TRAMWAY FIGURES
INCREASE IN REVENUE AND WORKING EXPENSES.
It will bo obvious to' anyone who studies closely the tramway figures produced and published each month that it is becoming a difficult matter for the increase in revenue to get far away from the increase in working expenses. The margin is at present in favour of tho revenue, but the growth of working expenses is so close, in comparison, that the tramway authorities may have cause to worry as to what will happen if the time arrives when the revenue docs not increase. During the sixteen weeks up to July 21 the revenue of the Wellington trams increased by .£5495 (or tt the rate of about ,£340 per week), which is quite satisfactory, but during the same time the working expenses increased (on the figures for the corresponding period of last year) by .£4398 (or .nearly £2U per week), which reduces the satisfaction almost totally. The figures for the four weeks to July 21 (four weeks of bad weather), compared with tho corresponding period of laet year, are as follow :— ' 1018. 1917. Revonuc ; .£1ß,<>37 .£15.884 Working expenses .£12.254 Special expenditure .... .£492 ,£385 Canita! charges .;. .£3423 .£3,4*7 Debit balance — .£32 Credit balouce .£768 — Revenue per oar mile ... 17.41(1. 16.90 d. Workinsr expenses per car milo 12.60 d. 12.86 d. Percentage of working exs. to revenue 72p.c. 76 p.c. Passengers carried 2,016.451 2,422.573 Car miles run 233,402 225,440 Tho figures for the sixteen woeks of the financial year to July 21 are as follow :— 1918. 1917. Revenno .C 60.349 .€63.853 Working expenses .£49.726 .£45,323 Speeiarexpcnditure ... .£1,846 £1.540 Cepital' charges .£13,715 Credit balance JM.(IG2 Revenue per car milo 17.77 d. 16.96 d. Working expenses per . mile ; 12.74 d. 12.04 d. Percentage of working exs. to revenue 71 p.c. 71 p.c. Passengers carried .... 9,854 033 Cnr miles run 93G,!)96 903.29S POWER AND TRACK LIGHTING The power and track lighting figures for tho same sixteen weeks aro as follow :— 1918. 1917. • £ £ Revenue 6,740 4,771 Working expenses 4,051 2,894 Capital charges ... 1,900 1,746 Credit balance 789 131
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Dominion, Volume 11, Issue 273, 7 August 1918, Page 4
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340TRAMWAY FIGURES Dominion, Volume 11, Issue 273, 7 August 1918, Page 4
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