THOMSON'S MANUAL 
2. COMMON STOCK 
Provisions: Fully paid and non-as- Registrar: Bank of California, N. A, 
sessable. Holders have no pre-emptive Seattle and San Francisco. 
*ights to purchase additional shares. Legal Opinion by: Livingston B. 
Voting Power: Sole vote except as Stedman, Seattle, and Chickering & 
stated in preferred. Gregory, San Francisco. 
Dividends: No dividends paid to June Public Offering by: Blyth & Co., Feb- 
1930. ruary, 1929. 
Transfer Agent: Office of the Com- Listed on: Seattle Stock Exchange. 
sany, Seattle; American Trust Co., San Price Range: 1929—High, 233; Low, 
Francisco. . 20. 
INCOME STATEMENT, 11 Months Ending Dec. 31, 1929 
Gross Operating Profit. — 
Miscellaneous Income ................ hs 
Gross Profit ............. 
Seneral Expense ............... 
Net INCOME oeeeeeeeennnen. 
[Interest and Income Tax....... 
$231,626 
43,761 
$275,386 
66,974 
$208,412 
83,474 
Net Profit coves: $124,937 
Preferred Dividends ........ 150,525 
SUTPIUS FOr the Year. ooo eeaeeemeeanneennnneeenannaeaneeeeenene = $25,588 
—Deficit. 
BALANCE SHEET. As of Dec. 31, 1929 
ASSETS LIABILITIES 
Notes Payable .ocoeeveeemmcnnne..... $2,125,775 
Acels. Payable assesses 95,701 
Faxes Accrued ..ooocooeeeeeamnnn.. 66,025 
nterest Accrued .._............. 24,265 
ncome Tax Reserve.............. 15.500 
DAN cm rssisssmssrissts smo d 6,802 
Accts. Receivable ....... ............. 825,973 
‘nventories ...... cemeeeeeee 3,185,972 
Total Current Assets..............$4,018,747 
investments .ooceeeceiiieiiieneeneea.d 11,916 
Property and Equipment............ 4,383,589 
Organization Expenses ........... 28,140 
Deferred Charges .....cccoceceeeeeeee- 39,405 
TOTAL ASSETS cc... %8.481.797 
Total Current Liabilities......$2,327,266 
Purchase Money Obligations...$§ £4,500 
Capital Stock meeeieeeeeeeeenenn. 4,912,500 
Surplus & Undiv. Profits............ 1,159,531 
TOTAL LIABILITIES ............$8,481,797 
ALASKA PACKERS ASSOCIATION 
GENERAL OFFICE: 85 Second St. San Francisco, Calif. 
HISTORY: Incorporated under laws of California, Feb. 9, 1893, for the purpose 
>f canning and distributing salmon. The company is controlled by the California 
Packing Corporation, through ownership of over 79% of the capital stock. 
BUSINESS: Engaged in the salmon packing industry, company owns 14 can- 
neries, 13 of which are located in Alaska, and in addition maintains and operates 
its own fleet of fishing and freight vessels. 
PROPERTY: Thirteen canneries and hatchery are owned in Alaska; one on 
Puget Sound, Wash. Several stations are maintained where fish are salted. 
Company owns 10 sailing ships, 5 steam ships, 63 cannery tenders, and much 
miscellaneous equipment. Also owns 90 acres of Alameda, Calif, waterfront 
property with improvements. and 2.187 acres farm land at West Sacramento, 
alif. 
OFFICERS: R. J. Bently, Chm. of Bd.; Will Timson, Pres.; A. K. Tichenor, Vice 
Pres.; C. A. Iverson, Vice Pres.; B. R. Hart, Vice Pres.; W. D. Motts, Sec'y-Treas. 
DIRECTORS: H. F. Fortman, Wm. Timson, B. D. Adanson, R. J. Bently, F. B. 
Anderson, A. K. Tichner, R. L. Pratt, I. A. Woolams, A. M. Lester. L. EE. Wood. 
J. K. Armsby, B. R. Hart, W. D. Motts. 
FENERAL AUDITORS: Price, Waterhouse & Co. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Tues. in Jan. 
CAPITALIZATION: Par Value Authorized Outstanding 
Capital Stock _.... $100 $7,500,000 5,750,800 
share: 1919, $25; 1920, $20, all in Lib- 
arty bonds. 
Ex-Dividend Date: Last day of Jan, 
Apr., July, Oct. 
Registrar: Wells, Fargo Bank and 
"MTnion Trust Co., San Francisco. 
Listed on: San Francisco Stock Ex- 
zhange. 
Price Range: 
1929 1928 1927 1926 1925 1924 
High .... 200 170 185 185 185 180 
l,ow _.__ 168 160 160 160 175 150 
Ownership: California Packing Cor- 
poration owns 45,471 shares of the 57,- 
»08 shares outstanding. 
Dividends: 1894 to 1901, incl, 75c 
per share paid monthly; 1902 to Oect., 
19 Oct.,, 1904, incl.,, $1 monthly; Nov. 
1904, to Sept. 1905, 75¢ monthly; Feb. 
1910 to Nov, 1916, $6 per annum; Feb. 
1917 to date, $8 per annum paid quar- 
erly, Feb., May, Aug., Nov. 10. 
Extra Dividends: $2 per share paid 
Feb. of each year, 1917 to date, except 
1926. Special dividends. 1918. $20 per