1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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•<br />
0<br />
I<br />
LP-1 ON 4 L OVERLAP R LP-739 739•RP RP-1 ON 62<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
• ACT:YE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1968<br />
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS,<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
ITEM<br />
TOTAL<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500<br />
ZERO<br />
11000<br />
UNDER UNDER<br />
50000<br />
UNDER<br />
10,000<br />
UNDER UNDER<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250 500 1.000 5.000 10,000 25,000<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 3139<br />
85*<br />
2 WITH NET INCOME<br />
1233 382 478 267 223<br />
1873<br />
300 70 46<br />
3 WITHOUT NET INCOME<br />
3 480 255* 276 217<br />
1266<br />
220<br />
,4<br />
82*<br />
254 69 44<br />
FORM<br />
753<br />
1120.5<br />
127* 202<br />
273<br />
50* 3 46<br />
113* 36*<br />
1<br />
76*<br />
a<br />
38* - 6 a -<br />
5 TOTAL ASSETS<br />
12524423<br />
280<br />
MINOR INDUSTRY 6033<br />
Finance, ine. & real estate, riecurity and<br />
commodity brokers, dealers, exchanges,<br />
and service, Security brokers, dealers,<br />
and flotation camp:slips<br />
25,000 50,000 1001000<br />
UNDER UNDER UNDER 2501000 C<br />
50.000 100,000 250.000 OR MORE<br />
22 5 15 10<br />
22<br />
a 15 10 t<br />
.■ 24849<br />
6 CASH<br />
26924 77384 69072 155627<br />
773077<br />
695929 524301 677707<br />
5584<br />
772078 507156 2221218 6750178<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
7644 18137 18890<br />
5935459<br />
24913 81998 31326 58442<br />
■<br />
60844 17209 183867 264223<br />
8<br />
6262 8080<br />
LESS, ALLOWANCE FOR BAD DEBTS 23036 31356<br />
3085<br />
72167<br />
..<br />
298168 326239 363634 482188 310971 1069054 2944304<br />
9 INVENTORIES<br />
339* .. 115 72 8<br />
756 . 997 191<br />
2<br />
199 240 75<br />
■<br />
365 464<br />
INVESTMENTS IN GOVT. °SLIGO<br />
. 82 637 35 -<br />
4<br />
10 UNITED STATES ' 804077 ■ ■<br />
11 STATE AND LOCAL 2574<br />
66407<br />
3567<br />
0<br />
30<br />
■ 4<br />
15761 9803* 2466<br />
■<br />
12 OTHER CURRENT ASSETS 3296194<br />
2475* 50<br />
3677<br />
3027* 2182 23765<br />
13 LOANS TO STOCKHOLDERS<br />
3341 • 13023 22027<br />
9175<br />
31850 196646<br />
2163*<br />
110542 94228<br />
14 MORTGAGE AND REAL ESTATE LOANS.<br />
1107* 201* 127*<br />
•<br />
24375<br />
1955 527 448 184<br />
15<br />
-<br />
OTHER INVESTMENTS<br />
151 1<br />
1176755<br />
(51<br />
-<br />
295*<br />
5828<br />
660 5662* 17718<br />
16 DEPRECIABLE ASSETS<br />
2574* 11901<br />
116002<br />
6192 18310 69984<br />
1112 3745<br />
28358 65140<br />
17<br />
•<br />
LESS1 ACCUM DEPRECIATION<br />
4822<br />
35578<br />
1498 2807 17431<br />
330 2003<br />
5941 14992<br />
18 DEPLETABLE ASSETS 1776<br />
358* 4<br />
845<br />
- ,<br />
895<br />
4<br />
6862 2609 6120<br />
19 LESS' ACCUM DEPLETION<br />
99* 49* .<br />
50* ..<br />
210<br />
.<br />
.<br />
.<br />
-<br />
20 LAND 9203 .<br />
32* (51* . 18 . .<br />
21<br />
. (51<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
1197<br />
2217<br />
.3123*<br />
-<br />
366* 1683 88 1328<br />
22<br />
421 1*<br />
LESS1 ACCUM AMORTIZATION<br />
29<br />
4 18<br />
900<br />
390<br />
23<br />
..<br />
202<br />
OTHER ASSETS<br />
168 15)*<br />
370<br />
25 .. 17 155 f<br />
347981<br />
•<br />
■<br />
639<br />
129<br />
4433<br />
105<br />
4312 685 1704 17476 5802 41609<br />
24 TOTAL LIABILITIES 12524423 ■<br />
25 ACCOUNTS PAYABLE<br />
24849 28924 77384 69072 155627<br />
4535653<br />
695929<br />
.. . 3222<br />
524301 677707<br />
26. MORT.. NOTES, BONDS UNDER 1 YR<br />
3006 21084 29327 77725<br />
3148055<br />
284936 263431 297638<br />
■ 2151*<br />
27 OTHER CURRENT LIABILITIES<br />
1129* 11567 10642* 19623<br />
2850705<br />
172668 93032 112667<br />
■<br />
28 840<br />
LOANS FROM STOCKHOLDERS<br />
2945 1718 . 5460<br />
51685<br />
11989<br />
..<br />
57835 62880 89436<br />
29<br />
7025* 804*<br />
MORT., NOTES, BONDS OVER 1 YR 5621* 668*<br />
325227<br />
1363*<br />
.<br />
5355 4833 1078<br />
30 OTHER LIABILITIES<br />
1696 343 ► 6013 2929 ►<br />
462099<br />
15829<br />
.<br />
21755<br />
1498<br />
14223 17366<br />
31 CAPITAL STOCK<br />
5257 5690 818<br />
•<br />
375052 -<br />
4346 13667<br />
32 PAID-IN OR<br />
2252! 10709<br />
2594 32849<br />
CAPITAL SURPLUS<br />
14376<br />
164702<br />
15434 12321 56153<br />
1889*<br />
30753<br />
■ 31774<br />
33 RETAINED EARNINGS. APPROP<br />
5147* 7293 5189<br />
30471<br />
8831 34420 13461 13598<br />
34 RETAINED EARNINGS, UNAPPROP<br />
15) .<br />
•<br />
644582<br />
738 .<br />
-12990<br />
1854 2163<br />
35 LESS, COST OF TREASURY ..14<br />
STOCK•••<br />
4207<br />
8380$<br />
18297<br />
.<br />
18756<br />
3005<br />
52726<br />
402<br />
41676<br />
185*<br />
88688<br />
430 909 5440 2582 ;550<br />
36 TOTAL RECEIPTS<br />
•<br />
2306526 3415* 13294<br />
37 BUSINESS RECEIPTS<br />
27312 47294<br />
589022<br />
34021<br />
1768<br />
52283<br />
6673*<br />
246232 136527 190113<br />
INTEREST ON GOVT. OBLIGATIONS1<br />
6225* 14949 11333* 21835* 92526 29442 53711<br />
38 UNITED STATES<br />
61984<br />
39<br />
68<br />
STATE AND LOCAL<br />
(5)*<br />
- 98<br />
9939<br />
91<br />
54<br />
50 ► 335<br />
4<br />
1407 485<br />
40 OTHER INTEREST<br />
42* 50* 393*<br />
170313<br />
473<br />
40*<br />
2064 940 1021<br />
41<br />
189<br />
RENTS....<br />
750 995 180 724<br />
3015 .<br />
3099 3882 7923<br />
42 ROYALTIES<br />
151 340* 208* 29*<br />
215*<br />
161* 860* 11 799<br />
43 NET<br />
.1<br />
S-T<br />
-<br />
CAP GAIN LESS L<br />
.<br />
■ T LOSS • 9589<br />
110* . 14<br />
44 NET L<br />
466*<br />
■T CAP RAIN<br />
151*<br />
LESS S-T LOSS.<br />
32 754<br />
33371<br />
1706*<br />
• 45<br />
..<br />
665<br />
2<br />
231 294<br />
NET GAIN, NONCAPITAL ASSETS<br />
127* 33 2043<br />
1131839<br />
2081 5323<br />
8<br />
2038 4507<br />
46 DIVIDENDS, DOMESTIC CORPS<br />
3530 7797* 19179<br />
14296<br />
12477<br />
308<br />
19716 108919 43 42*<br />
66807 95382<br />
47 DIVIDENDS. FOREIGN CORPS<br />
254 305<br />
1866 (51<br />
451 2650 $48<br />
• . 42*<br />
2098<br />
48 OTHER RECEIPTS 16*<br />
281077<br />
15)<br />
1168*<br />
1<br />
2391<br />
14<br />
11947*<br />
41<br />
11490<br />
117<br />
6306 5085 29763 30880 23761<br />
49 TOTAL DEDUCTIONS<br />
1642516 4659*<br />
SO<br />
14195<br />
COST OF SALES AND OPERATIONS•<br />
25186 46853<br />
8027<br />
26105 •<br />
..<br />
42466 205572<br />
42<br />
106004 145513<br />
51 COMPEN SATION OF OFFICERS (51 230<br />
248524 1198*<br />
180* 2045*<br />
. .<br />
0353 ► 12558<br />
3631<br />
52 REPAIRS 4415<br />
9946<br />
..<br />
13462<br />
l<br />
41505 25262 29598<br />
53 BAD DEBTS<br />
213* 57<br />
4146 .<br />
49*<br />
762*<br />
55* 288<br />
1<br />
112 246<br />
54 RENT PAID ON BUSINESS PROPERTY 196*<br />
55154 115*<br />
131* 26<br />
810<br />
445<br />
722* 1250<br />
21 911<br />
55 TAXES PAID 63832<br />
951<br />
109<br />
1395<br />
► 307<br />
5725 3130 3785<br />
56 INTEREST PAID 620 1220<br />
180031<br />
883<br />
99<br />
1347<br />
390<br />
6520 3580 5497<br />
57 CONTRIBUTIONS OR GIFTS<br />
87 ► 1150<br />
5083<br />
828<br />
14<br />
1483<br />
15)*<br />
6742<br />
1<br />
6460 9202<br />
58 AMORTIZATION 15/<br />
455<br />
49*<br />
151<br />
70<br />
42<br />
576<br />
8*<br />
211<br />
II<br />
511<br />
59 DEPRECIATION 2<br />
14003 1<br />
15<br />
151<br />
142<br />
53<br />
335<br />
5<br />
425<br />
29<br />
60 DEPLETION 53*<br />
333 235<br />
15)<br />
1650 550 • 1392<br />
61<br />
.<br />
ADVERTISING<br />
4 16<br />
23364 14<br />
30* 4 3 4 4<br />
62 PENSION, PROF SH..ANNUITY PLANS<br />
269 35* 209 390*<br />
56318<br />
404<br />
24<br />
2852 1006 3917<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
. 931* 2010*<br />
5643 .<br />
319*<br />
-<br />
1016* 5036 2359<br />
■<br />
64 NET LOSS. NONCAPITAL ASSETS 263*<br />
5430<br />
16* 86<br />
■ .<br />
480 287 -47<br />
65 OTHER DEDUCTIONS 239 16*<br />
1167138<br />
(5) • 957<br />
3071*<br />
3697<br />
9384<br />
21<br />
13641<br />
330<br />
27251 11999 21930 129996 63000 80892<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•.• 464010 .1244* -901<br />
67 CONSTR TAX INC FM RE. FOR CORP111<br />
2126 441 7916<br />
5791<br />
9817 40660<br />
.<br />
10523<br />
- 4<br />
44600<br />
68 NET INCOME (LESS DEFICIT)(2) 459862<br />
(5)<br />
-1298*<br />
. .<br />
-901<br />
.<br />
2084<br />
(5)<br />
69 NET INCOME 391<br />
476505<br />
7523 9344<br />
805<br />
38596 29583 43579<br />
70 DEFICIT 1373 4205* 4251<br />
16643<br />
7952 9448<br />
2103*<br />
44105 29663 43742<br />
RETURNS OTHER THAN FORM 1120.11<br />
2274 2121 3860 429* 104 5509 80 163<br />
71 NET INCOME (LESS DEFICIT) 457454 .1298*<br />
72 STATUTORY SPECIAL DEDS.. TOTAL<br />
.836 2200 391<br />
32591<br />
7198<br />
262<br />
9344<br />
719*<br />
37151 28764 43579<br />
73 NET OPERATING LOSS CARRYFRO.•<br />
2412* 908<br />
20646 -<br />
1957<br />
719<br />
1548<br />
2370* .<br />
4129<br />
707<br />
4660 2307<br />
74 DIVIDENDS RECEIVED DEDUCTION. 11945 262<br />
1770 1173* 1932<br />
15)*<br />
3962 523<br />
75 DEO FOR DIV PD. P PUB UTIL STK.<br />
-<br />
42* 201<br />
187<br />
■<br />
..<br />
.<br />
375 2197 698 1784<br />
76 ■<br />
WESTERN HEMISPHERE TRADE DED. . .<br />
77<br />
.<br />
4<br />
INCOME SUBJECT TO TAX<br />
. - -<br />
■<br />
•<br />
442160 542<br />
78 INCOME TAX (BEF CREDITS), T01)3) 636 1750* 3377<br />
201536 5670<br />
251 7950<br />
127 426*<br />
38963 24092 41567<br />
79 SURCHARGE 891<br />
1070<br />
1785<br />
(5)<br />
2455<br />
151*<br />
16587<br />
151* (5/<br />
10964 18955<br />
80 TAX RECOMP PRIOR YEAR INV. CR 20 . . '<br />
(5)<br />
.<br />
s 99<br />
.<br />
111 168<br />
61 FOREIGN TAX CREDIT 1214 . .<br />
15) 151 3<br />
15)* .<br />
3 (5)<br />
82 INVESTMENT CREDIT 1629<br />
.. ■<br />
(5) (5)1 42<br />
151<br />
►<br />
25<br />
16<br />
45<br />
83 NET INCOME(LESS DEFT AFTER TAX141 259955 .1549*<br />
16<br />
•1028<br />
16<br />
1700<br />
112 69 134<br />
84 NET INCOME AFTER TAX .484<br />
276598 554<br />
5754<br />
1246<br />
6905<br />
3821*<br />
22121 18708 24758<br />
1.., 65 ESTIMATED TAX PAYMENTS 3376<br />
96766<br />
6183<br />
125 7009<br />
42* .<br />
27630 18788 24921<br />
-<br />
86 FORM 1120-S NET INCOME (LESS DEF) 2408 .. ■<br />
' .65* •116*<br />
2177 1777<br />
15)*<br />
5645<br />
DISTRIBUTIONS TO STOCKHOLDERS, 325* - :445 119 .<br />
67 CASH 8 PROP EXCEPT OWN STOCK 31641 233<br />
66 CORPORATION'S ON STOCK<br />
169* . 1 52<br />
20399<br />
240*<br />
4339*<br />
319*<br />
.<br />
4133 1531 4732<br />
SELECTED INVESTMENT ITEMS,'. -<br />
- 642 306 508<br />
89 COST OF PROP. USED FOR INV. CR. 34837 3<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
258* 229* 299<br />
22141<br />
314<br />
3<br />
574 2013 1008<br />
171* 281<br />
2657<br />
91 TENTATIVE INVESTMENT CREDIT<br />
258*<br />
1496 (51<br />
264 424<br />
. (5)*<br />
1552 894 1781<br />
92 INVESTMENT CREDIT CARRYFORWARD<br />
(51* 16<br />
361<br />
32 17<br />
■ 151*<br />
90<br />
127*<br />
56<br />
(54<br />
126<br />
►<br />
93 UNUSED INVESTMENT CREDIT 229 1 36<br />
■ 151* 85* 30 68<br />
(5 4 * 16<br />
2 16 . 59<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />
-<br />
-<br />
t<br />
23969 54950 235517 455420<br />
11421 - 15267 8220<br />
111010 72798 538749 2100303 I,<br />
463 - -<br />
39 . 4 .<br />
58582 39202 144762 725922 II<br />
9994 4351 18154 31155<br />
3392 1866 6441 2439<br />
. .<br />
-<br />
S<br />
. - .<br />
1391 . 27<br />
351 302 133 9<br />
72 165 64 ■<br />
15530 9479 2255d 223554'<br />
772078 507156 2221218 6750178<br />
320486 213822 883504 2137472<br />
213968 165897 740519 1604172<br />
63057 52821 392189 2109535<br />
4519 20419 .<br />
52549 16859 33996 155916<br />
13779 2738 10986 367877<br />
22636 22045 46479 89849<br />
15921 9653 13918 55382<br />
1573 246 15011 8886<br />
66485 24017 70115 272619<br />
2915 942 5918 51530 I<br />
223031 94852 355516 882636,<br />
106916 43960 85488 114196 e<br />
1829 2820 8542 46259<br />
637 156 1176 2933 ,;<br />
8284 5526 26481 112240<br />
497 110<br />
11.<br />
1384 1411 1068 1578<br />
5844 4280 6359 734<br />
50936 11801 144497 590790<br />
2868 1617 1254 1558<br />
287 629 90 629<br />
43547 22579 60451 11719 •<br />
t<br />
•<br />
182688 73700 289775 679800<br />
3944 . 4 .<br />
22663 7346 37922 36666<br />
344 356 482 2211<br />
183 74 337 1059 C<br />
6467 1929 10539 18336<br />
4501 2667 11572 25009<br />
11400 7271 34201 101618 6<br />
420 569 1421 1241<br />
13 SO 252 (51<br />
1045 429 2368 5064<br />
.<br />
•<br />
4<br />
4<br />
1535 727 3458 8548<br />
4512 1972 8318 24698 1<br />
285 208 1188 2433<br />
160 10 4<br />
125216 50142 177697 452917<br />
40343 21152 65741 202836<br />
- 20 15 5756 I<br />
39706 24016 64580 205659<br />
39706 21016 64580 205659<br />
- - . I<br />
39706 21016 64580 205659<br />
5471 3504 3334 1380 8<br />
3035 2130 2270 55<br />
2436 1374 1064 1325<br />
- - - 0<br />
34238 17514 61245 204596 •<br />
15131 7754 28075 98135 4<br />
160 145 233 149<br />
5 2 3 4<br />
51 149 61 883 0<br />
106 49 327 720<br />
24683 13311 36832 108244<br />
24683 13311 36832 108244 0<br />
7152 2937. 13683 63228<br />
* -<br />
3405 254 1525 14868<br />
1<br />
■ 4672 9932<br />
1<br />
3024 1016 6050 16592<br />
1452 852 3923 10286<br />
103 60 276 720 I<br />
16 29 50 2<br />
10 39 - 2