RATE OF EARNINGS ON STOCKHOLDERS' EQUITY' BEFORE AND AFTER
FEDERAL INCOME TAXES

PRIMARY IRON AND STEEL INDUSTRIES

ANNUALLY, 1947-1951

1948

1949

1950

1951

Net income before Federal Income taxes

Net income after Federal income taxes

Dividends

Reinvested earnings

1950

Percent of Stockholders' Equity

Rates of earnings are computed on average stockholders' equity ("Reserves", "Capital stock, capital surplus", and "Earned surplus and surplus reserves).

2 The Industry Earnings Standard Lose is 85% of the earnings of the best three of the four years, 1946-49, Inc., which is 11.3 percent on the basis of this sories.

Partially estimated by Office of Price Stabilization.

Not available.

Source: Based upon data of the Federal Trade Commission and Securities and Exchange Commission, Quarterly Industrial Financial Report Series For All United States Manufacturing Corporations, and Office of Price Stabilization.

NET SALES AND NET VALUE OF PROPERTY PLANT AND EQUIPMENT
PRIMARY IRON AND STEEL INDUSTRIES

ANNUALLY, 1947 -1951

Billions of dollars

Source: Federal Trade Commission and Securities and Exchange Commission, Quarterly Industrial Financial Report Series For All United States Manufacturing Corporations, and Office of Price Stabilization.

Source: Second Quarter Reports: Federal Trade Commission and Securities and Exchange Commission, Quarterly Industrial Financial Report Series For All United States Manufacturing Corporations, and Office of Price Stabilization.

96315-52-pt. 4-24

Source: Second Quarter Reports: Federal Trade Commission and Securities and Exchange Commission, Quarterly Industrial Financial Report Series For All United States Manufacturing Corporations, and Office of Price Stabilization.

DISTRIBUTION OF TOTAL LIABILITIES-PRIMARY IRON AND STEEL INDUSTRIES
JUNE 30-1947 TO 1951

Billions of dollars

Includes "Bank loans payable within 1 year" and "other current liabilities."
2includes "Reserves," "Capital stock, capital surplus" and "Earned surplus and surplus reserves."
Note: Data is given for June 30 of each year.

Source: Second Quarter Reports: Federal Trade Commission and Securities and Exchange Commission, Quarterly Industrial Financial Report Series For All United States Manufacturing Corporations, Office of Price Stabilization.