Daily capital journal. (Salem, Oregon) 1903-1919, 1916-11-11
State House News
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Because the public service commission
in previous hearing had eliminated
"Going value from their finding as
to the value Of the Portland Railway
Light and Power company, and had laid
aside the 'icvsr of financing" the
company until it was running, the COM
pany this morning filed petition for
a rehearing and reconsideration of var
ious items in the findings handed down
in the former decision.
The former investigation was on the
initiative of the public service COM
mission. The corporation, in asking for
the rehearing, states it reserves the
| right to test the correctness. reasonable
ness, and Legality of the findings of
the commission.
Reconsideration of the findings
where by no allowance was made for
going value of the property, which
is not to be confused with "good will
as commonly termed, is the special re-
quest made. The corporation also asks
for a reconsideration of the following
items:
That the value of the working capi.
tai is 81 100000, that no specific allow
ance should be included in reproduc-
tion of overhead costs, that determi-
nation of proper allowance in reproduc.
tion OF overhead costs for interest dur
ling construct on be made, that allow
ance be made for reproduction and
bcttermcnt OF the property from De-
cember 81, 1912, to June 30, 1916, that
the findings as to the relative value
of the franchise be made and note TAX
en- of the companys parks and resorts
The company demurs to the finding
that $7l7 7,3S6,000 should be set aside
as depreciation annuity. The state
ment is made in the findings of the
commission that the total cost of the
property in this the sum of SO, 3,l46,562
as part of the cost.
The Rogue Rived Valley Canning
comany has written to the public ser
vice commission requesting a reduction
of the rate on shipments from Medford
to Portland TO the rate given the Utah
Idaho Sugar company from Grants Pas.
to Portland. W. c. Larned of the can
ming company says he wishes to ge'
into the Portland market on an equa
basis with the California Gamers, who
lay their goods down in Portland fol
l2ia cents per hundred by the watel
route, while he is compelled to pay thir
" cents. He asks reduction of tel
cents. The Southern Pacific compan,
in letter to the commission fails t
agree with the contention of Mr.. Lar
ned and the matter will probably CONF
) up for formal hearing.
The gross operating earnings, stat,
, and Interstate, of the Pullman com
! pany, as flied with the public service
commission today, is given as sl,709,
, 30s.37. oregon's s proportion of the a
! boyc sum on the mileage basis is SAIL.
666.s0.
:, Yesterday the ear shortage droppe,
!, from above the three thousand mari
! TO s9l6.
Governor Withyeombe this mornin
[. issued warrant of arrest for Fran
pimental, prisoner in the state pcni
I. Tertiary who was sentenced for burg
larry and paroled, and turned him owe
: to n. W. Madden authorized representa-
I tive of the state of California. Pimeni
al is parole violator from the Califol
y MIA state prison where he was confine
!. for assault with q deadly weapon wit
! intent to commit murder. The petitio
: for requisition was made by Ed u
Whytc. California state parole office
Pimental has been serving two years !
the penitentiary here.
n Official returns from Gillian. Hoo
4 River and sherman eounties were 7,