THIRTY-FIRST ANNUAL REPORT FISCAL YEAR ENDED OCTOBER 31st, 1948 THE GLIDDEN COMPANY GLD002798 THE CUDDEN COMPANY CLEVELAND, OHIO To the Stockholders of The Glidden Company: December 20, 1948 Tlie fiscal year of your Company that was ended October 31, 1948 presented many problems.

More heavy-bodied linseed oil per gallon--means more years of surface protection--when you use Glidden ENDURANCE House Paint.

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'RPTOoxELr7r-T,,E-^TIOfMr ARCHIVES COLONIAL WORKS ' 223-231 Norman Me. " '* BROOKLYN, N-Y* TRADE NAME: CATEGORY: COLOR: : NUMBER: QUALITY:1 TRAFFIC ZONE OR WHITE S 587 B FIRST ZONE paint T3AFFIC PAINT LB.

If L E, TELEPHONE STlIlwel!

TKALL iLdiE CD. j

.......L...I.A....2..0. 7A6 ANNUAL MFFTING OF THE t'.r.i.i,-; 1 LEAD ihJ, jz ASSOCIATION Kew York, N.Y.

I L.M.OuCOftMUN MtCSiOCNT GRADE SPECIFICATIONS COST AND SELLING PRICES AS OF MARCH 31, 1942 TRADE NAME: Master Mixed One Coat Semi-Gloss Paint CATEGORY: Interior Semi-Gloss Wall COLOR: White NUMBER: 1647 QUALITY: First LB.

.87 .07 .08 1.02 .12 1.14 PRICES SHOW THE HIGHEST MET UNIT PRICE WHICH WAS CHARGED OR WHICH WOULD HAVE BEEN CHARGED IN MARCH 1942, TO EACH OF THE FOLLOWING TYPES OF BUYERS OR TRANSFEREES: (A) TO A COMPANY OWNED OR CONTROLLED OUTLET (B) TO AN INDEPENDENT WHOLESALER (C) BY COMPANY CONTROLLED OUTLET TO RETAIL CUSTOMER (D) TO AN INDEPENDENT RETAILER (DEALER) (E) TO OTHER (SPECIFY) 1-46 146 2.60 1.33 ______________ , OPA 11001016

'iVu BRIQOS-MARONET COMPANY.

PIGMENT: 16^ Light Para Toner Surfex LB;YIELD IN GALLONSUNIT COST____________________________________ TOTAL COST 30 30 53 2.40 1.35 .70^ .02 21.15 .60 VEHICLE: 84/6 Enamel Liquid & Mixing Varnish Mineral Spirits Drier 300 20 5 355 40.00 3.00 .75 lli .oii .08 34.50 .30 .40 CALCULATED YIELD MANUFACTURING LOSS ACTUAL YIELD 2^% 385 47.50 1.18 46.00 56.95 COST ANALYSIS: MATERIAL COST PER GALLON OR POUND ITOTAL COST DIVIDED BY ACTUAL YIELD!................................

COST AND seixi;:;G PRICES AS OF MARCH 31, 1942 TRADE NAME: CATEGORY: CCLCR: ' NUMBER QUALITY: Master Quality Exterior House Paint hhite 1010 FIGMENT: 665 355 Leaded Zinc Oxide Basic Carbonate White Lead Titanium Dioxide Magnesium Silicate POUNDS 540 215 130 435 YIELD IN GALLONS 11.10 3.85 4.00 18.30 UNIT COST* .0675 Per Lb. .075 Per Lb. .145 Per Lb. .011 Per Lb.

ftEPROOUCEO AT THE HAT IOHAL ARCHIVES Trade MameJ Utility Tarnish Category: Tarnish quality: First Lb.

Her: York-, N.Y.

* U H M U i--M S - U U U lJ l. m il H H u i. , I I N A b lA U 5 .l Minutes of Meeting of EXECUTIVE COMMITTEE held _Thursday, December 6, 194$, at 11:00 o'clock A.