The total earnings of all properties after de ducting all expenses incident to operations, amounted to $208,281,104.23 in 1918. From this must be deducted the charge for interest on out standing bonds, mortgages and purchase obli gations, leaving $136,902,923.36. Dividends for the year were: Preferred, 7 per cent $25,219,677 common { Regular, 5 per cent 25.415,125 Extra, 9 per cent 45,747,225 In the same year the corporation mined 28,332, 939 tons of iron ore; 5,141,365 tons of lime stone; 31,748,135 tons of coal; manufactured 17,757,636 tons of coke; produced 15,700,561 tons of pig iron and 240.393 tons of spiegel and ferrosilicon; made 19,583,493 tons of steel in gots and 13,849,483 tons of rolled and other finished steel products; also 7,287,000 barrels of cement. The average number of employees in the service of the corporation during the year and the total wages paid were as follows: No. of Total employees salaries Employees of subsidiary companies except of railroads under Federal control 251,350 $426. 299. 290
Employees of railroads under Federal control 17,360 26,364,234 Total 268,710 $452,663.524 The average salary or wage per employee per day of all employees, exclusive of general ad ministrative and selling force, was $5:33 as com pared with $4.10 in 1917. The gross earnings in 1918 reached the unprecedented sum of $1,744,312,163. (See STEEL; CORPORATIONS, His TORY OF; TRUSTS, etc). Consult Berglund, Abra ham, 'The United States Steel Corporation' (Vol. XXVII, No. 2, Columbia Univ. Press Publications, New York 1907); Cotter, Arundel, The Authentic History of the United States Steel Corporation' (New York 1916), unc tiously capitalistic in tone and replete with ful some adulation of the chief heads of the Steel Trust; United States Steel Corporation 'Statement of Wages' (n.d.) ; Wilhelm, Donald, 'The Story of Steel' (United States Steel Cor poration, Bureau of Safety, Sanitation and Wel fare, New York 1917) ° • Annual Reports of the United States Steel Corporation (Hoboken, N. J., annually, 1902—).