OCR Output

= Sara

Since its start the managment has shown much initiative gna
foresight. |

In 4959 it acquired the Rectigraph Co of mere se) NY and, at ‘in
the same time its Canadian Subsidiary. the main plant is located

in Rochester, NY. By the end of last year the Company employed only
869 people. | )

Contrary to most of its larger competitors, who have nation-wide

contacts, most of its officers and directors are located in

Rochester. This ARRGE STAY vagyat on. the southern shore of lake Ontairio

has a population of 330,000 , a relatively ésa city from a US point
of vicw. | if
OTRAS ee wanaien? ha ae

_ Nevertheless, st d has not ina étdk dee

sales. In the 5 year periode between 1946 and 1951 sales > i increased
im 1952 QO Alan Dee Mirani Aa ,

from 6.7 Million to 12.9 Millions, or nearly doubled.

pividinde during
the same period have inereaned from $.90 a share to $1.40

Haloid started i$s career by manufacturibg photographic paper and later
on became a leader in the photostatic field

It still produces paper for photography , especially the very sensitive

one used by experts,
However, largest sales are derived from its photocopy paper and* equip¬

ment. The process consists in an accurate sl ditt aban of writing,

drawing, 9 aid or any print lat aah d on paper, without the help

aphic Maat ba It is extensively used in the various branches

of the industry, eoeamaont agencies, universi ties and libranies.. a

id ia d: see eae Re aes RS Oe ae i res TÓZSE