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PROGRESSIVE GLASGOW.

ELECTRICITY DEPARTMENT. The acconnis recently issued or the Glasgow Corporation Electricity Department show .a gross revenue of £405,372, and n working expenditure of £2-18,517, leaving a net revenue of £186,855. The revenue last year wa-.s £177,417. Interest on loans and so forth totalled £134,i j6B. the balance on the year's working being £52,286. Depreciation of £52,745 is written oft' capital account, leaving a deficit on the year's working of £459. Last year there was a surplus of £Bl9- Contracts have been entered' into for the supply of coal for next year at prices very considerably in advance of those.-of last year, although since the issue of the accounts coal arranged for under eontract has been included within the scope of the Coal Prices (Uun tuition) Bill. In view, however, of the r-crious increase in working costs, and increased amounts payable for interest, sinking fund, rates and taxes, and a general advance in! the cost. of « 7 l materials required fhirni;-; the coming year, the committee recommend that, rather than alter the existnm;. scale of charges, 15 per cent hp add'ed to ail .accounts from the date of the hist survey. T»v:: charges for current for- t-hc year 19151916 will, therefore. b" the same as last year, plus- 15 per cent, which was approved of by the corporation on July 8 last. The number of consumers on May 13, 1915, was 32.030. an increase of 1932. The quantity of electricity sold to private consumers during the past- year was 55,718,795 units, an increase of .11,730,M0.

A year «nd more of Europe's war No greater change 1«s made Than Servia to Serbia And Petersburg to Petrograd; Bat if this l'liymo should, make you mad Anent calling it Petrograd,: This most accommodating bard "Would not object to Petrograd.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19151002.2.6

Bibliographic details

Star (Christchurch), Issue 11508, 2 October 1915, Page 1

Word Count
297

PROGRESSIVE GLASGOW. Star (Christchurch), Issue 11508, 2 October 1915, Page 1

PROGRESSIVE GLASGOW. Star (Christchurch), Issue 11508, 2 October 1915, Page 1