The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1919-02-25

local plant cost of 4.42 cents on
100000 new investment, or A cents
on a $75,0 600 new investment.
To the returns which show up
plainly in the records, must be added
some of those actual financial bene-
fits which the city has received, and
for which, as a city, they have paid
nothing.
Take the item of street lighting.
This should be paid for each year by
a tax levy, just the same as the city
chased the current from an outside
producer.
The white way lamps on Egan ave-
nue. and Center street constitute a
load of approximately 80 X. w. If
these run IN average throughout the
year of 10 hours per day the total
current consumed would be 109, 500
X. w. H., which, If purchased at "a
cents per X. W. H. (local production
cost would amount to $2,62S per
year.
These lamps have been in use since
1915 or a total of approximately
three and one-half years, making a
total donated to the city by the cleo
trio light consumers) of $9,198.
Previous to the installation of
these lamps, arc lamps and later in
ca~ndescent lamps were used on Egan
avenue, but as I have no records of
the number or size of these lamps |
will eliminate from this statement
the cost representing in this item.
On the residence streets lighting
circuits the load is approximately 23
K. w. This load operating an aver
age of 10 hours per day, 365 days
per year, total $3.50 X. w. H. for
the year, which current if purchased
at "a cents would amount to $2,-
014.S0 per year. This load has not
been uniform during the period COW
cred by this report, but has grown
slightly, however. assuming an aver
age annual cost of $500 during the
said period (Which deduction would
be liberal) the total cost price of the
current furnished would be S13,680
for seven years and seven months,
making a total of street lighting cur
rent furnished $22,S7S.
The current used in operating the
to the waterworks. At least at ac-
tual production cost. These pumps
were installed in 1912, and have done
all the pumping since some time pre-
vious to October / of that year. The
average daily running time of one
pump (the small one) to furnish all
water used can be co~nservatively es-
timated at 10 hours. ct operated
from 1912 to 1917 at from 9 to 10
hours per day.. The operation of
this pump requires Is X. w. when
pumping against the average domes-
tic pressure. AT this rate the yearly
consumption would be $500 X. w.
H., which at "a cents per X. w. H.
would amount to ~$1,576.80.
This pump operated from October
1, 1912 to August 1, 1918, used cur
rent to the amount of ~S9,192.74.
The operation of this pump is taken
to August /, 1918, although 1t ac-
tually ceased operation on July 27,
but the former date is taken for the
purpose of rounding out even months
and in fact the pump began the city
pumping much earlier than October
/, 1912. 1t was, in fact, early in
September, 1912, if my memory is
correct.
This makes a total current con
sumption not charged for, and run
ming e the periods mentioned Of
$32,070.74. This same current pur-
chased at 3 cents per X. w. III.
would amount to $39,404.42.
We have now covered practically
all details incident to the operation
of the plant during the period cover
ed by this report, and / wish to sum-
marize these details into a few round
numbers that may be better under
stood at a glance.
The detail figures and records in
the city auditors office show that the
plant has
Cd Covered a clear deficit in the
waterworks system of $4,000.
(2) Has made permanent i'm
provements in the electric plant and
distributing system, street lighting,
etc.. of $4,000.
ca Has transferred from its
earnings into the other city funds
(sinking fund, contingent fund, sew
er fund and street fund.- a total of
s20,S0O.
(4) Has furnished current for
street lighting and pumping water for
which the plant has received prac-
tically no credit, a total of $4,000.
Or a grand total of $115,700.
In doing this the plant has been
assisted by tax levies to the extent of
$4,000.
Leaving a balance to the credit
and accomplishment of the plant of
$8S,700, and this has been accom-
plished in the space of seven years
and seven months.
This amount Of $88,700 must rep