665.47 for 1921. Net profits, that is, the amount transferred to corporate surplus and available for dividends are reported as $3,350,121.83 and $2,295,448.05 for 1922 and 1921 respectively. Electric light and power companies for 1922 report revenues of $69,322,631.48, operating expenses of $40,048,764.25 and net operating revenues of $29,273,867.23 as compared with $65,461,913.88, $40,083,498.78 and $25,378,415.10 respectively in 1921. Net profits available for dividends are reported as $13,361,590.45 in 1922 and $10,688,173.66 in 1921. Gas companies for 1922 report operating revenues of $39,963,480.27 as compared with $35,664,937.75 for 1921. Their net operating revenues for 1922 are reported at $9,201,570.73 and net profits available for distribution as dividends at $6,406,396.64. In 1921 this class of utility reported net operating revenues of $6,610,028.60 and net profits of $4,558,707.16. The gross revenues of telephone and telegraph companies filing annual reports with the Commission were reported at $156,196,338.64 for 1922, as compared with $148,708,212.09 for 1921. Net operating revenues were reported as $34,290,421.92 and $28,215,705.62 for 1922 and 1921, respectively. There are included in the above figures, however, the entire revenues of The Pacific Telephone and Telegraph Company and of the Western Union Telegraph Company, which companies do business outside of the state as well as within, and do not segregate in reports filed with the Commission their revenues to the several states in which they operate. The gross revenues of the former company for 1922 are reported at $36,512,530.98, operating expenses at $25,932,735.92 and net revenues at $10,579,795.06. After paying taxes, interest and other deductions and after taking nonoperating income into consideration, the company reports net income for the period of $5,648,530.23, of which amount $2,670,000 was distributed as dividends and $2,978,530.23 was carried to surplus. The Western Union Telegraph Company reports its gross revenues as $105,447,748.43, net revenues as $22,750,911.60 and net income available for dividends as $13,205,351.90. Carriers by water, wharfingers and warehousemen in their reports filed with the Commission show gross revenues of $30,583,530.25 for 1922 and net revenues as $2,668,654.67. For 1921 these accounts are reported as $24,078,026.63 and $335,682.41 respectively. OPERATING REVENUES OF UTILITIES. Table No. 12, which follows, contains a summary of the operating revenues, operating expenses and net operating revenues of public utilities filing reports with the Railroad Commission for the year 1922. Part two of this report contains detailed information relating to the operating revenues, other income, operating expenses and other disbursements. The tables show the amount of interest accrued and dividends declared during 1922. TABLE NO. 12. SUMMARY OF OPERATING REVENUES AND EXPENSES AND NET OPERATING REVENUES OF PUBLIC UTILITIES REPORTING TO THE RAILROAD COMMISSION, 1921-1922. NOTE.-Taxes not included in operating expenses of steam railroads, electric railways, and telephone and telegraph companies. TABLE NO. 13. NET OPERATING REVENUES OF PUBLIC UTILITIES OPERATING IN CALIFORNIA, 1921-1922. EXTENSIONS AND IMPROVEMENTS. Steam and electric railroads, gas, electric, water, telephone and telegraph companies report additions to fixed capital during 1922 in the amount of $142,819,036.79. This figure, of course, includes the total additions to capital accounts made by interstate carriers and other companies doing interstate business. Table No. 14 following shows the total additions segregated to the various classes of utilities. TABLE NO. 14. FIXED CAPITAL INSTALLED BY CERTAIN CALIFORNIA PUBLIC UTILITIES AS SHOWN IN ANNUAL REPORTS FILED WITH THE RAILROAD COMMISSION, 1913 TO 1922, INCLUSIVE. FIXED CAPITAL INSTALLED BY STEAM RAILROADS DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS TABLE NO. 16. FIXED CAPITAL INSTALLED BY ELECTRIC RAILWAYS DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS FILED WITH RAILROAD COMMISSION. FIXED CAPITAL INSTALLED BY ELECTIRC COMPANIES DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS FILED WITH RAILROAD COMMISSION. (Does not include construction work in progress.) The California-Oregon Power Company.. Lassen Electric Company. L ́s Angeles Gas and Electric Corporation. Mi Band Counties Public Service Corporation. Mount Shasta Power Corporation.. Ontario Power Company, Pacific Gas and Electric Company. San Diego Consolidated Gas and Electric Company. San Joaquin Light and Power Corporation.. Sierra and San Francisco Power Company. Snow Mountain Water and Power Company. Scathern California Edison Company. The Scuthern Sierras Power Company. Western States Gas and Electric Company. All other companies............. Total.... $1,244,034 75 154,932 40 182,413 23 144,472 94 3,197,111 85 96.869 80 21,815 34 2,589,556 50 298,131 52 16,031,852 88 194,107 49 7,562,130 26 938,681 21 6,359,904 59 1,651 43 91.617 51 16,670,722 10 305,200 95 3,701,942 12 $59,790,238 87 767,416 93 $60,557,655 80 TABLE NO. 18. FIXED CAPITAL INSTALLED BY GAS COMPANIES DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS TABLE NO. 19. FIXED CAPITAL INSTALLED BY TELEPHONE AND TELEGRAPH COMPANIES DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS FILED WITH RAILROAD COMMISSION. Associated Telephone Company. (Does not include construction work in progress.) California Telephone and Light Company Cocs and Curry Telephone Company. Downey Home Telephone and Telegraph Company. Federal Telegraph Company. Home Telephone Company of Covina Home Telephone and Telegraph Company of Pasadena. Huntington Beach Telephone Company. Interstate Telegraph Company. Kerman Telephone Company Kern Mutual Telephone Company. Lindsay Home Telephone and Telegraph Company. Monrovia Telephone and Telegraph Company. Ontaric and Upland Telephone Company. The Pacific Telephone and Telegraph Company. Sacramento Valley Telephone Company. Santa Barbara Telephone Company. Santa Monica Bay Home Telephone Company. Southern California Telephone Company. Southwestern Home Telephene Company. United States Long Distance Telephone and Telegraph Company. The Western Union Telegraph Company. Whittier Home Telephone and Telegraph Company. All other companies.. Total...... $1,914,505 25 23,430 46 27,170 41 5.888 11 131.268 07 90.502 74 803,325 02 10,432 96 47,640 36 15.452 07 14,209 22 6,867 12 11,396 36 60,941 98 15,956,820 28 77,808 58 21,872 66 28,526 32 167,226 15 107,605 22 9,204,682 19 14.514 63 199,327 00 11,406,926 69 53,040 10 $40,461.379 95 129,470 64 $40,590,850 59 TABLE NO. 20. Huntington Beach Water Company. FIXED CAPITAL INSTALLED BY WATER COMPANIES DURING YEAR 1922 AS SHOWN IN ANNUAL REPORTS Bakersfield Water Works. Beverly Hills Utilities Company. FILED WITH RAILROAD COMMISSION. (Dces not include construction work in progress.) Claremont Domestic Water Company. Compton Water and Lighting Company. Conservative Water Company.. Consolidated Water Company of Pomona. Corona City Water Company. Coronado Water Company. Cuyamaca Water Company. Cucamonga Water Company. East Bay Water Company. Electric Water Company, The. Fresno City Water Corporation. Hercules Water Company.. Hermosa Beach Water Corporation. Hollister Water Company. $36,633 50 24,466 11 371,857 79 5,422 12 44,774 10 5,007 90 4.585 67 65,819 09 16,831 50 63,007 40 12,653 66 15,290 31 21,676 31 55.070 15 765,878 01 20,238 25 514,341 35 59,421 72 14.254 15 14,413 19 15,787 22 |