New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-03-08
Consolidated G., E. L. and p. Co.

one of the oldest gas companies an thc
United States IS represented by the Con-
solidated Gas. Electric Light and Power
Company. Of Baltimore. which was in
corporated in Maryland on June 20. 1906
as a consolidation of the Consolidated
Gas, Electric Light and Power Company
and the Consolidated Gas Company. OF
Baltimore City. This company and con
sttuent companies which preceded II
have served Baltimore and vicinity with
gas since 1917 and with electricity since
1851. Lee. Higginson 4 CO. who have
purchased 5000 co. Az per cent general
mortgage gold bonds Of the company,
publish the following information:
THE company has a practical monop'
oily. approved by the Public Service COM
mission. in the seventh largest city IN the
United States. and franchises are unliin-
tied az TO time The business cf the com
pany has shown steady growth. even al
the year of the Baltimore fire. For the
calendar year 1912 net earnings were more
than double all fixed charges. The gas
business returns "a per cent cf the total
gross earnings of the company, while the
gas property carries only 81 per cent of
the company's total debt This issue of
bonds has been approved by the Public
Service Commission OF Maryland, its le-
gality confirmed by the Court Of Appeals
and is listed by the Maryland courts a.
legal for the investment Of trns; iunos.
Central Mexico l. and P. Company.
Despite adverse conditions ia Mexico.
operations Of the Central Mexico Light
and Power Company have been main
tanned in a satisfactory manner. The ter
ritory covered by this company, although
a little north of the City OF Mexico mas
been the least affected by the recent
trouble. Earnings Of the company Tor the
year ended December 81, 1872, show a
gross OF Si65 079 an increase Of Ss6,S5i' or
% per cent. over 1911. Operating expenses
amounted TO $3.50 092, leaving net earnings
of S1si9s7, a gain Of $3j4oS, or - per
cent, over the previous year The mel IN
come of the company, alter deducuhS
boni interest, etc. amounted 10 $Jo,llS.
as compared with SIS, 81 for 1911. The
Central Mexico Light and Power Com
many has declared an initial dividend Of
H. per cent on the preferred stock, paya-
HE April To stock Of record March 10
Empire District Electric Company.
The Empire District Electric Company
,eports gross earnings for the year chded
December 81 1912. as ssi6,351, an increase
az s2l1. s22 over the corresponding per!Ou
~ 1911. Expenses and taxes were All'4oj
leaving net earnings Of SiSo,lS'' as com
narod with S3l. 463, an increase OF Sso'VzV
over 1911. The surplus after interest was
coil al. IA compared with Sl6S,Zoo, an IN
crease of S7S.293. The Empire Disirlct
Electric Company operates III me leau
mining district Of southwest Missouii
and Southeast Kansas. Tre company
serves q district with population Oh oVef
100 600. including Joplin. Webb CITY, Car
image and Catervilie, Mo, ana uaieHa
and Columbus. Ran.
Eastern Power and Light Company
The Eastern Power and Light Company
has recently been Incorporated IN VIZ
pinia az a holding corporation OF puohc
utilities IN different parts OF the country
THE proceeds OF the sale of S2'Syo'o" pei
rerred md s5.ooo.cco common stock OF the
company. which are being ohefed v!
William p. Bonbright & Co.. are 10 DC
used mainly IN acquiring number OF
nnblic utilities in the vicinity OF HeddiHs'
Penn. Wheeling, W. Va; MOrsahto"h,
penn. Vincennes Ind. and In sections OF
1-orr,ont and New Hampshire. The BANK
orc announce that the issues are pei"e
won taken both here and aDroaH'