Show U. U S. S Stee Reports Dividend NEW YORK Reporting the earnings of United States Steel Corp for the second quarter of 1945 Irving S. S Olds chairman announced that the directors had declared the quarterly dividend of a share on the preferred stock payable Aug 20 to stockholders stockholders stock stock- holders of record as of Aug 2 A dividend of 1 a share on the common cornmon corn com mon stock payable Sept 10 to stockholders of record as of Aug 10 also is announced Income from the second quarter of 1945 after all costs but buL before declaration of dividends amounted amount amount- ed to For the first six months the reported income of was less than for the corresponding period In 1944 Each year for the past four 25 2 has been set aside for or estimated estimated esti esti- mated additional costs applicable to the years of war As the bal balance balance bal bal- ance up to Dec 31 is adequate no additional amount was determined for the first six siC months of 1945 Thus there is isa isa a decrease of in the costs of this report Shipment ingot and casting current asset and total capital expenditure ex cx- figures for the second quarter also were quoted by Mr Olds |