CITY ELECTRIC LIGHT.

Dominion, Volume 2, Issue 546, 29 June 1909, Page 5

CITY ELECTRIC LIGHT.

/ : |./ijMONTHLY BEVENtfE EETIJEN./:.'\ ■■' ■A;rbpprt;cpyenng the reyenue'arid expenditure ;:of. the . City; Electric Lighting .Department'for the month of May was presented .to tho Power Stations and Tramways, Committee of, the City, Council; at its meeting yesterday afternoon;»■■•,'■?•. ■~'■',':.: ,/'//■■: : -.;- ■Z^■■■;. '■■ •'■■... .•-■,■-,.:■: :The\^talievenue : .amounted to £4555, an increase.of,.'£96. as'compared with the corresponding: month/of the previous' year, while the.:, working-expenses/,; £2425,-.'showed • an increase of £334. over-the 'same, period." : The gross revenue' shows an inorease, periodfor ■poriotl, : bf ,£391, /and tho ..working expensps £602, on a 5 comparison as from the .beginning of./.the .financial year./. After providing. for intbrest/ .sinking- fund, ; and , depreciation charges, amounting in. all to v £2918/ : thb net profit -for the first -two months of this ;fihancial year amounts to. £1030, as compared with £1655 last year,-the decrease being duo'prin'cipally to.tho;higher/capital.charges (including/interest on; overdraft)] to bo met this jea'f. '.';,:■..:•'., ~/'■/■.;', ■/,■.'■ -' /: ..'- ■■- ■'.■-■.-..;-■■ ..

,"■■;■ -Month', for.imbnth 1908,. an,d ■ May, 1309)i,th6 revenue from privato ;.lighting shows aiallirig-off 0f.£292 17 S ; 7d., and that front ■ the supply 'of ■ power, £81; ■' there •is ;an inorcaso. in' the public: 1 lighting business , of £470 Bs. 2d.; Over all, however, there is an jhcreasq of-444 in ttio mimbor of 414 for tho supply of light, 9 for power, and 21;fpr radiators: ■■. .?■ ' ■ .V: . ~: ...