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T3 0> Xl S3 CQ S -M V> cu a 03 0) 13 0000-NLI-000018249 NATIONAL LEAD COMPANY and Wholly Owned Domestic Subsidiary Companies CONSOLIDATED BALANCE SHEET December 31, 1941 ASSETS Current Assets: Cash ................................................................................................................................................................ U. S. Government Securities (Market Value $ 538,145.47)...................................... Other Marketable Securities--Domestic (Market Value $ 860,883.75)......... $ 580,678.53 Other Marketable Securities--Foreign (Market Value $2,171,067.62)......... 993,431.70 Accounts and Notes Receivable.................................................................................... $15,689,352.40 Less Bad Debt Reserve.............................................................................................. 936,908.21 Notes Receivable from Employees............................................ Inventories (at Normal Prices, Excess at Cost or Market) Total Current Assets................................................ $ 9,359,040.11 503,677.51 1,574,110.23 14,752,344.19 303,968.59 23,380,564.67 $49,873,705.30 Investments and Advances: Affiliated Companies (at book value in no case exceeding cost) : Domestic ....................................................................................................................... $ 6,471,326.02 Foreign ......................................................................................................................... 3,504,798.17 $ 9,976,124.19 National Lead Company Capital Stock (25,883 shares Preferred A; 25,815 shares Preferred B; 7,646 shares Common) (Market Value $7,971,935.25)........................... 6,367,371.91 Miscellaneous Investments (not listed on any exchange): Domestic ....................................................................................................................... $ 340,411.58 Foreign ......................................................................................................................... 77,840.00 418,251.58 Total Investments and Advances....................................................................................................................... 16,761,747.68 Fixed Assets: Plant Properties and Equipment--Gross Property Less: Depreciation and Depletion Reserves............. $89,545,627.04 34,348,003.88 55,197,623.16 Patents and Licenses......................................................... Deferred Charges ............................................................. ......................... 362,070.86 ......................... 598,166.44 $122,793,313.44 # LIABILITIES Current Liabilities: Accounts Payable, audited but not due................................................................. Tax Reserve ................................................................................................................. Dividend Payable February 2, 1942 on Class B Preferred Stock................. Total Current Liabilities....................................................................... Reserves: Fire Insurance Reserve.............................................................................................. Employers Liability Reserve....................................................................... -......... Pension Reserve........................................................................................................... Reserve for Contingencies........................................................................................ Foreign Exchange and Miscellaneous................................................................... $ 5,277,081.89 10,907,390.72 116,193.00 $16,300,665.61 $ 4,797,284.02 426,664.30 2,182,836.40 2,800,000.00 166,542.67 10,373,327.39 Capital Stock and Surplus: Capital Stock: Authorized Preferred Class A--Par Value $100..................................................................... $25,000,000.00 Preferred Class B--Par Value $100..................................................................... 25,000,000.00 Common--Par Value $10.......................................................................................... 50,000,000.00 $100,000,000.00 Earned Surplus ................................................................................................................................................ Capital Surplus ................................................................................................................................................ Issued $24,367,600.00 10.327.700.00 30.983.100.00 $65,678,400.00 30,320,201.24 120,719.20 96,119,320.44 $122,793,313.44 DETAILS OF PLANT INVESTMENT Dec. 31,1941 Dec. 31,1940 Gross Property..................................................................................................................... $89,545,627.04 $79,504,810.75 Less Depreciation and Depletion Reserves................................................................... 34,348,003.88 32,436,827.15 Net Property .............................................................................................. $55,197,623.16 $47,067,983.60 Increase $10,040,816.29 1,911,176.73 $ 8,129,639.56 The present normal stocks of the Company are as follows: Lead ............................................................................................................................................ Tin .*!*.!!*.*.!!!"............ '.!!.................................................................................................. Antimony'*!!!'.!....................................................................................................................... 49.687H short tons valued at $0.03 per pound 1,124% short tons valued at .21 per pound 259 short tons valued at .05 per pound Stocks in excess of normals at cost or market, whichever is lower. 0000-NLI-000018250 W here the name person owns m ore than one Class o f Stock, there Is ft d u p lica tio n in the num ber o f holders. N a t io n a l L ead C o m p a n y 00 a Q <5 Pi O 0 Q <1 H 05 ri U3 Tf C- O 1 51 O C- 05 h-H SH3 N CO 05 H <5 5 2 C-_ =. C-. ; " rl N n oCO g 5 o me ,, ffl o E-t W uo Eh m Jc N 00 g- CO (N CO >a,- --o H GcoO oO t. S T}I 00 50 Jg^ig O ''l. iuHO 2?*w- co 04 doo1 00 J fr- 04 C0 2 CO H t- IjS <=L -1 2* to H N *o a; 2 .5 73 9 CU a <y 3 tic i & 3 .s 5 9s 39 2 ? *rt ^ en O 3 s 9 c 4S> 43? 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X al hJ gSPSl ; Wa o. a <a j < *: .jg os . ajg Piga P3< Ooj jS g. a?=l al^s3: <! . < PifcH'O wSdsd MM"fM g!| 2J< t <4 S ffl* at '^Zo5S gj 0asa-S Pi lB Wa^ w>iw . <<haw 8- "l<tJs ft^" a*Ste1s1 Bi3|Sg i3SsaS g>czo5 Sg |a g PftdO PW ft.- ft p g < n PS y u a* -f o ?** . HH . xH o f<t 0000-NLI-000018253 -t0-3J *OB 3 * s03 M .5 Q ^3 T3 C bo .5 a S *> 5 s Z n o-a>* a z or a< o q C OJ ' "* -a g .% E a> G 3 _ S C PH V >.<! .2 < rofc H-O M w < >-H a a a*Wj -uMi bf'O 5 c.2 | aCD u cd c = Tr3t i a S a ,g* u a 14 Ph S HH a wj <a PSi , aam bo G cd O w Oh-i ^ed cd Id -- aw h<h.rS; "g S w 4) 0SJ.'P SX!I,,--0vXSS-5^-23 a x O _ m i 2Ert) >B7. *TS"3 * "^xld SCW ,, S ll2& a < e-Sss ^ 11 -i aSo C5 2 s aV s ^ c3 c o5Q X P< <& <iagH*<>2yP s 4) P ww3 M M m ,||2 | G C 4> 09 fn a >HPhW a ft a fatzJ < z a ao Pi H a H O a H o a a ) N4 a s! Eh Z t-H a < z n< sZ <! O P< ft u Sal o Pi < <! 3 JS-o-S 5 cS ^ e8r* T3T3 UB4 a i| g ISsLi* S ^ C M P"3^ I 4) Ch .- c3 O O- a a<aaz o T3og c 1O cu si V flS-d a^ * g 'TJ Q) 000) 4Q3 to to V 4) 3 75 w 3 *2 S**4** V 5S M Pn a <n P S'? if ~ 'P Vi U. cVS i>s* <Ss C4> *42> 3 bC fc, ! M >H *3 _ -= ,g~45'~ocP-+eJfil ^ss.j 2pS*' oaa s sr* a yr* sq j mi ap ~*g 45.5 3 tj . SJ'SC jom< CS 0) > a r* G g^'cS'S^ S a'c'fiSg 11^ S*5*-5 c^2 y C C .2 W 'S c8 H-> aJ n 3 4.g S a-5 cSd ^ cca [ aj S3 C P C) 1 4> 2cSo?a aS5 00 .25 mL aL, T3 3 ft cS j I'ss g ajsi! 4> r2 is-S o PJJOUO a 1-s a G G CO ^*-2 G a, cd M3XU ^Ja5 B?Uh? o NCS3 0000-NLI-000018254