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Eu 0 CL O to 3 a> On -J 3 ON to3 00 c O 3 Z 30 1? 0" (N X rx on o cl L. rO 3 00 >, to 0 (0 0) to ^r, c V7 0) 3 o' 15 w i ro 0 co (fl X F IN A N C IA L H IG H L IG H T S St. Louis plant o f the Titanium Division where titanium pigments are produced. | -g S 3 3 -* .2 . 3 = 3 -S'.5 3-- >% #3 ."3 "3 C 75 ~ > 3 x w <> 3 3 V) - - -2 V) ^ "C4 ou o 3 J= -- 3 c a> flj 3 X <=>- EE = 3 ji .a 1 oy. "3 <*-< * -O 3: *3 L3 oVj "3 ' Si u o u 3 O Lk E CL X) ^ a* c 1) 2 ^2 3 g -c 73 = 3 C/5 --o a^ w o 4J 3 - "2 ^ u ; oo 5 .2 -yp ail uO.-aV) 5C .^j> r" i/5 L U = U 3 Cl . ~C s ^'= w u D 3s 3 T3 ^3 O CO > > 0 Si 3 `"B c "3 0 0 u sE yi 3 _1J > C O T3 U C "0 1) "O c 0 '2 '> 72, s. <D > O ,4> te; 3 OE yi >> 3X C/3 CJ X 3 4in> 3 -yi O ts CL 3 71 3 C CO 3 2 0) yi a in L. 3s v ^ U " > >-,d CL X 3 !fl 1) 2 c o c .a ~ *3 ^ t/2 / 1 c -2 C *TV O > t' Q 3 'P 3 U C ~ E H .H ~ ^ M -- ri CJ 3 vr> 3s CO c 1> U c y. 3 as sr, E as CO .E E c 3 CO L. O c .2 c 3 u0 Cl E _JoJ ^ 3 u 1> a. Lm Q 'C to "3 0 3 X c 3 cL O > `u c id e , * "0 _o * s. CJ Si B 3 a 1 l. O E 0 u y; rf /> 3 yUk 3 co X c q/3 rf LTi CH \ W") -- C aj a 3 C u y E 3 Cl wu *3 2 3c O' 3 V2 O 3 tn 0 Tf -u 0 E yu. 5/5 OJ 3 3 3 3 Lrf y 3 c" y x0 1) X) X2 u oo ,> x CO u P =C=O g sC y - B y 3 "~ - j3 a si y > "= E - 3 3 '3 C U oC u iy _ y*- UU 'C Lu> s- a Ss 553n " u >> T3 "C 25 -L x ^E CL . 0 n ' as co c Si 3 uc C03 s* o^ 2w x 2H o E; uo ^ Vh- 00 c = a -a 53 ,-T C "3 3 5 | Q. Q |< CO ^ y? . 1c J2 3 a c 3 (0 s o C S 24) _ .2 8.2 2 ?!> 5 s o c ll18 10 0> c c k isUl E ,2 c 0 Si 3 'u 0 a. X X u as as X yUi 3 E3O 0 00 yX C y c E 0 CJ c u. O n X M y O Si 3 y u y <N co X E 00 "3 x" Os 5 Si yu 3 X CL Si yu u X yi (N rr 4J C (N in u u> CL y X 0 y as^ y -3 O 3 "3 X O x > c 0 Si 3 c y c 0 yu. 3 X X "3 C y as x^ 1-4 y si c O au> 3 '> V5 k. y Ui X 3 yc U Q. -3 Cl 0 ^ 3 L4J* X--Il a. .2 Ox ** c " V2 CO 00 4> c "a SE 3 ,S2 3 >P s W CP c y Q- t> -- .5 te 3 S 3 CL g yo o x = " 3 *rt Si > c u 3y 3 y y3 E "U o O 2> E 3 <1> *3 C O cc cn co ^ u x; 3 2 * (U >3 u ^ Oc SO >, c -- 3s.-g CO c `C l) *3 3U > Q EH o u-> t-". $1.00 per share in Decem ber. F o r the entire year, this am ounted to $ 3 .2 5 per share, the same rate as p a id in 1959. c O c in g o> 4> in 3 3 Tf c D c 3 3 * 5 o o- m ~ cn in ** O 2 4> O -<oy -O --<au C3/5 s tr C o g 3 c O" 3U Oha 3 OX) c G3 O 3 !/5 IE H u1) G1h>a 7O3fi c O' in o 'O ON `2h3CaJ O' . s g G5 "p4> c .2 .2 > o < > G. ^ oh* Q. 2 a. o c* 'O 3 in Q. co (A 4) X 2g 3 E O Tf U^ iu j j 9! hw OQ3U 3 C3/3 ^ JC w T3 2<>Ud co --c Oo '.5 ^ Oh>a 395 CL w X gj Or-' <n rn m 00 so O'O Sg O' -Is o ^4) .C2 h(Ua w o *o g ca e u73 S ww X uO.- 3 .? H ~ u O </3 . 4J '3 S Tt .is E u V3 O' O T3 ha .c H" 7<3n o rvj m _g o fN T3 3- c Jw s <5 pc 0 a to 0 L 0c IcS &> 2 _C oo G. <h3Ua h&>a> o oc3 o O' l ca oo* M r SO C =m Oo wi a *5 CL C3 .2 00 **33 Jw; rm in m ,G Ggj C *C0 4) P cn " oo <N Go W 4) G4> C3 -S 4yc> 4) 1 3 >s '5 *3 oa- cdjr h4hua>. 3U U>Ut 3 JToC3=OJ 2 T3 c3 J3yCi u O on O'" <t in rn O' 00 P-* OX) .* h3a o w T3 C ~1 "3 a> co 00 O' 'O 8C/5 3 ~ C r-T vO "O co a) Co 3 *x> O 73 c 3 -a U a OX) -U - ? --> o -O 9 ap "g X 5-- m ri O<N' J= * w O' r- - <*9- 5 * - wc ^o2^ c o > om '5U3. OgX) <Su'. Dhoc3a 'mha Si .2 Z3 3 ?Nl o GOX) 12 -hoa foj 4hJa q U< 3 in ts O' ON G4) r-" 50 'O G>hHai in oOX) o .fe T3 C3 Tf 00 m vO O' ^ rT in vC cS Si 00 X in 4> ~' JCZJ O -2^ 4h3>)-i ^'CJ 3 O OX) ? -C0 T33 3 c3 CL E 0g O ha G4) 8. H *3DC >3s \o 0000-NLI-000018652 A d d itio n a l capital projects were authorized d u rin g 1960, some o f w hich are s till under way. These include a new plant in M iddlesex C ounty, N ew Jersey, designed to produce m aterials encapsulated in polyethylene. B u lk handling equipm ent was in- OS *^5sS o &0 swi 2 " ^-"35 > 5 35 S? * '5 ^ ^ "5 s 4^- j"S^ -*5? 7=?. .5 Ns* U fc:. S 3525 '5; Mfc. 5 S.7^ i. 1a5s^3.g? ca-4: .2 = * -5 a ~2 .5 ej i'"5`4 ^0> ^ -a2 2 s sU =sQcsQ> c3^* c 1> $ B > W~> > to W5 01 >s "O R a 3 O oo c 2 o vi c S u3 sS-<-i> c *s . 5 TO3i Vw5 xOcsa -5^vS5 -wc C .tUs CL cCO a -o &P Cu - -o 1 1 <M O o Lc 51 01 O c4) E** 0) 0> > c c -S 'i 1 -sfl ZK 2 o --_7S T3 u CJ aaa C/5 _-T Cl C/5 2 ^o u o' c Cl 0 01 ix 01 30 co wu ' 01 CL Vi J5 V5 V.'T a a 3 M on o c ou. c l C-J: flj i>- a- = w^ 0 ** C/5 "O0C1l ^O "-- .U a oi w0 ^^ 01 J3 o sO o> * s. T3 ^ oei Cl S s/> a 01 0 >> u. o* H oi C3/5 5 01 w C0)P m_o c 3O ao .cS' a 01 e 01 c33 01 oi = ^ a >v -uoi o,_,f 'O O' oi/"n) ON o * so u JC;L *O2 .Cc3 <muo .23 uW5i r0t1l c 0 oi aw01. J3 Cl oo "a. --ic T^o3 .P U 01 t_ ^ CL -- tl o G. H J031 X>) 13 01 *"3 3 e~ Oea Sc3/5 u tl. ' C/5 a s> ow O. w O3D ca c/5 -o c o a "O - = 5sj 3 01 OZ ws- 01 iy<: Pe ^ oci o r V BG a CL o 0 01 __ -O 01 ^ CM = "0D1 Cl X a e o .ob n oi o> ^ ccrat jc ^ G . M CL 01 c jc CL C O 5 Cxl w) c 01 b<a .hg C/5 01 >oa cr 01 . V5 ^u sI 01 3 *o cC O ca c a -- 01 ,V5 00 0000-NLI-000018653 * 5-- 23 ^2 ^3 W^ .CSt' 1^3 *5 3 ?5 3 25 355^ 'c . ^ .3 :* 5 ^ >s y -- c/5 X -a y X ~ q 2C/5 Ooc - 3 y C/5 C >> S G. XO Om yy V5 o O 60 X y g u t- 3 yX O 6. ^ Ssyu--iI 3 "O c 03 "O 3 .= 15 03 O ~ 9 >,Z o!s 2 ^ o <4O-4 = XOO 03 tys jr: * _r c XyyC/5 D 3 T3 C3 2o aC/5 5y2 x * c/5 oj *S =2 3 "7- ^ _ 3 c oi --> , C -Soa C/5 O3 `0>u3 T33 OC ,. -B .2. Od. ^y w u i~* y TEo3 y 0) *5 O TJ C3 E w y 5 2 -i- -cS -a y ' n*o Cl -- GO G. C/5 Cl 3 3X aO 'c^ >> Cl .0 O <*- C X oC O x c -- .*2 o xc J Jt2 sj s3 =2 a y S * Qy. cy 60 05 Jr = b y JX5 yc `C `S Q. X ^ fl o C -- u. y 3 CL a c s c3o c3C;>L> Eo U " o Ui O C3/5 u Luy4. OXO' 0c0 Tk33>, X3 X O S-yo 3 oyCL qyC'yS/5I y o(ESi O Xyy3C3y/5 6Cc/50 33uy c 3 so . E3 X*^<>D> ^o ^ '' CcO/) "3cO CQ >c.a"3*. a. . B o Oo X3) 2 3 o -E ?O -2 C^/5 C6C/50 ^ 1- o *2 V5 'E 8 s X3 s w C/5 ^ c3 reliable source of supply for our manufacturing operations, the Company agreed to purchase, beginning January 1961, substan tially all The Bunker H ill Company's production of prim ary lead, zinc and cadmium. These metals w ill also be sold by the Company through its present sales offices. c ^EO' c "1 .2 .5 2 "o, 1a>3 o g - &C/5 I uu a2 -o -i5 S2 <"2 co1.oM E? rCt rr~~ U Tf aUs Si os<3O> ^3cn -S eco .S2 3 Q o E3 3 ^2 Cq/5j 35J 03 S eH 3 1/5 V) -ca --.2 a a s x>* wC3 cfjjt" TOCD ^^ 2a, uO wqj o `C c w>\ '3eO Cu3 QgOu* a tj XLCon>l U Tt - aCc/5 C qoyo 3qj q *0 Sy O 3O c/5 --y ^5 <o* O oty -oq s t2 y qo cso 3x O --C/5 3 as s5 %| li y^ 3cr yc y O c>> .*X- B .s.cy_ 03 vt-t 3S X aE--3ay* "**yMoac- OS- *o2 0 *o us I s s 1 Is 2 I II H< TJ e 18 u 18 10 a s (0 5110 O E o 0 13 i 'S 35/5 X"O fl O COV *oo _c `5 a3> H <4o-4 C/5 r'w9' Xy =X -3C3/5 3 yq3oy3 Xy Ty33o "Cy oc Ly3- X>y> Tyyyq3 . yyUCX--L E oo . ao 2g. f'l o 3. E o |3 u o - on oOCuu-- X>cU60 OozON*. (cf<Ns5" "/O- 0 3 .2 < c -- (N -E *-* o oo 2 a44 okcM*o o XkiO V* E3 `q3 >qG3>, 2c. 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Ew X 4) 4> XX o 11 ^2 3 EM CL C o 4j 0. u X Cl 5/5 0X c Cl xa> > =H CL 4- *3 o< 0000-NLI-000018656 N a tio n a l L .ta d C o m p a n y , A n n u a l R e p o rt (J(>0l i? 3o ca a _5cX1 .S= 7Z 20 * y C c3 * y3 c o a >u, = U=3 3 u C 3^3 * 2 - >u qj > 3 1) CO > rd _, cp *o 'E y yy U2 1c ^ o 2 _. y > 3 w 3 S 3 ~o y .3 r? JC y C y 3 - *0 3 C3 20 S .S M m5 y j= H O U* .O O O%& y y S vi t) >y y ~2 CXC H xz -E 33 0) u - 3 >% "3 .3 _ O - O s$ 3 <-s 2 = 3 2 -- co VJ y c 2 .E > 'C S-i-1i w o. 3 3 C3 O -O u 3 y y cl 23 a. o 3 c c y c3 yj ^ 00 0 !*d= T-, cc " ."3 e Zd .2 3 y 20 a. C i o ^ .5 *- "3 C Sr S3 c3 J5 20 C o y a1 ? a y E S cd ^ 3si 3 Cd O 20 3 a. 0 *1 o " -- t_ "5 0) t> 5 2 3 d Q. .2UP ^ -O o 3 a 3c OD ,, cd >, .2 i!/:5 u e .0 3 -G' y Lu 73 20 2y -C ~ O* c Hy C .= y 3 2 .a e3 y> 20 "O3 c^ r Cu .3 S 20 3 .2? 20 *C 10 V5 3 S '5. 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CL oE r o r 0> co i _o "E u cj o CO 2 -a c c o .-- aj cx &* c? & C O2 =? 3 0 *3 0 X O 3 1u3 > eg 2 0 JZ C0H OJ X) E 3 c u X a c5 *0 '>< u3 0 >. -02 u 0 vs Urn 3 Q. 0 0 - a5 - "a E -a a c 0) <y X Ca -2 3 go h co 2 3> 73 p g s Xu 3i(U 5 O. u oc ac "D 5E - 3 z> ,, X .ts *S j >w CO $ :zCJ 5: cj CO CO 3 'Si s--T 3s 8 -H 3 X O' > -- u>> o eE o tS n o 2 Q. oo to - o -M a. . E^ S-2| o -- i/I u 6 s. CO Q HJ '/5 E CO -- CG >2 *ES*^3 2* 50 373 LHZ *x 3 "5 o o' X 3 C >> _o a. > e .-3 a. E o U r- <3 H g. r & L a b o r relations during I9 6 0 were generally satisfactory, w ith no im p o rta n t w ork-stoppages. A num ber o f new agreements w ith tM1 a> "0 Uh V3 .2 13 'C `~3 3u 0 X `X OJ cw `0 3 0 w CuO T3 *o a> cu ^ O c o 4> aOX p2 Ouc wOo X 3 <j h .y *> oc O3 o a = 1CO |! w op ^r " S2 - 0 '5 u o a. = 2 ^| 1 S. I U CJ 0/ 0 c H "5 0. 3 -2 2 r9 a> s 0 u .2 S <D ow X Si 3 X * cj "O c e 3 8a a. , 2 2 cj oba CU T3 C 3 CJ 3 "O O 0. s* "3 E o,, U- to u >* a X Jj -a * fli C/3 ao II C CO oa i o CO j t--1 CO 3u a> 0 CL> <UUi O> 3 'cb u. u "O ^ 2 ! .1| .5* ; : ^ -5 . 3 -5 c^ c: .5 : 3 A; ; t c ^3 : h >* C3 fts O00 oa > C3 t? w 9* -c 3 a. a Ec < T3 Cu ' C a. 3 O < ? O' 8 5/3 - <* ' -c **^ c C/3 c 3 % o uc o5 1) X *"' n Ji .S "O iS C 4J X O' JO -C b - CO ~ 0X c 73 CJ 3 rCv)i 3j l_* Q" 4J 0) < 3 u CO 1 ^c 2 o 3 C o vO a 3 "3 4- 0 h (0 O' j ; S *r '> 'S a X CnJ C CJ X 3 3 <*z0 3o wo 0 2 3 U1-1 73 X 0 c 0 13 0 (r 0 0 >> 0 a E u 0000-NLI-000018659 N a tio n a l L e a d C o m p a n y A n n u a l R e p o rt i9 6 0/ o (0 0) z 0 IL > z (0 < 1 b z 2 III 0s 0 III b 0< > S N C ft 0) o E 0 c 4) 01 c fl 0 ju C c4) 4u). s O o U >u X ed Tuo33, C4X3>J xc "o1 CO 4) 5 W X4> 2 -S' o <S2 .a5 -=3 ^ "3 C 2 T3 ^ C =O' Ic H33 4) 4) Q- > E c e u VI Uo 51-c >_ S o C V5 S srti * S> g 11 u tn E & 2 gj 11 >> 00 .ts c u3 CO "O -x cvoi 4> c a .5 c "O ^ 4> cB 1B CO v5 2 X> Vcc5o --C3 e v5 -- .j a-? r s 3 ~2 u -c cex o ! =I = c .U y= -J1323 -a C3 A tcS JCZS `o ~ Q. V5 *> ^ OJ - -o _ g .E <j c -- 30 ^ "O -J3 O0 va 3 s4> CaO cs Cl . 3 o _"_ Ec3 u > ^ 3 CO *40) va 4) w CO o 4S>i - u-- o w 2 8. ex ex CO .E 00 Eu 3 5/5 a 2 u 4) u ,S -3 S' * e sS.zX 0 0 3 0 co U_. o\r0* 3 CO .E '3 4> X X H vE va 3 X CJ 3 a te 0 o -2 ^ _4> "3 fT 4) > H- 4> u O ex 4u) s C2 V5 4) *a 3; VJ 4> 3 * =5 E 1u) "Oc CO * 2a. -2g Tu3 .-ics eo S uva CO C3 .=>: 7s3 2ex ou 'O rt u 1 j>* > u- U 3 CO S "5 IE cC c VsiI K o j5yr o ^3 s.i oc >v .---a si si <M o O ^ 3o Oex c "= > 4) .2 O s_ cc u 2 Ofi o> ec gO o u> cn CM > s Ol SO Os % > * 'C ;5 E .--> 3 <N i` ~ ^ o 2 JZ S ='S171 "E o ^ 3- 4. 4* w ^1 r3 Sn 0000-NLI-000018660 9 9 9 o <0 9 Os *n Os u o s LP.* J s <0 < J <5 <0 a) a) (0 a> o c <8 n o 9 9 o M n r- n cos ri if C m ri ON r-I r-~ \n Os r- m 00 ON -- r-" rl r^i m t* Tf ON 1 r X r*N Os* r00 , o x_ , rf X* i --* X 1M i t* 1 P* O' X P" X O 1/5 P* P^ N N M* O* if ifl M O X CC ^q X 1/5 Cs| O PI X J 00 pf 1 pr X ,! X X .! X PI ; r* X ; P* 0* * s x .-2o "3 -3 -n0 OO 2 nW o Z m 3 (2 2 c y i_ 3 <i^Q u O O o O P- o X o X X -- cn X Tf rl 'Cf ON rT X C4 X r-- r*N po ro rf -- X Tf o' X* r*l vT <N SO ON r*i (A Tf X X -- m X X X SO o os O X i X m Tf X^ x^ r- X* O* pi n* Os n X <o rO r-_ if q. Os_ o q Tf X* SO <N fN Xo ro o CO cA SO CO -- to O! X1 m| v> i o o o o oo o o X X p* X p-^ CO oe pi pi eo p i X PI o o X X X PI o o ec X X PI X o X 4* 90 X X PI x^ X pi SO o o PI 90 p- o ''f p- X X o p- X If x PI oX . X X X PI p- X > p* ^; Xi pi 1 X1 1 X X X X p* X X p e'S 0N ' . * SO 1N5 . "3 ' . 05 3s N SO C`u = 'C n:3N - o .o o-- u >w w3 y> jz *- - 3 . ^ oi . cd ^ r- 3 co 3 co co --I S2 3 cc ' u 3 cd . c- r-- yx y -c M 4,5 * c ^ O so yof2 U vfl U^ * D t J- p* 3 p i ** c yo_ u O p* uor' Q. co -o J2 CO .. o Vto=f X s -- (U . . X 11 a m >U Ml ccoo l--. 35/5 _2 a.2 o. o .- Wa ---O ox t a J52g 2i- ---S--j a i U (N y ya* *<nN 1.2 K r- o oo c cT x* o o Os Sc 0O.'--0. ow~ o. a. U X y 3 Z eo .WO* .. c a 2 3 CO yc U>> U =0 Oc a. a 22 Oa-.f*T-. uj U s< *2 La o an<. cd C ou 3 a* ><No v-> Oiq O ON q X r- 00 Tf -- p' lo Tt Os as - oo X Tf oo onn ON* *--< * if <o *n o* r** p> 'T Tf >o >o 00 qX v-T VI VN 'O* vi o n X p X PI 5. X p- FP X N X PN X so s X h* pf N X pi PI X o X XX os' X X l-H PI X FM o PI r** osO so pi Os X <N O X V> X as* >0 o Ht aC co rifl Os o w10 w . lo ^ i fsl ON vi! ^ X | rf X* ~I | mm i q VN SO i X* if If o' i 00 Oc So X X s* fct. Os N A T IO N A L L E A D C O M P A N Y and its Consolidated Subsidiaries rt n -x O>L sO_or 2*a.2?! 2S <* cC 28--: _^^u-3v I0t5 O_s a.. cd oo .a>Tf X) II o *T *3 .o2*ano O " `2 '<A 3C E.2 cyo Co ' co OJ 8S cr.X_ fwlj --U 0OO0 :I*s" my--m -msomo X Xo O*ns 5 Q. 2u cd u C ,o O ac O oo --<U 0V*---5.i .v 0C5O *Of =5 cd w Zo a^ -a rn C SO cd X - M 05 ON ' - =o ECO VO x -- Cd-S --c cao.025 vtni 05 -- Sx Q.^ 1--SO So X II9 H li 9 9 T3 3 gJJ. sip u 3*Tj- Oc y40 w aS* ao o 2 3 _,r "-ss -* cd x --* B w-> w so ^ o NO e 13 m o Z S Sy? *'!. 3 r3 J Cd S O oyc*o Ou--N"'' C^ u X U w- :ss Cy | so" = 1? cm 0C5 O co 05 05 co >C u -- co CO co 05 1 *' i-o O L. .2 O ac `2 ^*2 w syrn-- gO*" *2fv| > C g$^io yu(vN u M--O^N ccoo o --wr O -4-., .--45 ccn, --y c "S 8^ 1** 2" 3 '2 a < Z 2 a. CIfl 0000-NLI-000018661 z 'C J s 0^ 0 "8 "I S tatem ents of Incom e and E arned S u rp lu s U n a p p ro p ria te d F o rth e Years Ended Decem ber 31, I9 6 0 and 1959 S tatem ents of C apital S u rp lu s F o r the Years Ended December 31, I9 6 0 and 1959 c 00 sn ^P r| (N LT mT On Tf Tf o a s oo 4J Q, -oX 52 u >ac, =o>s o . CJ S2 u2 E oc ao` E . 4k>. --S U4) -a fn >-> -<-ou I 0 3 S3 S a -o <* rCi tV3i V o 2 <-> nwO U-- " c u = 2 ^3 a| > U. <9 8og* S UQ.. tyo f*t*. e 3 4- o I 3? x 4> CL. U <8 X 8.2 CL > O o V^i ft X o.s Es C 1) CO o b ^ U Ui UJ x> S 3 Cl a o Ci. o5 <c c a o O 4) o '*3 X) oO O 33 E1 rft -- *n *-- _ 4) S|3 ""8. 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Ttc3o <X4X>) -ca o a 3 'c D 3 as 8a a s3 .23 >O o<j M 8 oe o JCZ8 m -- on pC ^ VO"vl sTof in <sNo 6* F4 TIfI9tf r+ >-O4 " --n o-- o-- Tsop* i~Tnf -4 VO vo r--W Tf -- Os ^4 Ift F4 44 44' 3' ifi 33 44 90 44 44 *f c ' G. 80 C * C8 *u CL <- wo Vc8 a. >* a .. 8 2 =5 3 g3o oFa. w 3co oE Tc3 ._25 w z O. CL p" vo * s1 4> W fc: t; 22 i2 gcu a < ffl , . GO CO *3 28 CU u a T3 c a >00 X(8 aa 1 o y k JO < o 4C>J ou c8 Q rM a O oG 80 s VO <s 0000-NLI-000018662 -% ~ > ow c H .2 x " 'x S-3? D. -2j Q. 4j Cl Oy^ U wX >, ^XI n X! o n s^ cv cS "^ CPu Ei; c3 ~w cu Sc s-.r u ,t: a r- 'u o. 5= S3o Q--3 c ,o -u -s, =u ,, 5 ^ a vo _ 3 e *a aa .-- xn 4> 9 >s = 5=ii = 0=1 >. *= c 5g - a *c-- E 13 g <"> oCcw U *7 Q U -O 1> > S e* . u s- 5& u o u >>Q >* S, a '= => CO 3-Vl & - ad . o <* n*i 35 ON rft < CQ uo 3TC > o u fc 5 | g a. a. a tj- -- Tf pj c*i --' -- ^ \o I -- n -m ]; oS' O vo ! 'B xn xn r- ^ -I M ^ i^l O 'T _ ^ ' Js* *T 3\ oo 't IO 1 w f'l ^ ! 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OCO s = scn 0000-NLI-000018664 i ATLANTA BRANCH CINCINNATI BRANCH GOLDSMITH BROS. DIVISION C h ic a g o Precious metals TEXAS M IN Laredo* T Antim ony r*-> S H (0 Ul H rt u < htt CT3 a 0 oS ui H O c2 2a ! .5 < 1< oo 2i:"u. -- 5^ ^ => <= g I 3 Ul z h Ul a 5 h 3 a0 < He'll siUl rillh Is is< Z =~ > -5 5g <a c50 u z3 ui <" 2J ac S3 > "A ** f-* 015 Ui -- <5 2 c3 3g <a < s=s ZU< w*=3 u. 13 o* 2.1 ae Z-3 2= * u J vi -- So Is z-9 <& 5-3 < 33 2 c.S _ 0> <S CO o -1 5 II 51^1 < ji a. S "3 . - 2Ou _J 2O55J UExs-cw1> SIj O s J3 _<< <a *n C <^ K.g SO -3 oo.=a oa <3 <s3/ <| u n3G j --33 *13" # Ii u c a.,2 0 -c x < =5 * C gl - 33 .3 4> 2,,-f-> <sjjjj-? i 2" O-C u .2 a< a <C 0z3`3. /* 4) 2* a >z y=> o 2l,* S 2 a o *3 8Ui S'a -mi CS B SV z38 0 --o /> --w o -- t-- Ui C ou 3.2? O e 2 o2 3o 3 o 2_ * f|5s ;i ja iaae.is ifiiia o. 0.0 s.g c Wj3 U ^ u 3 ^iil-1 uz< 3 -s2C*8$o -J5gj 2z 3E --uo gll i=o<S o.S " zy He 4) 4> O qA ^ 'S. HHq to 3 J Ugo 2C5 us2o 4) 3 33 ^ ou -i 2g X vi MB oC4) 2 > <" X o. 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