LOSS ON BUSES.

Gisborne Times, Volume LXVII, Issue 10566, 20 April 1928, Page 5

LOSS ON BUSES.

YEAR’S DEBIT IN AVELLINGTON TOTALS £13,690 - nm PROFIT ON TRAMS .AND . lighting (Pres# Association-* WELLINGTON, April 19. AVeltington has had a satisfactory financial year so far as tramwaysand electric lighting are concerned. The surplus on the _ brauiAvay s is £10,475, and on electric lighting almost £51,000. The tramway profits are discounted considerably by loss es oris the operation of buses. The total expenditure on tramways was £425,750. The passengers carried totalled 45,413,127, and the tram miles run 4,164,827. The passengers carried represents one and a half million increase over 1920-27-The. figures for the bus .operations which run counter to- the tramivays, are interesting. The - .revenue was £20,396, and the traffic expenses were £11,713, general expenses £I4OB, repairs and maintenance £8327, pOAver expenses £4848, depreciation of buses £7796, total operating expenses £34,092. leaving a debit 'balance of £13,00*, The■ PaTOgers carried totalled 1.419,214, com fared with 1,707,731 for 1926-27. The bus miles run ivere- 376,073 against 417,710 in - ... 'Hie total revenue on the tiro services was £470,325, and the total expenditure? on the services was £459,850; -' - ■ U. - -0 . ' The abnormal.: lighting year was due largely to . the .Mgugahuo , diificultjes' arid the City Cquricil supplying the Government with a great deal of bower. The .total revenue was £339,976, arid the - total expenditure and. charges #289,019.