7 [om FREI CARNATION COMPANY GENERAL OFFICES: Stuart Bldg. Seattle, Wash. and Oconomowoc, Wisc. SALES OFFICES: Portland, Ore.; San Francisco and Los Angeles, Calif.: Den- ver, Colo.; Chicago, Ill.; Omaha, Neb.; St. Louis and Kansas City, Mo.; Minne- apolis, Minn.; New Orleans, La.; Detroit, Mich.; Indianapolis, Ind.; Jacksonville, Fla.; Atlanta, Ga.; Toronto, Canada. HISTORY: Incorporated under laws of Delaware, July 1, 1920. The company had its corporate inception as the Pacific Coast Condensed Milk Co., incorpor- ated in Washington, December 21, 1900, and reincorporated under laws of Maine, Oct. 1, 1910. Name changed to Carnation Milk Products Co., Feb. 2, 1916. The business was founded in 1899 by E. A. Stuart, with the operation of a small milk condensary at Kent, Wash. In 1929, through exchange of stock, the company acquired assets and busi- ness of the Albers Bros. Milling Co. on the basis of 21 shares of Carnation Com- mon for each share of Albers Preferred, and 2 shares Carnation Common for each share of Albers Common. BUSINESS: A holding and operating company, manufacturing and selling evap- orated and condensed milk, malted milk, powdered milk, other milk products, fluid milk, ice cream and cereals. OFFICERS: E. A. Stuart, Pres.; E. H. Stuart, Vice Pres. . Treas.; Paul R. Mec- Kee, Vice Pres. & Sec’'y.; P. G. Kinzer, Vice Pres.; .. 1’. Douglas, Vice Pres.: W. N. MacBriar, Asst. Vice Pres.; F. B. Peterson and R. W. Zinkie, Asst. Treas; K. I. Ghormley, Asst. Sec’y. DIRECTORS: E. A. Stuart, E. H. Stuart, J. F. Douglas, Paul R. McKee, P. G Kinzer, R. H. Fullerton, Walter Kasten, George Albers and F. B. Peterson. GENERAL AUDITORS: Price, Waterhouse & Co. Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Sat. in Feb. Number of Employees: 5,000. PRINCIPAL CARNATION PRODUCTS: Carnation Evaporated Milk, Carnation Malted Milk, Carnation Ice Cream, Carnation Grade “A” Pasteurized Milk, Car- nation Butter, Carnation Table Cream, Carnation Whipping Cream, Carnation Cottage Cheese, Carnation Cream Cheese, Carnation Pickle Cheese, Carnation Pimento Cheese, Carnation Certified Milk, Carnation Powdered Milk, Evaporated Milk, Sweetened Condensed Milk. PRINCIPAL ALBERS PRODUCTS: Carnation Wheat Flakes, Peacock Buck- wheat Flour, Pearls of Wheat, Alberts Oats, Carnation Oats, Albers Minit Oats, Carnation Quick Oats, Albers Flapjack Flour, Albers Cornmeal, Fluff Cake Flour, Barnes Toasted Wheat, Instant Tapioca, Pearl Barley, Split Peas, Hominy Grits, Farina, Carnation Pancake Flour, Albers Steel Cut Oats. Also a complete line of poultry feeds, dairy feeds and con~~- -ates, such as sov bean meal. cocoa meal, molasses and hemp seed. PROPERTY: 40 Condensaries are located in Washington, Oregon, California, Colorado, Minnesota, Iowa, Missouri, Texas, Mississippi, Tennessee, Kentucky. Lllinois, Wisconsin, Michigan, New York, Pennsylvania and in Ontario, Canada. Twenty-five fresh milk or ice cream plants are located in Washington, Ore- gon, California, Oklahoma, Texas, Missouri and Iowa. Two can factories are located at Oconomowoc, Wisc, and Maysville, Ky., while two can plants are in Europe, one in France and one in Germany. Company through affiliated companies owns and operates four plants in Europe, two in Holland, one in Germany and one in France. General laboratories are maintained at Oconomowoc. Wis.; Corry, Penn. and Mount Vernon, Wash. Three cereal mills. located in Oregon. Washington and California. UNITS COMPOSING THE CARNATION COMPANY NAME PRODUCTS OPERATING Carnation Co. ot Evaporated milk un- ware der brand name “Carna- Throughout U. S. A. tion..” Evaporated milk un- Throughout Canada der brand name “Carna- tion..” Evaporated milk un- der brand name “Gold Cross” and sweetened condensed milk under brand names “Sweet Clover” and “Red Cross.” Evaporated milk un- der brand names ‘“Co- lumbine” and “Red Cross.” Evaporated milk un- der brand name “North- field.” Registered Holstein cattle and certified bot- tled milk