Document G5EKyyQpdK54jgYxqvgO6myBx

Cleveland Executive Cleveland 8. A. Martin, Tie Pres. & Gen. Mgr. ' Jane 38, 1931 Detroit 'Shite Dead Work* Abstract -May 4V& j. *.' ' \ Sales all kinds $376,847.00 Collections $388,634.00 Accounts Receivable * (Kepreeants a little over sales of last two months) $987,848.00 Cosh In hands of Salomon ' Teee 'than 'April' * Marsh Present ratio to Expense $3,406.00 1,500.00 3,570.00 47. Treasurers Dose Account ----------- :--55W5S-- $84,698. CB Xhie ia mi account to which losses on Re-sale of Raw Material hare been charged* The meant shown i retv- res anted by - Doss on Turpentine ** * Linseed Oil (x) Wood Oil w " #t Dry * f83 Dry $70,311.74 6,165*80 $.378.56 1,376.04 536.89 mjmxs (x) This dooa not .cover the total loss on Linseed Oil, which . to Bay 81 ia somewhere in the neighborhood of $130,000.00 Judging ty record of IHarehase* and Salon. Have ` 'Tittun Ur. Home for & detailed statement of the Linseed Oil losses and to include the meant in this Special Does Account. Freight Allowed doaiiftaeft to grow. ft no* stand* at $33,808.00 (las t year $19,763.00) which is 3.3& of Merchandise Bales. Wo Wrote to Mr. Sums respecting this and bio rerly fcHs been received and. passed to you. .. N17538 Sheet Ko. 2. 0. A* M. Detroit White Lend Work# Abstract - May Merchandise Retome This account $78*584.00 la tremendously in excess of last year (which was $19*8X9.00) and la 7.8# of Merchandise Sates. We have written Mr. Lott with reference thereto hut reply Is not to hand. Have repeated our inquiry. Q teroharftss & Errors In Billing This account at May SI was $66*763.00 bit the title is misleading. A considerable portion of the amount is re-sales from Whteon-Hallett Company, Boston Dis tributor, and approximately a third le allowances on account of price decline. We have ashed Mr. Burns to give us the amounts to May 31 in each ease. HUS Payahla Unchanged since December $303,500.00 Accounts Thyatlo (S.W.C<0 $307,478.00 Has grown $305,000,00 during last three months. Last year at May 31st the S. W. Co. owed $118,363,60 to Detroit White head Works. GBG/B Executive Assistant 0007 SWP 000033569 4a DETROIT WHITE LEAD WORKS Mr. G. H. Griffiths, Executive Assistant Subject: May Sales Report Detroit,Mich., June 15, 1921. Answering Letter of Dictated by There is a difference "between the figures shown our Abstract for Sales Merchan dise Overcharges and!the figures shown on the re port of $5956.96. This is a single item in tetritory 200 which was posted in the wrong" column on the journal in May. This error has been cor rected in June and the balance of the figures <ra the May report have all been verified and proved up with the Abstract. Yours truly, JVC P N17538.01 0007 SWP 000033570