Vv JUSTRIA .
7
Pacitie Coast Steamship Co.—Formerly operated fleet of vessels in the Pacific
coastwise trade. In 1916 entire fleet was chartered and in 1918 sold to the Pacific
Steamship Co. In 1927 company purchased two 6,300-ton steamers to carry
limerock from Dall Island, Southeastern Alaska, to Seattle, a distance of 640
miles, for use of the Pacific Coast Cement Co.
Pacific Coast Engineering Co.—Operates machine shops in Seattle.
Pacifie Coast Cement Co.—Operates plant in Seattle, manufacturing Portland cement.
(See special report on this company.)
OFFICERS: Walter Barnum, Pres, New York; E. C. Ward, Vice Pres. & Gen.
Mgr., Seattle; N. D. Moore, 2nd Vice Pres. Seattle; John H. Kelly, Sec'y.-Treas.,
New York; H. M. Watkins, Gen. Aud. & Asst. Sec’y. and Asst. Treas., Seattle.
DIRECTORS: Walter Barnum, Philip G. Bartlett, Chas. E. Bockus, H. B. Clark,
Wm. Tudor Gardner, Millard C. Humestone, Seward Prosser, Charles E. Richardson,
Joseph B. Thomas.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Wed. in March.
CAPITALIZATION As of Dec. 31, 1929
Authorized Outstanding
15,250 shs 15,250 shs
40,000 shs 40,000 shs
70.000 shs 70.000 shs
I. 59% 1st Preferred Stock....
2. 4% 2nd Preferred Stock..........
3. Common Stock .. el
il. 83% NON-CUMULATIVE FIRST PREFERRED STOCK
Provisions: Preferred as to divi- Transfer Agent: Bankers Trust Co.,
dends over all other classes, but not as New York.
to assets. in which all classes have Registrar: Chase National Bank
qual equity in event of dissolution. New York. ’
Callable: Non-callable. Listed on: New York Stock Ex-Voting
Power: Equal voting power shangs, Range:
with other two classes. 1929 1928 1927 1926 1925 1924
Dividends: Paid from 1898 to Feb. High .... 50 70 70 73 73 62
1928. None since Low .... 18 40 45 223 64 43
2. 4% NON-CUMULATIVE SECOND PREFERRED STOCK
20, incl, 49%; 1921, 29%: 1922-24, none:
1925, 1%; Feb. 1, 1926, to May 1, 1927,
L% quarterly. None since.
Transfer Agent: Dankers Trust Co.,
New York.
Registrars Chase National Bank,
New York.
Listed on: New York Stock Exrhange.
Price Range:
*1930 1929 1928 1927 1926 1925
High........ 19% 40 39 40 57% 52
Low ........ 14 15 201% 211 40 25
*To July 1.
Provisions: Has second preference
to the extent of $4 a share annual dividend,
after which common stock is entitled
to $4 annual dividend. Further
distribution of earnings to be divided
equally between 2nd preferred and common
stock.
Callable: Non-callable.
Voting Power: Equal voting power
vith other classes.
Dividends: 1898, 49: 1899, 31-39%;
1900-1901, 49% each; 1902, 419%; 1903-04,
5% each; 1905, 514 9%; 1906-07, 634
each; 1908, 43,9%; 1909, 41,9; 1910,
907+ 1911-13. incl.. 6%: 1914. 59% 1915-2.
COMMON STOCK
1910, 99%; 1911-13, incl, 6%; 1914, 59%:
1915, 2%; 1916. none; 1917-1919, incl.,
1%: 1920, 29%; none since.
Price Range:
*1930 1929 1°
High... 197% 42:
LOW... 7 17% 19%
*To July
Provisions: All classes of stock
share equally in event of liquidation,
and have equal voting power. After
Common receives 49% in any one year,
further dividends are shared equally by
2nd Preferred and Common.
Dividends: 1898-99, 29; 1900-01, 49%
1902, 439%; 1903-04, 59%; 1905, 517.
1906-07. 69% * 1908. 4%, 9, 1909. 41, 9.
INCOME STATEMENT, Years Ending Dee, 31
1924
1925 ......
1926 -
Before Depreciation.
Gross Revenue
35,695,855
5,818,268
5,020,775
3,996,055
£,445,309
5,007,872
Deficit.
Exp. & Taxes
35,142,643
5,262,797
4,596,777
3,775,774
1,239,244
1.625 709
[Interest
$268,272
270,132
262,188
216,042
227,689
296.764
*Net Income
$284,940
285,339
116,809
4,439
-21,625
155.398
