New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-08-26
PUBLIC UTILITY NOTES.

The interest on the $4,000 collateral
trust bonds Of the American Public Utili-
ties Company is payable in Chicago at the
Central Trust Company, in New York at
the First National Bank and in Boston
at the First National Bank.
Orc Electric Corporation.
The California Railroad Commission has
denied the application OF the ORC Electric
Corporation for a rehearing OF the deci-
sion OF the commission upon the appica-
ton OF that company for permission to
serve certain portions Of San Joaquin
County and the city Of Stockton. The re-
quest TO some parts of the territory was
granted by the previous decision. but
with reference 10 the city OF Stockton and
the remaining territory as to which the
application was not granted the applica-
ton was held open for a period of ninety
days pending determination OF the com
mission as 10 whether the Western States
Gas and Electric Company should have
complied within that time with certain
requirements specified In an order to i'm
prove its system I'm Stockton. This the
Western States Gas and Electric Com
pany had fully complied with. and the
order was therefore made denying in
whole the application Of the ORC Electric
Corporation and also denying rekearing
upon this application.
United Railroads OF San Francisco.
In regard 10 the report that Jesse W.
Lilienthal had succeeded Patrick Calhoun
as president of the United Railroads Of
San Francisco NJ. 3. Starring president
OF the United Railways Investment Com
pany. which. through its stock ownership
of the California Railway and Power
Company, controls the United Railroads.
makes the following statement:
The statement 10 the effect that Jesse
". Lilienthal will at an early date be-
come president OF United Railroads Of
San Francisco is correct. Mr. Lilienthal
is man OF unimpeachable integrity and
high standing. II is my understanding
that he will surround himself with a
board OF directors composed Of some Of
the strongest and most influential local
men. The management OF this property
in California and by Californians should
city Of San Francisco and the owners OF
the property. The public may expect fair
treatment from Mr. IAlienthal and the
very best service from the railroads I'M
der his management practical under eX-
listing conditions.
The retiring president has borne the
brunt OF many personal attacks and
brought the railroads through long and
severe struggle. but the press OF his pri-
vate affairs having In the past required
prolonged absences from San Francisco.
and the fact that such absences will in
evitably continue and probably increase IN
duration, fully explain his retirement"
The Philadelphia Company.
The comparative income account OF the
Philadelphia Company and affiliated cor
porations Just received by NJ. 3. Starring,
president Of the United Railways Invest
ment Company, shows that the Duquesne
Light Company's gross earnings for the
month ended July 81. 1913. were S72.sss'
compared with p43,jSo. electric light and
power gross earnings during July, 1912 Du-
ouesne's net income was 1920. as COM
July. 1912 The net income Of the Du-
quesne for four months ended July 81, 1873
was shown TO be si07, Z38. compared with
sz46. ISL for the similar period Of 1912 The
Pittsburgh Railways Company showed net
income Of sG3.035 for July, 1872 as com
pared with a deficit OF s7l,0l4 for July.
1919. For four months ended July 81, 1913.
the railways showed .29SS5o net income,
&C impaired with a deficit Of s32l 800 for the
similar period Of 1912. The Philadelphia
Company and affiliated corporations for
July, 1913 showed surplus OF NH.lf after
fixed charges and dividends on preferred
stock, as compared with surplus OF s2S,SSs
for July, 1912. Similar surplus is shown
for four months ended July 81, 1sl3'
amounting TO N,lS5.62s. as compared with
,18s7s for same period in 1912, an increase
-, nor