HEARINGS

BEFORE THE

SUBCOMMITTEE ON STUDY OF MONOPOLY POWER

3. Congress. House,

OF THE

COMMITTEE ON THE JUDICIARY,

HOUSE OF REPRESENTATIVES

EIGHTY-FIRST CONGRESS

SECOND SESSION

Serial No. 14

PART 4-B

STEEL EXHIBITS

(Including Appendix and Index to Hearings)

Printed for the use of the Committee on the Judiciary

S-1. Table. United States iron-ore supplies and deficiencies under as-
sumed conditions, 1950-70---

S-2. Table. Total United States iron-ore requirements at assumed steel

production rates, 1950-70_-

S-3. Table. Maximum iron-ore supplies for the United States, 1950-70--

S-4. Table. Iron-ore reserves of the United States, January 1, 1950--.

S-5. Table. Active foreign iron-ore interests of United States firms----

S-6. Graph. Steel-ingot capacity of three major producers and all others

as percent of total in selected years; steel-ingot production of three

major producers and all others as percent of total_----

1

2344

5

S-7. Graph. United States capacity and production of steel ingots and

steel for castings, 1901 to 1950---

6

S-8. Chart. United States iron and steel industry, physical flow from raw

materials to finished products, 1948_.

7

S-9. Chart. Role of the United States iron and steel industry in the do-

mestic manufacturing economy--

8

$-10. Table. Distribution of finished steel to consuming industries,

1923-49-

9

$-11. Chart. Role of the United States iron and steel industry in the

world economy, world crude steel production and capacity--.

S-12. Article, "The Week in Finance," by George Wanders, from the New

York Herald Tribune, April 24, 1950_

11

S-13. Chart. Where Do They Get Their Ore?__

S-14. Letter from James M. Meade to Hon. Winfield K. Denton, M. C.,

April 24, 1950, concerning United States Steel Corp. and Gunnison Homes,

Inc__.

14

S-15. Table. Recapitulation of Minnesota iron shipments. direct shipping

and beneficiated ores by railroads, 1939-44, inclusive, with average 6-

year shipments, also 1945 shipments---

S-16. Table. Butler Bros.-comparative 1944 and 1946 lower lake base

prices of Mesabi non-Bessemer 51.50 natural iron; summary of costs

for 1944 compared with July 1946 consumed in added production costs__

$-17. Table. Butler Bros.-comparative 1944 and 1946 lower lake base

price of Mesabi non-Bessemer 51.50 natural iron-summary of costs

for 1944 and 1946____.

S-18. Table. Summary of net operating income from Minnesota mining

operations based on occupation-tax reports, years 1939 to 1943, inclusive_

S-19. Table. Comparison of iron-ore production for years of 1939 to 1945,

showing tons, net operating income before fixed charges and Federal

taxes, amounts collected by upper lake rail carriers, and royalty taxes

paid to fee owners, designed to show gradual increasing unfavorable

position of producers of beneficiated ores_.

S-20. Table. Minnesota iron-ore production for open-pit mines based on

1943 occupation tax reports adjusted to show true costs; also royalty

and royalty-tax payments per ton----

S-21. Table. Minnesota iron-ore production for open-pit beneficiating

mines based on 1943 occupation tax reports adjusted to show true costs;

also royalty and royalty-tax payments per ton----.

S-22. Table. Minnesota iron-ore production for underground mines, based

on 1943 occupation tax reports, adjusted to show true costs; also royalty

and royalty-tax payments per ton---.

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