Document 5LQQBbg6M2bj42m46v19pvGQ8

e>z- c c X 0 1 III K J < 3 Z Z < 0 ID 0) > z < a. 2 0 0 a < ui j j < z 0 h < Z (N < ", rn \C f~- ---(NNfNnnmnmn i c_ .9 c : o- N C p- vi . .2 S O5c j vi ' ^ J3 : *= v, v5 xQ w:r> c I : -- !2 .2 4> -? Yl ao'. -- o1/5 5 fl. -- >'X*t ^c ` 3* !< 5 -3 O * ' * s '1 s g !-gu2 ! g= ; *13 is :s2 3 i- r "3 I " S3 u /Cfl O M fl a 5 'o SJ = a> a^ 3 e .c u a c/i * w - 5 O ~ ^ 1 5 oi; a :ZZw uiUc 1 XH <H x Q < --a ya si < 3 uj < 2 as ^ .5 T* fPl-.i -i * Su > -i a -i a E9) )i ^ =S> z * 0 h U III X 5 au. Sz^o 03 xa =-x CaJ3 < 0 UX Z7 3< z a. 2 a. < _i O .oi a < -) ^ u. z <X ya J 7 9 3a a # _i " -: * *!u < > til u 3% : c -- III ! 0 > < h : -5 > X h I s 0 !A U 506 >* zO III > O u vi U as aa GU H *^s 3 2< O <sP III K u. > III (fl C ui 0 \L IL 0 III > * ": a, h 3 a ui x ui z oa E J*2 y 5 z u X 1 S S <3 `-O.'J-- S5 W (5 ^G ^< .* o ^r U3 -- X X 0 > z* Oi a 2 <3 x si az 5m z2 f> 5 <> s 3 7 x. <zv "Z SHr Is. < > z r5-fl OH G crt ZZ a< 15 - <j >6 Z r<Z xO 25 o2 uj O - -- if L U c/i Z G M<*i _""J z> < sO 2 X Mi z< 22 J z' <o ZH S ^2 W G *n >> O CU o 2 o2 u^ bb <A Ml G Ui e JH < M3 3 x5 a^ r so H 0000-NLI-000018629 X lU UJ J <0 h z UJ Q 55 UJ x0. UJ I H C u P'5 3 d> X 3 -o 5 j .2 so cj -- QJ c/5 id oC a a, H cd 3ei Z cd -S g1 S' 5 o 2: 8. o >5 C id a e o U cO c c S3 - s * 4o4- 5C 2^ C/5 3 J p iU D .-S'S d> c -.C3 > T3 2 4> I5 2- OS U5 <n 12 O' ^ 12 .. C/5 U d> -> a, id .c 3 C *g < V id cj J3 *- > "3 pfi 3 Q y cd d> 2 >> _C= u T3 id as a. ,, 5 c O -- cd dt) CJ ^ D a .e5 e US oou> S Cd ts g> O g its d> U o oo d> 73 a -8 "a 3 u d> j CO JG O- 5 5 cd *c 3 Q id O d) 5*- >> ^S3 3 S5 e 3 >, s o a o oo > U S3 J5 id *-* O Ss 9 1 CO T3 u d> iC C/5 D a o w U5 7*33 >- c cd ^ O CJ d> is d % CJ C id 32 CL d> J d ^ > >> d) c *s oa ZS .o >; u ii "sd c o id CO cd o o u co c 44-- 3 `2 O cd d> z CJ cd c/5 2c u0 44f--id S c u CL. _c 3 -3 <s> U "o *5 c/i V u c/j ,, d) *c < L o a> is u ed 3 cd O id *n o d) 2 f3 ^2 > E- rs cd " u J3 .> . j j ^3 ^ 00 |2 G -- 44-- O CO c s o? GQ, J5 . 8 c O d) CJ I--S "IS-- CL A> UJ U) is <N e ITi .5 * T3 Id .CSLr, u. S3 d> Cd ^ > X5 (A 2 UaJ 8 1Sd) d) 3 w s Cl -5 * >5 2 O cc u. 6 3cd Ou. -- CL 3TJ e 0 E -5d C o 3 OS O^ E id <N a. = CO ec id 3 o d) 3 *3 d> 3 u? co o 3 =3 id d> >4 > as a in as --c 0 -H CJ .0 E -Sa ,2P .s 3 73 c/5 1 . C ^3 E 3 ofj SCd a. IS UJ 0 z E > 3 a3. id E '5 5 -5 " CJ .2, s S Q u ,,o $U o a. d> E c id 0 >, cj ^ CJ -i *3 c/5 3* 2 a i 3 II 53 .0 > - S' 0 id c 4> o Id V5 >> Q, id -dc> CCo duy> H U .5 5 an .o' u 5 T3 -a O 3 o <m CiL c3 4> cj .tS 3 Q. T3 V3 5& oo Jr on . o n " an c an = ts 5= Q 73 . *T3 "Q 4) cg aa w 4) -a e C"l r3o .t g Jj ~C "O O O<j ^ c c . W T3 a>> c3 2 "5 Cl O oba Cl N BJ o T3 -4g> C3 3 S 3E eI an c 3 "3 3 * *2 C 3 C CO Sc * b* C d co -C ;/3 ~ >> ,,O u. zZ 3 -3 4> _ >\ cO 4> 3 E3 o *g> "h a. = 3 -C4) "3 . S) 1C4J> Si a) x: 4> -C> -- C -3Ga Cac/3n 'Jw343) CO 'v5 '> Q TD a 4) 3 o 3 u E "c3o C oUt 3 S 03 CO ^ a a) Q. 3 -5 J O u e c 4) E 3 .a i *u S 5 UC/3 .E b33. 4) 43> T3 4) oNOON > TJ 3 C/3 3 s an c -33 3-- ^4--> c/3 3 -m4) ni (i w 4) ,C5 T3 C 4) >> E an 3 OM C/3 OC E C$4M) 3 .H 3Cul C/3 3a T3 s 3 .C03 4) ^-r 3 u V% 5/5 J= C 4> 3 a --6i) o3. x^: 4) T3 *"C IO - 5 U T3 a a 0 - S a 033 o X aO 4 on c >4)v a EP.S 3w ba <o =E Qu -C 4) 3 c2 * 3 3 C e o cn *c/i n 3 NirO> u > 0 IT) ^ X> CL 3- C 3- 3 ^ V. "3 f"* 2 5- On 4> S 3 --. -C T C/} frl w i-- 4i -C 5- o "O ON "8 *g 4> a* 3 I;o 2 '5 '5 fli C/3 2 c2 3 00 C6 x ^ * ID w V ON 4) 3 on -- o JC -- g L- C 4*-` 3 tiO 3 3 (N CL (N S 2 T135 E -c E^ 0) 0 <N 8 | b: ^ oS 4) u r- C3 3 > a X *3 (9 1 ? O4 h 3 Q 4^*> tr 0 Consolidated sales in 1959 were $530,550,817, an increase o f 16 per cent over the $457,592,886 reported for 1958. A ll major Com pany divisions shared in the improvement. Sales of the Titanium Division, a leading producer o f titanium dioxide, used in paints, paper, rubber, plastics and ceramics, con- 8. CL 3 -C G ^ . Uan ou 3 *g uO O SL 3w 3^ *0 .a 3u an ^ C1 ."Os tM an . 2^ ^G ceA OJ S0 o jc 4> 5 r-* r- T^ wc> <3 2 ^ NO r>* 27m4 c*^-* 4J>- 3 _C Vi s S, . On -* in 020 OZhn m ^, 3 o *(*O3 J"3 Cn | J* 4) ^a H an 2 C 09 5/5 ^ T3 (N oil O .S T3 cc 0> s > P =* 00 O_ 1> mw ON 3 CL On ^ an 4> .*-* O^a --r* tann _<--_ 3 - *-r ^ c ' 6 c g x: T3 2 2C3 3 c/3 Q 2. O 3 TS3 ca Uo o CL O si ^ c 3u -^K 4> 4) CM 3 C/3 C C C Q 3- ^ ^u PS. C/3 nQ c 2 - con 2 3 c o o' cL O33 Gi S b tJ5 CJ uE ci 5" i CL y "O V3 g^ -S c ss > Cl ^s ON 0 EO 3O C/3 G 4> co 3 3 1/3 L. G JC >. E 4> c o E o cj *S5 c O 'O 4> CL > 3 4> t- T3 S > L. o i. SS C c2 32 0IT0 --_> o Ol 13 T3 ass " j s .2 U S _ .S JZ. H 'T*! /S1 a m 41 "5 (0 3' 0000-NLI-000018631 3 ` >* u<^si 321= rr-3 u Cl ^ r Cl c? c2 = C -D C C c cj g > ou CL .5 " cj Tf 3 rOan "3 2'S \Q 00 sC ^ 2^a. ^CO ' O2 O O ON ^ >* >, X 3 C CJ 3 _3 CO CJ 4= OmN -Cr3 0\ <^H ^ CJ c CJ 00 E IT) cj ON .S- < T3 '5 O4 : CJ 3 c c r* wo c1j- 3co CJ w * 8. 3 c j oC L. g1)- 3 .0fr: r- = 1.3 S ^o e 00 5 .s 1) U s a jz 2 o> *w wu 2 C a. a c/5 * c -- * .s c 3 -O -2 ^ Cl rl "3 c ^ CuJ. -- 3 CJ 3 -- C 3 .3 o 3 cl g s01 t- <N c l E ^<N o 3 O3 o E** to cj 3 jU 3 a/ c4) > C 2 o On * 9<T\> wo roo e a. c x - CJ 3 cj g ^ p22 * < to cl cj vi <3 (0 CJ -- JZ 4m 00 Ho 035 3<5J *33 5 l shtS S 2 ^ -c 5 .'!' 3 L * 15 ^3 t3OO v"C.j ^5 , , l t ? * . ? S * o2r ss3 fc ^ 3 --5 s'3. -2 ^3 $ 5 -O SI ** ,3 ? o. 5! * ' *' 3$ 5 ? o .. oaf S-5^ . ^ 4. ' < <o^3- c 3 5* * "^3 oa a 0 c Ti c rW" V5 _ C 3 Cl E QQ O ^ ri oU U a, "O cl ^ a J3 13S, C V) 3 *o wo Q ^ ,,3 C o 3 P0 >^v z .5 D >N T3 x; X) o E o p5 -0 P w u *C0J M c3 2 0 .3 ,0-C0; 4~> iS s C 03 Lm 3 O T3 J= C 3 c i 1 ACJ C3 2 1 ^ 3 c C3 t CL ^ O -eP .5 co/>5 3 a> * >v oo ^ Cl .2 p e^ 3= " ^P cS Uw 00 c 00 c o, ^2 C/5 0 > 30 C/5 c *3 #e *3 0 CL *3 c cCJ OU. O `5 3 CJ w U c 3 ON /N ON ^ CO 0 D ? C/5 Cw 0 *3 C OJ CJ --* 3 00 CJ c 2* '3 * a. CJ CJ 00 'G 3 L4 *1m C 3 3 > 4-t Oo 2 -a aVC/55 3 TJ c 3 ON n 3 ON On CV5J 3 UCJ. c 4.* oi CJ a a 3 ^ CCJ u 3 U J5 ~ 3 c 0hUr*n 3 O S-* w 0 .2 3u. oo 3 <U 3 ^ S! O o ^ 3 -- P -n C O o >> c 3 a a. e s3 oa u c/5 -O c 5 .55 w O2 CL U Cl ^ 3 uo gp p3 1 l| 2 3 e CJ C/3 CJ 0 S s a. 3 in --C 4m O CuuJ Cc/J5 3 O 3 CLJ V5 CJ u . 3 U0 iJ 3 CJ 3 CJ > G 3 00 0 g 3 CJ 0 CJ C/5 .2 c. 3 3 CJ O CC/J5 CJ 3 "0 > Im CJ JZ op 1 CJ J= 5 5 NO 0000-NLI-000018632 on T3 2 OO 0 -1 co 33 "O * a cd = 8 .5 -s 3 a < ~ 2P u00 1,___ y -- ' 3 g a ? S s.- I .: '5 a 3 CL .E o3u oo --c acd uf ju "3 So yb f *0 -S 1/5 -g O T3 C1a ^&o mCcdo- oo J4> CO B .5 cd .!= 2 3 Q. bx U a- ww PC 13 3 C/5 .B LL. 13 oB s3 _CJ 'C JD <43-1 o 3 C/3 O s' 3 13 3 3 uO a E 3| <3 y y CO be 5 o * -.3"5o JO .3 a 3 <c * * w o s "8 a. r S' o -o C "3 <N -- y r- C^> cd _cj iz 'u sy O <4-- o cd a c y y .D < e' c o .2 o o <o 2 Oa _*5c o* g.u i- ,__ -aaj oyb u g. jn 50 s_o s! 5 - O' ^ -O /*> e^2 3^ cd . Vi/ H -sco SO 3 *n a 3 ON 32 O' --H *3 y 33 *3 X) 3 'Si !S _>> CA y Tu3 O yc/> g 3 u0u-- 3 3 *3 3 "O y 3 JD 3 0 CO C/5 3 y >. CO 3 y y yu. a y 0> U JO 3y O3 3 o w y > w U. Ou o uO 3 y >v 3 y sB E 5/5 33 y G 's 3 CO 3 'C <4-1 o 3 CA Q _y 3 C/5 o a y5/5 3 y y <4-1 G Ow 3 V3 y 3 y E y w y a a -C C/5 3* (N 3 >L_, V5 y 3 "O o 3 JO C/5 0 co 3 *3 y ,, a2 ' 3 a^ E j2 *3 3 3 -- `5 cd 3 "O 3 3 3~ O U `d C c 0u .9- 3 w 3 Q. cd O' >s _ y -11 " 3 3 O * 5 "U 3 o5 bs u 3 V5 13 3 O -1 & < y 3E > 50 O yb _G Cl ^ s -3 ~ 3 -a . 3 s5 Sj 6 2o <4- w 2o jo y -_ ^ 13 . w3 4> 3 a ,3 3y 5B --3 -3 0 .) 3 Og c .S o3 3 CJ CO 3 *S -a y ou< -o O- ^ ^O 5 3 y3 ^ .E 75 ' " V Cl 3 am E o <3 U W ir S1 u4 D3 " 3 4) w> o ^o 3 o 3U *-* 3 C2 23 ^O 3 O -2 O 2 2 13 c a h 3 cd | -8 3 -O -3 OA 3 I 2 Ou 3 O. -s c/5 ^ 3 3 -E z5 1) 'Dh co J*13" * "O S u sa 5 ^ au S d1 so 33 2O a iG . CC L a co _ 3 S 13 O uI V3 o i5 <*4 3 O 32 CQ o> "O 3 -C c 3 .3 3 3 -- o * nu 3P Cc *o 3 o ~ o\ 13 u & Cl q L-* C/3 o^ O - a . H O" u 3 1- -3 . 3E 3 ^ 3 > g >, co 5 -o 3 e5 a Nw 3H _ ON 3 ^ TD O 33 13 flj 5/5 33 a ^u y o^ A 3 3C 3>1 So3 3 a E (3A o U 33 *s Cg E a --<a sa or o co ba 3 5J 3 as 2 u J= H a 73 o > o E E o>- 3 ,* o A 5 g; D >/N n 2 t/i 2 3 E >% y C3 3 Q. S % . c/5 > o .5 U JO E 3 3 V) 3 o #3 oy V3 __ ^g s 3 u a2 y3 B > C/5 o eo a 3 a "5 CQ T3 3 ^2 3 a c/5 3 u3 ? 83 1) 13 J= o bw ao o U wco O -2 o 3 CO U .5 ou ^> 3 CQ >1 "O B 3 ^ 13 o c EIS (A . 'z .2 Ev '35 3 <n 0 .*2 S) E0 Q 1s 5o a 3yu C 3 3 >% -- o 3 a^ E is w y d CA y | --3 '55 g X) O3 'w 5/5 5-a 3 3 O a _>* pc *0 o JO U y0 3 3 a o 13 o U 5A "3 O^ 1o3 s o u 13 -O C ._3 3 U so D a u i/5 >> --C 3 O :2 fi caC 3 3 m c a a, '"* a Ou ; cbrov 45A, O CJ J yD 3 a 33o O >> o c/5 y 3 3 'i -o -O 00 o1-t <4-t ao n ON yu 3 CA co 3 G _>s *y o u3 C3 y O cb < >"* 3 3 3 L 3 a LU 3 3 . "O y *y L. ` )-4 >> x> 0000-NLI-000018633 30 I= .2 3 C M c/3 J (1) H3 p >. 3 3o --V5 dCJ/3 -- TO C 33-^ 33 .2 'v ii E 5 v < .S CO e c j _* c/3 O o c~ 2P o o .2 '-S u c/3 3 C <3 H 9 g, o Uu C O >* " o g o "O S3 C S|u c/3 m J O 3W c <3 .C50 ^N0) K Sx 5 .23 u* S >, * 3 ja 1 So C* o 30 9- S 'S ~ (A dj 3 3 W *- " 3 U T! * on "g -g 8 3 o is >. -2 no o _ x a* u E < 'I CL C/3 3 y3 > 11 > s .2 o 5J X -O 2* e5 S* 5* <3 3 Hi u o a! W o X C3 w 4) Jo c3 v j n i-- .9 S cS n 2 c o aX o > 4> 73 a> "cr3l ss s C <3 C -d .2P u O X) `E 3 C 22 3O u M 30 . x .5 no S o 3a 5 "3 VI flj u oo cB 3 c/3 c c u I "= aL>- 1J l.r_ai .03 SD U U E TO 3L* _ 2 w 3 so Cl v o c 5/5 00 c/3 7i 3 o X c 3 w O Xi _3 3 3O C 00 *5 o c3 3 .S-'o CL S .a r u. o <3 -g U CL S C/3 3 *o 3 D X 3 -J ns (0 d> - C 1C '2D J2 So >X z-- 3 "O 1) c X o CO 3 S o o - ,ts > ct a uu ow i 1 o <uu r *5 na o c 3 H-- n> cC/3l c/"3 T1 5O/3 4> " o 2 CL /=. C"TMaOcca--oO, 3 -x*t>u>i *5 " i!1 oa 2^ s ^Cl S 3 0vI0" X* ig 23 3c cj E *3 E 6E JS .ts 2 t3 O O. .O 4> W U w 'E< V, 8. i o 5 cE X, -xc ^u* e_ 3 a cE Ii s C/3 o ^ `3 t4JJ *n * S-- a ^ I g ^ 3 c 2y I.2E2 * = .1 o * H 3 5* s ^) "3 x 'o . 00 u 3 i-oe.s-g S--.-0X><a M >, c g 00 cVi'O 3 .9`35 5 a S-8u-S= * s -C 2H =- C/3 o = ^L. cn 3 xE > 2 a J= 1) S 3C/3 C>2 u a) c 00 3 C *o u= o Jj u "c/3 s -g sE ^3 a< 13 2^ oo ON ^ X so _*5e ** * SH 2 .s . x X 3 3^ X O 00 E o 3 3 W _C/3 33 a> . 3 CJ E =3 OJ > -fi 3>o Vi .S 33 0000-NLI-000018634 in 1958. The West German plant has been expanded fourfold since 1951 and is the largest continental European producer of titanium dioxide. The combined capacity o f these plants is insufficient to Belgium and West Germany. The plant in Belgium was acquired and ;lre we|| diversified. Titanium dioxide facilities are located in 3a. 3o 4> c 73 c C3 73 c CS o c 4> 4> O -C Cd 73 C c2 co --* t 4> O c -r % 4> Cd O , cs 4> -- as c" c 2 '= cg - 4> c 3 Cd _73 5 7J3J 03 0- cS Z 73 4> C -C P "2 co 4> .. ui a a "O o -.2 cg H =8 '3 aii oca. = E s' o s. a a &E `35 3 BJ -- 00 c u 73 s-- o> o .E -s c cd rs i~ o Z ^ CO O 4> 01) _ ** c aS a --c o s3 5 cd 3 o 7C33 u a> .9 _e vt u uC ,--s *tuC -- -3 w 50 iO>Q ucj .^--u=' at) eu oauo-# C 3 .2 c cd c/3 a j3VI | u s; ^ c 5 o 3 * rt 33 O C> >. r a. 3 a1 u 2 S j o c3 E--P - 0 = O U c 7 O -g C 53 Q. 73 2 W UbO *A3 "ucs. >*> -C 4ao> g = >> c s Cd u5 O CS 8 a. ou ^ -2 * $ H G >- C C 3 vS N G aE-zaCd:- V3 V5 `3 a. ^ *3 *0 a 2_-o 4) S' a. o 3 3* 4> 11 C3 VI O 73 cd C cd .2 C/3 "cs (W 0 >* c 3 D. C cd 73 C cd *v5 E 0 4) V5 w Q- J3 s CO w .c '3 0 ,22 o 1 -c A a c3 2E S1 OinN ON 4) 32 oCo -D 3 >> c 3 CU 0 U 4) -G >1--. 3 o .2 VI > *3 3 4) 3 00 c 0 gi u4)T c C I< 8 .a O "3 >> *1 Eo 3 cs c CO O* C/3 *Gu .35 "cc _V3-3r 1 3a C^Q ^ 233 73 c CQ 00 c 5 1m o o - "O a 3 7c3 o n " -3 e C- Co u cd oa 73 p. O CO 40 G *3 cd 73 G O cd Td O ted O C/3 bO> . w cd 73 4) 4) 3 73 co ."Sui V5 3 73 C ll 2- 8. ^ -C CJ o-o o' a. cco 00 c4) a. Op *5 g 4) ON -- *_ " c -- a. co -C 3? OJ 2 S c iwto: -o 4) .*-*c H k. s 3a 00 .5 jGG ^ " cd 73 C 3 C 4) b0p0 < O o "^ ob 73 C o 4* ^ CO cs 3 S3 E3 E V3 73 o T3 M E 03 CO U S5 QCS. o . SfmO g O .3 73 C cd "CO 8 25o 3 73 8u 3 33 O 4) -n o- w V5 CO <-* -C rG C O 73 4) C E .2 CJ c E CO 1c H *s a 4> JC cs -C CJ S * c co 4) tM O c 0 0 a O c 4CO> 3 bp 4CO) NCS %, cS cd 3o , CS -3 5O oco n o. O > CO3O Tc3 X3 ^.2 !5 7733 73 c?3 CO u. 73 ai * *2 a. 4> ON w U7 4> o> Td bp c 8.7 O SCSi ^0 U3 3 o" 1s 5 Jc3S a. a. oH OO 73 Cd 4) -J o Cd U CS 53 . >-- r"j The Company's international activities have been increasingly successful. The results of the operations of the w holly owned Canadian subsidiaries are included in the Company's consolidated finan- and because they were near rapidly expanding markets. raw material situation which would permit economic production 3 4> > 4> c wcd cad 3 E eS 4"> J _ ^2 c -3 u .9 g ji s ^ OA e 0 o 51 E CO Q .0 S -n uu ,,8 5 8 cd cs 8. 3 1 -O vj O c cd 4) 73 is a CO Q O oc i H2 i3 > <-> 0 cd G Cl 73 cd |" 1 s -o -5 5 g 2 u G 3 4) w U 4) cd G " C ucO 1i = cd vT CO cd .2 E *c t-- M 4J ' oa .0c c tj .c2d 3 11 cd 4> ^Cvad ^ ew u 4) Ofl 2 u -gO . E S3 ' ioni- aEc_ a <UUl 2 r".2 G g & 73 2 0 41 4) +* CS & > o = .2 S 2 Ccd ->Sv' 1- ai % S'. 'co , C0 a 03 cd n CS 00 G G CS 0 `u c 73 "O 73 4> 3 c 0 00 c >> c cd a. --c 4) 4> 0 U 4T 4) G c cd bcpd b. iJU 4) a To .200 ^> 3 7c3 cd . CO 73 eC O ^2 4) 743> - Sz U -CGJ H c> %o B z,, a, ^ O cd G^ cd c o .3 oa .tcss 3 LU CQ 0000-NLI-000018635 equity in the total combined net income o f these companies was approximately $9,500,000 and dividends received amounted to $6,720,575. The Company's equity in the net tangible assets of these subsidiaries exceeded the Company's investment in and advances to them by approximately $30,200,000. u .JL ~5 -Ua x- 2 3 S .2 2 'v5 -- 13 e = CJ Cd E CJ > > cd >5 Id Ufa uC/3 X <2 u C/3 "J 3 G 73 u Q. Z O c o c X y c/f o O *0 0 CJ CJ * "3 c 3 Ufa .0 73 O o * Ufa oX ? <N CJ c u _o ECJ E X >< CJ H X CJ y3 >* C/3 Q CJ 73 CJ CJ X u CUOfa -a cj cj Ufa mo XO o CJ Ufa n c xo 00 O X c CJ CJ cad ips c 9- (0 4) <A o E 9- c "O CJ E OC U =s s cd _LJ co j ^t_ 3 c j '3 >*< O JS <A 4) 0 0 fa o. "0 cIS (A 0 3 o 0 fa a. 3 si z4) 2 JS 2 ~ -C - oa ! o c CJ d *E _ -a cd c j E c cj Xo --o CJ CJ ~X Cfi .2 ;x CJ u"-3 c a C/3 d X ^ (fa-fa ow >, -- X *o c cd od oG an a. Ec "c/3 O o u CJ s S oed *U c X jd 73 < d CJ j3 73 cd u. CJ X o CJ a o 2 "O oUfa 3U Qfa ^ U- .S s G 'd ' =u C/3 cd Q. X >. rt s OE C .2 cd 2E a. jEs ^ < O 3 CJ C/3 uQ C/3 CJ X C/3 CJ CJ *o H !2 ? > 0 CJ X a. 2 u ,2 50 c Cd o >< CJ u Bcd co cd o' 3 73 /7 vs 4T 2 03 3 a<3. p X"" 35 S5 cs. ia * C i* u5 2 2 "*u* .*2 Cc 57? C/3 w S C/3 CJ CWJ Cd a- >, -O X(fa0U-ffaa cr*j .S EGo, g > c o a .aS5 *** ~E CJ o Q.U C/3 ac j j a=j >v H o "o5 13 <d * 9 13 --c cd -- '5C ^r3ti Cd *3 4-fa C/3 X2C/3 -- 5 Xw >v * O c cd cj cd X U. C o> 5 a. r9 oU E -c * C/3 oS is H c O c* CJ 0) co cj O S U0>i 7C3 3 EE** OE cd = o. cod .7cy23d *5 tc crt . _ XX 00 c>d XO 5a .is a* 'S Z?.2 C c cd i EUfa CJ X S Ufa LO-fa >v 2 CC/J3 73 CJ c 1 0 U O 73 CJ 3 G , 3 E E CJ 3 C cd G 8 CJ (4c-Md cd E CJ X U-i cd cGd Ufa --JS c/f cd c 0 S001 c0> ^a rS- 32 S as &J |e 2 * j 5s/5 ^ S H os 5 Qcd. 73 o E o " 1 CN .1.2 U x2 Sx "^E fiu C/3 D CJ a, - Q. > 3 V3 C/3 C/3 4> 3 X< 23 `3 3 Cd 2 r cd es c Q* Ufa U -a a ftSo,' 3 O cad. Q\ u c/3 U- - - X g S.sco I.,a o -5 25 o V) as x J 2 s o >- "Is- Ufa Ofa M3 u H -S 2 cd .E ^ cd C ^ Ufa PCD X 3 CX Q a. o 1 cQ CJ E C/3 U c jd *3 .2 73 si 0 E -S o m cs s g X) .2 53 2 S *sa> 5 coo |Z uO- *X*" b a. -.u29 'cd & 8. 1> X D > G cd X CJ X1> --X X 3 C/3 2uS "^o hn 73 w X _ jd fa 'E Qfa o *- iO?. u5/1 * 0000-NLI-000018636 r- CJ y 3 *3 o so X c y-- 3 4) C/5 1) E to S <M "3 VS o O 73 u <J C O -- 4> 3 *= o U 20c0 O X. os Cx E* 'I s 1) 73 X y ** oC 4>) S*3y 5b w oa * u, 73 4) 0 4) 4) T3 .2 y uC 3 00 'vs C 743> _'X a* 73 Z 4> 4> 4) lX-- i s Iu T3 ^ 4> CX ^C w S' * VS 4u?). 0-- ^ 8w x c 4) 4> *43) x .2 .C5 -a 00 0 >37 2b C CL J> 73 3 3 *o* ;> 4) C 3 3 73 73 U * a S' ^ 3X C ' ^ *> O vs Wy 4> X , '5 3-- 25 ?x = o 1) 3*-* OM CL 3 4t/>J 3 ^u . u w3 Xx 00 3 `-3 co 3 ss So -o 4) 4) . C 3' c 4) L. ` OI CL a 4) X 4) *O_ *- .2 2 c > j3 o > 50 3=3(" 5<0^50 > 733 Cl _X 4) 73 >\ y 3 C >4> 0^ ? 8 C|1.x S .3 H o C C x y _0 s l u y d . x e? 4) 3 "O >c 3 CL ~ 4> c u o C go _ 0 00 *50 2 1 > -8 g ax >, X 13 .2 8 XW HgH .c3 ~ J4 *o 4i I 2 M .2 Cl s q uc .2, c h "a X CL E3 4) 50 so *vs X u ti 3 .1 8 ^ 8g "8 .2 4> CL CL h :^ S1 JZ 4) >v ^ c73 x2 n. s .-S OX u1 ^I x o X! 73 CL 4) C_ ^ > 3 73 G 03 3O 4> >> i oa X Sw X3 Cu H? 3 X 3 C 0 4) 05- 73 C CL 3 co Q 3 T3 CL . ? 73 x 0 M C 4> 3 co G -2 2 4> .22 **5 4> X 2 <8 oC O U-i O c O C 73 4) 3 4) 4) 0 73 3 C 3 O CL 3 X 3 00 c 0 4) "3 C 3 4) '5 3 4) x 1E -X 73 0Lm 3 OJ CL E i_ O VS 3 O 73 4) a _o 3 > ^ 73 U3 4> > O l_ 73 y u> *3 c ^ 4r) - '5- w 0 3 bs o u `-5 G > ?p > >4) G * ^ -8 00 3 c 4> op '5450) 0 4> OS -g o .5 3 03 CL 73 4> 2o L-i i_ 3 5 73 4) X CL O *3 '> 8 ^2 00 G4> .5 G3 44)) X 3 vs 3 co -2 .3 -- X 50 X 4) CM 0 =2 00 G -5 4> H 7 4) vf X 3 C . kO 3 -0 30 y 3* co ' G X 44*) Oa vs | 5< Pr o 4> < C y 4) 2 I| op 4> *0 ^ '5. . b i M 0X *- 00 l p .s I i3 1i 73 o G J2 -- 00 w oo c cxo 3 O ^ > 50 3 c M 3 ts 1 73 s uU -n2 9ic1 aJI e Q. 73 0 4w4>) S c .,,= 3 2 g ^44>) ^ >2 ^ 8 3 a II a, u 0 --O 3 73 22 o - E 3S CT* 2 4> > " S. * -C aj 3 Q. > . 3 2 Z 4) o -a 3 S X > j3 3 ^O= o 3 3 4> X >> X 73 4> 3 & .E S 13 Si 4) ? X.3 S 3 4> '2 X o 4> 4> >% c 3 uL ,2 4* a. m a o C co 5^ O x . O ow> ob 4 X "g H aE 3<y X-- co co 3 4) v | o "53 *C x yw aG W 4) 4> 4> _ c5 c 00 3 GG 2? 3 o0 u. 4) ^ 3o W cB - o~ 2.1 3 "3 E2 3 S .3 00 c -- 4) 73 O x OS n -3 3 3 2 ?5 C 3 OX to 4) c01) Si 3 oUk cu c 't3G) _ao. J0S) -0><au) 0 "3 1>OwQ1). E Gu -CG3 'USCOUaZJkJi. 'J 3 3L. "e3 a ta3>j c 0ua_ oC . c Gu33 c0 "3 C3 TO3 <y O 3w C 3 g* 0> JX > cj !O= 2* c -c 5J 3 U3 L<U. 3E 22 Q. c3/5 * ** 3 2>3 2 C -O ^ > 4O-k -- T<3D oc .CuSJi 00 c >uu o > >-. Oo .--3 .a a .5a -^C(3a33D. X0) c .*12/5 > s JJ*' 1) 2 c J3S < 0U<CDk0 UJ <J ' 0 < G<L(Uuk u GcVaa5j 5 o* G O O GO00C33>/)5 oOON' . L(GUkS UJ O 0 < 0 G Cl < >> VC3*Mj O a3 Uw 2I >, sflg -- 2 -3 G3c W2 S3 " iuJ "Ou 3 uu h --3 iz z3 5os 9O- ~o 2 1>3 G-- <D CoJ "" ^ s qj S. s- . v) pi 5s >c 3 .2 C 3 sa Jy >. 01 k 8c) UJ k 18 4) 0 3 Z uu .C G** pC?L, 3'uV35 s og U t13) o3o 0C0 gC *o0ts) s B J3J 3J- SI c g JS _C4*2) .2 U II o s S ug ^ <o0eu) s --or 00 ,, --* g3c3cr/5t TJaao4>S3>J. .e5 -ia> 3 G ,eo '35 '> 5 c00 4> G2*T>n3. <E ' 00Lk N *TO33 ow w OO3Lok a. Gu C w* . V31--O5 2 Gn3 TOO33 0Lok a. >> 2u E Z^, >L.> *c53o/5 CJ `c0Lk O 213 Gu (Mo L00k) 0C?L . -OL30kJ a0u a. c41O>) TLUJ3k5 OC?L GLCkJ O -Sai 0Lk 0r-0 qj -n O .2 <5 0 0G0 >LCS3kiL, CJ 3 03 c/i to 3 30 3W5 0S53/>5i ? CJ G J0J0 ' 6 G Q. , 23 1c 3 a. o U * 1) c 3 T3 2 4> Lk 3 "O c 3 T3 <aU. CJ `OO Lk 3 2 aj CJ G > JS (A CJ .X 3 T3 3 O a* 00 Lk . * 3 Gc 0r* 3 CL <s 00 3C Sfl CC * S' S3 c/3 3 1> ! 11 - .Ge3i i wqj CC M-- a. x: JO3 3 .2 <3U >E 3 `c 0 L. 8. 3 J= 5 N a. >a/ -a 00 w . . G > *u J8 3o "cO O3 0 o> h . E Cs c og .2SP u a. g3 *2 SH u 2^ XP ^3 *a "o " 3 '5 ^ 3C D a. 3 CU <L> O a,, 3C ao 0 J3 o 3 00 T3 J3 >c o a o> 2 Cl 1 ^ * I xs ^ *<vd pO Q a. .---a 0000-NLI-000018638 00 u 8s M--1 p 08 1 41 41 Q 3 3 .a c8 c8 > 8 o *s *Q. O =" 00 CO 3 .5 | =4 c S,, - SS 3 1) ^ ^ a. 2 .S C/3 8 u. 8 .2 11 > 8 Oy 11 C/3 o 73 41 3 88 ' ~ 41 S' o 41 o ^ E >, 88 CL 8 O 11 3 5* E .3 O Ou 11 3 *8 U .2 .2 ao ? 8 8 yy 33 33 2.1 uj l u y> 4) >> 3 iH O. e o o_ > o <H-H V) W4) ^OS >> 2o, .8 3 ^3* ^ 3 41 3 8 J^ U2 S p s8 uh 3 a. -- "3 oi CO > in ON u 41 >* -- om 8 __ O O cd c 3 c/a c/3 O "E .2 8 e * zOW 3 * *S cS O Oh 41 3 3 40 P* </> 11c 0 JB 0 O' a) 0! >> o aEui ac 3o o Jd 3 8 4) s p 3 c 8 00 y ~ 00 c 5 o c5 2a c o U ii 41 ob 8 5*1 <_ ii 3 ^ u H s 41 SO 11 8 Aab <N ^^ 41 11 Qa y CN y sc e E o kHH (N NO 00 o 41 C* 1C/13 8 4i->) 4> 8 8 o C/3 8Z O O-- 8 DO 8 8 41 o fOth u O ? 8 .2 ft 8 ac 3-= CL Ee 2 --8 o^ 3 c 41 3 U 3 g l/ 8 -2 8 8 C/3 8 g tj a -a c/) 41 > U-- 03 <41 * . 41 0* j- 3 03 41 41 4) >> S 3 . 3 41 3 C/3 41 3a w c/3 QW, X y C/3 2 * 3 3 v) O CL 2i 3 CO 1 s e g 3w o2 1 ? CO 2 u >-. a ^ -a oH 33 o " << o o13 8 8 ul S E 8 41 00 Tf ON 8 Ul 2 .S2i 3 8 8 CL 8 >% y4) 41 riXni 11 3x4- 8 41 "5. 3 3(- c 3 o g> CL o .2 E "2c *ccC 45 3 41 U 3 4S1o T3 !r; C 3 3 X -2 C 3 a p -a s. --8 8 c !d Hy e-- 41 r\ O^ ^ on 32 O.Q U O .2 -- ca O 32 cC 3 41 y -- .. c 03 BZ Q_ E3 o o1 S Z rU oS 3o 2 *2 4i ?* tl 41 0 -J Cl .P "3 1 c > a CO 41 in m vs Z 2 ; S'. -g 3 ^4--1 ae. > _o 1 3 s s I sC >> S0 3 3< 3 "a. -- E1 v2 c 41 S ou 2 "- Sfl ,C -= 4u1. 4J V3 15 I?N C <0 01 b * 10 4) g 41 cE o i -2 li C/3 3 ,, - c 2 .1 o O 41 u* CO c c m & 2 O2N 3 S js wc ^ 3 03 ^ ^ CO iC * 41 X f2 u o 2 5 ON c 3 ^ .3 22S c(0 0) 0> o C cB 11 C/3 C S ^ o CL g c 3 o 41 ;3 D JB s u g CQ c -C o 2 CJ >* 41 S `3 o > 2 .2 0 = " 1 ~ s O -a < H t2 5/5 3 ^ . . c c ^2 u s JC S 3j EJZ c41 C " 3 v 3 3 a. E 4) o U cc CL O DO 41 c >3 41 c 41 4> X) 8 3 C/3 ^3 4u1. 3 ' 8U4 3 11 3 41 C ol-l a C/3 3Un 8 8 8 N 8 u3 0 Q. "cd Ey - DO m O S ,2 p^ 3 DO 2c = CD Ow uT c 4) O to Cl ^ t .fi CO 8 8 O 13 8 3 3 U 3W 4> ]h 8 "5- 3 13 41 Cl 3 3 8 CJ Uk O` i- CL 3 8 41 8 8Q Uh CL wE CO *8 U ii 13 o CL 2P 41 43 J5 cw CL -- 2 5* 3 ^ 3^ it u 41 o u V3 3 2 % S) <C451J o --^41i o O MH E 41 E -o O c Os O m3 2^ 3 r- c --id C/3 Oh W o p 2 3= <3 4> 41 ~ Hi O ** CL 3 S m 2 3-* * 3 41 Q. S DO CD S) r" 3 . J5 3 "E 41 J= s " a cd 3 c 3 Uh c/i $ 3 Cl _, ^ c 5 g .S -- .E 3 uo su S5 oC fi V <H>H ^ 3 3 .Cal * '-^S ^ 23 CL 3 cfl >, 8 3 B3 e w < .3 -S w3 41 41 3 3 5 c/3 3 2 u 3 .2? 41 O0 58 41 O 8 M5 =* " 41 O cd --H 3 cr*t*d>< 3^ cd 8 H-. 12 .52 .,,2 B* 41 ' >s cd 2 c >8 wO >* '3 8. ;2 V3 __. C*l `"" cd _e ^y 233 CL Eo U ON u. kn 3 U E _g * -2. 3 2 ? .2* 8n cd cd 4i r S 8 4^ Cd z >* os_ O aC cd XI 2 o c/i 83 <a r s >> 3 3. 41 3 >> 33 *Z cd O 3 h .a 41 C 2 .5 o u2 *E ft o B, U t B cd 2 - 6 rs 3S cd ft S8. o 81 3 a 2 S e cd 8 CL *" ou 5 g8gB O 41 u^ c/3 4) 'S-5 Cd 3 CL ^ i -s s __ c 3 cd ft 8 8 3 8 O 8 z Ji 8 3_ 2 g2 " S. m gs s 41 41 3 DO C/1 ft 8 E _ W3 3 3 .S 41 jC1 E V3 .41 Cd aIst>?. tu8o X 41 41 >i o c u ^4 4J y 2 .S2 xS 8 g O t? a_o --8 .dt>: CO -- oco G 4b1n 41 J 41 41 11 3 00 o2 .E bM cfl ii ^ = > 8 8 41 O. fe 8 3 8 8 41 11 13 8 41 U oE <3 Uh 11 U On O in w CL 41 w ON 8 NO V3 41 3 41 00 3oO H-< > 8 8 8S 4-H 8 3 8 41 13 yu. 8 83 C/3 00 8 8 3 O 1U1. CL >% X 8 o0) k 0) oV "oo 9> k HUm u 41 W13 41 3 CL Uh > 3 M-H 11 3 O 2 3 B 60 1b.1n. Vh O Uh 11 > IB ? C/3 3 2 CO (0 41 _e CL 03 ** 'll 3 >, 3 3 o Q- 1 i 3 41 3 13 Uh Uhoh 13 o8 8 CL E 8O 41 y3 00 8 8 8 O 8 8 >% 8 8 u CL 3 3H o BU 3 3 41 .2? 3 41 IE w 3O * ON = in ON 8 o" On o T}* o 3 ll 8 3o E 8 0000-NLI-000018639 (0 h Z Ul 2 ui i< H (A Q5 w3"i 75 x X 3 B -3 X UJ J a 6-9 gv *o3 .'3 i'S "* 0 ;7=3 23 5' / -r* v - V 90 4> "CXEA C3.Sl .4j o a 13 a -;Sfloisa t*) `5C J~ < z C -- T3 : 43 L ' 73 t O2 sE S3 'SO U_ sc : 3-1-3 3. : u * S u ,z.r: =_ .s a 2 " a* 2 s aHo Z o J < ifllO zz< Ed S o O >> H fi .s Z 5U 23 Zo o y >< * i- z CB Xi _ a 3 >* 1 o| 1 a S z u <N < s a > u >Z 2<S o 2O o .2 : O' u = o- . U Ef 2 g2 -o3 25 cs o S ts o --X w 3 3 x O O5- y G. <J im 2 _ * C /p5 ! = ,1 a g ,= S | 8 S << o X ; C3 XCO X.(3cA m</> xf3 -Wa 33 o'Ji 2 a5 a J w 5 o L-- ^ X" 3 J3 w5 o 2 lsu--.2 5lv-?-ess* ; 2 c ^ o *a 2 S g sa aa o--j - o a -S o . ^ a i>o> n .y eOy 8> Z3 dU 3 O-^ 1 \!s S-B O 2 113> -Ti-s3 o0a3. >* a X w^ 2<O2r*33u-r. 1C3 20* 9 fl K1 p ^x Xs ---r xw o75 V , Uw foj 5<US ,; W-fl.f - -- T3 -- ^ " 2 E X-- .. aX*sw _e3 X4* .4, as 1^' i'S^ Eu o3al 13.. gj ^ 05 cO C 1 Qv. 4w3 ^ -3 ^ <^2 = s 2 5 i ^a o a b S| g .a 3 C a "3 *a 2 i 1 *> wz JO2 S4JT.- s3 <2. : co 2U 3 xSos J S .aa2 -^ x3 So 18/5 5o. -c2x*o ^^;5 x.fj a 3 = H SScTl 2q , >n, Ou ,,a.gaxi 3a *= 3O g .E- o^ -a.a vc "3 g T3 S u o ea >> .au au 3 * o >* T h is re p o rt has re vie w e d N a tio n a l L e a d C o m p a n y 's o p e ra tio n s d u rin g 1959, and its fin a n c ia l p o s itio n at the end o f th a t year. c c1 4> 4) X o a. E X C/2 *w cd X3 -C p5 d> a, 73 4> c^ S73 2 'is u O `*C^O `3 w 3 -D c o a a> -C 3 JD J= c X5 O 2 73 C/2 flj O C/2 J3 c o u c a2 Ci/2 o 4) JC a. S "O c id c 4) 43 _C2 C/2 44>) M0 4) 3 c c o4) a> ; > a' J3 aj ^2*3 .2 9 9- ^ == o U ^ CC -3 o cs .2 <Mu 3 11 3 =E <*> 00 C 'H a> "g H -3 *c3 gi 2g o *5 >c> c5w CJ 3 O u5 j : .- HS _u 3 1> 2 e o^ Ja2 C5 2S . C/2 3 ts 3* ^ ou W 4) a . 5 J5 <D -- X cd CM (A 0 o 3M "O 0 0u ? a. & I8 x: x: ^-- 2V92 TC3 si .S c/3 2 o J3 cu/2 cd 4) o >> CuM *C2 c .2 c cd Q. X 4> M s> 2o &S 3 a. c3 C/2 > C s cd a. E o -U C 73 28 s3 uC 00 '*3 3c s eu 3 *2 O *s g..3| c 4> S a a E P .2 a> > 4) *3 o *Th34 d O CQ O X) 05 id s 0000-NLI-000018640 n <N <n -- r- m rj rt ' SJ. 0 10 n 3S o'i-' n <n O ! rf ; '0* 9 rrj <nn ^ i, i ' i, Tf 4-v ;--! i iA ^ i M m tM in <N f- h : i # a en r- h- in en :^ t- : ! a s co OS. f H ; ^ ; M en ;^ I^ 1 30 1 m : -- 5.) S '= o or- in m X 00 00 m \C OS (N r*. sO M 00 <n >n 00 CM 00 " oc r4 <n en 2 S1 sO h* en * en t-T N t- en en m ce en in in co s'S o rsj c `u -O >- 'B3 C3 5 ' . . s'S ON =u ^ xO: 3 co 50 . . on-*0n0 o "* 3 <N aJ QO rt t t 00 ao n SO smn m cn (^i o ri sO r> ;. rm** 1 X r-~ sCC4 * 00 r* o r--- <n r-i r<nf sO 00 (; m : :: r< i rf in 0X0 c7 n in X <N b* i! l s i CO 1 in f H CO i . ;j fH ' i (N co ` i FN ci r- 3 FF ! ;1 sO FH in n " oi 4 : I' O Z co cj O a ac -ca w a S t o Z o3 co a. e_ 0 co O 1H -O < a. a, Q S uuu Q 0o) .. c " "O F Vi O 32 3 Qi--..2fc- O c 3C/5 a. OU sc- oe l&E UJ o S! in --* ^ i: * 04 ; <D o' Tf X SO 0>4n Tf F j } | 0 C o O r- r+ t- oo t- m 00 eo eo M O sO o MpH 2 o en^ to S 3 co in Of Fs in t- r- qo t>T en cC 01 sO o o | in in in C4 aFs^ en s CO ; j 9 I s 0- CO o 3 CJ c3 Mn 3^ o -- <0 w o-- 5= Ei a 3n u !Tri raaj - t- -- =` is 4E> . C QO O> o5 UJ o o- O --(U co S-- ^-<Uo0rn4 'C3 tOiJ Cc<j *--* _ 00 j_Jo3o5',"s'-e 2^0 if ^ CO " ao* o *- 04 OM $ so u 04 C/5>/--} -Tf JU ^ X> 0 ,, ,> 00 0) n <DuJ O--S 8S gn gl CO --. C/5* = * 5^ 82 u O a a4> s_ o 04 o Zo 13 O o Z c .o Q. O o 0 u c. 3 4> CT 3^ co v Icaj IZw V) <3 rot fc Z 'EC MCfl eo JJ i. oS u *r fi c3 o| C/5 /s to ^ ^ Wo *4> wZ "O3^ O *"1 5 c 25^0 5 S> g3wn c 23 oo 3 o 4J 5" S5 vo 0\ CO V0>5) 0Vu>3 4) co c/i 7 g w o o rJ=> >om suS" or** U . O V* 2 .i *2 c oo 85 0 cco ^^ --cfta*4N)- *un Oo,s. . o 3 c c 3ON c oo.2 w.SDUSr3A z - OS 1!^ a*_ ri > s$- u <N ^ 4> /5 CcNOoXSOJ o-JS s D, . 49 in o <0(A co Cu <N 0000-NLI-000018641 <21 o 10 3 a k 3 (A (8 f>i iS n. ft tu 1 O 5> 0 (0 c 8> E 8 ) 18 o L. On O' oo NO nO m ; -- q. ! <Hi CO r- i in , o ON C-l 1 j't,! m im! 1 X CP ip CP r- | 4 Mi Ci T^_ 1 IP IP Cl; o An CP CP ; NO,' CP ?P IP CP | ^1 OJ W H. 2 >, 15 ?s I| uO eC O A "yi i-- La 0J/S *. >:> o C^C a cp _1> IO T--J *O7 O VL- TD3 Ofl -W C O St C II S'-aE2 2 o a to - - a. *=? 3e u> 3Q. ou L- Q* 2--C_ 2V-J L. x U uj s. V Q^ acd, u ys. o JJ O ^ *3 -C P O u E o (J (0 c E 9^53a ^O V<a> O3Qh k, ^ *. w *5 35 `-GS CLP 'Ou \B%i }* uM ^Ji * - S : *- o i1 c5 u j--s <xuu g * g." .a sS MfMl 0 c 1c8 E Eg *? s o "s M (J II 05 I- 2 2 S. wn D G-- 4 O' -c H O O id a CL C O to c u >, u * a o o jOo V o* (0 "3 *8) 0 .2 g gO z 'o" JO <L> * O-a 5La --3 3 > aP Og 2 C 8P s --y^ 1 f OoEE S1a_5 o-I Qu -4c) irt > a jI o f-t .V) -- .35 -r .u NO H - JH< s c 2 55 2 C U "3 ' ^ 18 s: 0^ 0 0c tu 0 c 0 E 8 ) 18 (0 CO 00 ao (N -- OJ r- oo rf n o 00 o oo oo in 00 ^ rM sc m On 0O0n mm 00 OS ON 00 CP m 10 r-f On *n Ost^ oo" -- O On r** r*^ Tf -- NO pn NO in oC r- -- ON Tf in ON cn CP r- m NO r- NO V* r-* io ON'- N P'" o' n o r^" oo -- r(N 00 Tf 00 ON CP t j * (A w On Tf O CP ep Cl t It COA to A IP fp 00 I/O Cl NO o' o p-T IP FH IA t- fp W r* ?n) 'O t- ^ AN CP Cl t N O' Cl C* ip (N t IP Cl Cl f H O nO CP to o eo t r>r eo to rt M n O' CO Cl A 5 IP 9 A m oo CP ON cp nT -- CM <N On rOS Tf & fp CP rf n O_ Tf ON ** i t CP 0s ip hN An n0 IP TP cf ip ip F^ IP ''t Os' IP O o Cl A --o in -- -- * --" so m mrn -- ao NO cp -- Ofc ~ in SO s -- ri r*^ cp Os ! On | Nt JO, Tj* Wi t nO r- ! N h t t^ Cl t^. CP TjCp ] Os : rC : Os ) n 1 j in ! 6* i 7 3O 2 d a <j c td * pLa cd c M 00 1) JD "cd T3 C ccd -o c o(J C7 c 0 cd a 00 c D cd 3 -- 5 V) GLa 3 o Z s--' <Qu. *o 1V3I oO O a a S E o 00 c cd W au o t La 1) a >> ocd. c *5 3 a 3S CA O *3 g w .5 cd w WZ td <d -c j= ifl M & Q, r*- \o* |g <A t5 "O "O ej Fa u Cu a < ffl ccCd/Oi CCcOOd uU GG oo o !0 c o S 6 oo oc a oL. a o. cd c 3 _3 < au. 3so 4oJ G cd UJ NO <N 0000-NLI-000018642 Jj*.| CO *" * OJ "C3j 2LP> . O H 9* . O O 30 * ><!C / U J5 ^ - r - S sail 23 " C P . 13 Hi = a <~ 9 o oC^n , c; = o r> rf <N i/N CJ C- re ^ <21 y? .*2 y 30 co ^5 CJ ^ 3 * yo c >- - ,, JD 4 = ? S -3 3 = O =_ JC O ^ >*'=* ~ ,*3 . cc 5 yn oc E,, U i rs y > " . 5 CJ vs W VO c-- CO a 3 1s 3-^ .c U^' 1) 0 -- 3 'a CJ 4) ' 31 CJ 3 CJ : - 5 *3 ^ sd < yj J5 A 73 G0 ul_ 4> 0 <U CJ CJ aa -- cc oo - so r- rJ. r*i : p c ' 22 0--0 ' O\D' ,^* --^ N-- ll Ok C-- Cl vn 2l <0 ~ -- PC OK -- r -- I oo oo O. v-i CJ 0 V CO *3 -2 s c j -3 V-- uo o o- CJ H W s E ao ' .su & =3 C 3 -- 0 cj ^ = J= " -2 c ^ S^ Sail) O 4> cj y S .5 _ c 'S 73 -* 3 2^31 -c3 uor-t gg a <-> U ^ X> ^ c 73 . c 5O w-ft >C3* L. .ll e a a s. 1 js *c5o !Xj j <cj x - x O 73< . c3 -- .1 i "3 = 3 C J S E "= s o 4~< 5 S*3 ^-S 0 C w <3 <J -- --< = c-^3 - .3 ^ ^ 2 > 3 3 - C ^ "3 H ^ 3 c y) 4) G0 3^ C y2O 3 y 4* E g- 2 or o S (J -- a u | C1 ^ = ^2 f u -C u w w <J 3 w s> a 3 ? J* * J3 > c w0 j- -o S 2 u "3 1) 1S c JE u -c S -.2.2 , = -3 ;3 'Si'S 3 -2 g " O0 " O <M 0 u= 1 = O 00 a-S Z .a o o 2Z .a o !_ U a5 Q" 2O3ac < s :s .a | -- ^5_2.5/3 2^ Se; ^V .-C" *35 *.23 > c <2 3 y *J C 0 % s: g C V) <c C c ^ w 0# 3-5 >, C y a u j 3 >, Jlll-O J " a -- n. *y- U- ac -y- =" ^3 ft'" u i 5?^ ^ :l JC n k ~ 4) V) ^ -c ^ -- vc o. O' O-- -or-' c O. < 40)0 "yU JD + 3 S > S= S = 2 w- 2 .3 ^ w ^ *3 ^ o js 2U <8 *85 5&*gS -0 ^ oe5 20 5 ;U U = a 8.5 PC ^ -- 00 s *2 c, 3 C CO ^5 -U 4) -n |C Ei irt 0 g * .s? 73 J5 1I tfi a u-- A 1> U J =5 Is- a0 .- c 3S va uC oO *3 ca 2O *3 73 <? Ug a . a o. soo a .2 e a o .S 3 a. 20 Ov i k JD .5 v 00 co cM " " u c ^co -- 3-*5 o' c a "So ^ v> W mE ! tS-> OS ** Ci, to s =^s 4J _r\ ?3 CJ 73 Q JJ c- ^ O s ^ `C 2 .-o 0-'S P vd 1-S .2 2 --9 <0*- a 35 73 ?3 73 ? --O 02 W a 5v D O. 4> o u -3; -- uV> 00 li c o V5 W Cfl ^ Q 2 cw a W J -C -2 a -- -- O ** T3 75 3 g ^ `S W 2 C3 n j s " C 0 C - '^ a. o. c c 3 O cu >, O ^ C of O 9J JZ J= CJ w 7T CJ *-- E o O a os S5" w " V b> 3o Sb c <8 *3 " ^ ca* g u co 4 4) . 4J P ^ 1,c o u 2 T3 4) 3- 3 CJ< <0 E u S >s c 2 00 ** 2 o c .* E 2* ,23 u u 2 S'S-5 Sc D c o <2 s I-j i st-i-* c m.2P c2 3 ,w0 W <4-` *' >N ! x> *"3 2 u af fc_ CO 0 'ua 25 P "s | 4> ^ " 2c w O On < <- <ci v) On . E o '20 1i sS;- -- . ~Q (A J3 C8 C E- ES - " C 2 '3)rl C C vj co ** tC.O 1 s- 4> > OO VO .`" =5 g> C CJ "o .5 = _77 nrAo <A (/) 5Q C5 y~ c/i s2d "S2 3 **- e !a'i g1 " = |S s | - S-<N -73 S(s s S O c j ^ _ co U N CC 4> v S -3 ^ *3 & Hwcpc 4> C 3 & ^ , , . ^ VI ICl -- -- \Q Tf 3\ C C C -- _ C; 00 00 */ PC C- wc _ . ^ . Pv 00 O t ' C rr SC fP) Nf w VN TT p c s a5 %s gr. 2 MO SZ 2=8 O^ ZG Z .a> jd e 38 W! 0 - 00 00 c; , c00 c: '4, ^4, c so KV 7? O. 3E W >. o 73 C-- v) 73 2Ou r a> U <k< *Sc O itUu, 78 -- *c > ^ -c O aa = o ~S = Z a a a. oSS c.E-S -eG.Oa S co I; 73 N / 'J pr w . 0 u 73 0000-NLI-000018643 ! 3 3 33 33 3 3 s 0 A k r4a) H 3 cn _ > K k A >0 e b 3 2 S 2 o m i--i 2 35 3 33 3 t f-l m v> JSS o ft N11 ob* O K < >. 58 1 a sU S a Z yi) MASTER METALS, INC. C leveland B attery grid metals and pig lead <0 0 D i'i II * i ij!aaz il!Ito > 5o z^ uS Z- teu ii c <o z (j 4o Ou -J- >% O 2? fOt UcJ z <& uso o < oz o O o Z > z < a. *> %S 8g 3~ 8I z1 2 I -3 =8 8 uc ,s I U 'S vo z 2! <N IO a= <* u 2> .ts* <= I- 3 E 5 3 0 F m S 0z < V) w II P3 1 0 > J J 2 <Si x < 21 F K< L 2u z < so oav uj c UJ c < Z Z i -j J= x < as .O z CQ Oe --N U80 .<A* CG <0 * sq -o i2s - S V> * . *i me 5oc 5 O2 S< 1< S* J=! Z^ Oc Ou ou Z -ft Q <5 a aO UJ la Sa <= u. ' Eo ac c o-- "O Jeoo Uo 22 uj v 11 $a MAGNUS METAL DIVISION New York R ailw ay car jo u rn a l bearings and lu b ric a to r pads; diesel locom otive m o to r support bearings; screening plates and special valves fo r pulp and a O i 61 9- UJ <* U> o -2 Sj- Uv zZ (J C u =5 4> 2 fC4t> w;/) Bc JO 4) _"3_ a 2 = 2 Vft cV3 Z 3O C3 ft 5 is oz Crt (fJt M > a el <5 uj ^ zZ Qa.. o > 5 o z ^S 0*4 ^ s' 5S oi a oa t1_2 -sorf *fat 3u 3 2 -8iD- TUf3j i/t tb -J oz o < IiSn *j4 gCQ R cfl ui z o > a o ^o og S 53 2H ^ So S? 2 x Sj S z3 2 > S o z u < z < u* 5 1 .2 _ > c z> o 2 4> U 5z n - Q Js ^ 3| s= g tC -c 3 iK > a a si ?I 5 .2 ^ Zi g3 < S .2 o sZ h 2 0000-NLI-000018646 05 5 5 $ >u x. ^>c x^ x a ^-5 O* r\ a * (0 H Ul o <h *a3 h (A = ' 5*3 a ul Jcc in -`n ** h i< | Z S < < C/5 0*3" Sw h SrUsi a^06 u J = 111 I r >1 ^ B A R IT IN A DE VENEZUELA, S A . Caracas O il w ell d rillin g materials BAROlO-MAFFEl, S p A M ila n O il w e ll d rillin g m aterials 13 Isj 0 2 o* 4 -- V I* "* c rf' oa 2 <= s!JiZ U < TS *5 cm <S K= "*-S S -3 Uu. =5 *_ =-. Ow ac or << 2 25 2S Z-=P <a b z< c.S o> -- 1 utA u. Tl 0 .? M > -- is z2 a 5 = OCgc u .2 J2 Jo < 'i : >0 UJ -- ' sc2 M<< 23 ~c cH <1 < L o2 a .5 o ?3 ^ C-2 ^ aj e 3.2 I 2 ="5.3 := <&- Z-3 |" a -a .9*13 S-<JUi u -C O .2 <C Za Oi 205 >' y T o 5*o> w 2 S.g S S a On w< Tg3 2 -J33 ^ 3 * 1) <^sJ " a . Z 9 O -Jo Oo 4> Ou zE o ?, l/t 2_ ! --u 3 .rf ui _ 2I 0a 1S OU oo QA ! S. 35 a3 z-- -"I w p* sa . 5 O U -. 3,,3 > -a.*gg C aj a 2'"3 E'ia sp: O - 0.0 111 `Pi < o* " Pu,?*c" cB *3-3 < * cS oOa" 3 < -g ^ i 5j IS u 2 ee. 2 t Z u^ Sp >- * ou ^,i 35 g 2=5 f3!* ia?-z7. 3 &A afi'S. o2 Z2 S fP yl .-- My -u ao Op a pj2 . a 8. JJ C/5 eS t- B <1 ,.S 5P < 8 II z HP < O rZ f** 2< E 6 rt >U5 g3] ^2 S >* V B. *; o 50 z 'O eo 0000-NLI-000018647