TRAMWAY FINANCE.

Press, Volume LXI, Issue 18507, 8 October 1925, Page 11

TRAMWAY FINANCE.

TO THE MITOB OP "THE T&E3S." Sir,—ln this morning's issue of "The Press" I tee allusion is' made to certain tramways in Groat Britain which, like those of our own city, show ■•!■ loss on the year's working. In contrast to these, the enclosed cutting from a. Yorkshire paper just received may he of some interest. From this it will bo seen that Halifax— -a. very hilly town, with trams to distant, and sparsely inhabited districts —is able to make a. profit of over £II,OOO, of which more than £SOOO was paid' in relief of the rates. A short time ago the Halifax Corporation reduced the fares by 2-5 per cent. 'ln Christchurch, faros are increase*- in order to make the system.' pay!— Yours, etc., F J ' CATER. t " [The following is the cutting enclosed :—"There was a profit on Halifax tramways undertakings, for the year ended March 31st last, of £11.626 compared with £9959 in 1924. The total expenditure was £213,141, against £214,860 in 1924. Among the payments of a special nature was £5452 to the- relief of rates. The receipts on the motor 'buses amounted to £5836, making a profit of £ioA, against £770 in the previous year. J

to TK3 EDITOR OF "TE-E F&ES3. Sir,—ln to-day's issue there appears an article relative to tramway affairs, which is only half the truth. The paragraph is headed too" and infers that the loss ol on last years working of the Corporation Tramways was due wtoUv to motor-bus competition. a t c ° petition exists, cannot be deme » tho report omitted to mention th Glasgow's Corporation acquirer more than one tramway undertaking durm^ the year, from othc* public bodie, and private companies, and the m _ these and the levelling upof pj as _ ployecs' wages to that paid by T - low Tramways, had a considerable o - fect on the total debit for tho year. These facte are. I shoiild una* ino -worth the consideration r 1 Board and »« Mted.-Yours, e «., GLis , TEGIA X.