. Electric railway journal . ^ Diagrams Showing Operations of Montreal Street Railway creases. The per cent of expenses to gross earnings , against per cent for the previous year. The increased payment to the City of Montreal for thepercentage on earnings was $17,772, an increase of percent over the previous year. Your directors appropriated during the year from thesurplus earnings of the company, the sum of $175,000 forrenewals to the companys property. This amount addedto the balance of $29,353 carried forward from previousyears, made a total credit to the acco
. Electric railway journal . ^ Diagrams Showing Operations of Montreal Street Railway creases. The per cent of expenses to gross earnings , against per cent for the previous year. The increased payment to the City of Montreal for thepercentage on earnings was $17,772, an increase of percent over the previous year. Your directors appropriated during the year from thesurplus earnings of the company, the sum of $175,000 forrenewals to the companys property. This amount addedto the balance of $29,353 carried forward from previousyears, made a total credit to the account of $204, this amount there has been charged during theyear $173,816. Your directors appropriated the sum of $25,000 from thesurplus earnings of the company as a credit to the fireinsurance fund. The interest on the investments for theyear amounted to $21,732. The amount now at the creditof this fund is $470,109. . The premium on the last issue of new stock paid upduring the year, amounting to $142,684, has been creditedto
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