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

THOMSON'S MANUAL GENERAL BALANCE SHEET, As of Dec. 31, 1929 ASSERTS LIABILITIES eed 8,851,343 Preferred Stock ........ccocecee......$ 1,593,200 271,521 Common Stock ...._. eee. 1,176,690 24,159 funded Debt .__....___............... 6,500,000 358 070 Purchase Contracts Payable.. 40,016 7510 Notes Payable ....coow sommes 122,500 ’ Accounts Payable ...... sews 158,718 10,150 Jonsumers’ Deposits o.oo... 100,000 212,954 Misc. Current Liab, ..... .. _.... 2,117 26,458 Paxes Accrued coves 26,321 "41,929 nterest Accrued ........... ‘ 181,366 18 023 Misc. Accrued Liab. ...... - 11,830 "663 Retirement Reserves ................ 661,086 969.89 Other Reserves ....oceeeeeeeemceeees 118,872 269.896 Profit & T.oss—Surplus............ 199.961 eeeen-$10,892,681 TOTAL LIABILITIES ..........$10.892,681 FUNDED DEBT, As of Dee. 31, 1929 First Mortgage Rate Dated Due Authorized Outstanding Gold Bonds ..oooococceeennanreee2 D2 % 1-22-29 1-1-34 $8,500,000 $6,500,000 Interest Payable: Jan. and July 1, plus 3% 9% for each year between re- by Trustee and Continental Illinois demption date and maturity, but with- Bank, Chicago. out premium subsequent to Jan. 1, Provisions: Additional bonds may 1933. pe issued for refunding or extensions Tax Status: Company pays 2% nor- at not exceeding 80% of cost, providing mal Federal income tax. net earnings for 12 months equal twice Security: First mortgage on all the annual interest charge on funded debt, fixed assets, subject to $40,000 incum- including proposed issue. brance on small portion of property. Trustee and Registrar: Minnesota Legal Opinion by: Cobb, Hoke, Ben- [.oan & Trust Co., Minneapolis, Minn. Mh Krause & Faegre, Minneapolis, Registerable: As to principal only. Offered by: Minnesota Co., Minne- Denominations: $1,000, $500. apolis, Minn.; Continental Illinois Co. Callable: As whole or in part on any Chicago, Ill.; First Wisconsin Co., Mil- interest date on 30 davs’ notice at par waukee, Jan., 1929. at 98 Fixed Capital .. Cash coon - weit Notes Receivable ___... ........... Accounts Receivable ................ Interest & Dividends Receiv.. Marketable Securities ............ Material and Supplies... . ___... Prepayments ...c..ccccemmcon cnn Advance to Affiliated Ce Inv. in Affiliated Co.s .......... Misc. Current Assets ............... Suspense .... eemememmeamamaamnae TOTAL ASSETS .. MONTANA-DAKOTA UTILITIES COMPANY GENERAL OFFICE: 831 Second Ave. South, Minneapolis. Minn. CONTROL: ..By Minnesota Northern Power Co. HISTORY: Incorporated under laws of Delaware, March 14, 1928. BUSINESS: Operates 12-inch gas line from fields near Baker, Mont, to Black Hills area of South Dakota, serving natural gas to Camp Crook, St. Onge, Belle Fourche, Spearfish, Deadwood, Lead, Central City, Sturgis, Whitewood and Rapid City, South Dakota. Building 12-inch line from Baker field to Bismarck, N. D., which will supply gas to Wibaux, Beach, Sentinel Butte, Carlyle, Galva, Belfield, Dickinson, Gladstone, Taylor, Richardson, Hebron, Glen Ullen, New Salem, Man- dan and Bismarck. In Black Hills area 3,500 customers were using gas at close of 1929, and project now under way expected to increase total to 10,000. MANAGEMENT: C. C. Yawkey, Wausau, Wisc., Pres.; Ben Alexander, Wausau, Wisc., Vice Pres.; Aytch P. Woodson, Wausau, Sec’v: R. M. Heskett. Minneapolis, Vice Pres, Treas. and Gen. Mgr. . DIRECTORS: C. C. Yawkey., Ben Alexander, Aytch P. Woodson, H. L. Geise, Jud Alexander, all of Wausau, Wisc.,, and R. M. Heskett, Minneapolis. Minn. Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Tues. in Feb. CAP" PTALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding 1. 69% Preferred Stock. cere i rccaeeee. $100 30,000 shs 8,039 shs 2. Common Stock ___. No Par 100.000 shs 79.013 shs DETAILS OF STOCK Callable: Preferred stock subject to 1 since stock first issued. No dividends ~all any dividend date at 105. reported on Common. Dividends: 69% Preferred dividends Transfer Agent: Minnesota Loan & paid auarterly. Jan.. Apr., July and Oct. Trust Co., Minneapolis. Minn. INCOME ACCOUNT. As of Dec. 31. 19290 Operating REVENUES iiioiiooceccammemmmemmmnnannc ee sanacmsaene = Dperating Expenses. including (teneral Taxes. ........__ eC eeanennaan-$608,606 207,923 ee eeeeeeeneninaenaennneena $400,683 eee $33,000 $ 35,400 Net Tneome Available for Depreciation and Federal TaXes....ooooeeeeeeeeenenn-$365.283

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