Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-17

phone as compared with SIS a month
asked in the old petition. For q one
party business telephone it is asking 81
a month as compared with SO a month
In the old petition.
In each case the petition is for unified
service by which any telephone user may
reach subscribers using either auto
matte or manual telephones. The petit
ton declares the unifcation will be COM
pleted on or about Jan. q, 1922, and asks
that the new rates become effective Feb.
1. The petition calls attention to the
fact that the commission in its last or
der pointed out that with unifcation
Of service an entirely new rate struc-
ture will be necessary.
REFERS TO
FORMER PETITION.
The petition has this to say about the
petition now pending:
THAT on June 90 1921, the petitioner
filed its petition in this cause, asking the
approval of a certain schedule of rates
which are designed to yield a fair re-
turn upon the fair value of the petit
TONERS exchange property in the city
Of indianapolis. That a financial state
ment was filed by the petitioner, show
ing the revenues and expenses of the
indianapolis exchange, and that an in
ventory and appraisal Of the property
at such exchange were fled by the petit
TONER with the commission That an.
audit of the looks of the petitioner, COW
ering the operation of said exchange, has
not yet been completed, that no appraisal
of the petitioners property at Indian
spolis has been made by the commission
staff of engineers, and that said cause
tug. hnN oh
examinations, Investigations and apprais-
ais should cause delay In the trial of
this cause upon the issues rendered by
the original petitioner herein, such de
Law in event no relief is granted to the
petitioner In the meantime, will cause
further great and serious damage to
+be netitioner and will result in injury
10 the petitioners business and to the
interests Of the people
NEEDS CAPITAL TO
IMPROVE SERVICE.
THAT with the rates and charges now
in force 1t is impossible for the petitioner
70 obtain additional capital to make ad-
d,tIons and extensions necessary to care
for the growth Of the petitioners bust
moss At indianapolis or to furnish that
commodity most essential to the public
the highest character Of telephone serv-
ice"
The present rates were fixed Feb. o.
1920. The petition has this TO say about
them
That the rates provided by said order
Of Feb. 0. 1920, under which manual serv-
Ice has been rendered and the rates now
IN force under which automatic service
has been furnished, have not yielded TO
the petitioner revenue sufficient to pay
operating expenses and have produced
nothing whatever for return upon the
property Of the petitioner st Its Indian
apolis exchange, although based upon the
insufficient tentative valuation aforesaid
and the actual cost Of net additions to
the petitioners exchange property since
said tentative valuation was made. That
after the consolidation Of said telephone
system at the city Of indianapolis. the
rates authorized by said order of Feb. o.
1920. when applied to such tentative val
uation aforesaid and the actual cost OF
subsequent net additions, will not pro
duce annual revenues sufficient 10 pay
even the expense Of operating said prop
critics when combined, and will not be
sufficient by the sum OF approximately
100000 to yield even a per cent re-
turn upon such insufficient tentative
valuation. together with the actual cost
OF such net additions"
The company still has pending petitions
for increases in various other Indiana
cities.