202

THOMSON'S MANUAL

CAPITALIZATION, As of Dee. 31, 1929
Par Value Authorized Outstanding
1. 79% Cum. Pref. Stock.cicorrccecenieeee. $100 $1,000,000 $725,000
2. Common Stock _. eens $100 $1,000,000 $662,000
1. 7% CUMULATIVE PREFERRED STOCK
Provisions: Has preference as to di- givens: Paid regularly to Jan. 1,
vidends; no sinking fund provisions. 1 > . . T
Callable: Not callable. y Registrar: Empire Trust Co., New
Voting Power: One vote per share. Number of Stockholders: 650.
2. COMMON STOCK
Voting Power: Votes share and Registrar: Empire Trust Co. New
share alike with Preferred. York.
Dividends: 1927, 8%; 1928. 6%: 1929, Number of Stockholders: 17.
R07.

COMPARATIVE INCOME STATEMENT, Year Ending Dee. 31, 1929
Gross Revenue ..occoocrrcmreemmeneconaee eee ereeeaaaaeaeaeeeeeee saan nmmennnnnn- $678,872
Dperating Expense and Taxes......... eee esanammananneeeeen 446,496
Net Earnings cocoon. eee eee eee ava smmneerene armmeeemeneseeeennneee- $227,374
Other Income ..... oo... ce. A RACER SER RSE np SEER AERA Sr 7,025
Total Income .....ccoeereeiiirnnnn, smenammman Eb RT RE ereeeeeeeneeeaan $234,399
Interest, Amortization. ete. eeemeeeea 60,487
Net INCOME aomememmcceecccreiiieeiaee eeeeaeaen een $17 3,912
Preferred Dividends .coooooiiiiimeiicaeeceeee- oe eeeae + aveeeomianmrananaeeeeae 46,354
COMMON DIVIACIIAS  ceooeeeeeeeieeeeomecmerooceeeaiomcmeeeasssmsnnrmassmssssassosmemme sr nn ms mn nso ta ooo eee cnensanans 58,000
Surplus for the Year. reins cerca nen reeeeeeennnnnee $69,558
FUNDED DEBT: Bonds due May 1, 1939. were retired Mav 1. 1928. through the
Standard Telephone Co.

COMPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31
(As filed with the Department of Public Works. Olympia, Wash.)
ASSETS— 1929 1928
CASI ooo eee eee eee ercacmmmmmsmmeoeeeneseeeeeasesssasooosmmmsaseraseescesassiose esmmecooaod 42,596 $ 10,440
Advanced to Employees. eccrine eee 1,465 1,504
Bills RECEIVABLE eee a eeeeeeamcereaemccecraamsssmessansmemacssressnnnn = = oo) 60,000 127
Accounts Receivable ieee eres nena 46,638 47,708
Material and SuDPDlieS. iim cren eee een 47,869 60,5667
TUnmatured INtereSt oo ecceccoceiirrmere reser emssem een aasesannan 586
Total Current Assets. .....c...c Ci arene 199,154
INEANZIDIES  corcermceeeecorereeee rr cmeesr esse tan ness ar sameness essere nannies a 244,789
Land, Buildings, €LeC. icine 290,189
Plants and BEquibDment coors mmneeen on nie .825,347
Furniture and FiXtUures...omieeeenreeericemenrenssanenereoanen 26,444
Securities OWE eo eorermiceemnercesrnra mec nse ne nmn noose nna nnn 500
Miscellaneous Investments oo. ioieomrircemimommmmnnncernneennnenes 48,960
Sinking Fund ..cceeeeel eee eeemaamomeomemmemmneemmasmaeenceemesmnnsemees 121
DEFETTEA ASSELS oneeooceeermmeeereemmoomsesemmemenassssmssssszssommrnsrssnnnraasnooasnoas 18,87(
TOTAL ASSETS eee enna e ems ceecnnenans $2.6 64.007
LIABILITIES—
Bills Payable iinet enna eran 3% 734,100
Vouchers and Wages Unpaid... ninnceeeeonnee 26,432
Accounts Payable occa eeeeom nines 26,726
Interest MAtUTeA .oooccceecoccccccoomommmmemmssrsermeserssermsmnesammnsonacns senses 68
TAXES ACCTUEH .ooiieeieecoeeeeecmsmmmmmmrestemmeeermeasres esos oa momma sme ness rename 43,550
Other Accrued Items........ eee emmeee means eemnmeanoneeeenmannn 26.628

120,447
244,789
284,601
1.833,658
25,460
500
48,960
988,249
11.909
¢2 AN4.804

$ 734,100
23,576
2,343
1,229
43,301
29 250

Total Current Liabilities. cores ce meeserienees 857,514
Reserve for Depreciation meee 277,817
Reserve for Amortization, ete. ere 8,147
Deferred Liabilities occas 9,838
Premium on Capital StoCK. ieee ence 10,310
70% Preferred STOCK... ita ememessenssnncessensnennns 725,000
COMMON STOCK cerimie wrecrrmmiaasimeressemssentasssasnsans assassins sense cosas snes 662,000
SRUTDIUS  cooeoeoce eoeesmeesoe soceeessomsmmessassssoommmmteremsssSteiesssosoosssioesssoressssssosie 112175
TOTAL LIABILITIES icone comes nos soisenee ...$2,664,001
Pue Standard Telephone Co. for cash advanced in 1928 refinancing

826,899
293,448
6,983
6,971
10,310
725,000
662,000
90.293
22 604.804