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AMERICAN COMMONWEALTHS POWER CORPORATION Annual Report The Annual Report of American Commonwealths Power Corporation and its five major subsidiary companies reflects the extent of its operations as one of the major public utility systems of the country. The development of gas and electric generating and distri bution facilities has continued throughout the year at an unprecedented rate, in response to a steadily increasing demand for gas and electricity for domestic and industrial purposes in the areas served. The acquisition of additional utility properties, conserva tively financed, has added to the diversity of services and the stability of earnings which make for strength in the investment of securities of this System, now serving a population estimated at over 2,600,000 in 383 communities. The expansion of the System has been made only after careful analysis and selection of properties with a view to operating in territories offering potential opportunities for growth, both as regards population and industry. A history of American Commonwealths Power Corporation, its earnings, statistical data, and services rendered are contained in the Annual Report for the year 1929, just issued, which will be sent to those interested upon request. Address Secretary American Commonwealths Power Corporation 120 Broadway—New York
Newspaper Details
The Evening Gazette
Cedar Rapids, Iowa, US
Thu, May 22, 1930
Page 15
Full Page
Clipped by
Edie H.
