TO stockholders at the annual mee ing last week. Board Chairman Roger M. Blough of U.S. Steel Corp. totted up all the expansion plans his company had either committed itself to or was considering. The total came to 1,000,000 tons annually for the next ten years, with a total capacity for U.S. Steel of nearly 50 million tons by 1966. The cost will be $5 billion, and to finance it; U.S. Steel must have higher prices. Said Big Steel's Blough: ''Our profits, at their present level, could neither support nor finance the...
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