PUBLIC UTILITIES
257
GENERAL BALANCE SHEET, Dee. 31
ASSETS—
Road and Equipment... oe.
Other Investments ...... eens
Material and Supplies... eee
CABIN comincumsinssisss tas UE Sssiathiins ToTthn fhm hmmm pr oe ASRS 5 SA mms mm ree me
Other Current Assets................ eee eememeeoemeeseanmeoeeennes
Unadjusted Debits ....._ RA Hm ni Ebi
Deficit .... eee maaan
1929
386,392
23,037
19,413
1928
$1,339,754
25,546
143,137
139,930
61,804
2,616
10,701
TOTAL ASSETS
¢
LIABILITIES
Capital Stock ....
5% Notes ......_. i eee———
Current Liabilities o.oo.
Deferred Liabilities oie.
Unadjusted Credits ..... ee eneeeeeemsememenmamenseeeee
Surplus ....
ay
20,000
LE
15
45
"6
5,917
$2,423,488
FUNDED DEBT: The company has no funded debt. In April, 1927, company
was authorized by the Interstate Commerce Commission to issue not more than
$860.000 of demand 59% promissory notes pavable to Great Northern Rv. Co.
TOTAL LIABILITIES ....
SPOKANE GAS & FUEL COMPANY
GENERAL OFFICE: Spokane, Wash.
CONTROL: By Cities Service Power & Light Co.
HISTORY: Incorporated under laws of Washington, Nov. 15, 1909, succeeding
Union Gas Co.
BUSINESS: Company does entire artificial gas business in Spokane, Wash.
PROPERTY: Miles of mains, 157.94.
OFFICERS: H. L. Doherty, Pres.; T. S. Carter, Vice Pres.; J. L.. Stone, 2nd Vice
Pres, Treas. and, Gen. Mgr.; M. W. Thernes, Secy.; R. A. Hoffman, Supt.; C. J.
Melrose, Supt.
DIRECTORS: H. L. Doherty, T. S. Carter, R. E. Burger, W. A. Jones, A. A. Sal-
mon, of New York; R. A. Hoffman, M. W, Thermes, S. Ramage, H. S. Peyton, W.
H. Farnham, W. W. Stenton, B. H. Kizer, F. M. Smith, C. G. Gamble, J. L. Stone,
B. H. Hoke, Charles Jolley, C. J. Melrose, all of Spokane.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in vear.
CAPITALIZATION: ‘ar Value Authorized Outstanding
1. 6% Cum. Pref. Stock...... $100 300,000 $300,000
2. Common Stock $100 $£2.000,000 £2 000.000
COMPARATIVE INCOME STATEMENT, Years Ending Dec. °°
Gross Revenue ......
Operating Expense ._.
04
Q
Net Earnings ....
Other Income ....
Total Income ...........
Interest. Amortization. etc. _.
Net Income ......o.ccooonnnnn...
FUNDED DEBT: v1
1. Union Gas 1st Mort. & Ref.... 5%
2. Sp. Gas. Fuel 1st Mtg. Ref... 59
1-05
12-1-00
i-1-2:
L-1-44
ef
aorized
$1,000,000
5 000 0600
7
Outstanding
$267,000
$1.093,000
CITY OF TACOMA LIGHT & POWER DIVISION
HISTORY: Tacoma, Wash, is a city of 106,000 population, located on Puget
Sound, and is a deepsea port, noted for its lumber industry. Its original light
and water system was purchased from its private owners in 1893. Electricity
was generated by steam until 1897. Power was purchased from private companies
from 1897 until 1912 when a waterpower plant was built on the Nisqually River,
30 miles south of the city. This plant was adequate until 1918 when it was
again necessary to purchase power to meet the needs of the city. This continued
until 1922 when a 12,000 h.p. steam plant was built.
In 1926 the first 50,000 h.p. unit of an extensive development at Lake Cush-
pian Jag completed. calculated to serve until a second Cushman unit is finished
In 9