418 THOMSON'S MANUAL OFFICERS: D. C. Jackling, Pres.; Charles Hayden, Vice Pres.; A. J. Ronaghan, Sec’y.; J. R. Dillon, Treas.; R. B. Hindle, Asst. Treas.; E. V, Daveler, Gen. Mgr.; H. D. Cooley, Jr.,, Cashier; Joseph M. Foley, Mine Supt. DIRECTORS: D. C. Jackling, Charles Hayden, A. J. Ronaghan, E. V. Daveler, J. R. Dillon. GENERAL AUDITORS: Loomis, Suffern & Fernald. CAPITALIZATION: : Par Value Authorized Outstanding Capital Stock .. ve eee eeeeee $10 $2,901,977 $2,901,977 ens asd $2.25; 1915, 3: Co., New York. y $34; 7, $6.65; none since. ap- S : . ital distribution, from depletion re- vo Lo istrar Guaranty Trask 06. New serve, 1922, 50c; 1923, $1; 1925 to 1929, incl.,, $2 each. Listed on: New York Stock Ex- Transfer Agent: Equitable Trust change. COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 1929 1928 1927 Operating Revenue .......cooecencnaneeee $2,115,632 $2,117 876 $2,670,697 Operating Costs .oceoeoeemieieeceeee eevee aeeene. 2,133,916 2,064 M63 2,360,803 © 309,894 556.759 Net Earnings ............. Other Income .... oeeeieeieeiaanen Total INCOME weorreeee = =. Depreciation oo. es TAKES coir eee eeeeate meme emamnemaa anne ann 027 Net Income ....... eee =DH,983 =3 COMPARATIVE BALANCE SHEET, A: of Dec. 31 ‘ecg 1928 701 21,243 L108 R,725 351 5,454 861 005 eeeenmeans 290% 873.959 nt BR” n= 652 .200 06.741 o "979 911 ASSETS— Shipments in Transito.....cocoooeee oot reeeenennes Materials and Supplies....... .. . Accounts Beceivable ..c.cossmrmmmssmmmssesmes Prepaid INSUTaNCe eee eeeccaeeaecaeanennan. Deferred Charges ......... Cash 1927 5 129,977 92,196 8,114 734 1 476.845 Total Current Assets... eeneea-$1,001,580 INVERUINEITE covmmrmmsimmimiie rs ssi isssss ares areas Ariss Sasiuyusys Mining Claims and Development.................. © °°," ¢ Plant and Equipment....... rcanmnnnnnnnnaneen 2, TSR RY Co ...%6.9783.. TREC rn $1,707,866 188.105 3,176.391 2.773.674 $7.846.036 "86,6 TOTAL ASSETS enn... ~ ce 7 LIABILITIES— Accounts Payable ... Payrolls Accrued ......... Reserve for Taxes AQ C7 n St. 44 R71 # 55,209 32,409 75 140 29 7.6 Total Current Liabilities.......... Depreciation ReServe oie, Insurance ReSerVe aon a Capital Stock ....... RT, Surplus ... eet eee eeemaenmmmnanan TOTAL LIABILITIES oer 56.97% $ 162,758 2,604,157 39,308 2,901,977 2.137,836 27. 846.036 $7.580.1°17 CALLAHAN ZINC-LEAD COMPANY GENERAL OFFICE: Wallace, Idaho. HISTORY: Incorporated under laws of Arizona, June 12, 1912, as Consolidated Interstate-Callahan Mining Co. Name changed to present in 1920. BUSINESS: Company operates lead and zinc mines in the Coeur d'Alene district of Tdaho, near Wallace. Interstate Property: Comprises 1030 acres in Nine Mile Canyon, 7 miles northeast of Wallace. From 1915 to 1923, property produced 298,379 tons of high grade zinc and lead concentrates and 43,908 tons of crude lead and zinc ore. On account of low price of zine, property has not been operated since 1923. Property is being kept in condition for resumption of operations when market conditions permit. Galena Mine: 99 lode claims, approximately 1620 acres, lying immediately west of city limits of Wallace, Idaho. Mining of this property started in 1926 and continued until Oct., 1928, when, on account of low grade of ore, operations were discontinped. Development work has continued, however, and the manage- ment’s report of 1929 indicates promising disclosures in the south vein.