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Show DIXIE POWER SHOWS PROFIT Earnings of the Dixie Power com-! com-! pany were lower in 1927 than in 1926 but the company still showed net earnings of $19,231.76 in its annual report re-port filed with the utilities commission Monday in Salt Lake. Operating revenues reached a figure of $112,034.39, an increase of several thousand dollars over the preceding year but the operating expenses were increased even greater and the net operating income were nearly $3,000 less. Interest and amortization charges charg-es w-ere greater and the company's net learnings for the year were found to be I $5,788. 68 less in 1927 than in 1926. j Out of the $19,231.76 net earnings i the company appropriated $12,080.58 I for dividends and transferred the bal-iance bal-iance to surplus. Dividends were 7 per ' cent on preferred and 3 per cent on the common stock. An addition of $164,281 was made to the corporate assets during the year largely through capital investments made possible by an increased debt and the sale of additional ad-ditional stock. Deseret News. t |