PUBLIC UTILITIE. 
BUSINESS: Furnishes electric light and power directly at retail without com- 
petition in the cities of Longview and Morton, Wash, and territory adjacent 
thereto, and manufactured gas in Tacoma, Everett, Olympia, Aberdeen, Hoquiam, 
Centralia and Chehalis in Washington. Water is supplied at retail in Long- 
view. Total population served is estimated to exceed 250,000. Company's elec- 
tric power requirements at Longview are purchased under long-term contracts 
with the Long-Bell Lumber Co. The company generates its own power at Mor- 
ton. Total number of electric customers, 3,443, and for 12 months ended Dec. 31, 
1929, 9,185,893 k.w. hours of electric energy was sold. 
The total number of water customers is 2,407, and for 12 months ended Dec. 
31, 1929, 36,053,500 cubic feet of water was sold. 
The total number of gas customers is 17,407, and for 12 months ended Dec. 
31, 1929, 578,933,100 cubic feet of gas was sold. 
PROPERTY: The gas department comprises manufacturing plants located at 
Tacoma, Everett, Aberdeen and Chehalis. The aggregate daily capacity of the 
manufacturing plant is 6,495,000 cubic feet, with storage capacity of 2,495,000 
cubic feet. Transmission and distribution systems aggregate 421 miles of mains. 
Water department comprises water pumping and distribution system in 
Longview, Wash., and adjacent territory. 
OFFICERS: Phillips B. Shaw, Pres.; Leo Loeb, Vice Pres. & Treas.;: L. E. Yeager, 
Vice-Pres.; C. Y. Bowers, Vice-Pres. and Gen. Mgr.; F. D. Reid, Secy. & Treas.; 
Mary L. Lause, Asst. Secy. & Asst. Treas.; P. G. Anderson, Asst. Secy.;: H. G. Lam- 
bert, Asst. Secy. 
DIRECTORS: Phillips, B. Shaw and Leo Loeb, 57 William St., New York City: 
A. C. Aliyn, 100 West Monroe St.,, Chicago, Ill.; Chas. W. Yant and L. E. Yeager, 
30 Broad St, New York City; C. Y. Bowers, Tacoma, Wash.; John S. Shedden, 
2 Rector St., New York City. 
GENERAL AUDITORS: Arthur Young & Co., New York. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tuesday in January. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
7% Cum. Preferred Stock.......cccccc..... $100 25,000 shs 9,407 shs 
Common Stock wseese-e-..NO Par 100.000 shs 60,000 shs 
1. 
3 
ie. 7% CUMULATIVE 
Provisions: Fully paid and non-as- 
sessable. Has preference over the com- 
mon stock both as to assets and divi- 
dens. Additional preferred stock may 
be issued under certain restrictive pro- 
visions. 
Callable: On any dividend date at 
3110, on 30 days’ notice. 
Voting Power: Has voting power 
only on default of four quarterly divi- 
dends. 
Dividends: Regular dividends paid 
COMPARATIVE INCOME STATEMENT, Years Ending 
Dec. 31,1929 
PREFERRED STOCK 
quarterly Jan. Apr., July, Oct. 1, from 
date of issue to present date. 
Ex-Dividend Date: 15th of preceding 
month. 
Transfer Agent: Equitable Trust Co., 
New oYrk, 
a Registrar: Chemical Bank & Trust 
o. 
Publie Offering by: A. C. Allyn & 
Co., New York, and Howard L. McCand- 
less & Co., May, 1927, and Feb. 1928, 
2t 98 and 100, respectively. 
—— 
Gross ReVeNUe o.oo. 
Dperating Expense and Depreciation........ 
Balance 
COMPARATIVE BALANCE SHEFF" 
Dec. & 1926 
PF 21€73,420 
995 
2,534 
"211 
103 
AE 
ASSE% 
Property ... 
Investments REARS 
CAS iit eet eee eee 
Accts. and Notes Receivablel ian... 
Stock Subscriptions Receivable iii 
Inventories ........o..ccooeeee... DIR rr hme nn mmm am AACR 
Unamortized Debt Discoune...... .. 
Prepaid and Deferred CharZes. ....o.oooomnoomooe 
TOTAL, ASSETS 
LIABILITIES- 
Preferred Stock ..... ee eeeeeeeeeameeemamemeamaee ome eo emma an ne namnnn 
Preferred Stock Unissued..........  ..  oooooooeoeeiie ol 
Common Stock .. + mmteseasmasnmr ean. —n——_————————— 
Funded Debt ..___.. eemroaeateesmasereeeeeaseemmemmeoeomenn 
Due Affiliated Co- Snag min emma ——— 
Accts. and Notes =» eeeeeeeeroc tev aneeneae—nn eons 
Accrued Liabiliti€. o.oo 
Customers Deposits «ooo 
Reserves ..... en eraceetar Crmaeceeememmeseesesmsasancmoomann 
Surplus .... ee eee emeeeeeeeeeeeameeeeeeeseeeeee meee emo eee 
TOTAL LIABILITIES _ r 
10.860 
440,700 
29,000 
175,000 
1,365,000 
74,485 
542,758 
139,168 
73,340 
,062,704 
1.138.603 
N.]AK0D 758 
Tan. 31, 1028 
0 "9K 407 
10.000 
ME) 
82.500 
‘92'195 
72.031 
67.336 
,046.501 
3.036.570 
210 202 DR