Leadership

Water Report of Louisville.

Issue 19 and Volume 1893 13.

Water Report of Louisville. Louisville Water Company, December 31, 1891. Charles R. Long, president; chief engineer and superintendent, Chas. Hermany. A gain of $44,163.02 in income over the past year, due to three causes; first, rate of discount forprompt payment of bills reduced; second, increase in interest on deposits derived from sale of second mortgage bonds, and third, increase in the growth of business of the company from water rents. An increase of $8382 in expense of conducting the works at the pump station, due to damage of stand-pipe and tower by the tornado. The sale of second mortgage bonds netted cash to the company amounting to $507,159.93—a better price comparatively than any other first-class security in the market. The total amount paid on the new pumping engine to date is $212,281.99; the balance due, when complete, aggregates about $52,000. The amount expended on pumping station is $54,451.70; aggregate amount…

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