Town of Reading Massachusetts annual report 1939, Part 14

Author: Reading (Mass.)
Publication date: 1939
Publisher: The Town
Number of Pages: 366


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1939 > Part 14


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230.30


230.30


1,218.82


Orange


396.21


396.21


792.42


Park.


507.30


322.70


830.00


1,660.00


Parker


427.00


Pearl


855.55


855.55


1,711.10


Perkins


Pine


226.00


469.80


843.80


3.184.56


Pratt.


252.20


303.30


555.50


1,111.00


Prescott.


1,070.60


2,091.80


3,162.40


6,601.80


Prospect


886.00


886.00


2,146.00


Salem


543.00


132.50


675.50


1,812.90


Sanborn


200.00


200.00


916.30


School.


688.25


Smith


475.00


Summer.


1,229.40


Sweetser


175.00


175.00


509.30


Temple


40.00


40.00


2,031.04


Union.


303.60


Village


825.00


825.00


2,328.40


Warren .


715.00


724.00


246.80


1,163.20


2,134 00


4.692.90


Wenda.


300 CO


Wilson.


804.50


804.50


1,609.00


Woburn


1,196.00


.....


917.40


2,113.40


6,708.30


Total Lengths. .


9,781.15


18,488.76


6,224.50


1,656.90


36,151.31


97,687.66


Middlesex


254.00


1,677.40


Minot.


972.65


1,111.50


1,111.50


2,223.00


Lowell


813.10


Eaton


396.00


Fremont


475.00


Green


836.90


559.30


Harrison .


454.50


Haven


Lincoln


226.00


400.00 452.00


Pleasant


374.00


715.00


1,430.00


Washington


955.50


313.60


Sewer Department


167


REPORT OF THE EXECUTIVE OFFICE OF THE BOARD OF PUBLIC WORKS


To the Board of Public Works :


Gentlemen :


The following is the yearly report of the executive office : Appropriation


$ 6,335.00


Insurance Refund 22.50


$ 6,357.50


Expended :


Salaries


$ 5,645.80


Supplies and Misc


696.75


Total Expended


$ 6,342.55


Balance Unexpended


$ 14.95


The following table shows the expenditures made this past year in the major departments, the payroll of each, and the entire expendi- tures of the Department of Public Works.


Note : Highway includes all other departmental accounts not specifically mentioned below, such as Chapter 90, Betterments, Drain- age, Snow and Ice, etc.


1


B. P. W. Water Highway Sewer Park


Totals


Pay Roll


$5,645.80 $16,131.53 $53,983.20


$5,954.96 $1,780.37 $83,495.86


Bills


696.75 32,295.33 58,093.16


7,182.86


2,888.80 101,156.90


Totals $6,342.55 $48,426.86 $112,076.36 $13,137.82


$4,669.17 $184,652.76


In closing this report, the Superintendent wishes to express his appreciation to the members of the Board for their many helpful sug- gestions and kindnesses extended to him during the year, and to assure all those in any way associated with him in carrying on the work of the Department of his gratitude for their interest and co-operation, and to acknowledge the assistance, co-operation and helpful suggestions which he has received from the other department heads of the town.


PHILIP WELCH, Superintendent.


168


FORTY-FIFTH ANNUAL REPORT


of the


ELECTRIC LIGHT COMMISSIONERS


For the Year Ended


December 31, 1939


OFFICERS OF ELECTRIC LIGHT AND POWER DEPARTMENT


Commissioners


HENRY R. JOHNSON, Chairman Term expires 1941


LOUIS ELLENWOOD, Secretary Term expires 1940


HERBERT G. EVANS Term expires 1942


Manager ARTHUR G. SIAS


Office 25 Haven St., Reading, Mass.


MANAGER'S REPORT


To the Municipal Light Board : Gentlemen :


I submit herewith my report of the operation of the Municipal Light Plant for the year ending December 31, 1939.


The station output in kilowatt hours showed an increase of 11.34 per cent over the previous year.


The kilowatt hours sold increased from 8,400,252 to 9,409,182, a gain of 11.2 per cent.


The kilowatt hours lost in distribution dropped from 10.2 per cent in 1938 to 9.66 per cent in 1939.


The maximum load on the system during the year was 3375 K. W. and occurred on December 28th. This is an increase of 275 K. W. over the 1938 maximum.


The average cost of the current purchased was 1.1508 cents per kilowatt hour which was about 2.7 per cent lower than the previous year.


The increased use of electric service in residences during the year has resulted in the sale of 365,415 more kilowatt hours than in 1938, and brings the average annual consumption per residence meter up to 972 kilowatt hours, an increase of 41 over last year.


The net increase in the number of residence meters was 162, which would account for approximately 154,000 kilowatt hours increase and the balance of the increase can be attributed to the increased use of electrical appliances in the home.


Sales of current for commercial use show an increase of 7.86 per cent and for power 40.55 per cent. The large increase in the sale of power was due to the decision of the Sanford Mills to shut down their generating equipment and purchase all of their power requirements.


170


The operating revenue for the year was $334,286.84, an increase of $18,816.44, the principal increases being, $13,115.65 from residence service and $4,302.98 from power sales.


The operating expenses show an increase of $10,313.23. The pur- chase of electric energy, which is a large proportion of the operating costs, shows an increase of $10,928.64 and is due to the increase in the number of kilowatt hours purchased. The remaining operating ac- counts show a slight decrease.


The net income balance transferred to the Profit and Loss account was $46,661.79 and the net increase in the Profit and Loss surplus was $4,577.88 after bond and note payments of $15,500.00, payment to the Treasurer of $24,000.00 and miscellaneous adjustments of $2,583.91.


The amount charged off the various plant accounts during the year for depreciation was $33,318.50, representing 3 per cent of the cost of the plant.


Current Assets at the close of the year were $112,039.41 and Cur- rent Liabilities $44,568.88.


The cost of additions to the plant during the year amounted to $70,199.11, of which the sum of $40,948.56 was expended for the purchase and improvement of the Haven Street property and the erection of the new Office Building. $25,418.52 was expended for additions to the Distribution System, $2,218.44 for the Street Lighting System and $1,613.59 for additional equipment at the Power Station.


The financing of the purchase and improvement of the Haven Street property was by a loan of $36,000.00 and the transfer of $5,000.00 from the regular Construction Fund of the plant. The remaining addi- tions were financed from the earnings of the plant.


A loan of $15,000.00 was authorized for the purchase of materials and tools to extend the underground duct system using W. P. A. labor. The materials and tools were purchased and the work started late in the year. The expense is shown in Unfinished Construction and will be transferred to the proper plant accounts upon completion of the project.


The amount of the allotment granted by the Federal Government for W. P. A. labor on this project was $27,351.00.


POWER STATION


The two high tension transformers at the south side of the building have been thoroughly cleaned and re-painted. The water cooling coils in these transformers have been connected with a motor-driven pump. in the basement of the Power Station, thereby increasing the loading capacity of the transformers from 2500 to 3750 K. W. each.


171


An additional oil switch and the necessary wiring and control ap- paratus has been installed on the switch gallery which provides us with additional feeder circuit capacity. $1,613.59 was expended for these improvements from the Depreciation Fund.


It was necessary to renew the hot well in the basement in order to keep the generating plant in operating condition. The expense was $243.00 which was paid from the Operation Fund.


Our Power Station Superintendent, Mr. Kirk P. Sanborn, passed away on August 8th. Mr. Sanborn was the oldest employee of the Department, in point of service, he having entered our employ as As- sistant Engineer on November 1, 1905. He was a faithful and com- petent employee and his passing is deeply regretted.


DISTRIBUTION LINES


Underground cables have been installed in the ducts on Washington and High Streets, the necessary transformers and switches installed in the manholes and service connections made. Overhead wires have been removed, also several of the poles. The remaining poles will be taken down as soon as the Telephone wires have been removed.


Underground ducts have been placed across Lowell Street at Hartshorn Street and also at Grove Street and Willow Street, and one manhole constructed at Willow Street. This work was made neces- sary on account of the re-building of Lowell Street.


Materials and tools were purchased for the installation of under- ground ducts and manholes on Sanborn, Woburn, Linden, High and Lowell Streets in connection with a W. P. A. Project. Work on this project was started the latter part of November and is now in progress.


Trees have been trimmed and wires passing through trees have been re-insulated over the entire distribtuion system in the Towns of North Reading and Wilmington, as well as on all State Highways.


We have set 76 additional poles during the year and 385 poles have been renewed.


193 new service connections have been made.


34 transformers have been installed and 31 removed during the year. There were 509 transformers in use on the distribution system at the end of the year.


We have added 840 feet of primary wire, 91,607 feet of secondary wire and 6,508 feet of street lighting wire during the year. Our distribution system now covers 187.95 miles of street on which are erected 8,609 poles carrying 1,210.18 miles of wire.


It is estimated that about 500 poles will need renewing during the coming year.


172


STREET LIGHTING


A total of 25 additional public street lights have been installed in Reading as follows: Summer Avenue 1, Bay State Road 1, Grand Street 2, High Street 1, Lawrence Road 5, West Street 8, Belmont Street 1, Longview Road 1, Lee Street 1, Locust Street 1, and Middle- sex Avenue 3. Also 1 private street light on Cape Cod Avenue.


The lighting has been improved by the substitution of 250 candle power lamps in place of 60 candle power on the following streets : Bay State Road, Hopkins Street, Haverhill Street, High Street, West Street and Middlesex Avenue.


In Lynnfield one additional private light has been installed on Perry Avenue.


In North Reading 4 additional lights have been installed on Lin- wood Road and 1 on Gordon Road.


In Wilmington 1 additional light has been installed on Adelaide Road, and 1 on Brentwood Avenue.


The total number of public and private street lights now in service is 2035. There are 971 in Reading, 358 in North Reading, 530 in Wil- mington and 176 in Lynnfield Center.


There were 458,354 kilowatt hours sent out on the Reading street light circuits during the year at an average cost of 3.23 cents per kilowatt hour, making a total cost of $14,804.83.


The amount appropriated for street lighting was $14,000.00.


METER DEPARTMENT


We have purchased 206 new meters during the year and have repaired 220 old ones.


There were 6290 meters installed at the end of the year, of which 2598 are in outdoor cabinets. 498 meters have been installed in out- door cabinets during the year.


The following is a summary of the test work:


Number of request tests 196


Number of inquiry tests 347


Number of periodic tests 260


Number of laboratory tests 891


Total


1694


LAMP AND APPLIANCE DEPARTMENT


The sales of lamps and appliances during the year amounted to $34,212.70, which was an increase of $3,704.35 over the previous year.


173


114 ranges, 74 refrigerators and 8 water heaters were among the major appliances sold.


964 current consuming appliances were sold, estimated to consume 219,508 kilowatt hours per year and bring in an annual revenue of $8,780.32.


The amount appropriated for this Department from the income of the plant, was $12,000.00 and the net expense, including the cost of free installations was $7,203.63.


The income and expense schedule pertaining to merchandise, job- bing and repairs is shown below.


-


STATEMENT OF MERCHANDISE REVENUE AND EXPENSE For the Year Ending December 31, 1939


SALES OF APPLIANCES a/c 560


$ 36,913.40


Deduct-RETURNS and ALLOWANCES


2,700.70


NET SALES


34,212.70


COST OF APPLIANCES SOLD


25,264.24


GROSS PROFIT


8,948.46


Deduct-EXPENSES


Rent


969.85


Heat


134.06


Payroll


7,690.63


Commissions


2,210.63


Time Payment Discounts


634.82


Express and Trucking


.75


Store Expense


345.28


Sales Expense


209.26


Automobile Expense


177.20


Advertising-Mdse.


884.16


Demonstrations and Exhibits


1.98*


Cost of Installations


2,161.77


Inventory Adjustments


91.95


Uncollectible Accts.


574.99


Miscellaneous


New Business Expenses


TOTAL EXPENSE


16,083.37


SALE OF APPLIANCES-NET EXPENSE


7,134.91*


JOBBING SERVICE-NET EXPENSE


21.68*


RENTAL MDSE .- NET EXPENSE


47.04*


TOTAL MERCHANDISE EXPENSE


$ 7,203.63*


Estimated Annual KWH Used by Appliances Sold 219,508


Estimated Annual Revenue @ 4c per KWH $ 8,780.32


174


CHRISTMAS LIGHTING


Decorative lighting for holiday illumination was installed on Main and Haven Streets in co-operation with the Reading merchants.


In addition the usual decorative lighting was installed on the trees at Reading Common, Washington Street Park, Ernest Leach Park, County Road and West Street and Wenda Street. A total of .3162 lamps were installed.


The expense of same, a part of which is to be paid by the mer- chants, is as follows :


Labor and Insurance $ 564.30


Truck


83.70


Lamps


23.14


Current-8859 K. W. H. @ 1.35c


119.60


Total


$ 790.74


GARAGE


The automobile expense for the year, including insurance and de- preciation, is shown in the following schedule :


Gasoline


$ 1,252.68


Oil


57.91


Tires and Repairs


1,367.15


Labor


1,733.82


Insurance


794.90


Depreciation


1,234.87


Total


$ 6,451.33


The total mileage for the year was 133,172 and the average cost per mile 4.8 cents.


OUR NEW OFFICES AND SHOWROOMS


At the Special Town Meeting, held on June 20, 1939, the Municipal Light Board was authorized to purchase Black's Block property on Haven Street, to demolish the existing buildings, in whole or in part, and to erect a new building to be used by the Department for its offices and showrooms.


An appropriation of $36,000.00 was voted for the purpose and the Board immediately entered into negotiations for the purchase of the property. On July 5th the papers were passed in the office of Mr. Samuel H. Davis, Town Counsel, conveying the property to the Town.


175


Mr. Fred W. Nelson, of Reading, was engaged by the Board to take charge of the demolition work on that part of the old building which was removed. The two dwelling houses on the property were removed without expense to the Department.


Mr. George H. Sidebottom was engaged as architect on the new building and he prepared the plans and specifications and sent out the invitation for bids. Twelve bids were received, and the contract was awarded to the Concrete Construction Company of Chelsea who sub- mitted the lowest bid. The heating contract was awarded to Bridges- Wilson Company of Boston and the electric wiring contract to War- ren H. Bennett of Medford. The Neon Electric Sign for the front of the building was purchased from the Art Kraft Sign Co. through Mr. Homer F. Richards of Reading. Fred W. Nelson of Reading was awarded the contract for grading.


Construction work on the building was started on July 24th and completed September 30th.


The area of the land purchased was 25,573 square feet, of which 2,170 square feet was utilized for the widening of Haven Street by the Board of Public Works, and approximately 4,500 square feet al- located to the remaining portion of the old building fronting on High Street. The area occupied by the new building is approximately 6,800 square feet, leaving about 12,100 square feet for driveway, walk and parking space.


The new building is of brick and cinder block construction with a frontage on Haven Street of 60 feet, and extending to Green Street with an average depth of 114 feet.


The show room extends across the entire front of the building with a depth of 19 feet. On the easterly side are the offices of the Board and Manager, Sales Department, Demonstration Kitchen, Store Room and Receiving and Shipping Room. On the westerly side is the Busi- ness Office, Machine Room, Rest Room and Storage Vault. At the Green Street end of the building is the Appliance Service Department, Meter Department and Heater Room.


The construction of the building is such that a second floor may be added if required at some future time, and there is sufficient land for an increase in ground floor area if desired.


The present building should be suitable for the needs of the De- partment for many years.


A value of $32,948.56 has been placed on the property, of which $7,459.46 represents the value of the land and $25,489.10 the value of the building.


The two-story portion of the old building fronting on High Street has undergone extensive repairs. The stairway to the second floor has been moved from the Haven Street side to the High Street side. A


176


heater room was built in the rear portion of the building and a new heating system has been installed. The plumbing system has been completely re-built and new lavatories and toilets installed on both floors. New electric wiring and fixtures have been installed. New win- dows were put in, new gravel roof put on, the outside stuccoed on the lower section and shingled on the upper section and the entire building painted inside and outside. The amount expended on the repairs was $3,602.71.


A transfer of $5,000.00 from the Construction Fund of the Plant to the New Building account was authorized at the Special Town Meet- ing held October 17th, to provide funds for this work and sundry ex- penses in connection with the new building.


A value of $8,000.00 has been placed on the property of which $1,601.10 is on the land and $6,398.90 on the building. The present in- come from rents is $125.00 per month.


COST OF NEW BUILDING


and


RENOVATION OF OLD BUILDING


New Building-25 Haven Street :


Land, 18903 sq. ft. @ 39.46c


$ 7,459.46


Architect


1,300.00


Building Contract


$ 18,835.26


Electric Wiring and Fixtures


2,269.70


Heating Equipment 1,881.00


Electrical Sign 750.00


453.14 24,189.10


Miscellaneous Total-25 Haven St.


$ 32,948.56


Building-31-33 High Street :


Land, 4500 sq. ft. @ 35.58c


$ 1,601.10


Building


2,796.19


Renovation Expense


3,602.71


Total-31-33 High Street


$ 8,000.00


Total Expenditures


$ 40,948.56


New Building Appro.


$ 41,000.00


Total Expenditures


$ 40,948.56


Unpaid Bills 2.65 40,945.91


Cash Balance Dec. 31, 1939


54.09


177


*12 $4.


.5. 8


24


36 66


Quandt


DRIVE


GREEN


GG 23


ST.


78 84


65 61


HIGH


Stable


PARKING AREA


NEW OFFICE BUILDING


43 90


ST.


Mechanics Savings Bank


86.94


& RENTED


40 45


PROPERTY


DRIVE


3414:


33 .5


4 53


Red. = 22 16


Rad = 200


€1401m2


Grass


97 87 1


- 13


40 701


AR 250 Spike


HAVEN ST


OFFICE PROPERTY OF MUNICIPAL LIGHT DEPARTMENT SCALE 10 20


DRAWN BY P. R NICHOLS JAN 24 1940


15


23 5 ±


40 55


READING MUNICIPAL LIGHT DEPARTMENT


4


Front view of new Office Building of the Municipal Light Department


ELECTRIC LIGHT, BEAT AND POWER


View showing West side and Green Street end of new Office Building of the Municipal Light Department.


View of East Side of new Office Building of the Municipal Light Department, showing parking space.


View showing interior of Appliance Store of the Municipal Light Department.


Another view showing interior of Appliance Store of the Municipal Light Department.


"hile thes last !.. (Act nem,


no. 2995


BY: SVM


*** EUREKA FIRST TIME IN 30 YEARS.


-


..


-


----


Business Office of the Municipal Light Department.


Demonstration Kitchen of the Municipal Light Department.


-


--


-


GIN38BYRST


-


AHEARN TAILOR


NEWSDEALER


Portion of Old Building remaining and newly renovated.


FUTURE IMPROVEMENTS


The following additions and improvements to the plant are re- commended for the coming year :


Estimate of New Construction for 1940


Extend North Wilmington Feeder Circuit on Lowell Street


from Grove Street to West Street $ 500.00


Divide Street Light Circuit in Wilmington into three circuits 1,500.00


Divide Street Light Circuit in North Readng into two circuits 1,000.00


Extend Underground Service on Pleasant Street from Main Street to Middle Street 2,300.00


Extend Reading Street Light Circuit on Pearl Street 1,828.00


Renew Street Light Fixtures on Summer Avenue from Main Street to West Street, and on Prescott Street from Lin- coln Street to West Street 1,000.00


New Fence and Complete Grading and Landscaping at Haven Street Property


1,000.00


Extend 2 Primary Circuits and 1 Street Light Circuit in un- derground ducts, on High Street and Lowell Street from Woburn Street to Grove Street, Including lamp posts and fixtures 13,400.00


Ordinary Extensions, Service Connections, Meters and Transformers


18,000.00


TOTAL, $ 40,528.00


To be Paid from Construction and Depreciation Funds :-


Estimate of Construction Fund $ 4,315.25


Estimate of Depreciation Fund 38,908.61


TOTAL $ 43,223.86


187


ESTIMATE FOR 1940


In accordance with the provisions of Section 57, Chapter 164 of the General Laws, I submit herewith, my estimate of the income and ex- penses of the Municipal Light Plant for the year ending December 31, 1940.


Income


From Private Consumers


$333,000.00


From Tax Levy :


For Street Lights


$ 15,500.00


For Municipal Departments


4,200.00 19,700.00


From Miscellaneous Income


2,500.00


Total Income


$355,200.00


Expenses


For Operation, Maintenance and Repairs


$269,107.50


For Interest on Bonds and Notes


3,402.50


For Depreciation at 3% on $1,156,352.91


34,690.59


For Bond Payments


4,000.00


For Note Payments


17,000.00


Total Expenses


$328,200.59


A summary of cash receipts and expenditures, statement of the various funds, total cost and present book value of the plant. together with statistics pertaining to the plant and a list of bills remaining un- paid at the end of the year will be found on the pages which follow.


The report of the Auditor which is appended will show in detail the results of the operation of the plant as shown by the books of record.


Respectfully submitted, ARTHUR G. SIAS, Manager.


The reports of the Manager and Auditor as submitted by them are hereby approved by us and constitute our report to the Town.


HENRY R. JOHNSON,


LOUIS ELLENWOOD,


HERBERT G. EVANS, Municipal Light Board.


188


Average 1939 Monthly Bill


for Completely


Electrified Home


1939 RESIDENCE SERVICE


MUNICIPAL LIGHT BOARD TOWN OF READING


AVERAGE NET AMOUNT


DATE


CONSUMPTION IN K.W. HRS.


PER


K.W. NR.


OF MONTHLY BILL


SEP1


533


2.11¢


$ 11.24


r


ALL ELECTRIC CUSTOMER


EASY STREET


READING, MASS. J


TELEPHONE READ.1340


Average 1939 Monthly Bill


for Home with Limited


Electric Service


1939 RESIDENCE SERVICE


MUNICIPAL LIGHT BOARD TOWN OF READING


READING, MASS.


DATE


CONSUMPTION


AVERAGE RATE


AVERAGE NET AMOUNT


OF MONTHLY BILL


SEP 2


81


4.14¢


$ 3.35


r


AVERAGE RESIDENT CUSTOMER


ANY STREET


READING, MASS. J


TELEPHONE READ. 1340


T.of K Light Dest - 1939 Raport


W.L Cianascal


189


PER K. W. HR.


K.W. HR3.


L


READING, MASS.


AVERAGE RATE


COST OF APPLIANCE OPERATION IN ALL-ELECTRIC HOME


Monthly K.W.Hv. per appliance


Monthly Cost of Appliance Operation


Lighting --


----- 30


-1.6 2


Iron -- -------- 5


.27


-Radio ------ 15-


.. 81


Washer- ----- 2-


.05


Toaster ----- - 5 - .14


-- Refrigerator ---- 35


.... .95


-Cleaner -------- 1 -- .... .03


Percolator ------- 5


.13


.....========- 2.86 Range ------- 110


Ironer-


------- 10-


13


Oil-burner ----- 25-


:34


Water-heater 275- -3.71


Miscellaneous Appliances -------- 15- -. 20


TOTAL ----- 5 33 K.W.Hr .---- $11.24 Note- Rate for each appliance operating cost taken at rate-step applicable when appliance K.W.Hrs.per month are taken'm the order pictured-from top to bottom T. of Right Dept. 1938 Report


ALL Gianasol


COMPARISON OF OPERATING COSTS 1939-1938


In Cents Per Kilowatt Hour Based on Kilowatt Hours Sold and Delivered to Street Lights 1939


1938


Production


1.2933


1.317


Distribution


.6604


.678


Utilization


.1217


.119


Commercial


.1743


.194


New Business


.0040


.079


General and Miscellaneous


.7803


.841


Bonds, Notes and Interest


.1980


.222


Total Costs


3.2320


3.450


SUMMARY OF CASH RECEIPTS AND DISBURSEMENTS


During the Period January 1, 1939 Through December 31, 1939


Cash Balances January 1, 1939


Operation Fund


$


None


Depreciation Fund


None


Construction Fund


5,018.28


Spec. Const .- Underground


None


Spec. Const .- New Bldg.


None


Petty Cash Fund


250.00


Total Cash Balances


$ 5,268.28


Cash Received


Sale of Electricity, Mdse. & Jobbing


$329,236.64


Street Lighting Appropriation


14,000.00


Proceeds Sale of Note-Underground


15,000.00


Proceeds Sale of Note-New Bldg.


36,000.00


Miscellaneous


43,142.49


Total Cash Received


$437,379.13


TOTAL


$442,647.41


Cash Disbursed


Operation Accts .- Plant, Mdse. & Jobbing


$321,312.53


Construction Accounts. .


70,199.11


Interest Paid


2,852.50


Bonds and Notes Paid


15,500.00


Transfer to Town Treasurer


24,000.00


Total Cash Disbursed


$433,864.14


Cash Balances December 31, 1939


Operation Fund $


None


Depreciation Fund


4,218.02


Construction Fund


4,261.16


Spec. Const .- Underground


None


Spec. Const .- New Bldg.


54.09


Petty Cash Fund


250.00


TOTAL CASH BALANCES December 31, 1939


$ 8,783.27


191


COMPARISON OF KILOWATT HOURS SOLD ALSO INCOME RECEIVED


K. W. H.


1939 Income


Average Rate


K.W.H.


1938 Income


Average ·Rate


Kilowatt Hours Sold and Revenue


Residence Service


5,441,984


$225,179.98


4.138


5,076,569


$212,064.33


4.177


Commercial Service


1,270,590


43,340.60


3.411


1,177,962


40,965.06


3.478


Commercial Power-Retail


168,014


7,652.16


4.554


·498,040


14,199.23


2.851


Commercial Power-Wholesale


1,291,740


19,701.15


1.525


469,054




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