ARNOLD S.

MEETING OF DIRECTORS OF THE SHERWIN-WIILim COMPANY. .T HI ,*|' A meeting of the Directors of this Company was held at #101 Prospect Avenue, U..

Et h y l Ga s o l in e Co r p o r a t io n Ba l t imo r e Of f ic e Co u r t Sq u a r e Bu il d in g INTER OFFICE CORRESPONDENCE Ba l t imo r e , Ma r y l a n d IN REPLY PLEASE REFER TO Feb. 24, 1940. 519 Hopkins Rd.

March 1941 Dr.

Un it e d St a t e s ma r it ime Co mmis s io n WASHINGTON 55 Shattucl: St.

Re s e a r c h La b o r a t o r ie s Div is io n t.lMIMI MOlURS (,OHPORATIO\ I'O'T on-i< E BOX a s , n o r t h e s o s t a t io n DETROIT 2.

DffMUTIOHAL 3t.THB AMD HglKTMB CMCPAMT MTMOBAHDDM TOB OgHMai u*rTBO - JANUAHT 23RD 1940 sstmamd nr BfCCIC Month at Dm nob nr .. wi soaltin* Dapartxsnt Horltan Coppa* forks - Raflnary DspartaMt - Secondary Dapartmast Land Raflnin* Dopnrtaoat Zlno Ozldo Dopnrtnnst *hlto Load Dapartoant 1 15,382 152,538 44,55* 4,100 13d 33 Total 4208,625 Add - MlMOllnnaonn Thncsw 2,881 Dtrldond - Mountain City CoppM Coapaaly 219.444 DLDUCT: Adalnistratlva Szpaaaoa MlaoalJanaoua Taxaa Capital staak Tax Slltar adJnatnMt Zntarast - Six Poxoant Dabonturoa Aoneoada Coppar Minins Co^any Anaoonda Salas Ceopaay **30,950 I 6,000 a. 790 - 40,000 9,375 --2il22.

SCHEDULE 1 GRJ.DE "sPECinCATIOKS COST AND_ SELLING ?

NUMBER: QUALITY: A014 First PIGMENT: 65* Carbonate White Lead 35# Leaded Zinc 15# Leaded Zinc Sulphate White Lead LB. 830 185 165 170 HELD IN GALLONS 14.6 3.9 3.5 3.1 VEHICLE: 35# Bleached Linseed Oil 349 Raw Linseed Oil 233.1 Turpentine 9 Mineral Spirits 38.4 Heat Bodied Linseed 32 Sodium Carbonate Solution 9.5 Drier 31.0 45 Gal. 30 1 1/4 5 3/4 4 1 1/8 4 1/2 CALCULATED YIELD 2052 MANUFACTURING LOSS 3# ACTUAL YIELD 116.7 Gal. 3.5 ~TIS72""3iT.

V OPA 1000317 Af f i A^CnirCS SCHEDULE III .

yt GRADE SPECIFICATIONS COST AMD SELLING PRICES AS OF MARCH 31. 1942 Prado Nana Category: lolor: dumber: duality: Pratt'a Prepared House Paint Trim and Trellis Paints Blind Green 120 First Pigment: 51$ Zinc Oxide Chrome Yellow Chrome Green Magnesium Silicate Barium Sulfate Litharge Vehicle: 49$ Linseed Oil Varnish Mineral Spirits Lead Drier Manganese Drier Calculated Yield: Manufacturing Loss 2.5$ Actual Yield: Lbs. 5.0 6.5 33.5 25.0 100.0 1.0 116.0 22.5 23.25 1.25 .50 333.50 Yield In Gallons Unit Cost Total Cost 0.1 1.19 1.03 2.07 .0765 per Lb. .1760 per Lb. .278 per Lb. .0133 per Lb. .0177 per Lb. .0925 per Lb

COST AID SELLING PRICES AS OF MARCH 31, 1942.

223-231 Norman Ave.

/ TRADE NAME: - SAHI-FLAT ' CATEGORY: INTERIOR FLAT WALL PAINT PIGMENT: 67.0 % LBS.

SCHEDULE I GRADE SPECIFICATIONS COST AND SELLING PRICES AS OF MARCH 31, 19^2 TRADE NAME: Master Mixed High Gloss Finish CATEGORY: Interior Gloss Wall COLOR: White NUMBER: 236k QUALITY: First LB.