 1,313,120 1,268,930 1,393,149 1,967,355 2,227,436 2,957,163

Coke 9,521,567 8,658,391 8,652,293 12,242,909 13,295,075 12,373,938

Pig Iron, Spiegel and Ferro-Manganese 7,975,530 7,279,241 7,369,421 10,172,148 11,058,526 10,631,620

Bessemer Steel 6,759,210 6,191,660 5,427,979 7,379,188 8,072,655 7,556,460

Open-hearth Steel 2,984,708 2,976,300 2,978,399 4,616,015 5,438,494 5,543,088

Finished Steel 8,197,232 7,635,690 6,792,780 9,226,386 10,578,433 10,376,742

Cement (bbls.) 486,357 644,286 539,951 1,735,343 2,076,000 2,129,700

1908 1909 1910 1911 1912 1913 1914

Ore mined 16,662,715 23,431,047 25,245,816 19,933,631 26,428,449 28,738,451 17,034,981

Coal mined—not for coke making 3,008,810 3,089,021 4,850,111 5,290,671 5,905,153 6,705,381 5,271,911

Limestone 2,186,007 3,496,071 5,005,087 4,835,703 6,124,541 6,338,509 4,676,479

Coke Manufactured—Beehive 7,591,062 11,896,211 11,641,105 9,491,206 11,544,840 11,062,138 7,092,792

Coke Manufactured—By-product 578,869 1,693,901 2,008,473 2,629,006 5,164,547 5,601,342 4,081,122

Pig Iron, Spiegel, etc. 6,934,408 11,618,350 11,831,398 10,744,897 14,186,164 14,080,730 10,052,457

Bessemer Steel 4,055,275 5,846,300 5,796,223 5,055,696 6,643,147 6,131,809 4,151,510

Open-hearth Steel 3,783,438 7,508,889 8,383,146 7,697,674 10,258,076 10,524,552 7,674,966

Finished Steel 6,206,932 9,859,660 10,733,995 9,476,248 12,506,619 12,374,838 9,014,512

Cement (bbls.) 4,535,300 5,786,000 7,001,500 7,737,500 10,114,500 11,197,000 9,116,000

1915 1916 1917 1918 1919

Ore mined 23,669,676 33,355,169 31,781,769 28,332,939 25,423,093

Coal mined—not for making coke 5,828,278 6,162,430 6,942,298 6,354,980 5,937,487

Limestone 5,795,925 7,023,474 6,494,917 5,141,365 5,835,289

Coke—Beehive 9,701,692 12,479,160 11,177,247 9,962,403 5,933,056

Coke—By-product 4,799,126 6,422,802 6,284,428 7,795,233 9,530,593

Pig iron, Spiegel, etc. 13,641,508 17,607,637 15,652,928 15,940,954 13,637,504

Bessemer Steel 5,584,198 7,273,766 6,405,390 5,630,246 4,788,242

Open-hearth Steel 10,792,294 13,636,823 13,879,671 13,953,247 12,412,131

Finished steel 11,762,639 15,460,792 14,942,911 13,849,483 11,997,935

Cement (bbls.) 7,648,658 10,425,600 10,917,000 7,287,000 9,112,000

INCOME AND DISBURSEMENTS

NET INCOME NET FOR STOCK PFD. DIVIDEND COMMON DIVIDEND APPRORPRIATIONS SURPLUS

RATE % AMOUNT

1901 (9 mos.) $84,779,298 $61,395,203 $26,752,894 3 $15,227,812 —— $19,414,497

1902 133,308,764 90,306,524 35,720,177 4 20,332,690 —— 34,253,657

1903 109,171,152 55,416,653 30,404,173 2½ 12,707,563 —— 12,304,917

1904 73,176,522 30,267,529 25,219,677 — —— —— 5,047,852

1905 119,787,658 68,585,492 25,219,677 — —— 26,300,000 17,065,815

1906 156,624,273 98,128,587 25,219,677 2 10,166,050 50,000,000 12,742,860

1907 160,964,674 104,565,564 25,219,677 2 10,166,050 54,000,000 15,179,837

1908 91,847,710 45,728,714 25,219,677 2 10,166,050 —— 10,342,987

1909 131,491,414 79,073,695 25,219,677 4 20,332,100 18,200,000 15,321,918

1910 141,054,755 87,407,186 25,219,677 5 25,415,125 26,000,000 10,772,384

1911 104,305,466 55,300,296 25,219,677 5 25,415,125 —— 4,665,495

1912 108,174,673 54,240,049 25,219,677 5 25,415,125 —— 3,605,247

1913 137,181,345 81,216,985 25,219,677 5 25,415,125 15,000,000 15,582,184

1914 71,663,615 23,496,768 25,219,677 3 15,249,075 —— E16,971,984

1915 130,396,012 75,833,833 25,219,677 1¼ 6,353,781 —— 44,260,374

1916 333,674,177 271,531,730 25,219,677 8¾ 44,476,469 —— 201,835,585

1917 295,292,180 224,219,565 25,219,677 18 91,949,450 55,000,000 52,505,438

1918 199,350,680 137,532,377 25,219,677 14 71,162,350 —— F28,935,350

1919 143,589,062 76,794,582 25,219,677 5 25,415,125 —— 26,159,780

1920G 177,174,126 110,136,105 25,219,677 5 25,415,125 —— 59,501,303

THE COUNTRY LIFE PRESS, GARDEN CITY, N. Y.

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