THOMSON'S MANUAL 
3. COMMON STOCK 
Ownership: All but directors’ qual- er & Light Co. 
ifying shares owned by American Pow- Dividends: Not announced. 
COMPARATIVE INCOME STATEMENT, Years Ending Dec. 31 
1929 1928 1927 
Gross Earnings ...oceee-$: 55,694 $4,594,350 CE 76 TR2 
Operating Exp. & Taxes... 2 427.412 2,408,325 2,19" 
Net Earnings een $a, € €or oaoe 
Other INCOME .omiciemiiamnnnns > 
Total Income ....oooccmneene 
Interest on Bonds. ............ 
Other Int., Deductions... 
Balance .cccoeeeeceomemccecmenas $e 
Dividends on Pref. Stock 
Balance .ssoommomm 
Depreciation Reserve 
Balance ....cocicececoovemmmrennan- Lat 5 
Earned, per share Pfd......... 11.27 0 “40 
Earned. per share com......... 4.70 2.73 .42 
COMPARATIVE BALANCE SHEET, As of Dec. 31 
ASSETS— 1929 1928 
Plant and Investments.................. eenee.$22.501.534 $23.627.055 
Current Assets: 
(OF: X=1 + RUPEES 
Notes & Loans Receivable... ............ 
Accounts Receivable oie 
Material and Supplies mee 
Prenaid ACCOUNTS aoe eameemmeecmecenaenans 
1926 
$3,751,266 
1,985,709 
$1,765,557 
20° 197 
795,684 
524,814 
279 R24 
991,036 
404 2792 
586,664 
250.000 
236.664 
1927 
$93. 124.575 
201,522 
32,140 
631,388 
351,166 
21.315 
s+ 1,237,631 
450 
1,300 
254,601 
1,903 
$24.620,360 
Total Current Assets ....cocooeeeee 
Trust Funds & Special Deposits... - 3 
Reacquired Securities ..ocrmnniinnes 200 
Unamortized Bond Discount... .1,504 
Deferred Debits .oovieeiiieiiemeenerneees 2006 
TOTAL ASSETS ooooeeeeeeereeneneneenee-$24.284.300 
LIABILITIES— 
Preferred StOCK -oemoeeecereesenngee ieee 5,809,700 
Second Preferred Stock. ...oooceeeieececcoiooconoes 190,000 
Common STOCK  oeeeeeeeeeeeeeeeeeneenmannneeeeee 185,000 
Stock Subscriptions .oeccocioiceiieaaes 300 
Funded Debt weeooeeeeeeceeeeaaanieneeeeee 9.119.000 
Current Liabilities: 
Notes and Loans Payable. RE — 
Accounts Payable .._......  mmmn 
Customers’ Deposits .. eee 
Accrued Accounte J 
62 
627903 
,094 
1200 
+052 
79 
$25,461,383 
$ 5,809,200 
190.000 
5,755,000 
800 
9,119.000 
$ 5,808,100 
190,000 
5,755,000 
1,900 
9.119.000 
1.6 
,000 
2,203 
,605 
‘1 266 
1,556,000 
190,399 
203,567 
657.465 
? 2.607,431 
1s 
704,109 
430,805 
$24,620,360 
£107.05 
Total Current Liabilit» 
Matured Int. Fund. Debt ____. 
Deferred Credits 
Reserves .. 
Qurnlne 
23 
Le 
150,965 
£09 494 
TOTAL LIABILITIES ....... 1,300 
Book Value Common Shares.......... 115.63 
FUNDED FT IBT, As of Dec. 31, 1929 } 
First and Refunding Rate Dated Due . Authorized Outstanding 
Mortgage Gold Bonds.......... 5%  8-1-10 8§-1-30 $30,000,000 $9,119,000 
Interest Payable: Feb. and Aug. 1. Offered by: White, Weld & Co., New 
Trustee: Chemical Bank & Trust Co, York, Feb. 1911, at 94. 
New York. Listed on: New York Stock Ex- 
Denomination: $100. change. 
Tax Status: 29% Federal income tax Price Range: _ 
paid by company. 1929 1928 1927 1926 1925 
Security: First mortgage ‘on entire High ......... 1003 1013 102 101%; 100 
propertv. TOW oe 97% 9934 993 993 98 
PACIFIC STEAMSHIP COMPANY 
GENERAL OFFICE: 1519 Railroad Ave. So., Seattle, Wash. 
HISTORY: Incorporated under laws of Maine, 1916, consglidating several other 
Jem Jeluang the Pacific Coast Steamshin Co. and the Pacific-Alaska Naviga- 
tion Co. 
HO es: Operates passenger and freight steamers in the coastwise trade ot