1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4<br />
L OVERLAP R Ce-244 291441P<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
RP-1 ON 62<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 - JUNE 1068 122<br />
RETURNS WITH AND' ITHOUT NET BALANCE INCOME SHEET, INCOME STATEMENT, TAX. AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
•<br />
• MINOR INDUSTRY 2213 1<br />
ITEM TOTAL<br />
MFG.( TEXTILE MILL PRODUCTS, Dyeing<br />
1512E OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
A finishing<br />
textiles, except wool fabric. 6 knit goods<br />
SIZE OF TOTAL ASSETS<br />
0<br />
OVER ZERO 50 100<br />
ZERO<br />
250<br />
UNDER<br />
500<br />
UNDER<br />
1,000<br />
UNDER<br />
5 , 000<br />
UNDER<br />
10,000 251000 501000 100,000<br />
ASSETS 50<br />
UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
UNDER UNDER<br />
1,000<br />
UNDER<br />
5'000<br />
UNDER<br />
10.000<br />
2501000<br />
25'000<br />
4<br />
50,000 100000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL<br />
862<br />
2 WITH NET INCOME<br />
3 WITHOUT NET INCOME<br />
642<br />
4 FORM 1120-5<br />
220<br />
79*<br />
40* f<br />
251* 80* 134* 116*<br />
170*<br />
99*<br />
80*<br />
127 9 4 2<br />
40*<br />
117* 82*<br />
81* . 67* 111<br />
17* 34*<br />
9 4 2<br />
39* 32* 16*<br />
i<br />
38*<br />
■ -<br />
■ ■ 2 - .<br />
S TOTAL ASSETS 556832<br />
6 CASH<br />
5851* 5274* 18099*<br />
40054 39609* 41<br />
f<br />
61194* 238148<br />
■<br />
62003 62598<br />
7 NOTES<br />
64056<br />
AND ACCOUNTS<br />
507*<br />
RECEIVABLE<br />
885* 951*<br />
133420 4178*<br />
1891*<br />
6216* 20614 4679<br />
s 1487<br />
LESSI ALLOWANCE FOR BAD DEBTS 1295 ► 5323 ►<br />
537<br />
1287<br />
9627 ► 12769* 55096<br />
■<br />
—<br />
22511<br />
9 16*<br />
14983<br />
INVENTORIES 232* (51*<br />
9925<br />
653 93 261<br />
•<br />
0<br />
115154<br />
INVESTMENTS IN GOVT. OBLIGI<br />
327* 287* 8106* 3720* 9120*<br />
32<br />
52478<br />
10<br />
13131 17358<br />
UNITED STATES 10627<br />
11<br />
8.412* ■<br />
STATE AND LOCAL<br />
. ■<br />
1233<br />
738* 328* 1967► 6<br />
., 198<br />
12 OTHER CURRENT ASSETS<br />
—<br />
■ 5181<br />
■<br />
7240 -<br />
■<br />
42*<br />
. 1235 ■ ■<br />
13 LOANS TO STOCKHOLDERS 237* —<br />
1322*<br />
877* 1297*<br />
466* -<br />
3928 254 589<br />
■<br />
16 ■<br />
14 MORTGAGE AND REAL ESTATE LOANS. 463*<br />
16* — 840* — . 8<br />
15 OTHER INVESTMENTS . —<br />
—<br />
64408 1<br />
— 422* — 20<br />
16 DEPRECIABLE ASSETS 2455* 21 .<br />
370231<br />
164* 2771* 13098* 12976 435<br />
17<br />
3720<br />
LESS, ACCUM DEPRECIATION<br />
4154* 1126* 28788<br />
196599<br />
8042* 29173* 71811* 150690 36565 47266<br />
18 DEPLETABLE ASSETS<br />
1637* 879*<br />
21404<br />
—<br />
5317 ► 12184* 54578* 68464<br />
■<br />
—<br />
16376<br />
19 23699<br />
LESS( ACCUM DEPLETION —<br />
13465<br />
■ —<br />
■<br />
20 LAND<br />
. — .<br />
— -<br />
-<br />
— — —<br />
21<br />
4331 ■<br />
INTANGIBLE ASSETS (AMORTIZABLE( .—<br />
—<br />
53*<br />
11* 148*<br />
(5)*<br />
787*<br />
—<br />
2396<br />
16*<br />
244<br />
22<br />
580<br />
LESSI ACCUM AMORTIZATION<br />
165<br />
15 —<br />
►<br />
23 • 'OTHER ASSETS 151* — (51* - —<br />
— 34* —<br />
3<br />
8412 14* ■ - 8<br />
100* 105* 582* 777* 346*<br />
1<br />
4605<br />
24<br />
455 555<br />
TOTAL LIABILITIES 887<br />
556832 . 5851 ►<br />
25 ACCOUNTS PAYABLE 527A* 18099*<br />
4<br />
110730 -<br />
39609* 61194* 238148<br />
1737*<br />
62003 62598<br />
26 MORT., NOTES, BONDS UNDER 1 YR 503* 64056<br />
38620<br />
5545* 11934*<br />
85*<br />
14520* 62270 7659<br />
27 OTHER CURRENT<br />
9140 5422<br />
LIABILITIES 37122<br />
1487 ► 4718*<br />
953* 293*<br />
3820* 13260<br />
1827*<br />
3625<br />
28 LOANS FROM STOCKHOLDERS<br />
5378 6247 .<br />
9663<br />
4891* 2371* 16996 3617 4076<br />
29 MORT., NOTES, BONDS OVER 1 YR•<br />
519* 2098<br />
57896<br />
623* 4000* 1000* 3291* - 230<br />
30 OTHER LIABILITIES 388* — 1757* —<br />
9702<br />
6612* 4525* 21887 5031<br />
31<br />
10646<br />
CAPITAL STOCK 14* 175* 71* 7050<br />
91047<br />
870* 166* 5754 972<br />
1<br />
1642<br />
32 PAID—IN OR CAPITAL SURPLUS 1852* 124 1* 38<br />
27395<br />
3158* 1344*<br />
—<br />
12441* 29372 20096 10417<br />
33 RETAINED EARNINGS, APPROP 22 ►<br />
11126<br />
4031<br />
213*<br />
► .<br />
255*<br />
—<br />
6426 ► 7760<br />
.<br />
22<br />
-<br />
972<br />
34 RETAINED EARNINGS, UNAPPROP.•.•<br />
L1725<br />
169008 4408* -<br />
3531* —<br />
35 LESS( COST OF TREASURY STOCK 3040* 3418* 500<br />
6382<br />
6395*<br />
4105* —<br />
16351* 74460<br />
-<br />
20981<br />
1410*<br />
20105<br />
426*<br />
19850<br />
433 ► — e —<br />
36 TOTAL RECEIPTS 1116695<br />
1<br />
37 BUSINESS RECEIPTS<br />
12093* 31240* 15597* 64253*<br />
1103452<br />
121947* 98135* 501065 111320<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
9763* 31113* 15174* 63951* 121776*<br />
102711<br />
96265* 497700<br />
58334<br />
38<br />
109485<br />
UNITED STATES<br />
101916 56309<br />
0<br />
39<br />
413*<br />
STATE AND LOCAL<br />
—<br />
—<br />
5*<br />
66* 16*<br />
.<br />
2 75* -<br />
40<br />
40 OTHER INTEREST — • — 214<br />
1352• — —<br />
(5)*— 54*<br />
5*<br />
—<br />
16<br />
— ••• I<br />
41 RENTS<br />
►<br />
971 127*<br />
320* 693<br />
0<br />
42 ROYALTIES<br />
16* 186<br />
—<br />
54 29<br />
139* — 283* 393<br />
1 24 76<br />
.<br />
43 NET S—T CAP GAIN LESS L-T LOSS. —<br />
52<br />
44 NET L—T CAP GAIN LESS S-T LOSS. — — —<br />
— — 1097 139* - 201* — -<br />
- 0<br />
0 45 NET GAIN, NONCAPITAL ASSETS ■ — - - —<br />
1015 924* 131*<br />
-<br />
505*<br />
—<br />
38 .<br />
46 DIVIDENDS, DOMESTIC CORPS<br />
4<br />
- 218<br />
■<br />
1683 423* -<br />
19*<br />
47 DIVIDENDS, FOREIGN CORPS<br />
32<br />
■ —<br />
10<br />
246*<br />
30<br />
3 — 76* 0<br />
48 OTHER RECEIPTS<br />
■<br />
21<br />
— 917<br />
■<br />
6565 1205* —<br />
■<br />
—<br />
• 166*<br />
— 139* ■ 888* -<br />
3<br />
1460 1494<br />
49 TOTAL DEDUCTIONS<br />
651 562<br />
1077662<br />
0<br />
50 COST OF SALES AND OPERATIONS<br />
12696* 30560* 14740*<br />
• 847603<br />
64239*<br />
8920*<br />
116664*<br />
21709*<br />
99369*<br />
'9870*<br />
482657 103844 97973<br />
51 COMPENSATION OF OFFICERS 49772*<br />
54920<br />
29351 83829*<br />
52 REPAIRS<br />
563* 2097* 553*<br />
72125* 396206 80889 78883 45400<br />
10295<br />
3695* 5425* .<br />
139*<br />
4843* . 9109 0<br />
53 BAD DEBTS<br />
1380 972 714<br />
945 (5)* . 795*<br />
■ (5)<br />
759* . 924*<br />
54 RENT<br />
31 34<br />
PAID ON BUSINESS PROPERTY.<br />
2666 1035 843 2 82<br />
9<br />
■<br />
12986<br />
. ■<br />
201* 1324* 538*<br />
16*<br />
55 TAXES PAID<br />
130:: 26:4!):<br />
18 521<br />
■<br />
23492 • 924* 1496* . 457*<br />
1901*<br />
56<br />
4194 ,<br />
INTEREST PAID<br />
73 647 160 ■ ■<br />
9611<br />
1076*<br />
(5)*<br />
3617*<br />
85*<br />
1942* 9193 2281<br />
57 CONTRIBUTIONS OR GIFTS<br />
. 15*<br />
1740 766<br />
661<br />
502* . 791*<br />
■<br />
822* 4422<br />
58 AMORTIZATION 15)* 3* (5)*<br />
508<br />
33* 1322 1144<br />
9<br />
59<br />
■<br />
3* 265 211 134 15<br />
DEPRECIATION (5)* 12 .<br />
-<br />
24890 (5)* (5)* 9* .<br />
60 DEPLETION<br />
'241* 520* 94* 612* ■<br />
2903* .<br />
■<br />
2929*<br />
■<br />
10185<br />
61<br />
2919<br />
ADVERTISING<br />
— — .. • .<br />
3427<br />
—<br />
1060<br />
■<br />
62 2396 • ■ 0<br />
PENSION, PROF SH. , ANNUITY PLANS<br />
51* 8* -<br />
4256<br />
(5)*<br />
161*<br />
3 541* 1587<br />
63 OTHER EMPLOYEE BENEFIT<br />
67 1<br />
PLANS<br />
85* 201* 138<br />
5836<br />
66*<br />
482*<br />
246*<br />
.<br />
293*<br />
64<br />
2290<br />
NET LOSS.<br />
605<br />
NONCAPITAL ASSETS<br />
129* 285* 491* 117 192<br />
56 1051*<br />
■<br />
558* 1806<br />
65 OTHER DEDUCTIONS<br />
■<br />
363 332 339<br />
105275 1204*<br />
- 33*<br />
2925*<br />
—<br />
2716*<br />
18*<br />
5906*<br />
(5) 5<br />
15251* 12472*<br />
—<br />
39957<br />
66 TOTAL RECEIPTS 11873<br />
LESS DEDUCTIONS 93403631<br />
39033<br />
67 CONSTR TAX INC FM -603*<br />
REL FOR CORP(11<br />
680* 857* •<br />
14* 5283► .1234*<br />
■<br />
18408<br />
68 NET ■<br />
7476<br />
INCOME (LESS DEFICIT)(2)<br />
4738<br />
-<br />
3414<br />
.<br />
39028 —<br />
-603*<br />
— —<br />
680* —<br />
69 NET INCOME<br />
857* 14* 5283* -1234*<br />
-<br />
51667 . 18403<br />
.<br />
7476 4738 3414<br />
1<br />
70 DEFICIT<br />
891* 857*<br />
12639<br />
899*<br />
603*<br />
5721*<br />
211 ► .<br />
2651* 25020 7476<br />
RETURNS OTHER THAN FORM 1120<br />
4738 ■S1<br />
885* 438* 3414<br />
3885*<br />
71<br />
6617* ■<br />
NET INCOME (LESS DEFICIT)<br />
. .<br />
72 38607<br />
I<br />
STATUTORY SPECIAL DEDS.1 TOTAL.<br />
.603* 846* 677*<br />
5801<br />
14*<br />
-<br />
5283*<br />
73 169*<br />
.1234*<br />
381*<br />
17996<br />
NET OPERATING LOSS CARRYFRD 46*<br />
7476 4738 3414<br />
■<br />
4429 . . .<br />
169*<br />
917*<br />
74<br />
963<br />
DIVIDENDS ■ 46* 19 433<br />
RECEIVED DEDUCTION. -<br />
■ 721*<br />
2873 .<br />
1372<br />
. .<br />
■ . 381*<br />
901* - 433 0<br />
75 DED FOR DIV PD, PUB UTIL STK. - -<br />
2159 .<br />
76 ■<br />
-<br />
.<br />
196* 62* . 19 ■<br />
WESTERN HEMISPHERE TRADE DEC. ' ■<br />
714 ■<br />
-<br />
■<br />
-<br />
-<br />
. .<br />
■<br />
■<br />
77 INCOME SUBJECT TO TAX .<br />
" ■<br />
.<br />
.<br />
45465<br />
.<br />
719*<br />
. 0<br />
78 296* -<br />
INCOME TAX IBEF CREDITS), TOTt3). 836*<br />
-<br />
20401 201*<br />
5721*<br />
169*<br />
1913*<br />
79 85*<br />
23676<br />
SURCHARGE<br />
- - -<br />
196*<br />
7458 4305 541 .<br />
267<br />
. .<br />
151*<br />
2311*<br />
151*<br />
602 *<br />
80<br />
10073<br />
151*<br />
3534<br />
TAX RECOMP PRIOR YEAR INV. CR•o 16*<br />
-<br />
2064 ' 266 .<br />
268<br />
.<br />
201*<br />
.<br />
.<br />
1<br />
218<br />
81 FOREIGN TAX CREDIT<br />
-<br />
151* 33* 20 13<br />
■<br />
■<br />
. .<br />
-<br />
82 INVESTMENT CREDIT<br />
8*<br />
-<br />
-<br />
23 3 .- -<br />
2052 85* ■<br />
83 NET INCOME(LESS DEF) AFTER TAX(4) 48* 410*<br />
-<br />
279*<br />
- - - . ■ .-<br />
20679 -804* 596* 772*<br />
666<br />
. O<br />
84 NET INCOME AFTER TAX -134*<br />
145 274<br />
.<br />
145<br />
33519 3382* . -<br />
807*<br />
-1557* .<br />
772*<br />
8096<br />
85 ESTIMATED TAX PAYMENTS 4087 2948 3293<br />
.5344 751*. 3820*<br />
■ .<br />
2328e 14713<br />
Se FORM 1120.4 NET INCOME (LESS DEF)<br />
4087 2946<br />
■<br />
3293 .<br />
■<br />
421<br />
. .<br />
-166* 2804<br />
11<br />
DISTRIBUTIONS TO STOCKHOLDERS, 180* ■ .<br />
2362 178<br />
- 407 -<br />
..<br />
.<br />
.<br />
1117 CASH 6 PROP EXCEPT OWN STOCK<br />
■<br />
2803 ■<br />
88 CORPORATION'S OWN STOCK<br />
■ 231*<br />
829<br />
33* .<br />
- -<br />
■<br />
■ ' 1566<br />
SELECTED INVESTMENT ITEMS1<br />
■<br />
841 127<br />
■<br />
5<br />
■<br />
16* 269 544 - .<br />
89 COST OF PROP. USED FOR INV. CR<br />
■ ■<br />
. 31513 - .<br />
465► 90 INVESTMENT QUALIFIED FOR CREDIT .<br />
27479<br />
1430* 6064*<br />
-<br />
.. 297* 4858* 11991 2569 3262<br />
1<br />
91 TENTATIVE INVESTMENT - 1085* 874<br />
■<br />
CREDIT...•<br />
■<br />
1923 5555*<br />
451*<br />
4858* 10066<br />
■<br />
92 INVESTMENT CREDIT CARMYFORWARD<br />
2072 2684 862<br />
1184 81* 397*<br />
127*<br />
344* 708<br />
93 UNUSED INVESTMENT 145<br />
CREDIT<br />
• 188 60<br />
1057<br />
3* 65*<br />
42*<br />
164* 404* P<br />
■<br />
36* 53*<br />
85<br />
229*<br />
336<br />
446<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
- - 251 ■<br />
U. S. TREASURY DEPARTMENT - INTERVAL REVENUE SERVICE