Gentlemen. 1 .

OUST Atm SELLING PRICES AS OF-MARCH 31, 1942.

ANNUAL REPORT FISCAL YEAR ENDED OCTOBER 31st, 1946 1 THE GLIDDEN COMPANY GLDOO 2833 THE GLIDDEN COMPANY CLEVELAND, OHIO To the Shareholders of The Glidden Company: Cleveland, Ohio, December 20,1946.

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CONFIDENTIAL DEALERS' NET PRICE LIST No. 37 EFFECTIVE JULY 8, 1949 Subject to change without notice * NEO.U LMT.CfF. mm PAINTS VARNISHES IACOUERS ENAMELS CAMPBELL PAINT & VABNISH CO.

October 3, 1942 Mrs 3660 liarbison Avenue , , Pittsburgh, Pennsylvania.

August 6, 1942 X.

December ~j>, 1948 Er .

March 8, 1940 Mr.

COLONIAL WORKS 223-231 Norman Ave.

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TRADE SAKE i SERO COTE PUT PAUTT CATEGORY!

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

TRADE NAME: Master Painters Flat Paint CATEGORY: Flat Paint COLOR: NUMBER: White X1 QUALITY: Second Grade PIGMENT: m____ Unitane 0220 Whiting Asbestine Surfex Calcium Linoleate Litharge 80 200 ISO 100 10 8 YIELD IN GALLONS 2.46 8.96 6.31 4.53 1.41 .11 UNIT COST TOTAL COST '~ .15 lb. .Olf lb. .01 lb. .Olt lb. .081 lb. .09 lb. 12.00 3.00 1.50 1.50 .81 .72 VEHICLE: Miscible Diamond h Oil 1002 Varnish VMP Mineral Spirits Valeo Spirits #31 Vami3h 10 7 IS 6 5 1.25 gal. .49 gal. .10 gal. .09^ gal. .48 gal. 12.50 3.43 1.50 .56 2.40 CALCULATED YIELD MANUFACTURING LOSS S&t ACTUAL YIELD 66.78 1.67 6S.11 38.92 COST ANALYSIS: Material cost per gallon or pound (Total cost dividend by actual yield) Direct labor cost per gallon or pound.....................................................................