. The Street railway journal . , taxes, renewals and depreciations and still have$5,000 or $6,000 surplus in poor years, is worth on the NewYork market to-day $100,000, In the same way an electricrailway proposition, which has demonstrated an earning capa-city of $6,000 or $7,000 after providing for working expenses,taxes and proper renewals, is worth on the New York market anequal sum. Industrial enterprises or manufacturing proposi-tions must show, as a rule, from 10 per cent to 20 per cent,depending in each case upon the nature and permanency of thebusiness. NEW TYPE OF HEATERS FOR PHILADEL


. The Street railway journal . , taxes, renewals and depreciations and still have$5,000 or $6,000 surplus in poor years, is worth on the NewYork market to-day $100,000, In the same way an electricrailway proposition, which has demonstrated an earning capa-city of $6,000 or $7,000 after providing for working expenses,taxes and proper renewals, is worth on the New York market anequal sum. Industrial enterprises or manufacturing proposi-tions must show, as a rule, from 10 per cent to 20 per cent,depending in each case upon the nature and permanency of thebusiness. NEW TYPE OF HEATERS FOR PHILADELPHIA The Philadelphia Rapid Transit Company has just placed anorder with the Consolidated Car Heating Company, of Albany,for electric heaters for 515 cross-seat cars. The heater adoptedis of a new type just brought out by the Consolidated Com-pany and illustrated herewith. It is longer and narrower thanthe heater usually built for cross-seat cars and is intended to beoperated at comparatively low temperatures, so that there is. ELECTRIC HEATER FOR PHILADELPHIA no overheating of the seats. The casing has a length of 20;Ktins. and a diameter of 3%. ins. Another feature of the heater isthat both lead wires of the heater, as shown in the engraving,are brought out at one end and are then carried in mouldingsalong the side of the car. The order was secured by C. , the companys general Eastern agent in New York,who has closed contracts with the Interborough Rapid TransitCompany and the Manhattan Elevated Railway Companyduring the last two months for over 15,000 electric heaters. iAiAY 23, 1903.] STREET RAILWAY JOURNAL. 773 NEW OPEN CARS FOR BROOKLYN ELEVATED RAILWAY annealed copper, soldered together at the feet. The manu- SYSTEM The John Stephenson Company has begun making weeklyshipments in lots of twenty on the order of 120 new open facturer says that this form gives the most enduring flexibility,and that no breakage can result from expansion and contrac-tion. The bond is n


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Keywords: ., bookcentury1800, bookdecade1880, booksubjectstreetr, bookyear1884