Show of gas companies the reports of the eleventh census cens just published show that the gas works in the united states spent for wages tor for materials the gross receipts were 56 66 more than one half of the gross receipts thus went to pay interest and profits even after making an allowance for miscellaneous expenses the truth of these statistics la Is couched vouched for by specific instances of common knowledge enormous profits are made and concealed by bond issues and increases of capital stock A legislative committee in 1886 investigated the consolidated gas company formed bythe union of six gas companies and showed that the capital of the original companies had ben increased from to without the addition of a single dollar of real investment but on the contrary with a removal of in assets tho the new time |