Show Dixie Power Company Pays Dividend on Preferred Stock I Al Although the report repart of the Dixie Power Power company Company 1 for The year rear 1931 1901 1831 made to the utilities commission commis sion slon recently shows an Increase In operating revenue of approximately over the previous year ear the company company com com- pany really suffered a loss of during the year ear While revenues Increased increased in- in creased the expenses Increased also due due principally to the necessity of oC running the tha Diesel plant at Cedar City because of the shortage of wa water water wa wa- ter at the other plants The punt plant here was operated day and night for five months during the year ear earThe The fixed capital investment of the tha company is placed at in the report and it shows that the company is serving nearly 2600 2800 customers In Iron and Washington counties The Tho company had operating revenues In 1931 of paid In taxes and had an operating income o of oC was p paid ld In dividends to stockholders but to do this It t was necessary to take tate out oat of th the tha surplus account No dividend was paid on common stock of th the company which ta a held by the North American Gas Oas and Electric Company Had no dividend been paid on preferred ed stock a profit of would have been shown according to th tha th report While the earnings earn of the company compan inhere j re not very satisfactory during the ar Reid H H. Gardner general enerd ui t that the company Is not t arid and officials are look loot In for a more profitable year In 1932 |