Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-09-30

va tie enterprise seeking a return upon its
investment The population served by these
stations was 2O52 80, an average Of a little
over Zoo per station, and towns Of this
size rarely offer Inducements 10 private cap
ital regarded from the per capita basis Of
consumption OF current These stations also
represent total cost Of construction and
equipment Of s15. Sss. 49, or about 81 .000 per
station whereas the average cost Of con
struction and equipment for the $3.50 cen
trial stations Of all classes was slightly
short Of $4,000 The largest average pop
ulation per community is shown for Masss-
chusetts, having seventeen stations. with an
aggregate population II 151. 407. or an aver
age Of 69O6. The smallest population per
community is shown for Colorado with two
municipal stations supplying / .402 people, or
an average Of 7m for each station An
average Of five persons 10 a family or house
would give barely 40 houses.
Financial Operations.
The total capital stock and funded debt
authorized amounted ~ $40. 2S6, PCS hut the
amount issued was considerably less. being
ss97. BASE. or the total amount authorized
S4S5 .s72 or 5sb per cent, was capital
stock and SS0g II .sS4 or F1b per cent. was
funded debt. OF the total authorized capt.
cal stock. 81. sol. s52. or So per cent, had
been issued at the end Of the year covered
by the report OF the capital stock issued
81 81 81, or 80 per cent, was preferred
stock and ss4s. OsO 2Sl, or ss-s per cent, was
common stock.
Private stations expended $4O.O506l8 and
municipal plants s.7G.E24 in construction
and equipment during the year covered by
the report. The total for private stations
from their origin until 1902 was S4S2 rs ~.
giving an average outlay Of S22S per horse
power of dynamo capacity. II is interest
ing 70 compare these figures with those for
municipal stations which show a cost for
construction and equipment Of s.. O9o f7s.
and an average Of about s145 per horsepower
Of generating capacity; II is not safe 10 ac-
cept this average as a basis o. comparison.
on account OF the wide variations revealed
IN the different states, which range from
sl44 in Ohio 10 sS44 IN the state Of Washing
ton
Although the practice Of supplying current
for motive power and other uses had grown
rapidly. the supplying Of current for light
was stiI preponderarinEly the business Of
both private and municipal stations o.
the total income. g7A18Sls7. or El.S per cent.
was directly deTivabls from lighting The
private stations obtained sos per cent and
the municipal stations Sos per cent Of their
income from this source. This income
from sale Of current for lighting purposes
was derived from 3s5 COS arc lamps and
/ IA IA a. tncEndescent lamps. The average
! income per lamp for arc lights in private
stations and used for commercial or other
private lighting was SIS s.; used for public
lighting, $50 in municipal station. for
commercial or other private lighting. II Was
81 46 for public lighting. s6s.sS. The mean
descent lamps IN private stations IN com
merciBl use earned an average income Of
I s. 40 per lamp IN public service SG06. In
municipal stations these lamps earned 81 8.
I IN commercial service ana G& In public
service.
/ The total expenses for private and mum
/ cipal stations were So. 0S1 .S7b q this $40
I st az Was for salaries and wages. 81
h.sS2. for supplies. materials and fuel
81. Es5-20S for rents. taxes. Insurance and
miscellaneous expenses. ana 81. g., b4s, foI
tntsTsEI 81 b0ndA