Salt Lake Telegram | 1931-01-27 | Page 12 | U. S. Steel Reports Quarter Earnings

U. U S S. S STEEL REPORTS ijU Last 3 Months of 1930 Bring Total Net Income NEW YORK Jan JaIl 27 Pj iP United States Steel corporation today re reported reported re- re ported total earnings for the final quarter of or 1030 of This compares with in the previous previous pre pre- three months' months period and 56 t In the fourth quarter of 1929 Net income for the last quarter of 1930 amounted to against in the previous quarter and In the comparable period period pe pe- lad i-lad of 1929 The net Income for the thc final filIal quarter Includes representing representing representing rep rep- resenting a quarterly apportionment of the net Interest on tax refunds from froni the federal government go and net adi adjustments on various accounts orders on Dec Dee 31 31 1930 totaled led tons c compared with t tons ns on Sept 10 and 4 V tons tous on Dec 31 31 1929 For the entire year car of 1930 earnings earn cam ings were svere ero equal to a common share against 2110 In 1929 The total earnings for the last quarter quart r were divided as follows 10 19 for October 1 for November and for Decem Decent ber bet Tho llio last figure Is subject to revision rc Net profit for the quarter covered by the thc report was equal to 70 cents cent a common share In the tile previous quarter profit was equivalent to a share and in tho last quarter of or 1929 amounted to a share Directors declared the regular quarterly dividends of or 1 75 each cacti on the c common and preferred stocks 4 I t