davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
SULLIVAN ON PAROLE
WOULD HUNT ASSETS
Saws He Can't Get Permission
TO Trace Money for Deposit
OrS-AttackS GoldStein.

David A. Sullivan, the paroled ex-
president Of the wrecked Union Bank
of Brooklyn. who will soon have to face
two more indictments charging grand
larceny. complained in an interview IN
Brooklyn Yesterday that he could not
get permission to uncover the assets
of the bank so that they can be re
stored 10 the depostorS.
lie declared that there must be az
least 81 10000 somewhere, and said
that all he wanted was permission TO
open up the assets so that he could
trace collcctible items one at a time.
His appearance was much better than
when he was arraigned recently on the
new indictments. just after he was
parolcd from Sing Sing. He said "c
was Glad the Court of Appeals lad
Granted a new trial for the depositors
IN their suit to recover $4,000 IN
notes from him and other directors.
When Sullivan was asked whether he
had an, resentment against District
Attorney Cropscy, he said Mr.. CroPs1y
Rad done his duty, but had treated HIM
with consideration.
II don't think that his assiSta..t'
Louis Goldstein, or DR.. j. Ellls konrer'
chairman Of the depositors committee
has treated me fairly" said sullivan
with them II has been pound SullI-
van all the time.
CDR. Rohrer had few dollars in
the Union Bank. The worst sufferers
from the failure were old family
friends of mine, but DR.. Rohrer is the
man who Is psrsistent1f pounding me-.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
APPRAISALS OF ESTATES.

LENA GARLAND lNog T. ,9ll; ref So, D..
Edward ;. Garland Emma II. Lazsris aaI Sa1d a
Llcllten0efg children. are the heuch. arcs. s,f.t,
81. mott gages. Sl3.2ij; icNeiy, 81.
HARRIET A. BATTER Juy 3. 1870; ue'. SO
81. To Henry Batter. husband. .ife Interest 70
the realty. $4,000. Emma -. Cstreyss. sister. q
life Interest ~ stocks appraised a. 81 900. le n,
mainder passes 90 the Two daughters and s,ali'
son. Assets. n East Nlst So. appraised A. So
600; deposits, Sl3SN. leneiry and personally. S.Nl;
stocks aud bonds, S2i2i7
THEOD0R NJ BOETTGER Dan. s. 1910 t7h
estate. Sll7jl; net. 1859 III" estate 0sss-
70 seven nepheHs and niecc,. Assets. DelosiA
S.2.f due from the estate % Heury ". b. ger,
So;226; lewelry and personally. 81.
FRANCIS y LMlNGE Nov. 10. i2ii. No.
S2N.7 To Mrs. Emma living. willow. A'se''.
Equity $3.50 iu 3l6 East seth 81. Appraised a
Sl5.ooo' deposits. So 2N2 aud personally. 81.
Al the death of the widow SO 900 81 One ssses
or the estate pass 70 ten charitable iUs' itufiDrs.
JOHN MElH July 30. l9lf net. fl0N.>s,. 10
George % Mcrz. son. $ii.if3. william j. s.hocgel.
George j. Schwegler, Madel,na D.. S.hNcgcr an
John T. Schaeger. audehiIdren. each Ni1.'p.
Assets lOjj Thiri r.. app. alsed a. $4,000. 4-'
po.hs, &42ii mortgages S2I.29l.
MATTE MAY HARRIS July 90 1919 Sl.ts
TO Maude H. Mitchell. sister. Sl21SL Assr. 80
Past 10Th Il. apprat>e' a. s. 1coD. deposits. y,
leAelry aud furniture. Sll99.
JOHN SHRADN NOV. H. 1910. nor. 81 -.
To John Elliot Shrsy. Margaret FRANCS Gfslam
Jeahnie lockhsrt Bu2iou and Afluf Ns9lf
ShradS, chil'l el. A,'t-. LIE in,uranu, S.0fi
deposits $3.50. bone, $1,000. income jos ii1A
SAFE OF IL hast HON 81. s. 100
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
RAILROADS AT LAST
DITCH, SAYS HILL
Must Have More Revenue
to Live, Financier Tells
Minnesota Committee.

ST Paul. March 49,. Railroads OF
this country have been driven 70 inc
last ditch, and arc no longer aple W
compete with each other, or any one
else :" James J. Hill told the Railroads
committees of the Minnesota House
and Senate late day at joint hear
ing on the hill before the Legislature
TO increase the railroad passenger rate
i'm this state from cents per mile TO
pa cents.
w. A. Gardner, of Chicago, presl-
dent of the Chicago g. Northwestern
Railroad, and Edmund Pennington,
Minneapolis. president of the Mime
apolis, St. Paul Sault Ste. Marie Rail
road, also appeared before the commit
tees. quoting statistics TO substantlate
MIR. Hills contention that a speedy ex-
haustion of the railroad properties OF
the country, unless passenger rates are
increased, is but logical step.
Even more stringent conditions
will follow the conclusion Of the pres
ent European war. Mr.. Hill predicted.
Next year. he believed, would see a
fall in prices of all farm products,
with wheat down to 20 cents per
bushel Abnormal interest rates on
money after the European struggle
ends also were forecast by the finan-
cier, who said the war will be brought
to a speedy close because of the physl-
cal and material exhaustion that will
ensue and is ensuing"
at costs more money per train mile
70 operate passenger trains than the
railroads receive for it," Mr.. Hill said
in urging the necessity for increased
revenue from passenger traffic. "fon
know how long that condition can exist
and what ultimately will come OF IT,.
Intelligent legislation is an advantage
for any state, but legislation that is
unfair TO the railroads is unfair 20 the
people of the state, for sooner or later
they will have to put their necks under
the yoke and help share the railroads
burdens.
THE railroads Of this country are
staggering under too great burden
now And they are right at the last
ditch. They are no longer able TO
compete with each other or any one
else. They are too busy trying 10
solve their financial problems that will
enable them to live a while longer"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
ENLARGE MARSHALL BILL
Would Now Let State Banks
Do a Trust Co. Business.

The campaign of some national bank
ers 70 obtain legislation which Will
confer upon the national banks of tins
state powers now held solely by trust
companies, took on added interest yes
terday when it became known that
Senator Marshall. who is the sponsor
for the bill designed TO delegate these
privileges, introduced a new. bull late
Wednesday, which would include state
banks in the category of those instl'u-
tions doing a trust company business:
Members Of the Trust Companies
Association of the State of New YORK
who met at the Union Trust Company
on Wednesday and decided to oppose
this state legislation declared yes'er,
day that this was only an attempt on
the part of those who favor Tvs e" Tho
mont 70 minimize the opposition. Inc
state banks have been opposing NC
Marshall bill on the ground 'hsV !"
has Disseminated against them
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
EXTEND P. S. c.
PHONE POWER
Foley Bills Transfer Supervision
in City to First District
Board.
From a s.4- Correspondent o. The TrIbun- J


Albany, March ia bill to
strengthen the supervision Of the Pub
lie Service commissions over telephone
companies was introduced to-day by
Senator Foley and Assemblyman DOno-
hue, following the report of the legis-
lative committee investigating these
corporations. 1t would transfer from
the second to the first district commits
sion jurisdiction over telephone rates
and service in New York City and
Long Island and would subject al tele-
phone companies in the state to regu-
lation. adding about one thousand lines
now exempt from supervision. The
companies are classed as commercial
and mutual and the commissions are
given power TO establish standards Of
service for each class.
Universal service is provided by Civ
ing the commissions power to compel
the commercial companies TO connect
and furnish joint communication at
rates to be fixed by the commissions.
Every company is required TO obtain
a certificate of public convenience and
necessity before building or extending
its line. The commissions are given
the same control over the issue on
stocks, bonds, transfer and sale of the
property of telephone companies as
they now have over railroads. while
holding companies, like the American
Telegraph and Telephone Company, are
subjected to complete control and regu-
lation.
The Public Service Commission is
given further power TO suspend the
taking effect of rate advances pending
the investigation of their reasonability.
This amendment is intended TO prevent
any attempt to increase upstate rates
through the purchase of independent
companies and the elimination of COM
petition.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
DENIES DEMOCRATS
ECONOMY CLAIMS
Senate Finance Committee Re.
ports Payroll Increase of
los Per Cent.

Albany. March lS.-An increase OF
105 per cent in payroll expenditures IN
thirty-two state departments within
eight years, with an increase OF 30 per
cent in the last four years, Is disclosed
in the report of the Finance Committee
presented in the Senate to-day.
Useless employees in every depart
ment in this state and the undue IN
crease of salaries for reasons entirely
outside of the best interests OF the de-
partment" are two of the chief causes.
the report says. for the tremendous IN
crease. Enlarged activities of depart
ments also contributed to the eXpendi-
lures. though in their cases. the com
mittee submits. greater regard for
economy and efficiency would have re-
duced expenses materially.
The committee in its examination
excluded the judiciary. the state char
table institutions and the national
guard outside of the Office OF the AdJu-
tant General; the departments OF Eli
cheney and Economy. the state FIRE
Marshal and the Workmer's COmpensa-
ton Commission. Regarding its study
Of the percentage of appropriations
which have been used for salaries, the
committee remarks:
"In this study your committee has
used the appropriations made IN the
preceding year. out of which the state :
employees are paid. This percentage
kent along evenly at between 10 and is
per cent until the current year, when
it took a sudden jump TO % per cent
showing conclusively that upon what
ever foundation may rest the claims
10 economy of those who were reSpon-
sible for the appropriations of last
year it was not a reduction IN the
salary list"
The State Board Of Charities, the
report says, shows an increase of SO
per cent "for the performance purely
Of its administrative functions and
the annual payroll Of the fiscal super
visor has increased l07 per cent. As to
the other departments whose enlarged
activities are mainly responsible Tor
their greater expenses, the report says,
in closing:
at is a grave question and worthy
of careful consideration as TO whether
the benefit derived from these new
laws is commensurate with the expense
that they entail. 1t is only fair that
the people Of the state should know
exactly what these new activities are
costing them, and it IS for them TO say
whether they desire these large IN
creases TO continue.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
BUSINESS REVERSES
r,vKRrrrcY PETITIONS.

,c\tF METAL CEILING 90. C.-fetiiion hIel
against he A.me Mgia, 'e a, l5 EA.i is St.
-, ". .iI - Hfoaiway Brooklyn. b' ShSnhei
Meta Criug 60. so. -. =, i'o,iuf,ie, are
nio, ns5 .,I assets ST 900 TIE business Ts'
t,r,,d in 100, and incorporated IN August WV
VII 'SI.,iG00p a RRo Petition He'd against
~ I'll BENJAMIN M4lgOod composing lhe H'ih
81 H. Ms.sool BIO "no'1 H. 1;lncs.tein,
SII. A.rAudrr Robertson. size ana Max i vr.r,
So JuIg, MAYER appointed Samu,' ~ =, .rI,'
I,. -iyer bond 5. 700. All AnlhorlIei ',n no ~ ,r
,t iy.iu... i've DAYS Liabilities. ~ 900 noun
bal asset, 81 100. actual @s-eis -ouu i'
The nominal assets consist VI STOCK > wv a. ."u
SIS 900 aud deposit ~ lease Sl0oo. Inc Oual
NIIGDAISkN Eros nc. wholesale shoe deal-
e-s ~ T., CiIurru a.. assigned 10 william T. sheI
man. \ petition has been ned S.-l'' ,..oo" ,,I
Levy a Son. $500. Eiward = Ssyase; 900. -il
rdrorora'eI IN Ma. 1918. with csptA si'k o.
s., 900 and had factory Al BT3.kl9i N' = ,s
retail store on SKIN AZ. 1o'' N'''-
NORRIS RosENsrRAuCH.P Petition hleI ,sa ,,,i
GO manufactured Of ,Olneu's hats. At hast fth
ST. lis John Auhlov. 500. standard Hat Bicck 20.
A. ..sigltirnt to Iac4ue, l.. Greeubefser LAbl-
Tiles are SlooOO. aud as,.ls S,.G9V. p.,.,o, sl.t
against Abraham Greeubaum and Samuel llshsoiI.
,I1ug bl,iur,, - ihc Rose Dress and N.!st %. At
10 Greeue S. nv Henry Gla's x Co. 400 M
itirs are 500 AID asset, Sl.pOe
SCHEDt LIS.
UAGER EMBROIDERY co. % $500 Third av.
fled schedules showing Liabilities S3-.'!i ana as
set, 81 SO consisting Of stock. S.oOO. ma,ht.
s. 900. aud equity iu irsl estate Sf'-'V' a. 'o''
5otS Third sy mortgagrd for t23.25O. A.,
: & : FIRNITt RI Co. Of ~ Avenue b' nel
schedule, shown. Hsbilife, tGl'l aud sssr''
81 OlJ. consisting " proceed" Z" saie oi SSse,' -,
ine assignee. 500. cash in JanA, wv anu 4
wagon. 500. ,.- -, 90 AZ.
nue. b. Med schedules. showing AsblhNes 'IV'V''
4ui asset, $4,000 800 s'oeh
RECEIVER APPOINTED.
PETER ECkEI.-Judge Mayer has appohled ~
ann n Rr.sl receiver for Peter Eckri. baker. oi
-.j LeuoT az, 10 serve without Compensation.
ASSIGNMENTS.
f. TANENBLATvT ~ CO.-Jscob Tsnenhlat .'a
Louis Doicn composing the rrm Of y. IAnrhp.aii q
60 manufacturers OF umbrella handles . ~
East Sth St have assigned 10 Henry Sll'tinsn. =.
IL LIS kAPLAN AND PHILIP NAItHHItIN'
manufacturers ~ lat frames a. Il BOND ST. nave
assigned 10 Isaac h Reinhafdt.
SAM III LlSS. oi :. last Iloth ST. mas ss''t'-'
ID / living MrisSmsu.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
WILLS FILED.

=. FREDERICK X. wALBRmGE. o. a., "
Brown. sister. art Charles { Mai1rlge nome,
each $50 900 Residue 10 thirteen ucylcss aid
uIeceS Cullen 4 Dykmau. sfls.
CATHERINE ANITA BLISS Mar % ~
than 800 600 20 Domestic aid Foreign M,s.o. a.
society ~ the Protestant Episcopal Chunh. w
OO0. Grace Church. Tor Dsy Nursery ami iete'o'
lent Society. $40 600. five ucpusss ami ri'ccs "a
$50 600 Augusta ~ Bliss. mother $1,000. o.sril,
10 Augusta Bliss Reese. sister. and Walter fiNs
Bliss. brother. Everett Clarke q Benedict, avs
WILLIAM 4 JENNEK Mar ~ value ~ rss
estate unknown, personal probably more 'hti ~
900 70 Grace A TAYLOR. secretary. annuity - ~
Tor HE or until marriage. residue t0 JUsepIihe -
Jelnrr. wife. Netmore Il JclHcr atfys ...
JAMES CURRY Mar l0ls more Than 49,
rcal estate. more than 500 900 personal ''ll.y
10 Howard lane CurD aud Chester Monroe ''ip'
sons Afrel Ekelman afy
CHARLES " HOGAN Mar o.. more 'h1n
.0o0 personal nO real estate in Nr1 lg-s' ~
Dorothy Hogan Gle Remcr daughtcr. inr mo ~ Va
from $50 900. a. her death prIuripa. f1 Hr ,l.'
dreu. Tcsta'or', stock Boo = Hogan ~''s. i..,,
j. LEFT in trust Cor Gertrude Elizabeth II Ssh.
Al her death income to M~. de Remcr i'fnsi'
residue in trust. income 20 wife. a. hcr DEAN 80
opal 70 daughter or her children. % Bfcn. nav
man Pl4tt. atys
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
RECORD FOR COTTONSEED
More Crushed and More Lint
ers than Ever Before.

Washington. Larch IS. - Further
progress this season in the remarkable
development of the cottOnseed prod
ucts industry was indicated in to-day's
Census Bureau report on cOttonseed
crushed and linters obtained from the
1914 crop. A greater quantity of seed
than ever before 5,493, S99 tons) was
crushed. exceeding the 1911 record crop
crushings by 572,826 tons. and a record
was established in the number of bales
of linters (772,270) obtained. 1t was
1917 more than last year. The num-
Der of cottonseed oil mills operated
was $50, an increase of 10.
As 20 or 70 per cent Of the total pro-
duction of cottonseed is crushed an
nually, it is estimated the 1914 produc-
tion Of seed will exceed 100000 tons
Its value has not been estimated, but
last years production, 100000 tons.
had a total value of $3.50. 500, 900 in oil.
cake and meal, hulls and linters.
The closer delinting of cottonseed
has resulted in largely increased pro-
duction of linters.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
NEW WORKERS ON
TRADE COMMITTEE
II 6 Chamber of Commerce to
Cooperate with Federal
Board.
From Tho Tribune Bureau J

Washington, March lS.-New YORK
ors have prominent place on the Fed
oral Trade Committee OF the Chamber
Of Commerce of the United states,
which was announced at the conclusion
of,the meeting of the board OF direct
ors here to-day. The committee, when
will cooperate with the new FeSera'
Trade Commission, is made up as ioI-
lows:
Harry A. Wheeler. OF Chicago, chair
man. vice president OF the Union trust
Company, of Chicago, and past presi-,
dent of the Chamber Of Commerce OF
the United States. 81,
merchant. president OF the Na'ioha'
Retail Drygoods Association.
Rush c. Butler. of Chicago, lawyer
of the Firm of Butler Lynde.
W :. Saunders. Of New York, engl-
neer and manufactures, president OF
the Ingersoll- Rand Company.
Guy +. Tripp. of New York chslr-
man of the board of the Westinghouse
Manufacturing Company.
Henry r. SeaGer. of New York. econo-
mist, professor of political econom!
at Columbia University.
Alexander W. Smith, of Atlanta, Ga,
a lawyer widely known in public and
business affairs in the South.
Joseph Z. Cotton, Of New YORK, a
lawyer. of the firm Of Spooner & Cot
ton.
DR.. W. c. White, of Morgantown,
W. Va. expert in mining conservation
and a member of the faculty OF the
University of West Virginia.
1--WE realize what a tremendous task
there is before the Federal Trade Com
mission" said President Fahey, land
the members of the national chamber
wish to do everything in their mower
to assist the commission. As soon as
the latter is fully organized and in
running order our committee Will have
a conference with it 10 see how the
business men Of the country can best
serve. The idea of the chamber was to
obtain the services in the committee Of
prominent and able men who have the
disposition and will be able to give
their time to the important work
Previous to adjournment yesterday
Samuel McRo5erts, Of New York, and
Joseph II. Defrees. of Chicago, were
elected vice presidents of the national
chamber. Mr.. McRoberts is vice-presi-
dent Of the National City Bank of New
York and Mr.. Defrees is a prominent
lawyer and past president of the Chi
oago Association of Commerce. The
next meeting Of the board of directors
will be held in New York City about
two months hence.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19

cIost, and Suits. ...,
AKnoN-M ONell Co: W Too'n' "
Akno%I To q rcd,rmsn 4 Co: L q Federm'n' Il
" I'D a.. 10th floor. - r.. q Phillips;
BIRMINGHAM. ALA Burger ID q CO. ''"''''
BrnSnNGiiAM. ALA~Th. Partisan &C, Go; so M'' "
lsht'oot Job suits 3,3 ,th ,, IN, liG w 32d
CHICAGO Ilillmsns: II VI h''lm'"' Nv
cIiIcaGo" "' Klein. Inc. Pepper; 81 on'o" 81
colt o. IpMBRars-I A Kirr.n Co; d K'r''"' % OF"
ps * II .io''i rr-Em.v O Co; NJ" Reid Ito
NDliSAroLis. 3 9 "a CO. q M Nh dcoi' '
Los ANGELES BNay Dept store
rf q .o,,Ta CO... Wolf Jobs OF suits 81
p,r 4%R Ss T. B BoSs Bull Mecreey 81
26ih -. sth foor. ~. ,o,, rns,lb.rx
RICHMOND. yA-The Cohen Co: M'' h''''
CT I-I9 Br sin iva B 9aS Fuller D Co: H'r-
rs S2,eTsSt m. r,ia, Royal nj" Bod-n and
NJ E Cohen. Is " 23d st.
waists.
AKRoN-M oNein Co. 7 Tobin. Jobs f" J"
c, I2,n ~ oW,t,bsll Field Co: Nj" McoOllom
and Mis-, skinner: lOt Worth At.
CIlICAGO-L Klein. Inc. & Pepper. Jobs; 81 Union
1ypiASAP0LIs-w Block Co: NJ Block;
Los ANGELES- Bwsy Dept STORE: Kretch'
pF i9sR mTns' Co: Wolf Jobs; al Union
70. 81 floor.
AKRON G Fed.rmsn & Co; L O F.d.rmsn; n
W 23d st. 10Th floor
AKRoY-M oNerI Co: W T Tobin: 81 W 2Sh
CiIicAGo~L Klein Inc: C Pepper: 81 Union 50.
cHcAGo-Hnmans: II NJ Hnmm and Mr..
Gum. ll6 W sgd st. 1871 floor.
INDIANAPOLlS-Nm II Block Go: VI Block:
LAKE. CHARLES "a TUT. wash dres.e.
aOj iih az. Room I07
Los ANGELES Bway Dep, Store: A Kr.tch.
ST LOUIS SiT. Baer Fuller d g Co. A s
Harris. catalogue. - W 23d a.. 10Th floor
PEORlA-Clsrk 60. r Wolf Jobs. 81 Union
san FRANCIsCo-Th. Emporium Miss Many
80 tth az l2lh foor.
PITTSBI RGH- Boggs Bull. McCreery. 81 w
-tih s. S'h floor.
AKRoN-M O'Nen Co: Tobn. 81 W Goth
INpIANNAToIls- selg D G Co; Miss l. MARKS;
OMAHA Burgess Nash Co: Mrs Mchsel,; 1893
ST LOFTS six. Baer Fuller G Co; A S
Harris. catalogue. n 23i st. 10th foof.
P.ttieoat,.
CHICAGO Klein. Inc: Pepper. jobs: 81
INDiANAfoLiS" Seils D C Co: Mr. Hahn: 1861
PEORIA Clarke & Co: Wolf. Jobs: 81 Union
81. 80 floor.
Millinery.
BIRMINGHAM Burger G Co: Phillips: lS
" I'D 81. 81 floor.
CLEVELAND Bailey Co: c Moshek Il W 23d st.
10Th noor
COLUMN :. GA Kirren Co. Klrven: 80
PoRriANp. ORI:-Llpmsu Wolf Co. ] Dol,n: 100
Jth
Muslin Underwear and Infants' Wear.
NEAPHIS-B Lowenstein Bros Miss Frank; %
18th IT,
ST LOI IS-B Nugent & Bros d Co. Miss For.
40 Nh Az. l.th foOr
PORTLAND. ORL-Lipmsn VOL Co: Dolsn: 100
9Th
Mem, and Boys Wear.
CHICAGO-M.ndel Bros: W Morse. mems cloth
ing. D. l. I'D 81. l-th floor.
CHICAGO M0u'gomery. Ward & Co Mr. Wood.
hat, and caps. T. Bernard. furnishings hats
and caps: a. W 23d
CLEVELAND MAY 60. & + Carlson mems fur
uishing, - W 18th st. nth door.
Miscellaneous.
CHICAGO Siegel. Cooper co; n 5 Kline. white
NEW ORLEANS 4rk,- IsSscs 90: & CtOuhem.
furnishings. lN W 23d -. ID noor.
ST LOUIS-B Nugent 4 Bros ID q 60. Mr. Schwartz
meyer linens and domestics; 40 ith av. 18th
ruur
san FRANCISCO-Raphael Well & 60: + H,r-
pei rugs and upholstery goods: - / 10th st.
18th n0Or.
T0LEDO-M l. Miner & Co: Gerdes. white
goods. - " ed 81. Sth floor.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-03-19
Timely Neqvs of the Merchandise World
PUBLIC UTILITY NOTES
General News and Earnings Oh
Various Corporations.

The annual report Of the American
Power and Light Company for lyl9 mas
been issued 10 stockholders. The IN
come account of the parent company
shows a balance Of S93998 after de-
Quoting reserve for depreciation in ad-
dition TO interest charges and dlVl-
dends on the common and preferred
shares, and the combined balance sur
plus accruing 20 the American Power
and Light Company as Of December o.
1914. was 81 ,325,l6 Subsidiary com
panies show substantial increases botn
in gross and net earnings for the year;
An increase of - per cent IN gross ana
IS per cent in net was made by the
Kansas Gas and Electric Company, the
Pacific Power and Light reports an m
crease Of per cent in gross and 10
per cent in net, and operating subsldl-
aries of the Southwestern Power and
Light Company show an aggregate IN
crease of % per cent and 70 per cent,
respectively. Combined gross earnings
Of subsidiary companies made gam
Of - per cent and net earnings OF 10
per cent. Total gross revenue for the
year amounted to $6,615,094, OF which
80 per cent was derived from electric
light and power, % per cent from arti-
fetal gas, 8 per cent from natural gas
3 per cent from railway and 3 per cent
from water business.
The report of the Dayton Power and
Light Company for the first month OF
the year makes favorable comparison
with earnings for January Of 1914. A
large increase was shown in surplus
earnings, which increased from $3.50
in 1914 TO $2l 1923. gain OF over 40
per cent. Operating ratio for the
month was 50.l9 per cent, which com
pares with 60.66 per cent in the pre-
ceiling year. Gross returns amounted
to S97, 702, an increase Of more than 10
per cent, and net earnings after OPP
Grating expenses, including deprecIa-
ton and taxes, were s4S 669-nearly a.
per cent above those OF last year.
There was an increase Of over p per
cent in the amount expended for divi-
dends on the preferred shares. total
disbursements made being slO,3O9. In
terest charges on outstanding bonds,
sinking fund etc. we're $l7,82l, against
S17,346 paid in the previous year.