Salaries & Shares

Under the Securities & Exchange Act every U. S. corporation seeking permanent listing on a registered stock exchange must report the salaries of its principal officers, together with the common stock holdings of each in the company. As the deadline for security registration is not until July 1, only a fraction of U. S. industry had, up to last week, taken the cold water plunge and made their reports to Washington. The salaries of executives of some corporations which have filed, their stock ownership and the current market value of their shares follow:

Remington-Rand, Inc.

President James H. Rand Jr.. $94,120

Shares 245,447

Price per share $9.50

Goodyear Tire & Rubber Co,

President P. W. Litchfield. . $81,000

Shares 10,501

Price per share $19

U. S. Rubber Co, President Francis B. Davis . $125.219

Shares 10

Price per share. . . . . .$12.50

Diamond Match Co. President W. A. Fairburn. $100,000

Shares 1,500

Price per share $30-25

Crosley Radio Corp.

President Powel Crosley Jr.. .$24.000

Shares 152,699

Price per share $16

Pittsburgh Coal Co.

President J. D. A. Morrow. .$74.440

Shares 4,901

Price per share $3

Eastman Kodak Co.

President Frank W. Lovejoy .$90,903

Shares . -4.670

Chairman William G. Stuber .$61.230

Shares 5.000

Price per share $133

Curtis Publishing Co.

Chairman George H. Lorimer.$100.000

Shares 75,000

Price per share $20

Revere Copper 6 Brass, Inc.

President C. Donald Dallas. .$54.500

Shares 5.513

Chairman Barton Haselton. .$28,636

Shares 15.130

Price per share $6

Pet Milk Co.

President John A. Latzer. . . .$31,500

Shares 20.413

Vice President William T. Nardin $50,465

Shares 1.600

Director Marriner S. Eccles. . . none

Shares 1.490

Price per share $18

Aviation Corp.

President Lucius B. Manning.$15.000

Shares 100,000

Chairman Errett Lobban Cord.$10.000

Shares 3,500

Price per share $4

Standard Oil of Indiana

President Edward G.Seubert.$117,900

Shares 12,021

Price per share $25

General Outdoor Advertising Co, President Burnett W. Robbins.$56.390

Shares 12,503

Price per share $4

Crown Zellerbach Corp.

Chairman Louis Bloch. . . $67,500*

Shares 21,100

President Isadore Zellerbach $45.900

Shares 91,850

Price per share. $3.50

National Cash Register Co.

Chairman Edward A. Deeds $75.000

Shares 24,000

President F. B. Patterson $72,000*

Shares 117,989

Price per share $15.75

Hamilton Watch Co,

President Frank C. Beckwith .$12.000

Shares 1.206

Price per share $6

Allegheny Steel Co.

President Harry E. Sheldon. . $47,803

Shares 79,056

Price per share $25

Armstrong Cork Co.

Chairman John J. Evans. . . .$48.000

Shares 5,920

President H. W. Prentis Jr. . .$48.000

Shares 11,313

Price per share $20

Sears, Roebuck & Co.

Chairman Lessing J. Rosenwald ...............$83,139

Shares ...................91,836

President Robert E. Wood. .$81,818

Shares .......... 37,720

Price per share ........ $37

American Safety Razor Corp.

President Milton Dammann 59,720

Shares 20

Price per share ..... $74

American Smelting 6 Refining Co. President Simon Guggenheim $50.000 Shares 2,000

Price per share $38

Chairman Francis H.

Brownell .............. $100,000

Shares ....................... 30

Price per share .............. $38

Phelps Dodge Corp. President Louis Shattuck

Cates ..... : . . . .. ...... $76,440

Shares ...............30

Price per share $16.50

Director Arthur Curtiss James. .$15DEG Shares .............. ..407.625

Price per share .............. $16.50

Air Reduction Co. Chairman Frederick B.

Adams ..... . ........... $38,668

Shares ....... . ........ -..... 900

Price per share $118

President C. E. Adams ...... $76,269

Shares . . ........ . 200

Price per share ....... $118

Owens-Illinois Glass Co. President William E. Levis. .$100,000 Shares ....................... 100

Price per share ............... $91

Texas Co.

Chairman Charles B. Ames. .$75.000 Shares .......... 15,869

Price per share ...... $21

Pullman, Inc.

President David A. Craw'ford.$6s.454 Shares .................... 1,834

Price per share $39

Director Harold S. Vanderbilt . .$240 Shares ..................... 5,000

Director Richard K. Mellon $680

Shares ......... --4,000

Price per share ..... $39

IL S. Industrial Alcohol Co.

Chairman Chas. E. Adams. . .$36.300 Shares none

President Chas. S. Munson . .$3 1,840

Shares .............. 2,200

Price per share ...... -$4.00

Industrial Rayon Corp.

President Hiram S. Rivitz. . .$96-441 Shares 9,009

Price per share

Mesta Machine Co.

President Lorenz Iversen . .$26,033

Shares . ........... 88,118

Price per share $30

Boeinq Airplane Co.

President C. L. Egtvedt. . . .$20,000

Shares .................... 4-375

Price per share .$8

Detroit Edison Co.

President Alex. Dow ........ $75,7!5

Shares . . 535

Vice President Sarah M.

Sheridan ............... $25.228

Shares ........... 600

Price per share $74

McKeesport Tin Plate Co.

President E. R. Crawford .$173,750

Shares ........... 2,000

Price per share ............... $103

*Includes $32,737 salary from Crown Willamette Paper Co.. a subsidiary.

*All but five shares are held by Far Hills Co.. Patterson family holding company. Includes a $92,500 bonus.

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