New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-11-04
Relevant Facts
Consumption of Electrical Energy

Consumption OF Electrical Emery
Returns received by "The Electrical
World" from % per cent Of the total
rated generating capacity Of the cleo
trio light and power central stations
Of the United States for August last
indicate that the earnings OF the en-
tire industry throughout the entire
country for that month in the sale OF
energy for light and power companies
we're $4,000, 900. an increase over the
previous August OF IL per cent. Tho
OUTPUT for the same month for the
entire industry was 1910, 100000 kilo.
watt hours, an increase over August
1916, of 1875 per cent.
The percentage CT increase over the
corresponding month of previous gears
for August was noted 20 be slightly
less than for the preceding months.
This is especially true OF the Last.
During the month of August the East
ern states underwent q very trying ex-
perience with hot weather. Numerous
plants found it advisable to close down
for a day or two during the height OF
the heat wave. The same was true Oh
of;ce buildings and stores. During
those nights people prepared to stay
outdoors, and for that reason the con-
sumption Of energy for electric light
irg was somewhat less. There were
also some labor disturbances. psrticu-
lsyly in some OF the Western mining
regions, which caused the cessation OF
operations in many instances over
period of days.
Pittsburgh tSeel~-Sales Of this com
pany for the quarter ended September
80 totalled $1o,s79,461. an increase OF
s4.6O5,256 over the corresponding
period Of 1916. Net profits after set
ting aside sI,3s6,23a for estimated war
profits and income taxes amounted to
s2,o4s,s44, a decrease Of $i64,2os.
Chicago. Milwaukee 4 St. Psul.-The
common stock closed yesterday at the
new low record price Of AZ. a net de-
cline for the session Of "a points.
The, preferred was also weak, closing
4 no;nt, lower at so. No new explana-
ZION was offered for the decline. Re-
nor,s were revived that the common
5ividend will not be earned this year.
N,tor Stocks WeskcAnnouncement
that the government may commander
n.rt Of the facilities Of automobile fac
tories TO fill it's requirements was fol-
lowed by pronounced weakness In the
motor issues yesterday. General
Motors a. IS was on 2's points. while
Chandler Motor closed at so. OF 31-
no,nts. On a turnover OF 800 shares
~. cormon stock Of the Maxwell
Motor Company broke 70 1917, de-
Linz of 81, points, and the lowest
nrice since 1915 when IL touched 15i4.
New Chemical Compsnies-The for
nation of new companies to engage IN
thu manufacture Of drugs, chemicals
and DIVES. in the month Of October, In
VOWED an aggregate authorized capt.
tslization of 5000, 900. according to
,.bul.tion prepared By THE Journal
Of Commerce This amount was ien
than half tho total espltaiization 10
september, when $i2,g25,ooo OF new
csnitsl was invested. and compares WIN
\ total OF si3,10i, 900 IN tns mon.n
Of Aurust. In October, ,iSio' tne
amount Of authorized espitsl IN su en
concerns amounted 70 Sze,ooo'oVo.
Since the beginning OF the war tne
total expenditure for the deveiopn,ens
Of these companies reached total OF
s266, $4,000. q