INCREASED COSTS.

Auckland Star, Volume LXXI, Issue 144, 19 June 1940, Page 10

INCREASED COSTS.

ECONOMIES EXERCISED.

NORTH SHORE TRANSPORT.

The hope that maintenance of the increase in passengers carried would obviate the necessity for a further revision in fares was expressed at the annual meeting of the North Shore Transport Company to-day by the chairman of directors. Sir Ernest Davie. During the year 3,731,492 passengers were carried on all services and the mileage covered was

Sir Ernest said that in August last the increased cost of benzine, Diesel fiifl and mileage tax, together with an increase in the cost of tyres, oil and supplies, made it necessary for the company to apply to the No. 1 Licensing Authority for an increase in fares amounting to one-sixth of a penny to a halfpenny per trip on weekly tickets. The application was granted in November, the company carrying the whole of the increased costs in the intervening months. The new fares alone did not offset the increase in overhead referred to, but the exercise of economies and improvements in organisation, together with an increase in the number of. passengers carried, had enabled the company to meet the position, Sir Ernest added. However, since the granting of the application to increase fares, fuel costs alone had again advanced, 'reaching a figure that would add to the coets approximately £1100 a year.