Page Two continuously for almost 45 year3, Marriner 3. Eccle3. Next I would like to present to you our two newest directors, who came on to the Board last year when the older directors felt that the appropriate time had come to broaden the Board in recognition of the growth in the number of shareholders and ever broadening public participation in the ownership of the company. May I introduce to you Dean Ernest C. Arbuckle and Mr. Alf E. Brandin. Next let me present to you Mr. Lawrence T. Dee, a director since 1946; Mr. William R. Kimball, Jr., a director since 1959; Mr. Albert I. Reeves, who in addition serves the company as a member of its Executive Committee and a Senior Vice President and Secretary, and finally, Mr. Paul L. Wattis, a director since 1931. Now let me turn to some general remarks about the affairs of the company - - where it has come from, where it is, and where it hopes to go in the near future. Prior to the meeting a copy of the Annual Report was mailed to you and additional copies are available here. Just inside the back cover there is a 10-year comparison of consolidated results, and this I believe you will find of interest. Some of this information is presented in chart form here, and you will note that the earnings per share were 99 in 1956, rose steadily until 1961 to a level of $2. 27, dipped in 1962 and 1963, began to recover in 1964 and bounced back sharply to a new record high of $2. 56 in 1965. You will also note that dividends paid per share have increased in each of the last 10 years and indeed in each of the last 15 years, and dividends have been paid without