NKW  YORK  AND RICHMOND GAS     ,
COMPANY

Stiitciiieiit of Eai'iiiiigs for the Vear Kudiiig December 31, 1907.
 

Total Earnings.........................................$256,053.31

Operating Expenses, including Maintenance,

Ta.xes and Insurance..........................   158.245.68

Net Earnings from Operation... $97,807.63
Interest on Bonds......................................__63,459.97

Net Profits............................;.$34,347.'66

Assets and Liabilities,  December 31, 1907.
 

Plant................................................$2,843,254 59

Miscellaneous......................................      18,266.68 $2,861,521.27

Avallable Assets.
 

Accounts receivable: —

Due from New York City.....     $10,294.05

Customers Accounts............       38,83jyj    $49,127.36

Materials on hand .....................'..........      22,079.90

Cash...................................................__64,229.13        135,436.39

$2,996,957.66
 

Capital Stock....................                                                1,500,000.00

Bonds Authorized...............$1,500,000.00

Unsold........................      186,000.00                         1,314,000.00

Current Liabilities.
 

Accounts Payable...............     $29,660.26

Bills Payable.....................       30,000.00

Bond Interest Accrued ........        10,950.00

Taxes Accrued..................     _14,8q9.^1                              85,419.57

Reserve Accounts...............                                                       3,912.62

Surplus Reserves Dec. 31, 1907..................................       93,625.47

$2,996,957^66

We have carefully examined the accounts of the New York and
Richmond Gas Company, and certify that the foregoing statements of
earnings for the year ending December 31, 1907, and A.ssets and Liabil¬
ities as of December 31, 1907, are correct.

YOLI.UM, FliRNLliV & VOLLU.M

Cenitieil Public Accountants.

Philadelpliia, Peinia.