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 canneries,
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 Libarty
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 Exzhange.
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 Corporation
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 quarerly,
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
