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Assuming continuation I he seventy-four'ih A n n u a l M eeting o f the shareholders o f N ational Lead Com pany w ill be held at the p rin c ip a l offices o f the C om pany in S ayreville, New Jersey, at the fo o t o f C h e v a lie r A venue on T h u rs d a y , A p r il 2 1, lybti, at 11:oo a.m. A ll shareholders are cordially invited to attend. 0000-NLI-000018760 0 co _ o o r>* 90 o o t-- i--> -*r o un n. 90 CM CM ` co in oo on " 90 CO* _T TJ on 90 H V* ** t* * in CO m n- GO 00* CO co on in ^ oo on ** t> -- on _ cm c* on <o on CM* 00 on CM CM on m o co in CO on oo" in CM --> CM 00 on CM n* on ** V* CM -- a. < V 3 T3 32 & 0 0 8 t 3 O 3-- 3V s2 QJ ^ G 3 f2 o3 S O Z Cu 3t TJ SQ Q3 O 4j S o' 5 Cr~M --g o> O, 3 in o Z 3o Pi <fl 6o oU a, Ih s- 33 W _isiV O CM " '**' C0 3tO) ~ tan -a .3 3 cr K >2 ( "3 & National Lead Company and its Consolidated Subsidiaries a> <o o9 A1 * 9 fl S) CD v At cS | na in r- 00 r- -4 CJ C^* t~ r- co r-^ oo on on 00 on " mS in r ao in GO on n* on oo n** on in " 00 CM * * 2 CM m-- CM on on * in oo m on '"1 " m" on C-' rr 0^ 00 t- on 00 on n* V CM ^ _ in -*r _ on in CM in r-T * oo on on c- * CM on on CM* " on on on n* 2 ` CM ** CM r-- " t-- " * n oo CM CM ` ` Tf'" ** G3 oX o4o^. O O CL. vs u O a. ' e s, (7 4o3 G3 fl Qo o 3 C 3 -3 *4 vs z W <> oa 2 3S<L> Ogu 3 -a .S- 3 CM 49i- a "3 a si " > O o flj V -3a - a 5I *3 S aX 0000-NLI-000018761 3 in 2E" o "&c 1w3 W= U5 .--5 3 ^ E -2 s^ a * c <7 s = .. Hi |1 -- W -- TM !% s S 3* U= O* " c " crae. isa .s .so sGv'Z K are - ^ >. u -- crae. a3 Soi J3 - 3 Wj j 4J s g >. J I .O CO) 33 . -tci re >C a 4--a 2 - o2 C 0) ol C "3 W " 3 a0 2-cj , g: s CD * = a 3 + > 3" rt f 2= u ^ 3 re 4; S 3 > >C 32. 0i.1 "3re Cl W . lift 3-- Om =- ' 5 ^ a. ^ re ^ > = *1 = 31 = 2* re a .3 ^= = *3 a01 0) 23 a= *r3e S_ *s y-. ~n tO ^ C3 S >- 5 s ac w* 5r *- 2 = 3r3r" '= > ^ E*" 1 2- c -| I2 * m o cl C 5CV 2 2a C "* re cj s-a 1o 5~ S 3 *3 aC J'^S-j ww 3nc Ccire5 SC a ^ 'o o 5 "" *yS> o<J 3 1S ? i 35' "U6*0 ..O *5 3r3 2S re- O x c--i w Z re = c ^= 1=11 uu .3!3 Cl o +j ,, V W .2 :s go 3 8 a a 0 2 S -g i S3 >c "r3e TMyj .2 - Cu ^- -f=lj 0 >C re o 5 0 u .3 .2, z <*W re ^ ^ w re 5.S s S 0r ^32 e0) i "1 M ^ e ^ 3 OC= "1C31 .a ! CD 0) +J o 2 >* re * *a =0 G csi; g " i o * -a .5 = 01 "3 jz C h .3 0 * .1 3 .3 C --h< Sa. ss A .y The accompanying notes are an integral part of thefinancial statements. m 3 pH ft fH 3 CO TJ ^ g fl .O Jh rs cS -33 "H ^ -rl "<3 3 8 ^ "<c5- S' s CJ 5 o^ 3 c <3 I-H SIn w0 ? ss JS' " a s <0 3 2 C8 ^m 9inC )oaAo M34*0) C<--MO (O ^ w n a3r5e> aC--reJ 3^ O r- 5n Gc --ao mon --*T ocrce." XU 2 > ^ `w 00)- 2 "0 ii re be S = Tr3e tab a0). X Q (3 -o c o puox c c 3S 3 MS c o o Coj ^V2 .5 c Jr bo -J T3 fi 0 Z a- 0 CM 35 rC-0 xo Q. "pSy in c O C >. W) oC T3 C re J3/) Uha 3 *Q3J o<cj c>reM QJ z 0 1 y> U U ii o M IS c .2 T3 y) s S pO3 ii y5 y> .3 3 <4-| -- -o1 O y? G < Gi-i , 3 -O3J LrCme U j 0000-NLI-000018762 ctc = 22 M3 S =Sj <2 8u* 35 2 >, U= 2 II CC < OI i:. \h Hi ,Fo z* Z^ i 11 5 Zr " t 2 1 * Zc ! f := j ! I 4 l 2 0= hH s- 3'--s -=-- =- =n 5 Sills z "3 1 5I 2 1 ; nf 513 I HU 5 1 - -Ti = I .2 fill mi!H 7 : i 2 = * i IJ S|f i = I rs _ -= " I 11 | 1 H-2 Z -- -z =22 = 1!: f = i i-r~ I = =f "r I - i - ~^ =* , b 2J i n ii mf I '= 3 3-=2==.-" > s -S | | * z <1. S 2 ,, r- i "- -r^ % s -= 22 5 3 11 *- '= * 5 C --V _r- II- 5 s:- ?~. 1 5 = 11! 4; =~ o3 e 8 z J 0000-NLI-000018763 Tp IP- CO o GO o Pr. TP _ n- 90 -- CM TP CM CD P- in 90 _ CM 00 Tpr-^ Tp" 90* CM ` 90 80 90* CM tp CM CO * OO Tp90 CM CM 00 r--^ * TP o' CM CM r- TP Tp _ CM 90 00 ` r-T oo r-^ 90 00 CM CM 90 t-- CM NlO 9TP0 HA 90 90 o Tp m90 9o0 9i n0p 9CM0* C"--Ot CM r0r-*0^- 90 --` 9TP0_' 00 90 CM* * TP TP co aifol c m a H t>* oo CiSt0nOMP0 0ct--O0. 90 OO rCTT->MPp- -- oo CM OCOD_* ot>oT 90 TTPP`` TrT-P_ 90 r- CM CM 90 TP CO t>. r-` CM 00 90 CM** CM r- PT oo oooo CM 00 CM oo CM 90 eCTPM CT0Mp0^"* TOTtpPPT' CTMp' C--^Tt * CM COM* 0r0^00` r-^' 90* CM CM r- ao a aa in o90 90 CM 90 CTfMp CCM- CM r0T-0p- in TP CM n*> t-- 90 OO CM rTrP 90 9ao0 CM TP TrP- OO CM* 9TP0 m 0-1 90 TOTPp*' Tr-P oo" CTMp oo* CM CM CM CM CTMP CTMP* moo CM CM 90 00 CM ^ a CCinMO in*" 00 90 T00p 90 oTP_ CM " T0P0 CM 00 CM -*^ oo* 90 90 TP` CM CM* CTMp CM CM C0"0M1* CM CM GO* CM CM* 0C0M* CM 9000* CM ^*" oc ` _* r- CM CM r in 9in0 90 90 c 00 m oo CM _ in ot0np0_ 1Tfp^t 9c0TCp-- O----O1 CM* P* ^ oo 90 CM r-T TP* CO TCPM_* Tp TCpM m CM 90 r-. C-CM CM C-^ TCPM * r-T CM* CM TCPM^* TP CM CM rTP-_*" CM 90 tp 9C0O 90 09 aa CM O r- o0e0*'1 90 cTP* TTPP 90 9000 90 CM CM Tp 90 9000_ 90 CM* 90 Tp* 00 ,307 4.01 3.25 r-r _ oo_ CM OCM* 0T0P* Ttrp" oTr^Po CM tTrP*^ oO C*^ OO r0oo0CM * oo* 90 2 00*" y 9TT0 I960 restated to conform to new 1961 basis of consolidation. P rio r to 1960, certain w h o lly owned' foreign subsidiaries are not consolidated. Includes a nonrecurring income tax adjustm ent of $6,688,151. Plus 2 * stock d ivid e n d . in a a a oo tp* CO s m 00 CiTnPO CM` C0TpO0_ t>- 90 o0o0To0oP0^_ 0r-0r OO 90 0CToPOM0_ CM CM` 4.20 CM 90 CM* 90 ee" 9000 CO ' CM COTMOp CM TP* * 9TTPp0 Tp c o' National Lead Company and its Consolidated Subsidiaries t p CM in CTMp iTnP* 00 " ` 1 co* 00* o00o_ 90^ oo* TP * OO 0TP0 oo oo CM 90 CPTTpD_ c--` ` CM CM 90 TP. oo* C0M0* oo CM cr*or TCr0PM0-* CTPM^ SO` CM 90 in 90 r-- -p CD Pi O OO a u u CD aa ft tTPp T!>P ^ ao rT08P-5" ooo COXMO` t> r- CM 1 Cr0M0 Cr-MT^ CO t>^ * oO 90 CM CM 90 r-^ rTr-^pT ttr>-* Tp" TP r-` _' * T0P0** r- r-` CM* t> o' e- CM CM Tp O <w O ao CD >M a >* Pi 4> Z 4XJ tfSVt Va o c<J o5 8a c0 VXV) S3 3 5 -d OftJ Cu cVa > 3G0 C0J "-0GVo9 3 Ju<Z9 *c3 (2 C 'Wfatot "0 c3, S0 3X^? u k. CJ U% ^ e/i 2 V 15 m <cn 3 a oOGJ a ft<3J u3 '5cfl. V bo _c * sS S2 1 5 3 O u 0f<rt> o .*c2-. .faai 2 S QvCU<a^ G -2 .2 s a. io Q aj ^ w a 3 8 fCJtU* Qft fl* z<u 0000-NLI-000018764 = j 'Mk -t S^ : "S- it:-s --g =^ ^o " ^ 3-M = w- - - -r:s -- 5. -s ? - ? 3 fe 2. - .2 = -i = 3 1 OJ ^ ^3 3 j S "3 5 | f -2 .E i ^ a 11 n 45 S3 :? I si I 2 s HI 'S5 il x a._ ~W_ fj 5 = 5 -? ijii '?55 IlSH-s = "2 S2 . -S 3 li Si Sit a- t S | g a 5 2 2*1 a | a3 a ~ -a sj.2 a g 115 liltsL 1.12 s s 2 j 1I .533 - ~ - v: 73 Branches c f W holly Owned Domestic Subsidiaries P artially Owned Domestic Affiliated Companies O' >TZ % g 5 j: 9 fi 5 *o U'c-n QJ 0 o V5 h 05 o > . 3Oao , U T3 1 s j "2 C g0 O 5 so l ^ z zw 0 3 5 2S -- -- v" 5 3 3 0-3 E bO a 3 >* _0 i I ' z M ^ -T <W * ||5 aj 3 < V3 U C 33 JVjp CG H 0 JTu bJD 2 v G *n "3 =% H j=o j / Wu 53 h H* c/3-si <A.60 R* w *cc3- j-aj h-l'i tri -Cu b 3H U V5 0* c <.3 3a h 55 0 >-* . .1 bco 3(9 "*3i CL*J foi c- <J 2 a > z a .2 s 'Srt .^0 S. hi s s2 P `r g.l 1 U Q 5 aO 5 *2 O < H" CuJ V) s 75 . -_ O^ ?-3 .3oi 3^ 3> v r 3 be s ig o I 23 'C e* -c> X 3t 2 j 12 * j s -3 5s 2xi --b1eOx ^ a - Co .S3 o U be *3 J <3 !M> S .5 .a 3 - *2 j < c/5 t3fl O "cS 3 O o - -o c a1 2 -f3er "p^e S '5 o s2 " J S --3* 3 3T S SJ3 u = -$3* Z < =2 -S x3 " Z ? 33 300 3"ohe --3^ ,3 * 3 G3 ' ftfl .-3 ^ h 23 ^3 L3> - a .? 5 S^ V5 0. B ^ 3 'S3 O5 SO SO 00 o o I J z o o oo iim . O U m m M I U rU U m , O p^m U m m ,'