Document MJQZg2QLnmbEMyqzj1Bw0N11x
X'TBr "A - `Annual 1'e-tir.g
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HASKINS a SELLS
Cin'i'-to u. C ACCOUNTANT
ZZ CAST 40^ STRCCT NeW YORK
llarch 15, 1935.
Lead Industries Association, Draytar Building, 420 Lexington Avenue, New Yorl:.
Dear Sira:
'fe have made an erarinatlon of toe accounts of ";i:--sscciation fo~ the year ended Dec*-"-. er 3i, 1?-S _-.i ..rest..'. -ur report ccnristing of the following:
our certificate.
-aia.v'e .Sheet, 'jecer&er 31, 1334 -1 1 333.
Statement **f j&sh Secei^ts and
roosts
for t:.e fears Anded Decerfcer 31, 1934 a.-.i
1933.
Yours truly,
/
FEUEKAJ, TRAi/E COMMISSION-,
<-*' *
v-
N 4141
5543
HASKINS a SELLS
ttI r CD u4-'C tCCOUNTAMTI
ft
22 CAST 40~ 3TBKCT NEW YORK
ACCOUNTANTS* GKBTlJTfUTg
Lead Industries Association:
Je have made an examination of the balance sheet of Lead Industries Association as of December 31, 1934 and 1933, and of its statement of cash receipts and disbursed meets for the years ended those dates. In connection therewith, we made a review of the accounting methods, ex amine i or tested, ir. a manner and to the extent which we considered appropriate lr. view of the Association's system of internal accounting control, accounting records of the Association ana other exporting evidence, and made a gen eral review of the operating and Income accounts for the years 1934 and 1933, but we did not make a detailed audit of the transactions.
In our opinion, subject to the foregoing, the accom panying balance sheet, with the notations thereon, and statement of cash receipts and disbursements fairly present, in accordance with accepted principles of accounting con sistently followed by the Association, Its financial condi tion at December 31, 1934 and 1933, and Its cash receipts and disbursements for the years ended those dates.
larch 15, .1935 . FFrrnAf- 'T.> nr r^-'MjssjON . * LmJ / i V'hf
N 4141.01 5549
LEAD INDUSTRIES AqSQCIATION
BALANCE SHEET. DECEMBER 31. 1934 AND 1933_________________ ......... DEC-^BHR 31,..
________________________________________________ 1334__________1933
1SSSTS
CASH.................................................................................................. FURNITURE AND FIXTURES (at coat),................................. AUTOMOBILE (at cost),............................................................. DUE FROM KEA2SRS - NET.......................................................... ADVANCES;
For traveling expenses,.................................................... For Cole Authority expenses,.................................... MEDIC 'L RSSEiRCH - EXCESS OF PAYMENT OVER CHARGES TO MS13ZRS,...........................................................................
TOTAL,
$ 7,015.39 352.25
$10,834.48 2,704.76 295.00 398.75
500.00 1,950.16
50.00
1.535.25
GENERAL RESERVE................................................................................. <11,353.05 $14.282,99
NOTATIONS:
No effeot haa l)een given in the hooks of account or in this balance sheet to accrued expenses at December 31, 1934 and 1933.
During the year ended December 31, 1934, all current and accumulated costs of furniture and fixtures and automobile were written off to expense.
N 4141.02
tiiM
5550
-j
LEAD INDUSTRIES ASG0CIA7IOT
GTATZMENT OF CASK RECEIPTS AND DISBURLZIZITS FOR THE YEARS SNEED DECEMBER 31, 1934 AND 1933
_______________ _
YEAR E!GHD HECE3GSR 31, 19341933
BALANCE AT BEGINNING OF THE YEAR
$10,834.48 <12.164.4k
RECEH-rS:
Fro members:
Assessments:
IQrl Inary budget:
Prior year,........................................................................ $ 761.50
Currant,............................................................................... 33,396.75
In tivvce,........................................................................
183.50
I Foreat Products - Better Paint Campaign,........... 13,57 2.50
Plumbing prcmcEToc'con ributIona.................
315.^5
Interest or. ' caKV balances, ..............'...................................
Book, sa.es,.................................................................................. .............................
X
t34,983.75 412.75
23.55 1..3S
Total receipts,
>8,834.50 _ $3*j433,40
Total,....
$53,658.98 $47,6r2.84
DISBURSEMENTS: ordinary budget: Sryenses:
Salaries.............................................................................. Rent, light, and aater,........................................ . Printing,............................................................................
Travel expenses,............................................................. Telephone and telegraph................................... Books and subscriptions,........................................... Stationery and cfflca supplies............................. - intert&iaingr luncheonst etc.,............................. P*ewlw ot treasurer*9 bond,............................... JExpeeees of animal meeting................................... -Aaa jolatioir 'dues.............................................................
Technical research,...................................................... i - Professional ssrvress,...............................................
Postage,....................................................................... , `v^Jdacel laneous........................................................ ..
Total expenses,........................................... Advances for traveling expenses - Net.................. Furniture arid fixtures,.................................................. Automobile,............................................................................ Refund of membership assessrent,............................
Total disbursements - Ordinary budget - (Forward),..................
$lc 81 $2 1,575.CO 40 ;,60d.45
6,565. 5 9 V Ti 7 ** 54
7,396.64 - ,173.24
831, 17 OH , 43
7'., 5 3 '
2 s' "n s'
1 ,593.07 . l-o.73 3o4,42y 5o5.40v 31'. 00*
15^ 7r ' **. S
45.20*"
14.00
`^69.15*'
65.00<
^jT827.53 Or* 527.87
>^ [285.12 ^
97.64*'
23,832,94 v3'"341.91
455.'0
5^.50
434.59
475.45
2 it. 50
11.50
$23,717.53 $36,768.36
%\i k U-J3 fcg*r,Miv//>tf|
(Cantirrued) - 1.
5551
N 4141.03
LEAD INTS.'Sd&LSS ASSOCIATION old l El1NT OF GASH RECEIPTS ALT) DISR'rRPm.'Xl.'T'g. ETC.________________________
_________________________________
TSAR ENIKD DECEMBER 31, '193*41933
TOTAL - (Forward),.......................................................................... <59.658.98 1*47.602.84
DISBURSEMENTS - (Forward),.................................. ...................... <29,717.53 <36.768.36
Plumbing promotion:
Expenses:
Salaries................................................................................... < 3,825.00
Travel expenses,.................................................................
3,500.58
Advertising,..........................................................................
120.50
Printing,.................................................................................
*49.149
Mailing.....................................................................................
27.50
Miscellaneous,......................................................................
590,85______________
Total iisburcements - Pl-iabing
"*
prmotion............................................. < 8.113,92______________
Forest Products - Better Paint Campaign:
Expenses:
Salaries,................................................................................. <4,860.00
Travel eiiercss...................................................................
3,606.32
Printing................................................................................ ..
453.10
Mailing.....................................................................................
147.12
Kiscellenec-s........................................................................
2 ,322.49
Total disbursements - Forest
Products - Better Paint
Campaign,............................................. <11.326.73`______________
Medical Research - Payment to Harvard Medical
School, less charges tocooperatingmembers,.... t 1,535.25______________ Code Authority - Advances for expenses - Net,.......... < 1^950.16
Total disbursements,..............
BALANCE AT 2ND OF THE TEAR: On deposit with The Chase National Bank of the City of Mew Tori,................................................................... On hand.............................................................................................
<52,643.59 <36,768.36
* o,.-ut.J9 <10,734.48 .l,o.coloo.00
TOTAL,.................................. < 7,015.39 <10,834.48
m>fekAt^ace
Jk i,iSi buM'i U|) 1. / /> /f|
(Concluded) - 2.
5552