Document 2J57qvzBvQj4ZkvYL0kEY15Jr
AHHUAL STATEKEHTS OF
THE KARTIH-SBHOUH COMPART August 31, 1939
COHSOLIDATED BALANCE SHEET THE UAKTIN-SEROUR CO. AND SUBSIDIARIES
As At August 31, 1939
THIS YEAR
US.T
ASSETS Cash on hand and In banks Cash In transit
96.347=87
96 =347=87 /
55o 14-5.42 278.84
Rotas receivable
Aooounts receivable
Trade Employees'
464.752=77 161.75
Less reserve Tor bad debts
I=025.16
Inter Cosqpany Ao counts
S<4T Co. Treasury Aooount
562=588.70
Allied Company aooounts reoelvable 2.,078=19
Inventories
Uerohandlso
521.178.70
Stationery and advertising
42=134.44.
Other Assets
Oalveaton real estate
5.000.00
Loans to employees
570.00
to oustonera
5.000=00
Mlsesllaneous aooounts resolvable
279 =$3
Hisoellaneous
560.40
Prepaid airline transportation
424=76
Plant Apreolated
7.486080 y/
y4630BS9,,36
438=147.4% 58^33
______22^*21-
64.666.89
35l.56l.23 ______ZlaM
/563.313.14
576.344.15
M,4353g
5.000.00 1=093.47
11o 834o 79
j592=416 =57
2.55 %24s7?
Defe rred oharges
355=80
55=424.26 2=963.48
437.813=76 352,432=67 640.780.05
6=520.81 608.023.91
691=50
LI AfilLITI !JS /Aooounts payable
/ .tooruad liabilities
Reserves Federal taxes
Capital Stook
Surpluss S-W Co0 apeolal plant Surplus prior Current year earnings
2.300.311.22
y56=294=55
25=318.08 /
/31.000.00 /1.650.000.00
2.104.650.44
37.859=32 15.113.03
3.000.00 1.650,000.00
222=371=99 1760306olO
537=698.59
222.371.99 159.256.47
398.678.09
0007-SWP-000129784
STATEMENT OF SDHPUJS ACCOUNT THE MARTI H-SENOUR CCHPANT
Tsar Ended Auguat 31. 1939
Surplus balaaoa August: 310 193s S-W Co. speolnl plant ^ior
less dividends paid
Add ourrent year earnings
Surplus balanoe August 31. 1939
I
THIS YEAR
1AST :
222.371.99 176.306.10
398.678.09 -
222.371.99 339^^7
461.628.46 80.000.00
139o020.30
381.628.46 17049.63
S97.698.39
3286.7SiM
0007-SWP-000129785
CONSOLXDATBD COMPARATIVE TRADING A PROFIT AND LOSS STATEMENT THE MARTIN--SOTOCJR CCMPANT
Tur Bided Angutt 31, 1939
Gross Seles Lassa Returns, ovarehargsa, fnlgM and functional silo--unoaa
Nt Salas
Coat of salas Percentage to net sales
Gross Trading Profit Pa roantags to net salas
Blllnit BxptBe Offloe A ihninnM aarvioa Chleagp Direct Traveling axpan sa Traveling aarvioa Advertising used General expense Col lestIon A Allosanoes Stationery used Stamps ueed Cartage Mdse, oash discount Pay roll taoc Suspense -- bad debts Interest -- past due Transpa rtation Administration
Total Percentage to net sales
Operating Profit - Loss Faroantage to nat sales
Other InoonaRailroad claims Rant roosivod Interest earned Cash discount earned Sundries
Other Deductions Gal-reston property expense Pensions Sundries
Net Profit from operations Loss and Gain adjustments
Nat aamlnge before Income tax Percentage to nat eales
Inoomo tax provision
Net addition to surplus
THIS TSAR
3,097,226.03
-^,^17.84
2,763,608.19
1,844,938.31 66.76%
918,669.88
- 33.24%
LAST YEAR
2,946,077.98
.287 242.11
2,68,83?TM87
1,869.134,55
_______
789,701.32 29.71%
88,006.35 56.400.00 108,593.66
144,694.42
129,811.37 75,881.82
20,248.25 7.351.84 5.989.49 5.704.49
45,500.66
11.199.40
2,313.07 397.54
27.633*42 30.932.68
7590863.38 g-T-tdZ*
158,806.50
5-75%
91.369.88
50,227.75 104,878.96 149.977.60
129.734.91 75,748.89 20,531.36 7.717.09 6,524.39 5.977.10 42,466.53 10,693=69 2,802.31 536-22
25,541.26 36.900.65
760.556.95 28.61%
. %29,144.37 1 10
154.66
420.00 63.87
9,351.32 ______g?-=S?-
10,. T5B7
.14 54
801.44 420.00
82.37 10,255.77
-1,437-^0
12, .<8
42.1417J?
115.99 2,762.76
368.70
3,247,45
165c 638o 19 _ 4,382.31
.170,020.50 6.15% 31 000.00
lgJgOgO^gD
556.74 3.212.76 1.631.40
5.400.93
36,740.95 16,691.32
20.049.63
.75%
3.000.00
17.049.63
0007-SWP-000129786
COMPARATIVE TRADIWQ * PROFIT AMD LOSS STATEMEHT THE MARTII-SEBCraB COMPART CERTRAL DISTRICT TEAR ERDBD AUGUST 31o 1939
Gross Sales Lam Rtni*i o t o rohurgoao fraight and fumotionel alloaranoss
Vat Sslas
Cost of Salaa Parsantaga to net aalaa
Gross Trading Profit Psroontaigo to nat aalaa
Sailing Expanse a Offloo tt Darahottaa sorvloo Chipage Dlroot Braiallag azponaa Tranllng ssrvlos Adfartlalnc uood Oonorol expense Colleotlon * Alimas lino Stationery nsod Stamps used Cartaga lidsoa oaah disoount Pay roll taut Suspense - bad debts Intsroat paat due Trausportat ion Administration
Total Peroentage to nst sales
Operating profit - loss Peroantage to nst sales
Other Tnnnao Intarsat earned Cash disoount earned Railroad olaiaa Sundries
Other Deduetions Ponelone Sundries
Bet Profit froa Oparatlons Peroantage to net sales
Loss A Gain adjustaents
Ret earnings before Inoono ta Peroentage to net sales
THIS TSAR
10027,510.94
_____57.065.77
970,445.1?
635.772.12 65,51*
334.673.05 34.49*
42.505.23 23.246.69 32.837.94 49.739.67 51.202.93 28.773.32
9.747.39 3.189.50
2.010.34 1.948.41 17.136.89 4,995.28 1.303.85
148.66 1,424.08
279.880.71 SfisfiA*
54.792.34 5.65*
63.87
9.351.32 196.73
_____45 eS*
9.657.88
I.88I.96 256.77
-S.U.g.73
62.311.49 6.42*
U*997$
63.420.27
.........
USX TCAH
1.124.290.72
_____6l253a72
1,063.040.00
748,931.64
79.45*
314.108.36 29.55*
46.239.81 20.550.00 37 .120.50
58.567.19 63.748.09 30.800.82
7.494.63 3.651.43 2,068.94 2,561.80
17.005.79 4.882.15 421.01
248.31 1.387.97 ..JL3.?55a44
309,607.26 2?a 13*
4,501.10 .42*
82.37 10.255.77
6.38
.968.53
1 881.96 j..021.11
11.313.05
. 2.99X.g2
. *12.911.08 1 21 8.033.58 4.877.50 46*
0007-SWP-000129787
COMPARATIVE TRA.DIHO A PROPIT AKD 1033 STATEMENT THE MARTIK-3EHOUR COMPART Ea s t e r n DisTRior TEAR ENDED ADOU'T 310 1939
Gross Sat 1*S Least Returns, svarobargos, fro lglit end functional I lowinns
Net dale*
JET* *5*3 535=333.42 -28.ilL3.i4ig 506,920.00
lost of Seles Ponoatago to net seles
323,864.41 1 63,99;f
Dross Trading Profit Ferosntags to net sales
183,055.59 36 .ixr
3siling expenses Offloe A Warehouse aorrloo Chisago Direst Travellug Expense Traveling servloe Advertising used General expense Collection A Allowanoes Stationery used Stamps used Cartage Mdse. Cash dlssount Pay roll tax Suspense bad debts Interest -- past due Transportation admin1stration
l'Otu 1 Pareantage to net aales
Operating profit - loss Feroentage to net sales
,17.139.07
12 800.00
17.451.05 26 .449.34 23.500.00
18.350.05 2.348.76 1.048.10 1.299.50 1.167.59
7,504.52 2.287.18
1.175.77 I8I.7S
13.552.13
152,413.91 ________a2*QZ<
30,644.68 6 .04*
Other lnonaa Railroad oleins Sundries
30,641.68
Other deduotlons Railroad claims Pensions Sundries
Ret Profit - loss from operations Peroentage to net sales
12.69 B80.BO
32.32
925.42
. *29.715.86 5 86
Lo b s A gain adjustments
717.45
Sat earnings - losses before lnooam tex Peroentage to net sales
30.433.31
18.o63.96 12.562.50 18,371.78 28,678,72 25.537.18 19,933.63
3.152.85 1.154.85
.1.497.81
1.004.17 7 162.80 2,238.44
161.26 113.33 13.330.90 9.595.31
613.09
1,330.60 _____52*42
547,869^67 .aa.986nu 518,883.56 358,327.82 _____ 6.9,06* 160,555.74
30.94*
162.552.83 2LsI2<
1.997.09 j8*
__ 833.99
1,184.00
.1x381^2 2,565.20 .49*
Aa4R2.44
3.974A4
0007-SWP-000129788
COMPARATIVE TfUDXHO ft PROFIT AHD DOoS STATEMENT THB MARTI*-JEMOUR CCUPAMT VESTS)* DISTRICT YEa R EMBED A0GU3T 31. 3939
Srou aalea Uui latonvs. onrahargat ,, fralfht and fuootlODtl allsaasaai
Mat nlat
Cost Of Hill
Faroantaga -to oat aalaa
Oroaa Trading Profit Peroentago to not aalaa
Sol Hag Exponaoo Offloo ft ftp I ! mu an sarrloo Chloigo dlroot Traveling axpanaa Traveling oorrloo xdvartlalng uoed Oeoorol npwn Collootlon. ft Allooaaoeo Stationery uaod staftpa aaod Cortago lldio. oaah dlooonat Pay roll to* Suapeoae - bad dotita Internet -- peat doe Zranaportat ton Adalalatratlaa
Total Poroontago to not aalaa
Operating profit - loaa Poroontago to not aalaa
Otter Iaoaoe Sant rooolved Sundrloa
Other Dodnotlona Oalvaaton property exponm Railroad olalna Sundrloa
Met Profit from operations Poroontago to not aalaa
2jaaa A Oaln adjustments
Set oarnlnga Oafora lnoano tox Poroontago to not aalaa
m? is&a
447.841.19 41.326.90
406.512.29
260.27B.29 ------------&4a&3?
146.234.00 35-97*
401,367.76
...23<?`&a95
365,741.93
252,935.70 69.16*
112,806.23 30.84*
12.B48.24
7.240*61 16*694.35 17.077.46 16.1*6.37
9*307.58 2.257.50
1.117.32 787.79 153.10
6.115.96
1,294.63 199.65 17.74
7.301.75 3.760.21
102,904.88 ________25*31?
43.329.12 10.66*
12,502.2? 5,725.00
13*695.28 IS MS.37 14*513.46
10,243>03 1,649.60 1,277.23
950.79 158.05 5*652.37 1,138.65 266.01
99.72 6 }01966 4.604.03
93.850.30 *5-66*
18.955.93 5-18*
420.00 ______g-3.9i
----------442x22
4*0.00
_____454aZ
-974.6?
115.99 19.73
4.L
139.06 43.634.05
10.73*
45*401.20
556.74
708.45
19,122.15 5-23*
*63.50
16,658.65
S.VXf
0007-SWP-000129789
COMPARATIVE TRADIHO ft PROFIT AID LOSS STATEMENT THE MARTXE-3SM0DR COMPAPT PACIFIC COAST DISTRICT TEAR ENDED AJJOC3T 310 1939
Crosa aalaa Uiai Baton*, oiarohwji**, (Night and lunation*! alloaunoa*
at aalaa
Coat of aalaa Fa to ast aalaa
Oroaa Tradlnft Profit Paraantaga to aat aalaa
Sailing arrioa a Cfciaago Dlraet Traaallng aocpaaaa Traveling aarrlaa Adaartlalng aaad Oaaaral axponao
Collaatlan ft A1 Ioanna*a
Stationary aaad oaad
dliaaost Pay rail tax Snapaaa* - bad dabta Intaraat - paat doa Tranaportatlon ddnlalatratiaa Total Paraantaga to not aalaa
Oporat&ag profit -- loaa Paraantaga to aat aalaa
Otfaar la*no* allxoad olataa Soadrlao
Otbar dadoatlona Snadrlaa
Ot profit - loaa froa oparatlona Poroaataga to aat aalaa
loaa ft gala adjoataaata
at aamlago - laaaoa bafora 1d o ana Paroantag* to not aalaa
-BU2--2262 215,0730*8 ?1iTft*Tn91 190,533.05 123.475.54
67.057.51 35.19*
LAST TEAR
227.447.15 26-85-7-29
200*589.86
136.280.39
________SZatt*
64*301.47
32.06E
T5TO-38 5.400.00
11*3*1*53 15*532.84
8*115.18
6,060.67 2.075*82
905.57 658.0*
857*90
3*620a04
609*27
366.20 36.02
5*302.20 .AfrrtaSi
71*583*54 _______aZaZ*
4.536.03 a^K
7*281.29 5*400.00 10*650.19
15*107.17 8.243-62
6*624*50 3.855.12
B27.19
805.72 786*41
3.557*59 861.04
1.947*57 53.10
4*617*53 2.318.18
72.350.02 ..........-36*ag
7.948*55 3.96*
1**34
-12*34
39.97
J&OL
-Z&a*L
4*582.95 2.4336
-5Bfia2&
4.074.66
8*302.06 4-14*
__ IZZatt
8.779-35
0007-SWP-000129790
COHRIBUm TOADIED * PROFIT AMD LOSS STATSHEMT THE MAKTXH-^KMOTJR COMPART
AUTOMOTIVE DXVXSXOB TEAR ENDED AUGUST 31. 1939
Qroae Sals* Uu i latanui a**rtairgMt fnl(ht ut fuBatloul AIo mmmi
Met nlM
Coat of Miaa Parontag* to not salao
Oroa tnUag profit Percentage to net sales
Selling Expenses Offloe * Vanliouae eervloe Cbleage Direst Traveling expense Traveling servloe Advertising used Oenersl expense CollootIon g Allneauiies Stationery used Stamps need Cartage Mdse, oeah dlaoount Pay roll tax Interest past doe Transportation Administration
Total Feroentags to net sales
Operating profit loss Peroentage to net sales
Other Deductions Railroad oleins Sundries
Met profit from operations Peroentage to net sales
Loss A Gain adjustments
Net earnings before lnoone tax Peroentage to net sales
XDUStt 645.326.57
1T2.681.S6
472^645.21
313.440.01 -- 159.205.20
33.681C
6.203.43 7.400.00
28.358.54 26.861.43 29.954.72 11.568.55
3.107.81
935.44 1.206,50
185.19 8.277.18
1,434.11
13.32 53-26 JuWsflft
130.341.72 SZsSBC
28,863 .48 6 a IOC
6,208,55 3.600.00
23,729.74 23,217,34 17,386.46
6.831.85 2.666.48
633.86
1,140.00 298.20
6,707.40 1,262.23
35,30 170.68 5.892.30
402.164.38 KErtkS.W 354*118.49 241.489.73
.________3h2flC
112 628.76 31.80*
99.649.19 ______SSslJ* 12.979.57
3.66J9
9.65
28.853*83
6.IOC
SBffa&l
29.134.47
54.99
______S&42
12.924.58 3.65C
6,983.36
0007-SWP-000129791
CCtiPARATlVK IUD1IG & PROFIT AMD LOSS STATEMENT RE UUIMBOQI OQMPAKX RAlUTAT AMD IMODSTRIAL TEAR ENDED ATJOTJ3T 31,, 1?3?
Sro Bi Im Uui Roturna. onniiargM. fralgbt tad Inaotloul tUoauati
Mot Solo*
Coat of Stitt Pantattc* to not sale*
arot* Indlac Front Foroentage to not soloo
lliag Expanoee Offloo 0 Varohaaao oorrloo Oilatgt Diroot IreTCllng expanee Traveling eerwioo Advartliiag need Oonoral exponee Collootlon * Allooanooe Stationary ueed Stenpo need Cartage MSto. aaah. dlaoaunt Fay roll tax Tranaportatlan Adnlnl atratIon
Total Ptrttattgt to not ttlti
OportUng Profit - loos PtrtoaUgt to not ttltt
Hot Front - tott froa Opsntlont Poroontago to not talot
Loao * Qtla tdjattnati
Met ttlBlagt - looooo before Inooao tax Poroontago to net aalae
'dtfiffn t inlA%
65.096.67
i.6d4.oB
&3oQSOm&9
46.284.39 _____-Z2a4g
xS.768.ao a6.59*
600.00 312.50 1,060.35 9.033.66 192.27 706.37 53003
07.35 15.22 275,50 654.53 205.33
15 >504.80
.----------gfctZg* 1 181.40 , 1.87* 1 181.40 1.07*
1,101.40
tJilT OCAO 6l.472.BS
57.-53-76 41.612.50
15,641.26 27.32JC
1>690.75
1.311.47 9.143.31
306.10 560.47 1,310.40
134.94 19.05
260.51 507.26
231.11 15.30
15.715.47 ----------ZUS*
74.21 .13*
74.21 13*
033.93 208.14
0007-SWP-000129792
coMRuuixrvB THAom * ranrxr a md l o s s s t a x b h s b * TBS MftBfXB^RBOOB OOKBUir
8SCZAL 1ABSL ft BID FOOL CTVX8XQV TKJLR BBXBD AXWQ81 31, 1939
Orsn hl>
Laaaa Munn , ranhupit fnlgkt and fttatlml tlloMsat*
at flalaa
Cart or Bala* IWnwUgt to art mIm
<*io m Trading Profit IWroaitigi ta art Min
CTHaago Dlnot Tronllog ipw>n Traveling nrrlw
Mrrln
d mn 1 npanu ColUMln * lUonan*
ttnUcMiy and tart n 4
Oartai* Ww. mb tl anouirt
Art roll tax Ifaipron - bad Mbta lataroat - part do* Trauaaportatloa
IbrtBlalntln Total
Parawtaga to art aalaa
Oparatlag ftnoflt -- Loaa Parowtag* to art aalaa
Othar Hatnt'laoa Ball read elalna
Bat Profit from Opaimtlaaa Boroontogo to not aalaa
Loea 1 Gala ddjnalnonta
am ism
159.443.26
.. Sa?^t3g
153.501.88
141.003.55
S3s2&
11.678.39 7-613*
LAST TSAR
101,463.40
-
99.208.27
89.548.77 90**6%
9.659.50 9-74J*
1,140.00
1.074.00
79.90 1.115*28
172.64 68.56
12.10 1.116.72
2.191.54 93*60
747-19 994.28
38.39 21.28
907.96
1.873.32 80.07
1.163.48
7 -^2.
1.1W.M
4,524.51
2.955*
4.524.51 2.959*
6.931.88 _______SaH*
2,7*7*62 2.759*
______2421
2.724.61 2.759*
23*-36
Bat aanlaga - loaaaa twfbra laaaaa tax Itroantaga to not aalaa
4.524.51
2.492.25
i,?tosiis!a0ss!toaawasMiTM
0007-SWP-000129793
8T1TXUSVT 07 LOBS AMD OAXM JUMimSSBITS
t bc luans-snooB c c mmh t TSAB onn ATOWBT 31. 1939
Control 01 triot
ndeagg OoaaTqr
M pnflt fra uX of Mjiltil MMt* illoMw* to Houoon fiUi* A Mat Co* on
bom point sold during Aaa,Ailyllag. ,1938
Broahoa sold 'bolow oait forth Control
Sot profit fna nl of oapltol ooooto flood* rota rood by 8<JL.Ttsga.. Boat Bond. Mima*
thio woo provlonoly almrytd to Loo* 1 Goln Braoboo oold bolow ooot Booth Control Bet looa tram **1* of oapltol oaooto Bruaboo oold boloo ooot
Bootoro Plotrlot Wot profit flow th* oolo of ooplto.1 oooofeo Horobondloo oold bolew ooot
ootoro Plotrlot loff^t for M*iio>atlM pold to B.8. Month* art Dbifeota'a Conpon potion LloM.llty for aooldont pwolaao poor orb profit fran oolo of onpifeol ooooto
Pnolflo Coo.ot at profit tram oolo of oapltol o*o*to
Wt profit from oolo of aopltol ooooto
Hwowpi tttUtlon at profit tram, oolo or aopltol ooooto Bofond far oonponoatlon pold to B.B* Month* mdor Bbrlaoon'o Conponootlon Liability fbr ooaldont prowl*00 yoor Ooodo rotnmod bp B.l. Tug*. Moot Bond, TOoo. Alio--t u io to Houoon Olooo * Bolnt Co. on boro point oold daring Jana, July and Augaot.1938 VoroHondlo* oold bo low ooot
.1 066.56
65.35 123*15
401.06
16*00 112.30
44.46
_____ 2Lv8
0T8.O6
307.16 76*44
732.16 14.71
1.205*00 --gSgflS
280,64
1.108.78 717.45
1,767.15 508.29
*33*13*
3.506.80
1.205.00 18.00
65.35 282*14
0007-SWP-000129794