Document BvGEYGwMEaDrEooDa1Xg3agvk

HIGHLIGHTS 1963 1962 i I Shipments............................. $214,668,928 $207,212,032 tf Net earnings.......................... 7,440,744 7,873,406 Net earnings from each dollar of shipments...................... 3.5$ 3.8$ 1 Stockholders' equity............ 106,027.645 102,647,921 Net earnings per dollar of stockholders' equity........ 7.1$ 7.8$ Per common share Net earnings .................... Cash dividends................ Stockholders' equity .... 4.00 2.40 56.96 4.25 2.40 55.42 AMERICAN BRAKE SHOE COMPANY ANNUAL REPORT TO THE STOCKHOLDERS 1963 530 Fifth Avenue, New York 36, New York ANNUAL MEETING Thenext annual meeting of the shareholders will beheld atlOa.m.. Tuesday, April 28,1964 in New York City. Proxies will be requested for the meeting. The notice of meeting and proxy statement will be mailed on or about March 25th. / SCI 01888