Thomson's manual of Pacific Northwest finance

Bibliographic data

Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section VI. Public utilities

Collection:: Economics Books

PUBLIC UTIL'™ DIRECTORS: Charles Theis, Spokane, Wash.; E. A. Angley, Salt Lake City, Utah; R. H. Johnson, Boise, Idaho; W. C. Sharp, Chicago, 111.; W. H. Davis, St. Louis, Mo. Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Mon. in Feb. NOTE: Company is operated by its preferred stockholders. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized $100 $200,000 $100 $600,000 i. 6% CUMULATIVE PREFERRED STOCK Provisions: Has preference as to as- Common stock, one vote per share sets and 6% cumulative dividends. Pro- ggch. visions for retirement of this issue are 1d Bid : . -xplained under bonded debt. Dividends: 3% paid in 1928; 112% in Voting Power: Shares equally with 1929. COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 929 Tn 1928 $78,952 54,687 Earnings oocccccoiomiiiimacaes : Operating Expenses, Taxes, Depreciation, ete. ....ooieniiiee > 83 Net Earnings Total Income ._. Interest, ete. . “4,465 7.496 16.462 Net Income ..... Preferred Dividends 41 5,000 Preferred Shares Outstanding... cecicmcccrcirmsetsrrreresrensnes ons Times Preferred Dividend Earned.......ooooieeiciii. occcimcrctoccannenene Common Shares Outstanding...... . renee Earnings per Common Share 0 -.08 6,000 £1.30 2,v04 2.000 1.10 6,000 $0.84 COMPARATIVE BALANCE SHEET, Ax of Dec. 31 1929 153,078 24,945 1,094 3,001 C168 76 ASSETS Cost of Property.......... eemmremeeeemaemneeanaanannt Materials and Supplie- eeereeeereeeeeeecseesesnaseenns iaen CA Sl aoe ieee eee eee eee meee eee nen eman mmemremeeeeseneeseenamn em enememmeeen nan Notes and Accounts Receivable.....oiiiiiiiiniaaes Other Current Assets... RT RR EA STE RAE Deferred Debits ... 1928 151,731 22,684 #27 fr & TOTAL ........... LIABILITIES Common Stock .... FT Preferred Stock ....... ee eememoaemmememeeseeeseemseeneeneoneeneeceenen POhARA DEDY vnvmrmmmmmsron sommes ne LE RR ER RRs : Notes and Accounts Pavable. ...oiiiieicnaanns Interest Accrued ... emeemememeeeensemeeemnenns Dividends Declared ...... Ep, Other Current Liabilities....... eeeeeemenne——n———- Reserve for Depreciation... ........oooooiiiioiiiaiaaeaananes Other Reserve ...... eee eee eam meneame anne ann Profit and Loss... 29 £00,000 200,000 202,500 "1,394 2 521 £00,000 200,000 206,500 8,995 1,941 2,000 N95 40 ng2 5.476 231.194.129 5,000 310,688 £,054 7.303 TOTAL, oe 21.201.460 FUNDED DERBT, Ax of Dec. 31, 1929 First Mortgage Sinking Rate Dated Due Authorized Fund Gold Bonds.........................5% 1911 1941 $1.500,000 interest Payable: May 1 and Nov. 1, at Continental Illinois Bank and Trust Co., Chicago, and First National Bank, New York. Trustee: Continental Illinois Bank & Trust Co., Chicago. Registerable: As to principal (cou- non bonds). Denominations: $500 and $1,000. Callable: On any interest date at L03 and accrued interest. Sinking Fund: Annual payment of 1% % of amount outstanding to be re- tired by purchase in the market or called. Tax Status: Company pavs normal neome tax up to 29 Outstanding $302,500 Security: First mortgage on all property of company. Unissued Bonds: In amount of $200,- 100 reserved to retire like amount of referred stock, whenever net earn- ngs, for any three consecutive months, thall equal 7-16ths of annual interest bn outstanding and reserved bonds; nalance issuable only for 839% of cost f additions to capital property, pro- ‘ided net earnings for 12 consecutive nonths within 14 months immediately sreceding shall not be less than 13; .imes interest charges on all bonds out- standing and those proposed to be is- Med

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