PULP AND PAPER COMPANIL
COMPARATIVE INCOME STATEMENT, Years Ending April 30
Qsr
Gross Operating Profit...............
Dividends from Pacific Mills...
Total Net ReVeNUEe....o..occcoii iii mimic ceemeeeeeaeeeee
Interest, Deprec. and Fed. Taxes, Etc.......
1929
6,790,531
510,136
a0
Net Income ......rinicnaninienan.
1st Preferred Dividends.....c......c....
2nd Preferred Dividends......................__
Common Dividends .... eeemsemeeereneananimnnan
Surplus for the year ........
Earned, per share, 1st pref. stock........ .....
Earned, per share, 2nd pref. stock.................
Earned, per share common stock
60
BALANCE SHEET, As of Apr. 30
ASSETS
Cash ..oooooeimiies
U. S. Gov. Bonds... ee
CA] LOANS soieciiinnin. in . sessevsimsssssss satus oss siass is seman sass ss arerss sn saeessusis,
Notes Receivable .. eee eee eae
Accts. Receivable ... Ce eeeeeeeeeeeemeneeseeeeeemnenaanen
Inventories .... ee eee —————an
1230
517 °°
1929
807,205
588,414
750,000
51,902
1,036,121
4.630.893
D271.
Total Current Assets...
Investments _... . . semus ns rrenssneienns nap onsnnsn nnn nay mms ne
Stock in Pacific 2ills, Ltd... oan
Land ............... me eemeeeeneseesamenmeoemmemeenmeeneanns
Timber LanAs ..... ieee cere ee meee ema neenm anne.
Water Rights ...... EN ,
Buildings and Equipment........ rm eemenans
Deferred Charges
TOTAL ASSETS ...
£030
,800
2.308
555
~ ,600
728,119
29,291
-7,266
283 345
5 (»
I's
=
Hh 4 .-£1
38K 3-8
262.821.8069
LIABILITIES—
Accounts Payable ....................
Bond Interest Accrued........
Taxes Accrued... .........oooooiomiuaennioi..
Dividends Pavable.
£33.300
3.098
1,669
4 214
1,209,699
379,189
183.269
Total Current liabilities...
Funded Debt ....oooooiiiimiiiiiaaaee nn. NEE
Timber Purchase Contracts. oes
Contingency ReSeIVe ooo eee
Capital Stock ....... ooo... eee emma ann oe.
Initial Surplus .... eee ana ne an
Earned Surplus
La
04
“C
21
00
£5
1. A) 5
4h
-
TOTAT, LIARILITIES
1T Aa
Q
FUNDED DERT, As of Apr. 30, 1930
First Mortgage Sinkin~ Rate Dated Due Authorized Outstanding
Fund Gold Bonds... eee. 6Cp 1-1-26 1-1-51 $25.000.000 $18,303,000
Interest Payable: J&J 1 at First National
Bank, N. Y.; Anglo, & London
Paris National Bank, San’ Francisco,
and trustee's office.
Trustee: Continental Illinois Bank &
Trust Co., Chicago; Wm. P. Kopf, Chicago,
co-trustee.
Registrar: Chase National Bank, New
York; Continental Illinois Bank & Trust
o., Chicago.
Registerable: As to principal.
Denominations: Coupon $500 & $1000.
Callable: On any interest date on 30
days’ notice at 103 prior to Jan. 1,
1940, and at 10114 thereafter.
Sinking Fund: Company pays each
vear to trustee amount, based on timber
cut, sufficient to retire 759% of
issue by maturity.
Tax Statux: Company will refund
Price Range: 1929—High, 1031; Low,
1815; 1928 — High, 1023; Low, 9734;
1927 — High, 103%; Low. 991%; 1926 —
High. 100: l.ow 98
