Full text: Thomson's manual of Pacific Northwest finance

‘19 
Mill: Company owns a 20-cell minerals-separation flotation unit, with 
present capacity of 200 tons daily. 
OFFICERS: Donald A. Callahan, Pres.; M. G. Rodearmel, Vice-Pres.; C. WwW, 
Newton, Secy.-Treas. & Gen. Mgr. 
DIRECTORS: Donald A. Callahan, Wallace, Idaho; M. G. Rodearmel, Minneapolis, 
Minn.; C. W. Newton, Wallace, Idaho; John Borg, Hackensack, N.J.; Joseph B. 
Cotton, New York City; Chas. H. Borg, Englewood, N.J.; Gust Carlson, Duluth, 
Minn.; John S. Macnie, Minneapolis, Minn.; Max T. Smith, Wallace, Idaho. 
Fiseal Year Ends: Dec. 31. 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized Outstanding 
$10 $10,000,000 $7,245,920 
Transfer Agent: Title Guarantee & 
Trust Co., New York. 
Registrar: Registrar & Transfer Co.. 
New York. 
Capital Stock ...ccoeeneneee. 
Details: Capital stock increased from 
$5,000,000 to $10,000,000 in 1922. 
Dividends: 1915, $5.50; 1916, $6- 
$2.50; 1918, $1.25; 1919, none: 19:9. 
none since. 
COMPARATIVE INCOME STATEMENT, Years Ending Dec, 31 
qQ92q9 ey 
1927 
340,881 
750,555 
18.207 
Gross Revenue .... . 
Cost of Production........... .... 
General & Maintenance Ex p....... 
Net Earnings ....... 
Other Income .. 
Income Before Depletion ........ 
Deficit. 
BALANCE SHEET, Ax of Dec. 31, 1926 
ASSETS IAD! 
TITIES 
Property Account . 
Cash ...ccoeee.. © 
Accts. Recei' 
Marketable Se: ~~ 
Supplies aceececeeaeaes 
Stocks in Other Comt 
Prepaid Expense 
Deficit 
$5,436,313 
15,632 
0,327 
6,430 
1,127 
0,812 
.,994 
nag, 163 
RO70. 799 
Capital Stock .......... ce .....$5,693,321 
Depletion and Deprecic“ mn... 2,365,748 
Taxes and Wages........... co. .... 5,826 
Accounts Payable .................... 6,905 
TOTAL LIABILITIES ...........$8.070.799 
TOTAI, ASSET 
THE CONSOLIDATED MINING & SMELTING CO. OF CANADA. LTD. 
GENERAL OFFICE: Trail, British Columbia. 
HISTORY: Incorporated under laws of Dominion of Canada, Jan. 1, 1906. A con- 
solidation of War Eagle Consolidated Mining & Development Co., Ltd., St. Eugene 
Consolidated Mining Co., Centre Star Mining Co. and Rossland Power Co. and the 
smelter at Trail, B. C. . 
In 1911 the Fort Steele Mining & Smelting Co. was acquired, including the 
Sullivan mine. 
In 1916 the West Kootenay Power & Light Co. was acquired. 
couver Island, were acquired. 
In 1919. controlling interests in the Sunloch and Coast copper mines. on Van- 
In 1924, the Silver King mine was acquired. 
In 1927, 51% interest in George Copper Mining Co., on Portland Canal, was 
acauired, and in 1929, 429%, making total of 93% held by the company. ] 
In 1927, the company, through the formation of the Buena Vista Mining Co, 
took over development of property on Portland Canal, B. C.,, owned by the Big 
Missouri Mining Co. 53% of Buena Vista belongs to the company and 47% to 
the Big Missouri Mining Co. 
In 1929, development bond was taken on the property of Iva Fern Mines, 
Ltd., Nelson, B. C. 
BUSINESS: Company owns and operates mines, smelters, concentrators and 
hydro-electric plants, being one of the principal producers of non-ferrous metals 
in Canada. In addition to smelting and concentratig its own ore, companv con- 
ducts a custom business. 
PROPERTY: Company's smelter at Trail, B. C., has daily capacity of 300 tons 
of copper ore; 1,500 tons lead ore and concentrator capacity of 2,400 tons daily. 
At Kimberley, B. C., company operates a smelter with daily capacity of 6.000 tons 
of lead and zinc ore. 
. Company's principal operating mine is the Sullivan mine in the Fort Steele 
division of B. C.. which produces 5.000 tons of lead-zinc ore daily
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.