204 
THOMSON'S MANUAL 
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 
(As filed with Department of Public Works, Olympia, Wash.) 
1929 1928 
370,316 338,682 
«71 691 213,869 
Gross Revenue oon 
Operating Expense and Ta _3..... 
3 
Net Earnings ooo... 
Interest, Amortization, etc. ....... 
Net Income ...coceien ees 
Misc. Additions: or Deductions.. 
Adjusted Income ....... 
Preferred Dividends .. oceans noe. 
Surplus for the vear... iris 
Deficit. 
-2C 
COMPARATIVE BALANCE SHEET, As of Dec. 31 
(As filed with Department of Public Works, Olympia, Wash.) 
ASSETS- 1929 1928 
CUABN  npumms Ir ae mimi RE RRR ge eras tas hms whens im 7,767 3,431 
Notes Receivable ol oi iirinnnns i .. 400 440 
Accounts Receivable ..._. o aseemansannmmanduiiine wis # Nad IB 21,412 
Supplies, ete. ...... rae er emememaeeeocaeceneaeeenas 662 564 
Investments (NON-~pe' =<" 5 _ieeeececcccccceeeeenee. 125,082 174,076 
Steam Floating Equipmer ...... .oeooeeeceeccacccccoceene... 276,582 :&0,8717 
Diesel Floating Equipment. i eereeeeeenmameeeenene £02,360 . 6,354 
Docks and Wharves _.. ee iemeeeemamammmaannnnennee 01,482 01,436 
Real Estate _...._.... ema mmm hE SSS SO 5,658 500 
Office FIXTUTES oie eee ce maaan anne 2,657 1,986 
Miscellaneous Equipment inns 5,694 wii 
Other Assets .occcceeoo. rd REE TRARY 210 _0 
Deferred Items ................ emmeeeeen 22,644 24.755 
TOTAL ASSETS ioeieiecieaeeeeereeennmneenreeeeeaeeee- $980,433 
LIABILITIES— 
Accounts and Wages Pavable.. 
Notes Payable .... 
Funded Debt .............. mg 
Depreciation Reserve oii 
Deferred Credits and other reserves... 
Capital Stock 
Suronlus 
7.730 
6 
736,000 
= 94LE 
L570 E 
5,070 
7.692% 
ann 
cq 
TOTAL LIABILITIES 
Deficit. 
16.25 
 20R().432 
R046 «- 
1927 
303,795 
284.523 
17,472 
12.682 
4,790 
6.604 
11,394 
11.204 
1927 
3 689 
140 
32,174 
238 
12,996 
215,094 
181,922 
20,754 
500 
1,848 
310 
17,2563 
242 920 
3 65,474 
77,786 
95,000 
76,545 
20,000 
200,000 
-50.885 
e482 920 
FUNDED DEBT, As of Dec. 31, 1929 
First Mortgage Serial Sinking Rate Dated Due Issued Outstanding 
Fund Gold Bonds... _6%9% 4-1-28 1929-42 $250,000 $236,000 
Interest Payable: Apr. and Oct. 1, at Sinking Fund: Impounded with trus- 
National Bank of Commerce, Seattle. tee monthly sufficient to retire issue 
Principal Payable: $10,000 on Oct. 1, at maturity. 
each year, 1929 to 1941, incl.; $120,000 Tax Status: Company pays normal 
Oct. 1, 1942. 2% Federal income tax. 
Trustee: National Bank of Com- Security: First mortgage on all 
merce, Seattle. physical property, leases, rights and 
Registerable: As to principal. franchises of the company. 
Denominations: $500 and $1,000. Legal Opinion by: Shorts & Denny, 
Callable: On any interest date, on 30 Seattle, Wash. 
days’ notice, in inverse order of ma- Offered by: Marine National Co. and 
turities at $102 up to Apr. 1, 1938: Ferris & Hardgrove, Seattle. Wash. 
thereafter at 101 March... 1928 
LONGVIEW, PORTLAND & NORTHERN RY. CO. 
GENERAL OFFICE: Longview, Wash. 
EXECUTIVE OFFICES: Kansas City, Mo. 
HISTORY: Incorporated under laws of Washington, Sept. 29. 1922. Controlled 
through stock ownership by Long-Bell Lumber Co. 
PROPERTY: Public carrier extending from Longview Junction to Ryderwood, 
Wash., 30.26 miles. Industrial track 7.98 miles; second track, 1.60 miles; yard 
track, 13.86; total, 53.70 miles. Equipment: Six locomotives, 16 box cars, 37 flat 
cars, 5 tank cars, 4 cabooses, 306 other freight cars, 2 combination passenger 
cars: 1 baggage car; 26 ballast cars; 1 derrick; 1 steam shovel; 4 other service 
ears. total 303. of which 50 freight cars are leased. Standard gauge rail 85 lbs.