The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1925-01-01
City to Share in Extensions
to be Made by Gas &
Electric Co.
s1O,OOO,OOO IN STATE
Subsidiaries to Spend Ten Mil
lion in Expanding Proper
ties in Wisconsin in 1925.

Kenosha will share in the expendi-
ture of more than $10,o00,000 in Wis
consin during the year 1925 for the
extension and improvement of utili-
ties properties owned by the North
American company, according to the
announcement received here today by
the Wisconsin Gas and Electric COM
pany. The company owns the gas
and electric plants here, the street
railway system, and the interurban
line, known as the M. R. and K.
The announcement from the main
offices Of the company contains no
specific reference to Kenosha or to
the amount that would be expended
in development of utilities here, but
H. M. Pauley, manager Of the Wiscon-
sin Gas and Electric company, stated
that he had been assured that Ke-
nosha would receive its share OF the
improvement program.
The announcement outlining the
general improvement program of the
company, as given out from New York
today, reads as follows:
To Spend $A1,5OO,OOO In All.
president F. L. Dame, of the North
American company, announced today
details of the corporations plan for
physical expansion during 1925. he
said that approximately $41,6oo 600
will be expended during the coming
year for new construction work and
other development.
Plans for the Northern Ohio dis
trict, surrounding Cleveland, call for
the expenditure of approximately
$40 OOO,000 in 1925. In the Illinois
Missouri district, centering around st.
Louis, expenditures will total about
S11 100000. Construction and I'M
provements in the North American
company,s several Wisconsin subsidi-
ary properties will amount to approx
mately $1O,o00,0oo. The electric and
coal properties in Western Kentucky
will be improved to an approximate
cost of 100000.
Provision has been. made for these
expenditures. Approximately $3,000,-
600 will be obtained through the stock
dividend policy of the company. The
balance will be or already has been
obtained through the sale of bonds
and preferred stocks of the subsidiary
companies. During the last two months
subsidiaries have sold to investors
SIS, 500, 900 in go bonds on a BOZ
basis. This financing provided on an
extremely favorable basis is nearly
one-half Of the 1925 construction cost.
sThe demand for electric light and
power is an excellent barometer OF
business said Mr.. Dame. Practically
all basic industries are represented IN
the sections served by our companies.
Among these might be mentioned the
mining of coal, production of chemi-
Gals, steel, automobiles, clothing, food
products and building supplies
Outlines Plans for State.
S. B. Way, vice president and gen.
eral manager of the Milwaukee Elec-
trio Railway and Light company, and
who is also the operating executive
of the other subsidiary companies of
the North American company in Wis
consin. stated that the budget of ex-
penditures to be made for construc-
ton and improvement in Wisconsin
during 1925 indicated that about
ST 100000 would be expended in the
expansion of the gas business; $3,400s-
900 for necessary improvements and
extensions in the several railway
properties and s5,400,0O0 for extern
sions and improvements in the electric
business, including expenditures in
electric generating stations supplying
power to both railway and electric
utilities. Of the total expenditures