CITY TRAMWAYS

New Zealand Times, Volume XXXVII, Issue 8357, 18 February 1913, Page 3

CITY TRAMWAYS

FOUR-WEEKLY RETURN. A SATISFACTORY POSITION. Returns placed before the city tramways committee yesterday afternoon by ,tbe board of management show that tho service continues to give satisfactory financial results. The position for the four weeks ended February 2nd last stood as follows:

' *The' revenue and working expenses last year were affected owing to the tramway strike. For the forty-four weeks from April Ist, 1912, to February 2nd, 1913, the figures are: 1913 1912 Incr’se

Comparing the results to date with those of last year, it is seen that the gross revenue has increased by £8167, and the working expenses by £2321, After providing for capital charges, there is a credit balance of £7079, as against £2161 last year. The passengers carried for the foui weeks totalled 2,013,560, an increase of 67,439 as compared with the previous four-weekly period. The total passengers carried to date amounts to 19,911,702. The car miles run for the four weens totalled 176,496, an. increase of 2799 ear miles on previous four weeks. This makes a total mileage run to data ol 1,945,155 car miles. The total revenue per car mile for the four weeks averaged 17.93 d, oi ,27d less than the previous period. The average revenue to-date is 15.57 d, oi .92d more than last year. The working expenses for the four weeks averaged 10.78 d, or .63d more than in the previous four weeks. The average working expenses to date are 10.63 d, as compared with 10.41 d for the corresponding ten months last year. POWER SUPPLY. Tho power supply account for the ten months stands .thus:

This shows that the power supply revenue to date has increased _by £933, and the total expenses by £550. The net result is a credit balance ol £BB2, as compared with £BOS last year. FREIGHT CAR. The receipts from the freight car service for tho four weeks amounted to £49 18s 3d. A debit balance of £122 2s 9d is shown on the ten months’ working.

1913 1912 Inor’so £ £ £ Revenue 13,191 10,757* 2,434 Working ex7,800* 2,883 penses Capital 7,927 2,981 127 charges 08 Credit balance 2,283 • 74 2,209

£ £ £ . Revenue 125,336 117,169 8,167 Working expenses 85,552 83,231 2,321 Capital charges 32,705 31,777 928 Credit balance 7,079 2,161 4,918

1913 1912 Incr’se £ £ £ Revenue 8,934 8,301 933 Working . expenses 3,976 3,589 Capital charges 4,076 3,907 169 Credit balance 882 805 77