ML20101M515
| ML20101M515 | |
| Person / Time | |
|---|---|
| Site: | Catawba  |
| Issue date: | 12/31/1991 |
| From: | Ellen Brown, Clayborne H, Rachel Johnson NORTH CAROLINA ELECTRIC MEMBERSHIP CORP. |
| To: | |
| Shared Package | |
| ML20101M503 | List: |
| References | |
| NUDOCS 9207080268 | |
| Download: ML20101M515 (34) | |
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es 9 North Candina's 28 nitalriertnr awperatwo verrjou nded in the 1%(h . and '4(h to bring riectnaly to areas of the state considord I:w remote and u nfojitalde to Ir vn ed 19 municipri or inenfor-owned utshtin. Today, thme a,opnatwn are senrd 19 threr i vparate statewide orgar natwns, all rumler-owned and non profit. Thor organi:ations provedr whidnalepourr to 27 f.!rrtnr hiembenhap Corporatwns i13KM and matntah suffdy and trade aswnation vn ites to all 2N131Cs in the state. . Thne statewide organaations cre: -
- The Nonh Carolina Electric Alemhenhip Gnporation (NCl31C), a generatwn and transminwn power supply anterative, (NCf3(C -
cho vn n as the umbulla airporate organi:ation in many matters B for all three statacide organi:atwns varing North Can, lina's naal circtnr awpnatwn.l _
- The North Carolina Anoriatwn of Electric Coopnatwn, Inc. INC3EC),
a statnvide trade anoriation that pwridn a vanrty of snrires t-memben, including wjety training, govern ment relatwin, communications, and youth and adult progtumt
- The TarheelElertnr Alemtenhip Auoriation, Inc, ITl3fA1, a rentral purchasingand matnials supply amperative.
Together, the 13fCs, NCf31C, NCAl.C and 713IA vnr 583,Uth) houvhrdds and huunevn, more than 1.46 million people from th# Outer finnin to the I:lue Ibdge Slountains. hen ice extends to 45
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For the North Carolma Elcrtiir Alcmlenhip Cot}mratior.,1991 was a gorni tra+.15ci auw of our < onlinued initiatises, we he ought clertric power and awo< iated enic es to our < onsmner-mem-hers at the lowest gumible (ast, met our financial of jeuises and Lept espenses below budgets. From the beginnmg of the state's rural rict nic sniem in the 14% and N10s, our stratep has been to c onstantly wel w.ns to make cleurir powt r more allordahic. That strategs has made <n i rautious in cronomic Inom innes, and stable when the economy is unstahic. We beliese this su alegs has helped us wrather the retenien that burdened the nation in 1991. We provided considerable flexibihn to otu generating and transmis-sion capainhtics Ahmg with our existing patt<mnership in the Catawba Noticar 5tation in York Counts. 5 C.. ws dedit ated two pral-shaging powet plann on the (luter llankt
- The plants. one in Ouatoke and the other in lluston, < ost about $15 million to build an expenw that willle trimered through s.ninp on pral-period cleurir power.
In 1991 we focused more on (harting our path for the future. One taajor initiathe was the deselopment of an in-houw power supply and tax planning rapability. We behese this in-house planning capability is far superior to depending totally on the uw of outside consuhants as had been done in the past. All initial powei supply studies base been completed and will be incorporated into a < ost-ef feuhr and integrated plan. The demand-side and supph-side sindies will be integraird 3b mv of1992. We aho res cised apprmat in 1991 from the Rural Elet triikation Admimstration f or a resenue deferral plan that will help us of fset exprued luture inu caws in power < osn and uabili/r ciruric ratet fly having the rnenue deterral plan in place, we will he able to defer rnenne until it is needed to Lerp rmts down for our consumer-membert We're proud of this initiative - it is an indication of the Lind of thinking we're using to appinac h the f uture of rural elrotir noperatises.
Executive Message Morithly atuliting td the opriatuvii anil tiirl expriiscs I tlic (!atawlia NLit Iraf blallini is t (intiiltulig, as is the f estiltillisti e d sailinis disjnlirs htt}t ('.af tall:1.4 Pt#wt I & I,lght aild l)tikr Powfl . In krrphig with ton rmilonmental poht s stalt iUrnt. N( 131C has stijlpoi tril state and flatitinal If scal ( b destgin'd Ut t!c'erlQ illipt er.t'd drfiland aint slipp!'. d ejltit uts that will assn 3 0 pflitr4 - tioll 8 d (lit' t ilsit onillrtil. We Mdstantit d a plinjMbal to (lic Irderal I nrigs Negulattin ( 4 5tnttos sion in 1991 to t lean up a }nlluird lake on ihr het on Rner in llaywood Counts and he allowed to opf r ate a tedrialk th emed hyhorlet tin ta(dits at the lake. Proposed impitarments would he pomble onh il N( l \!C weir granted a long-terin in eme to opriair ihr Inth ot let tiu , projet t. ~Ihr pt ojet I was opriated In (.:P&l. undri a hing-terni hteme hom 19' ti to 157 ( and on oncat ar it mporan in enses ner suu r. Our appht anon was iturwt d in ihr Federal I nergs Regulaton Commisdon last spiing. A ruling is expr(ted this trar. Ihe past scar saw nunt .arnt in out long-standmg autormt suit against CP&l Although alleged ant:4 ompetiin e ai tiom undritalen priot to 1973 tn ( P&l when drahng with NCDIC and Iti DICs wrte dnmiwCd. the was was t leati d a for at tiom atter August 1973 to be be.ud hs a inn. NEDI( /s - t.laim states that CP&l. atit il to kr p the DICs out of the husmew of gruerating ilet tin ity through anti 4 ompruine ai thities imulung othri powrr companies ~1 he a awr will go to trial this svar. We aho filed with the Fedet al 1.ncigv Regulaton Connnnsion a toival(ninplaint aganni Vnginia Powri (:ompam askmq that it uppadC its las ihtin sening six Dlf W or rrdm e r ates t harged to N(:13!C. In shoit.1991 was a scar of contnuird tinclopment. N(:DlO inennes beiaine subject to int ome taxn in lW, . nut we paid sut h taxn for the in st tune in 1991. We base matur ed as an organization. An oig.mirational andii in low 9 ict om-mrnded some iror ganization and enti m im mg. We stat teil f 4
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h ' yest! c a v o l u n, a i t<<susc st a . s e r > A i r c e r t u r a t u e s r 4 b ! r l the gutx rw in 199n and dramatically strengihened the orga- j nization in 19'31. We now hase our own peak gete u.iag ; 1 b plants, aint hate added a host of ses -- ' ..... \l'i and l ll 6 their c onsumer-rnenderrs. l ,, We're in a brtter position than rser In fore to takr a stronger tolr in the economic deselopment of North Carohna. We will l (untinue to arthch esploir enrigs alternatises and be in-whrd in acthities that he3t sene the intriests and nords of ! our conunner-members. Together, the Nooh Carohna Elcrtric Ah mhership Cor}mration. > i the North Carolina Awociatiot. of Electric Cooperatnes and , ti- Tarbert Electric Alembership Awo< iation ate ur
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t i f~ W. H. Eugene Clayborne 4
"' ' i President j . Torheel E!ectric Membership Eugene W. Brown Jr.
Association, Sc. President ') , ,7 (': / I North Carolina Electric . ! Membership Corpora 6on Richord H. Johnson
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Non, olina Association / d l i of Elect. Cooperatives. Inc. Wayne D Keller l Executive Vice President a I
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P;w;r Sustoirdng Production in ihr rat h 19 sow Service in St,pport of Technology NCFNIC bought a M pn. Power We are a senice oimpam i rnt share in the Catawha in 197h. the lat herl that must rehabh amt utely N "' I""' M"""" ' I " P"' ' ' tin ou % ndwn h thn mimyawan dia"' mort the powet irquitr- .bsm ianon *.n estabbshol ments of our member senes N(.E\lC's base-h..ul as the u ottai puit basing (ooperatiset Our minion ratuunnentt Ihr Catawha and mainial supph opera-mainiatn that we do so at N "' IC"' S'"li""' "PC'"d hon h.r the BlCt in the lowest long-term cost bs Duke Power, operain g;, ;g , , g . powibir, c onsistent with "I I"II P"wer .n nun h a' $3n57 nulhon Abbough soumi businew prat ti< rt P"" dele. It luyan pr oduo not ir uuni to puit base ()H dpril 27. I991, the
~
inaterials llHieugh II.bl N. Nm th Carohna Elecnic sun e du n WCs a< t"" F Nt(N hasr usnt moon Niemberslup Corporation North Lu ohna base surd i use W 11 RW umrh launt brd a new era of milhoin of doltu s in power de b m d and buL ( ostt These usings, in (oopriaine elet trh wnh e hasq ana m w m in the state. We trat hed a un n. hase held down the .I ERN opriatn liom significant plateau m our '" "I P"" ' ' I"' N a w.u chouse m Raingh. long struggle to estabbsh *""""'"~I'#P""' I thspatt hing n ui kloads of our own power supply pnth ownul hs NCENIC. i mi.d unm on a daih mirm with the e ompletion Duke Power and other basis. Common (arnen are and dedu ation of two solch P"" C ' '""' "" usnt to transport goods I " " ' "' " I '"" M~ f "" M " P ow ned generanon laultin. thus W IEm the in separate i ric monin Inung dnelogu-d to nu t alnha to ir:rne an of der on the Outer Banks. we du?da n.uulforcln n uin and deiner it the neu da>. dnbrated a 15-megawatt in iural Noith Carolina to a N dw M WC , generating station in ihrough the end of this headqu.uien and dntii( t Buuon and a Smegawatt irnton and into die neu. of f h es station m Octat oke, l I"' I" "' "" ""I" N ' "" Il31A aho inordmates The plann will redute the analun of ihr asailah!r g g,g gg, g pg,g oserall rost of power for "P"""' I"' P '"' Id '" M " in gening supphn uno the NCDIC and in member <irpendable now ot power hads ot emmin iu u e ooperatnes.150th arr
- M ' "" ' " 4 "" " I ' "" " " " " h woikmq to rntote pown on, inc luduig c onsu m n"" when weather < oiuhuous diesel-fit ed pt aking "t new gnu 1 anon .uul stations that opriate onh c ause outaen dm mg ( rnu al demand " " " '"" "'"" I '" U " i C '
periods when the c ost of dneloping new pun base wholnale pur< hased pouri and unn uinnn tion agt n nu-nn, and dnn.uuh is at a prennum. Ihe plant, also sene the area f or '"I" "'anagnunit. The linuted periods during analun n guMniIn a dup emergem irs '""""E'*'""P'"'"'*R ihe rinuontnent and a touunonernseappro.uh io liv al sirw ai d sinp i 7 6 i ..
. - . - - - . . . . - . . . . . . . . . - ~ -.- - - .-- .
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i x . l o ( 1he Ucrnenke Generut- 1 l k ing Station is on Ucracoke e ' - . . I island adjacent to th.' s district office of ledeland } e
, , c j 131C, headquartered in l l l'antrgo. The 3 megawatt
}_k diesel powered generating l v::.
lh plant is used promarily to [': j
'y pret ede praking power 7,;
^'
along the coast, '
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The plant unsfirst put l \ _ l T
) 4',. into service in O< tober '
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S,~ 1990 after the priman , , v .: ' . L .s . power cables to the Outer > { ee i ' f. )'s. .
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Banks were severed u hen I ( 3 a stormbiven barge l s 9 . l collapsed a portion of the lierbert C. Ilonner Bridge. l l The plant provided emer. i 3 t l ' m genc.y power to Da ncnke . g . . V island and .the southern y m i :
? end of flatteras Island. The F . S
,I Station has state-of the. l J > <
I' art noise-et:ntrol g 2 % s. 1 r' eq uip m en t.
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j quarters of Cape !!atteras purchasine and material form ofju st-in time EAIC in Buxton is the iL supply warehouse in materials management . megawatt Bunte n Raleigh, EAICs through- saves considerable storage ! i i Generating Station that out the state can ptarchast space and carrying costs. j operaics pri:narily during iterns nerded to prun ide 1ESTA is in a position to l I , peak demand periods and service to their a nnsumer- negotiate bulic purchase ; e m ergencies. members. About 1,300 prices and manntain o } items a alued at $ 3.5 u vil halanced inventory of 1 1 4 millwn are held in materials, eynopment and perpetual invent >ry for supplies. The goa! uf a sir- J dapto-dus needs and f or tu-one onventury tur nover A emergency shipmenn ratin was mrt in 1991 l 1 i 1 durang pou er outages. For despute the rrrruinn. j , 1 1 n i I i e i 8 1
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i i I i I J Member Driveen, hud nuna.:rruent piaer am all dem.u'd ihn my pt ak , Quality 4ocused Sersice ihat wn inoutnl to di,nr oprianne p. nodt dnn i r v l'ower generated during 'l onet ha , NR\f C . uni a s peak loads bs t onn oHnw wn in g p.ns o < ost , h also ! ! monber DICs sene ihr watn brains and an dows link e Pown and i tienes of peak demand a. s consnonn s ihn um < r un al \.u guna Pout i to n diu r
- largest groa aphic aira of j capensire. In 19M, NCE3fC .un unhn compam m de mand pnio<k Ihr thor prakt who h m turn pn . gain h.n sas ed nion- nen,sduutunne launched a statewide load Nor th ( arohna M
- 1.\fC puic hers rict uit al power ' h ' " D " " U " '" ' " " " " ' '""'"*"'"'"'""I management program to im eptain m Pol hohh down I>ow n ioos bo w holesale f n m ( Luoh na shas,e peak loads. The Pown & 1 ight. lunLe i,oues in 1o91, M Ut(: ekol .dl thrn a mtomers for a iral-innr~ va n ..d f or 1,a h of Nooh ('amhnn and Yugmia Pown for i command renter fur the 527 monnonng L.P&IJs 6Ms L \K., n to. .d h ,o n.nu >nn iu s resale t.i ib inrmhn L \lls I
I million program is in the \lemhn salidauion. m orde: to impiou= du. ,nni < onnoHot bs an Wu n-m s of du- load clo u-d bo.ud of thn i un s NCEAf C headquarters < outinuons nuptmement
""" M ""'"" I" " g on n llusdn duhn gnesa and a (onnninnent to y b uildm.g in Raleugh. Isere, a knh an. ara eman uutdd mendnr o
m k o w. n . serirt of high tech displays (usirifi,3rnt air din mg bent di e onunnn s of both nunn to be msanir and ('M o I ' y"' ' ' ndones ( no rnih. N( l \1t w k (ine m ns nuihods01 show electrical usage P'"'
""i"' '"i b ugnals in u n snung du (onsunny Ilu-From thn (ose-t ontamment ,
throughout the state. Il7:en < onnnhnu m ha rm a l'"k" I"w er . nut Vu gnus 1.muh of r k i u t< < oopri a-host of innmatne wn k es Pow n . m intnum the uu s i'n Nonh (inohna conditions near a prak.
' " " " * " " C " " ' " M " "E adm is nuotar n scan h, and progiams One sm h demand stage, controllers M J h < an ndnu' osn- both ionnal and intonnat pmgram i3 tbr uairwide operate a series <<f urit< hes i
to reduu r service to run-sumers ' rlectric water .7 .7 ; j heaters und uir conditioners. . anse eme,
~ ' $Y ' - '
1
\ ' .
Y. I. o The voluntary program y
\ ..: . .
controls unore than 215.000 vl[ c-
} .
.h '.
s appliantes and reduces .
, .{
peak demand by more than >
. f. '
- x .
160 rnegawatts. hince its * ' s
- ~
inception. the peakahar- .
- a '
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ing prueram ha.s saved the z , . A
\g. -
- E3f Cs more than 5 70 .
million. These wrings R '\ ,
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4 . . power costs for 13f C ' con n mer-members. .
.- ' ; . ~
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- . .._ ._ - ~ -
%<eth C a r bin e n Ilertsee ti e m h s A s p. certvention Froin diat . . srait h. t.cural * \lembo s who air haild. Ahhtan Siail t'all was the
.57' w}
ya g
. AY--.
, .s y r ] mnosatnr programs base ing tieu homes ran most un irwtul eser.
i nrolmo Crepatry guo
.m, _- [i cmcr ged, im luth ng: apph- for the Madmum T. rNW:'by-Q R \ alur ilomr. Ihe \las intd
- the hoinos ot 310# f0 i ' ' vI * .T w o l .W .s offri qwt Ld
-AN "9 hoine has logh leu is of f amihes an:1 Irm nrs tuorr lates to c onsumen w ho 3 n . , msulahon. is heated bs Ia- ilrrl iraden than ant
*n_
+y a i hinne not to use
-h. *M' "2) +2 the Cornfon t Ma< hine othrt Voith Cernhua ein trir brat for a i.ch
$' 9 heat pt. p. and uses puhh< at son. ~l hr [mbli< a-Ch
-ppyM M honrs during the the load manage:nent hon kreps < o-op n.cmhers ---
.s4 .d t ohl winter not mnv informed about the statcN h "* .
- win h foi peak rune peak tunes. '
t onu o). inval cln o u program and
* (:ustomen of.4.cs t ral
- For rysting homes. otirn a satirts of helpf ul N.^ can use electiu
^ In 1991* NCDf C 'oined 1 h nucownen ian rr. at tulo. A iradenhip sotTry thermai storage to stoir qunt a nos osi cuerto w e iomhu ted in late lie >t.
other organizations and heat at night and use is llouset :all, a compuier- I be maga /ine will be individuals in au nwiron- durma the dav gr aphi< alb aiul editorialk iied aniht that pinn t-
\. arums uthn spn ial enental riean up program tien the oinsonwr N rnhanced in her.' to trun i m ates air t.nloird to the '
d""'~'""#^ "' "" " h "' i' ~ ' " '" k "l " Y ' called Big Sweep. The needs of unaUrs sasingtrilol'Itt cleanmp effort, co-sponsored '"'U'n't RTouly U"' , 9_ 4 ruirr,Jr is the Time ot by the University of North , homes a <bv ount is 1.,c Rat e, w h. ,u n sanes ottered for homn that Carolina $.ra Grant dming peak and otb meet enrip < onsona-peak houn, in iontr ast Program and other stat' sinn rquiremenn bm h to a constant rate. as high R4alue insula-agencies, was established Anodwr rmde is du- tion and other encip- ~ in i987 to clean the state's 8M c Rate.w h.u h allows rificwnt feat . csi, a omsumn to i ut h.is or waterways and build het electric heating raic Sery ce Beyond Power public awarrness oflitter, in half hs installing rin kwal high-clli< ient) Seniin ottard in NLt MC Afore than 60 employers, or peakesh.ning and its member DICs go spouses andfriends of equipment. heyond cln encal power. NCDf C participated in
- DICs oiler a<his e on During operanons Descii making csisting homo shield and Dncrt Storm.
the event by sicans.ng up a _ mor e enet gs cil_u v"t. unployen and memhen of stretch of shoreline at falls and swerten the Olh w-ned m dw Ar med t otum in the l'nited Stain Lake. Blur Ridge DfC in I""P"'nion w uh low-inta nt loans to fin.un e and abroad. And. wnh the Lenoir also participated in . msulation. stor m help of an .uwle that ap[rar-Big Swerp in the western window s and do< n s ed m ( Andma (ountn the
'#" '" "'"U"* W W" U"'
' U ^\
part of the state. stnpping. aiul heat pumps Y
.i
- -. . __. - . _ . -- _ _ _ _ . _ - . .x - - _ _ - - Servico i
i D 1 i Safety as o Priority Omps that en tise oiganisationt Ambassadnis at onhtanon smot he re- sein ird in 1991 %dl sene i Out otganuauon's drdh a- ! non to said) a not lost hp au sedard non thir" 0"""E" #' ^" u.nh c. In Non camhna a .'Ihr o u'psthat"C'r " 1""' "' K""""i r ,' ail, n elthe uate's W 131C' ordord in Pf31, And R b h IN "'" i '" dw nunil,n of dmes tlw) 131G I C'i"E'""; '"",a h bec seu hnt a 5alth lme guhdod for an sedits Pa ri I hH b D"""i # in 1991. 583,000 ^"'"h" """"
- NationA Rm al 11ros h 0"", a"1 IU"r ""N" households and , ,,g, n ne; gla33,nni Mi . i-coopnan,c Asu.<ianon.
businesses, more gg3asnmdh _ sen; , l hat ira d i' id I"MI"' south Rnrr ITIC. ponn, Pole Top ReHue than I A6 rnd, h.on than the natiotui eddRC- , alw nond Rural f in u n u.u n; Roanoke 131C. Ri' b C mP**i'" people, receid O xipo athe A""d70"" % I W d. uni 1 31C- W mni hum Al 28 Imd paniego, snu llahlas ITit ! their power from inidated die 544 b d. an uit o.opo anm I" g ,,g;ept gius lannin e Dd ! nation toogtam in itHA Noish Guohna < onipdr EMCs in North 13H; Red $1oingt Dw+ lode. U.M of dw nan"n's nrn mo u.an m a Carolino. The iMCs' Ruda ibird DIG fur" , 000 ein uir < oolutd"'" de.mi.o h show "I *dir'! ""d hpplysnatiIrdurd. cin, tnun and Cirv rut ' 6eryke terrbories iew ur skillt I be Ptdr4"P
' NMnulle, lont .
Many of our incmga f g. g;, n.w ur OHnprthols follo% are in 95 of North I hu > ugh i ounnmn" dam an unintrunpted sum ,Arn suln whilr
- Carolina's 100 u.nin, abo u pnimoting endang a r> h>oi an u n ,
"4 ""I "M "*"
strett hing hat L fo8 luo un'sdr uw "i d""4 pok in armonsua um toonties and ex*' dw o*+ps A"uill in ("""""' i dndn. and snuw iunon in h-from the Outer m m & W m dons , in unin to quahly I"' gg.,A m.. pound inpro for an ui< cong' Bonks to the Blue au H tado". "" '" dunon)nhknamed %"ol' one un h ynogtam is dw is uwd to simulaw We sated m 21 atras of Ridge Mounto,ms. Annna Youth l'unD opn.oion 1hcpaar" onogem 3 tru ur of au-- NCEMC is one of Rnwa twid 4 die Broy a nsoh n an on-sin' in'i"* inped wm kn. The jcti per,n &ll center sw.u hntmen muu make iadio North Carolm, a,5 lop non and the ounlulaH"n Reidudir. I be f unith of a salet) book w1ii<)1 omt.u i uith br.ulquantof t 20 componies With indndo do"""C"'d'i"" Annud Youth i noto n>lin 1 all nN r"di? Run e g.nc 30mbs an more than $1.6 of dw U*P "" "' e papment, dimb ihr pole i opp a nnun to gd d d""" and un o wing town dw mndgation and telwo hng billion in o55015 0"'I up buik .o the powrf of pn.< edures employee dunung to the gtourul *
$604 mil 5on in an u u 19. The domoinu a-u aining aubMm. pow i" beh ar hcK i nnind '""" i'd' tion, traiming f ull-v ale .
"""" * **' on alw uw of proid the iion in o< edons Whn poln .md uansioim- 1 hc pole t op Reu ur
)
rquipment and sah11 n bnonnhutedhsairt impo tion of hnes jud" 3 n,mpdinon was Ont held
$ codiso hom p.niduo' and imdeigiound builni" m 194. Io quably lui the '
131c in 1.cxington and p,. ops the are auseditol stairwide larnnul n rnt. ' scl31c in Raleigh. lintmen must pl.u r hnt in gd diw ounts on insuram e At dw rud of the t amp, simdu onorus at 1310' premiums but the money y di Amb.nsulon an' thc3 ser is a ut ondail wirord to wnr a lim'""' t n,mrin to penroting pgwrenihe131C3and inimics and sumg bres. i m 3omb and w bool f 12
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( lour tienes a year, e at h n oluntee r svart hrs s olunterrs from ivur for the anost unusual trash County i AlC gathe r to treasure to present to the pith up trash along a group ut the end of the section of interstate HI tiran up tffert. as part of the state's Other i AlCs that
~
'A dop t-r riigh way harr adopted portions prograrn managed b1 of the North Carolina
. the North i orolina roadwap enslude II'ahr lhrpartrnent of f AIC, Ilokr l'orrst; f ra nsporta tion. llando'ph l AlC, Ashe boro; f our County 1 AfC %uth flu er f AIC, flunn; Jnrst particif>nt<d in the a nd Jones-ttnslow I. AIC, pr, grarn in iUSM by Ja c k s onrille.
Opportunities for North iNlt:, m Leion * . I out adopting a two rnile Carolina Youth ronon ITIC,Inungaw..unt s tr r te h ..f' l WI on th r
%tuethe 19n0% Nolth ( It u rlit I \l( . %tatesullr.
l*rnder County /llanorer ( .attehna has }Lu tu spate,l in ihr lini al I li t t r it i.nuth tit s. Ilir in n agri s pat ht I- Count) linr, but te e rntly
.t out to O.uungton. ll t
,. pate m a Youth 'l oui Quir took orer stran-up ducirs ln .uhlitn H1 to % l 's,I 4 th liowl that lnts soulent h .ulen s h oin viious states near esit 14% the llurgaw
(:atohna high u lu.ol d d "'t "" " "' "' ruhange. It inkrs the stuilonit groups leoni othe answor nig questions on states }utin tpatnl in the right to f(3-mornbrr all-t ur 41 rin o n murs . uni 1941 tom - neat h 1.000 stuilents nationa nic, '""'"""'I"'"""' ' " # " " # "# ' ' "# I"' "' # 1 he it i n-aut is air d " l '" "' " "' I AlC nhout tu o houri to sponsoint on the inut in un k long nip is tin n th t satiinis i ln tin Tlmnlin- i ham e to we ihr nation's f i'" " "P " '"" ~
- i l' ' h ship Cot pos ations Luth, ' "P""' "'H H T "' N ' P . d W of the intnstatr. the stuilents aho got hanileon irpirwnint Ninth I?nri quarterly outings atio offrr i Nt(:, launn; Itine lintgr "I"'"'"""'""#"*"
I.%)(.., I rnoit ; I lgn oinia - i ow n t i.opri aine woh t he a c hane r for some fun as NIai nn ( .ounni\lt. help of s ai n.us i \l(' aiul
.I ailu n o, Put aiul ( ..irent N( 131(: nnplou et I \l(l. I ailll%111r; IIllilwtltHil 1310. l'oi est ( .in ; WJ t
'r 13
i l Economic Development a I i ) i i ' J 1 J l Cultivating Value Added ih4 i no;n s ain r* op n< 1 suppoit to stais up huu j Relationships in the 1 o p b uin nInn al e i.unta - ni u
- in it.i n < n n < .n ras Community n , p. . u n e n iis t h asul hi Pen t N( l \H .nni i I he nanoni nn al e h t ti n < ln clopn m n t Ir.n h r o oin ot in-i < oo} u-i r piogi.nu has a mini intur e . Ik geninng ni 1990 ine
- and uns sion ow nril
- l. t pn talh il the i nopt s a .nni < onunnuig ni loot. nnhin
- In lped opi n thi
- v in 1441 l umbre River
! tnes an able to ln wh-n un udn-t ITit si.n nesth Non th ( anohna Alicinatnr i i %fC en lird Aprings helped then nile in s uial t < oin onn lL ed f or opp.n in.nt n a. 1 in igs ( ni p< >r ationi to has e posone e ik i t on inch ninal I tri n oire huologs ! provide a $ 79,000 intres st. 'hid 'l"'n ut I" d ' t.d l wn c. the n..n ju olis t oi a! ri ononin dosi lop- I aboiaion on ( rno unial I ] frrr loan in Ihr l u tnbre ,, , gg ,ny n g.hm
. h igi i \H: ni ( eq in .n ik % n th l l Regional lirr e lop men t stair h.nr pr os ule.1 t uv al I<nou nullhun'auLI\H~ 4 atohna Nia" l~nnet uni f
e 4 oen uni ( <lo rlopine nt to, in shallotte we ir < atahsts ( nlh"co ol l a siih v i he l A ssociation, .t he loan e,s , ! innir than *,o star s l i orn I"' h ool lin ("tisti ni tion of \brinatne i tiet o ( ot po [ i one of a numbrr of efforti gn.dm when<h<nn o bounns dnrh pnient r ain.n, w hn h N( l \H'in Ips , in North Carolina ht lural lwe t l'n st pionib d hght 'on uhato in"It i t* to 'o pi >"i t '* a n "n l'i"I n l l aint brai fe., i nt al its h nis. D' os ule us ei hr.nl aeni i ni poianon intuted , 131Cs that have resulted in ; ! i l interrstfore loans from the a l Rural 1.Irrtrifica tion - -- - . - I I Administrntion. RL4 is a . .
' ~
frderal (brpartment of *
- y. *L. '
l l Agrn.ultuur agenr1 that $ e ' N* -
)
6 provides finan<ing for the *
- 4 l
i nation 's cir< tric and "
- . i s
} trirphonetoops.
- y . -
; s k
'Ihe f umber Regional ,
. r '
l I)crvlopment A noda tion will . ,
\ ~
use the loan tu uperate n ; i k w .
, - e b
^
anodri turkrs growing
~
~
L i operatton in At. l'auls and ._ l to trath farmers how to % wpplement and rapand thrir . g s , far m oper a tion s. .
"'" ~
j . I I O i _ 4 m , i f I i 14
v .<4 4 o,i.. ir,,t .. .u,.1,,.a.f . .t.,4 , , ,, a f
,g
- A i
4 [ .'N =iek . 42
> %Ar leaders of .
m..m m .
~~j ! .
I_nmorr ow , a pr ogram t %'i.
' 4 3 .
A - develop leadership Y' _
}-
potential in Ashe County. , is sponsored by the Ashe i m ML 9 j l'conomic flectinpment .+ ,
- r.; ,
. '.. (
.s Council. Ihr annual right. e
. . y mnnth long program for up ^ -
i _ to 50 partitipants includes
~
y , readings, dista:ssions end j *
- _
. N rsercises thalfoc us un Icadership skills, nanomir trends, communits needs, '""Y '"""" ^" ' "'"'T"'"' " ""'""'"'" '
otilun
- aint h (ornnuttal to eh dna. mn t ow.n r iln ing. ot hri statew ule n.nto '
tram-huilding, probtrm. pn,nunnig alm < Hn n nt use mii.n ed ilning atul anoi ianons .md no n e th.m sulting and conj 7icI of rnngs hs aH segun-nn of aloasonint shone l lu- lah 1In n ononn< dnelop i ti,e statri < < onoun . ll w.n aho ourn nonp.n arne inent < n n .unt i due anonal resolution. In teams, ' l rstahlnin d in in%n in the dnpl.n s i.f innlosn ial gu enps , participants arIn t stair l'ohin s ( omunuson hghting . uni the onh \( l \1(: aho pr os ales s ommunits projrets tu .n t mg m i noper anon un h unlepnntenth opriated ongomg supp< n t to tu soin the cln 11n unhin s Ihe inotor s it sting f at ihts m lhe tooln n of the 1 \1( s l'i om I work on dueing the Lh<n.non N nhuin a m tinn d stan t <u pt ojn n < ome huuh ( training period. In 1990, noin ou uninsa bl jo oihn - \ sesolonon pianing on annual w hol.n dups f or inin tloongh the use of t he .n i ompinhments of the nu al mung people. In UMl Illur itidge DlC provided i ories.rths n ni oln in - N o th (:aiohna ( ornunun% t hu e u hol.u ships, intalbng a grant to help launch the in hm.logies ( oHege % tem w.n.nh ptnt Enon. weir an anint n> progra m in .tihr Cou nt.v. '" ""' "' H I " ' M he ' " d "' h"d " 3 "I d " " " " ' I"4h " I " '"I " " " " ' " h "
.n ailable n the stair' . of ihr Nnib (Laiohna h.nl paitu ipaint m the and in 1991 it again u ns a ,y g , ,, , g g , g ,,
, 4 4 9, major finant ial e ontrihu. < nstonn is at oo t ost %ns h ( oopr ianu s i M :All i m l our to hlungton ihn j
for en the program. sonic i s un hule the loni . A irpor t. Inini n pirsenu d ('iru rnt l'\l(:, : I imph inent.inon of nt w ( ..n i n n e t h e ( 'i n n pi o t n e %tatre ille. N int h Rn t r l 1 cl. . o otn huoloems - a i Ar: Ihe'.hauengeio i\lc.Onnn;and mor j irsonu r t hat pia n n nh has % n ih ( .n ohna's (:onunn. Knige l' \lt . I rnon. l nm n n.,,.pu.ha.im e io, mn o.nogr a asn,m. - l
- mans plann. nulls and pih d hs the 1 omnnuum t u toi tes.1.atru air irsting on the i non e of the % nth
.un t inan nt.n im mesi a.r ( ..n ohna ( : unminun l drinonso . mons ,n r ( oltre sutrm i hr trpor t j s
i 15
j
! Iconomic Development 1 .I d
ll l 1l l
;l l J
i a . ;
- r.' i j
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l i ) 1I',,,r,
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k 19Y ,, og , j 41'9 . j
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.=
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. g. !
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l o 16 I l _ _ - - _ _ _ . . - . . - . . - . - . _ - - . . - - . . . - - - -
. _ - _ _ _ _ _ - . - - . - - .-_. - _ - - - - _ . _ _ - . . - _ . - - - _ . . . . . ~ _ ~ -
s,ros e n ,..r.. Ii..ir, u. s,..e ,
- p. o .g,,,,,,,
\outh lins e r i \lC on l'aroluna Clause s is the Iash sear,li^arrrn ~-:- ,, y g-dfpry e.~g ,
I flunn prur iden rIra tri al largest ratfish prns e nor r e sto< ls hn ponds. I nb re n< h ':N^ l rfy._ r:*;' <;m.np: e+ir. f, pou er and se rviers la a in the unnd. \ tlan tic r e guon. matursts nn ahuut r ech t l s arict; vf hansohnids and North Carolsna ranks annnth s, bs u k ne h te nte l bussnessen, tlnr of the sisth en the natonn en thr; u righ hetu ren ene E>- . . must unusual is Jeff aquarustur r u s th yr vdut tnan and threr founds. Alorr j if a r r en 's s a tfis h f a r un. A totallnng $10 mnllion. than t,00 pounds of spru nal l for me r Aarnpson Counts It'arrrn's is une of onts 22 fre d per aus are vorf urerd I thit ken farme r av linse- c ontras t forrns un the state to brung a trop of fnh to broru, If arten in 14M prot'iding thss new Ispr maturits. l stat a rd thorr of his ung - of fish flybrsd c hannel l l ar te far s,r ponds u-ith satfosh are a far <n from hy brid t hannel s a tfish, the old timr " mud tat
- lhis popular defin an of rou ers and streame ,y ,,,
nnw supplies a new and f urlas 's s affish, grosen $ ,g ,,,,g vy s j , , ,,, y , grouing retailfood u nde r s tintr olled < undi-rn a t h a t, tuons, are toute d as une today,11ar ren has of the best tastingfish 4 more than 12 arrr. of a ny u h r r r. , under u aterjnrmland that 1
- d .. ;
I
- s hora ested in %ptember, h4
'('l;^
l l Oc tober and Nos vnube r. h}; hj Alvre than 10,000 pounds -_ vf mature natfish are y w. j' netted in eath hars est '.. [ ar d are purs hased by o r j.. Carolina classtes Catfish V l of Ayden for pru< rs sing and trsair in turnumers. sw
/
17
Toomwoth Monoging Member ( > ne g o o p. .s. . ! l ull p., , s. ftequirements and
- Corporate CopobiliHes w ,,ul I h.n e in.nh a h a-e nih t ul b < a io h n , d. .
Roi.d i h i te n i nepri ain n u n i b ' 17 n al $"" L u n h " p. h.ni he i o a s nal p u i of 8 h' $u o i n it Ian 41 to b uil 'y J the tahin d s ural % o th imo N l'"I" d'tue' t .u ohna h o nu o r ilun h.dl snigirlaouh u t nins ec htt ai<ntuis ikianu Nt I \lt orio.o 6.n .untineins.n atol the n:he i nulu n s Ithone N( l \l( .u ol t he uniLt d luid to ou hule < olo i unhis i oni;uno s - , . . , e Q. j H li( lil init f r a si' ill Il6g el a tit al 4 4 allse' 't w as 9 t siate's sah s in .q,in ou d in n"' inn n :ne b o unhto + and wooh' onteih no irme Q ih, (..n i.a \ u na.h ni I l'ml. nu n la is of ihr s ui al t'
- loi'"oaon'unn -
i i b i n n e no;.. iain n w on i Hu nk is h,n r o. p n M *, onllu ri in N( l \14 .n m i h u ( i s a.hino.n.a sah s iau s on w o ninn" n. nu o do- s- & S$ i e.~,p< j lisilits lulls \in li ail lirr81% I l!M 2
- n d 'nI'8 i A un is a# w e,uld hau poi an I \lt s u hit ni tuin iniei ail Inninal hunion on I \1(' ihr sus ds .t ilu i onu nnri --
i onsuinri nu int i i s. w ho N ot ih ( av ohna's I \1( , a h r.u h a r e f.o r.1 u it h lo e n oir an inh en ni tuir p.nnrg the nu r e au d sah , ht tiowillal"Id a rb'p lasn on gini e in s. ilottung no nt w ho h hi Ips union.r and othr nri t unn , ihr yeahn of hh toi all it s Ilu er we ir noor than iin/tns 1 It t in n in. lohs 2.Unt i )olls siiti e n h u t il wanI i s i u ls. i d th at le iii . dormgiln 19n t t .o u i al luahh.uutioninnunn
\urinhh \f.u n i ,1 i h',sr P o in ilunon air unj n u t.o n f olk < h a h u n h lu iw i . .-ops i"um to ilu inial e Iri n "
i and otin i 1.usuu urs Ir uh iship in No:th ! opr i a i r N( l \t( . ionk ( alohna i < ei lbri, a4 tion to he lp <h tr.n Nt i \l( . N( \1 i .u ni le cidat o.o t hat woubl h.n r 11 \1 \ inana.'rt
- an't lunne d the apn o s eniph n t i s sh.o r a i onnnon i h i o n al woil a i o op i an no"i n.notio mneni pe i h o rn f oi it s ineml .. i s sahn s l oi i tamph . inosi 1 \l( .s mstall u urin belas .unt pi I f or in . o ra i ch i t i n al duurs n isennrtoihrn m r in b( n i.
s,,a <.43 ,. . 11,,1,.. st,.5,..A,7 < . f .. 4 r,e-3jfffN#
=
4 g
,( k,MC;; _;_j ,_
;, f'_ l?fdI? <Nj:i yi'l;, _ ; ; 3-g c
+ ,J'
;; M'My ~
mt ' lrmwrtM!'^1Ph7MREGMf00fWhG[,.?-_;.p l'f / %+y:: i l%e.1
^ !! took Carolina readily available and 1992, Ihn 'll be serrrd Triephone and Telegraph dependable electric pou er by li'ake I- AIC, Is ake Company of larburo sour < rs. Ihr t arnpany loorst. Ihr site untn several months tu find an found a site that met its vs entually at t ummndate ide al int a tion for its nrte requarrments near the snest< hing equipment as administrative offiers. border of if ake and nerli as administratin e l I
flequerrments included f ranklin s uunties. it hrn offic e s. I I that the losatson be nrar the nett administr ative an corport and ncithin the offis cs ope n in August rompany 's franc hiir arra; another requirement u as I 19
_ . . . _ . - . _ _ _ . . . - _ _ _ _ _ . - . _ . _ ..m._ .. _ _ _ _ . _ - - . . . . _ . . _ _ _ _ . _ . _ _ _ .. 4 NCCMC I nn u a,,un t fischt,gs,1, I J l Deferred Chorges i 2*. i
, *: g.
. ee 4,a%'j. 4s daf b.S;;
py* g ,h, + (;a; c{ aje *-- ' yf,. ;...p,p;* ey .+ (*7 ,* .
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N R ,.. N*g. I . p+;:~;.,.$.4 .1 l
;-*;M,- w, i
,*i'
- V e*, e I F- a }+ y
(,..,,,,,g w n, w/ s .%. y, 1.(% ;. . ...
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s; ;. . (. .., . ff*,({* 4*J,.4 p g * >'p I se,g*[w*hsy*m
* +v. ca%vj;*" n.;,, 3 4
I j Assss i l c i l
}
Iquity 2'e O Current Liabilities 3*. e EoUlfft$ AND llAgitefits , S I h 20
u r e, e + - m> w,
, m .
,,g,,
- a
>s e~ ~
< > r <
y.3 , 4>n 3 s
. y s 7, ~
- s. , ,
s ,4 y . m , j .qq; .
* - 4 ,w :n
~
4kl}# T 5 . 1 . . n. - m , .,1 2 ., sA / Ntatis hauem, eDunm Mika mene Omtsmaww Mam Cam <ma 12mriac Mtwo asur nonew y' . .. . .m ,,i . ...
. ~ n!? , , Storms'or O""nwnws AND Pmmua" C4MAld , ~. .. - .. . ..
.O EMMCX bir.Fr f
' V, a3:_. ?foratQanaddLGain 11,n9)aridi9C E 1er the yearienddIMle 31, iW1 and 19% ,,
',9 - p t in .'-% y , . ' .. 3G Hy *
'$Unaudited)( ' e , ,
',. '-g . fhsaudud) ,
~
' r
, , , , , , s
_. 3' jI g-' N [ f , . , , i i h -{ ' ' k '4hf
- /S I ;V w y '
}s3
+
,s q A, l , ,. ~-739,14 -199p y . As.fm ing" '1900 !.4 "
.- ..4 s s-u .- - - -
/ 3- tility1%nt
- .. .f . -;
V, e, , 10peratingRemucQ
- c. . -.
c m, , ,
- -.m . , ._ ;
Ehfrkrnap menW, , f / $444,313,701i i 566,692,9101 L1%fwtv,plantandqur/ent 11.514,332,779 ;;1,472.225 634 5 .
?407,848) ' '
. Odet ofcadng myris$. .
I 397,779,L.-.w- 2 N, AamidArddynNatEra ,~. . $ 455.m,2N(8$11
- m iry383$360,662.'
' +
. .4 , . i, , WA .m 1 n .. . . , . , , _,t ,, ,
.r 1,061,070,922 -
1,088.864,972 - O - Total Openting ; .-- .Revenues (s~. ~ 644,711,480 V 567,103,7581 3 , -
-s %-din mswwa> ' '
am ,- ,
+ >
N . p. . , ..: 94 _ s , t , , 7, --
' 30,534,626 % r 5),223,946 &
OperatingE.sp:ones n . , N, r;s @: e, ,' ; , < .
, Ninfmgmy '~~.~-
- ~~ em -
il'rodudirm i > < . t $1,315Acti:W 57,516,'458 : <,o '; -
- N <
m . e a # 'J ~- - c? -< '
> t Totid Udlity* Plant . J 1,091405.544 .- 1,146,068,918 :
Ef tdehad . . ;sf/yg.,%a .. m :- -
< 3 -
Lw .. .. , iA,m 362A02,4UQ333.751,6We
, , +- .. - .. a -~
"w' T Other Ameets ;
~..
J M Q.. i iTmtumssion n ex/env4 yl 1. s n%+" l.1_ ,824,8236, 1,1,0M91,302
. , . . -. c. .r. ,. .,.
g" l Mainhimiive rmd: ) y K ,*, "
$ ^ Ifnin5ArrNinauodafd i ~ ~ -; .V~; ,
my . = . ~ v
.-s+
D11,419,4. ,14 y 4. ' -.-argonhatimu ~
~ i a . .
M r
,. genev . ,idc r,efout) ,
-W 9J,42,153,i ^ .
C 7,402,110 2
- ' 7,621,486, , .~
e m . -. . . . w. sLMm r Walnfr$dahRf
.. . ~ ,
, CN f y~
p 23,835,9293 -. x-23,,453[043? . m~ M,Ar.r/rsatmesde V 126,393,283 s - m4~2,,$791 95 85
- m[ i j1%fn,eciatha (3;j * .
- WQ ? $4,568.060 dE A,897,584 1,53 K { . <
?"
g -y
- io.,. -
e -< . > :."v Total Odeer.Ammets ~ _ 133,795393' .-103,474,065 W - ygg - ,y. s
, ?W
.A
,. y s. r '25A67,705 ?(16,962,426)t -
. - m-
+ v
,m , ., m . , . .- s - <
aun v, e,c
- Sjj m .,f - y. >.Ac - 7Cughgg Aggggg ,' a l A. , .
TTotal Operating Expenses %', :^,M, . .
. t 5 WW 7
J4; ^-- 155 s33.820 i t471,089,714 r 1.-.-
. Cmh, m
( 12,620,871 0 ,
'S7 Dnu g ,
, , , y? . ..,
,o l5,369A75 0 , 4 n'sw > ,
n .- 2 xw. . . , n >. '
~'
Openting Margin " 4
-[ - .. . ' .
1 b.gJ. a ;77,660i W3.044 5 , , %perialdefeitU 5 1 <
~' -g' , , ., .m .. .,, . c . .
4 y , ,s ...-~4 'I , in '
.N - forary rad inws/rnente 123,004A06
- t115,757,121
- @enk > .' . . M .S a c Other income?; < ,
, - ,. s - ,
= -- -- - -
+,s- -o; - - .,
n p .; 2. , s m ./2s L JAca'usu'sMdid 4 '21bA46A16L . - , l191,286,098 e :MPii 113A00,549 315.385,3090 ? a 'k - - N
+ r/sNt i 5.
- -. m >
, 3 m wo , , - x6- r cr .. Wh"er rumn/ aders : "'
278,372 ,. e<, 237,702' *s .
~~~:
- 'p, m ~
ms c v z'.Odety o -,4 g ~ E 391,0201 . - - . - #.q . . s-2 -
< ,521,535 .. , pr sf Y,&s
+
i /. - C', ,E ' C t - - sTotal Currmt Aucts' '- M ~ 355p~30s&5 m s 1312,650,596 f .a U , ~m
, f ,; Total Oth,erincome t,WC13.991A09 $ i j 15,906,844?
, e ' M- ,
g_ - ,n, s
. < . My 'J
~g r -. , , s.. < h DefNr^ed Charges 1 < 22,345,454 2't,'582504
; lideant Charges j ' - ,
-m---"
'.4
<e ' '
- ~ ~ ~
M a-. m .
,V-
, . .. y%- 7 5 ? _. ,. . S f $1.602,777,160 : 1.583.796J83 J-J Totanternf expene *- ' 4 *=*105,626,017 .&
+(, a:,%-q - ' 103 4 y ,122,2541ga a , , : F
- e. ' ... @ e. #
M 9:
%7 &. ylsw fay)n;temt charg- &M O+, w~= -y f, ' ' n;,w^ ,;p ; ,amts sw $ ANDIlumMIS x n 2 :
- -;y
~~
' ); 3 w; , w 'W nx { -des ( kq' _ _ _j JY
^
b h.?> n ff; i
) $0 (ONstf$fht l..o _f s lff, ;_
7 e p n s.. w .. ,,
, m - d 1 . ~.m Msoortnationg ebtexpew p ' 31.843.252{ > }1,093.340 ? { .. , Wendenhlp Ters -
}} -
!$700i 1700 - :
v . ,. , ..,w . .. . .. am ', ., o,4
'2
, , m .,.-m s ,.
, 9 paf,,,iage G. . . 22 113,6643 ! 22,113,664 E 1
, p, w ,'. ," phal ,..,c
~
0, 1 Totall,atercas Charps 4107,449,,2695. 3 09,215.594 ? m
. . - - ~c
,$ ' a f '22.114,3441
". & f ' 7 '7 ,294!.W 3 . . . t W ;ITotal Equitief 23114,364 L.-
a% ,
, Net margN ~+.
^
2,702 ~p, " a : - . ._,
~
, Patronage Capital . ' ',.- . . .
IMeh,nn Debt)
-- -. 1,334,621'928 -1,348,527,995 --
' 10 ginning ef)' ear s .e 22.113,6641 j 19,411,370 L
. . . - . ,e -
- Cu ent Uabilities ' _
e : .. ~ ', , ., . ., ,
, Patronage Capitab a ,
s .. . ,,.. < .. : Nolofwvable-
\$
Mioffent - j22.113,664.~ .22,113.6641 AAwas Apah : - g <
<4
. i nfrl '.44,602,713 31.281,332-l A]Piatd %epanies . 220,815l 35,229 ^
/miemt derrud 1,403,294 1,937,694
& Oda accrud expensn __240,013 - j37,589 .g Total Current Dahl11 ties _ _45<466,835_ 331391,844
-s- . - . ,. --e 51,602,777.160 - 1.583,796.183 f-21 y fn Y 4 % y -'j-E J -~
g g y g
F NCAEC t o n a ar a c a t ip o g s t , ,, , , , I 0 i I e4- t l k '
-r t , R i l i !
l l l ! , I l l 4 Asseis t l l I
?
i l i long Term Debt 5 %. l foe c vf.Wh h /e! ? . ., , VM.J
* * *9
...4..
l v,.4.%.%
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. j-r'; 4,
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n e.w'lpoe ns o ap72 s.
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f,. g y 1
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[ h* ( h y 1 [y.l ' m os - - o, + hk k ( k O N;:q $ EU $ [ f eaM , ?.@%'&1. J. ;ay ... . , s k-$g7, 4;w y M my,Nov14C#AtN+ s ; w c v. ma:. AmixundsOr mcmcCoonm, + r , ~: Wem r Cuotre
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- t.hi$[ [h , bi ';1 LN,.. 1 U U N- h((Punk, h dGk M [, . $7MF. 1 .d' We rMTotd Operadogincueme 4 3.112.100 M,N.' .
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; .w- w 3 !N.846,'404D XCwrmt Ameeti g . g' e: $ 0,870MI1 bpu ? ,m '
, JSalesjNetB 7 Mr%vt i. w. , ; v~~ g ; .,
w,.aj<,. aJ ;g 3 ;V og- 1,695.326 p~ ,; 4 iiCoot of 31 - <*
.- E -$U6d419.
" , *Anudres.ltnrismW Tradr ^ '2,712,571 ' - 2.496,22$ b W e L
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'nt,mg p , immt.orr.
~Goods Sokt .~i\J 2,762,15044 >
< <"=: ~ -Je> :;3,172312i_ - -
=-
. .. a y sa.g- e u At,sur.t4Iturisolde OAc.r ' 19,003 .17,928 m , / " . 'J -
- a. y 'ywga,yggy 4 23,306.306 1 1 34,717,415; 9 , 1, .- m .-
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- s 2,2h0,267- ,- .'2,762,150, X~ 4 a3 L ~ 4 -
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/ lesdodingIn6eryg ; +. ! 2,230,267 $ ;i;762,150 rLTotal Cumn'tAmets ; ' ~~~vmm,987,538 6,647,220 J6 -~-
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. -= .- . . a. .
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%cp ~ JTotalCost of Good.Sokt.t . 4 29,288,269 L c 35,,127,357, . : ? lhed Annets) y ,[ I [i /y 4 < -; s . [:.8 D . *1 l Y!me- emiI'-m m t
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W ' q Creine Margin! ?j 1.582.142: 41
- s;- -
v .'; r ius t>. ~ v ..r. c+ , gydffn 41,593 - J 33,s22 "-s! gM &% m $43,000" . A,759,047 ' "'e: _ Operating Espervies- .s. ? 698,761 r=< - 239
,115977' '110.251 3.. _~c;y; ' m-"~r7, h. ; M< 'arekwh uip.snentu mv .. g.n s .: . .. . e .<
pg - L Opd M +. Ma @ ; o m M s- .i Buddi@-; f=. - - - -625,204 m- 1
<t 625,202 -
m M &s a739,062 ~em-e? =-J1,060,286i * . c g m : m-l, . .a 17 $ 3 - . s
. s ,
agy , ;e OtherincomeK e(
- s. & J 442,257 ' 819,532' i e e- ,
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l f133,21G,' , , c frut A' munenlard Deptreinstori. '440)~55: * .'/ 444 " ~&O2 : 'x m % 134,873]. - m u eu,
? l%}n%tlwcmWa
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" ' Jhritarmnalname% ;'M
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4
' ~ - _
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al h,n"Q .y4! ' &pa ,y ..a.;.4na W, , eU,t*~ - , A; sr-T : 41 & ?. L i ,
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,. _ _157.2,50- . .157,250?. ",
- c. -
; M. , ! : <, 9 - > +-
MMMNg "Wny? 7% Total m Odich 7 income~7e%w.Se < e 5 ' %--4157,509 (/t C174,N, / Total Hsed A eta"
^
sr -~ v ~m 539,m149- --m,-532 680, a a, ,; m 4y - Awawgag44 ;, t
+
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;nv i194,194 - 193,993 - +
, au '"
7kk@@;MA! 6Y, a ipg . s < S / AY X = J A OTotalAMel#- a 57.300,563 37,714,211 '
- f Nh @%
ga = L NetSqln) n&% ~ F . % a s r t s L,S96.571; W1,234,532 , _ w; , _m
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+
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- CumutljabDitles !,
q*Y e ;,urs* Murmnhf.1%2soney :: . yl, ;
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g a% Mm, ,,wts Paine ; $ 2,127,$40. ' 2,358,918'.
& se,~- , , .~. ?-- /P n, f' -
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..Ortificatn gp" * - . 695,827f '"< 670,290 , e n%n un : :j '
', Annkvl!Jabilists;;c ' 29,148 . " 22,874
~
skn % w"' .'l%tn,ugr Cajntal$rktuifint:? '
-+ . .v %e Sri 3 - - mv^ -- "
Ibfrvaage Cap /follbyak j . 230,216 .309,636 <
- 4"> 230,216- ! ~~-~--
h SiW@N'HisOmrntliabikt/m - e 309,63$ ~ r w~~~
+
pf M - a>
. -. . - ~ - x.
d 4 fa %* ix v aN< 1 9 e 1TotalCurrent IJabuities 2.387,252;.c 2.691.428 - JM . " 4 Patronage Capual > p f ,
, ~ ~ ~ ~ - -
[ T ~ lyygg$.,
,, , s g -
, J 54,992,611 I S.022,083" [Totallhhilitibs
. 2,387.252 2,691,428 n . i :,
rr
'Q ;
l' "s. 4% 's Y,. n fyn\gy 2 y1 / i . Mrmarrihlp hrs 700' 700
,$? ' .g, i, -
\:Mi 4 Y-Pe% map Capital 4.992,6 _11 _ 4 _5,022,083 . v4" "I i , . . . . . ,
% TotalEquity 4,993,311 5,022,783 7
p&
<y-=,.
1 e, ' Total , * ,e and rquity - 57,380,563- 7,714,211
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Noam Cutouu AwulmoN Pee Dee EMC Carteret{ raven E MC Tideland EMC or Dscritsc Coortm4rnis Emenett s. Paner st m itIugrnetinturne iJmd it Iar
- Ru hadj Johnson NAs Piedmont EMC Central EMC Tri-County EMC J. Ronald M<l.!benet R. G hrei he twn I. Krul 1lan h l W harlDas N Nident Rn hard G Rohrns Wilhain G Ibinmple W. t N ott.Jr.
Monelljunes,Jr' Pitt & Greene EMC C#euent EMC Union EMC M"' # '*'" Wik A Nim R. It Wan.Jr. Phibp 1. Walb J. J. G,iman Junnn R Ihiston it 1. Atarnes Randofph EMC Davidson EMC gg gyc
, Ibb L MiDulbe I dwarrl N Droid Gharin Trague pn i W m N. W4 k Muiaf Blue Ridge !MC 'Mn M h M Roanoke EMC Edgecombe-Martin Co. EMC th uglas W. Johnson John WavirufI bwML IWidt. Divin H kn6>rn. k '
Manhew Grani hl t ec Jr. Tasturit hacinic Brunswick EMC Rutherford EMC Four County EMC Mmmnar Amnow
'O "'C"" "I "*"'
8 ^ iuan 11 i ugene (Interne jowph N. Quinn R W Ihnihand.Jr. gg, Cape Hatteras EMC South River EMC Halsfan EMC Gan A Whnener Mpun D Rummei
.h W. Mmhd W bl L hmm N oraht ll 5 b'*F tron Autn Montlijonn, Jr. Witha M< Knight Carteret-Craven EMC """
Surry-Yakdin EMC Harkers Island EMC _] Krlh fluuhens L lems Dmi'
* * ' Albemarle EMC Grady V, Nu hoh -- Grorge G Barton.Jr.
Ibem 11 Wlute Cen a gp Tideland EMC Haywood EMC Blue Ridge EMC
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