The times. [volume] (Richmond, Va.) 1890-1903, 1899-08-13
CASH DEFICIT OF
n HALF A MILLION
Gas Syndicate Figures Showing An
Enormous Loss to the City,
THE MATTER OF IMPROVEMENTS.
Syndicate Claims That the Repairs il
Wouid Make from Year TO Year
Would Keep Plant in the High
est state of Efficiency.

$50.
est state oil Emergency
-
The syndicate OF Richmondors petition
Goa. 49,. y. ,...... al, ,,.., .t,,. ,.,s works Will
o.., 60 oh
undoubtedly make 'ihoi ''' ''''''
tain tho plant a very accurate account
amt Inns rr,,srs1 elaborate statements.
.,.. e....,, cha. records
"'0- Nd" "s "t'' ''"'
and ON propositions made by practically
tao same syndicate which appeared be
-.,.. .,,.. ,r....,,.u , ,car ago the design
st.rf 10, 49,. f,bt in refusing 90 surrender
tbe .ess work, To- a responsible company.
lh. latest such statement has just been
fra,.r.l and is given in fun herewith,
follows.
in rIRrY-TWO YEARS.
The total cash receipts OF the sas
works for tho past thirty-two years were
Ah1ll0Ni. aud the total disbursements
Tor operation. interest. extensions. con-
sirucuon ana tank and holder for the
same period have been g. .2Jt $50 50. leaving
a cash deficit OF s553.359.g9. Iu this de-
ncl the amount paid by the various city
dea4rtfncnts to the eas department, bee
tween ynuAaud SII09) for the years 1897
ana lsN. IS not deducted from the re-
cslofs. III this amount saw $4,000 is de.
Quoted The cash dcdcit would be $685.
5000.
GAS CITY CONSUMES.
The Gas Department claims
that the gas used Dy tine city
for its own purposes should be
credited 60 the works. fla other
words. that tho city should be
credited for the thlrtNtwo
years. from 1864 20 1888 with
the sum of........................S ,526, ol3 81
From which sum deduct the
cash deficit Of.................... ooa,ao5 w
-
And YOU leave the city with a
net profit can i'm gas. how
ever) Observation-Disclosures. 962 6j3 90
Rut when o. is considered that a petition
for fb, l,.eo of tbe Gas Works was filed
hororo tbe CIV Council I'm 1N,s by a per-
fectiy ree-.on.'bie COMPANY In which the
term of the lease asked for. TO furnish
pss 10 the cifv. free OF cost. at such
macs along me mains and such ouan-
titles as mav be- necessary for the lighting
OF the city buildings and its streets. pro-
vided that the amount of gas so delivered
shall not exceed thirty million Go00olO
cubic feet in any one year, the question
OF ANY UINIL WHICH the NAIr AiNn AllhNN
by gas used or viii make by gas which
may be used bv itself had as well be
disregarded in this connection. for the
reason that any party leasing the Gas
Works from the city Will assuredly fur
nish free gas TO the city Tor municipal
purposes.
So TO go back (and not treat the
gas consumed 10y the CITY as
a credit TO the Gas Works at
market prices TO private con-
deficit to- the CITY of............s 5C3 95s 90
And fo This amount should De
added. as an expcnse 10 this
Ghc easJ department. the sum
spent since 1855 Ghe first year
IN which a special appropria-
ton was made for the pur-
pose) in street lamp lighting
An average OF S2Gl3 a year
for fourteen years, or......... 1912 "a
-
Enlarging the cash deficit 20 the
city to......................... 5ao502 Oh
IL has been held that the street lamp
lighting S. not a charge which can be
properly made against The Gas works
but in this connection 81 is q perfectly
Legitimate charge. since bv the terms of
The petition above referred 10. IL was
agreed "to keen i'm order and light au its
rhe cif,'sI street Iarn,e-. and a., , mat
Ter OF cau~ss .I.a lr.f-o ,l.s+ ~ Tho e+-,o.
lsrnn uahtfr- and tbo i.l.,l,,, 80 .t,..,
81, orl., ,,.....l1 BIZ. ....,..l o.. .i.. ot.,
,J,,. l..,. ,,...,..-., ~. ~
s.-,,..t,, ia .,,, g. 49,.
rri., b., ti,. ,..,~ ,s.- l....
mont Of NJ ID A,4.r,,c. ord
'tor d., -,,., - 90, o. Or
which to,ctbor .,,.tt tto dog.t.
80 goo -o, ri, |
,1,t,,- .,, .,.,.., ....,.,. g.. .,-.
D., .t. c,,,. 4o.,.,. 90 no., co oil, |
yvtr,-r, $3.50. mn rI,r,,,,,.,, ~
tn ..-.'--..
..,-i.,. 90 D." AMY
y. d. ..,,. .,.... a.. lH' anu
49, .t (..., - . '... /
4, 1.eb ao ,o5 III, l.',.l g ''a F' |
nor -.,.. ~, .,.. ,..... 80. t.',, ''.-
iirbt tbe street i,,,rs ana t,e., ,,.,,, g., /
order put thore ,,s ..,o o,,.lit,,, ~ |
tbo offor v,biob b. b., .,,,,o.r.a,, and |
.tfa+ MAJ. noe .r.,.f....f 4. .. .i.t.
..ro o,,.,5 .,-, ...... 80 .t'..,.,.,..
..oss,...', ~, 3D.. ....'-... .t-l7s
Nv a.. t-,.'.',r.,, -'e a..,,,,.'.,-,, 80
- ana d., ,,l-...-.l, -,
,,ert ~ r@s,re ana a,,o~ 49, 49, q,
mend osrb ,.r'- dunn, ia co., ~
thirty C0 wears. on Am average MOI
less than twenty-five thousand dollars
t25.o)) in improvements and extensions"
zion IN view of the fact that the COM