AUCKLAND GAS COMPANY.

New Zealand Herald, Volume XXXVIII, Issue 11716, 26 July 1901, Page 3 (Supplement)

AUCKLAND GAS COMPANY.

I HALF-YEARLY MEETING. HALF-YEAELY MEETING. ■;'::, .'A meeting of shareholders in the Auckland S^gGw' Company (Limited) : was held■-: on July ', 24 in the company's office. Mr. Thomas Peacock presided, and there was a good attendance of shareholders. The statement of receipts and ■ expenditure , . ) "for the half-year ended June 30, 1901, was ' ], ; mhmitted as follows •— ■' ' , - ' RECEIPTS. * „ £>' 8. d. Gas sold by meter... 27,977 10 0 I Gas , arrears • con- .-;."■ sidered good ... ... 400 0 0 £;!7^'4Gas, public lighting f->;;.';, (including gas supplied, extinguishing, ,• $$&?&#•'cleaning,-^' repairing, ■■:' ','■"''- ;.■.:'.':'.""'' ?i|s-5' • Renewing, etc., lamps '$$$'osi/to city and suburbs) e 1,733 14 '9 -■'■::'", „ £30,111 4 9 Eesidual products ■ : >-< f &si „ , ! '-"- " £. a. d. Coke ... 2,917 12.6 ■ Plus stock 143 5 0 3,060 17 6 Tar ... 1,237 7 -4' ; .., ■ ■". '■ '--"-■:, •.■:■•'■■.'. ■;'<■ . , Plug stock 61310 7 : ; ~ ■'■"■' : - ' .-: 1,850 17 11 . u ■ i Ammonia water"' ... 37 1010 ';■ r-S&i Cash sales residuals... ■"■'''• 467 14.-- 9 * ; s?W,i'-J-., ; '-. .:■■-:■. --. — : £5,417 10 -i : Rents receivable ... ... ... .43 2 0 - , Interest ... ... ...... ... 35 6 5 Sss fe Gas fittings, engines, fitting, fire- . ,; *"..'■ clay goods, etc ... .... ...655 0 0 1,:. ' ; Total receipts £36,261 14 2 '" . . EXPENDITURE. '■• "Manufacture of gas—' '■■■<:' '■■■■''■■"■'■" ;¥iSs:^ v.-:\'.o: . £ s. d. Coals ... 10,238 19 4 - Purification - 387 15 5 ' Salaries, engineer, , officers, and clerks, sSiSWS "at,, works ■■■■■'.■:. , ... 987 4 10 '; ; wages (carbonising) ... 2,333 811 ,;... ; J Repairs and mainten-,.<-.-u ance works : and - plant .... ;.: ... 1,842 3 7 ■ £15,789 17 1 Distribution of gas— .■;'.' . *; ■ 1- i/ ; i Repair, * maintenance, and renewal mains ' -: '■ - and service pipes 354 18 . 1 Salaries of officers "' -/•.. ■"•,.■" ...-.>:: and rental clerks... 872 9 3 . Distribution labour.. 712 19 4 r Repairs to meters :., 132 16 2 < . Repairs to stoves ... 282 17 11 ' :. Pipes for gas ranges 116 17 7 "'•■ , _ £2,472 18 4 ~-. Public lamps ... ... 306 10. 7 Rents payable ... 74 5 0 Rates and taxes moiety ... ... 1,376 10 2 . ■ , £1,450 15 2 ?; -,"\ Management--Directors' allowance 225 00 ' '. Salaries, secretary, etc ... ... ... 759 710 ;:■;■[■■. ' ■ t'f Salaries, collectors ~".: 254 7 5 ' Stationery,, etc. .. > 237 13 1 Auditors ... .. 25 0 0 .-- General charges ■ ... 410 14 l * : £1.912 2 5 Total expenditure ... : £22.432,3 7 .. Balance ... ~. ..... £13,829 10 7 ' Total receipts ... ... ... .... 36,261 14 2 . Total expenditure ... ... ... 22,432 3 7 ■•■:■■•'■ , Balance ... ... ... ...... 13,829 10 7 Dividend at the usual rate ... :■::. 10.624 13. 0 : — Carried to profit and loss new acconnt ... ... ~.,... £3,204 17 7 . ~ . ■ . .'.'.■■-■-• ; .-,,.... The Chairman moved, "That a dividend of 7s 6d per share be paid on the paid-up f shares, and a proportionate amount; on the partly paid-up shares." ■ *. Mr. Joseph Raynes seconded. _ The motion was unanimously carried, and the Chairman intimated that the dividend Would be payable ;at the office next day.' ; : f.Mr. P. H. Mason moved, in accordance *ith notice, "That the . previous : resolution *» to the honorarium of the Board be rescinded,? and -in lieu thereof the ' annual amount -be £100 for each director, and £100 additional for the chairman." Air-' Frank Henderson seconded, and..', the motion was carried." , ' .. '■r •"" " ' ' -•■ ■ - ... .■.--— —— r :■;■■■..'■■