Full text : Thomson's manual of Pacific Northwest finance

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THOMSON'S MANUAL
BUNKER HILL & SULLIVAN MINING & CONCENTRATING CO.

GENERAL OFFICE: Kellogg, Idaho.
HISTORY: Incorporated under laws of Delaware, March, 1924, succeeding a company
 originally organized in Oregon in 1885.
BUSINESS: Company owns and operates lead and zinc mine and smelter in the
Coeur d'Alene mining district, at Kellogg, Idaho.
PRODUCTION: From May, 1886, to Dec. 31, 1929, company mined 13,009,945 tons
of ore, with total gross assay value of $156,637,496. The net returns of the smelter
 were $97,047,218, with net operating profit of $54,268,149. Total paid in dividends,
 $45,781,552.
OFFICERS: F. W. Bradley, Pres.; Stanly A. Easton, 1st Vice Pres.; D. J. Murphy,
 2nd Vice Pres.; Wm. H. Crocker, Treas.; C. A. Norris, 3rd Vice Pres. & Asst.
Treas.: J. W. Crosby, Sec’y.; F. W. Van Meter, Asst. Sec’y. & Auditor.
DIRECTORS: F. W. Bradley, Wm. H. Crocker, S. A. Easton, D. J. Murphy. Wm.
Houghteling.
MANAGER: Stanly A. Easton," Kellogg, Idaho.
GENERAL COUNSEL: Wm. E. Colby, San Francisco.
Fiscal Year Ends: Dec. 31. Annual Meeting: 4th Tues. in March.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized Outstanding
I. 69% Cum. Preferred Stock....ccceeccc... $100 $2,000,000 $774,400
2. Common StocK ceri mrriieeeenee $10 $3,270,000 $£3,270.000
1. 6% CUMULATIVE PREFERRED STOCK
Provisions: Entitled to 6% per an- dends, in liquidation.
num cumulative dividend, payable quar- Callable: As a whole or in part at
terly, plus amount in excess of $1.50 any time at $110.
per share paid on Common stock dur- Dividends: $2 per share, paid quaring
 previous quarter. If stock is held terly.
by employee, at least 50 cents per Ex-Dividend Date: Jan. Apr., July,
share per quarter extra is paid, re- Oct. 1.
gardless of amount paid on Common. Transfer Agent: The Company, Crock-Entitled
 to $110 plus accrued divi- er Bldg. San Francisco.
2. COMMON STOCK
Voting Trust: 201,2561% shares of Ex-Dividend: 4th Tuesday of precomman
 Jrock 0 Yoiing truss ex- vious month.
piring July , v oting trustees: : :
F. W. Bradley, S .A. Eaton, Wm. Transfer Agent: The Company k
Houghteling, D. J. Murphy, C. R. John- Listed: On Spokane Standard Stoc
son. Exchange. Dealt in on Seatle Curb Ex-Dividends:
 Payable monthly, on 5th change and New York Curb.
of the month: 1916, $5.25; 1917, f¢ Price Range: *1930 1929 1928 1927
1918, $4.75; 1919, $3.50; 1920, $6; 1921, $. High .ceeceeeeeo 100 165 160 156
1922, $3.25; 1923, $5; 1924. $6: 1925 to LOW .orcececnennes 65 981; 108% 67%
1929. incl., $9 per annum. *To July 1.
COMPARAMIVE INCOME STATEMENT, Years Ending Dee. 31
099 1928 1927
and 67 $6,932,271
STE hou 4,365,082
$2,567,189
789,961
$3,357,150
698,163
$2,658,987
50,628
2,943,000
EY 1 334.641
Dec. 31
1927
$43,742,388

Net INCOME wrecee + + eveevemcanneennnnen 2 ES
Preferred Dividends ....cccoccinmnnens -
Common Dividends «oooeeemrereremnresascasceeeee 2 227
Deficit for year........ Co eeeeneeeees 079,967
COMPARATIVE CONSOLIDATED BAL ANC ~ 3IIED 7 we ws
ASSETS— 1929 o
Capital ASSetS ..o.coeveeoroeeeemeeeereeaeeceeecennen- $47,677,851 46,495,61F
Current Assets:
CaASN oer a erence rman nnn nares
Accounts Receivable a.m
Notes Receivable .........
Accrued Interest oie
Becurities at QCoBt.....ocemimsmevimmsssnsansss
Inventories ......... - elim
Deferred Charges .. I.

91,913
919,885
176,524
25,954
1,676,284
1,706,778
22 038

Total Current Assets... __
Other Assets .... means
TOTAL ASSETS ooo =E1193.55(

o. 0,380
265.694

R00 Yr

$48 538.463
            
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