Document qmv8q7kdzoGeoxQpzJv9rR6M5
PAINT AND VARNISH DIVISIONS
BALANCE SHEETS AND
INCOME AND EXPENSE STATEMENTS
THE GUDDEN COMPANY OCTOBER 31, 19^2
*
GLD01I^9
FB 83 \L
PAXHT DIVISIONS October 31, 1952
Balance Shoot - Assets Balance Sheet - Liabilities Operating Statement Manufacturing Statement Other Incoffis-DoductieES* Bepraciation Expense Batail-Sundry Selling Expense
Page tfcurbor 1-2 3-U 5-8 9-12 13 - lh 15 - 16 17-18
4
GL DOU A?0
%
BALANCE SHEET - PAINT DIVISIONS
October 31,.1952
j I .*
TSSEfS" CURRENT
Cash on hand Cash on deposit and in transit Trade notes and acceptances receivables:
Not due Past duo Trade accounts receivable Reserve for doubtful accounts Reserve for discounts and allowances Inventories: Raw materials and supplies In process and finished merchandise Narketable securities Miscellaneous current accounts receivable and creditors* debit balances
Total Current Assets
Central Region No. 1
Eastern Region Ho. 2
New York Division
No. 16
I 1,605.00 $
510.00
15,000.00
1)9,1)72.23
200.00
7,500.00
3,3^3-75
- l),7222ii
839,953.1)5 15,973.03*
71)3,768,26 36l>,790.35 l!i,l)0?.96 8,1)17.?* |
9,325.00**
1,1)51,1)85.001,115,218.00 913,966.00 936,b03.00 169,629.00
10,1)75.62
li,OC5.57
2li3.!iO
OTHER ASSSI'S Miscellaneous notes and accounts receivable Salesmen's and managers* advances Claims against common carriers Sundry investments, deposits vrith public utilities, etc. Prepaid insurance and expenses Total Other Assets
PROPERTY, PLANT ANlS EQUIPMENT
"Xcnd~- 'at cost or less Buildings, machinery, equipment, ote, ** at cost or less Reserve for depreciation and depletion UivfiniEhod construction Total Property, Plant ana Equipment
$ 900.00
232.18
79.10
135.00 9,917.1)7 5 ii,263Tf5 5
-
555.60
- 60.00
2,1)39.7ii
68L.66
T7995TSi F^"TiSToS
t
?
$ 181,509.00 $ 91,1)30.00
\
3,286,31)5.00 1,881,81}3.00**
lls,633.00
wi^m76uiT.m
2,086,561.00
93M3li.OO* 12,91)2.00
26,766.00 22,7?2.K
\
Total Assets
SI),831,763.1)9 ^11,085,536.1)1) $51)3.1)10.93 \
* Indicates rod figures
1l
GLD011421
BALANCE SHEET - PAINT DIVISIONS THE GLIDDEN GCSiPANT AND SUBSIDIARISS
October 31, 1952
Southern and Texas Region
No. Ij
Mississippi Region No. 5
Northwestern Region No. 6
Midwest Tnriv?|fr.r,ial
Region
No. 9
Canadian Region No. 12
Pacific Region No. lit
New Englan< Division No, 15
oo $ 150.00 8
300.00 $
500.00 8 1,000.00 $
883.96 8
200.00 8 100.0
00
lb,98?.11
72,209.b0
b,905,51
9,8b6.05 199,b21.32
1,000.00 3,318.5
2b 1,250.00
b,6oo.oo -- 2,b20.37
b,027.77
37i282.19
- - b>217,00
-- -
iS 72*
163,3?273 5,095.58*
329,920.03
8,732.27* -
250,577.97
8,817.3b* 3,113-26*
906,656.95 1,051,197.90 10,907.52* 19,385.b2*
b,85l.70*
557,283.00 209,268.1"
12,53b.90* b,6o5,6'
15,000.00*
"
00
b6l,821,00 29b,250.00
-
227,593.00 25b,912.00
-
357,085.00 l,Obb,563.CO 200,930.00 258,889.CO
-
5bb,bl9,00
b??,9b8.00 629,300.90
563,002.00
-
530,591,00 105,232.0
--"
bO
56.00
131,13
T~95o7BirT6 5 "37673.309
350.93
3,277.bb
29,980.05
lb-,012 bO
b37.7
$^13,32^ $2,9l2,9bl,78 81,685,052.69 $313,75077
%
- 985.12
00 66 I,bb3.l8 65 5" 2,b28.30
8 12b-30 2,b65.96
300.00 1,690.06 7580,32 .
2,200.00 $ --
111.07
1,116.82 89.37
37?ST^5 8
8 1,523-39
803,25
188=00 2, 51b."6b $
8 155.02
33. Cb
12,761.82 12,969.88 8
$ 96=12
6CO.00 16,226.83 16,922.9? $
" "*
-
* $ 5b,b08.00 8 bl,bll.OO $ 29,009.00 $ 163,707,00 8 96,877.00 8 Il8,b55.00 8
00 58b,558.00 00* . 220,06b,CO*
360,99b.CO 219,bb8.CO*
b92,682.CO 2,b78,396,00 1,072,536.CO 276,926,00* 911,117=00* 5b2,0b2.00*
905,359.00 20,563.0 b21,7l5.CO* H,5i3,c
.
62.00
b,b03.G0
-
22,7bO,CO
18,717.00
376,00
-
rocT Sdj.OO TB7,3'5o Tc o r 2bb,?657oo $1,753, T257k > S 61x5^088.00 8 6o2,b75.oo 8" 9,0507c
93 $1.3-5 2 ***,-.--1--8--t--3-f.54 v-ft*\!ia.068.078.61 a .057,7-5rv.1tcj.--.babaat 83,969,565,56. 53,572,019.65 8, 2-.r3*0nbr,^b5-o-.6---b-=2 8322.600,5
GLDOII^IA
BALANCE SHEET - PAINT DIVISIONS
, THE GLIUDEN CCSIPANI AND SUBSIDIARIES
October
1952
Canadian Region No. 12
Pacific Region No, Hi
New England Division No, 15
Midwest
Trade Region No, 1?
Southeastern
Region Ho* 68
Metropolitan Branches
Total
883 96 $ 199,521.32
200.00 $ 100.00
1,0C0.C0
3,318.55
800.00 100,00 $ It,595,76 % 10,955.72
26,Ii32<>21
11,670,30
1*15,762.67
5,027.7?
1,051,197.90
19,385.52* 5,851 70*
555.519.00 577.958.00 629,300.90
37,282.19 hi217,00
557.283.00
.12,535.90*
15,000.00*
568 002.00 530,591,00
209,268.n
5, 6C5.60*
105,232,00
5,519.27
327.87 350,776.99
7,780.00*
1,800,00
210,668,15 5,817.00*
23,153*89
1,550,530.26 57,879.51* 2,920,31*
361,087.00 525,799.00 108,955.00 1,91*2,833.00
8I*,699.11 6,965.25
7,l*08,66It.l5 180,355.80* 35,210.27*
6.131.078.00 6.619.337.00
629,300.90
29,980,05
Xh ',012 50
537.71
1AJ3>5u.O3U8
-
1W65z.30
63,271m*- 97\3J
vn%m~T6 1,1211,665751 3l*57iIOS 575527650775 21,155,1*60.65
195,02 33.05
12,761.82
96-12
600.00 16,226.83 157922.9? ~
6,238.89 $ 965.36 365.00
r T75505 F
211.63
211=63 F
11*6.20
7,833.76 9,391.10 5
9,358.69 2,075-89 6,239-8?
5,017.96 53.586.52 T5,T5S7c5
96,877.00 S 118,555.00 $
I60,6c5.00 $
$ 28,000.00 $ 965,510.00
1,072,536.00
552,052.GO* 18,717.00
656,g 06.c
905,359.00 20,563.00
521,715.00* 11,513.00*
376-00
-
602,575.00 9,050,00" $
983,05?.00
659,801.00* 2?5.CO
i*6a,i3>Tco
18,813.CO 569,782.CO
12,555.00* 305,218.00* - --
6,359.co s' 192,56a. 03
12,786,512.00
6,518,957. CG 75,1**8.00
8 7,507,023,c g
3.572,019-65 $2,305,550-65 $322,800.76 8l.,6l6o67^76 $358,708-99 S3.,565.003.89
GLDOll *,21
GLD0113?1B
BALANCE SHEET - PAINT DIVISIONS THE GLIDDEN COiPAKY AND SUBSIDIARIES
October 31* 1952
ir. .a aa-r t n TTK^iTf. aanrr.ar.3ra
~ Lia b il it ie s
c ur r ent
Accounts payable - trade, etc.: Accounts payable for purchases, etc. Payroll taxes Employees' inccas taxes Customers* credit balances Personal accounts
Unpaid vr&ges and compensation: Unpaid payrolls Unpaid commissions and bonuses
Accrued liabilities: Taxes Titter, rent* etc.
Fedora!, otatc and Dccinion taxes on income - estimated Total Current Liabilities
XlffitACONPAKT ACCOUNT
""private ledger ~ Cleveland (including outstanding capital stock of sub sidiary osaad by Parent Caspars)
Stated capital KC&IKAL
Earned surplus lict profit from operations for the fiscal
yesur ended'October 31, i?52 before providing for Federal income taxes
Total Liabilities
Central Region Ho. 1
Eastern Region Ho. 2
Hen York Division
Ho. 16
17,789.95 14),2?72? 5,355,1)?
3,1)81.53
5,893.51
36,311),22
21), 1)05.87
9,288.93
1,183.63
272.87
1),211.?5
lb,893.1? 72,577.1)3
18,256.76 91,205,63
13,055.61
22,551.12 3,000.00
12, 951). 96 3,833.63
-
-- 28,1)25.70
5 ` iW,HIT2o T~2W,bk>*<%> 23,693 96
3,6So.6?6.6o 3,2X9,116.29 f4i6l,082 -?>
_
$
996.973-.69 ' 635.930,07 58,63d. 70
* Indicates rod figures
GLD0TT422
err York dvisioh No. 16
Southern and Texas Region
No. b
Ui83is3ippi Ragion No. 5
Northwestern Rsgicn No. 6
Nubian Nicreest Industrial Region
No. 9
BALANCE SHEET - PAINT DIVISTO' October 31, 1932
Canadian Region No. 32
Pacific Region No. lb
New ] Div3 No.
5,355.1? 272.8?
6,309. C9 l,b87.3b b,123.99 1,037*50
$
18,053.,6i
2,?lb.30 27,798.20
..
3,bOQ.GO % H?,070,112 5
10,022.15 1,067.11 7,020.58 2,978.57
$
6,251.66 35,217.35
3,182.20 100.00
1,600.00 57pl39T&2 5?
6,li8l.37 55,389.73 0
6b7.77
2,705.bb
2,980,79
17,319.87
12, 221.It7
156,081.06
3,202.3?
76,857.28 382.21
7,291.bb 16,291.90
118.75
$
30,228.95 0
2,13b.26
7,509-62
1.
lb,576.55
3,71b.9b 20,352.60
11,821.73 I62,bl3.5l
12,083.58 71,991ob6
15,318.12 30,12?.6b
8.
17,515.88
2b,002.lb
3,73b.91
3,258.58 9b3.22
2,
3,500.00
-- 2b3i570.76
--
57,131178? 0 " b33,136.05 1 h32,$22,29 T lCb,(#6.9b TITi
:6l,082 ?> $1,005,802.60 $ 667,752.81 $ 792,667.62 02,623,369.^0 $ 96,863.20* 02,003,116.01 $282,
*0
8 8 8 50,000.00 0 $
- 8 0 $ S 02,^3,232.38 8
58,63b. 70
299,310,3b 332,886.18 197,669.00 j^Q65.o?^..6l SU57^Z SljJJk
913,060.01
b33,128.19
197,237.69 26,
53-5.7.2-OA9-66 82.30b.b50.6h $22,
GLD011322A
bal an c e s h eet - pain t d iv is ig n s October 31, 1952
Canadian Region Non 32
Pacific Region Wo. lit
New England Division No. 15
Hidsest Trada
Region No. 17
South eastern Region No, 68
1
Metropolitan Br&nehss
Total
$ 76,857.28 8 30,228.95 $ 836.77 $ 16,355.70 $
60.56 $ 22,3t8,97 $ 292,513.28
582.21
2,13fi.26
391.22
2,066C6
609.20
89.C
21,962.76
7,291.ht
7,509.62
1,076.10
10,865.33
2,2t9.72
3,372
12t,729.97
16,291.90
It,576.55
litO.20
7i729.5?
1,82.70
508.92
228,669.92
118.75
-
1,259.73
- 8,792.80
12,081.58 71,991^6
15,318.12 30,127.6k
351.33 8,171o3h
5,863.5t 32,752,t5
18,010.00
--
162,03.82
91,269.13 751,090.1?
3,73h.91
3,258.58 St3-22
2,550.00 80.68
19,196.63 I1UL.I6
13,?9t.28
119,005.79
- " * 12,133.60
2h3;570.76 $"'32,522.29
.. . I,22t.l9 7,260.85 Tl3^9?765 1 96,530.17 $ 23,636.37 215,159.32'
288;981.50
8 96,863.20* 82,003,116.01 $282,396.5 $1,032,358.77 $189,897.66 $2,693,528.16 &8,3?t,903.?2
$ 5o,oco. 00 $
-$
$
$$
$ 50,000.00
$2,753,232.38 a
$$
$$
$ 2,753,232.38
1133,128.19
197,237.69 26,506.67
37,78.82 135,171.96
855,316.61
$3 <572.019.66 $2J5kJ]50._6h. TS3^w2j2iiR.j8sCraO-a.7V6,-t SI,616J6?:16 $3J?8,I08i9 8i,56h,..m8
5,519,356.73 $28,636,6l.73
GLDOll
GLD0113S2B
OPERATING STATEMENT - PAINT DIVISIONS
TnE^T&DErOTTOTll'Wn S!JS5XIS3A5mS~
Fiscal year ended October 31, 1952
3-
SALES - REGULAR G337
Return sales Overcharges and sales credits Freight and cartage Sales tax TOTAL DEDUCTIONS k e t b s c is -----------COST OF SALES (Manufacturing Statement) g r o s s Tr q f it
SELLING, GENERAL AND ADMINISTRATIVE EXPENSE ~2~ Salesmen's salary and coraaission
3. Salesmen's expense 8. Other territorial charges 5c Sclaries - office 6c Local administration 7. Advertising (Local) 8. Promotion expense 9c Bad debts provision 10. Depreciation 11. Discount - cash 12. ftrrplcyees* welfare 13. Heat, light and power 1U. Insurance 15. Legal expense and collection fees 16. Maintenance 1-7. Office supplies 18. Postage 19. Printing and*stationery 20. Rent 21. Sales development letters 22. Samples and allowances 23- Storage 28. Taxes 25. Telephone - regular 26. Telephone - long distance 27. Telegraph 28. Traveling expense 29. Watchman, and janitor service 31}. Sundries
Total Operating Expense 35. National advertising 36. Cleveland administration 37. Research
Total Expense
* Indicates red figures
Central Region No. 1
Eastern Region No. 2
New York
Division No. 16
$9,186,800- Oil $7,Ii86,203c 23 $1,858,892,3
$ 106,787.21 61,661.68
250,801.n
6,156.79 $ ii25.li08.79 S5775X7393725
5,970,183.31 $2,791,207*98
$ 62,502.69 82,361.36
311,031.28
_
$ 815,895.33 vnw&sTM
!ii882i97u.92 $57^7,355798
$ 18,638-7 12,198.2 77,053-2 -
$ 103,882.3 $17751751(576
1,222,668.2 $ 528,3817?
$ 8?8,5o8.l8 * 353,898.58 $ 110,170.3
lli3,855.05
llli62li.65
82,867.0
7,878.75
80,80?.9?
5,882.C
215,053-21} -
210,9l}2.37 21,1}70.23
72,198.1 -
ll}2,370.61
117,998.70
68,056.7
3,75U.31
83,775,76
10,201.1
10,7ii?.l}3
5,700.00
3,350.0
5,300.55
5,366.12
593.3
35,210.85
57,132,78
10,877,6
7,171.36
5,686,39
2,119.9
3,776.88
1,983s 52
567.1
1,127.06
1,982.76
1,858.8
li73-06
335,68
586. C
5,883.1,2
2,992.73
602. C
8,687.93
1,888,93
1,815.1
6,l}05.67
11,858.83
2,879.9
11,181.10
18,235.85
3,2688
8,719.86
13,782.03
7,200.C
152,573.21
126,158.78
3,963.3
72,010.61
25,851,13
5,555.9
2,151.69
7,365.66
18,682,82
2,699.2
7,373.63
2,958.90
1,567-2
5,609.58
6,575,16
1,088.8
1,898,36
2,926,58
837. c
11,718.06
27,670.60
5,369.S
2,969,62
8,636.09
1,036.2
2?,1}Q1.Z7
15,535.98
6,879.7
ii73SirroT2Tc5 $1,289,171.86 $ 368,373.6
19l},8S5-97 188,800.00
95,260 00 161,800.00
78,550.0 20,800.0
85,383.10
30,690.00
6,808.0
^TTBGTBirroT $X753irn?5 nTO?T?5
GLD01T123
New York Division No. 16
)l,85b,892.32
lb, 63b-79
12,1911.26
77,053- 26
T 103,882.31
1,222,668.2lt
' - . - ~ ~ -- ~ ~ ~ .4.
Southern and
Texas Region
No. b
Mississippi
Region
No. 5
Northwestern
Region No. 6
Nubian Midwest Industrial Region No. 9
OPERATING STATEMENT - i
TtSP
Fiscal year ended Oct<
Canadian Region No. 12
Pacific
Region
No. lb
Nt
I
$l,606,llib,,65 S3,bb5,719.b6 82,23.2,375.53 88,595,151.31 $6,bbO,562b6 $b,020,600.38 $1,
$ 15,229.12 5,h8i.65 13,571-58
9 6a ,282.35 fOEnBBrao
935.b6l.32 r1RSboo.9S'
$ 3b,360.b5 39,265=b6
107,688.12 1,017.91
S 182,831.9b
2,272,968.7b S9S979TST6
8 32,817.2b 32,ob5-b? 75,10I1.33
-
9 119,967.0b
I,b59,335.9b $ 633,072,55
$ 130,823.23 25,b7b,06 lll,b91.20 2,287.7?
rT70,075^|
5,923,051.85 2^^023723
$ 80,3b7.26
116,356.82 239,728.10
3,9bl.61
$ ab0,37O9 $S"6b6,m'3T
b,012,997.96 $i,?8?,19dIEl
$ 61,518.20 b2,125.b?
159,658.91
_
|3~
2,7b6,19B.5b $1,011,099.30
$
v$r, r~
I 110,170.31 h2,867.0b 5,812.05 72,198.11
(2} 68,Ob5.97 $ 175,098.62 $ 82,196.77 $ b?9,812,68 $ 259,793.30 $ 173,203.06 A
(3) I8,6b?.b6
61,632.92
5o.6b9.28 163,672. b2 10b,6b5.01
66,023.79
(If) 5,832.60
6,128.20
9,7b5.Cb
29,327.03
21,875.0b
9,931.0?
(5) 38,690.37
78,800.9b
61,596.00 21b,27b.55 182,778.11 100,531.95
(6) I5,18b.2b
12,7b0o72
lb,621.00
19,7b3.76
1,962.88
16,527.60
61,056.77 (?) 33,773.15 101,170.69
61,362.67
17,2b6.31 239,106.1b
91,b93.13
10,201.17 (8)
2,101.70
6,562.76
2,557.5b
16,25
18,2b!. 72
6,2b8.88
3.350.00 (9)
1,338.71
1.000.00*
232.62
-
12,b93.10
9,260.27
5S3-37 (10)
609.99
1,859.00
713.89
1,773.50
7,358.bO
1,775.bl
10,177.69; (11) 10,220.29
l?,5b7.26
7,9b9.00
529.b8
33,20b.17
13,939.56
2,119.9k (12)
1,879.33
3,195.5b
5,161.69
ll,803,bb
6,636.39
b31.2?
567.19 (13)
180.00
l,503.b6
1,255.92
3,119,50
5,650.38
2,6b9.9X
1,65k.b8 Ob)
262.50
181.7b
3b6.0X
1,113.01
5,707.13
2,631.3?
5b6.03 (15)
225.77
29b.15
8b2,33
112.11
bSb.72
b25-01
602.(9? (16)
b92.77
1,580.71
3,2b5.29
2,907.75
5,713.35
2,038.25
1,315.15 (17)
207.07
1,003.79
373-59
2,091.b6
1,671.76
1,303.0b
.2,1j 79.93 (18)
3,26b.81 (19) 7 200.00 (20)
l,13b.05
l,b6l.9b 2,bOO.00
1,760.57 8,036.b7 2,618.51
3,b73.5b 5,936.b6
3,551.13
3,230. lit b,236.90 lb,057.85
6,6bb.08 l!-,632.b6
10,238.b9
6,b50,,35 12,630.73
8,313.b3
3,963.3b (21)
319.63
2b,b9b.28
b,197.2? 188,037.53
53,637.70
bO,157.93
5,555.95 (22)
3,360.02
513.55
.8,133.16
60,691.98
27,71b.80
bb,765.12
(23) -
- 5b3.03
-
-
-
2,699. lb (2b)
6CO.CS
1,828.73
1,980.00
7,31b.b2
12,106.36
12,8bi.b3
1,557. 19 (25)
5X1,80
2,137.21
1,590.09
8,117.19
3,509.67
5,b69.b6
I,0t8, 86 (26)
571.22
b,605.G3
l,b96.3>
13,191.28
2,3b8.20
3,505.67
b37. 68 (27)
566.19
1,259-29
5b?.b6
1,735.07
5,036.81
3,885.b9
5,369. 99 (28)
96b.9b
6,376.86
8,178.lS
n,229.?b
18,369.82
3,179-96
1,036. 23 (29)
1.721=05
12,6b2.85
6,219.16
2,632.7S
%
oj
78 Ob) $ 368,373 6a
7b,590 00 (35)
b, 511.73
8,632.56
9,538,85
33,875.06
85,073.00
19,927.98
~S-T3ofST3. ?S T-'SpZW'B m^0bf55372p ^173.52^15 5 55b,173.90 w
37,010.00
?1,?SO.CO
23,780.00 22,060.00
20,720.00
55,550.00
20,800, 00 (36) !i6,?00.00
b2,?OO.CO
bb,OOO.CO 1/(9,800.00
bO,800.CO
79>100.00
6,808. op- (i?)
6,9?8.00
$ ~E7o5F3 ,6b
r~3oy;iTQ]i
15,835.00 T 776079717778'
10,212,00
OISM31
b?,31b.00 SI,525.727.2?
I5,5u5.oo $1,229,917(i5
6
17,81b.00
8i 6,637.9o
(l
GLD011323A
OPERATING STATEMENT - PAINT DIVISIONS THE GUDDEN CCKPAfe ANirsUBSJDIAfilES
Vises! -year ended October Jl, 1952
Midwest
South-
m
Pacific
New England
Trade
eastern
Per Cent to
a
Region
Division
Region
Region
Metropolitan
Net Sales
?
No. ll________ No. l5__________ No. 17
No. 68
Branches
Total
This Year
2.56
020,600.38 $1,212,557.39 $3,789,151.00 $1,507,186.71 $12,01*2,187.10 $63,399,521.58
:7-26
:S,82 :8.50
tl.6l
nrQ9
37ff r.96 3751
$ 61,518.20 142,125.1*7
159,658.91
'$ 263,302.58
S57&WTBS
2,756,198.50 ^011,059.30
$ 30,585.55 12,055.17 55,315.01
777,089.25 ~33Ht50375r
0 66,1*26.23 1*2^775.67
ll!i,913.35 39l*l*.96
$ 228.o6o.2i
2,21*2,350.31*
$l,3l5|?55^i5
19,919.1*5
$ 19,919.55
WTm&srss
1,036,277.93 $ 1*50,589.33
$
r~
- * 636,1*31.97 1*11,797-07
1,565,275.00
17.351.01*
^27530,^557^
sso/rsfesrso
105.332
1.05*
.68
2.57 .03
l65Tocg5 68.11 ~W^9%
*
3.30
$
173,203.06
A V
67,019.75 V 235,885.91 $
75,215.61 $
697,355.62 $ 3,255,188.36
5.01
68,023.?9
27,068.79
35,565.67
32,355.73
156,550-30 1,016,197.11
5.01* 3.11
.88
9,931.07
100,531.95 16,527.60
2,869.37
58,925.99 '-
22,588.79 126,357.35
16,225.05
633,57 39,990.21 17,257.0?
26,095-10
772,317.55 29,915.57
183,650.56 2,162,556.73
165,637.02
5.11* -.72 3.10
91,1*93.13 6,21*8. S6
9,260,27
51^850.09 3,706.52
2,575.97
129,181*.68 3,088.16
11,925.00
39,375.91
5,615.92 -
363,958.13 21,938.02
51,303.28
1,552,937.18 126,807.61
97,825.38
3.1*0
1,775.51
1,765.86
1,759.50
1,073.92
25,861.29
55,809.80
1.17
13,939.56
8,075.63
19,853.26
9,750, C5
68,823-52
293,713.53
>.39
531.27
1,927.66
7,565.88
1,259.59
15,233-55
63,970.93
.38 2,659.91
852.81
3,758.99
915.57
25,382.29 . 51,586.32
.13 2,631.37
835.55
599.66
1,752,32
28,697.53
57,050.93
i.72 -35 ..76
525.01
2,038.25 1,303.05
215.57 930.72
827.29
100.57 3,655.37
757.61
181,5?. 1,176.95
1,395.31
5,029.37 13,819.56
18,519.53
9,265.75 55,028.90
36,151.56
-.08 6,550.35 1,931.75 3,571.92 1,551.59 19,756.35 69,787.67
.56 12,630.73 .1*9 8,313.53
3,11*7.17 7,100.05
6,650.77 3,300.00
2,592.51 2,577.50
37,552.95 2d.,299.15
126,359.71 288,018.02
.70 50,157.93 .80 55,765.12
326.85 3,253.29
8,556-51 793,86*
1,053-98
5,553.20 -
13,555.77 27,399.60
5?2.5o
617,532.73 282,909.55
3,167.22
.36 12,851.53
1,556.66
2,789.15
855.1?
52,665,29
109,173.83
.67 5,569.56 1,555.52 6,071.66 1,233.53 21,707.05 63,787.70
.20 3,505.67
996.58
3,233.95
1,615.51
17,931.9?
62,731.16
;.8l 3,885.59
211*. 96
730.95
1,166.55
3,551.25
23,995.69
.62
3,179.96
5,737.39
9,755,65
3,052.73
73,251-63
185,835.80
.16 2,632.78
720.00
2,836.80
1,225.75
5,907,95
52,557.28
.00 19,927.98 11.808,53 28,257.38
5,570-28
65,585.8?
320.898,35
715 ? 665,173.90 $ 257,372,95 $ "'591,587.21* f 25575508 ?TT-1,2,296. J 5 71057,900.36
.00
55,55o.co
37,680.00
110,750.00
37,950.00
303,850.00 1,090,885-97
.00 79,100.00 15,300.00 66,330.00 20,200.00 i56,5uo.oo 1,031,920.00
,00 17,815,00
5,538.00
17,615.00
7,952.00
226,923-10
.15 $ "Bl6,637.90 $ 3157090:9$ $ 886,321,25 F 118,635.88 S 3,302-m^Ii 7537617,629737
5.36? 1.67
.31 3-56
.27 . 2.39
.21 .16
.09 .58 ,11 .09 .08 .02 .0? .06
.11 .21
.57 1.02
.57 .01
.18 .10 .10
.05 .30 .0?
.53 "TB75S#
1,80
1.70 37
GL00114?3
GLD011323B
OPERATING STATEMENT - PAINT DIVISIONS I:1T1511fiDEN"tfCWpANX AND SUBSIDIARIES ' Fiscal year ended October 31* 1952
Operating Profit-Loso PROFIT ON INTEiRDIVISION SAtES o t h e r 'IttoqagiSEtiiifl^tbNS*'-'.MET
" Net Profit-Loss* Before Taxes on Income
p r o v is io n RSr noytftIM AN6~STSTE Tax s o N-In c 5m"
Net Profit-Loss*
Central Region No, 1
Eastern Region No 2
New York Division No. 16
$ 978,066.8? $ 650,391.52 $ 57,770.13
18,906.82
11,988.55
$ 996^973.65 r 662,380.0/
26,too. 00
86ii.57
--- Indicates rod figures
o. 7
GLD0TT424
OPERATING STATEMENT - PAXHT DIVISIONS THSTg LIDDEN COMPANY AND SUBSIDIARIES
Fiscal year ended October 31, 1952
New York Division
No. 16
Southern and Texas Region
No. U
Mississippi Region No. 5
Northwestern Region No, 6
Nubian Midwest Industrial Region No, 9
Canadian Region No, 12
Pacific Region No. ill
New En Mvis No.
57,770.13 $ 3Q1,2695U S 328,91(0.00 $ 196,3143,12 $ 876,295.9! 8 757,273.26 $ 19U,li6l.l40 2li,
86L.57
1,322.03
5,188,,Ij 3
3,720.19
36,761i.IO
60,85h.93 __2,?76.29
--f"3ol;5'902 F^H^I557E3 =~?o o ,'^375I FH^TKo j o I T'TfiStfSO? ~R0577^
'.
3,281.28
1,2142.25
2,39lt.6l _______ ___r_ 335,000.00
i__ 58.63fy.7Q ^.igg^ioak i.jM.giMi LMumm LmmM
LmmM
8
GLD011^4A
Midwest
South
ian
Pacific
New England
Trade
eastern
Per Cent to
on
Region
Division
Region
Regia#
Metropolitan
Net Sales
12
No. Hi
No. 15
No. 17
No. 68
Branches
Total
This Tear
273=26 $ 19L,L6l*L.O. $ 2L,5l2,L6 $ L32,319.21 $ 132,3LL,L5 $ 832,922c32 $ 5,762,91049
9*L8?
SL.93
ZSSZB ->00.00
2,776.29
1.99L.2X
5,159.61
r~55j5S5^ r"B7,TT?0?
135>?9996 '325.00
862*116y
181,890.08 F57&M5OT
6^800. LO
L25.LL3.5L
.30 9.7*5?
,70
?__26,5o 6,67.
^l^Uk.36 $ 855,316.LI
9.O8?
GLDOll^4*
GLD011324B
*---g----rrr-
MANUFACTURING STATEMENT - PAINT DIVISIONS
THE GLIDDSN COMPANY AND SUBSIDIARIES Fiscal, year ended October 31, 1952
srjucra
am*
txt n --
MATERIAL COST Rev? material, etc. Packages, cartons, etc. Total Rateriel
LABOR Productive labor Kon-productive labor Supervision arid clerical Total Labor
RAL'UFACTURIKG EXPENSE i. Heat, light and power 2. Fuel - coal, coke, gas, oil 3. Maintenance it. Rent and storage 5. Factory supplies 6 Water T. Freight, exore3S and cartage 6. Material end return goods loss 9. Telephone and telegraph
10c Traveling expense 11. Employees* welfare 13. laboratory expense lit. Laundry 15. Purchasing and cleaning storage drums 17. Local administration 18. General factory administration 19. Social security, taxes 20. Sundries
Total Manufacturing Expense
FIXED CHARGES
Insurance: Fire, use and ooeunancy Liability end compensation Group life
Hourly employees' retirement plan Bo predation:
Buildings and yards Equipment - furniture and fixtures
Total Fixed Charges Total Labor, Expense and Fixed Charges Less labor and expense redistributed Net Labor, Expense and Fixed Charges Inisrhmise clcricaX (Points) Total Net Labor, Expense and Fixed Charges
Central Region
No. 1
Eastern Region
No. 2
Ns r York
Division No. 16
6,025,810.89 $5,752,965.32 $ 838,551.59 Iil59i7l6.03
6,863,252o38 $6,902,680.50 $
**
?92,6?6.$0 55,505.96
216.859.15 i'io5C93bte'j
673,125.23 53,376.19
182,555.23 $"9053535
$ S
$ 11)^851-55 10,599-71
110,657.10 -
10,256.12
9,330.92 2,236. Gb 22,060.0U 5,901.89
93.5b 2)1,036.76 73,063.73
2,660-73 5,659.65
-
53,200.00 21,558.56 22,109,70
7~5o7,595*92
67,187.36 7,780.35
65,639.91 -
32,065.53 2,307.95 1,616.5?
lb,328.06 b,b29.5? 1,529.03
17,760.68 29,619.79
6,109.03 26,253.80
5,566.63 55,500.00 11,766.11
15,500.15 5*32353
> r
-
-
-
-
-
77,081.5b $ 12,053.69 $
27,011.91 11,052.35 12,759-35 55,250.00
27,935.22 6,037.81
15,578.30 53,200.00
' 37,572-20 25,037-82
ii 235T7EF555
1,797^X7X3 58,802.06
51773539752 11,157.85
$13951737
21,796.6? 21.573.05 r~TECT233 $1,509,960.?6 ' 8,361.96 1,561,598.56
-
$XI5o i,598.86
r~ $
$
-
-j -
~
-
o
GLD01T325
Ns* York Division
No. 16
Southern and Texas Region
No. b
Mississippi Region NO, 5
Northwestern Region No. 6
Nubian Midwest Industrial
Region No. 9
mWACTURING STATEMENT ^remi5ardHNrAN
Fiscal year ended Oct
Canadian Region No. 12
Pacific Region No. lb
New Div
No
32 $ 03 55 F~
$2,552,707.06 388,183.06
L,0b2,50b.52
161,353.33 51^37857750
0 5
859,583.30 131,105.98
?5o,SBF725
$5,265,12b.68 315,839.76
$57536796021
$2, 988,035.63 3n-.3b7.bb
55^99,^137
$2 ,307,6bl.08 -356,11(1.82
52720,7800
$ F
23 $ 19 23
55 $
-
$
222,712.73 22,082,,2b
s
125,715.3? 9,072-87
$
107,860.58 6,03.6. b7
$
399,057.88 71,132-96
$
262,3b8.65 25,21:8.63
0
266,850.55 29,321.2b
$
-
79.5b2.20
_ 56,56b.73 I" 1917353'-0?
33,826.3?
1723563b
nsr/foOT rusOTi
93,663.33 sr3sr;36o7tsi
*
70.56b.15
36 % 35 91
b3 95 59 oS b7 .03 63 79 .03 =80 .63 .00 11 .lb 35 $
$ u, oio. b? $ 9sb08.89 $
1,363.21
25,738.96
15.255.00
167-50
-
7,058.56
8,967-92
- 390. 1j 8 537-23
- 393.13
-
2,110.16
8,123-58
- 1,811.39 - 620.01
517.50 b83.03
- 1,351.71 1,559.01
2,059.37
7,05b. 98
.-
9?6.3b
1,233-36
- 7,5b9.7b l,2ibl.93
- 5,766.63 b,383.26
111, bOO. CO
15 600.00
8,70b.b5
3,66b.5b
- _ 8,787.95
2,957 77
- rT20,b02.56 5--51^37535 $
11,837.26 $ 53,188.33 $
2,31(1.9b
8,766.6?
13,2bl=h9
117,157-C2 6,296.38
b,6b6.?0
b9,76b.67
30,830-79
7,255.33 31,336.68
-
18,985-06
$
12,lb0.b2 5,b2b.?b 30,119.01
791.75 17,892-78
1.507.83 lbl.Q3
2.726.83 l,827.b7
570.00 1,192.66 17,632.78
b?b36
8,960.20 3,758.36
lb,79?3b 6,126.26 1,830. b8 6,980.92 75,189,2c 6,558-81
2,lli2A2b 3,719.82 5,911-96
2,659.19 56b,89
6,623-95 11,178.6b li,069.1b
Bbb,?3 75.96
I5,b55.05 3,035.bO b72.03 2,119.18 3,311--0b 8bl,31
1,333.98
12,8h7.26
1,230.3b
10,130.9?
b,383.26 12,000.00
b,b37.5Q bO,800.00
7,200. CO
5,766.63 22,800.00
2,085.92
10,88b. 66
2,808.33
9,933.75
3,536,7b
23,b05. bO
6,28b.18
?,6b2.00
617800,27
t r o t t s e r lSSt796797
..69 $
;22 ',81 ..30 ).O0
3.6?
3.0b 5775
577S
1.96 05
Oo
9,350.91 $
5,967.15 6,332.9b 3,293.25 11,160.GO
b,267-03 8
, . ?2 160 1
2,370.09 2,158,35 10,800,00'
6,260.80
3,217.71
8,620.32
b,bl8.00
595iT3? s 29,3905"
55,72010 B 362,119.9?
077.66
2,618.51
1 b9i,6b?bb F "299756TTEI
_ ir^J.361.89
9C0-.00
$ 3oo,boiJS
16,020.00 $ 21,600. CO $ 16,631,5b $ 2b,135,60 $
2,b73*77 3,b50.b8 1,729.61
8,779.86 9,775.92 5,95?.b? 22,680. CO
7,713.5b 1,660.20
b,090,73
6,381.5b 5,963.6? 3,230.50
5,388.00 3,92b-13 ^2,985.99
23,577-99 3b,658.66
$ 127,029.90 $1,221,327^3'
27,1(75.96
$57193,851^7 8,13b.51
$172of75SOg
17,176.09 2b,812.52
72,oSh62
"595,1077 12,091.59
"53b,093.18
r~5B'C7gCT
8,bl3-12
11,597.05 '59,72OT
375,25b. 39 6,55b,71
3^9755
F~' r~
$
568,699.55 B '
1n
GLD011^5A
URINO STATEMENT - PAINT DIVISIONS TBq en Co mpan Fa n d 3UBS1T5ia RI 1 year ended October 31, 1952
Pacific Region No. 18
New England Division No. 15
Midwest Trade
Region
No. 1?
South-
eastern Region No. 68
< *
j Metropolitan
Branches
Total
Cost Per ICO Units
Manufactured
This Tear
,307*681.08 8 356,181= 82 ;663,162.$6 5--
**
$2,590,217.17 $ 876ih77.55
$3,(/66,694.?2 $
266,850,55 29>321<=28
70,5611.15 %>6,n%
$ S--
*
--
$ 268,678-36 $ 29,987.2h
112,502.09 $
12,180=82 5,828.98
30,119.01
791.75 17,892.78
888=73 75.96
15,855=05 3,035. to li72.03 2,119.18 3,311=Oh
881=31 10,130.9?
5,766.63 22,800.00
9,933.75 7^682.00
> 188*796=97 5--
-
* -
--
( i) i 2)
( 3) ( 8)
( 5) ( 6)
( 7) ( 8)
( 9) (10)
01}
03)
(ait) 05) (17) 08)
(19) (20)
$ 39,715.12
-
52,859-5? -
18,650.88 969.90 622.78
2,701.93 2,888.70
568.73 3,788.52 12,161=08 8,205.09 9,535=77 8,369-76 28,000,00 9,896.02
13,326.33 $' 195,816.78
$
$
J 28,135=60 8
6,38l<=58 5,963.67 3,230.50
-
-- -
-
8,813-12
11,597.05 S 597^?OT
$ 25^*3?
6,558.71 8 568,699.68
$~T58759'$,SH
3-- 3--
5--"
&
.-
-
-
$ 20,878,08 $
3*850.98
!i ,716.6? 2,977.1? 9,360.00
22,67h.92 7,319.02
71,372.80 3~B,352=?7
12.881=60 $ 686,870.6?
6,650.73 $ 692,121,80
$ $
$
$
$ *** $ '
- $29,383,588.65
8,128,906.56
90 55375I27II9572T
$ $
$ -
* -
T
** s
fl $ 3,139,021.85
- 291,682.80
- 1,018.323=83 8,880,938-88
350,170-26 - 83,536.15 - 862,018,88 - 7,275=63 - 198,287=72 - 26,991.88
12,568.71 - 88,515.15 - 27,833.27 - 6,731-69
65,673=39 251,270=63 = 27,368.17
75,983=51 - 38,673.69 - 228,800.00 -= 81,312.28 - 102,550.29 - $ 2,083,150?
-$
--
_ " -$ " -$ -
"
-- -
*> !-
$ 202,018.2?
?1,8?3.10 51,800.13 51,678.72 182,880.00
186,077.50 180,960.56 5 826,880;30 $'7,358,565.60 137.088.10 $"7,221,897.56
33.618.98 $ 7,255,112.88
$ 6,03 .85
8 6.'88
$ .68 ,06 .21
$" .91
$ -07 ca .09 .00 .08 ,00 .00 .02 .01 .00 .01 .05 .01 .02 .01 * .02 .02
$ 483
$ =c8
'.02 .01 .01 .03
.03 .03 $ .17 $ i-5i .03 $ 1.88 =01 $1-89
GLD011425
GLD011425B
mPJFACTURIHG SgiVgEHECT - PAINT DIVISIONS
THiJ GLiDDEIi COMPANY AND SUBSIDIARIES fiscal year ended October 31, 1952
Central Region
Ho, 1
Eastern Region
No. 2
Ks k York Division
No. 16
Cost of Goads Marcifactured
S8,612,769,75 $3,30*4,279,20 $
Add finished stock purchases end changes in inventory
353,868.U2
337,567.78 1,222,668.21
*?ot&l Cost of''Goods Sold
$>6,966,638.1? ^5ISjl78S579'B' $1,225^565Tea
Loss cost of interdivision sales
2,9?6li5U,,86 3,758,872.05
Cost of Regular Seles
$5,970,183.31 U.882,S>7ii.92 $1.222,658,2U
Output - units
102,500,923 103,637,U7U
11 GLD01T426
I ?i$
nous .95?
Southern and Texas Region
No. 8 ___
Mississippi Region Mo. 5
Northwestern Region No. 6
Nubian
Uidirast Industrial
Region
No. 9
Canadian Region No. 12
Pacific Rogicn No. 18
He
t
$3,839,199.85 $1,508,259.33 1,289,378.91 6,782,950.12 3,883,876,25 $3,232,882.58
111.1403.92 1,267,129.51 L`f??r,3Fo?
85l9S2.?3 130,883.20 129,521.71
183,237.8? 7
S-tJP I el sS^nJTf^Jgi & ,612,99779$ '53,3'iO,7cO oHp 7
2,615.182.05
lt98fU20c03
2h2,021o90 990,7lil.lt?
638.521.S5
$ 935,li61.32 $2f2?2,968,,?8 1,859,335.98 S5.923.G5i.85 $8,012,997.96 $2,786,198.50 ?'
-`-r-*
r aacrys-> ?--------*= j => ^wtanatagaategsa^.^-arsi-a sasc
#'y: 83,978,870
20,391,625
17,583,786 62,038,138
89,038,89?
38,713,308
%
~~ GLD011326A
Pacific Region Ho. lb
Haw England Division Ho. 15
5 $3,232,1182.56 $
1 3Ji8-t237.87 760,398
3 5,38Q7267H5 Wo o 39E~M
_ 63l.521.S5 3,309*19
'6 $2s7h6,198.50 $??7,C89o25
>? 38,713 j Sell
Midwest
Trsda
Regie No. 1?
South eastern Rsgica Ho. 63
Metropolitan Breaches
Total
Co3t Per ICO
Units
Uarrafacturad
nils Year
$3,758,816.12 $
$
- $110,767,607.69
$ 3.3?
701,504.30 1.036,2??.93 7,906,5c3.6b lb,53G,9?2.3?
577, 63 3 32oTu?
57^553^5
2,220.970.^
-
13,960.b53.6b
,_2.S9
SU.3a
2.8?
$2,2112,350,3b $1,036,277.93 7,90.5,563,61; 5a^1^~0-v.r.^3?8ric8JK.1ita2`T6<H.3isba
119,399,016
b67,287,589
$ 8,h9
GLD011426
GLD0113566
OTHER INCOME-DEDUCTIONS* - PAINT DIVISIONS --munomi -^imrm^uBSTEimzs--
Fiscal year ended October 31, 1952
Interest earned Discount on purchases Rental income - not
Dividends received Customers* balances absorbed - net Recovery on fire loss
Recovery on accounts previously charged off Profit-loss* on disposal of capital assets Miscellaneous income and scrap sales
Interest paid - miscellaneous Cash over and short* -- net Withholding tax on dividends
Other Income-Deductions* - Set
Redistributed Items
Total Other Income-Deductions* - Net
t
* Indicates red figures
Central Region
No, 1
$
Eastern Region
No. 2
New York Division
No. 16
$-
19.03
106.83
5o.oo
5,772.95 1,822.36
3,157.39 8,719.33
8XU.56
-
5.00
.01
* 7,6i Ij .3U $11,988.55 mau5?
ll292.f48
-
$18,906.82 $11,988.55 $66U.57
13
GLD0finj27
York ision . 16
I 50,00 lilt. 56
.01 86b.57
66b.57
OTHER INCOME-DEDUCTIONS* ~ PAINT DIVISIONS i Fiscal year ended October 31, 1952
F. jhjiem and
5at Region . !
Mississippi
Region
No. 5
Northwestern Region No. 6
Nubian Midwest Industrial Region No. 9
Canadian Region No. 12
Pacific Region No. lb
New England Division
No. 15
Midwest Trade
Region
No. 17
So eas Reg No,
1 r% j* AJXK t li6*
jtg
1615.00
/: 527.22
$
-
_ lb.33
671.55
291.13
$
-
-
p
.62
l,5b6.88 2j 06b b5
1,529.51
- 9,172.67
-
-
- '326.29 -
-
lb,lb5.00
107, b9
75,2b
_
191.78*
11,11
5,062.01 3,286.8b
5,5ob.ll
5,lb9.00
16,508.63
2,799.65 28.75
1,983.20 '
s 1 -
-
.17 195.00
2,172.30 lb
908,b5
1
5-
-
b50.5b*
-
9.56*
6.53*
.19*
-
-
-
~
225.00*
-
-
-
i,iia.76
U--
*180.32
1,177.01 b,011.b2
3,611.95 108.5b
8,bb6.78 51,728.38 52,636,b3
28,317c32 9,126.55
139.86
1,99b.21
3,275.92 l,b 1,883.69 1,7
1,322.08
V
5.188.1i3
3.?20.b9
536,16b.10 60.85b.93 2,776.29
1,99b.21
samafoiat ".t n i
5,159,61 m
r 14
GLD011327A
OTHER INCOME-DEDUCTIONS* - PAINT DIVISIONS
"--mTsnsssrOT
Fiscal yaar ended October 31, 1952
western gion u6
Nubian
Midwest Industrial
Region No. 9
Canadian Region
No. 12
Pacific Region
No. lU
Nsw England Division No, 15
Midwest Trade
Region No. 17
South eastern Region No. 68
Metropolitan Branches
Total
- $ $ 1,529.51 $ $ $ $ 112.08 $ 575.09 $ 2i2l6.68
9,172.6?
9,172.67
326.29
326,29
lU,ia5.C0
.62
107, lt9
75.2a 191.78*
n.n
.17
195.00
-- ia,ia5,co
192.58
1,981.39
2,176.39
5fi6.88 16a.h5
5,062.01 3,2B6.8a
5j5oa.ll 5,119.00
16,508.63
2,799.65 28.75
1,933.10
2,172.30 9o8.a5
i,a22.as 111.32*
23,8ai.ea 66. CO
2,803.19
55,563.82 5,2l5.co
36,8a9.03
h5o.5U*
a5o,5a*
-
9 56*
6.53*
.19*
-
-
*
73,02*
sa.29*
225.00*
225.00*
611.95 . $ 8,aa6.?8 $51,728.38 $2,636,13 a,99a.2i $3,275.92 $l,b23.2a $29,l9a.U9 $125,097.63
108.5b 28,317.32 9,126.55 139.86
- 1,883.69 1,732.27
- 56,?92.as
720.19 $36,761.10 $60.85a.93 $2,776.29 $l,99a.21 $5,159.61 $3,155.51 $29,i9a.a9 $181,890.08
-
14
r
/
GLD0114 27
GLD0lf^7B
DEPRECIATION EXPENSE - PAINT DIVISIONS ~T3s gnrosN'gisnw Amrsmmmts
Fiscal year ended October 31, 1952
EXPENSE Land. improvements Buildings Building improvements Railroad sidings
Hachinary and equipment Furniture and fixtures Autos and trucks Transfer
Total
Central Region
No. 1
Eastern New York Southern and
Region Division Texes Region
No. 2 No. 16
No.Jt
tslaaippi North
agion
Re
SK
$ 2,l6!i.OO 35,356.00 2,250.50 52.20
$ 2,689.67 19,107.00
"
*
' *
27,719.00
21,521.95 100.12
18,U53.60*
23,1(60.00 5,366.12
-
Ui .635 638.00
-
igaqi
171.80 6,089.00
25-71 J,192.00
8,23!i.00 1,198.00
182.01
111,1(18.00 1,859.00
5,
04
% 0
JSi
pHj
1
p H!
DISTRIBUTION OF EXPENSE iSAJ{UFACTUPJNG STATEMENT Buildings end yard Eauipsaeat - furniture and fixtures Heat, light and power Hsintenancs
laboratory Packages and cartons Freight express and cartage Departments charged out
Total
OPERATING STATEHEHT Furnituro and fixtures Rent Heat, ligit ana power Sales deduction - freight and express Sundries Total
Total
37,572.20 - $21,796.67
2L,037.82 21,573.Ok
1,877.1(8
677.06
2k5.2k
239.76
$
1,812.1(3 16lt.lt5 -
-
$65,709/62
690.1a
.279.73 -
SU5,25637" $
. -
-
-
-
e 6,260.80
8,620.32 71.6k 38-70:
53.51; 37.8k Ij
|{r,635.7i $15,082.811
5 f;
5,300.55
-
-
-
$3736535
$ 5,365.12
~
-
TOSS1?
$593.37 "
559375?
*le59.00 182.C
$71,010.17 $50.622.79 $593-37 gl5.87li_.
$10.
* Indicates red figures
15
GLD01T328
DEPRECIATION EXPENSE - PAINT DIVISIONS
-fflETBSMBi Fiscal year ended October 31, 1952
ippi l
Northwestern Region No. 6
Nubian Midwest Industrial Region No. 9
Canadian Region No. 12
Pacific Region No. lit
New England Division No. 15
Midwest Trade
Region No. 17
South eastern Region No. 68
Metropolitan Branches
Total
71 s
6.00 $ 2,222.66 $
$ 611.18 $ - $ 892.73 $
,00 5,388.00' 21,327.00 20,782.1*6 7,782,00
21,777.00
937.86
28.33
16.91*
5.19
$ I,39l*.00
lJ*,911,39
.00 3,90!*.C0 35,969.00 25,780.67 12,258.00
7,1*32.50
15.08*
.00
ljOlil.OO
3,51*7.00 l*,098.6l 1,806.00
827.00
1,755.00 1,039.00
9,555.90
ii,l83.Hi 1,869.95
2,961*.
192.00s-
.. ,, 180.00
192.00
z7sx1st $10.339.00 $67,085.13 $52,531.69 $22,657.12 $1,761*.86 $32,051*. 1*2 $1,073.92 $28,825,1*1*
$ 8,786.75 ll*2,19l.l*6 18,099.75 102.66
11*9,115.1*6 53*,302.58 9,599.37 18,273.60*
$363,927.1*3
71 $ 5,338.00 $23,577.99 $17,176.09 $ 8,1*13.12 $ $22,671*. 92 $
$
CO 3,92l*.13 31*,658.66 22*,812.52 11,597.05
- 7,319.(2
-
39.01*
_
518.76
533.23
- 300.98
117-09
la?. 25
96.36
"
"
"-
117.C9
2,203.50
699.60
231,65
39.76
- 106.66
- l*,l*l*9.23 1,869.95
-
- 7,337.59* 1,192*. 76*
i'i $ 9,625-11 $65,311.63 $37,835.69 $19,686.95 $
-
-
-
..
---
-* $$
-
-
-
CO $ 713.89 C 1,773.50 $ 7,358.1*0 $ 1,775.1a $1,761*. 86 $ 1,759.50 ,4,073.52 $25,661,29
-
- 5,191*. 91 586.17
-
--
-
-
1*0.53
131-66
-
--
-
-*
1,1*17.97
-
-
- 2,961*.15
-
-
68li-19
1*76-93
-
~-
So 5 713^89 $ 1^73.5<5 $ll*,696.0o S 2,970.17 VLfifl 00 5 1,759,50 $1,07.3.52 $28,825-1*1*
n $10,339.00 $67,085.13 $52,531.69 $22,657.12 $1,761* .86 $32.051*. 1*2 $1,073.92 $28,825.1*1*
$11*6,077-50 11*0,960.56 1*,018.19 1,151-1*0
5,813.19 628.10*
6,319.18 8.532.35* $296,1*59-11
$ 55,809-80 5,781.08 172.19 1*,56!*.13 1,161.12
5"6f,i*88^
$363,927.1*3
GLDOI1428
16
GLD01'f3S8A
DETAIL-SUNDRY SEliINO EXPENSE ~ PAIHT DJVTSTO>n XHS GLIDDEN COapAJfif M) SOBSIDIAMp----------
Fiscal year ended October 31, 1952
Bank service charge - check tax Carfare - bridge tolls
Conference expense Credit reports
Donations Sales development - Service Department Messenger service Moving expense
-
Newspaper - want advertisement Social security taxes Organisation dues Periodicals and lists
Prises to salesmen Restaurant profit-lo33 Suppers Sties tax on capital purchases
Tabulating Miscellaneous sundries New Tork office Color Studio
Salaried employees1 retirement plan U. S. exchange Texas Stores administration
Total
Central Region
No, 1
Eastern Region
No. 2
Haw Tork Division
No. Id
$ 1.2$ -
1,033-Qb 3,276.93
$ 6b.03 182.18
2,090.52 3,5b0k06
S
1.70
711.73 622.35
2,5bl.?2 "
-
1,323.19
2,177.00 -
2,b25.27
bS.CO 279.53
2,123.69 8,910.69
216.50 )i99-0U
-
3,602.0b 331.00 253.11
51.2b
3,512,52 b52.50 72,60
637.50 1,065.60
38L.10 27b.ll
2,bOO.00 2,710'-91
" *
19.00 626.bb 129-17
*
1,622.78 1,826.62
150.00
-
250,55
-*
-
327.06 -
* - -
** ~
$27,b01.27 815,535.98 86.b79.78
hern and Mississippi Region Region
Bo. b___ No. 5
5310.30 5120.38
I307.99 1920. Cit
'531.77
$ 60;si 78.70
1,191.36 1,35?.6b
- 8b2.00
I 35.28 l,63b.52 |2 b7b. 00 j fib-CO
120. CO 2,98b7b
711,CO 236.62
876. bb
91.00 55.79
2b. 75
r
GLD01T329
DETAIL-SUNDRY SELLING EXPENSE - PAINT DIVISIONS ------- 'Jh S 'SETBSen c o mpan y Afro s u b s id ia r ie s
Fiscal year ended October 31, 1952
Jlppi >n >
Northwestern Region No.. 6
Nubian Uidmst
Industrial Region No. 9
Canadian Region No. 12
Pacific Region No. ais
New England Division No. 15
Midwest Trade
Region No 17
South-- eastern Region No. 68
Metropolitan Branches
i:5k 5.70 U36 >.68
.00
-
>.00 .78 ..CO ;,62
>,88
..00 .79
75
-
-
$ 135.38 nii
1,298.62 620.89
928.91s 395.62 2,197.58 373.CO 108.00
9.00 .. 39.1s5
2,722.80 -
-
$
5,307.82 1,125.91s
$ Is,616.15 113.80
1,763.68 988.25
$ 88,Ct
568.52 1*92.20
1,687.77
932s. CO
6,532.91 1,807.53 1,733.90
3,357.00 -
-
801). tO
567.50
-
-
2,880.17
7 0.92 7,135 07
8L2.50
282.79
900.05
2i2t?.87 5,686.50
728.32
8,326,82
3.15 255.1:0
17,795.00
277.05 -
181.78 6,732,70
758.80 W*6.U3
m
316.00 78t.39
1,686,71 -- -
2,001.72 -
18,103.89
8,028.00 679.72 -
30,522.50
788.81* --
-
$ $ $ 180,35
2.53 3,510.66
5.21 1,616.82
-
-
1,168.58 1,593.25
71:0.95
185.00 -
-
-
875,71
2,170.t2 1,10.8.98
286.32 -
-'
879.11
252,20 3,711.05
130.00
121.53
825.25 8,807.90
615,00
152. Ot
102.60 2,382 28
67.50 75,10
765.00
-
-
1,966.07 -
2,335.00 1,168.33
38.00 117.55
..
10,518.32
-
-
-- -
568.21s
28.60 13.36
. 61s5.87
-
$ tl0.12 -
t,151.93 9,217.1:3
2,t96.99
6,556.6t
lil32.33 27*070.66
3,2tt.27 1,162.15
786.76 *
2,250,13 32t.51s
r 5,681.92
-
-'
a $9,538.85 $33,875.06 $85,073.00 $19,927.98 11.808.58 $28,257.38 $5,570,28 $6t.885.87
Total
$ 5,866.85 1,073.02
22*891.80 27,688.87
15,763.50 8,532.91 3,577.95
18,390,13
6*800.92 77*028-58 13*832.5?
8,201.73
23,176.98 7,189.79 8,572.20 2,557.03
6,828.00 30,700.19
1,826.62* 18,103.89
30,522.50 788.81*
1.020.00*
$320,898-38
GLD011A29
GLD01-ra59A