EXHIBIT S-305

TABLE 8.-United States Steel's financial story, 1902-49

The data are in some respects necessarily approximate, and are based on the yearly earnings reported annually to stockholders without adjustment for surplus charges and credits except that the years 1942 and 1943 reflect renegotiation settlements made in the succeeding years. For example, taxes are as accrued before adjustments.

115,243 are holders of both preferred and common shares.

Includes medical and religious organizations, foundations, hospitals, libraries. (These data are as of Dec. 31, 1949. At Mar. 13, 1950, there were 246,067 stockholders of record.)

Substantially all dividends are received for individuals.

Includes shares of stock held by various charitable and educational institutions and insurance companies, as well as by brokers whose holdings are for account of their numerous individual customers. Includes trustees, guardians, and estates.

Brokerage firms having offices throughout the country where United States Steel's stocks are purchased locally; accordingly, it is believed that the residence addresses of the beneficial owners whose stocks are held by brokers and others have approximately the same pattern of geographical distribution as is characteristic of those individual United States Steel stockholders whose addresses are known.

EXHIBIT S-307

Distribution of United States Steel's common stock versus population and national

Source: National Income-Economic Almanac, 1950-NICB. Income is for year 1948.

EXHIBIT S-308

TABLE 1.-Capacity and production of pig iron, ingots, and finished steel products, total United States and percent by United States Steel Corp.

1 Iron and Steel Works Directory, 1938 or 1948.

2 Total production figures from Annual Statistical Report of American Iron and Steel Institute. United States Steel Corp. figures furnished by that corporation. Excludes production of ferro-alloys.

Steel products only (excludes iron) and includes only finished hot rolled.

7 Figures presented relates to production for sale (1939 and 1940) or shipments (1946, 1947, and 1948) for all steel products. Total figures from the Annual Statistical Report of the American Iron and Steel Institute, 1948. United States Steel Corp. data from annual report for 1949. (United States Steel Corp. shipments in thousands of net tons, 1939-11,707, 1940-15,014, 1946-15,182, 1947-20,242, 1948-20,655.)

Line (3) divided by line (2).