Document 44y66yQe7BO6mVa07gmZ8YBe

INTERNATIONAL SMELTING AND REFINING COMPANY ZINC OXIDE DEPARTMENT EAST CHICAGO, INDIANA ANNUAL REPORT YEAR 1939 *** PNYC 00012359 INTZRKATIOKAL SMEITIKQ ASP HSiTSIHO COMPANY BAST CHIflAQO, IHDIAKA SUMMARY 0? ZINC OXXng DEPARTMEUT OPSPAH OKS TBAH 1969 OPERATIONS! Two >affl* fumaoes i^ntd ths first 8 Maths of ths year, sad 5 furnaces operated ths last 4 Maths. These fuuiis treated a total of 8,084.4 toas of material, and burned aa artrace of T1.4 plloas of fssl oil per tea. Metal losses on this sssoadarr opsratlsa sas 1.41*. Ths average working east ms $14.10 per tea, sis lasIt s of major repairs, dspreslatloa sad peeking. The 84 rstort Trench foraaso operated the eatlre year, aad treated a total of 7,500.8 teas of notarial, 78.0 gallons of fool oil per too vs re turned, and the furnace operated with an average set el less of .3711. The average miking cost sas $14.70 per toa, exelusivs of aajor repairs, depreciation, aad packing costs. The 4 aad 18 door Anerlsaa block units operated intermittently throughout the year at an average working cost of $80.81 per tea, ezolusive of aajor repairs, depreciation, and peeking costs. These furnaces treated a total of 4,888.4 toas of slac-hearlag material, with an average Mtal loss of 15.81*. LABOR! The cosmos labor rats ms 40? per hour for the entire fear, and an average of 144 men were employed 37.9 hours per week for the year. The average monthIf sage me $132.59. The Akron plant employed 8 sen an average of 30 hours per week on a hut-dom basic, as mil as aarrylng out curtain dlmaatlsMat work. An are rage of 50 salary employees were on ths salary roll for tbs year, which iaoludsd foreman and Salts Department employees. APPROPRIATIONS | A total of $40,184.48 mi spent on appropriations during the year, as shown on Fags 15. Ths major portion of this eaount was spent for moving four bays of Akron beghouss te last Chisago, and ths re-creation of the Akron warehouse at fast Chisago. Emphasis on Inventories aade the mrshouse indispensable, and required en appropriation for akids and bins to feollitat# handling of raw and finished material*. PNYC 00012360 Sheet #8 - SuBrr of Zina Oxide Department Operations - Year 1939 0H5SATXS0 COSTS: The sorting coat for the entire plant nee $82.85, exclusive of repalre and depreslatlon. A total of 42,113,286 pounds of sine oxide was shipped In addition to the various by-produots produeed froa our secondary aaterials. The average working eost was lower than la 1938, due to the greater tonnage produeed and shipped. ZD10 MATERIALS PPRCHASKDl The average eost of sine aaterials puruhased lnereased to 4.728# per pound sine, due to the rising sine market, which ranged froa 4.3# per pound (St. Louis) to 6.5# per pound late In the year. Purchases of electrolytic sine resained constant at 7,500 tons, while the purehase of secondary aaterials lnereased 3,000 tone to a total of 8,147 tons for the year. More detailed eoste, profit, and sales figures are shown In the attached sheets. lb 8/6/40 eo; Hr.C.K.Kelley Mr.R.S.Dwyer Mr.r.Laist / PNYC 00012361 TRBATUStnVFHODDO TI Otf-SHTFMKHTS M 19 3 8 TOTAL ZDTC MATERIAL CHARggD Zina Clip* Electrolytic Zina Raaalt Zina Scrap Zina OelYanixar' Zina Drois Dla Gnat Slab* Ola Oaot Scrap Candanaad Uatal Great Tall* Dros* Oalana Ora Other Total TOTAL MATERIAL BSUHSD Subllnad Whit* Load Other Total EAST CHI CAPO FIAHT METALLIC ZHW POTTOS ISAS POTTOS 55,SOT U,438,0-45 ^ 1,983,780 794,678 3,SSI,316 3,668,830 8,983,931 1,564,834 6,413,8TT 533, Of4 34,771,848 863,896 iis.Ztf 65,669 65,659 1,044,300 ____________ 1,044,300 On Band Daoanbar Slat, 1939 Orasa Pound* 8,198,550 SHIBtCTTS Merchantable Oxlda Rafuaa Oxlda laad Tin Alloy Traatad Zina Reeldue Muffle Droa* Iron Droaa On Hand January let, 1939 48,113,886 345,849 49,569 869,958 4,576,511 109,100 47,4*3,867 49,656,137 3,567,381 46,068,75* Zina Oxlda for Trad* Rafuaa Oxlda Load Tin Alloy Traatad Zina fiaaldna llnffla Droaa Iron Droaa 40,738,395 345,849 49,569 869,938 4,576,311 109,100 46,098,756 PNYC 00012362 OOTCag OT US** MATSBIAL IUa 19 8 9 SAST CHICAGO PLUTT yHSHCH PROCESS Tmi Cfcargad ai Zina Raaorarad As Zina liarohantabla Oxlda Off Orada Oxlda Hstal Lot* mu f t is t u b k a c b Ton* Chargad as Ziao terns T.ST8.B t 100.00 6,244.4 1.107.1 87.0 7,878.8 UM S4.CS 18.00 .87 100.00 4,996.1 100.00 BaooTsrsd As Zlaa Marehantabls Oxlda Off Orads Oxlda Zina Ha sidas for Raritan Othsr Bssldua and Condsnssd Hstal Zina Dross Hstal Loss 8.223.2 208.9 17.4 443.8 1.007.3 98.8 6,996.1 74.66 2. 4. 14. 1. 100. AMgBIO&H PB0CTS8 Tons Chaxgad as 71 na 3,823.8 100.00 Baoorarad as zlno Marehantabls Oxlda Hstal loss 3,219.4 604.4 3,823.8 84.19 18.81 100.00 8 | SS8 S PNYC 00012363 WOKKUTO 0 0 8 T HSR TOW MATSR IA L ilSri iiCok* Oi r^* e- lIi 83 aa a' si a a N H to r.*w0^^okO*ko^rtf-^ iiltaSOyS* tNoSDSi NrJSQcpl .v...n...i.O. . t._t a .* a Si ig^iii ssissaass 53 to s 4* tO oto r> OH too U> s 2 s 1S I 5 * 3 Rw 8(8tH8^sOl3Qs0Siig8!sPs^Jt g ^V* y ^ g ^ J2 n w g hhhhhhhhhhhh aa!i a>t*totorv)ciftt4t*'#a> mtssmm 8 o II *oNoyy$oNa (H'tefnrioHooQnyho5fn* g I n ii si o<*ttaceeeQoo*r-t <0 i 3 1 to as & *3 Sllli-Hm SSlIlltffsIiS Iu I ;* H as PNYC 00012364 ID 88 83 $ 38S*|8 8t 8j HI o <p 04 o 88 e- o f CQ 9* 9 o 88 P* flO 0?(OD 04 38 is r-4 O H ?9 PIQ IQ 02 CO C iiii 01 eto ID V V * HO 5*- HI OI H 3 to O* ID * 32338 *i 8I M 0IH9 sis on 8V*S 4 9n 0o 9co sJ3 V ID 33 8SS D * 9 O <f K CO #(&> 04 HD HH 10 ' o N OfltOM HORN sVnh3jb SSSo S33S C llO fiMt 333S ""-'33 H 8; i s: Mt ?: i oI iM-4 II ra m v it h o i sad xsoo o h u h o u 88238888*33333 8 3 a 8: t^9l0 9HH d liID VO IQ 'a J ** <> I a 8aas88sssass 8 *8 S33E8gm33I33$ 888 0N* 40 lO H 3 "833"5 (4 to I 3! HV> IRI S' mill V> 40 <Q *<--N o o 2 S DEPARTMENTAL OPSRATIHQ COST PER POPUP OXIDE TEAR 19 3 9 EAST QBJOxQO PLANT January Tabruary Kirch April Hay Jana July Augaat Saptaabar Octobar Soraaber Daoaabar ENTIRE PLrtNT 1.186 1.387 1.092 1.129 1.149 1.124 1.134 .964 1.207 1.2S2 1.061 1.192 TOEHACINO AND OOLIZCTINO .678 .822 .660 .710 .781 .721 .686 .629 .684 .682 .818 738 BU3EOO .272 .281 .272 .262 .270 .278 .263 .282 .301 .266 .280 .301 mo t t l e 1.078 .996 .933 1.142 .926 1.082 1.018 .828 1.028 1.318 .696 .993 AMERICAN PROCESS TOTAL OPSR. ms z in c COST OH TOTAL PROD. 1.490 1.984 1.118 1.144 1.121 1.132 1.388 1.073 1.673 1.207 1.162 1.551 8.080 4.958 4.747 4.895 4.873 4.883 4.883 4.921 4.661 5.311 5.396 6.876 ATeraga 1.148 .710 .271 .968 1.270 5.127 Dapraoiatioa Major Rapairs .098 .020 1.260 -- .710 i .... .271 .063 1.031 i 1.270 ptfYC 000A2366 January Tabraary Xaroh April Hay Jana my Augaat Saptaabar Ootobar Kartabar Daeaabar Total A-rrasa Coat COST or ZIHO KATSBIAL HKCBASSD TEAS 19 3 9 -EAST CHICAGO PLAHT ELSCTBOirnC Pouada Oroas 22 SC Coat Far Lb. Zina SSCOHDAHT ZINC coat Par Panada Lb. Ora es Zina TOTAL Caat Par Lb. Zina 1,603,3*7 2,388,386 1,211,676 1,202,988 1,200,048 1,200,064 2,208,987 1,187,278 1,606,601 1,368,228 333,041 334.066 4.839 4.827 4.582 4.543 4.541 4.541 4.523 4.714 8.678 6.801 6.647 6.142 881,183 701,498 748,767 1,383,614 1,253,588 1,068,286 1,840,997 1,971,37* 1,434,173 1,920,736 2,077,898 1.608,561 4.086 3.961 3.894 3.923 3.864 4.087 3.799 3.947 4.920 8.436 5.3% 3.408 4.431 4.410 4.822 4.241 4.227 4.344 4.248 4.254 5.347 5.918 5.841 5.549 15,811,628 16,294,300 aaavaaaaaa 4.913 4.520 4.728 PNYC 00012367 IOTROOTCTICK SA3T CHICAGO ASS ASTON rlASTS TuATv 1339 Total Profit after Depreciation Production In Tone All (trades Zina Oxide Capital Expenditures In 1959 tar Extensions and Betterments Total Sales Zlne Oxide la Tens Amount of Total Gross Sales Hat Baton on Average 1959 Isvestaant Cinralatlve Return on Investment Sines 1921 $ 124,445.02 80,549.2 $ 40,184.48 21,165.8 $2,642,944.69 n.ia 45.3 PNYC 00012368 raioss RATES TO Ta KLOPS XKDDSTRraS SIHCB 1929 TRAP PAINT HUBBUB 1989 # 2,800,149.79 t 1,332,329.68 1980 1,716,892.18 1,428,992.54 1981 1,464,813.92 1,847,972.10 1988 1,016,681.70 1,051,806.95 1988 1,354,164.62 1,903,684.04 1984 1,010,089.78 1,409,011.79 1988 969,661.85 1,538,170.01 1986 1,168,468.10 1,828,856.94 1987 820,826.41 1,108,771.20 1988 498,698.88 994,044.44 1939 719,912.88 1,474,181.42 UISCSIIABSOQS TOTAL * 868,288.64 | 3,998,768.06 809,524.09 8,449,906.76 866,409.89 3,179,195.41 2**,962.15. 2,367,920.80 464,662.98 8,722,461.59 371,109.62 2,790,211.16 478,887.92 2,986,719.48 606,773.43 3,098,898.47 398,643.42 2,828,241.08 823,805.87 1,818,046.19 448,850.44 2,642,944.49 PNYC 00012369 EAST OEIQAOO AND AKRON PLANTS BUSINESS STATEMENT TSAR 1989_______________ PERIOD 1888 CAPITAL * ih t bs t o k n t 3 80,(31.61 PR07IT LOSS | 8,334.38 NET % RETURN ' -? "5 1883 888,499.04 18,1(8.18 1IU 883,706.07 | 368,983.86 69,31 1988 648,894.64 101,308.94 18.74 1988 1987 668,684,13 703,749.09 41,188.9* 66,891.84 10.' 7 8.88 198* 769,786.09 436,968.78 86.76 1989 886,180,09 64,140.9* 7,78 1930 88,868.18 803,976.46 60.11 1931 904,846.69 910,876.6* 100.70 1988 919,816.40 638,069.60 69.48 1983 981,613.18 460,180.04 49,98 1984 934,806.13 843,986.90 86,10 1988 968,846.00 840,180.61 1934 1,010,189.84 481,188.09 198? 1,046,488.18 881,867.34 198* 1,078,798.48 6,674.86 1989 1.US.978.96 184.446.08 6 8.750,120.14 Total XoYootBoat and RotttJS to Data 11,112,978,96 4,1,172.80 | 1,398,088.36 | 8,730,180.14 RETURN OB DTOSBUMTS BT PLANTS 84,80 '6 Til. 04 6 i u.ia 848.3 Boot OMstfO iUcroa Total Inraataant | (03, 418.*? 809. 868.09 #1,U8,97*.96 Profit # 1,137,863.77 1.898.836.37 | 8,730,180.14 188.8 318.8 848,8 . * Ho aUowaaeoa nil for daproolatlon hare*a of #1.68 par too of aarahantatla arid# aol4* PNYC 00012370 12 COMBINED - EAST CHICAQO AND AKRON PLANTS INCCMS AND FR07IT AND LOSS 1959 T USB____________________ tfflOSS SALS3 Sa*t Chicago Akron TOTAL Least freight, ate. Bat Sale a COST OT Q00D3 SOLD Scat Chieage Akron TOTAL dross Kargin SELLING EXPENSE Beat Chicago Akron TOTAL TEAS ENDINO DBCSHBgR Slat I?89 1958 DITmENCE 4 ,(8,562.87 0.581.88 8,648,944.(4 164.599.59 * 1,667,455.84 145.610.55 1,815,046.19 188,408.18 955,187.05 i"V "-.53 BE*.898.50 41.991.81 4 8,478,545.50 1,6*0,658.01 * IMI 787,907.89 * 8,148,547.14 14.109.00 * 8,1(8,454.14 516,089.16 4 1,418,071.99 118.7(4.98 1,546,856.41 I * 750,875.15 lD4,C5r.S:.- 683,619.85 155,801.10 168,888.06 U7.371.70 765.97 4 U8,137(f 90,664.19 9.794.84 * 100,458.43 86,707.51 ' .0 >. 7 17,679.84 Oroaa Profit from Salea Other Incase Shut Don Kxpenae - Akron TOTAL * INCOME CHABQSS Cash Dlaeounta on Sale* Bad Dahta (Eaaarrad Tor) Agenoy Stock Expense General Ezpanaa (Sailing) Credit'and Collaatlan Ezpanaa TOTAL NET PROFIT * 197,951.49 1,118.44 ,10.875.38 laettSCw 85,048.69 5,880.66 6,808.05 19,889.90 7,587.55 65,948.54 184,446.08 Boat Chicago Akron POUNDS QHD8 SOLD Scat Chicago Akron TOTAL 151,615.04 * T.ioy.oM >* 48.0U.107 316.400 48,587,507 aewBoa mmw mm 53,348.67 144,608.88 8,(15.37 1 tf*. U. 700.4';. 5,050.06 4 40,850.48 * 148.143.96 14,718.48 10,530.87 5,685.88 1,596.74 5,405.77 1,598.88 16,846,07 8,983.85 6.873.10 714.88 4 46,985.18 4 17,083.37 * '>,<74.S6 4 131,180.58 5,851.57 187,765.47 1 10,536.15 4 3,557.11 a 87,810,560 8,494,985 89,700,485 Ksannaan 14,800,547 12,(88,088 PNYC 00012371 SUMMARY OT PLAHT EXPEHSB TEAS 1989 PAYROLL Operating Other TOTAL SALARIES Operating Other TOTAL SUPPLIES (Opexetlnfc) Bard Oaal Oak* Retort a Eire Clay Duok uualln Barrel* Liner* Bag* - Paper Drone Miscellaneous TOTAL 5JCEKN3SS zieetrl* Fever Insurance - Property Xncuranee - Group Tara* - Property Tax** - Unemployment Inaurane* Tax** - Old Age Annuity Liability and Oenpensatlem Qa* Mr. P. 0. Case - Ohleage Offio# Be* York OfYiee Departmental - New York OfYia* Telephone and Telegraph Miscellaneous TOTAL KA3T CHICAOO * ISO,718.07 AS.879,89 881,998.98 * 88,980.98 87.081.87 1AO, 9AS, 88 * 88.AA8.81 88,788.19 8,880.98 6,891,AS 80A.1A A87.A8 1,860.88 8,837.08 888.86 86,688.10 8.A09.79 59,471.80 * 140,818.80 80,984.88 1,440.67 8,009.88 7,184.18 8,198.77 8,668.08 8,014.88 8,884.47 1,187.88 8,884.84 8,016.48 1,888.91 53.619.84 * 94,898.94 13 OOOA^* SOMAHX OT PLANT EXPENSE TSAR 19 8 9 CHARED Slsotrolytle Zlno Oosdansad Uotal Rsaolt Zina Orate Palls Dross Scrap Zina Dls Oast Slala Dio Oast Sorap Qalvanlssr's Zina Dross Zlns Dross (Sslults Co.) Qeloaa Load Ora Aaasoada Zina Oatlodas Dls Cast Dross Zlns Soaring Load Zina Carbonata Ora Zlns Anodss Zinc Ora (Aaarleaa Zlns Oo.) Zina Clips Zlns Dross froa Sorap Zlns Skiaalnts Load SuJ.pl*t (Aaarloan Zl&o Co.) TOTAL REMIXED ZittO T*bl * SubllJUd tilts Load (National) Zina Dross Zlns Sklsalngs TOTAL EAST CHIOAOO 603,908.49 91,877.43 104,016.08 804,984.07 84,744.48 884.841.88 188,433.84 187,730.88 1,708.09 8,941.94 4,407.04 447.84 474.98 1,449,83 8,118.94 7,479.40 10,418.81 414.68 49.00 11.48 *1,846,898,S3 # 88.88 81,130.43 933.18 093.18 $ 68,484.78 anra< Arsrags nainbar of m asployaA for yaar 1929, Kart Ciiaa^o plant Pay Roll ATra*a mater of lours sorted psr vssk Arerags nvtmter of nsi a*plsy*d for ytnr 1989, Akrsa Plate Pay Roll Arsragt aaater of lours sorksd par soak Ararat# mater of turn on salar7 roll for yo#r 1959, last OMaago and Akron 144 37,9 8 30,4 BO Total Akron Pay Roll for yaar 1989 t 9,908.40 <,PNYC 00012373 Total to Tear 1988 Kew InTestsent 1989 Total lBT*tnnt BAST CHICAGO AOT AKROH PLA8T3 APPROPBIATIOW BCPSHDITOIgS ms i*i AFFROPRIATIOH AilOVST | 894,1ST.14 89.784.78 $ 988,891.84 0031 # 1,078,792.48 40.184.48 $ 1,112,978.94 1 BrPSMDEP - TEAR 1939 184 - Re-ereet JOcron Warehouse at Suet Chicago I 19,940.00 187 - Turnaee Building, Bag Souse an* Time for eenpletlon of 81z Door Anerlean Blook Unit Kart Chisago Plant 860.47 188 - Tour 14 ft. Bays Oxide Bag Bouaa Sxteaslen - Bart Obi sago 18,180.00 138 - Oaa and one-half Ton GUO Truek, Modal a O 808 - Kart Chisago 884.80 138 - Addition of Reading Itooa to Paint laboratory 1,178.88 188 - Chargor for storage Battariao Bart Chicago 408.00 186 - Equipment for Seeuring Oorraat Inraatory at (Justo* Materials and Merehsntable Zina Oxide Bart Cbleage 4.818,80 # 89,784.78 80,818.71 1,849.83 18,649.78 884.80 1,178.86 180.00 8.980.74 t 40,184.48 OOOA^74 pt^C COLLECTIONS - YEAR 1989 ZINC OXIDE SALES 1G EAST CHICADO AND AKRON PLANTS MONTH DROSS SALES ZINC OXIDE DROSS SALES OTHER MATERIAL DROSS SAINS TOTAL COLLECT!CKS OVERDUE ACCOUNTS January February Maroh April May June July August September Ootober November Deoeober t 181,738.44 # 2,589.68 | 169,616.57 69.35 803.9U.44 - 813,686.03 - 804,865.51 1,766.81 819,985.68 1,046.18 880,114.68 9,369.06 SOB,383.94 7,887.88 870,189.00 11.2U.18 839,006.68 14,050.81 879,388.97 21,948.78 845,308.85 55.048.84 184,888.06 169,685.98 803,911.44 813,585.03 806,631.78 881,001.71 889,488.73 213,811.86 881,340.18 883,057.49 801,337.75 300.351.09 196,854.83 194,461.88 152,981.65 200,377.81 814,156.59 198,868.60 838.870.07 830,400.47 883,388.90 848,916.69 866,633.33 339.886.88 1 10,876.04 10,890.87 8,186.88 8,805.80 6,688.18 7,868.80 8,818.81 7,077.88 7,888.80 7,936.68 18,341.84 13.607.17 | 2,648,944.69 $ 124,980.63 $ 8,767.865.33 | 8,699,047.07 1 8,908.18 Cash Dlcounts Aooounte Receivable Percent Roelrabls to Dross Sole* $ 25,048.69 | 88,866,<6 9.33 ZINC OXIDE DEFT, BAD DEBT LOSSES CHARGED OFF 1939 YEAR STATS ACCRUED E. a. Waldo Trl State Paint A Tarnish Works Perfeat Rubber Company Swavsly Yarnlib Oonpanr lid. Ind. Ohio Uloh. 1937 1938 1938 1937 TOTAL - CHAROBD OIT UTSCTT.TAWEOOS CREDITS TO RESERVE NET LOSSES - 1939 AMOUNT f 41.61 49.30 7.75 42.63 I 141.89 Hone I 141.89 Psrosntaga Loss to Dross Salsa - 1939 ($8,648,944.69) CUMULATIVE - TO PATS Gross Sales 1983 to 1939, inclusive Total Bad Debt Losses Percentage Loss .0063 | 60,190,016.17 19,676.88 .039 pNYC 00012375 COUSOTIONS - YEAR 1959 KHIT3 LEAD SA188 (DHST, IN OIL, AND 1ZUD SULPHATE) MONTH GROSS SALES (DRY) GROSS SALES (IN OIL) GROSS SALES (ISAS SULPHATE) TOTAL 0R08S SALES COLLECTIONS OVERDUE ac c o unt s Januarr $ 89,688.75 $ 17,384.04 $ 46,969.79 $ 82,453.58 $22,655.96 Tabroarr 15,881.91 14,001.08 29,883.93 54,916,54 88,875.89 Marsh 56,755.41 73,515.26 110,271.67 51,000,13 83,106,40 April 51,103.01 15,955.59 67,058.60 64,066.98 83,809.96 Mar 68,538.75 34,509.50 96,848.25 84,062.55 84,481.85 Jana 71,832.88 51,328.69 122,555.57 101,878.82 20,733.94 mr August 59,623.79 71,739.58 40,954.31 46,700.17 80,583.10 118,439.55 99,046.08 17,672.04 109,832.38 14,868.61 Saptsober 95,848.00 85,939.65 179,187.65 188,799.98 17,618.38 Ootober 58,139.59 76,464.87 128,603.66 166,937,79 16,289.98 Korenber Decenber 68,591.56 42.898.13 20,098.95 15.734.32 88,490.51 58.632.45 98,264.86 81,097.84 76.912.17- 86,246.78 $635,143.96 $492,359.77 $1,127,503.73 $1,091,570.86 $20,898.70 MnmaaMB * tserva aaa>M Caah Dieoouata Allowed $ 5,690.93 $ 6,695.49 $ ) 12,384.42 Aooounta Receivable i| 106,728,00 Pareant Receivable to iGross Sales 9.46 pNfCO'2376 COLLECTIONS - TEAR 193# WHITS ISAD SxLEB (DRY, IN OIL, AND ISAD SOLPHATK) BAD DEBTS CHAROBP OTT 1939 18 STa TB YEAR ACCRUED WHITS DRY WHITS 13AD LEAD-IN-OIL TOTAL WHITS ISAD DEPARTMENT WHITS LEAD AND WHITS ISAD-IN-OII. BAIE3 Jamestown Wood Finishing Co. N. Y. Lehr Hardware company Mloh. Trant Til* Company H. I. lokert Palmar Hardware Co. Ind. Hu-Art Paint fc Wallpaper Co. 111. Shinn Wallpaper <k Paint Co. Mich. Helderaan Point St Supply Co. H. J. King Paint Mfg. Company N. Y. SwaTely Varnish company Mioh. 0. H. Beaker Paint Co. Ind. Brill Paint Company H. T. Banka ye Pottery Company 111. Tri State Paint A Varnish Iud. Walleton Lumber Company Ohio Best Hardware Company Ohio 1937 1957-1938 1937 1937 1938-1939 1938-1939 1939 1937 1957 1937 1937 1937 1938 1936 1939 28.10 61.28 189.00 496.44 131.26 17.00 63.12 30.12 10.48 274.89 1,335.00 378.68 15.00 64.40 0.34 26.10 61.28 169.00 30.18 10.42 274.89 1,333,00 496.44 131,23 372.68 15.00 17.00 53.12 64.40 20.34 Total - Charged Off 944.19 2,128.85 3,067.04 MISOSUAtnaUS CREDITS TO RESERVE Kramer's Paint Store Teuton Faint Company Total Credit* NIT LOSSES - 1939 111. N. Y. 1936 1937 72.38 -- IS -- 72.38 871.81 85.18 18.78 103.90 4 2,018.95 4 157.50 18.78 176,28 2,890.76 Percentage of Loss to Cross Salts - 1939 (WL 636,143.96) (HO 4498,369.77) .137 at as atav .410 mmmm ' ,25> mmm Oroae Sal*a 1928 to 1939, Inol. Oroaa Salaa 193 to 1939, Inol. TOTAL SALES Total Bad Dabta Paresntaga of Lo b * COMDIATTWK 412,073,53.67 * 418,076,233.67 3.706.907.23 2.706.907.23 13,075,263.67 $2,706,907.83 14,782,160.90 | 9,909.86 $ 7,840.16 17,750.00 082 .290 .12 PNYC 00012377 19 COLLECTIONS - TSAH 1939 DETAIL 0? RSSBHVB ?OH BAD DEBTS ZINC OXIDE SALES Balanoa in Reserve - January 1st, 1939 Cradltad to Reserve in 1939 | 31,238.89 Nona Total Bad Debt Loai Charged Off In 1939 31,238.69 141.89 Balanoa in Reserve - December Slat. 1939 Doubtful Aooounts - Dasanbar 31at, 1939 | 793.97 | 31,117.40 IfHITg LEAD BALES Balanoa In Reserve - January lat, 1939 Oraditad to Raaerra In 1939 (1/4 of ljt on Oross Sale a) $ 3,838.41 Total Bad Debt Lota Charged Off In 1939 4,884.27 871.01 Balanoa in Reaerre - Deoember Slat, 1939 Doubtful Aooounts - Deoenbar 31st, 1939 # 8,73 * 3,952.48 raiC LEAD IK OIL SALES Balanoa in Reserve - January 1st, 1939 Oraditad to Reserve in 1939 (S/d of l on Oross Salas) 114.08 Total Bad Debt Loss Charged Off in 1939 3,806.78 2.018.98 Balanoa in Reserve - Deoenbar 31st, 1939 | 1,787.83 Doubtful Aooounts - Deoenbar 31st, 1939 # 3,398.74 TOTAL KfSSSHVK TOR BAD DEBTS - Deoenbar 31, 1939 $ 36,887.89 TOTAL DOUBTFUL ACCOUNTS - Deo. 31st, 1939 $ 4,198.48 pNYC 00012378