The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1871-02-04 00:00:00

STOURBRIDOE OAS WORKS.

The annual statement of these accuunts he
just been published, and us this question is en•
grossing a good deai if public interest, we insert
them for the benefit of our renders. lhey sic
dated to 31.4 Dec., 11:3-.0.
' " ' " '• '

he a'r mral account biIOWIS that the consolida-
ted stock amounted to £lOOO, anti £4,000 paid
ou nevi shares. The daenti.r.• bond No. 1 an.-
ounted to £l,OOll, £l.l' ida hl is due to
sundry 'nutlet, und .1:411: lb, hid duo to Wu:h.
I eaving a Imlauce of 4:754 Ils hi; total, ..1:22,756
'

Exe:usae, of this £175, bring ti,c
u:lowed ut 5 per rtht., tor 11. e hulf-p,a.,

deud. '11:e expeudituic shott's the. it VUtiOil atl.li
fixed stock to amount to 1:11:3,546 17, fro,
which is deducted X 390 2s 1011 for strtet lamps.
The stuck of loose tools liwouhts in valut; to
113.19.1, the totters at hull are vaitied at £622 Jr.
3d, couvettible litock is set down at £562 his 2d.

There ,is due !row sundry parties the sunk et
£2,792 12s 104; and cash In hand, £46 12s lid;
total, .122,753 .ss. The e (irking accouut bho.6 s
the stock on the Ist January, 1870, to be worth
£1,630 19e 94; less amounts transferred as fel-
low : —To rueters at hire account, £543 ; street
lamps, 1:433 lOs; tools, £163 is 54; total,
.11,139 14s :id. These SUMS deducted from the
stock leave a balance of *491 is 44. The coal
account for the year amounted to *2,291 14s 4d;
the lime account atuonnted to £67 16s 104 ; the
meters and fittings, #:4559e 7d ; the maintenance
of works, £554 tis 14; the rates and taxes, .1126
16s 74; the stores and materials, £lO2 lOs 61;
the wages and salaries amounted to £1,562 es
24 ; the incidental expenses, e 26 Os 64; the office
expenses, 144 lOs 44 ; the fire bricks and clay,
176 4s Id ; the carriage of coke, /111 lOs lid ;
interest on debenture bond, /44 56 104; the dir-
ectors and auditors' fees amounted to 1160; the
discounts and allowances, /68 18s lid ; the bank-
ing charges amounted to /26; the bad debts
written MI amounted to 112 4s 114; the rent of
wharf, 15; the dividend declared June 30th 147 b
the average lose not exceeding the actual amount
of loss after adjustruent, amounted to /466 16s 7d
leaving a balance of /623 17s94—total /7,793 Os.
The credit account shows the coal on the pre-
mises worth .137 130 ; ditto coke, £46; the tar,
X 22 108 ; the amwoniacal liquor, £8 3s 4d; the
lime, £5 Ils 84; the meters, £lOO 15s 64; the
iron tubes and fittings, .156 Os 64; the brass fit-
tings, £l7B Os 64; the stoues, .16 14s lid; the
castings, £lOO lOs 94.—total, £562 2s. The
sales were as follow :—The gas, .14,681 3s 104;
the fittings, 1544 Os 104 ; the lime, .153 38 114 •
the coke, .11,463 18; the tar and ammoniaeal
liquor, /214 lOs 3d; old iron, /79 Et') 9d; sun-
dries, petty cash, 14e ; the warehouse rent am-
ounted to 121; and metre rents, /173 12s 3d;
total, /7,231 8s 10d., which, together with the
above /552 Os 2d., gives a total of /7,793 Os Orl.
The accounts are signed by Mr. Robert Thurs-
tan, the chairman of the board of directors, and
Messrs. George King,Harrison and W. B. Collis,
the auditors, and certified as correct. The above
is a correct copy of the accounts deposited in
the hands of the Clerk of the Peace, at Stafford,
the works being in the county.