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LIQUID VELVET N-D-RECT WHITE A Specially Engineered Finish for Use in Indirect Lighting Work There is no national move orange.

it-S-te' su J-/-U mi &Ui 7/4i Titanium Dioxide Mi Leaded Zinc Titanium Cal. 10< (f,Y< f./.r Titanium Hal.

Report to Shareholders *1974 0007-SWP-035125 Table of Contents Financial Highlights................................................., 1 Letter to Shareholders ....................................... 2 Financial Review....................................................... 4 Financial Statements.................................................. 6 New Face for the Future........................................... 14 The Year in Review................................................... 17 Coatings Croup...................................................... 19 Auxiliaries Croup.....................................................21 Chemicals Croup..................................................... 22 Sherwin-Williams Canada...................................... 23 Sprayon Products.....................................................24 International Operations.......................................... 23 Directors and Officer]..................................................26 Subsidiaries, Licensees and Plants..

Esso Re s e a r c h a n d En g in e e r in g (FORMERLY STANDARD OIL DEVELOPMENT COMPANY) P.

June 26, 19^8 Mr.

REPORT CM A MEETING SPONSORED BY THOMPSON VITA-METER CORPORATION At the instruction of Mr, Frey and at the invitation of Mr, C, if.

BOSTON.

-Leatcl Iini<itasfiB$si AmmstaltaKi 292 MADISON AVENUE NEW YORK, N.

Ame r ic a n Me d ic a l As s o c ia t io n 535 NORTH DEARBORN STREET .

Industrial M 55 EAST WASHINGTON Cl ssociation 02 (312) 782-2166 RITA KIRTLEY PACKER Assistant Executive Directo DORIS L.

I >n ANDREW FUETCH KR^RUIDCNT BROWNIlL, VICE ^KCBIOCHT MARTINO, VIC PHCBIOSNT XOLUER.ViCI >RCSieCMT ROBERT LINOLCY2IEOFCLD, SECRETARY - TREAtURfR lirntfiaastMces 6 0 EAST 42n d STREET NEW YORK 17, N Y.

OlhhaDhCE slid i;H K.A.Kehoe Ob fill DAY, APRIL 8, 1938 mi--.!

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