ELECTRIC LIGHT
SUBSTANTIAL RETURNS. The figures in connection with _ the revenue and expenditure on the city's elestric. lighting ■business continue, satisfactory. ..In. the course of a return submitted to the Tramways and Electric Power Stations Committee of the City Council yesterday afternoon it was set'out that the revenue for tlie eleven months ended February. 28 was £78,216, £6710 in excess of that for the corresponding period of last .year, whilst the working expenses were £37,675, £6568 in excess cf that for the last corresponding period. After deducting capital charges, a credit of £23,898 is left for eleven months' working—£l42 more than last year. • ' ■ The figures for February (with those for the corresponding month of last year) aro'as follow:— 1918. 1917. Revenue £5,168 £4,762 Working expenses... £3,224 £2,772 Capital charges ... £1,513 £1,513 Credit balance £430 • £477 Units sold. 291,222 266,852 The eleven months' return is as follows :— 1917-18. 1916-17, Revenue £78,216 £71,506 Working expenses... £37,675 £31,107' Capital charges ... £16,643 £16,643 Credit balance £23,898 £23,756 Units.sold 4,623,252 4,197,260 Total • connections at Feb. 28 ......... 15,538. 13,673
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Dominion, Volume 11, Issue 160, 26 March 1918, Page 7
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173ELECTRIC LIGHT Dominion, Volume 11, Issue 160, 26 March 1918, Page 7
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