68
THOMSON'S MANUAL
PACIFIC AMERICAN FISHERIES, INC.
GENERAL OFFICE: South Bellingham, Wash.
HISTORY: Incorporated under laws of Delaware, May 2, 1928, ag Pacific Ameri-
can Co. to acquire business of Pacific American Fisheries, organized in 1905;
also trademarks, etc. from Deming & Gould Co.; name was changed to Pacific
American Fisheries, Inc, during 1929.
BUSINESS: Company is said to be the world’s largest packer of canned salmon
[t packs all varieties of Puget Sound, British Columbia and Alaska salmon
marketing its products in all parts of the world.
Number of Cases Packed: 1928, 574,565; 1929, 952.852.
PROPERTY: Company owns 17 fish canneries in Alaska, British Columbia and
Puget Sound. In South Bellingham, Company owns and operates warehouses,
san factory, box factory, repair shops, marine ways, ete.
“ompany owns 5 steamships, in addition to numerous small boats, barges, etc.
SUBSIDIARIES: Alaska-Portland Packers, Alitah Fish Co., Annette Island Pack-
ing €o., Pacific American Fisheries (including subsidiaries, Bellingham Ware-
arouse Co., Hoonah Packing Co. and Shimigan Packing Co.), Petersburg Packing
Co., and Skeena River Packing Co., Ltd. on Mar. 29, 1930. acquired plant of Emel
Packing Co., of Valdez, Alaska.
DFFICERS: E. B. Deming, Pres.; A.. W. Shiels, Vice-Pres.; Frank L. Taylor,
Vice-Pres.; A. W. Deming, Vice-Pres.; Thad McGlinn, Secy.; E. J. McDonald,
Asst. Secy.: H. B. (Drisco, Asst. Secy.; Malla P. Maldren, Asst. Secy.: A. W.
Shiels, Treas.
DIRECTORS: E. B. Deming, A. W. Deming, A. W. Shiels, Frank I. Taylor,
Ww. L. Honnold.
GENERAL AUDITORS: Lybrand Ross, Bros. & Montgomery; Geo. V. Wittle & Co.
fiscal Year Ends: Dec. 31. Annual Meeting: First Thurs. in May.
CAPITALIZATION: Par Value Authorized Qutstanding
~“osmmon Stock veeeeecereanaeeeane No Par 500,000 shs 315,204 shs
DETAILS OF STOCK
Preferred stock called for payment merce, Seattle, and American Trust Co.,
Aug. 1, 1929, at 105 a share and accrued San Francisco.
dividends at American Trust Co. San Public Offering by: Hunter, Dulin &
propgisee, and First National Bank, Co., Geo. H. Burr, Conrad and Broom
Seattle. > / 1928
A riends: Initial dividend of $1.50 Lief"? Schwabacher & Co. May, 1928,
per share paid Feb. 25, 1929, to holders _
of record Nov. 18; 50 cents Mar. 1, 1930 Listed on: Seattle Stock Exchange
0 holders of record Feb. 15. ! ’ and San Francisco Curb; Traded on
Transfer Agent: Frances L. Cox, San New York Curb. }
Francisco; First Seattle Dexter Horton Price Range: 1930, to June 15—High,
National Bank, Seattle, Wash. 27: Low, 20; 1929—High, 41; Low, 18;
Registrar: National Bank of Com- 1928—High, 28: Low, 17%.
INCOME, STATEMENT. Year Ending Dee. 31, 1929
eeeenenena-$1,476,120
eee enenesene 254,542
185,000
FT0SS REVENUE coreeeeeeeeamcenvnmnennn: sasmmmanmnes
Depreciation ieee irene ann
FeAETAl TAX cooooiceiieeeeaaeeeamerecssmmnnesisrmaenensann soemnaizonas
Net INCOME _ooiiommmemiiiiiiianans pr S—— 3 I 11.1 HY
Preferred Dividends .o..ooooooooccieeceecoomiccemmsmmmmasrrmnsmeammmmnneasssnoanaane . ee 243,272
COMMON DIVIAEIIAS woe ieoeeoeoeeiecoemmeeeezeeaeemeammssssmmeesaesasammmaar srassssssiossssssssses o ssosasiessos 245,727
SUrplUS fOr the Year. oii creams sree snes eran B97,579
Common Shares OULSEANIAIIIE oo oooooeoeemomoearmemrerese ee esanaranasmns snares seers sannesas$ 315,204
Earned. Der SHATE CONIIIOM nn uo aaiaaraasimamaaoramarrarmoms nena nroomamianaoomsosn = Soooootaniennne 3.45
COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dee. 31
ASSETS— 1929 1028 1927
Cash, Accts. Rec. and Securities.........oee.......$31,909,14¢ 2 835 $1,158,116
INVENEOTIOS eoneeemoeeeeoeeeemeemeeeameameaameeanesineeeeeeeee 3,114,241 117,134 1,124,282
Merchandise. Supplies. FtcC.oiiierenceccicecan W103 nag 4-4 953.203
Total Current AssetS.......cccocceeen coef $3,235,601
3uildings, Steamers and Equipment...........p $2,856,935
Real Estate, Timber Land. Traps, Etc....... 961,832
[nvestments ccccoommmemnenes eaennnn eae 39,671
Deferred Charges oociiiiicammammecnmeacennas 39,671
"rade Marks, Brands, Ete... 275.000
POTAT, ASSETS oo $12,390,613 $7.424.029
" AM
