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INTER-OFFICE LETTER
FOR MR. I. 1. . Galveston, Texas SUBJECT DEPArVTAR:TAL CVRH AD
DATE
JTU Y 1L, 1955
2-48 4M 43969
WRITE ON BUT ONE SUBJECT ON THIS SHEET
TO BE USED BY ALL OFFICERS ORDEPARTMENT HEADS FOR INTER-OFFICE CORRESPONDENCE
Dear Mr. Kempner: The following is a comparison of 1953 end 1954 overhead:
ACCOT ''
1953
Salaries Office Expense, Postage, etc. Taxes - Ad Valorem Engineering (Unallocated Pensions Rent Legal & Professional Credit & Collection Expenses Depreciation Advertising All Other
1954 shoes a increase f s2, 886.00 over 1953 General Overhead. (a) Prior to 1954 advertising expense was absorbed by our retail department s. Very truly yours, L. H./ ILT
fhb/vmp , a; Mr. Those. L. James Mr. D. W. Kempner / Galveston, Texas