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Exhibir No. 6.—Kilowatt generating capacity removed from service and subtracted

from investment

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Exhibit No. 7.-Return on property before and after write-ups

Company

Fixed capital, Surplus,
Dec. 31, 1934 Dec. 31, 1934

Write-up as
stated by

Federal
Trade Com-

Writedown since Federal

Net write

ups

Fixed capital

less net write-ups

mission

Trade hearings

$148,370,842.00 $11,809,889.99 $69,718,192.80 $42,590,485 $27,127,707.80 $121,213,134.20 40, 407, 727.04 1, 188, 737.91 2,212, 774.86

2, 212, 774. 86 38, 194, 952. 18

Appalachian Electric

Power Co.-Con...
Atlantic City Electric

Co...
Indiana & Michigan

Electric Co..
The Ohio Power Co..
The Scranton Electric

Co.
Wheeling Electric Co.
Indiana General Service
Co...

Total.

430, 597 5, 527, 878. 29! 38, 639, 786, 77

2,775, 371.77 101, 518, 036. 62

44, 167, 665. 062, 608, 668.64 5,958, 475. 29 104, 293, 408. 345, 144, 795. 15 2,775, 371. 77 31, 539, 048.00 3, 197, 778.76 4, 426, 327. 58 7,690, 232. 36 926, 931. 85 901, 518.00

582, 392 3,843, 935.58 27, 695, 111.00

901, 518.00 6,788, 714.36

13, 646, 174.00 1, 144, 493. 68

13, 646, 174.00 390, 085, 094.00 26, 021, 295. 98 85, 932, 660.30 43,693, 474 42, 389, 186. 25 347, 695, 908.00

Earned Earned
Return on fixed on fixed

Capitalization
on fixed

capital capital capital, income less

Common Preferred 1934 write- write

Bonds stock

stock ups ups

Company

Appalachian Electric Power Co.

Percent Percent Continued

$8, 270, 884

5. 58 6.82 $19, 942, 767.27 $33, 547, 000.00 $83, 827,000.00 American Gas & Electric Co. investment

16, 885, 369.51 17,013, 848. 29 24, 822,501. 25 Atlantic City Electric Co. 2, 135, 294 5. 28 5. 59 11, 481, 210, 56 5,687,500.00 20, 296,000.00

American Gas & Electric Co investment.

18, 337, 320.00 3,059, 200.00 7, 814, 8.0.00 Indiana & Michigan Electric Co. 2, 135, 152 4. 83 5. 52 9, 560, 775. 29 7,530, 300.00 25, 483,000.00

American Gas & Electric Co. investment..

6,043, 101.84 3, 593, 749.77 7, 250, 480.00 The Obio Power Co.

7, 188, 663 7. 18 7.37 17,782,015.00 19,806, 500.001 62,311,000.00 American Gas & Electric Co. investment...

116, 509, 103.76 2,882, 746.00 13, 342,745.00 The Scranton Electric Co.

1,990, 631 6.31 7. 18 6,071, 65.395, 324, 800.00 8,318,000.00 American Gas & Electric Co. investment...

(1)

368, 667. 502, 407, 340.00 Wheeling Electric Co

408, 506 5.31 6.01 1, 428, 460.00 2,582, 800.00 3,043, 000.00 American Gas & Electric Co. investment

1 428, 460.00 94,882.75 19, 425.00 Indiana General Service Co..

620, 776 4. 55 4. 55 3,000,000.00 3,971, 100.00 3,931, 300.00 American Gas & Electric Co. investment..

2, 434, 414.36 Total

123, 019, 8081 5. 85 6. 521.

American Gas & Electric Co. owns the following shares of common stocks representing an investment of $5,795,7-13.72: Atlantic City Electric Co., 316,268; Indiana General Service Co., 30,000; The Ohio Power Co., 1,165,975; The Scranton Electric Co., 2,500,000; Wheeling Electric Co., 100,000.

EXHIBIT No. 8.- American Gas & Electric Co., subsidiary companies-sarings to

customers due to rate reductions

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SUMMARY
All classes of customers:

Annual savings to customers due to above reductions.
Total savings to customers, 1921 reductions in effect 14 years; 1922 reductions 13 years, etc.. 52, 753, 000

$11, 330 658 Residence customers, reductions beginning with 1927: Annual savings to customers...

4.800,000 Total savings to customers.

16, WI, 000

Exhibit No. 9.—Effect of write-ups on rates

Date of socalled "write

up"

Change in rates

Amount

$694, 128

237,073

163, 950

Appalachian Electric Power Co... April 1926.... | 1926 and 1927 rate reductions, subsequent

to April 1926. Atlantic City Electric Co.... April 1927. 1927 rate reduction, subsequent to April

1927.

(1926 and 1927 rate reductions, subsequent The Ohio Power Co........

July 1926.

to July 1926.

11928 rats reduction...
The Scranton Electric Co....... March 1928.... 1927 and 1928 rate reductions, immedi-

ately prior and subsequent to March
1928.

473, 498
752, 451

All energy

EXHIBIT No. 10.-Reduction in residence rates OLD RATES (AS OF DATE ACQUIRED BY AMERICAN GAS & ELECTRIC SYSTEM) Wildwood, N. J. (population, 5,330), | Scranton, Pa. (population, 143,433), 1925:

1907: 20 kilowatt-hours at 15 cents.

1242 cents. 30 kilowatt-hours at 12 cents.

Discount, 10 percent. 250 kilowatt-hours at 10 cents.

Minimum, $1. 300 kilowatt-hours at 9 cents. Marion, Ind. (population, 24,496), Balance at 8 cents.

1907: Minimum $1.

All energy at 10 cents. Moscow, Pa. (population 892), 1927:

Minimum, $1.50. 100 kilowatt-hours at 15 cents. South Bend, Ind. (population, 104,100 kilowatt-hours at 1242 cents. 193), 1922: 100 kilowatt-hours at 10 cents,

50 kilowatt-hours, at 8 cents. Balance at 8 cents.

150 kilowatt-hours, at 742 cents. Minimum $2.

200 kilowatt-hours, at 7 cents. Woodburn, Ind. (population 493), 1919: 200 kilowatt-hours, at 6 cents. 25 kilowatt-hours at 13 cents.

Balance, at 5 cents. 25 kilowatt-hours at 12 cents.

Minimum, $1. 50 kilowatt-hours at 11 cents. Benton Harbor, Mich. (population, 50 kilowatt-hours at 10 cents.

15,434), 1922: 50 kilowatt-hours at 9 cents.

27 kilowatt-hours, at 12 cents. Balance at 8 cents.

Balance, at 7 cents. Minimum $1.50.

Discount, one-half cent per kilHartford, Mich. (population 2,625),

owatt-hour (6-room house). 1930:

Minimum, $1. 30 kilowatt-hours at 10 cents. Roanoke, Va (population, 69,206), 1924: 30 kilowatt-hours at 6 cents.

100 kilowatt-hours, at 8 cents. Balance at 4 cents.

1,400 kilowatt-hours, at 5 cents. Minimum $1.

Balance, at 3 cents.
Jackson, Ky. (population 2,109), 1926: Minimum, $1.
All energy at 15 cents.

Charleston, W. Va. (population, 60,Kingsport, Tenn. (population 11,914), 408), 1923; 1925:

0 to 12 kilowatt-hours, at 10 25 kilowatt-hours at 10 cents.

cents. Balance at 8 cents.

13 to 25 kilowatt-hours, at 9 Minimum $1.

cents. Gate City, V&. (population 1,216), 26 to 100 kilowatt-hours, at 8 1926:

cents. All energy at 12 cents.

101 to 200 kilowatt-hours, at 7 Minimum $2.

cents. Oak Hill, W. Va. (population 2,076), 201 to 400 kilowatt-hours, at 6 1926:

cents. 100 kilowatt-hours at 12 cents.

401 to 800 kilowatt-hours, at 5 100 kilowatt-hours at 11 cents.

cents. Balance at 10 cents.

Over 800 kilowatt-hours, 4%cents. Discount 10 percent.

10-percent discount. Minimum $1.

Minimum, $1. Leipsic, Ohio (population 1,571), 1920: Wheeling, W. Va. (population, 61,50 kilowatt-hours at 15 cents.

659), 1907: 50 kilowatt-hours at 14 cents.

All energy at 15 cents. 50 kilowatt-hours at 13 cents.

Discount, 10 percent. 50 kilowatt-hours at 12 cents.

Minimum, 50 cents. 50 kilowatt-hours at 11 cents. Canton, Ohio (population, 104,906), Balance at 10 cents.

1907: Discount 10 percent.

All energy at 11 cents. Minimum $1.

Discount, 10 percent. Atlantic City, N. J. (population, 66,- Minimum, $1. Present rates 198), 1907:

March, 1935. All energy at 16 cents.

Wildwood, N. J.: Quantity discounts:

30 kilowatt-hours at 772 cents. $1.50 to $5, 25 percent.

40 kilowatt-hours at 672 cents. $5 to $10, 30 percent.

420 kilowatt-hours at 3 cents. $10 to $20, 35 percent.

Balance at 2 cents. $20 to $40, 40 percent.

Water heating, 1 cent per kilowattOver $40, 50 percent.

hour. Minimum, $1.50.

Minimum $1.

Moscow, Pa.:

30 kilowatt-hours at 69 cents.
40 kilowatt-hours at 5 cents.
Balance at 3 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Woodburn, Ind.:

30 kilowatt-hours at 642 cents.
30 kilowatt-hours at 4%, cents.
390 kilowatt-hours at 292 cents.
Balance at 2 cents.
Water heating, 1 cent per

kilowatthour.

Minimum $1.
Hartford, Mich.:

30 kilowatt-hours at 6%, cents.
30 kilowatt-hours at 44 cents.
390 kilowatt-hours at 24. cents.
Balance at 2 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Jackson, Ky.:

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Kingsport, Tenn.:

25 kilowatt hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Gate City, Va.:

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Blance at 2 cents.
Customer charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1. Oak Hill, W. Va.:

Atlantic City, N. J.:

30 kilowatt-hours at 72 cents.
30 kilowatt-hours at 6% cents.
420 kilowatt-hours at 3 cents.
Balance at 2 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Scranton, Pa.:

30 kilowatt-hours at 615 cents.
40 kilowatt-hours at 5 cents.
Balance at 3 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Marion, Ind.:

30 kilowatt-hours at 6 cents.
30 kilowatt-hours at 442 cents.
390 kilowatt-hours at 2 cents.
Balance at 2 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
South Bend, Ind.:

30 kilowatt-hours at 672 cents.
30 kilowatt-hours at 4%, cents.
390 kilowatt-hours at 22 cents.
Balance at 2 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Benton Harbor, Mich.:

30 kilowatt-hours at 612 cents.
30 kilowatt-hours at 42 cents.
390 kilowatt-hours at 2%. cents.
Balance at 2 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Roanoke, Va.:

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer's charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Charleston, W. Va.:

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer's charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1. Wheeling, W. Va.:

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.

Minimum $1.
Leipsic, Ohio:

30 kilowatt-hours at 7 cents.
40 kilowatt-hours at 4 cents.
230 kilowatt-hours at 3 cents.
Balance at 2 cents.
Water heating ,1 cent per kilowatt-

hour.
Minimum 50 cents.

25 kilowatt-hours at 6 cents.
50 kilowatt-hours at 4 cents.
225 kilowatt-hours at 3 cents.
Balance at 2 cents.
Customer's charge, 35 cents.
Water heating, 1 cent per kilowatt-

hour.
Minimum $1.

Canton, Ohio:

Canton, Ohio--Continued. 30 kilowatt-hours at 67 cents.

Water heating, 1 cent per kilowatt40 kilowatt-hours at 4 cents.

hour. 230 kilowatt-hours at 3 cents.

Minimum 50 cents. Balance at 2 cents.

Comparative cost--old v. new rates

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Percent

Percent

42

15.. 40. 250 500

$1.20

$1.00
2. 40
8. 05
10. 70

Percent

$1.20
3. 20
15. 55
28.00

3. 20 18.75 35. 25

17 25 57 70

$1.73

3. 95
17.60
33. 85

$1.00
2. 40
8.05
10. 70

39
54
68

$. 120
2. 45
9. 10
11. 80

23 41 58

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