THOMSON'S MANUAL
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31
ASSETS— 1929 1928 1927 1926
Property Account ...cceceecereeee...-$17.871,253 $17,900,797 626,130 $18,481,402
Trust Account ..... pm mmm SSAA 205,348 305,348 259,321 2,140,129
Investments -............... eemeeemanenan 910,929 926,463 180,960 153,500
Marketable Securities .._. - 101,682 78,721 emeaneen renames
CBBN. wewmmmengmnsomensomennagmme © mdubbatamiesimmves won "73,154 25 133,686 355,501
Accts. & Notes Receivable... - £7 "04,340 242,197
[Inventory (Coal, etC.)eeeercieniccee. To? 619,442
Supplies coccinea at 371,155
Nther Assets coo icine 125,499 258,28: 290,616
TOTAL ASSETS ...... eeeeenneaen-$22,408,369 $21,996,115
LIABILITIES—
First Preferred Stock...._.................§
Second Preferred Stock... oo.
Common Stock ....... _ .. Ce een
FUNded” Deb cocmmsiissssssesssimyssis Grae
Notes Payable ii
Accounts Payable
Dther Current Liabilities .............
Deferred Liabilities ................
Depreciation and Depletion...
Other Reserves .....
Surplus ........ .. rma
TOTAL LIABILITIES ... .$22.408.369
FUNDED DEBT, As of Dec. 31, “729
First Mortgage Rate Dated Due Authorized Outstanding
Gold Bonds ... eeeeneee D% 12-11-27 6-1-46 $5,000,000 $4,000,000
$198,289 in mortgage notes assumed and $315,376 unmatured putchase money,
also carried in funded debt account.
oy
Interest Payable: June and Dec. 1, pany, including all corporate stock and
trustee’s office. bonds, now owned or hereafter ac-
Retired: To Dec. 31, 1929, $1,000,000. guired.
Trustee: Bankers Trust Co, New Offered by: Manhattan Trust Co,
ark. Co New York, and Old Colony Trust Co,
Registerable: As to principal. Boston, Dec., 1897
Denominations: Coupon $1,000; prin- RO . ly k Ex
-ipal may be registered. . Listed on: New York Stoc X-
Callable: Not callable. change.
sinking Fund: No sinking fund pro- Price Range:
rigion. 1929 1928 1927 1926 1925 1924
Security: First lien upon all the High... 80 881, 93 96 97 82
property rights and franchises of com- Low.... 60 73% 88 915 82 75%
PACIFIC COAST CEMENT CORPORATION
GENERAL OFFICE: Smith Tower, Seattle, Wash.
CONTROL: Pacific Coast Co. owns all but directors’ qualifying shares.
HISTORY: Incorporated under laws of Washington, Nov. 28, 1927, as a subsidi-
ary of the Pacific Coast Co., to construct a cement plant in Seattle, Wash. Plant
oegan operations Mar. 1,EXS2EN 1929
BUSINESS: Manufactures and distributes Portland cement. Limestone trans-
ported in steamers owned by the parent - Pacific Coast Co., from Dall Island,
Southeastern Alaska, and said to contain 97.5% calcium. with low percentage of
magnesium, is used as raw material.
PROPERTY & OPERATIONS: Company owns in fee approximately 20 acres on
the west shore of the Duwamish Waterway, Seattle, accessible to both rail and
water transportation, upon which was erected in 1928 an electrically operated
cement plant, equipped to grind 3,000 bbls. daily, and with storage capacity for
150,000 bbls. of clinker cement and 100,000 bbls. of finished cement. There is
ample storage for raw material and wharves eauipped with cargo handling ma-
chinery, both in and out.
Company owns limestone deposits on Dall Island, in Southeastern Alaska,
640 miles north of Seattle, calculated to contain 38,500,000 tons of rock readily
available, with 62,800,000 tons underlying, or enough to supply the company’s in-
itial plant capacity for 100 years.
Company owns clay deposit within two miles towage from its plant, said
to be in sufficient quantity for 20 years’ run. }
OFFICERS: E. C. Ward, Pres.; N. D. Moore, Vice Pres.; H. M. Watkins, Sec'y.-
Treas.; Darwin Meistnest, Sales Mgr. .
DIRECTORS: Walter Barnum, Clifford B. Ewart, N. D. Moore. Chas. EF. Richard-
son. John I. Senior. E. C. Ward.
