Declares Water Rates Not Excessive
An order affecting a number of cities in Oregon has been made by the Public Service Commission, at Salem, Ore., after investigating the Water rates of the California-Oregon Water Company. The Commission decrees that it is satisfied that the company has not received an unreasonably high return upont its property but has obtained less than the investors might reasonably be entitled to expect from investments involving like risks and “less than the prevailing rate of interest throughout the territory,” and says: “In view of these findings no general reduction in rates is justified, nor is it believed that total returns can be satisfactorily increased by advanced charges. All changes in present tariffs will, therefore, be designed to maintain as nearly as practicable the present total income and erase any possible discrimination between customers.” The order affects Medford, Central Point, Gold Hill, Grants Pass, Jacksonville, Rouge River, Phoenix. Prospect, Wolf Creek, Glendale, Eagle Point, Talent. Klamath Falls and Bonanza.