The Washington times., 1912-02-04
IN LOCAL FINANCIAL CIRCLES
BY l. A. FLEMING.

good sources. and yet was unconnrm-
auIe. The annual report, as published
IN the morning papers on Saturday, did
not look especially good 1t remaiuea
Tor digging into the report that witl
be given to the shareholders on Monday
20 discover that s2iS,OOO had actually
peen cut from the years operating eH-
penses IL helps some.
1he ly11 report as to expenditures is
llenlzed, whereas In 1910 many items
were grouped.
Because of the changes made in re-
porting between the two years, il Is
ollncult 10 make comparisons in many
OF the items that would show the saw
ings. The. one item of legal expenses
Is decidedly interesting.
In 1911 the sum of $12,9O9 was paid for
general legal expenses. In 1910 II looked
with salaries. general office expenses,
general officers, general clerks, includ-
ing law and legal services, a total OF
sl7Oi1." There was another Item,
penses, S76S1s." "Stationery. postage
and miscellaneous expenses. S9.9S7,"
| There Is a well founded report that
legal expenses in 1910 were over $4,000.
In 1911 the report separates Salaries"
general office supplies and expenses"
general law expenses"-the total for
me three groupings being SS5,s19
here is the itemized operating expense
| account for 1911. 1t will be Interesting
Tor comparison a year hence, but not
at this time because of the different
HetnOu OF keeping accounts.
FOR YEAR ENDED DEC. 81, 1911.
Gas making labor..... $1O7,O27
Boiler fuel and water. 1872
Coal used in gas making 3o,096
Enrlchlng oh... ............. S02,0S0
| Purifying supplies, gas
| storage and miscel-
laneous works expense. 1890
| Maintenance of works.. 20,s07
| Power plant equipment
| maintenance ........... 1896
! Gas apparatus mainte-
nance ..................... S,sb
| Total production ex-
| - penses .................. $I40, 6J5
Transmission pumping. 3533
| Distribution depart-
| ment, wages and sup
| plies ...................... 409oS
| Inspection expenses, u.
S. inspector of gas
| and meters. s...........,.., 1901
Gas meter and installa-
| tion work. 46,156
| Maintenance Of gas
mains .................... 26.S2s
Maintenance of gas
| services ................. S,291
Maintenance of gas
meters .................... 2s,5S2
Total Transmission
and distribution ex-
penses ................... 162,OOO
Street and park light
| Ing expenses. ........... 1858
General Expenses, Com
| mercial department.. %,OO
Accounting expenses,
commercial department 1879
Contracting expenses,
commercial department 6,S19
Collecting expe nses.
commercial department 12,5SS
Reading meters. 6,532
Miscellaneous ............. 12,A6
| Total commercial ex-
penses .................. 1880
salaries '........-..'.:.'.'. ol'zsI
General office supplies
and expenses. ............. n,7l3
General law expenses...... 12,909
Insurance .................. 1854
pensions ................ 3,ses
locke expenses........... 1880
General amortization. 61,2S
Injuries to persons and
property ............".... 1,WI
| Expenses OF store rooms. 5,2S
Transportation expenses. 22,567
Maintenance of general
structures .......r........ 3922
Miscellaneous general
| expenses ................. 1oS4
Total general and mis-
cellaneous expenses. 22i,2iC