Cars, 10 per cent. 5,280.00
Roadway, 10 per cent. 2,007.00
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Total. $7,972.00

HORSES.

Horses and appurtenances, 20 per cent. $7,780.00
Cars, 10 per cent. 2,880.00
Roadway, etc., 10 per cent. 3,500.00
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Total. $11,740.00

CABLES.

Cable, 50 per cent. $7,500.00
Engine and boiler, etc., 5 per cent. 1,000.00
Cars, 10 per cent. 4,320.00
Roadway, 10 per cent. 3,500.00
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Total. $16,320.00

These totals put in ratio are as follows: Electricity, 1; cable, 2.04;
and horses, 1.47.

Placing all the ratios obtained in a table, we have the following:

Electricity. Horses. Cables.
Depreciation. 1 1.47 2.04
Operating expenses. 1 3.38 1.71