Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

TRAMWAY PROFITS.

[AUCKLAND v. WELLINGTON. INTERESTING FIGURES. It is authoritatively stated that the profit realised by the Auckland Tramways Company for the year 1907-8 totalled £32,551 6s. Id. Of this amount the Auckland City Council has been handed a cheque for £3005 2s. 7d. as its percentage of profits. So far the Auckland City Council has received the fol- ' lowing amounts as its percentage of profits since the company has been in existence: — 1902 (six weeks), £85; 1903, £2048 Is. Id. ; 1904, £2163 9s. 7d.; 1905, £2241 19s.' 7d.; 1906, £29*4 165.; 1907, £3005 2s. 7d. Total, / £12,455. As'against the Auckland Tramway Company's.profit of £32,551, the Wellington City Council's net profit for the past year, according to the official statement presented by the electrical engineer, amounted to £5568. Wellington owns its own servico (and with it a debt of over half a million). A ratepayer of an,inquiring turn of mind wants' to know •'•>. why the Wellington tramways iii the matter of profits compare so badly with Auckland tramways. It is generall}' admitted that there is no service in which the employees receive such generous treatment as in tho ' Wellington tramways, and despite this, and in faco of the diminutive profits returned on this huge undertaking last year,, the City • Council is being asked to grant further concessions to tho men. This matter has been dragging! on for months past, but a definite innouncemcnt that tho new agreement with iho men has been arranged should be heard ' iny .time before tho general election. Tho present administration of, our tramways has to face]the following figures:— -\ Auckland -Tramway. Co.'s profit £32,551 ■Wellington Municipal Tramways profit ... ... ... ' ■ £5,568 The margin is . so great that the excuses that can be made of dearer fares in Auckland,- or shorter sections, and that tho Wellington men are better paid,-cannot prove particularly soothing to tho ratepayers. ' Some members of the Wellington City Council appear to recognise thiit there is something amiss somewhere. .They know that,'ovon with tho small amount to credit :on the last year's working' ;half the cars are without a roof to cover them at night, • and moneys have to be 1 secured to buy land and erect carsheds for their accommodation. It is also stated that the tramway servico has on occasions been made a dumping: ground for those that must, be found work, and that the chief officials/ have'been helpless to prevent the practice!', A city councillor sa.id to a Dominion representative recently: "The tramways revenue is all right—it's the expenditure that, wants watching I" What this, city wants,, ,in tho opinion of many ' people, is'a:■ tramways board, independent of • municipal politics, who would have a free hand in tho .administration of the service except in ma.ttors of policy affecting fares and length of . sections. Freed from influences sueh as undoubtedly •' exist, our tramway'system might at least' be expected to show a- better profit than ' £5568 on a turnover- of £125,000—thn receipts for the year 1907-08..

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080917.2.61

Bibliographic details

Dominion, Volume 1, Issue 304, 17 September 1908, Page 8

Word Count
491

TRAMWAY PROFITS. Dominion, Volume 1, Issue 304, 17 September 1908, Page 8

TRAMWAY PROFITS. Dominion, Volume 1, Issue 304, 17 September 1908, Page 8

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert