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196�
<br />A��I+�l�� ���Q�T
<br />CONS�LIDATED �TATEMEt�T OF EARNINGS
<br />Y�ars ended June 30, 1960 and 1�59
<br />PTst sales (note I) ......................................
<br />° Ca�t of salea . . . . . . . . . .
<br />,).� .................................
<br />�, Gross profit,........ . ... . .....
<br />� ' Selling, �dministrative, research and� development � and �
<br />�
<br />�y gene�alexpenaes .................. ...................
<br />,r,� i
<br />r
<br />,� Opera����g profit . . . , . . . . . . . . . . . . . . . . .
<br />;,
<br />t OtheriMcam�.. ................... ... .............
<br />��
<br />,�
<br />���_ �,. : � . . . . . . . . . . . . . . . . . . . .
<br />� Znterest and other deducti',ons�. . . . , . .
<br />��, � : � Earnings befo�e xncome taxea . ... .. . . .. ... ..
<br />��� ` � Federal and State'incoane taxes, estimated (note 6) . . . . . . . . .
<br />�, � .
<br />� r Net earning� . . . . . . . . . . . . .
<br />... ... .�.
<br />¢ f , 'Dividends �n preferred atock... .. .. .. . . . . . . .
<br />�, s � ;, • •. .• •
<br />��1��:�� _ > _' Net earnings.applicable to common stock . .. . . ... . . . . .. :. .
<br /><� �; . ,
<br />�rk �� Net �arnings per share . of : common stock outstandii�g . at end :
<br />���: .
<br />��
<br />� � , r�� -'£ o� �ach pPriod (r�ote 6) : . . . . . . . . .� . . ,. : : . . . . . . . .
<br />�7��C � .7 � t � : . '�. . � � . .
<br />���� r� See acdompanying no�es ta �Cnc�ncucl stcctements.
<br />,�
<br />= x:,�.� _, , _. �. . � .. . . �
<br />14
<br />1960
<br />$9,665,290
<br />6,930,058
<br />2,�'35,232
<br />1,444,822
<br />1,290y410
<br />3�,436
<br />1,3�3,845
<br />17,169
<br />1,306,68�i
<br />765,000
<br />551,fi86
<br />�1,000
<br />$ 530,686
<br />� o.�s
<br />19��
<br />$4,G88,174
<br />3,834,837
<br />753,337
<br />319,059
<br />43�:,278 `
<br />6�3:'
<br />434,921
<br />.16,707
<br />41�;214;
<br />135,OpU
<br />` 2$3,2i�4
<br />14,875 �-'.
<br />$ 268,339
<br />� 0.3�
<br />STATEINEHT OF ADDITIONAI PAID-IN CAPITAL AND RETAINEQ EARNINGS
<br />Years ended June 30, 1960 and� 1959
<br />ona�' P�1d-i� : Capital '
<br />;, , ,
<br />�e at beginr�ing� o� ger�od: ;' , :� . : ,:, . . . . . . : : . `
<br />t`of ;:�et 'praceeds ,irom �ale of�:c�mmon� stack ,nver;.par;
<br />e the�ceqf., appli�c�,ble .to, J.15;624 .�nd 1�8,760 shares.: in .
<br />ective perinds � . :< . : '.
<br />. A � ... . . . . . n � � y , � . t ., w . Y • • . . . - � .
<br />Ys��ed;therefor (note 5)° .,
<br />te 4f :a�quisitian (nQte 5},::.: :
<br />e pre�erred stQcl� fx�om date.
<br />�e 3a, 19�9. : ::.
<br />...: .. : .:. , ::.
<br />1960
<br />$1,041,753
<br />1,066,730
<br />79,506
<br />45,162
<br />2,193,151.
<br />�2,193,161
<br />$ 84,38�#
<br />675,661
<br />551,686
<br />�.,311,731
<br />21,000
<br />$1,290,731
<br />
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