THE FINANCE OF THE CARS.

Dominion, Volume 7, Issue 1868, 30 September 1913, Page 4

THE FINANCE OF THE CARS.

MOVING THE RIGHT WAY. , Tramway and power supply revenuo show a satisfactory increase when tho four weeks ended September 15 are compared with tho corresponding four weeks in 1912. Tho City Corporation has also received advico from the Tramway Board of Management that the percentage of working expenses to revenue has decreased. Summarised returns for tho four weeks are given below, with tho comparative figures for last year. The totals for the current year aro also shown :— TRAMWAYS. Four weeks from August 19 to September 15, 1913. 1913. 1912. Revenuo £11,808 £11,059 Working expenses £7,858 £7,58-1 Capital charges ... £3,017 £2,980 Credit balance ... £933 £495 Passengers carried . 1,846,146 1,734,819 Car , miles run 181,199 175,318 Revenue per car milo 15.64 d. 15.14 d. Working expenses per car milo lO.'lld. 10.38 d. Percentage of working expenses' to revenue ...' 65% 66% Twenty-four weeks to September 15, 1913:—' 1913. 1912. Revenue £70,089 £64,717 Working expenses £46,752 £47,784 Snecial expenditure £3,738 £266 Capital charges ... £18,115 £17,868 Credit balance ... £1,484 — Debit balance — £1,201 Passengers carried 11,003,716 10,702,104 Car miles run ...._. 1,068,407 1,077,460 Revenue per car milo 15.74 d. 14.41 d. Working expenses per care mile. ... 10.50 d. 10.64 d. Percentage of work- ■ ing expenses to ( revenuo 65% 71/» Note.—The item "Special Expenditure" comes under the heading of appropriations of revenue for sucli expenditure this year as the relaying of feeder cables, improvement of Newtown carshed site, alterations to 'cars, etc., but ; does not include expenditure on addiI tions to the undertaking to be met out : of tho depreciation fund. POWER SUPPLY. From April 1 to September 15, 1913. £ A* R-evenuc 5,507 0,10 l Working expenses 2,437 2,237 Capital charges 2,345 2,-62 Credit ■ balance '- 0 ° 0 -'