INDUSTRIALS
331
COLUMBIA RIVER PACKERS ASSOCIATION, INC.
GENERAL OFFICE: C. R. P. A, Dock, Astoria, Ore.
HISTORY: Incorporated under laws of Oregon, Oct. 24, 1924, to acquire all the
assets of a company of same name, founded Jan. 6, 1899, same being a consoli-
dation of 12 Columbia River salmon canneries. Plant of F. C. Barnes Co., Lake
Bay, Alaska, was acquired in January, 1929.
BUSINESS: Company packs Columbia River and Alaska salmon, distributing its
products, under its own registered brands, through brokers and jobbers, through-
out the world. One brand, “Eureka Star,” dates back ‘to 1879. In addition to
packing chinook salmon, bluebacks, silversides, chums and steelheads, company
does extensive business in frozen sturgeon, shad and steelheads and mild cured
salmon.
PROPERTY: Company owns and operates 6 packing plants at Astoria, Ore.
Ellsworth and Eagle Cliff, Wash.; Nushagak, Chignik and Lake Bay, Alaska.
At Astoria, company operates cold storage plant with capacity for freezing
20 tons of fish each 24 hours and storage for 2,000 tierces of mild cured fish.
Company owns 13 stations on the lower Columbia, equipped for receiving
fresh fish. Fishing rights and grounds are owned or controlled under lease.
Company owns and operates a fleet of ships and boats to serve its Columbia
River and Alaska operations.
OFFICERS: W. L.. Thompson, Pres.; E. W. Thompson, Vice Pres; A. H. Whittle,
Sec'y.; O. A. Wirkkala, Treas.
DIRECTORS: W. L. Thompson, Portland, Ore.; E. W. Thompson, A. H. Whittle,
A. O. Wirkkala, J. A. Roman, Jay Bowerman, all of Astoria, Ore.
GENERAL AUDITORS: Sawtell, Withington & Jacob, Portland, Ore.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Mon. in Dec.
Par Value Authorized Outstanding
..-No Par 80,000 shs 70,160 shs
Ex-Dividend Date: Mar, June, Sept.
and Dec. 10.
Transfer Agent: American Securi-
ties Co., San Francisco.
Registrar: Security Savings & Trust
Co., Portland, Ore; American Trust Co.,
San Francisco.
Listed on: Portland Stock Exchange
and San Francisco Curb Exchange.
_ Trice Range *1930 1929 1928
Earh o..... : 5 181% 26
LiOW crrisinsiimampmnnsnsnse b 81, 18
*To June 30.
Details: In 1928 authorized amount
was changed from 20,000 shares, $100
par value, to 80,000 shares, no par val-
ue, and stockholders were given four
shares of new stock for each old share
held.
Dividends: On old stock, 1926-28,
incl.,, $6 per annum; on new stock, ini-
tial dividend 37% cents paid Feb. 15,
1929, and continued quarterly, Mar.
June, Sept.,, Dec. 20, at annual rate of
$1.50 to date (June 10. 1930).
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1029
Gross Sales Revenue. eS
veneral Expense ........................ EER pes
Dperating EXDENSE@ ooo
1928
22,785,324
£30989
b
ce, 899
Net Earnings .....
Other INCOINE ooo eee eee
Total Income ...oooooooooiiiiii
Interest and Deductions...
n
Net Income ............_....
Common Dividends o.oo...
Surplus for the year........................
Earned. per share Common stock........... .......
COMPARATIVE BALANCE SHEET As of
{.
F003
? °6
Dee. 31
"29
:.995,963
2,920
46,098
58.876
ASSETS—
Plants and Equipment..................... Abn S Ebi ne mame nm mms mmm and
Treasury Bonds ... meet eeateeniememeeeeeesseesesnooeoeenns
Prepayments ............. ERR
Deferred Charges ..... Ammann naman
Current Assets-
BBR coinievmiiiummporen sommes: seesesmr—osoo sana. SEs Et
Accounts and Notes Receivable...
Inventories oT
Advance to Fishermen..............................
Reserve for Interest.
Total Current Assets...
TOTAL ASSETS .._. e297. pis
Ces
%.835,454
2,920
49,804
81 727
"? 263
212
781
442
044
. 082
6,089
3 9593
9
we 1
0
52 R92 KOE
