THOMSON'S MANUAL
2. COMMON STOCK
Provisions: Fully paid and non-as- Registrar: Bank of California, N. A,
sessable. Holders have no pre-emptive Seattle and San Francisco.
*ights to purchase additional shares. Legal Opinion by: Livingston B.
Voting Power: Sole vote except as Stedman, Seattle, and Chickering &
stated in preferred. Gregory, San Francisco.
Dividends: No dividends paid to June Public Offering by: Blyth & Co., Feb-
1930. ruary, 1929.
Transfer Agent: Office of the Com- Listed on: Seattle Stock Exchange.
sany, Seattle; American Trust Co., San Price Range: 1929—High, 233; Low,
Francisco. . 20.
INCOME STATEMENT, 11 Months Ending Dec. 31, 1929
Gross Operating Profit. —
Miscellaneous Income ................ hs
Gross Profit .............
Seneral Expense ...............
Net INCOME oeeeeeeeennnen.
[Interest and Income Tax.......
$231,626
43,761
$275,386
66,974
$208,412
83,474
Net Profit coves: $124,937
Preferred Dividends ........ 150,525
SUTPIUS FOr the Year. ooo eeaeeemeeanneennnneeenannaeaneeeeenene = $25,588
—Deficit.
BALANCE SHEET. As of Dec. 31, 1929
ASSETS LIABILITIES
Notes Payable .ocoeeveeemmcnnne..... $2,125,775
Acels. Payable assesses 95,701
Faxes Accrued ..ooocooeeeeeamnnn.. 66,025
nterest Accrued .._............. 24,265
ncome Tax Reserve.............. 15.500
DAN cm rssisssmssrissts smo d 6,802
Accts. Receivable ....... ............. 825,973
‘nventories ...... cemeeeeeee 3,185,972
Total Current Assets..............$4,018,747
investments .ooceeeceiiieiiieneeneea.d 11,916
Property and Equipment............ 4,383,589
Organization Expenses ........... 28,140
Deferred Charges .....cccoceceeeeeeee- 39,405
TOTAL ASSETS cc... %8.481.797
Total Current Liabilities......$2,327,266
Purchase Money Obligations...$§ £4,500
Capital Stock meeeieeeeeeeeenenn. 4,912,500
Surplus & Undiv. Profits............ 1,159,531
TOTAL LIABILITIES ............$8,481,797
ALASKA PACKERS ASSOCIATION
GENERAL OFFICE: 85 Second St. San Francisco, Calif.
HISTORY: Incorporated under laws of California, Feb. 9, 1893, for the purpose
>f canning and distributing salmon. The company is controlled by the California
Packing Corporation, through ownership of over 79% of the capital stock.
BUSINESS: Engaged in the salmon packing industry, company owns 14 can-
neries, 13 of which are located in Alaska, and in addition maintains and operates
its own fleet of fishing and freight vessels.
PROPERTY: Thirteen canneries and hatchery are owned in Alaska; one on
Puget Sound, Wash. Several stations are maintained where fish are salted.
Company owns 10 sailing ships, 5 steam ships, 63 cannery tenders, and much
miscellaneous equipment. Also owns 90 acres of Alameda, Calif, waterfront
property with improvements. and 2.187 acres farm land at West Sacramento,
alif.
OFFICERS: R. J. Bently, Chm. of Bd.; Will Timson, Pres.; A. K. Tichenor, Vice
Pres.; C. A. Iverson, Vice Pres.; B. R. Hart, Vice Pres.; W. D. Motts, Sec'y-Treas.
DIRECTORS: H. F. Fortman, Wm. Timson, B. D. Adanson, R. J. Bently, F. B.
Anderson, A. K. Tichner, R. L. Pratt, I. A. Woolams, A. M. Lester. L. EE. Wood.
J. K. Armsby, B. R. Hart, W. D. Motts.
FENERAL AUDITORS: Price, Waterhouse & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Tues. in Jan.
CAPITALIZATION: Par Value Authorized Outstanding
Capital Stock _.... $100 $7,500,000 5,750,800
share: 1919, $25; 1920, $20, all in Lib-
arty bonds.
Ex-Dividend Date: Last day of Jan,
Apr., July, Oct.
Registrar: Wells, Fargo Bank and
"MTnion Trust Co., San Francisco.
Listed on: San Francisco Stock Ex-
zhange.
Price Range:
1929 1928 1927 1926 1925 1924
High .... 200 170 185 185 185 180
l,ow _.__ 168 160 160 160 175 150
Ownership: California Packing Cor-
poration owns 45,471 shares of the 57,-
»08 shares outstanding.
Dividends: 1894 to 1901, incl, 75c
per share paid monthly; 1902 to Oect.,
19 Oct.,, 1904, incl.,, $1 monthly; Nov.
1904, to Sept. 1905, 75¢ monthly; Feb.
1910 to Nov, 1916, $6 per annum; Feb.
1917 to date, $8 per annum paid quar-
erly, Feb., May, Aug., Nov. 10.
Extra Dividends: $2 per share paid
Feb. of each year, 1917 to date, except
1926. Special dividends. 1918. $20 per