Suppl 
 
CORNELL 
 
 UNIVERSITY 
 
 LIBRARY 
 
 BUSINESS 
 
UNIFORM 
 SYSTEM OF ACCOUNTS 
 
 FOR 
 
 ELECTRICAL CORPORATIONS 
 
 AS PRESCRIBED BY THE 
 
 PUBUC SERVICE COMMISSION 
 
 For the First District 
 
 State of New York 
 
 >-. 
 
 3 
 
 
 ■•■•;' o 
 
 
 
 
 
 
 ^. n< 
 
 
 
 
 
 
 .mi 
 
 s 
 
 B 
 
 
 tS) 
 
 o 
 
 '~ XJ 
 
 
 o 
 
 ,--, o 
 
 fS 
 
 1U> 
 
 c «r 
 
 3 
 
 H 
 
 ■'- u! 
 
 en 
 
 :5 
 
 1 t 
 
 1 
 
 1 
 
 , --3 ^^ 
 
 'i 
 
 1 
 
 
 
 ^ 
 
 
 
 i 
 
 THREE 
 
 MO 
 
 DI] 
 
 ( Case 577 ) 
 
 
 New York Oitt 
 Jan. i, 1914 
 
 Form No. 2460—1 M— D. '13 (S. A.) 
 
Cornell University 
 Library 
 
 The original of tiiis book is in 
 tine Cornell University Library. 
 
 There are no known copyright restrictions in 
 the United States on the use of the text. 
 
 http://www.archive.org/details/cu31 92401 8779359 
 
CONTENTS. 
 
 PAGE 
 Final Order, Case 577 1-61 
 
 First Modifying Order — Condensed Classification of 
 
 Operating Expense Accounts 62-65 
 
 Second Modifying Order 66 
 
 Third Modifying Order 67-68 
 
 I90 
 
STATE OF NEW YORK 
 
 mBLlC SERVICE COMMISSION 
 
 FOR THE FIRST DISTRICT 
 
 UNIFORM 
 SYSTEM OF ACCOUNTS 
 
 PRESCRIBED FOR 
 
 ELECTRICAL CORPORATIONS 
 
 154 Nassau Street 
 
 New York City 
 
 1908 
 
At a session of the Public Service Commission for the First 
 District, State of New York, held at its office, 154 Nassau 
 Street, in the City of New Yprk, on the 8th day of December, 
 1908. 
 
 PRESENT : 
 William R. Willcox, 
 William McCarroll, 
 Edward M. Bassett, > Commissioners. 
 MiLo R. Maltbie, 
 John E. Eustis, 
 
 The Public Service Commission for the First District, being 
 authorized by Section 66 of the Public Service Commissions Law, 
 to prescribe, whenever it deems advisable, uniform methods of 
 keeping accounts for electrical corporations subject to its juris- 
 diction, and it appearing advisable at this time to establish a uniform 
 system of accounts for all such electrical corporations, it is hereby 
 
 Ordered : That, except as hereinafter provided : 
 
 1. On and after January 1, 1909, every electrical corporation 
 shall keep upon its books the accounts prescribed or defined in the 
 hereto annexed schedules, marked "Schedule A" and "Schedule B," 
 so far as the said accounts are pertinent to the facts and circum- 
 stances of the said corporation. 
 
 2. No such electrical corporation shall hereafter charge to any 
 account representing cost of property any discount or comlnission 
 on securities issued by the said corporation, but shall charge all 
 such discounts, commissions, and other expense connected with the 
 issue of securities subsequent hereto, in accordance with the direc- 
 tions contained in the definitions of the account named Organiza- 
 tion, and the account named Unamortized Debt Discount and Ex- 
 pense, in the said "Schedule A." 
 
 3. During the year beginning January 1, 1909, any said corpo- 
 ration may for purposes of comparison with prior years keep on 
 its books any account pertaining to revenues, revenue deductions, 
 income deductions, and appropriations (as defined in the said 
 "Schedule B") which it had on its books during the year begun 
 January 1, 1908; provided that on or before January 1, 1909, there 
 be filed with the Public Service Commission a statement containing 
 a list of the said accovtnts pertaining to the year begun January 1, 
 1908, and definitions of such accounts. 
 
4 Public Service Commission — First District 
 
 4. For purposes of improving the efficiency of administration 
 and operation, any corporation may, unless or until otherwise 
 ordered, keep upon its books any temporary or experimental ac- 
 counts and any accounts covering particular divisions of its opera- 
 tions, provided that in respect of each such temporary, experi- 
 mental, or divisional account, the said corporation shall file with 
 the Public Service Commission, at least ten days in advance of 
 the time when the said account is to be instituted, a statement 
 showing the name of the said account, the date when it is to be 
 instituted, the purpose for which it is to be kept, the period of 
 time during which it is to be kept, and a clear and accurate defini- 
 tion of the classes of items and facts to be contained in the said 
 account; and in case of a divisional account, the definition of the 
 division covered. Upon compliance with the provisions of this 
 paragraph, any account prescribed or defined in either said "Sched- 
 ule A" or said "Schedule B" may be subdivided. 
 
SCHEDULE A. 
 
 BALANCE SHEET OR INDICANT ACCOUNTS. 
 
 1. Electrical Corporations and Electric Operations defined. — Section 2 
 
 of the Public Service Commissions Law defines electrical corporation as 
 follows : 
 
 { 2. * * * The term "electrical corporation" • • • Includes every corpora- 
 tion, company, association, joint stock association, partnership and person, their 
 lessees, trustees or receivers appointed by any court whatsoever (other than a rail- 
 road or street railroad corporation generating electricity for its own use exclu- 
 sively), owning, operating, managing or controlling any plant or property for 
 generating and distributing, or generating and selling for distribution, or distrib- 
 uting electricity for light, heat or power or for the transmission of electric 
 current for such purposes. 
 
 Electric operations, as the term is hereinafter used, include all acts and 
 transactions directly connected with the operation of a plant for the produc- 
 tion of electric energy, the transmission thereof and the supply thereof to 
 consumers for light, heat, or power, and all operations incident thereto, 
 including the collection of revenues therefor and the disposition of by- 
 products produced in connection therewith. 
 
 2. Accounts to be kept by double-entry method. — All accounts kept by 
 any corporation or person within the scope of the present order shall on and 
 after January 1, 1909, be kept by the double-entry method. ; . 
 
 Note. — This requirement Is not Intended to apply to purely statistical accounts. 
 
 CAPITAL ACCOUNTS. 
 
 3. Capital defined. — ^As the term is used herein, by capital of a corpora- 
 tion is meant all property devoted to the rendering of the services or the pro- 
 duction of the commodities which are within the purposes of the corporation. 
 
 4. Fixed Capital defined. — Capital which has an expectation of life in 
 service of more than one year (exception being made of hand and other small 
 portable tools liable to be lost or stolen*) is called fixed capital. 
 
 5. Floating Capital defined. — Capital other than fixed capital is called 
 floating capital. 
 
 6. General Capital and Departmental Capital defined. — Fixed capital is 
 divisible into general capital and departmental capital, general capital being 
 that which is indiscriminately available for the use of two or more classes 
 of operations, while departmental capital is that assigned solely or principally 
 to a single class of operations. 
 
 *Hand and other small portable tools liable to be lost or stolen shall, when first 
 acquired and before Issued for use, be carried in a suitable Materials and Supplies 
 account; when Issued they shall be charged to the appropriate expense account. 
 Portable tools and apparatus of special value may, however, be charged to the 
 appropriate tangible capital account, and remain therein so long as record is kept 
 of the persons to whom such tools and apparatus are issued and such persons are 
 made responsible therefor. 
 
 [3] 
 
6 Public Service Commission — First District 
 
 7. Landed Capital and Non-landed Capital defined. — Fixed capital is 
 also divisible into landed capital and non-landed capital. Landed capital in- 
 cludes all interests in land (exclusive of improvements thereon) the term of 
 which is more than one year. All other fixed capital is herein called non- 
 landed capital. 
 
 8. Intangible and Tangible Capital distingniished. — Non-landed capital 
 is divisible into intangible and tangible. Intangible capital comprises organi- 
 zation, franchises, patent-rights, and' all other intangible property within the 
 definition of fixed non-landed capital as above stated. Tangible capital com- 
 prises structures and equipment having an expectation of life in service of 
 more than one year. Because of their liability to loss or theft, hand and other 
 small portable tools are excepted from tangible capital, and the cost of such 
 tools when issued is required to be treated as a part of the operating ex- 
 penses.* 
 
 9. Further Classification of Capital. — Capital is also divisible into orig- 
 inal capital, additions, betterments, and renewals and replacements, as defined 
 below. Charges to capital accounts shall show these divisions as set forth 
 in paragraph 21, infra. 
 
 10. Original Capital defined. — Original Capital is that put into service at 
 the outset of an enterprise. 
 
 11. Additions defined. — Additions include additional structures, facili- 
 ties, or equipment not taking the place of anything previously existing. 
 
 12. Betterments deBxiedj— Betterments include the eplar^ement or im- 
 provement of existing structures, facilities, and equipment. 
 
 13. Renewals defined. — Renewals include all extensions of terms of 
 years in land and tangible fixed capital, and all extensions of the life period 
 of franchises and other intangible fixed capital. , 
 
 14. Replacements dcfaied^-Replacements include all substitutions for 
 capital exhausted or become inadequate in service, the substitutes having sub- 
 stantially no greater capacity than the things for which they were substituted. 
 When a substitute has a substa.ntially greater capacity than that • for which 
 it is substituted, the cost of substitution of one of the same capacity as the 
 thing replaced should be charged as a replacement, and the remaining portion 
 of the cost of the actual substitute should be charged as a betterment. 
 
 15. Repairs defined. — When through wear and tear or through casualty 
 it becomes, necessary to replace some part of any structure, facility, or unit 
 of equipment, and the extent of such replacement does not amount to a sub- 
 stantial change of identity in such structure, facility, or unit of equipment, 
 the replacement of such part is to be considered a repair, and the cost of 
 such repair is to be treated as an operating expense and must not be charged 
 as a replacement in any capital account. ' 
 
 •Hand and other small portable tools Uable to be lost or stolen shall when first 
 acquired and before Issued for use, be carried In a suitable Materials and Supplies 
 account; when Issued they shall be charged to the appropriate expense account 
 Portable tools and apparatus of special value may, however, be charged to the 
 appropriate tangible capital account, and remain therein so long as record is kept 
 of the persons to whom such tools and apparatus are Issued and such persons are 
 made responsible therefor. 
 
Uniform Accounts— Electrical Corporations 7 
 
 ' 16. First entries must enable identification^— Throughout all capital ac- 
 counts, the first entry in respect of any particular thing shall describe it 
 with such particularity as to enable its identification, and shall give it a 
 distinguishing name, number, or other designation by which it shall there- 
 after be designated in every entry in any capital account which in any way 
 concerns it. In the case of continiioUS structures like railroad track, or 
 electric line, or pipe line, such structures shall be itemized to the extent that 
 no item shall contain more than one operating division or more than one 
 type of construction, and the entry in relation to any item shall describe the 
 size, weight, type, and other principal physical characteristics of the chief 
 constituent parts, together with their spacing if discontinuous. 
 
 17. Costs of new capital to be actual money costs. — All charges made to 
 capital or other accounts on or after January 1, 1909, shall be the actual 
 money cost of the things in respect of which they are made. When the con- 
 sideration actually given for the thitig in respect of which a charge to a 
 capital account is made is anything other than money, the actual considera- 
 tion shall be described in the entry with sufficient fullness and particularity 
 to identify it, and the amount charged shall be the actual money value of 
 such consideration at the time of the transaction. 
 
 18. Discounts upon securities not to be charged to capital accounts.— 
 Discounts upon securities and other commercial paper issued in payment for 
 capital are to be provided for in other accounts and must in no case be 
 charged to the capital accounts. 
 
 19. Costs of labor, materials, and supplies. — Cost of labor (employed 
 in construction) includes not only wages, salaries, and fees paid employees, 
 but also such personal expenses of employees as are borne by the corpora- 
 tion. Cost of material and supplies consumed in construction is the cost at 
 the places where they enter into construction, incliidirig cost of transportation 
 and inspection when specifically assignable. If such materials and supplies 
 are passed through storehouses, their cost entered in the account may include 
 a suitable proportion of store expense. 
 
 20. Withdrawals or retirements. — When anything is withdrawn or re- 
 tired from service, the amount at which such thing stood charged in the capi- 
 tal account shall be credited to the capital account in which it stood charged 
 at the time of Withdrawal, and the entry of such credit shall cite by name 
 and page of book or other record the original entry of cost of the thing with- 
 drawn. If there is no such original entry, that fact shall be stated in con- 
 nection with the credit entry, and the actual amount originally charged shall 
 be credited. If such amount is not known, it shall be estimated, the facts 
 upon which the estimate is based shall be shown, and the amount thus esti- 
 mated to be the original charge in respect of such thing withdrawn shall be 
 credited. 
 
 21. Particulars required to be shown in entries. — Every charge made 
 to a capital account on or after January 1, 1909, shall show whether the thing 
 in respect of which the charge is made is original capital, or an addition, a 
 betterment, a renewal, or a replacement. If the thing is a betterment, the 
 entry shall designate the thing enlarged or improved and shall cite by name 
 and page of book or other record the original entry of cost of such thing 
 enlarged or improved. If the thing to which any charge hereafter made re- 
 
8 Public Service Commission — First District 
 
 lates is a renewal or a replacement, the entry made in respect thereof shall 
 designate the thing renewed or replaced and shall cite by name and page 
 of book or other record the original entry or entries of cost of such thing 
 renewed or replaced. If there is no entry in the accounts of the corporation 
 showing the cost (to the corporation) of the thing bettered, renewed, or re- 
 placed, that fact shall be stated in the entry describing the betterment, 
 renewal, or replacement, and the original cost of such thing to the corpora- 
 tion shall be stated. Such cost shall be estimated if not known, and when 
 estimated the basis of such estimation shall be shown. 
 
 22. Betterments involving partial destruction of thing bettered. — If any 
 
 betterment involves the partial destruction or partial reconstruction of the 
 thing bettered, only such portion of the cost of the change shall be charged 
 as a betterment as will when added to the original cost (estimated if not 
 known) of the thing bettered give the cost of reconstruction or replacement 
 of the thing as bettered, and the remainder of the cost of the change (account 
 being taken of any salvage) shall be charged to the appropriate repair 
 account. 
 
 E. g., a building, original cost unknown but estimated to be ?15,000, is bettered 
 by the construction of an elevator shaft, and Its stairways are modified so as to be 
 fireproof ;' the actual expenditure for these changes is $3,000; the estimated cost 
 of replacement of the building (as modified) with one equally serviceable and 
 with an equal expectation of life is If 16,000 ; the charge to capital account as a 
 betterment should be ?1,000, and the remainder ($2,000) of the expenditure should 
 be charged to the appropriate repairs account. 
 
 23. Plant and equipment and other capital purchased. — When any fixed 
 capital in the form of a going or completed plant is purchased, an appraisal 
 of such capital so acquired shall be made, and the different constituent ele- 
 ments of the plant (and equipment, if any) or other capital acquired shall 
 be appraised at their structural value; that is to say, at the estimated cost 
 of replacement or reproduction less deterioration to the then existing condi- 
 tion through wear and tear, obsolescence, and inadequacy. If the actual 
 money value of the consideration given for the plant or other capital was 
 at the time of the acquisition in excess of such appraised value, the excess 
 shall be charged to the account "Other Intangible Electric Capital," and the 
 appraised values of the constituent elements shall be charged to the appro- 
 priate accounts as designated in the following definitions of accounts for fixed 
 capital. If the actual money value of the consideration given was not in 
 excess of such appraised value, such actual money value shall be distributed 
 through the said accounts in proportion to the said appraised value of the 
 constituent elements appropriate to the respective accounts. Full report 
 of the contract of acquisition, the consideration given therefor, the deter- 
 mination of the actual money value of such consideration, the appraisal, and 
 the amounts charged to the respective accounts for each plant or other such 
 fixed capital purchased, will be required to be made to the Public Service 
 Commission, and the purchaser will be required to procure in connection with 
 the acquisition of any such plant or other fixed capital all existing records, 
 memoranda, and accounts in the possession or control of the grantor relating 
 to the construction and improvement of such plant, and to preserve such 
 records, memoranda, and accounts until authorized by law to destroy or 
 otherwise dispose of them. 
 
Uniform Accounts — Electrical CoRPOitATioNS 9 
 
 24. Definitions of Fixed Capital accounts. — In the following definitions 
 of accounts the letters and numbers prefixed to the titles are inserted solely 
 for convenience of reference and are no part of the titles or of the definitions : 
 
 ElOO. Fixed Capital, December 31, 1908. 
 
 Charge to this account all the Fixed Capital of the accounting person or 
 corporation devoted to electric operations as such capital stood at the close 
 of December 31, 1908. Such charges shall be made at the figures at which 
 such capital was carried on the books of the said person or corporation on 
 that date. When any capital included in such account is retired from service, 
 the amount at which it is charged therein shall be credited to this account; 
 the amount of depreciation or other amortization thereon applicable to the 
 period subsequent to December 31, 1908, shall be charged to account No. 374, 
 "Accrued Amortization of Capital," proper account shall be taken of any 
 salvage, and the remainder of the amount originally charged to capital shall 
 be concurrently charged to the Corporate Surplus or Deficit account (or 
 equivalent account carried on the books on December 31, 1908), unless there 
 was carried on the books at that date a reserve to cover retirement of capital 
 from service, in which case the said concurrent charge shall be made to 
 such retirement reserve account. If the amount at which the said capital 
 in service on December 31, 1908, and subsequently retired from service, was 
 included in the said account is not disclosed on the books and records of 
 the accounting person or corporation and is not within the knowledge of 
 such person or corporation or officers or other employees thereof,, it shall be 
 estimated, and such estimated amount shall be treated as is above directed for 
 the actual amount, the fact of estimation being stated in the entry. 
 
 Note. — Corporations will be required to carry as sub-accounts of the account 
 "Fixed Capital, December 31, 1908," the several accounts on their books on that 
 date which are combined to make up the said account, and to furnish Information 
 oonoemlng such Sub-accounts In their annual reports. 
 
 The following capital accounts are prescribed for transactions subsequent 
 to December 31, 1908: 
 
 El 10. Land Devoted to Electric Operations. 
 
 Charge to this account the cost of the accounting corporation's landed 
 capital which is devoted to electric operations as hereinbefore defined. This 
 includes land occupied by generating stations and their appurtenances, rights 
 of way for transmission and distribution lines and other electric operations ; 
 also those for canal and pipe lines, water rights, and rights of pondage, flow- 
 age, and submersion, where such rights have lives in excess of one year from 
 the date when such land is placed in service. Suqh cost includes, when 
 assumed or paid by the purchaser in its own behalf, cost of registration of 
 title, cost of examination of title, conveyancer's and notary's fees, purchasing 
 agent's commissions or fees, or proportion of purchasing agent's salary, taxes 
 accrued to date of transfer of title, and all liens upon the title acquired ; 
 also costs of obtaining consents and payments for abutting damages. 
 
 Note A. — <?ost of buildings and other Improvements must not be Included In 
 this account. 
 
 Note B. — If at the time of acquisition of an Interest In lands It extends to 
 buildings or other Improvements thereon, which improvements are devoted by the 
 corporation to its electric operations, and the contract of acquisition does not 
 determine the price of such Imijrovements, they shall be appraised at their fair 
 cash value for use In such operations, and. such appraised value shall be charged 
 
10 Public Sekvice Commission — First District 
 
 to the appropriate structures account, and excluded, froin Oie account "Da^id De- 
 voted to Electric Operations". If such Improvenients are not devoted to electric 
 operations but are devoted to other operations or held as investments, the cost 
 (or appraised value If the cost Is not determined in the contract of acquisition) 
 shall be charged to the appropriate Investment account or capital account for other 
 operations. If the improvements are reinoved or wrecked, the salvage (less the 
 cost of removal or wreckage) shall be excluded from the account "Land Devoted 
 to Electric Operations". The entries in this account must be made in such wise as 
 to enable the corporation to show in its annual report to the Public Service Cora- , 
 mission the subdivision of the cost of Its land demoted to electric operations into 
 the following: 
 
 Land Occupied by Generating^ Statlonsl. 
 
 Land Occupied by Outside Sub-stations. 
 
 Water Bights. 
 
 Other Land Devoted to Electric Operations. 
 
 101. Organization. 
 Charge to this account. all fees paid to governments for the privilege of 
 incorporation, and all office and other expenditure incident to organizing the 
 corporation or other' enterprise and putting it in readiness to do business. 
 This includes cost of preparing and distributing prospectuses, cost of solicit- 
 ing subscriptions for stock (but not for loans nor for the purchase of bonds 
 or other evidence of indebtedness), cash fees paid to promoters, and the actual 
 cash value at the time of organization of securities paid to protnoters for theii" 
 services in organizing the enterprise, counsel fees, cost of preparing and issu- 
 ing certificates of stock, and cost of procuring certificatfes of necessity from 
 state authorities, and other like costs. Like costs incident to preparing and 
 filing certificates of authorization of increase of capital stock, and to the 
 negotiation and issue of kock thereunder, shall be classed as additions. Cost 
 of preparing and filing certificates of amendment of articles of incorporation 
 shall be classed as. a betterment. Cost of preparing and filing papers in con- 
 nection with tbe extension of the term .of incorporation or with . reincorpora:: 
 tion consequent upon reorganization shall be classed as a renewal. This, ac- 
 count shall not include any discounts upon stocks or other securities issued, 
 nor shall it include any costs incident to negotiating loans or selling bonds or 
 other evidence of indebtedness. ^ ■ 
 
 ' 1 E102. Franchises (Electric). 
 
 To this account shall be charged "the amount (exclusive of any tax. or an- 
 nual charge) actually paid to the State or to a political subdivision thereof 
 as the consideration for the grant of such franchise or right" (section 69 
 of the Public Service Commissions Law) as is necessary to the conduct of 
 the corporation's electric operations. If any such franchise is acquired 
 by mesne assignment, the charge to this account in respect thereof must not 
 exceed the amount actually paid therefor by the corporation to its assignor, 
 nor shall it exceed the amount specified in the statute above quoted. Any 
 excess of th? amount actually paid by the corporation over the amount speci- 
 fied in the statute shjiU be charged to the account "Other Intangible Electric 
 Capital". If any such franchise has a life of not more than one year after 
 the date when it is placed in service, it sha!ll not be charged to this account 
 but to the appropriate accounts in "Operating Expenses," and jn "Prepay- 
 ments" if extending beyond the fiscal year. 
 
 Payments made to the State or to some subdivision thereof as a considera- 
 tion for granting an extension for more than one year of the life period of a 
 franchise shall be classed as renewals. Those made as a consideration for 
 
Uniform Accounts — Electrical Corporations 1 1 
 
 franchises or extensions thereof covering additional territory to be operated 
 as a part of an existing system shall: be classed as betterments. If the fran- 
 chises cover separate and distinct new enterprises, the payments therefor shall 
 be classed as original. 
 
 Note.— Annual' or more frequent payments to respect of franchises must not ^ 
 charged to this account but to the appropriate tax or operating expense account 
 
 E103. Patent-rights (Electric). 
 Charge to this account the cost of all rights (having a life of more than 
 one year from the date when placed in service) acquired by the corporation 
 in or under valid patents granted by the United States to inventors for, in- 
 ventions and discoveries which are necessary to the economical conduct of the 
 corporation's electric operations. If any such right is extended to cover a 
 further period of tinie than that covered by the original grant, the cost of 
 such extension shall be classed as a renewal. A patent-right acguired for use 
 in, an existing system and necessary to the economical operation thereof shall 
 be classed as an addition. 
 
 E104. Other Intangible Electric Capital. 
 Charge to this account the cost of all other property coming within the 
 definition of intangible capital and devoted to electric operations. All entries 
 of charges to this account shall describe the acquired property with sufficient 
 particularity clearly to identify it, and shall also show specifically the princi- 
 pal from whom acquired and all agents representing such principal in the 
 transaction ; also the terra of life of su<;h property, estimated if not known, 
 and, if estimated, the facts upon which the estimate is based. 
 
 E121. General Structures. 
 
 Charge to this account the cost of all buildings and other structures of a 
 permaneiit character devoted to general corporate purposes, not restricted 
 to electric operations and not includible in any of the departmental accounts ; 
 also of all fixtures permanently attached thereto and made a part thereof, 
 such as water pipes and fixtures, steam pipes and fixtures for warming and 
 ventilating, gas pipes and fixtures for lighting, etc., electric wiring and fix- 
 tures for lighting, signaling, etc. ; elevatfors, etc., and the engines and motors 
 specially provided for operating them ; furnaces, boilers, etc., specially pro- 
 vided for producing steam for such engines and for heating, electric gen- 
 erators specially provided for producing current for lighting such buildings, 
 etc. This account includes Such piers and other foundations for machinery 
 and apparatus as are designed to be as permanent as the buildings in (or in 
 connection with) which they are constructed, and to outlast the first ma- 
 chinery or apparatus mounted thereon. 
 
 Note A. — Among such- buildings may be mentioned general office buildings, 
 general shop buildings, general storehouses, general stable buildings, etc. Where 
 general offices, shops, storehouses, stables, etc., are In buildings includible in a 
 departmental account, as e. g., in a power station building, no part of the cost of 
 such building shall be charged to this account. This account is provided for 
 structures of a general or miscellaneous character not assignable to any partic- 
 ular department. 
 
 Note B. — ^When furnaces and boilers are used primarily for furnishing steam 
 for some particular department and only incidentally for furnishing steam for 
 heating a general building and operating the equipment therein, the entire cost of 
 Such; furnaces and boilers shall be charged to the appropriate departmental capital 
 account, and no part to the account "General Structures". 
 
12 Public Service Commission — First District 
 
 E122. General Equipment. 
 Charge to this account the cost of all equipment of general structures, as 
 provided under the following heads : 
 
 a. General Office Equipment: This includes the cost of all equipment of 
 general offices, such as desks, chairs, tables, movable safes, filing cases, draft- 
 ing room equipment, and other like office appliances and equipment; also 
 engineering instruments. 
 
 b. General Shop Equipment: This includes the cost of all equipment 
 specially provided for general shops, such as furnaces, boilers, gas producers, 
 engines, electric generators, and other power apparatus used in operating 
 machinery in such shops; machine tools, cranes, hoists, shafting, belts, and 
 the like shop equipment; also such smithing equipment in general shops as 
 is used principally for other general purposes than shoeing horses and re- 
 pairing vehicles. 
 
 NoTK — Hand and other small portable tools liable to be lost or stolen shall not 
 be included herein, but portable tools and apparatus of special value may be 
 charged to this account and remain herein so long as record Is kept of the persons 
 to whom such tools and apparatus are issued and such persons are made respon- 
 sible therefor. 
 
 c. General Store Equipment: This includes the cost of all equipment of 
 general store structures, such as movable counters, movable shelving and 
 other movable equipment of like nature, carts, barrows, trucks, etc., and other 
 apparatus and appliances used in handling materials and supplies. 
 
 Note. — Counters, shelving and the like which are permanently attached to the 
 structure shall be charged to account No. £1121, "General Structures," and not to 
 this account. 
 
 d. General Stable Equipment: This includes the cost of all equipment of 
 general stables, including horses, harness, drays, wagons, automobiles and 
 other vehicles, equipment of shoeing shops, harness repair shops, vehicle re- 
 pair shops, etc. 
 
 E131. Dams, Canals, and Pipe Lines. 
 Charge to this account the cost of all dams, canals, aqueducts, and pipe 
 lines devoted to the utilization of water power and the delivery of the water 
 to the headgate of the turbine or water-wheel; also that of all wasteways 
 from the outlet of the draft-tube to the point of final discharge. This in- 
 cludes all gates, valves, and other accessories of such dams ; also wasteways, 
 sluices, forebays, grids, walls, fences, etc., for the protection of such canals 
 and pipe lines, and all trestles and other supporting structures; also all 
 viaducts, bridges, foot-bridges, etc., over and accessory to or necessitated by 
 such canals, aqueducts, and pipe lines. 
 
 E132. Power Plant Buildings. 
 
 Charge to this account the cost of material used and labor expended in 
 erecting buildings to be used for housing power generating plants. This ac- 
 count includes cost of excavations, permanent foundations, drainage, gas and 
 water pipes and connections, grading grounds, and furniture and fixtures 
 when permanently attached to and made a part of the building; also the 
 cost of architects' plans, and of superintendence of construction. 
 
 Note. — The cost of specially provided foundations, not expected to outlast the 
 machinery or apparatus mounted thereon, should be charged to the same account 
 fts is the cost of the machinery or apparatus for which they are provided. 
 
Uniform Accounts — Electrical Corporations 13 
 
 E141a. Furnaces, Boilers, and Accessories. 
 Charge to this account the cost of all furnaces, boilers, and boiler apparatus 
 and accessories devoted to the production of steam for use in generating 
 electric energy. This includes boilers and valves thereto attached, appurtenant 
 furnaces and grates, and flues leading to smokestacks and chimneys, and the 
 specially provided foundations and settings of such boilers and appurtenances ; 
 alsQ iron smokestacks. It also includes mechanical stokers and other like 
 apparatus for regulating the supply of fuel, etc., feed and hot water heaters 
 and economizers, injectors, filters, feed pumps, blower engines, coal conveyors, 
 ash conveyors, water pipes, steam traps, drains, and separators, and pipes for 
 conducting steam from the boiler to the engine or to the gas producers, ex- 
 haust pipes, etc. It does not include steam pipes whose primary purpose is 
 the heating of buildings. 
 
 E141b. Steam Engines. 
 Charge to this account the cost of all steam engines devoted to the produc- 
 tion of electric energy. This includes the specially provided foundations and 
 settings of such engines. The engine, whether' recipi'ocating or rotary (such 
 as steam turbines), shall be considered to include the throttle or inlet valve 
 and the governor ; also condensers, air and ci-rculating pumps, lubricating 
 systems, etc., but not the steam pipe leading from the boiler, nor the exhaust 
 pipe. Where the electric rotor is mounted on the engine shaft, the shaft shall 
 be considered a part of the steam engine and the electric rotor thereon shall 
 be considered a part of the electric equipment. 
 
 .E142. Turbines and Water-wheels. 
 Charge to this account the cost of all turbines and water-wheels devoted to 
 the conversion of water power into mechanical power for the production of 
 electric energy. This includes the specially provided foundations and settings 
 of such engines, also their governors and all other appurtenant apparatus 
 attached thereto from and inclusive of the headgates and governors to (but 
 exclusive of) the wasteway. Where the electric rotor is mounted on (not 
 merely coupled to) the shaft of the hydraulic engine, the shaft shall be 
 considered a part of the hydraulic engine and the electric rotor thereon shall 
 be considered a part of the electric equipment, 
 
 E143a. Gas Producers and Accessories. 
 Charge to this account the cost of producers and accessories devoted to the 
 production of gas for the purpose of operating electric generators, including 
 the cost of specially provided foundations and settings for such producers 
 and accessories. This account includes producers, economizers, regenerators, 
 vaporizers, steam injectors, scrubbers,, exhauster outfits, seals, specially pro- 
 vided boilers and pumps, flues and piping, blower engines, pipes for the con- 
 duction of gas from such producers to holders and to gas engines, holders 
 for producer gas, exhaust pipes from gas engines, etc. It does not include 
 pipes whose primary purpose is the warming of buildings; nor does it in- 
 clude power transmission apparatus, or water pipes, steam pipes, water pumps, 
 or inspirators. 
 
 E143b. Gas Engines. 
 
 Charge to this account the cost of all gas engines devoted to the produc- 
 tion of electric energy, including the specially provided foundations and set- 
 tings of such engines. The engine includes the inlet valve, governor, and 
 ignition and starting apparatus, but not the pipe leading from the gas holder, 
 
14 Public Service Commission — First District 
 
 nor the exhaust pipe. Where the electric rotor is mounted on the engine 
 shaft, the shaft shall be considered a part of the engine and the electric rotor 
 thereon shall be considered a part of the electric equipment. 
 E144a. Electmc Generators. 
 
 Charge to this account the cost of all electric generating apparatus driven 
 by engines operated by steam, water, or gas ; and rotaries and motor generat- 
 ing sets, exciters, etc., when hot installed in connection with transmission sys- 
 tems. This includes the specially provided foundations and settings of such 
 apparatus. Where the electric rotor of such apparatus is mounted on the 
 shaft of the steam, hydraulic, or gas engine, the rotor is to be included 
 herein, but not the shaft. Belts, countershafts, and other like intermediaries 
 between such engines and the generators are also to be excluded herefrom. 
 
 NoTB. — Resardins transmission and distribution, see the note to account No. 
 E163, "Transmission System". (See page IB.) 
 
 E144b, Accessory Electoic Power Equipment. 
 
 Charge to this account the cost of all electric equipment of generating 
 stations not includible in the last foregoing a'ccount. This account includes 
 bus-bars, regulators, station switchboards and equipment, such as circuit- 
 breakers, switches, ammeters, voltmeters, wattmeters, and the like, and th^ir 
 foundations and settings; alsp headgate motors, pump motors, air compressor 
 motors, etc., and special high-tension transmission equipment at power sta- 
 tions, such as high-tension bus-bars, high-tension switchboards, high-tension 
 switches, high-tension current transformers, high-tension lightning arresters, 
 high-tension potential transformers, high-tension reactive coils, high-tension 
 choke coils, high-tension grounding devices and resistances, high-tension 
 raising and lowering transformers, etc. 
 
 E14S. Miscellaneous Power Plant Equipment. 
 
 Charge to this account the cost of all miscellaneous equipment at power 
 plants which is not includible in any of the foregoing accounts. This includes 
 such mechanical apparatus as belts, pulleys, hangers, countershafts, and other 
 apparatus intermediary between the prime mover and the electric generator, 
 cranes, hoists, etc., and machine tools and such other tools at power plants 
 as are proper to be capitalized, etc. 
 
 NoTB. — ^Thls account should not include any sub-station equipment. 
 
 ElSl. Sub-station Buildings. 
 
 Charge to this account the cost of material used and labor expended in 
 erecting buildings to be used for power sub-station purposes, including ex- 
 cavations, permanent foundations, drainage, gas and water pipes and con- 
 nections, grading grounds, and furniture and fixtures when permanently at- 
 tached to and made a part of the building ; also the cost of architects' plans, 
 and of superintendence of construction. 
 
 Note. — ^No charge should be made to this account in respect of a power plant 
 building, even though such bull<31ng also contains sul)-station apparatus. 
 
 E1S2. Sub-station EguiPMENT. 
 Charge to this account the cost of all equipment of sub-stations. Such 
 equipment includes not only electric machinery and apparatus, including 
 storage batteries, in sub-stations, but also all other furniture and equipment, 
 such as furnaces, boilers, stoves, elevators, etc., permanently assigned to such 
 stations but not affixed to the structures thereof. It does not include labora- 
 tory instruments and apparatus not permanently assigned thereto, nor does 
 it include tools only temporarily assi^ed to such stations. 
 
Uniform Accounts — Electrical Corpoeations 15 
 
 E161. Poles and Fixtuhbs. 
 
 Charge to this, account the cost of towers, structures, poles, cross-arms, and 
 insulator pins; braces, brackets, and pther pole fixtures; guys apd other sup- 
 ports for holding the towers, structures, and poles in position; and all labor 
 expended in connection with the construction of pole lines or structures for 
 carrying the transmission and distribution systems. 
 
 E162. Underground Conduits. 
 
 Charge to this account the cost of conduits required for underground wires 
 and cables, including manholes, ducts and pipes, sewer connections, sewer 
 traps, and all material necessary for the completion of the undergi-ound con- 
 duit system devoted to the protection of the transthission and distribution 
 systems. 
 
 £163. Transmission System. 
 
 Charge to this account the cost of the transmission system, including cables, 
 wires, insulators, arid insulating material. 
 
 Note. — ^When the electric Current generated (or rfeoelved from another corpo- 
 ration) Is conducted, either at the voltage of generation (or receipt) or at a 
 higher vpltage, to a point where it Is (a) lowered In voltage by means of step- 
 dOwn transformers, or changed as to kind or frequency by means of (b) motor 
 generator sets, (o) rotary converters, or (d) frequency changers, that portion of 
 the outside line or conductor system antecedent to the said atepdown transformers, 
 motor generator sets, rotary converters, or frequency changers, shall be classed as 
 the Transmission System ; except, however, that primary wiring in lighting sys- 
 tems at not to exceed 4,400 volts, 4-wlre, 3-phase, shall be classed as a part of 
 the Distribution System. Tie-lines between genSratfhg stations and sub-stations 
 shall follow the same rule. Line transformers are H6t Included among the "step- 
 down transformers" above mentioned. 
 
 E164. Distribution SyStEm. 
 
 Charge to this account the cost of all distribution maiii conductors and 
 feeders, including the cost (in place) of all cables, wires, insulators, and 
 insulating material. 
 
 This account shall be subdivided so as to show separately the following: 
 
 a. Overhead Distribution System; 
 
 b. Edison Tube System, including the cost in place of all the Edison tube 
 system material, sijch as junction boxes, tubing material and conductors, 
 coupling boxes, etc.; 
 
 c. Other Underground Distribution System. . 
 
 Note A,— The amounts charged to the subdivisions above stated will be required 
 to be Separately reported in the annual reports Of the cCrporatlon to the Public 
 Service Commission. 
 
 Note B. — For the distinction between the transmission system and the distribu- 
 tion system, see the note to account No. E1163, "Transmission System". 
 
 E16S. Line Transformers and Devices; 
 
 Charge to this account the cost of all line transformers (both' overhead and 
 underground), pole line lightning arresters, transformer cut-GjUt, tjGjxes, line 
 cut-out switches, etc., in the distribution system, 
 
 Note. — Upon filing with the tublio Service Commission a notice thereof, the 
 accounting corporation may also incluffe in this account the cost of line trans- 
 formers and devices temporarily withdrawn from service. 
 
 E166. Electric Services. 
 
 Charge to this account the cost of all conductors (and appurtenant insula- 
 tion, ducts, and supports) connecting the distribution mains with electric ap- 
 paratus and appliances in the possession of consumers. 
 
 Note. — Cost pf renewing or modifying services shall not be charged to this 
 account. 
 
16 Public Service Commission — First District 
 
 E167a.' Electric Meters. 
 ' Charge to this account the cost of meters used in determining the amount 
 of electl-ic energy delivered to the several consumers td whom it is supplied. 
 
 NoTH A. Cost of setting, removing, or re-setting such meters shall not be 
 
 charged to this account. 
 
 Note B. — ^Upon filing with the Public Service Commission a notic,e thereof, 
 the accounting corporation may also Include In this account the cost of con- 
 sumers' meters temporarily withdrawn from service. 
 
 E167b. Electric Meter Installation. 
 
 Charge to this account the cost of the first setting of meters for determin- 
 ing the amount of electric energy delivered upon the premises of consumers, 
 in case it is the policy of the corporation to capitalize the cost of such setting. 
 
 NOTB A. — Cost of removing such meters and of Betting other meters substituted 
 for them shall not be charged to this account but to account No. B533, "Setting 
 and Removing Meters and Transformers". (See page 41.) 
 
 Note B. — This account must not Include at any time the cost of Installation of 
 a greater number of consumers' meters than are actually In service. 
 E171. Municipal Street Lighting System (Electric). 
 
 Charge to this account the cost (in place) of all property of the company 
 in poles, cross-arms, pins, braces, insulators, etc., arc circuits, lamps, and out- 
 fits and suspensions specially provided for the municipal street lighting sys- 
 tem. Such cost includes cost of nlaterial, transportation, setting poleS, etc., 
 and restoring the surface of the street to the condition required by the 
 municipality., This account does not include any part of the general distri- 
 bution system, but only things in the utilization plant beyond the service and 
 devoted to the municipal serviqp. 
 
 Note A. — Where the municipality requires for Its special benefit the extension 
 of mains and services for street lighting, such extensions, may, so long as used 
 solely for street lighting, be- charged to this account, provided a full description of 
 the extensions so charged and the amounts charged in respect thereof be filed with 
 the Public Service Commission on or before the date when the entry thereof Is 
 made upon the books of the corporation. 
 
 Note B.— If the corporation uses in its street lighting system the same type 
 of ^ro lamps that ^t uses In its pommerclal lighting system, and uses them inter- 
 changeably, it will be permitted, upon filing with the Public Service Commission 
 a notice thereof, to charge the cost of all arc lamps in its street lighting system 
 to account No. B172, "Commercial Arc Lamps". 
 
 E172. Commercial' 'Arc Lamps. 
 
 Charge to this account the cost of all property of the company in commer- 
 cial arc lamps supplied to consumers (including municipal buildings) where 
 sueh lamps have an expectatlcy of life in service of more than one year. 
 
 Note A. — ^Meters supplied to consumers are provided for in a foregoing account 
 and should not be included herein. ' 
 
 Note B.-;-TIpon filing lyltji the Public Service Con^misslon a notice thereof, the 
 accounting corporation may also include In this account the cost of arc lamps 
 temporarily wl-thdrawn from servloe. , . 
 
 E173. CrLowj;? Lamps. 
 
 Charge to this account the cost of all property of the company in electric 
 glower lamps supplied to consumers (including municipal buildings) where 
 such lamps have an expectancy of life in service of more than one year. 
 
 Note A. — Meters supplied to consumers are provided for in a foregoing account 
 a^d should not be included herein. 
 
 i^OTB B. — ^Thla account Is restricted to long-life incandescent, or grower lamps 
 such as the Nemst, and does not Include the ordinary carbon filament Inisan- 
 descent lamps. Short-life Incandescent lamps (i. e., those liavlng an expectancy 
 
Uniform Accounts — Electrical Corporations 17 
 
 of life of not more than one year) shall be charged to the appropriate operating 
 expense account when Issued for use, and prior to that time they shall be carried 
 In tlie appropriate "Materials and Supplies" account. 
 
 Note C. — ^Upon filing with the Public Service Commission a notice thereof, the 
 accounting Corporation may also Include In this account the cost of long-life 
 incandescent lamps temporarilv withdrawn from service. 
 
 E174. Electric Motors and Heaters. 
 
 Charge to this account the cost of all property of the company in electric 
 motors and heaters leased to consumers (including municipalities), and of all 
 appurtenances thereof, such as fans, etc. 
 
 Note. — ^Upon filing with the Public Service Commission a notice thereof, the 
 accounting corporation may also Include in this account the cost of electric motors 
 and heaters temporarily withdrawn from service. 
 
 E17S. Electric Tools and Implements. 
 
 Charge to this account the cost of all tools and implements coming within 
 the scope of the definition (see note page S) of electric fixed capital and 
 not covered by any of the foregoing equipment accounts. 
 E176. Electric Laboratory Equipment. 
 
 Charge to this account the cost of all testing apparatus and laboratory 
 equipment not elsewhere provided for. 
 
 Note. — This account Includes all electric testing apparatus and equipment In 
 laboratories. It does not Include such Instruments as are permanently assigned 
 to generating stations, sub-stations, and the like, such as station ammeters, volt- 
 meters, and wattmeters, etc. 
 
 E177. Other Tangible Electric Capital. 
 
 Charge to this account the cost of all tangible electric capital not else- 
 where provided for. 
 
 E281. Engineering and Superintendence. 
 
 Charge to this account all expenditures for services of engineers, drafts- 
 men, and superintendents employed on preliminary and construction work, 
 and all expenses incident to the work, when such disbursements can not be 
 assigned to specific construction. 
 
 Note. — ^When employees enumerated above are engaged In Work not chargeable 
 to construction, their pay and expenses -shall be charged to the specific work on 
 which engaged. 
 
 E282. Law Expenditures During Construction. 
 
 Charge to this account general expenditures of the following nature, in- 
 curred in connection with the construction of an electric plant, namely: the 
 pay and expenses of all counsel, solicitors, and attorneys, their clerks and 
 attendants, and expenses of their offices; printing briefs, legal forms, testi- 
 mony, reports, etc. ; payments to arbitrators for the settlement of disputed 
 questions; costs of suit and payments of special fees, notarial fees, and wit- 
 ness fees ; and expenses connected with taking depositions ; also all legal and 
 court expenses. 
 
 When any of the expenditures above enumerated can be charged directly to 
 the account for which incurred, they shall be so charged and not to this ac- 
 count. Expenditures in connection with the acquisition of the right of way 
 or other land shall be charged to account No. EllO, "Land Devoted to 
 Electric Operations". Law expenditures in connection with the organization 
 of the corporation shall be charged to account No. 101, "Organization". 
 E283. Injuries During Construction. 
 
 Charge to this account all expenditures incident to injuries to persons when 
 caused directly in connection with construction of electric plant and equip- 
 
18 Public Service Commission — First District 
 
 ment ; proportion of salaries and expenses of physicians and surgeons ; nursing 
 and hospital attendance, medical and surgical supplies, artificial limbs, rail- 
 road and carriage fares for conveying injured persons and attendants ; funeral 
 expenses (including payments to undertakers) ; proportion of pay and ex- 
 penses of claim adjusters and their clerks, and pay and expenses of employees 
 and others called in consultEition in relation to the adjustment of claims 
 coming under this head; also witness fees and amount of final judgments. 
 E284. Taxes During Gonstruction. 
 
 Charge to this account all taxes and assessments levied and paid on prop- 
 erty belonging to the corporation while under construction and before the 
 plant is opened for commercial operation, except special taxes assessed for 
 street and other improvements, such as grading, sewering, curbing, guttering, 
 paving, sidewalks, etc., which shall be charged to the account to which the 
 property benefited is charged. 
 
 E28S. Interest During Construction. 
 
 Charge to this account the interest accrued upon all moneys (and credits 
 available upon demand) acquired for use in connection with the construction 
 and equipment of the property from the time of such acquisition until the 
 construction is ready for use. Interest receivable accrued upon such moneys 
 and credits shall be credited to this account. To this account shall also be 
 credited discounts realized through prompt payment of bills for materials 
 and supplies used in construction unless such discounts are credited to the 
 particular bills. 
 
 E286. Miscellaneous Construction Expenditukes. 
 
 Charge to this account the salaries and expenses of executive and general 
 officers of an electric plant under construction; clerks in general offices en- 
 gaged on construction accounts or work; rent and repair of general offices 
 when rented, with the office expenses ; insurance during construction ; also all 
 construction and equipment items of a special and incidental nature which 
 can not properly be charged to any other account in this classification. 
 
 Note A. — Thi^ account may Include a suitable proportion of store expenses 
 when such expenses are not assignable to specific materials. 
 
 Note B. — This account shall not Include any costs of organization, or any costs 
 or discounts connected with the issue and disposal of stocks, funded debt, or other 
 securities, and commercial paper. 
 
 Olio. Land in Other Departments. 
 Charge to this account the cost Of the corporation's interests in land 
 (exclusive of improvements thefeon) devoted to operations other than electric 
 operations, gas operations, railroad operations, and street railroad operations.* 
 Such cost includes, when assumed or when paid by the purchaser in its own 
 behalf, cost of registration of title, cost of examination of title, conveyancer's 
 and notary's fees, purchasing agent's commissions or fees, or proportion of 
 purchasing agent's salary, taxes accrued to date of transfer of title, and all 
 liens upon the title acquired. If at the time of acquisition of such interest 
 
 •Note. — Gab Capita!, Railroad Capital, and Steeet Railroad Capital. 
 
 For the accounts to which shall be charged the cost of capital devoted to gas oper- 
 ations, see the Unlfomi System of Accounts for Gas Corporations ; for steam rail- 
 road operations, see the Uniform System of Accounts for Expenditures for Road 
 and Equipment, etc., as established for Steam Railroad Corporations by the Pub- 
 lic Service Commissibn; and for electric railroad and street railroad operations, 
 see the Uniform System of Accounts for Street Railroad Corporations. 
 
Uniform Accounts — Electrical Corporations 19 
 
 in lands it extends to buildings or other improvements thereon, which im- 
 provements are devoted by the corporation to operations other than the four 
 classes above mentioned, and the contract of acquisition does not determine 
 the price of such improvements, they shall be appraised at their fair cash 
 value, and such appraised value shall be charged to the appropriate accounts 
 and excluded from the account "Land in Other Departments". If such im- 
 provements are held as investments, the cost (or appraised vEllUe at time of 
 acquisition of title if the cost to the corporation is not determined in the 
 contract of acquisition) shall be charged to the appropriate investment ac- 
 count. If the improvements are removed or wrecked, the salvage (less the 
 cost of removal or wreckage) shall be excluded from the account "Land in 
 Other Departments". 
 
 O102. Franchises in Other Departments. 
 
 Charge to this account "the amount (exclusive of any tax or annual charge) 
 actually paid to the State or to a political subdivision thereof as the consid- 
 eration for the grant of such franchise or right" as is necessary to the con- 
 duct of the corporation's operations other than electric, gas, railroad, and 
 street railroad. 
 
 O103. Patent-rjchts in Other Depakiments. 
 
 Charge to this account the cost of all rights (haying a life of more than 
 one year from the date when placed in service) acquired by the corporation 
 in or under valid patents granted by the United States to inventors for in- 
 ventions and discoveries which are necessary to the economical conduct of 
 the corporation's operations other than electric, gas, railroad, and street 
 railroad. 
 
 O104. Other Intangible Capital in Other Departments. 
 
 Charge to this account the cost of all property of the corporation coming 
 within the djefinition of intangible capital devoted to its operations other 
 than electric, gas( railroad, and street raiUoad, and not includible under any 
 of the foregoing accounts. 
 
 O120. Tangible Capital in Other Departments. 
 
 Charge to this accovint the cost of all property of the corporation coming 
 within the definition of tangible capital devoted to its operations other than 
 electric, gas, railroad, and street railroad. 
 
 25. Floating Capital divided into two groups. — Floating capital is 4i- 
 vided into two great groups, of which the first is herein called "Materials and 
 Supplies," and the second, "Current 4-Ssets". 
 
 26. Definitions of Floating Capital accounts — In the following defini- 
 tions the letters and figures prefixed to the titles of the accounts are no part 
 of the titles and are inserted merely for convenience of reference: 
 
 ElO. Materials and Suph-ies. 
 Charge to this account the cost (including transportation) of all materials 
 and supplies acquired by the corporation, regardless of whether the same 
 are intetided to be* consumed in construction or in operation, or later to be 
 sold. Where discounts recovered through prompt payment are tiot credited 
 to the particular bills, the cost at which such materials and supplies shall 
 be charged shall be the invoice cost, and any discounts recovered through 
 prompt payment of bills for such materials and supplies shall be credited to 
 
20 Public Service Commission — First District 
 
 account No. E28S, "Interest During Construction," or to account No. E8S2, 
 "Undistributed Adjustments — Balance," according as such materials and sup- 
 plies are intended for construction or for operation. 
 
 The scrap value of things retired from service shall be charged to an. appro- 
 priate sub-account in this account while such things remain the property of 
 the corporation. If such scrap value is not known and can not readily be 
 determined it shall be estimated, and errors in such estimates when deter- 
 mined shall be adjusted through the accounts involved if during the year in 
 which the estimates were made ; if later, then through the "Corporate Surplus 
 or Deficit" account. 
 
 Inventories of materials and supplies shall be taken at least annually, and 
 any shortages or overages disclosed by such inventories shall be credited or 
 debited to this account and debited or credited to the operating expense ac- 
 count No. E8S2, "Undistributed Adjustments — Balance," in case they can 
 not be assigned to specific accounts. Shortages may, however, be charged 
 directly to "Corporate Surplus or Deficit". Where such materials and sup- 
 plies have been used in construction, a suitable proportion of such shortages 
 or overages may be debited or credited to account No. E286, "Miscellaneous 
 Construction Expenditures". 
 
 Note. — It Is not required that the transportation element of cost shall be as- 
 signed with a. greater degree of accuracy than to the nearest cent per unit of 
 material or supply. Where a single transportation Item covers a multitude of 
 things the portion of the expense not assigned to speciflo things should be charged 
 to the same account that store expenses are charged to. 
 
 1. Cash. 
 
 Charge to this account all money coming into the possession of the corpora- 
 tion and in which the corporation has the beneficial interest. This includes 
 coin of the United States, United States treasury notes, gold and silver cer- 
 tificates and green backs, and bank bills payable to bearer. Also charge to it 
 all bank credits, checks and drafts receivable, subject to satisfaction or 
 transfer upon demand (whether payable to bearer or to order). Credit this 
 account with all cash disbursements of the corporation. 
 
 2. Bills Receivable. 
 
 Charge to this account the cost of all bills receivable (except as below 
 provided) which are the property of the corporation and upon which solvent 
 concerns are liable or which are sufficiently secured to be considered good. 
 This account includes demand notes, drafts, etc., issued by others than banks, 
 and time notes, drafts, etc., by whomever issued. This account does not in- 
 clude investments (for which see page 21) ; nor does it include interest 
 coupons. 
 
 3. Accounts Receivable. 
 
 Charge to this account all amounts owing to the corporation upon ac- 
 counts with solvent concerns (other than banks) ; also the cost of all accounts 
 and claims upon which responsibility is acknowledged by solvent concerns or 
 which are sufficiently secured to be considered good, and of all judgments 
 against solvent concerns where the judgment is not appealable or suspended 
 through appeal. This account does not include negotiables. 
 4. Interest and Dividends Receivable. 
 
 Whenever the income account is stated the appropriate sub-account therein 
 shall be credited, and this account shall be charged with all accrued but 
 
Uniform Accounts — Electrical Corporations 21 
 
 not yet collected interest upon all commercial paper and accounts considered 
 collectible held by or for the benefit of the corporation; also all dividends 
 declared or guaranteed by solvent concerns but not yet collected, the right to 
 which is in the corporation. 
 
 5. Other Current Assets. 
 Charge to this account the cost of all current assets of the corporation which 
 are not includible under any of the last four foregoing accounts. By current 
 assets are meant only those things which are readily convertible into money 
 and which are held with the intent of being presently converted into money 
 and not as investments. 
 
 27. Investments defined.— By Investments, as here used, are meant all 
 properties acquired not for use in present operations, but as a means of obtain- 
 ing or exercising control over other corporations, or for income to be 
 derived from them, or for a rise in value, or for devotion to future operations 
 at a time when it seems probable that they can not be so advantageously ac- 
 quired as at the time of actual acquisition. By bound investments are meant 
 those held subject to a lien of some character; by free investments are meant 
 those held free of all liens. 
 
 300. Investments. 
 
 The cost of the corporation's title to any property held as an investment 
 shall be charged to an account entitled "Investments". 
 
 NoTB. — In the annual reports to be made to the Public Service Commission by 
 the corporations and other persons engaged In electric operations. Investments, 
 whether bound or free, will be required to be classified with at least the following 
 detail: 
 
 Bound investments will be required to be divided Into the three classes : "Mort- 
 gaged or Pledged Investments," "Contractual Fund Investments," and "Other 
 Bound Investments". Bach of these three classes, and the class "Free Invest- 
 ments," will be required to be subdivided into the following: Funded Debt of Con-, 
 trolling Corporations, BMnded Debt of Affiliated Corporations, Funded Debt of 
 Controlled Corporations, Stocks of Controlling Corporations, Stocks of Affiliated 
 Corporations, Stocks of Controlled Corporations, Advances to Controlled Corpora- 
 tions, Funded Debt of Other Corporations, Stocks of Other Corporations, Land, 
 Improvements on Land, and Other Investments. 
 
 28. Special Deposits defined. — By Special Deposits, as here used, are 
 meant amounts of money and bank credits in the hands of fiscal and other 
 agents of the corporation for the payment of coupons, dividends, or other 
 special purposes. Credits at banks subject to check of the corporation or its 
 agents for general purposes, deposits at banks whether withdrawable at 
 pleasure or after a specified time, amounts of money in safety deposit vaults, 
 etc., so long as they are available for general purposes of the corporation, 
 shall be excluded herefrom. 
 
 311. Coupon Speciai, Deposits. 
 Charge to this account all moneys and bank credits specially deposited in 
 the hands of fiscal agents or other agents of the corporation for the payment 
 of interest coupons when presented. Such coupons when paid from such 
 deposits shall be credited to this account and charged to the appropriate 
 matured interest account. Payments to trustees (or other agents) of the 
 holders of bonds or other securities of the interest accrued thereon which 
 operate under the terms of the securities (or of mortgages supporting such 
 securities) as a release of the paying corporation from further liability for 
 such interest shall not be charged to this account, but to the appropriate 
 "Interest Accrued" account. 
 
22 :, Public SekViceCommission-h-First' District 
 
 ! 312. Dividend Special Deposits. , r ■ 
 
 Charge to this account, all moneys rand bank credits specially deposited in 
 the hands Of fiscal Agents or other agents of the corporation for the payment 
 of dividends upon the corporation's stocks. Suchitiividends when ,paid from 
 such deposits shall be credited to this account, and charged to the appropriate 
 diyide;nd account. '.r ; > 
 
 , . . 313. Other Special Deposits. ,,r ,' .: 
 
 .^(Ilharge to this account/all moneys, and. bank credits :depQsited, i^i, the hands 
 of fiscal agents or other agents of .the corporation for other special purposes 
 than the payment of interest coupons and dividends. Charges to this account 
 shall specify the purpose for which the deposit is made. When such purposes 
 are satisfied this account shall be credited with the amount specially deposited 
 to provide such satisfaction. 
 
 , 29. PrepaymentSj-T-Whe;? payments, for taxes, insurance, rents, and the 
 like are maiie in advance of .the .actual accrual, thereof, the amount of. the adr, 
 vance payment shall be charged to the appropriate account in this group. As 
 such taxe?, etc., accrue, the^ J^pprppriate prepayment account shall be .credited 
 and the appropriate expense or other income account shall ,be charged.. 
 
 Note. — By the accrual of taxes. Insurance, rents, etc., Is meant their accumula- 
 tion when considered as spread' uniformly Over the period to which they apply. 
 Thus, If the rent fixed W contract of lease for a Certain property Is ?600 for a 
 calendar year, this accrues at the rate of $50 each month .Cunless it Is desired to 
 base the. accrual on days, when of course the varying lengths of the months would 
 reauire to be considered), regardless of the actual times when the rent ; matures ; 
 ^50 should thus (if the. rent fhag been prepaid) be credited each month to the 
 account "Prepaid Rents," and concurrently charged to the appropriate account in 
 the. "Income" account. Similarly in the case of other prepayments. 
 
 321. Prepaid Taxes. 
 
 When taxes are paid in advance of their, accrual, the amount prepaid shall 
 he. diiarged. tp .this .aqcqujit. As the taxes thuS; prepaid accrue,, they shall be 
 credited at monthly intervals to this account' and charged to the appropriate 
 taxes account. This account must not indude any so-called- taxes, like water 
 taxes, drainage taxes, fire taxes, etc., which are payments for special benefits 
 received. Such payments for special benefits, where finally chargeable to 
 operating expeinses, must, when prepaid, be charged to account No.^324, "Other 
 Prepayments". , . , ' ' ' • 1 
 
 '■' 322. Prepaid Insurance. ' -'j. . 
 
 When premiums on insurance policies, are paid in advance oif their .acc^-uail, 
 the amount prepaid (whether paid in cash or by the issue of notes or pt^er 
 negotiable paper) shall be charged to this account. As such pr'emiupis accrue 
 they shall be credited at monthly intervals to this account and charged to the 
 appropriate expense account. 
 
 J . , 323. Prepaid JIen'ts.. 
 
 When rents are paid in advance of the enjoyment .of the term, the amount 
 prepaid (whether paid in casli or by the issue of notes or other negotiable 
 papier) shall be charged to this account. As the term is consumed, this 
 account shall be credited at monthly intervals and the appropriate rent ac- 
 count in the income account, shall h? charged. 
 
 324. .Other Psepayments. 
 
 When prepayments are made for any other thing than taxe^ insurance, 
 and; rents,, above provided for, such prepayments shall be charged to this 
 
Uniform Accounts-^Electrigal Corporations 23; 
 
 account; and as the purpose of- the prepayinent is satisfied, proportionate 
 amounts shall, be credited monthly to this account and charged to the appro- 
 priate expense or income account. 
 
 ; 30. Suspense.— When any expenditure is made, the appropriate dispo- 
 sition of which is not yet determinable, or when any loss occurs which under 
 the rules of the Public Service Commission may be spread over a period of 
 time, or when any debit made for any other reason may be amortized through 
 charges made to expense or other income accounts at intervals over a period 
 of time, such expenditure, loss, or other debit shall, except as herein other- 
 wise directed, be charged to an appropriate account in this group of accounts.! 
 Note.— By "amortization" of any charge or credit Is meant Its gradual ex-' 
 tlnctlon. The word Is broader than the word "depreciation," since the latter Is 
 restricted ordinarily to tangible property. The word "depredation" also Imports 
 more of the Idea of fluctuating value and Is complicated somewhat with ,the ques- 
 tion of cost of replacement at market prices. Because It Is considered unnecessary 
 In connection with the gradual consumption or expiration of life of capital to con- 
 sider the question of cost of replacement until the replacement is actually made) 
 at which time the cost of replacement Is duly charged to the appropriate account, 
 and because provision is necessary for the gradual extinction of certain chargesj 
 (such as those for some kinds of capital, those for extraordinary casualties, for 
 discount on debt, etc. ) , to which the term "depreciation" ' does not well apply. It 
 is considered advisable to use the term "amortization" In connection with th6 
 extinction of such charges, and of certain corresponding credits, such as premiums 
 on debt outstanding. 
 
 331. Unamortized Debt Discount and Expense. 
 When funded debt securities and other evidences of indebtedness are dis-^ 
 Closed of for ^consideration whose cash value is less than the sum of the par 
 value of the securities or other evidences of indebtedness and the interest 
 thereon accrued at the time the transfer takes place, the excess of such sum 
 of the par value and accrued interest over the cash value of the consideratipn 
 received shall be charged to this account. To' this account shall also be 
 charged all expense connected with the issue and sale of evidences of debt, 
 such as fees for drafting mortga:ges and trust deeds, fees and taxes for recoird- 
 ing mortgages and trust deeds, cost of engraving and printing bonds, certifi- 
 cates of indebtedness, and other commercial paper hstving a life of more than 
 one year, fees paid trustees provided for in mortgages and trust deeds, fees 
 and commissions paid underwriters and brokers for marketing such evidences 
 pf debt, and other like expense. At or before the close of each fiscal period 
 thereafter, a proportion of such discount and expense based upon the life of 
 the security to maturity shall be credited to this account and charged to 
 account No. 928, "Amortization of Debt Discount and Expense". Such dis- 
 count and expense may, if desired, be amortized more rapidly through charges 
 of all or any part of it, either at the time of issue or later, to the acconnt 
 "Other Deductions from Surplus". 
 
 332. Other Suspense. 
 To this account shall be made all debits not elsewhere provided for and 
 the proper final disposition of which is uncertain. This will include all such 
 matters as expense of preliminary surveys, plans, investigations, etc., made 
 for determining the feasibility 6f projects under contemplation. Should any 
 such project later, be carried to completion, such amounts shall be credited 
 to this account and charged to the proper capital account; should it.be aban- 
 doned, such amounts shall be charged to "Corporate Surplus or Deficit". 
 
24 Public Service Commission — First District 
 
 When the proper disposition of any matter charged to this account is deter- 
 mined, it shall be credited to this account and charged to the appropriate 
 account. 
 
 31. Securities Actually Issued and Later Re-acquired.— For the case of 
 securities actually issued by the corporation and later re-acquired by it, the 
 following account is provided: 
 
 340. Re-acquired Securities. 
 When securities, whether funded debt or stocks, have been actually issued 
 to bona fide holders for value (or after such issue by another corporation 
 have been assumed by the accounting corporation), and after such issue (or 
 assumption) have been acquired by the corporation under circumstances which 
 require that they shall not be treated as paid or retired, they shall be 
 charged at face values to this account. 
 
 32. Debt Defined. — The word debt, as here used, covers all absolute obli- 
 gations to pay money at a definite time or times, or at a time or times which 
 are capable of being made definite by demand or other act of the creditor. 
 It does not cover contingent obligations, such as obligations to pay rent for 
 future enjoynient of the term, liabilities of indorsers upon paper not yet 
 defaulted, etc. 
 
 Debt is divided into Funded Debt and Unfunded Debt. 
 
 33. Funded Debt defined. — Funded Debt comprises all debt which by the 
 terms of its creation does not mature until more than one year after date of 
 creation. 
 
 34. Unfunded Debt defined. — Unfunded Debt comprises all debt which 
 by the terms of its creation matures one year or less after the date of crea- 
 tion or after demand. 
 
 35. Funded Debt accounts. — Funded debt shall be divided in the accounts 
 into classes, such classes being determined by the four characteristics: (1) 
 mortgage or other lien or security therefor, (2) rate of interest, (3) interest 
 dates, and (4) date of maturity. A separate sub-account shall be raised 
 for each such class of funded debt, and no two ampunts of debt not agreeing 
 in respect of all four of the characteristics above named shall be included in 
 the same sub-account. The title of each sub-account of funded debt shall 
 express the four characteristics above stated, that is to say: Mortgage or 
 other lien or security, rate of interest, dates of maturity of interest, and 
 date of maturity of principal; as e. g., "First Mortgage S% QF 10, Aug. 10, 
 1928," which means funded debt secured by the company's first mortgage, 
 bearing interest at the rate of 5 per cent, per annum, interest maturing 
 quarterly on February 10th, May 10th, August 10th, and November 10th of 
 each year, principal maturing August 10, 1928. 
 
 Where any portion of the funded debt rests only on the general credit of 
 the corporation and is not specially secured or supported by lien of any 
 character, it shall for the purposes of these accounts be known as a "deben- 
 ture." "Debentures" thus include promissory notes unsecured by mortgage 
 or other lien, also those securities commonly known as "plain bonds." 
 
 To the appropriate sub-account in "Funded Debt" shall be credited when 
 issued the par value of the amount of evidences of funded indebtedness issued. 
 The entry shall show not only the amount issued but the purpose for which 
 issued, and shall make intelligible reference to the book, page, and account 
 
Uniform Accounts — Electrical Corporations 25 
 
 whereon are shown any discounts or premiums realized on the amount issued. 
 If the consideration received for the issue is anything else than money, the 
 entry shall show further the principal to whom issued, and shall describe 
 with sufficient particularity to identify it the actual consideration received 
 for the issue. If the issue in any case is to an agent of an undisclosed prin- 
 cipal, the name and business address of such agent and the fact of his agency 
 shall be shown in the entry. 
 
 36. Unfunded Debt accounts. — The accounts for unfunded debt are de- 
 fined as follows: 
 
 351. Taxes Accrued. 
 
 Credit to this account at the close of each month the taxes accrued during 
 the month, and make corresponding charges to the appropriate "Taxes" 
 account. Credits to the account "Taxes Accrued" will necessarily be based 
 upon estimate until the amount of tax levied for the tax period is known ; 
 such estimates shall be based upon the best data available, and as soon a% 
 the amount of tax for the period is known the account in-volved shall be 
 adjusted to conform. When any tax is paid it shall be charged to this 
 account and credited to "Cash" or other suitable account. 
 352. Receiver's Certificates. 
 
 When any receiver acting under the orders of a competent court is in pos- 
 session of the property of the corporation and under the orders of such court 
 issues certificates of indebtedness chargeable upon such property, the par 
 value of such certificates shall be credited to this account. Interest accruing 
 upon such certificates shall also be credited monthly to this account. 
 353. Judgments Unpaid. 
 
 When any judgment of indebtedness is rendered by a court of competent 
 jurisdiction against the corporation, or any fine or penalty requiring the 
 payment of money is assessed by such a court against the corporation, and no 
 appeal accompanied by stay of execution has been taken therefrom within 
 the time allowed by law for such appeal, the amount of such judgment shall 
 be credited to this account, and the entry shall designate the action or suit 
 as a consequence of which such judgment is pronounced or such fine or penalty 
 assessed. The designation of the action or suit shall show the court, the 
 term thereof, the parties, and the character of the action or suit. Interest 
 accruing upon any such judgment shall be credited monthly to this accovmt. 
 
 Note. — In case of appeal and afilrmance In whole or In part from which judg- 
 ment of affirmance a further appeal lies, the same rule shall apply as upon entry 
 of original Judgment. 
 
 354. Interest Accrued. 
 
 Credit to this account at the close of each month the interest accrued 
 during the month upon indebtedness of the corporation. When such interest 
 is paid it shall be charged to this account and credited to "Cash" or other 
 suitable account. 
 
 The account "Interest Accrued" does not include interest on judgments, 
 nor that upon receiver's certificates. The interest accruing on any judgment 
 against the corporation or upon any receiver's certificate shall be credited 
 to the account to which such judgment or receiver's certificate stands credited. 
 
 Note. — ^When coupon Interest matures It should be transferred from the sub- 
 account "Unmatured Coupon Interest Accrued" to the sub-account "Coupon In- 
 terest Matured." When such Interest Is paid out of coupon special deposits the 
 sub-account "Coupon Interest Matured" should be charged and the account 
 "Coupon Special Deposits" credited. 
 
26 Public Service Commission-^First District 
 
 .355. Dividends Declared. 
 
 When any dividend is declared it shall be credited to this account and 
 here remain until it is paid, when it shall he dharged to this account and 
 credited to "Cash" or other suitable account. 
 
 356. Bills Payable. 
 
 When any note, draft, or other bill jJayable which matures not later than 
 one year after date of issue (or of demand) or assiitnption by the corporation 
 of primary liability thereon is issued or assumed, the par value thereof shall 
 be credited to this account, and when it is paid it shall be charged to tiiiS 
 account and credited to "Cash" or other suitable account. 
 E3S7a. Consumers' Deposits-^Electric. 
 
 Credit to this account, as such deposits are made, all cash deposited with the 
 corporation by consumers as security for the payment of electric bills. De-i 
 posits i-efunded shall be charged to this account and credited to "Cash." 
 Deposits applicable to uncollectible or worthless electric bills shall, at the dose 
 of the fiscal year (or earlier, at the option of the accounting corporation), 
 be credited to the account of the consumer involved and debited to this 
 account. 
 
 357b. Other Accounts Payable. 
 
 Credit to .this account when incurred all liabilities of the corporation upon 
 open accounts, except those provided for in the foregoing account "Con- 
 sumers' Deposits." 
 
 358. Other Unfunded Debt. 
 
 Credit to this account at face value all unfunded debt upon which the 
 corporation is liable and which is not elsewhere provided for. 
 
 37. Reserves. — Reserves shall be classified as Permanent and Temporary. 
 
 38. Permanent Reserves defined.-^By Permanent Reserves are meant 
 those that must be maintained intact during the life of the corporation. 
 Permanent reserves shall be classified into the two classes: Premiums on 
 Stocks, and Other Permanent Reserves. 
 
 J 371. Premiums on Stocks. 
 
 Premiums on stocks shall be sub-classified with respect to the several classes 
 of stocks, for definitions of which see the accounts under the head "Stocks." 
 A sub-account shall be kept for each particular class of stocks, and such 
 sub-accounts shall be severally entitled : 
 
 Premiums on Debenture Stocks, 
 
 Premiums on First Preferred Stocks, 
 
 Premiums on Second Preferred Stocks, etc., and 
 
 Premiums on Common Stocks. 
 
 When a premium is realized upon an issue of any particular class of stoci;, 
 such premium shall be credited to the sub-account above provided for such 
 class of stock, and such credit shall remain in such account so Ion" as such 
 stock remains outstanding. By a premium realized (as the words are above 
 used) is meant the excess of the actual money v^lue (at the time of issue 
 of the stock) of the consideration received for such issue over the par value 
 of the amount of stock issued. If the stock is issued by the corporation to 
 its treasurer or other agent, the excess of the actual money value of the 
 consideration obtained by such agent in exchange for such stock over the par 
 value thereof shall be considered the premium realized. 
 
UisriFORM JAccouNTS — Electrical Corporations 27 
 
 ■ '' • 372. G)5:b:er Permai^ent Reserves. 
 
 ■ Credit to this accouist all reservesnot above firovided'for created to remain 
 intact' until the dissoluticin of the 'corporation. A separate sub-account shall 
 be created for each particular purpose for. -which, a reserve is raised, and 
 the purpose of the reserve shall be designated in: the title' of 'the account 
 thereof and shall be 'expressed in full in -the first entry in such account. 
 
 39. Temporary Reserves defined. — By Temporary Reserves are meant 
 those that are not intended to remain intact during the life df the corporation. 
 Temporaiy reserves shall- be classified as Contractual Reserves' and Non-con- 
 tractual Reserves. > 
 
 40. Contractual Reserves defined.— Contractual Reserves are reserves 
 necessitated by contracts of the corporation, as e.g., reserves to cover sinking 
 funds provided for in mortgages, etc. A separate sub-account shall be: raised 
 for each particular contractual reserve, and to such account shall be credited 
 all appropriations and accumulations made in accordance with the contract 
 provisions under which such reserve is created. The purpose of the reserve 
 shall be designated in the title of the account thereof and shall be expressed 
 in full in the first entry in such account. 
 
 41. Non-contractual Reserves defined. — Non-contractual' Reserves are 
 such temporary reserves as are raised without being required under any con- 
 tract. Non-contractual reserves are divided into Required and Optional. 
 
 42. Required Reserve accounts.— Required reserves are provided for 
 in the following accounts : 
 
 374. AccRtTEp Amortization of Capital. 
 Credit to this account such amounts as are charged from time to time to 
 "Operating Expenses," or other accounts to cover depreciation of plant and 
 equipment, and other amortization of capital. When any capital is retired 
 from service, the original money cost thereof (estirnated if not known, and 
 where estimated, that fact and the facts upon which the estimate is based 
 shall be stated in the entry), less salvage, shall (except as provided in 
 account No. ElOO, "Fixed Capital, December 31, 1908,") be charged tc? this 
 account. The amount originally entered or contained in the charges to "any 
 capital account in respect of such capital so going out of service shall be 
 credited to such capital account, and any necessary adjusting entry made 
 to the appropriate sub-account under the account "Corporate Surplus or 
 Deficit." 
 
 37S. Unamortized Premium on Debt. 
 
 When funded debt securities or other evidences of indebtedness are dis- 
 posed of for a consideration whose cash value is greater thaii the sum of the 
 par value of such securities or other evidences of indebtedness and the interest 
 thereon accrued at the time the transfer takes place, the excess of the cash 
 value of such consideration received over the sum of the par value of the 
 securities or other evideiice of indebtedness and the accrued interest shall be 
 credited to this account. At monthly intervals thereafter a proportion of 
 such premium based upon the life of the security or other evidence of in- 
 debtedness to maturity shall be charged to this account and credited to 
 "Amortization of Premium on Debt" in "Income" £^ccount; or at the option 
 of the corporation the charge to this account may be delayed to a time not 
 later than the date of maturity of the debt, in which case the proportion ap- 
 
28 Public Service Commission — First District 
 
 plicable to the period covered by the then current income account shall be 
 credited to the account "Amortization of Premium on Debt," and the re- 
 mainder of the credit shall be to the account "Other Additions to Surplus." 
 376. Other Required Reserves. 
 Credit to this account all required reserves not elsewhere provided for. The 
 first entry of a credit to this account with respect to any particular reserve 
 shall show the purpose of the reserve, and every subsequent entry with 
 respect to that reserve shall designate the reserve to which it relates. 
 
 43. Optional Reserve accounts. — Optional Reserves are those the creation 
 of which is solely within the discretion of the corporation. For such reserves 
 the following two accounts are provided: 
 
 381. Casualties and Insurance Reserve. 
 
 When any admitted liability arises because of loss or damage to the prop- 
 erty of others, or of injuries to employees or other persons, the amount of 
 the liability may (if not previously provided for by insurance or self-insur- 
 ance) be diarged to the appropriate operating expenses or other accounts and 
 credited to this account, against which (in such case) the actual cost of satis- 
 faction of the liability shall be charged when the matter is determined. If 
 the extent of the liability can not be ascertained promptly after the lia- 
 bility arises, it may be estimated as accurately as practicable for the purpose 
 of determining the immediate charge to the expense or other appropriate 
 account, in which case the matter shall be adjusted when the extent of the 
 liability is definitely ascertained. If the loss is of such character that it is 
 in whole or in part indemnifiable under any contract of insurance carried by 
 the corporation, the indemnifiable portion of the loss shall be charged to the 
 insurer and credited to "Casualties and Insurance Reserve." Also credit to 
 this account the amounts charged to the operating expense account "Insur- 
 ance" to cover self-carried risks. 
 
 382. Other Optional Reserves. 
 
 A sub-account shall be raised for each particular reserve, and its title shall 
 designate the purpose of such reserve and the first entry therein shall express 
 in full such purpose. 
 
 44. Stocks Defined. — By Stocks of a corporation, as the term is here used, 
 are meant those securities which represent permanent interests in the corpora- 
 tion or interests which, if terminable, are so only at the option of the cor- 
 poration. 
 
 45. Stocks classified. — Stocks are classified as — 
 Debenture Stocks, 
 
 First Preferred Stocks, 
 
 Second Preferred Stocks, etc., and 
 
 Common Stocks. 
 
 46. Debenture Stocks defined. — Debenture Stocks are those issued under 
 a contract to pay absolutely thereon at specified intervals a specified return. 
 
 47. First Preferred Stocks defined.— First Preferred Stocks are those 
 which have the first claim upon such dividends as may be distributed. They 
 may be cumulative or noncumulative, participating or nonparticipating. If 
 cumulative, the amount by which the dividend at any dividend period fails to 
 reach the stipulated rate is carried forward to continue as a claim upon divi- 
 
Uniform Accounts — Electrical Corporations 29 
 
 dends until satisfied ; if noncumulative, such amount lapses. If a first preferred 
 stock is participating, it is not limited to the stipulated rate in the amount of 
 dividends which it may receive, but is entitled to participate, in accordance 
 with the terms of the contract under which it is issued, in further dividends ; 
 If nonparticipating, it is limited to the stipulated rate. 
 
 48. Second Preferred Stocks defined. — Second Preferred Stocks are those 
 whose claims in the distribution of dividends are next after those of first 
 preferred stocks. These stocks may also be cumulative or noncumulative, par- 
 ticipating or nonparticipating. 
 
 49. Common Stocks defined. — Common Stocks are those whose claims in 
 the distribution of dividends are subordiriate to the claims of all other 
 stocks. 
 
 50. Voting Powers. — Stocks differ also in regard to the voting powers 
 incident to ownership of them. 
 
 51. Retirement of Stocks. — Stocks are sometimes issued under contracts 
 wherein the issuing corporation reserves to itself the right to retire them at 
 its option, either absolute or subject to conditions expressed in the contracts 
 whereunder the stocks are issued. 
 
 52. Separate account required for each class of stocks.— In the accounts 
 of stocks outstanding, a separate account shall be raised for each class of stock 
 issued, and no two stocks shall be considered of the same class unless they 
 are equal in their interest or dividend rights, their voting rights, and' the 
 conditions under which they may be retired. The characteristics of any class 
 of stocks in these three regards shall be designated in the title of the account 
 raised to cover such Stocks and shall be clearly expres.sed in the first entry 
 in such .account. To the account for any class of stocks sh^U be credited 
 when issued the par value of ;,the amount of -stock of that, class issued. If 
 such issue is for money, that f^ct shall be stated ; and if for any other con- 
 sideration than money, the person to whom issued shall be designated, and 
 the consideration for which issued shall be described with sufficient par- 
 ticularity to identify it; if such issue is to the treasurer, or other agent of 
 the corporation, to be by birn disposed of for the benefit of the corporation, 
 that fact and the name of such 'agent shall be shown ; and such agent shall 
 in his account of the disposition thereof show the like details concerning the 
 consideration realized thereon, which account when accepted by the corpo- 
 ration shall be preserved as a corporate record. If the fair cash value of 
 the consideration realized upon the issue of any amount of stock is greater 
 than the par value of such stock, the excess shall be credited to the account 
 "Premiums on Stocks," and corresponding reference thereto shall be con- 
 tained in the entry relating to such stock in the stock account. 
 
SCHEDULE B. 
 
 INCOME ACCOUNT. 
 
 1. Income and Indicant accounts compared. — A comparison of the bal- 
 ances in the foregoing accounts (Schedule A) at any particular moment will, 
 if the accounts have been properly kept, show the then existing condition of a 
 corporation's affairs so far as such condition can be shown through the ac- 
 counts. The group of accounts just defined is sometimes called the Balance 
 Sheet or Indicant accounts. Their balances indicate the condition of the cor- 
 poration at any particular time. These accounts with their subsidiary accounts 
 are all that are necessary prior to the time when the corporation becomes 
 what fnay be called a "going concern." 
 
 When a corporation begins operations it requires an additional group of 
 accounts in which to classify in convenient form the accounting history of 
 the various changes it undergoes. Such group of accounts brings together 
 or accumulates the account of the various incidents of the corporation's his- 
 tory. This group of accounts may be called the Income account. They are 
 made up usually on a yearly basis and are closed into one grand account 
 called "Corporate Surplus or Deficit," which ties together this group of 
 accounts and the preceding group. 
 
 2. Divisions of Income account. — ^The principal divisions of this group 
 of accounts are the Revenue accounts, the Revenue Deduction accoimts, the 
 Income Deduction accounts, and the Appropriation accounts. 
 
 3. Revenues defined. — By Revenues, as the word is used herein, are meant 
 all amounts of money which the corporation receives or becomes lawfully en- 
 titled to recover for services rendered, for products sold, as gross profits on 
 merchandise sold, or as a return upon its property (or interests in property). 
 Revenues are classified as Operating Revenues and Non-operating Revenues. 
 
 4. Operating Revenues defined. — Operating Revenues are those derived 
 from the sale of products and merchandise, from services rendered, and from 
 return on property used by the person or corporation in its own operations. 
 
 5. Non-Operating Revenues defined.— Non-operating Revenues are those 
 derived as a return upon the property of the corporation in the hands of 
 others or from its interests in property in the hands of others. They may be 
 sub-classified as Rents, Interest, Dividends, and Miscellaneous. 
 
 6. Revenue Deductions defined. — Revenue Deductions include Expenses, 
 Taxes, and Uncollectible Bills. 
 
 7. Expenses defined.— Expenses are those outgoes (including capital con- 
 sumed) necessary to the production of the commodities sold and the services 
 rendered, and to the collection of the revenues. They are divided into Operat- 
 ing Expenses and Non-operating Expenses. Operating Expenses are those 
 incident to the operating revenues. 
 
 [30] 
 
Uniform Accounts — Electrical Corporations 31 
 
 8. Taxes defined. — Taxes are those annual or other payments exacted by 
 governments for the purpose of raising funds for public uses. 
 
 9. Uncollectible Bills defined. — When ia corporation is engaged reg- 
 ularly in rendering to general consumers a service, or in supplying to such 
 consumers a commodity (as e. g., electric energy or gas for light, heat, or 
 power), current accounts or claims against such consumers for such service 
 rendered or commodity supplied which are incapable of collection by the exer- 
 cise of reasonable diligence are included under the name Uncollectible Bills. 
 
 10. Gross Income, Income Deductions, and Net Corporate Income de- 
 fined. — Revenues, diminished by expenses, taxes, and uncollectible bills, 
 give an amount called Gross Income, which is applicable to corporate and 
 leased properties. Gross income is subject to several compulsory deductions, 
 mostly contractual, like rent, interest, etc., and the remainder after these are 
 made is called Net Corporate Income, which being subject only to the discre- 
 tion of the corporation is most conveniently carried directly to the corporate 
 surplus. The accounts covering the compulsory deductions from gross ■ in? 
 come, as above defined, are called the Income Deduction, Accovnts. 
 
 11. Appropriation accomits defined. — ^The accounts covering the yearly 
 changes in the corporate surplus are called the Appropriation accounts, since 
 practically all of the matters covered by them are within the discretion of the 
 corporation, although they also- include certain adjustments made because 
 of facts of previous years imperfectly accounted for at the time (whether 
 through error or through lack of information), and certain other minor 
 matters like extraordinary expenses not chargeable as deductions from rev- 
 enues ; also such matters as profits on the sale of capital, and profits and 
 losses on the sale of investments. 
 
 12. Definitions of Electric Operating Revenue accoimts. — Credits to the 
 various revenue accounts shall be made upon the basis of bills rendered or 
 of gross prices. Discounts for prompt payment, corrections of overcharges, 
 overcollecticms theretofore credited and afterward corrected, authorised abate- 
 ments and allowances, and other corrections and deductions shall be charged 
 to the revenue account to which they relate. In the following definitions of 
 accounts the letters atid numbers prefixed to the titles are inserted solely for 
 convenience of reference and are no part of the titles or of the definitions : 
 
 401. Municipal Street Lighting — Akc* 
 Credit to this account all revenues derived from, lighting streets for munici- 
 pal corporations by means of arc lamps. 
 
 402. Municipal Street Lighting — Incandescent. 
 Credit to this account all revenues, derived from lighting streets for munici- 
 pal corporations by means of incandescent electric lamps. 
 
 Note. — In the foregoing two accounts the word "streets" is to be Interpreted to 
 Include parks, plazas, and all other public places not classified as buildings. 
 
 403. Lighting Municipal Buildings — Electric. 
 Credit to this account all reveiiues derived from lighting municipal build- 
 ings by means of electric lamps, and from electric energy supplied for such 
 
 •Charges to this and the following revenue accounts must be made In such wise 
 as to permit their classification In the annual report of the corporation to the 
 i>ubllc Service Commission. 
 
32 Public Service Commission— First District 
 
 purposes, or for heat or power in municipal buildings where such energy is 
 supplied at lighting rates and is. »ot separately measured. 
 
 , 404. Municipal Heat and Power — Electric. 
 
 Credit to this account all revenues derived from municipal, corporations for 
 electric energy supplied at special heat or power rates to such corporations 
 for the production of heat and power. 
 
 405. Miscellaneous Electric' Revenue — Municipal. 
 
 Credit to this account all revenues derived from supplying . electric energy 
 to municipaJ corporations and not provided for, in the foregoing accounts; 
 also those from the letting of meters, motors, and other electric equipijienf- 
 to such corporations. 
 
 406. Commercial Flat Rate Lighting. 
 
 Credit to this account all revenues^ derived from consumers other than 
 municipal corporations for electric lighting at flat rates per year, per month,, 
 per night, per hour, or other time unit, or on any basis independent of the 
 quantity of energy supplied. 
 
 407. Commercial Flat Rate Power. 
 
 Credit to this account all revenues derived from all consumers, except 
 municipal, railroad,' and other electfical corporations, for electric energy 
 supplied for heat or power at, special flat rates per year, per month, per night, 
 per hour, or other time unit, or on any basis independent of the quantity of 
 energy supplied. 
 
 408. Commercial Metered Lighting. 
 
 Credit to this account all revenues derived from all consumers, except 
 municipal corporations, for measured electric energy supplied foil electric 
 lighting where the total receipt is dependent oris the quantity of energy 
 supplied.' 
 
 NqTE. — Where electric energy flowing through any meter Is used by any other 
 consumer than a municipal corporation for both arc and incandescent lighting, or 
 for arc and Incandescent lighting and incidentally for power purposes such as 
 running fans, sewing machines, etc., the revenues derived therefrom shall be 
 credited to this account. ' ,. 
 
 409. Commercial Met£red Power. 
 
 Credit to this account all' revenues derived "from all consumers, except 
 municipal, railroad, and other electrical corporations, for measured electric 
 energy supplied for heat or power at special heat or tpower rates, where 
 the total receipt is dependent on the quantity of energy supplied. 
 410. Railroad Corporations. 
 
 Credit to this account all revenues derived from electric energy sold to 
 street and other railroad corporations for the propulsion, of their cars, for 
 running their shops, and for other power, and for heating purposes. If such 
 energy is incidentally used for lighting also, but the; portion used for lighting 
 is not separately measured, the revenue therefrom shall be included in this 
 account. 
 
 411. Other Electrical Corporations. 
 
 Credit' to this account all revenues derived from electric energy sold to 
 other electrical corporations t;o be by them distributed oyer th,eir own lines to 
 consumers; If any portion of such energy is incidentally constjme;d by such 
 corporations for their own benefit, whether for lightv- heat, or power, it shall 
 
Uniform Accounts— Electrical Corporations 33 
 
 be included herein, if not separately measured, or if included under the same 
 contract with that which is distributed by them to consumers. 
 421. Rent of EtECTRic Meters. 
 
 Credit to this account all revenues derived from the letting of electric 
 meters to others than municipal corporations. 
 
 422. Rent of Electric Appliances. 
 
 Credit to this account all revenues derived from the letting of electric 
 motors, fans, heating appliances, batteries, lamps, and other electric apparatus 
 and appliances (except meters) to others than municipal corporations. 
 Where the contract of letting names only a single consideration for both the 
 letting and the maintenance of the appliances so kt, the entire revenue shall 
 be included in this account. 
 
 423. Electric Merchandise and Jobbing Revenue. 
 
 Credit to this account all receipts from the sale of electric merchandise and 
 from electric jobbing. Charge to this account the cost to the accounting 
 corporation of electric merchandise sold, such cost including transportation 
 charges paid on such goods. 
 
 Credit also to this account the profit or commission accruing to the cor- 
 poration on all jobbing workperformedbyit asagent under agency contracts, 
 whereunder it undertakes to do jobbing work for another for a stipulated 
 profit or commission upon its actual expense for labor, materials, and supplies. 
 
 Note A. — In its annual reports to the Public Service Commission tlie reporting 
 corporation will be required to analyze the credits and debits to this account. 
 
 Note B. — ^Thls account does not include receipts from the sale of superseded 
 equipment, or of junk or other scrap or salvage. 
 
 424. Sale of Byproducts. 
 
 Credit to this account all revenue derived from the sale of ashes, cinders, 
 chemical waste, gas producer residuals, and other byproducts of electric 
 operations. 
 
 425. Joint Electric Rent Revenue. 
 
 When any corporation engages in electric operations for the production of 
 some of its product for the benefit of another or others under an arrangement 
 for apportioning the expense upon the basis of the relative amounts <pf benefit 
 to the several participants in the arrangement, if such arrangement provides 
 for the receipt by the corporation of any profit or return upon its property, 
 such profit or return upon property shall, as it accrues, be credited month 
 by month to this account. Such profit or return must be over and above any 
 provision for wear and tear and depreciation of plant involved in the said 
 production, and the amount thereof must be as provided in the arrangement 
 under which the joint production occurs. 
 
 426. Break-down Service. 
 
 Credit to this account all revenjies derived from the insurance of a supply 
 of electric energy to a stipulated amount to concerns ordinarily producing 
 their own or procuring it from other sources than the corporation acting as 
 insurer. 
 
 427. Other Miscellaneous Electric Revenue. 
 
 Credit to this account all revenues derived from others than municipal cor- 
 porations for the supply of electric energy and service and from other electric 
 operations not includible in any of the foregoing accounts. 
 
34 Pu3Lic Service Commission — First Distkict ' 
 
 13. Revenue from Outside Operations.— rThe detailed revenue accounts 
 for operations other than the above mentioned will be provided for elsewhere. 
 
 14. Operating Expenses defined, — By the operating expenses of a corpo- 
 ration are meant such expenses as are necessary to the maintenance of the 
 corporate organization, the rendering of services required or authorized by 
 law, the sale of merchandise, . the production (including herein capital con- 
 sumed) and disposition pf the commodities produced, and to die collection 
 of the revenues thereof or. Expenses directly incident to the cpUection of non- 
 operating revenues and the maintenance of the property from which non- 
 operating revenues are derived are excluded from, operating expenses. 
 
 15. Definitions of certain terms used in connection with expense 
 accounts. — Except where some other meaning is clearly specified in the 
 definitions of the accounts, the following words, wherever used hereunder, 
 have the meanings :below stated : 
 
 Post means cash or money cost, and not price based on a term of credit. 
 
 Labor means human services of whatever character. 
 
 Cost of /o6or includes wages, salaries, and fees p^id to persons. for their 
 s^yice*., , . ; , , 
 
 Cost of materials .and supplies includes, all specifically assignable transporta- 
 tion charges incurred in obtaining the delivery of such materials and sup- 
 plies upon the premises of, the purpliaser, and cost of any special ;tests made 
 thereon prior to their acceptance ; and in, case the accounting person or cor- 
 poration desires, it may include a suitable proportion of store expenses (when 
 the materials and supplies are passed through stores) and the cost of further 
 transportation to the place of consumption, and a suitable proportion of the 
 expenses of the purchasing' department, in which' case a corresponding credit 
 shall be made to the suitable exipiense account as hereinafter provided. 
 
 Cost of repairs', when made by the accounting person or corporation, in- 
 cludes cost of labor expended and material consumed, less salvage, if any. 
 
 Note. — ^It is not required that the transportation element of cost shall be as- 
 signed T?-ith a greater degree of accuracy than to the nearest cent per unit of 
 material or supply. Where a, single transportation item covers a multitude of 
 things the pdHlon of the expense ndt assigned to specific things should be charged 
 tO' the same account that store expenses are charged to. 
 
 16. Definitions of Electric Operating Expense accounts. — In the follow- 
 ing definitions of accounts the letters and numbers prefixed to the titles are 
 inserted solely for convenience of reference and are no part ojf the titles or 
 of the definitions : 
 
 GENERAL ACCOUNTS. 
 
 I. Production Expenses. 
 
 II. Transmission Expenses. 
 
 III. Electric Storage Expenses. 
 
 IV. Distribution Expenses. 
 V. Utilization Expenses. 
 
 VI. Commercial Expenses. 
 VII. General and Miscellaneous Expenses. 
 
 I. PRODUCTION EXPENSES. 
 
 Note. — In case the accounting corporation operates two or more separate and 
 distinct plants for the piroductipn pf electric energy, it Will be required to keep 
 (with the detail herein prescribed) separate accounts covering production at the 
 
Uniform. Accounts— ^Electkical Corporations 35 
 
 several plants. In case the clroumstanoes of any corporation make It Impractloa- 
 ple to allocate the cost of Its station labor among the accounts, below prescribed, 
 It should petition the Public Service Commission for permission to consolidate two 
 or more of them. Such application mtist set out iff fuUthfe facts which In the 
 Judgment of the petitioner make such allocation impracticable. 
 
 ESOla. Station Superintendence aNd Care. 
 Charge to this account salaries and personal expenses of superintendents 
 and assistants, chemists, clerks, janitors, watchmen, elevatortnen, and also 
 that portion of the salaries and expenses of the engineering staflf assign- 
 able to the generating plant. 
 
 ESOlb. Boiler Labor. 
 
 Charge to this account the cost of labor in boiler room and elsewhere in 
 and about the premises having to do with making steam. This includes such 
 labor as that of fire room engineers and assistants, water tenders, firemen, 
 coal handlers, ash handlers, boiler cleaners, and feed-pufflp men. 
 ESOlc. ProdiJcer Labor. 
 
 Charge to this account the cost of all labor in and about the premises hav- 
 ing to do with, the production of power gas. 
 
 ESOld. Engine Labor. 
 
 Charge to this account the cost of labor on prime movers of all kinds. 
 This includes such labor as that of chief engineers and assistants, engineers, 
 oilers, wipers, and machinists. 
 
 ESOlp. Electric Labor. 
 
 Charge to this account the cost of all labor in connection with the electric 
 generating apparatus and devices, beginning with the generators direct con- 
 nected or belted to the prime movers, and including the switchboard, feeder 
 terminal board, and to where the electric current leaves the station for the 
 transmission or distribution system. This includes such labor as that of 
 system operators or load dispatchers; foreman over regulators, regulators, 
 and assistants ; switchboard men, brushmen, wipers, and wiremen. 
 E502a. Fuel for Steam. 
 
 Charge to this account the cost of fuel, whether coal or oil, used under the 
 boilers for electric generation, at tlie cost delivered in the bunkers or tanks; 
 also any' special expense incurred in disposing of ashes. 
 
 Note. — No portion of thS cost of boiler rbom labor shall be charged to this 
 account. 
 
 E502b. Fuel for Producer Gas. 
 Charge to this account the cost of fuel used for generating producer gas. 
 
 ES03a. Water for Steam Power and Gas. 
 Charge to this account the cost of water for boilers, for condensers and 
 for cooling gas engines; also the cost of boiler compound. Water used for 
 general station purposes is not to be included. 
 
 ES03b. Water for Hydraulic Power. 
 Charge to this account the cost of all water purchased for the purpose of 
 operating hydraulic iiower plants in the electric department. 
 ES04. Lubricants for Power. 
 Charge to this account the cost of lubricants for machinery in the gener- 
 ating station; but rtbt oil for transformers, grestse for wagons, or oil for 
 lanterns. 
 
36 Public Service Commission — First District 
 
 ESOSa. Production Supplies. 
 
 Charge to this account the cost of all supplies, tools, etc., used in the 
 generating plant which are consumed in the operating process, the replace- 
 ment of which does not constitute a repair or renewal ; also the cost of 
 repairs of such tools. This includes such matters as waste, packing, wipers, 
 gauge glasses, gauge washers, manhole gaskets, handhole gaskets, fire room 
 tools, steam and air hose, bolts, screws, nails, tools, dynamo brushes, etc. 
 ESOSb. Station Expense. 
 
 Charge to this account the general and miscellaneous expenses in the 
 generating plant not specifically chargeable to other accounts, including such 
 matters as lighting, heating, and cleaning systems ; fire protection system ; 
 janitors' supplies; ice and water; telephone and toilet services at station; 
 and care of streets, yards, and sidings. 
 
 ES07. Repairs of Power Plant Buildings. 
 
 Charge to this account the cost of repairs of buildings and structures used 
 for power station purposes ; cost of repairs of fixtures therein ; cost of main- 
 taining walks, driveways, and grounds connected with such buildings ; cost of 
 delivering material, including freight charges, if any ; and all incidental 
 expenses connected with the maintenance of such buildings and structures. 
 
 The term "buildings and structures," in addition to embracing the build- 
 ings proper, shall be understood to include fixtures when immovable and 
 built in as a part of the structure ; permanent foundations and piers ; pipes 
 for gas, water, sewerage, and drainage ; apparatus for heating, lighting, and 
 ventilating; freight and passenger elevators with fixtures and appurtenances; 
 platforms ; appliances for protecting buildings against fires ; fences, walls, 
 sidewalks, and pavements within the limits of grounds immediately adjacent 
 to such buildings. 
 
 Note. — The cost of replacement of a building or structure, when In excess of 
 $100, shall be treated through the appropriate capital account; when less, than 
 $100, It may be charged directly to this account or a sub-account hereunder. 
 
 ESOSa. Repairs of Furnaces and Boilers. 
 
 Charge to this account the cost of repairing boilers and furnaces, including 
 specially provided foundations and settings, iron smokestacks, and such mat- 
 ters as brick work, bridge wall, arches, jambs, grate bars, stoker bars and 
 webs, furnaces, valves, superheaters, damper regulators, and tubes. 
 ESOSb. Repairs of Boiler Apparatus. 
 
 Charge to this account the cost of repairing feed water, coal and ash 
 handling systems, and auxiliary apparatus in the fire room ; including such 
 matters as feed pumps, blower engines, coal conveyor, digger, trolley and 
 cable tower, crusher and belt links, brackets, wheels, chutes and gates ; ash 
 conveyor cars, winches, motors, buckets, shaft, chain, and wheels; filters, 
 boiler compound injector and pump; heaters, primary and secondary; econo- 
 mizers, and water meters. 
 
 ESOSc. Repairs of Steam Accessories. 
 Charge to this account the cost of repairing the piping system in connec- 
 tion with the making of steam and delivery thereof to the prime movers; 
 including such matters as water feed piping, cold main, hot main, water 
 suction, valves, joints, jackets, ash pit drains and ash pocket syphons, 
 oil drains from engine crank pits, receiving tanks, filter pumps to engine valve 
 steam and exhaust line systems, sewer connections, and air line. 
 
Uniform Accounts — Electrical Corporations 37 
 
 ES09a. Repairs of Reciprocating Engines. 
 
 Charge to this account the cost of repairing reciprocating steam engines 
 used in the power plant. 
 
 E509b. Repairs of Steam TtmBiNES. 
 
 Charge to this account the cost of repairing steam turbines used in the 
 power plant. 
 
 ES09c. Repairs of Other Steam Engine Equipment. 
 
 Charge to this account the cost of repairing apparatus auxiliary to the 
 prime movers, including such matters as condensers, packing tubes, renewing 
 tubes, heads and doors, and miscellaneous; and pumps, air and circulat- 
 ing, wet vacuum, dry vacuum, and oil systems, but excluding the power 
 conveying apparatus. 
 
 ESlOa. Repairs of Dams, Canals, and Pipe Linf-s. 
 
 Charge to this account the cost of repairing hydraulic structures. Such 
 structures include dams, embankments, etc., for impounding water, and 
 all appurtenant gates, valves, weirs, wasteways, canals, conduits and other 
 channels (including riprap, lining walls, etc.), pipe lines, aqueducts, and sup- 
 porting trestles, etc., forebays and appurtenant sieves and grids, waste- 
 ways, etc., and all viaducts, bridges, foot-bridges, etc., over and accessory 
 to or necessitated by such canals, aqueducts, and pipe lines ; also the waste- 
 ways conducting water from the outlet of the draft-tube to the point of 
 final discharge. 
 
 ESlOb. Repairs of Turbines and Water-wheels. 
 
 Charge to this account the cost of repairing wheel-gates, turbines, and 
 other hydraulic apparatus from the inlet valve to and including the wheel 
 governor and to the outlet of the draft-tube. 
 
 ESlla. Repairs of Gas Producers and Accessories. 
 
 Charge to this account the cost of repairing apparatus devoted to the 
 generation of producer gas to be consumed in gas engines in the electric 
 generating station; also the cost of repairing gas conductor and exhaust 
 pipes and other auxiliary gas power apparatus. This includes producers, 
 economizers, regenerators, vaporizers, steam injectors, scrubbers, ex- 
 hauster outfits, seals, specially provided boilers and pumps, flues and pip- 
 ing, blower engines, holders, etc. Power conveying apparatus is not in- 
 cluded herein. 
 
 ESI lb. Repairs of Gas Engines. 
 
 Charge to this account the cost of repairing gas engines devoted to the 
 production of electric energy, including inlet valves, governors, and ignition 
 and starting apparatus. 
 
 E512a. Repairs of Electric Generators. 
 
 Charge to this account the cost of repairing dynamos, alternators, and 
 other electric generating apparatus driven by steam, water, or gas power ; 
 and rotaries and motor generating sets, exciters, etc., when not installed 
 in connection with transmission systems. 
 
 E512b. Repairs of Accessory Electric Equipment. 
 
 Charge to this account the cost of repairing the electric generating ap- 
 paratus not includible in the foregoing account. This includes bus-bars, 
 regulators, station cables, station switchboards and equipment, such as 
 circuit-breakers, switches, ammeters, voltmeters, wattmeters, etc. (and 
 their specially provided foundations and settings), and the station term- 
 
58 Public Service Commission — First District 
 
 inal board; also head-gate motors, pump motors, air compressor motors, 
 etc., and special high-tension transmission equipment at power stations, 
 such as high-tension bus-bars, high-tension switchboards, high-tension 
 switches, high-tension current transformers, high-tension lightning arrest- 
 ers, high-tension potential transformers, high-tension reactive coils, high- 
 tension choke coils, high-tension grounding devices and resistances, high- 
 tension raising and lowering transformers, etc., but not wiring for light- 
 ing the station. 
 
 ES13a. Repairs of Station Tools and Implements. 
 
 Charge to this account the cost of repairing station tools and imple- 
 ments that have been capitalized (except fire tools, elsewhere provided 
 for). Among the principal items in this account are blacksmiths', ma- 
 chinists', and pipe fitters' tools, pump room tools, engine tools, and cut- 
 ting tools. 
 
 E513b. Repairs of Miscellaneous Station Equipment. 
 
 Charge to this account the cost of repairing station apparatus not in- 
 cludible in the foregoing repair accounts, particularly the power trans- 
 mission equipment, such as shafting, belting, and clutches; motors, hoists, 
 and cranes, etc. 
 
 ES14. Steam from Other Sources. 
 
 Charge to this account the cost of all purchased or jointly produced 
 steam consumed in the power plant of the electric department. 
 
 Note. — ^In case such steam Is jointly produced, L e., produced by another person 
 or corporation under a Joint arrangement for sharing the cost of production In 
 proportion to the benefits to the several participants, the charge to this account 
 may Include a ppportlon to cover depreciation of plant employed as well as the 
 proportion of direct expense, but It must not Include any allowance or return 
 upon the cost or value of the plant. Such allowance or return upon property must 
 be charged to account No. 922f, "Other Rent Deductions". (See page 53.) 
 
 ESIS. Power Gas from Other Sources. 
 Charge to this account the cost of all gas consumed in the gas power 
 plants of electric generating stations, but not produced in the electric 
 department; this includes the cost of gas produced for the corporation 
 by another corporation under any joint arrangement for the sharing of 
 expense (upon the basis of the relative amounts of benefit to the several 
 participants), inclusive of provision in such expense for depreciation of 
 plant, but exclusive of allowance for profit or return upon the value of 
 property used in such production. 
 
 ES16. Electric Energy from Other Sources. 
 ^ Charge to this account the cost, at the point of delivery to the corpora- 
 tion, of all electric energy purchased or produced for the corporation by 
 another corporation under any joint arrangement for the sharing of ex- 
 pense (upon the basis of the relative amounts of benefit to the several 
 participants), inclusive of provision in such expense for depreciation of 
 plant, but exclusive of allowance for profit or return upon the value of 
 property used in such production. 
 
 II. TRANSMISSION EXPENSES. 
 ES21a. Transmission Subway Rent. 
 Charge to this account the rents payable accruing for ducts leased from 
 other corporations or from a municipal corporation. 
 
 Note. — ^In case the rented subway Is used for distribution as \vell as for trans- 
 mission, the rent should be apportioned between this account and account- -Nr^ 
 E521b, "Distribution Subway Rent". 
 
Uniform Accounts^Electrical Corporations 39 
 
 E522a. Transmission Pole and Fixtuke Repairs. 
 
 Charge to this account the cost of repairing and renewing poles, cross- 
 arms, and insulator pins; braces, brackets, and other pole fixtures; guys 
 and other supports for holding the poles, towers, and other structures in 
 position; also repairs of towers and other structures maintained primarily 
 for supporting the overhead transmission system. 
 
 This account does not include insulators. 
 
 NOTD A. — The cost of repairing and renewing poles and fixtures which carry 
 both transmission and distribution conductors should be apportioned between this 
 account a;nd account No. E522b, "Distribution Pole and Fixture Repairs". 
 
 Note B. — The cost of replacement of towers and other structures maintained 
 primarily for supporting the overhead electric construction shall, when the Indi- 
 vidual costs of the same equal or exceed $100, be treated through the appropriate 
 capital accounts. When the Individual cost Is less than $100, the replacement 
 may be charged directly to this account. 
 
 E523a. Transmission Underground Conduit Repairs. 
 
 Charge to this account the cost of patrolling and inspecting as well as 
 repairing transmission underground conduits, including renewing ducts 
 and pipes, enlarginf and repairing manholes re-paving streets over such 
 structures, etc. This account does not include any repairs of conductors 
 or of the insulation thereof. 
 
 Note. — ^The cost of maintaining underground conduits which carry both trans- 
 mission and distribution conductors should be apportioned between this account 
 and account No. £i623b, "Distribution Underground Conduit Repairs". 
 ES24a. Overhead Transmission System Repairs. 
 
 Charge to this account the cost of repairing and maintaining overhead 
 trunk lines between generating and sub-stations, including patrolling and 
 testing, and all repairs. 
 
 Note A- — This account does not Include the cost of repairing poles and fixtures, 
 for which see account No. Ei522a, "Transmission Pole and Fixture Repairs". 
 
 Note B. — When the electric current generated (or received from another corpo- 
 ration) Is conducted, either at the voltage of generation (or receipt) or at a 
 higher voltage, to a point where It Is (a) lowered In voltage by means of step- 
 down transformers, or changed as to lilnd or frequency by means of (b) motor 
 generator sets, (c) rotary converters, or (d) frequency changers, that portion of 
 the outside line or conductor system antecedent to the said stepdown trans- 
 formers, motor generator sets, rotary converters, or frequency changers, shall 
 be classed as the Transmission System ; except, however, that primary wiring In 
 lighting systems at not to exceed 4,400 volts, 4-wlre, 3-phase, shall be classed as 
 a part of the Distribution System. Tle-Unes between generating stations and sub- 
 stations shall follow the same rule. Line transformers are not Included among 
 the "stepdown transformers" above mentioned. 
 
 ES24b. Underground Transmission System Repairs. 
 
 Charge to this account the cost of inspecting and repairing underground 
 transmission cables. 
 
 ES25. Sub-station Labor. 
 
 Charge to this account the cost of all labor^ employed in superintend- 
 ing and operating sub-stations, including not only that of regulators, 
 brushmen, and others engaged in operating the electric apparatus, but 
 also that of clerks, janitors, watchmen, etc. 
 
 E526. Sub-station Supplies and Expenses. 
 
 Charge to this account the cost of supplies consumed and expenses in- 
 curred in connection with the operation of sub-stations, such as telephone 
 rents, light, heat, etc. 
 
40 Public Service Commission — First District 
 
 ES27. Repairs of Sub-station Buildings. 
 
 Charge to this account the cost of repairing sub-station buildings and 
 permanent fixtures therein, including grounds and adjacent streets, vaults, 
 sheds, pits, sidewalks, etc. 
 
 ES28. Repairs of Sub-station Equipment. 
 
 Charge to this account the cost of repairing apparatus in sub-stations, 
 including sub-station cables, switchboards and instruments, station term- 
 inal board, etc. 
 
 Note. — This account should not Include the cost of repairing any storage bat- 
 tery equipment, for which see account No. B529d, "Repairs of Storage Battery 
 Accessories" 
 
 III. ELECTRIC STORAGE EXPENSES. 
 Note. — In case any electrical corporation desires to keep fewer accounts cover- 
 ing Its electric storage expenses, It will, until otherwise ordered, be allowed to 
 consolidate any two or more of the four accounts here prescribed. In such case, 
 the corporation must (before consolidating) file with the Public Service Commis- 
 sion a notice of such consolidation, specifying the accounts to be consolidated. 
 Such notice must be in the form prescribed in the order covering these accounts. 
 
 ES29a. Storage Battery Labor. 
 Charge to this account the salaries and personal expenses of superin- 
 tendent, clerks, and batterymen, including inspectors and testers. 
 ES29b. Storage Battery Supplies. 
 Charge to this account the cost of acid and distilled water in cells, 
 soda, sponges, brooms, mops, waste, rags, hydrometers, thermometers, 
 automatic cell fillers, rubber hose, gloves, shoes, paint, etc., and brushes 
 for boosters and compensators. 
 
 E529c. Storage Battery Renewals. 
 Charge to this account the cost of renewing worn-out cells, including 
 diaphragms, negative and positive plates, lead in strip, spelter, pails, can- 
 dles, dry boards, tank bands, sheet lead, glass plates, glass covers hydro- 
 gen generators, jumpers, clamps, lampblack, etc. 
 
 ES29d. Repairs of Storage Battery Accessories. 
 Charge to this account the cost of repairing tanks, battery room floor, 
 switches, regulating apparatus, boosters, and compensators. 
 
 IV. DISTRIBUTION EXPENSES. 
 E53L Electric Distribution Superintendence. 
 Charge to this account the salaries and personal expenses of superin- 
 tendents and clerks, and also that portion of the salaries of the engineer- 
 mg staff of the company which is assignable to distribution. 
 E532a. Electric Distribution Maps and Records. 
 Charge to this account the cost of maps and records of overhead and 
 underground lines, including salaries and personal expenses of mappers 
 and draftsmen, cost of drawing material, etc. 
 
 E532b. Electric Distribution Office Expense. 
 Charge to this account the cost of ail other supplies and expenses of 
 the office of the superintendent of the distribution department. 
 
Uniform Accounts — Electrical Corporations 41 
 
 E533. Setting and Removing Meters and Transformers. 
 
 Charge to this account the cost of all supplies consumed and all ex- 
 penses incurred in connection with the operation of service transformers 
 and consumers' meters. This includes such matters as setting and re- 
 moving such transformers and meters, connecting and disconnecting 
 services, and the like. 
 
 Note. — In case it Is the policy of the accounting corporation to charge the cost 
 of the first setting of consumers' meters to capital, such charge should be made to 
 account No. E167b, "Electric Meter Installation". 
 
 E521b. Distribution Subway Rent. 
 
 Charge to this account the rents payable accruing for underground con- 
 duits used for distribution conductors. 
 
 Note. — In case the rented subway Is used for transmission as well as for dis- 
 tribution, the rent should be apportioned between this account and account No. 
 B521a, "Transmission Subway Rent". 
 
 ES22b. Distribution Pole and Fixture Repairs. 
 
 Charge to this account the cost of repairing and removing poles, cross- 
 arms, and insulator pins; braces, brackets, and other pole fixtures; guys 
 and other supports for holding the poles, towers, and other structures in 
 position; also repairs of towers and other structures maintained primarily 
 for supporting the overhead distribution system. 
 
 This account does not include insulators. 
 
 Note A. — ^The cost of repairing poles and fixtures that carry both transmission 
 and distribution conductors should be apportioned between this account and ac- 
 count No. E522a, "Transmission Pole and Fixture Repairs". 
 
 Note B. — ^The cost of replacement of towers and other structures maintained 
 primarily for supporting the overhead electric construction shall, when the Indi- 
 vidual costs of the same equal or exceed $100, be treated through the appropriate 
 capital accounts. When the individual cost is less than $100, the replacement 
 may be charged directly to this account. 
 
 ES23b. Distribution Underground Conduit Repairs. 
 
 Charge to this account the cost of maintaining subways and under- 
 ground conduits, including repairs of the tube, of manholes, of paving 
 over such subways and of all ducts and conduits, but not any repairs of 
 conductors or of the insulation thereof. 
 
 Note. — The cost of maintaining (Including patrolling and inspecting) under- 
 ground conduits and subways which carry both transmission and distribution con- 
 ductors should be apportioned between this account and account No. K523a, 
 "Transmission Underground Conduit Repairs". 
 
 ES34a. Overhead Distribution System Repairs. 
 Charge to this account the cost of patrolling, testing, and repairing the 
 overhead conductors in the distribution system. 
 
 E534b. Edison Tube System Repairs. 
 Charge to this account the cost of inspecting, testing, and repairing the 
 Edison tube system, including junction boxes, tubing and conductors, 
 coupling boxes, etc. 
 
 E534c. Other Underground Distribution System Repairs. 
 Charge to this account the salaries and expenses of patrolmen, test- 
 ers, etc., as well as the cost of repairing damaged subway distribution con- 
 ductors. 
 
 ES3Sa. Repairs of Electric Services. 
 Charge to this account the cost of repairing underground and over- 
 head services leading from the mains to the consumers' premises. 
 
42 Public Service Commission — First District 
 
 ES3Sb. Repairs of Transformers. 
 
 Charge this account the cost of labor and material consumed in main- 
 taining transformers, including renewing oil, re-painting, te-winding, re- 
 moval and replacing; also repairs of such switches and cut-outs as are the 
 property of the corporation in consumers' premises. 
 E536a. Electric Meter Operation. 
 
 Charge to this account the salaries and expenses of superintendents 
 and clerks in the meter bureau, and also that portion of the salaries of 
 the engineering stafiE of the corporation assignable to this account; also 
 the cost of light, heat, ice, water, and other supplies and expenses in con- 
 nection with the meter-testing bureau; and the cost of testing meters on 
 consumers' premises or in meter shops. 
 
 ES36b. Electric Meter Repairs. 
 
 Charge to this account the cost of repairing meters in the distribution 
 service including new parts, new jewels, cleaning, and painting. 
 
 V. UTILIZATION EXPENSES. 
 S41a. Commercial Arc Labor. 
 Charge to this account the cost of labor employed in trimming and in- 
 specting arc lamps on private consumers' premises and in municipal 
 buildings. 
 
 S41b. Commercial Arc Supplies. 
 
 Charge to this account the cost of all supplies (such as carbons, globes, 
 etc.) for arc lamps on private consumers' premises and in municipal 
 buildings. 
 
 542. Commercial Arc Repairs. 
 
 Charge to this account the cost of keeping in repair private consumers' 
 arc lamps and those in municipal buildings ; including such matters as setting 
 and removing lamps, repairing parts, changing for repairs and adjustment, 
 and testing during adjustment and after repairs. 
 
 S43a. Commercial Incandescent Installation. 
 
 Charge to this account the cost of thd first installation of incandescent 
 lamps on consumers' premises (including cartage and delivery expenses) 
 unless consumer is charged for the first installation, or unless it is proper 
 to charge such first installation to capital. (See account No. E173, page 
 16.) 
 
 543b. Commercial Incandescent Renewals. 
 
 Charge to this account the cost of renewing incandescent lamps on 
 consumers' premises (including cartage and delivery expense) and cost 
 of photometering incandescent lamps. Credit to this account any rebate 
 received for the return of stubs, or allowances relating thereto. 
 S44a. Inspection of Consumers' Premises. 
 
 Charge to this account the cost of inspection of consumers' premises, 
 including such matters as the charge for municipal certificates, charge for 
 Board of Fire Underwriters' inspection certificates, and that portion of 
 the salaries and expenses of the engineering staff or of other departments 
 than the distribution department engaged in technical work properly 
 assignable to this account. 
 
 S44b. Repairs of Consumers' Installations. 
 
 Charge to this account the cost of all labor and material furnished to 
 consumers for inside work without special charge, including such matters as 
 
Uniform Accounts — Electrical Corporations 43 
 
 attention to complaints or to improving the character of service, replacing or 
 repairing wiring fixtures or electric appliances, moving appliances from 
 place to place in houses and re-connecting the same, etc. 
 
 S4Sa. Municipal Street Arc Labor. 
 Charge to this account the cost of labor employed in trimming and in- 
 specting the arc lamps of the municipal street lighting system. 
 
 S4Sb. Municipal Street Arc Supplies. 
 Charge to this account the cost of carbons, globes, etc., for the arc lamps 
 of the municipal street lighting system. 
 
 546. Municipal Street Arc Repairs. 
 Charge to this account the cost of changing location of lamp posts, chang- 
 ing lamps for repairs and adjustments, renewals, repairs of mast arms, 
 hangers, poles, ropes, etc., and painting poles; also that portion of the arc 
 lamp shop expense assignable thereto. 
 
 S47a. Municipal Street Incandescent Installation. 
 Charge to this account the cost of the first installation of incandescent 
 lamps in the municipal street lighting system, unless it is paid by the 
 municipal corporation, or the lamps are of such character that it is proper 
 to charge to capital. (See account No. E173, "Glower Lamps," page 16.) 
 
 S47b. Municipal Street Incandescent Renewals. 
 Charge to this account the cost of renewing incandescent lamps in the 
 municipal street lighting system. 
 
 548. Municipal Street Incandescent Repairs. 
 
 Charge to this account the cost of repairing municipal incandescent street 
 lamps and fixtures. 
 
 Note. — ^Thls does not Include Items chargeable to maintenance of poles and 
 their fixtures, or of subways, or conductors. 
 
 VL COMMERCIAL EXPENSES. 
 E55L Commercial Administration — Electric. 
 Charge to this account the matters prescribed under the following heads : 
 
 a. Commercial Department Indexing : This covers the cost of indexing 
 meters, including indexers' lamps. 
 
 b. Commercial Department Collecting : This covers the expense of the col- 
 lection bureau, including collectors' salaries or commissions, badges, car 
 fares, and delivering bills. 
 
 c. Commercial Department Contracts: This covers such part of the cost 
 of the contract department as is not assignable to the Promotion Office, in- 
 cluding attention to bill questions. 
 
 d. Commercial Department Accounting: This covers the cost of keeping 
 the accounts of consumers, being a proportion of the salaries and expenses 
 of general officer and assistants in charge of the commercial department, 
 and salaries of bookkeepers and all clerks in the accounting department 
 having to do with consumers' accounts. 
 
 e. Commercial Department Miscellaneous: This covers all expenses in- 
 curred in selling electric power and products, in determining the amount 
 of such sales, in making collections, and in keeping account of such sales 
 
44 Public Service Commission — First District 
 
 and collections as are not includible in the accounts of the indexing, account- 
 ing, collection, and contract divisions, or in the following accounts for pro- 
 motion expenses. 
 
 ESS2. Promotion Office Expense — Electric. 
 Charge to this account the matters prescribed under the following heads : 
 
 a. Promotion Management: This covers the cost of administration of 
 the department maintained for the promotion or development of electric con- 
 sumption, including that portion of the salaries and expenses of manage- 
 ment and clerks in agency and contract departments assignable to new 
 business. 
 
 b. Demonstrations: This covers the cost of labor and expenses incurred 
 in demonstrating the use of electric lamps and appliances for the purpose 
 of obtaining new business. 
 
 c. Other Promotion Office Expense : This covers the office expenses of the 
 promotion or new business department. 
 
 ESS3. Advertising — Electric. 
 Charge to this account the matters prescribed under the following heads: 
 
 a. Advertising Salaries and Expenses: This covers the salaries and per- 
 sonal expenses of the advertising manager and clerks. 
 
 b. Advertising Sundries : This covers the cost of commercial advertising 
 sundries, including booklets, dodgers, newspaper advertisements, posters, 
 bulletins, and all related items. 
 
 ESS4. Canvassing and Soliciting — Electric. 
 Charge to this account all expenses incurred in soliciting new business, 
 including wages, commissions, and personal expenses of canvassers, cost of 
 preparing estimates, engineering advice on wiring, etc., and office sundries 
 in connection therewith. 
 
 ESSS. Promotion Wiring and Devices. 
 Charge to this account the matters prescribed under the following heads: 
 
 a. Promotion Wiring : This covers the cost of wiring in consumers' prem- 
 ises furnished without special charge in order to induce new business. 
 
 b. Promotion Signs and Devices: This covers the cost of electric signs and 
 other devices (including delivery and connection charges, and expenses in 
 connection therewith) supplied to consumers without special charge in order 
 to develop new business. 
 
 VII. GENERAL AND MISCELLANEOUS EXPENSES. 
 E833. Salaries and Expenses of General Officers. 
 Charge to this account the salaries and traveling and incidental expenses 
 of the chairman of the board, president, vice-president, treasurer, secretary, 
 comptroller, general auditor, general manager, assistant general manager, 
 chief engineer, general superintendent, purchasing agent, and all other officers 
 whose jurisdiction extends to the entire system and whose services can not 
 be satisfactorily allocated to the several departments. 
 
 E834. Salaries and Expenses of General Office Clerks. 
 Charge to this account the salaries and traveling and incidental expenses 
 of general office auditors, bookkeepers, cashiers, paymasters, stenographers 
 
Uniform Accounts — Electrical Corporations 45 
 
 clerks employed in counting cash, and all other clerks employed in the 
 general office. 
 
 Note. — Cost of labor of clerks In the commercial department shall be chargred 
 to abcount No. B551, "Commercial Administration — ^Electric". (See page 43.) 
 E835. General Office Supplies and Expenses. 
 
 Charge to this account the cost of office supplies, repairs of office 
 furniture, and renewals of such furniture as has not been capitalized; 
 wages of janitors, porters, and messengers; rent of rootns in office build- 
 ings, repairs of such rented rooms, and all other miscellaneous expenses 
 of general offices. Office expenses of departmental officers must be charged 
 to the proper departmental accounts. 
 
 Note. — Rents charged to this account will be required to be reported separately. 
 
 E836. General Law Expenses. 
 
 Charge to this account all law expenses except those incurred in the 
 defense and settlement of damage claims. This includes salaries and ex- 
 penses of all counsel, solicitors, and attorneys, their clerks and attendants, 
 and expenses of their offices; cost of law books, printing briefs, legal 
 forms, testimony, reports, etc.; fees and retainers for services of attor- 
 neys not regular employees; court costs and payments of special,, notarial, 
 and witness fees not provided for elsewhere; expenses connected with taking 
 depositions, and all law and court expenses not provided for elsewhere. 
 
 Note. — ^The compensation of the general SDllcltor or counsel or other attorneys 
 engaged partly In the defense or settlement of damage suits and partly In other 
 legal work, should be properly apportioned between this account and account 
 No. E847b, "Law Expenses Connected with Damages". 
 
 E837. Miscellaneous General Expenses. 
 
 Charge to this account the cost of telephone service, telegrams, and 
 other miscellaneous expenses (including all expense specially incurred 
 in connection with the utilization and sale of byproducts, such as battery 
 and other chemical waste, etc.) connected with the general management 
 not otherwise provided for. 
 
 E838. Insurance. 
 
 Charge to this account premiums paid to insurance companies for fire, 
 fidelity, boiler, casualty, burglar, and all other insurance; also amounts 
 set aside as an insurance reserve. 
 
 Note. — In their reports to the Public Service Commission corporations will be 
 required to report the charges made to this account for the various kinds of In- 
 surance, and for self-insurance. 
 
 E839. Relief Department and Pensions. 
 
 Charge to this account (a) all salaries and expenses incurred in con- 
 nection with conducting a relief department; also contributions made to 
 such department. Charge also (b) all pensions paid to retired employees, 
 and expenses in connection therewith. 
 
 E840. Electric Franchise Requirements. 
 
 Charge to this account the cost of all energy and materials and sup- 
 plies furnished to municipal corporations in compliance with franchise 
 requirements and for which no payment is received by the corporation; 
 also of all direct expense, such as paving and other like matters, incurred 
 in compliance with such requirements and for which no reimbursement 
 
46 Public. Se^ivice Commission— First Disteict 
 
 is r£;<;eive(i by the corporation. Amounts Ghai;ged to this account, for 
 which there is no direct money outlay shall be credited to the below pro- 
 vided account, No. E8S3, "Duplicate Electri<; Charges — Cr." (See page 
 48.)' 
 
 E842. Generai, Amortization— i^Eleptric.;. • 
 
 Charge to this account month by month ;the amount estimated to be 
 necessary to cover such wear and tear and objolesence and inadequacy 
 as have accrued . during the month ii^i; the tangible .electric, capital of the; 
 corparation, such portion of the life of intangible fixed capital as has ex- 
 pired or been consumed during ^he month, and the amount estimated tp 
 be necessary to provide a reserve to cpver thq cos]t Ojf property destroyed 
 by extraordinary casualties; less the amounts charged for that month to 
 the various repair accounts in Electric Operating Expenses. The amount 
 charged (or credited) to this account shall be concurrently credi|ed (or 
 charged) to thei reserve account No. 374, "Accrued i^jnortizatiqn of Capi- 
 tal." (See page 27.) 
 
 Note A.rr-Untjl otherwise ordered, the "amount estimated to be necessary to 
 cover such wear and tear and obsolescence and Inadequacy as have accrued dur- 
 ing*' any month shall be based on a rule determined by the accounting corpora- 
 tion. Such rule may be derived from a consideration of the said corporation's 
 history and eiperlence-durij^g the preceding Ave years, and the accrual inay be on 
 the basl^ pf bllowatt-hour% sold. Amortization of Intangible capital shall likewise 
 ^e based on njle^ Whatever may be Itp basis, such rules and a sworn statement 
 of the fa<!ts ajid expert opinions and estimates upon which they are based shall be 
 filed Witt the Public Sei-vlce Cornmission on or before January 1, 1909 ; each 
 amendinent of any such rule and a sworn statement of the facts and expert opin- 
 ions and estimates upon which such amendment Is based shall be filed with the 
 Public Service Commission before It Is used by the acoounttng corporation, and 
 sjiall show the, date Svhen It is to be effective. Such rules and statements shall 
 b^e filed upon sheets 8% inches by 11 Inches or 9% inches by 12 Inches and shall 
 be entitled "Rule of the (here naming the accounting corporation) concerning 
 Amortization of Cai)Ital"- 
 
 Note B. — ^When any capital Is retired from service, the amount (estimated If 
 not known) originally charged to a capital Soeount In respect thereof shall be 
 credited to such capital account, and (except as provided In account No. BlOO, 
 "Fixed Capital, December 31, 1908,") tlie original money cost of such capital, less 
 salvage. If any, shall be charged to the reserve account, "Accrued Amortization of 
 Capital,-." any necessary adjusting entry being made In the proper account under 
 "Corporate Surplus or Deficit". Where capital is substantially continuous and 
 can n^t \>e satisfactorily Individualized, It ?hall be kept In efficient operating con- 
 dition through repair, and the renewals'and replacements pf parts thereqf shall be 
 considered repairs. In the case of buildings, towers, bridges, trestles, and other 
 separate structures capable of being readily Individualized, charges to this ao- 
 couYit must be sufficient to provide (In respect of such capital and except as pro- 
 vided In account No. BlOO, "Fixed Capital, December 31, 1908,")' In .the account 
 "Aoprued Amortization of Capital" by the time such structures go out of service 
 a reserye ^qiial to the original money cost thereof, less salvage, to which account 
 such original cost, less' salvage, shall be charged. 
 
 E84S. Electric Expenses Transferred— Cr. 
 
 Credit to this account the proportion of operating expenses (including 
 depreciation and other amortization sis well as repairs)' chargeable to 
 other coordinate departments (such as gas or Street railroad) within the 
 same corporation, defrayed in the first instance by the electric depart- 
 ment. 
 
 NoTS.— Do not credit to this account any allowance In the nature of rent or 
 return upon the cost or value of property. 
 
 E846. Joint Operating Expense— Cr. 
 When any plant or equipment is maintained or operated by the ac- 
 counting corporation for the joint benefit of itself and others under an 
 
Uniform Accounts — Electrical Corporations 4? 
 
 arrangement for apporttoning (on the basis of the relative amounts of 
 benefit to the several participants) the operating expenses, the portion of 
 such expenses chargeable to others under the arrangement shall be 
 credited to this account. The portion so credited must not include any 
 allowance for profit or return upon the value pf such property. 
 
 Note A. — The foregoing should be read In connection with the definition of 
 revenue account No. 425, "Joint Electric Bent Bevenuo". (See page 33.) 
 
 Note B. — In the case of the production of power part of which Is transferred 
 to another, If the arrangement under which such production occurs does not pro- 
 vide for the apportionment of expenses, the entire amount charged for the portion 
 supplied Is to be credited to the appropriate revenue account covering the sale of 
 power. (See accounts Nos. 404, 407, 409, 410, and 411, page 32.) 
 
 E847a. Accidents and Damages. 
 Charge to this account all expenses (other than law expenses provided 
 for in the succeeding account) on account of persons killed or injured 
 and property damaged in connection with the operation of the plant, as 
 enumerated under the following heads: 
 
 a. Claim Department Expense : This head includes salaries and expenses 
 of claim agents, investigators, adjusters, and others engaged in the in- 
 vestigation of accidents and adjustment of claims. 
 
 b. Medical Expenses: This head includes salaries, fees, and expenses of 
 surgeons and doctors; nursing, hospitU attendance, medical and surgical 
 supplies; fees and expenses of coroners and undertakers; and contribu- 
 tions to hospitals. 
 
 c. Injuries to Employees: This head includes amounts paid in settlement 
 of claims of employees for injuries arising in the course of their employ- 
 ment; also wages paid to disabled employees while off duty. 
 
 d. Other Personal Injuries and Property Damage : This hear! includes 
 amounts paid in settlement of claims of persons' other than employees 
 for personal injuries sustained in Connection with the operation of the 
 plant; also amounts paid in settlement of claims for damage to property 
 not owned by the accounting corporation. 
 
 e. Other Accident Expenses. 
 
 Note A. — In their annual reports to the Public Service Commission corporations 
 will be required to state separately the charges to this account under the head, 
 (c), "Injuries to Employees". 
 
 Note B. — If It is desired that the charge to operating expenses on account of 
 Injuries and damages shall be upon some arbitrary basis, the amount so charged 
 shall be credited to account No. 381, "Casualties and Insurance Beserve," and 
 the actual disbursements above enumerated shall be charged against such reser\-e 
 account. 
 
 E847b. Law Expenses Connected with Damages. 
 
 Charge to this account all law expenses in connection with the defense 
 or settlement of damage claims, including— 
 
 a. Salaries and Expenses of Attorneys: A proper proportion of the salary 
 and expenses of the general solicitor or counsel, and salaries, fees, and 
 expenses of attorneys engaged in this work. 
 
 b. Court Costs and Expenses: Fees of court stenographers, expenses con- 
 nected with taking depositions, and other court expenses. 
 
 c. Law Printing: Cost of law books, and cost of printing briefs, court 
 records, and similar papers. 
 
48 Public Service Commission — First District 
 
 Note A. — If It Is desired that the charge to operating expenses on account of 
 law expenses In connection with damages shall be upon some arbitrary basis, the 
 amount so charged shall be credited to account No. 381, "Casualties and Insurance 
 Reserve," and the actual disbursements above enumerated shall be charged 
 against such reserve account. 
 
 Note B. — The compensation of the general solicitor or counsel and other attor- 
 neys engaged partly In the defense or settlement of damage suits and partly In 
 other legal work should be properly apportioned between this account and account 
 No. E836, "General Law Expenses". 
 
 E848. General Stationery and Printing. 
 
 Charge to this account all expenses for stationery and printing, stationery 
 supplies, and postage, except as hereinafter provided: 
 
 The cost of printing briefs and other legal papers shall be charged to 
 account No. E836, "General Law Expenses," or No. E847b, "Law Ex- 
 penses Connected with Damages," in accordance with the purpose of the 
 printing. 
 
 The cost of printing signs, posters, and other advertising matter shall 
 be charged to account No. ESS3, "Advertising — Electric." 
 
 The cost of such mechanical calculators, typewriters, duplicating ma- 
 chines, and other office appliances as are not properly capitalized, shall, 
 if for use in general offices, be charged to account No. E83S, "General 
 Office Supplies and Expenses ;" or if for the use of departmental offices, 
 to the proper departmental accounts. 
 
 E8S0. Store Expenses. 
 
 Charge to this account all salaries and expenses in connection with 
 storerooms, including cost of sending material and supplies from general 
 storerooms to branch storerooms, and the collection of scrap material. 
 E;8S1. Stable Expenses. 
 
 Charge to this account the cost of feed, keep, and shoeing of horses, 
 wages of stablemen, hostlers, veterinary expenses, and all other expenses 
 of stabling horses; also the cost of repairing harness and vehicles. 
 
 Note. — The cost of horses purchased to replace others should be charged to 
 account No. B122, "General Equipment". 
 
 E852. Undistributed Adjustments — Balance. 
 
 At least once a year an inventory of materials and supplies shall be 
 taken, and the difference (in respect of any particular class of materials 
 and supplies) between the ledger and inventory balances debited or cred- 
 ited to this account in case it can not be assigned to a specific account. 
 Credit to this account all discounts recovered through the prompt pay- 
 ment of bills for materials and supplies consumed in operation, unless 
 such discounts are applied to the particular bills. 
 
 TToTE. — Where materials and supplies have been used in construction as well as 
 in operation, a suitable proportion of the shortages or overages disclosed by the 
 inventory may be debited or credited to account No. E286, "Miscellaneous Con- 
 struction Expenditures". 
 
 E8S3. Duplicate Electric Charges— Cr. 
 
 Credit to this account all charges made to any accounts in electric 
 operating expenses in respect of any electric power or other product of 
 electric operations of the corporation consumed therein. 
 
 17. Expenses of Outside Operations.,— The detailed expense accounts 
 for other than electric operations will be elsewhere provided for. 
 
Uniform Accounts — Electrical Corporations 49 
 
 18. Tax accounts.— An account shall be kept of the taxes chargeable 
 against each particular class of operations, and one for those chargeable 
 against non-operating revenues. Each tax account shall be appropriately en- 
 titled (as e. g., "Taxes Assignable to Electric Operations," "Taxes Assignable 
 to Non-operating Revenues," etc.), and shall be so kept as to show separately 
 the following: 
 
 State Franchise Tax on Capital Stock, 
 
 State Franchise Tax on Gross Earnings, 
 
 Special Franchise Tax, 
 
 Taxes on Land (exclusive of improvements). 
 
 Taxes on Improvements on Lands, 
 
 Taxes on Personal Property, 
 
 Other Taxes (showing in detail). 
 
 To each tax account there shall be charged monthly the amount of taxes 
 accruing during the month, and such amount shall be concurrently credited 
 to the account "Taxes Accrued" (or to the account "Prepaid Taxes," if such 
 tax is prepaid). The amount of taxes accruing during any month shall, 
 where the levy is unknown, be estimated as nearly as may be, and when the 
 levy is ascertained the matter shall be adjusted during, the remainder of the 
 tax year. For example, if at the beginning of a tax year the taxes on a 
 particular class of property are estimated to be $600 for the year, the monthly 
 charge on account of such tax should be $50 until the amount ot the levy 
 becomes known. If during, say the fifth month, it is found that the levy 
 for the year is $640, there will already have been charged up four months at 
 $50 per month, leaving $440 to be charged during the remainder of the year, 
 or $55 for the fifth month and each month thereafter during the remainder of 
 the year. 
 
 Such taxes as pertain to two or more classes of operations or to non- 
 operating revenues should be apportioned with regard to such operations and 
 non-operating revenues upon an equitable basis, which basis will be required 
 to be reported in the annual report of the corporation to the Public Service 
 Commission. 
 
 19. Uncollectible Bills. — For uncollectible electric bills the following 
 account is provided : 
 
 E870. Uncollectible Electric Bills. 
 When, after a reasonably diligent effort to collect, any account stated for 
 electric energy sold has proved impracticable of collection, it shall be charged 
 to this account and credited to the account receivable in which theretofore 
 charged. 
 
 20. Definitions of Non-operating Revenue accounts. — In the following 
 definitions of accounts the letters and numbers prefixed to the titles are in- 
 serted solely for convenience of reference and are no part of the titles or of 
 the definitions: 
 
 E901a. Rent Accrued from' Lease of Electric Plant. 
 Credit to this account monthly as they accrue all revenues flowing to the 
 corporation from its interests in electric plant or equipment held by others 
 under some form of lease whereby it surrenders possession of such property. 
 This account contemplates that the taxes on property so held are payable by 
 the tenant in possession and charged by him to the appropriate tax account 
 
50 Public Service Commission^ — First District 
 
 If under the contract of lease such taxes are payable by the lessor or its 
 assignee, such taxes shall be charged to this revenue account and not to any 
 of the lessor's tax accounts, nor to any of its expense accounts. 
 E901d. Miscellaneous Rent Revenues. 
 
 Credit to this account monthly as they accrue all miscellaneous rent rev- 
 enues fioviring to the corporation as a return upon leased property other than 
 electric plant and equipment. Such revenues shall be classified as follows: 
 
 Leasehold Revenues: That is to say, all revenues flowing to the corpora- 
 tion from its interests in property held by others under any lease the entire 
 term of which is greater than one year. This contemplates that the taxes 
 on property so held are payable by the tenant in possession and charged by 
 him to the appropriate tax account. If under the contract of lease such taxes 
 are payable by the lessor or its assignee, such taxes shall be charged to this 
 revenue account and not to any of the lessor's tax accounts, nor to any of 
 its expense accounts. 
 
 Other Rent Revenues : That is to say, all revenues flowing to the corpora- 
 tion from its interests in property held by others under any lease or contract 
 for a term not to exceed one year from the beginning of the term, or held 
 at will or upon sufferance. This account contemplates that the taxes on prop- 
 erty of this character shall be paid by the landlord and charged to the ap- 
 propriate tax account. If under the contract covering the holding for terms 
 of one year or less, or at will, the taxes are to be paid by the tenant, the 
 amount of such taxes shall be credited month by month to this account as 
 they accrue, and shall correspondingly be charged to the tax account cover- 
 ing taxes on property of this character. 
 
 Entries in this account must be made in such wise as to show separately 
 the classes above indicated, which will be required to be stated separa:tely in 
 the annual reports to the Public Service Commission. 
 E902. Interest Revenues. 
 
 Credit to this account monthly as it accrues all — ■ 
 
 Interest from Bound Investments: That is to say, all interest accruing to 
 the corporation upon such of its interest-bearing free investments (as here- 
 inbefore defined) as are liabilities of solvent concerns and individuals. 
 
 Interest from Free Investments: That is to say, all interest accruing to 
 the corporation upon such of its interest-bearing free investments (as here- 
 inbefore defined) as are liabilities of solvent concerns and individuals. 
 
 Interest 'from Other Sources: That is to say, all interest accruing to the 
 corporation upon its interest-bearing current assets, special deposits, and all 
 other assets not provided for under the two foregoing heads, where such 
 interest is a liability, actual or contingent, of solvent concerns and individuals. 
 ■ Entries in this account must be made in such wise as to show separately 
 the classes above indicated, which will be required to be stated separately 
 in the annual reports to the Public Service Commission. 
 E903. Dividend Revenues. 
 
 Credit to this account at their cash value and as of the date when col- 
 lectible, all — 
 
 Dividends on Bound Investments : That is to say, all dividends declared 
 by solvent concerns upon stocks held by the corporation among its bound 
 investments. 
 
Uniform Accqunts— Electrical Corporations 51 
 
 Dividends on Free Investments: That is to say, all dividend^ declared by 
 solvent concerns upon stocks held by the corporation among its free invest- 
 ments. 
 
 Entries in this account must be made in such wise as to show separately 
 the classes ^bove indicated, which will be required to be stated separately ip 
 the annual reports to the Public Service Commission. 
 
 E904. Profits from Operations of Others. 
 
 Whenever, in accordance with the terms of any contract, the corporation 
 is entitled to participate in the profits resulting from the operations of others, 
 all revenues accruing to the corporation firom such source shall be credited 
 to this account. 
 
 NoTB. — This account does not Include ajiy dividends on stocks. Such dlvidetids 
 should be credited to account No. E903, "Dlvide^id Revenues", 
 
 E905. Miscellaneous Non-operating Revenitcs. 
 
 To this account shall be credited all non-operating revenues accruing to 
 the corporation and not provided for in any of the foregoing accounts. 
 
 21. Definition of Non-operating Revenue Deductions account. — ^To an 
 account entitled "Non-operating Revenue Deductions" shall be charged all 
 matters provided for under the following sub-acqounts : 
 
 a. Rent Expense: This sub-account includes all matters provided for un- 
 der the following two heads : 
 
 Leasehold Expense : That is to say, all expense arising in connection with 
 the procuring of revenues from lieaseholds having terms greater than one year, 
 including the cost of negotiating contracts, advertising for tenants, fees paid 
 conveyancers, collector's commissions, cost of enforcing payment of rent, cost 
 of ousting tenants, etc., and all other expense arising in connection- with such 
 leaseholds. This applies only to leases conveying the property out of the 
 possession of the corporation, and it includes the expense accruing while the 
 property is idle and awaiting an occupant. ■ This head includes cost of mainte- 
 nance of the property when such cost is borne by the corporation. Such 
 maintenance includes depreciation as well as reparable wear and tear. It 
 does not include taxes. 
 
 Other Rent Expense : This head is analogous to the preceding head 
 "Leasehold Expense," and differs from that only in that this provides for ex- 
 pense in connection with property let for a term of one year or less. 
 
 b. Interest Expense: This sub-account includes all expense arising in 
 connection with procuring interest upon investments, such as expense of col- 
 lection, expense of investigating delay in payment, expense of enforcing pay- 
 ment, and the like. It does not include taxes on such investments. 
 
 c. DmDEND Expense: This sub-account includes all expense arising in 
 Connection with the collection of dividends on stocks of other corporations ; 
 also all expense incurred in the investigation of the affairs of the corporations 
 whose stocks are held, whether for the purpose of detecting mismanagement 
 or for the purpose of inducing the declaration of dividends, and all expense 
 connected with enforcing payment of dividends when declared. It does not 
 include taxes on such investments. 
 
 d. Others' Operations Expense: This sub-account includes the cost of 
 negotiating contracts whereunder the corporation is to participate in profits 
 
52 Public Service Commission — First District 
 
 resulting from the operations of others ; also all expense of collecting the cor- 
 poration's proportion of such profits, and all expense connected with procur- 
 ing the modification or the dissolution of any such contract. 
 
 e. Miscellaneous Non-operating Ejcpense: This sub-account include? 
 all non-operating expense (as hereinbefore defined) which is not provided 
 for in the foregoing sub-accounts. 
 
 /. NoN-oPEEATiNG TAXES : This sub-account- includes all taxes accruing 
 upon non-operating, property and all assignable to non-operating revenues. 
 
 g. Uncollectible Non-operating Revenues : When any non-operating 
 revenues are judged by the corporation to be uncollectible, the amount thereof 
 shall be credited to the account in which theretofore charged, and charged 
 to the account "Non-operating Revenue Deductions" under the head of "Un- 
 collectible Non-operating Revenues." 
 
 NoTB. — ^In annual reports of corporations to the Public Service Commission this 
 account will be required to be fully analyzed, 
 
 22. Income Deductions. — The sum total of the credit balances in the 
 revenue accounts for any particular operation at the close of a fiscal period 
 gives the gross revenue from that operation for that period. This gross rev- 
 enue diminished by the operating expenses, the taxes, and the uncollectible bills 
 assignable to such operation for the period, gives the iilcoine from tliat opera- 
 tion for the period. Similarly for the non-operating revenues, the non-operat- 
 ing expenses, and the non-operating taxes. 
 
 I'The, aggregate of the incomes from the several operations and the non- 
 operating income is the gross income applicable to corporate and leased prop- 
 erties. As has before been said; the gross income is, in the usual case, subject 
 to various compulsory deductions, and these are hereinafter called Income 
 Deductions. 
 
 23. Definitions of Income Deductions accounts. — In the following defi- 
 nitions the letters and numbers prefixed to the titles of the several accounts 
 are inserted solely for convenience of refernce and are no part of the titles 
 or of the definitions: 
 
 921. Interest Deductions. 
 
 Charge to this account monthly (or as otherwise below directed) all mat- 
 ters provided for under the following five heads ': 
 
 Absolute Interest Accrued on Funded Debt: This head includes all inter- 
 est accruing absolutely on the outstanding funded debt of the corporation. 
 
 Contingent Interest Accrued on Funded Debt: This head includes when 
 the contingency occurs all interest accruing contingently on the outstanding 
 funded debt of the corporation. This includes such matters as interest on in- 
 come bonds. 
 
 Interest Accrued on Receiver's Certificates: This head includes all inter- 
 est accruing on receiver's certificates which are liens upon the property of 
 the corporation or any part of it. 
 
 . Interest Accrued on Other Unfunded Defit: This head includes all inter- 
 est accruing on all unfunded debt of the corporation except receiver's certi- 
 ficates. 
 
 Interest Accrued on Debenture Stocks: This head includes all interest ac- 
 cruing on the outstanding debenture stocks of the corporation. 
 
 Entries in the account "Interest Deductions" must be made in such wise 
 as to show separately the classes above indicated, which will be required to 
 be stated separately in the annual reports to the Public Service Commission. 
 
52 Public Service Commission — First District 
 
 resulting from the operations of others ; also all expense of collecting the cor- 
 poration's proportion of such profits, and all expense connected with procur- 
 ing the modification or the dissolution of any such contract. 
 
 e. Miscellaneous Non-operating Ejcpense: This sub-account include? 
 all non-operating expense (as hereinbefore defined) which is not provided 
 for in the foregoing sub-accounts. 
 
 /. NoN-oPEEATiNG TAXES : This sub-account- includes all taxes accruing 
 upon non-operating, property and all assignable to non-operating revenues. 
 
 g. Uncollectible Non-operating Revenues : When any non-operating 
 revenues are judged by the corporation to be uncollectible, the amount thereof 
 shall be credited to the account in which theretofore charged, and charged 
 to the account "Non-operating Revenue Deductions" under the head of "Un- 
 collectible Non-operating Revenues." 
 
 NoTB. — ^In annual reports of corporations to the Public Service Commission this 
 account will be required to be fully analyzed, 
 
 22. Income Deductions. — The sum total of the credit balances in the 
 revenue accounts for any particular operation at the close of a fiscal period 
 gives the gross revenue from that operation for that period. This gross rev- 
 enue diminished by the operating expenses, the taxes, and the uncollectible bills 
 assignable to such operation for the period, gives the iilcoine from tliat opera- 
 tion for the period. Similarly for the non-operating revenues, the non-operat- 
 ing expenses, and the non-operating taxes. 
 
 1-The, aggregate of the incomes from the several operations and the non- 
 operating income is the gross income applicable to corporate and leased prop- 
 erties. As has before been said; the gross income is, in the usual case, subject 
 to various compulsory deductions, and these are hereinafter called Income 
 Deductions. 
 
 23. Definitions of Income Deductions accounts. — In the following defi- 
 nitions the letters and numbers prefixed to the titles of the several accounts 
 are inserted solely for convenience of refernce and are no part of the titles 
 or of the definitions: 
 
 921. Interest Deductions. 
 
 Charge to this account monthly (or as otherwise below directed) all mat- 
 ters provided for under the following five heads ': 
 
 Absolute Interest Accrued on Funded Debt: This head includes all inter- 
 est accruing absolutely on the outstanding funded debt of the corporation. 
 
 Contingent Interest Accrued on Funded Debt: This head includes when 
 the contingency occurs all interest accruing contingently on the outstanding 
 funded debt of the corporation. This includes such matters as interest on in- 
 come bonds. 
 
 Interest Accrued on Receiver's Certificates: This head includes all inter- 
 est accruing on receiver's certificates which are liens upon the property of 
 the corporation or any part of it. 
 
 . Interest Accrued on Other Unfunded Defit: This head includes all inter- 
 est accruing on all unfunded debt of the corporation except receiver's certi- 
 ficates. 
 
 Interest Accrued on Debenture Stocks: This head includes all interest ac- 
 cruing on the outstanding debenture stocks of the corporation. 
 
 Entries in the account "Interest Deductions" must be made in such wise 
 as to show separately the classes above indicated, which will be required to 
 be stated separately in the annual reports to the Public Service Commission. 
 
Uniform Accounts— -Electrical Corporations 53 
 
 922a. Rent fob Lease of Other Electric Plant. 
 Charge to this account monthly all amounts accrued against the account- 
 ing corporation for rent of electric plant and equipment which it holds under 
 some form of lease from another company or corporation and of which it has 
 the exclusive possession. Taxes accrued on such plant and equipment shall 
 not be charged to this account but to the appropriate Taxes account. If such 
 taxes are (under the contract of lease) payable by the lessor or reversioner, 
 they shall be credited to this account and charged to the appropriate Taxes 
 account. Such taxes, when paid by the lessor or reversioner, shall be 
 charged to its rent revenue account and not to its Taxes account, to the end 
 that taxes upon such plant and equipment shall be reported by the corpo- 
 ration in possession. 
 
 922. Other Rent Deductions. 
 
 Charge to his account the matters provided for in the following sub- 
 accounts : 
 
 /. Joint Facility Rents : Where any plant or equipment is- maintained 
 or operated by another corporation for the joint benefit of the accounting cor- 
 poration and others under a joint arrangement for sharing the expense (on 
 the basis of the relative amounts of benefit to the several participants), if 
 such joint arrangement provides for including in the charge against the ac- 
 counting corporation any pure rent, profit, or return upon such plant or 
 equipment over and above depreciation and other expense of maintenance 
 and operation, such pure rent, or profit, or return upon property shall be 
 charged to this sub-account. 
 
 Note. — This should be read In connection with revenue account No. 425, "Joint 
 Electric Rent Revenue". (See pase 33.) 
 
 g. Miscellaneous Rent Deductions : This sub-account includes all mis- 
 cellaneous rents payable not elsewhere provided for. 
 
 Note A. — Rents for furnished offlces (and for office rooms in office buildings 
 heated and lighted by the landlord) should not be charged to this account, but to 
 the appropriate expense account. 
 
 Note B. — ^Entries In this account must be made In such wise as to permit an 
 analysis in the annual report of the corporation In accordance with the sub- 
 accounts above defined. 
 
 923. Sinking Fund Accruals. 
 
 Charge to this account month by month all accruals required to be made 
 to sinking funds in accordance with the provisions of mortgages or other 
 contracts requiring the establishment of sinking funds. All accruals to sink- 
 ing or other funds created voluntarily by the corporation and not in pursu- 
 ance of the provisions of any mortgage or other contract or of the require- 
 ments of law shall be excluded herefrom. 
 
 924. Guaranties of Periodic Payments. 
 Charge to this account all unsecured accruals of obligations arising under 
 contracts whereby the corporation has guaranteed the annual or more fre- 
 quent periodic payment of money or performance of other obligation on the 
 part of another corporation or person, and because of the default of such 
 other corporation or person the liability of the present corporation has be- 
 come actual. This account does not include such matters as guaranties of 
 payment of principal of funded debt and other similar things relating to a 
 series of years, nor does it include any guaranties for which the corporation 
 
54 Public Service Cojimission — ^First District 
 
 has protected itself through taking ample security. If insufficient security 
 has been taken 'iti respect "o'f stuch anttusfl err more 'freqtrent payments, the 
 liks'eclii^d 'pof'titfti 'theJreo'f '^hafi be Charged 'to "Ms account. 
 
 925. X,os5 ON ,0;b^ations of Pthers. 
 Wheneveir i^n a'ccordailce ivith ithe tetrms of -any contract >the corporation as 
 bound to leontribute 'tdRvard reimbursdment <€(E ithe losses (resulting (from Ae 
 Qperatictns of others, -aiU liablUtaes adcrwitig ito 'the coDporation ifrom saeh 
 SQttrtife -fltBtll 'be fohamged ito ^khis -actotrnt. 
 
 '526. '&tHER '•iQoWi'tacTtjXL I^EtfOCttoKs 'fkosi Income. 
 
 'Charge tb ihis account i;iori& by month ^tl contractual liabilities arising 
 from annual or ofhSr more frequent pefiodic matter^ and not 'inclvidible in 
 any of the foregoing accounts. This account includes only dedudtions from 
 income and not any liaWHti^ -ttisifelng '-iti >eSKJhi*ige 4at goods or other things 
 •purchased. 
 
 927. Amortization of Landed Capital. 
 
 '€ha¥ge to thte aeetJunt ■«t 'the 'close of any fistjell 'peridd -such portion >of 
 the cfriglMal ''ftirfHBy coSt '(estimated if Yiot -k-nowm) of 'lan<ted catiit^l «« 'is 
 necessary 'to "dcJver 'the ■ptop(itti6b 'df "fhe li'fe thepedi ««pirtetl during flUtfh 
 PerkJd. 
 
 "NoiiB! »..--=— The amdUnts dharged to (thte aebouilt '.shall 'be jjoncun-ently oredltea 
 to aoootHit-I^G. 274, '-'Aflemed Amortization .of Capital". t(^ee',peee -2,7.) 
 
 Note B. — ^When any landed capital expires or Is otherwise retired from sqr>[lce 
 Cas e. 'i7.,"'tKrdugh sale), the ^plfal account or other InHlcant account (ff-any) 
 tf^i^irtaily'chEfpgea tMfefSwith'shdll 'be Crsdltfed Wth Ihe amouttforigtnally iharged, 
 the account "Accrued Amortization of Capital" shall "be a«l>itga with ECU amouitts 
 the^etofHpte af^dltBd «tossuoh aeooiint Mn ii>eej)«ct''<>f mufch 'tendeaioaiJttai iBo-golne'-out 
 of service, the appropriate account shall Be d9b*tea>Wlth.the:pn5cee^i<if wale '(if 
 aiiy), (and-inyneceBBary^adjustra^ilt shall .be. made throufeh <tbe ".CowoilEltfe Sur- 
 plus or Deficit" account. 
 
 %8. AWC«8*I2?A'ifrON'«F'BfiBTDrSCOl»fT'A»TD EXPBV3E. 
 
 Charge to this account at or before the close,of .aoy , fiscal <peri»d.iiiat, pro- 
 portion of <the unamortized discount iaj*d debt i-eKpanse 'tjn .outStanlling -i&bt 
 'S^Mch 'is %-pplica»le -fo '{lie 'period. This ■ptd-po^tioh 'shdll i'be dfetermmed ac- 
 cording to a rule, the uniform application of which durfa^'ite-kiterviVhe- 
 tween the issue and the maturity -of ^atfy .drebt ■will 'completely amortize or 
 wipe out the disijountat whi(^ such 4ebt was issued -and the dabt, expense 
 connected ther-eijvith. Sitifh amortizataon/niay^at the option of .the corpoiation 
 be earlier .effected by *3ifgtilg-aU or.ai^.por-tion.Qf sush discount and debt 
 ej^pense to account No. 939. "Other 'Deduetions - from Sujpkis," -inuuediat^ly 
 upon issue-of the debt or thereafter. 
 
 929. Amortization OF 'Premium '■ ok ' De9tv-1(5r. 
 Credit to this account at Or after>-thet.olos:eafiany;fisclstli;period the propor- 
 tion of .the-preraiam-at which outetaadiog.deljt was issued whdeh is ^pplicajble 
 to |the. period. This proportiQn -shall be'deter«Hinad.ac(20rding.to..a.rule,.the 
 uniform -applipation of which xiurittg thcinterval betw.een.tbe. issue. and, the 
 maturity of ^ny debt Nwill.GOj^pl^tely-ramoitiae qriwipe-^ut-thcrpremium ,at 
 which JSttch .debt was issued. -Swch ^amortization .may at the option, of the 
 corporation be -eflfected -by - crediitvfJg-all or smxy portion qf -spch fRre-raiuKi to 
 acceunt 'No. 931b, "Other Additions to .^Su^plup," xMily ^iBpon , the maturity 
 ■of ' the.d^bt. 
 
UNiFORjk Accounts — Electrical CoRPoSAffOfis Si 
 
 24. Appropria.tipns. — The Salafice resulting ir,om. closing the foregoing 
 Income Deduction accounts for any fiscal period into Gross Income for that 
 period gives the Net Co^rporate Income' i&v the pe-tiod. The net corporate 
 miDOTe being oiS ttot saime nature asi tbe coirpor^te sujptas: shaJH be eloi^M itjito 
 the "Coiporate Suiipiltis or Deficit" accotirit^. Tiae groupi ©i aecoMWits -wi^iofe 
 show for any fiscal period the changes in the "Corporate Surplus or Deficit"' 
 account are designated the "•AKjiropriatioji''' leconnts, for the reason that 
 substarvtially all of them ajre SiwUkct oviy tg. the, dii«:Te^ipn oi the 9P4:pjQ>m- 
 tion. At the end of each fiscal period each ctf the "AppJTft^tiaJljam" ac.tptwts 
 shaU be closed into tl^e "Cgu-ptwate Surplus, on Qe^qit" a,(;9.Q»jjj.t, 
 
 25. Definitions of Appropriation acedunta— In the followtiag diefinitions 
 of the Appropriation accounts the letter? and) nwmbe»? prefixed to the titles of 
 the accounts are inserted splel^jr ^orconvepience of reference ani4 are no part 
 of the titles or at the definitions: 
 
 931a. Bad Debts Collected. 
 
 When any debt theretofore written off as a bad debt i« dollected, the amount 
 of the collection shall be Credited to this account. i3:jtt)ense liiVolved iil stleh 
 collection shall be charged to this aceownt, 
 
 931h, Qtheb AonwdNs to SvR?i4ya. 
 
 Credit to this account all additions ti> surplus because of erroneous aoeount- 
 ing in prior fiscal periods, and all other additions to surjJlus not elsewhere 
 provided for. 
 
 Note. — ^A complete analysis of this aocount will be reQUtred in annual reports of 
 corporations to the Public Service Commission. 
 
 932. Expenses Elsewhere Unprovided For. 
 
 Charge to this account all expenses not chargeable as a part of operating 
 expenses or of non-operating expenses, such as fines levied on the corporation 
 for violation of law, for misfeasance, for non-feasance, etc., fines levied on 
 directors, officers, and other employees and assumed by the corporation, do- 
 nations to funds, to churches and other associations, and other like expenses 
 and outgoes. 
 
 933. Dividends on Outstanding Stocks. 
 
 When any dividend is declared upon any outstanding stocks of the corpo- 
 ration, the amount of such dividend shall thereupon be charged to this ac- 
 count. All entries to this account shall show the amount of stock upon which 
 the dividend is declared, the class of such stock, and the rate of the dividend 
 as well as the amount thereof ; and if the dividend is payable in any other 
 thing than money, such thing shall be described in the entry with sufficient 
 particularity to identify it, and the actual money value thereof shall be 
 stated as the amount of the dividend. 
 
 When any dividend is declared upon the stocks of the corporation held in 
 its treasury, the amount of such dividend thereon shall be credited to this 
 account. Entries of credits to this account shall be made with the same de- 
 gree of particularity as is prescribed in the preceding paragraph. 
 
 934. Amortization Elsewhere Unprovided For. 
 Charge to this account such amortization as is not elsewhere provided for. 
 This account provides for all optional amortization, such as that of discount 
 on stocks outstanding, abandoned property, etc. 
 
56 Public Service Commission — First District 
 
 935. Appropriations to Reserves. 
 Charge to this account all optional appropriations to reserves. 
 
 936. Gifts to Controlled Corporations. 
 Charge to this account all gifts made by the corporation to its controlled 
 corporations, also such portions of all advances thereto as are not carried as 
 assets. 
 
 937. Other Appropriations. 
 Charge to this account all optional appropriations made by the corpora- 
 tion and not elsewhere provided for. 
 
 Note. — ^A complete analysis of this account will be required in annual reports 
 of corporations to the Public Service Commission. 
 
 938. Bad Debts Written Off. 
 
 Charge to this account the amount by which debts are written off from the 
 accounts of the corporation when they become stale and are placed in the 
 "bad debt" class. 
 
 Note. — Such "imcollectlble bills" as have been provided for in the heretofore 
 defined "Uncollectible Bills" accounts must not be Included in this account. 
 
 939. Other Deductions from Surplus. 
 Charge to this account all deductions from surplus because of erroneous 
 accounting in prior fiscal periods, and all other deductions from surplus not 
 elsewhere provided for. 
 
 NoTB. — ^A complete analysis of this account will be required In annual reports of 
 corporations to the Public Service Commission. 
 
Uniform Accounts — Electrical Corporations 57 
 
 LIST OF ACCOUNTS. 
 
 SCHEDULE A: BALANCE SHEET OR INDICANT ACCOUNTS. 
 
 Fixed Capital. 
 
 PAGE. 
 
 BIOO. Fixed Capital, December 31, 1908 _. „ 9 
 
 EIIO. Land Devoted to Electric Operations .._ 9 
 
 101. Organization _.,.....„ _ 10 
 
 El 02 . Franchises ( Electric ) ; 1 
 
 B103. Patent-rights (Electric) _ 11 
 
 E104. Other Intangible Electric Capital __ :„: ;.. 11 
 
 E121. General Structures . _ „ 11 
 
 E122. General Equipment „ ^... ; ..:. 12 
 
 E131. Dams, Canals, and Pipe Lines _ _ 12 
 
 E132. Power Plant Buildings ._ .„ 12 
 
 El 41a. Furnaces, Boilers, and Accessories _ 13 
 
 B141b. Steam Engines „..„, _ 13 
 
 B142. Turbines and Water-wheels _ -.- 13 
 
 E143a. Gas Producers and Accessories _ 13 
 
 E143b. Gas Engines _ _ .13 
 
 E144a. Electric Generators _ _ ... 14 
 
 B144b. Accessory Electric Power Equipment . 14 
 
 E145. Miscellaneous Power Plant Equipment . _ _ 14 
 B151. Sub-station Buildings . .14 
 
 E162. Sub-station Equipment . -. _ 14 
 
 E161. Poles and Fixtures . 15 
 
 E162. Underground Conduits - 15 
 
 E163. Transmission System - - — 15 
 
 B164. Distribution System _ 1 5 
 
 E165. Line Transformers and Devices 15 
 
 B166. Electric Services _ - - 15 
 
 E167a. Electric Meters _ _ 16 
 
 E167b. Electric Meter Installation _ _ _ 16 
 
 B171. Municipal Street Lighting System (Electric) 16 
 
 E172. Commercial Arc Lamps . 16 
 
 B173. Glower Lamps . . ... 16 
 
 El 74. Electric Motors and Heaters 17 
 
 B175. Electric Tools and Implempnts 17 
 
 E176. Electric Laboratory Equipment 17 
 
 E177. Other Tangible Electric Capital 17 
 
 E281. Engineering and Superintendence 17 
 
 E282. Law Expenditures During Construction 17 
 
 B283. Injuries During Construction 17 
 
 B284. Taxes During Construction 1r 
 
 B285. Miscellaneous Construction Expenditures IS 
 
 B286. Interest During Construction 18 
 
 Onn. Land in Other Departments jg 
 
 0102. Franchises in Other Departments 19 
 
 0103. Patent-rights in Other Departments, 19 
 
 0104. Other Intangible Capital In Other Departments 19 
 
 O120. Tangible Capital In Other Departments 19 
 
 Floating Capital. 
 
 B 10. Materials and Supplies j9 
 
 1. Cash - ~ 20 
 
 2. Bills Receivable 20 
 
58 Public Service Commission — First District 
 
 PAGE. 
 
 3. Accounts Receivable 20 
 
 4. Interest and Dividends Receivable 20 
 
 5. Other Current Assets -_ 21 
 
 iNVESTMENVa. 
 
 300. Investments - - : ; 21 
 
 Special Deposits. 
 
 311. Coupon Special Deposits 21 
 
 312. Dividend Special Deposits _ 22 
 
 3li. dtlier gftedaf bepOsits" ....« »...»,..,„..„ ™ ~— i —— 22 
 
 Peepatment Accoumts. 
 
 321. Prepaid Taxes _ _ 22 
 
 322. Prepaid Insurance _ — . 32 
 
 323. Prepaid Rents _. - ~ -r-~ ?2 
 
 324. Other Fi'epayments 22 
 
 Suspense Accounts. 
 
 331. Unamortized Debt Discount and Expense...— .__->-...— -..™~ , 23 
 
 332. Other Suspense ,,_. ^... — ~ 23 
 
 Re-ac«uiked Securities. 
 
 340. Re-acqulred Securities _..— 2* 
 
 Debt. 
 
 360. Funded ..... : _ 24 
 
 Unfunded :.;:;;*:;.-.:............;. i 24 
 
 251. Taxes Accrued „. ; — ..; 25 
 
 $52. Receiver's Certlflcates : : - - 25 
 
 SSS. Judgments Unpaid _ ..._ : .; 25 
 
 ^54. Interest Accrued ;. - ..: _ - .'...„.„._ 25 
 
 S55. Dividends Declared ._„.. 26 
 
 ^56. Bills Payable :..:.. :...j.^ „_ : „.. _: 26 
 
 B357a. Consumers' Deposits— Electfle „ _ _..!.__ 26 
 
 357b. Other Accounts Payable „ .._..i. . 26 
 
 ^58. Other Unfunded Debt _ :.. _ _. 26 
 
 Reserves. 
 
 Periiianent _ _ ,..,.., ,._'_ , 26 
 
 ^71. Premiums on Stocks - _ _ '. , 26 
 
 372. Other Pei-maneiit Reserves _ _._ _ 27 
 
 Terilptii'ary _ _ , 27 
 
 Contractual _ 27 
 
 Required , 2 7 
 
 374. Accrued Ainortlzatlpn of Capital ^ 27 
 
 375. Unamortized Premium on Debt , 27 
 
 376. Other Required Reserves '. _......, _ 28 
 
 Optlohai _ ._ _.,...._,..._ _ 28 
 
 381. Ca.sualtles and Insurance Reserve , .^ , 28 
 
 382. Other Optional Reserves _ _ _ _, 28 
 
 Stocks. 
 
 390. Stocks _ 28 
 
 SCHEDULE B: INCOME ACCOU^fT. 
 Operating RevenoKb. 
 
 401. Municipal Street Llghtlni; — Ate _ _ _ 3^ 
 
 402. Municipal Street Lighting — ^Inoandesdeiit ; •_ jj 
 
 403. Lighting Municipal Buildings — Electric _.._ jj 
 
 404. Municipal Heat and Power— BlebtHt; _ ....._ ; ;Ij .2 32 
 
 405. Miscellaneous Electric Revenue — Muhlclpal .._ 1..:. 32 
 
 406. Commercial Flat ftate Lighting _ .! .„ 1. 32 
 
 407. Commercial Flat Rate Power _„...'.„!! 2 32 
 
 408. Commercial Metered Lighting ' _ 32 
 
 109. Commercial Metered Power _ :.:i.. -.;.'- :... ~ 32 
 
Uniform Accounts— ^^lectrical Corporations 5.9 
 
 PAGE, 
 
 •»1>0. Railroad Corporations _ _ _ 32 
 
 "til. Other Bleotvloail Corporations BS 
 
 •421. Bent -of Eleoftr-lo Meters -33 
 
 *422, ilent 'Of EleotPle AppHanees _.... 'S3 
 
 *23. .Bleotarte Merohanaiee anfl IfdVbing (Revenue 33 
 
 **24. 'Sale -of Ss<produots _ '83 
 
 125. Joint Bleotrlc -Rent Revenue -33 
 
 1426. -Break-down Service 83 
 
 ■427. .Other Mlaoellaneous -Bleotrlc ♦Revenue '9S 
 
 Ophkatinq Bxpensjis. 
 I. Prnductian .Expenses. 
 
 ESOla. Station Superintendence ,anfl iCarce 35 
 
 EJSOlb. BoUer Xabar ....„ _ '...,1J.„.,1 ...ZZZZ IZIIl!! sB5 
 
 EKOlc. J!roducer Labor ., _ _ .3 5 
 
 B501d. Engine Xabar Z~..- ..." '■ i85 
 
 ElSOle. Blectrlo Xabor _.™ ^ J. _... 35 
 
 H502a. Fuel .for Steam :. „._. ^35 
 
 H502b. Fuel .for producer ,Gas _ „^; .„ „ : ,._.-.. .85 
 
 H503a. Water Ar Steam .Eower and i@as .c.„^.. «5 
 
 H503b. Water .for JHyflrauUc Power ...,_... S5 
 
 H604. iiubrlcaats for J>awer _*, .35 
 
 H505a. Production Sunplles ™™ „ _ as 
 
 HSOSb. station Expense „ „ _ fle 
 
 B507. Repairs of JPower J»lant dBuUdtngB - '86 
 
 EJ508a. Repairs of Furnaces and Bolter^ _ .36 
 
 E508b. Repairs of Boiler A.pparatus „. _ _ 36 
 
 E508C. Repairs of Steam Accessories „,.„.. _ , -, ,.,„-,.., 3i6 
 
 E509a. Repairs of Reciprocating Bng^p^ - „.. ,...-, r..„.T...... -. :97 
 
 K509b. Repairs of Steam Turbines , ,„..__ ;3i7 
 
 E509c. Repairs of Other Steam Engine .EflulPment .,- - ,__. ^-37 
 
 E510a. Hepalrs of Dams, Canals, and Pipe i«lic(e3, , - ,37 
 
 E510b. Repairs of Turbines and Watpr-wtve^s 37 
 
 E511a. Repairs of Gas Producers and Aoqesaorles - 37 
 
 ^Itt). -Repairs of Gas Bnglnejg ..... 37 
 
 EJ512a. 'Repairs of Electric Generators _ A7 
 
 Eol2b. Repairs xJf Accessory 'Electric •Equipment . 37 
 
 B513a. Repairs Of Statlon'ToOls and Implements , , ,^8 
 
 E51Sb. Repairs Of "Miscellaneous Station Equipment . ZS 
 
 B514. Steam "from Other "Sources „ , 3,8 
 
 E515. "Power Gas 'from Other "Sources ,33 
 
 B516. Electric "Energy from "Other "Sources - ^8 
 
 II. Transmiaaio.n . }^iip.pt^ftses. 
 
 E521a. Transmission Subway Rent , , 38 
 
 E522a. "Transmission Pole and Fixture Repairs _ ^ 
 
 E523a. Transmission Underground ,C«»wiiiit tRi?I)a.l?s .3.9 
 
 E524a. Overhead Transmission System ^ep^ii^ .....,..,.., _ >5S 
 
 B524b. Underground Transmission System Repairs ;39 
 
 E525. Sub-Station Labor ,..._. ., 3,9 
 
 E526. Sub-Station Supplies and Expends .,..., ;39 
 
 E527. Repairs of Sub-station Buildings „, ,_ _ ^ 
 
 E528. Repairs of Sub-station Equipment 40 
 
 ///. Bleotrlc Storage Expenses. 
 
 E529a. Storage Battery Labor ,.., ^^q 
 
 E529b. Storage Battery Supplies 40 
 
 E529C. Storage Battery Renewals . i40 
 
 H529^. -Repairs -of storage "battery Accessories ^40 
 
 IV. Distribution Exvenses. 
 
 ^531. Electric Distribution Superintendence .,„.., ,40 
 
 E532a. "Electric Distribution Maps and^sowvdrs ^40 
 
 6532b. Electric Distribution Office Ex.prn?e ,4(1 
 
60 
 
 Public Service Commission — First District 
 
 S533. 
 
 £1521b. 
 
 £}622b. 
 
 Ji3S23b. 
 
 £1534a. 
 
 E634b. 
 
 EB34C. 
 
 £}635a. 
 
 E535b. 
 
 B536a. 
 
 B536b. 
 
 541a. 
 
 541b. 
 
 542. 
 
 543a. 
 
 643b. 
 
 544a. 
 
 644b. 
 
 545a. 
 
 545b. 
 
 546. 
 
 547a. 
 
 547b. 
 
 548. 
 
 B561. 
 B5B2. 
 B553. 
 B554. 
 E655. 
 
 B833. 
 
 B834. 
 
 E835. 
 
 B836. 
 
 E837. 
 
 B838. 
 
 E839. 
 
 B840. 
 
 B842. 
 
 B845. 
 
 E846. 
 
 B847a. 
 
 B847b. 
 
 E848. 
 
 E850. 
 
 E851. 
 
 E852. 
 
 E853. 
 
 B860. 
 E870. 
 
 E901a. 
 E901(J. 
 
 902. 
 
 903. 
 
 904. 
 905. 
 
 Setting and Removing Meters and Transformers , 
 Distribution Subway Rent 
 
 Distribution Pole and Fixture Repairs _ 
 
 Distribution Underground Conduit Repairs 
 
 Overhead Distribution System Repairs 
 
 Edison Tube System Repairs 
 
 Other Underground Distribution System Repairs... 
 
 Repairs of Electric Services - _.- 
 
 Repairs of Transformers — 
 
 Eieotric Meter Operation — 
 
 Electric Meter Repairs - _ - _. 
 
 PAGE. 
 
 41 
 
 _. 41 
 
 _.. 41 
 
 ._ 41 
 
 ... 41 
 
 .... 41 
 
 .... 41 
 
 ._ 41 
 
 _. 42 
 
 ... 42 
 
 _. 42 
 
 Y. Utilization Expenses. 
 
 Commercial Arc Labor 
 
 Commercial Arc Supplies _ 
 
 Commercial Arc Repairs - 
 
 Commercial Incandescent Installation 
 
 Commercial Incandescent Renewals 
 
 Inspection of Consumers' Premises 
 
 Repairs of Consumers' Installations 
 
 Municipal Street Arc Labor _.. 
 
 Municipal Street Arc Supplies 
 Municipal Street Arc Repairs 
 
 Municipal Street Incandescent Installation 
 
 Municipal Street In€a.ndescent Renewals 
 
 Municipal Street Incandescent Repairs 
 
 TI. Commercial Expenses. 
 Commercial Administration — Electric 
 Promotion Office Expense — Blectric . . 
 
 Advertising — ^Electric 
 
 Canvassing and Soliciting^ — Blectric 
 Promotion Wiring and Devices . 
 
 VII. General and Miscellaneous Expenses. 
 
 Salaries and Expenses of General Officers 
 
 Salaries and Expenses of General Office Clerks 
 
 General Office Supplies and Expenses . 
 
 General Law Expenses _ 
 
 Miscellaneous General Expenses 
 Insurance _ _ 
 
 Relief Department and Pensions 
 
 Electric Franchise Requirements 
 
 General Amortization — Blectric 
 
 Electric Expenses Transferred — Cr. 
 
 Joint Operating Expense — Cr 
 
 Accidents and Damages _ 
 
 Law Expenses Connected with Damages 
 
 General Stationery and Printing _ 
 
 Store Expenses _ : 
 
 Stable Expenses _ 
 
 Undistributed Adjustments — Balance 
 Duplicate Electric Charges — Cr 
 
 TA.XBS. 
 
 Taxes _ 
 
 Uncollectible Electric Bills 
 
 NON-OPERATINO REVENUES. 
 
 Rent Accrued from Lease of Electric Plant 
 
 Miscellaneous Rent Revenues 
 
 Interest Revenues „ 
 
 Dividend Revenues 
 
 Profits from Operations of Others 
 
 Miscellaneous Non-operating Revenues 
 
 42 
 42 
 42 
 42 
 42 
 42 
 42 
 43 
 43 
 43 
 43 
 43 
 43 
 
 43 
 44 
 44 
 
 44 
 44 
 
 44 
 
 44 
 45 
 
 45 
 45 
 45 
 45 
 45 
 46 
 46 
 46 
 47 
 47 
 48 
 48 
 48 
 48 
 48 
 
 49 
 49 
 
 49 
 50 
 50 
 50 
 51 
 51 
 
Uniform Accounts — Electrical Corporations 
 
 61 
 
 Non-operating Revenue Deductions. 
 910. Non-operating Revenue Deductions . 
 
 a. Rent Expense 
 
 b. Interest Expense . _ 
 
 c. Dividend Expense 
 
 d. Others' Operations Expense . . 
 
 e. Miscellaneous Non-operating Expense 
 1. Non-operating Taxes 
 
 g. Uncollectible Non-operating Revenues 
 
 Income Deductions 
 
 921. Interest Deductions 
 
 922a. Rent for Lease of Other Electric Plant 
 
 922f. Joint Facility Rents .................ZZ 
 
 922g. Miscellaneous Rent Deductions 
 
 923. Sinking Fund Accruals _ _ ZZ..,Z.Z 
 
 924. Guaranties of Periodic Payments _ _ _ 
 
 925. Loss on Operations of Others „ 
 
 926. Other Contractual Deductions from Income 
 
 927. Amortization of Landed Capital _ _: 
 
 928. Amortization of Debt Discount and Expense .. 
 
 929. Amortization of Premium on Debt — Cr _ 
 
 Appropriation Accounts. 
 
 931a, Bad Debts Collected 
 
 931b. Other Additions to Surplus _ - . - 
 
 932. Expenses Elsewhere Unprovided for _ . _ 
 
 933. Dividends on Outstanding Stocks ... . _ 
 
 934. Amortization Elsewhere Unprovided for 
 
 935. Appropriations to Reserves 
 
 936. Gifts to Controlled Corporations _ _.... 
 
 937. Other Appropriations 
 
 938. Bad Debts Written Off - 
 
 939. Other Deductions from Surplus 
 
 51 
 61 
 51 
 61 
 51 
 62 
 62 
 62 
 
 52 
 53 
 53 
 53 
 53 
 53 
 64 
 54 
 64 
 54 
 64 
 
 65 
 56 
 55 
 55 
 55 
 66 
 68 
 56 
 66 
 56 
 
612 FiHst MobtFViNiS Order 
 
 At a Meeting of the PtriJLTt SfeRViCE CoJiMiSsiON for the First 
 District, diily held at its ofcce, No. 154 Nassau St., Bbroiigh 
 ef Manhattan, City and State of New York, on thte 18th day 
 of Deceiiibei-, 1908. 
 
 PRESENT : 
 William R. Willcox, Chairman, 
 William McCaeroll, 
 
 Edward M. Bassett. ^ Commissioners. 
 
 MiLO R. Maltbie, 
 John E. Eustis, 
 
 In the Matter 
 of 
 A uniform system of accounts for Electrigaij 
 Corporations within IH^ jurisdictibn of thfe 
 Commission. 
 
 Case Nb. 57'?'. 
 Order Modifying 
 Hie Flhil Oirder. 
 
 An order having been passed hf the Public SferVice CbiflmiSsibn 
 for the First District, December 8, 1908, prescribing a uniform 
 System of accounts to be kdpt by Slectricdl cbfporatidnS slibject to 
 the jurisdiction of the Commission; it is hereby 
 
 Ordered : 
 
 (1) That the uniform system of accounts prescribed for electrical 
 corporations by order of December 8, 1908, be, and the same is 
 hereby modified, in accordance with the schedule of operating 
 expense accounts hereto appended, for the use of corporations that 
 derive from electrical operations, as defined in said order, annual 
 revenues not in excess of $500,000.00, which corporations are 
 hereby designated Small Companies. 
 
 (2) That all the provisions contained in the said order of De- 
 cember 8, 1908, and all rules prescribed by that order for the 
 keeping and recording of accounts shall apply to Small Companies 
 as hereinbefore defined, excepting only that Small Companies are 
 by virtue of this order authorized to reduce the number of primary 
 accounts kept by them. 
 
 (3) That the terms of the order of December 8, 1908, relative to 
 the subdivision of primary accounts, or to the keeping of temporary, 
 experimental or divisional accounts, shall apply to Small Companies 
 that elect to use this condensed classification of operating expenses, 
 provided, however, that any permanent subdivision of a primary 
 
Condensed CLAssiFiciVTioi} Qf Ppk|^ting Expenses 6^ 
 
 account shall eojifor-m to the prmary apcpunts, P¥ gFOWp? of siich 
 accounts prescribed in said ordeF. 
 
 (4) That Small Companies that elect to use the cemdenaed plassi- 
 fication shall file with the Public Service CommisBion for the First 
 District on or befbre Janudty 1, 1909, notiq? of their election so to dp- 
 
 (5) This order shall take effect at once and shall continue in 
 force until abrogated or modified by the Commission. 
 
 (6) All companies that elect to use the condensed classification 
 herein shall notify the Public Service Comrnisgian far the First 
 District on or before January 1, 1909; ^vhether the terms of this 
 order are accepted and v{)ll be o^jeyed. 
 
 CONDENSEn CLASSIFICATION QF OPERATING 
 EXPENSE ACCOUNTS 
 
 I. Produchpn Expensbs 
 
 (ESOl) Power Plant Labor; to include— 
 
 (a) Station Superintendence and Care 
 
 (b) Boiler Labor 
 
 (c) Producer Labor 
 
 (d) Engine Labor 
 
 (e) Electric Labor 
 (ES02) Fuel for Power; to include-:-- 
 
 (a) Fuel for Steam 
 
 (b) Fuel for Producer Gas 
 (ES03) Water for Power; to includcr- 
 
 (a) Water for Steam Povyer an4 Qas 
 
 (b) Water for Hyclra^lic Pow?r 
 (ES04) Luiaricants for Pow^r 
 
 (ESOS) Station Supplies and Expenses; to inqlui^e— : 
 
 (a) Production Supplies 
 
 (b) Station Expense 
 
 (ES07) Repairs of Power Plant Buildings 
 
 (ES08) Repairs of Boilers and Accessorigs; to include— 
 
 (a) Repairs of Fujnaces and Boilers 
 
 (b) Repairs of Poller Apparatus 
 
 (c) Repairs of Steapi Accessories 
 (E509) Repairs of Steaip Engines ; to include— 
 
 (a) Repairs of Reciprocating Engines 
 
 (b) Repairs of Steam Turbines 
 
 (c) Repairs of Other Steam Engine Ecjuijptnept 
 
 (E510) Repairs of Hydraulic Structures a,i\d Eq^pment ; to incjlude- 
 
 (a) Repairs of Dams, Canals 9fid Pipe Lines 
 
 (b) Repairs of Turbines and Water Wheels 
 (E511) Repairs of Gas Power Equipment; to include— 
 
 (a) Repairs of Gas Producers and Accessories 
 
 (b) Repairs of Gas Engines 
 
64 First Modifying Order 
 
 (ES12) Repairs of Power Plant Electric Equipment; to include — 
 
 (a) Repairs of Electric Generators 
 
 (b) Repairs of Accessory Electric Equipment 
 (E513) Miscellaneous Station Repairs; to include— 
 
 (a) Repairs of Station Tools and Implements 
 
 (b) Repairs of Miscellaneous Station Equipinent 
 (ES14) Steam from Other Sources 
 
 fESlS) Power Gas from Other Sources 
 (E516) Electric Energy from Other Sources 
 
 . ,11. Transmission Expenses 
 
 (ES21) Maintenance of Transmission Lines; to include — 
 (ES21a) Transmission Subway Rent 
 (E522a) Transmission Pole and Fixture Repairs 
 (ES23a) Transmission Underground Conduit Repairs 
 (ES24a) Overhead Transmission System Repairs 
 (ES24b) Underground Transmission System Repairs 
 
 (ES2S) Substation Labor 
 
 (E526) Substation Supplies and Expenses 
 
 (E527) Repairs of Substation Buildings 
 
 (ES28) Repairs of Substation Equipment 
 
 in. Electric Storage Expenses 
 
 (ES29) Electric Storage; to include — 
 
 (a) Storage Battery Labor 
 
 (b) Storage Battery Supplies 
 
 (c) Storage Battery Renewals 
 
 (d) Repairs of Storage Battery Accessories 
 
 IV. Distribution Expenses 
 
 (ES31) Electric Distribution Superintendence 
 
 (ES32) Electric Distribution Records and Office Expense; to include- 
 
 (a) Electric Distribution Maps and Records 
 
 (b) Electric Distribution Office Expense 
 (ES33) Setting and Removing Meters and Transformers 
 (ES21b) Distribution Subway Rent 
 
 (E522b) Distribution Pole and Fixture Repairs 
 (ES23b) Distribution Underground Conduit Repairs 
 (ES34) Distribution System Repairs ; to include— 
 
 (a) Overhead Distribution System Repairs 
 
 (b) Edison Tube System Repairs 
 
 (c) Other Underground Distribution System Repairs 
 (ES3Sa) Repairs of Electric Services 
 
 (E53Sb) Repairs of Transformers 
 
 (ES36) Electric Meter Expense; to include — 
 
 (a) Electric Meter Operation 
 
 (b) Electric Meter Repairs 
 
Condensed Classification of Operating Expense Accounts 65 
 
 V. Utilization Expenses 
 
 (541) Commercial Arc Operation; to include — 
 
 (a) Commercial Arc Labor 
 
 (b) Commercial Arc Supplies 
 
 (542) Commercial Arc Repairs 
 
 (543) Commercial Incandescent Operation ; to include — 
 
 (a) Commercial Incandescent Installation 
 
 (b) Commercial Incandescent Renewals 
 
 (544) Consumers' Installation Expense ; to include — 
 
 (a) Inspection of Consumers' Premises 
 
 (b) Repairs of Consumers' Installations 
 
 (545) Municipal Street Arc Operation ; to include — 
 
 (a) Municipal Street Arc Labor 
 
 (b) Municipal Street Arc Supplies 
 
 (546) Municipal Street Arc Repairs 
 
 (547) Municipal Street Incandescent Operation ; to include — 
 
 (a) Municipal Street Incandescent Installation 
 
 (b) Municipal Street Incandescent Renewals 
 
 (548) Municipal Street Incandescent Repairs 
 
 VI. Commercial Expenses 
 
 (E551) Commercial Administration — Electric 
 
 (E552) Promotion Office Expense — Electric 
 
 (E553) Advertising — Electric 
 
 (E554) Canvassing and Soliciting — Electric 
 
 (ESSS) Promotion Wiring and Devices 
 
 VII. General and Miscellaneous Expenses 
 
 (E833) Salaries and Expenses of General Officers 
 
 (E834) Salaries and Expenses of General Office Clerks 
 
 (E83S) General Office Supplies and Expenses 
 
 (E836) General Law Expenses 
 
 (E837) Miscellaneous General Expenses 
 
 (E838) Insurance 
 
 (E839) Relief Department and Pensions 
 
 (E840) Electric Franchise Requirements 
 
 (E842) General Amortization— Electric 
 
 (E845) Electric Expenses Transferred — Cr. 
 
 (E846) Joint Operating Expense — Cr. 
 
 (E847) Injuries and Damages; to include — 
 
 (a) Accidents and Damages 
 
 (b) Law Expenses Connected with Damages 
 (E848) General Stationery and Printing 
 
 (E850) Store Expenses 
 
 (E8S1) Stable Expenses 
 
 (E852) Undistributed Adjustments — Balance 
 
 (E853) Duplicate Electric Charges— Cr. 
 
66 SECpNp Order J^odifying the F^nal QgniiR 
 
 At a Meeting of the PuBt-IC Service Commission for the First 
 District, duly held at its pfif^ce, Ng, ^54 N^?^a\^ Stre;et, Borqyg-Ji 
 of Manhattan, City and Statu ef New York, pp the 24th day 
 of June, 1910. 
 
 PRESENT : 
 William R. Willcox, 
 Chairman, 
 William McCarroll, 
 Edward M. Bassett, 
 MiLO R. Maltbie, 
 John E. Eustis, 
 
 * Commissioners. 
 
 In the Matter 
 
 A uniform system of accqutits for ELEpxiijCAl- 
 Corporations within the jurisdiction of the 
 Commission. 
 
 Case No. Si/, 
 Second Order 
 " Modifying t'\\e 
 Final Order. 
 
 An Order having been made by the Public Service Coiprnigsigiq 
 for the First District, December 8, 1908, prescribing a uniform 
 system of accounts to be kept by electrical corporations subject 
 to the jurisdiction of the Commission, and an Order having been 
 made December 18, 1908, mpdifyipg the Ord^r of December 8, 1908, 
 it is hereby 
 
 Ordered, That the accounts entitled -'Transmissian Swhway Reflt" 
 and "Distribution Subway Rent" shall be classified as Income Deduc- 
 tions instead of Operating Expenses. 
 
 Ordered, That this Order shall take effect January 1, 1^11. 
 
 Ordered, That the Secretary sei-ve a certified copy of this Order 
 upon each electrical corporation on qr before June 30, 1910. 
 
 Acting Secretary. 
 
TntRb MoiJtFYiNG OIjder 
 
 67 
 
 At a Stated Meeting of the PubLic ServiCIs CdSi mission fbt the 
 Fil-gt Oisttitt, duly h^id kt its officfe, No. 1S4 NissaU Sti«e^t, In 
 the Borough of Mahliattan, City and State oi ^few York, on 
 the 23d day of June, 1911. 
 
 PRESENT: 
 
 WitLIAM McGAJatOLLj 
 
 AtHng 'Chait"man, 
 
 MlLO R. MAtTBKi 
 
 John E. EustiS, 
 
 J: SfeRGEANT CftrtiS) 
 
 *■ Comfnisstoners. 
 
 In the Matter 
 ■of 
 A uniform system of accounts for Electrical 
 Corporations within the jurisdiction of the 
 Corthtission. 
 
 Case No. 57? 
 
 Third Order Mod- 
 ifying Order of 
 December 8, 
 1508, ag amend- 
 ed. 
 
 An otder having been duly made by the Public Service Commis- 
 sion for the First District on December 8, 1908, prescribing a 
 uniform system of accounts to be kept by electrical c'ofporations 
 subject to the jurisdiction of the Commission, and brdel-S Having 
 been duly made on December 8, 1908, and on June 24, 1910, niddi- 
 fying the said order of December 8, 1908, 
 
 Ordered, That two additional primary accounts to be entitled 
 "Joint Transmission Expense, Dr.," and "Joint Distribution Ex- 
 pense, Dr.," be provided in the classification of operating expenses 
 under the general divisions Transmission Expenses and Distribution 
 Expenses respectively, the said additional accounts being defined 
 as follows: 
 {521 a) Joint Transmission Expense, Dr. 
 
 When any transmission wires or cables or any poles or conduit carrying 
 the same are maintained by another person or company for the joint benefit 
 of the accounting corporation and others under an arrangement for appor- 
 tioning (upon the basis of the relative amounts of benefit to the several 
 participants), the expense of maintenance and operation, the portion of such 
 expense to be met by the accounting corporation shall be charged to this 
 account. The portion so charged may include provision for depreciation of 
 such structure or facilities as well as current outlay for repair, but must not 
 include any allowance for profit or return upon such property. 
 
 Note— The allowance for profit should be charged to the sub-account 
 "Joint Facility Rents" under (No. 922) "Other Rent Deductions." Where 
 no arrangement exists for the sharing of the expense of maintaining a joint 
 
68 Third Modifying Order 
 
 facility, the entire payment is chargeable to the sub-account "Transmission 
 Subway Rent," or the sub-account "Miscellaneous Rent Deductions" under 
 "Other Rent Deductions," according to the kind of facility. 
 
 {521 6) Joint Distribution Expense, Dr. 
 
 When any distribution structure or facilities are maintained by another 
 person or company for the joint benefit of the accounting corporation and 
 others under an arrangement for apportioning (upon the basis of the relative 
 amounts of benefit to the several participants) the expense of maintenance 
 and operation, the portion of such expense to be met by the accounting cor- 
 poration shall be charged to this account. The portion so charged may in- 
 clude provision for depreciation of such structure or facilities as well as 
 current outlay for repair, but must not include any allowance for profit or 
 return upon such property. 
 
 Note. — The allowance for profit should be charged to the sub-account 
 "Joint Facility Rents" under (No. 922), "Other Rent Deductions." Where 
 no arrangement exists for the sharing of the expense of maintaining a joint 
 facility, the entire payment is chargeable to the sub-account "Distribution 
 Subway Rent" or the sub-account "Miscellaneous Rent Deductions" under 
 "Other Rent Deductions," according to the kind of facility. 
 
 Further Ordered, that this order shall take effect January 
 1. 1912. 
 
 Further Ordered, that the Secretary serve a certified copy of 
 this order upon each electrical corporation on or before June 26, 
 1911.