THOMSON'S MANUAL
2. COMMON STOCK
Voting Power: Sole vote except in Registrar: First National Bank of
jefault of Preferred dividends or sink- the City of New York, Minnesota Loan
ing fund payment. & Trust Co., Minneapolis, Minn.
Dividends: Payable quarterly, Feb. Public Offering by: National City
l, ete. Initial payment of 75¢ Nov. 1, Co., June, 1928, at 65.
1928, regularly thereafter to May, 1930. Listed on New York Stock Exchange.
Transfer Agent: National City Bank Price Range: 1929 1928
of New York, First Minneapolis Trust High ..... 8914 8614
Zo., Minneapolis, Minn. Low _._.. ~ 50 643%
. INCOME STATEMENT. Year Ending May 31, 1929
Gross Revenue -.. ...-$123,521,014
Operating Expense .. 117,160,098
6,360,916
120,294
6,481,210
578,084
594,375
1.153,065
4,154,786
7,164
1,065,927
1.058,059
2.023,654
Surplus for the year.......oecemiieceeeeeeee ee .
CONSOLIDATED BALANCE SHEET, As of May 31, 1929
ASSETS LIABILITIES
Notes Payable—Banks ............$
Accounts Payable
Javings Accts. of Employees
Acerned Tames .....cccmemwermeose
Accrued Pref. Dividends..........
Total Current Liabilities....$ 8,998,113
pec. & Contingent Reserves 2,647,729
referred Stock ..... eeeemeeeee 22,025,200
lommon Stock ............ eee 6,944,005
Japital Surplus ............. 6,016,954
Larned Suronlus ....... 2.023 654
CaSh coerce es eeeeeanreneeee$ 3,990,443
Drafts and Acceptances............ 1,617,401
Notes and Accts. Receivable.... 5,776,187
Advances on Grain Purch. etc 428,382
Inventories ......... reeeeeeeee 23,246,241
Total Current Assets............$35,058,654
Prepaid EXpenses o.oocccccccceee... 714,014
Miscell. Assets ..fiiiamaaanaaee 592,532
Land, Bldgs., Equip. eeceeeunnee.. 22,290,454
F0o0dwill, Trademarks, W
arpower Rights, Etc.....
TOTAL ASSETS .coeeennon....358.655.655
TOTAL LIABILITIES .......$58,655,655
Jet Working Capital................ 26,060.541
Ratio, Cur. Assets to Cur. Liab. ...3.9:1
Book Value Common Stoeck............$34.94
GENERAL OFFICE: 503 Pine St. Portland, Ore.
HISTORY: Incorporated under laws of Oregon, 1920 to combine under one oprating
head several laundries in Portland, Ore. .
BUSINESS: Company and its associates handle large volume of laundry busiress
in Portland, Ore.
PROPERTY: Company owns and operates the Troy Laundry, Crystal Laundry,
Yale-Union Laundry, Allyn’s Cleaning and Dyeing Establishment, Troy Garage,
isasshad of Union Laundry. Owns one-half capital stock of the National Launiry
Co.
OFFICERS: Percy G. Allen. Pres. & Gen. Mgr.: J. A. Clancy, Sec'v: F. T. Richards.
Director.
CAPITALIZATION, As of Dec. 31, 1929 i
Par Value Authorized Outstanding
I. 7% Cum. Preferred StocK...ccoeooeeaee.. $100 400,000 $202,000
2. Common StocK ..cccceeeeeeceeencceceeeeeenoo... NO Par 20,000 shs 12,000 shs
839% of the Common stock is held by men directly connected with the business.
COMPARATIVE INCOME STATEMENT, Years Ending Dee. 31
929 1928 1927
-97,200 1,304, ~ $1,291,344
rac RQ 1.128 ¢ 1,134,622
156,822
14 982
HOME SERVICE COMPANY
Net Earnings .
Other Income .......
Total Income ...
TeAeral TAXES cu iomosaminsmssmtomion bm
nterest, Amortization, ete. .........._._..
Net Income
+7 804
.1,174
90'385
a
92 269
RO
££ f£9.765
