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 VIII. Industrials

Collection:: Economics Books

138 THOMSON'S MANUAL EARNINGS, Fiscal Years Ending March 30 Gross Income Expense Depreciation *7,5649,899 $5,999,296 $112,029 7,819,307 6,181,420 115,512 ,181,227 6,678,128 103,009 3,107,141 6,802,127 99,653 a 7,735,458 5,847,075 103.645 *»*TIVE BALANCE SHEET, As of March 31 930 ‘929 396,516 114,999 861,039 £4,984 278 211 168,178 Year 1926 eens 927. LOZ]... ..ocnnnnnminisinas 1930. eae ASSETS- co TABI wnvvensresmmssrssspins Accounts Receivable _..... [nventories .occccceeceen. Total Current Assets........ooooooreceeenaaad Unexp. Contr. less kist. Cost (contra)... Long-term Notes . onmmmmnmen nn SHE [nvestments .occeeecraeennt emeanememmnemaee Ry Plants and Equipment... 3,9. ,406 Deferred Assets ........ . eesman emma Ze”, 8 Leaseholds ... eeeeeeeeee 5,062,610 eeeeeeeraneeee- $16,419,043 ra ie a. oo, «0 ,017,532 “7.103.457 LIABILITIES— Current Liabilities .. enmnne Deferred Liabilities .....ccco..... 3tock Subscriptions oie Preferred Stock ........ emma = . Common Stock ...... Barned Surplus oes Deferred Surplus (contra)............. TOTAL LIABILITIES ....... Net Working Capital ieee Ratio, Cur. Assets to Cur. Liab. ............ Book Value Common sharesS.........cceeoeeeeeoe. Lee.80 After providing for retirement of Preferred at $110. 392,254 186,391 *95,600 “5,600 ETO AEE [a Net Profit $1,445,674 1,522,375 1,400,090 1,205,361 784,738 1928 § 243,039 1,002,031 302,572 3 1,647,643 5,359,417 71,974 57,448 3 889,020 264,362 5,944,786 $17,134,653 440,713 169,141 1,568,300 1,668,300 3,085,750 3,475,080 5,359.417 $17,134,653 1,106,930 3.5:1 $24.60 FULTON PETROLEUM CORPORATION GENERAL OFFICE: Seattle, Wash. HISTORY: Incorporated under laws of Delaware, July, 1929, succeeding Fulton Petroleum Corp. of Montana, organized in 1927. BUSINESS: Company owns and operates oil properties and also holds stock in subsidiary producing companies. PRODUCTION: During fiscal year ending June 30, 1930, company produced 115,- 796 bbls. of crude petroleum, which was sold at an average price of $1.88 per bbl PROPERTY: Company owns 940 acres in the Pondera Field, Pondera County, Montana, 8 miles southwest of Conrad and midway between Great Falls and Shelby. On Dec. 31, 1929, a total of 14 producing wells had been brought in, with aggregate average daily production of 400 barrels. Company has driven 8 offset wells and announces intention to sink 60 more wells in proven locations. SUBSIDIARIES: Carbon Dioxice & Chemieal Co. Control of this company was acquired in November, 1929. Property is known as the Farnham Dome, a tract of 4,800 acres, located’ 138 miles southeast of Salt Lake City, Utah, on the D. R. G. & W. Ry. While prospecting for oil on this property in 1921, non-combustible gas was discovered at a depth of 3,086 feet which was reported to be carbon dioxide, 98.3 pure. The well was plugged after failure to discover oil. It is now the program to develop production of carbon dioxide gas commer- cially for use as “dry ice” for refrigeration purposes. There is said to be a ready market for the product, 90% of the present supply being produced arti- ficially from coke. Pondera Pipe Line: Company owns % interest in this line, which carries crude pil from the Pondera field to rail connections at Conrad, Mont. GENERAL AUDITORS: Geo. V. Whittle & Co., Seattle. Fiseal Year Ends: April 30. Par Value Authorized Qutstanding $1 250.000 shs 250,000 shs Details: Capitalization of original company was $200,000, which was raised without promotion expense. In July, 1929, when the Montana company was jissolved and the present company ‘formed, the capitalization was placed at 250,000 no par shares, 200,000 of which were exchanged for the assets »f the Montana company. Dividends: During fiscal year end- ng April 30, 1930, company paid 10c yer share on stock outstanding. Price Range: *1930 1929 TIEN. weneevmmrinsssmssssipspeeniommmssmnet 14.00 15.40 TIOW eeeoeeeeeeeeeaenennannnnnenneee 6.TB 3.50 "Ta June 30.

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