Full text: Thomson's manual of Pacific Northwest finance

PUBLIC UTILITIES 
209 
WASHINGTON MOTOR COACH COMPANY, Inc. 
GENERAL OFFICE: 300 Central Terminal, Seattle, Wash. 
EXECUTIVE OFFICE: Henry Bldg. Seattle. 
HISTORY: Incorporated under laws of Washington, April 1, 1924, as the Yakima 
Northern Stages. In 1928, Wolverton Auto Bus Co. and Puget Sound Motor Coach 
Co. were acquired. 
BUSINESS: Company operates passenger motor busses over 12 routes in State 
of Washington, as follows: 
Yakima-Ellensburg Wenatchee-Leavenworth 
Ellensburg-Easton Seattle-Ellensburg 
Yakima-Wenatchee (2 routes) Seattle-Tolt 
Wenatchee-Spokane (2 routes) Spokane-Coulee 
Wenatchee-Oroville Yakima-Hood River, Ore 
EQUIPMENT: 50 motor coaches, 6 trucks. 
SUBSIDIARIES: Olympic Peninsula Motor Coach, 100% Common Stock. 
Walla Walla-Pasco Motor Coach Co., 60% Common Stock. 
Yakima Motor Coach Co. Inc, 72% 9% Common Stock. 
OFFICERS: C. B. Fitzgerald, Pres.; R. T. Whiting, Vice Pres.; Thos. H. Swale, 
Sec'y; J. R. Yost, Treas. 
RECTORS: C. B. Fitzgerald, R. T. Whiting, Thos. N. Swale, J. R. Yost, F. W. 
ull. 
OPERATING STATISTICS 
Passengers Carried Total Mileage Passenger Miles 
56,680 436,982 1,324,284 
68,468 724,495 3,223,992 
106,820 995.952 5.881.579 
132 
1928 
1929 
Cpe "TION, As of April 19, 1930 
» Value Authorized 
1. Preferred Stock ..... v $500,000 
2. Common Stock ..... 0 $750,000 
After giving effect to 100% Common Stock dividend April 10, 1930. . 
DIVIDENDS: On Preferred stock, 8% per annum paid quarterly (Jan., Apr., July, 
Oct.) in 1927, 1928, 1929. 
On Common stock, $25,225 stock dividend in 1928; 100% stock dividend April 
10. 1930. No cash dividends. 
Outstanding 
$285,041 
$431,266 
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 
{As reported to Department of Public Works, Olympia, Wash.) 
1929 1s 
TE9,70¢ 
Lar 
Gross Revenue ........ .._._.. . . 
Operating Expense and Taxes... 
Net Earnings ... 
Other Income .......... 
Total Income ___.._............... 
[nterest, Amortization, etc. ..... 
Net Income ........................_... 
Preferred Dividends .....................__ 
Surplus for the vear...... 
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. ¢ 
{Ag reported to Department of Public Works, Olympia, Wash.) 
ASSET a929 10¢ 
Cash o.oo... 
Notes Receivable ........ . : 
Accounts Receivable ........................ 
Material and Supplies........ 
Stock Subserintions 
1.976 
“C 
1 
14627 
888 
950 
26 
0 
5 
" 
Total Current Assets... 
Mortgage Yakima Motor Coach Co. .. 
Investments (Subsidiaries) .................. 
Advance to Affiliated Companies... 
Equipment ...... _ 7 
Franchises, Intangibles. ete. ..... 
Prepaid Items .... 
Deferred Debits .... em emr——aaa. 
TOTAL ASSETS 
yU,* «5 
22 F0)( 
+.¢51 
7,649 
ARN 
9 
RT 
i 
7 
8 
~ 072 
oF 
019 
a 
27 72N
	        
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