Full text: Thomson's manual of Pacific Northwest finance

LIABILITIES— 
Current Liabilitie- 
Notes Payable .......... 
Accounts Payable . 
Accident Awards ....... 
Misc. Tax Reserves.............. 
All other liabilities, ine¢! ° 
Total Current Lic’ 
Common Stock .. 
Preferred Stock .. 
Normal Surplus ...... 
Revaluation Surplus ... 
TOTAL LITIABILITIFEF 
a 
1€e 
some tz 
an 
ms 
A 
AN 
620.000 
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“8F 
"RE 
25,000 
© 0d 
11 
£5 
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BUTTE COPPER AND ZINC COMT 
GENERAL OFFICE: Butte, Montana. 
EXECUTIVE OFFICE: 42 Broadway, New York City. 
HISTORY: Incorporated under laws of Maine, Nov. 22, 1904. 
PROPERTY: Owns total of 108 acres, located in center of city of Butte, Mont, 
along the Black Chief vein. 
Property is operated under lease by Anaconda Copper Co., which receives 
50% of net earnings. 
SHIPMENTS: 1925, 156,997 tons; 1926, 146,988 tons; 1927, 145,853 tons; 1928, 154,- 
869 tons; 1929, 161,941 tons. 
OFFICERS: A. J. Seligman, Pres.; Albert Fries, Vice Pres.; A. lL. Bailey, Sec'v. 
Treas. 
GENERAL AUDITORS: Pogson, Peloubet & Co. 
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Wed. in March. 
CAPITALIZATIO™ Par Value Authorized 
Capital Stock ....... $5 $3.000,000 
Details: Anaconda Copper Co. owns 
$798,500 of capital stock. 
Dividends: 1918, 50c; 1923 to 1926, 
‘nel, 50c annually; 1929, 50c. 
Transfer Agent: Bankers Trust Co, 
New York. 
Registrar: New York Trust Co, 
COMPARATIVE INCOME STATEW 
Outstanding 
€3.000.000 
Ex- 
1927 
Fi 
“4 
Income from Operations 
Other Income ..... 
Total Income ......... ... 
Expenses and Taxes .......... 
Net Tncome 
BALANCE SHEET, 
ASSETS 
Plant and Equipment..................$ 100,000 
Mines & Mining Claims............ 3,364,886 
Accounts Receivable ___...____... 8,652 
Investments viene. 190,925 
Cash . eens 14.824 
TOTAT., ASSETS]. e292 67Q 9287 
Nn 
. Dec. 31, 191¢ 
iF 
LS 
Capital Stock ...... 
Depreciation Reserve ...... 
Accts. Payable, etc. 
Profit & Loss Surplus... 
TOTAL LIABILITIES ............$3.679.,287 
..$3,000,000 
.... 100,000 
14,668 
564.619 
BUTTE & SUPERIOR MINING COMPANY 
GENERAL OFFICE: Butte, Montana. 
HISTORY: Incorporated under laws of Arizona, Oct. 2, 1906, as Butte & Su- 
perior Copper Co. Name changed in 1916. In 1924 acquired Butte-New York 
Copper Co. In 1928 acquired North Butte Extension Development Co. 
BUSINESS: Mining zinc and copper ore. Company's mill was dismantled in 
1924 and since that date ore has been sold or shipped to custom smelters 
PROPERTY: 321 acres in north central Butte mining area. 
DEVELOPMENT: 22,879 ft. of drifts and cross-cuts; 4,554 ft. of rises; total, 27.- 
433 feet. 
ORE RESERVES: Dec. 21. 1929 estimated at 183.048 tons of zinc ore.
	        
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