New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-22
PUBLIC UTILITY NOTES..

In its annual report for the year ended
september lS. 1913. the San Francisco
Stock and Bond Exchange states that
during that period 10, 766 shares Of gas and
electric companies TO the market value Of
siS9,9l3. 1889 shares Of water companies
valued at s1,554, POI and 42s shares Of street
railroads valued at s46,56S were traded in.
The total amount Of bonds transacted in
during the year amounted to S4.S2l 800 par
value, OF a market value OF sl3,503, 22
more than three-quarters OF this amount
representing bonds of public utility COR
porations.
Utah Power and Light Company.
The Utah Power and Light Company
and subsidiary companies report gross
earnings for September Of sl4S,56s. as com
pared with s125,59I for September last year,
a gain Of s22,90, or IS per cent while net
earnings were ssosiS as against 500, AL. an
increase of 1851. or 81 per cent. For the
twelve months ended with September gross
earnings were reported as s1,61i,525. as
compared with Sl.50i,597 for the CORE
spending period last year. a gain Of Sl09,-
92S, or per cent, and net earnings were
$685., 500, as against $sl960l. an increase Of
S11S,22S or IA per cent. The total output OF
the generating stations of the Utah Power
and Light Company for September, 1919,
was 1884, SIP kilowatt hours.
Stability Of Public Utilities.
Joseph II. Brewer, vice-president and
general manager of the American Public
Utilities Company, who was in New York
yesterday was very optimistic on the out
look for public utility organizations, in
the United States particularly. He spoke
Of the growth of these organizations as a
whole. and pointed to the statistics, which
show that there have been practically no
losses to investors in gas and electric COM
panies in this country. and this is respon-
s!ble for the growing sentiment in favor
Of public utility securities.
Great Western Power Company.
The recent advance in the stocks of the
Great Western Power Company Is ex-
planned in the report OF the company. just
| issued. For the nine months ended with
! September the company earned net OF
! 81, A. 64, or S5S2.9S5 more than is required
/ for bond interest for the same period.
| Gross operating income for the month Of
| September was s2233SO and net income
| from all sources was s149.ls9. A surplus
remained for the month OF sO.422 an In
| crease of 3,015 over the same month last
year. For the nine months ended Septem-
her 30 gross earnings were a,993,09i and
net income was 81 .44i564. The surplus
after interest was s5S2. 1856. an increase Of
s2S9, $40 over the same period OF 1872.
Kings Co. Electric Light and Power Co.
The report of the Kings County Electric
Light and Power Company and the Edison
Electric Illuminating Company, OF BROOK
lyn, for September shows a gross OF $685.
74S. an increase OF $42,l3l over September
last year, while net earnings were sliS3lb,
q gain of s29,916. The net income for the
month after charges was $50, $50, or S55,653
greater than last year. Since January !
the company earned a gross of A,O13.912,
an increase of t3O6. 457, and a net of $780,
629. a gain Of 5,721 over the correspond
ing period OF last year, while the net IN
come for the period after all charges was
1894. s79. an increase of s203.O97. At the end
Of September the company had Sl2,I2OO
stock outstanding, as compared with w.
900 900 on September so last year.