426
OPERATING COMMITTEE: D. C. Jackling, Chairman; Stephen Birch, 8. R. Guggenheim,
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.
