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 UTILITIES F TACOMA RAILWAY & POWER CO. GENERAL OFFICE: Tacoma, Wash. CONTROL: By Puget Sound Electric Ry., which is controlled by Puget Sound Power & Light Co. HISTORY: Incorporated under laws of New Jersey, Feb. 7, 1899, as a consolida- tion of City Park Ry. Co., Tacoma Ry. & Motor Co. and Tacoma Traction Co. BUSINESS: Does entire electric railway business of Tacoma, except for the oper- ation of the municipal “Tide Flats” car line, which was taken over by the city of Tacoma on Jan. 1, 1919, and which had been operated by the company under con- tract prior to this date. SUBSIDIARY: Tacoma Bus Co. ! OFFICERS: J. A. Barbee, Pres.; Frank D. Oakley, Vice Pres.; Wm. E. Wilmot, Treas.; Clinton S. Reynolds, Sec’'y; W. L. Crawford, Asst. Sec’'y; Richard T. Sulli- van, Gen. Mgr. DIRECTORS: J. A. Barbee, Boston, Mass.; Carlyle Barton, Baltimore, Md.; Wil- lard T. Carleton, Boston, Mass.; W. Rodman Peabody, Boston, Mass.; Howard R. Taylor, Baltimore, Md. Fiscal Year Ends: Dec. 31. Annual Meeting: February. CAPITALIZATION: Par Value Authorized Outstanding Common Stock _.......... ... cco roe. $100 $600,000 $600,000 All owned by Puget Sound Electric Ry. and pledged by this company under its first cons. 5s, due Feb. 3, 932. INCOME TATEMENT, Year Ending Dec. 31, 1929 Operating Revenue .. Dperating Expense .. Net Operating REVENUE... oem eeemaee Taxes eer $1,268,369 1.082.839 = 9 os Operating Income ..._. . .. Other Income .. GTOSS INCOMC oe eee eee eee eee eee eee eee eee eeee ema e me mmmann Interest and Miscellaneous Exvense_............... Deficit J 48 a2 FUNDED DEBT, As of Dec. 31, 1929 Rate Dated Due Authorized Outstanding First Mortgage Bonds............ 5% 4-1-99 4-1-29 $1,500,000 $1,500,000 P. S. Elec. Ry. Bonds.......u...... 5% 1-1-23 4-1-29 $4,044,000 $4,044,000 NOTE: Both bond issues matured April 1. 1929, and are in default since that date. PROTECTIVE COMMITTEE: J. A. Barbee, Chairman: W. Rodman Peabody, Charles F. Adams, Roger Amory, Howard R. Taylor, Carlyle Barton. Old Colony Trust Co., Boston. Depositary. Safe Deposit & Trust Co.. Baltimore, Sub-De- positaryv COMPARATIVE CONSOLIDATED RALANCE SHEET, As of Dec. 3. ASSET: s- 29 "R91 36 “0 vq DASNY summers, Notes Receivable Accounts Receivable ... Materials and Supplies... Total Current Asse: Roads, Plants & Equipmel Stocks of Affiliated Companiés.....cooooeeeeeeeoeeeooe Advances to Affiliated Comvanies.......o.cooooooeeeeooooee oo... Other Investments ...... SRE Prepaid Insurance, ete. .... eens Other Assets _.......... 0s, 1X MANS. 1 | +500 107 = OC 2,825 10,214 TOTAL ASSETS oo. 8h 420.080 LIABILITIES — Accounts and Wages Pavable.............. oo... Accrued Interest, etc. .. Taxes Accrued .... Unadjusted Credits ...... NER rsa annnnns naa Other Liabilities ..._....... enema aemm emanate anas Due P. S. Electric RY. ooo ee Funded Debt ..___.. BEER hn TESA EASA SAR rn Capital Stoek _........___. er eee een e eee eannn Surplus . 65,467 68,750 67,918 70,260 1,097 265,000 ,.544,000 600,000 ~262.240 TOTAL LIABILITIES eee Deficit ER 490 ORD Li bo 4 £ vr "2 ~0 ,. 18 £43 20 J0 ~0 n 2 0

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