Norwich bulletin., 1915-12-10

trict of New York, whereby the New York New Haven & Hartford Rail road company and companies affiliated were required to segregate various properties alleged to be unlawfully combined. By the terms of this de- cree the entire capital stock of The Connecticut company, which at that time was held by The New England Navigation company, was ordered transferred to trustees, who were em- powered to exercise full authority Of stockholders in the management of that company. Similar provision was made under said decree for the trans fer of the stock of The Rhode Island company and The Providence and DanielsOn company.
 The Rhode Island company and the Providence and Danielson Railway company come under the jurisdiction oI this commission from the fact that the latter company owns and the for mer company leases from it and oper- ates 1.95 miles of single track in the state of Connecticut.
 There has been q net addition to the investment, in road and equipment, by all street railway companies, during the year, of $805, ,526.75, and a total addition on leased properties of $S13,- S41S0 Of this latter amount $296,- 32S.79 was expended by the Connecti- cut company and the Shore Line Elec- tric Railway company the balance be- ing expended by the Rhode Island company on it's properties outside of Connecticut.
 The total operating revenue of all street railway companies was $15,- l 240.1749S. a decrease of $416, ,41S66, ev- 1 cry source of revenue showing a de- [ crease for the year. Passenger revenue 1 decreased $333,166-65. a considerable i portion of this pIoba bly, resulting ! from the introduction of the sO-Called l jitney service which has been in oper- ation throughout the state in sections 1 where the street railway traffic is the | heaviest.
 There were 7.7S8. .S63 less fare pas l serg gers carried during the year than were carried the previous year. Of 1 this, 5.222, 029 passengers represent the | decrease in those carried by the Rhode
 Island company.
 I The total amount paid in dividends 1 was $740,S04 a decrease from the amount paid the year previous of S1,- l 507, 800. The only companies that paid 1 dividends were the companies whose | lines are leased and are not engaged ] in street railway operation, with the 1 exception of The Bristol and Plainville l Tramway company, and this company, 1 without the addition to it's net Oper- ating profit from it's electric light and l gas departments, of $50. 0.AS5.46. would | not have been able to pay dividend
 from the results of it's railway oper- l ation.
 Telegraph and Telephone Companies. There are three telegraph companies and ten telephone companies. Of the | ten telephone companies, seven are cIassed as Connecticut companies, all | though each, through it's toll line ser 1 vice, carries on interstate operations. 1 All such companies have an invest | ment in plant and equipment of $14,- | 6O7, ,2S3.03, of which S14 ASS, 176.69 rep | resents the investment of the Southern | New England Telephone company. The | total amount paid in dividends was 1 $701 755 of which the dividends paid
 by the Southern New England Tele- | phone company was $10O,000. The Westerly Automatic Telephone com pany represents an investment of 1 $188, ,547.S9 and paid in dividends $10,- l GOO
 Water Companies.
 There are 87 water companies, 80 of which are operating companies and
 seven incorporating companies. All such companies represent an invest ment of $22, ,665, ,226.27. There was paid in dividends $793,275.75, which was S18,568.40 more than was paid during the previous year.
 During the year the copartnership of Avery Brothers, which had formerly been operating a small distributing system at Norwich Town, discontinued operations, as the city of Norwich had l 6Hlenueu US pApe Ill6 so as to give service in the territory covered by i the operations of the Avery plant. Summary.
 The total amount of permanent in-
 vestment in plant and equipment ot
 all public service companies under the
 jurisdiction of this commission, is
 $S27, ,949, ,S49.22. Such companies have
 investments in securities tctalline
 $810, ,911, ,4292S. The capital stock is- ! sued and outstanding of all such com.
 panies is $944,S69, ,147.36, and the fund.
 ed debt is $545. 5.473, ,26O.20. All such com. panies paid or declared in dividends
 s48. 221, ,29S.91. At the close of the year June 30, 1915, the surplus of all suci companies was $146, 151, ,287.88.