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

THOMSON’S MANUAL MALMO & COMPANY GENERAL OFFICE: 6620 Ellis Ave, Seattle, Wash. HISTORY: Incorporated under laws of Washington in 1925, succeeding to a business established by Charles Malmo in 1893. BUSINESS: Production and distribution of commercial and ornamental nursery stock, seeds, commercial fertilizers and garden implements. Company distributes evergreen shrubbery throughout the United States. PROPERTY: Company owns triangular shaped block bounded by Westlake and 6th avenues and Virginia street in uptown Seattle, improved with a two-story suilding, used as a retail store by the company. Twenty-eight acres on Ellis Ave, Seattle (adjoining Boeing Field airport on the north), set to nursery stock. Tracts A and B, corner Ellis Ave. and Marginal Way. Seventy-eight acres at O'Brien, in King County, Wash. 8 miles south of Seattle, set to nursery stock. Company owns the Norway Hotel, a brick building at 716 Dearborn St., Seattle. DFFICERS & DIRECTORS: Charles Malmo, Pres.; Clarence O. Malmo, Vice Pres. & Treas.: Prescott C. Malmo, Sec’y.; R. L. Guttebo, Vice Pres.; C.-L. Harrison, Director; H. A. Sampson, Director. Fiscal Year Ends: June 30. Annual Meeting: 1st week in Jan. Number of Employees: 50 to 100. CAPITALIZATION, As of June 30, 1930 Par Value Authorized Qutstanding l. 7% Cum. Preferred Stock................. $100 10,000 shs 6,133 shs 2. Common Stock ocean ceeee-e....NO Par 30,000 shs 26,413 shs In 1929, capital was increased from 2,500 shares Preferred stock, $100 par value, to 10,000 shares, $100 par value, and from 2,500 shares Common stock, no sar value, to 30,000 shares, no par value. Common stockholders were given 10 new shares for each old share. 1. 7% CUMULATIVE PREFERRED STOCK Provisions: Preferred as to 7% cumu- Dividends: 7% per annum, paid quar- ative dividends and as to assets in terly, Jan., Apr., July and Oct. 1, since svent of liquidation. stock was issued. Callable: After Jan. 1, 1930, at 105 Transfer Agent & Registrar: The per share. company. Sinking Fund: After July 1, 1930, Public Offering by: The company, in 259% of all net profits shall be set units, 1 share Preferred and 1 share aside for retirement of Preferred Common, at $100 per unit. stock. Number of Stockholders: 300. 2. COMMON STOCK Voting Power: Sole voting power. Funded Debt: None. Bonds due. Dividends: 23e per share paid Apr. 1024-1930 were retired in 1925. and July 1. 1920 INCOME STATEMENT. Year Ending June 30. 1929 BALOE .eripmpes BORE OF BRIEE ooo eeeeeerercreerrenmmm abs HERS SSO ER SES La srs wm Iperating Expense, Depreciation and Taxes ..ccoovmriimnecnene. eee $3215,581 ereeeeeen D0,308 ees eee T7517 TOA] TTMCOIIIE noose ceeceeeeeommmaameec memes enc nmsenmmmsen oan imemmeemesmsmmescncanss errand 93,243 nterest, Discount and Federal TaX ....cccomreomommimrmare ss somtncaancss enansesoes 15.839 ee 17,404 _____..% R8.513 Net Earnings ..... Other Income ...... Net Profit .......... DIvIiAends .cowioccmomsis ssisssei SUrplus for the VeaT. ooo ieeoeemiiammresinnaerens comemaonacaanens BALANCE SHEET. As of June 20. 1929 AQQRERTS LIABILITIES ASN eee eeeeeeeeeeaereeneenneeeeeene-$ 30,830 Accts. & Notes Receivable... "£975 Stock Purchase Contracts ........ 4,560 Inventorv RAK and Notes Payable eeccceececccaeceeeen$ 37,000 Votes & Acceptances Payable ... 6,216 i1ccounts Payable .oceeeeireccceeees 22,630 Dividends Payable ..ocoianeeee 5,021 Local Imp. Assessment... 1,451 Taxes Payable oomoriiaaaaiee 1,611 Due Company Officers................ 6,873 Tenants’ lease Deposits... .ccce.eet 1.250 Total Current Assci. rene Real Estate o.oo J Buildings & Equipment. —— Other Property iis Prepaid Interest ....... coi. Prepaid Insurance ...........c.ccccoceeeee TOTATL., ASSETS .... .eea.. .™792.571 346,069 70,617 £227 33,919 264 a5 Total Current Liabilities......s £2,952 Japital Stock ........ eemaaeaeneee 023,027 SUTrPIUS cereeccamececaneceere nome easconmenenn 165.092 TOTAT. T.TARILITIES $872.57]

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