PUBLIC UTILIT.:

COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31
1929
224,601,019

ASSETS—
Plant and Investments... .. _..........
Current Assets—
Cash ..... eemeemeanameenaannn
Notes and Loans heceivable........
Accounts Receivable .......
Materials and Supplies...
Prepaid Accounts

1927
$32,103,200

127,704
feng
C

2.

ane

665,736
236,167
8:0.852
2.471
10.929

Total Current Assets...
Special Deposits ....
Reacquired Securities ..............
['namortized Bonds Discount...
Deferred Credits .

PN
7

20, 87

TOTAL ASSETS iin.

Jo 8 200

AL al

0

LIABILITIES-Capital
 StoCK miei eee.
Subscription to $6 Pref. Stock..............
Funded Debt ............. eames
Current Liabilities—
Notes and Loans Payable...........
Accounts Payable .........
Customers’ Deposits ......
Accrued Accounts

$20,832,800
214,700
“3.000.000

$20,255,400
47,600
“50,000

$19,629,900
103,800
13,000,000

160,000
217

16

“46
67
3U3.525

539

29

Total Current Liabilities
Accrued Interest ...
Matured Interest ...
Reserves ._.
surbnlus _.

v
A

TOTAL LIABILIT:™
Net Working Capital ..................
Ratio Current Assets to Cur. Lia.

36
«1

FUNDED DEBT, As of Dec. 31. 192¢
First Mortgage 30-Y.a Rat Dated Due
Gold Bonds ._._......_ ____._......... Sen 1-2-1117 1-1-47
Interest Payable: January 1st and
aly 1st.
Principal Payable: January 1, 1947.
Trustee: Bankers Trust Co. N.Y.
Registerable: As to principal.
Denominations: $1,000.
Callable: At 105 and interest on any
‘nterest date on 4 weeks’ notice.
Sinking Fund: 11%9% annually. This
fund may be used for additions or permanent
 improvements against which no

Authorized Outstanding
$100,000,000 $13,000,000

bonds may be issued or bonds may be
purchased or called at 105 and interest.
, Tax Status: Federal Income tax not
paid.
Security: Secured by first mortgage
on the entire property of the company.
Offered by: Harris Forbes & Co.
et al.
Dated Offered: Mar, 1917, $4,500,000
at 931%; May, 1919, $1,000,000, at 89:
Mar. 1923, $3,200,000, at 891%: July, 1924,
22.000,000, at 93%; June, 1927, $800,000.
at 10

INTERSTATE UTILITIES COMPANY

GENERAL OFFICE: So. 165 Howard St.,, Spokane, Wash
EXECUTIVE OFFICES: 714 West Tenth St.,, Los Angeles, *
HISTORY: Incorporated under laws of Idaho, Aug. 28, 1¢
CONTROL: Standard Telephone Co. of Chicago, Ill., a Delaware corporation, purchased
 control in 1928. In July, 1929, control of Standard Telephone was purchased
 by Associated Telephone Utilities Co. LL ] ,
BUSINESS: Operates telephone systems in following cities of Washington: New -
port, Ione, Kettle Falls, Tekoa, Pullman, Albion, Davenport, Reardon. Medical
Lake, Deep lake, Espanola, Edwall, Four Lakes, Waverly, Garfield.
PROPERTY: Ten central offices and 3.160 stations.
OFFICERS: SS, IL. Odegard, Pres.; A. I.. Hart, Vice Pres.: Eliot H. Cheadle, Secy.-Treas.,
 all of Los Angeles, Calif.: W. M. Anderson, Gen. Mgr.; C. E. Munsell, Supt.;
C. C. Lester, Auditor: A. H. McConnell. Comm. Supt.: W. A. Boro. Traffic Supt.
all of Spokane, Wash.
DIRECTORS: S. L. Odegard, A. L. Hart. Eliot H. Cheadle. C. F. Mason. W. M. Anderson.

Fiscal Year Ends: Dec. 31