WELLINGTON TRAMWAYS.

New Zealand Herald, Volume LXIV, Issue 19608, 9 April 1927, Page 12

WELLINGTON TRAMWAYS.

POPULAR CONCESSION FARES.

GREAT VALUE TO CITY.

[BY TELEGRAPH. —OWN CORRESPONDENT. 1 WELLINGTON. Friday.

"Maximum concession fares to the number of 6.250,000 have been paid on the Wellington tramways during the year," said the Mayor of Wellington, Mr. C. J. R. Norwood, to-day, in commenting on the tramways figures for the year just closed.

"These are staggering figures," con tinued the Mayor, "but it must be remembered that it could not be done were it not for what I call the travelling public, the people who use the middle city section, many of whom never dream about buying a concession ticket. That is the section wnich earns proportionately the greatest amount of revenue, and without which it would probably not be possible, economically, to give that relief to the people of the suburbs that we have been able t-o do for the past 18 months or so. "In my opinion the concession has been a very wise movement, and is a better method of solving the housing problem than anything we could do in the building line. With this threepenny concession fare we have every land agent in the city working for us. They are all interested in bringing under the notice of homebuilders cheap building land in the suburbs."

PROFIT ON TRAMWAYS.

BUS SERVICES SHOW LOSS. [BY TELEGRAPH. —PRESS ASSOCIATION. ] WELLINGTON, Friday. Tho last meeting of the Wellington City Council was held last night, when revised loan proposals were considered amounting to £746,920 gross, made up as follows:—Special street works, £138,050; waterworks and drainage, £164,235; paving, footpaths and streets, £264,000; conveniences, £26.875; libraries, £87,500; reserves, £66,250. Tho gross figures include 25 per cent., covering supervision, contingencies, first year's interest, and cost of flotation. The Mayor foreshadowed a reduction of a penny all round in the cost of electric lighting, with probably a further reduction on completion of the change-over, The city tram system showed a profit of £16,332 for the financial year ended March 31, and buses a loss of £9820. The trams carried 43.000,000 people.