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Show - QHieS PBOHT i we mi Utah Power & Light Company Com-pany Offers Advantages to Patrons. More than I ,"?0,u00 of tho 7 por i-ent vroiVml sind ot t lio I'tah I'uwor l.iht oonipanv iv now ownol bv its I'ustumors, mvonluii; to a slatomont oitn om yostonltiv by tho ofiii-ors of iho !iijltini; I'ompuny. Of this total, mm o than $ 1 ,;0o.0H0 roprt'MVits jiun-hasos mado dining tho !;ist your or t wo in tho upon murk ft, aiul 70.iVM is tho amount of stuck pur I'husoil airoot trom tho oompauv ilnriin; tho lust fow weeks umler tho 'plan af iuunn-ol by tho I'tah Power l.iyht -omp;niv in September, to seemo a wi.ier distribution of tho ownership ;mii oarniiiiis ot tho oompanv in tho eoimnn-nines eoimnn-nines which it seres.' This plan for noIIuw its st,.ok .lir.vt to ils oustoiuors pi" 1.1,-s both tor yn moiil in r:ili at Iho tinio ot miIim ripimn ;ni,l for puy mom in mumII inontlily uisl a 1 1 nion t s, thus permit 1 1 Hi thnM of mo.lorato nieiins to (ko m!vamas;o of Mho investment, op-t'ottunily op-t'ottunily ofu'ro.l. It is Mini thai tho ;ti.Oim r preforrod stork rooonlly suhl mehules n Inro numbor of mnal'l t.ub soriptmns rannii; from one to fivo shares oaoh, on tho nionthlv pavment plan. In ooMneetion with tho salo of Itn stook ,lir,vt to tho con mi mors of its product, tho officials of tho l:tah Power l.iht oompany vostordav made publio :'oino interesting figures which show tho lai-L'o extent as weM as tho sulistaut iiil growth of tho cocpuny's business. Those figures are of general interest, in that' they ivo a eoiiiproliensi o iiloa ol' t he 1 rapid development of the linv,o torn-torv torn-torv soi'ved by t ho ' ctnupa n . M'his ter-i ter-i dory em brae os rout va I und no rt horn I'tah, so'tt hea stern Idaho und western ; i Vlorauo. Paring tho four and a half year period cover oil by I hose figures, tho I'tah Power tv. l.iht company lias itepured so von additional power plants, making t orty t'i vi such plan s which tho com pan v now operates. More than 70MO miles ot" t ransmission and dist rdmt ioa lines are in use, showing an increase of 1."hm miles, or about IS per rent. Tho population of tho territory served shows tho remarkable inrroaso of ' I per rout and now totals more than L'Shi.OOD. Tho numbor of euslomors served by tho ooin- pain hr.s increase!! from about. Itl.iHlH in iPlit to tU.Sl.'l on September 1 of t lun year, or about tio per rent. Tho constant npplieat inn of elect rii-current rii-current to now uses; tho important fart that water power is used almost entirely bv tho eonipn n v for the j;ener:i t ion of olectrio runout, nothing it. independent of the fluctuating supply and prion of commercial fuel, and tho assured growth of tho territory served, point nanuhtak-ably nanuhtak-ably , in tho opinion of tho of flee rw ot the Ptah Power & 1iht. company to a st endil v ineroasine; vol u inn of business. The officers of the lijht company believe be-lieve that this stork, with its nssured annual dividend of 7 per cent, which is paid in qua rt oi ly inst allmen t s, prov ides an unusually iilinn-tivo investment, mid they will be n'ad to furnish complete in format ion enure ru iiifj tho offering ol this preferred stock upon application at auv office of tho company or to any employee. |