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

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section IX. Mines

Collection:: Economics Books

41 THOMSON'S MANUAL FUNDED DEBT, As of Dec. 31, 1929 First Mortgage Rate Dated Due Authorized Outstanding 10-Year Gold Bonds.................... 7% 3-15-29 3-15-39 $3,500,000 $893,400 Interest Payable: M&S 15 at Trus- Tax Status: Company pays normal tee’s office. income tax up to 2%. Trustee: American Trust Co. San Francisco. Denominations: Coupon $500 and $1,000. Callable: At 110 on any interest date. Security: First mortgage on all prop- erty in Alaska now owned or hereafter acquired. No dividends may be de- clared out of surplus profits or assets distributed to stockholders while bonds are outstanding ANACONDA COPPER MINING COMPANY GENERAL OFFICE: Anaconda, Montana. EXECUTIVE OFFICES: 25 Broadway, New York. HISTORY: Incorporated under laws of Montana, June 18, 1895, succeeding the Montana Mining Co. Since its organization, company has either purchased assets of, or consolidated numerous mining and metal producing companies. BUSINESS: Compay is the world’s largest producer of copper and also produces lead, silver, gold, zinc and other miscellaneous non-ferrous metals. Company operates mining properties and smelter at Anaconda, Montana. Through subsi- diaries, company manufactures brass, wire cable and other non-ferrous metal products. SUBSIDIARIES: Company's more important subsidiaries are: International Smelting Ceo.: Originally organized under laws of Montana in May, 1914, to take over assets of International Smelting & Refining Co., located in TTtah and Arizona. American Brass Co.: Incorporated under laws of Conn. in 1899. Control acquired by Anaconda in 1922. Chile Copper Co.: A Delaware corporation organized in 1913. Through sub- sidiaries, controls properties at Chuquicamata, Chile, including mines, mills and copper ore deposits. Control acquired by Anaconda in 1923. Andes Copper Mining Co.: Incorporated in Delaware in 1916. Owns 290,377 acres in Atacama, Chile, containing large deposits of copper ore. Control ac- quired by Anaconda in 1916. Anaconda Wire & Cable Co.:t Incorporated in Delaware in 1929 to acquire wire and rod mill at Great Falls, Mont., mill at Kenosha, Wisc.,, and other assets. Company also owns the Butte, Anaconda & Pacific Railway. OFFICERS: John D. Ryan, Chairman of Board; Cornelius ¥. Kelley, President; Benjamin B. Thayer, Vice-Pres.; James R. Hobbins, Vice-Pres.; Robert E. Dwyer, Vice-Pres.; Albert H. Melin, Secy. & Treas.; James Dickson, Gen. Auditor; Ken- neth B. Frazer, Asst. Secy.; David B. Hennessy, Asst. Treas. DIRECTORS: Percy A. Rockefeller, Benjamin B. Thayer, Charles E. Mitchell, Jong D. Ryan, Cornelius F. Kelley, Charles T. Fisher, Andrew J. Miller, John . Coe. GENERAL AUDITORS: Payson, Peloubet & Company. Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Wednesday in May. CAPITALIZATION, As of Dec. 31, 1929 Par Value Authorized Outstanding Capital Steck o.oo. col ccceeeeeee. $50 $600,000,000 $441,403,150 851,878 shares reserved for conver- 3 of convertible debentures due in Details: In Feb. 1923, capital stock was increased from $150,00,000 to $300,000,000; on March 4, 1929, from $300,000,000 to $600,000,000. Par was changed from $25 to $50, July 22, 1915. On April 30, 1929, stockholders were offered right to subscribe, on or before June 18, for 2 shares of stock for each 5 held, at $55 per share. Purpose of this offer was to provide funds to re- tire outstanding funded debt. Voting Power: Each shareholder en- titled to number of votes equal to num- ber of shares held, multiplied by num- ber of directors to be elected, which may be cast for candidates at stock- holders’ discretion. Dividends: Pavable quarterly Feb. 20th, etc. 1900 and 1901, 13% each; 1902-1904 incl., 4% each; 1905, 111%; 1906, 19% %; 1907, 26%; 1908 to 1911 incl, 8% each; 1912-1913, 12% each; 1914, 10%; 1915, 69%; 1916, 14%; 1917 and 1918, 16% each; 1919, 7%; May, 1919, to Nov., 1920, 2% quarterly; 1921 and 1922, none; 1923, $2.25 per share; 1924, 75c:; 1925, $3; 1926 and 1927, $3 each; 1928, $3.50; 1929, $6.75. Ex-Dividend: 1st of preceding month, Transfer Agent: City Bank Farmers Trust Co., N.Y. Registrar: Bankers Trust Co., N.Y. Listed on: New York and Boston stock exchanges. Price Range: 1929—High, 174%; Low, 100; 1928—High, 120%; Low, 533%; 1927 —High, 60%; Low, 411; 1926 — High, S4%; Low, 41%; 1925-—~—High, 531; Low, ‘4 a

Access restriction

Copyright

fullscreen: Thomson's manual of Pacific Northwest finance

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation