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V"- (b) lb w m Id be helpful bo know end possibly have testiisoay f^sta a local bitter as w the rates of Intaresb sharped various type# of loans in £®s Vegas, and these bo be compared or miabed bo slaller rates f w loans M i s in California* w 1 do nob know, 1 taor# or % m m m m s m that the loan rate might bo 1/4 to 1/2$ higher In Nevada* This would bo helpful in supporting the ? klghe* rate of return in comparable utilities received in California* m m im w hile .no computet icm baa yob' boon made on the revised b asis fo r ItfNS© and 1951, using Investment dost# i t ia cle a r that the gross revenue d e ficlen cy wsder th is la t t e r b asis w ill be lo ss Horn oi;*£or the O rig in a l Coat basis* lik e w iset tirder the fte s e n tte y Cost basis* tbs revenue d e ficie n cy w ill, o f soarso# b* su b sta n tia lly in assess o f the c^ iglnel Coat b a s is , and as s e ll as tb s 190,000 S p § is being re ­quested. m i pattern* o f souths* ©oaforiBS to tbs fig u re s o r ig in a lly developed in tbs fioveaber re p o rt, bat we do bare Cox* we nay hare) tbs problem o f imving ear o rig in a l seat e e tlca te as to tbs revenue d e fie ie se y required as le s s than that whish was requeiited in the amourt o f #90,000, Mr. itensriek suggested that i t wigMi be w ell be bare made a eosip&tatlGm on the inveetmsnt b asis w ith land inelnded a t tbe redeaed acreage - tbs m m as that in d it e d water Us# other bee bases* 1 presume, however, in th is la t t e r inatsnee, i t should .be set mp on the b a sis o f book seats at tbs re~ dueed acreage, lie w ill bare snob a fig u re a v a ila b le . I t is fu rth er thought t e t r a d # that tbs Jfovember report be t e e a v a ila b le to both, the C ity o f baa Vegaa and the Nevada 0o»siaaion In kareh 16 th, and that the ewppXe»*ntal im port be t e e a v a ila b le a t a la te r date, bat before nm hearing, in in te r that both p a rtie s t e e a v a ila b le the m aterial that the Cempsny w ill present et the bearing, In order to a ffo rd time fo r study, i f th is is not done, I an. sore a wm&tmmmm w ill be asked, i t w ill probably be asked in any event, but o e rta in - ly ip p lia a n t w ill be in a b etter p o sitio n to r e s is t swsh re ­quest i f the ssaterial is node m a ila b le ahead o f tin e , I t would likew ise be t e ir s b le that eueh reports be given in person so M ist aeaeaeary explanations nay be note* S im ila rly , that the company have a v a ila b le prepared statement fo r the Press, In e ste r that the *ress w ill- t e a a v a ila b le a t le a st mm release and fa understandlagly w ritten w ith reference to the fa e ta . 06 - ssr, Ste* Reinhardt l y * 1 * 6 , E e n w io k Hr, w* H« Johnson nr, s* l»» Bertolaeei