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Show THE SALT LAKE TRIBUNE, SATURDAY HORNING, MARCH G, 1920. ings, operating expenses aftd Pet earnings This of the I'tah power gislem only. shows that there has been a continuous of the Increase In the gross earnings lighting si stem from 1,112.319 34 In 1916 to 1,621,994.30 In 1919. The gross earn- ings for power were largest In 1916, when they were ataiut 10OO more than two and million. Last year they were 12,193.021 94, which was just a trifle more than In 1917. previous Increases having been at the rale of alwnit Jtmi.OOO a year from 1, 96, 319 03 In 1915. Street lighting gross earnings have shown a steady Increase from 126,339.13 In 1915 to In 1919, while' public service corporation gross earnings climbed eleadllv from 306,716.30 In 1916 to 403,000.32 In one-ha- Additional Annual Revenue of $2,000,000 Sought in t t Application. Extensions Impossible Without Relief, Counsel for Corporation Says. 'Healing oil The IHaJi Power & THIOl company applji atlon for an Imrewse In rate sufficient to raise $2,000,0u0 addibegun tional revenue per annum yesterday morning before the public utilities commission of Vtah. The day was taken up with the opening statement of John F. Uc,ane, general counsel for lha coinp&ny, and the diiecl examination of George B. Thomas, secretary and treasurer of the company, on the historical, financial and operating data of the eomjMinj, and of Markham B, Chee-vechief cr.glneer and general superintendent, on the engineering and practical featuies of the companys plant, Mr. Maclaine said that If present conditions are continued tile company would suffer extinction by financial strangulation. He saftl that large Investments are smalt Infor comparatively necessary creases In the net returns under the present rates, and that this simply meant that no more extensions could be taken up unless relief were granted. Mr. Thomas was heard in the morning and Mr. Cheever at the afternoon session. was reserved The right to bv numerous of the attorneys present arious protestants. representing r, cross-exami- Detailed Data Given. Th principal exhibit of tha company was prepared by George H. Thomas, secthe company, ana retary and treasurer of financial nd opfa entitled historical, .This exhibtt gives a brief erating data. company of the the of history summary from its organisation, and also explana-toi- y notes on a number of supplements, which give a list of the various companies Into the Utah Fo r amalgamated Ught company and describe each briefly. Various financial statements for- the past five years of operation are also given. One of these assumes that Isthe L tan entitled power ststein of the company to an 8 per cent return and to a 4 per cent of or earnings allowance, depredation These 12 per cent for these two Items. Investment net returns sre figured on the at as shown bv the books of the company year, and the statethe beginning of each net excluearnings, ment shows that the sive of depredation and return, were In-in no year efjual to 12 per cent on the vestment as given. lf To Open the Season! t t at 1. ecial Prices for 1919. Expenses Increase. Operating expenses as a rule showed like steady growth, the single exception beingi for the Item of near business, on whb-l97.769 69 was spent, In 1913, as against 06,710.04 In 1919, when this ex pense was ths lowest In the history of Taxes Increased at the the company. fastest rate of all the operating expenses, being 19X466 45 in 1910. and 44b HOI 9 In 1919. The largest Jump In taxes paid on the I'tah Power system was between 220,000 approx! 1916. when they were mately, and 1917, when they were Just under $340,000. The total operating expenses were In 1.160.200 72, while In 1919 Ihev were 1915. Hue to the large power out 1. 76V 245 9S. the heaviest put In 1916, that year showed net earnings, exclusive of depreciation and Interest on the Investment, of 2.691,-62- 6n In 1919 this had fallen to 2,661,-6e94. 34. The company In 1915 made net earnings of 1,696,690.07. In Our Suit and Cloak Dept. , From 9:30 to 5:30 Suits, Skirts , Dresses, Waists, Blouses Another statement elves the gross fixed earnings, operating expenses, and charges of the company as a whole, sources. This shows from all that last year the company had gross earnings to report of $4.818.707.71. the largest In Us historv. Operating expenses, likewise the largest in the history of the company, were $2.(37.838.43, leaving the net $2. 361.389. 29 earnings from operations The company has various other sources of income, such as Interest on bonds merchandise sales, dividends on stocks 6 and the like, totaling tflat year 70. From the total net earnings of $2,907,626.99, bond Interest was paid to the amount of $1,178,300; dividends chi preferred stocks to the total of $921, debt 046 73, while interest on floating and bond discounts and expense brought the total of fixed charges up to $2,569.-29- 8 64. From the $318,327.46 remaining out of the total net earnings, the comfor aside $250,000 set depreciation, pany covered $68,827.48 Into surplus. The net divisible Income for 3919 was the second largest In the history of the $ company, that for 1918 having been 13, of which $200,000 was set aside for depreciation and the remainder went Into surplus. The Most Striking Creations Also And an immense variety of particularly attractiye petticoats, kimonos and childrens coats. Racks, tables, cabinets and shelves are now completely set with the new for Spring, 1920. $486,-70- Other Activities Listed. A Wonderful Showing of New Spring Merchandise. Z. C,M. I. Millinery Special - 4.917,-02.3- 4. pt FORMER RESIDENT OF DIES 5.-- Mr. g, i? It is so .valuable a food beverage, so rich in the elements of nutrition, so deli- cious in flavor, and so wholesome that it should be used regularly and often. Booklet of Choice Recipes sent jree. WALTER BAKER & CO ltd Established i wo. DORCHESTERrWASS. -- pf f r TTT 7 1 MrTTTTT FT TTTT T T T T r MM IVrfr I M. I. . Is your rug or carpet looking somewhat worn? If Youll so, visit Z. C. M. I. Carpet Department. find the newest and most striking display that you have seen in years. NEW RUGS NEW CARPETS NEW DRAPERIES NEW LINOLEUMS The latter comprehends a carload of the newest patterns, in both inland and printed linoleums. Opposite Soda Fountain. Caramel and Cream and Snow Choco- - fV lates ; special We have unpacked a carload of the famous Ranney .Refrigerators now is the time to select just the size you want and have it delivered to suit your conyen-ience- . . f fif for complete freedom In the distribution are reported in a Central News dispatch from Berlin. Arrests by the profiteering court led the mob into conflicts with troops. One person was killed and many Injured. CITYS MILK SUPPLY MEETS RIGID TEST . selling milk In Salt Lake and under the city Inspection passed the monthly test, according to the February report of the city board of health. Under the Ice cream test, all but on Ice cream manufacturer was successful In meeting the requirements. The milk standard is 2 per cent butter fat. 12 per cent solids and not more than 250.000 bacteria bacilli. THe he cream must register 14 per cent butter WASHINGTON. March 5. By a strict fat. A The report of the creameries and lie par4v vote, the house tonight adopted tocream establishments Is as follows: rule providing for four hour' debate morrow on' the report recently submitted by the aviation Investigation committee, sites Representative 1ou, Democrat, North Carolina, had characterised It as 'an asinine performance" put over by the Republi-asteering committee. Representative Garrett, Democrat, Tennessee. brought a roar .from the Democratic side of the chamber by explaining that "this was a rule providing that the house do nothing tomorrow and meet-ahour ahead of time to begin." Mr. Pou charged that Republicans were driven to vote for tne rule by the steering committee so as to get the talk before the country for campaign purposes. Mr. Garrett Bald that In the attack winch would be made tomorrow on Secreto remember that tary Baker It was wellwar had been half If the secretary of as inefficient in making war as the Revtaa in making peace publican party American soid.'ers still would be in bat" tle Chairman Campbell of the rule comTrain Service Resumed. mittee calted for a vote and the rule was TACOMA. Wash., March adopted, 145 to 113. Regular electric train service over the Cascade was mountains today begun by IN RIOTS Milwaukee A St. Paul railroad, mat regular train leaving the westMUNICH LOCALITY the ern terminus here. The Caeeade electrification extends The Serious riot at from Tacoma to M hello. Wash. LONDON. March road has Sou miles of its lines e.ectrified Munich and thrashing. 76 Jmiles northIn Montana. Idaho and' east of Munich, arising from detfiands A : Saturday Candy Special of foodstuffs, 4 Z. C. M. I. Carpet Dept. . Z. 4 REPORTED Rugs, Carpets, Draperies, LADIES MUNSINO UNION SUITS A fine knit summer I nion Suit. White, also pink, with low neck, no sleeves, wide knee. $1.50 values for.. $1.20 $1.40 $1.75 values for LADIES JERSEY RIBBED SUMMER VEST Wii low neck, no sleeves. Special price..., 15c FLANNEL SKIRTS OUTING CHILDRENS with waist attached; in white and colors; up to 50c 5 years. Special CHILDRENS BLACK, ALSO WHITE, KNITTED A broken line, specially priced at 50c BLOOMERS LATTER-DASAINTS GARMENTS An exceptional value in a fine ribbed or a fine flat weave. $1.75 Price .. ALL OTHER GARMENTS IN STOCK AT SPECIALLY REDUCED PRICES H.TR Charges G. O. P Leaders With Manufacturing Campaign Material. only an occasional drink. LADIES BLACK, ALSO GRAY. SILK HOSE A regular $2.25 net value. Special sale price $1.90 LADIES BLACK, ALSO WHITE, SILK HOSE $1.75 (Seconds. A regular $2.50 net value for A SPECIAL DISCOUNT OF 10 PER CENT ON OUR ENTIRE NET VALUES OF LADIES SILK HOSE LADIES BLACK MERCERIZED COTTON HOSE A regular 50c net value. Special 39c Seconds. LADIES FINE LISLE HOSE In black, also brown; seconds. A 50c net value. Special price 59c CHILDRENS FINE RIBBED COTTON IIOSE In black, white and brown, with double woven heels anil toes. Seconds. A net value at 5oe. Special 39c price GIRLS AND BOYS FINE RIBBED BLACK COTTON HOSE Very dressy, and fast "black; sec350- onds. A net value of 30c. Special BO YS AND GIRLS COTTON SCHOOL HOSE Very durable and fast black. ,An extra good value. 40c Special sale price LADIES FLANNELETTE GOWNS . SPECIALLY PRICED .$1.95 $2.25 net values for $2.16 $2.50 net values for $2.35 $2.73 net values for ; values $2.15 tor $3.00 net We have a full line of Dr. Dentons Sleeping Garments. ' ' mistake of think- ing that cocoa Z. C. M. I. Special Saturday Values All dairies Do not make the $10.00 i inner i is 'welcome T 50 Trimmed Pattern Hats, worth $15 and $18, today, your choice at POU DENOUNCES yfmj time ddatf BAKERS COCOA TVrTTTTT TODAY ONLY coni-pan- S Childrens Dresses House Dresses $546,-25- GREAT INTO THE ATLANTIC i An Impelling Opportunity at Z. C. M. I. t Gross Figures Given. This same supplement shows that the gas and steam heat activities of the company did not pay even the operating expenses In 1919. Except for the first year, 1915, when the steam heat operating expenses were $2900.67 and the gross earnings were $3015.62, the steam heat never has paid operating expenses. Hast year the r jss earnings of the steam heat division of the company's plant were $105,074.38, while the operating expenses were 1132,81.30. Thus the remainder of the system had to pay not only the Interest on any capitalisation or debts of the steam heating plant, but also even the y expenses of operating It. and the would have been financially better off if the plant had been idle. .ast year the companys gas plant, located at Ogden, earned $79,774 90, while the operating expenses charged against it aid 9h6.721.41, In other ers, however, the gas plant has always shown in the Earnings Are Shown. neighhoUjood of $15,000 or $20,000 net Considered on eueh a basis. tbe J oar revenue from operations. 1917 was the boat financial year in the The net earnblatory of the rompanv. STORM PASSES ing that jear mere 2.578,041 6.1, and thla was l.in9,;ril.?i abort of the 12 per cent calculated on the Inveatment as Indicated. The follow ins year the net earnings from the power avalem are given000as 2, SOl.-IWASHINGTON, March 5. The storm had been i,4o0 96. hut an additional Invested during the year, according to the of almost blixzard proportion which has was return books, so that the actual swept over the country from the northl 642 808 92 short of the 12 per cent asked for as fixed charges for return and de- west apparently had plunked out Into year the company 12claims the Atlantic tonight, leaving a trail of predation. I a st of 40, 960,852 61, per stranded shipping in it wake. Reports an Investment cent of which would amount to to the weather bureau showed that a deof exclusive The net earnings, In wind, accompanied 12.66,7,600.34 predation and return, were a many sections by now and sleet, marked from the power system, thus leaving to sea of the disturbance the the of passage return" on the deficit" "required hoie eastern half of the United 2.2. f, 102, the largest in the history of the over the States. At sea its coming had been forecompany. Ill defense of the use of book showing of told by storm warnings, but reporta of driven ashore came quickly steamers investments, Mr. Thomas testified: "Mince no valuation of the company's from the Virginia coast on the heels of property has been made, and such valua- the warning. bureau officials said Weather tonight tion cannot he made within a reasonable method of arriving at the that the wind Would dimmish in force r time, the only some the the center aahdre of In. and hence night, investment during company's alue of Its prop-a- a the disturbance passing on to aea. Toapproximation to a the atatement of the capl- - morrow. they said, would show generally a whole is by east of the Missis4kexpedUureaof the various predecessor lower temperatures with winter cold reccompanies, and of this company abstracted sippi river, possibly ords equaled in the northern half of the troni Its books. Atlantic seaboard. Ite hind the cold spell, however, warmer Dook Showing Explained. weather lurka for the central and south"As a measure of original Investment, ern portions of the storm-swearea, the It is believed that this statement is ap- forecaster said. Within a few days there the bulk of will be a marked rise In temperature. proximately correct, as for account are ex)enditures the books of avudable, and they appear to have been Jt of fair a accuracy. with degree kept Is believed, on the whole, that If there an Indicate books COLORADO the are any errors, understatement rather than an over-In as statement of the total Investment; to The Tribune. the case of the earlier companies there Special' SUSAKVILLK. Cal., March adequate Bonnie appear to be. In many cases, tio englseer-InWinn, wife of O, O. Winn, who charges to preliminary expense, and many came here front Montrose. Colo., a few interest during construction has died of influenxa, leavother items of cost which must have en- months ago, tered Into the construction of the prop- ing three small children. Her sister ha arrived from Boise, erties." Another supplement gives gross earn Idaho, to care for the children. C. If j .J DRUG STORE IS AT; SO. MAIN STREET! PRESIDENT EXTENDS CLEMENCY TO JELKE (Chicago Tribune ..Special Service.) March 5. President Wilson has lilted the shadow of, the federal penitentiary which for six years has fallen across tl life of John F. Jeike, millionaire oleomargarine manufacturer. Mr. Jeike was sentenced to two years in the federal penitentiary and a fine of 14,000 on May 5, 1914, when he and eight associates were convicted of conspiracy to defraud the government of taxes on Seven .artificially colored oleomargarine. of Jelkes associates escaped with fines. Sentence was followed by an appeal and a number of reprieves, and Mr. Jeike never spent a moment behind the bars. Jetke paid the government a tax of 0 which was said to lie of doubtful collectibility. in view of his willingness to satisfy the law's demands. President Wilson decided not to enfipree the Imprisonment sentence. Jeike also paid the fine and costs of Hi.oeo. Francis M. Lowery, secretary i nd general manager for Mr. Jeike, also was sentenced to a prison term, but If Is understood the president has also pardoned him Mr. Jeike would the case today, but his wife confirmed the fact that a pardon had been granied. Mr. Lowery Is now living In b'atc Diego, Cal. 7le IHile &llow CHICAGO. f cXERES tomato iSOUPlh ofr agrs n oatcif w' Oa P W.lTA tm ''s'-'- . 238.-00- A Friend Recommended Them. often does more good than he realizes when lie tells a suffering friend how to get wpll. J. X. Tohill, clerk Lottie Hotel, Evansville, Ind., For weeks I suffered con writes: stantly with pains in the muscle of my thigh. I was treated bv the doctor for rheumatism, but found no relief. Lpon recommendation of a friend, I tried Foley Kidney Pills and began to Good get relief almost Immediately. ' 'v' I' iVNN' if A person rheumatic pains, stiff for Drugs. (Adv.) joints. Prhramm-JohnsoREPUBLICAN MASS MEETING. Hear Major J. Reuben Clark tell the true farts regarding the Mexican situation. Halt Lake theater. Falurday. Marrh , 6, 8 p. m. free. Everybody invited. Admission (Advertisement.) If you are unacquainted with the effl. rlemy of Tribune Want Ads, try them and set what they will do for you F YOUVL an enchanting little fellow in vour home a little kid that you're ever so anxious to keep healthy and rosy give him 1ierces Tomato Soup. Hell thrive on it! roly-pol- Made from the choicest Utah tomatoes and the finest creamery butter, Pierces Tomato Honp is more than delicious it's thoroughly wholesome, easily digested and wonderfully nourishing. Pierce 'i Tomato Soup daintily satisfies both the children and tha groom folks. YOUR GROCER HAS IT. ..everlastingly backed by Sanatorily packed THE UTAH CANNING COMPANY The Paddy of 'Em All. Ogden Since 1.S3S.; |