File:The street railway review (1891) (14761166712).jpg

Identifier: streetrailwayrev08amer (find matches)
Title: The street railway review
Year: 1891 (1890s)
Authors: American Street Railway Association Street Railway Accountants' Association of America American Railway, Mechanical, and Electrical Association
Subjects: Street-railroads
Publisher: Chicago : Street Railway Review Pub. Co
Contributing Library: Carnegie Library of Pittsburgh
Digitizing Sponsor: Lyrasis Members and Sloan Foundation

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areUany schools and universities, musical societies, free public li-brary, etc. Uhe harbor is completely sheltered and large enoughto accommodate the worlds navies. The depth of the waterat low tide is nine to five fathoms. The rise and fall is from an electric tramway fur a period of M years, paying a rental of$2,000 iwr annum and also paying the city a share in net annualprofits at the rate of 5 per cent up to .$25,000 and 10 per centon any excess over that sum. The route is specified, but e-icteii-sions are to be made from time to time, which goes to accentuatethe superior advantages of Mr. Bingliams jiroposals. The citycovncil has exacted from Mr. Bingham a cash deposit of .%3,0<)0to guarantee the construction of the pi-oposed road within aspecified period: otherwise the deposit will be forfeited to tliecit.v. It is reasonable to suppose, under the circumstances, thatorders for structural material will be arranged for at an earlydate. William Coleman is Mr. Binghams solicitor.
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VIEWS OF AUCKLAND. eight to twelve feet. The whole harlior and aiiiiroaches arelighted by electricity and clearly marked by buoys and beacons,so that at anytime the port loay be entered with safety. The Bank of New Zealand was established in 1861, iu ,Vuck-laud, which continued to be its headquarters till 1.S90. The man-agement is now at Wellington. The capital of the bank is$15,000,000. It does the business of the government of NewZealand and transacts, approximately, half the banking businessof the colony; it has )2i; branches in addition to establishmentsiu London, Australia and Fiji. The citv of Auckland is now preparing for the conversion ofthe present obsclcte horse tramway into an up-to-date system ofelectric propulsion. The city council has accepted the proposalnf W. Gentry Bingham, who is an engineer from England. Therewas some sharp competition for the concession, but the fieldnauowed down to Jlr. Binghams offer to construct and operate There is also a ijropositiou for the i

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