MARION GAS WORKS.

Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8809, 10 May 1907, Page 2

MARION GAS WORKS.

The Mayor of Marton, Dr Sherman, has provided us with a copy of his (analysis of the gas accounts for 1906-7 as follows : (Receipts for the ■& s. D. year per balance sheet .. 2251 6 0 Less present dr. balance ... 17 18 4 Less amounts due 1305 for— Street lighting... 70 6 0 Town Hall ... 13 2 0 Boro’ Chambers 23 17 1 Fittings for above 33 10 2 Coke sales .. 8 9 6 IC7 3 1 2084 2 11 Expenditure for year per balance sheet .. 2251 6 0 Less last year’s dr. balance .. 184 17 8 Less extensions 426 3 5 611 1 1 Cr. balance on year .. 443 IS 0 There J should be charged against this - Interest on loan of 426000 at 41 270 0 0 „ overdraft, fay, JISOO ... 25 0 0 Share office salaries ... 50 U 0 Depreciation on— Gasworks, land, _ & buildiingsat 2000 0 0 Mains .. 500 0 0 Meters .. 300 0 0 Stock, etc. .. 200 0 0

at 5 per cent. .83000 0 0 150 0 0 08495 0 0 Leaving an apparent loss of JESI 2s. Against this fittings bought during the year cost .. 566 12 8 And fittings, street lamps, and stoves sold .. 456 1 2 Increase in stock ... 110 11 6 Loss as above ... .. 51 .2 0 Year’s profit .. • • 59 9 6