November 1894, Vol. 4, No. 11 Canadian Electrical News and Steam Engineering Journal (Toronto) Page 160, col. 2

Sparks.

...

The Galt and Preston electric railway has proved so successful that application is to be made to the legislature for authority to increase the capital stock of the company from $50,000 to $100,000, the object being to extend the road to Hespeler. The company is said to be now making a profit of about $50 per day.

Railways: G. & P.Ry., G.P. & H.St.Ry.