United States Steel Corporation
United States Steel Corporation
United States Steel Corporation
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no one of them holds of record as much as two-tenths of one per cent of<br />
either the preferred or common stock. Excluding shares of common stock held<br />
in the Savings Fund Plan Trust, reported on page 17, the largest holding of both<br />
preferred and common stock among other than individual holders is less than<br />
one and one-half per cent of both classes of shares, these shares in turn being<br />
beneficially owned by many individuals as is the case generally with stock<br />
registered in the names of brokers, nominees, trustees and estates. A statement<br />
of the number of stockholders and number of shares as of December 31, 1960,<br />
is shown on the preceding page.<br />
PUBLIC ACCEPTANCE<br />
During 1960 <strong>United</strong> <strong>States</strong> <strong>Steel</strong> embarked on one of the most significant programs<br />
ever undertaken by a major industrial enterprise. Called Watching<br />
America Grow, it was designed to recognize the real achievements and true<br />
economic strength of America.<br />
With interesting facts about people and business, assembled by Lowell<br />
Thomas from many available sources and then reported by him in newspapers,<br />
magazines and on television, U. S. <strong>Steel</strong> was able to reach upwards of 80 million<br />
people with the news of America on the move. Other companies and other<br />
industries, each in their own way, joined in generating similar programs.<br />
As in former years, U. S. <strong>Steel</strong> also actively sought to gain a broader public<br />
understanding of its policies, actions, problems and products. Various officials<br />
delivered major talks on pertinent subjects in different parts of the country,<br />
and in Canada, as well.<br />
One of the year's most widely acclaimed television presentations, sponsored<br />
by U. S. <strong>Steel</strong> during the holiday season, was the half-hour Project 20<br />
program in color, The Coming of Christ. Throughout the year on the CBS network,<br />
The <strong>United</strong> <strong>States</strong> <strong>Steel</strong> Hour continued to bring fine dramatic entertainment<br />
into the homes of millions of viewers.<br />
American schools, colleges and civic organizations benefited from a grant<br />
by U. S. <strong>Steel</strong> Foundation, Inc., that made possible the nation-wide distribution<br />
of a spectacular new film series, Horizons of Science, designed to interest<br />
students in scientific careers. Sixty-six sets of ten different films, which are in<br />
color and will be seen in the next several years by more than 17 million youngsters<br />
and adults, were placed in major audio-visual centers and a number of<br />
key metropolitan areas.<br />
Turning to modern algebra after last year's successful courses in atomic age<br />
physics and modern chemistry, Continental Classroom expanded its coverage<br />
to 170 stations for daily telecasts to a combined audience in excess of 500,000.<br />
U. S. <strong>Steel</strong> is among the sponsors of this increasingly popular program.<br />
U. S. <strong>Steel</strong> also published two new teaching aids. One of these was a booklet<br />
containing ten unusual laboratory experiments directly related to the chemistry<br />
and physics of steel and the other a flow chart showing how coal chemicals<br />
are made. In addition to the large number of requests received for these two<br />
new aids, almost 25,000 requests for other teaching aids and related materials<br />
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