TRAMWAYS AND POWER.
A DEBIT BALANCE* A report to be presented, to the City Corporation Tramways and Power Station Committee at its meeting today states that tho gross tramway revenue for the four weeks ended November 10 last amounted to £10,034 17s. 2d., as against £9497 los. 4d. for the corresponding month of '1909—an increase of £537 Is. 10d. Tho expenditure increased by £1936, but included in this iis a sum of £1170, being twothirds of the cost of street-widening at tho Union Clothing and Winder's corners. Since April 1 the gross revenue has increased by £2567, and the exnenditure by £3932. After allowing for proportion of capital charges, the net result of tramway operation from April 1 is a debit balance of £1472, as compared with a debit balance last year of £101. Tho revenue from- the sale of current for the four weeks shows a decrease of £74, and the expenditure a decreaso of £10. Tho gross rovenuo has increased by £524 since April 1, and the expenditure by £287. -, The net result of both businesses for tho period from Anril 1 to November 10 shows a debit balance of £1098, as compared with a credit balance last year of £166. , -
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Dominion, Volume 4, Issue 985, 28 November 1910, Page 5
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203TRAMWAYS AND POWER. Dominion, Volume 4, Issue 985, 28 November 1910, Page 5
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