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

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section VIII. Industrials

Collection:: Economics Books

170 THOMSON'S MANUAL PACIFIC COAST BISCUIT COMPANY GENERAL OFFICE: Exchange Building, Seattle, Wash. BRANCH OFFICES: Spokane, Tacoma, Portland, Los Angeles, San Francisco. CONTROL: By National Biscuit Co. HISTORY: Incorporated under laws of Delaware in 1912, a reorganization of a ompany of same name incorporated under laws of New Jersey in 1899. Com- pany's structure represents a consolidation of the following companies: Oregon Oracker Co., Portland Cracker Co., Washington Cracker Co. Seattle Cracker and Candy Co. Southern California Cracker Co., Capital Candy Co., Louis Saroni & Co., Sweet Candy Co. Queen City Candy Co., Los Angeles Candy Co. BUSINESS: Company manufactures and distributes, under its own registered brands, a diversified line of crackers, cookies and candies. Owns many well- known and advertised brands, best known of which is “Snow Flake” soda crack- ers. Through some 22,000 jobbers and dealers, company distributes its products throughout the western states, the Orient, Hawaiian and Philippine Islands. PROPERTY: Company, either directly or through subsidiaries, owns and oper- ates factories in Seattle, Spokane and Tacoma, Wash; Portland, Ore.; San Fran- cisco and Los Angeles, Calif. Plants are equipped with modern bakery and randy-making machinery. SUBSIDIARIES: Tacoma Biscuit & Candy Co., Tacoma, Wash. (100%); American Biscuit Co., San Francisco, Calif. (96%). SALE OF ASSETS: In June, 1930, National Biscuit Co. purchased all assets and goodwill of the Pacific Coast Biscuit Co. through exchange of 7 National Biscuit Aommon shares for 12 Pacific Coast Common shares and 7 National Biscuit Com- mon for 6 Pacific Coast Preferred. OFFICERS: Moritz Thomsen, Chairman; Chas. M. Thomsen, Pres.; L. P. Bau- man, Vice Pres.; A. J]. Bale, Vice Pres.; L. S. Winans, Sec'y.-Treas. DIRECTORS: Moritz Thomsen, Chas. M. Thomsen, L. P. Bauman, L. 8. Winans, Blake D. Mills, Wm. A. Broom, all of Seattle, Wash.; Chas. H. Hyde, Tacoma, Wash.; A. J. Bale, Los Angeles, Calif.; R. L. Dunn, San Francisco, Calif. GENERAL AUDITORS: Peat, Marwick, Mitchell & Co. Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Tues. in Sept. Vumber of Employees: 1,500. FUNDED DEBT, As of Dee. 31, 1929 Rate Dated Due Authorized Outstanding 15-Year Gold Bomds................... 69% 9-15-18 9-15-33 $1,000.000 $575,000 interest Payable: March and Sept. 15, at trustee’s office. Principal Payable: $25,000 on Sept. [bth each year. Trustee: National Bank of Com- merce, Seattle, Wash. Denomination: $1,000. Callable: At par. Sinking Fund: Company pays to trustee on Aug. 15 each year a mini- mum of $25,000 to be used to redeem bonds at par. Company has option of redeeming additional $25,000 by lot at par and $50,000 by bid. Security: First mortgage on all the plants of the Pacific Coast Biscuit Co. and its stockholdings in subsidiary rombpanies. THE PACIFIC COAST COMPANY GENERAL OFFICE: Smith Tower, Seattle, Wash. EASTERN OFFICE: 250 Park Ave.,, New York City. . HISTORY: Incorporated under laws of New Jersey, Nov. 29, 1897. Acquired all property of Oregon Improvement Co. (founded in 1880) after foreclosure sale. BUSINESS: A holding company, controlling, through operating subsidiaries, coal mines, railroads, steamships, wharves, cement works, real estate, timber lands, machine shops. Company's operations extend from Alaska to California, centering in Seattle. PROPERTY: Company owns the following: 21,500 acres of land in Oregon and Washington, and 5,000 acres under lease, much of which is underlaid with coal and carries valuable stands of timber. Real estate within the cities of Seattle, Tacoma, Everett and Wenatchee, Wash.: Portland, Ore.; Juneau, Alaska, and San Pedro. Calif. Wharves in Seattle, Tacoma, Portland and Juneau. SUBSIDIARIES: Pacific Coast Railroad Co.— (Formerly Columbia & Puget Sound Railroad Co.), extending from Seattle to Maple Valley, Wash. a distance of 22.43 miles. Prin- cipal business is carrying coal from company mines; also affords entrance into Jeattle for the Chicago. Milwaukee. St. Paul & Pacific Ry. Pacific Coast Coal Co—Operating coal mines and distributing coal at wholesale and retail. Owns approximately 11,000 acres of coal lands in King and Pierce Counties, Washington. Operates mines at New Castle, Black Diamond and other places. with annual outnut of from 500.000 to 750.000 tons

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