488 INDEX
Annuity, Table 28, explanation, 390. Business, volume in relation to rate-Table
 29, Amount which $1 will pur- base, 160, 161.
chase, 404. what the owner should know, 6.
Table 29, explanation, 403.
Antigo Water Company case (see Court
cases). C
Appraisal, as a basis for capitalization, California, public utilities act defines
130. “Public Utility,” 146.
as a basis for fixing rates, 127. state constitution on regulation of
as a basis for taxation, 138. rates, 143.
extent of detail required, go. state constitution on public-utility
tabulation of field results, 194. control, 146.
various purposes, 123. utilities law prescribes depreciation
(see Valuation). fund, 168.
Appreciation, Consolidated Gas case, | water-right values in the state, 225.
New York, 71. Capacity in excess of requirements, 8o,
definition, 23. 82.
excessive, 7I. Capital, invested, as rate-base, 30, 32,
included in cost to reproduce, 76. 138, 158.
Minnesota rate cases, 76. methods of amortization, 32.
shall it be added to rate-base, 74. returned, owner’s rights to, 170.
treatment of, 73. (see Amortization).
Western Advanced-Rate case, as a Capitalization, appraisals for the purprofit,
 73. pose, 139.
(see Unearned increment). of franchise value, 69.
Appleton 2s. Appleton Water-works Co. (see Over-capitalization).
(see Public-service commission Capitalized profitsin mine valuation, 240.
decisions). Cast-iron pipe illustration of replacements,
 98.
Change of rates, frequent, 141.
B Charles River Basin Commission, en-Base
 physical cost, 158. gineering expenses, 45.
Basic price of metals, 245. “Com,” for commodity unit, 274.
Basis of calculation in rate fixing, 155. Competition in public service, 149.
Beggs on engineering expense, 55. Complex plants, amortization and re-Bluefield
 Water-works and Imp. Co. placements, go.
Rate case, 316. Composite age and life, definitions, 22.
Bonus, effect on rate-base, 156. Condition per cent, definition, 20.
to induce investment, illustration, 14. Construction account, Interstate Com-Boston,
 Charles River Basin Commis- merce Commission, 229.
sion, engineering expenses, 45. Contingencies, Am. Soc. of C. E. Comsubway,
 engineering expenses, 44. mittee quoted, 49.
general expenses, 49. Control of public utilities, naturally
Business, cost of establishing, 26, 63. followed privilege to operate, 142.
prospective, must be considered, 36. of recent origin, 3.
volume entitled to consideration, (see Public service control; see Public
33. utilities).