THOMSON'S MANUAL 
COMPARATIVE INCOME STATEMENT, Years Ending Apr. 30 
1930 
eeeea-$2,300,925 
.. 1,643,916 
127.027 
*7 
37 
352 
00 
298 
NET INCOME .ooooooeomemenmeeree ameeaenaen 16.623 
Dividends cccceoeeeeo enn EERE eeeeenas 
SUTrPIUS FOI YW OAT oioiciimnamceresasrmcomoncnaaan = + msmsssssesscscccocann oon eeamanann 
Earned, per share Class A STOCK iii eerie 4.79 
Earned, per share Class B SOCK ieee 2.29 
FUNDED DERT: During 1929 company retired entire funded debt. 
1929 
$2,430,000 
1,595,495 
150.495 
684,273 
684,273 
703,867 
55,089 
162.171 
486,607 
246,016 
240,591 
4.86 
2.18 
BALES coor ececcemenmmcccecceemasssemmascsmesesmamesees a emosemesesssassesssasees 
Cost of Sales.cciiiananan. 
Jperating Expense ....... 
Operating INCOME oo iriiriieimnnnanneens 
Operating INCOME ieee ean essen 
TOTAL INCOME «eons eeeereeseemssenesas eae «ane meee 
Federal Taxes .... rod RRR 
Interest ....._-. J 
COMPARATIVE BALANCE SHEET, Years Ending Apr. 30 
ASSETS— 1029 
TIABN. eerie asa ee emmeemea———n— 16,335 
Notes and Acceptances. ...cocercensmmcamennenn 0,000 
Accounts Receivable .._......... 3 WAR 34,190 
[nventories ......... momen 20.647 
Total Current Assets . RE 
LANA comm minssme assess neaas wolimawnmmms 
Plants and Equipment...... en 
onstruction oie 
Jontracts and Options... eee 
Deferred Charges ............. 
Acets. Rec. (Deferred). oeceeineees 
TOTAL ASSETS .... 
LIABILITIES— 
Payrolls and InSUrancCe.........c... «+ - coeemenmmannns 
Accounts Payable riiiiiiies ees 
Notes Payable iis 
Accrued Expenses ........ 
Tax Reserve __ 
1928 
5 135,115 
50,000 
222,763 
155.521 
T 563,399 
23,337 
2,486,165 
"724,600 
113.730 
®29211.231 
668 
6.365 
5.366 
32.612 
, 28,011 
“55,486 
24.600 
“3.515 
9.525 
7 
519 181 
2 
90,381 
281,675 
29 A95 
. 401,751 
1.260.000 
24.600 
779,880 
1.515.000 
$3.211,231 
2 "161.648 
Total Current Liabilities................. 
lass A StoCKam cian 
1aSS B StOCK meinen eimeenene 
Jurplus Paid Ino 
Surplus Earned. oii 
Funded Debt otter amma an 
758,580 
75,486 
1,600 
51% 
QFE 0° 
. TOTAL LIABILITIES oe. 
Net Working Capital... 
279 1QR 
ST. HELENS PULP & PAPER COMPANY 
GENERAL OFFICE: St. Helens, Ore. 
HISTORY: Incorporated under laws of Oregon, Nov.. 1924. Mill began overa- 
-ions Jan. 1, 1927. 
BUSINESS: Company manufactures high-grade kraft pulp and paper by sulphate 
process. Pulp obtained by treating wood chips with chemical solution of sodium 
hydroxide and sodium sulphide. Also manufactures paper bags. 
PROPERTY AND PLANTS: Company owns 43 acres with 1,300 feet deep-water 
frontage on Columbia River, at St. Helens, Ore., on S. P. & 8. Ry., 27 miles north 
of Portland. Paper mill of 60 tons daily capacity. Main plant is of steel and con- 
~rete. Bag factory, capacity 3,000,000 bags daily. Company also owns another 
Sag factarv an its proverty which is leased to Jaite Company, Jaite, Ohio. 
OFFICERS AND DIRECTORS: Max Oberdorfer, Pres. & Gen. Mgr.; Dr. Robt. H. 
gllis, Vice Pres.; *Irving Rau, Secy.-Treas.; H. F. McCormick, Chairman; Dr. J. 
A. Reuter, E. S. Collins, Phil Metschan. Harrv T. Nicholai. C. C. Blagen, Thomas 
Autzen. 
tNot a director. 
GENERAL COUNSEL: Griffith, Peck & Coke, Portland, Ore. 
Miceal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in Feb.