List of securities authorized under section 69 of the Public Service Commission Law relative to electrical corporations and gas. corporations: Case 1037 1025 1031 1011 1067 1007 988 562 1011 1042 1022 1115 1126 1098 1134 1135 1136 1128 959 1036 1103 1153 963 1158 1138 1155 1157 960 1040 715 1192 142 1159 894 1154 1221 984 1224 1212 1265 1091 1208 757 1206 Date of Jan. 4.. Stock. Jan. Jan. 4.. Jan. 10.. 4.. Bonds.... • · Stock Jan. 19.. Jan. 19. Jan. 19.. Jan. 19.. Jan. 25. Feb. 7.. Feb. 14.. Feb. 15.. Feb. 15 Feb. 15.. Feb. 21.. Feb. 21.. Feb. 21.. Feb. 28.. Mar. 7.. Mar. 7.. Mar. 7.. Mar. 7.. Mar. 7. Mar. 7. Mar. 22.. Mar. 28.. Mar. 28.. Apr. 4.. Apr. 11.. Apr. 11.. Apr. 18.. Apr. 18.. Apr. 25.. Apr. 25.. May 3.. May 3.. May 3.. Northern New York Utilities, Inc... May 3. * Order of March 7, 1923, in Case 1042 changes sale price of these bonds to 89% and cancels authority to issue $47,300 face amount of them. 339,700 90 % 226,700 Par 699,000 Face 613,200 96% 52,225 Par 211,800 93% Case 1041 1095 1095 1103 1156 1190 933 1289 1038 1431 1196 1099 1199 1681 1682 1549 Name of corporation Adirondack Power & Light Corporation Dec. 13.. Dec. 13.. Niagara, Lockport & Ontario Fower Co. Name of corporation Dec. 19.. New York State Gas & Electric Corp. Southern Dutchess Gas & Electric Company. Troy Gas Company. Troy Gas Company • • Yates Electric Light & Power Company List of stock of no par value authorized under section 69 of the Public Service Commission Law relative to electrical corporations and gas corporations: New York State Gas & Electric Corporation.. Consolidated Gas Company of New York. Niagara, Lockport & Ontario Power Company Dec. 6.. Dec. 6.. 6,000 6,632 27,500 4,256 27,500 10,185 2,600 874 2,471 600,000 1,000 Minimum amount to be realized $15,000 2,500,000 823,600 300,000 165,800 550,000 106,400 550,000 14,750 139,375 2,871,750 407,400 65,000 87,400 123,550 30,000,000 1,000 Case 1451 5912 2579 8059 2682 6311 6146 1042 7603 894 987 6640 4558 2677 7287 1128 2559 6680 3276 2189 2595 2596 1208 591 1040 Authorizations Canceled Case Name of corporation 1110 North Creek Electric Company • • • • Troy Gas Company † Name of corporation New York Steam Corporation.. Apr. 11.. Western New York Utilities Co., Inc. Apr. 11.. Apr. 25.. June 13.. Bonds Aug. 14.. Stock. Sep. 20.. Bonds... Sep. 20.. Bonds.. Date of Jan. 10.. Jan. 25.. Feb. 28.. Nature of security Bonds. Jan. 25.. Feb. 15.. Stock. Feb. 15.. Stock. Feb. 15.. Stock Date of 1923 Nature of security .... *Now Northern Adirondack Power Company. †The Commission's order entered in Case 1095 under date of February 15, 1923 authorized the issuance, by the Troy Gas Co., of its common capital stock without nominal or par value in place of that shown above as canceled. Denotes old First District orders. List of securities authorized under section 82 of the Public Service Commission Law relative to steam corporations: Mini mum selling price 115,000 Face Face 18,900 8,000 256,900 473,600 80% 75% 95% 348,000 Par 106,800 Face 4,500 Par 176,200 339,700 230 1,500,000 Amount allowed Feb. 15.... Stock.. $1,500,000 Face 94% Face Par Par Par Par 80% Par 81% Par 90% 90% Par Face Minimum selling price Par 1 1 Authority granted company, in alternative of the above, to issue $975,000 of its bonds at $90 of face and $525,000 par value of stock, to realize total proceeds of $1,402,500. List of securities authorized under section 101 of the Public Service Commission Law relative to telephone corporations: NEW UNIFORM SYSTEMS OF ACCOUNTS During the year 1923 the Commission had under consideration the revision of the uniform systems of accounts for gas and electrical corporations and municipal plants subject to its jurisdiction, and on December 19, 1923, adopted new classifications of accounts for such corporations and plants. The former classifications had been in use with but few modifications and additions since their original adoption in 1908. They were obsolete in many respects and new systems, uniform throughout the State, were deemed essential to meet present requirements. After a very thorough study of the matter, it was decided to follow in the new classifications the general form and language of the uniform classifications adopted by the National Association of Railway and Utilities Commissioners at their annual meeting held in Detroit in November, 1922. These classifications had already been adopted in whole or in part in 20 of the other States and in order to secure uniformity in the accounting methods of gas and electrical utilities throughout the Nation, the National Association of Railway and Utilities Commissioners has recommended the adoption of their proposed classification in all of the States. |