Document zdBd5M7q13gJrwxGe01Q8ZaLg

Philadelphia, Pa, , April 19, 19*5* At a regular meeting f tbs Directora of John 7 lewis A Bros, Company, hold this dap at their oXXlooo la the Wldeaer Building, there were present* f. V* Oardiaor, President 8, French fttevsi, Ties President A* K Wilson, Tie# Prssident Leonard t, Baals, Cirseter The nesting was eellod to ordor by Mr, <? W. Gardiner, who presided, and Mr, A. w. Wilson reported the ainntee eX the meeting. The aiaates eX the neeting eX April 18, were reed end approved, Mr. Reeves requested, end wee granted permission to open e ration ooepea bank eeoonat with Tho Pennsylvania Coupsap, in order to provide Xer the eala of workmen* s eheee at our Xaeterp, This nsrviee to our onplopeos has Boon offered for a auaber of pears. Mr. Reeves rsportod the following comparative figures for the first three months of 19*2 end lft5, inoludiag estimated taxes hut without ineluding Sow X0rk overhead! 1&*& 19*5 - profit lW - profit $88,906.15 8?,108.27 First Three Mentha 19*5 - profit $51*891,28 19*2 - profit 72,057,5* Sr. Gardiner wee authorised to eleetloa ef the Philadelphia Bourse. There was seme dieottos ion with rsgard to preduets containing linseed Oil that the company might he forced to eliminate due to tie restrictions on tho ueo of fats end ells at the preeent time. Sr. Wilson submitted eemparative figure* indicating the. profit for tho first two months of 19**?, la tho Oil Department, as distributed between Raw Oil and Predeseed Oils, as fallows! Out of the total profit of approximately $2*,OQ0, $15,600 * *ad on Special 011a and $9,900 made on Raw Oil* epproximatelp *5> Of the total sales were Preeesssd Oils end 55> Raw Oil, indicating that the profit per pound is considerably greater on Preeesssd Oils then an Raw. Sr* Wilson submitted the regular weekly report of shipments for the period ending April 16. There being no further business, upon motion the meeting adjourned, A*) ^----- ~~ A1. 1. 'armed, Acting Secretary; ,,