420

THOMSON'S MANUAL

SUBSIDIARY: West Kootenay Power & Light Co. Ltd.; operating three hydroelectric
 plants, with total daily capacity, 170,000 h.p.
OFFICERS: James J. Warren, Pres.; W, L.. Matthews, Vice Pres.; S. G. Blaylock,
Vice Pres. & Gen. Mgr.; T. W. Bingay, Vice Pres. in charge of finances; W. M.
Archibald, Vice Pres. in charge of mines; W. S. Pugh, Vice Pres. in charge of
sales; J. BE. Riley, Sec'y.
DIRECTORS: James J. Warren, J. C. Hodgson, Ross McMaster, Henry Joseph,
E. W. Beatty, Sir Herbert S. Holt, W. A. Black, Montreal; W. L. Matthews, Thayer
Lindsley, F. Gordon Osler, Toronto; S. G. Blaylock, Trail, B. C.; Hon. R. R. Bruce.
A. C. Flumenfelt, Victoria, B. C.; Blake Wilson, Vancouver, B. C.
GENERAL AUDITORS: Helliwell, Maclachlan & Co.
Fiscal Year Ends: Dec. 31. Annual Meeting: April.
CAPITALIZATION, As of Dec. 31, 1929
Par Value Authorized
cee $25 $15,000.000
DETAILS OF STOCK

Subscription Rights: Stockholders of Transfer Agents: The Toronto Genrecord
 May 31, 1930, have right to sub- eral Trusts Corp. Toronto; The Royal
Sorine for 240% ima) Stock a $200 2 Trust Co., Montreal.
share on basis of one for each twenty Registrars: Montreal Trust Co.
held. Stock issued July 15, 1930. Trusts & Guarantee Co., Ltd., Montreal.
Dividends: Jan. 1, 1916, to Oct. 1,
1920, incl, 621% cents quarterly: mone Listed on: Montreal and Toronto
thereafter to Dec., 1923, when $1.50 Stock Exchanges.
was paid; 1924 and 1925, $1.50; 1926, Price Range:
$1.50 and $8 extra; 1927-28-29, $2.50 1929 1928 1927 1926 1925 1924
regular and $10 extra; Jan. 15, 1930, High.... 575 400 265 264% 184 50
$1.25 and $5 extra. Low..... 210 237 2601773 48 30

COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 1928 1927 1926
Gross Sales .ceececememmeceremmeeeaneeeeeean $35,707,220 $34,426,850 $35,747,727 $37,486,910
Cost of Sales & Expense ............... 23,547,169 22,412,58¢ 21,138,785 21,845,029
Net Earnings ... vane 12,7006, <. 5,641,881
Other Income .. R70.00+ 479.172

Total INCOME ovine —
Depreciation and Depletion.........
Interest, Insurance, etc. .................
Employees’ Pension _.. an.
Taxes ___

ner qn,

se 121,053
878.113
227.678
00.000
287.864
“em a8
08,493
6 948 90F

a

Net Income ...............
Dividends coeeee vi ooo

SUrplus eee

A

P<“ 3 Br ue

COMPARATIVE CONSOLIDATED BALANCE SHF °

as of Dee. 31

ASSETS—
Mines and Claims.....ccooooeeenna...
Plants and Equipment...
Inventories .....c........
Materials and Supplies. .....................
Accounts Receivable .................
Dominion Bonds oo...
ABN, nmin ems
Prepaid Items ....
TOTAL ASSETS
LIABILITIES—
Capital Stock ......... em maaeaneennea- $12,751,200
Premium on Stock.. 2,294,520
Accounts Payable ....... 3,977,471
Dividends Payable _. 3,191,337
Reserve for Taxes... 1,046,081
Insurance Reserve . een eens 786,105
Pension Reserve ..... team aem a naaaan 321,446
Property Reserve ..... oie. 2,422,825
Contingent Reserve ..._.... __ 3,000,000
Surplus .. + eeeeeneeen 13,493,459
TOTAL LIABILITIES ..re.. 055,284 4 14

1927
$10,844,370
13,024,850
4,309,161
2,788,960
2,201,931
3,675,601
1,629,340
7.427
$48.381.440

ceeeeenaee $13,767,657
4.633.481
£507,174
1,969,007
" 495,32¢
-,92F

$12,581,584
{2.586.504
5'120,329
© 08,736
0
£
25.953

1928

$E0.412.645

$12,736,575
2,294,520
1,692,198
3,187,406
1,097,008
657,794
306,139
1,194,152
©,000,000
13,247,852
$50.413.645

$12,721,575
2,294,520
2,020,861
3,183,816
1,682,734
560,605
291,561
9,426,072
3,000,000
13,199,696
$48 2381.44