326

THOMSON'S MANUAL
CARMAN MANUFACTURING COMPANY

GENERAL OFFICE: Tacoma, Wash.
BRANCH OFFICES: Seattle and Spokane, Wash.; Portland, Ore.
HISTORY: Incorporated under laws of Washington, 1891. Business established
in 1889. ’
RUSINESS: Manufactures furniture, iron beds, bed springs and mattresses.
PROPERTY: Operates four factories located at Tacoma, Seattle and Spokane,
Wash., and Portland, Ore.
DFFICERS AND DIRECTORS: J. L. Carman, Pres. and Treas.; H. E. Pickel, Vice
ores.; J. W. Tibbits, Sec’y.
SENERAL AUDITORS: Peat, Marwich, Mitchell & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in Jan.
Par Value Authorized Outstanding
Common Stock .......... wrsneeene 3300 $1,000,000 $1,000,000
Details: Very closely held—5 stock- Dividends: Paid 10% in 1927 and
nolders Dec. 31, 1929. 1928.
COMPARATIVE BALANCE SHEET, As of Dec. 31
1929 1928
212,198 $ 211,934
‘82,200 183,200
24,656 154,878
5,827 8,348
200 000 350.000

Property Account oii rmeeeneeand
INVESTMENTS cooeercicet creer cree oie
Due from Employees aes
Prepaid Expenses .....coocceeeeoe.
Notes Receivable oie.
Current Assets:
CASH oe evmaccen enn ee esac sm reemammenme so nnenas
Notes and Accounts Receivable...........
Life Insurance, cash value...
Inventories ......

1927
392,454
249,074
172,299
10,782
3.625

“25
95
nE

28,475
170,308
18,751
297 997

5,854
193,891
S94 468

Total Current Assets. ..ooomieeen ®
TOTAL ASSETS ooeoeeeeeceeeeeeneeeeeeeeeemeee 9 1,250.6 €
LIABILITIES
Capital Stock .... eeereenne-$1,000,000
Current Liabilities"
Notes Payable ... . erm aenanaas
Accounts Payable iii
Accruals eee... meee SN
Tax Reserve ..........
Total Current Liabilities _..._.

715,631
-£3.891

5 734.213
$1.562.447

7.000,000
190.137

51,000,000
296.512

17Q9

228,133
77,129
17,672
3,001
3 325.935
$1,562,447
408,278
2.3:1
£123.65

TOTAL LIABILITIES ...cccceeeeeel
Net Working Capital oomiaimeeeeees
Ratio, Cur. Assets to Cur. Liabilities...
Book Value Common ShareS..c.....  aceccccceeees

oa

197 .

CARSTENS PACKING COMPANY

GENERAL OFFICE: Tacoma, Wash,
HISTORY: Incorporated under laws of Maine, Feb. 22, 1904
BUSINESS: Meat packing and allied products, distributed under “T. C.” brand.
PROPERTY: Packing plants and yards located at Tacoma, Seattle and Spokane,
Wash. Operates markets in 24 cities in Pacific Northwest.
DFFICERS: Thomas Carstens, Pres.: Henry Wolff, Vice Pres.: R. E. Pirie. Sec'v
and Treas.: E. L. Phipps, Supt.; W. H. Wells, Asst. Gen. Mgr.
DIRECTORS: Thomas Carstens, Henry Wolff, Blake Wilson.
GENERAL AUDITORS: Smith, Robertson & Co., Seattle.
Fiscal Year Ends: Sept. 30. Annual Meeting: In Feb.
Number of Employees: Dec. 31, 1929. 600.
CAPITALIZATION, As of Dec. 31, 1829
Par Value Authorized
7% Cum. Preferred Stock............ 3100 $500,000
Common Stock Co .._B100 $1.000.000

Qutstanding
$183,200
1 000.000

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