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Excerpt from Rate Reseach, Vol. 9Rate Research, Volume VIII, is now available in bound form. The issue of Rate Research from October, 1912, to April, 1916, are contained in Volumes II to VIII inclusive, which may be obtained in uniform substantialMoreExcerpt from Rate Reseach, Vol. 9Rate Research, Volume VIII, is now available in bound form. The issue of Rate Research from October, 1912, to April, 1916, are contained in Volumes II to VIII inclusive, which may be obtained in uniform substantial binding at $8.00 per volume.300 - Investment and Return.City of Springfield v. Springfield Gas and Electric Company. Complaint as to Rates for Gas Service. Decision of the Illinois Public Utilities Commission, Fixing Rates. March 9, 1916.Five separate valuations of the respondents gas property were submitted in this case - two for the respondent, two for the petitioner, and one by the Commissions engineer. Considerable conflict in opinion as to the basis of valuation which should be used in a rate-making case, and as to unit prices, overhead costs, depreciation and other important valuation matters was shown in the different valuations. The Commission compares the theories and methods brought out in the testimony and data presented and discusses the different questions at length.The Commission holds that a fair value cannot be found either by formula or by undertaking to fix or to assign an individual value to each of the many component parts which enter into the aggregate plant or to segregate the various elements of present value represented by overheads, working capital, materials and supplies, intangibles, going values, etc. The Commission is of the opinion that a finding of value should embrace the respondents system as a whole and should be found by a reasonable exercise of mature judgment, having its basis in a proper consideration of all relevant facts.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.