Upton, 2,071 7,500 00 Sunderland Electric Light and Power Co., Sunderland, Turner, G. H., Union Electric Light Co., United Electric Light Co., Upton Electric Co., Uxbridge and Northbridge Electric Co., Uxbridge, Northbridge, 19 Vineyard Lighting Co., Ware Electric Co., 20 Webster and Southbridge Gas and Elec tric Co., . Westborough Gas and Electric Co.,. Weymouth Light and Power Co., 2 Williamstown Gas Co., Winchendon Electric Light and Power Co., Worcester Electric Light Co., Winchendon, Worcester, Leicester, 1 Manufacture of electricity, minor portion of business. 2 Par value $25. 3 Owned by estate of Charles Doughty. 4 Salem only. 5 Unincorporated. The following table contains a summary of the financial operations of all the incorporated companies and privately owned plants engaged in the sale of electricity under the supervision. of the Board for the year ending June 30, 1909, and for the year ending June 30, 1910: Three1 of the corporations included above appear not to have earned expenses, and seventeen 2 others have not earned sufficient to warrant the declaration of any dividend. From the above data it appears that the gross profits from electric lighting of all the companies increased $188,887.36, and those doing only an electric business show an increase during the last year of $231,599.68. In Appendix A will be found, under date of June 30, 1910, the separate balance sheets, profit and loss and manufacturing accounts of the companies, as taken from the annual returns, with corrections made by the Board after examination and correspondence with the officers of the several companies. Aggregates from the balance sheets of the electric companies only, taken from the returns of 1909 and 1910, show the following facts: Taxes. The valuation of the property of the several electric light companies, as fixed by the local assessors, may be found in detail in Appendix D. The aggregate valuation of all of the electric light companies is $35,176,630. This does not include the valuation of the electric plants of the gas companies. The total sum paid by the companies for taxes, including State supervision and including the amounts paid by the gas companies on account of their electric plants, is $963,766.41. Dividends. The amount paid in dividends by the several electric light companies and the rate per cent will be found in detail in Appendix D. Nineteen companies paid no dividends. The other 39 companies paid out in all as dividends the sum of $2,411,200.12, which is an average rate of 10 per cent. on their capital stock. Reductions in Price. The following companies have reduced the maximum net price for electricity for commercial use during the year ending June 30, 1910: Price. The following table shows the prices charged by the several electric light companies for commercial lights power on June 30, 1910: and 18 18 Maximum Rates 10 cents, Remarks (Discounts, Minimum No free wiring. Renewals of carbon |