New-York tribune., 1918-06-22
Corporate Returns

= Utah Power and Light Company. -
Report for May discloses gross earn
ings amounting to $443,413, which com
pares with $405,845 for the correspond
ing month of 1917. Operating expenses
and taxes totalled $21O,41O, an increase
OF S17,868 over the same period of last
year. Total income amounted to $24O,-
751, against s222,702 for May of the
preceding year. Net income after
charges for the period was $99,9S8.
Gross earnings for the twelve months
earnings were s2,791,426, compared
with $2,44l, ,316 for the same months
of the year before. Dividends received
totalled $97,354, bringing the total in
come to $2,888,78O, which compares
with s2,526,624 for the corresponding
period of the previous year. Net in
come after charges were. $1,258,18O,
against $1,222,686 for the twelve
months period ended May 81 Of the
year previous, an increase Of $35,686.
Pacific Power and Light.-The COM
pany reports gross earnings for May
of $148,417, compared with $127,055 for
the corresponding period of last year.
Expenses and taxes amounted to S78,954
leaving net earnings of S69,463, from
which interest charges of SAL ,738 were
deducted Income after charges to-
tailed S27,725, a decrease of S2,859.
Gross earnings for the twelve months
ended May 81, 1918, were $1,747, ,46l,
compared with $1,522,404 for the pre-
ceding twelve months. After expenses
and taxes of S846,439, net earnings
amounted to 1901, ,022, against $749,-
vious year, an increase Of S151, ,658.
Interest charges were s454,O98. leav-
ing net income of $448,924,
which compares with s337,213 for the
twelve months ended the same date
the year before. Dividends on the pre-
ferred stock paid during the period
totalled $181,1s3, leaving a balance of
$267,741.
Dayton Power and Light Company.
Gross earnings for May amounted to
month of the preceding year. Operat-
ing expenses were $118,623, compared
with $92,512 for the corresponding
period of last year. Other income
totalled $3,062, bringing the total to
$6O,300, from which deductions for
contingencies, interest, sinking fund
requirements, ETC., of $43,88o we're
made, leaving net income Of $16,420.
Kansas City Gas and Electric.-The
company's report for May shows gross
revenue of $l66,366, an increase of
1881 over the same period of the
year previous. Expenses and taxes
were $111,241 and interest charges
S3l,l7o. Net income amounted to $23,-
947, compared with $13.93O for the cor
responding month Of 1917. Gross earn
lngs for the twelve months were ST.
o2e, ,742, against 81 ,691 1863 for the same
months of last year, an increase of
Sl38,373. After expenses and taxes of
81 ,285,2o1 had been paid, net earnings
totalled S544,A61. Surplus for the
period was $92,790, decrease of S87,-
761.
Portland Gas and Coke Company
Statement Of operations for Nav dis
closes gross earnings of s141,631.
After expenses and taxes of s74,6Os,
net earnings Of s67,o23 were account
ed for. Income after charges was s37.-
o!2, an increase OF $21,541 over May
OF 1917. Gross revenue for the twelve
months ended May 81. 1918, totalled
1908, against s1,279,142 for the
same period of 1917. Net income
amounted to $342,524. which compares
with ,s27S.543 for the corresponding
period of the year before. Surplus
was S2o2,524, compared with $136,543
lor the preceding twelve months. an
increase of $65,981.