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takeNET INCOMEOF UTILITYPLANT $152,263551 New Consumers Added During Year, According toA*Annual ReportA net Income of $152,263.34, equal to.nearly ten per cent on the represented investment of $1,350,202.27 is shown by the report of the Public Utilities Commission for the year filed with the city council last night. Of the net income the electricity department turned in $110,980.89 while the water works departmenl’s'ligures are $41,282.45.Total operating revenues of the iititilities are given at $334,973.74, with the light plant nearly tripling the total of the water department, the figures being: water department $8S,71S.54 and the light plant $24G,255.20. The ration of operating expense apportioned to the two departments is about the same, $25,-155 for water and $89,913.80 for the electric department. Depreciation is figured at $9,001.55 on water works and $30,143.17 on the light plant.City Equity $350,000Figures show a city equity in the plant of $352,781.58 and long term indebtedness on the plant at $122,-000. of which $50,000 is In water works bonds and $72,000 electric, light bond. The report assigns $203-840.21 to reserves, retirement depreciation and $18,224.S5 for extensions. Profit and loss surplus is fixed at $S43,G99.S9, of which $352,-519.47 is for water department, and $501,ISO.12 for electric. A deduction of $5,512.50 is allowed for interest which is refunded to the city wjhich levies a direct for that money. Thereport does not however, Includemention of the direct tax raised for bonds for the plant which is also refunded to the city.551 New ConsumersIndication of the growth of tin* city and the Utility plant is given in the statement that 551 new consumers have been added for the two departments during the past yea r.The report is signed by members of t lie commission and will be officially published tomorrow./tfruska before her marriage, was born in the county and was married to Frank Oswald forty-seven years ago, the family taking, up its home on-tho farm where-the death occurred. She was sixty-six years old, her demise was due to diabetls from which she had been a sufferer for a number of years. Besides the husband ' she is survived by three Bons, George of Green Bay, Frank and Anton of Taus; four daughters, Mrs. Frank Nespor, Mrs. Emma Burish, Mrs. Edward Yohan* ek, nil of Taus and Mrs. Joseph Linsmeyer of Mahitowoc Rapids; four sisters, Mrs. Anton Matejovitz, Mrs. George Zahorik, Mrs. John Zahorik and Mrs. George Milbauer, and one brother, Joseph Hruska, all of the county. Twenty-one grandchildren also survive her.COMPANY E TOA.H.TAKEBE INSPECTEDON MARCH 8Announcement was made from the offices of the adjutant general at Madison today of annual inspection of National Guard companies of the state, to be conducted by twelve federal army detached officers. The inspection will start on February 28 and will close March 23. Units inspected at their home stations will be required to stage a regular scheduled drill.Company E, of this city, will undergo inspection on March S, and the medical unit of the 321st regiment, which also has its headquarters in this city, will be inspected March 9. Capt. William A. Swift, U. S. infantry, will conduct the inspections here.Mrs. Alb mother of city, passe home in W evening, ai of this city tend the f ably be he had been a orders for week t^as Mrs. Ha Kewaunee going then ing there Hard Ike, a brato theli nivcrsary i Besides ko is survl Martha of Green Bay ter, five slt; Charles of Bay, Louis (lore of Mil and broth grandchild; divu also i Funeral been comp15 LAC1GiPI1^ou need just orfor all your ba*1if you get the rigtMRS. OSWALD,PIONEER, LAIDTO REST TODAY? ex-at.ed Con-!Iln-gtonlaudI?aing-iMrs. Rose Oswald, wife of Frank Oswald, who died at the family home at Taus Saturday, was buried this morning with services *at 10 o'clock at St. Augustin’s Catholic church at Itiefs Mills, the. Rev. Schiller officiating. Burial was at the church cemetery.Mrs. Oswald, who was Rosefor Pastry, Biscuits me ved •. Ring
Newspaper Details
Manitowoc Herald News
Manitowoc, Wisconsin, US
Tue, Feb 22, 1927
Page 1
Full Page
Clipped by
Winnefox L.
WI, USA 26 Apr 2019
Other Publications Near Manitowoc, Wisconsin
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