Great Falls daily tribune., 1920-01-07
FlJEI, ADMINISTRATION HANDLED
547l TONS COAL, PROFIT 1924
Report Covering Business Transacted During Fuel
Crisis Submitted TO Councils Auditing Commit
tee by Accountant; Ordinance to License Autos
Rejected.

During its existence. November l, to
December 29 1919. the Great Falls mu-
niGpal fuel administration handled
SAL tons of coal filled $3.50 orders.
received S45.95O20 in cash, paid out
$43,57O,SS and realized profit OF
$924O4. These figures are shown In
the report of G. w. Rogers. accountant
for the administration, which was read
at the city council session Tuesday even
ing. Including the accounts receivable,
amounting to $413.51, there is on hand
with the administration balance OF
$2.792.92 while items listed as contin-
gent and other liabilities total 81 .s6S.SS,
the difference, $924.04, representing the
net profit.
The approximate amount of coal re-
ceived from the dealers of the city was
1925 tons and 2,246 tons were obtained
from these sources: citizens committee,
pounds: Birch s. Sons. 519,S00 pounds;
Park hotel, 10000 pounds; Lethbridge.
1S6,SOO pounds; Wyoming, 395 600
pounds; Great Northern, Col 600 pounds.
Claims Outstanding.
Coal produced by the citizens com
mittee aggregated 100000 pounds, for
which the administration received So
4O1.31. Volunteer miners were paid
s., 100, freight and hauling charges were
$2.23O.53 and claims amounting to
$5S1.12 have not been presented, leaving
profit under this head Of $4SoG6.
duced by the miners was sold for So,
334.1O. Freight and handling charges
were S754.95 and the normal cost Of
the coal at the mines, $1O7S.5O. is car
ried as contingent liability, leaving a
net profit of $50O.65. Commenting on
this detail of the report Mr.. Rogers
says in part:
''--No official or authentic
donation of this coal was even made to
the fuel administrator, from either the
miners or the operators. therefore,
have included, as contingent liability,
the price Of this coal at the mine.
amounting to $1,O7S.JO. This leaves
| an apparent net profit of $5OO.65 from
the distribution of this COAL
To Auditing Committee.
Some small bills against the admins
tration may still be received the report
relates. but in this event amounts due
will be paid from the sum carried on
the records as profits. The report was
addressed to the auditing committee Of
| the city council and was turned over to
| that body. of which Harry Stevens is
! chairman for examination and report
| Proposals for furnishing the iron pipe
to be used in the construction of the
new mains leading from the water plant
to Boston Heights and for the work in
excavating and back filling will be i'm
mediately asked for. Recommendations
will be made by the city engineer next
week as to whether the mains shall be
laid by the water department between
! dead ends within the city. Retweel
Twelfth street and the plant contrac
covering all work will be let, but al
other places it may prove adrantageou:
to include a part of the work in tht
duties of the water department. Eng
neer l.. B. Evensen stated that 3.O0t
feet Of pipe is now on hand and that i
the water force is designated to Ia!
portions of the new main the work Cal
be put under way and some progres:
made before the contract is let.
Furnished by City.
All of the pipe to be used will b.
furnished by the city. the contract t.
cover only the excavation, laying 0
part or all Of the mains and back filling
Advertising for bids for furnishing th'
pipe has been delayed owing to the be
lief OF the council that prices would
| drop. but Tuesday night the opinion was
expressed that istead of diminishing. tht
! cost will increase in the near future.
| The ordinance providing for thu