Show POWER COMPANY ASKS PUBLIC TO PAY Traction Corporation Wants r ants Increase of or Rates to Meet l Depreciation What hat the Utah Light Traction company asks of this commission I Is 15 to give us a fair fah return on a property properly valno value val val- ue uc of or is t as of oC 1918 and as valued b by the commission at nt that Urns tin The property was waa purchased in 1911 1 and the he purchase price is of or no moment loment it this time It having been contended that the price was too much muche We e ask ak the public pub pub- lic Uc to pay for Cor- depreciation in the tho fu future future fu- fu ture turc not in the past and we look to tho the commission to establish a a. fair lair return on the valuation and we ask aslan an 8 S per cent earning on this valuation This in brief brier was the testimony of H H. F F. DIcke general mana manager goer of the Utah I Light Traction company compan before the tho public utilities commission in the hearing hearing hear hear- ing of or the application of the company an for tor an increase In ta fares res from Crom 6 to 7 cents 4 1 dents for students and und 1 I cent for tor transfers Mr Dicko was on tho the stand all of the afternoon H He was examined cross by hy T. T D. D Walton Vallon E E. A. A Walton alton and Richard Hartley At the morning morning- session V. V Y V Davoud valuation engineer for Cor the n COIO company occupied the stand aland Ho said that while tho the property of or the tho traction company had bad not yet reached a a. stage stas-e when it would have to be bt largely ar ely replaced it was rapidly drawing near the time when this would have to bo be done He Hebald saId bald the life lIfo of an ordinary car is about 25 years cars and tho the oldest cars no now no used b by the traction company were 19 old old- tenths Nine-tenths of or tho timo present track track- age of the company ho hIt said Is over 20 years old His examination cross was large largely technical V When en the commission adjourned adjourn d for forthe tho the day It it was until Friday morning at pot 10 o'clock when E E. 0 O. Howard president president president dent of oC the traction company compan will bethe bethe be bo bothe the first witness called culled |