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

100 THOMSON'S MANUAL UTAH-IDAHO SUGAR COMPANY GENERAL OFFICE: Vermont Bldg. Salt Lake City, Utah. HISTORY: Incorporated under laws of Utah, 1907, as a consolidation of the Utah Sugar Co., Western Idaho Sugar Co. and the Idaho Sugar Co. In 1916 the Ore- gon-Utah Sugar Co. was acquired. BUSINESS: Company operates sugar mills and produces beet sugar. It ranks among the largest beet sugar producers of this country, its output comprising sver 10% of United States production. The business has been carried on since 1889. 3 PROPERTY: Company owns approximately 24,539 acres of farm lands, which with a small exception are under intensive cultivation. It owns and operates 8 sugar mills in Utah, Idaho, Washington, Montana, South Dakota and Alberta, Canada. SUBSIDIARIES: Owns all the capital stock of the Canadian Sugar Factories, Ltd., which was organized in 1925 to handle the Canadian business of the com- pany. EXECUTIVE OFFICERS: Heber J. Grant, Chairman of Board; W. H. Wattis, Pres.; C. W. Nibley, Vice Pres.; George Albert Smith, Vice Pres.; Willard T. Can- non, Vice Pres. and Gen. Mgr.; W. T. Pyper, Sec'y. and Asst. Treas.; W. Bert Robinson, Treas. and Asst. Sec'y. DIRECTORS: Heber J. Grant, C. W. Nibley, George Albert Smith, Fred E. Smith, EB. O. Howard, Joseph F. Nibley, Roy Bullen, Paul F. Keyser, Stephen H. Love, W. H. Wattis, Jasper W. Tully, G. G. Wright. EXECUTIVE COMMITTEE: C. W. Nibley, Heber J. Grant, W. H. Wattis, E. 0. Joward, Stephen H. Love. ZENERAL AUDITORS: Ernst & Ernst. Fiscal Year Ends: Feb. 28. CAPITALIZATION, As of Feb, 28, 1930 "Par Value Authorized 7% Cum. Preferred StocK.....ccee.. $10 $5,000,000 Common Stock .... een amnn ee amemnn $6 $15.000,000 i. 7% CUMULATIVE PREFERRED STOCK Provisions: Has preference as to as- and thereafter 134 quarterly to March sets and 7% cumulative dividends. 31, 1929. None thereafter to Feb. 1930. Callable: At 102 and accrued divi- T » A t: etary’'s office, jends to 1930, after which date $300,- gar ides Agen: , Beer ary's o )J00 Preferred a year must be retired , ; , at par. Registrar: Secretary's office, Salt Voting Power: Each Preferred share Lake City, Utah. s entitled to two votes per share. Listed om: New York Curb Ex- Dividends: 101%9 paid Apr. 30. 1923. change and Chicago Curb. 2, COMMON STOCK Dividends: 1907 to 1913, 7%; 1915, Transfer Agént: Secretary's office, 119%: 1916, 129%; 1917, 10%; 1918, 6%; Salt Lake City, Utah. 1919 to 1920, 9%; 1923, 19%; 1924, 5%; Registrar. Secretary's office, Salt 1925, 3%; 1926, 2%: none thereafter to Lake City, Utah. . Feb., 1930. (Mav. 1917 150% stock di- Listed on: New York Curb Exchange ridend.) and Chicago Curb. COMPARATIVE INCOME STATEMT™™™. Years Ending Feb. 28 1929 1928 age "AR © 834,783 wr 949,319 $-114,533 210,000 $ -324,533 Net Earnings .coo.c...... Depreciation o..cooiiiiiiees Net Deficit coos Preferred Dividends .............. Surplus Deficit for the year ...........- I) 153,468 COMPARATIVE CONSOLIDATED BALANCE SIIEET, As of Feb, 28 ASSETS— 1930 1929 1928 Plant & Equip. (Less Deprec.) ...............$19.454.253 19,952,985 $19,532,603 INVEStMENtS —ooooeiimeieeeceeeacannnnns oe . + rr g 103,129 Jontracts Receivable .occeeeeeceeceer 17 209 2 57,164 Mortgages Receivable ___.....__.._..._... . 4 : 82,229 Advances ooo... eee eee on "8 2,900 Misc. Assets ..ioceee.n I 04 717.846 Deferred Accounts ......... “1 Current Assets: VERY orrmcnpmmpsrmnmsmansn myn ma ifm nin nib mn SEARS ESR Notes and Accounts Receivable................ INVONLOTIEE cio ssnsmminpmeimsmmmmses amar memm x Materials and Supplies... iiiians Total Current Assets... ooo... $10.142.7¢ TOTAL ASSETS ooo. Co $30.712.020

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