USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1934 > Part 20
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The net income transferred to Profit and Loss was $16,897.53. Bonds amounting to $10,000 were paid during the year. $19,054.38 has been transferred from operating cash to the general funds of the Town and tools costing $569.62 have been furnished by the Department for use on Welfare and E. R. A. projects, at the request of the Board of Selectmen. Credit has also been taken for $376 on account of a bill paid twice for use of truck of the Moth Department.
Accounts and Notes Receivable are $ 30,511.36 and
Accounts Payable are 37,246.89
Current Assets are $109,311.79 and
Current Liabilities are 44,834.78
Inventory value of Materials and Supplies on hand is $60,807.19, an increase of $8,761.58 over last year.
Leased appliances in customers premises represent value of $7,912.04.
POWER STATION
The generating equipment has been kept in good operating condi- tion and has not been used during the year.
An inspection of the trestle by the Railroad called for extensive repairs and as fuel is now delivered by truck, it was thought best to remove about two-thirds of it and use that part of the lumber which was in good condition to repair the remainder. The expense of these repairs was $728.26.
The feeder circuits, which now lead into the Station from the underground ducts, were carried across the building on temporary supports and connected to the present switchboard until such time as the new switching equipment is installed. The cost of doing this sta- tion work was $1,891.53, and is carried on the books as Unfinished Con- struction.
239
DISTRIBUTION LINES
Additions to the plant amounted to $66,561.55. Notes amounting to $20,000 were issued for the Haven Street underground construction and the balance of the additions were paid for from the Construction and Depreciation Funds.
The cost of the underground construction on Main, Ash and Haven Streets is shown below :
Haven St.
Main and Ash St.
Underground Conduits
$ 12,041.02
$ 3,811.00
Underground Conductors
8,730.13
19,798.34
Street Light Posts and Fixtures
2,829.62
2,319.86
Transformers
932.24
Customers Service Connections
1,166.83
330.42
Total
$ 25,699.89
$ 26,259.62
Value of material removed
1,534.46
4,180.98
Net Cost
$ 24,165.43
$ 22,078.64
The ordinary additions to plant cost $16,099.29, which is materially less than last year due to the fact that very few new extensions were made to the distribution system. Eighty-nine additional poles were set, and 369 renewed during the year. The street lighting circuits. were extended by the addition of 8470 feet of wire and 60,856 feet of wire was added to the commercial circuits.
Street widening projects during the year required the relocating of 105 poles in the following streets : Reading; Bancroft Avenue, County Road, Van Norden Road and Wakefield Street, 61 poles. North Read- ing; Burroughs Road, Fieldcrest Road, Elm Street and Haverhill Street, 20 poles. Wilmington; Butters Row, Nichols Street, Shaw- sheen Avenue and Woburn Street, 23 poles. Lynnfield Center; Summer Street, 1 pole. The cost of these pole re-locations, including the re- arrangement of the wire lines was $2370.30.
The lightning protection installed at each transformer on the Wil- mington, North Reading and Lynnfield Center feeders has reduced the number of service interruptions, due to lightning, very materially, and only four transformers were damaged by lightning during the entire year.
The cost of distribution equipment as represented in Total Cost of Plant Schedule has been reduced on account of equipment removed from service during 1934 and prior years, as follows :
240
Poles, Wires and Overhead Conductors
$ 17,234.61
Consunters Meters
6,655.00
Line Transformers 11,361.09
Transformer Installations
1,362.10
Street Lighting Equipment
2,536.61
Total value of property removed from service .. . . $ 39,149.41 This will effect a reduction in the expense item for Depreciation amounting to $1,565.98.
STREET LIGHTING
In connection with the change from overhead to underground dis- tribution on Main Street, Ash Street, and Haven Street, 27 concrete posts, with ornamental brackets and Novalux lighting units have been installed.
Additional street lights have been installed on the following streets : Bancroft Avenue-1, County Road-7, Ellis Avenue-1, Elm Street-1, Glen Road-1, Grove Street-8, Prescott Street-1, South Street-3, and Van Norden Road-13. Two private street lights have been installed in North Reading, one on Wilson Avenue and one on Shore Road.
The kilowatt hours sent out on the street lighting circuits were 407,660, and the average cost per K. W. H., 3.895 cents, making the cost of operating the street lights $15,878.36. The appropriation was $13,800, which was $2,078.36 less than the cost of the service.
Comparative data covering the cost of Street Lighting for the past five years is shown below : Year 1933
1930
1931
1932
1934
No. of Lights
724
755
793
801
841
K. W. H. Used
298,730
324,162
422,748
375,574
407,660
Cost of Operation
$12,504.84 $14,515.97 $17,544.04 $14,102.80 $15,878.36
Appropriation
12,000.00
13,500.00
15,960.00
15,200.00
13,800.00
Cost in excess of Appro.
504.84
1,015.97
1,584.04
1,097.20
2,078.36
(Less)
PARK AND PLAYGROUND LIGHTING
Additional lighting equipment was installed over the new tennis courts at the Birch Meadow Playground at a cost to the Department of $981.40.
The Washington Street Ball Grounds and approaches were illum- inated by flood lights during the Fourth of July Carnival, the expense of same being $327.39.
241
CHRISTMAS DECORATIONS
The usual Christmas illumination was provided by the installation of 3434 lamps on Main, Haven, Lowell and Harnden Streets, Ernest Leach Park, West Street and County Road, and the Common.
The expense to the Department was as follows : Materials, Truck and Labor
$ 640.97
47.54
Lamp Renewals
6987 K. W. H. at .018
125.77
Total
$ 814.28
METER DEPARTMENT
The regular inspection and testing of consumers' meters has been carried on during the year and the following is a summary of the work done :
Meter Room Tests
1082
Meters Repaired
83
Inquiry Tests and Investigations 246
144
Polyphase Meter Inspections 204
Periodic Tests
553
Total number of meters tested 2313
Inspections and tests have disclosed 592 defective jewels and 661 worn pivots which were replaced. During the periodic tests, the in- stallations were observed closely for irregularities which interfere with the normal operation of the meter, for conditions that constituted hazards, and cause unsatisfactory service. Typical of these troubles are deliberate current diversion, unmetered loads, grounded meters and service equipment, improper grounding, loose connections and in- correct meter capacities due to changes in customers load. 376 out- door meter installations have been made during the year, making a total of 412 outdoor meters in use at the close of the year.
LAMP AND APPLIANCE DEPARTMENT
The net sales of lamps and appliances amounted to $23,800.86, which was an increase of $5,823.22 over the previous year.
The net results of the operation of this department for the year are as follows :
242
Consumers' Request Tests
Net Sales-lamps and appliances
Cost of Same
$ 28,800.86 20,173.05
Gross Profit $ 8,627.81
Payroll, rent and other selling expenses $ 10,809.55
Net Expense
$ 2,181.74
Cost of free installations
1,507.07
Total Expense $ 3,688.81
The estimated annual current consumption of the appliances sold is 148,883 K. W. H., which, at 4 cents per kilowatt hour, will produce an annual revenue of $5,955.32.
RENTAL RANGES AND WATER HEATERS
At the close of the year we had 76 ranges and 29 water heaters on rental in customers' premises.
Nineteen ranges and 10 water heaters have been returned and re-rented during the year.
The income from these rentals was $1,767.06 and the expense for re-installing, $1,495.53. The cost of these appliances is carried in inventory and depreciated each year so that the entire cost of the ranges will be written off in five years and the water heaters in seven years.
GARAGE
The automobile expense is kept in detail for each car and the fol- lowing data will show the cost of operation for the year.
Miles Run
125,716
Gallons of Gas
11,412
Miles per Gallon
11.02
Gallons of Oil
144
Miles per Gallon
873.03
Cost of Gas
$
1,499.20
Cost of Oil
60.38
Cost of Anti-freeze
31.57
Cost of Repair parts
1,297.89
Cost of Labor
1,472.84
Insurance and Depreciation
796.16
Total Cost
$ 5,158.04
243
Average Cost per Mile of Operation-4.1 cents.
In my report for 1933 I recommended replacing the Reo truck which we have used since 1925, but it was thought best to keep it another year. It is still in fair operating condition and probably can be used as a spare truck although it is nine years old. The G .M. C. truck which we purchased in 1928 is in need of extensive repairs and it would be advisable to replace it with a heavier truck this year. The 1929 Pontiac Coupe should also be replaced this year and I recommend that both of these cars be disposed of and new ones purchased.
UNEMPLOYMENT RELIEF
The Department has co-operated with the Board of Public Wel- fare and the E. R. A. Administration in the employment of additional labor during the year. 43 citizens have been given employment, prin- cipally on the underground construction work, the total payroll being $6,005.90. Nine Cable Splicers, helpers and electricians, who were non- residents, were employed on the undrground construction .work, and this payroll amountd to $4,769.53. Some of these men were on relief work in other communities.
FUTURE IMPROVEMENTS Street Lighting
The Board of Selectmen has advised us that, in its opinion, the present street lighting on South Main Street, between the Boston and Maine Railroad crossing and the Reading-Stoneham town line, is inadequate and has asked to have it improved. A survey of the lights on the street indicates that the best method of improving the illumination would be to install twenty-two 400 candle-power lights on the westerly side and increase the candle-power of the present lights from 250 to 400.
The estimated cost of installing the additional lights is $1,530.65 and the additional cost to the town for the increased lighting will be approximately $1,000 per year.
Distribution Feeders-Reading
In order to complete the change from 2300 volts to 4000 volts on the local distribution feeders, it will be necessary to run an additional wire from the power station to the center of distribution on four feeder circuits. The estimated cost of this construction is $3,310.62.
244
Distribution Feeders-Wilmington
The feeders on Burlington Avenue, Shawsheen Avenue and Chest- nut Street are too small to carry the load and maintain satisfactory voltage conditions and should be replaced with larger wire. The feed- ers on Church Street are bare and should be replaced with new wire. The North Wilmington feeders should be re-run on Middlesex Avenue, Woburn and Federal Streets to improve voltage conditions and reduce losses.
The estimated cost of this work is $2,633.91.
New Switchboard at Power Station
With the increasing load on the present switchboard it is neces- sary that we now take steps to install the 4000 volt switches and the necessary feeder regulators, to connect with the underground cables which we have installed. The estimated cost of constructing the switchboard is. $21,274.37 and the feeder regulators will cost $17,620.
I recommend that these improvements be made during the coming year and that bonds or notes to the amount of $20,000 be issued to finance a part of these improvements, the balance to be paid from the depreciation fund.
My estimate of the expenses and income for the year ending Decem- ber 31, 1935, is herewith submitted, in accordance with the provisions of Section 57 of Chapter 164, General Laws.
ESTIMATES FOR 1935
Expenses
For Operation, Maintenance and Repairs
$196,439.67
For Interest on Bonds and Notes
2,705.00
For Depreciation at 4% of Cost of Plant 37,418.57
For Bond and Note Payments
12,000.00
For Taxes
3,500.00
For Uncollectible Operating Revenue
2,500.00
For Interest on Consumers' Deposits
200.00
Total Expenses
$254,763.24
Income
From Sales to Private Consumers
$259,632.00
From Sundry Sales
334.20
From Interest on Consumers' Deposits
200.00
245
FROM TAX LEVY : For Street Lights
$ 16,895.00
For Municipal Depts.
3,400.00 20,295.00
Total Income
$280,461.20
On the pages which follow is shown in graphical form the cost per kilowatt hour divided between Production, Distribution and Gen- eral Expenses; also how cost per kilowatt hour is reduced as the consumers' use of current increases.
Financial and Statistical data is also shown, together with data from previous years for the purpose of comparison, list of bills re- maining unpaid at the end of the year and list of bonded employees.
Appended hereto is the Auditor's Report which covers in de- tail the financial accounting for the year.
Respectfully submitted,
ARTHUR G. SIAS,
Manager
The reports of the Manager and the Auditor as herewith sub- mitted are approved by us and constitute our report to the Town.
HENRY R. JOHNSON
HERBERT G. EVANS LOUIS ELLENWOOD
Municipal Light Board
COMPARISON OF OPERATING COSTS, 1934-1933
In Cents per Kilowatt Hour, Based on Kilowatt Hours Sold and De- livered to Street Lights
1934
1933
Production
$ 1.320
$ 1.282
Distribution
0.902
.745
Utilization
0.183
.155
Commercial
0.222
.229
New Business
0.041
.036
General and Miscellaneous
1.029
1.068
Bonds, Notes and Interest
0.198
.240
Total Costs
$ 3.895
$ 3.755
246
T. OF R. LIGHT DEPT. AVERAGE COST . OF SUPPLYING I K.W.H. OF ELECTRIC SERVICE 1934
OFFICE R.L.D.
TOTAL COST TO SUPPLY CUSTOMER 3.39 cents per K.W.H.
PRODUCTION COST 1.15 cents per K.W.H.
COST OF DISTRIBUTION .78 cents per K.W.H.
GENERAL COSTS Commercial-Taxes Bonds, Notes & Interest Utilization New Business Uncollectible Revenue 1.46 cents per K.W.H.
1.46c
GENERAL
.78c
DISTRIBUTION
1.15€
146c
1.15 c
PRODUCTION
.78€
NOTE- Unit COSTS based on total K.W.H. purchased.
T. of R. Light Dept .- 1934 Report.
16.0
15.0
THE COST PER KILOWATT-HOUR AT CONSUMPTIONS OF 240, 600,1200&3000 K.W.H.PER YEAR
14.0
COST AT 240 KWH PER YEAR
13.0
12.0
11.0
10.0
9.0
1
CENTS PER K.W.H. :
8.0
7.0
- COST AT 600 KWH PER YEAR
6.0
5.0
4.0
COST AT 1200 KWH PER YEAR
3.0
ALL OTHER COSTS
COST AT 3000 KWH PER YEAR
2.0
DISTRIBUTION COSTS
1.0
PRODUCTION COSTS
0
500
1000
1500
2000
2500
3000
ANNUAL K.W.H PER CUSTOMER
T. of R. Light Dept. - 1934 Report.
SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS
During the Period January 1, 1934 through December 31, 1934
CASH BALANCES January 1, 1934.
Operation Fund
None
Depreciation Fund
$ 9,356.45
Construction Fund
1,050.01
Special Construction Fund
None
Petty Cash Fund
250.00
Total Cash Balances $ 10,656.46
CASH RECEIVED :
Sale of Electricity
$242,488.72
Street Light Appropriation
13,800.00
Miscellaneous Receipts
49,360.92
Note Issue
20,000.00
Total Cash Received
$325,649.64
TOTAL
$336,306.10
CASH DISBURSED :
Operating Accounts
$235,603.31
Construction Accounts
66,535.10
Interest Faid
2,620.00
Bonds Paid
10,000.00
Transfer to Town Treasurer
19,054.38
Total Disbursements
$333,812.79
CASH BALANCES December 31, 1934
1
Operation Fund
Depreciation Fund
90.41
Construction Fund
2,152.90
Special Construction Fund
Petty Cash Fund
250.00
TOTAL CASH BALANCES December 31, 1934 $ 2,493.31
249
COMPARISON OF KILOWATT HOURS PURCHASED AND SOLD, ALSO INCOME RECEIVED AND AVERAGE RATE FOR EACH CLASS OF SERVICE
1934
1933
,
K. W. H.
Income
Average Rate
K. W. H.
Income
Average Rate
Residence Service
3,741,318
$166,793.32
$ 4.458
3,531,140 $165,128.75 $
4.676
Commercial Miscellaneous
324,730
8,959.39
2.759
273,846
8,359.69
3.053
Commercial Lighting
565,299
29,411.10
5.202
531,653
33,916.13
6.379
Commercial Power-Retail
561,537
15,655.20
2.787
691,999
23,243.38
3.359
Commercial Power-Wholesale
314,070
6,099.89
1.942
349,660
6,685.69
1.912
Municipal Lighting ·
94,161
2,470.44
2.623
76,089
1,896.98
2.493
Municipal Miscellaneous
9,760
262.39
027
6,577
172.16
.026
Municipal Power-Retail
1,682
69.20
041
2,686
101.19
.0377
Municipal Power-Wholesale
331,100
6,164.01
019
260,080
4,959.12
.0191
Co-operative Re-sale Service
18,403
581.44
3.159
13,074
434.31
3.32
Street Lighting
560,137
28,268.94
5.046
522,853
29,699.27
5.63
Totals
6,522,197
$264,735.32 $
4.059
6,259,657 $274,596.67 $
4.39
·
. .
.
INCOME FROM EACH TOWN
Increase Decrease
Reading
$163,282.27
$170,244.64
$ 6,962.37
Lynnfield Center
17,853.96
18,026.36
172.40
North Reading
31,486.99
32,474.90
987.91
Wilmington
51,530.66
53,516.46
1,985.80
Other Districts
581.44
434.31
147.13
Totals
$264,735.32
$274,696.67 $ 9,961.35
KILOWATT HOURS SOLD IN EACH TOWN
Reading
1934 4,575,383
4,400,900
174,433
Lynnfield Center
337,169
321,311
· 15,858
North Reading
639,832
607,307
32,575
Wilmington
951,360
917,065
34,295
Other Districts
18,403
13,074
5,329
Totals
6,522,197
6,259,657
262,540
CLASSIFICATION OF CUSTOMERS AS OF DECEMBER 31, 1934
Lynnfld.
No
Ttls. 4874
Read. 2646
Cntr. 408
Read. 700
1120
Commercial Miscell.
108
51
8
21
28
Commercial Light'g ..
458
272
24
56
106
Com. Pow .- Retail .. . Com. Pow .- Wh'sale
107
64
5
13
25
Municipal Miscell. ..
1
1
Municipal Lighting ..
34
34
Mun. Fow .- Retail ..
6
6
Mun. Pow .- Wh'sale
5
5
Co-op. Resale Ser.
14
8
1
1
4
Priv. St. Lights
7
1
5
1
Pub. St. Lights
3
· 1
1
1
Totals for 1934
5626
3094
447
800
1285
Totals for 1933
5652
3068
461
829
1294
Increase
...
26
26
14
29
9
or
Decrease
1934
1933
1933
Increase Decrease
Residence Service ...
9
6
3
Wilm.
251
COMPARATIVE STATEMENT OF POLE ADDITIONS AND RE- NEWALS Additions
1934
1933
1932
Reading
45
24
50
Lynnfield Center
2
11
5
North Reading
11
35
49
Wilmington
31
70
39
1
-
-
Total Additions
89
140
143
Renewals
Reading
145
157
64
Lynnfield Center
12
14
15
North Reading
36
42
133
Wilmington
176
73
101
Total Renewals
369
286
313
TOTAL POLES HANDLED
458
426
456
COMPARATIVE STATEMENT OF POLE ADDITIONS AND RE- NEWALS BY SIZES
Pole
Additions
Renewals
Size
1934
1933
1932
1934
1933
1932
25
-
-
-
-
-
-
30
44
120
98
181
104
171
35
39
16
45
167
162
118
40
6
20
20
24
45
1
-
50
55
-
Totals
89
140
143
369
286
313
NUMBER OF STREET LIGHTS BY SIZES
Ttls.
Read.
Lynn'fd Cntr.
No.
Read. Wilm.
40 C. F.
-
-
-
-
50 Watt.
-
-
-
-
60 C. P.
1607
597
167
330
513
100 C. P.
14
14
-
-
-
250 C. P.
147
147
-
-
300 Watt
-
-
-
-
400 C. P.
-
-
-
1
-
-
-
252
Ttls.
Read.
Lynn'fd Cntr.
No Read.
Wilm.
600 C. P.
20
7
13
1000 C. P.
76
76
1500 C. P.
-
Totals
1864
841
167
330
525
Hours Burned
-
3950
2167
2167
2157
STREET LAMPS RENEWED BY SIZES
Ttls.
Read.
Lynn'fd Cntr.
No Read.
Wilm.
40 C. P.
-
-
-
-
-
50 Watt
35
-
-
-
35
60 C. P.
3189
1529
195
475
990
100 C. P.
15
15
-
-
-
-
-
600 C. P.
184
166
18
1000 C. P.
104
104
1500 C. F.
-
-
Totals
3995
2265
195
477
1058
PLANT INVESTMENT ACCOUNTS-ELECTRIC
Balance
Additions 1934
Deductions
Balance
Jan. 1, 1934
1934 Dec. 31, 1934
PLANT INVESTMENTS:
Land
$ 2,575.80
$
$
$ 2,575.80
Structures
19,248.31
550.59
18,697.72
Structures-Garage ..
14,556.40
342.30
14,214.10
Boiler Plant Equip. . .
15,343.24
4,181.78
11,161.46
Prime Movers and
Auxiliaries
6,422.93
1,740.78
4,682.15
Turbo. Gen. Units ..
9,658.24
2,812.26
6,845.98
Elec. Plant - Steam
28,396.02
3,508.80
24,887.22
Trans. Sta. & Substa. Equipment
484.30
484.30
Poles, Fixt. and Over-
head Cond.
243,036.87
11,305.41
13,310.63
241,031.65
Underground Conduit
33,368.36
15,852.02
1,039.35
48,181.03
Underground
Con-
ductors
14,441.27
28,528.52
628.40
42,341.39
6
4
2
250 C. P.
448
447
-
-
1
300 Watt
14
-
14
400 C. P.
100 Watt
-
253
Balance Jan.1, 1934 35,746.05
Additions 1934
Deductions
Balance
Consumers' Meters . .
1,907.38
2,673.52
34,979.91
Consumers' Meters
Installations
6,595.31
1,431.63
434.42
7,592.52
Line Transformers .
39,513.96
1,139.53
2,865.56
37,787.93
Line Transformers
Installations
4,538.92
327.44
4,211.48
Street Light
Euip.
12,538.71
5,912.76
1,749.60
16,701.87
Consumers' Premises
Equipment
91.75
53.62
38.13
Total Plant Invest. $486,072.14
$ 66,561.55
$ 36,219.05
$516,414.64
GENERAL EQUIPMENT :
Office Equip.
$ 10,409.53
$ 123.86
$
3,113.14 $
7,420.25
Stores Equip.
582.89
34.75
548.14
Transport Equip.
1,875.00
175.00
250.00
1,800.00
Laboratory Equip. . .
2,357.03
10.86
2,367.89
Miscell. Equip.
1,465.90
165.32
252.24
1,378.98
Total Gen. Equip. .. $ 16,690.35
$ 475.04
$ 3,650.13
$ 13,515.26
UNFINISHED CONST. $
217.50
$ 1,941.53
$ 82.50
$ 2,076.53
TOTAL INVESTS. .. $502,979.99
$ 68,978.12
$ 39,951.68
$532,006.43
TOTAL COST OF PLANT as of December 31, 1934
Cost of Land
$ 2,575.80
Cost of Structures
44,644.60
$ 47,220.40
Generating Plant-Steam:
Cost of Boiler Plant Equip.
$ 69,696.71
Cost of Prime Movers and Auxiliaries
29,013.38
Cost of Turbo Generator Units
46,870.83
Cost of Electric Plant-Steam
58,480.20
$204,061.12
Transmission, Distribution and Storage:
Cost of Trans. Sta. and Substa. Equip.
$ 484.30
Cost of Poles, Fixt. and Overhead Cond.
407,541.22
Cost of Underground Conduits
50,497.13
Cost of Underground Conductors
44,238.59
Cost of Consumers' Meters
62,039.98
Cost of Consumers' Meters Installation
12.292.43
Cost of Line Transformers .
61,417.92
Cost of Transformer Installation
6,824.21
$645,385.78
Utilization Equipment:
Cost of Street Lighting Equip. $ 38,367.91
Cost of Consumers' Premises Equipment 428.99 $ 38,796.90
Total Cost of Electric Plant as shown by Books
$935,464.20
254
1934 Dec. 31, 1934
COST OF DISTRIBUTION SYSTEM IN OUTSIDE TOWNS
North Reading
Total Investment December 31, 1934:
Poles, Fixtures and Overhead Conductors . $ 82,614.36
Consumers' Meters
11,259.80
Line Transformers
8,306.74
Street Lighting Equipment
3,019.07 $105,199.97
Lynnfield Center
Total Investment December 31, 1934:
Poles, Fixtures and Overhead Conductors .
$ 35.948.66
Consumers' Meters
5,652.75
Line Transformers
2,857.22
Street Lighting Equipment
1,839.75 $ 46,298.38
Wilmington
Total Investment December 31, 1934:
Poles, Fixtures and Overhead Conductors
$125,312.01
Consumers' Meters
16,603.65
Line Transformers
9,971.25
Street Lighting Equipment
4,329.89
$156,216.80
Total Investments-Outside Towns
$307,715.15
Total Income-Outside Towns
$101,453.05
MATERIALS AND SUPPLIES
Materials and Supplies
$ 29,687.25
Electrical Appliances-in stock
21,816.36
Electric Appliances-in Consumers' premises
7,912.04
Tools and Supplies
8,666.20
Coal
637.33
Total Materials and Supplies
$ 68,719.23
CASH BALANCES AT CLOSE OF YEAR 1934 PETTY CASH FUND
Petty Cash due Treasurer $ 250.00
OPERATION FUND
DEBITS
Balance at beginning of year
None
Received from Sale of Electricity
$242,488.72
Received from Appropriation for Street Lights
13,800.00
Received from Miscellaneous Items
49,360.92
Total Debits
$305,649.64
255
CREDITS
Expenditures for operating $235,603.31
Bond Paid
10,000.00
Town Treasurer-Transfer of Funds 19,054.30
Interest Paid
2,620.00
Amount Transferred to Depreciation Fund 36,219.05
Amount Transferred to Construction Fund
2,152.90
Total Credits $305,649.64
Balance, December 31, 1934
None
DEPRECIATION FUND
DEBITS
Balance of Account at beginning of year $ 9,356.45
Amount Transferred from Income 36,219.05
Total Debits $ 45,575.50
CREDITS
Amount Expended for Construction Purposes $ 45,485.09
Amount Expended for Pole Renewals None
Total Credits $ 45,485.09
Balance on Hand December 31, 1934 $
90.41
CONSTRUCTION FUND DEBITS
Balance on Hand at beginning of year $ 1,050.01
Transferred from Operation Fund 2,152.90
Total Debits $ 3,202.91
CREDITS
Amount Expended for Construction Purposes $ 1,050.01
Total Credits
$ 1,050.01
Balance on Hand December 31, 1934 $ 2,152.90
SPECIAL CONSTRUCTION FUND-HAVEN STREET
DEBITS
Balance on Hand at beginning of year
None
Received from Note Issue $ 20,000.00
Total Debits $ 20,000.00
CREDITS
Amount Expended for Construction Purposes $ 20,000.00
Total Credits $ 20,000.00
Balance on Hand December 31, 1934 None
256
TABLE A
Year
Income from
Sale of
Electricity
Income from
other Sources
Appropriations
from Tax Levy
Street Lights
Appropriations
from Tax Levy
Construction
Production
Expense
Distribution
Expense
Expense
Interest
Depreciation
Bond and
Note Payments
Total Cost
of Plant
December 31
1910
$25,668.87
$ 604.88 $10,000.00
$ 270.00 $13,228.57
$3,271.76
$4,429.32
$2,535.75
$3,556.00
$4,000.00
$135,992.62
1911
31,317.40
410.77
5,800.00
1,000.00
13,066.25
6,353.77
5,753.84
2,767.00
4,079.78
4,500.00
144,714.06
1912
37,171.93
599.07
5,000.00
5,500.00
17,546.87
5,605.41
5,605.18
3,018.21
4,143.80
7,200.00
173,091.96
1913
44,664.70
671.87
6,000.00
5,076.19
20,054.9.)
10,705.42
10,214.88
3,515.40
4,788.80
6,800.00
202,518.81
1914
49,799.75
791.14
4,500.00
4,132.07
19,014.03
7,784,82
8,697.05
4,453.33
6,051.08
9,000.00
233.509.58
1915
51,603.32
640.25
10,500.00
none
18,292.78
10,329.83
7,730.32
4,640.42
6,972.28
9,500.00
254,349.09
1916
61,900.01
911.69
5,000.00
none
22,261.19
13,986.22
8,316.39
4,704.99
7,597.47
10,800.00
269,898.27
1917
67,593.64
2,422.92
8,750.00
none
30,460.16
14,557.81
11,577.08
5,070.43
8,096.95
11,300.00
285,428.29
1918
78,096.09
1,537.86
11,000.00
none
41,006.13
13,572.51
11,311.54
6,882.24
8,529.85
14,800.00
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