Document MoX58Kwx7J1yGV6j5DJbLVDdM
INTERNATIONAL 3ELTING AND REFINING COMPANT ZINC QUEE DEPARTMENT EAST CHICAGO, INDIANA ANNUAL HEPCET TEAR 1940 ***
PNYC 00012379
d .t s : no:ui. i
INCi
1Y
&iST CIUCj k CO, IDPIa NA
STjaviA-Kf Of iilKC OXIU!-. DSPAHT-'.Kiil' OPtiftiTIOKS
YS..K 1940
OPSAiTlOFS!
The muffle furnaces operated a total of 800 furnace days through out the year ranging from one furnace on oxide In the first half of the year to three furnaces on oxide and one on metal In the last months of the year, a total of 10,456.7 tone of material was treated In the muffles on an average of 13.07 tons per day. t.ietal losses on this secondary operation sere 1.37$ for the year. The average working cost of this operation was $12.53 per ton charge, exclusive of depreciation and major repairs. These furneces consumed an average of 68.08 gallons of fuel oil per ton charge throughout -the year.
The 24 retort Frenoh fumnoe operated 308 furnace days ard treated a total of 6,789,2 tons of material at an average cost of *15.03 per ton of charge, exclusive of depreciation and major repairs. The furnace burned 78.02 gallons of oil per ton of charge and operated with a metal loss of 4.01$ for the year.
The 6 and 12 door American block units operated without interrup tion throughout the year and treated 5,737.4 tons of zinc hearing materials at an average cost of 21.07 per ton of charge, exclusive of depreciation. These furnaces had a metal loss of 17,94$ for the year.
La BOH;
The common labor rate of 60^ per hour prevailed throughout the entire year, an average of 152 meu were employed working an average of 38.3 hours per week. The average monthly wage for all payroll onployees was 1133.97. A one week vacation was granted to payroll employees during the year.
Six men were employed on the jikron payroll doing, dismantlement work and averaged 26.4 hours per week.
An average of 47 people were employed on th9 salary roll for the year working either full or part time for the Alnc Oxide Deportment. T` is number includes Sales Department employees, foremen, and office employees.
APrROPKUTIO'ir:
n total of ^14,860.75 was spent on appropriations during the year, Including one secondary muffle furnace for *9,430.39, with the balance of the money being spent for minor improvements. A breakdown of these Items may be found on Page 15,
pNYC OOOIS*80^
Sheet #2 - Summary of zine Oxldo Department Oporation* - Tear 1940
OFSBATIHS COSTS;
The working coat for the ontiro plant for the yoar 1940 mas $20.55 por ton of material obarged, s x o Iu s It o of d*pr*oiatlon and major repairs. A total of 39,524,807 pounds of sine oxide was sold, not laeludlng metal and by-products produced from tbe eeeondary operations. Total shipments of all materials amounted to 46,151,862 pounds for tbs year.
zuro MATERIALS HJRCEA3SD:
Tbe average cost of 5.588# par pound of sine purchased In all fonts ranged from a low of 4.74# par pound In tha early part of the year to a high of 6.55# par pound In December. lurebases of electrolytic sine amounted to 5,650 tons at an average oost of 5.87# per pound while a total of 8,126.76-tons of secondary materials were purchaeed at a cost ef 5.54# per pound. During the year the East St. Louis sine market ranged frost 5-1/2# per pound to 7-1/4# per pound.
lb 2/7/41
ee: Mir. J. H.Bobblne Mr. R.g.Dwysr Mr.?.inlet '
Manager
PNYC 00012381
TBgATMSMT-fRODUCTIOK-SHiraStITO
TBAR 1940
TOTAL ZXSC MATERIAL CHARGED
BAST CHICAGO PLANT
METALLIC
ZISO FOUHDS
IBAD KTOIDS
Kleotrolytle Zine Croat Tails Dross OalTanlzsr'e Bias Dross Zlns Anodo* Dio Cast Dross Bosalt ziao Dio Cast Slabs Dio Cast Scrap Scrap Zlne Zlns Clips Zlao Oro (Aaorlsan Zino Co.)
Qalaiia Load oro Total
13,076,684 ^ 3,066,031 4,384,767 24,953 1,644,083 1,819,075 2,370,900 4,160,982 909,809 186,451 1,792,853
33,436,012
67.229 67,229
TOTAL MATERIAL 8SM1XSD
Subllaod Wkito Load Zlne Oxido (Aaeriesn zine Salas Co.) Otbar Total
dross Lb. 1,430,100 437,800 95,263 1,983,163
Oa Hand Doeaobor Slat, 1940
SHTBtgHTS
Morehantablo Oxido Refuse Oxido Load Tia Alloy Troatod Zlns Residue Muffle Dross Iron Dross Condensed Uatal
39,444,146 497,366 95,484 604,380
3,069,086 73,520
2,442,540
Os Hand January 1st, 1940
2,097,750
46.226,462 48,324,212
2,192,550 46,131,662
Zi&e Oxido for Trade Refuse Oxide Load Tin Alloy Troatod zlne Residue Muffle Dross Iron Dross Condensed Metal
39,349,3461/ 497,366 93,424 604,380
3,069,086 73,520
2,442,540
46,131,662
PNYC 00012382
ODTCaa OF KKW .'UTSHIAL TSAR 19*0
TBSHCH PROCESS Toms Charged as Zina
SAST CHICAGO PLAHT
TOMS 6,742.6
____< 100.00
Beoorersd as also
Merchantable Oxide Off Grads Oxide Metal Loss
8,410.9 1,061.4
70.S 6,742.6
80.85 15.74
4.01 100.00
3UTFEB TUaiACS Tons Charged as Zine
3,610.6
100.00
Recovered As Zlao
Merchantable Oiids Off Grads Oxide Zine Residue for Raritan Other Residue and Condensed Metal Muffle Dross Metal Loss
5,068.8 171.1 29.1
2.161.6 1,064.3
119,0 8.610.6
58.83 1.99 34
25.10 12.36
1.38 100.00
AMSRICAH PROCESS Tons Charged as Zine
4,281.7
100.00
Beoorered a s zine
Merchantable Oxide Metal Loss
3.513.7 768.0
4.281.7
82.06 17.94 100.00
PNYC 00012383
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PNYC 00012384
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PwyC 0001S3BS
DgPAHIMgKTAL OPERATING COST FSR FOITTD OXIEB TSAH X 9 4 0
KA3T CHICAGO PLftMT
January Pal>roary ilarek April Hap Jana July Anguat Saptaakar Ootokar Horaakar Daaaakar
Averaga
BRTISS PLANT
TOHNACI50 AND
c o il s onwi
PACtnio
worn*
AMKHXCAN PROCESS
TOTAL Om. Aim ZIKC
COST OK TOTAL PROD.
1.198 1.5*1 1.068 1.599 1.475 1.217 1.85* 1.165 1.187 1.153 1.866 1.016
.788 .697 .910 1.011 .978 .798 .8*0 .685 .626 .7*2 1.057 .798
.884 .303 .851 .518 .318 .867 .317 .870 .865 .843 .270 .236
1.147 1.468
.927 1.184 1.279 1.188 1.556 1.084
.931 .989 .944 .760
1.082 1.238 1.021 1.568 1.420 1.584 1.438 1.454 1.449 1.787 1.808 1.489
5.416 5.758 5.358 6.755 3.964 5.680 5.341 5.481 5.564 6.104 6.538 4.478
1.801
.758
.874
1.040 1.576
3.578
Depreciation Major Repair*
.095 .015 1.509
.013
.771 an
,,,-
.274 aaaawa
.025 1.063
.
1.576 mmmmm
PNYC 0012 386
COST 0? ZdC MATERIAL FPROHASKD YB/lR 19*0
KAST CHICAGO PLAHT
ysnusry yobrsary Xareb April May funs July August soptosbor Ootobsr Ncrssbsr DoeoiLbsr
Total
BLBCTBOLITIC
pounds Cross
ZINC cost
for
Lb. Zlno
880,006 880,011 880,001 1,000,010 148,189 437,489 884,806 768,887 788,801 860,748 883,818 788,428
8.784 8.698 5.890 8.798 8.958 5.882 8.808 5.801 5.798 6.048 6.040 6.051
7,260,180
SBOOHDABT ZDJC
Pounds Cross
1,098,102 511,688 786,211 748,455
1,162,055 1,225,701 2,825,685 1,491,808 1,203,589 2,834,806 1,411,733 1.959.660
16,258,553
Founds Zinc
943,757 428,145 661,388 624,790 1,000,918 1,044,992 1,969,616 1,267,812 1,024,418 2,017,888 1,219,647 1.626,782
18,819,091
Cost
Lb. 7.1 IW
4.637 4.093 4.531 4.457 4.582 4.991 4,990 5.159 5.668 6.000 6.085 6.469
TOTAL Cost for Lb. Zinc
4.954 4.808 5.010 5.280 4.760 5.259 5.245 5.401 5.722 6.014 6.071 6.339
ATeraga Cost
5.875
5.847 5.528
PNYC 00012387
mBosponoN BAST CHICAGO AMD a KBOS PLAKTS
YSa R 1940
Total Profit after Depreelation
Produetlon in Tons All tirades zlue Oxide
Capital Expenditures in 1940 for Extensions and Bettenunts
Total Sales 2dno Oxide in Tons
Amount of Total Gross sales
Hot Katun on ATarage 1940 Inrestnent
Cumulative Baton on Investment Sine# 1921
* 17,696.48
19,674.7
* 14,860.75 19,762.4
% 2,607,891.48 1.56 %
243.6 i>
PNYC 00012388
0H0S3 SALES TO VARIOUS IADOSTRIES 3INC3 1989
TEAR
PAIBT
EUBBKB
1929 12,300,149.79 ( 1,332,329.65
1930 1,716,392.13 1,423,992.54
1931 1,464,813.92
1,347,978.10
1932 1,016,651.70
1,051,306.95
1933 1,334,164.(2 1,903,634.04
1934 1,010,089.75 1,409,011.79
1933
9(9,(61.35
1,538,170.01
1936 1,163,465.10
1,328,356.94
1937
820,826.41
1,108,771.20
1938
495,695.88
994,044.44
1939
719,912.83
1,474,181.42
1940
704,697.20
1,331,644.14
KISCELIAU50US
TOTAL
6 363.288.64 $ 3,995.768.08
309,524.09
3,449,906.76
366,409.59
3,179,195.41
299,962.15
2,567,920.80
464,6(2.93
3,722,461.59
371,109.62
2,790,211.16
478,887.92
2,986,719,48
606,773.43
5,098,595.47
398,643.42
2,523,241.03
323,305.87
1,813,046.19
448,850.44
2,642,944.69
471,550.14
2,507,891.48
PNYC 00012389
BAST CHICAGO AHD AKRON PLANTS BUSINESS STATSMKNT YEAH 1840
PERIOD 19X2 1923 1924 1928 1928 1987 1928 1929 1930 ' 1931 1932 1933 1934
CAPITAL * INVESTMENT $ 20,631.81 352,499.06 523,706.07 643,896.84 663,654.13 703,749.09 769,786.09 826,130.09 838,348.18 904,666.89 919,216.40 921,812.13 934,506.13
PROFIT
$
$ 362,983.56 101,305.94
41,182.98 436,962.73
64,140.98 303,976.46 910,876.68 638,089.60 460,150.04 243,936,90
LOSS 5,334.38 15,162.15
68,391.84
NET
5* RETURN
J 57/1
69.31 15.74 !:. 'v
8.85 56.76
7.76 60.11 100.70 69.42 49.92 26.10
1935
968,248.00
240,120,61
24.80
1936
1,010,159.34
431,122.09
1937
1,046,625.18
851,367.34
1938
1,072,792.48
6,674.36
1939
1,112,978.96
1940 .
1,127,839.71
Total
Investment
and Return
to Date
$1,127,839.71*
124,446.02 17,396.48
$4,145,768.98
$1,398,052.56
$8,747,718.62
11.18 1.56
243.62
RETURN ON INVESTMENTS BT HANTS
Investment
Profit
<
Beat Chioago
$ 618, 274.62
$ 1,136,799.07
187.10
Afcron
509. 565.09
1.590.917.55
312.21
Total
$1,127,839.71
$ 2,747,716.62
243.62
* Ho allcrwanoos made for doproolotion charges of $1.89 per ton of merchantable oxide sold.
PNYC 00012390
COMBINED - EAST CHIC/iOO ATfl) aKRON PLUTS INCOME AND PROFIT AND LOSS 1940t s 1939___________________
GROSS SALES East Chisago Akron TOTAL Lass: Freight, ete.
Nat Salas
COST OF GOODS SOLD East Chicago Akron TOTAL
TEAR KKDIHO DECSiBER 3Iat
1940
1939
DIFFERENCE
1 2,507,891.48
.507,891.48
159,111.27
* 2,522,562.87 1 Il'ir, i.Vl.Jj
20,381.82
2,642,944.69 164.399.39
.3
: t
* 2,948,780.21
* 2,478,545.30 *
$ 2,201,202.55
i 2, 201,SOS.63
2,148,347.14 14,109.00
* 2,162,456.14
* *
52,855.39
K,i:j'.-> 38,746.39
Qrosa UoxglB
147,577.68
SELLING EXPENSE East Chisago Akron
TOTAL
*
Gross Profit froa Solss Othsr Incoae Shut Down Expense - Akron
TOTAL
*
INCOME CHARGES
Cash Discoants on Solos
Bad Dabts - (RaBarred For)
Agency Stock Expanse
General Expense (Selling)
Credit and Collection Expense
TOTAL
$
NET PROFIT
I
East Chicago Akron
$
POUNDS OXIDE SOLD East Chicago Akron TOTAL
(
71,319.92
71,319.92 Musa*
76,257.76 5,755.44 l.-l'J.S-.
80,394.38
4,173.47 4,660.86 7,879.25
17,418.76 8.665.55
*2,797.90
17,596.48
MBU1MS
19,215.30
7 .; 7 r> .M*0b mm mm m m
39,524,807
-
39,524,807
316,089.16
NBD*
117,371.70 765.97
118,137.67
.
9
.
* A%?17.7ri
* 197,951.49 * i rl /' r ".7"
1,118.44
4,637.00
io.r.T5.r-;
9,056.54
* 188,394.57 * V.1 ,.0. , O. >fi . nk.o-
25,048.69
riV 5.
5,280.56 6,802.05
^; 1,077.21
19,229.90 7,587.35
J '1 ; J A
i.078.20
1 63,948.55 * I
* 124,446.02 * 1V?
a
*
131,615.04
* 1?
:
- 1 . -> r> r~ .-
5,550.20
nmas*
1
BI
l
B
a
B
42,011,107 316.400
42,327,507
*'i f /' ' ,
PNYC 00012391
SUMMARY 07 PLANT EXTTCSSS YEUR 1 9 4 0________
payr o l l
Operating Other TOTAL
SALARIES Operating Other TOTAL
SUPPLIES (Operating) reel Oil Hard Coal Coke Betorts Tire Olay Duck Muslin Barrels Liners Bags - papar Drums .''isoellaneous TOTAL
EXBSNSES Electric Poser Insuranos - Property Insurance - Group Taxes - Proparty Taxes - Unemployment insurance Taxes - Old Ago Annuity Liability and compensation Gas Ur. F. 0. Case - Chicago Office New York Offioe Departmental - Kes York Office Telephone and Telegraph Miscellaneous TOTAL
BAST CHXCAOO
9 01,848,49 54.784.10
$ 58,650.59
55,501.14 85.004.40
1 138,505.54
* 54,904.59 30,049.67 5,065.08 5,08.13 486.16 34.85 1,086.50 8,372.48 625.53 7,910.25 3,410.39 24.099.97
* 135.4U.eO
* 82,429.67 1,409.76 2,150.75 7,113.00 8,248.47 2,749.54 1,549.94 9,349.51 1,197.78 3,047.65 3,240.62 1,369.61
83.377.53 1 87,013.85
000A2392 pNVC
SUMSAHY OF PLANT EXPENSE YKAB 19 4 0
CHARGES
Eleetrolytlo Zlno Benoit Zin* (treat Falls Dross Sorap Zin* Die Cast Slabs SI* Cast Ssrap Oalvaaiser's Zin* Dross Gelena Lead Or* Ole Cast Dross Zinc Anodes Zina Ore (Anerisen Zinc Co.) Zlno Clips TOTAL
REMIXED Zlns Fume Sublimed White Lead (National) Zino Oxide (AMrisen zlno Sales) Zlno Ski tings TOTAL
EAST CHICAGO
| 708,795.80 98,167.57
837,604.80 48,646.86
185,588.67 801,721.75 818,554.96
8,380.02 88,943.89
1,566.21 85,599.61 10,500.14 $1,888,158.68
# 808.06 84,787.86 87,839.17 8.153.73
$ 114,308.82
At *rage number of sea #ployed for year 1940, East Chiaago Plant Pay Boll
Arerage number of hours -worked per week Arerage number of aen employed for year 1940,
Akron Pleat Pay Roll Average number of hours worked per week Average nua.ber of men on salary roll for year 1940,
East Chisago and Akron
1S8.0 38.5
6.0 26.4
47.0
Total Akron Pay Boll for year 1940 - | 7,655.42
PNYC 00012393
Total to Tear 1939 He* Inveetnent 1940
Total Investaent
8AST CHICAGO A}!D AKROH fLilKTS APPROPRIATION gXPBHPITPBES TSAR 1940 APPROPRIATION AMOUNT
* 953,891.86 19.447.31
1 953,339,17
vnnmsnv
COST
# 1,112,978.96 14,860.75
| 1,127,839.71
EXPENDED - TSAR 1940
1S8 - Charger for Storage Battorlee (1939)
*
136 Equipment for Securing Correat inventory of Cuatoa Materials & Merchantable Zina Oxide
(1939)
138 - Two Draft Control* fro* Aneriean Type Zlne yuraaeee
1S9 . Muffle Fuxnaoe
$ 1,436.00 10,586.00
140 - sa*pl# furnace 141 -- To Cover Overage on Appropriation Ho. 126 141 - To Cover Overage on Appropriation No. 128
1,610.00 552.71 486.75
143 - To Cover Shortage on Appropriation No. 135 143 - To Cover Overego on Appropriation No. 136
AS. 00 2.85
144 - Inereaeed Value Due to Changes in Zino Oxide Power lines
380.00
146 Tire Protection for Oil Tanks
420.00
147 - Reverberatory furnace
1,625.00
148 - quenching Pit
1,970.00
149 - To Cover Shortage on Appropriation Ho. 144 160 - Seale House at Pottery Building
!:0.00 685.00
* 19,447.31
*
$
1B0.00 1,864.31 1,380.14 9,430.39 1,142.98
120.00 223.90 262.33 256.70 14,860.75
PNYC 00012394
COLLECTIONS - TEAR 1940
zin c o x id e s al es
EAST CHICAGO AND ARSON HANTS
MONTH
GROSS SALKS ZINC OXIDE
GROSS SALES OTHER
MATERIAL
GROSS SALES TOTAL
COLLECTIONS
OVERDUE ACCOUNTS
January $
rebruary March April May Jana July August September October November December
151,491.20 $ 48,976.34 $
153,217.86
19,545.89
174,726.23
20,927.83
183,864.89
12,157.44
168,720.96
5,701.15
206,985.58
12,402.55
199,744.40
38,004.81
204,251.52
43,602.25
250,380.12
43,932.37
241,242.59
72,003.44
229,184.60
37,397.19
324.081.43
15.980.93
200,447.54 172,763.75 195,654.06 196,022.33 174,422.14 219,387.93 237,749.21 247,853.78 294.512.49 333,246.13 266.581.79 540.062.36
$
267,626.60
195,566.50 160,214.75 193,014.18 217,352.64 171,437.85 220,859.42 218,507.22 255,575.01 531,898.68 246,057.00 220.617.33
6,106.62 7,549.00 9,555.53 6,973.75
10,828.82 7,019.5# 8,462.48
10,255.35 11,987.28
6,671.66 8,076.33 16,906,11
$ 2,507,891.48 $ 370,632.03 $ 2,878,523.51 $ 2,898,727.18 * 9,197.71
Cash Discounts
Accounts ReOoiTable Commitments - Paid - Not Shipped Commitments - Not Paid - Not Shipped
% 24,173.4?
# 249,<99.93 36,747.24
$ 233,434*. 93
Percent Rsoeivabl* to Gross Sales
8.11
ZINC OXIDE DBPT.
BAD DEBT LOSSES CHARGED OPT 1940
TEAR
STATS
ACCIgJSD
Aoourate Insulated Wire Company Reiner and Company
Conn. N.J.
1939 1940
AMOUNT
* 53.79
406.23
TOTAL - CHASfSD OR?
% 460.04
CREDITS
Baek&eister Lind
Penns.
1933
NET LOSSES - 1940
$ 457.57
Percentage Loss to Cross Sales - 1940 ($2,507,891.48)
0182
CUCTLATIVS - TO DATS
Gross Sales 1923 to 1940, inclusive
% 52,697,907.65
Total Bad Debt Losses
20,134.45
Percentage Loss
038
PNYC 00012395
COLLECTIONS - YEAR 1940 KBYTE LEAD HALES
(DRY, IN OIL, AND LEAD SULPHATE)
MONTH
GROSS SALES GROSS SALES
(DRY)
(IN OIL)
CROSS SALES (LEAD SULHtATE)
TOTAL GROSS SAIRS
COIIECTIONS
OVERDUE ACCOUNTS
January $ 35,434.98 | 18,886,73
$ 54,321.71 # 61,716.99 $22,868.69
Tebruary
26,831.25 23,383.49
50,214.74
52,262.28 34,007.66
March
9,648.13 11,525.04
41,173.17
47.7U.91 15,497.60
April
39,734.57
28,159.76
61,894.33
54,591.83 14,432.89
May
60,679.75
46,155.03
106,854.83
71,882.42 10,277.97
June
59,653.14
57,425.09
U7.078.23
93,148.99 U, 422.12
Jaly
5l;359.63 56,781.09
108,140.72
116,446.01 15,563.62
August
53,875.76 46,591.95
99,867.71
109,033.71 15,830.62
September 55,691.15 44,707.85
100,399.00
81,880.42 19,599.66
October
45,527.88
24,897.00
70,424.88
107,493.55 22.U0.22
Koreaber
68,331.04 41,250.09
109,581.13
77,947.23 23,713.39
December
108,534.10
16.U1.82
124.645.92
104.554.71 24.154.22
$ 634,701.38 $409,874.99
wawnawaan
$1,044,576.37
RKaaBWMKacr*
$ 978,669.55 $18,289.89
BBSKBCBUKS
BCBBBBKBB
Cash Discounts Allowed $
5,385.18 $ 4,963.16
$ 10,368.34
Accounts RseelTable-Total Comltnents - Paid - Not Shipped Coaoltaeats - Not Paid - Hot Shipped
Percent RscaiTsblu to Cross Sales
t 281,384.98 912.50
| 144,297.23
wmmtc m'mmmat*
13.81 %
PNYC 00012396
ooitronoHs - ma i#*o
WHITS LBAD aftTJtfl (DRT, W OIL, AHB HEAD SOLffiATB)
BAD pggTS CHAHQBD Off 1940
TSAE
WUTK
STATS ACCFPKD Pgr SHITS LEAD IEAD-IH-OJ.L
TOTAL
WHITS IZAD DPARP8S8T
WHITS LEAD DRT AHD IW OIL 6AXS3
A. 0. Halsaa Ceapany T. D. Hayes Supply Co. Bead Paint Coapaay Hoekford Palat Coapany Texas Lay Mora Tlla k Lbr. Tax* Baroan Bldg. k Snpply Wood Paint k Wallpaper Bassos Bond Paint K. 0. Bunak Joseph Tiala Lawranoa Paint &. Papar H. 0. Long Faint Coapany
Total - Charged Off
Wis.. 1*38-19*9
Kit.
1938
Panna. 1939-1940
111.
1938
Texas 1938-1939
W.Ta. 1939
IU.
1939
111.
1939
IU.
1938
!f. T. 1939
Haas. 1938-1939
IU. 1939-1940
#
*
# 8.78
______
98.98 $
38.86 U.12 47.74 42.34 127.41 212.53 100.00 78.00 757.70 186.75
8.75 # 1,895.15 $
295.98 8.75
58.56 11.12 47.74 42.34 127.41 212.55 100.00 75.00 757.70 186.75
1,903.90
CHSDIT8 Hackaelster Lind HKT L0SS5S - 1940
Panna. 1932
.iV'1 v i iti 6
1.895.15
$
1,727.47
Pareantaga of Loss to Qroaa Sales - 1940 (Dry $634,701.38) (In Oil $409,874.99)
462
.16C
Qroaa Sales 1926 to 1940, Inel. Qroaa Salas 1932 to 1940, Inel. TOTAL SA1S3 Total Bad Debt* percentage of Lo b s
c u k o l at iv s
$ 12,709,955.05
$12,709,955.05
$3. U6,782. 22
3.U6.782.22
$ 12,709,955.05 $3,U6,782.22 $15,826,737.27
$
9,742.17 $
9,735.30 $
19,477,47
IWVMBnt
.077
.312
.12
PNYC 00012397
oomsono h s - t e a r 1940 DSTAIL or B5SSR73 TOR BAP DEBTS
ZLXC ODDS SATES
Balanov in Reserve - January lat, 1940 Credited to Reserve la 1940
* 91,117.40 Kone
Total Bad Debt Loss Charged Off In 1940
91.U7.40 457,67
Balance In Reserve - Deeenter Slat, 1940
$ 90,459.85
Doubtful Assonata - Deeeaber 31at, 1940 $ 406.01
EHJTB ISAE DRT SALSS
Balanee In Rsaerve - January 1st, 1940 Credited te Reserve In 1940
(1/4 of ljt In Grose sales)
Total Bad Debt Loss Charged Off In 1940
Balanee In Fa serfa - December Slat, 1940
Doubtful Aeeoante - Deoenter Slat, 1940
|
t 3,952.44 1,586,75 5,539.21
99.50
. * 5,706.89
KBITS LEAD IH OIL SALES
Balanee In Reserra - January lat, 1940 Credited to Reserve in 1940
(3/4 of l on Croaa Sales)
% 1,787.83 3.074.U
Total Bad Debt Loss Charged Off In 1940
9 4,861.94 1,895.15
Balanee In Be terra - Deeeaber Slat, 1940
| 2,966.79
Doubtful Accounts - Deeeaber Slat, 1940
t 994.84
TOTAL K3S2HVE TOR BAD DKBTS - Deeeaber Slat, 1940
4 39,333.51
t o t al DOUBTFUL ACCOUNTS - Dec. 31st, 1940 | 1,500.15
mac wee ae
t
PNYC 00012398