Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAL
Archie Hogg, Pres. Board of Trade, James Hinton, North Vancouver, B. C.
New Westminster; Pres. Archie Hogg Ww, RB. Farris, K. C., Vancouver, B. C
Construction Co. . . ’ . UY
Cc. S. Henley, Vice Pres. Royal Finan- Francis Wright, Secy. Smith, Davidson
cial Corp. Ltd. & Wright, Ltd.
GENERAL COUNSEL: Bourne & DesBrisay, Vancouver, B.C.
GENERAL AUDITORS: Price, Waterhouse & Co.
Fiscal Year Ends: Dec. 31. - Annual Meeting: 3rd Fri, in Aug.
Number of Employes: 100.
EARNINGS: Net profits available for bond interest, depreciation and income
taxes:
Year ending 31 Dec., 1923
{ear ending 31 Dec., 20:7 .
Year ending 31 July, 1927 ...
8 months to 31 Jan. 19249

Year ending 31 Dec., 1924 ..............$35,742
7 months to 31 July, 1926 ................ 28,775
Year ending 31 July, 1928 _............. 36,472
Books destroved in fire, July. 1929.

APTTALIZATION, As of Dec. 31, 1929
. Par Value Authorized Outstanding
Common StOCK eceeeervveeeeeeeeraemnnnneseesseaneeees $10 $500.000 $460,050
Tax Status: Dividends exempt from Public Offering by: Royal Financial
B. C. income tax. Corporation, Ltd., Vancouver, B. CC,
Jan... 1930, at $10.

BALANCE SHEET, As of Dec. 31, 1929
(After giving effect to the sale of $300,000 61% % First Mortgage Bonds)
ASSETS LIABILITIES
Napital Assets— Share Capital—
Leasehold pep op preeeneerd$ SO, 800 ‘ssued, 46,00 Shs. of $10 each...... 460,050
3uildings & Equipment................ <
Additions to date......... eeee 36,046 Benas Tomer 380.800
Patents & Trade Marks... ...... 75,000 Current Liabilities—
a for Addo Exp een Accounts Payable ..criiiniaanneen
. C. Paper Mills Econds. ..$.00, isi ee
Pp. C. Paper Mills Stock gays Provision for Taxes...
SUNATYY  ceoccmeemcrn ccomomecmsnsmrrene sone een 1,100
Advances to Affiliated C- . 9.996
Current Assets—
[Inventories ....cco.......
Accounts Receivable ...
Bills Rec. and Acc. Int. .
Life Ins. Policy Sur. Val.
Acer. Int. on Investments.
Nash at Banks ...

88,432
..-$887,026
FUNDED DEBT, As of Dec. 31, 1929
First Mortgage Sinking Rate Dated Due Authorized Outstanding
Fund Gold Bonds.....ccoeeeeeenee.... 619% 4-1-30  4-1-50 $300.000 $300.000
Interest Payable: Apr. and Oct. 1, trustee $5,000 on Nov. 1, 1931, and
at Royal Bank of Canada. thereafter $10,000 per year. .
Trustee: Royal Trust Co., Vancou- Security: First mortgage on fixed
ver, B. C. Bigets and by, floating charge on ail
} . Snead other assets. Interest for entire perio
Registerable: As to principal. suaranteed by Citv of New Westmin-Denominations:
 $500 and $1,000. ster. & IT
Callable: In whole or part on any Legal Opinion by: Bourne €s
nterest date at 105 up to March 31, Brisay, Vancouver, B. C. : .
[948 and thereafter at 103 Offered by: Royal Financial Corp.
! : and Victor W. Odlum, Brown & Co,
Sinking Fund: Company will pav to Vancouver, B. C., Jan.. 1930. at 100

Total Current Assets.........
TOTAI. ASSETS _..

BOND VALUE TABLES
INTEREST TABLES
BOOKS ON FINANCE
‘Will send on approval to any rated firm.
Most complete stock in Pacific Northwest.
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