The Birmingham age-herald., 1916-06-04
COMPTROLLER LEVY GIVES FIGURES ON
 CITY LIGHT PLANT
Claims Excellent Financial Showing Since Birming- ham Acquired the
 Property
To the Editor of The Age-Herald.


 |. In your issue of this morning, am incorrectly quoted by Mr. James R. Tin dal in replying to my published state ment of the operations of the North Birmingham electric plant
 At the time of submitting my report to Hon. James Weatherly, I was not aware nor was it my desire to enter into any discussion of this question, but as this issue is now before the peo- pie, I deem it fair to them and to me to give the true facts as I prepared them and will ask that you kindly all low me this space in your columns to present these facts from my published report:
 It appears that the question to be determined is what the result of the operations of the city's electric plant at North Birmingham has been from January 1, 1910. to September 30, 1915. have therefore separated the opera tions of the water works from the cleo tric plant from the time those plants came under the control of the city of Birmingham, January 1, 1910. The rev enue included revenue receipts, S64.- 32; street lighting furnished to city, $21, ,434.75. The expense included oper- ating expenses, $63,S27.56; depreciation. $1O,107.01; interest on $50,00O bonded debt at per cent, $14,375. I assumed, for the sake of argument, that the pro- ceeds of all the electric light bond issue, amounting to $50,00O, was &C., tually spent in the construction of the electric plant and charged interest on this amount at per cent, also depre- citation on a value of $29,761.74, which q G l,0 1tr 1ft {, o1o .,s1 30, 1910, on the city's books and on all additional improvements and ex- tensions from the time they were com- pleted at per cent per annum, and sub- init below statement of these opera tions:
 North Birmingham electric plant op- erations, January 1, 1910, to Septem- Der 30, 1915:
 January 1, 1910, to June 30, 1910, rev enue, s5449.5o; expenses, s524335; profits, $12o6.15
 July 1, 1910. to September 30, 1911, revenue. $16,977.92; expenses, s21,- 526.S2; losses. $454S.90
 October l, 1911, to September 30 1912, revenue, $17,31029; expenses, s17,- 882 .S5; losses $572. .56.
 October 1, 1912, to September 30, 1913, revenue. $14,270.25; expenses, 14,46670; losses, s196.45.
 October 1. 1913, to September 30, 1914, Revenue, s15,117.61; expenses, $14,S52.02; profits, $26559.
 October 1, 1914. to September 30, 1915, revenue, s16,0595O; expenses $14,- 337.S3; profits, $1721.67.
 Total revenue. $S6 1s5.O7; total ex- penses, $8S, S,309.57; total profits, $3195.41; total losses, $531791
 The question before the people is the question of a municipal electric plant. Will he deny that the city commission turned this electric plant from @ loss in the 15 months ended September 30, 1911, to profit of $1721.67 during the year ended September 30 1915, after there was deducted interest on bond ed debt of $50000 at 5 per cent and depreciation at per cent on the pres ent value of the plant which includes all improvements and extensions from the time that Birmingham assumed charge of this plant?
 The books of the city of Birmingham are public property and open for ex- animation to the public. I will be glad to go over these figures with MT. Tin dal or anyone he may designate. Yours very truly, LOUIS l.. LEVY, City Comptroller.
 Birmingham, June 8, 1916. that Preparedness is National Insur- ouCc, duO d IOSt Ol OtHcTS
 The most impressive incident of the day was the stoppage of the whole line at ? o'clock when the marchers and spectators joined in the singing of America"
 There were factory girls in the line and millonaires. but there was no way of telling millionaire from clerk by his position in the parade, except by personal recognition.
 No contingent was more enthusiastical- ly applauded than that of 1000 students from the University of Illinois, where military training, Is part of the course
 Mayor Thompson. General Barry, Judge Landis, Secretary of the Interior Lane and Arch Willard, who painted the famous Spirit of '76'' were among those in the reviewing stand.
 Directors of the municipal playgrounds, in blue trousers, white shirts and hats, occasionally performed the goose step, which was in invariable signal for ap- plause.
 The little division of G. A. R. veterans, who went into the civil war unprepared and came out the most formidable mili- tary body then on earth, were cheered to the echo.