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

NOUSTRIAL Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Wed. in March. EARNINGS: Annual report, as of Dec. 31, 1929, reported that on operation of not over 40% capacity for 10 months, beginning Mar. 1, 1929, company covered its bond interest charges 13; times. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized No Par 20,000 shs .No Par 100,000 shs i. 07 CUMUY./T" VE PREFERRED STOCK Provisions: Preferred as to | per assets to $100 per share in liquidation. annum cumulative dividends and us to Callable: At $115 on 30 days’ notice. TANCE SHEET, As of Dee. 31, 1929 LIABILITIES Accounts Payable .................¢ Deferred Liabilities .................. Due Parent Company... Funded Debt ....... Tapital & Surplus... TOTAL LIABILITIES ............$4,110,431 FUNDED DEBT, As of Dec. 31, 1929 First Mortgage Sinking Fund Rate Dated Due Authorized Outstanding Gold Bonds, Series A... 6% 12-1-27 12-1-42 $2,000,000 $1,992,000 Interest Payable: June and Dec. 1, in New York and Chicago. Trustee: Chemical National Bank, New York. Denominations: $1,000, $500. Cou- pon Bonds. Callable: On 45 days’ notice, on any interest date, at 105 before Dec. 1, 1932, premium decreasing 1%9% each vear thereafter to Dec. 1, 1940, and at 101 thereafter. Additional Bonds: $1,000,000 addi- tional may be issued, to not to exceed 50% of cost of additions or improve- ments, and only when net earnings for 12 of 15 preceding months shall have been 3 times interest charges on bonds nutstanding, plus those to be issued. Sinking Fund: Beginning Aug. 15, 1929, 5¢ per bbl. of cement produced and sold, up to 500,000 bbls. per an- num, and fc¢ per bbl. on all in excess Outstanding 7,500 shs 100.000 shs 75,906 28,361 80,000 1 992,000 ,934,164 Security: Direct first mortgage on *ntire property now owned or here- ifter acquired. Principal and interest unconditionally guaranteed bv the Pa- cifie Coast Co. Legal Opinion by: Wise, Whitney & Parker for bankers; Simpson, Thatcher & Bartlett for the company . Offered by: Geo. H. Burr, Conrad & Broom, Seattle, and Taylor, Ewart & Co... Nov... 1928 at 9814. PACIFIC COAST LINEN MILLS GENERAL OFFICE: Vancouver, Wash. BRANCH OFFICES: 1103 Buyers Bldg. Portland, Ore. HISTORY: Incorporated under laws of Washington, August, 1926. Assets ot Oregon-Washington Linen Mills, Vancouver, Wash. were purchased. BUSINESS: Company expects to manufacture linen from the raw stages. Flax for manufacture is grown on contract. PROPERTY: Owns 2% acres in industrial section of Vancouver. Wash., on which are located company's two new plants with dimensions of 60x200 feet and 656x160 feet, equipped with machinery. Company is reported to have one-fifth of all linen spindles operating in the U. S. OFFICERS: E. G. Robinson, Pres. Portland, Ore.; J. Sidney Starling, Vice Pres.; Tohn Wilkinson, Sec'y.; Flecher Linn, Treas.; A. T. Allen, Asst. Sec'y & Treas. TRUSTEES: Robert Simpson, Clifton, N. J.: J. P, Rasmussen, Portland, Ore.; Jas. G. Walker, Jr., Portland, Ore.; Geo. H. Crandall, Astoria, Ore.; P. M. Eilwell, Vancouver, Wash.; Lewis Shattuck, Vancouver, Wash. Capt. C. T. Belcher, Port- land, Ore.; C. E. McCall, Vancouver, Wash.: Harry G. Claassen, Vancouver. Wash. Also the foregoing officers. GENERAL COUNSEL: John Wilkinson, Vancouver, Wash. Fisenl Year Ends: Dec. 31. Annual Meeting: 3rd Wed. in Feh

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