INDUSTRIALS
COMPARATIVE INCOME STATEMENT, Years Ending June “°°
) ..
Gross Revenue ......
Operating Expense .....
Net Earnings
fe
.
Other Income ........
Total Income .......cccoceeeennnne
Interest, Amortization, Etc.......
Net Income ......cccoeeeeee.
Common Dividends ..................
Surplus for the Year................. ie
Earned, per share common stock......._.......___. . Sie
COMPARATIVE BALANCE SHEET, As of June 39
ASSETS— "29 razg
Accounts Receivable ............. 3,FRE 7.664
Notes Receivable .............. "594
711 + “R5
Sinking Fund .............. 4
Merchandise Inventorir-
49
Current Assets .....
Deferred Charges ...... renames
TnexXpired INSURANCE imei miopssiveossenesser
Stocks (Local Corporation) i.
Site and Buildings. ..eeomcimiicecierreneceeneeee
Machinery and Equipment... iii cane
Furniture and Fixtures..........ccocooomiiiiaeann. Goan
Automobile Trucks eeieatseeeeeseeeesesesnseseneeeencnsnsenann
....T62,440
948
.. 4,953
.. 30,225
£9,932
"1.660
4,981
13,805
26
+3
“cd
70
TOTAL ASSETS ....... .
LIABILITIES-
Accounts Payable . eeannean
Accrued Interest .......o.cooiiiiiiiiiiiiiiiieee a
Pav Roll and Dividend Acrnrnf oo.
ae
Current Liabilities _._..
Subscribed Stock
Bonded Debt eee eee
Depreciation and Tax Reserve............cc.......
Capital Stock I.
Surovlus
~
of
9 06k
1927
"217,307
"57,204
€0.103
1
5
9
00
9
3
1927
$16,299
5,655
652
5,668
16,651
525
4,600
487
5,679
1,150
4,976
3,866
12,101
02,584
2,461
729
461
31,651
2,100
5,000
1,802
0,000
»1,031
TTTTIMPTIES ieee evemeeee a. $446,944
FUNDED DBT, As of June 30, 1929
First Mortgage and Re anding “ate Dated Due Authorized Outstanding
Serial Gold Bonds........... T% 6-1-23 1924-38 $150,000 $95,000
Interest Payable: Semi - annually, year thereafter.
1924 to 1933, then $13,000 annually tc Sinking Fund: Provision is made to
June and Dec. 1st. repay bonded debt through a Sinking
Principal Payable: $10,000 annually Fund which is invested in callable loans
1924 to 1933, then $13,000 annually tc and also carried in savings accounts.
1938. Security: First mortgage on plants
Trustee: Guaranty Trust Company and equipment.
Takima, Wash. Legal Opinion by: D. V. Morthland,
Denominations: $100 and $500. Yakima, Wash.
Callable: In blocks of $10,000 or more Offered by: Guaranty Trust Co,
nn June 1st. 1928. or June 1st of anv Yakima. Wash.
TULL & GIBBS, INC.
GENERAL OFFICE: First and Wall St.,, Spokane, Wash.
HISTORY: Organized in 1891 and incorporated in 1899
BUSINESS: Retail house furnishings.
SUBSIDIARY Tull & Gibbs Finance Corp. organized to finance installment fur-
niture business.
OFFICERS: F. D. Gibbs, Pres.; Charles Hebberd, Sec'v.-Treas & Gen. Mgr.: G.
S Hehberd. Asst. Gen. M-~r,
TILL £ «
Authorized .............
Amount Retired ........
NDutstanding June 1, 1930....... ___. _
Dated: April 1, 1924. Due: Ser:
as below.
Security: Conditional Sales Contracts
pledged with trustee
‘eo 7% SERIAL GOLD NOTES
0 Maturities: 325,000, Oct. 1, 1930 and
it Apr. 1, 1931; $30,000, Oct. 1, 1931, and
Apr. 1, 1932; $35,000, Oct. 1, 1932, and
Apr. 1, 1933: 340.000. Oct. 1, 1933. and
Apr. 1, 1934.
Interest Payable: Apr. and Oct.
hv trustee
