RISING TRAM REVENUE.

Dominion, Volume 5, Issue 1345, 24 January 1912, Page 4

RISING TRAM REVENUE.

HARD CILYSED BV THE COST. Some interesting tramway figures were lniule available alter the meeting of the Tramways Committee yesterday afternuon. One consisted of a leluni showing the revenue and expenditure for that period of the iiiiiiucial year between April 1 and December 8 last—a period of eight month* and n week—for the tramways anil power supply department. The return, while it shows a satisfactory increase in the revenue, shows that increase has not been won with almost a corresponding increase in oxiienditure. Briefly, the figures are as follow: — li-evcmie. 1911. 1910. £ s. d. £ s. d. Tramways ... 91,061 I) 0 85,H02 7 1 Power ' 6,841 16 6 6,779 18 10 Totals ... 101,505 ■Iβ 0 95,682 511 Expenditure. ■ £ s. d. £ fi. d. Tramways ... 68,075 6 U 64,167 16 11 Power 2,930 1 10 2,987 15 2 Estimated expenditure on capital charges:— £ s. d. £ s. d. Tramways ... 26,052 9 9 95,201 4 4 Power 3,260 15 0 3,2-14 12 6 Totals ... 100,324 14 0 95,261 4 I Net profit 1,181 2 6 421 1 7 On a capital expenditure of over tEOOO.OOO the profit tor eight months. of the year is only ,£llßl—really two days' takings on the cars. The whole of the rest of the time the cars are being run to make bare expenses.