Full text : Thomson's manual of Pacific Northwest finance

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THOMSON'S MANUAL

HECLA MINING COMPANY

GENERAL OFFICE: Wallace, Idaho.
HISTORY: Incorporated under laws of Washington, July, 1898, succeeding an
Idaho corporation of same name, organized in 1891, owning the Hecla and Katie
May claims in Coeur d’Alene mining region.
In 1916, company entered into agreement with Bunker Hill & Sullivan Mining
 Co. for operation of Star Mining Co. and Sullivan Mining Co. on a partnership
 basis.
Company began in 1928 to develop the Union mine in British Columbia.
OFFICERS: James F. McCarthy, Pres.; W. J. C. Wakefield, Vice Pres.; L. E
Hanley, Sec’'y.; Leo J. Hoban, Asst. Sec’'y.; James F. McCarthy, Treas.; L. E. Hanley,
 Asst. Treas.; Leo J. Hoban, Asst. Treas.
DIRECTORS: L. E. Hanley, Wallace, Idaho; Glarence F. Kipp, Milwaukee, Wisc.;
Carl Landsee, Milwaukee, Wisc.; James F. McCarthy, Wallace, Idaho; George P.
Mayer, Milwaukee, Wisc.; E. J. Nolan, Los Angeles, Calif.; W. J. C. Wakefield.
Spokane, Wash. :
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in April.
CAPITALIZATION: Par Value Authorized Outstanding
Capital Stock ........ rmmseanieay BDO . $250,000 $250,000
Dividends: 1913, 32c¢c per sh.; 1914, Registrar: Chatham Phenix Nation-22c¢;
 1915, 56l5h¢c; 191A, "55; 1¢° 7 $1.60; al Bank & Trust Co., New York.
1918, 35c; 1919, 60c; ~. BExrs ?1, 50c; Listed on: Los Angeles Stock Ex-1922,
 95c; 1923, §$. on ow bp 1925, change, New York Curb, Seattle Curb
and 1926, $2; 1927, 1928. 70c; 1929, Price Range:
90c. 1929 1928 1927 1926 1925 1924
Transfer Agent: Security Transfer High... 237% 18 181, 191; 181% 131
and Register Co., New York. Low.... 10 13 128 151%, 121; 854
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31
1929 1928 1927
eeemeennaeany 3,063,3GF cad $3,672,113
een 1,482,61¢ 1,646,802
$2,02F,311
18.485
2,796
R6R,106
23,690
+ 000.000
© 575,690
1.58

Net Income ..........
Common Dividends .....
Surplus for the year... .
Earned. per share Common stock......_... . fi.
COMPARATIVE CONSOLIDATED BALANCE SHEET As of Dec. 31
ASSETS- "29 1928
Cash covvswumsssisniemmistinies "4,338 109,803
Ore in Transit ........... ..6,594 311,927
Accounts Receivable .......... “9,367 16,683
Interest Accrued ...... iii. . 1,064 10,5625
U.S. BOTA cae e eee eee aan emer enna na 2 2,486 1,196,514
Materials and Supplies... .. ne ~55,431 266,406
Insurance Prepaid oan aan a aK] 11,954
IVE SI ONES eee eeeam eee eee enema nen ’ 2,645,578
Property and Plant. ...ooooooooeeeaens ~- 1,134,629
$5.704.019

LIABILITIES—
Taxes Accrued .._...
Accounts Payable ..............._.
Notes Payable oars
CHOTEH) BLOCH comms sori to soe siatnn nn dE HERR EEARRE
Earned Surplus oie eens
TOTAL LIABILITIES

“647 070

146%
2199
2,000
9,000
spat ORF

$ 219,529
128,882
450,000
250,000
4 655.608

$6.474.6"%(

$5 704.0109

HOWE SOUND COMPANY
GENERAL OFFICE: Britannia Beach, British Columbia.
EXECUTIVE OFFICE: 730 5th Ave., New York City.
HISTORY: Incorporated under laws of Maine, Aug. 22, 1903, as holding company.
PROPERTIES: Britannia Mining & Smelting Co., Ltd., located on Howe Sound,
near Vancouver, B. C., equipped to handle 5,000 tons of ore daily.
El Potosi Mining Co., a New Jersey corporation, owning mining properties
in Mexico. . oid
Calera Mining Co. Inc., New Jersey corporation. owning Mexican mining
properties.
            
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