204
THOMSON'S MANUAL
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
(As filed with Department of Public Works, Olympia, Wash.)
1929 1928
370,316 338,682
«71 691 213,869
Gross Revenue oon
Operating Expense and Ta _3.....
3
Net Earnings ooo...
Interest, Amortization, etc. .......
Net Income ...coceien ees
Misc. Additions: or Deductions..
Adjusted Income .......
Preferred Dividends .. oceans noe.
Surplus for the vear... iris
Deficit.
-2C
COMPARATIVE BALANCE SHEET, As of Dec. 31
(As filed with Department of Public Works, Olympia, Wash.)
ASSETS- 1929 1928
CUABN npumms Ir ae mimi RE RRR ge eras tas hms whens im 7,767 3,431
Notes Receivable ol oi iirinnnns i .. 400 440
Accounts Receivable ..._. o aseemansannmmanduiiine wis # Nad IB 21,412
Supplies, ete. ...... rae er emememaeeeocaeceneaeeenas 662 564
Investments (NON-~pe' =<" 5 _ieeeececcccccceeeeenee. 125,082 174,076
Steam Floating Equipmer ...... .oeooeeeceeccacccccoceene... 276,582 :&0,8717
Diesel Floating Equipment. i eereeeeeenmameeeenene £02,360 . 6,354
Docks and Wharves _.. ee iemeeeemamammmaannnnennee 01,482 01,436
Real Estate _...._.... ema mmm hE SSS SO 5,658 500
Office FIXTUTES oie eee ce maaan anne 2,657 1,986
Miscellaneous Equipment inns 5,694 wii
Other Assets .occcceeoo. rd REE TRARY 210 _0
Deferred Items ................ emmeeeeen 22,644 24.755
TOTAL ASSETS ioeieiecieaeeeeereeennmneenreeeeeaeeee- $980,433
LIABILITIES—
Accounts and Wages Pavable..
Notes Payable ....
Funded Debt .............. mg
Depreciation Reserve oii
Deferred Credits and other reserves...
Capital Stock
Suronlus
7.730
6
736,000
= 94LE
L570 E
5,070
7.692%
ann
cq
TOTAL LIABILITIES
Deficit.
16.25
20R().432
R046 «-
1927
303,795
284.523
17,472
12.682
4,790
6.604
11,394
11.204
1927
3 689
140
32,174
238
12,996
215,094
181,922
20,754
500
1,848
310
17,2563
242 920
3 65,474
77,786
95,000
76,545
20,000
200,000
-50.885
e482 920
FUNDED DEBT, As of Dec. 31, 1929
First Mortgage Serial Sinking Rate Dated Due Issued Outstanding
Fund Gold Bonds... _6%9% 4-1-28 1929-42 $250,000 $236,000
Interest Payable: Apr. and Oct. 1, at Sinking Fund: Impounded with trus-
National Bank of Commerce, Seattle. tee monthly sufficient to retire issue
Principal Payable: $10,000 on Oct. 1, at maturity.
each year, 1929 to 1941, incl.; $120,000 Tax Status: Company pays normal
Oct. 1, 1942. 2% Federal income tax.
Trustee: National Bank of Com- Security: First mortgage on all
merce, Seattle. physical property, leases, rights and
Registerable: As to principal. franchises of the company.
Denominations: $500 and $1,000. Legal Opinion by: Shorts & Denny,
Callable: On any interest date, on 30 Seattle, Wash.
days’ notice, in inverse order of ma- Offered by: Marine National Co. and
turities at $102 up to Apr. 1, 1938: Ferris & Hardgrove, Seattle. Wash.
thereafter at 101 March... 1928
LONGVIEW, PORTLAND & NORTHERN RY. CO.
GENERAL OFFICE: Longview, Wash.
EXECUTIVE OFFICES: Kansas City, Mo.
HISTORY: Incorporated under laws of Washington, Sept. 29. 1922. Controlled
through stock ownership by Long-Bell Lumber Co.
PROPERTY: Public carrier extending from Longview Junction to Ryderwood,
Wash., 30.26 miles. Industrial track 7.98 miles; second track, 1.60 miles; yard
track, 13.86; total, 53.70 miles. Equipment: Six locomotives, 16 box cars, 37 flat
cars, 5 tank cars, 4 cabooses, 306 other freight cars, 2 combination passenger
cars: 1 baggage car; 26 ballast cars; 1 derrick; 1 steam shovel; 4 other service
ears. total 303. of which 50 freight cars are leased. Standard gauge rail 85 lbs.
