$82

THOMSON'S MANUAL
2. 6% CUMULATIVE PREFERRED STOCK

Provisions: Shares equally with 7%
Preferred, preference as to assets and
dividends. Entitled to 6% cumulative
dividends and in liquidation is entitled
to $110 a share.
Sinking Fund: Annual payments to
a sinking fund, starting July 1, 1933, in
an amount sufficient to retire 2% of
the largest amount at any time outstanding.

Callable: At $110, on any dividend
date, on 60 days’ notice.
Voting Power: No vote except in default
 of six quarterly dividends, when
the holders of both classes of Preferred
have the exclusive right to elect directors.


Dividends: Payable quarterly, Jan. 1,
etc.,, 6% per annum. Initial dividend
Joly 1, 1928. Paid regularly to May,
Transfer Agent: Chase National
Bank, New York City.
Registrar: Bank of America, N. A.
New York City.
Public Offering: 2,000,000 shares by
E. A. Pierce & Co. and Merrill, Lynch
& Co., New York, in Jan. 1930, at 96.
Listed on: New York Stock Exchange.

Price Range: *1930 1929 1928
High .eeceee 997% 101 97
| 970)" 94 85 95
*To May 30.
+« COMMON STOCK
Details: Authorized Common stock split-up. Beginning Jan. 1, 1930, $5 per
was increased from 60,000 shares to 75,- share per annum, or 5% in stock at
000 ET 1926; 0 8008 holder's option.
shares to y shares Feb. v ' > . dtd
and from 150,000 shares to 1,500,000 ‘Trangrer Anents hase Natianal
Bank, New York City.
shares Oct. 15, 1928, and was exchanged i . Kk A i” A
»n the basis of five new shares for each Registrar: Bank of America, N. A,
51d share. New York City,
Voting Power: Sole voting power, Listed on: New York Stock Exunless
 Preferred dividends are in ar- change.
“ears. Price Range: *1930 1929 1928
Dividends: Payable quarterly, Jan. High .ccveeeeeeee.. 12234 1951; 2013
1, ete. $9.50 paid in 1927; $11.50 in Low ................. 88 9014 1481
1928: $3.00 in 1929, after five for one *To May 30.
EARNING STATISTICS
Net Income
Total After Costs, Exp. Dividends
Sales Deprec., Taxes Paid
eeennn $ 50,536,513 $1,480,685 $ 546,797
eons 69,573,685 1,906,674 823,336
2020 103,303,598 3,505,098 1,592,642
2660 213.496.255 6.147.313 2,763,391

cor’
ASSETS

“VRE CONSOLIDATED RALANCE SHEET, As of Dec. 31
1929 1928
200.981 v 5,835,030
oo. 830,769
4 249.087 15.663.601

CAS cece esereamee semen nam nema mmae aman enees
Accounts and Notes Receivable...
[nventories ...

Total Current Assets. eeene—————
[J]. 8. Treasury NOLES. .....ccsimsisirmsniossmsms sits samsssnresmseresmmenssny con
Prepaid Expenses and Charges. ........orerreeiineencecceiiinnes
Investments and Advances oii eee pees
Treasury Stock ..... eevemeeeeameeresceemassesemesmncts sevememnsee
Total Fixed Assets............ remmnm em ARAL —_—
LSS DeDTECIATION eee eee ceeemeeceni senna er meeeee eae msms nnn enennnennnnn
TOTAL ASSETS ooo enmrasensaenanieenenmmnnn nn 94 TTT

Ae 89
be

$22,329,400
303,437
292,646
437,185
579,677
11,621,342
2,811,390
$32,652,297

999

x 1958

LIABILITIES-Notes
 Payable ....... e—ean A
Accounts Payable ..... . eee eienm—m—eemeeaanananeee
Sundry Notes Payable... iieoeeeie cecaccemneeennn mene s ence
Accrued Liabilities and Federal TaX.......ccoimiimmommeennenes
(fash Dividends Pavable _ ee mmememeoneeneenseeseemeeseeenen on nonn

2,665,000
.376,602
45,434
.482,843
288 154

3,069,714
101,097
,317,016
E52 649

Total Current Liabilities PT
Deposits on Leases............. meevenaeiannnnan eee
Mortgage on Real Estate ___........ A —
Funded Debt Subsidiary Companies... .cooceccivricarmmuemmceecmaees
Preferred Stock Subsidiary Companies... .creienenees
Stock Dividends Payable eemnanes
1% Preferred Stock ........ ER
3% Preferred  ........ . cose os eeeememmeeeeemeneeeneeneonae
Common Stock .......... eee eeoemomenearenneeneer———nan
Harned Surplus ..... enema nasa RRR

e

8.655,936
17,670
220,500
183,500
200,400
593,278
,598,400
..915,000
10,016,906
7.213.604
‘7 715 144K

§ 5,040,476
14,766
259,000
439,500
234.250
1,745,200
3,915,000
14,174,423
3,829,682
£2929 859 997

TOTAT, I.TARITLLITTES