DECREASED TRAMWAY REVENUE.
, '■;! THE. HALF^EAELY■ PiqpßES.', !' ; '' The half-yearly 'report: regarding:",tramway:i revenue and. expenditure/has been presented '. to the City Council by. Mr., Stuart Eic,hard6on, engineer' and manager 'of. tho : Tramways Department. '. ■.' .'..■■ ; ■ .•■••: f; ;•■;■■' ■''"■ V _-The gross revenue 1 for the six months ended '• September -30,: 1909, ■ ampunted to .£66,464, being . ~ ; a decrcaso of >£080, as: compared:'with : the . corresponding-period.of 1908.. •'.> •'."'. •-.;■ .■'■.: • •V.Tho. h'afh'o revenue Hsr.ve932.lesj), than Ust—'.'' year;', the,. route!'traffio of (increase^land-de-. creasesvas- compared' 'with, 'hut • year -. is .-Iμ*'- ' . follows:—lncreases;, .Constable/■ Street ••'■,£l99, . Oriental Baj J8142, Wallace: Street Xl 2, Brook-' hilbirnie i327i'; Decrease's: Island : Bay JC3O, Newtown-jei2s4,Aro Street £112.' ' . Ihe total working expenses "amounted to £16,551, being ijn increase of as compared ' .with last year. The principal increases l In cxpenditurp are: ltepairs and maintenance.of ...''. ■ permanent way .£694, repairs; and maintenance , of track ,arc lights (charged last year .to Distnct Fund) .£324,.-.accident'.- insurance £ltiL . rates J8200.' : Under other headings, various decroases in expenditure, have been effected. ' :" fAfter providing- for interest,' .sinking -fund, and depreciation charges, amounting in all to, ■ jE20,176/ there iB a debit balance , on the halfyear. 8 working of JEB62. as compared with' » ■ : credit bajance'of last year. :■•:•• "■■'.:■' Coming to the total number of ; paseenitere ' carried 110,198,850) it was ehpwii that, ■ a, decrease of 87,130 ; had' occurred, as compared' with the corresponding,period of. 1908.. There, had been, les Sj ■ school .-jackets,. the dumber issued being 4784 short ofcathat of lajt year, and 14,166 fewer, return tickets had>.beetf faken ' put, Ihe total (comparative) decrease' in' Tβ. was, #32 ss.,6d; i: an4 • ; in,, passmen •,;.,'
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Dominion, Volume 3, Issue 644, 22 October 1909, Page 8
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250DECREASED TRAMWAY REVENUE. Dominion, Volume 3, Issue 644, 22 October 1909, Page 8
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