Full text : Thomson's manual of Pacific Northwest finance

LIABILITIES—
Current Liabilitie-Notes
 Payable ..........
Accounts Payable .
Accident Awards .......
Misc. Tax Reserves..............
All other liabilities, ine¢! °

Total Current Lic’
Common Stock ..
Preferred Stock ..
Normal Surplus ......
Revaluation Surplus ...
TOTAL LITIABILITIFEF

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620.000

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25,000
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BUTTE COPPER AND ZINC COMT

GENERAL OFFICE: Butte, Montana.
EXECUTIVE OFFICE: 42 Broadway, New York City.
HISTORY: Incorporated under laws of Maine, Nov. 22, 1904.
PROPERTY: Owns total of 108 acres, located in center of city of Butte, Mont,
along the Black Chief vein.
Property is operated under lease by Anaconda Copper Co., which receives
50% of net earnings.
SHIPMENTS: 1925, 156,997 tons; 1926, 146,988 tons; 1927, 145,853 tons; 1928, 154,-869
 tons; 1929, 161,941 tons.
OFFICERS: A. J. Seligman, Pres.; Albert Fries, Vice Pres.; A. lL. Bailey, Sec'v.
Treas.
GENERAL AUDITORS: Pogson, Peloubet & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: 3rd Wed. in March.
CAPITALIZATIO™ Par Value Authorized
Capital Stock ....... $5 $3.000,000
Details: Anaconda Copper Co. owns
$798,500 of capital stock.
Dividends: 1918, 50c; 1923 to 1926,
‘nel, 50c annually; 1929, 50c.
Transfer Agent: Bankers Trust Co,
New York.
Registrar: New York Trust Co,
COMPARATIVE INCOME STATEW

Outstanding
€3.000.000

Ex-1927

Fi
“4

Income from Operations
Other Income .....

Total Income ......... ...
Expenses and Taxes ..........

Net Tncome

BALANCE SHEET,
ASSETS

Plant and Equipment..................$ 100,000
Mines & Mining Claims............ 3,364,886
Accounts Receivable ___...____... 8,652
Investments viene. 190,925
Cash . eens 14.824
TOTAT., ASSETS]. e292 67Q 9287

Nn

. Dec. 31, 191¢

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Capital Stock ......
Depreciation Reserve ......
Accts. Payable, etc.
Profit & Loss Surplus...
TOTAL LIABILITIES ............$3.679.,287

..$3,000,000
.... 100,000
14,668
564.619

BUTTE & SUPERIOR MINING COMPANY

GENERAL OFFICE: Butte, Montana.
HISTORY: Incorporated under laws of Arizona, Oct. 2, 1906, as Butte & Superior
 Copper Co. Name changed in 1916. In 1924 acquired Butte-New York
Copper Co. In 1928 acquired North Butte Extension Development Co.
BUSINESS: Mining zinc and copper ore. Company's mill was dismantled in
1924 and since that date ore has been sold or shipped to custom smelters
PROPERTY: 321 acres in north central Butte mining area.
DEVELOPMENT: 22,879 ft. of drifts and cross-cuts; 4,554 ft. of rises; total, 27.-433
 feet.
ORE RESERVES: Dec. 21. 1929 estimated at 183.048 tons of zinc ore.
            
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