Summary analysis of factors resulting in increase or decrease (—) in net plant and property and working capital for the years 1934 to 1949, inclusive-Continued [000 omitted] PITTSBURGH STEEL CO. (AND SUBSIDIARIES CONSOLIDATED) Gross additions to plant and property amounted to---, Provisions for depreciation aggregated_-_ Leaving net additions to plant and property of-. Thus, the decrease in net plant and property was. Net working capital increased....... $40, 861 12, 685 28, 176 35, 905 7,729 9, 524 ing capital of------. Resulting in a net increase in net plant and property and work 1,795 Resulting in an increase in net plant and property and work- 179, 815 Summary analysis of factors resulting in increase or decrease (-) in net plant and property and working capital for the years 1934 to 1949, inclusive-Continued [000 omitted] JONES & LAUGHLIN STEEL CORP. (AND SUBSIDIARIES CONSOLIDATED) Gross additions to plant and property amounted to----- $297, 869 1, 016 Resulting in an increase in net plant and property and working 154, 084 Add decrease in investments and other assets (net)- -$29, 357 618 52, 792 -2, 341 60, 587 147, 132 6, 952 Total____ 154, 084 ARMCO STEEL CORP. (AND SUBSIDIARIES CONSOLIDATED) Gross additions to plant and propert amounted to--- Leaving net additions to plant and property of.. Provisions for depreciation aggregated--- Thus, the increase in net plant and property was. Net working capital increased____ Resulting in an increase in net plant and property and working 172, 393 (3,965) 176, 358 102, 378 73,980 88,857 162, 837 Summary analysis of factors resulting in increase or decrease (—) in net plant and property and working capital for the years 1934 to 1949, inclusive-Continued [000 omitted] COLORADO FUEL & IRON CORP.1 (AND SUBSIDIARIES CONSOLIDATED) Gross additions to plant and property amounted to_ Resulting in an increase in net plant and property and working 45, 516 Gross additions to plant and property amounted to---- 9, 524 278 Resulting in an increase in net plant and property and working 16, 066 Less increase in investments and other assets (net) --. Total 19, 439 3, 373 16, 066 1 The company emerged from 77B proceedings in April 1936; fiscal year ends June 30. The company was incorporated May 23, 1946. No annual report was available for 1949. Summary analysis of factors resulting in increase or decrease (—) in net plant and property and working capital for the years 1934 to 1949, inclusive-Continued [000 omitted] NEWPORT STEEL CORP. (AND SUBSIDIARIES CONSOLIDATED) Gross additions to plant and property amounted to.. $22, 872 2,622 Resulting in an increase in net plant and property and working 24, 004 Total Subtotal Less increase in investments and other assets (net) - 3 The company succeeded the Foster Machine Co. in 1941; no reports were filed by the predecessor company. Fiscal year ends October 31. EXHIBIT S-193 16 steel companies-Statement showing relationship of cash dividends on com mon stock to net income available for common for the years 1934 to 1949, inclusive [000 omitted] 24, 853 849 24, 004 ! Includes $2,873 preferred dividends in arrears of Alan Wood satisfied by the issuance of 287,297 shares of $10 par value common stock in 1948. In addition Republic charged earned surplus with $7,711 for common stock dividend on common stock in 1948. Represents cash dividend by Alan Wood in 1 year (1948) only; in 1949 a common stock dividend of $317 was paid in common stock. In addition National charged earned surplus with $18,962 for common stock dividends on common stock in 1948. In addition Jones & Laughlin charged earned surplus with $7,430 for common stock dividends on common stock in 1949. In addition Armco charged earned surplus with $16,202 for common stock dividends on common stock in 1948. EXHIBIT S-194 16 steel companies (and subsidiaries consolidated)—Summary showing relationship of cash dividends on common stock to net income available for common stock for the years 1934 to 1949, inclusive, by years Includes $2,873 preferred dividends in arrears of Alan Wood satisfied by the issuance of 287,297 shares of $10 par value common stock in 1948. In addition earned surplus was charged with common dividends in common stock, during 1948, as follows: Republic Steel Corp., $7,711, National Steel Corp., $18,962, Armco Steel Corp., $16,202, total, $42,875. In addition Jones & Laughlin Steel Corp. charged earned surplus with common dividends in common stock in the amount of $7,430, and Alan Wood Steel Co. charged earned surplus with $317, the approximate market value of common stock issued as a stock dividend. In 1943 the corporation reacquired shares of its outstanding preferred and used them in an exchange before the end of the year, |