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Show , UoWEU CO REPORT ' V REFLECTS GROWTH OF TIHS SECTION ,he report of the president to the I holders of the Dixie Power Com-51 Com-51 ws made public this week. Ex-"L Ex-"L from this report are printed bc-t bc-t not only of the company, but of they reflect the steady advance-'euthwestern advance-'euthwestern section of the state. "I, total income of the company JJe year from December 1, 1926 to 'Ivember 30, 1927 amounted to $111,- L divided as follows: Sale of t ri'c energy, $108,341.46; sale of I rchandise and miscellaneous, $2,-"463- and interest from customers, ''1 comparison wkith the net income of 1926 shows an increase of 8.25 per "on November 30, 1927 the company . . , 2032 connected services as com-ed com-ed with 1883 on the same date in & an increase of 7.9 per cent. Regarding the extensions and better-rents better-rents of service during the past year 4e report states: -The Company owns all of the capi-, capi-, stock of the Red Mountain Water pany, which built a canal 4.41 uies long, including a large syphon pipe crossing Santa Clara canyon, and ijso a reservoir known as Carter dam; tie dam being an earth fill 1668 feet .ong and 45 feet high at deepest point. Tnis dam 'will impound 1350 acre feet 0( rater. The financial requirements f the Water Company were supplied bf the Company and all indebtedness ipon completion of the work, was paid by issue to the Company of capital stock of the water company, at par, in amount of $85,000. A wood pipe flow line, and steel pipe pressure line, of combined lengths ot 13,221 feet was built to convey water from the Carter dam to the Sand Cove plant, which has an 800 K. W. Generator Gen-erator direct connected to a Pelton type water-wheel, operating under a head of 407 feet. Three cottages, for use of employees, were built at this plant. A canal 6492 feet long (including (includ-ing a short rock tunnel) was built between be-tween Sand Cove Plant and the Gun-lock Gun-lock reservoir; this reservoir consists of an earth filled dam 650 feet long, 25 leet high at deepest point, with capacity capac-ity for storing 54 acre feet of water, and is used as a regulating dam for ft. 1 Plant. "The No. 1 plant was removed to its new location at Gunlock where it is f wed by both reservoirs; service of jl ' lis plant was restored October 2nd. "Additional extensions of 33,000 volt transmission lines were erected during the year as follows: "Vk miles connectinng Sand Cove and Gunlock plants to main line system. sys-tem. ' ! miles in extension to town of Sew Harmony. 5'i miles in extension to Mid-American Oil Company. "23.65 miles in extension to Zion National Park; this line will serve the towns of Springdale, Rockville, and Virgin in addition to supplying servcie to the contractors upon the Mt. Car-mel Car-mel highway, and the hotels and tamps in the national park. "A new sub-station consisting of 3 SI K. W. transformers were installed "t Cedar City, and the 3 100 K. W!. transformers, formerly used there, re re-located at Parowan Fields; toth. of these changes were required ' meet increasing load demands. "Our 300 H. P. gasoline engine auxil-T auxil-T plant was removed from Iron . brings, and re-established in a new brick power house at Cedar City substation. sub-station. "A contract made with the Telluride pn Campany provided for the con-action con-action of 33 miles 33,000 volt trans-aion trans-aion line to inter-connect the sys-le"is sys-le"is of both companies. This line has te' been completed, and inter-change nice for emergencies is now avail-le avail-le to protecting the demands of cus-'CIners cus-'CIners f both concerns. The com- is obligated to purchase the IJlhem half of this connecting line, ''nin five years, at cost, e total expenditures made this upon new plant, lines and other :-term'ents amounts to $165,306.04. Demand for service from mining Nations is materially increasing. E'e construction of the Mt. Carmel :sh'ay, of which over six miles is 4 as solid rock work, will absorb 'MSe amount of our Power, and sub-. sub-. 1 new business is assured from ngdale, Rockville, Virgin and Zion ajnal Park. J1 Preferred shares of the com-jJ-J e held by 95 owners; the com-h" com-h" shares by 298 owners; of both irs !!eS .there are 277 customer own- uaUe's" 'n Irn and Wasnington "Th w,.6 steady growth of the cornet corn-et S,,business establishes the fact sis Pration is upon a sound its lalge local ow1161"511'!3 J h 6S' indicates confidence of 7 -Pan CiUStomer owners in the future t')mln Iron and Washington r rvice ,fnterprise dependent upon our |
