New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-18
PUBLIC UTILITY NOTES.

The California Telephone and Light
Company has applied 10 the Railroad
Commission Of California for permission
to acquire the electric light and power
distribution system OF the Cloverdale
Light and Power Company. operating IN
Cloverdale and vicinity The application
also asks permission 70 place 5000"
mortgage on the property OF the Cali
fornia Telephone and Light COMPANY ana
asks authority To Immediately issue and
sell $4,000 par value of per cent boads
10 be secured by this mortgage. During
the year 1912 the company earned a gross
OF SEQ. 49,. the net amounted % siO.zlO' ana
the balance after interest. S2y,2S. IL is
stated that the company in It's telephone
department has lag subscribers. who are
served through property comprising AGA
miles Of telephone pole line. with l.'o5
miles OF wire and 26,3Ol feet OF aerial
cable
Shawiniqan Water and Power Co.
Advices from Ottawa state that the
Shawinigan Water and Power Company
will install two additional D"o horse
power units. The level II the Upper BAY
Of the ST. Maurice River has recently
been raised fifteen feet. in anticipation OF
this development. BY means OF moVao'e
gate dam This brings the development
Of the property to a capacity OF ABOUT
10000 hydraulic horsepower. The Sha"-
winigan Water and Power Company sup
plies the Montreal Light, Heat and Power
Company with current, and controls
Continental
Heat and Light Company. the Laval tiec-
trio Company. the Canada Carbide com
pany and the North Shore Power COM
pany. 1t also holds 1900 shares OF capi-
tai stock Of the Montreal Light Heat
and Power Company.
Portland Railway Light and Power.
The report of the Portland Railway
Light and Power Company OF oregon
Tor the year ended December 81, ~
shows gross earnings Of So 642.SOS, as com
pared with $6.336.7O3 for the year 1911.
Net earnings were &ois.654. az against
s.. 6O7. O73 for the previous year surplus
after charges. amounted 10 Sl5o24Vo' as
compared with S.755.525 for the corre-
spending period Of the preceding year
During the year the company increased
its sales IA per cent. as compared with
an increase in sales Of POI per cent dur
ing 1911.
Scranton Electric Company.
BY the purchase OF ire entire central
station steam heating business In Scran-
ton. the Scranton Electric Company OF
PENNSYLVANIA. now does all the electric
lighting and power business OF that city
and the towns surrounding, and also all
the central steam heating business Ihe
Scranton Electric Company Is one OF the
principal subsidiaries OF the American
Gas and Electric Company contract
has recently been made with the Scrah-
ton Railway Company, which is con-
trolled BY the American Railways com
many whereby the Scranton Electric
COMPANY will furnish all the current re-
ouired 10 operate the city and suburban
lines Of the railway. aggregating over one
hundred miles. II is estimated that this
contract will bring the electric company
about $4,000 a year Under the contract
the central generating station Of the rail
way company is 10 be abandoned.
Utilities Improvement Company.
The Utilities Improvement Company ie-
norris gross earnings for the quarter end
ed March 81. 1872. OF $44l3s9. and net earn
incs Of S4S5, 3l0; dividends or $4,000 We're
paid on the preferred stocks and SorJ"
IN the common. making a total OF SZ2.oO
Tho surplus for the three months amount
cd ~ sll2 so and the surplus 20 late
totals s4O2 sol.