EXHIBIT S-328 U.S. STEEL CORPORATION, PRODUCTION AS PERCENT OF EXHIBIT S-329 TABLE I.-Railways controlled by steel companies, Dec. 31, 1948 33 41 Mileage operated: Includes 41 miles leased from Bethlehem Steel Co. Majority of capital stock owned by Bethlehm Steel Corp. Mileage owned: Includes 4 miles constructed on right-of-way leased from Bethlehem Steel Corp., which owns entire capital stock. Mileage owned: Represents mileage con structed on right-of-way leased from Bethlehem Steel Corp., which owns entire capital stock. Mileage owned: Includes 35 miles con structed on right-of-way leased from Bethlehem Steel Corp., which owns entire capital stock. Mileage owned: Includes 44 miles constructed on right-of-way leased from Bethlehem Steel Corp., which owns entire capital stock. Mileage owned: Includes 32 miles constructed on right-of-way leased from Bethlehem Steel Corp., which owns entire capital stock. Operating road, subsidiary: Controlled through ownership of entire capital stock. Line-haul companies: Cambria & Indiana R. R. Co. I 36 35 Cornwall R. R. Co....... II 13 46 Co. Majority of capital stock owned by Jones & Mileage operated: Includes 5 miles leased 38 Majority of capital stock owned by Jones & Laughlin Steel Corp. Ry. Co. Operating road, subsidiary: Controlled through ownership of entire capital stock Entire capital stock owned by St. Paul Irom Mining Co., which is owned by Republic Steel Corp. Stock held by voting trustees-trust maintained for beneficiaries Republic Steel Corp. and Witherbee Sherman Corp. 214 Operating road, subsidiary: Controlled through ownership of entire capital stock Subsidiary road: Leased to Pittsburgh, Shenango & Lake Erie R. R. (now part d Pittsburgh, Bessemer & Lake Erie R. R July 1, 1891, for 99 years. Annual rent 25 percent of gross earnings, which is guar anteed to cover interest on bonds. Included in lease of Pittsburgh, Bessemer & Lake Erie R. R. to Bessemer & Lake Erie R. R., which owns entire capital stock. TABLE I.-Railways controlled by steel companies, Dec. 31, 1948—Continued Remarks 574 8 Subsidiary road: Leased to Pennsylvania Operating road, subsidiary: Controlled Subsidiary road: Leased to Bessemer and Lake Erie R. R. Co., Jan. 31, 1901, from Apr. 1, 1901, for 999 years. Annual rent: 3 percent on common stock, 6 percent on preferred stock, and interest on bonds. Miles of road owned: 8 miles subleased to and operated by Union R. R. (Pennsylvania). Majority of capital stock owned by United States Steel Corp. Figures include 11 miles owned by Ten- Entire capital stock owned by United States Mileage operated: Includes 6 miles owned by Entire capital stock owned by United States Entire capital stock owned by United States Majority of capital stock owned by United Entire capital stock owned by United States Entire capital stock owned by United States Mileage operated: Includes 1 mile owned by 6 Majority of capital stock owned by Wheeling 63 18 17 4 7 6 41 1 For class I, II, and III line-haul roads and lessor companies, mileagere presents first main track and for switching and terminal companies represents miles of all tracks. Merged into Bessemer and Lake Erie R. R. Co., effective Oct. 31, 1949. |