The Glenwood post., 1913-12-13
TURNING on m cu1.nar


Editor Glenwood Post:
Dear Sir:-In answer to the following
statement in Last Saturday 3 Avalane ne,
viz:
1.-THE Mutual Company il re-
sponsible for the building of the
Citizens bank, that every one is
praising 80 highly. The high rates
charged by the old Company would
have stopped putting in of IN elec-
trie elevator and the establish0est
of the electric cook stoves"
l can think Of no better comparison
between 1.-the high rates charged by
the old Company" and those of the
Mutual company for the services on
that elevator, than to show the proper
tion between the electric power bills
Mr. Holmes himself used to pay the
old company, before he began to pat
ronize the Mutual, and the Mutual
eompany's charge for the elevator.
Averaging the metered amount Of
electricity used for power at the Ava
lanche shop in those good old days, We
find that Mr.. Holmes used two and
one fourth times more than the amount
used by the elevator. Averaging the
amount he paid for that electric power
under "the old high rates" we find
that his bills for electric power we're
several cents less than one third the
amount the Mutual collects for the ele-
vator service. If Mr.. Holmes. in those
days. had used only the exset amount
used by the elevator, his bill would
have been just one-seventh of the ele-
vator charge. Evidently, in Nr.
Kssnss' opinion, seven times "tAe cid
high rates" 10 . reasonable ehaso for
liftsag that elevs1es few ti0ss daily.
II - add to tie ne.<hly svssaGe Hr.
Holnss peid usdss "tAs ~ ~
r.tss fer electricity" ~ - apeis5b II
s.ssse - paiA ~ V4sE psygt - ~
ssop Il rate v1isa YN8Ndy,
stili snjey.,, tAs tetal wss les than
half tAs Na4uals charge for tie sle-
vatos service.
Mr.. Holmes may claim that his y .
small motor while the elevator motor
10 much. larger. Therefore I am pre-
senting my figures, not in horsepower
available (which would be still more
to my advantage) but in the actual
amount Of electricity registered on the
meter, in his case, and in the case of
the elevator I am using figures OBJ
tanned from long series of observa-
tions of similar installations, and whi, h
any motor manufacturer will furnish to
electric light companies FOR USE IN
ESTIMATING RATES FOR POWER
SERVICE.
In the same article he quotes me as
saying that it costs $4,000 to run the
water plant. have never made any
such statement. I did tell the mayor
and several members Of the council
that I believed it would cost the city
$l2, 900 annually to run a city water
plant I believe that to be low fig
ure, because You have per cent to
pay on $125,0oo, making ts,25o PEI
year, and another 5 per cent for re-
pairs, maintenance and depreciation,
would not be high, especially if the
main pipe is built Of wood slaves.
Those two figures total up $l2,5o0 II
I learned addition correctly. OF course
the $6,500 interest ceases after The
bonds are paid OF, and every now and
then . few of them will Be redeemed,
reducing the interest, but to do il
there must be . sinking fund, which
will Be over aAd above that 413,5
So that, in reality more than 412 o0o
will laxs 10 be raised by water rents
each year for many yeafs 70 come, sad
I imagine most Of rs are lees concerned
shout the taxes We win have to pay
in 1884 than those which We will have
to meet in 1914.
cry truly yours,
n n nvERnECR