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Report, May 18, 1939

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UNITED STATES RADIUM CORPORATION BALANCE SHEET AS AT DECEMBER 31, 1938 ASSETS Cash in Banks and on Hand $ 38,912.35 Investments (Market Value $39,091.25) at Cost 44,708.60 Notes, Accounts and Other Receivables (Less Reserves) 14,144.95 Inventories: : at cost or market, whichever is lower 21,207.31 Total Current Assets $118,973.21 Investments in and Advances to Weksler Thermometer Corp. 42,449.32 Prepaid Expenses 2,453.95 Investment in Idle Property and Plant- At value fixed by Board of Directors 30,000.00 Equipment, Furniture and Fixtures, Less Depreciation 7,992.33 Good-will, Trade-marks, Patents, etc. 1.00 Deferred Charges, Leasehold Improve- ments, etc. 426.67 $202,296.48 LIABILITIES Accounts Payable and Accrued Expenses $ 4,526.20 Provision for Federal Income Taxes 400.00 Total Current Liabilities $ 4,926.20 Preferred Stock $ 59,000.00 Less: Amount held in Treasury 9,000.00 50,000.00 Common Stock $ 36,900.00 Less: Amount held in Treasury 225.00 36,675.00 Surplus: Capital Surplus $217,139.94 Deficit from Operations 106,444.66 110,695.28 $202,296.48

Page data

Page
2
Source index
0
Type
photo
Media ID
e8e27c10633da331
Size
unknown

Document data

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75729661
Core
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Context sent to Scholar

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    "ocrText": "UNITED STATES RADIUM CORPORATION\nBALANCE SHEET AS AT DECEMBER 31, 1938\nASSETS\nCash in Banks and on Hand\n$ 38,912.35\nInvestments (Market Value $39,091.25)\nat Cost\n44,708.60\nNotes, Accounts and Other Receivables\n(Less Reserves)\n14,144.95\nInventories: : at cost or market, whichever\nis lower\n21,207.31\nTotal Current Assets\n$118,973.21\nInvestments in and Advances to Weksler\nThermometer Corp.\n42,449.32\nPrepaid Expenses\n2,453.95\nInvestment in Idle Property and Plant-\nAt value fixed by Board of Directors\n30,000.00\nEquipment, Furniture and Fixtures, Less\nDepreciation\n7,992.33\nGood-will, Trade-marks, Patents, etc.\n1.00\nDeferred Charges, Leasehold Improve-\nments, etc.\n426.67\n$202,296.48\nLIABILITIES\nAccounts Payable and Accrued Expenses\n$ 4,526.20\nProvision for Federal Income Taxes\n400.00\nTotal Current Liabilities\n$ 4,926.20\nPreferred Stock\n$ 59,000.00\nLess: Amount held in Treasury\n9,000.00\n50,000.00\nCommon Stock\n$ 36,900.00\nLess: Amount held in Treasury\n225.00\n36,675.00\nSurplus:\nCapital Surplus\n$217,139.94\nDeficit from Operations\n106,444.66\n110,695.28\n$202,296.48"
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