Thomson's manual of Pacific Northwest finance

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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

58 THOMSON'S MANUAL CAPITALIZATION, As of March 25, 1930 Par Value Authorized Outstanding t. Pref. Stock, 7% Div. Series........... $100 $9,000,000 *$8,500,000 Not Yet Classified Into Series........... $1,000,000 J ), Common Stock ....... eet veereeememnnee NO Par *%1,000,000 shs 772,554 shs ¢Including $685,400 par value issued or issuable under existing agreements. *%84 813 shares reserved for exercise of Warrants which entitle the purchase 5f Common stock of $30 per share on or before December 31, 1933. 1. PREFERRED STOCK, 7% DIVIDEND SERIES Transfer Agent: Chase National Bank, New York. Registrar: Commercial Nat. Bank & Trust Co., New York; National Shaw- mut Bank, Boston, Mass. Legal Opinion by: Chadbourne, Hunt, FJaeckel & Brown, New York. Public Offering by: Merrill, Lynch & Co. E. A. Pierce & Co., April, 1929, at 110 with warrants, and Feb. 27, 1930, at 103. Listed on: New York Produce Ex- change. Price Range ¥1930 1929 High .... . oo... 104 120 LOW coememecaaeees eeenmnae 90 90 *To June 30. Provisions: Preferred as to divi- jends, and as to assets in case of liqui- dation, either voluntary or involun- tary, at $110 per share and accrued jividends. Also entitled to cumulative dividends at the rate of 7%. The Pre- ferred stock is not entitled to any pre- emptive rights to subscribe for addi- tional issues of stock of any class. Dividends: Payable quarterly, Jan, Apr., July and Oct. 1. Initial quarter- ly dividend of $1.75 declared paid July , 1929, and $1.75 quarterly since, in- »luding April 1, 1930. Ex-Dividend Dates: Mar. June, Sept. and Dec. 20. 2 COMMON STOCK Provisions: Common stock is sub- ject to the preferences of the Preferred stock as set forth in the certificate of incorporation as amended. Among ‘hese provisions are the following: No additional shares of Common stock shall be issued for cash without first being offered for subscription pro rata to the Common stockholders ex- cept (1) shares issued upon the exer- rise of Common Stock Purchase War- rants which evidence the right to pur- chase Common stock at $30 per share sn or before Dec. 31, 1933; (2) shares issued to employees of company and/ or its subsidiaries; (3) shares consti- tuting part of the first 800,000 shares issued (exclusive of shares issued upon exercise of Warrants). Common stock- holders have no preemptive right to subscribe for additional shares of Pre- farred stock with or without Warrants. Dividends: Initial quarterly dividend of 25 cents a share (placing the stock on a $1 annual basis), paid May 1 to stock of record April 20, 1930. Transfer Agent: Chase Nat. Bank, New York. Registrars: Commercial National Bank & Trust Co., New York; National Shawmut Bank, Boston, Mass. Legal Opinion by: Chadbourne, Hunt, faeckel & Brown, New York, for the sankers, and Joseph, Haney & Little- field, Portland, Ore.. for the corpora- sion. Public Offering by: Merrill, Lynch & Co., New York, April, 1929, 50,000 shares at $35 per share. * isted on: New York Curb. Lice . mngc *1930 1929 igh reer 24 3 431% Low eevee] 8 20% «Tn | *. INCOME STATEMENT, Year Ending Lec, 31, 1929 Wel Bolel iucamummmmmmmmsen sevens Cost of Sales and (General Expense.......... eeeenn...$83,972,105 Ce reereeeneee %1,209.716 i 2,762,389 127189 Net Earnings ... Other Income .._.. Total Income . ...... $2,775,578 Depreciation ieee meme eemn amas EE ean 379,646 FOAETA] TAXES eoooeooeeeeeeeeeeeeeeoeemseeaaszmsemmeaseetmmommmsss eeemetsssestemosoioocmssrseesssesesssiisesstesiasas 222.408 Net Income ..ooooomimiiiiieeeeeeneees + 2,173,524 Preferred Dividends _......fioiiiiioiiiaen. 222.943 SUTPIUS TOT the JOA. neice osereccemmemsereemsenrne srr sasee renee anes snes, 850,581 Earned, per share Preferred STOCK... oom nea $27.81 Tarned. per share COMMON STOCK. iiiiveeecaceccocomrammmrmmemassaassanmnsnasomasasasaessnnans 2.11 EARNING SUMMARY Stores at End of Year Net Sales 8 $46,557,510 1,057 58,007,056 1,274 75,918,747 1.394 R7.237.976 Earn. per Share Vet Earnings Com. Stock $1,085,980 $ .70 1,493,648 1.23 2,047,860 1.95 92179 523 2.11

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