Salt Lake Telegram | 1933-04-14 | Page 5 | Gas Companies Show Deficits

rCA'S GAS COMPANIES r i SHOW DEFICITS B Although operating revenue for the v year increased operating expenses mounted still higher and the Utah Utari f r F. F G Gas Gis s Coke company found itself ITin uin in the red at at the end of 1932 the ther r r. r company's annual report to the state public utilities commission revealed Friday Oper Operating ting revenue totaled an increase of over 1931 earn earn- p. p logs Ings but operating expenses alone u. u reached not including 57 paid in taxes and in un collectible bills the report shows The I deficit for far 1932 mounted to C the company reported when interest payments were made Th The Ogden Gas company and the Wasatch Gas company allied concerns concerns con con- cerns also reported deficits for 1932 The Ogden concern reported opi op- op i t. crating revenues of and operating op op- crating expenses of plus taxes of or a deficit for the year of The Wasatch Gas company servIng servo jag Ing communities in Salt Lake Utah Davis Tooele Weber and Morgan counties reported a deficit for the twelvemonth of Operating revenues revenues' were and operating expenses not including taxes of and in bad bills bus On the other hand the Uintah Gas company serving consumers in Vernal Vernal Ver Ver- n nal l and the Leland Electric Light Telephone company operating in Utah county reported a profit for forthe forthe the year The former concern reported report report- ed operating expenses of against operating revenue of which left a profit of after pay pay- ing taxes and other charges The Utah county utility rep reported ope operatIng operating rat ing income of oC after alter all expenses were paid