 W-MCP7-1.103 TO MR. SAMUEL M. JOHNSON FROM C. ELLISON KAUMEYER, General Manager, Niagara Falls Bridge Commission
Nov 22 1946
To: Samuel M. Johnson, Lockport, New York.
From: C.E. Kaumeyer. General Manager Dear Sam:
I have pleasure in enclosing statement of commitments chargeable to the Construction Fund. I also enclose copy of our September Report with Statement of Cash in Banks and on hand, and have indicated in red yesterday the Construction Accounts which are free funds.
I also enclose copy of a Statement forwarded to you and all other Commissioners on July 10, 1946 showing disposition of [receipts?] from the $4,700,000 Bridge Revenue Refunding Bond Issue.
Tracking this information will meet your requirements, and with kindest regards, I am:
Faithfully yours,
C. Ellison Kaumeyer
General Manager,
Samuel M. Johnson, Esquire,
Lockport Exchange Trust Company,
Lockport, N.Y.
NIAGARA FALLS BRIDGE COMMISSION
COMMITMENTS CHARGEABLE TO CONSTRUCTION FUND
Balance re Tower Elevator.................................................$2,058.00
Contract re Insulation of Tower Chimney.................................1,500.00
Contract re Tower Upper Dining Room.............................................16,760.00
Extension to Canadian Pedestrian Toll Building to house Coinpassors....7,135.70
Contract re Steel to support Bells...............................................6,558.00
Contract of Delaney & Son re painting
Customs & Immigration Bldg........................................................1,595.00
Bell Contract-Bal. due...............................................................36,000.00
Contract re U.S. Terminal Bldgs.
Roof Repairs and Canopy Eavestroughing................................2,613.00
Total..................................................................................$74,219.70
NIAGARA FALLS BRIDGE COMMISSION
W-MCP7-1.105. Nov. 2, 1946
MEMORANDUM OF JULY 30,1946. To all the Commissioners.
SUBJECT: Disposition of Proceeds from $4,700,000.00 Bridge Revenue Refunding Bond Issue of 2 3/4% Bonds.
At the last meeting of the Commission Mr. Johnson made certain enquiries relative to the increase in our Bond Issue from $4,000,000.00 to $4,700,000.00.
To clarify the matter I give you below a statement in detail of the disposition of the proceeds from the $4,700,000.00 Bridge Revenue Refunding Bond Issue?
Bridge Revenue Refunding Bond Issue of 2 3/4% Bonds dated July 1, 1946...$4,700,000.00
Transferred from Bridge Revenue Fund to meet deficit...2,500.00
...[Balance] $4,702,500.00
Required for redemption of Bridge Revenue Bond Issue of 4 1/4% Bonds dated January 1, 1940...$4,000,000.00
Past Due and Current Interest on Bonds...425,000.00
x Call Premium of 4% on $4,000,000.00...160,000.00
Financing Fee of 2?% on $4,700,000.00 Bridge Revenue Refunding Bonds paid to Stranahan, Harris & Co. 117,500.00
Balance...$4,702,500.00
x The sum of $71,880.00 collected as Call Premium was returned by Stranahan, Harris & Company with a list of the Bondholders who returned the premium of 4%.
C. Ellison Kaumeyer,
General Manager
W-MCP7-1.106
NIAGARA FALLS BRIDGE COMMISSION RAINBOW BRIDGE
BRIDGE REVENUE FUND
Analysis of Monthly statements Attached.
Statement of Income from Tolls and other Sources for Months of September 1942, 1943, 1944, 1945, 1946
1942...$13,627.81
1943...$16,994.65
1944...$22,076.98
1945...$45,540.62
1946...$59,749.45
Commutation Book Sales for the month of September amounted to $3,179.00
Net income from Binocular and Vending Machines for the month of September was $326.35
Rental from U.S. Bureau of Customs for the month amounts to #300.00
Receipts from tolls for the first ten days in October amounted to $12,109.15 as compared with $8,821.98 for the corresponding period in October 1945, being an increase of $3,287.17
C.E. Kaymeyer, General Manager
Sept. 30, 1946
W-MCP7-1.107
NIAGARA FALLS BRIDGE COMMISSION
RAINBOW BRIDGE
BRIDGE REVENUE FUND
STATEMENT OF ASSETS AND LIABILITIES
ASSETS:
[Summary of Cash items and Accounts Reveivable in U.S. Dollars]
$4,712,336.68
LIABILITIES:
[Summary of Accounts Payable and other liabilities in U.S. Dollars]
$4,712,336.68
September 30, 1946
[No signature on this page]
W-MCP7-1.108
NIAGARA FALLS BRIDGE COMMISSION
RAINBOW BRIDGE
BRIDGE REVENUE FUND
STATEMENT OF INCOME AND EXPENSES
Income
[Summary]U.S. Dollars 59,749.45
Operating Charges Administration
[Summary of items]
U.S. Dollars $1,258.79
Publicity & Advertising 402.96
Toll Collection [Summary of items] 2,731.42
Other Bridge Maintenance & Operation
[Summary of items] 4,468.04
Bond Interest, $10,770.84
Total Operating Charges for the Month of Sept. 1946
$19,632.05
Net Operating Profit for the Month of Sept. 1946
$40,117.40
September 30, 1946.
W-MCP7-1.109
NIAGARA FALLS BRIDGE COMMISSION
RAINBOW BRIDGE
BRIDGE REVENUE FUND
STATEMENT OF CASH IN BANKS AND ON HAND
Manufacturers & Traders Trust Co., Niagara Falls, N.Y.[All Dates on this page: Sept. 30, 1946.
REVENUE FUND [summary]
U.S. Dollars, $23,049.85
CONSTRUCTION FUND [summary]
U.S. Dollars, 75,844.63
OPERATION FUND [summary]
2,622.60
RESERVE FUND [summary]
5,000
Manufacturers and Traders Trust Co. Buffalo N.Y.
SINKING FUND
Bank balance 60,495.97
Bank of Montreal Niagara Falls Ont.
REVENUE FUND [summary]
39,815.15
CONSTRUCTION FUND
284,309.23
OPERATION FUND [summary]
8,423.92
SINKING FUND [summary]
77,682.85
TOLL COLLECTORS' CHANGE FUND
2,000.00
Total Amount in U.S. Dollars in deposit and on hand September 30, 1946
$579,244.20.
W-MCP7-1.110
NIAGARA FALLS BRIDGE COMMISSION
RAINBOW BRIDGE
MONTHLY TRAFFIC REPORT
Pedestrians...135,591
Bicycles...389
Automobiles...127,060
Estimated Passengers in Autos, Including Drivers
343,155
Trucks...543
Buses...6587
Taxis...7399
Passengers in Buses...53900
Passengers in Taxis...16142
September 30, 19461
1 This entry includes W-MCP7-1.103; W-MCP7-1.104; W-MCP7-1.105; W-MCP7-1.106; W-MCP7-1.108; W-MCP7-1.109; W-MCP7-1.110. |
