Full text : Thomson's manual of Pacific Northwest finance

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21

EAST BUTTE COPPER MINING COMPANY
GENERAL OFFICE: Butte, Montana.
EXECUTIVE OFFICES: 85 Devonshire St., Boston.
HISTORY: Incorporated under laws of Arizona, Nov. 2, 1905.
PROPERTY, ETC.: The Dutton claims, comprising 132 acres in the Butte Mining
 area. Company owns 260 acres of lime quarries at Limespur, 40 miles east
of Butte.
SUBSIDIARIES: 929 stock of Pittsmont Copper Co.; 619% stock of Tonopah
Western Consolidated Mining Co. 1922 purchased Dives Pelican group of silver
lead mines.
OFFICERS: R. H. Grass, Pres.; P. F. Beaudin, Vice Pres. & Gen. Mgr.; W. P.
Everts, Sec’y.; Frank P. Son, Treas. & Asst. Sec'y.; L.. A. Thulin, Asst. Treas.
DIRECTORS: R. H. Grass, F. P. Son, W. P. Everts, Stephen Paine, FF. W. Paine,
D. H. Grass, P. F. Beaudin.
Fiscal Year Ends: Dec. 31. Annual Meeting: 1st Mon. in April.
CAPITALIZATIOT -ar Value Authorized Outstanding
Common Stock .... +10 $6,000,000 $4,248,870
Registrar: Federal National Bank,
Boston. :
Listed on: Boston Stock Exchange.
Price Ran ¢-g
 <enf 1027 1926 1925
EEA 1A

Dividends: Initial dividend of $1 per
share paid June, 1917; Dec. 24, 1917, $1
per share; 1918, $1.50; 1919, 50c¢, and
thereafter to Dec. 21, 1929, 25c¢ paid.
Transfer Agent: Boston Safe Depos-'t
 & Trust Co., Boston.
COMPARATIVE INCOME STATEMNM—®

PT yee

“nding Dee. 31
Q

{

1927
566,263
5,495
£92 nRY0

Gross Revenue ...... ..
Depreciation .........o.ccooeeeeeene..
Dperating Expense ................

Net Income ...._
Deficit

PALANCE SHEET, As of Dec. 31, 1929
LIABILITIES
Capital Stock ........
Accounts Payable
Other Liabilities .....
Deficit ..............

ASSET

Property & Equipment
Accounts Receivable .
Notes Receivable
Cash ..............
U. S. Bonds....._..
Deferred Char—-1,109,975


08,176
.0,000
9,196
2,627
12,529
ee %4.162.508%3

$4,248,870
45,648
216,161
348.175

TOTAT. ASSET

TOTAL LIABILITIES _...........%4.162.503

FEDERAL MINING & SMELTING COMPANY

OPERATING OFFICE: Wallace, Idaho. .
EXECUTIVE OFFICE: 120 Broadway, New York City.
CONTROL: By American Smelting & Refining Co.
HISTORY: Incorporated under laws of Delaware, June 25, 1903. Acquired property
 of Empire State-Idaho Mining & Development Co., Standard Mining Co. in
[daho. Also acquired a smelter at Everett, Wash.,, which was later disposed of.
Company has since acquired numerous properties in the Coeur d'Alene district
 of Idaho.
In 1919 the company entered the Kansas, Missouri, Oklahoma zinc-lead field
by purchasing the Brewster mine in Oklahoma and later numerous other properties
 in the tri-state field.
In 1903 company entered into a contract with the American Smelting & Refining
 Co. to sell the latter the output of its mines. This contract has been extended
 from time to time and is now subject to termination anv time after Aug
31, 1932, on six months’ notice by either partv
PROPERTIES OWNED:
Idaho: Morning, Page-Blackhawk, Independence (leased).
Oklahoma: Brewster, East and West Dobson, Gordon, Lucky Syndicate.
Lucky Bill, Quapaw Davenport.
Kansas: Kansouri, Jarrett, Muncie, Tar Creek, Homestake (1 interest)
Missouri: Granby-American, Granby-Davis.
ENERAL OFFICERS: F. H. Brownell, Pres.; H. A. Guess, Vice Pres. & Managng
 Director; William Loeb. Vice Pres.: F. C. Druding. Treas.: J. L. Martin. Sec'y.:
            
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