GAS COMPANIES.

Colonist, Volume II, Issue 193, 26 August 1859, Page 2

GAS COMPANIES.

We append certain statistics published in the pros- ! pectus of the Wellington Gas Light and. Coke |. Company that may confirm ori assist such calcula- \ tions as may be made in Nelson for a similar obj ject. The capital of the Wellington Company is | to be raised by 1600 shares of £5 each. j ABSTRACT OF ESTIMATE FOR CONSTRUCTING THE GAS WORKS AND LAVING THREE MILES OF MAIN PIPES. £ S. d. To Gas holder and Tank, Retorts, Scrubber, Condenser, Purifiers, Metre, Governor, and all pipes and fittings, required i within the Works—free on ,bowd in | London ... ... 1260 0 Q To Three miles of Main Pipes, of the ' 1 several dimensions required, and in- | eluding *all syphons and bend* .*. .. 1100 0 0 To freight, insurance, and delivery to works •.. ; .-..{ .. .. 480 0 0 To Retort house, with ovens and chimney complete ■ 600 ft 0 To Labor in laying Mains, including cartage, &c, and in fitting up Gas holder, &c, &c., at the Works 596 0 0 To Superintendence and incidental expenses .. ~ , .. .. 474 0 0 £45.0 0 0 Working Capital (for purchasing Coals, materials, &c, &c.) .. .... .. 2500 0 0 £7000 0 0 ESTIMATE OF EXPENDITURE AND RECEIPTS FOR THE FIRST YEAR, v SUPPLYING 3,285,000 FEET OF GAS. " Dr. - - ' . To 455 tons of Coal .... .. .. £1365 0 0 To 550 bushels of Lime,. 55 0 0 To Salaries and Office Expenses .. . ..* 350 0 0 To Repairs .. .... .... .. 100 0 0 £1870 0 0 Cr. • ■ .."""v. By 3,285,000 feet of Gas, at 12s. ■.. .. £1971 0 0 ByCoke.. ..... .. .... .. 600 0 0 By 4000 gallons of Tar ..' .... .. 160 0 0. 2721 0 0 " Profit ~;■ .. .. , .;. .. XBSJO 0 £1870 0 0 will yield a Dividend of £12 3s. 2d. per cent., ; on a paid-up Capital of £7000. •ESTIMATE OF EXPENDITURE AND RECEIPTS FOR THE THIRD YEAR, SUPPLYING 6,750,000 FEET OF GAS. Dr. iTo 940 tons of Coal ..,,.. .. £2820 0 0 To 1120 bushels of Lime j.. .. .. 112 0 0 To Salaries and Office Expenses .. ..450 0 0 ITo Repairs, including aU wear and tear 250 0 0 f 4g3632 0 0 . Cr. —- By 6,750,000 feet of Gas at 10s. ... '.'. £3375 0 0 ByCoke 1240 ,0 0 By .'8250 gallons of Tar,. w . ...... .309 7 ; '..6 --'■• ■'■ ■ - '"'- * - 4924 '7 6 Profit ... .'.'/;.'•,. '..' 1292 7-6 J3632 0 0 £1292 7s. 6d. will yield a Dividend of £18 9s. 3d. per cent., on a paid-up Capital of £7000.