| Show COLUMBIA STEELS FIRST YEAR PROVES VALUE OF enterprise actual practice has borne born e out the faith of the management in the quality and availability of raw materials in utah for making makin g commercial iron and steel says the annual made ade recently m steel corporation report of the columbia public sheet shows a successful the income report an and d balance year despite the fact that conditions condition s in the industry were below normal over the nation after deducting Y operating abar charges and for of iron and coal reserves and depreciation on depletion income for the year of 0 equipment the sales netted a gross bond and other interest after af ter deducting remained an there income taxes charges and the federal of income operating bv increased the bonded bonde d debt was the during year outstanding bv and the 1000 current liabilities capital amounting to preferred red stock by new prefer at colt columbia abia the invested in the coal plant was tronton at furnaces and the mines at iron springs iron calif there and nd torrance at Pitts pittsburgh bure the plants while on was ivas invested and respectively |
