Washington, Jan, 22.
The United States Steel Corporation plans to spend $80,000,000, and possibly more, during the first nine months of 1938 in a huge programme of plant modernization, it was announced here to-day. The extent of the programme, it was said, will depend on business conditions, Mr, Benjamin F. Fairless, US. Steel executive who made the announcement, said he believed business conditions already were improving and predicted the modernization programme would be carried to completion,—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.