Document J0eg32jrZR3KRLvdjJGk3boO

Annual Report 1955 t & 7k*Sh mmw in -Wl u a ms Co . .i 0007-SMP-034833 N21750 Th e SHE*W>N-WlLUAMS Co. , . w. irniML h mw t Wb pan! herewith the Coaaoiidatnd Balance Shot and Ceaaalidtted laeara* and Sarphre Accewta af TWa 5Wwia William Cotapany far the fiaeal yan andad Auguat 31. 19U. The aamima befan Federal lacmaa Tea and promioa far the Pant Flan an OMIl.nU. Themeant aetintaladfaaFadarafIncaanTaaialll.y73.10d. The allowance far the Penaion Plan ia 22,700,000. The Baal cenaalidated net aareinge. aAar all dadaatfaaa. an 111,979490. Hue aetaUahae a ata high regard afaaraingaia tha Caa* (Mgr'ilMtar. Tha art aawont rarud an tha 1.277,IM iharaa ef Caaiatna Stack ontataediag, after dadacting Ptefarrad DMdaada. ia MBpacahan. Saha again inrpaaetd thaaa af aqr preceding year. Conpared with laat jaar, tha iacnaaa ia 4 parent. Ceaaiuair product* which coeetitnte tha ante balk of tha Cenpaagr'e *i iiiiirr tecwod a paia hath ia ralaa and prate, fadaetrial talaa alaa caatrihatad a Urpar rahoaa aa a malt af tha nutated ceaditiaaa ht tha iadaatrial Md. Sapar Ktaa-Taaa aad Saafih tha eaaatry'a leading taiahai ia wall paint and all pwpoM meate! rnpeetivetjr. w still namiag ihttd of all prerioer years' records. This year to Kemliae passed to cm baodnd milliee gsllaa marie siaca to intrcdaOie* of (Caas-Tom aa a* satirety am type of wall paiat A major portioa of tha iacraesa ia this year's eeraiags o*er tha prooioea year ia daa ta largsr proitt to* tha growiag apoaatioaa ia tha rhaminal. ealar aad eaa dtvisiaaa af tha Compaq- Farther etpratiaa plaaa an aodsr war- Tha ceaatractMa of a am eaa plaat coating aboat tMOUH ia aaar eaaaplatioa at Saa Loaaha Catatonia. ohich ia ahaM ta apply tha needs aot only af ear aaa plaaa a to hdic Coast hat alaa toaa of otor rnmpaaiar At Chir^a a amPhthalk Aahrdrida tot U ia epemtaea. Fhtolk Aafaydrido ia a home iagradisat af aihyd raaias tad plaatidawa. Appreai matalr a itaiina dollars hat baaa appropriated to salttgiag tha toKtka to to ptoaatoi af fhratroaal. Wch is aa Uapartaat ehamical hiaa to a prodact need phciialh aa aa additive taairplane fast aad tabricaata ia gaaaral. 11 alia playe a part ia to aiaaahatara af orgrair cetera. Aaator plaat am aadar caaatraetiaa. raeoM* aa rapaadilaio af aboat tUMM ia to to prodactiaa of Fhtoletyaaiaa Sham aad Greaas. Tha colon made fay this peecaae are to highest qaaifty Iaaaatariae aura sohstaatiafly higher thee at to daaa af to yreeadiag year. The largest part af this nrasas aaa ia tiaatod gaada aad ear to smalt ofa program to toothy * Gnatar Dual thaa waa placid a* rtmrch for tha iiwwwrt of tha Caapaijr' product! ia alt Uaaa and tha dwhpnnt of mw oaaa. Qp iatradacuip a tuba qratna for miasap colon, ao iaiaita vafiatp ofaalai baa oo* baao placid at tha nn>ica of tha Anancaa bana nonat. lo additjao. battar Baiihn at* caaataatly batap avolvod that an "tattar anda" to mat tha girilt Midi of tha iadaatrial atarhat Tha anaapaanat ia coaCdaot of aa na ptnriitp poInitial siarhat for in pndacta aad la pnriap ita nanpawar to taka fall adraotapa of thia ptnpwt. Apaia tha naaafMMat a^nana ita thaaha to tha orpaaiao. tjapfcritaBaa^iritafaotboiiim lad ita foyalty aad aoppoct hi pwitiap tha iotanata of tha Cna^iay. PrtAdml. 0007-SWP-034836 0007-SWP-000116256 0007-SWP--034837 0007-SWP-000116257 CONSOLIDATED INCOME AND SURPLUS THE SHERWIN'WILUAMS COMPANY AND CONSOLIDATED SUBUDIARICS YarM AufWtSl, MS s l i m. INCOME ifertkafarnMAupat I NtalfMaMaai *a kw<f mb aFtakiap mm t 0007-SWP-034838 I 0007-SWP-000116258 AUDITORS' CERTIFICATE SaurfefDirKwa. Th* 3htnwVaUuu Coapanr. WatMM fw^iiy and mnMlwhwd mtmUum at <f AufM it- mk MCI ti dH tad tub obm pao- Owbim.WW ntfc that at tka fmr tumvmvr CvtdMNUfcAaaaa 0007-SWP-034339 0007-SWP-000116259 THt SHtfiWfN'W/lUAMS CO. WtafaAm.!tV. hmmrnmmt CmMOM M<W<II1MW< . (an* <M. Ik* CUm Ca& iMV'Otna' HM Oka OMturt. Ci< I uiij. CaL DA. (EM l &k mSmT CM VKI1 uwTMr TMODi'WUbH cvDcuwrr Ofmn Krn.tmm.tmtm MlUT.tataM 1JICMUMMAmtmirn^ lDWBMDiMi K-IVAM mtcVmKmlm KMUtan TmmftrA0m fjfmtn emntM.iAVBHM.um k>M*l r 0007-SHP-034840 0007-SWP-000116260