Show MORGAN CITY AFFAIRS IN GOOD SHAPE annual financial statement for foi morgan city for the year ear DD 1919 was as released leased le for foi publication this week eel following tin an audit report by unkei bunker tanner and garrett I 1 certified ceri public accountants the report reveals that the cit city lad bad receipts of ilD lOUi 5 which when added adde of to the beginning balance of ll 11 LOT 17 shows a total to be ae accounted for of IS 1 disbursements bur totaled 1 1 i leaving a balance on land hand as of do de comber 31 1019 of 3 SIH ah A report of the municipal power plant of the city for all ll 11 il shows a net operating profit of i 4 before deducting dep depreciation I 1 arid and bond interest inte iest after these additional expenses were deducted there yas was a net operating profit of ST AT 11 to which is is added miscellaneous income income of S resulting in in a net profit for foi the year of s sa 7 mu power powei sales for foi the year ear showed an inci n crease ease of 11 over 19 IS while wh I 1 e expenses inci increased eased only only sl S id resulting in in a net increase in in profit of l so over the figure the financial affairs of the cit city appear to have been honestly conducted during the year under review leview said J R gairrett of the auditing firm complete financial statement nt will be found on oil another page ot of this newspaper |