THOMSON'S MANUAL
3. COMMON STOCK
Ownership: All but directors’ qual- er & Light Co.
ifying shares owned by American Pow- Dividends: Not announced.
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 1928 1927
Gross Earnings ...oceee-$: 55,694 $4,594,350 CE 76 TR2
Operating Exp. & Taxes... 2 427.412 2,408,325 2,19"
Net Earnings een $a, € €or oaoe
Other INCOME .omiciemiiamnnnns >
Total Income ....oooccmneene
Interest on Bonds. ............
Other Int., Deductions...
Balance .cccoeeeeceomemccecmenas $e
Dividends on Pref. Stock
Balance .ssoommomm
Depreciation Reserve
Balance ....cocicececoovemmmrennan- Lat 5
Earned, per share Pfd......... 11.27 0 “40
Earned. per share com......... 4.70 2.73 .42
COMPARATIVE BALANCE SHEET, As of Dec. 31
ASSETS— 1929 1928
Plant and Investments.................. eenee.$22.501.534 $23.627.055
Current Assets:
(OF: X=1 + RUPEES
Notes & Loans Receivable... ............
Accounts Receivable oie
Material and Supplies mee
Prenaid ACCOUNTS aoe eameemmeecmecenaenans
1926
$3,751,266
1,985,709
$1,765,557
20° 197
795,684
524,814
279 R24
991,036
404 2792
586,664
250.000
236.664
1927
$93. 124.575
201,522
32,140
631,388
351,166
21.315
s+ 1,237,631
450
1,300
254,601
1,903
$24.620,360
Total Current Assets ....cocooeeeee
Trust Funds & Special Deposits... - 3
Reacquired Securities ..ocrmnniinnes 200
Unamortized Bond Discount... .1,504
Deferred Debits .oovieeiiieiiemeenerneees 2006
TOTAL ASSETS ooooeeeeeeereeneneneenee-$24.284.300
LIABILITIES—
Preferred StOCK -oemoeeecereesenngee ieee 5,809,700
Second Preferred Stock. ...oooceeeieececcoiooconoes 190,000
Common STOCK oeeeeeeeeeeeeeeeeeneenmannneeeeee 185,000
Stock Subscriptions .oeccocioiceiieaaes 300
Funded Debt weeooeeeeeeceeeeaaanieneeeeee 9.119.000
Current Liabilities:
Notes and Loans Payable. RE —
Accounts Payable .._...... mmmn
Customers’ Deposits .. eee
Accrued Accounte J
62
627903
,094
1200
+052
79
$25,461,383
$ 5,809,200
190.000
5,755,000
800
9,119.000
$ 5,808,100
190,000
5,755,000
1,900
9.119.000
1.6
,000
2,203
,605
‘1 266
1,556,000
190,399
203,567
657.465
? 2.607,431
1s
704,109
430,805
$24,620,360
£107.05
Total Current Liabilit»
Matured Int. Fund. Debt ____.
Deferred Credits
Reserves ..
Qurnlne
23
Le
150,965
£09 494
TOTAL LIABILITIES ....... 1,300
Book Value Common Shares.......... 115.63
FUNDED FT IBT, As of Dec. 31, 1929 }
First and Refunding Rate Dated Due . Authorized Outstanding
Mortgage Gold Bonds.......... 5% 8-1-10 8§-1-30 $30,000,000 $9,119,000
Interest Payable: Feb. and Aug. 1. Offered by: White, Weld & Co., New
Trustee: Chemical Bank & Trust Co, York, Feb. 1911, at 94.
New York. Listed on: New York Stock Ex-Denomination:
$100. change.
Tax Status: 29% Federal income tax Price Range: _
paid by company. 1929 1928 1927 1926 1925
Security: First mortgage ‘on entire High ......... 1003 1013 102 101%; 100
propertv. TOW oe 97% 9934 993 993 98
PACIFIC STEAMSHIP COMPANY
GENERAL OFFICE: 1519 Railroad Ave. So., Seattle, Wash.
HISTORY: Incorporated under laws of Maine, 1916, consglidating several other
Jem Jeluang the Pacific Coast Steamshin Co. and the Pacific-Alaska Navigation
Co.
HO es: Operates passenger and freight steamers in the coastwise trade ot
