Statements for 1945-48 revised to give effect to Lifo method of inventory valuation. ource: Standard and Poor's Corporation Records, vol. 16, No. 18 p. 8285.

TABLE XXXII-B

S. S. Kresge Co., earnings and finances (consolidated earnings)

Including excess profits taxes.

$28, 729,249
31, 416, 181
33, 289, 343
33, 101, 428
36,763, 748
32, 132, 303
37,604, 370
36, 411, 552
38,535,981
35, 287, 136
32, 298, 522
29,706, 405
27,749,836
22, 522, 150
17, 716, 944

$29,062, 515
31, 771, 582
33,680, 716
33, 565, 544
37, 408, 321
32,747,284
38, 244, 957
36,958, 905
39, 139, 446
35,934, 277
32, 904, 235
29,947,272
27,856, 392
22,587, 763
17, 762, 522

$5, 468, 416
4,903, 918
4,611, 687
4, 285, 365
3, 893, 883
3,806, 623
3,496,963
3, 307, 047
3,257, 645
3,361, 585
3,535, 125
3,086,068
3,740, 263
3,769, 767
3,789, 614

$11, 089, 600
13, 380, 000
14, 810,000
14, 220, 000
14, 240, 000
10, 640,000
12,853,000
12,820,000
13,817,000
21, 180,000

$12, 332, 762

$2.24

13, 247, 425

2.40

14, 148, 466

2.56

14,924, 429

2.70

19, 703, 401

3.57

18,087, 317

3.28

21,773, 556

3.95

20, 798, 473

3.79

After provision for possible postwar adjustments: 1943, $1,256,000; 1942, $1,341,000; 1941, $1,030,387. Shares: 1948 and after, 5,517,872; 1947-44, 5,489,917; prior years, 5,489,922.

1952

1950.

1946.

1944

1942

1940.

1951.

1947.

1945.

1943..

1941..

Also includes $300,400 deferred Canadian income tax in 1953, cr$300,400 in 1954.
Source: Standard and Poor's Corporation Records, vol. 16, No. 12, p. 8528.

$89,000 452, 000

882, 190 14, 238,000 8,357,000 250,000 cr: 314, 000 195, 020 15,880,000 10, 530,000 3, 183, 000

TABLE XXXII-C

H. L. Green Co., earnings and finances (consolidated earnings)

1 Includes Canadian income and excess profits taxes in 1946 and subsequent years and United States excess profits taxes:

1946.

1944.

1942.

1945.

1943.
1941.

$2,527,000

* Shares: 1948 and after, 1,196,284; prior years, 598,142.

Source: Standard and Poor's Corporation Records, vol. 16, No. 12, p. 8575.

1942.

$250,000

9,200,000

9,000,000

2,515,000

350,000

11,700,000

After preferred dividends prior to 1944; shares: 1954, 2,375,834; prior years, 2,351,674.
Source: Standard and Poor's Corporation Records, vol. 16, No. 12, p. 8801.

8,010,000

TABLE XXXII-E

Federated Department Stores, Inc.

EARNINGS AND FINANCES (CONSOLIDATED EARNINGS)

[Years ending approximately January 31. Years ending approximately July 31, 1946-42]

Source: Standard and Poor's Corporation Records, vol. 16, No. 18, p. 8300.

75135-56-23

TABLE XXXII-F

May Department Stores Co., earnings and finances-Long term digest of consolidated income account

2 $3.75 preferred in 1946; combination $3.75 and $3.40 after.

NOTE.-Adjusted common earnings for 2-for-1 splits in June 1951 and Apil 1945: 1951,
$3.46; 1950, $2.90; 1949, $3.22; 1948, $2.98; 1947, $3.35; 1946, $1.47; 1945, $1.13; 1944, $1.01;
1943, $0.91; 1942, $0.94.

Source: Standard and Poor's Corporation Records, vol. 17, No. 7, p. 7682.