Show nn DI 1 VALUATION l ON ta dA A olland Contests ont Company panY Petition for Raise I II I in Rates 1 I Holding that a fair rate of return on onh ont t h he of ot the Utah Gas and andone nd one oke c company Is in the th neighborhood od raper cent and certainly not to ex- ex tB 5 eta 8 S per cent a brief of or Salt Lake Lakey lIy Ity y tiled flied with the public utilities com- com 1181 eslon luion n today protests against the alance al- al I ance nce by the commission of the new newal al n submitted by the company Ich Is In excess of t the l aU n fixed by the commission on onIs hI hh Is pr property perty last spring 11 The he e gas company at the recent hearon hear- hear nt on its petition to raise raie its rates ked ed t for r 8 per cent rent return on the new n which it is said would be q to about 11 per cent on the theal al fallen aU n fixed by the commission Will fill VIII II It J Folland olland city attorney In his r ref et f ur urges es that no different valuation b ban n the one the commission 1919 be made that It is en- en Irely uncalled for and cannot be ar ar- ar- ar arrived rived iced at under the pleadings and evidenced evi evl- e c d advanced at this hearing that ih thel he is entitled to earn a fair fairo Vat o of return upon the tho valuation heretofore heretofore heretofore here here- fixed that that such fair rate return lenn the nel neighborhood of 7 per cent c certainly 6 not to exceed 8 per cent |