Full text : Thomson's manual of Pacific Northwest finance

GRANBY CONSOLIDATED MINING, SMELTING & POWER (CO., Ltd.
GENERAL OFFICE: 789% West Pender St., Vancouver, B. C.
EXECUTIVE OFFICE: 25 Broad St.,, New York City.
HISTORY: Incorporated under laws of British Columbia, March 29, 1901. Acquired
 properties and assets of Ironsides Mining Co., Knob Hill Gold Mining
Co., Ltd., Gray Eagle Gold Mining Co., Ltd., Granby Consolidated Mining and
Smelting Co., Ltd., and Grand Forks Water Power & Light Co.
Company later acquired Snowshoe Gold & Copper Mines, Ltd, Hidden Creek
Copper Co. and part interest in Crow's Nest Pass Coal Co., Ltd.
In 1923 acquired control of Allenby Copper Co.
DPERATIONS: Company operates Hidden Creek mine on Portland Canal and
smelter at Anyox, B. C. Operates Copper Mountain mine, near Princeton, B. C,
and concentration at Allenby, also near Princeton. Operates colliery at Nanaimo.
Vancouver Island and also at Fernie, B. C.
SUBSIDIARIES: Hidden Creek mine at Anyox, B. C.; coal and colliery plant on
Vancouver Island, Allenby Copper Co., Granby Metals Corp. Crow's Nest Pass
Coal Co., Litd., half interest Coastwise Steamship & Barge Co. Ltd.
OFFICERS: Charles Hayden, Chairman of Board: Charles Bocking, Pres.; H.
Harvey. Sec'y.; H. R. Plommer, Treas.
DIRECTORS: Charles Hayden, Charles Bocking, J. B. Beaty, N. L.. Amster, Edwin
 Thorne, R. P. Butchart, D. C. Jackling, A. J. Ronaghan, J. R. Dillon.
EXECUTIVE COMMITTEE: N. L. Amster, Chairman; Charles Hayden, J. B.
Beaty, A. J. Ronaghan.
GENERAL AUDITORS: Peat, Marwick, Mitchell
Fiscal Year Ends: Dec. 31. Annual Meeting:
Number of Employees: 2,000 in 1928
CAPITALIZATION:
Capital Stock ....
Dividends: 1910, 29; 1911-12. none;
1913, 3%; 1914, 69%; 1915, none; 1916,
6%; 1917, 8%: quarterly rate increased
to 2%9% in Jan. 1917; thereafter until
May, 1919, when 114 9% paid; none thereafter.
 Distributions from depreciation
reserve, 1927, 3%; 1928, 1%; 1929, 79%.
Transfer Agents: Title Guarantee &
COMPARATIVE INCOME ACCOUNT, Years Ending Dee. 31
‘929 1928 1927
"a € 942,297 2.411,949
© 091,1%¢ 5,597,482
521.29F 332,239

1926
8,718,232
3,337,521
379,247

Net Earning
Other Income

Q

3
2
0

#1,4565,L28
~1 38

n

fn

Total Income
Interest ................
Depreciation ...

5 0

Profit .....
Depletion .....

Surplus
Dividends

Surplus...
-Deficit

"

CONSOLIDATED RB “LANCE SHEET, As o
1929 1928
3.848.916 1,633,999
6,307,459 7,406,168
579,056 579,056
3,969,308 24,106
? 560.857 14,642
102,297 "£507
39.763 Tons

ASSETS—
Mines and L.ands............
Plant and Equipment.
Securities .......oooooocoeeeooon.
Cash and Call Loans. .
Inventories .........oo..o......
Accounts Receivable ........ ...
Deferred and Prepaid Ttems......

TOTAT, ASS"
LIAPTF.JT»
Capital Stoc'-Bonds
 .........o.........
Accounts Payable _..
Accrued Liabilities ....
Deficit .ooeeeoieeeea
TOTAT, LIABILITIES

7 107 656

SQ 259

™~

25,99¢
290 9.

N7 RRA

Dec. Hi
1927
5,410,257
8,640,885
579.056
698,074
688,832
101,981
IER TRY

5 1

1926
6.338.299
9,608,116
579,056
1,308,957
238,681
12,672
24.353

0

La)
ne
02
J
38s

2
            
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