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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Document type:: Monograph

Structure type:: Chapter

Title:: Section VI. Public utilities

Collection:: Economics Books

PUBLIC UTILITIE. BUSINESS: Furnishes electric light and power directly at retail without com- petition in the cities of Longview and Morton, Wash, and territory adjacent thereto, and manufactured gas in Tacoma, Everett, Olympia, Aberdeen, Hoquiam, Centralia and Chehalis in Washington. Water is supplied at retail in Long- view. Total population served is estimated to exceed 250,000. Company's elec- tric power requirements at Longview are purchased under long-term contracts with the Long-Bell Lumber Co. The company generates its own power at Mor- ton. Total number of electric customers, 3,443, and for 12 months ended Dec. 31, 1929, 9,185,893 k.w. hours of electric energy was sold. The total number of water customers is 2,407, and for 12 months ended Dec. 31, 1929, 36,053,500 cubic feet of water was sold. The total number of gas customers is 17,407, and for 12 months ended Dec. 31, 1929, 578,933,100 cubic feet of gas was sold. PROPERTY: The gas department comprises manufacturing plants located at Tacoma, Everett, Aberdeen and Chehalis. The aggregate daily capacity of the manufacturing plant is 6,495,000 cubic feet, with storage capacity of 2,495,000 cubic feet. Transmission and distribution systems aggregate 421 miles of mains. Water department comprises water pumping and distribution system in Longview, Wash., and adjacent territory. OFFICERS: Phillips B. Shaw, Pres.; Leo Loeb, Vice Pres. & Treas.;: L. E. Yeager, Vice-Pres.; C. Y. Bowers, Vice-Pres. and Gen. Mgr.; F. D. Reid, Secy. & Treas.; Mary L. Lause, Asst. Secy. & Asst. Treas.; P. G. Anderson, Asst. Secy.;: H. G. Lam- bert, Asst. Secy. DIRECTORS: Phillips, B. Shaw and Leo Loeb, 57 William St., New York City: A. C. Aliyn, 100 West Monroe St.,, Chicago, Ill.; Chas. W. Yant and L. E. Yeager, 30 Broad St, New York City; C. Y. Bowers, Tacoma, Wash.; John S. Shedden, 2 Rector St., New York City. GENERAL AUDITORS: Arthur Young & Co., New York. Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tuesday in January. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding 7% Cum. Preferred Stock.......cccccc..... $100 25,000 shs 9,407 shs Common Stock wseese-e-..NO Par 100.000 shs 60,000 shs 1. 3 ie. 7% CUMULATIVE Provisions: Fully paid and non-as- sessable. Has preference over the com- mon stock both as to assets and divi- dens. Additional preferred stock may be issued under certain restrictive pro- visions. Callable: On any dividend date at 3110, on 30 days’ notice. Voting Power: Has voting power only on default of four quarterly divi- dends. Dividends: Regular dividends paid COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31,1929 PREFERRED STOCK quarterly Jan. Apr., July, Oct. 1, from date of issue to present date. Ex-Dividend Date: 15th of preceding month. Transfer Agent: Equitable Trust Co., New oYrk, a Registrar: Chemical Bank & Trust o. Publie Offering by: A. C. Allyn & Co., New York, and Howard L. McCand- less & Co., May, 1927, and Feb. 1928, 2t 98 and 100, respectively. —— Gross ReVeNUe o.oo. Dperating Expense and Depreciation........ Balance COMPARATIVE BALANCE SHEFF" Dec. & 1926 PF 21€73,420 995 2,534 "211 103 AE ASSE% Property ... Investments REARS CAS iit eet eee eee Accts. and Notes Receivablel ian... Stock Subscriptions Receivable iii Inventories ........o..ccooeeee... DIR rr hme nn mmm am AACR Unamortized Debt Discoune...... .. Prepaid and Deferred CharZes. ....o.oooomnoomooe TOTAL, ASSETS LIABILITIES- Preferred Stock ..... ee eeeeeeeeeameeemamemeamaee ome eo emma an ne namnnn Preferred Stock Unissued.......... .. oooooooeoeeiie ol Common Stock .. + mmteseasmasnmr ean. —n——_————————— Funded Debt ..___.. eemroaeateesmasereeeeeaseemmemmeoeomenn Due Affiliated Co- Snag min emma ——— Accts. and Notes =» eeeeeeeeroc tev aneeneae—nn eons Accrued Liabiliti€. o.oo Customers Deposits «ooo Reserves ..... en eraceetar Crmaeceeememmeseesesmsasancmoomann Surplus .... ee eee emeeeeeeeeeeeameeeeeeeseeeeee meee emo eee TOTAL LIABILITIES _ r 10.860 440,700 29,000 175,000 1,365,000 74,485 542,758 139,168 73,340 ,062,704 1.138.603 N.]AK0D 758 Tan. 31, 1028 0 "9K 407 10.000 ME) 82.500 ‘92'195 72.031 67.336 ,046.501 3.036.570 210 202 DR

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