Present value, effect of expectancy on, ! Public Service Commissions, attitude
105. of, 150.
rental value an aid in determining, control the amount of detail required
181. in estimating the rate-base, 42.
Table 25, Present value of $1.00 due Public Service Commission decisions,
at a future date, 353. California Railroad Commission:
Table 25, explanation, 351. J. A. Murray and Ed. Fletcher
(see Value). water rates, 157.
Present worth and the cost of replace- Nevada County Narrow Gauge
ment (see Present value), 40. Railroad Company, 207.
Price and production of metals in San Diego case, 211.
United States (see Copper, Silver, Stockton Terminal and Eastern
Lead, Zinc). Railroad, 207.
Price “normal” and “basic,” of min- Idaho Public Service Commission:
erals defined, 244, 245. Pocatello Water Company case,
Price of the mineral product, 244, 257. 137.
Principles, fundamental, 32. Interstate Commerce Commission:
Probabilities, law of, applied to failing Western Advanced Rate case, 73.
articles, 117. Wisconsin Railroad Commission:
Probable life, iii. Antigo Water Company case (see
based on experience, 104. Hill, etc.).
definition, 20. Ashland Water Company case, 56.
effect of departure therefrom of Cashton Light & Power Company
actual life, 172. case, 04.
not the actual life of an article, 37. City of Appleton case, 138, 162.
Table 30, Probable life of various City of Beloit vs. Beloit Water, Gas
articles, 415, 418. and Electric Company, 218.
(see Life). City of Racine vs. Racine Gas Light
Procedure, method of, in rate fixing Company, 54, 84.
must be continuous, 36. City of Rhinelander vs. Rhinelander
(see Rate-fixing). Lighting Company, 219.
Production and price of minerals, Fig- City of Ripon vs. Ripon Light &
ures 4-7, Tables 15-18, 257. Water Company, 54.
Profits, capitalized, in the valuation of Dick et al »s. Madison Water
mines, 240. Commission, 54.
determination of, 126. Fennimore Mutual Water & Light
excessive and fictitious, 142. Plant case, go.
Profit-sharing with public, 150. Green Bay us. Green Bay Water
Promotion expenses, definition, 28, 56. Company, 65.
may increase cost of marketing bonds, Hill et al »s. Antigo Water Com-Wisconsin
Railroad Commission, pany, 53, 64, 69, 158, 162.
57 La Crosse Gas and Electric Com-Property
not in use, 4, 8o, 81, 84, 230. pany case, 54, 83, 84, 158.
Prospective business must be considered, Manitowac Gas Company case, 56.
36. Milwaukee vs. Milwaukee Electric
Public contribution to revenue of Public Railway, 54.
Utility, 152. Oshkosh Water-works case, 56.
INDEX 405
