426 
OPERATING COMMITTEE: D. C. Jackling, Chairman; Stephen Birch, 8. R. Gug- 
genheim, Murry Guggenheim, E. T. Stannard. 
GENERAL AUDITORS: Loomis, Suffern and Fernald. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Tuesday in May. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
eeeeeeeaveee. NO par 12.000.000 shs 9.385.849 shs 
THOMSON'S MANUAL 
Capital Stock ... 
Diiggnas: 1220-500 Je share— Reno Transfer Agent: D., A. Crockett. 
ti 9 when ¢ paid and quarterly ee v _—— , 
thereafier to Jan. 1, 1926. when $1 per Registrar: Bankers Trust Co., N.Y. 
share paid 1926; $4, 1927; $5, 1928; $5.25, Price Range: 
1929; $5.50 (including $2 paid on old 1929 1928 1927 1926 1925 1924 
stock prior to two-for-one split) Jan. High ...... 165% 156 903 641 59 513, 
and April, 1930, $1.25. Low ...... 150% 801% 60 493, 4615 341; 
CONSOLIDATED INCOME ACCOUNT, As of Dec. 31 
1929 
Operating Revenue ......ioncmimreeeenneceneeeeeeeoo-§ 116,128,839 
Operating EXDeNSe iirc . 61,338.849 
Net Revenue ...ocoooocoiiiimmninann. - 
Other INCOME .ooiiieiiimiiieaaaaaans 
1928 
$91,863,890 
40,126,394 
$51,737,496 
4,756,151 
ep 
Depreciation ...cceememeeeeee. 
TaAXCS ooeeeeeeeeeronemn 
06,493,647 
3,200,026 
6.365.599 
Minority Interest in subs... 
Net Income Before Depletion........ reeeeneeeee- $02,066,508 
COMPARATIVE CONSOLIDATED BALANCE SHEET 
ASSETS— 1929 
OF: 7-] + J. rermren mmm nmenssamannssnnsssssmei ERs 3. 3 1,497,604 
U. S. BONAS cooieiimemiemeeeea ce ceeaan ace cacamansossersr ann. . imemmemnnzens 5,228,603 
Accounts Recelvable ...ucciismimeivmsiremsinssssrcanmesvnssmnmen 7,021,084 
Metals ON HANA.oooouaaoiaaee  coeeeeeoeeeeeeaaeesseesnnnnnensesmnenaeaeeneneeees 20,093,742 
OTe ON HAN eee eee eee amet mmm emcee nme mn eens 962,902 
Materials and Supplies... eee, 7,608,569 
Investments ocean eeeeomeemeeeeaneeemnee 26,731,937 
Marketable Securities ....o.ccii eammmeens smn aH 1,207,854 
Mine Development coocooooeeooeeeeeoeeeemeeeeseeecereesemeesremereneeene. 13,786,173 
Prepaid Insurance ...... ee mre mah EERE SEER RE Rp EE 336,284 
Deferred Accounts ......... nner Rn sn mm SEREE 850,491 
Properties and Equipment .........cccoovimeececcecs cceceeeee.. 205.482.622 
TOTAL ASSETS ........... eeennrneennn$3337,807,865 
’ 
146,228,022 
576.489 
345 651.533 
1928 
$ 32,082,140 
10,938,603 
3,652,809 
19,510,205 
354,024 
6,062,938 
22,483,696 
1,036,717 
14,494,870 
216,433 
478,522 
187.450.71& 
$298 761,675 
LIABILITIES— 
Accounts Payable ...iieeeceomeeeeeeeceeeee teen een enone e 8 
Refining, Bie. cei ores Papp Ls — 
Reserves .. eememeeceveenmeeneeanane ERR 
Distribution ......... ee 
Funded Debt .............. ee eeemm emmmmmmeenemamccecsassemcaomemnes 
Subsidiary Interest _....... ron wmnmnii SEES 
Stated Capital ................ = roman ern ERs] 
CAPITA] SBUPDIUS  cevrrrnnnnssriennrn iii ish REESE sewn Ea ws wn iis sammie 
Earned SUTDIUS coooeeeemaceeeceiee scene amcecna anemone saan emmnna nn 
TOTAL LIABILITIES aaa 
3,785,500 
1,680,869 
2,525,724 
"30,927 
©2,000 
© R01 
ar 
Rg 
2,115,024 
2,284,353 
7,282,364 
9,102,628 
2,249,130 
25,000,000 
128,339,432 
122,388,744 
131.939.4% 
e297. 807 
$298 761.675 
MONTANA COAL & IRON COMPANY 
GENERAL OFFICE: Billings, Montana. 
HISTORY: Incorporated under laws of Montana in 1889. 
CHARACTER OF BUSINESS: Owns and operates bituminous coal mines at 
Washoe, Montana. 
OFFICERS: T. M. Kearney, Pres.; J. M. Freeman, Vice-Pres. and Gen. Mgr.; 
T. W. Stockett, Secy.; W. H. Miner, Treas. 
DIRECTORS: T. M. Kearney, Racine, Wis.; W. H. Miner, Menasha, Wis.; G. M. 
Hays, Billings, Mont.; W. M. Johnston, Billings, Mont.; H. J. Coleman, Billings, 
Mont.; O. F. Goddard, Billings, Mont.; E. J. Berwind, New York; K. B. Schley. 
New York; J. M. Freeman, Washoe, Mont. 
GENERAL AUDITORS: Pogson, Peloubet & Co. 
Fiseal Year Ends: Dec. 31. Annual Meeting: 4th Thursday in May.