Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1925, Part 11

Author: Wakefield, Massachusetts
Publication date: 1925
Publisher: Town of Wakefield
Number of Pages: 296


USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1925 > Part 11


Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).


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General Expenses :


Supt. of Schools


and Attendance Of-


ficers Salaries


$5,188.31


265.74


141.37


Other Expenses


748.67


School Committee,


Clerks, etc.


1,709.87


89.84


44.82


Instruction :


Supervisor's Salaries


9,690.62


373.13


9,317.49


Supervisors' Expenses 105.10


1.90


103.20


Principals' Salaries


13,934.79


3,900.00


10,034.79


Teachers' Salaries


162,995.66


52,765.25


108,130.93


1,406.43


693.05


Director of Americani-


zation


1,184.92


947.94


236.98


Text Books


6,147.40


1,483.81


4,663.59


Supplies


6,227.39


4,582.18


1,645.21


Operations :


Janitors' Services


19,378.91


8,047.19


11,175.72


110.25


45.75


Fuel


11,877.44


2,956.88


8,920.56


49.78


16.88


Miscellaneous


4,561.99


2,546.36


2,015.63


Maintenance:


Repairs and Upkeep


7,840.46


1,259.15


6,581.31


Auxiliary Agencies :


4


Health


1,934.80


483.70


1,451.10


Miscellaneous


2,740.35


1,339.92


1,385.43


Tuition


68.64


68.64


Transportation


421.07


77.33


343.74


Outlay :


Permanent Improve-


ment


427.00


427.00


New Equipment


1,523.85


595.40


928.45


$258,773.90


80,412.20 167,192.79


2,869.98 1,178.85


175


REPORT OF SCHOOL COMMITTEE


E.


How a School Dollar is Spent


9


8


10


7


9


1-2345


KEY TO APPENDIX E


1 Permanent Improvement


2 Practical Arts .0145


3 Evening School .0121


4 Office Expenses, including clerk hire, all telephones .0166


5 Repairs


.0303


6 Miscellaneous: Water, Light Janitors' Supplies


7 Fuel


.0459


9 Janitors


10 Salaries: Supt. Attend. Officer, Teachers, School Physician, Nurse


$.0016


.0331


8 Books and Supplies


.0575


.0749


.7135


$1.0000


176


TOWN OF WAKEFIELD


F


AGE AND GRADE CHART, JANUARY 1, 1926


Grd Age 5| 6| 7| 8| 9| 10| 11 | 12| 13| 14| 15| 16|17|18|19|20|21|


Total


B|| GỌI


6|122| 59|


9|


1|


1|


198


1


5|128| 64|


5


1


I


202


B||


3| 85| 66| 25|


5|


2|


186


2


G||


I


2| 82| 43| 21|


155


B||


1


3| 99| 60|


23|


5


I


1|


191


3


G||


5|106| 40|


14|


4|


1


169


B|| G||


I


I


8| 78| 48|


19|


9|


4|


1|


167


4


2| 30| 70| 39|


13 |


3|


1


I


3|


163


5


1


1


2| 71| 43|


24|


4|


151


B||


6| 60| 40| 29| 13|


2|


150


6


G|


3| 78| 36| 14|


6|


6|


1|


144


B| G||


1| 3| 63| 58| 31|


10|


166


7


15| 82| 53| 15


5|


170


B||


4| 58| 47| 1| 72| 51|


16


2| 1|


143


9


2| 11| 63


16| 5|


128


1|


2| 31| 25|11| 4|


74


10


7| 51|31 |3|


92


11


B|| G|


46


B||


1|


5|17|16| 6| 1| | | 6|30|23| 6| 4|


1|


19


B| Spe G||


1


2| 1| 3| 7| 4| 1|


1|


2|


2


5


1|


1


12


Total || 11|255|301|366|299/290|293 |294|332|291|230|141|87|57|29| 7| 4|


3287


Boys || 6|125|148|182|166|156|139 |145|172|143|103| 79|51|26| 6| 1| |


1648


Girls || 5|130 |153|184|133|134|154|149|160|148|127| 62|36|31|23| 6| 4|


1639


15|


7|1| 1|


133


8


B| G||


1| .8| 39|


27 31|


19| 4


98


B| G|


12| 22|18| 5| 13| 11|21| 1|


57


46


12


69


I


I


1


158


2| 72| 48 |


27| 11|


1|


177


REPORT OF SCHOOL COMMITTEE


G


GRADUATION EXERCISES WAKEFIELD HIGH SCHOOL 1925 PROGRAM


Overture and March


Chorus-Over the Foaming Wave


Wilson


Essay-Salutatory-The Rythm of Life Helen Sarah Ramsdell


Chorus-Bedouin Love Song Pinsuti


Recitation-The Reign of Law Woodrow Wilson


Fourth of July Address at Washington's Tomb Harry Goodwin Tounge, Jr.


Recitation-The Sign of the Cross Wilson Barrett


Emily Wells Smith


Solo-Friend O'Mine Weatherly


Ronald Hill Sherman


Essay-Honor Part-Libraries


Helen Adeline Clothey


Recitation-Baked Beans and Culture Eugene Field


Leonard Wilton Joll


Chorus-Shout Aloud in Triumph Manney


Recitation-Silence


Edgar Lee Masters


Virginia Louise Ulrici


Oration-Valedictory-Wayside Gold Lores William McCloskey


Presentation of Diplomas Leo A. Rogers Member of School Committee


Class Song


Orchestra


178


TOWN OF WAKEFIELD


CLASS MOTTO


"Neither To Seek Nor To Despise Honor"


CLASS SONG


Oh dear old Wakefield High School, The theme of all our lays, We are leaving you tonight for The work of future days.


Throughout our course of study, In this dear place of ours, We've enjoyed untold pleasures, Through all the blissful hours.


In the days which are to follow, With mingled joys and sighs, We'll remember our dear teachers As helpful in our lives.


Now that our work is over, We bid you a fond good-by, And we carry pleasant mem'ries From you, dear Wakefield High.


BERTHA GERNSINOVITCH Music by LOUIS AMIRO


179


REPORT OF SCHOOL COMMITTEE


H


GRADUATES


CLASS OF 1925


CLASSICAL COURSE


Norman P. Arnold


Margaret L. Atwell


Leilia Fletcher Barstow


Celia Anne Burwen


Theresa Julia Collins


Pauline Mathilda Peterson


Doris Duley


Helen Sarah Ramsdell


Bertha Gersinovitch


David Guarnaccia


Virginia Louise Ulrici


Dorcas L. Woodbury


SCIENTIFIC COURSE


Myrton Parker Finney James William Harper


Alvah Elden Perkins


Rudolph E. Peterson Joseph Sardella Harry Goodwin Tounge, Jr.


ENGLISH COURSE


Ruth Beatrice Ames Louis Jerome Amiro


Dorothy Marie Bauer


Norman Atwell Bayrd


Christine Fairbanks Crabiel


Marjorie Roma Palmer


Norma E. Perkins


Louise Eckart Davidson Edith May Dowling Emory N. Eaton


Iola Louise Samuels S. Morton Sherman


William Byron Feindel, Jr.


Katherine M. Gerry Lloyd Frederick Gilchrist


Edythe Bailey Grant


Kenneth Lawrence Hunt


Leonard Wilton Joll


Myer Miller


James Joseph McTeague


Emily Wells Smith


Catherine Marie Sullivan


Mina Tingley Clyde Leroy Tyler


HOUSEHOLD ARTS COURSE


Irma Frances Foster


Lois Estelle Parks Eleanor K. Winkler


John Beebe North


Doris Emily Perkins


Eldon Randall


Martha Katherine Jakeman


Lores William McCloskey Arthur E. Newcomb, Jr.


180


TOWN OF WAKEFIELD


COMMERCIAL COURSE


Ivy Alderson Della E. Astle Ruth E. Bennett


Agnes Elizabeth Burke


Helen Adeline Clothey


Alden Crosby Crocker Arlene May Davis Elery James Dewing


Dorothy Elizabeth Dinan


Loretta Gertrude Dulong Ralph Lawrence Edmands Vito Fazio Ralph Smith Flannigan Eva Gertrude Gates


Agnes Josephine Grady


Mary Margaret Granfield Ruth Avery Harnden Helen Olive Hatch


Thomas Joseph Hennessey William Patrick Hurton Henry Hugh Lishman Paul Walton Madden


Margaret Nancy Magee Mae F. Maroney


George Winston Moulton


Maurice Hugh O'Connell


Stanley Richard Peterson


Evelyn Margaret Reynolds Fred Paul Rich Mabelle Elliot Richardson


Esther Elizabeth Roach


Violet Mabel Savage


Ronald Hill Sherman Christine J. Smith Eunice K. Smith Henry Paul Storti Marion Germaine Surrette Katherine Frances Talbot Ralph Leonard Thresher Maurice Leo Walsh Thomas Francis Walsh Mary Alice White Francis Walter Whitehead Aletha Bernice Whitney


Gladys Whitney


181


REPORT OF SCHOOL COMMITTEE


I.


CHANGE IN TEACHERS


Resignations High School


Eleanor H. Blaikie Winnifred Brown K. Olive Hirst Lillian Hurley Helen F. Sheehan Mildred Sullivan


To be at Home To Providence To Melrose To Everett Resigned To be Married


Grades


Edna D. Smith, Lincoln 1. Ellen Connorton, Hamilton 1-2 Judith Nordberg, Franklin 1 Laura W. Boyd, Greenwood 8 Sophie Kroll, Lincoln 3 Nancy E. Starrett, Hurd 4-5 Florence Ladd, Franklin 7 Charles H. Bemis, Physical Director Josephine H. Rourke, Americanization


To be at Home To Medford To New Jersey To Billerica To be Married To be Married To be Married To Brookline To study at B. U.


Transfers


Alice E. Calkins, Woodville 2 Ethel M. Wilson, Greenwood 2 Marjorie Bunker, Lafayette Katherine McGay, Lincoln Assistant R. Louise Cone, Hamilton 3


To Franklin 1 To Special Work To High School To High School Leave of Absence


Elections


High School


Alta Cheney Katherine M. Kelley Gertrude Hicks


From Posse Nissen From Wakefield From Saginaw, Mich.


182


TOWN OF WAKEFIELD


Grades


Lois I. Jordan, Lafayette J. Weston Walsh, Lafayette Violet E. Lovell, Lincoln 4 Ruth C. Webber, Lincoln 3 Avis M. Jones, Franklin 3-4 Mary Poland, Lincoln 1 Abbie A. Bell, Lincoln Assistant Margaret R. Ward, Warren 6-7 Elizabeth M. Strout, Hamilton 2-3 Hazel Mark, Hamilton 1-2 Gladys J. Newell, Greenwood 8 Signe Peterson, Greenwood 7 Carolyn J. Stannis, Greenwood 3-4 Pauline Taylor, Greenwood 2 Ethel Rodgerson, Franklin 6-7 Doris Mildram, Franklin 1 Dorothy D. Perley, Montrose 7 Ruth Spence, Montrose 6 Annie Baldwin, Woodville 6-7 Katheryn Carney, Woodville 2


From Alfred, Maine From Bowdoin College From Marion From Presque Isle, Maine From Presque Isle, Maine From Winchester From Wakefield From University of Maine From Amesbury From Saxtons River, Vt. From Bridgewater Normal From Plainville From Grafton From Keene Normal From Mexico, Maine. From Salem Normal From Wakefield From Berwick, Maine. From No. Stratford, N. H. From Salem Normal


Special


Homer Shellenberger, Phys. Director and Coach


Walter Kyes, Woodworking


Morton Sherman, Printing Martha Ellison, Special Lee Pfeiffer, Special


Springfield Training College 1


From White River Junction, Vt. From Wakefield From Uxbridge From No. Andover


J


35


4


00


75


70


00


55


SC


45


40


35


50


1912


1913


1911


1015


1917


1916


1919


1920


1921


1922


/923


1924 1925


Cost percapita for State


Cost per capita for Wakefield for moneys from all sources.


Cost per capita for Wake field for money from local taxation


REPORT OF SCHOOL COMMITTEE


183


184


TOWN OF WAKEFIELD


K


26000


25050


1440


23000


--


22000


15:00


16220


1


15000


1


ISCJE


13300


10000


9000


8000


1


7:00


1


6000


5000


4323


1000


505


1922


1923


1924 1925


1912 .


1913


1914


1815


1813


ISIT


1919


1918


Practical Arts


Evening Schools


Books and Supplies


--- Fuel


-


Contingent


ADPROPRIATION


GREENWOOD SCHOOL ADDITION


185


REPORT OF SCHOOL COMMITTEE


L


$60000


764800


73230J


700000


665000


636000


603000


58/350


$49000


517000


485000


453000


421000


389000


357000


325000


293000


261000


229000


197000


-


165000


123000


101000


1912


1913


1914


1915


1810


1917


1810


1819


1920


1921


1922


1925


1924


1925


Gross Town Appropriation


Appropriation for Schools including all receipts


186


TOWN OF WAKEFIELD


Report of the Greenwood School Addition Building Committee


Article 12 of the March Town Warrant 1923, called for appropria- tion of $196,700 for an addition to the Greenwood School and for the appointment of a committee of nine, by the moderator. The committee appointed were as follows:


John T. Cooper Edward A. Jones Edward N. Pike


James W. Findley


John B. Sawyer Chas. F. Winter


Geo. M. Guibord Wm. B. Stantial Harry B. Allman


This committee met April 17th and organized with John T. Cooper as Chairman and W. B. Stantial as Secretary. The resignation of John B. Sawyer was accepted and Leo A. Rogers was selected to fill the va- cancy. In December Charles Winter resigned and this vacancy was never filled.


In as much as considerable preliminary work had been done by pre- ceding committees, the committee was in a position to go to work im- mediately. After agreeing upon plans they were put out for bids. When opened, none of the bids were found to be within the appropriation.


The Thomas M. James Company architects who had been chosen to handle the work were requested to submit a revised set of plans for an addition which could be built within the appropriation. These plans were put out for bids. The general contract was awarded to John W. Duff Inc; Plumbing, Heating and Ventilating to M. A. Dame & Co., Electric work to the Reliance Electric Company.


The committee felt that the Town was extremely fortunate in the selection of the Thomas M. James Company as architects in as much as one of the members of the organization was a resident of Greenwood and would spend an unusual amount of his time in supervising the work. This saved the Town considerable money as no other supervision was necessary. It might also be mentioned that the Thomas M. James Company credited this committee with $250.00 which had been paid by the previous committee for preliminary plans.


During the progress of the work, the Building Inspector urged that metal lathing be used throughout the building. To provide for this additional expense, to equip all rooms in addition to those to be used immediately and to make connection with the new sewer, which was not contemplated at the time the contracts were made, the committee


GREENWOOD SCHOOL ADDITION COMMITTEE


187


-


deemed it expedient to ask for an additional appropriation of $12,000. This sum also included an amount sufficient to complete the grading of the rear lot as a playground and to provide additional walks, drives and shrubbery.


Although the building could have been completed within the original appropriation, the committee was unanimously of the opinion that for the small additional outlay the whole project would be very much im- proved, and the best interests of the town would be served if the addi- tional items should be completed while the work was in progress.


The Greenwood School addition is now complete, the greater por- tion of which has been in use since School opened in 1924 and we be- lieve it is adequate in every way to take care of this section of the town for some years to come. Furthermore, this building is so designed as to permit further additions without any loss or serious inconvenience. We are confident that the town has received good value for money ex- pended and owe the uniformity of the building and its fine appearance to the conscientious work and careful study of the architects and vari- ous members of the committee.


The following is a brief summary,-detailed statement of which will be found in the reports of the Town Accountant.


Amount Available


The Total cost of the building is as follows:


Appropriations


$208,700.00


Architect, Engineers $11,974.95


Credit by James Co.


250.00


General Contract 141,020.50


Ventilating, Plumbing


and Heating


31,001.00


Equipment 8,326.99


Grading and Planting


4,522.38


Miscellaneous


4,602.62


Electric Work


7,042.79


208,491.23


Unexpended


458.77


$208,950.00


$208,950.00


JOHN T. COOPER, Chairman


W. B. Stantial, Secretary


HARRY B. ALLMAN


JAMES W. FINDLAY GEO. M. GUIBORD


EDWARD A. JONES


EDWARD N. PIKE LEO A. ROGERS


188


TOWN OF WAKEFIELD


Report of the Municipal Light Board


To the Citizens of the Town of Wakefield:


The Municipal Light Board submits herewith its Thirty-Second An- nual Report, for the year ending December 31st, 1925.


The Manager's report, for the same period, including a detailed financial statement, the result of the years operations and recommenda- tions for the coming year, follow.


The outstanding features of the year's operations are briefly:


First: A profit in the Electric Department of $57,924.80, of which $947.30 is jobbing.


Second : A profit in the Gas Department of $6,521.01, of which $3,146.75 is jobbing.


Third: A reduction in the rate for electricity in April of approxi- mately 10% and a further reduction in November of approximately 5% giving the townspeople one of the lowest rates in the Commonwealth of Massachusetts.


Fourth : The building up of the Depreciation Account to the sum of $14,574.75.


With the exception of the extension of the White-Way Lighting on the west side of the Common and on Lake Avenue, no major projects were undertaken during the year and it has been the policy of the Board to devote its energy and money to the further betterment of the Depart- ment as a whole in order to more properly serve the interests of the con- sumers.


It is the intention of the Board during 1926 to bend its efforts to- ward further replacement of gas mains of inadequate size so that the Department may give the consumers a sufficient supply of gas for their needs and keep pace with the growth of the town.


The Board has already voted to furnish the street lighting service


189


REPORT OF MUNICIPAL LIGHT BOARD


of the town plus a reasonable number of additional installations, for the year 1926 at a cost of $18,000.00, thereby giving the town full benefit of the reductions in rates granted private consumers.


FINANCIAL RECOMMENDATIONS


As for several years past, applications for gas and electric service continue without abatement and in order to provide for all reasonable requests the Board makes the following recommendations for obtaining the necessary funds for capital for construction purposes.


That the Town authorize the transfer from Operation Account to the Construction Account of the sum of $37,798.77 which was the cash balance in the Operation Account at the close of business December 31, 1925.


NOTE: This transfer of cash means that, as the Board pointed out last year, the Department will receive funds for construction pur- poses rather than through the medium of a bond issue which would have to be paid both from the operating receipts of the Department. This means in effect that the townspeople will have returned to them part of the profits of the Department in that this money will be used for further extensions and replacements thereby making further rate reductions possible, and increasing the value of the property which of course is owned by the Town.


It is the intention of the Board to continue its policy of last year to build up the Depreciation Account so that more money will be available for the replacement of now inadequate gas mains.


In the report of the Manager you will find the recommendations for gas and electric extensions and replacements all of which are considered from the standpoint of increasing the efficiency of the Department.


The Board plans to install modern street lighting through Lowell Street a much travelled thoroughfare as soon as the best possible equip- ment is decided upon.


The Board is giving much time and consideration to the question of whether or not the Town should continue the manufacture of gas and full details as to both sides of the question will be given to the voters so that the matter may be decided on its merits.


Very truly yours,


MARCUS BEEBE, 2nd, Chairman A. STANLEY NORTH, Secretary CURTIS L. SOPHER


Board of Commissioners Municipal Light Department.


190


.


TOWN OF WAKEFIELD


WAKEFIELD MUNICIPAL LIGHT BOARD


Wakefield, Mass. January 20, 1926.


Municipal Light Board, Wakefield, Mass.


Gentlemen :


I herewith submit the 32nd Annual Report of this department. When it is considered that this department started thirty-two years ago with $180,000.00 borrowed money, the last of this original debt was paid in 1924. The balance sheet will show that the department has physical assets of $497,541.95. Taking into consideration the fact that since 1921 the town has not nor has it been asked to appropriate a cent from the tax levy, towards the finances of the department, the surplus shown hav- ing been earned solely from operations, the results achieved by the de- partment would indicate that the operations has been successful.


The success of a Public Utility is largely dependent upon the loy- alty of its employees to their jobs, as well as to the neighborly good will spirit of the citizens and patrons. I trust that this spirit will grow, the necessity of which becomes more and more vital as the business increases.


I present herewith the condensed Financial Statement for the de- partment for the year 1925.


191


REPORT OF MUNICIPAL LIGHT BOARD


BALANCE SHEET


ASSETS


PLANT INVESTMENTS:


Gas Department


$216,149.29


Electric Department


271,189.95


General Equipment-Gas


4,420.74


General Equipment-Electricity


5,397.81


Unfinished Construction


419.16


TOTAL PLANT INVESTMENTS


$497,541.95


CURRENT ASSETS:


Cash-Operation Fund


37,798.77


Cash-Construction Fund


3,027.88


Cash-Depreciation Fund


14,574.75


Cash-Special Deposits


7,029.22


Accounts Receivable


30,736.49


Materials and Supplies


25,397.22


TOTAL CURRENT ASSETS


118,564.33


PREPAID INSURANCE-GENERAL 461.44


TOTAL ASSETS


$616,567.72


192


TOWN OF WAKEFIELD


LIABILITIES


BONDS


$207,500.00


CURRENT LIABILITIES:


Accounts Payable


3,734.61


Consumer's Deposits


7,029.22


Matured Interest Unpaid


206.39


Premium on Bonds


60.00


TOTAL CURRENT LIABILITIES $11,030.76


ACCRUED LIABILITIES:


Interest on Bonds


3,065.00


Liability Insurance


429.77


TOTAL ACCRUED LIABILITIES


3,494.77


OTHER LIABILITIES:


Loans Repayment


$265,800.00


Appropriation for Construction


51,63286


TOTAL OTHER LIABILITIES


317,432.86


SURPLUS-DECEMBER 31, 1925


77,109.33


.


TOTAL LIABILITIES AND SURPLUS


$616,567.72


193


REPORT OF MUNICIPAL LIGHT BOARD


STATEMENT OF INCOME AND EXPENSES-GAS DEPARTMENT


INCOME FROM SALE OF GAS:


Regular Meter Sales (Net) $11,083.61 4,480.13 416.16


Prepaid Meter Sales (Net) Municipal Meter Sales (Net)


INCOME FROM SALE OF GAS $115,979.90


INCOME FROM SALES OF RESIDUALS AND JOBBING 3,146.75


GROSS INCOME 119,126.65


DEDUCT OPERATING EXPENSES:


Production Expenses 71,193.43


Transmission and Distribution Expenses


11,713.76


Commercial Expenses 4,390.23


New Business Expenses 648.84


General and Miscellaneous Expenses


21,474.58


TOTAL OPERATING EXPENSES 109,420.84


GROSS INCOME FROM OPERATIONS 9,705.81


DEDUCT MISCELLANEOUS EXPENSES:


Taxes 52.57


Interest on Bonds


3,006.77


Interest on Consumer's Deposits


1.25.46


TOTAL MISCELLANEOUS EXPENSES $6,521.01


NET INCOME $6,521.01


194


TOWN OF WAKEFIELD


STATEMENT OF INCOME AND EXPENSES-ELECTRIC DEPT.


INCOME FROM SALES OF ELECTRICITY :


Commercial Lighting (Net) $99,207.04


Power Sales (Net) 38,334.67


Street Lighting (Net)


18,956.69


Municipal Lighting (Net)


2,746.42


INCOME FROM SALES OF ELECTRICITY $159,244.82


INCOME FROM SALES AND JOBBING 947.30


GROSS INCOME 160,192.12


DEDUCT OPERATING EXPENSES:


Energy Purchased 46,351.65


Transmission and Distribution Expenses


17,788.44


Utilization Expenses 4,722.13


Commercial Expenses


4,390.24


New Business Expenses 453.42


General and Miscellaneous Expenses


22,261.59


TOTAL OPERATING EXPENSES: 95,967.47


GROSS INCOME FROM OPERATIONS 64,224.65


DEDUCT MISCELLANEOUS EXPENSES:


Interest on Bonds 6,126.29


Interest on Consumer's Deposits


120.99


Taxes 52.57


TOTAL MISCELLANEOUS EXPENSES 6,299.85


NET INCOME $57,924.80


195


REPORT OF MUNICIPAL LIGHT BOARD


PROFIT AND LOSS STATEMENT


DEBITS


Bonds Retired


$14,000.00


Surplus Applied to Depreciation


273.06


Preparing Bonds


100.00


Profit and Loss Adjustments


2,972.50


TOTAL DEBITS


$17,345.56


CREDITS


Balance at Beginning of Period


$28,953.53


Profit on Electric Operations


57,924.80


Profit on Gas Operations


6,521.01


Cash Discounts on Purchases


686.98


Deposits Seized


126.60


Interest Income


241.97


TOTAL CREDITS


94,454.89


SURPLUS-DECEMBER 31, 1925


$77,109.33


From the foregoing it would be seen that the profit in the electric department for 1925 is $57,924.80 of which $947.30 is jobbing and in the gas department $6,521.01 of which $3,146.75 is jobbing. After bond payments of $14,000.00 and other adjustments listed in the profit and loss statement the surplus as of December 31, 1925 is $77,109.33.


The profit in the gas department shows an increase over the year 1924. The electric department, although not showing as great an in- crease in profit as that of previous year, but has increased by $14,000.00, against an operating expense which was increased $5,000.00. This is due chiefly to our system now being on high tension rather than on low tension, which was the case during part of the year 1924.


196


TOWN OF WAKEFIELD


COST OF GAS


The entire cost of gas in holder was $71,193.43. The gas manu- factured during the year amounted to 79,326,216 cubic feet, making average cost of gas in the holder $.8974 per thousand cubic feet. The amount of gas delivered to consumers amounted to 68,084,600 cubic feet, so that the average total cost of gas delivered to consumers during the year 1925 was $1.7147 per thousand cubic feet which is a reduction of approximately 10 cents over last year.


COST OF ELECTRICITY


The cost of electricity on the switchboard amounted to $46,351.65. The electricity delivered to the board amounted to 2,971,509 kilowatt hours or at a cost on the board of $.015 per kilowatt hour. Electricity delivered to consumers amounted to 2,485,781 kilowatt hours, so that the average cost of electricity delivered to the consumers for all classes of service is $.0449 per kilowatt hour.


CONDENSED STATEMENT OF CONSTRUCTION


During the year 1925 there was laid 16,869 feet of gas main of va- ried sizes at a cost of approximately $13,000.00. There have been in- stalled during the year 1925, 277 new gas services at a cost of approxi- mately $1,300.00.


We purchased during the year, 176 gas meters at a cost of approxi- mately $2,600.00. At the beginning of the year 1925 there were 3,246 meters in use and we have installed since then 157 new meters, making the total in use as of December 31, 1925,-3,403 gas meters.


During the year 1925 we installed 53 street lights of various sizes at an approximate cost of $2,000.00 and we purchased new transformers at a cost of $2,500.00.


At the beginning of the year we had installed, 3244 electric meters and since that time we have added 361 making a total number of electric meters in use as of December 31, 1925 of 3,605.


We also purchased 405 electric meters of various sizes at a cost of $3,402.86 and have extended our primary and secondary lines and house lighting services by 81,000 feet and set or replaced 110 poles on a point ownership basis with the New England Tel. & Tel. Company at an ap- proximate cost of $8,000.00.


As per the report of last year, I recommended a new purifier.


197


REPORT OF MUNICIPAL LIGHT BOARD


This purifier was purchased from the Steere Engineering Company and is of a two compartment outdoor style, at the cost delivered and erected at plant of $5,800.00. I would recommend that $15,000.00 be alocated to the construction account for additions to the present system of gas mains and the purchase of gas meters that $11,000.00 be withdrawn from the depreciation account for replacement of present gas mains.


I would recommend that $27,000.00 be alocated to the construction account for extension of the present electric lines and purchase of meters, transformers, street lighting equipment and installation thereof, and that $2,500.00 be withdrawn from the depreciation account for renewals or replacements. It is advisable to repair the present underground cable on Main Street between Water Street and Crescent Street with larger size and some small changes in one of the street light circuits.




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