Document k9X88aDY1r6Kywe3Zqr29YgvO

TF-313 PLAINTIFF'S EXHIBIT HW-562 60,212 For later change*. Me "New Matters'* in Vetamcl 2546 7-1-99 NEW BASIS (% OF OLD BASIS) Dreadner Bank. A. Gw--continued Market values above are as furnished by company. >Stt note under 3-18-76. above. Bond Ss, 1983 are convertible (nontaxable) into bearer shares at DM 200 Irom 11-1-77 to 11-15-77. The conversion periods for 1978 through 1982 are 3-1 to 3-15; 7-1 to 7-15; 11-1 to 11-15. The conversion period for 1963 is 6-16 to 6-30- Additional payment of DM SO per share is required far conversion in 1980 and 1981. and DM 75 per share in 1962 and 1963. Rights were traded from 6-14-77 through 6-27-77 and were exercisable against coupon No. 34. 3- 581 Rights (bearer shares) 18 at DM 125. Expire 3-1781. Nontaxable. Rights win be traded from 3-581 through 3-1781 and are exercisable against coupon No. 38. 4- 381 Distribution. $0.99 per American Depositary Receipt of record 3-2081. representing proceeds of sale of rights. 5- 2287 Distribution, 1 additional bearer share for each 18 bearer shares held payable against surrender ofcoupon No. 48. Nontaxable........................................... 94.7368%* 6-1287 Distribution, 1 additional American Depositary Receipts for each 18 Americian Depositary Receipts held- Record date 5-22-87. Nontaxable............... 94.7368%* Dreadner ROM Europe Fund, Inc. 2-11-99 Name changed to Dresdner RCM Europe Fluid, Inc. from Emerging Ger many Fuad. Inc. Dresherlnc. 9-2382 Incorporated in Delaware. 1- 583 Date for distribution of common to the stockholders of Standex International Carp. See that company. 11-1483 Common split 2-1. Record date 10-2883. Nontaxable.................................................. 5-2585 Common split 3-2. Record date 5-98S. Nontaxable......................................... Cash paid for fractions at $11.67 per full share results in capital gain or loss, computed by comparing cash with basis of fraction. Counsel's opinion. 2-2586 Common spUt 3-2. Record date 2-1086. Nontaxable......................................... Cash paid for fractions at $12-08 per full share results In capital gain or lass, computed by comparing cash with basis of fraction. Company's opinion. 8-2586 Common split 3-2. Record date 8886. Nontaxable......................................... 2-2489 Rights attached to common. 1-1. Rights are exercisable for .01 share new series preferred at $25 or, in the case of company's acquisition, for a number of acquiring company's common having a value twice the exercise price. Rights become exercisable only if a person or group acquires 20% or more of company's common, or makes a tender or exchange offer for at least 30% of company's common. No income results from receipt of rights, and rights apparently take a zero basis. (Rev. Ruling 90-11.) Rights expire 2-3-99 and are redeemable, at company's option, al $0.01 per rigfrt6- 4-90 Expiration of cash purchase offer by Leggett & Platt. Inc. at $2.50 per share common. Compare cash with basis to compute capital gain or loss. Note: Merger at proceeding terms was effected on 6-4-90- SO.0000%* 66.6667%* 66.6667%* 66.6667%* Dreae Bara. Inc. 1966 Incorporated in Connecticut. 5- 385 Common split 2-1. Record date 4-12-85. Nontaxable............................. ........ 5- 2-86 Common split 5-2. Record date 4-11-86. Nontaxable....................................... Cash paid for fractions results in capital gain or loss, computed by comparing cash with basis of fraction. Company's opinion. 5-2287 Common split 2-1. Record date 4-2087. Nontaxable......................................... 50-0000%* 40.0000%* 50.0000%* Dresser Industries Canada Ltd. 10- 4-71 All $080 1st preferred called at $22 (Canadian) and dividend. Dividend apparently is part of redemption price. Dresser Industries, Inc. 12-31-38 Incorporated as Dresser Manufacturing Co. in Pennsylvania as a consolida tion of S.R. Dresser Manufacturing Co. (organized 1905) and Clark Bros. Co. (organized 1903) with 350,000 shares no par stock. Apparently nontax- able exchange. (Continued on the next page) Capital Changes Reporta 1999. CCH INCORPORATED 2546 7-1-99 Ft UterdiulCM.K>"N*w Matter*'1 la Valuw 1 60,213 NEW BASIS (% OF OLD BASIS) Dresser Industries. Inc.--continued Per share dose A: 2 shares.......... ................................................................. .. 100.0000% Per share class B: 1 share................................................................................ 100.0000% Per share Clsrlc 5 shares common.................................................................. 100.0000% 10-23-44 Name changed to Dresser Industries, Inc. Stock changed 1-1, no par to 81 par. Nontaxable................................................................................................ 100.0000% 2- MS Acquired Kobe, Inc. See that company for details. 2- M5 Acquired Payne Furnace & Supply Co, Inc. Nontaxable. Per 5 shares Payne preferred: 2 shares Dresser common ($0.50 par)......................................................... 100X000% Per 7 shares Payne common: 2 shares Dresser common ($0.50 par).......................................................... 100.0000% 3-19-45 Stock split 2-1, $1 to $0.50 par. Nontaxable..................................................... 50.0000%* 4- 2-45 Acquired Day & Night Manufacturing Co. See that company. 10-16-15 3V4% preferred offered at 103. Preferred convertible (nontaxable) into 2V2 shares common per share preferred to 9-15-55. 11- 2-49 Effective date of acquisition of stock of Magnet Cove Barium Corp. Taxable exchange. Company's opinion- Per share Magnet Cove (minority): 1/2 share Dresser common. Market value (11-2-49) Dresser Industries common (18^-18^8) 181/2. 3- 1-55 Acquired assets of Lane-Wells Co. See that company far details. 8- -SS Acquired minority stock of Petro-Tech Service Co- See that company for details. 10-31-55 All 339% convertible preferred called at $104 and $0-49 dividend. Dividend apparently is part of redemption price. 7- 1-56 Acquired assets of Guiberson Corp. See that company for details. 8 1-56 Reincorporated in Delaware. Nontaxable. 12-19-56 Common split 2-1. Record date 12-3-56. Noataxable......................................... 1-31-57 Acquired Hermetic Seal Transformer Gx, Inc. Sec that company- 50.0000%* 2-28-57 Acquired assets of Superbar Co. See that company for details. 3-14-57 Offered convertible debenture 4Vte, 1977 at 100. Debentures are convertible (nontaxable) into common at $55 per share through 3-167. 8-16-58 Exchange offer to stockholders of Eigen Carp. See that company. 1-21-61 Distribution. 1 share Transnational Ventures, Ltd. (Liberia) (name changed from International Industries, Inc.) lor each share Dresser Industries held. Record date 1-1464. Taxable. Counsel's opinion- Company states "the initial capital--is nominal and the value of each share...(of Transnational] is $03)1." Noncorporate stockholders: Basis of Transnational is market value. Date of acquisition for holding period is date of receipt. Corporate stockholders: Corporate stockholders apparently use the same value and holding period as noncorporate stockholders. Note: Transnational Ventures shares are traded in a unit with Dresser Industries (l share Transnational and 1 share Dresser per unit) on the New York Stock Exchange as of 1-1564. Separate certificates of Transnational are not available. Combined certifi cates are available upon surrender to the transfer agent of Dresser shares on and after 1-15-64. 4-2865 Stockholders of Transnational Ventures, Ltd. approved dissolution. No liqui dating distributions will be made to stockholders. Holders of Dresser Indus tries apparently will realize a loss of $0,01 per share Dresser held. See 1-2164, above. 5-10-65 Effective this date. Dresser Industries shares will be treated free of Transna tional Ventures Stock- 11-16-65 After this date, debenture 4l/bs, 1977 are convertible (nontaxable) into common at $27.50 per share. 11-26-65 Common split 2-1, $0.50 to $0.25 par- Record date 11-1665. Nontaxable- ... 50.0000%* 1 'I' 10-2667 Merged Harbison-Walker Refractories Co. See that company. Scries A $230 preferred, issued in merger, is convertible (nontaxable) share for share into common. 43068 Merged Symington Wayne Corp. See that company. (Continued on the next page) * Apply percentage to basis per share of original stock to arrive at new basis per share of original and new stock, or shares resulting from a stock split. 60,214 For later dunce*. Me "New Matters" In Volume 1 2546 7-1-99 Dresser Industries. Inc.--continued NEW BASIS <% OF OLD BASIS) Each share $2 preferred, issued in merger, is convertible (nontaxable) into .909 share common. 11- 12-70 After this date, each share $2,20 preferred is convertible (nontaxable) into 1.01365 shares common. 7-21-75 All $2.20 series A convertible preferred and $2 series B convertible preferred called at $49.00 and $0.22 dividend and $44.55 and $0-20 dividend, respectively. Dividend apparently is part of redemption price. Each share $220 series A preferred and each Share $2 series B preferred is convertible (nontaxable) into 1.01365 shares common and .909 share com mon, respectively, through 7-21-7S. Cash paid for fractions apparently results in capital gain or loss, computed by comparing cash with basis of portion of preferred representing fraction. 6-10-76 Common split 2-1- Record date 6-1-76. Nontaxable.......................................... 50.0000% 12- 31-76 Values: common, $42.0625; debenture 4.125s, 1977; 98.125 bid; debenture a*Ss. 1985; 106.00; debenture 9.375s. 1995; 106.75; debenture 9.375s, 2000; 107.00 bid. 11-14-80 Common split 2-1. Record date 10-27-60. Nontaxable...................................... 50.0000** 4-28-86 Rights attached to common. 1-1. Rights were to have become exercisable, in general, only upon the acquisition of certain amount of company's common by another concern. No income was realized upon attachment of rights, and rights apparently took a zero basis. See below for redemption of rights. (Rev. Ruling 90-11.) 9-20-90 Common split 2-1. Record date 9-4-90. Nontaxable.......................................... 50.0000%* 10- 1-90 Distribution, $0,025 per share common held in redemption of rights attached to common on 4-28-86 (see above). Apparently taxable as a dividend. 10- 3-90 Rights attached to common, i-1. Rights arc exercisable for .01 share series A junior preferred at $90 or, in the case of company's acquisition, for a number of acquiring company's common having a value twice the exercise price. Rights become exercisable only if a person or group acquires 15% or more of company's common, or makes a tender or exchange offer for at least 30% of company's common. No income results from receipt of rights, and rights apparently take a zero basis. (Rev. Ruling 90-11.) Rights expire 10-3-2000 and are redeemable, at company's option, for $0.01 per right. 8-21-92 Distribution, 1 share INDRESCO Inc. common for each 5 shares Dresser Industries, Inc common held. Record date 8-7-92. Nontaxable. Counsel's opinion. 1 share Dresser Industries. Inc. common 19.30 ........................................... 92.1440% 1/S share INDRESCO Inc common 1.6625 ............................................... 7.8560% Above allocation is as furnished by company. Cash paid for fractions results in capital gain or loss, computed by comparing cash with basis of fraction. Counsel's opinion. Holding period of INDRESCO Inc common received includes holding period of Dresser Industries. Inc common on which received. Counsel's opinion. 1-21-94 Acquired Baroid Corp. (New). See that company. 8- 5-94 Merged Wheatley TXT Corp. See that company. 9-29-98 Merged into Halliburton Co. (New) by merger of its wholly-owned subsidiary. Nontaxable. Counsel's opinion. Per share Dresser Industries. Inc common ($(X2S par); 1 share Hallibur ton Co. (New) common ($2.50 par)................................................................. 1004)000% Cash paid for tractions results In capital gain or loos, computed by comparing cash received with basis of fraction. Dresser Manufacturing Co.--See Dresser Industries. Inc Drever Co. 1939 Incorporated in Pennsylvania. ' 7- 8-68 5% common stock dividend. Record date 6-14-68. Nontaxable.......................... Cash paid for fraction at $12.62 per share is taxable as a dividend s'17-69 6% common stock dividend. Record date S-23-69. Nontaxable.......................... 7-10-70 5% common stock dividend. Record date 6-12-70. Nontaxable.......................... 95.2381%* 94.3396%* 95.2381%* Note for all stock dividends above Cash paid for fractions is apparently taxable as a dividend. (Continued on the next page) Capital Changes Reports 01999, CCH INCORPORATED ir':- 2630 MOODY'S INDUSTRIAL MANUAL Tina Doc. at aea. (i> Koto: At Mar. id. 12C9 Curhse-WHght Corp. 2, Derr-OItver lee, tMtiCOO 5U% notes payable (336.000 annu owned 5.400 chorea. AUTHORIZED--10,000.000 A.-- ally, to Jtuy L Ufi Proceed! to pay ft- PREFERENCES--Bee preference for aesats Dec. n, 1968, 1.622.403 shqrEtt. 1011000 wtottiHlhn term loan; far working And dMd6M&. capital and other purpoeea. DIVIDEND WTfiirm mtltlfrt to cumulattro ueolf^rerarir*** wsubospctriiopntiso,nBNlRinq (2) *2.768.000 5%% notes due (232,000 an dhrldanda of (2 per aharo annually, payable nually, each Kar. 1 to I960. Proceeds for gen eral corporate purposes. (I) (LSSQ.OOO notes with interest at prime plus It of .1%; prtoeipal payable at not lorn than (aOOjWoTy^an^l^r ttjB and balance by J&JSSiquarterly Mar. 1, etc. Mur. 1969, Curtiss-Wrlght Coen. - DKVUUUW cents paid RECORD--Initial dividend of so Mar. 1, 1S93; regular drndanda mMiat) owned 5% ofSJ!? &T1Ng"RIGHTS--Hose pBidthertifttfr VOTING JUtnllTg- Wii on* vote ptt diart iltt rit of Jan. 15. 1270. Proceeds -ftrttoanca mine oper- ationa of wholly owned sub. Company may net pay cash dividends On MCtn of consolidated net NMu* sftsr Dae. 2t IMS plus (1,000,000. Company agree* to foikint tt QOt k*| tblft grantor of 33.000,000 or 112 times above notes outstanding leas current maturities. Dividends on preferred stocks may not exceed (123:000 annually At Dec. 3t 1268, the consolidated retained with right of cumulative voting for directors; on default of 8 quarterly dividends, preferred is entitled to elect 2 directors. LIQUIDATION RIGHTS--In llquldsrton. en titled to (32AO per share if Involuntary and 83&50 per share if voluntary; phis dividends. CALLABLE--As a whole or In part an any dividend dote on at least 59 days' notice at *31-50 per chars and dividends. PREEMPTIVE BIGHTS--Nona. CONVERTIBLE--Into common at any time (if called, on or before time ftxed by tSS2r3&%rrk goSts-Wona. DwSSm RESTRICTIONS--* DhfolVvAe, DIVIDENDS-- 1955-57 *0-to lSfiflu-- 000 JH-- SB-- 8867-- 8jo 0.40 0.45 TARGAJKN^STT--EyBirAtNNDaDtioIVnaIDl ECNDUSrI^S^B1 earnings were approx. (4,100.000 less than the pony) on heals of 2 shares for aech minimum amount required before common {jSTED^-Jlr^American Stock Ekehanga. dividends may be paid or company stock re RECTSTBAR--Chose Msnhattan acquired. TRANSFERAGENT--Jftrst Notional Subsidiary DeMi Outstanding, Dec. 21. 1968. Bank. New York. (SOC165 mortgagee and nataa payable. REGISTRAR--fTimse-Manhattan Bank, City PXMX RANGE-- M68 High-----------------W New IsOW______ WT 1M6 M% 29% 17% 14 ^^ capital Stock: 1. Derr-OUvar lac. (2 coos, York. subscription Rights: Stockboldsrt g - prelsired; par OUk PRICE RANGE-- 1268 1967 1968 IMS 1964 ord Feb. * PS*4 ** AUThOBIZKB--120POO riiazua; outstanding. High.__,____ 70 TO 38 62 28 408.651 sh*. at (22 a sh- on. basis of ono A 44JS shores; par 33240. LAW_____________ 48 4014 S81i 36% 34% for each 3 held. Bights expired Ttk Is. lggg. DRESSER INDUSTRIES* INC. OAPITAL TmiOTUNR Dong term debt Issue 1. Subordinated debenture 4%s, 1977 3. 4%-7%% notes due 1973-83 _________ Bating Amount Outstanding __8*TZ.Mg} (83907.000; GDTlmea Charges Earned 1968 1967 1196 13,36 Interest Dates |1U)S 1 Call Price 8)101% im.^1 _ -60% UlTq CAPITA!. STOCK Issue L (290 oonveTUblo preferred. A____ A (2 convertible preferred, b -------- - 3. Common ......-------------------------------- Par Value No par No par (Ca Amount fflEagpcd per Sh. Outstanding 1968 1967 3',427744774 ashhs*..1, (632 1902 1,712,122 sho.; 9.469440 ahs. pn qms 9)Diva, per Sh. 1968 1967 20 (03066 12556 ffl-- 36% M-23 43%- 22% dTTa^ QOIssued Apr. 30. 1968. 011968. (2.61; 1967,, (2.53 on weighted sv*. aha. I960. (331; 1967, (2-8o before extraordinary charge ((236 an ova. -*-, 1967. complete conv. ef pfd, *2-68 before and (2.49 after extraordinary charge. QXTiscol year*. [ESubjcct to change, see test. MirroRY for each HarbUen pfd. ah- and 14 sho. far Dreaser Atlas (Trance) SA edch HadMsan cosx, ih. Dreaser Atlas ((G___c_n__a_a_i )' G~ m-bja. Soeorporated in Delaware Apr. 23, 1936. as In Apr.. 1968. acquisition of Pan Geo Atlas Dreaser-Duiardin (S0%J successor in statutory merger Aug. 1. 1936 to Corp.. from Waste* Carp., for minimum of Dresser Europe SA a Pennsylvania corporation of same name. In *8,040.000 ' cash plus maximum additional Dresser (Trance) BA corporated Dec. 31,1933. as Dresser Manufac turing Co., as result of a consolidation of S. R. (250,000 contingent upon Pan Geo earnings since Sept. 90,1*67, was approved by Federal Dreaser International, SA. Dresser Norway, A/S Dresser Kfg, Co. (incorporated in 1903 os successor to a business founded in i960) and It* wholly-owned subsidiary, Clark Bros. Co. (N. Y.. Incorporated 1902). Also dork Bros. Co.. Inc., a now wholly-owned subsidiary, emerged from the consolidation. Name changed to Drees er Industries. Inc., Oct. 23, 1944. On Oct 1.1940. acquired entire outstanding capital stock Of PseUk Pump Works. Cat On Jon. 1. 1342, acquired an of outstanding capital stock of Boraird A Seyfang Msntiieotunng Co. (Pa). Court. On Apr, 30, 1988, merged Symington Wayne Corp. by issuance of 1.1 shares of (2.00 cumu lative convertible preferred stock for each shore Symington common. The transaction Involved the issuance of L492425 aha. at *3ho convertible preferred stock, series B, in ex change for outstanding common sho. of Sym ington Wayne and the sale of 216.242 aha. of $2.00 convertible preferred, series B. to per sons who had previously tendered shores to the Company. Harbison-Walker Jtefractorlm, BA Mageobar (Ireland) Ltd. Manning, Maxwell ec Moore. AO. Mykobar Mining Co.. SA. Wayne France SA. Wayne Tank it Pump Co, Ltd. Africa *nd Middle East Dresser A.G. Zug (Nigeria) Ltd. Dresser Europe. SA. Dreaser (Kuwait) SAL (49%) Mogcobar (Libya) Ltd. (49%) Sherbat Sahami Mageobar bran On Nov. L 1844, company acquired, by issu Proposed Acquisition: In Sept. 1968, Com Aastralasla ance of 103.006 shares (par (1) of Dresser com pany hod reached on agreement intended to Dresser 'Japan. Ltd. mon. net assets of mtamational-Stacey Corn, lead to acquisition of National Equipment Dresser Service* Prir. Ltd. and Its subsidiaries. International Derrick Equipment Co. of Ohio, Calif, and Texas (three separate companies). Root* - ConnerwlHs Leasing Corp, Pittsburgh, Pa. Under agree ment, Co. purchased from National 31,000,000 of 7% debs, convertible at any time into 40% Drearer Singapore PTE, Ltd. Nippon-Chirk Co- Ltd. ($0%) Niogon, Manning. Maxwell A Moors, EX Blower Corp. and storey Broe, Goa Construc of National's autb- capital stock, and agreed tion Co. _ to buy additional nonconvertible debs, as Utsue Valve Co, Ltd. (20%) On Pah. 1, 194$. acquired net assets ef Kobe Co. On Nov. 1.1945 acquired 100% ownership ef Security Engineering Co.. Inc. On Jan. 12.1949, acid its three gas stpllisoi companies, namely Day A Night Manufactur required. It also has an option to buy 20% of National's auth. stock in each of next 3 years. SUBSIDIARIES As Of June 1. 1989, company held 100% vot PRINCIPAL DOMESTIC OPtRATUt* UNITS: Alretosi Monufocttiring Mvttlsni field. Ohio; tube expanders, tuba other air-powered products. Use ing Co., Payn* Pumice Co. and Bryant Hester ing control la following subsidiaries: hiring aon cleaning of tabalar Co. to Affiliated Ges Equipment. Inc. far SM,370.000. The first two companies were acquired In 1943 and Bryant Heater Co. In 1933. In Nov- 1943 acquired all tbs stock of Magnet Cove Barium Corp, (Ark.) for approximately (300,000 cash plus 17.313 Subsidiaries--Domestic: Most former domestic subsidiaries now op erated ms dtvtatono; see principal Domestic Operating Units, below. Subsidiaries--Foreign ofboflers. etc, Clark Engine-Cemprvusr A Cl CtkprnUf Plvs_- Oleaa. N. Y.; totagtai engine ecmpreoacea: reciprocating aM trlfugal cnmpreaoora; uses: Giaprossiag am or goo in gas gathering, g lisusairoMto shores of Dresser common stock. As of May 1, 1989. Dresser held majority secondary oil recovery, cheniica) PNtam* On Apr. JO. 1954, sold Kobe, lac. ownership (except as noted) in the following refining and general Industry; othsr pwaas As of Mar. L 1933, acquired assets of Lane- Wens Co., Los Angeles, in exchange far 376,000 common shares, on basis of 4 Dresser ohare* for each 5 Lone-Walla share*. In reb- 1956. acquired stock of Southwestera industrial Electronics Co. (Del). _ On Aug. 1. 1956. acquired Culberson Corp, Dallas, for about ll0,000 shares. In 1938. acquired Eigen Corp.. Dallas (now subsidiaries and aniuatra; Canada Dreaser Industries Canada, Ltd. Canadian BefMetorias Lid. (statement pended) Symington Wayne Oversea*. Ltd. Latin Amarica Ceramics Curabobo, C_A_ C2S%) ap Bradford, pa. _ Industrfaf Tsoi Tex.; pneumatic tools (drills, _____ asodem, impect wrouciwA gtw nut runners, etc.). Usee porlosuBag Charles! work. ` Proster Aha* Dive Houston. fex4 *di -- * aff Udfl pert or Dresser Atlas) in exchange for 127.255 Dresser A.G. (Vaduz) . glng and perforating aarvloas; common sharea. one (here for each 3.4 Eigen shares. Dresser Atlas SAMJ-tC. Fabrics de LadriHos Industrials* Y Refrac potential oil and gas bearing formations and evaluation of oil On Sept. 30. 1960. acquired Podbiclidak Inc.. tories Harblaon-Walkcr FUr, S.A. (44%) reservoirs; penetration of rub-stufao# Chicago, far 36.000 common shares. In Nov-, 1941, acquired MAH Valve Fittings Co. Harbison-WaDccr--Flir de Mexico. SA. (49%) Harblsop-Wslker Rcfraetarlos. (LA. Ideco da Mexico, S.A Mogcobar de Mexico. 3A ttona ia on or gas wells. >rritr Cmtnii pivMam design* and manufactures W On Nov. 10, 1966 letter dose of fiscal year) Mageobar de Venezuela, CA acquired assets of Manning, Maxwell St Refraetarioe GhOenos, S.A trol ayatom*, digital tclomstry remote control of pipeline*. oC, *" TM Moore. Dw. tor (27.730.000. Befractario* Perusnoa, SA On Oct. 38, 1967, merged Harblson-Walkar Wayne SA IxiduatxU Sc Onmerclo dilution, chemical m imuass* sod mu--*_ Refractories Co. by exchange of 3,407,08$ sits. Europe *2.20 convertible preferred, series A, for cap Dresser A.Q. Vadux Dresser era** Waist 8 ital shares of Eurblean, on >--*- of *4 *h, Dresser A.G. Zug kMtioa, Mich.; cranca and ho*owj ButcrUk U^dUni;> tslcrliloQ, mX- Brasssr Tramp . o.pj rftdio tnoiulfl&oni other pmui; Chicago. Cl.; steel specialty castings (auto duatrles such as: gas. water and sewage, matic couplers), oouplcr yokes, truck aide petroleum, chemical, power, steel, non-fer Ideca DhTd Beaumont. Tex.; draw frame*, holster*. sssrrnhllea for draft Marsh rous metal, cement, glass and en-- md tl( components; umk Uses: construction and maintenance of nail- ttona. m of all and gaa wells. war cars. Plant; DePew. N. Y. Sales analysis, years ended Oct. H (%.): IntaHihl Valve a hMtnmaat DhrCona.; industrial pressure guanas, tan and regulator*, Industrial letr and safety relief valve*; uses: C recording and/or transmitting HarbbewWalkcr BsSractertss Css Mvg Pittsburgh, P*.; refractories; uses; Protective linings in high temperature furnaces, ladles and Ulna used in production of steel, glass, cement, chemicals and other products, other Petroleum grp.___ Mach, A transp. grp. Retract. Sc min. grp. Bid. spec. grp.____ IMS Mg Hf SID 17D Ugf 31.0 HO 20D 1M and temperatures: controlling prea- plants: Magnesite: Ludtegton. Mich.: Cape I temperature*; other plants: Alex- May, N. J-: Kilmer. Quebec; Chewelah. Wash! a; Berea, X7i Galt, Ontario. Can Refractory: nnsartiur and Fairfield, Ala.; Total 100D XOOD ton, Biglmil. Magrabar Dtvd Houston. Tot.; drtW systems lor drilling of ofl and gas j Mwmfartarlwg Bhr- Houston, Teat; iJinga, fitting*, repair device*, br ad valve*; uses: Connecting and piping systems; fin protection sysi water and sewage systems; other rmlston, Ala.; WcDsbcro. Fa. - ***!aunt PIT.' CoimcrsvlIIe, ary positive displacement meters; Miring gas volume from producing , tor ttuhiitrlAl gif ooorumptioii. isiairan Bhru Houston. Tex.; bar* oofte, industrial sand, clays, lead, other ores. Uses: Drilling mud ad dsas and glass products: flflen and other mineral and metal Industries; ore locations: Ark.. Nev.. XHss., Mo., ex.. Wyo.. Greece, Mexico, Iran and gsrvlrss, Isa: New Ora.; completion and workover aerr offshore drlDtog oparattona; uses'. ng and servicing of oQ and gas wells, r MMleM A Mining Itslpnsst Dhns Not.: deep weU plunger pomps and systems; packers, swabs, root bits er tools; uses: Drilling oil and gas tfffllng blast boles and shaft* tor mcrauons; producing oQ; completing lag of oil and gas wells; other plants: iCtl; Calgary. Alberta. Canada; Mr, England. r gig plvirisw: Houston. Tax.; geo- Hammond. Ind.: Baltimore. Kdd Fulton and Vandalla. ICom Windham. O.; Cuaitold and kt Union. Pa.; Marolan. Quebec; Mines: Haa 31 fireclay and silica mines and quarries located in If states and foreign countries. Pacific Panto Mvg Huntington Park. CaL; centrifugal pniceas pumps; boiler-feed pumps; steam-turbo pumps; uses: Chemical proces sing and refining operations; steam-genera tion power plants; marine and general in dustry. tostrslsua* Byvlpsust PtvHtoe: Salisboxy. Md.; gasoline service station pinup*, bofarts and other equipment. Uses: gaaoUno aerriue stations. tests-Blower * Vamrn toamp Dlvs Con- nersvlile. Ind.; rotary lobe blowers; rotary screw compressors; rotary piston vacuum numns and diffusion UR.: Low nr sure blowing, compressing and evacuating of air and gaa -K Wayne Teal Dfvtslem Chicago, HL; hand tools (sockets, wrenches, pliers, screw driven, punches, chisels, torque wrenches. tool boxes); Uses: mechanics* hand tools end consumer uses. Unitlasd Coiuprsmsr Dbr-t Houston, Tex.; packaged compressor, driver and control sys tems; uses: Gas gathering and secondary oil recovery operations. FOBBICM OtoXBATlAMS: Global distribution of Dresser products and service* la accomphshod through about SO foreign compimia* and more than 160 for eign representative* serving practically all PRINCiML PLANTg A PROPGRTIO See under Principal Domestic. Operating Units, above. See also under subsidiaries. MANAGEMENT John Lawrence, ChmiL Sc Chief Xxee. Off. Charles Kuhn, Pres. 4c Chief Oper. Off. J. V. Jamas, Exec. Vic-Pres (Adm. 4c Plait.) X. R. 1-uter. Vicc-Pxesldcat (Fin.) 4c Tt uas. W. K. Downey. Group Vlce-Pre*. X. A. Sebastian. Vice-President (tat*L) D. H. Hartmann, Group Vice-Pres. T. L. Moody. Vlca-Prcs. (Ind. RaL) J, D. Mayson. Vice-President 4c Sec. . D. D. Boat. Vioe-Pras. (Acetg. 4c Audit) W. H. Bateman. Salisbury, Md. Norman Chanfflsr, Los Angelas O. E. Kline, Scottsdale. Ariz. WUland M. Johnson. Houston John Lawrence, Dallas, Test. H. X. MalVim. Damn. Tsi. William A. McAfee. Cleveland. O. Allan Shivers. Austin, Tax. J. V. James. Dallas. Tex. Charles Ku&n. Dallas, Tex. X. R. Luter. Dallas. Tex. C. A. Moore, New Toek XL S. Morse. Boston ' XL C. Croft. New York A. B. Bowden. Pittsburgh G. C. Scott, New York A. B. Wilson. Pittsburgh - instruments, supervisory systamT uSmTMipptag aSEwrtaoa ins in search for oQ and fa ir Systems, Ined Houston. Tex.; geor telmmic lnstnu&wtv; mprvuory significant market areas of the free world. For fiscal 1968. foreign sales approximated $170,000,000. 27% of Dresser's net galea and service revenue*. AuitHvrcT Arthur Andecsen Sc Co. Annual MaaWngt Third Monday In March. NO. of gtsckhaldsrs: Oct. 11, 19U: Pre ferred, 1S.J15; common, 10Dll. systems; uses: Mapping sub-surface BU8INEM 41 PRODUCT* Ns at gmpisyws: Oct. Si. IMS, slooo. tat in search for oU ana gas; remote ef pipelines, oil and fa* production to and utility system*. Dresser la a diversified and world-wide supplier of industrial machinery, equipment General Office: BepabUe National BMC- P. o. Box 718. Dellas. Texas 7S221. IX AMOUNT* COMPAHATIVX OONSOUDATKD INCOME ACCOUNT. FISCAL YXABS KHlihO OCT. 41 I ) 1968 $8*3,655.000 3)1987 $542,208,000 I960 $401,039,000 1*6$ $353.623900 1984 $259.467900 1963 $241963939 of goods sold___________------ engineering, gen. A adm. exps. 412.738.000 147.088.000 360.412.000 120.037.000 254959,000 101,736900 327938,000 90909.000 168.177.000 65,159.000 164,192.658 57933,046 i gstjng^iroflt 83,829.000 3.463,000 81,758.000 3906.000 45,044.000 39*3,000 35.875,000 3.127.000 25.131,000 3.624.000 13,737.435 2.791,006 TDS5.000 0984.000 3,727,000 4947.000 2911.000 3977.038 - 1062 $3*5901.130 168952,147 99.427.765 16921918 2,124907 3.013987 si tneesna . t snecoa other deductions -- ral income taxes ____________ t foreign___________________--. V interest_________________ prov.. property disposal .... fear* Inc. tax ad), (net) -- o investments (less tax) . tdinary foreign each, losses-- 74.847.000 8.482.000 1.091.000 24.728.000 7.150.000 483.000 1.128.000 1,432.000 72998.000 4923900 2978.000 24,08X900 794L0O0 444,000 2984.000 - __ 82.094.000 3943900 9*4.000 19.644.000 5,433.000 43.050.000 3.041,000 1,073900 16.739.000 29*7,000 -- 31.688.000 2969.000 1.225.000 12.698.000 2.600.000 -- 23.905,473 3,058.415 1902,480 8,173938 2.668981 20.469902 5-154,625 720,112 4.969.108 1,772944 247998 1958.066 d surplus, beginning of year .. e*. pfd. A dividends--------------- Mr. pfd.. B dividends_______"on dividend*_______,,__________ T surplus debits ....---------- 33.081.000 21OD2S.0OO 6,888,000 1.235,000 12.408.000 31964.000 181.840.000 19.C4.000 9y2b4.000 23,100,000 IOI901900 0.835.000 U.500.000 89.612.000 6910,000 12970,000 82993900 5951900 10904.825 77953.737 5965980 9908948 87957.728 5.634966 14977.573 ***ed surplus, end of year.___ $223957,000 $192.848900 $118997,000 *101*02,000 *88912.000 $82991072 $77953.737 UajXNTARY PAL. DATA P"*nce A repair* --------------------'ridshon, depL A amort. ____ k other than tocoma _ 821D83.000 23,139,000 V4.8S3.000 uw.wo 1,4X3.000 $17.124900 19.425.000 11.966.000 s.aoe.oco 1.4B6.0Q0 $8,753,000 13909,000 7984.000 5.930.000 1950.000 26.608.000 13.048.000 8955.000 14999748..000000 $5988.000 11.318,000 4926.000 4.009.000 1A14.0O0 $5970900 10989.000 4.877.000 4.040.000 i.sss.000 $5904,647 9923,773 4929,778 4,442,479 19X8,767 includes gi.us.ooo by Symington , -"J. prior to merger. gtDTAOM btyy- karbtsoa-Walker " Merger, ^Include* 444,000 stock of TTanscansasac^teriion. of Items shown JAr '`Supplementary p. A L data." **: Retirement of Harbison-Walker tffr. f Aoviciwi for extraordinary risks in ^Derations, $5,000,000; for contingent -*nd domestic taxes, $4-100,000 (ra ta 1*87); writeoff of mineral lands bolds, $3D80,S59; write-off of tnOsaets $id7,014; total. $JOT)DJJof Harblson-Walkcr Refractoriss Co. Ifcv, . f*07, treated as pooling of internets. ..eludes deferred Federal income taxes: $987,000; 1*87, $2A28,000: U88, U,S.0>; 198$, $2D70,000: 19*4, 1DM.OOO; 1982, $2.4,417; 1982, $1,008,842. (flNet of tax reduction. 0)1988-87: As restated for pooling. Q] Includes payroll taxes (1984. $9^18.000). 2)1984: Includes $59,800,000 not restricted. Scarce A Apptleatleu at Fund* (thousand *'souree at Funds: 1984 198T Net comings-------- Denr.. depL A amort. DfdT taxes 8c oth. dfd.______________ Incr. Lt. debt --- Deer, invest. sffU. cos. ------------------------- SS.ott 23,139 u.084 19,425 2.411 39,958 8.849 -------- IDS* is. Ha. deb. er._______________ Com. sold on options Property disposals Total --...-- Application of Funr Dlvs. declared .... Capital expend. -- Inv. in Symington Wayne _________ Invest, in affils. _ L.L debt retired -- Debs, retired (principally cv.) Purch. of treas. shi Non-cuir. assets I ------p--u-rch. cost____j is.ua 8*7 ^Solda A CO, S o he.. New Twk. h2L (net to company Mar.. 1988 In * . Co. m Feb., 12S6, Ilk ioqoiil- $