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

178 THOMSON'S MANUAL RICHFIELD OIL COMPANY GENERAL OFFICE: Bartlett Bldg. Los Angeles, Calif. HISTORY: Incorporated under laws of Delaware, Aug. 2, 1926. ° BUSINESS: Producing, refining and retailing gas, oil and petroleum products. PROPERTY: Owns 100% Class A Common stock (voting) of Pan-American West- ern Petroleum Co., which owns 1009 (except directors’ qualifying shares) of the capital stock of Pan-American Petroleum Co. Company owns in fee or under leases 82,071 acres of oil lands, one-half of which is proven and semi-proven territory, situated in Los Angeles basin and in the Ventura, Kings, Tulare, Santa Barbara, Kern and Orange County fields of California. The company owns over 500 miles of pipe lines, 120 tank cars (209 tank cars under lease), 1,203 automo- biles, trucks and trailers, 8 harbor terminals and marine equipment. Company also owns refineries at Hynes, Calif., and Watson, Calif.,, having a capacity of 27,500 barrels per day. Eleven natural gasoline plants having a capacity of 168,- 000 gallons and a storage system having a capacity of 21.000.000 barrels are owned by the company. OFFICERS: J. A, Talbot, Chairman; C. M. Fuller, Pres.; R. W. McKee, Vice Pres.; Bradford M. Melvin, Vice Pres. & Sec'y.; J. S. Wallace, Vice Pres.; C. B. Farretson, Vice Pres.; J. C. Graves, Vice Pres.; A. M. Kelley, Vice Pres.; W. E. Hart, Treas. DIRECTORS: J. A. Talbot, C. M. Fuller, Joe Toplitzky, S. M. Haskins, Carey S. Hill, R. I. Rogers, Geo. Newberger, Fred W. Flint, Jr.,, W. E. Dunlap, J. W. Henderson, Nion R. Tucker, Garretson Dulin, Thomas W. Streeter. GENERAL AUDITORS: Peat, Marwick, Mitchell & Co. Fiscal Year Ends: Dee. 31. Annual Meeting: 3rd Thurs. in March. Number of Employees: About 5,000. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding 1. 7% Cum. Preferred StocK......ecoeeee.... 325 400,000 shs 399,900 shs 2. Common Stock ..... . %25 5,000,000 shs 1.947.241 shs i. PREFERRED 7% Provisions: Has preference as to as- sets and dividends. In liquidation en- titled to $26.25 per share and dividends. Without consent of 24 of Preferred out- standing, company may not issue stock having preference or priority with this .ssue. Callable: At $26.25 on any dividend date on 60 days’ notice. Voting Power: Entitled to one vote per share on default of dividends for two years. Dividends: Initial dividend of 139% paid Feb. 1, 1927; regular dividends paid quarterly since. (Feb. May, Aug. and Nov. 1) TUMULATIVE STOCK Transfer Agents: Bank of America, ,08 Angeles; Anglo California Trust Jo., San Francisco: Chase Nat. Bank, Vew York. Registrars: Security-First Nationa. Sank, Los Angeles; Wells Fargo Bank & Union Trust Co. San Francisco; Juaranty Trust Co., New York. Listed on: Seattle Stock Exchange, Vew York Curb, Los Angeles and San francisco Stock Exchanges. Price Rap-—- 1029 1928 1927 Jigh .. LoS 311, 27 TOW eeieceimenneeaenmnnnnana 19 231; 2115 2, COMMON STOCK Details: Issued in exchange for jend after May 1, 1928, at 50c¢ per share United Oil Co. stock on the basis of payable quarterly Feb. 15, etc. 3 shares for 1 of United Oil Co. Transfer Agents & Registrars: Same Voting Power: Sole voting power as Preferred. with restrictions, see No. 1. Listed om: New York Stock Ex- Dividends: Initial dividend of 25c change, Los Angeles Stock Exchange per share and 15c¢ extra paid Feb. 1, and San Francisco Stock Exchange. 1927; May 1, 1927, 25¢, and quarterly Price Range: 1929 1928 1927 1926 thereafter to May 1, 1928, incl.; stock High .. ..49% 56 283, 251 tividend of 19, paid May 1, 1928. Divi- LOW... 11 231% 14 21% COMPARATIVE INCOME STATEMENT, Years Ending Dee. 31 1929 19: 1927 1926 ...$83,430,834 $52,021,390 *8,611,891 $32,070,568 65.844,295% 29.258 “99 1 130.07F 27.738.267 332,601 1992 9/9 Operating Profit ____._.......$17,57€¢" Other Income ........_ eran 20 Total Income interest ................. Depreciation ........ Federal Taxes ....... = Fr €,560 ©1044 190,780 289.444 7.644.392 952.271 , 1.692.121 TINhNANG 3) Net Profit ........... Preferred Dividends ................ “ommon Dividends ................ ~- } - AL Cdye wo )y 791 O00 Surplus ae. .3 4,009° 35 Carned, per share Common 24.04 4.343, £2 0 «> UY

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