332 
THOMSON'S MANUAL 
LIABILITIES— 
CADILAL BEOCK. covssrnmsssmsssmmsimssnsssnmisnniisinssasosnssmsminibesssmsesmrsemmsrenmsnin§ 2, 344,673 
Contracts Payable—Long Term... eee 65,875 
Funded Debt cmos eeeeeerevesemnnnnsemeeammnncsnasasamemcnaneseeeeceee 1,112,500 
Municipal Assessments o.oo 33.651 
Current Liabilities— 
Accounts Payable eee 
Contracts Payable oo iiiiriceee eee i 
Accrued Payrolls ieee eerste nen 
TAX RESEIVE eimai Pe 
Accrued Interest ...... 
Total Current Liabilities ...c..ooocoiviiarannnnns 
TOTAL LIABILITIES .... senennmaniniifin mn RRA ERAT, 
Net Working Capital eee ieee 
Ratio Cur. Assets to Cur. Liabilities...... eeanen 
$2,475,622 
1,162,500 
35 438 
29,398 
62,375 
12,743 
88,775 
25,611 
129,201 
67,620 
22.444 
218,902 
219,265 
975,601 
652,842 
3.98:1 
$3,892,825 
723.645 
4.3:1 
FUNDED DEBT, As of Dec. 31, 1929 
First Mortgage Rate Dated Due Authorized Outstanding 
old Bonds ......... ~ . 7% 10-7-24 1927-39 $1,250,000 $1,112,500 
Interest Payable: April and Oct. 1, 
2t U. S. Nat. Bank, Portland, Ore. or 
American Trust Co., Portland, Ore. 
Principal Payable: Oct. 1, each year; 
1927, $40,000; 1928, $45,000; 1929-30, 
$50,000 each; 1931, $55,000; 1932-33, $60,- 
000 each; 1934-35, $70,000 each; 1936, 
$80,000; 1937-38, $85,000 each; 1939, 
$500,000. 
Trustee & Registrar: Equitable Trust 
To., Portland, Ore. 
Registerable: As to principal. 
Denominations: $100, $500 and $1,000. 
Callable: On 30 days’ notice in re- 
verse order at 1021% up to 1929, and 
4% less each year thereafter. 
Tax Status: Company pays normal 
Federal income tax up to 2%. 
Security: First closed mortgage on 
antire property. Net quick assets must 
Je maintained at not less than $500,000 
and in no event may quick assets 
amount to less than current liabilities. 
Other Details: Annual dividends on 
stock are limited to $6.00 per share, 
saxcept when an equal amount is used 
0 call bonds. 
Offered by: Ralph Schneelock Co, 
freeman, Smith & Camp Co. and Lum- 
sermen’s Trust, Portland, Ore. Nov. 
924, at 100. 
Listed on: Portland Stock Exchange. 
Price Range: = *1930 1929 1928 
Heh coors een 97 9815 98 
LOW wesssimspinssssmusmpopanen 89 89 89 
To June 1, 1930. 
DOMINION TUG & BARGE COMPANY, Limited 
GENERAL OFFICE: Vancouver, B. C. 
HISTORY: Incorporated under laws of British Columbia, 1927, acquiring assets 
»f the B. C. Towage & Lighterage, Ltd., International Towing Co, Ltd., and Old 
Dominion Tug & Barge Co., Ltd. 
BUSINESS: Operates general towing and lighterage business in British Colum- 
sia waters. 
PROPERTY: Owns 8 tugs and 20 scows. In 1927 replacement value on entire 
fleet was placed at $536,000 and sound value at $402,500. . 
MANAGEMENT: Company is managed by the Pacific (Coyle) Navigation Co., 
Limited. 
CAPITALIZATION: 
Tommon Stock .... 
Par Value Authorized Outstanding 
eee $100 $250.000 $233,500 
FUNDED DEBT 
First Mortgage Sinking Rate Dated Due Authorized Outstanding 
Fund 20-Year Bonds..........cccoeeeeee. 1% 4-1-27 4-1-417 $300.000 $225,000 
Interest Payable: Semi-annually, 
Apr. and Oct. 1, at The Bank of Mon- 
‘real. 
Trustee: Royal Trust Co., Vancou- 
rer, B. C. 
Registerable: As to principal (cou- 
nn bonds). 
Denominations: $1,000 and $500. 
Callable: As a whole or in part on 
any interest date on 60 days’ notice, 
nt 105 and accrued interest.