APPENDIX
Comparative Production

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.