1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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•<br />
LP-1 ON 4<br />
L OVERLAP R LP-354<br />
354-RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1968<br />
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
RP-1 ON 62<br />
172<br />
MINOR INDUSTRY 3248<br />
CLAY<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
Y. 6 GLASS PRsODUCTS: Miscellaneous<br />
nonmetallic mineral product<br />
• OVER ZERO 50<br />
500 SIZE OF TOTAL ASSETS<br />
ITEM 100<br />
TOTAL<br />
250<br />
ZERO UNDER UNDER<br />
1 , 000<br />
UNDER<br />
5.000 10.000<br />
UNDER<br />
25.000<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
UNDER<br />
1.000 5.000 10,000<br />
•<br />
25.000 50,000<br />
NUMBER OP RETURNS WITH AND WITHOUT NET INCOME<br />
• 1 TOTAL<br />
, 1843<br />
1<br />
2 WITH NET INCOME<br />
515 293* 475<br />
1140<br />
254 154♦<br />
1 172*<br />
116 5* 12 7<br />
3 WITHOUT NET INCOME 208* 321<br />
703<br />
172 137*<br />
3<br />
343<br />
101<br />
6<br />
85*<br />
4*<br />
2<br />
9<br />
4 FORM 1120<br />
6<br />
■S<br />
•<br />
117* -<br />
154* 82* 17*<br />
1<br />
38*<br />
15* 1<br />
38*<br />
3 1<br />
■ 38*<br />
1<br />
2<br />
1 ■<br />
5 TOTAL ASSETS<br />
• ■<br />
2770818<br />
6 CASH<br />
11139 19139* 74427 93825<br />
142027<br />
100674* 222055 36303* 190092<br />
■ 1912 3311* 8368<br />
219331 170810<br />
7 NOTES AND ACCOUNTS RECEIVABLE 545292<br />
9053.<br />
833733<br />
19216* 21454<br />
799290<br />
2474*<br />
■ 2738 3108* 18118<br />
10238<br />
24003<br />
5758<br />
8 LESS, ALLOWANCE FOR BAD DEBTS 8895<br />
25226*<br />
13210<br />
41338<br />
27930<br />
43*<br />
6394*<br />
19103<br />
42078 29864<br />
• 9 INVENTORIES (51 98*<br />
. 462246<br />
462* 215*<br />
2174<br />
598<br />
4733*<br />
457* 1403 581<br />
INVESTMENTS IN GOVT. OBLIGE<br />
11874 22673 690<br />
11098* 39101<br />
481 3867<br />
5308* 32129<br />
10<br />
46046 38439 156708<br />
UNITED STATES<br />
91963<br />
8042 ■<br />
.<br />
.<br />
11<br />
■<br />
STATE AND LOCAL 361<br />
6354<br />
542* ■<br />
Is<br />
4319 2520* 100<br />
■ ■<br />
.<br />
12 OTHER CURRENT ASSETS 475* ■ ■<br />
69091 . 589<br />
81 9<br />
87* 255*<br />
59* 1835 -<br />
13 LOANS TO STOCKHOLDERS 671 2382<br />
3353<br />
525*<br />
1001<br />
110<br />
5896 1108<br />
42*<br />
486<br />
1287<br />
527*<br />
3609 24612<br />
14 MORTGAGE ANC REAL ESTATE LOANS 98*<br />
1239•<br />
16* -<br />
..<br />
2587• ■<br />
(0<br />
466*<br />
..<br />
64<br />
15 OTHER INVESTMENTS 372900<br />
-<br />
- -<br />
■ ■<br />
85* 1438*<br />
• . 18<br />
.16 DEPRECIABLE ASSETS 5149<br />
2022784<br />
1214* 3177*<br />
7592<br />
9398<br />
68<br />
19<br />
9736* 4<br />
2721 6109<br />
17<br />
38608<br />
LESS, ACCUM DEPRECIATION 967204<br />
3174 53826 56255♦ 132073<br />
4512 6028*<br />
31635* 153183 143902<br />
18 DEPLETABLE ASSETS 20072<br />
35768<br />
26072 18563* 52022<br />
141800 614849<br />
19930*<br />
■<br />
.<br />
69696<br />
19<br />
82124<br />
■<br />
e4<br />
LESS( ACCUM DEPLETION.... 00000<br />
■<br />
22033 . 4018*<br />
81890<br />
634759<br />
277871 308424<br />
■ 3170<br />
20<br />
■<br />
6216<br />
■<br />
LAND 51882<br />
51 ■<br />
-<br />
1762•<br />
■<br />
216* 872*<br />
1388 1866<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) 10058<br />
4517 2154 2903* 8633<br />
2626<br />
(5)* 85*<br />
4726* 3688 2849<br />
22 LESSI ACCUM AMORTIZATION 50* 458*<br />
3411<br />
.<br />
4345<br />
6838 7502<br />
1508* .<br />
8912 8067<br />
15)* 42*<br />
960 ■<br />
23 OTHER ASSETS 41325 .<br />
12* 114* ■ 174*<br />
■<br />
848 678* 1754 4119<br />
54<br />
1052*<br />
.<br />
5697<br />
■<br />
367*<br />
3015<br />
5470<br />
-<br />
6029<br />
24 TOTAL LIABILITIES 2770818<br />
25 ACCOUNTS PAYABLE<br />
11139 19139* 74427 93825<br />
245860<br />
100674* 222055<br />
2865<br />
36303* 190092<br />
• 1037* • 9312 17391<br />
219331<br />
26 MORT., NOTES, BONDS UNDER 1 YR 79686 9900* 20435<br />
1276*<br />
4368*<br />
596* 3299<br />
16979 10047<br />
27 OTHER CURRENT LIABILITIES 120541 -<br />
9199 3065* 15739<br />
390 1021*<br />
500 14505<br />
7646<br />
15324<br />
28 LOANS FROM STOCKHOLDERS 37224<br />
13283* 11054<br />
■ 386* 973*<br />
1194* 8154 8388<br />
29 MORT • . NOTES, BONDS OVER 1 YR•• 409741 .<br />
2328* 16872* 1017* 14145*<br />
- -<br />
30 OTHER LIABILITIES<br />
314* 230 0* 7320 14008<br />
46866<br />
6065* 39288<br />
■<br />
348<br />
-<br />
6 *<br />
42668 35580<br />
31 CAPITAL STOCK 1365 2158<br />
442607<br />
33* 5001<br />
■ 5311<br />
139<br />
5766* 17493<br />
4593<br />
16230<br />
3176<br />
19900*<br />
7*<br />
32714 5201* 24207<br />
33 32 PAID-IN OR CAPITAL SURPLUS 260332 32445<br />
RETAINED EARNINGS, APPROP 21802 ■ 118 8 1382* 11041 1754*<br />
■ -<br />
4252 '<br />
(5)<br />
2886<br />
(5)*<br />
8271 21853<br />
34 RETAINED EARNINGS, UNAPPROP...• 1143208<br />
78 ■ 4528 ♦<br />
■ ■<br />
120<br />
2291 250<br />
35 LESS. COST OF TREASURY STOCKee•<br />
9675* 28274 582<br />
37049<br />
45706* 75771<br />
1058*<br />
23020*<br />
2243*<br />
71512<br />
67 1380*<br />
93509<br />
49* 872* 1005 3088 1241<br />
36 TOTAL RECEIPTS<br />
3074379 57418<br />
37 BUSINESS RECEIPTS<br />
23621 29184* 122063<br />
2982321<br />
160539 177885* 309553<br />
57148<br />
37991* 214280 224166<br />
INTEREST ON GOVT. 08LiGATiON31<br />
23234 28671* 120370 157398 160998 ♦ 302374 37577* 209161<br />
38 216122<br />
UNITED STATES<br />
• 39<br />
585<br />
STATE AND LOCAL<br />
1 ■<br />
16<br />
1262 .<br />
18<br />
15)<br />
83* 140 177*<br />
.<br />
16*<br />
41 22<br />
40 OTHER INTEREST 8228<br />
-<br />
245 25*<br />
(5)* 164*<br />
3*<br />
295<br />
43<br />
337<br />
1020<br />
41 RENTS 2891 4<br />
182*<br />
86* 175*<br />
626 16<br />
4<br />
435 603<br />
42 ROYALTIES 543<br />
5938<br />
16<br />
97* 1019<br />
1 ■ 22*<br />
•<br />
49*<br />
326 186<br />
43 NET S-T CAP GAIN LESS L ■T LOSS. 36*<br />
67*<br />
■ 45)<br />
503 7 279<br />
■<br />
44 NET L<br />
234<br />
-T ■<br />
CAP GAIN LESS S-T LOSS.<br />
■<br />
■<br />
7153 35* (5)<br />
■ ■<br />
■<br />
4 45 NET GAIN, NONCAPITAL ASSETS A2<br />
18931<br />
-<br />
157 (5) 2266<br />
■ ■ •<br />
68 2004 16<br />
46 DIVIDENDS, DOMESTIC CORPS 17<br />
01<br />
2248 (5/* 16191* 153<br />
■ ■ 4*<br />
1<br />
49<br />
134<br />
47 (5)<br />
2251<br />
DIVIDENDS) FOREIGN CORPS 26210 ■ .<br />
(51* 343<br />
-<br />
3*<br />
.<br />
69 493<br />
18576 ■<br />
19 301* 170* 626<br />
1203<br />
2497<br />
502<br />
334* 2048 117* 585<br />
49 TOTAL DEDUCTIONS<br />
2717<br />
2890929 57402 24100<br />
50 COST OF SALES AND OPERATIONS.••<br />
21011* 119639<br />
2037815<br />
165735<br />
39622<br />
155457* 286389<br />
13617 36105* 206890 208495<br />
51 COMPENSATION OF OFFICERS 17622*<br />
52193<br />
79954 118971<br />
235<br />
109997* 207604 '<br />
3866 2285*<br />
25098* 141020<br />
52<br />
132358<br />
REPAIRS 9050<br />
62609<br />
7706<br />
3598<br />
6820*<br />
179<br />
8108<br />
103*<br />
1672 2206<br />
53 BAD DEBTS<br />
1068 2421<br />
7801 33<br />
1188 476*<br />
1<br />
3249<br />
42*<br />
1297* 2968 4001<br />
54 RENT PAID ON BUSINESS PROPERTY 23598<br />
310.<br />
446<br />
327* 1958*<br />
1027 552*<br />
465<br />
792<br />
16* 682<br />
55 TAXES PAID<br />
125<br />
77783<br />
1030<br />
1438<br />
338*<br />
897<br />
1858<br />
1038*<br />
169* 844<br />
56<br />
2162<br />
INTEREST PAID 28392<br />
3669 3057<br />
376 86*<br />
4333* 6993<br />
255*<br />
1298*<br />
57<br />
4767 5585<br />
CONTRIBUTIONS OR GIFTS 1878<br />
751 1871<br />
1<br />
1040* 3234<br />
IS)* 44<br />
15<br />
58<br />
3465<br />
AMORTIZATION<br />
49 21<br />
2758<br />
455 9<br />
68*<br />
15) 84*<br />
141 43*<br />
59<br />
343<br />
DEPRECIATION<br />
3* 76<br />
119773 3120<br />
151*<br />
346 922*<br />
156 ■ (5) 72<br />
60 DEPLETION<br />
8<br />
13266<br />
3502 4409<br />
82<br />
5006* 9973<br />
■ -<br />
-<br />
1458*<br />
61<br />
10591<br />
ADVERTISING 32<br />
7755<br />
27978 2088<br />
-<br />
212<br />
1421 ■<br />
136*<br />
2702<br />
62 PENSION, PROF SH.<br />
3510<br />
, ANNUITY PLANS 32808<br />
838 840<br />
420<br />
759* 1196 79* 1852 1383<br />
63 OTHER EMPLOYEE BENEFIT PLANS. "<br />
'<br />
574*<br />
.15511<br />
1429<br />
584<br />
1770*<br />
42*<br />
2221<br />
(5)*<br />
261 ♦<br />
64 114* 316*<br />
1761 3557<br />
NET LOSS. NONCAPITAL ASSETS.•• ■• 989 295*<br />
5<br />
1139 409*<br />
.<br />
843 1789<br />
65 OTHER DEDUCTIONS<br />
■<br />
388080 5345<br />
.<br />
3827<br />
- 7 ■<br />
4928* 10965 24538<br />
30 654<br />
22597* 38624 4290* 32744 40353<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS... 183450<br />
67 CONSTR TAX INC FM REL FOR CORN')<br />
16<br />
19258 -<br />
.479 1173* 2424 -5196 22428 ♦ 23164<br />
68 NET INCOME (LESS DEFICIT)(2) •<br />
1886* 7390 15671<br />
201446 16 -479 1173*<br />
- -<br />
■ ■ •<br />
69 NET INCOME 2408 -5196<br />
695<br />
224<br />
353<br />
225238 28*<br />
16<br />
23139<br />
429*<br />
1883*<br />
1215*<br />
8042<br />
70 DEFICIT<br />
3785 15004<br />
23792<br />
5903 23248*<br />
■ 908<br />
24974<br />
42*<br />
1982* 12349 15083<br />
RETURNS OTHER THAN FORM 1120 ■Si 1377 • 11099* 820* 1835* 99<br />
71<br />
4307 79<br />
NET INCOME (LESS DEFICIT)<br />
189541<br />
16<br />
72 STATUTORY SPECIAL DEDS., TOTAL<br />
-462 888* 2588<br />
5542<br />
-5196<br />
..<br />
11090*<br />
214*<br />
22660<br />
(5)*<br />
1883*<br />
73<br />
8042 15004<br />
NET OPERATING LOSS CARRYFRO 163*<br />
3551 396*<br />
■ 214*<br />
(5)*<br />
(5)<br />
1953<br />
74 114 396*<br />
3* 142<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
1494<br />
1909<br />
■ 1668 .<br />
■<br />
75<br />
84<br />
■<br />
1075<br />
DED FOR DIV PD, PUB UTIL STK. -<br />
(5). 49<br />
(5)<br />
15)* telo<br />
■<br />
3*<br />
76<br />
58<br />
■<br />
419<br />
WESTERN HEMISPHERE TRADE DED• ■<br />
82 ■ -<br />
.<br />
■ .<br />
■ .<br />
- - ■ ■<br />
77 INCOME SUBJECT TO TAX 207609 ■<br />
■<br />
16 ■<br />
215*<br />
■<br />
930*<br />
.<br />
• 78 INCOME TAX (BEF CREDITS), TOT(3)• 95747<br />
3653 5506 11894*<br />
6 43*<br />
22544<br />
79 211*<br />
1979* . 12206<br />
SURCHARGE<br />
876 11585<br />
67<br />
1878 5158*<br />
■<br />
(5)*<br />
10067<br />
15)* 15)*<br />
923*<br />
80<br />
5414<br />
TAX RECOMP PRIOR YEAR INV. CR (5)*<br />
6801<br />
519 15)* 54*<br />
1 (54*<br />
13 . .<br />
• 81 FOREIGN TAX CREDIT 24019 3<br />
(5)<br />
15) (5)<br />
(5/ 17 -<br />
82 INVESTMENT CREDIT<br />
■<br />
23<br />
■<br />
306<br />
■<br />
6283 .<br />
■<br />
15)* (3)8<br />
122<br />
146<br />
1 586 483<br />
83 NET INCOME(LESS DEF1 AFTER TAX(4) 111982 37<br />
10<br />
202*<br />
.522<br />
753<br />
962*<br />
243*<br />
84 NET INCOME AFTER TAX 1678<br />
438 406<br />
135777 ■7037<br />
10<br />
17472*<br />
386*<br />
13A25<br />
1004* 1203*<br />
3055<br />
3066<br />
85 ESTIMATED TAX PAYMENTS<br />
8609<br />
44718 4062 18292*<br />
■ ■ ■ .<br />
15660 1302* 7373<br />
06 FORM 1120-S NET INCOME (LESS DEF1 8688<br />
11905• . 246*<br />
-17<br />
4013<br />
285*<br />
954*<br />
■ 180► .<br />
3576<br />
DISTRIBUTIONS TO STOCIHOLDERSO<br />
3680<br />
11338* 479 -<br />
■<br />
87 CASH & PROP EXCEPT DWN STOCK 69411 1043<br />
88 CORPORATIONSOWN STOCK<br />
. 771* 475<br />
7982<br />
692* 929*<br />
.<br />
3027 1313* 2289 6358<br />
SELECTED INVESTMENT ITEMS) -<br />
-<br />
163* 2802 1140<br />
89 COST OF PROP. USED FOR INV. CR . 125541 - 169*<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
85* 2649<br />
98467 -<br />
2031 6932*<br />
42*<br />
8313<br />
85*<br />
3510*<br />
2055<br />
11681<br />
91<br />
6910<br />
TENTATIVE INVESTMEN7 CREDIT• 6842 1794 2975* •■ (5)*<br />
6924<br />
(51*<br />
3508*<br />
130<br />
10381<br />
92 INVESTMENT CREDIT CARRYFORWARD<br />
5019<br />
2948 -<br />
103 218* 471<br />
-<br />
42* 245*<br />
164* 344*<br />
726<br />
93 UNUSED INVESTMENT CREDIT<br />
352<br />
3523 ' 5)<br />
■ 1000 . 742<br />
ill ( 42* 164* 410*<br />
392<br />
16* 719 2 1029<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
338<br />
50,000 100.000<br />
UNDER UNDER<br />
1001000 250,000<br />
250,000<br />
OR MORE<br />
0<br />
0<br />
2 5 2 o<br />
35648 121886 194891 •<br />
1562 20647 8359 •<br />
14190 146611 144200 •<br />
3308 10083 8889 ♦<br />
6997 ■ 0<br />
2364 6198 6749<br />
170810 833733 799290<br />
•<br />
12759 51747<br />
2459<br />
89020<br />
8628<br />
9690<br />
5097<br />
21230<br />
•<br />
34770<br />
1503<br />
14608<br />
-<br />
190607<br />
6013<br />
56983<br />
15266<br />
•<br />
8768<br />
32064 114879<br />
6676<br />
136397<br />
72572<br />
770<br />
128450 •<br />
86907<br />
1953<br />
367704<br />
11932<br />
1135<br />
340428<br />
12356 12555 (111<br />
186421 709118 822140<br />
183300 691586 794382 •<br />
60 27<br />
7<br />
(5)<br />
101 47<br />
319<br />
•<br />
233<br />
2308 2698<br />
68<br />
274<br />
116<br />
757<br />
—<br />
3767 •<br />
258<br />
1<br />
1307<br />
24<br />
995<br />
135 25 •<br />
48 OTHER RECEIPTS 49 749<br />
21*<br />
338<br />
620<br />
200<br />
5702<br />
577<br />
18113<br />
6789 1796 •<br />
180161 669229<br />
130316<br />
753316<br />
501926 519710<br />
1133 3279<br />
•<br />
4610<br />
3412<br />
6957<br />
525<br />
32915<br />
1506<br />
1081 2236<br />
4513<br />
•<br />
6259<br />
8361<br />
642<br />
18013 20436<br />
9802<br />
205<br />
4097<br />
437 •<br />
7<br />
450<br />
109<br />
6708<br />
7<br />
29640 36343<br />
•<br />
507 2154<br />
2191<br />
2858<br />
3687<br />
4486<br />
12717<br />
7954<br />
1314<br />
8375<br />
5223 3443<br />
•<br />
197 96<br />
19555<br />
.<br />
74358 97956<br />
•<br />
6260 39889<br />
.<br />
68824<br />
6253<br />
4794 13416<br />
44582 82193<br />
•<br />
8199 45862<br />
1946<br />
82193<br />
1280 . •<br />
6253 44582 82193<br />
637 288<br />
■<br />
252<br />
.<br />
•<br />
637 288 170<br />
.<br />
■<br />
.<br />
■<br />
•<br />
7563<br />
82<br />
45576 81942<br />
3566<br />
.<br />
21646<br />
.<br />
39158 5<br />
6<br />
■<br />
98<br />
230<br />
68<br />
6825<br />
411<br />
15769 •<br />
3098<br />
1278<br />
24214<br />
2369<br />
45404<br />
5047 25494<br />
450<br />
45404<br />
11674<br />
•<br />
-<br />
20125<br />
. I.<br />
)<br />
4396 20019 28099<br />
•<br />
■ 3877 ■<br />
11123 30630 41508<br />
•<br />
9177 22651<br />
642<br />
33856<br />
1586<br />
264<br />
2369 •<br />
495<br />
■<br />
308 -<br />
U. S.<br />
•<br />
TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE<br />
•<br />
•<br />
ft<br />
•<br />
•<br />
•