Thomson's manual of Pacific Northwest finance

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Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Section VI. Public utilities

Collection:: Economics Books

Sma a STITT gmren Xo THOMSON'S MANUAL SEATTLE MUNICIPAL LIGHT & POWER DEPT. GENERAL OFFICE: County-City Bldg. Seattle, Wash. HISTORY: On Jan. 31, 1902, Seattle's municipal light and power plant began with authorization of $590,000 in bonds to construct a generating plant on Cedar River. Two 1,200 kw. generators were officially started Oct. 14, 1904. The Cedar River plant was expanded until in 1914 a, total of 40,000 kw. was developed. which was insufficient for city’s growing needs. In 1914 a steam plant of 7,600 kw. capacity was opened on Lake Union. In 1917 the city applied to the Federal government for a permit to develop hydro-electric power on the Skagit. This was granted on Jan. 18, 1918, and con- struction of two 30,000 kw. generating units immediately began at Gorge. On Sept. 27, 1924, the Gorge power house was officially opened. In December, 1926, permission was received from the Federal ‘government for further development on the Skagit at Diabolo, and construction work started on a tunnel and power house to contain two 55,000 kw. generating units. The city’s Skagit River development is said to have an ultimate possible maximum of one million horsepower. SUPERINTENDENT: J. D. Ross. INCOME STATEMENT 1903 TO 1929 Revenues Expenses Depreciation 15,470 22.659 116,826 A220 195,881 Ne 315,756 Le” 163,662 sgt 292,54¢C or r1 2 92¢ 2,33" “04,87! ,045,57¢ ,063,731 ,205,5634 259,808 ~ 29,766 087,563 1778,651 218: TEI CT €f2,96E £1,7¢ Va Surplus $ 18,876 11,025 24,086 26,5633 99,459 103,427 152,541 191,696 274,657 840,967 192,083 409,518 100,331 371,500 473,995 655,469 952,987 694,303 785,600 700,097 414,443 349,760 582,549 992,305 594.314 LO08.civesnsss 1906............ 1907... 1208....... Leng... 1c Na A -——— 29,505 5,231 "4,42¢ 3,06: 5,637 158 03! 232 fal 6° 5,172 09,258 47,5683 “44,128 -73,422 “80,932 “n9,14 9,17" 49,029 590,676 635,509 693,097 742,492 177.727 oD N25 Af 34 “9.4 ,0% 59,87 125,7¢ 039,61 185,1° 193,8¢ ,406,7¢ ,633,265 1,825,095 2,062,265 2,130,215 2 794 481 .,60f J,601 8,89¢ 196,451 302,621 2° 2,300 “5,8€¢ 2,13 0 . - 023, .31 .,007,674 1.012,674 COVPARATIVE CONSOLIDATED BALANCE SHEET, As of Dec. 31 ASSETR 19290 1928 1927 Right of Way... __......... » 989,065 988,965 $ 988,965 Land, Bldgs & Equipment .... 95,282,809 “5,110,588 23,607,675 Special Construction .. . .... 9,005,106 4,965,040 1,740,035 INVESTMENTS ceeeooeeoemeeaeemanneceemamannassnnnne. =enen 113,340 “02,870 285,030 3ink., Redemp. & Special ¥und ._... .. ¢ 1,530 0,906 592,926 CIBAEL oe cmsrmman mma mn smn wes san wamimm das ARS HS SA i i 1 “6,687 2599 3,836,684 Bond Sink. & Redemption Deposits........ 1,425 560 42,0517 Fund Loans Payable ._.......... emma 1,230 ..4,573 5,607,479 Accounts Receivable .ceceevcccecs eens 1,986 wh 061 1.045.980 Receivable on Bond Sale............ . ..... 2,600 or ememana J Materials and Supplies.....cccceceeeeececceccaes 5,635 2.1 #168 1.872,481 Merchandise for Sale. ...ecececeeeeeens 2,676 £1,704 .3,331 Other Assetd .......... aan 26,352 J, C& 48,074 Unadiusted Debits ......... ee .T72,299 2.44004] 1,967,743 TOTAT, ASSETS oon. 849.826.641 $42.993.903 $40.963.464 LIABILITIES — Bonds Outstanding ..... ........ Warrants Outstanding ....... . Fund Loans Payable... co Reserve for Claims_........ oo. Unaudited Claims oomiiiianes Accrued Interest iin, Consumers’ Deposits inn. Deferred Liabilities oot Unadjusted Audits BUTTONS rns nominees som sane ws ams smn TOTAT., LIABILITIES oes reer $31,391,000 327,282 5,140,230 734,783 157,976 381,265 "3,386 232,097 18,90 269.725 10 R926.641 $26.305,000 £5,129 1,224,753 756,927 788,749 323,001 623 50E 1 1,764 10,265,562 £42.993,903 $25,591,000 72.674 5,067,479 591.503 191,328 316.002 86,292 37,301 17,796 8.992.083 240) 063 464

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