THOMSON'S MANUAL
BUSINESS: Company supplies water for domestic and industrial purposes to
various cities and communities located in the northwest section of Oregon and
in the southwest and western sections of Washington. Communities are Salem
and Hillsboro, Ore.; Vancouver, Hoguiam, Burlington, Sedro-Woolley and Mount
Vernon, Wash. The total population served is estimated to be 72,000.
PROPERTY, Ete.: Plant and property appraised at $5,326,000, consists of land,
buildings, water mains, reservoirs, pumping stations and other equipment. Prineipal
water supply obtained from rivers. Average daily consumption is 13,087,000
gallons, which compares with pumping capacity of 26,400,000 gallons. Number
customers served Dec. 31, 1929, 22,422. Serves 17,250 meters, 1.164 hydrants. Has
facilities for storage of 26,500,000 gallons.
OFFICERS: E. C. Elliott, Pres.; E .B. Walthal, Vice-Pres.; Raymond Beeny,
Secy.-Treas.; H. V. Johnson, W. H. Oellerich, Asst. Secy. & Asst. Treas.
DIRECTORS: E. C. Elliott, H. V. Johnson, E. B. Walthall.
Fiseal Year Ends: Dec. 31. Annual Meeting: 2nd Wed. in June.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Qutstanding
1. $6 Cum. Pref. StoCK.ooeeeeeeaaaieerneen—ee NO Par 25,000 shs 7,000 shs
2. Common Stock ...... eeereeeneaNO Par 10.000 shs 10.000 shs
1. $6 CUMULATIVE PREFERRED STOCK
Provisions: Has preference as to as- of $1.50 per share paid Sept. 1, 1927.
sets and dividends. Regular dividends paid quarterly Mar.
Callable: In whole or in part at 10F 1, etc.
per share at any time on 30 days’ no Transfer Agent: Equitable Trust Co,
tice. . Portland, Ore.
Voting Power: One vote if 4 quarterly
dividends not paid. Public Offering by: G. L. Ohrstrom
Dividends: Initial quarterly dividend & Co., New York, June, 1927, at $92.
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 1928 1927
605,82¢ 571,906 $ 460,869
"QR 179 T1047 154.049
231,428
988
232.416
BAlANCE ooeoieeeeeeeecraecrosmasmnmmaaneasnnae = eomn 60,730
Earned per share Preferred Stock... $14.68 .
Karned per share Common StocK............. $6.07 0.27
COMPARATIVE BALANCE SHEET, As of Dec. 31
ASSETS— 1929 1928
Plant, Property —cooemeeene .$5,326,441 $5.044,935
[Investments ..ocooooioeeiiieccieanns 2,663 2,661
[VBE vcr mamas mma ERE SER ago 0 16,926 27 105
Accounts Receivable ee 58,101 147
Material and Supplies ..ocooimmeeeinens "= 549 10
Reacquired Securities, etc. ..coeneen enneen ,236
Deferred CRAYZeS aoceeccccecrmceammemmmcesasamoncnns 7" “45
TOTAL ASSETS ooooeeeeeeeeeeeaneneneeee- 35. ARB6.955 287
LIABILITIES—
Capital Stock and Surplus...
Funded Debt eerie = -ee
Accounts Payable ..........
Misc. Current Liabilitie-Taxes
Accrued ..........
Interest Accrued ................
Misc. Accrued Liabilities
Due Affiliated Companir
Deferred Liabilities ....
Depreciation Reserve _....
1927
$4.087,930
5,358
29,864
39,560
23.407
293.504
24 479.623
1,504,730
2,675,000
29.108
23.866
0.967
1248
“86
~g
4
- 12
$5,409,289
84. 018
$1,379,358
2,300,000
9.695
7.712
49,774
9.583
4.114
75.767
4.172
639.448
$4,479,623
7’ 417
TOTAL LIABILITIES
Net Working Capital...
.55.6.6,955
114 7692
FUNDED DEBT, As of Dec. 31, 1929
Rate Dated Due Authorized
Coos Bay Water “A”. ..ccccceeeeeee. 6% 5-1-24 5-1-49 $450,000
Coos Bay Water “B".ccccccceec. 6% 6-1-26 5-1-49
First Mort. Gold Bonds........ 59% a-1-27 6-1-57 Oven
Qutstanding
$330,500
¢9 258.000
1.
2.
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