TRAMWAY FINANCE

Press, Volume XLIX, Issue 14830, 22 November 1913, Page 4

TRAMWAY FINANCE

RESULTS FOR THE HALF YEAR

A statement showing the revenue account for the past six months ended October oth, was presented"at the meeting of the Tramway Board yesterday. Tho totals were:— IjastYear. This Tl car. (onoEeeter.) (no Easter.) £ £ Earnines ~, 62,391 M.TOS. .I *&* 39,130 Jfett eanuage .. 21,993 25,662 Standing charges 26,450 25,607 Deficiency .. £1,160 £2,045 This year included I*.:M.S. New Zealand week, worth about £700. The variation in receipts vrero:— Lnetiear. ThJeYear. (ono Easter.) (no Easter.) £• . £ Cash .. •• 32 S 6 -* 22 Conooss'n tickets 10,773 G. 475 School &nd apprentice .. 1,130 981 The following were alterations made in ticket conditions and prices during the period under review: — Affecting ■this year. Ooncoeaion- ticketa not, available on Sundays, Nov. 17th, 1312 .. 27vreeks Tiip tickets increased in price r-nd mado available for one month only, .Jan. 20th, 1913, withdrawn August 23rd, 1913 .. 20TY«eks New 30-rido ticket, introduced August 23rd, 1913 .. .. 6 weeks School and apprentice tickets' not available after 7 p.m., January 20th, 1313 .. .. .. 27-wceks Saturday half-holiday from June 20th, 1913 ... - .. .. loweeke EASTER EXCLUDED. The report stated that to enable, a bettor comparison of this year with last, Easter had been excluded from last year's figures in tho following returns:— ' PASSEXGEKS. / TickotS. Last year. This year. Cash .. .. .. 5,735,755 6,603,103 Bi-monthly and 30-ride 532,386 624,066 Trip' . i .... 1,084,910. 518,430 School .-. .. 222,460 215,268 Apprentioe ... .. • 107,028 79,434 Total .. -.. 7,683,653 7,543,301 KEYENHE. . Tickets. Laatyoai. This year. , £ . £ Cash .. .. .. 47,806 . 56,022 Bi-monthJy and 30-ride J,003 4,831 Trip .. .. .. 6,770 ' , 1,651 School . v .. 535 540 Apprentice .... .. ■ 395 441 Other receipt* , . .. 1,389 . j^24 Total ...;.■ .. , £61,096 £05,413 The diminution in concession ticket [ sales, with a greater corresponfling increase in cash fares, was'largely due to the withdrawal of the old trip ticket on which thero was no limit. Excluding Easter from last year's returns, the result was:—Cash' fare tickets increase, £8216; concession tickets decrease, £4437. Notwithstanding that change, the total number of passengerA carried increased by 160.742. Further satisfaction will be found in the fact that although the revenue and passengers increased, tho operating expenses decreased by £2262. The new 30-ride ticket, with' the withdrawal of tho old trip ticket, onJy affected the year's returns for a period of six weeka. Its effect on revenue would bo discussed later. ' CARNIVAL WEEK TRAFFIC. Tho cash receipts for the nine days covered by the Carnival holidays were £6679. as against £6463 last year. The j cash fare T>a-ssengors this year numbered 508,019 as against 489,604 last. I year. , ■ Notwithstanding the large number of passengers carried, the traffic arrangements worked smoothly. There was an absence of accident until tho last i trip from the racecourse on the last day, which unfortunately resulted in the loss of a foot by the victim. No blame could be attached to»the Board's employees. The Committee desires to congratulate the officers and etaff on the result of a strenuous week's work. On the motion of Mr Sykes, it was decided to convey the thanks of the Board to the police for the excellent regulation oi" traffic during carnival weuk.