TRAMWAYS & POWER.

Dominion, Volume 4, Issue 1031, 21 January 1911, Page 13

TRAMWAYS & POWER.

O TOTALS TO DATE. A DEBIT BALANCE EXPLAINED.; A-report submitted yesterday'to the. Tramways Committee of the City Coun-r' . cil by Mr. Stuart Richardson, CityElectrical Engineer,, shows working results for the four weeks ending Decem-j. ber S and for tho period from April 1, 1910, to December 8, 1910. j For the four weeks ending December; 8, the gross revenue on the tramways account shows an increase of £406, and the expenditure an increase of £802, aa compared with the corresponding period of . last year. The totals to date (April 1 to D&cember 8) show that the gross. revenue has increased by" £2974," and -the expenditure by £1735. ' : . After allowing for capital charges, the net result of tramway operatiod to date (December 8) is a debit baU ance of £1607, as compared" with a credit balance last year of £180. , '■ Power Supply Account.—Tho reveriuo from the sale of current for the four . weeks shows a decrease of £22 and the expenditure an increase of £22.' Comparing the totals to date, it will be seen that tho gross revenueihas increased by £502; and the expenditure by £310. . Tramways and, Power Supply.—Thanet result of these , two .businesses for the period from-April 1 to. December 8; 1910, shows a debit balance of £130.0, ■ as compared with a credit balance daat year of £421. It- must be noted, the Mayor told'a Dominion reporter yesterday, :that';;."in- ' eluded in the working expenses, are the following special items of expenditure: —Conversion of box cars, . £500; street widening, £1170 ; : track duplication, £337; erecting ticket collector, '■ improving ticket office arrangements, and increasing ticket stores, £2-50; total; £2257. Subtracting the debit balance of £1300 from this amount, there ,is left a sum of £957, so that tlie actual result for the period is ; better. by'.£s36 than the correspondingperiod of. last ■- year. ' ■/.' ." De'tailcd figures attached to the report show that the tramways revenue • from April 1, 1910, to" December 8,1910, amounted to £88,902-7s. Id., an increase, of £2974 Is. 7d. on the total for: the corresponding period of.-1909. Revenue from the sale, of .current", for' the same period. 1910 totalled £6608: i.6s: Bd., an increase of £502 7s. 2d. The combined accounts show an aggre-' gate revenue from April 1 to. December; - 8, 1910, of £95,511 3s. 9d., an. increaso of- £3476; Ss. 9d., on the corresponding aggregate' total for the previous year. Working expenses on the tramway ao- , < count totalled £65;771125. 9d., as against £61,036 16s. od.. for the previous;year; . an'iucreasoof £47£!4 16s. 4d. Working •expenses; in ■ connection. with the" sale - of. current, totalled £2923 17s. lld.' for the 1910 period, as against £2,613 16s'; _ \ Id;. from April l"to December 8, 1909,' an increase of £310 Is. lOd. .■ . Capital • charges on the. tramway.) account .for the -1910 " period, totalled ; £24,737 16s. 4d., an increase of £26 112s. 'sd.' On the'sale'of current ac- • count, capital charges i-to '!£3378 3s. Bd., the amount of -the-in?;. ' 'crease being £126 7s. ,-7d,. .. ' ; The total expenses on both accounts / I :a'moiuited; from - April -l. -to December.- : S, 1910, to £96,811 as against* . £91,613 12s. 6d. for the corresponding, period of 1909. , - On the electric'lighting account the : ; revenue for the monttt O of De<ssb?r 1 jstefs a'decrease of ':213j]175. qd>tHitflfh'. J " ItlJ?'expenditure an inpi'-iSate of £811;tlfi%,-j 7d' "as compared ; witli the corresponding • month of last year, this increase -being , due to this sum of .'£BBo Bs. .lld. ;for ( the removal;.and. re-erection-of ,boilers. . • which has been, charged into therwork-; • ing expenses:.. Comparing the..totals to date,- J.he gross revenue; has , increased bj;" £501; and -the expenditure has' by £399, as compared'with the corresponding nine'months of last year* . " . Included in the expenditure this year . is an amount of £1370, the cost to dato I of the removal and re-erection- of; boil- . : ; The credit balance to date. is £3570, . as against £3931 last year. ;