CHARLOTTE AND ITS WATER SUPPLY.

CHARLOTTE AND ITS WATER SUPPLY.

The following is the financial statement of the city waterworks of Charlotte, N. C., under municipal ownership for the seventeen months ending May 31, 1900: City hydrant rentals (saved) would be 147 hydrants, twelve mouths at $40, $5,880; city hydrant rentals (saved) would be 147 hydrants, 5-17 months, $2,450; water rent saved at graded school for 5-7 months, $87.55; house rent saved at fire station at standpipe, $204; stock on hand in shop, etc., paid from water rents, $1,381.23; cash on hand June 1, $2,502.51—total $12,455.29. By amount paid intereston bonds, $1,700; by amountapproved bills due, $2,298.1(5—equals total of $3,998 16. Profit to city by purchase of waterworks—seventeen months’ business, $8 457.13; to cash on hand June 1. $2.502.51; by amount paid all bills due. 2,298.16 June 1, by balance cash on hand. $204 35; stock on hand in shop, etc., from w-ater rents, $1,331 23—net profit to city, $1,535.58 Amount saved by water consumers, reduced water rents. $4,656.29; amount saved by city hydrant rental, etc., seventeen months, $8,457.13—total amount saved by city and water consumers, $13,113 42.

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