THOMSON'S MANUAL 
FUNDED DEBT, As of Dec. 31, 1929 
Rate Dated Due Authorized Outstanding 
1. First Mortgage Bonds.......... 7% 3-1-24 1925-34 $250,000 $154,000 
2. General Mortgage Bonds........ 7% 4-1-25 4-1-35 $200,000 $124,000 
1. FIRST MORTGAGE BONDS 
glraerest Sayable: Semi-annually, mium varying with maturity dates. 
Mar. 1 and Oct. 1. Sinking Fund: Of $25,000 and in- 
rine Payable: $15,000 each Mar. crease from returns on investment. 
an ct. 1. 
Trustee & Registrar: National Bank Tax Status: Company pays normal 
»f Commerce, Seattle. Federal income tax up to 2%. 
Denominations: $100, $500, $1,000. Security: First mortgage on all the 
Callable: Before maturity at pre- physical assets. 
2, GENERAL MORTGAGE BONDS 
interest Payable: Apr. and Oct. 15. Tax Status: Company pays normal 
I'rustee: Skagit National Bank, Mt. Federal income tax up to 2%. 
/ernon. Wash ’ Security: Mortgage on physical as- 
’ ’ sets of Skagit County Dairymen’'s As- 
Denominations: $100, $500, $1,000. sociation, but junior to First Mortgage 
Callable: Bonds are callable. Bonds. 
SMITH CANNERY MACHINES COMPANY 
GENERAL OFFICE: 2423 First Ave. So. Seattle, Wash. 
HISTORY: Incorporated under laws of Washington, having its inception in 1901. 
BUSINESS: Company manufactures machinery used in the salmon packing in- 
justry, the principal product being a machine known as the “Iron Chink,” which 
automatically butchers, cleans and prepares salmon for canning. The develop- 
ment of the salmon industry owes much to this machine, which was invented 
in 1901 by E. A. Smith, one of the founders of the company. 
The company also manufactures other precision machinery for the canning 
ndustry. Its principal market is among fish canneries in Oregon, Washington, 
British Columbia, Alaska and the Orient. 
PW PICERS: Darrah Corbet, Pres.; O. R. Rabel, Vice Pres.; E. A, Strout, Jr., Secy- 
reas. 
DIRECTORS: TU. M. Dickey, Ralph H. Miller, John Wallace, E. H. Waugh. 
CAPITALIZATION: Par Value Authorized Outstanding 
Common Stock . a $1 150,000 shs 148,100shs 
Dividends: Irom Sept. 1908, to Mar, 
1929, total of $517,500 paid, averaging 
17% per annum. Commencing July 15, 
1929, 4c per share paid quarterly, Jan, 
Apr., July and Oct. 15. 
Transfer Agent & F r«istrar: Nation- 
BALANCE SHEET, 
ASSETS 
Equipment, Patents, etc. ............$ 
Marketable Securities _................ 
[nventories ................ + ded BEE 
Accts. & Bills Rec. .......  ..... .. 
Due on Contracts .. -- 
Accrued Interest ....... 
2aSh cee 
Prepaid Insurance ..... 
TOTAT., ASSETS 
23,560 
F000 
DOr 
- 
al Bank of Commerce, Seattle, Wash. 
Public Offering: 90,000 shares by 
Marine National Co., Seattle, March, 
1929. Stock was purchased from indi- 
viduals and did not represent new fi- 
nancing. 
As of Feb. 28, 1929 
LIABILITIES 
“apital Stock aoeeeees ser ciieeceee... $148,100 
Accounts Payable coe. 13,715 
Reserve for TaXesS...ccocreoieeimucramnnnnn 7,731 
Other ReServes .ciccccomccemenmnnns 3,600 
Surnlus cee. eeemmaneonoaenne 10.295 
TOTAT, ILTARILITIES .............3183.441 
BOND VALUE TABLES 
INTEREST TABLES 
BOOKS ON FINANCE 
Will send on approval to any rated firm. | 
Most’ complete stock in Pacific Northwest. : 
THOMSON’S BUSINESS BOOK SERVICE