THOMSON'S MANUAL 
2. COMMON STOCK 
Voting Power: Sole vote except in Registrar: First National Bank of 
jefault of Preferred dividends or sink- the City of New York, Minnesota Loan 
ing fund payment. & Trust Co., Minneapolis, Minn. 
Dividends: Payable quarterly, Feb. Public Offering by: National City 
l, ete. Initial payment of 75¢ Nov. 1, Co., June, 1928, at 65. 
1928, regularly thereafter to May, 1930. Listed on New York Stock Exchange. 
Transfer Agent: National City Bank Price Range: 1929 1928 
of New York, First Minneapolis Trust High ..... 8914 8614 
Zo., Minneapolis, Minn. Low _._.. ~ 50 643% 
. INCOME STATEMENT. Year Ending May 31, 1929 
Gross Revenue -.. ...-$123,521,014 
Operating Expense .. 117,160,098 
6,360,916 
120,294 
6,481,210 
578,084 
594,375 
1.153,065 
4,154,786 
7,164 
1,065,927 
1.058,059 
2.023,654 
Surplus for the year.......oecemiieceeeeeeee ee . 
CONSOLIDATED BALANCE SHEET, As of May 31, 1929 
ASSETS LIABILITIES 
Notes Payable—Banks ............$ 
Accounts Payable 
Javings Accts. of Employees 
Acerned Tames .....cccmemwermeose 
Accrued Pref. Dividends.......... 
Total Current Liabilities....$ 8,998,113 
pec. & Contingent Reserves 2,647,729 
referred Stock ..... eeeemeeeee 22,025,200 
lommon Stock ............ eee 6,944,005 
Japital Surplus ............. 6,016,954 
Larned Suronlus ....... 2.023 654 
CaSh coerce es eeeeeanreneeee$ 3,990,443 
Drafts and Acceptances............ 1,617,401 
Notes and Accts. Receivable.... 5,776,187 
Advances on Grain Purch. etc 428,382 
Inventories ......... reeeeeeeee 23,246,241 
Total Current Assets............$35,058,654 
Prepaid EXpenses o.oocccccccceee... 714,014 
Miscell. Assets ..fiiiamaaanaaee 592,532 
Land, Bldgs., Equip. eeceeeunnee.. 22,290,454 
F0o0dwill, Trademarks, W 
arpower Rights, Etc..... 
TOTAL ASSETS .coeeennon....358.655.655 
TOTAL LIABILITIES .......$58,655,655 
Jet Working Capital................ 26,060.541 
Ratio, Cur. Assets to Cur. Liab. ...3.9:1 
Book Value Common Stoeck............$34.94 
GENERAL OFFICE: 503 Pine St. Portland, Ore. 
HISTORY: Incorporated under laws of Oregon, 1920 to combine under one op- 
rating head several laundries in Portland, Ore. . 
BUSINESS: Company and its associates handle large volume of laundry busi- 
ress in Portland, Ore. 
PROPERTY: Company owns and operates the Troy Laundry, Crystal Laundry, 
Yale-Union Laundry, Allyn’s Cleaning and Dyeing Establishment, Troy Garage, 
isasshad of Union Laundry. Owns one-half capital stock of the National Laun- 
iry Co. 
OFFICERS: Percy G. Allen. Pres. & Gen. Mgr.: J. A. Clancy, Sec'v: F. T. Rich- 
ards. Director. 
CAPITALIZATION, As of Dec. 31, 1929 i 
Par Value Authorized Outstanding 
I. 7% Cum. Preferred StocK...ccoeooeeaee.. $100 400,000 $202,000 
2. Common StocK ..cccceeeeeeceeencceceeeeeenoo... NO Par 20,000 shs 12,000 shs 
839% of the Common stock is held by men directly connected with the business. 
COMPARATIVE INCOME STATEMENT, Years Ending Dee. 31 
929 1928 1927 
-97,200 1,304, ~ $1,291,344 
rac RQ 1.128 ¢ 1,134,622 
156,822 
14 982 
HOME SERVICE COMPANY 
Net Earnings . 
Other Income ....... 
Total Income ... 
TeAeral TAXES cu iomosaminsmssmtomion bm 
nterest, Amortization, ete. .........._._.. 
Net Income 
+7 804 
.1,174 
90'385 
a 
92 269 
RO 
££ f£9.765