Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1914-03-19

d1Vldend, the company ueCtdred q l6 per
cent. dividend and in the year 1918, a
seven per cent dividend The company Is
without competition The company has
no local toll rates in excess OF ten cents
and has only one exchange rate in ex-
cess of the exchange rates Of the other
companies indicated in Table !, which
rate is a multi-party farmers line resi-
dence rate of SIS and applies to 1876 sub
scrbers The commission is of the opin-
ion that this rate should be reduced to
SIS and
It is ordered that the Springfield Local
Telephone company. within thirty days
from the date OF this order, reduce it's
multi-party farmers line residence rate
from SIS to SIS, and file such change of
rate with the clerk of the commission
Tho commission finds that the quantity
of material and property set forth in the
inventories is as stated therein. The
companies unit prices were derived by
taking what was stated to be the cost OF
the material used, with 10 per cent add
ed, and adding thereto all the charges
which the companies claimed for bring
ing the material to Vermont, erecting 1t
and turning it into completed and
finished plant. Twenty per cent. addi-
tional was also added to tho cost of all
labor and actual supervision on the job
Then another charge of nine per cent
was added to the cost Of the completed
and finished plant for engineering. The
cost of the finished and completed plant
with the nine per cent charge for en-
cheering added was then increased nv
five per cent. This last increase was
claimed TO he interest charges for the use
of the money involved during construc-
ton.
Inasmuch as the first cost prices used
by the companies engineer for TANGIBLE
property In his valuation were the only
poles. the commission has used the Same
The urices for TRANSFORMATION labor
board. INSPECTION of poles. the 10 per cent.
charge ON material the 20 per cent
charge on labor, the nine per cent charge
for engineering and the five per cent.
charge for interest the commission oles-
tions, and is of the opinion that some
of the same are excessive and should
be reduced.
The entire appraisal was made with a
view of showing an excessive valuation
Of the companies property and the valua-
ton abounds with prices and methods
which il actually used by the company,
ought to be questioned by anyone not
necessarily telephone expert.
IL was brought out that all purchases
OF material and equipment. with some
lie" MINOR exceptions are made from
'he oStern hiectr1c company another
suo9'u'ai9 Vi the american Telephone ana
ieies 'dpH Co. Inc prices paid Tor these
Puio 'i''9eS are SET iorth IN excerpts from
:" P'r U'''7''e ooi''iuct pet"eeh the VEST
~ -o''P"iiy anu the ne" Ing
''''N O''''P""'' which are as Ioilo"s'
SERVICES.
am,
procura nv rran,foo+rra ,,,,uoI,oa ~
otherwise from such sources and to de-
liver at its store rooms TO such nersons
in such quantities in sucb n manner and
at such times, as the telephone cornpany
| may reasonably designate. any annaratus
supplies or material which the telenhonf
company NAV reasonably reouira and
agrees that the store rooms established
| at such pl;.c cs as NAV be mutually aeroad
upon shall not be discontinued ~, r,ovof
to another city cxcept by tho consent NJ
the telephone company. or on one vear,
| notice in writing nv tho olcctr,c co,n
pany.
The electric comnanv shall MT bo 70
! ouired TO deliver any annarotus s,,n
plies, or material. or to huv ,rv ,,nusra
| quantities of sunnlios IN. n,,tor,,t or :,
manufacture anv speclal ann,rotus Nv
| cent on the telephono co-,,an,,s ,,r;t,o,
I reoulsition. and thc tcIonho,o co,oror,
agrees to take within ono vaar all m,
apparatus. s,nplIes ~. maternal co ho,gh
or manufactured. or failing ca 70 do =,
thcrcupon reimburse the e,octric ,o,,,r.,,
for all actual loss sustained h,, :. ~, oc
| count of such failure
",,,,,,1.>,,p, r,o>-
ne 'oi'P''oiie company agrees
| ~ ''''"iiel"'c me ciectrlc company a!
Ioi'o""'
'a' For lurrlsHlhS telephonlc appi
"i'eeS manufacturer uhder exclusive Ii
oei's' from tne american Bel relephon'
'oh'panN' ana ueHNere" az It's warerooms
stai'o"'" PrIceS' u'IloIh' 10 all licensees
Oh the American heH Telephone com
Pdn|,
W for FURNISHING underground aer
Ia an" submarine 'aole manufactured o!
Tue e'ec'1c coi'p'hS'
'iHPPc' uH e'' iiolIi factory tactor'
lost u SUI" oap'e piuS e'eht per centun
"isn' per cent At factory; or
Shppeu iIoi" lo0'l Storeroom' lul
i'0'oiF ''S' P'"S zen per cehtuh