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TRAMWAY REVENUE

COMPARATIVE FIGURES The revenue taken on the municipal tramways on Anniversary Day amounted to £720, boing an increase, of £160 on tho receipts for the same holiday in 1916. The'amount mentioned represents actual cash taken, and does not include revenue from concession tickets or special cars for picnics, etc. Owing to the Christmas: holidays tho tramway figures for the four weeks ended December 8 last were not presented to the Tramways Committee, so were not made available to the Press until after yesterday's meeting of the committee, when eight weeks' returns were laid on the table. It is fortunate for tho city weather has been so fine duriug those eight -weeks, as a fine holiday period has meant very satisfactory 'returns. Yet, as will be'seen from the final return, the working expenses for the current financial year (to Jaiiuary_s) have exceeded the increase in tile revenue by well over £2000. Had the weather during the past eight weeks been anything but uniformly fine, the deficit ivould have been appreciably greater. ' The following are the returns for tlio four weeks ended December 8 last:— 1916 C 1915. Revenue £16,181 ' £13,495 Working expenses £10,659 . £8,528 Capital charges ... £3,519 £3,231 Credit balance ... £2,003 £1,736 Passengers carried 2,544,639 2,126,736 ' The returns for the four weeks ended January 5 last (which included the holiday period) are as follow: — 1916-17. 1915-16. Revenue 1 £18,198 £16,573 Working expenses £10,067 £8,967 Capital charges... £3,516 £3,231 Credit balance ... £4,615 £4,375 Passengers carried 2,643,363 _ 2,393,848 The following table gives at a glance a statement of the tramway finances for the forty weeks of the financial year ended on January s:— 1916-17. 1915-16. -Revenue £155,533 £138,963 Working expenses £108,041 £89,212 Special expenditure chargeable to revenue £5,220 £4,527 Capital charges... £34,968 £32,266 Credit balance ... £7,309 £12,958 Passengers' carried 24,192,000.21,306,787 The figures for power supply and track lighting for the forty weeks mentioned are as under:— 1916-1.7. 1915-16. Revenue £11,717 £9,644 Working expenses' £5,606 £4,553 Capital charges ... £4,444 £4,107 Credit balance ... £1,667 £984 Units sold for power and track ' lighting 1,308,188 1,043,345

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19170124.2.30

Bibliographic details

Dominion, Volume 10, Issue 2985, 24 January 1917, Page 6

Word Count
341

TRAMWAY REVENUE Dominion, Volume 10, Issue 2985, 24 January 1917, Page 6

TRAMWAY REVENUE Dominion, Volume 10, Issue 2985, 24 January 1917, Page 6

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