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Report, April 27, 1938

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UNITED STATES RADIUM CORPORATION BALANCE SHEET AS AT DECEMBER 31, 1937 ASSETS Cash in Banks and on Hand $ 47,448.29 Investments (Market Value $48,305.30) at Cost 54,708.60 Notes, Accounts and Other Receivables (Less Reserves) 13,882.46 Inventories: at cost or market, whichever is lower. 21,047.83 Total Current Assets $137,087.18 Investments in and Advances to Weksler Thermometer Corp 30,623.56 Prepaid Expenses 1,950.53 Investment in Idle Property and Plant- At value fixed by Board of Directors 30,000.00 Equipment, Furniture and Fixtures, Less Depreciation 8,313.57 Good-will, Trade-marks, Patents, etc. 1.00 Deferred Charges, Leasehold Improve- ments, etc. 746.67 $208,722.51 LIABILITIES Accounts Payable and Accrued Expenses $ 3,949.42 Provision for Federal Taxes on Income 3,000.00 Provision for Contingencies 89.75 Total Current Liabilities $ 7,039.17 Preferred Stock $ 59,000.00 Less: Amount held in Treasury 5,000.00 54,000.00 Common Stock $ 36,900.00 Less: Amount held in Treasury 150.00 36,750.00 Surplus : Capital Surplus $218,289.94 Deficit from Operations 107,356.60 110,933.34 $208,722.51

Page data

Page
2
Source index
0
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Size
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    "ocrText": "UNITED STATES RADIUM CORPORATION\nBALANCE SHEET AS AT DECEMBER 31, 1937\nASSETS\nCash in Banks and on Hand\n$ 47,448.29\nInvestments (Market Value $48,305.30)\nat Cost\n54,708.60\nNotes, Accounts and Other Receivables\n(Less Reserves)\n13,882.46\nInventories: at cost or market, whichever\nis lower.\n21,047.83\nTotal Current Assets\n$137,087.18\nInvestments in and Advances to Weksler\nThermometer Corp\n30,623.56\nPrepaid Expenses\n1,950.53\nInvestment in Idle Property and Plant-\nAt value fixed by Board of Directors\n30,000.00\nEquipment, Furniture and Fixtures, Less\nDepreciation\n8,313.57\nGood-will, Trade-marks, Patents, etc.\n1.00\nDeferred Charges, Leasehold Improve-\nments, etc.\n746.67\n$208,722.51\nLIABILITIES\nAccounts Payable and Accrued Expenses\n$ 3,949.42\nProvision for Federal Taxes on Income\n3,000.00\nProvision for Contingencies\n89.75\nTotal Current Liabilities\n$ 7,039.17\nPreferred Stock\n$ 59,000.00\nLess: Amount held in Treasury\n5,000.00\n54,000.00\nCommon Stock\n$ 36,900.00\nLess: Amount held in Treasury\n150.00\n36,750.00\nSurplus :\nCapital Surplus\n$218,289.94\nDeficit from Operations\n107,356.60\n110,933.34\n$208,722.51"
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