TABLE NO. 8. STOCK, BONDS AND NOTES APPLIED FOR, AUTHORIZED, DENIED, DISMISSED AND PENDING BY AND BEFORE THE RAILROAD COMMISSION OF THE STATE OF CALIFORNIA FROM JULY 1, 1922, TO JUNE 30, 1923. TELEPHONE AND TELEGRAPH COMPANIES: Abbreviations: A. B. Additions and Betterments; Ref. Refunding; Reorg. Reorganization. TABLE NO. 9. WATER CARRIERS: STOCK, BONDS AND NOTES APPLIED FOR, AUTHORIZED, DENIED, DISMISSED AND PENDING BY AND BEFORE THE RAILROAD COMMISSION OF THE STATE OF CALIFORNIA FROM JULY 1, 1922, TO JUNE 30, 1923. Abbreviations: A. B. Additions and Betterments; Ref. Refunding; Reorg. Reorganization. Applied for prior to July 1, 1922. TABLE NO. 10. WAREHOUSEMEN: STOCK AND BONDS APPLIED FOR, AUTHORIZED, DENIED, DISMISSED AND PENDING BY AND BEFORE THE RAILROAD COMMISSION OF THE STATE OF CALIFORNIA FROM JULY 1, 1922, TO JUNE 30, 1923. Abbreviations: A. B. Additions and Betterments; Ref. Refunding; Reorg. Reorganization. PERCENTAGES. Of the securities applied for, 33.50 per cent represented stock, 62.14 per cent bonds, .46 per cent notes and 3.90 per cent certificates of indebtedness. Of the securities authorized, 29.11 per cent represented stock, 66.69 per cent bonds, 3.98 per cent notes and .22 per cent certificates. Of the securities denied, 96.80 per cent represented stock and 3.20 per cent notes. Of the securities dismissed, 92.26 per cent represented stock, .97 per cent bonds and 6.77 per cent notes. Of the securities pending on June 30, 1923, 87.40 per cent represented stock, 12.31 per cent bonds and .29 per cent notes. ADDITIONS AND BETTERMENTS. During the year ending June 30, 1923, the Commission authorized $88,677,609 of securities to be issued for the purpose of financing the cost of acquiring and constructing public utility properties. This amount is segregated to various classes of utilities as follows: The construction of hydro-electric and gas plants and appurtenances and the enlargement and extension of existing facilities and services required the issue of approximately 73 per cent of the total amount of securities authorized. Every large electric and gas utility has been engaged in increasing its plant generating capacity. On December 31, 1922, the total electric generating plant capacity is reported at 1,180,985 kilovolt amperes as compared with 1,061,825 kilovolt amperes on December 31, 1921. At the close of 1922 the number of electric consumers are reported at 805,771 as compared with 716,191 on December 31, 1921. The number of kilowatt hours of electric energy sold during 1922 is reported at 3,371,676,792 and during 1921 at 3,115,053,316. The number of gas consumers are reported at 821,143 on December 31, 1922, and at 731,492 on December 31, 1921. During 1922 gas utilities report 93,551,956,517 cubic feet of gas sold as compared with 74,439,857,174 cubic feet during 1922. In the extreme northern part of the state the California-Oregon Power Company during the last year has been engaged in installing an additional unit in its Copco hydro-electric plant, in raising its Copco Dam, in building its Link River Dam in Oregon and in constructing a transmission line from Prospect, Oregon, to Eugene, Oregon, to connect with the Mountain States Power Company. To finance a portion of this construction work, the company during the twelve months ending June 30, 1923, was authorized to issue and sell $1,000,000 of 7 per cent preferred stock. Pacific Gas and Electric Company was authorized to issue and sell $7,500,000 of its 6 per cent preferred stock, $693,231 of common stock and $10,000,000 of bonds to finance the cost of construction work. The company and its subsidiary, Mount Shasta Power Corporation, |