Show J Prom PrOUt for or March l 23 and Juniors at High School are on pins and need les this week anticipating their big event of the year the Junior Prom The Prom Prom- Promenade Promenade enade will be Friday evening beginning at and the Post Prom will wUl be Saturday evening beginning at Both will be in the Uintah High School Gymnasium The theme for the dance is isi i If Dreams Come True I Music will be furnished by Tal Wardle's Orchestra Committees for the Prom are Dale Caldwell Chairman Pat Walker Publicity Roy Caldwell Finance Kathy Knight Promenade Howard Carroll pictures and pro pro- programs programs grams Scott Orches- Orches Orchestra Orchestra tra and Brownie Tomlinson decorations The Junior Class Assembly will be held Friday afternoon with Connie Fox ox in charge of the Assembly ity and S sees Cs an even greater expansion for the future which will mean the sale of securities in competition competition tion with other securities on the open market In requesting a change to ton toa n a more equitable method of accruing money annually for depreciation of its property the concern set forth that its present method Is not ado ado- adequate quate to provide an allow ante ance necessary to maintain the integrity of its Investment and will impair its ability to attract necessary nc capital to ro- ro replace place and expand its i ties to serve the public I Continued on page 8 Po Power r h Continued from page I 1 MR NAUGHTON said that utility has exercised every economY available to It but that operating costs have continued to rise and inflation inflation tion has caught up to us so that we can no longer absorb rising costs through the practice practice tice of operating economies Everything we buy to build new facilities and to operate and maintain present ties lies has Increased from 20 in some categories to 60 In others since 1952 Tax levies evies interest rates wages and ben ben- benefits aU all have gone up The consumers consumer's price Index has risen more than 15 13 In the past decade This modest increase Mr Naughton declared will wUl permit to continue to provide the kind of electric service the region has been re- re receiving re and to which it Is en en- en entitled titled It will also help us to build for the future of this area whose general economy economy is so rapidly THE APPLICATION re- re requests requests quests that the rate Increase becomes effective with bill Ings on and after May 2 In a separate application the utility seeks commission approval to acquire the as- as assets as sets and assume the ties of the Telluride Power Company acquired all the voting securities of Tell Tell- Telluride in May of 1958 1950 and has been operating It as a wholly owned subsidiary since that time Acquisition of Telluride the application alleges will willbe willbe be In the public Interest In that it will eliminate duplica- duplica duplication tion and permit simplification of operations and financing |