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

INDUSTRIAL 0G $60,000; 1938, $66,000; 1939, $72,000; 1940, assets in ratio of 150% of current lia- £78,000; 1941, $84,000; 1942, $90,000; bilities, and total net assets of not less 1943, $112,000. than 200% of all liabilities, including Tax Status: Company pays normal -hese debentures. Guaranteed as to in- 20, Federal income tax, and refunds terest and principal by Arden Sanitary Calif. 4 mills. Gold Seal Farms. Security: Direct obligation of com- Offered by: Merchants National Co, pany, but not secured by a mortgage. Banks, Huntley & Co. and California Company must maintain net current Co., Los Angeles, Nov., 1928, at 99. 4, CALIFORNIA CO-OPERATIVE CREAMERY CO. FIRST MORTGAGE 6% SINKING FUND GOLD BONDS Interest Payable: Apr. and Oct. 1, at Tax Status: Company pays normal trustee's office. 29% Federal income tax and Calif. 4 Trustee: Bank of America of Cali- mills personal property tax. ‘ornia, Los Angeles. Registerable: As to principal. Denominations: Coupon, $1,000, $500. Callable: At any interest date, on 35 days’ notice, at 102% and interest. Sinking Fund: Payable Jan. 1, for vear ending Oct. 1 of same year; 1929- 31, $12,000; 1932-33, $18,000; 1934-43, $24.000: 1944-47, $42.000: 1948. $60,000. Necurity: First mortgage on all the lands, buildings and fixed equipment now owned or hereafter acquired. Fuaranteed as to interest and principal by Arden Sanitary Gold Seal Farms, [nc. Offered by: California Co., Merchants National Co., and Banks, Huntley & Jo., L.os Angeles, Dec., 1928, at 100. ° WESTERN FUEL CORPORATION OF CANADA GENERAL OFFICE: Belmont House, Victoria, B. C. CONTROL: By The Canadian Collieries (Dunsmuir), Limited. HISTORY: Incorporated under laws of British Columbia, 1923, as successor to a corporation of the same name incorporated in 1921. BUSINESS: Mining and selling coal for steam and domestic purposes. PROPERTY: The properties of the company consist of 43,483 acres of timber and coal-bearing land at Nanaimo on Vancouver Island. Corporation owns in fee 150,000,000 board feet of timber, mostly fir, and its own water system, con- sisting of four reservoirs with a capacity of over 90,000,000 gallons and 10 miles of pipe line. The equipment consists of bunkering facilities and coal-loading machinery of a capacity of 5,000 tons per day, storage bunkers and railroad car capacity of approximately 12,000 tons and open storage for small sizes of coal of about 50,000 tons. The corporation also owns its own railway, and equip- ment consisting of five standard gauge locomotives, 156 gondola cars, 13 large flat cars, 1 box car, 1 wrecking car (each of 20 tons capacity), 254 five-ton coal cars, 22 five-ton flat cars, 5 five-ton ash cars, § five-ton rock cars, 17 eight-ton rock cars, 2 passenger coaches, 1 ambulance, and 21 tank cars. Tons of coal sold: 1927, 452,955; 1926, 455,820; 1925, 452,700. OFFICERS: F. Perry, Pres.; C. W. Villiers, Vice Pres. GENERAL AUDITORS: Price, Waterhouse & Co., Ltd. FUNDED DEBT, As of Dec. 31, 1929 First Mortgage Sinking Rate Dated Due Authorized Outstanding Fund Gold Bonds .__. ee 7% 11-15-28 11-15-40 $2.000.000 $1,798,000 interest Payable: Semi-annually, May 15 and Nov. 15, at Anglo-Califor- nia Trust Co., San Francisco. Trustee: Montreal Trust Co. Registrar: Anglo-California “o0., San Francisco. Denominations: $1,000 and $500 (cou- pon bonds). Callable: As a whole at 102% up to and including Nov. 15, 1933; thereafter callable price reduced % 9% per annum up to and including Nov. 15, 1936; thereafter callable orior to maturitv at 100%. Sinking Fund: 25 cents per ton of all coal mined and sold and $2.00 per thousand feet of all timber cut and sold after July 1, 1928, to purchase bonds in the market un to the call orice or to redeem bonds, if not obtainable in the market below the current redemp- tion price. Estimated that sinking fund will retire 709% of bonds by ma- turity. Tax Status: Company pays normal Federal income tax up to 2%. Security: First closed mortgage on all property now owned or hereafter acquired. Legnl Opinion by: Messrs. McKins- try, Haber & Firebaugh of San Fran- cisco. and Harold B. Robertson. Van- couver. Purpose: Issued to refund first mortgage 8% bonds due 1931. Offered by: Anglo London, Paris Co. and Schwabacher & Co.. San Francisco. Nov. 1928 at 100

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