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YEARS ENDED DECEMBER 31
GROSS REVENUE
1956
1955
$198,880,035 $189,456,563
NET PROFIT OR (LOSS)
(excluding minority interest)
From Operations $ 9,587,214
From Sale of Properties 7,165,155
$ 8,002,259
1,102,501
total $ 16,752,369 $ 9,104,760
EARNINGS
PER COMMON SHARE*
From Operations
From Sale of Properties. .
total
$
2.53
1.95
$
2.20
.32
$
4.48 $
2.52
WORKING CAPITAL
AT DECEMBER 31 .
$ 16,197,792 $ 10,146,953
EARNED SURPLUS
AT DECEMBER 31
(excluding surplus reserves)
$ 42,423,576 $ 29,966,364
OUTSTANDING STOCK
AT DECEMBER 31
(number of shares)
First Preferred—Series A
First Preferred—Series B (convertible)
Convertible Preference
Common *
*Adjusted for the two-for-one stock split in 1956.
52,900
52,900
25,340
3,671,602 3,440,478
1954
$120,984,467
$ 4,822,070
916,003
$ 5,738,073
$
1.35
.28
1.63
$ 16,736,838
$ 24,697,177
52,900
38,000
3,297,520
1953
$97,693,990
$ 4,135,290
2,278,710
$ 6,414,000
1.26
.70
$
1.96
$10,797,942
$21,647,725
61,960
24,290
3,227,280
1952
$87,218,524
$ 4,251,170
270,245
$ 4,521,415
1.29
.08
$
1.37
$ 8,289,896
$17,187,648
43,513
3,241,688
1951
$80,222,215
$ 3,940,815
$ 3,940,815
$
1.19
S
1.19
$ 7,154,309
$14,447,174
79,889
3,185,756
1950
$71,795,761
$ 4,855,333
$ 4,855,333
1.55
$
1.55
$ 6,021,555
$12,664,299
98,077
2,996,434
1949
$47,805,394
$ 4,315,026
(183,353)
$ 4,131,673
1.38
(.06)
$
1.32
$ 4,200,894
$ 9,614,750
116,265
2,961,184
1948
$48,725,969
194T
$47,842,722
$ 4,055,202
$ 4,055,202
$ 4,584,908
1,114,826
$ 5,699,734
$
1.19
1.19
$
$
1.28
.34
1.62
$ 3,044,148
$ 5,227,519
$ 7,271,896
$ 5,062,687
134,463
3,167,090
197,401
3,237,156
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