The broad ax., 1925-12-26
ITS BUSINESS FOR 1925, WITH 755OOO CUSTOMERS,
WITH $4,000 STOCKHOLDERS, 1858 EMPLOYEES AND
MORE THAN TWO-TFIRDS OF THE EMPLOYEES ARE
STOCKHOLDERS IN THE COMPANY
1T is BY FAR THE LARGEST OR THE MOST GIGANTIC
ELECTRICAL MANUFACTURING CONCERN IN THE
WORLD.

No business concern UT manufactur-
ing enterprise in the world can meas
ure arms with the Commonwealth
Edison Company, for its name has
become a household word throughout
the universe and it IS readily admitted
that the Commonwealth Edison Com
pany are the greatest OF the most ex-
tensive manufacturers vi electrical
goods Of every description in existence
al the present time
The latest report Of the Common
wealth Edison Company shows that
the company is in the most prosperous
condition.
Mr.. Samuel insult, president OF the
Commonwealth Edison Company, in
his wonderful address to the stock
holders Of the company recently spoke
in part as follows:
The total business in the year Of
1924 amounted to S53,672, AL; total
assets amounted to upwards Of $780,
100000; the expenditures on new
plants during the past year amounted
to more than $3OOOO,OOO, or more
than the entire capital stock only
seventeen years ago. that is, in the
course Of the twelve months Of 1924
more money was invested in the bust
ness than was invested in it in all the
years between 1887 and 1907.
An institution like the Common
wealth Edison Company either goes
backward or forward. In any OF the
great centers Of population Of this
country we are accustomed TO seeing
increase in population and in business
year by year And any utility oper-
ating in such a community that has
not at its disposal large amounts OF
new capital, such as enables it to make
the necessary investment in plant
which is essential in order to take care
OF new business. must fail in its func-
tions to the community, and must
therefore go backward
The method Of raising new capital i
to issue either bonds or stocks. This
year probably We will not spend ~
much on investment account as was
expended last year The high expendi-
lures come every few years. In the
meantime, We have only certain
amount OF ordinary expenditures to
make So the amount Of new capital
we will require in the coming year
will be considerably less than that rel
CURED in 1924,
Sometime during the year. how
ever. we shall offer to our stoCkhold-
ers a 121z per cent increase Oh their
existing holdings, amounting in total
to S1O,837,2 200 The total authorized
capital of the company amounts to
$1OO,O00OO0 With the additional
stock Just referred to, and that which
is reserved for the employees savings
fund, we shall come within a few hun
dred thousand dollars Of reaching the
e,r+bOrizad icc,,e
1--WE are putting III there today two
$4,000 kilowatt units, and one 60,OO0
The 10000 kilowatt unit II already
running. The next unit that will be
put in there will have a capacity of
10000 or $4,000 kilowatts, and the
chances are that after that We won't
put anything under 100000 kiiowatts
in that particular station.
These figures will give some idea
Of the vast amount Of power being
developed from one single turbine and
electric generator combination"
The Year Book Of 1925. reveals the
fact that the Commonwealth Edison