EASTBOURNE FERRIES

Dominion, Volume 31, Issue 129, 25 February 1938, Page 6

EASTBOURNE FERRIES

£650 Worse For TenMonth Period The net result of ferry operations for the 10 months ending January was £650 worse fhan for the same period of the previous financial year, according to a report presented to the Eastbourne Borough Council last night. For January the traffic receipts were £3OO higher than for January, 1937, but expenditure for the 10 months ended last month was £950 higher. The position in January showed a fairly substantial improvement and good weather in the remaining two months would result in further improvement. Receipts for January were £l9OB and expenditure £llO6, compared with £1609 and £lO7B respectively in the same moitQi. of 1937. For the 10 months ended January the figures were: Receipts, £13,447 (£9075 last year); expenditure, £14,883 (£8974). Omnibus department traffic receipts maintained the steady increase of earlier months and, despite the heavier expenditure, the result of the full year’s operations is likely to be better than for the previous financial year. January receipts were £1779, compared with £1572 in the same month of 1937. Expenditure was £2451, including £1458 for a new bus chassis. In January, 1937, the expenditure was £6BO.